MIRA INFORM REPORT

 

 

 

Report Date :

08.11.2008

 

IDENTIFICATION DETAILS

 

Name :

INOX SERVICE CENTER GMBH

 

 

Registered Office :

Düsseldorfer Str. 113 47809 Krefeld

 

 

Country :

Germany

 

 

Date of Incorporation :

25.09.2007

 

 

Com. Reg. No.:

HRB 11985

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Manufacture and Processing of Basic Metals

Manufacture of Metal Products

Wholesale of Iron Ores, Iron, Steel and Iron and Steel Semifinished Goods

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Unfavourable & favourable factors carry similar weight in credit consideration. Capability to overcome financial difficulties seems comparatively below average.

Small

 

Maximum Credit Limit :

EUR 10.000,00.

 

 

Status :

Small Company

 

 

Payment Behaviour :

Regular

 

 

Litigation :

Clear

 


 

name & address

 

INOX SERVICE CENTER GMBH

Düsseldorfer Str. 113

47809 Krefeld

Telephone: 02151/7154-0

Telefax:   02151/714678

Homepage:  www.inoxservicecenter.com

E-Mail:    kreeld@inoxservicecenter.com

 

 

CONCLUSION

 

 The maximum credit is EUR 10.000,00.

 Business relations are permissible.

 

 

LEGAL FORM          

 

Private limited company

 

 

Date of foundation

 

25.09.2007

 

 

Shareholders' agreement             

 

25.09.2007

 

 

Registered on      

 

05.06.2008

 

 

Commercial Register

 

Local court 47798 KREFELD

under:               HRB 11985

 


 

Share capital                         

 

EUR             25.000,00

 

 

Shareholder

 

SINO Investment Global Ltd.

Palm Grove House

Road Town

Post Box: 438

VGB - Tortola

Legal form: Other legal form

Share:             EUR             25.000,00

 

 

Manager

 

Thomas Cramer

40667 Meerbusch

having sole power of representation

born 10.03.1967

 

 

Proxy

 

Alfred Pommerenke

Rotkleeweg 18/3

71665 Vaihingen

authorized to jointly represent the company

born 22.05.1965

Occupation: master in metal construction

Marital status: married

 

Proxy:

Stefan Leppelt

Oberbruchstr. 72

47807 Krefeld

authorized to jointly represent the company

born 06.02.1968

Occupation: Industrial manager

 

Proxy:

Monika Theloy

47877 Willich

authorized to jointly represent the company

born 23.07.1958

 

 

 

BUSINESS HISTORY

 

 11.12.2007           Kronen tausend243 GmbH

                      Königsallee 102

                      40215 Düsseldorf

                      Private limited company

 30.04.2008           INOX SERVICE CENTER GMBH

                      Schwannstr. 6

                      40476 Düsseldorf

                      Private limited company

 05.06.2008           INOX SERVICE CENTER

                      Düsseldorfer Str. 113

                      47809 Krefeld

                      Private limited company

 

 

BUSINESS ACTIVITIES

 

 24

 Manufacture and processing of basic metals

 25993

 Manufacture of metal products n.e.c.

 46721

 Wholesale of iron ores, iron, steel and iron and steel semi-

 finished goods

 

 

BRANCHES AND FACTORIES

 

 Branch:

                      INOX SERVICE CENTER GMBH Niederlassung

                      Stuttgart

                      Max-Eyth-Str. 5

                      75428 Illingen

 Branch:

                      INOX SERVICE CENTER GMBH - Zentrallager

                      Krefeld -

                      Hafenstr. 80

                      47809 Krefeld

 Branch:

                      INOX SERVICE CENTER GMBH - Niederlassung

                      München -

                      Neumarkter Str. 75

                      81673 München

 

 

FINANCIAL INFORMATION

 

Payment experience:  within agreed terms

 

 

 REAL ESTATE

 

 Type of ownership:   Tenant

 Address              Düsseldorfer Str. 113

                            47809 Krefeld

 

 Land register documents were not available.

 

 

BANKERS

 

 SPARKASSE KREFELD, KREFELD

 Sort. code: 32050000

 

 

FIGURES

 

 Financial year:      11.12. - 31.12.

 Share capital:                          EUR             25.000,00

 Employees:                                                     11

 

 

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.47.76

UK Pound

1

Rs.74.87

Euro

1

Rs.60.81

 

 

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