MIRA INFORM REPORT

 

 

 

Report Date :

04.09.2008

 

IDENTIFICATION DETAILS

 

Name :

B & E INTERNATIONAL GMBH

 

 

Registered Office :

Gartenstr. 139 41236 Mönchengladbach

 

 

Country :

Germany

 

 

Date of Incorporation :

1999

 

 

Com. Reg. No.:

HRB 6263

 

 

Legal Form :

Private limited company

 

 

Line of Business :

Wholesale of Other Machinery

 

 

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 8.000,00.

 

 

Status :

Satisfactory

 

 

Payment Behaviour :

Regular

 

 

Litigation :

Clear

 


name & address

 

B & E International GmbH

Gartenstr. 139

41236 Mönchengladbach

Telephone: 02166/920350

Telefax:   02166/66920352

Homepage:  www.be-international.de

E-Mail:    info@be-international.de

 

 

SOLVENCY RATING

 

2,4

 

 

CONCLUSION

 

 The maximum credit is EUR 8.000,00.

 Business relations are permissible.

 

 

LEGAL FORM          

 

Private limited company

 

 

Date of foundation

 

1999

 

 

Shareholders' agreement               

 

09.11.1999

 

 

Registered on      

 

14.12.1999

 

 

Commercial Register

 

Local court 41061 MÖNCHENGLADBACH

 under:               HRB 6263

Share capital                        

 

EUR             25.000,00

 

 

Shareholder

 

Mustafa Ercan

Hubertusstr. 149

41239 Mönchengladbach

Share:             EUR             25.000,00

 

 

Manager

 

Mustafa Ercan

Hubertusstr. 149

41239 Mönchengladbach

having sole power of representation

Occupation: Businessman

 

 

BUSINESS HISTORY

 

26.05.2000           B & E International GmbH

Friedrich-Ebert-Str. 194

41236 Mönchengladbach

Private limited company

22.05.2003           B & E International GmbH

Breite Str. 165-169

41238 Mönchengladbach

Private limited company

 

 

BUSINESS ACTIVITIES

 

 46692

 Wholesale of other machinery

 

 

FINANCIAL INFORMATION

 

Solvency rating:      2,4

 Payment experience:  within agreed terms

 

 

 

REAL ESTATE

 

Type of ownership:   Tenant

 Address              Gartenstr. 139

                      41236 Mönchengladbach

 

 Land register documents were not available.

 

 

BANKERS

 

 STADTSPARKASSE MÖNCHENGLADBACH, MÖNCHENGLADBACH

 Sort. code: 31050000

 

FIGURES

 

 Financial year:      01.01. - 31.12.

 Turnover:                      2006                 EUR            650.000,00

                                    2007                 EUR            620.000,00

 Share capital:                                       EUR             25.000,00

 Equipment:                                           EUR             15.000,00

 Total number of vehicles:                                                2

 Employees:                                                                              3

 

 Approximate figures are given.

 

 

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.44.37

UK Pound

1

Rs.78.09

Euro

1

Rs.63.41

 

 

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