MIRA INFORM REPORT
|
Report Date : |
19.04.2011 |
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) |
|
|
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
In the meantime there have been changes in
particular in the following areas subject to monitoring:
-
Financial information
Company
name and address
SALUBRIS GmbH
Main
address:
Hoeschstr. 15
D 42289 Wuppertal
Telephone:0177/7577623
Telefax:
0121/2592865037
Homepage: www.salubris-gmbh.de
E-mail:
sales@salubris-gmbh.de
VAT
no.
DE244495341
CONCLUSION
Business relations are permissible.
Registration
data
LEGAL
FORM Private limited company
Date of foundation: 22.08.2005
Shareholders'
agreement: 22.08.2005
Registered on: 03.11.2005
Commercial Register: Local court 42103 Wuppertal
under: HRB 19423
Share capital
EUR 25.000,00
Shareholder
SARAF TRADING CORPORATION PVT. LTD.
IND
Kochi (Kerala)
Legal form: Other legal form
Share: EUR 25.000,00
Manager:
Arvind Gopal Verma
D 90402 Nürnberg
having sole power of representation
born: 30.01.1968
RESIGNED ACTING PERSONS AND SHAREHOLDERS
15.11.2005 - 08.03.2010 Manager
Silke Charlotte
Fehre-Schreiber
D 42289 Wuppertal
BUSINESS
ACTIVITIES
Sectors
4618
Agents involved in the sale of other goods
46389
Wholesale of food n.e.c.
4641
Wholesale of textiles
46493
Wholesale of leather goods, luggage, giftware and
advertising articles
FINANCIAL
INFORMATION
Payment experience: within periods customary in this trade
Negative information:We have no negative
information at hand.
Maximum credit: 5.000 EUR
Balance sheet year: 2009
REAL
ESTATE
Type of ownership: Tenant
Address Hoeschstr. 15
D 42289 Wuppertal
Land register documents were not available.
BANKERS
DEUTSCHE BANK PRIVAT UND GESCHÄFTSKUNDEN,
WUPPERTAL
Sort. code: 33070024, BIC: DEUTDEDBWUP
FINANCIAL FIGURES
Turnover: 2009 EUR 370.000,00
Employees:
2
The
aforementioned business figures may partly be estimated
information based on average values in the
line of business.
BALANCE
SHEETS
Balance sheet ratios 2009
Equity ratio [%]: -10,03
Liquidity ratio: 0,53
Return on total capital [%]: -4,57
Balance sheet ratios 2008
Equity ratio [%]: -6,06
Liquidity ratio: 0,41
Return on total capital [%]: -25,14
Balance sheet ratios 2007
Equity ratio [%]: 14,11
Liquidity ratio: 0,96
Return on total capital [%]: 4,13
Equity ratio
The
equity ratio indicates the portion of the equity as compared
to the
total capital. The higher the equity ratio, the better the
economic stability (solvency) and thus the
financial autonomy of
a
company.
Liquidity ratio
The
liquidity ratio shows the proportion between adjusted
receivables and net liabilities. The higher
the ratio, the lower
the
company's financial dependancy from external creditors.
Return on total capital
The
return on total capital shows the efficiency and return on
the
total capital employed in the company. The higher the return
on
total capital, the more economically does the company work
with the invested capital.
Type
of balance
sheet: Company balance sheet
Financial year: 01.01.2009 - 31.12.2009
ASSETS EUR 325.060,01
Fixed assets
EUR 47.619,50
Tangible assets
EUR 47.619,50
Other / unspecified tangible assets
EUR 47.619,50
Current assets
EUR 237.633,05
Stocks
EUR 55.674,49
Accounts receivable
EUR 153.628,83
Other debtors and assets
EUR 153.628,83
Liquid means
EUR 28.329,73
Remaining other assets
EUR 39.807,46
Accruals (assets)
EUR 10.186,00
Deficit not covered by shareholders'
equity
EUR 29.621,46
LIABILITIES EUR 325.060,01
Shareholders' equity
EUR 0,00
Capital
EUR 25.000,00
Subscribed capital (share capital)
EUR 25.000,00
Balance sheet profit/loss (+/-)
EUR -54.621,46
Profit / loss brought forward
EUR -41.113,70
Annual surplus / annual deficit
EUR -13.507,76
Other shareholders' equity (+/-)
EUR 29.621,46
Deficit not covered by shareholders'
equity
EUR 29.621,46
Provisions
EUR 7.269,00
Liabilities
EUR 317.791,01
Other liabilities
EUR 317.791,01
Unspecified other liabilities
EUR 317.791,01
Type
of balance
sheet: Company balance sheet
Financial year: 01.01.2008 - 31.12.2008
ASSETS EUR 281.934,84
Fixed assets
EUR 11.752,50
Tangible assets
EUR 11.752,50
Current assets
EUR 251.008,45
Stocks
EUR 94.523,48
Accounts receivable
EUR 83.986,47
Liquid means
EUR 72.498,50
Remaining other assets EUR 19.173,89
Accruals (assets)
EUR 3.060,19
Deficit not covered by shareholders'
equity
EUR 16.113,70
LIABILITIES EUR 281.934,84
Shareholders' equity
EUR 0,00
Capital
EUR 25.000,00
Subscribed capital (share capital)
EUR 25.000,00
Balance sheet profit/loss (+/-) EUR -41.113,70
Profit / loss brought forward
EUR 25.725,41
Annual surplus / annual deficit
EUR -66.839,11
Other shareholders' equity (+/-)
EUR 16.113,70
Deficit not covered by shareholders'
equity
EUR 16.113,70
Provisions
EUR 4.264,00
Liabilities
EUR 277.670,84
MIRA INFORM REPORT
|
Report Date : |
18.03.2010 |
IDENTIFICATION DETAILS
|
Name : |
SALUBRIS GMBH |
|
|
|
|
Registered Office : |
Hoeschstr.
15, 42289 |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2008 |
|
|
|
|
Date of Incorporation : |
03.11.2005 |
|
|
|
|
Com. Reg. No.: |
HRB
19423 |
|
|
|
|
Legal Form : |
Private
Limited Company |
|
|
|
|
Line of Business : |
Agents
involved in the sale of other 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
5.000,00. |
|
Status : |
Satisfactory |
|
Payment Behaviour : |
No Complaints |
|
Litigation : |
Clear |
name
&address
SALUBRIS GmbH
Hoeschstr. 15
42289 Wuppertal
Telephone: 0177/7577623
Telefax:
0121/2592865037
Homepage:
www.salubris-gmbh.de
E-Mail:
sales@salubris-gmbh.de
VAT
no
DE244495341
CONCLUSION
The maximum credit is EUR 5.000,00.
Business relations are permissible.
summary
LEGAL FORM Private
limited company
Shareholders' agree-ment: 22.08.2005
Registered on: 03.11.2005
Commercial Register: Local court 42103 WUPPERTAL
under: HRB
19423
Share capital: EUR 25.000,00
Shareholder
SARAF TRADING CORPORATION PVT. LTD.
IND Kochi (Kerala)
Legal form: Other legal form
Share: EUR 25.000,00
Manager
Arvind Gopal Verma
90402 Nürnberg
having sole power of representation
born 30.01.1968
BUSINESS
HISTORY
BUSINESS
ACTIVITIES
4618
Agents involved in the sale of other goods
46389
Wholesale of food n.e.c.
4641
Wholesale of textiles
46493
Wholesale of leather goods, luggage,
giftware and advertising articles
FINANCIAL
INFORMATION
Payment experience: taking full advantage of periods as agreed
upon
REAL
ESTATE
Type of ownership: Tenant
Address Hoeschstr.
15
42289 Wuppertal
Land register documents were not available.
BANKERS
DEUTSCHE BANK PRIVAT UND GESCHÄFTSKUNDEN,
WUPPERTAL
Sort. code: 33070024
FIGURES
Turnover: 2008 EUR 360.000,00
2009
EUR 370.000,00
Employees:
2
The aforementioned business figures may
partly be estimated information based on average values in the line of
business.
BALANCE
SHEETS
Type of balance sheet: Company balance sheet
Financial year end: 31.12.2008
ASSETS
281.934,84
Fixed assets
11.752,50
Tangible assets
11.752,50
Current assets
251.008,45
Stocks
94.523,48
Accounts receivable 83.986,47
Liquid means
72.498,50
Remaining other assets 19.173,89
Accruals (assets) 3.060,19
Deficit not covered by shareholders'
equity 16.113,70
LIABILITIES
281.934,84
Shareholders' equity 0,00
Capital
25.000,00
Subscribed capital (share capital) 25.000,00
Balance sheet profit/loss (+/-) -41.113,70
Profit / loss brought forward 25.725,41
Annual surplus / annual deficit -66.839,11
Other shareholders' equity (+/-) 16.113,70
Deficit not covered by shareholders'
equity
16.113,70
Provisions
4.264,00
Liabilities
277.670,84
The given amounts are EUR values.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.44.27 |
|
|
1 |
Rs.72.08 |
|
Euro |
1 |
Rs.63.66 |
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 |
|
-- |
NB |
New Business |
-- |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.