MIRA
INFORM REPORT
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Report Date : |
16.05.2008 |
IDENTIFICATION
DETAILS
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Name : |
HITACHI METALS EUROPE GMBH |
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Registered Office : |
Immermannstr. 14-16, 40210 Düsseldorf |
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Country : |
Germany |
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Date of Incorporation : |
1970 |
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Com. Reg. No.: |
HRB
12285 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
Wholesale Trade in Iron, Steel and
Iron and Steel Semi-Finished Products |
RATING &
COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Maximum Credit Limit : |
EUR
250.000,00. |
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Status : |
Satisfactory |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
name & address
Hitachi Metals Europe Gesellschaft mit
beschränkter Haftung
Immermannstr. 14-16
40210 Düsseldorf
Telephone: 0211/16009-0
Telefax: 0211/16009-29
Homepage: www.hitachi-eu.com
E-Mail:
info@hitachi-eu.com
SOLVENCY RATING
2,0
CONCLUSION
The maximum credit is EUR 250.000,00.
Business relations are permissible.
LEGAL FORM
Private limited company
Date of foundation
1970
Shareholders' agreement
01.09.1970
Registered on
01.10.1970
Commercial Register
Local court 40213 DÜSSELDORF
under: HRB
12285
Share capital
EUR 2.200.000,00
Shareholder
Hitachi Metals Ltd.
J - Tokio
Legal form: Other legal form
Share: EUR 2.200.000,00
Manager
Keiro Miyamura
40210 Düsseldorf
having sole power of representation
born 31.12.1954
Proxy
Keiichiro Kuranari
40210 Düsseldorf
having sole power of representation
born 29.12.1964
BUSINESS HISTORY
BUSINESS ACTIVITIES
51522
WHOLESALE TRADE IN IRON,
STEEL AND IRON AND STEEL SEMI-FINISHED
PRODUCTS
BRANCHES AND FACTORIES
Branch:
Hitachi Metals Europe GmbH
Römerstr. 33
71229
Leonberg
FINANCIAL INFORMATION
Solvency rating: 2,0
Payment experience: within agreed terms
Trend of business: constant
Order position: satisfactory
REAL ESTATE
Type of ownership: Tenant
Address Immermannstr. 14 - 16
40210
Düsseldorf
Land register documents
were not available.
BANKERS
DEUTSCHE BANK, DÜSSELDORF
Sort. code: 30070010
THE BANK OF
TOKYO-MITSUBISHI UFJ, LTD., DÜSSELDORF
Sort. code: 30010700
FIGURES
Financial year: 01.04. - 31.03.
Turnover: 2006/2007 EUR 90.000.000,00
Share capital: EUR 2.200.000,00
Equipment: EUR 120.000,00
Employees:
47
RATING
EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest capability
for timely payment of interest and principal sums |
Unlimited |
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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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Unfavourable & favourable factors carry similar weight in credit
consideration. Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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NR |
In view of the lack of information, we have no basis upon which to
recommend credit dealings |
No Rating |
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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%)