MIRA INFORM REPORT

 

 

Report Date :

30.04.2008

 

 

IDENTIFICATION DETAILS

 

Name :

HALSSEN & LYON GMBH

 

 

Registered Office :

Pickhuben 9 20457 Hamburg

 

 

Country :

Germany

 

 

Date of Incorporation :

01.04.1879

 

 

Com. Reg. No.:

HRB 35149

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Wholesale Trade in Coffee, Tea, Cocoa and Spices

 

 

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 250.000,00

 

 

Status :

Satisfactory

 

 

Payment Behaviour :

Regular

 

 

Litigation :

Clear

 

 

 

 

 

 

 

name & address

 

Hälssen & Lyon GmbH

Pickhuben 9

20457 Hamburg

Telephone: 040/361430

Telefax:   040/36143117

Homepage:  www.haelssen-lyon.de

E-Mail:    info@haelassen-lyon.de

 

 

VAT no.     

 

 DE118560028

 

 

SOLVENCY RATING

 

 1,4

 

 

 CONCLUSION

 

 The maximum credit is EUR 250.000,00.

 Business relations are permissible.

 

 

LEGAL FORM          

 

Private limited company

 

 

Date of foundation

 

01.04.1879

 

 

Shareholders' agreement        

 

 15.10.1985

 

 

 Registered on   

 

  13.11.1985

 

 

Commercial Register

 

Local court 20355 HAMBURG 36

under:               HRB 35149

 

 

Share capital                   

 

  EUR          5.120.000,00

 

 

Shareholder

 

Carl-Olav Ellerbrock

Pickhuben 9

20457 Hamburg

born 08.01.1931

Share:             EUR          2.560.000,00

 

Shareholder:

Horst-Jürgen Ellerbrock

20095 Hamburg

born 14.02.1933

Share:             EUR          2.560.000,00

 

 

Manager

 

Dietmar Scheffler

Pickhuben 9

20457 Hamburg

having sole power of representation

born 19.02.1959

Occupation: Management expert

 

Manager:

Peter Wieland

21423 Winsen

authorized to jointly represent the company

born 30.10.1959

 

 

Proxy

 

Johann Uhl

24629 Kisdorf

authorized to jointly represent the company

born 06.08.1963

 

 

 

 

Proxy:

Hans-Georg Zynda

21244 Buchholz

authorized to jointly represent the company

 

Proxy:

Karl-Heinz Grieger

22301 Hamburg

authorized to jointly represent the company

 

Proxy:

Frank Pauls

21629 Neu Wulmstorf

authorized to jointly represent the company

born 12.08.1966

Occupation: Businessman

 

Proxy:

Andreas Beuch

20457 Hamburg

Occupation: Businessman

 

 

Further functions/participations of Dietmar Scheffler (Manager)

 

 Manager:

H.J. Schmidt & Partner GmbH

Wilhelm-Iwan-Ring 6

21035 Hamburg

Legal form: Private limited company

Share capital:     EUR            205.000,00

Reg. Data:  10.04.1996

HRB 61147

20355 HAMBURG 36

 

 

BUSINESS HISTORY

 

 

BUSINESS ACTIVITIES

 

 51371

 WHOLESALE TRADE IN COFFEE, TEA, COCOA AND SPICES

 

 

 BRANCHES AND FACTORIES

 

 Branch:

                      Hälssen & Lyon GmbH

                      Wilhelm-Iwan-Ring 6

                      21035 Hamburg

 

 

PARTICIPATION

 

Shareholder:

H.J. Schmidt & Partner GmbH

Wilhelm-Iwan-Ring 6

21035 Hamburg

Legal form: Private limited company

Share capital:     EUR            205.000,00

Share:             EUR            205.000,00

Reg. Data:  10.04.1996

HRB 61147

20355 HAMBURG 36

Employees:                                24

 

 

FINANCIAL INFORMATION

 

 Solvency rating:      1,4

 Payment experience:  within agreed terms

 

 

REAL ESTATE

 

 Type of ownership:   Tenant

 Address              Pickhuben 9

                      20457 Hamburg

 

 Land register documents were not available.

 

 

BANKERS

 

DEUTSCHE BANK, HAMBURG

Sort. code: 20070000, Account No: 0304097

HSH NORDBANK HAMBURG, HAMBURG

Sort. code: 20050000, Account No: 331199

POSTBANK (GIRO), HAMBURG

Sort. code: 20010020, Account No: 199204

 

 

FIGURES

 

 Financial year:      01.07. - 30.06.

 Turnover:                       2005/2006                    EUR         53.578.454,00

 Share capital:                                                   EUR          5.120.000,00

 Real estate of the firm:                                      EUR          2.182.204,00

 Employees:                                                                                118

 - Trainees:                                     8


 

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