MIRA INFORM REPORT

 

 

 

Report Date :

31.10.2008

 

IDENTIFICATION DETAILS

 

Name :

AGA SAAT GMBH & CO. KG

 

 

Registered Office :

Maishandelsgesellschaft, Pascalstr. 11, 47506 Neukirchen-Vluyn

 

 

Country :

Germany

 

 

Date of Incorporation :

19.03.1993

 

 

Com. Reg. No.:

HRA 2062

 

 

Legal Form :

Ltd Partnership With Priv. Ltd. Company As General Partner

 

 

Line of Business :

Wholesale of Grain, Unmanufactured Tobacco, Seeds and Animal Feeds

 

 

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 75.000,00

 

 

Status :

Satisfactory

 

 

Payment Behaviour :

Regular

 

 

Litigation :

Clear

 

 

 

name & address                      

 

AGA SAAT GmbH & Co. KG

Maishandelsgesellschaft

Pascalstr. 11

47506 Neukirchen-Vluyn

Telephone: 02845/9369724

Telefax:   02845/936979

Homepage:  www.agasaat-mais.de

E-Mail:    info@agasaat-mais.de

 

 

VAT no.            

 

DE156092023

 

 

CONCLUSION

 

The maximum credit is EUR 75.000,00.

 

Business relations are permissible.

 

 

LEGAL FORM           

 

Ltd partnership with priv. ltd. Company as General partner

 

 

Date of foundation

 

19.03.1993

 

 

Registered on

 

19.03.1993

 

 

Register of companies

 

Local court 47533 KLEVE

 

under           

 

HRA 2062

 

Total cap. contribution:                EUR             51.129,20

 

 

General Partner

 

AGA SAAT Beteiligungs GmbH

Pascalstr. 11

47506 Neukirchen-Vluyn

Legal form: Private limited company

Share capital:     EUR             25.564,59

Reg. Data:  11.03.1999

            HRB 5784

            47533 KLEVE

 

 

Shareholder

 

AGA SAAT GmbH & Co. KG

Maishandelsgesellschaft

Pascalstr. 11

47506 Neukirchen-Vluyn

Legal form: Ltd partnership with priv. ltd.

Company as General partner

Total cap. contribution: EUR       51.129,20

Share:             EUR             25.564,59

Reg. Data:  19.03.1993

            HRA 2062

            47533 KLEVE

Turnover:          EUR          4.420.000,00

Employees:                                11

 

 

Manager

 

Werner Arts

Rathausstr. 67

47509 Rheurdt

authorized to jointly represent the company

born 09.08.1957

Occupation: Businessman

 

Manager:

Alexander Gnann

Mühlenstr. 25

47506 Neukirchen-Vluyn

authorized to jointly represent the company

born 22.04.1971

Occupation: Businessman

Marital status: unknown

 

 

Limited Partner

 

Werner Arts

Rathausstr. 67

47509 Rheurdt

born 09.08.1957

Share:             EUR             17.895,22

 

Limited Partner:

Orsen Hybrides

F La Boiffiere

Legal form: Other legal form

Share:             EUR             15.338,76

 

Limited Partner:

Alexander Gnann

Mühlenstr. 25

47506 Neukirchen-Vluyn

born 22.04.1971

Share:             EUR             12.782,30

 

Limited Partner:

Manfred Gnann

Mühlenstraße 23 a

47506 Neukirchen-Vluyn

Share:             EUR              5.112,92

 

 

Proxy

 

Carsten Manske

47051 Duisburg

authorized to jointly represent the company

born 28.06.1970

 

 

BUSINESS HISTORY

 

BUSINESS ACTIVITIES

 

46210

Wholesale of grain, unmanufactured tobacco, seeds and animal feeds

 

BRANCHES AND FACTORIES

 

Branch:

AGA Saat Handelsgesellschaft mbH

Rathausstr. 67

47509 Rheurdt

 

 

PARTICIPATION

 

Shareholder:

AGA SAAT Beteiligungs GmbH

Pascalstr. 11

47506 Neukirchen-Vluyn

Legal form: Private limited company

Share capital:     EUR             25.564,59

Share:             EUR             25.564,59

Reg. Data:  11.03.1999

            HRB 5784

            47533 KLEVE

 

 

FINANCIAL INFORMATION

 

Payment experience:  within agreed terms

 

REAL ESTATE

Type of ownership:   Tenant

Address              Pascalstr. 11

                     47506 Neukirchen-Vluyn

 

Private real estate

Name                 AGA SAAT Beteiligungs GmbH

Type of ownership:   Tenant

Address              Pascalstr. 11

                      47506 Neukirchen-Vluyn

 

Land register documents were not available.

 

 

BANKERS

 

SPARKASSE NEUKIRCHEN-VLUYN, NEUKIRCHEN-VLUYN

Sort. code: 35451460


FIGURES

 

Financial year:      01.01. - 31.12.

Turnover:            2006               EUR           4.355.000,00

                      2007               EUR          4.420.000,00

Total cap. contribution:                EUR             51.129,20

Equipment:                              EUR            125.000,00

Employees:                                                     11

- Salaried employees:                                           5

- Temporary workers:                                            6

 

Approximate figures are given.


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.49.25

UK Pound

1

Rs.80.36

Euro

1

Rs.62.84

 

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