MIRA INFORM REPORT

 

 

Report Date :

18.06.2008

 

IDENTIFICATION DETAILS

 

Name :

HOPP KG

 

 

Registered Office :

Kleinhulsen 6 40721 Hilden

 

 

Country :

Germany

 

 

Date of Incorporation :

12.03.2003

 

 

Com. Reg. No.:

HRA 16694

 

 

Legal Form :

Limited Partnership

 

 

Line of Business :

Agents Specializing in the Sale of Particular Products or ranges of Products

 

 

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 120.000,00.

 

 

Status :

Satisfactory

 

 

Payment Behaviour :

Regular

 

 

Litigation :

Clear

 

 

 

 

 

 

 

 

name & address

 

Hopp KG

Kleinhülsen 6

40721 Hilden

Telephone: 02103/5092-0

Telefax:   02103/5092-50

Homepage:  www.hoppkg.com

E-Mail:    hopp.kg@hoppkg.com

 

 

VAT no.          

 

DE813666237

 

 

SOLVENCY RATING 

 

 2,1

 

 

CONCLUSION

 

 The maximum credit is EUR 120.000,00.

 Business relations are permissible.

 

 

LEGAL FORM          

 

Limited partnership

 

 

Date of foundation

 

1993

 

 

Registered on   

 

12.03.2003

 

 

Register of companies

   

Local court 40213 DÜSSELDORF

under:               HRA 16694

 

 

 

Total cap. contribution             

 

EUR            100.000,00

 

 

General Partner

 

Ernst Volker Hopp

Biesenstr. 50a

40724 Hilden

born 08.08.1943

Occupation: Businessman

Marital status: married

 

Limited Partner

 

Daniel Alexander Hopp

41352 Korschenbroich

born 29.08.1975

Share:             EUR            100.000,00

 

Proxy

 

Guido Karl Hopp

40210 Düsseldorf

having sole power of representation

born 22.12.1968

 

Proxy:

Daniel Alexander Hopp

41352 Korschenbroich

having sole power of representation

born 29.08.1975

 

 

BUSINESS HISTORY

 

1993                 Ernst Volker Hopp

                      Im Hülsenfeld 5a

                      40721 Hilden

                      Unregistered commercial enterprise

 06.1998              Ernst Volker Hopp

                      Kleinhülsen 6

                      40721 Hilden

                      Unregistered commercial enterprise

 01.03.2003           Hopp KG

                      Kleinhülsen 6

                      40721 Hilden

                      Limited partnership

 

 

BUSINESS ACTIVITIES

 

 5118

 AGENTS SPECIALIZING IN THE SALE OF PARTICULAR PRODUCTS OR RANGES

 OF PRODUCTSN.E.C

 

 

FINANCIAL INFORMATION

 

Solvency rating:      2,1

 Payment experience:  within agreed terms

 

 

REAL ESTATE

 

Type of ownership:   Tenant

 Address              Kleinhülsen 6

                      40721 Hilden

 

 Private real estate

 Name                 Ernst Volker Hopp

 Type of ownership:   part owner

 Share:                 50,00 %

 Address              Biesenstr. 50a

                      40724 Hilden

 

 Land register documents were not available.

 

 

BANKERS

 

 DEUTSCHE BANK, DÜSSELDORF

 Sort. code: 30070010, Account No: 5269899

 SPARKASSE HILDEN-RATINGEN-VELBERT, HILDEN

 Sort. code: 33450000, Account No: 34350900

 

 

FIGURES

 

 Financial year:      01.01. - 31.12.

 Turnover:                      2006                 EUR          6.300.000,00

                                    2007                 EUR          7.500.000,00

 Total cap. contribution:                          EUR            100.000,00

 Total number of vehicles:                                               5

 - Cars (leased):                                                             5

 Employees:                                                                              5         

 

 The aforementioned business figures may partly be estimated

 information based on average values in the line of business.

 


 

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