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MIRA INFORM REPORT

 

 

Report Date :            

09.04.2011

 

IDENTIFICATION DETAILS

 

Name :

WENZEL GEAR TEC GMBH

 

 

Registered Office :

Werner-Wenzel-Str., D 97859 Wiesthal

 

 

Country :

Germany

 

 

Date of Incorporation :

05.11.2009

 

 

Com. Reg. No.:

HRB 10412       

 

 

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 :

9.000 EUR

Status :

Satisfactory

Payment Behaviour :

Usually Correct 

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 – December 31, 2010

 

Country Name

Previous Rating

                   (30.09.2010)                  

Current Rating

(31.12.2010)

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   

 

Wenzel Gear Tec GmbH

Werner-Wenzel-Str.

D 97859 Wiesthal

                                                                 

 

Financial Information

 

Payment experience:    within agreed terms

Negative information:    We have no negative information at hand.

Maximum credit:           9.000 EUR

 

 

Communication data

 

Main address

 

Address:                                   Werner-Wenzel-Str.

D 97859 Wiesthal

Homepage:                                  www.wenzel-geartec.de

E-mail:                                         info@wenzel-geartec.de

VAT no.:                                      DE231466893

 

 

synthesis

 

Legal form:                                     Private limited company                                                                       

Date of foundation:                        15.09.2003                                                                                          

Shareholders' agreement:                15.09.2003                                                                                          

Registered on:                                05.11.2009                                                                                          

Commercial Register:                      Local court 97070 Würzburg, HRB 10412                                               

Share capital:                                 100.000,00 EUR                                                                                   

 

Shareholder  

 

WENZEL Präzision GmbH

Werner-Wenzel-Str.

D 97859 Wiesthal

Legal form:     Private limited company

Share capital: 1.000.000,00 EUR

Registered on: 07.02.1980

Reg. data:       97070 Würzburg, HRB 1490

Share: 100.000,00 EUR

 

 

Manager

 

Frank Wenzel

D 97859 Wiesthal

having sole power of representation

born:                29.11.1967

Profession:      graduate engineer

Marital status:   married

 

 

Further functions/participations of: Frank Wenzel

 

Limited partner           

Wenzel Group GmbH & Co. KG

Werner-Wenzel-Str. 1

D 97859 Wiesthal

Legal form:                Ltd partnership with priv. ltd. company as general partner

Total cap. contribution:             50.000,00 EUR

Share:                       21.250,00 EUR

Registered on:           13.12.2005

Reg. data:                 97070 Würzburg, HRA 5317

 

Manager         

WENZEL Volumetrik GmbH

Maggistr. 7

D 78224 Singen

Legal form:      Private limited company

Share capital: 25.000,00 EUR

Registered on: 21.10.2009

Reg. data:       79098 Freiburg, HRB 704434

 

Manager         

WENZEL ScanTec GmbH

Mettendorfer Weg 24

D 91171 Greding

Legal form:      Private limited company

Share capital: 25.000,00 EUR

Registered on: 17.12.2002

Reg. data:       90402 Nürnberg, HRB 19751

 


Manager         

WENZEL Präzision GmbH

Werner-Wenzel-Str.

D 97859 Wiesthal

Legal form:      Private limited company

Share capital: 1.000.000,00 EUR

Registered on: 07.02.1980

Reg. data:       97070 Würzburg, HRB 1490

 

Manager         

Villa Marburg GmbH

Werner-Wenzel-Str. 1

D 63869 Heigenbrücken

Legal form:      Private limited company

Share capital: 25.000,00 EUR

Registered on: 25.10.2001

Reg. data:       63739 Aschaffenburg, HRB 8193

 

Manager                                                             

Dr. Heike Wenzel-Däfler

D 97859 Wiesthal

having sole power of representation

born:                      28.08.1971

née:                       Wenzel

Marital status:         married

 

 

Further functions/participations of: Dr. Heike Wenzel-Däfler

 

Limited partner           

Wenzel Group GmbH & Co. KG

Werner-Wenzel-Str. 1

D 97859 Wiesthal

Legal form:                Ltd partnership with priv. ltd. company as general partner

Total cap. contribution:             50.000,00 EUR

Share:                       21.250,00 EUR

Registered on:           13.12.2005

Reg. data:                 97070 Würzburg, HRA 5317

 

Shareholder   

WENZEL Messtechnik Leipzig GmbH

Wiesenring 13

D 04159 Leipzig

Legal form:      Private limited company insolvent

Share capital: 25.000,00 EUR

Share:             1.250,00 EUR

Registered on: 21.01.2008

Reg. data:       04275 Leipzig, HRB 23771

 

Manager         

WENZEL Präzision GmbH

Werner-Wenzel-Str.

D 97859 Wiesthal

Legal form:      Private limited company

Share capital: 1.000.000,00 EUR

Registered on: 07.02.1980

Reg. data:       97070 Würzburg, HRB 1490

 

Manager         

WENZEL Volumetrik GmbH

Maggistr. 7

D 78224 Singen

Legal form:      Private limited company

Share capital: 25.000,00 EUR

Registered on: 21.10.2009

Reg. data:       79098 Freiburg, HRB 704434

 

Manager         

Villa Marburg GmbH

Werner-Wenzel-Str. 1

D 63869 Heigenbrücken

Legal form:      Private limited company

Share capital: 25.000,00 EUR

Registered on: 25.10.2001

Reg. data:       63739 Aschaffenburg, HRB 8193

 

Manager         

WENZEL ScanTec GmbH

Mettendorfer Weg 24

D 91171 Greding

Legal form:      Private limited company

Share capital: 25.000,00 EUR

Registered on: 17.12.2002

Reg. data:       90402 Nürnberg, HRB 19751

 

Proxy                                                                 

Christfried Pumm-Schubert

D 97846 Partenstein

having sole power of representation

born:         31.05.1958

 

Resigned acting persons and shareholders

from           to               Name                                                        Function                

24.11.2009  03.01.2011  Hans-Helmut Rauth
                                    D 75172 Pforzheim                                    Manager                

 

 


Company history

 

from          to             

13.02.2007        15.11.2009        Wenzel Gear Tec GmbH, Im Mittelfeld 1
                                                D 76135 Karlsruhe         Private limited company

 

 

Business activities / Sectors

 

Sectors                                                                                                                       

46692 Wholesale of other machinery                                                                             

71122  Engineering activities in the field of technical sectoral planning andengineering design     

7732     Renting and leasing of construction and civil engineering machinery and equipment         

96090  Other service activities n. e. c.                                                                            

 

 

Real estate

 

Real Estate

Type of ownership                         Tenant

Address                                    Werner-Wenzel-Str.
D 97859 Wiesthal

Land register documents were not available.

 

 

Bankers

 

Principal bank

 

Sort. code     Bank name/place                                                                                      BIC

79050000      SPARKASSE MAINFRANKEN WÜRZBURG, WÜRZBURG                          BYLADEM1SWU

 

Further banks

Sort. code     Bank name/place                                                                                      BIC

66050101      SPARKASSE KARLSRUHE, KARLSRUHE, BADEN                                   KARSDE66XXX

66070004      DEUTSCHE BANK, KARLSRUHE, BADEN                                                DEUTDESM660

 

 


Financial figures

 

Financial year:  01.01.   -           31.12.

 

 

Turnover                                                                                      2009        900.000,00 EUR

Share capital                                                                                               100.000,00 EUR

Employees                                                                                                 20

 

 

The aforementioned business figures may partly be estimated information based on average values in the line of business.

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.44.04

UK Pound

1

Rs.72.20

Euro

1

Rs.63.40

 

 

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.