MIRA INFORM REPORT

 

 

 

Report Date :

03.10.2008

 

IDENTIFICATION DETAILS

 

Name :

BOHLER SCHWEISSTECHNIK DEUTSCHLAND GMBH

 

 

Registered Office :

Unionstr. 1 59067 Hamm

 

 

Country :

Germany

 

 

Date of Incorporation :

1996

 

 

Com. Reg. No.:

HRB 2136

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Locksmithery and Welding

 

 

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

 

Status :

Satisfactory

 

 

Payment Behaviour :

Regular

 

 

Litigation :

Clear

 

 

 

name & address

 

Böhler Schweisstechnik Deutschland GmbH

Unionstr. 1

59067 Hamm

Telephone: 02381/27101

Telefax:   02381/271522

Homepage:  www.boehler-thyssen.com

E-Mail:    info@boehler-thyssen.com

 

 

SOLVENCY RATING

 

1,3

 

 

CONCLUSION

 

 Business relations are permissible.

 

 The company is considered solvent for credits within its scope of business.

 

 

LEGAL FORM          

 

Private limited company

 

 

Date of foundation

 

1996

 

 

Begin of Business activities

 

1996

 

 

Shareholders' agreement             

 

16.09.1996

 

 

Registered on      

 

02.10.1996

 

 

Commercial Register

 

Local court 59065 HAMM

under:               HRB 2136

 

 

 

Share capital                 

 

EUR         14.000.000,00

 

 

Shareholder

 

Böhler Welding Holding GmbH

Böhler Str. 1

40667 Meerbusch

Legal form: Private limited company

Share capital:     EUR         21.000.000,00

Share:             EUR         14.000.000,00

Reg. Data:  18.05.2005

HRB 13393

41460 NEUSS

Profit transfer agreement

 

 

Manager

 

Dr. rer. nat. Elmar Stracke

48317 Drensteinfurt

authorized to jointly represent the company

born 21.06.1946

Occupation: Businessman

 

Manager:

Dr. Mathias Hallmann

76327 Pfinztal

authorized to jointly represent the company

born 17.07.1962

Marital status: married

 

 

Proxy

 

Udo Krug

Uhrbrookring 40 b

21502 Geesthacht

authorized to jointly represent the company

born 14.03.1954

Marital status: married

 

 

Proxy:

Heinz-Hubert Rütten

41460 Neuss

authorized to jointly represent the company

born 30.04.1949

 

Proxy:

Johannes Lambertus Petrus Hilkes

48317 Drensteinfurt

authorized to jointly represent the company

born 02.07.1957

 

Proxy:

Hellmuth Stolz

40667 Meerbusch

authorized to jointly represent the company

born 02.08.1945

 

Proxy:

Rolf-Dieter Herzberg

59065 Hamm

authorized to jointly represent the company

 

Proxy:

Wolfgang Lisken

Albert-Einstein-Str. 59

59069 Hamm

authorized to jointly represent the company

born 17.05.1957

Occupation: Businessman

Marital status: married

 

Proxy:

Norbert Kallenbach

Dambergskamp 44

59071 Hamm

authorized to jointly represent the company

born 19.04.1963

 

Proxy:

Franz Stapel

47877 Willich

authorized to jointly represent the company

born 26.09.1956

 

Proxy:

Michael Semar

21502 Geesthacht

authorized to jointly represent the company

born 22.10.1953

 

 

Further functions/participations of Elmar Stracke (Manager)

 

Manager:

Böhler Thyssen Schweißtechnik GmbH

Wilhelmstr. 2

59067 Hamm

Legal form: Private limited company

dissolved by official decree

Share capital:     EUR             25.564,59

Reg. Data:  25.09.1995

HRB 2021

59065 HAMM

 

 

BUSINESS HISTORY

 

Beginning of business activities:1996

 1996                 Thyssen Schweißtechnik Deutschland GmbH

                      Wilhelmstr. 2

                      59067 Hamm

                      Private limited company

 2002                 Thyssen Schweißtechnik Deutschland GmbH

                      Unionstr. 1

                      59067 Hamm

                      Private limited company

 2003                 Böhler Thyssen Schweißtechnik Deutschland

                      GmbH

                      Unionstr. 1

                      59067 Hamm

                      Private limited company

 2007                 Böhler Schweisstechnik Deutschland GmbH

                      Unionstr. 1

                      59067 Hamm

                      Private limited company

 

 

 

BUSINESS ACTIVITIES

 

28521

 LOCKSMITHERY AND WELDING

 

BRANCHES AND FACTORIES

 

 Works:

                      Böhler Schweisstechnik Deutschland GmbH

                      Hansaallee 321

                      40549 Düsseldorf

 

 

FINANCIAL INFORMATION

 

Payment experience:  cash discount/within agreed terms

 

 

REAL ESTATE

 

Type of ownership:   Tenant

 Address              Unionstr. 1

                      59067 Hamm

Land register documents were not available.

 

 

BANKERS

 

 DEUTSCHE BANK, HAMM, WESTF

 Sort. code: 41070049

 COMMERZBANK, HAMM, WESTF

 Sort. code: 41040018

 

 

FIGURES

 

Financial year:      01.01. - 31.12.

 Turnover:                      2007                 EUR        437.762.000,00

 Profit:                           2007                 EUR         26.631.000,00

 Share capital:                                       EUR         14.000.000,00

 Total number of vehicles:                                               15

 - Lorries (owned):                                                          10

 - Cars (owned):                                                                         5

 Employees:                                                              1.738

 Profit transfer agreement with:

                      Böhler Welding Holding GmbH

                      40667 Meerbusch

 Approximate figures are given.

 

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.46.96

UK Pound

1

Rs.83.91

Euro

1

Rs.66.36

 

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