MIRA INFORM REPORT

 

 

Report Date :

05.05.2008

 

 

IDENTIFICATION DETAILS

 

Name :

LEIFELD METAL SPINNING GMBH

 

 

Registered Office :

Feldstr. 2-20 59229 Ahlen

 

 

Country :

Germany

 

 

Date of Incorporation :

2001

 

 

Com. Reg. No.:

HRB 7948

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Manufacture of Machinery and Equipment

 

 

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

 

Leifeld Metal Spinning GmbH

Feldstr. 2-20

59229 Ahlen

Telephone: 02382/966070

Telefax:   02382/96607244

Homepage:  www.leifeldms.com

E-Mail:    info@leifeldms.com

 

 

SOLVENCY RATING

 

 2,2

 

 

CONCLUSION

 

The maximum credit is EUR 250.000,00.

Business relations are permissible.

 

 

LEGAL FORM          

 

Private limited company

 

 

Date of foundation Begin of

 

2001

 

 

Business activities

 

2001

 

 

Shareholders' agrement

 

10.07.2001

 

Registered on   

 

 08.08.2001

 

Commercial Register

 

Local court 48149 MÜNSTER

 under:               HRB 7948

 

 

Share capital                     

 

 EUR             50.000,00

 

 

Shareholder

 

Leico Holding GmbH

Feldstr. 2-20

59229 Ahlen

Legal form: Private limited company

Share capital:     EUR            511.291,88

Share:             EUR             50.000,00

Reg. Data:  07.12.1970

HRB 8516

48149 MÜNSTER

Control and profit transfer agreement

 

 

Manager

 

Klaus Peter Piezynski

Hardenbergstr. 9

59227 Ahlen

born 14.04.1943

Occupation: Businessman

 

Manager:

Hartmut Last

Flachsweg 15

33813 Oerlinghausen

having sole power of representation

born 08.01.1950

Occupation: Businessman

 

 

Proxy

 

Arno Meschede

33154 Salzkotten

authorized to jointly represent the company

born 13.04.1956

Occupation: Businessman

 

 

 

Further functions/participations of Hartmut Last (Manager)

 

 Manager:

Leico GmbH Werkzeugmaschinen- bau

Feldstr. 2-20

59229 Ahlen

Legal form: Private limited company

dissolved by official decree

Share capital:     EUR             51.129,19

Reg. Data:  16.11.1984

HRB 520

59227 AHLEN

 

 

BUSINESS HISTORY

 

 Beginning of business activities:2001

 2001                 Leifeld Metal Spinning GmbH

                      Neubeckumer Str. 92-98

                      59269 Beckum

                      Private limited company

 2006                 Leifeld Metal Spinning GmbH

                      Feldstr. 2-20

                      59269 Beckum

                      Private limited company

 

 

 BUSINESS ACTIVITIES

 

 29

 MANUFACTURE OF MACHINERY AND EQUIPMENT N.E.C

 2862

 MANUFACTURE OF TOOLS

 7415

 MANAGEMENT HOLDING COMPANIES

 

 

 FINANCIAL INFORMATION

 

 Solvency rating:      2,2

 Payment experience:  within agreed terms

 

 

 REAL ESTATE

 

 Type of ownership:   Tenant

 Address              Feldstr. 2-20

                      59229 Ahlen

 

 Land register documents were not available.

 

 

BANKERS

 

 BAYER HYPO- UND VEREINSBANK, MÜNCHEN

 Sort. code: 70020270

 DEUTSCHE BANK, HAMM, WESTF

 Sort. code: 41070049

 

 

 FIGURES

 

 Financial year:      01.01. - 31.12.

 Turnover:                      2006                  EUR         28.000.000,00

                                    2007                 EUR         30.000.000,00

 Expected turnover:        2008                 EUR         32.500.000,00

 Profit:                           2006                 EUR          2.500.000,00

 Share capital:                                       EUR             50.000,00

 Value of stocks:                                                EUR          2.700.000,00

 Total number of vehicles:                                 5

 - Cars (owned):                                                 5

 Employees:                                                    110

 - Salaried employees:                                      30

 - Workers:                                                         80

Control and profit transfer agreement with:

                      Leico Holding GmbH

                      59229 Ahlen

 

 


 

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