MIRA INFORM REPORT

 

 

Report Date :

28.11.2008

 

IDENTIFICATION DETAILS

 

Name :

DSB SÄUREBAU GMBH

 

 

Registered Office :

Bachstr. 38 53639 Königswinter

 

 

Country :

Germany

 

 

Date of Incorporation :

05.04.1967

 

 

Com. Reg. No.:

HRB 6781

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Manufacture of Basic Chemicals, Fertilizers and Nitrogen Compounds, Plasticsand Synthetic Rubber in Primary Forms

Construction of Chimneys, Furnaces and Industrial Furnaces

 

 

RATING & COMMENTS

 

MIRA’s Rating :

A

 

RATING

STATUS

PROPOSED CREDIT LINE

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

 

Maximum Credit Limit :

EUR 250.000,00.

 

 

Status :

Good

 

 

Payment Behaviour :

Regular

 

 

Litigation :

Clear

 


name & address

 

DSB Säurebau GmbH

Bachstr. 38

53639 Königswinter

Telephone: 02223/9280

Telefax:   02223/928461

Homepage:  www.didiersb.de

 

 

CONCLUSION

 

 The maximum credit is EUR 250.000,00.

 Business relations are permissible.

 

 

LEGAL FORM          

 

Private limited company

 

 

Date of foundation

 

05.04.1967

 

 

Shareholders' agreement             

 

05.04.1967

 

 

Registered on      

 

10.03.1992

 

 

Commercial Register

 

Local court 53721 SIEGBURG

 under:               HRB 6781

 

 

Share capital                         

 

EUR          2.556.459,41


Shareholder

 

Steuler-Industriewerke Gesellschaft mit

beschränkter Haftung

Georg-Steuler-Str. 39

Post Box: 14 48

56203 Höhr-Grenzhausen

Legal form: Private limited company

Share capital:     EUR          9.000.000,00

Share:             EUR          2.556.459,41

Reg. Data:  10.02.1982

HRB 2525

56410 MONTABAUR

Employees:                               220

 

 

Manager

 

Ulrich Körner

56203 Höhr-Grenzhausen

having sole power of representation

born 21.07.1954

 

Manager:

Peter Scharfenstein

Bachstr. 38 Geschäftsanschrift

53639 Königswinter

having sole power of representation

born 09.10.1959

Occupation: Industrial scientist

Marital status: unknown

 

 

Proxy

 

Jean Baudouin Locht

Alter Garten 14

53773 Hennef

authorized to jointly represent the company

born 1936

Occupation: graduate engineer

Marital status: married

 

Proxy:

Johann (Hans) Dekreon

53572 Unkel

authorized to jointly represent the company

born 12.10.1949

 


Proxy:

Karl Horst Feldheiser

Bachstr. 38 Geschäftsanschrift

53639 Königswinter

authorized to jointly represent the company

born 07.06.1962

Occupation: Businessman

Marital status: unknown

 

 

Further functions/participations of Ulrich Körner (Manager)

 

Manager:

CRS Chemieschutz Gesellschaft mit

beschränkter Haftung

Bachstr. 38

53639 Königswinter

Legal form: Private limited company

Share capital:     EUR            100.000,00

Reg. Data:  09.11.2007

HRB 9903

53721 SIEGBURG

 

Manager:

DSB Säurebau Leuna GmbH

Am Haupttor 2610

06237 Leuna

Legal form: Private limited company

Share capital:     EUR            200.000,00

Reg. Data:  03.12.2007

HRB 7112

39576 STENDAL

 

Proxy:

Steuler Industrieller Korrosionsschutz

Gesellschaft mit beschränkter Haftung

Georg-Steuler-Str. 1

56203 Höhr-Grenzhausen

Legal form: Private limited company

Share capital:     EUR          2.000.000,00

Reg. Data:  09.12.2004

HRB 7594

56410 MONTABAUR

 

Proxy:

Steuler-Industriewerke Gesellschaft mit

beschränkter Haftung

Georg-Steuler-Str. 39

Post Box: 14 48

56203 Höhr-Grenzhausen

Legal form: Private limited company

Share capital:     EUR          9.000.000,00

Reg. Data:  10.02.1982

HRB 2525

56410 MONTABAUR

 

Proxy:

Steuler-Fliesen GmbH

Georg-Steuler-Str. 39

56203 Höhr-Grenzhausen

Legal form: Private limited company

Share capital:     EUR          6.000.000,00

Reg. Data:  20.12.1983

HRB 2778

56410 MONTABAUR

 

Proxy:

Steuler Anlagenbau GmbH & Co. KG

Georg-Steuler-Str. 39

56203 Höhr-Grenzhausen

Legal form: Ltd partnership with priv. ltd.

Company as General partner

Total cap. contribution: EUR    2.045.167,52

Reg. Data:  10.02.1999

HRA 3895

56410 MONTABAUR

 

Proxy:

Steuler International GmbH

Georg-Steuler-Str. 39

56203 Höhr-Grenzhausen

Legal form: Private limited company

Share capital:     EUR             25.000,00

Reg. Data:  06.11.2001

HRB 6840

56410 MONTABAUR

 

Proxy:

Steuler Verwaltungsgesell- schaft mit

beschränkter Haftung

56203 Höhr-Grenzhausen

Legal form: Private limited company

Share capital:     EUR             25.564,59

Reg. Data:  22.01.1999

HRB 6005

56410 MONTABAUR

 

 

BUSINESS HISTORY

 

05.04.1967           Didier Säurebau GmbH

Bachstr. 38

53639 Königswinter

Private limited company

30.04.2001           DSB Säurebau GmbH

Bachstr. 38

53639 Königswinter

Private limited company

 

 

BUSINESS ACTIVITIES

 

201

Manufacture of basic chemicals, fertilizers and nitrogen

compounds, plasticsand synthetic rubber in primary forms

43992

Construction of chimneys, furnaces and industrial furnaces

 

 

BRANCHES AND FACTORIES

 

Branch:

                      Didier Säurebau GmbH Zweigniederlassung

                      Taucha

                      Zschortauer Str. 76

                      04129 Leipzig

                      Comm. reg. listing: 10.02.1995

 Branch:

                      Didier Saeurebau GmbH

                      Alter Gardinger Deich 17 OT

                      Kirchspiel

                      25836 Garding, Kirchspiel

 Branch:

                      Didier Säurebau GmbH Niederlassung Berlin

                      Kopenhagener Str. 70-74

                      13407 Berlin

 

 

PARTICIPATION

 

 Shareholder:

                      DSB Säurebau Leuna GmbH

                      Am Haupttor 2610

                      06237 Leuna

                      Legal form: Private limited company

                      Share capital:     EUR            200.000,00

                      Share:                EUR            200.000,00

                      Reg. Data:  03.12.2007

                                  HRB 7112

                                  39576 STENDAL

                      Employees:  35

 

Shareholder:

                      CRS Chemieschutz Gesellschaft mit

                      beschränkter Haftung

                      Bachstr. 38

                      53639 Königswinter

                      Legal form: Private limited company

                      Share capital:     EUR            100.000,00

                      Share:                EUR            100.000,00

                      Reg. Data:  09.11.2007

                                  HRB 9903

                                  53721 SIEGBURG

 

 

FINANCIAL INFORMATION

 

Payment experience:  within agreed terms

 

 

REAL ESTATE

 

Type of ownership:   proprietor

 Share:                100,00 %

 Address              Bachstr. 38

                      53639 Königswinter

 Value at selling price:                 EUR          2.500.000,00

 

 Land register documents were not available.

 

 

BANKERS

 

 DRESDNER BANK, KOBLENZ AM RHEIN

 Sort. code: 57080070

 LRP LANDESBANK RHEINLAND-PFALZ -GIROZENTRALE-, KOBLENZ AM RHEIN

 Sort. code: 55050000

 

 

FIGURES

 

 Financial year:      01.01. - 31.12.

 Turnover:                      2006                 EUR         19.000.000,00

                                    2007                 EUR         21.000.000,00

 Expected turnover:        2008                 EUR         22.500.000,00

 Share capital:                                       EUR          2.556.459,41

 Real estate of the firm:                         EUR          2.500.000,00

 Employees:                                                                  140

 

 Approximate figures are given.

 

 

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.49.84

UK Pound

1

Rs.76.81

Euro

1

Rs.64.38

 

 

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