MIRA INFORM REPORT

 

 

Report Date :

06.06.2008

 

IDENTIFICATION DETAILS

 

Name :

KINZLER GMBH & CO.KG

 

 

Registered Office :

Daimlerstr. 7, 89542 Herbrechtingen

 

 

Country :

Germany

 

 

Year of Establishment :

1992

 

 

Com. Reg. No.:

HRA 661281

 

 

Legal Form :

Limited partnership with Private Limited Company as General partner

 

 

Line of Business :

Wholesale of Clothing and Footwear

 

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 100.000,00.

 

 

Status :

Satisfactory 

 

 

Payment Behaviour :

Regular

 

 

Litigation :

Clear

 

 

NAME & address

 

Kinzler GmbH & Co.KG

Daimlerstr. 7

89542 Herbrechtingen

Telephone: 07324/96320

Telefax:   07324/963232

E-Mail:    jankinzler@t-online.de

 

 

SOLVENCY RATING  

 

2,3

 

 

CONCLUSION

 

The maximum credit is EUR 100.000,00.

 

Business relations are permissible.

 

 

LEGAL FORM   

   

Ltd partnership with priv. ltd. Company as General partner

 

Date of foundation:  1992

 

Registered on:         05.10.2005

 

Register of               Local court 89073 ULM

companies:

 

under:                                  HRA 661281

 

 

Total cap. contribution:                EUR            500.000,00

 

 

General Partner

 

Kinzler Heimtextilien Verwaltungs GmbH

Daimlerstr. 7

89542 Herbrechtingen

Legal form: Private limited company

Share capital:     EUR             25.000,00

Reg. Data:  18.08.2005

                    HRB 661911

                     89073 ULM

                     Employees:                                 2

Manager

 

Jan Henrik Kinzler

89518 Heidenheim

having sole power of representation

born 18.05.1968

 

Manager:

 

Marc Kinzler

89542 Herbrechtingen

having sole power of representation

born 11.01.1964

 

 

Limited Partner

 

Rolf Kinzler

Fuchssteige 5

OT Hürben

89537 Giengen

born 10.08.1938

Share:             EUR            250.000,00

 

Limited Partner:

 

Maria Kinzler

Fuchssteige 5 OT Hürben

89537 Giengen

born: Bosch

born 10.04.1941

Share:             EUR            250.000,00

 

 

Proxy

 

Andreas Mader

78315 Radolfzell

having sole power of representation

born 28.06.1964

 

Proxy:

 

Gerda Kolb

89547 Gerstetten

having sole power of representation

born 03.04.1947

 

 

 

BUSINESS HISTORY

 

23.10.1992    Kinzler GmbH

                      Neu Bohlingen 4

                      78315 Radolfzell

                      Private limited company

 

15.12.1994    Kinzler GmbH (HRB 1145 AG Heidenheim)

                      Daimlerstr. 7

                      89542 Herbrechtingen

                      Private limited company

 

 

BUSINESS ACTIVITIES

 

5142

WHOLESALE OF CLOTHING AND FOOTWEAR

 

 

FINANCIAL INFORMATION

 

Solvency rating:          2,3

 

Payment experience:  within periods customary in this trade

 

Collection proceedings:

                                     Amount     last entry:

                                                 1               14.03.2008

                                    EUR           1.071,00

 

The Claims could be in dispute.

 

 

REAL ESTATE

 

Type of ownership:         Tenant

Address                        Daimlerstr. 7

                                    89542 Herbrechtingen

 

Private real estate

Name                                        Kinzler Heimtextilien Verwaltungs GmbH

Type of ownership:         Tenant

Address                        Daimlerstr. 7

                                    89542 Herbrechtingen

 

Land register documents were not available.

 

 

 

 

BANKERS

 

KREISSPARKASSE HEIDENHEIM, HEIDENHEIM AN DER BRENZ

Sort. code: 63250030

 

HEIDENHEIMER VOLKSBANK, HEIDENHEIM AN DER BRENZ

Sort. code: 63290110

 

 

FIGURES

 

Financial year:    01.01. - 31.12.

Turnover:            2006               EUR         11.203.347,00

Profit:                  2006               EUR           1.967.852,00

Total cap. contribution:              EUR              500.000,00

Employees:                                                                   40

 

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