MIRA INFORM REPORT

 

 

Report Date :

26.12.2011

 

IDENTIFICATION DETAILS

 

Name :

R & B PROFILSERVICE GMBH & CO. KG

 

 

Registered Office :

Erwin-Topp-Str. 6 D 44866 Bochum

 

 

Country :

Germany

 

 

Financials (as on) :

31.12.2009

 

 

Date of Incorporation :

17.06.2009

 

 

Com. Reg. No.:

HRA 6375

 

 

Legal Form :

Ltd partnership with priv. ltd. company as general partner

 

 

Line of Business :

Wholes of metal and plastic goods for construction purposes

 

 

No. of Employees :

2

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Maximum Credit Limit :

34,000 EUR

Status :

Moderate

Payment Behaviour :

No Complaints

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 30, 2011

 

Country Name

Previous Rating

(30.06.2011)

Current Rating

(30.09.2011)

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

 

R & B Profilservice GmbH & Co. KG

 

Company Status:      active

 

Main address:

Erwin-Topp-Str. 6

D 44866 Bochum

Telephone:02327/9652250

Telefax:  02327/9652251

Homepage: www.rb-profilservice.de

E-mail:   info@rb-profilservice.de

 

 

Tax ID number      

 

350/5756/0330

 

 

Registration data

 

LEGAL FORM               Ltd partnership with priv. ltd. company as

                                    general partner

Date of foundation:         17.06.2009

Registered on:               17.06.2009

Register of

companies:                   Local court 44787 Bochum

under:                           HRA 6375

 

 

Total cap. contribution             

 

EUR              2,000.00

 

 

Limited partner

 

Andreas Bόnemann

D 44866 Bochum

born: 28.05.1981

Share:             EUR              1,000.00

 

Limited partner:

Maik Reckermann

Gartenstr. 89

D 44869 Bochum

born: 05.02.1971

Share:             EUR              1,000.00

 

General partner:

R & B Profilservice Verwaltungs GmbH

Erwin-Topp-Str. 6

D 44866 Bochum

Legal form: Private limited company

Share capital:     EUR             25,000.00

Registered on: 10.06.2009

Reg. data: 44787 Bochum, HRB 12199

 

Shareholder:

Maik Reckermann

Gartenstr. 89

D 44869 Bochum

born: 05.02.1971

Share:             EUR             25,000.00

 

Manager:

Maik Reckermann

Gartenstr. 89

D 44869 Bochum

having sole power of representation

born: 05.02.1971

 

 

BUSINESS ACTIVITIES

 

Sectors

46743   Wholes of metal and plastic goods for construction

purposes

96090   Other service activities n. e. c.

 

 

FINANCIAL INFORMATION

 

Payment experience:     without complaints

 

Negative information:      We have no negative information at hand.

 

Maximum credit:            34,000 EUR

 

Balance sheet year:       2009

 

 

 

REAL ESTATE

 

Type of ownership:   Tenant

Address              Erwin-Topp-Str. 6

                     D 44866 Bochum

 

Real Estate of:      R & B Profilservice Verwaltungs GmbH

Type of ownership:   Tenant

Address              Erwin-Topp-Str. 6

                     D 44866 Bochum

 

Land register documents were not available.

 

 

BANKERS

 

SPARKASSE BOCHUM, BOCHUM

Sort. code: 43050001, BIC: WELADED1BOC

 

 

FINANCIAL FIGURES

 

Turnover:            2009               EUR          1,800,000.00

                     2010               EUR          2,000,000.00

further business figures:

Liabillities:                           EUR            173,268.00

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 17.06.2009 - 31.12.2009

Equity ratio [%]:                -30.15

Return on total capital [%]:       6.58

Balance sheet grade:                4.1

 

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.

 

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.

 

Balance sheet grade

The balance sheet grade is based on the following ratios: equity

ratio, liquidity ratio and return on total capital from the

balance sheets published in the Federal Gazette.

 

Type of balance

sheet:               Company balance sheet

 

Financial year:      17.06.2009 - 31.12.2009

 

ASSETS                                  EUR            175,735.91

 Fixed assets                           EUR              3,739.00

  Tangible assets                       EUR              3,739.00

 Current assets                         EUR            130,428.75

  Liquid means                          EUR            130,428.75

 Remaining other assets                 EUR             41,568.16

  Accruals (assets)                     EUR                862.86

  Deficit not covered by shareholders'

  equity                                EUR             40,705.30

 

LIABILITIES                             EUR            175,735.91

 Shareholders' equity                   EUR                  0.00

  Capital                               EUR            -49,594.69

   Capital of the fully liable partner

   (LP, general partnership)            EUR             24,222.85

    Capital contribution of gen.

    partner/accounts of the pers. liable

    shareholder                         EUR             24,222.85

   Limited partner's capital / capital

   of partially liable partner (LP)     EUR            -73,817.54

  Balance sheet profit/loss (+/-)       EUR              8,889.39

   Annual surplus / annual deficit      EUR              8,889.39

  Other shareholders' equity (+/-)      EUR             40,705.30

   Deficit not covered by shareholders'

   equity                               EUR             40,705.30

 Provisions                             EUR              2,467.30

 Liabilities                            EUR            173,268.61

 

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.52.72

UK Pound

1

Rs.82.70

Euro

1

Rs.68.90

 

 

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.