MIRA INFORM REPORT

 

 

Report Date :

16.05.2008

 

IDENTIFICATION DETAILS

 

Name :

JOHNSON MATTHEY CHEMICALS GMBH

 

 

Registered Office :

Wardstr. 17 46446 Emmerich

 

 

Country :

Germany

 

 

Date of Incorporation :

16.10.2002

 

 

Com. Reg. No.:

HRB 3444

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Manufacture of other Chemical 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 100.000,00.

 

 

Status :

Satisfactory

 

 

Payment Behaviour :

Regular

 

 

Litigation :

Clear

 

 

 

 

 

name & address

 

Johnson Matthey Chemicals GmbH

Wardstr. 17

46446 Emmerich

Telephone: 02822/91410

Telefax:   02822/9141437

Homepage:  www.matthey.com

 

 

SOLVENCY RATING

 

2,4

 

 

CONCLUSION

 

 The maximum credit is EUR 100.000,00.

 Business relations are permissible.

 

 

 LEGAL FORM          

 

Private limited company

 

 

Date of foundation

 

16.10.2002

 

 

Shareholders' agreement           

 

16.10.2002

 

 

Registered on     

 

21.03.2003

 

 

Commercial Register

 

Local court 47533 KLEVE

 under:               HRB 3444

 

 

Share capital                         

 

EUR             25.000,00

 

 

Shareholder

 

Alfa Aesar GmbH & Co. KG

Wardstr. 17

46446 Emmerich

Legal form: Ltd partnership with priv. ltd.

Company as General partner

Total cap. contribution: EUR       10.000,00

Share:             EUR             25.000,00

Reg. Data:  06.12.2002

HRA 1232

47533 KLEVE

Employees:                                25

Control and profit transfer agreement

 

 

Manager

 

Jens Niermann

GB Cleveland

born 14.09.1970

Nation.: British

 

Manager:

Michael Häusler

GB - CB8 7YP

born 23.06.1959

Nation.: British

 

 

Proxy

 

Michael Schläger

47533 Kleve

authorized to jointly represent the company

born 27.11.1959

 

Proxy:

Joachim Lettow

47589 Uedem

authorized to jointly represent the company

born 16.09.1960

 

 

 

 

 

 

 BUSINESS HISTORY

 

 16.10.2002           Johnson Matthey Chemicals GmbH

                      Valentinskamp 24

                      20354 Hamburg

                      Private limited company

 21.03.2003           Johnson Matthey Chemicals GmbH

                      Wardstr. 17

                      46446 Emmerich

                      Private limited company

 

 

 BUSINESS ACTIVITIES

 

 24660

 MANUFACTURE OF OTHER CHEMICAL PRODUCTS NEC

 51551

 WHOLESALE TRADE IN CHEMICAL PRODUCTS WITHOUT SPECIALIZATION

 

 

 BRANCHES AND FACTORIES

 

 Branch:

                      Johnson Matthey Chemicals GmbH

                      Otto-Roelen-Str. 3

                      46147 Oberhausen

 

 

 FINANCIAL INFORMATION

 

 Solvency rating:      2,4

 Payment experience:  within agreed terms

 

 

REAL ESTATE

 

 Type of ownership:   Tenant

 Address              Wardstr. 17

                      46446 Emmerich

 

 Land register documents were not available.

 

 

 BANKERS

 

 COMMERZBANK, EMMERICH AM RHEIN

 Sort. code: 32440023

 

 

 

FIGURES

 

 Financial year:      01.01. - 31.12.

 Turnover:                      2006                 EUR         32.000.000,00

                                    2007                 EUR         33.000.000,00

 Share capital:                                       EUR             25.000,00

 Value of stocks:                                                EUR          7.000.000,00

 Equipment:                                           EUR          4.500.000,00

 Employees:                                                      120

 - Trainees:                                                        10

Control and profit transfer agreement with:

                      Alfa Aesar GmbH & Co. KG

                      46446 Emmerich

 

 


 

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