MIRA INFORM REPORT

 

 

Report Date :

16.05.2008

 

IDENTIFICATION DETAILS

 

Name :

HANS KLEIN WERKZEUGMASCHINEN-HANDEL GMBH

 

 

Registered Office :

I M Muhlgut 2-4 77815 Buhl

 

 

Country :

Germany

 

 

Date of Incorporation :

01.10.1968

 

 

Com. Reg. No.:

HRB 210213

 

 

Legal Form :

Private limited company

 

 

Line of Business :

Wholesale of Machine Tools (excl. Wood Processing Machines)

 

 

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 92.000,00.

 

 

Status :

Satisfactory

 

 

Payment Behaviour :

Regular

 

 

Litigation :

Clear

 

 

 

 

 

 

 

 

name & address

 

Hans Klein Werkzeugmaschinen-Handel GmbH

Im Mühlgut 2-4

77815 Bühl

Telephone: 07223/52081

Telefax:   07223/58512

Homepage:  www.klein-werkzeugmaschinen.de

E-Mail:    info@klein-werkzeugmaschinen.de

 

 

 VAT no.          

 

DE241979872

 

 

Tax ID number      

 

36060/19007

 

 

SOLVENCY RATING

 

2,2

 

 

CONCLUSION

 

 The maximum credit is EUR 92.000,00.

 Business relations are permissible.

 

 

LEGAL FORM          

 

Private limited company

 

 

Date of foundation

 

01.10.1968

 

 

Shareholders' agreement         

 

 27.06.1977

 

Registered on    

 

27.06.1977

 

 

Commercial Register

 

Local court 68159 MANNHEIM

 under:               HRB 210213

 

 

Share capital                          

 

EUR             26.000,00

 

 

Shareholder

 

Hans Klein

Im Mühlgut 2-4

77815 Bühl

born 14.01.1947

Share:             EUR             26.000,00

 

 

Manager

 

Hans Klein

Im Mühlgut 2-4

77815 Bühl

having sole power of representation

born 14.01.1947

Occupation: Businessman

Marital status: single

Children:       2

 

Manager:

Thomas Klein

77836 Rheinmünster

having sole power of representation

born 28.09.1967

 

 

BUSINESS HISTORY

 

 01.10.1968           Hans Klein

                      Im Mühlgut 2-4

                      77815 Bühl

                      Unregistered commercial enterprise

 1977                 Hans Klein Werkzeugmaschinen-Handel GmbH

                      Im Mühlgut 2-4

                      77815 Bühl

                      Private limited company

 

 

BUSINESS ACTIVITIES

 

51811

 Wholesale of machine tools (excl. wood processing machines

 52742

 REPAIR OF OTHER CONSUMER GOODS

 

 

BRANCHES AND FACTORIES

 

 Branch:

                      Hans Klein Werkzeugmaschinen-Handel GmbH

                      LAGERFLÄCHE

                      77833 Ottersweier

 

 

 FINANCIAL INFORMATION

 

 Solvency rating:      2,2

 Payment experience:  within agreed terms

 Trend of business:   constant

 Order position:      satisfactory

 

 

 REAL ESTATE

 

Type of ownership:   Tenant

 Address              Im Mühlgut 2-4

                      77815 Bühl

 

 Private real estate

 Name                 Hans Klein

 Type of ownership:   proprietor

 Share:                100,00 %

 Address              Im Mühlgut 2-4

                      77815 Bühl

 Type of real estate: office building

 Value at selling price:                 EUR            256.000,00

 

 Land register documents were not available.

 

 

BANKERS

 

 SPARKASSE BÜHL, BÜHL, BADEN

 Sort. code: 66251434

 

 

 FIGURES

 

 Financial year:      01.01. - 31.12.

 Turnover:                      2006                 EUR          9.100.000,00

                                    2007                 EUR          9.200.000,00

 Expected turnover:        2008                 EUR          9.200.000,00

 Share capital:                                       EUR             26.000,00

 Value of stocks:                                                EUR             70.000,00

 Equipment:                                           EUR            100.000,00

 Ac/ts receivable:                                               EUR            765.000,00

 Liabilities:                                             EUR            575.000,00

 Employees:                                                     50

 

 

 


 

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