MIRA INFORM REPORT

 

 

Report Date :           

09.08.2011

 

IDENTIFICATION DETAILS

 

Name :

STENZEL VERWALTUNGS GMBH

 

 

Registered Office :

Idsteiner Str. 29, D 65193 Wiesbaden

 

 

Country :

Germany

 

 

Financials (as on) :

31.12.2009

 

 

Date of Incorporation :

12.10.1999

 

 

Com. Reg. No.:

HRB 11569

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Wholesale of machine tools

 

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 :

10,000 EUR

Status :

Satisfactory

Payment Behaviour :

Regular

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 – March 31st, 2011

 

Country Name

Previous Rating

                   (31.12.2010)                  

Current Rating

(31.03.2011)

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

 Bottom of Form

 

Stenzel Verwaltungs GmbH

 

Main address:

Idsteiner Str. 29

D 65193 Wiesbaden

Telephone:        0611/50450

Telefax:             0611/504517

Homepage:        www.stenzel.de

E-mail:              info@stenzel.de

 

 

VAT no.

 

DE167953586

 

 

Synthesis

 

LEGAL FORM               Private limited company

Date of foundation:         22.06.1993

Shareholders'

agreement:                    22.06.1993

Registered on:               12.10.1999

Commercial Register:     Local court 65185 Wiesbaden

under:                                       HRB 11569

Share capital:                 EUR            127,822.97

 

 

Shareholder

 

Brigitta Solveig Stenzel

Idsteiner Str. 29

D 65193 Wiesbaden

born: 27.07.1953

née: Törner

Share:             EUR             41,925.93

 

Shareholder:

Joseph Werner Stenzel

Idsteiner Str. 29

D 65193 Wiesbaden

born: 30.06.1975

Share:             EUR             41,925.93

 

Shareholder:

Magnus Törner

Kettelerstr. 5

D 65193 Wiesbaden

born: 14.07.1960

Share:             EUR             41,414.65

 

Shareholder:

Bernd Dietrich

Eichelhäherstr. 20a

D 65205 Wiesbaden

born: 22.05.1948

Share:             EUR              1,278.23

 

Shareholder:

Jochen Schoppe

Niersteiner Str. 15

D 65428 Rüsselsheim

Share:             EUR              1,278.23

 

 

Manager

 

Brigitta Solveig Stenzel

Idsteiner Str. 29

D 65193 Wiesbaden

having sole power of representation

born: 27.07.1953

née: Törner

Marital status: married

 

 

Further functions/participations of Brigitta Solveig Stenzel

(Manager)

 

Shareholder:

STENZEL LEASFINANZ GmbH

Hagenauer Str. 21

D 65203 Wiesbaden

Legal form: Private limited company

dissolved

Share capital:     EUR            102,258.38

Share:             EUR            102,258.38

Registered

on:         14.12.1999

Reg. data:  65185 Wiesbaden, HRB 11653

 

Manager:

STENZEL LEASFINANZ GmbH

Hagenauer Str. 21

D 65203 Wiesbaden

Legal form: Private limited company

dissolved

Share capital:     EUR            102,258.38

Registered

on:         14.12.1999

Reg. data:  65185 Wiesbaden, HRB 11653

 

Liquidator:

STENZEL LEASFINANZ GmbH

Hagenauer Str. 21

D 65203 Wiesbaden

Legal form: Private limited company

dissolved

Share capital:     EUR            102,258.38

Registered

on:         14.12.1999

Reg. data:  65185 Wiesbaden, HRB 11653

 

 

BUSINESS ACTIVITIES

 

Sectors

46620   Wholesale of machine tools

7010   Activities of head offices

 

 

FINANCIAL INFORMATION

 

Payment experience:     Within periods customary in this trade

 

Negative information:      We have no negative information at hand.

 

Maximum credit:            10,000 EUR

 

Balance sheet year:       2009

 

 

REAL ESTATE

 

Type of ownership:         Tenant

Address                        Idsteiner Str. 29

                                     D 65193 Wiesbaden

 

Land register documents were not available.

 

 

BANKERS

 

POSTBANK, FRANKFURT AM MAIN

Sort. code: 50010060, Account no.: 621667600, BIC: PBNKDEFFXXX

 

 

FINANCIAL FIGURES

 

Turnover:            2009               EUR          1,300,000.00

Employees:                                                      7

- thereof permanent staff:                                      6

- Freelancer:                                                   1

 

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

 

 

BALANCE SHEETS

 

Balance sheet ratios 01.01.2009 - 31.12.2009

Equity ratio [%]:                 -8.76

Liquidity ratio:                   0.79

Return on total capital [%]:       1.60

 

Balance sheet ratios 01.01.2008 - 31.12.2008

Equity ratio [%]:                 -8.43

Liquidity ratio:                   0.88

Return on total capital [%]:       6.31

 

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            647,847.02

 Fixed assets                           EUR            113,718.87

  Tangible assets                       EUR             15,567.00

   Other / unspecified tangible assets  EUR             15,567.00

  Financial assets                      EUR             98,151.87

   Other / unspecified financial assets EUR             98,151.87

 Current assets                         EUR            190,407.75

  Accounts receivable                   EUR            158,239.79

   Other debtors and assets             EUR            158,239.79

  Liquid means                          EUR             32,167.96

 Remaining other assets                 EUR            343,720.40

  Accruals (assets)                     EUR              3,067.89

  Deficit not covered by shareholders'

  equity                                EUR            340,652.51

 

LIABILITIES                             EUR            647,847.02

 Shareholders' equity                   EUR                  0.00

  Capital                               EUR            127,822.97

   Subscribed capital (share capital)   EUR            127,822.97

  Balance sheet profit/loss (+/-)       EUR           -468,475.48

   Profit / loss brought forward        EUR           -472,623.89

   Annual surplus / annual deficit      EUR              4,148.41

  Other shareholders' equity (+/-)      EUR            340,652.51

   Deficit not covered by shareholders'

   equity                               EUR            340,652.51

 Provisions                             EUR            110,755.00

 Liabilities                            EUR            537,092.02

  Other liabilities                     EUR            537,092.02

   Unspecified other liabilities        EUR            537,092.02

 

Type of balance

sheet:               Company balance sheet

 

Financial year:      01.01.2008 - 31.12.2008

 

ASSETS                                  EUR            819,461.68

 Fixed assets                           EUR            108,558.29

  Intangible assets                     EUR                  0.00

  Tangible assets                       EUR             22,274.00

  Financial assets                      EUR             86,284.29

 Current assets                         EUR            364,177.45

  Stocks                                EUR              1,000.00

  Accounts receivable                   EUR            346,899.72

  Investments in current assets         EUR                  0.00

  Liquid means                          EUR             16,277.73

 Remaining other assets                 EUR            346,725.94

  Accruals (assets)                     EUR              1,925.02

  Deficit not covered by shareholders'

  equity                                EUR            344,800.92

 

LIABILITIES                             EUR            819,461.68

 Shareholders' equity                   EUR                  0.00

  Capital                               EUR            127,822.97

   Subscribed capital (share capital)   EUR            127,822.97

  Reserves                              EUR                  0.00

   Capital reserves                     EUR                  0.00

   Retained earnings / revenue reserves EUR                  0.00

  Balance sheet profit/loss (+/-)       EUR           -472,623.89

   Profit / loss brought forward        EUR           -499,824.52

   Annual surplus / annual deficit      EUR             27,200.63

  Other shareholders' equity (+/-)      EUR            344,800.92

   Deficit not covered by shareholders'

   equity                               EUR            344,800.92

 Provisions                             EUR            106,762.00

 Liabilities                            EUR            712,699.68

 Other liabilities                      EUR                  0.00

  Deferrals (liabilities)               EUR                  0.00

 

Inconsistent balance sheets:

Financial year                              published on

01.01.2007 - 31.12.2007                     16.07.2009

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.44.96

UK Pound

1

Rs.73.94

Euro

1

Rs.64.56

 

 

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

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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.