MIRA
INFORM REPORT
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Report Date : |
11.10.2008 |
IDENTIFICATION
DETAILS
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Name : |
KURTENBACH GMBH & CO. KG |
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Registered Office : |
Offheimer Weg 45, 65549 Limburg Post Box: 22 61 |
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Country : |
Germany |
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Date of Incorporation : |
1881 |
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Com. Reg. No.: |
HRA 352 |
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Legal Form : |
Limited Partnership with Private
Limited Company as General
Partner |
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Line of Business : |
Wholesale of Textiles |
RATING &
COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Maximum Credit Limit : |
EUR
250.000,00. |
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Status : |
Good |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
name & address
Kurtenbach GmbH & Co. KG
Offheimer Weg 45
65549 Limburg
Post Box: 22 61
Telephone: 06431/503-0
Telefax: 06431/503-201
Homepage:
www.kurtenbach.de
E-Mail: info@kurtenbach.de
VAT no.
DE113292759
Tax ID number
030 329 30008
CONCLUSION
The maximum credit is EUR
250.000,00.
Business relations are
permissible.
LEGAL FORM
Ltd partnership with priv. ltd. Company as General partner
Date of foundation
1881
Registered on
02.01.1931
Register of companies
Local court 65549 LIMBURG/L.
under: HRA
352
Total cap. contribution
EUR 1.560.000,00
General Partner
Kurtenbach & Kurtenbach GmbH
Offheimer Weg 45
65549 Limburg
Legal form: Private limited company
Share capital: EUR 36.000,00
Reg. Data: 16.06.1965
HRB 44
65549 LIMBURG/L.
Shareholder
Andrea Benker
Hubertusstr. 18
65549 Limburg
born: Kurtenbach
born 24.03.1964
Share: EUR 18.000,00
Shareholder:
Maria Mauer
65549 Limburg
born: Kurtenbach
born 11.02.1935
Share: EUR 4.500,00
Shareholder:
Dr. Heinz Peter Kurtenbach
25992 List
born 09.05.1924
Share: EUR 4.020,00
Shareholder:
Christa Kurtenbach-Boesch
59302 Oelde
born 11.02.1935
Share: EUR 3.960,00
Shareholder:
Ursula Kurtenbach
65549 Limburg
born 11.09.1953
Share: EUR 1.500,00
Shareholder:
Peter Willibald Kurtenbach
65549 Limburg
born 17.03.1951
Share: EUR 1.500,00
Shareholder:
Friederike Roth
65549 Limburg
born: Kurtenbach
born 28.11.1955
Share: EUR 1.500,00
Shareholder:
Petra Leue
65549 Limburg
born: Kurtenbach
Share: EUR 480,00
Shareholder:
Hans Boesch
65549 Limburg
Share: EUR 180,00
Shareholder:
Christoph Boesch
65549 Limburg
Share: EUR 180,00
Shareholder:
Cathrin Schiffer
65549 Limburg
Share: EUR 180,00
Manager
Andrea Benker
Hubertusstr. 18
65549 Limburg
born: Kurtenbach
born 24.03.1964
Occupation: Fully qualified merchant
Marital status: married
Manager:
Hans-Herbert Rödel
65582 Diez
authorized to jointly represent the company
born 24.09.1950
Limited Partner
Andrea Benker
Hubertusstr. 18
65549 Limburg
born: Kurtenbach
born 24.03.1964
Share: EUR 780.000,00
Limited Partner:
Maria Mauer
65549 Limburg
born: Kurtenbach
born 11.02.1935
Share: EUR 195.000,00
Limited Partner:
Dr. Heinz Peter Kurtenbach
25992 List
born 09.05.1924
Share: EUR 175.500,00
Limited Partner:
Christa Kurtenbach-Boesch
59302 Oelde
born 11.02.1935
Share: EUR 171.600,00
Limited Partner:
Ursula Kurtenbach
65549 Limburg
born 11.09.1953
Share: EUR 65.000,00
Limited Partner:
Peter Willibald Kurtenbach
65549 Limburg
born 17.03.1951
Share: EUR 65.000,00
Limited Partner:
Friederike Roth
65549 Limburg
born: Kurtenbach
born 28.11.1955
Share: EUR 65.000,00
Limited Partner:
Petra Leue
65549 Limburg
born: Kurtenbach
Share: EUR 19.500,00
Limited Partner:
Hans Boesch
65549 Limburg
Share: EUR 7.800,00
Limited Partner:
Christoph Boesch
65549 Limburg
Share: EUR 7.800,00
Limited Partner:
Cathrin Schiffer
65549 Limburg
Share: EUR 7.800,00
Proxy
Michael Otterpohl
65627 Elbtal
born 06.08.1949
Proxy:
Karl Kropke
28195 Bremen
born 19.01.1951
Proxy:
Michael Pötz
65549 Limburg
born 27.07.1961
Further functions/participations of Kurtenbach & Kurtenbach GmbH (General Partner)
Shareholder:
Kurtenbach & Co. GmbH Wäsche- und
Berufskleiderfabrik
Offheimer Weg 45
65549 Limburg
Legal form: Private limited company
Share capital: EUR 25.564,59
Share: EUR 25.564,59
Reg. Data: 05.09.1949
HRB 22
65549 LIMBURG/L.
Turnover: EUR 2.000.000,00
Employees: 14
BUSINESS HISTORY
02.01.1931 Hülster & Kurtenbach GmbH & Co. KG
Offheimer Weg 45
65549
Limburg
Ltd
partnership with priv. ltd. Company as
General partner
BUSINESS ACTIVITIES
46410
Wholesale of textiles
PARTICIPATION
Limited Partner:
Ackermann & Kurtenbach GmbH & Co. KG
Offheimer Weg 45
65549
Limburg
Legal
form: Ltd partnership with priv. ltd.
Company as General partner in
liquidation
Total
cap. contribution: EUR 511.291,88
Share: EUR 511.291,88
Reg.
Data: 23.05.2001
HRA 1067
65549 LIMBURG/L.
Limited Partner:
TVT-Textilvertrieb in Europa GmbH & Co. KG
Offheimer Weg 45
65553
Limburg
Legal
form: Ltd partnership with priv. ltd.
Company as General partner
Total
cap. contribution: EUR 81.295,41
Share: EUR 33.745,26
Reg.
Data: 18.07.1995
HRA 888
65549 LIMBURG/L.
Shareholder:
Schimmer-Benker-Kurtenbach GmbH
Offheimer Weg 45
65549
Limburg
Legal
form: Private limited company
Share
capital: EUR 51.129,19
Share: EUR 51.129,19
Reg.
Data: 20.05.1999
HRB 1679
65549 LIMBURG/L.
Shareholder:
Keinath & Kurtenbach GmbH
Offheimer
Weg 45
65549
Limburg
Legal
form: Private limited company
Share
capital: EUR 26.000,00
Share: EUR 26.000,00
Reg. Data: 09.09.1998
HRB 1872
65549 LIMBURG/L.
Employees: 3
Shareholder:
Ackermann & Kurtenbach
Verwaltungsgesellschaft
mbH
Offheimer Weg 45
65549
Limburg
Legal
form: Private limited company
Share
capital: EUR 25.564,59
Share: EUR
25.564,59
Reg.
Data: 03.06.2001
HRB 1872
65549 LIMBURG/L.
Shareholder:
EUROTEX - Kooperation Europäischer Textil-
Vertriebs-Unternehmen GmbH
Offheimer Weg 45
65549
Limburg
Legal
form: Private limited company
Share
capital: EUR 25.564,61
Share: EUR 7.771,64
Reg.
Data: 18.09.1990
HRB 893
65549 LIMBURG/L.
FINANCIAL INFORMATION
Payment experience: cash
discount/within agreed terms
REAL ESTATE
Type of ownership: Tenant
Address Offheimer Weg 45
65549
Limburg
Private real estate
Name Kurtenbach & Kurtenbach
GmbH
Type of ownership: Tenant
Address Offheimer Weg 45
65549
Limburg
Land register documents
were not available.
BANKERS
DRESDNER BANK, LIMBURG A D
LAHN
Sort. code: 51180041
KREISSPARKASSE LIMBURG,
LIMBURG A D LAHN
Sort. code: 51150018
NASSAUISCHE SPARKASSE,
LIMBURG A D LAHN
Sort. code: 51050015
VEREINIGTE VOLKSBANK
LIMBURG, LIMBURG A D LAHN
Sort. code: 51190000
FIGURES
Financial year: 01.01. - 31.12.
Turnover: 2006 EUR 21.300.000,00
2007 EUR 20.000.000,00
Total cap.
contribution: EUR 1.560.000,00
Value of stocks: EUR 2.114.000,00
Equipment: EUR 402.000,00
Ac/ts receivable: EUR 3.297.000,00
Liabilities: EUR 3.063.000,00
- shortterm: EUR 1.186.000,00
- longterm: EUR 1.877.000,00
Total number of
vehicles:
35
- Cars (owned):
35
Employees: 122
- Salaried employees: 76
- Workers:
8
- Part-time
employees: 26
- Trainees: 7
- Temporary workers: 5
Approximate figures are given.
FOREIGN EXCHANGE
RATES
|
Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.48.72 |
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UK Pound |
1 |
Rs.82.17 |
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Euro |
1 |
Rs.65.90 |
RATING
EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Unfavourable & favourable factors carry similar weight in credit
consideration. Capability to overcome financial difficulties seems
comparatively below average. |
Small |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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NR |
In view of the lack of information, we have no basis upon which to
recommend credit dealings |
No Rating |
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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%)