MIRA INFORM REPORT

 

 

Report Date :

30.08.2011

 

IDENTIFICATION DETAILS

 

Name :

JÜRGEN KLEIN KG

 

 

Registered Office :

Auf der Pferdeweide 24 D 57223 Kreuztal

 

 

Country :

Germany

 

 

Year of Establishment :

1981

 

 

Com. Reg. No.:

HRA 5717

 

 

Legal Form :

Limited partnership

 

 

Line of Business :

Retail sale of household articles

 

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 :

75,000 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 and address

 

Jürgen Klein KG

 

Company Status:      active

 

Main address:

Auf der Pferdeweide 24

D 57223 Kreuztal

Telephone:02732/79480

Telefax:  02732/794899

Homepage: www.jkkg.de

E-mail:   info@jkkg.de

 

 

Registration data

 

LEGAL FORM               Limited partnership

Date of foundation:         1981

Registered on:               01.06.1988

Register of

companies:                   Local court 57072 Siegen

under:                                       HRA 5717

 

 

Total cap. contribution               

 

EUR            511,291.88

 

 

Limited partner

 

Gunnar Klein

Bottenbacher Str. 48

D 57223 Kreuztal

born: 14.01.1970

Share:             EUR            396,251.21

 

Limited partner:

Ansgar Klein

Hof Wurmbach 14

D 57223 Kreuztal

born: 05.02.1971

Share:             EUR            115,040.67

 

General partner:

Jürgen Klein

Auf der Hube 56

D 57223 Kreuztal

born: 04.12.1939

Marital status: married

 

General partner:

Jürgen Klein Verwaltungs GmbH

Auf der Pferdeweide 24

D 57223 Kreuztal

Legal form: Private limited company

Share capital:     EUR             25,000.00

Registered on: 11.03.2011

Reg. data: 57072 Siegen, HRB 9436

 

Shareholder:

Ansgar Klein

Hof Wurmbach 14

D 57223 Kreuztal

born: 05.02.1971

Share:             EUR             10,000.00

 

Shareholder:

Gunnar Klein

Bottenbacher Str. 48

D 57223 Kreuztal

born: 14.01.1970

Share:             EUR             10,000.00

 

Shareholder:

Jürgen Klein

Auf der Hube 56

D 57223 Kreuztal

born: 04.12.1939

Share:             EUR              5,000.00

 

Manager:

Jürgen Klein

Auf der Hube 56

D 57223 Kreuztal

having sole power of representation

born: 04.12.1939

Marital status: married

 

Manager:

Ansgar Klein

Hof Wurmbach 14

D 57223 Kreuztal

authorized to jointly represent the company

born: 05.02.1971

 

 

Manager:

Gunnar Klein

Bottenbacher Str. 48

D 57223 Kreuztal

authorized to jointly represent the company

born: 14.01.1970

 

Proxy:

Gunnar Klein

Bottenbacher Str. 48

D 57223 Kreuztal

authorized to jointly represent the company

born: 14.01.1970

 

 

Further functions/participations of Jürgen Klein

(General partner)

 

Shareholder:

Jürgen Klein Verwaltungs GmbH

Auf der Pferdeweide 24

D 57223 Kreuztal

Legal form: Private limited company

Share capital:     EUR             25,000.00

Share:             EUR              5,000.00

Registered

on:         11.03.2011

Reg. data:  57072 Siegen, HRB 9436

 

Manager:

Jürgen Klein Verwaltungs GmbH

Auf der Pferdeweide 24

D 57223 Kreuztal

Legal form: Private limited company

Share capital:     EUR             25,000.00

Registered

on:         11.03.2011

Reg. data:  57072 Siegen, HRB 9436

 

 

COMPANY HISTORY

 

1981 - 1987              Jürgen Klein

                         D 57223 Kreuztal

                         Unregistered commercial enterprise

01.06.1988 - 11.01.2001  Verkaufsagentur Jürgen Klein

                         Bottenbacher Str. 46a

                         D 57223 Kreuztal

                         Sole proprietorship

12.01.2001 - 13.01.2001  Jürgen Klein KG

                         Auf der Pferdeweide 24

                         D 57223 Kreuztal

                         Limited partnership

 

 

BUSINESS ACTIVITIES

 

Sectors

47599   Retail sale of household articles n.e.c.

 

 

FINANCIAL INFORMATION

 

Payment experience:  cash discount/within agreed terms

 

Negative information:We have no negative information at hand.

 

Maximum credit:      75,000 EUR

 

 

REAL ESTATE

 

Type of ownership:   Tenant

Address              Auf der Pferdeweide 24

                     D 57223 Kreuztal

 

Real Estate of:      Jürgen Klein Verwaltungs GmbH

Type of ownership:   Tenant

Address              Auf der Pferdeweide 24

                     D 57223 Kreuztal

 

Land register documents were not available.

 

 

BANKERS

 

DEUTSCHE BANK, SIEGEN

Sort. code: 46070090, BIC: DEUTDEDK460

SPARKASSE SIEGEN, SIEGEN

Sort. code: 46050001, BIC: WELADED1SIE

VOLKSBANK SIEGERLAND, SIEGEN

Sort. code: 46060040, BIC: GENODEM1SNS

 

 

FINANCIAL FIGURES

 

Financial year:      01.01. - 31.12.

Turnover:            2009               EUR          3,000,000.00

Employees:                                                      8

- Temporary workers:                                            4

 

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.45.87

UK Pound

1

Rs.75.14

Euro

1

Rs.66.68

 

 

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%)

 

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.