MIRA INFORM REPORT

 

 

 

Report Date :

11.11.2008

 

IDENTIFICATION DETAILS

 

Name :

VERFAHRENSTECHNIK HÜBERS GMBH

 

 

Registered Office :

Schlavenhorst 39 46395 Bocholt

 

 

Country :

Germany

 

 

Year of Establishment :

1937

 

 

Com. Reg. No.:

HRB 7870

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Manufacture of Other General-Purpose Machinery

 

 

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 50.000,00.

 

 

Status :

Satisfactory

 

 

Payment Behaviour :

Regular

 

 

Litigation :

Clear

 


 

name & address

 

Verfahrenstechnik Hübers GmbH

Schlavenhorst 39

46395 Bocholt

Telephone: 02871/2810

Telefax:   02871/281147

Homepage:  www.huebers.de

E-Mail:    info@huebers.de

 

 

VAT no.           

 

DE124168232

 

 

CONCLUSION

 

 The maximum credit is EUR 50.000,00.

 Business relations are permissible.

 

 

LEGAL FORM          

 

Private limited company

 

 

Date of foundation

 

1937

 

 

Registered on

 

29.06.1981

 

 

Commercial Register

 

Local court 48653 COESFELD

 under:               HRB 7870

 

Share capital                         

 

EUR             51.129,19

Shareholder

 

Josef Aloys Heinrich Terhardt

Burloer Diek 19

46414 Rhede

born 27.02.1951

Share:             EUR             51.129,19

 

 

Manager

 

Josef Aloys Heinrich Terhardt

Burloer Diek 19

46414 Rhede

having sole power of representation

born 27.02.1951

Occupation: Engineer

Marital status: married

 

 

Further functions/participations of Josef Aloys Heinrich Terhardt (Manager)

 

Shareholder:

Windkraft Rhede GmbH

Burloer Diek 19

46414 Rhede

Legal form: Private limited company

Share capital:     EUR            700.000,00

Share:             EUR            100.000,00

Reg. Data:  22.10.2001

HRB 8978

48653 COESFELD

 

Manager:

Windkraft Rhede GmbH

Burloer Diek 19

46414 Rhede

Legal form: Private limited company

Share capital:     EUR            700.000,00

Reg. Data:  22.10.2001

HRB 8978

48653 COESFELD

 

Manager:

Windpark Rhede Betriebs- und

Abrechnungsgesellschaft mbH

Am Rötering 21

46414 Rhede

Legal form: Private limited company

Share capital:     EUR             26.000,00

Reg. Data:  11.06.2004

HRB 9259

48653 COESFELD

 

 

BUSINESS HISTORY

 

 29.06.1981           Verfahrenstechnik Hübers GmbH

                      Bernhard-Otte-Str. 1

                      46395 Bocholt

                      Private limited company

 12.09.2004           Verfahrenstechnik Hübers GmbH

                      Schlavenhorst 39

                      46395 Bocholt

                      Private limited company

 

 

BUSINESS ACTIVITIES

 

 28290

 Manufacture of other general-purpose machinery

 

 

FINANCIAL INFORMATION

 

Payment experience:  within agreed terms

 

 

REAL ESTATE

 

 Type of ownership:   proprietor

 Share:                100,00 %

 Address              Bernhard-Otte-Str. 1

                      46395 Bocholt

 Size:                    4.000,00 sq.m

 

 Type of ownership:   proprietor

 Share:                100,00 %

 Address              Schlavenhorst 39

                      46395 Bocholt

 

 Land register documents were not available.

 

 

BANKERS

 

 DEUTSCHE BANK, BOCHOLT

 Sort. code: 42870077

 STADTSPARKASSE BOCHOLT, BOCHOLT

 Sort. code: 42850035

 VOLKSBANK BOCHOLT, BOCHOLT

 Sort. code: 42860003

 SPARKASSE WESTMÜNSTERLAND, BOCHOLT

 Sort. code: 40154530

 

 

FIGURES

 

 Financial year:      01.01. - 31.12.

 Turnover:                      2006                 EUR         16.500.000,00

                                    2007                 EUR         16.750.000,00

 Share capital:                                       EUR             51.129,19

 Total number of vehicles:                                               12

 - Cars (owned):                                                             12

 Employees:                                                                  80

 

 Approximate figures are given.


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.48.79

UK Pound

1

Rs.75.41

Euro

1

Rs.61.48

 

 

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