MIRA INFORM REPORT

 

 

 

Report Date :

20.05.2008

 

IDENTIFICATION DETAILS

 

Name :

JOCKEY GMBH

 

 

Registered Office :

Neustr. 12, 72379 Hechingen

 

 

Country :

Germany

 

 

Financials (as on) :

2006

 

 

Date of Incorporation :

20.08.2002

 

 

Com. Reg. No.:

HRB 420943

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Manufacture of Wearing Apparel, Dressing and Dyeing of Fur.

 

 

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 25.000,00

 

 

Status :

Small Concern

 

 

Payment Behaviour :

Usually Correct

 

 

Litigation :

Clear

 

 


 

Company Name and Address

 

   Jockey GmbH

   Neustr. 12

   72379 Hechingen

   Telephone: 07471/189-0

   Telefax:   07471/189-120

   Homepage:  www.jockey.de

   E-Mail:        info@jockey.de

 

 

CONCLUSION

 

 The maximum credit is EUR 25.000,00.

 Business relations are permissible.

 

 

 LEGAL FORM                            Private limited company

 Shareholders' agreement           : 02.07.2002

 Registered on                           : 20.08.2002

 Commercial Register:                  Local court 70190 STUTTGART 1

 Under                                       : HRB 420943

 

 Share capital                            : EUR25.000,00

 

Shareholder

 

  Jockey International Inc.

  USA Kenosha/Wisconsin

  Legal form: Private limited company

  Share:             EUR             25.000,00

 

 

Manager

 

  Stephen James Silvester

  61462 Königstein

  Born 19.04.1959

 

 Proxy:

                      Jason T. Wilshaw

                      Streichener Str. 20

                      72336 Balingen

                      born 13.12.1972

                      Marital status: single

 Proxy:

                      Volker Görhardt

                      Tübinger Str. 34

                      72379 Hechingen

                      born 14.02.1943

 Proxy:

                      Klaus Schallenberg

                      Böllatweg 19

                      72379 Hechingen

                      born 06.12.1955

 Proxy:

                      Michael Wellisch

                      Am Hopfengarten 41

                      72514 Inzigkofen

                      born 28.09.1961

 Proxy:

                      Tony Harings

                      Hackersteigle 3

                      72076 Tübingen

                      born 10.02.1963

 Proxy:

                      Quinn Oszakiewski

                      72070 Tübingen

                      having sole power of representation

                      born 10.08.1966

 

 

BUSINESS HISTORY

 

 BUSINESS ACTIVITIES

 18

 MANUFACTURE OF WEARING APPAREL, DRESSING AND DYEINGOF FUR

 

 

FINANCIAL INFORMATION

 

Payment experience:  without complaints

 

 

REAL ESTATE

 

 Type of ownership                       Tenant

 Address                                                  Neustr. 12

                                                    72379 Hechingen

 

 Land register documents were not available.

 

BANKERS

 

v      SPARKASSE ZOLLERNALB, BALINGEN

             Sort. code: 65351260

 

 

 

 

 

 

 

 

 

 FIGURES

 

 Financial year:      01.01. - 31.12.

 Turnover:                             2006               EUR         15.500.000,00

 Share capital:                                           EUR             25.000,00

 Value of stocks:                                        EUR          1.751.000,00

 Equipment:                                               EUR             92.000,00

 Ac/ts receivable:                                          EUR          3.000.000,00

 Liabilities:                                                  EUR          6.321.000,00

 - shortterm:                                               EUR          2.721.000,00

 - longterm:                                                 EUR          3.600.000,00

 Total number of vehicles:                                                           11

 - Cars (owned):                                                                         11

 Employees:                                                                              54

 - Salaried employees:                                                                47

 - Workers:                                                                                 3

 - Trainees:                                                                                 2

 - Temporary workers:                                                                  2

 

 Approximate figures are given.


 

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