MIRA INFORM REPORT

 

 

Report Date :

07.08.2010

 

IDENTIFICATION DETAILS

 

Name :

VISILASE GMBH 

 

 

Registered Office :

Albert-Einstein-Ring 7, D 14532 Kleinmachnow

 

 

Country :

Germany

 

 

Financials (as on) :

31.12.2008

 

 

Date of Incorporation :

07.11.2008

 

 

Com. Reg. No.:

HRB 21579 P

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Manufacture and processing of other glass, including technical glassware

 

 

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 5.000,00

Status :

Satisfactory

Payment Behaviour :

No Complaints  

Litigation :

Clear

 

 

NOTES :

Any query related to this report can be made on e-mail : infodept@mirainform.com while quoting report number, name and date.

 

 

ECGC Country Risk Classification List – April 1, 2010

 

Country Name

Previous Rating

(31.12.2009)

Current Rating

(01.04.2010)

Germany

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

Company name & address

 

Visilase GmbH

Albert-Einstein-Ring 7

14532 Kleinmachnow

 

 

Financial information

 

Payment experience:           within periods customary in this trade

Negative information:           We have no negative information at hand.

Maximum credit:                 5.000 EUR

 

 

Conclusion

 

The maximum credit is EUR 5.000,00.

 

 

Communication data

 

Main address

 

Address:           Albert-Einstein-Ring 7

D 14532 Kleinmachnow

 

 

Legal form

 

Legal form:                         Private limited company

Date of foundation:              05.06.2008

Shareholders' agreement:     05.06.2008

Registered on:                    07.11.2008

Commercial Register:          Local court 14467 Potsdam, HRB 21579 P

Share capital:                     25.000,00 EUR

 

 

Shareholder  

 

Visilase Ltd.

GB Dundee

 

Legal form:        Other legal form

Reg. data:         HRB

Share: 25.000,00 EUR

 

 

Manager    

 

Andrea Reggio

I - Catania

having sole power of representation

 

born:        27.05.1956

Nationality:        Italian

 

 

Business activities / Sectors

 

Sector (WZ 08)

2319                  Manufacture and processing of other glass, including technical glassware

32501                Manufacutre of technical instruments and supplies for medical purposesn.e.c.

46462                Wholesale of medical and orthopedic goods, dental and laboratory supplies

 

 

Real estate

 

Real Estate

Type of ownership:              Tenant

Address:                            Albert-Einstein-Ring 7
14532 Kleinmachnow

Land register documents were not available.

 

 

Bankers

 

A bank connection is unknown.

 

 

Financial figures

 

Employees                             The number of employees is not known.

 

 

Balance sheets

 

Type of balance sheet   Company balance sheet

 

End of financial year      31.12.2008

 

 

ASSETS                                                   22.940,05 EUR

                                                        

  Fixed assets                                           22.000,00 EUR

    Tangible assets                                      22.000,00 EUR

  Current assets                                         940,05 EUR

    Accounts receivable                                  911,37 EUR

    Liquid means                                         28,68 EUR

                                                        

                                                        

LIABILITIES                                              22.940,05 EUR

                                                        

  Shareholders' equity                                   20.464,32 EUR

    Capital                                              25.000,00 EUR

      Subscribed capital (share capital)                 25.000,00 EUR

    Balance sheet profit/loss (+/-)                      -4.535,68 EUR

      Annual surplus / annual deficit                    -4.535,68 EUR

  Provisions                                             488,00 EUR

  Liabilities                                            1.987,73 EUR

                                                        

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.46.02

UK Pound

1

Rs.73.21

Euro

1

Rs.60.70

 

 

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

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

 

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

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.