MIRA INFORM REPORT

 

 

 

Report Date :

30.09.2008

 

IDENTIFICATION DETAILS

 

Name :

HENRY LAMOTTE OILS GMBH

 

 

Registered Office :

Merkurstr. 47, 28197 Bremen, Post Box:  10 38 49

 

 

Country :

Germany

 

 

Date of Incorporation :

1925

 

 

Com. Reg. No.:

HRB 14591 HB

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Wholesale of Food

 

 

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 of the company

 

Henry Lamotte Oils GmbH

Merkurstr. 47

28197 Bremen

Post Box:  10 38 49

Telephone: 0421/5239-460

Telefax:   0421/5239-199

Homepage:  www.lamotte-oils.de

E-Mail:    info@lamotte-oils.de

 

 

 

VAT no.         

DE114576398

 

 

Tax ID number   

 

71 576 03536

 

 

CONCLUSION

 

 The maximum credit is EUR 250.000,00.

 Business relations are permissible.

 

 

LEGAL FORM           

 

Private limited company

 

 

Date of foundation

 

1925

 

 

Shareholders' agreement               

 

03.12.1992

 

 

Registered on      

 

22.12.1992

Commercial Register

 

Local court 28195 BREMEN

under:               HRB 14591 HB

 

 

Share capital                        

 

EUR          4.500.000,00

 

 

Shareholder

 

Otto Lamotte

Braut-Eichen 25 b

28757 Bremen

born 09.06.1951

Share:             EUR          2.250.000,00

 

Shareholder:

Henry Lamotte

Ferdinand-Dreier-Weg 2a

28717 Bremen

born 25.10.1955

Share:             EUR          2.250.000,00

 

 

Manager

 

Otto Lamotte

Braut-Eichen 25 b

28757 Bremen

born 09.06.1951

Occupation: Fully qualified merchant

Marital status: married

 

Manager:

Lutz Bittner

28816 Stuhr

born 17.06.1954

 


 

Further functions/participations of Otto Lamotte (Manager)

 

General Partner:

Lamotte oHG

Merkurstr. 47

28197 Bremen

Legal form: General Partnership

Reg. Data:  19.12.2002

HRA 22914 HB

28195 BREMEN

Employees:                                 2

 

Shareholder:

Henry Lamotte Food GmbH

Merkurstr. 47

28197 Bremen

Legal form: Private limited company

Share capital:     EUR          2.500.000,00

Share:             EUR          1.250.000,00

Reg. Data:  29.09.2006

HRB 23830

28195 BREMEN

Turnover:          EUR         58.299.828,00

Employees:                                47

 

Shareholder:

Henry Lamotte Oils Verwaltungs-GmbH

Merkurstr. 47

Post Box: 10 38 49

28197 Bremen

Legal form: Private limited company

Share capital:     EUR             25.000,00

Share:             EUR             12.500,00

Reg. Data:  26.05.2006

HRB 23608

28195 BREMEN

 

Manager:

Henry Lamotte Food Verwaltungs-GmbH

Contrescarpe 47/48

28195 Bremen

Legal form: Private limited company

Share capital:     EUR             25.000,00

Reg. Data:  23.05.2006

HRB 23594

28195 BREMEN

 

Manager:

Henry Lamotte Oils Verwaltungs-GmbH

Merkurstr. 47

Post Box: 10 38 49

28197 Bremen

Legal form: Private limited company

Share capital:     EUR             25.000,00

Reg. Data:  26.05.2006

HRB 23608

28195 BREMEN

 

Manager:

Oleum Produktions- und Handels GmbH

Schleusenrampe 8

27570 Bremerhaven

Legal form: Private limited company

Share capital:     EUR            100.000,00

Reg. Data:  22.06.1992

HRB 2454

27580 BREMERHAVEN

 

Manager:

Lipos GmbH

Merkurstr. 47

Post Box: 10 38 49

28197 Bremen

Legal form: Private limited company

Share capital:     EUR            100.000,00

Reg. Data:  06.08.2002

HRB 20999

28195 BREMEN

 

Manager:

Henry Lamotte Services Verwaltungs-GmbH

Merkurstr. 47

28197 Bremen

Legal form: Private limited company

Share capital:     EUR             25.000,00

Reg. Data:  15.12.2006

HRB 23982

28195 BREMEN

 

 

BUSINESS HISTORY

22.12.1992           Henry Lamotte GmbH

Auf dem Dreieck 3

28197 Bremen

Private limited company

09.08.1999           Henry Lamotte GmbH

Merkurstr. 47

28197 Bremen

Private limited company


 

 

BUSINESS ACTIVITIES

 

 46389

 Wholesale of food n.e.c.

 

 

PARTICIPATION

 

 Shareholder:

                      Oleum Produktions- und Handels GmbH

                      Schleusenrampe 8

                      27570 Bremerhaven

                      Legal form: Private limited company

                      Share capital:     EUR            100.000,00

                      Share:             EUR            100.000,00

                      Reg. Data:  22.06.1992

                                  HRB 2454

                                  27580 BREMERHAVEN

                      Employees:                                 5

 Shareholder:

                      Lipos GmbH

                      Merkurstr. 47

                      Post Box: 10 38 49

                      28197 Bremen

                      Legal form: Private limited company

                      Share capital:     EUR            100.000,00

                      Share:             EUR            100.000,00

                      Reg. Data:  06.08.2002

                                  HRB 20999

                                  28195 BREMEN

 Shareholder:

                      Bremer Tran- und Oelhandel GmbH

                      Merkurstr. 47

                      28197 Bremen

                      Legal form: Private limited company

                      Share capital:     EUR             54.000,00

                      Share:             EUR             54.000,00

                      Reg. Data:  18.01.1994

                                  HRB 15241 HB

                                  28195 BREMEN

 

 

FINANCIAL INFORMATION

 

Payment experience:  within agreed terms


 

 

REAL ESTATE

 

Type of ownership:   Tenant

 Address              Merkurstr. 47

                      28197 Bremen

 

 Land register documents were not available.

 

 

BANKERS

 

 SPARKASSE BREMEN, BREMEN

 Sort. code: 29050101

 DEUTSCHE BANK, BREMEN

 Sort. code: 29070050

 

 

FIGURES

 

 Financial year:      01.01. - 31.12.

 Turnover:                      2006                 EUR         51.127.553,00

                                    2007                 EUR         52.666.704,00

 Expected turnover:        2008                 EUR         55.000.000,00

 Share capital:                                       EUR          4.500.000,00

 Value of stocks:                                                EUR          8.585.439,00

 Equipment:                                           EUR            700.845,00

 Ac/ts receivable:                                               EUR          5.816.594,00

 Liabilities:                                             EUR          2.057.129,00

 Employees:                                                                  110

 - Salaried employees:                                                    80

 - Workers:                                                                    20

 - Part-time employees:                                                  10

 

 Approximate figures are given.

 

 

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.46.94

UK Pound

1

Rs.85.57

Euro

1

Rs.67.79

 

 

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