MIRA INFORM REPORT

 

 

Report Date :

04.06.2008

 

IDENTIFICATION DETAILS

 

Name :

KEMMLER PRÄZISIONSWERKZEUGE GMBH

 

 

Registered Office :

Lange Str. 101 72116 Mossingen

 

 

Country :

Germany

 

 

Date of Incorporation :

1997

 

 

Com. Reg. No.:

HRB 381797

 

 

Legal Form :

Private limited company

 

 

Line of Business :

Manufacture of Tools

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Maximum Credit Limit :

EUR 150.000,00.

 

 

Status :

Satisfactory

 

 

Payment Behaviour :

No Complaints

 

 

Litigation :

Clear

 

 

 

 

 

 

name & address

 

Kemmler Präzisionswerkzeuge GmbH

Lange Str. 101

72116 Mössingen

Telephone: 07473/92408-0

Telefax:   07473/92408-20

Homepage:  www.kemmler-tools.de

E-Mail:    info@kemmler-tools.de

 

 

VAT no.         

 

DE812235910

 

 

SOLVENCY RATING  

 

2,2

 

 

CONCLUSION

 

The maximum credit is EUR 150.000,00.

Business relations are permissible.

 

 

LEGAL FORM          

 

Private limited company

 

 

Date of foundation

 

 1997

 

 

Shareholders' agreement              

 

15.04.1997

 

 

Registered on   

 

06.08.1997

 

Commercial Register

 

Local court 70190 STUTTGART 1

 under:               HRB 381797

 

 

Share capital                        

 

EUR             30.000,00

 

 

Shareholder

 

                      Fritz Kemmler

                      72127 Kusterdingen

                      Share:             EUR             30.000,00

 

Manager

 

                      Fritz Kemmler

                      72127 Kusterdingen

 

 

BUSINESS HISTORY

 

 1997                 Eroglu Präzisionswerkzeuge Vertriebs GmbH

                      Richard-Burkhardt-Str. 11

                      72116 Mössingen

                      Private limited company

 08.05.2002           Eroglu Präzisionswerkzeuge Vertriebs GmbH

                      Lange Str. 101

                      72116 Mössingen

                      Private limited company

 

 

BUSINESS ACTIVITIES

 

2862

MANUFACTURE OF TOOLS

 

 

FINANCIAL INFORMATION

 

 Solvency rating:      2,2

 Payment experience:  without complaints

 

 

REAL ESTATE

 

 Type of ownership:   Tenant

 Address              Lange Str. 101

                      72116 Mössingen

 

 Land register documents were not available.

 

 

BANKERS

 

 KREISSPARKASSE TÜBINGEN, TÜBINGEN

 Sort. code: 64150020

 

 

FIGURES

 

 Financial year:      01.01. - 31.12.

 Turnover:                       2006               EUR          9.000.000,00

                                    2007                 EUR          9.500.000,00

 Share capital:                                       EUR             30.000,00

 Employees:                                                                    12

 

 Approximate figures are given.


 

RATING EXPLANATIONS

 

RATING

STATUS

 

 

PROPOSED CREDIT LINE

>86

Aaa

Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums

 

Unlimited

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

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

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

 

Satisfactory

26-40

B

Unfavourable & favourable factors carry similar weight in credit consideration. Capability to overcome financial difficulties seems comparatively below average.

 

Small

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

<10

C

Absolute credit risk exists. Caution needed to be exercised

 

 

Credit not recommended

NR

In view of the lack of information, we have no basis upon which to recommend credit dealings

No Rating

 

 

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%)

 

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions