MIRA
INFORM REPORT
|
Report Date : |
02.10.2008 |
IDENTIFICATION
DETAILS
|
Name : |
CHOKSI GMBH & CO. KG |
|
|
|
|
Registered Office : |
Feldstr. 21a 55743 Idar-Oberstein |
|
|
|
|
Country : |
Germany |
|
|
|
|
Date of Incorporation : |
06.07.1988 |
|
|
|
|
Com. Reg. No.: |
HRA 11507 |
|
|
|
|
Legal Form : |
Limited Partnership with Private
Limited Company as General
Partner |
|
|
|
|
Line of Business : |
Wholesale
of Clocks and Watches and Jewelry |
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
11.500,00. |
|
|
|
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Regular |
|
|
|
|
Litigation : |
Clear |
name & address
Choksi GmbH & Co. KG
Feldstr. 21a
55743 Idar-Oberstein
Telephone: 06781/9466-0
Telefax: 06781/9466-66
Homepage:
www.choksidiamonds.com
E-Mail: choksi@t-online.de
VAT no.
DE148288289
CONCLUSION
The maximum credit is EUR
11.500,00.
Business relations are
permissible.
LEGAL FORM
Ltd partnership with priv. ltd. Company as General partner
Date of foundation
06.07.1988
Registered on
06.07.1988
Register of companies
Local court 55543 BAD KREUZNACH
under: HRA
11507
Total cap. contribution
EUR 40.000,00
General Partner
Choksi Beteiligungs-GmbH
Feldstr. 21a
55743 Idar-Oberstein
Legal form: Private limited company
Share capital: EUR 25.000,00
Reg. Data: 06.12.2001
HRB 11171
55543 BAD KREUZNACH
Shareholder
Bipin Choksi
Mozartstr.9
55743 Idar-Oberstein
born 02.09.1941
Share: EUR 12.500,00
Shareholder:
Ashish Anit Choksi
Mozartstr. 9
55743 Idar-Oberstein
born 10.08.1967
Share: EUR 12.500,00
Manager
Bipin Choksi
Mozartstr.9
55743 Idar-Oberstein
having sole power of representation
born 02.09.1941
Nation.: Indian
Marital status: married
Children: 1
Manager:
Ashish Anit Choksi
Mozartstr. 9
55743 Idar-Oberstein
having sole power of representation
born 10.08.1967
Nation.: Indian
Marital status: married
Limited Partner
Bipin Choksi
Mozartstr.9
55743 Idar-Oberstein
born 02.09.1941
Share: EUR 20.000,00
Limited Partner:
Ashish Anit Choksi
Mozartstr. 9
55743 Idar-Oberstein
born 10.08.1967
Share: EUR 20.000,00
BUSINESS HISTORY
06.07.1988 Choksi oHG
Kobachstr. 13
55743
Idar-Oberstein
General Partnership
29.08.2001 Choksi oHG
Feldstr. 21 A
55743
Idar-Oberstein
General Partnership
19.02.2002 Choksi GmbH & Co. KG
Feldstr. 21a
55743
Idar-Oberstein
Ltd
partnership with priv. ltd. Company as
General partner
BUSINESS ACTIVITIES
46480
Wholesale of clocks and watches and jewelry
FINANCIAL INFORMATION
Payment experience: within
agreed terms
REAL ESTATE
Type of ownership: Tenant
Address Feldstr. 21a
55743 Idar-Oberstein
Land register documents
were not available.
BANKERS
COMMERZBANK, IDAR-OBERSTEIN
Sort. code: 56240050
FIGURES
Financial year: 01.01. - 31.12.
Turnover: 2007 EUR 680.000,00
Total cap.
contribution: EUR 40.000,00
Equipment: EUR 60.000,00
Total number of
vehicles:
2
Employees:
3
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%)