MIRA INFORM REPORT

 

 

 

Report Date :

18.09.2008

 

IDENTIFICATION DETAILS

 

Name :

TECHNOPAC GMBH

 

 

Registered Office :

Salzbergener Str. 18-22 48431 Rheine

 

 

Country :

Germany

 

 

Date of Incorporation :

1999

 

 

Com. Reg. No.:

HRB 4578

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Wholesale of Other Household 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 27.000,00.

 

 

Status :

Satisfactory

 

 

Payment Behaviour :

Regular

 

 

Litigation :

Clear

 


 

name & address

 

TechnoPac GmbH

Salzbergener Str. 18-22

48431 Rheine

Telephone: 05971/808280

Telefax:   05971/8082820

Homepage:  www.technopac.de

E-Mail:    info@technopac.de

 

 

CONCLUSION

 

 The maximum credit is EUR 27.000,00.

 Business relations are permissible.

 

 

LEGAL FORM      

 

Private limited company

 

 

Date of foundation

 

1999

 

 

Shareholders' agreement:               

 

14.01.1999

 

 

Registered on

 

02.03.1999

 

 

Commercial Register

 

Local court 48565 STEINFURT

under:               HRB 4578

 

 

 

 

 

Share capital                       

 

EUR             50.000,00

 

 

Shareholder

 

Hildegard Röwemeier

Thiebergstr. 5c

48431 Rheine

born 02.02.1959

Share:             EUR             50.000,00

 

 

Manager

 

Hildegard Röwemeier

Thiebergstr. 5c

48431 Rheine

having sole power of representation

born 02.02.1959

Occupation: Businessman

Marital status: single

 

 

BUSINESS HISTORY

 

 14.01.1999           TechnoPac GmbH

                      Thiebergstr. 5c

                      48431 Rheine

                      Private limited company

 20.04.1999           TechnoPac GmbH

                      Münsterstr. 79a

                      48431 Rheine

                      Private limited company

 01.01.2004           TechnoPac GmbH

                      Salzbergener Str. 18-22

                      48431 Rheine

                      Private limited company

 

 

BUSINESS ACTIVITIES

 

 4649

 Wholesale of other household goods

 

 

 


FINANCIAL INFORMATION

 

Payment experience:  within agreed terms

 

 

REAL ESTATE

 

Type of ownership:   Tenant

 Address              Salzbergener Str. 18-22

                            48431 Rheine

 

 Private real estate

 Name                 Hildegard Röwemeier

 Type of ownership:   Tenant

 Address                    Thiebergstr. 5c

                                 48431 Rheine

 

 Land register documents were not available.

 

 

BANKERS

 

 STADTSPARKASSE RHEINE, RHEINE

 Sort. code: 40350005

 

 

FIGURES

 

Financial year:      01.01. - 31.12.

 Turnover:              2006               EUR          1.600.000,00

                               2007               EUR          1.600.000,00

 Share capital:                               EUR             50.000,00

 Total number of vehicles:                                       1

 - Cars (leased):                                                       1

 Employees:                                                             8

 

 Approximate figures are given.

 

 

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.46.71

UK Pound

1

Rs.83.57

Euro

1

Rs.65.90

 

 

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