MIRA
INFORM REPORT
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Report Date : |
09.07.2008 |
IDENTIFICATION
DETAILS
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Name : |
KRONOS
TITAN GmbH |
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Registered Office : |
Peschstr.
5, 51373 Leverkusen |
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Country : |
Germany |
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Financials (as on) : |
31.12.2005 |
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Date of Incorporation : |
09.05.1932 |
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Com. Reg. No.: |
HRB 52058 |
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Legal Form : |
Private
Limited Company |
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Line of Business : |
Wholesale
Trade in Chemical Technical Products Manufacture
of Other Chemical Products nec |
RATING &
COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
name & address
KRONOS TITAN GmbH
Peschstr. 5
51373 Leverkusen
Telephone: 0214/356-0
Telefax: 0214/403016
Homepage: www.kronos.de
E-Mail: kronos.leverkusen@nli-usa.com
CONCLUSION
Business relations are permissible.
The company is considered solvent for credits within its scope of
business.
LEGAL FORM
Private limited company
Date of foundation
09.05.1932
Shareholders' agreement
14.11.2003
Registered on
19.12.2003
Commercial Register
Local court 50939 KÖLN 41
Under
HRB 52058
Share capital
EUR 10.000.000,00
Shareholder
KRONOS INTERNATIONAL INC.
Peschstr. 5
51373 Leverkusen
Legal form: Other legal form
Share capital: USD 100.000,00
Share: EUR 10.000.000,00
Reg. Data: 27.12.1988
HRB 48718
50939 KÖLN 41
Employees: 195
Profit transfer agreement
Manager
Dr. Ulfert Fiand
40764 Langenfeld
having sole power of representation
born 09.06.1948
Occupation: Businessman
Marital status: unknown
Manager
Volker Roth
Peschstr. 5 Geschäftsanschrift
51373 Leverkusen
having sole power of representation
born 12.01.1945
Occupation: Businessman
Marital status: unknown
Proxy
Hans Jürgen Theus
51373 Leverkusen
authorized to jointly represent the company
born 07.03.1957
Occupation: Businessman
Marital status: unknown
Proxy
Ulrich Kabelac
65183 Wiesbaden
authorized to jointly represent the company
born 27.03.1963
Further functions/participations of
Ulfert Fiand (Manager)
Manager:
KRONOS INTERNATIONAL INC.
Peschstr. 5
51373 Leverkusen
Legal form: Other legal form
Share capital: USD 100.000,00
Reg. Data: 27.12.1988
HRB 48718
50939 KÖLN 41
BUSINESS HISTORY
13.09.1985
NL Industries (Deutschland) GmbH (HRB 2669, AG Leverkusen)
Peschstr. 5
51373 Leverkusen
Private limited company
08.11.2001
KRONOS TITAN GmbH & Co. OHG (HRA 20660, AG Köln)
Peschstr. 5
51373 Leverkusen
General partnership with private limited company as partner
14.11.2003
KRONOS TITAN GmbH (HRB 52058, AG Köln)
Peschstr. 5
51373 Leverkusen
Private limited company
BUSINESS ACTIVITIES
51554
WHOLESALE TRADE IN CHEMICAL TECHNICAL PRODUCTS
24660
MANUFACTURE OF OTHER CHEMICAL PRODUCTS NEC
PARTICIPATION
Shareholder:
Unterstützungskasse KRONOS TITAN-GmbH
Peschstr. 5
51373 Leverkusen
Legal form: Private limited company
Share capital: EUR 26.000,00
Share: EUR 26.000,00
Reg. Data: 28.11.1952
HRB 48239
50939 KÖLN 41
FINANCIAL INFORMATION
Payment experience: within
agreed terms
REAL ESTATE
Type of ownership: proprietor
Share: 100,00 %
Address Peschstr. 5
51373 Leverkusen
Type of real estate: Commercial
building
Land register documents were not available.
BANKERS
DRESDNER BANK, KÖLN
Sort. code: 37080040
DEUTSCHE BANK, LEVERKUSEN
Sort. code: 37570064
FIGURES
Financial year: 01.01. - 31.12.
Turnover: 2005 EUR
464.958.000,00
Profit: 2005 EUR
-49.130.000,00
Share capital: EUR 10.000.000,00
Value of stocks: EUR 30.897.000,00
Equipment: EUR 50.000.000,00
Ac/ts receivable: EUR 57.923.000,00
Liabilities: EUR 24.951.000,00
Real estate of the firm: EUR 36.546.000,00
Employees: 10.283
Profit transfer agreement with:
KRONOS INTERNATIONAL INC.
51373 Leverkusen
Approximate figures are given.
RATING
EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest capability
for timely payment of interest and principal sums |
Unlimited |
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71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
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56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Unfavourable & favourable factors carry similar weight in credit
consideration. Capability to overcome financial difficulties seems
comparatively below average. |
Small |
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11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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NR |
In view of the lack of information, we have no basis upon which to
recommend credit dealings |
No Rating |
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This score serves as a reference to assess SC’s credit risk
and to set the amount of credit to be extended. It is calculated from a
composite of weighted scores obtained from each of the major sections of this
report. The assessed factors and their relative weights (as indicated through
%) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)