MIRA INFORM REPORT

 

 

Report Date :

24.11.2008

 

 

IDENTIFICATION DETAILS

 

Name :

EMIG GMBH & CO. KG

 

 

Registered Office :

Halstenbeker Weg 98 25462 Rellingen

 

 

Country :

Germany

 

 

Date of Incorporation :

1968

 

 

Com. Reg. No.:

HRA 4356 PI

 

 

Legal Form :

Limited Partnership with Private Limited Company as General Partner

 

 

Line of Business :

Manufacture of Soft Drinks; Production of Mineral Waters and other Bottled Waters

Wholesale of Beverages

 

 

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 250.000,00

 

 

Status :

Satisfactory

 

 

Payment Behaviour :

Regular

 

 

Litigation :

Clear

 

name & address

 

EMIG GmbH & Co. KG

Halstenbeker Weg 98

25462 Rellingen

Telephone: 04101/496-0

Telefax:   04101/496-167

Homepage:  www.emig.de

E-Mail:    info@emig.de

 

 

VAT no.            

 

DE813221050

 

 

CONCLUSION

 

The maximum credit is EUR 250.000,00.Business relations are permissible.

 

 

LEGAL FORM         

 

Ltd partnership with priv. ltd. Company as General partner

 

 

Date of foundation

 

1968

 

 

Begin of Business activities

 

1968

 

 

Registered on

 

05.03.2002

 

 

Register of companies   

 

Local court 25421 PINNEBERG

under:               HRA 4356 PI

Total cap. contribution

 

EUR          1.000.000,00

 

 

General Partner

 

Verwaltungsgesellschaft EMIG mbH

Halstenbeker Weg 98

25462 Rellingen

Legal form: Private limited company

Share capital:     EUR             25.000,00

Reg. Data:  25.02.2002

HRB 5433 PI

25421 PINNEBERG

 

 

Manager

 

Dr. Werner Schmidt

22765 Hamburg

authorized to jointly represent the company

born 23.02.1952

Marital status: unknown

 

Manager:

Emil Hartmann

22765 Hamburg

authorized to jointly represent the company

born 31.12.1950

Marital status: unknown

 

Manager:

Selina Stihl

20095 Hamburg

authorized to jointly represent the company

born 05.08.1977

 

 

Proxy

 

Knud Hinrichsen

21279 Wenzendorf

authorized to jointly represent the company

born 02.05.1966

 

Proxy:

Thomas Himmelsbach

68159 Mannheim

authorized to jointly represent the company

born 12.09.1954

 

Proxy:

Rainer Fauth

55291 Saulheim

authorized to jointly represent the company

born 07.05.1959

 

Proxy:

Henning Engelhardt

20095 Hamburg

authorized to jointly represent the company

born 04.09.1950

 

 

Limited Partner

 

Gerber Foods Holdings Ltd.

GB London

Legal form: Other legal form

Share:             EUR          1.000.000,00

 

 

BUSINESS HISTORY

 

 Beginning of business activities:1968

 25.10.2000           Produktions- und Vertriebsgesellschaft

                      Erpel mbH & Co. KG

                      Holstenstr. 224

                      22765 Hamburg

                      Ltd partnership with priv. ltd. Company as

                      General partner

 27.11.2000           Produktions- und Vertriebsgesellschaft

                      Erpel mbH & Co. KG

                      Holstenstr. 224

                      22765 Hamburg

                      Ltd partnership with priv. ltd. Company as

                      General partner

 16.07.2001           EMIG GmbH & Co. KG

                      Holstenstr. 224

                      22765 Hamburg

                      Ltd partnership with priv. ltd. Company as

                      General partner

 11.10.2001           EMIG GmbH & Co. KG

                      Holstenstr. 224

                      22765 Hamburg

                      Ltd partnership with priv. ltd. Company as

                      General partner


 

BUSINESS ACTIVITIES

 

 11070

 Manufacture of soft drinks; production of mineral waters and other bottled waters

 4634

 Wholesale of beverages

 

 

BRANCHES AND FACTORIES

 

 Branch:

                      Emig GmbH & Co. KG

                      Neidensteiner Str. 51

                      74915 Waibstadt

 Branch:

                      EMIG GmbH & Co.KG

                      Das Neue Land 5

                      39359 Calvörde

 

 

PARTICIPATION

 

Shareholder:

Entsorgungsgesellschaft mbH Neues Land

Im Grund 10

39345 Flechtingen

Legal form: Private limited company

Share capital:     EUR            255.700,00

Share:                EUR            102.300,00

Reg. Data:  14.11.1994

HRB 107950

39576 STENDAL

 

 

FINANCIAL INFORMATION

 

Payment experience:  cash discount/within agreed terms

Trend of business:   positive

Order position:         good

Earning position:      good

Market position:       significant

 


 

REAL ESTATE

 

Type of ownership:   proprietor

 Share:                100,00 %

 Address              Halstenbeker Weg 98

                      25462 Rellingen

 

 Private real estate

 Name                 Verwaltungsgesellschaft EMIG mbH

 Type of ownership:   Tenant

 Address              Halstenbeker Weg 98

                      25462 Rellingen

 

 Land register documents were not available.

 

 

BANKERS

 

 DEUTSCHE BANK, HAMBURG

 Sort. code: 20070000

 COMMERZBANK, HAMBURG

 Sort. code: 20040000

 

 

FIGURES

 

 Financial year:      01.01. - 31.12.

 Turnover:            2006                 EUR        166.075.000,00

                             2007                EUR        166.075.000,00

 Total cap. contribution:                EUR          1.000.000,00

 Equipment:                                  EUR         50.000.000,00

 Employees:                                                    650

 

 Approximate figures are given.


name & address

 

Emig GmbH & Co. KG

Neidensteiner Str. 51

74915 Waibstadt

Telephone: 07263/4070

Telefax:   07263/40720

 

 

LEGAL FORM         

 

Legally dependent establishment

 

 

REAL ESTATE

 

 Type of ownership:   proprietor

 Share:                100,00 %

 Address              Neidensteiner Str. 51

                            74915 Waibstadt

 

 Land register documents were not available.

 

 

FIGURES

 

 Financial year:      01.01. - 31.12.

 Employees:           300

 

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.50.09

UK Pound

1

Rs.74.90

Euro

1

Rs.63.40

 

 

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