MIRA INFORM REPORT
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Report Date : |
02.12.2011 |
IDENTIFICATION DETAILS
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Name : |
I-H & S GMBH |
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Registered Office : |
Mairichweg 50, Aspach, 71546 |
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Country : |
Germany |
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Financials (as on) : |
30.06.2010 |
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Date of Incorporation : |
30.07.1987 |
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Com. Reg. No.: |
270805 |
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Legal Form : |
Private Independent Company |
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Line of Business : |
Wholesale of gramophone, audio tapes, compact discs and video tapes |
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No. of Employees
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24 Persons |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment
Behaviour : |
No Complaints |
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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 – September 30th, 2011
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Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
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Germany |
a1 |
a1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
Company name & address
I-H & S GmbH
Mairichweg 50
Aspach, 71546
Germany
Tel: +49 (0) 7191 34140
Fax: +49 (0) 7191 341414
Synthesis
Employees: 24
Company Type: Private Independent
Incorporation Date:
30-Jul-1987
Financials in: USD (Millions)
Fiscal Year End:
30-Jun-2010
Reporting Currency: Euro
Annual Sales: NA
Total Assets: 4.5
Business Description
I-H & S GmbH
is primarily engaged in wholesale of gramophone records, audio tapes, compact
discs and video tapes and of the equipment on which these are played; and
wholesale of radios and televisions; wholesale of electrical household
appliances not elsewhere classified.
Industry
Industry Appliance and Tool
ANZSIC 2006: 3494 - Other
Electrical and Electronic Goods Wholesaling
NACE 2002: 5143 - Wholesale
of electrical household appliances and radio and television goods
NAICS 2002: 4236 - Electrical
and Electronic Goods Merchant Wholesalers
UK SIC 2003: 5143 - Wholesale
of electrical household appliances and radio and television goods
US SIC 1987: 5084 - Industrial
Machinery and Equipment
Key Executives
Name Title
Lothar Schad Managing director
news
|
Title |
Date |
|
Heating oil
prices much higher than last year |
17-Sep-2011 |
|
On Deck |
10-Aug-2011 |
|
Making room
to grow Twin Ports businesses |
14-Jul-2011 |
|
Special
Notice - McCloskey Nuclear Business Electronic Newsletter |
1-Jun-2011 |
|
Energy
Dept. Panel to Revise Standards for Gas Extraction |
6-May-2011 |
Registered No.(DEU): 270805
1 - Profit & Loss Item Exchange Rate: USD 1 = EUR 0.7214831
2 - Balance Sheet Item Exchange Rate: USD 1 = EUR 0.8163932
Corporate Overview
Location
Mairichweg 50
Aspach, 71546
Germany
Tel: +49 (0) 7191 34140
Fax: +49 (0) 7191 341414
Sales EUR(mil): NA
Assets EUR(mil): 3.7
Employees: 24
Fiscal Year End: 30-Jun-2010
Industry: Appliance
and Tool
Incorporation Date: 30-Jul-1987
Company Type: Private
Independent
Quoted Status: Not
Quoted
Registered No.(DEU): 270805
Managing director: Lothar
Schad
Contents
· Industry Codes
· Business Description
· Financial Data
· Key Corporate Relationships
Industry Codes
ANZSIC 2006 Codes:
3494 - Other Electrical and Electronic Goods Wholesaling
8219 - Adult, Community and Other Education Not Elsewhere
Classified
692 - Architectural, Engineering and Technical Services
32 - Construction Services
NACE 2002 Codes:
4525 - Other construction work involving special trades
5143 - Wholesale of electrical household appliances and radio and
television goods
8042 - Adult and other education not elsewhere classified
7420 - Architectural and engineering activities and related
technical consultancy
NAICS 2002 Codes:
4236 - Electrical and Electronic Goods Merchant Wholesalers
61169 - All Other Schools and Instruction
5413 - Architectural, Engineering, and Related Services
238 - Specialty Trade Contractors
US SIC 1987:
5084 - Industrial Machinery and Equipment
871 - Engineering, Architectural, and Surveying
8299 - Schools and Educational Services, Not Elsewhere Classified
179 - Miscellaneous Special Trade Contractors
UK SIC 2003:
4525 - Other construction work involving special trades
5143 - Wholesale of electrical household appliances and radio and
television goods
8042 - Adult and other education not elsewhere classified
7420 - Architectural and engineering activities and related
technical consultancy
Business
Description
I-H & S GmbH is primarily engaged in wholesale of gramophone
records, audio tapes, compact discs and video tapes and of the equipment on
which these are played; and wholesale of radios and televisions; wholesale of
electrical household appliances not elsewhere classified.
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Executive report
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Executives |
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Managing director |
Managing Director |
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Annual Profit & Loss
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30-Jun-2010 |
30-Jun-2009 |
30-Jun-2008 |
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Period Length |
12 Months |
12 Months |
12 Months |
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Filed Currency |
EUR |
EUR |
EUR |
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Exchange Rate
(Period Average) |
0.721483 |
0.731067 |
0.681859 |
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Consolidated |
No |
No |
No |
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Provisions |
0.4 |
0.7 |
0.5 |
Annual Balance
Sheet
Financials in: USD
(mil)
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30-Jun-2010 |
30-Jun-2009 |
30-Jun-2008 |
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Filed Currency |
EUR |
EUR |
EUR |
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Exchange Rate |
0.816393 |
0.712936 |
0.634699 |
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Consolidated |
No |
No |
No |
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Issued capital |
0.2 |
0.2 |
0.2 |
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Profits for the year |
0.6 |
0.6 |
0.6 |
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Profit brought forward from previous
year(s) |
0.5 |
0.6 |
1.1 |
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Total stockholders
equity |
0.7 |
0.8 |
0.9 |
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Provisions and allowances |
0.4 |
0.7 |
0.5 |
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Total long-term
liabilities |
0.6 |
0.6 |
0.6 |
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Total current
liabilities |
2.8 |
4.3 |
5.9 |
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Total
liabilities (including net worth) |
4.5 |
6.5 |
7.9 |
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Organisational expenses |
0.0 |
0.1 |
0.1 |
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Intangibles |
0.0 |
0.0 |
0.0 |
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Total tangible
fixed assets |
0.2 |
0.3 |
0.4 |
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Total financial
assets |
0.0 |
0.0 |
0.0 |
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Total
non-current assets |
0.3 |
0.3 |
0.4 |
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Net stocks and work in progress |
2.5 |
3.3 |
3.2 |
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Total
receivables |
1.0 |
2.4 |
3.8 |
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Cash and liquid assets |
0.7 |
0.4 |
0.4 |
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Total current
assets |
4.2 |
6.1 |
7.4 |
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Prepaid expenses and deferred costs |
0.0 |
0.1 |
0.1 |
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Total assets |
4.5 |
6.5 |
7.9 |
Annual Ratios
Financials in: USD (mil)
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30-Jun-2010 |
30-Jun-2009 |
30-Jun-2008 |
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Period Length |
12 Months |
12 Months |
12 Months |
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Filed Currency |
EUR |
EUR |
EUR |
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Exchange Rate |
0.816393 |
0.712936 |
0.634699 |
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Consolidated |
No |
No |
No |
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Current ratio |
15.15 |
14.06 |
12.47 |
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Acid test ratio |
6.13 |
6.39 |
7.02 |
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Total liabilities to net worth |
0.45% |
0.63% |
0.74% |
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Net worth to total assets |
0.02% |
0.01% |
0.01% |
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Current liabilities to net worth |
0.37% |
0.55% |
0.68% |
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Current liabilities to stock |
0.11% |
0.13% |
0.18% |
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Fixed assets to net worth |
0.04% |
0.04% |
0.05% |
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Net worth |
0.7 |
0.8 |
0.9 |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.51.65 |
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UK Pound |
1 |
Rs.81.06 |
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Euro |
1 |
Rs.69.51 |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest capability
for timely payment of interest and principal sums |
Unlimited |
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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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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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%)
This report is issued at your request without any risk
and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its
officials.