MIRA INFORM REPORT

 

 

 

Report Date :

07.10.2008

 

IDENTIFICATION DETAILS

 

Name :

ALBERT GREIFENBERG GMBH & CO. KG

 

 

Registered Office :

Gottwaldstr. 17 45525 Hattingen

 

 

Country :

Germany

 

 

Date of Incorporation :

1952

 

 

Com. Reg. No.:

HRA 7461

 

 

Legal Form :

Limited Partnership with Private Limited Company as General Partner

 

 

Line of Business :

Forging, Pressing, Stamping and Roll-Forming of Metal; Powder Metallurgy

 

 

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 150.000,00.

 

 

Status :

Good

 

 

Payment Behaviour :

Regular

 

 

Litigation :

Clear

 


 

 

name & address

 

Albert Greifenberg GmbH & Co. KG

Gottwaldstr. 17

45525 Hattingen

Telephone: 02324/50080

Telefax:   02324/24757

Homepage:  www.albert-greifenberg.de

E-Mail:    info@albert-greifenberg.de

 

 

VAT no.          

 

 DE191370699

 

 

CONCLUSION

 

The maximum credit is EUR 150.000,00.

 Business relations are permissible.

 

 

LEGAL FORM          

 

Ltd partnership with priv. ltd. Company as General partner

 

 

Date of foundation

 

1952

 

 

Registered on     

 

08.05.1985

 

 

Register of companies  

 

Local court 45130 ESSEN 1

under:               HRA 7461

 


Total cap. contribution           

 

EUR            508.735,43

 

General Partner

 

Greifenberg GmbH

Gottwaldstr. 17

45525 Hattingen

Legal form: Private limited company

Share capital:     EUR             25.564,59

Reg. Data:  17.03.1998

HRB 15076

45130 ESSEN 1

 

 

Shareholder

 

Agnes Greifenberg

Tiefbauweg 19

44879 Bochum

born: Schmidt

born 05.04.1926

Share:             EUR             10.609,31

 

Shareholder:

Maria Greifenberg-Bell

Tiefbauweg 19

44879 Bochum

born: Greifenberg

born 20.06.1956 in Bochum

Share:             EUR              7.477,64

 

Shareholder:

Albert Theodor Greifenberg jun.

Laarmannstr. 39a

44879 Bochum

born 13.11.1953 in Bochum

Share:             EUR              7.477,64

 

 

Manager

 

Maria Greifenberg-Bell

Tiefbauweg 19

44879 Bochum

having sole power of representation

born: Greifenberg

born 20.06.1956 in Bochum

Occupation: Businessman

  Marital status: married

Manager:

Albert Theodor Greifenberg jun.

Laarmannstr. 39a

44879 Bochum

having sole power of representation

born 13.11.1953 in Bochum

Occupation: Businessman

Marital status: married

 

 

Limited Partner

 

Agnes Greifenberg

Tiefbauweg 19

44879 Bochum

born: Schmidt

born 05.04.1926

Share:             EUR            212.186,13

 

Limited Partner:

Maria Greifenberg-Bell

Tiefbauweg 19

44879 Bochum

born: Greifenberg

born 20.06.1956 in Bochum

Share:             EUR            149.552,88

 

Limited Partner:

Albert Theodor Greifenberg jun.

Laarmannstr. 39a

44879 Bochum

born 13.11.1953 in Bochum

Share:             EUR            146.996,42

 

 

BUSINESS HISTORY

 

 08.05.1985           Albert Greifenberg Kommanditgesellschaft

                      Gottwaldstr. 17

                      45525 Hattingen

                      Limited partnership

 21.07.1998           Albert Greifenberg Kommandit- gesellschaft

                      Gottwaldstr. 17

                      45525 Hattingen

                      Ltd partnership with priv. ltd. Company as

                      General partner

 


 

BUSINESS ACTIVITIES

 

 2550

 Forging, pressing, stamping and roll-forming of metal; powder

 metallurgy

 

 

PARTICIPATION

 

 Shareholder:

                      Dipl.-Ing. Friedrich Horchler GmbH

                      Olper Str. 11

                      57258 Freudenberg

                      Legal form: Private limited company

                      Share capital:     EUR             25.564,59

                      Share:             EUR             25.564,59

                      Reg. Data:  25.11.1975

                                  HRB 1587

                                  57072 SIEGEN

 

 

FINANCIAL INFORMATION

 

Payment experience:  cash discount/within agreed terms

 

 

 REAL ESTATE

 

 Type of ownership:   proprietor

 Share:                100,00 %

 Address              Gottwaldstr. 17

                           45525 Hattingen

 

 Land register documents were not available.

 

 

 BANKERS

 

 DEUTSCHE BANK, BOCHUM

 Sort. code: 43070061

 COMMERZBANK, BOCHUM

 Sort. code: 43040036

 DRESDNER BANK, HATTINGEN, RUHR

 Sort. code: 43080083

 SPARKASSE BOCHUM, BOCHUM

 Sort. code: 43050001

 

 

 

FIGURES

 

Financial year:      01.01. - 31.12.

 Turnover:                                  2006                 EUR         30.500.000,00

                                                2007                 EUR         31.000.000,00

 Total cap. contribution:                                      EUR            508.735,43

 Value of stocks:                                                            EUR          2.400.000,00

 Equipment:                                                       EUR          2.000.000,00

 Ac/ts receivable:                                                           EUR          2.500.000,00

 Liabilities:                                                         EUR          2.100.000,00

 Employees:                                                                              145

 

 Approximate figures are given.

 

 

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.47.46

UK Pound

1

Rs.83.37

Euro

1

Rs.64.46

 

 

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