MIRA INFORM REPORT

 

 

 

Report Date :

04.09.2008

 

IDENTIFICATION DETAILS

 

Name :

NORMIG METALL-IMPORT-EXPORT Gmbh

 

 

Registered Office :

Mit Beschränkter Haftung, Ottilienstr. 31, 33332 Gütersloh

 

 

Country :

Germany

 

 

Year of Establishment :

1979

 

 

Com. Reg. No.:

HRB 1550

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Wholesale of Non-Ferrous Ores, Metals and Metal Semi-Finished Goods

 

 

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 17.000,00.

 

 

Status :

Satisfactory

 

 

Payment Behaviour :

Regular

 

 

Litigation :

Clear

 

Name & address

 

NORMIG Metall-Import-Export Gesellschaft

mit beschränkter Haftung

Ottilienstr. 31

 33332 Gütersloh

Telephone: 05241/1090

Telefax:   05241/109160

Homepage:  kein Eintrag

 

 

CONCLUSION

 

The maximum credit is EUR 17.000,00.

 

Business relations are permissible.

 

 

LEGAL FORM          

 

Private limited company

 

 

Date of foundation

 

1979

 

 

Begin of Business activities

 

05.01.1979

 

 

Registered on   

 

05.01.1979

 

 

Commercial Register

 

Local court 33330 GÜTERSLOH


under          

 

HRB 1550

 

Share capital:                          EUR            768.000,00

 

 

Shareholder

 

Wolters Verwaltungs GmbH & Co. KG

Ottilienstr. 31

33332 Gütersloh

Legal form: Ltd partnership with priv. ltd.

Company as General partner

Total cap. contribution:   EUR    2.607.588,59

Share:                           EUR            767.000,00

                                    Reg. Data:  30.06.1977

                                    HRA 3362

                                    33330 GÜTERSLOH

 

Shareholder:

Gesellschaft für Rücklagen- management

Schloß Holte- Stukenbrock in Nordrhein-

Westfalen mbH -Westfalen mbH & Co. KG

Brucknerweg 9

33758 Schloß Holte-Stukenbrock

Legal form: Ltd partnership with priv. ltd.

Company as General partner

Share:             EUR              1.000,00

Reg. Data:  19.04.2001

HRA 14249

33602 BIELEFELD

 

 

Manager

 

Udo Teckentrup

Humboldtstr. 17

32105 Bad Salzuflen

Occupation: Fully qualified merchant

Marital status: married

 

 

Proxy

 

Andreas Jaspers

Hoher Kamp 74

33332 Gütersloh

authorized to jointly represent the company

born 20.06.1949

 

Proxy:

Eberhard Sandbote

Fritz-Steinhaus-Weg 4

33332 Gütersloh

authorized to jointly represent the company

born 19.06.1940

 

 

Further functions/participations of Udo Teckentrup (Manager)

 

Proxy:

Wolters GmbH

Ottilienstr. 19

33332 Gütersloh

Legal form: Private limited company

Share capital:     EUR          1.024.000,00

Reg. Data:  30.06.1977

                 HRB 1444

                33330 GÜTERSLOH

 

 

BUSINESS HISTORY

 

Beginning of business activities:05.01.1979

 

05.01.1979    NORMIG Metall-Import-Export Gesellschaft

                      mit beschränkter Haftung

                      Ottilienstr. 31

                      33332 Gütersloh

                      Private limited company

 

 

BUSINESS ACTIVITIES

 

46722

Wholesale of non-ferrous ores, metals and metal semi-finished goods

 

 

BRANCHES AND FACTORIES

 

Branch:

NORMIG Metall-Import-Export Gesellschaft

mit beschränkter Haftung

Ottilienstr. 19

33332 Gütersloh

 

 

FINANCIAL INFORMATION

 

Payment experience:  within agreed terms

 

 

REAL ESTATE

 

Type of ownership:         Tenant

Address                        Ottilienstr. 19

                                    33332 Gütersloh

 

Land register documents were not available.

 

 

BANKERS

 

DEUTSCHE BANK, GÜTERSLOH

Sort. code: 48070040

 

COMMERZBANK, GÜTERSLOH

Sort. code: 47840065

 

SPARKASSE GÜTERSLOH, GÜTERSLOH

Sort. code: 47850065

 

 

FIGURES

 

Financial year:      01.01. - 31.12.

 gross profit or loss:2006               EUR            980.847,00

                      2007               EUR          1.000.000,00

 Share capital:                          EUR            768.000,00

 The number of employees is not known.

 

 Approximate figures are given.

 

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.44.45

UK Pound

1

Rs.79.08

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