MIRA INFORM REPORT

 

 

Report Date :

23.10.2008

 

 

IDENTIFICATION DETAILS

 

Name :

MASCHINENFABRIK NIEHOFF GMBH & CO. KG

 

 

Registered Office :

Fürther Str. 30 91126 Schwabach, Post Box:  1860

 

 

Country :

Germany

 

 

Date of Incorporation :

1859

 

 

Com. Reg. No.:

HRA 4082

 

 

Legal Form :

Limited Partnership with Private Limited Company as General Partner

 

 

Line of Business :

Manufacture of Other Special-Purpose Machinery

Manufacture of Metal Forming Machinery

 

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 250.000,00.

 

 

Status :

Good

 

 

Payment Behaviour :

Regular

 

 

Litigation :

Clear

 

 

name & address

 

Maschinenfabrik Niehoff GmbH & Co. KG

Fürther Str. 30

91126 Schwabach

Post Box:  1860

Telephone: 09122/977-0

Telefax:   09122/977-155

Homepage:  www.niehoff.de

E-Mail:    info@niehoff.de

 

 

VAT no.           

 

DE133785017

 

 

Tax ID number      

 

247/168/02600

 

 

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

 

 

1859

 

 

Registered on

 

21.05.1952

 

 

Register of   companies

 

Local court 90402 NÜRNBERG

under:               HRA 4082

 

 

Total cap. contribution

 

EUR          8.000.000,00

 

 

General Partner

 

Walter Niehoff GmbH

Fürther Str. 30

91126 Schwabach

Legal form: Private limited company

Share capital:     EUR            100.000,00

Reg. Data:  05.11.1986

HRB 7639

90402 NÜRNBERG

 

 

Shareholder

 

Elfriede Niehoff

Rednitzhang 6

91126 Schwabach

born: Kroher

born 07.07.1924

Share:             EUR             16.361,34

 

Shareholder:

Hildegard Schäfer

Am Ellerhang 13

61462 Königstein

born: Kroher

born 05.03.1931

Share:             EUR              3.067,75

 

Shareholder:

Hans-Hermann Kroher

Am Wasserbogen 33

82166 Gräfelfing

born 12.12.1928

Share:             EUR              3.016,62

 

Shareholder:

Dr. Jürgen Kroher

Marschnerstr. 64

81245 München

born 09.01.1954

Share:             EUR              1.227,10

 

Shareholder:

Andrea Karl

Am Wasserbogen 35

82166 Gräfelfing

born 13.04.1966

Share:             EUR              1.227,10

 

Shareholder:

Martin Kroher

Herbststr. 16

82194 Gröbenzell

born 05.11.1958

Share:             EUR                664,68

 

 

Manager

 

Heinz Rockenhäuser

91126 Schwabach

having sole power of representation

born 03.04.1948

Occupation: graduate engineer

Marital status: married

 

 

Proxy

 

Christian Hoffmann

Waldstr. 6

91126 Schwabach

authorized to jointly represent the company

born 27.02.1962

 

Proxy:

Rainer Vockentanz

Walpersdorfer Str. 26a

91126 Schwabach

authorized to jointly represent the company

born 31.01.1950

Occupation: graduate engineer

Marital status: married

 

Proxy:

Bernd Lohmüller

Mühlweg 1a

91126 Rednitzhembach

authorized to jointly represent the company

born 17.03.1965

 

 

Proxy:

Elena Graf

91126 Schwabach

authorized to jointly represent the company

born 14.02.1975

 

 

Limited Partner

 

Elfriede Niehoff

Rednitzhang 6

91126 Schwabach

born: Kroher

born 07.07.1924

Share:             EUR          4.971.120,00

 

Limited Partner:

Hans-Hermann Kroher

Am Wasserbogen 33

82166 Gräfelfing

born 12.12.1928

Share:             EUR            970.240,00

 

Limited Partner:

Hildegard Schäfer

Am Ellerhang 13

61462 Königstein

born: Kroher

born 05.03.1931

Share:             EUR            874.640,00

 

Limited Partner:

Dr. Jürgen Kroher

Marschnerstr. 64

81245 München

born 09.01.1954

Share:             EUR            400.000,00

 

Limited Partner:

Andrea Karl

Am Wasserbogen 35

82166 Gräfelfing

born 13.04.1966

Share:             EUR            400.000,00

 

Limited Partner:

Martin Kroher

Herbststr. 16

82194 Gröbenzell

born 05.11.1958

Share:             EUR            224.000,00

 


Limited Partner:

Ursula Carstens-Niehoff

Fliederweg 5

91126 Schwabach

born 06.04.1947

Share:             EUR             80.000,00

 

 

Limited Partner:

Prof.Dr. Walter Niehoff

Schwabenstr. 29

91126 Schwabach

born 22.02.1949

Share:             EUR             80.000,00

 

 

Proxy

 

Christian Hoffmann

Waldstr. 6

91126 Schwabach

authorized to jointly represent the company

born 27.02.1962

 

Proxy:

Rainer Vockentanz

Walpersdorfer Str. 26a

91126 Schwabach

authorized to jointly represent the company

born 31.01.1950

Occupation: graduate engineer

Marital status: married

 

Proxy:

Elena Graf

91126 Schwabach

authorized to jointly represent the company

born 14.02.1975

 

Proxy:

Bernd Lohmüller

Mühlweg 1a

91126 Rednitzhembach

authorized to jointly represent the company

born 17.03.1965

 

 

BUSINESS HISTORY

 

 1859                 Hans M. Bauer oHG

                      91126 Schwabach

                      General Partnership

 21.05.1952           Maschinenfabrik Niehoff

                      Kommanditgesellschaft

                      91126 Schwabach

                      Limited partnership

 

 

BUSINESS ACTIVITIES

 

 28990

 Manufacture of other special-purpose machinery n.e.c.

 28410

 Manufacture of metal forming machinery

 

 

BRANCHES AND FACTORIES

 

 Branch:

                      Maschinenfabrik Niehoff GmbH & Co. KG.

                      Schwendener Str. 25

                      87616 Marktoberdorf

 

 

FINANCIAL INFORMATION

 

Payment experience:  cash discount/within agreed terms

 Trend of business:   positive

 

 

REAL ESTATE

 

 Type of ownership:   proprietor

 Address              Fürther Str. 30

                      91126 Schwabach

 Value at selling price:                 EUR          8.692.000,00

 

 Type of ownership:   Tenant

 Address              Schwender Str. 25

                      87616 Marktoberdorf

 

 Private real estate

 Name                 Walter Niehoff GmbH

 Type of ownership:   Tenant

 Address              Fürther Str. 30

                      91126 Schwabach

 

 Land register documents were not available.

 


 

BANKERS

 

 BAYER HYPO- UND VEREINSBANK, SCHWABACH

 Sort. code: 76420080, Account No: 4319575

 DEUTSCHE BANK, NÜRNBERG, MITTELFR

 Sort. code: 76070012, Account No: 6700660

 POSTBANK, NÜRNBERG, MITTELFR

 Sort. code: 76010085, Account No: 860-855

 SPARKASSE ALLGÄU, MARKTOBERDORF

 Sort. code: 73350000, Account No: 210070744

 

 

FIGURES

 

 Financial year:      01.04. - 31.03.

 Turnover:                      2005/2006          EUR         84.500.000,00

                                    2006/2007          EUR        109.729.073,00

                                    2007/2008          EUR        147.546.000,00

 Total cap. contribution:                          EUR          8.000.000,00

 Value of stocks:                                                EUR         33.868.873,00

 Equipment:                                           EUR          2.526.289,00

 Ac/ts receivable:                                               EUR         21.222.241,00

 Liabilities:                                             EUR         33.758.836,00

 Real estate of the firm:                          EUR          7.318.968,00

 Employees:                                                                  378

 - Trainees:                                                                      48

 

 Approximate figures are given.


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.49.79

UK Pound

1

Rs.81.27

Euro

1

Rs.63.91

 

 

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