MIRA INFORM REPORT

 

 

 

Report Date :

26.11.2008

 

IDENTIFICATION DETAILS

 

Name :

ORBIMATIC GMBH

 

 

Registered Office :

Technik Floberweg 1735418 Buseck

 

 

Country :

Germany

 

 

Date of Incorporation :

02.07.1990

 

 

Com. Reg. No.:

HRB 1824

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Manufacture of Machines for Non-Specified use

 

 

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 55.500,00.

 

 

Status :

Small Company

 

 

Payment Behaviour :

No Complaints

 

 

Litigation :

Clear

 

 


name & address

 

ORBIMATIC GmbH Orbital- und Sonderschweiß-

technik

Flößerweg 17

35418 Buseck

Telephone: 06408/90260

Telefax:   06408/902650

Homepage:  www.orbimatic.de

E-Mail:    orbimatic@t-online.de

 

 

CONCLUSION

 

The maximum credit is EUR 55.500,00.

Business relations are permissible.

 

 

LEGAL FORM

 

Private limited company

 

 

Date of foundation

 

1990

 

 

Registered on

 

02.07.1990

 

 

Commercial Register

 

Local court 35390 GIESSEN

under:               HRB 1824

 

 

Share capital

 

EUR             25.564,60


 

 

Shareholder

 

Hubert Dotzauer

Kirchstr. 26

35614 Aßlar

born 11.11.1952

Share:             EUR             12.782,30

 

 

Shareholder

 

Roland Fruth

Steinwiesenweg

35287 Amöneburg

born 27.02.1956

Share:             EUR             12.782,30

 

 

Manager

 

Hubert Dotzauer

Kirchstr. 26

35614 Aßlar

born 11.11.1952

 

 

Manager

 

Roland Fruth

Steinwiesenweg

35287 Amöneburg

born 27.02.1956

Occupation: graduate engineer

 

Further functions/participations of Hubert Dotzauer (Manager)

 

Limited Partner:

HSG Wetzlar Handball- Bundesliga

Spielbetriebs GmbH & Co. KG

Münchholzhäuser Str. 1

35582 Wetzlar

Legal form: Ltd partnership with priv. ltd.

Company as General partner

Total cap. contribution: EUR       67.500,00

Share:             EUR              5.000,00

Reg. Data:  21.08.2001

HRA 4006

35578 WETZLAR

 

 

BUSINESS ACTIVITIES

 

29240

MANUFACTURE OF MACHINES FOR NON-SPECIFIED USE N.E.C.

 

 

FINANCIAL INFORMATION

 

Solvency rating:      2,3

Payment experience:  without complaints

 

 

REAL ESTATE

 

Type of ownership:   Tenant

Address              Flößerweg 17

35418 Buseck

Rent:                                   EUR             65.000,00

 

Land register documents were not available.

 

 

BANKERS

 

SPARKASSE WETZLAR, WETZLAR

Sort. code: 51550035

 

 

FIGURES

 

Financial year:      01.01. - 31.12.

Turnover:            2007               EUR          3.255.000,00

Share capital:                            EUR             25.564,60

Value of stocks:                        EUR            500.000,00

Equipment:                                EUR            400.000,00

Total number of vehicles:                                       5

- Cars (owned):                                                   5

Employees:                                                       21

 

Approximate figures are given.


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.49.97

UK Pound

1

Rs.75.45

Euro

1

Rs.64.21

 

 

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