MIRA INFORM REPORT

 

 

Report Date :

20.10.2008

 

 

IDENTIFICATION DETAILS

 

Name :

BEHR INDUSTRY GMBH & CO. KG

 

 

Registered Office :

Heilbronner Str. 380 70469 Stuttgart

 

 

Country :

Germany

 

 

Date of Incorporation :

1990

 

 

Com. Reg. No.:

HRA 11793

 

 

Legal Form :

Limited Partnership with Private Limited Company as General Partner

 

 

Line of Business :

Manufacture of Non-Domestic Cooling and Ventilation Equipment

 

 

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

 

Behr Industry GmbH & Co. KG

Heilbronner Str. 380

70469 Stuttgart

Telephone: 0711/896-0

Telefax:   0711/896-3012

Homepage:  www.behrindustry.behrgroup.com

E-Mail:    behrindustry@behrgroup.com

 

 

CONCLUSION

 

 Business relations are permissible.

 

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

 

LEGAL FORM          

 

Ltd partnership with priv. ltd. Company as General partner

 

Date of foundation

 

1990

 

Registered on      

 

05.04.1990

 

Register of companies

 

Local court 70190 STUTTGART 1

under:               HRA 11793

 

 

Total cap. contribution               

 

EUR         20.455.000,00

 


 

General Partner

 

Behr Industry Verwaltung GmbH

Heilbronner Str. 380

70469 Stuttgart

Legal form: Private limited company

Share capital:     EUR            105.000,00

Reg. Data:  22.02.1990

HRB 13834

70190 STUTTGART 1

 

 

Shareholder

 

Behr Verwaltung GmbH

Mauserstr. 3

70469 Stuttgart

Legal form: Private limited company

Share capital:     EUR            676.000,00

Share:             EUR            105.000,00

Reg. Data:  13.04.1967

HRB 3333

70190 STUTTGART 1

 

 

Manager

 

Michael Rudloff

Keplerstr. 34

73249 Wernau

born 21.08.1960

 

Manager:

Dr. Michael Löhle

Alte Steige 21/2

73732 Esslingen

born 27.06.1957

 

Manager:

Oliver Beck

Karl-Kröner-Str. 9

01445 Radebeul

born 07.12.1964

Occupation: graduate engineer

Marital status: divorced

 


 

Limited Partner

Behr GmbH & Co. KG

Mauserstr. 3

Post Box: 30 09 20

70469 Stuttgart

Legal form: Ltd partnership with priv. ltd.

Company as General partner

Total cap. contribution: EUR  149.867.633,00

Share:             EUR         20.455.000,00

Reg. Data:  29.11.1909

HRA 2257

70190 STUTTGART 1

Turnover:          EUR      1.030.159.000,00

Employees:                             5.257

 

 

BUSINESS HISTORY

 

 1990                 Behr Industrietechnik GmbH & Co

                      Mauserstr. 3

                      70469 Stuttgart

                      Ltd partnership with priv. ltd. Company as

                      General partner

 17.04.2002           Behr Industrietechnik GmbH & Co.

                      Heilbronner Str. 380

                      70469 Stuttgart

                      Ltd partnership with priv. ltd. Company as

                      General partner

 12.10.2002           Behr Industrietechnik GmbH & Co. KG

                      Heilbronner Str. 380

                      70469 Stuttgart

                      Ltd partnership with priv. ltd. Company as

                      General partner

 15.05.2003           Behr Industrietechnik GmbH & Co. KG

                      Heilbronner Str. 380

                      70469 Stuttgart

                      Ltd partnership with priv. ltd. Company as

                      General partner

 28.10.2004           Behr Industry GmbH & Co. KG

                      Heilbronner Str. 380

                      70469 Stuttgart

                      Ltd partnership with priv. ltd. Company as

                      General partner

 

 

BUSINESS ACTIVITIES

 

28250

 Manufacture of non-domestic cooling and ventilation equipment

 

 

BRANCHES AND FACTORIES

 

Branch:

                      Behr Industrietechnik GmbH & Co. -

                      Niederlassung-

                      Dr.-Manfred-Behr-Str. 1

                      Post Box: 100446

                      74523 Schwäbisch Hall

 

 

PARTICIPATION

 

 Shareholder:

                      Behr Industry Reichenbach/Vogtland GmbH

                      Gewerbering 2

                      08468 Heinsdorfergrund

                      Legal form: Private limited company

                      Share capital:     EUR          4.000.000,00

                      Share:             EUR          4.000.000,00

                      Reg. Data:  05.07.1990

                                  HRB 160

                                  09130 CHEMNITZ

                      Turnover:          EUR         19.200.000,00

                      Employees:                               175

 Shareholder:

                      Behr Industry Freiberg GmbH

                      Ahornstr. 8

                      09627 Hilbersdorf

                      Legal form: Private limited company

                      Share capital:     EUR            100.000,00

                      Share:             EUR            100.000,00

                      Reg. Data:  19.08.1992

                                  HRB 6204

                                  09130 CHEMNITZ

                      Employees:                                90

 

 

FINANCIAL INFORMATION

 

Payment experience:  cash discount/within agreed terms

 

 

REAL ESTATE

 

 Type of ownership:   Tenant

 Address              Heilbronner Str. 380

                      70469 Stuttgart

 

 Land register documents were not available.

 

 

BANKERS

 

 DEUTSCHE BANK, STUTTGART

 Sort. code: 60070070

 

 

FIGURES

 

 Financial year:      01.01. - 31.12.

 Turnover:                                  2006                 EUR        139.309.000,00

                                                2007                 EUR        165.445.000,00

 Total cap. contribution:                                      EUR         20.455.000,00

 Value of stocks:                                                            EUR         16.704.066,00

 Equipment:                                                       EUR          3.192.102,00

 Ac/ts receivable:                                                           EUR         32.016.972,00

 Liabilities:                                                         EUR         54.500.688,00

 - shortterm:                                                      EUR         54.500.688,00

 Employees:                                                                                     295

 - Salaried employees:                                                                                   264

 - Workers:                                                                                         13

 - Part-time employees:                                                                        8

 - Trainees:                                                                                               7

 - Freelance:                                                                                             3

 Approximate figures are given.


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.48.83

UK Pound

1

Rs.85.12

Euro

1

Rs.65.86

 

 

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