MIRA INFORM
REPORT
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Report Date : |
23.02.2011 |
IDENTIFICATION DETAILS
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Correct Name : |
INNOVATIONS-CLUB
HANDELSGESELLSCHAFT MBH & CO. KOMMANDITGESELLSCHAFT |
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Registered Office : |
Raiffeisenstr. 15-18, D 40764 Langenfeld |
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Country : |
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Financials (as on) : |
31.12.2009 |
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Date of Incorporation : |
01.01.1994 |
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Com. Reg. No.: |
HRA 16169 |
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Legal Form : |
Ltd Partnership With Priv. Ltd. Company As General Partner |
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Line of Business : |
Other Service Activities. |
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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Maximum Credit Limit : |
250.000 EUR |
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Status : |
Satisfactory |
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Payment
Behaviour : |
Regular |
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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 – June 30, 2010
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Country Name |
Previous Rating (01.04.2010) |
Current Rating (30.06.2010) |
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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
INNOVATIONS-CLUB Handelsgesellschaft mbH & Co. Kommanditgesellschaft
Company address
Raiffeisenstr. 15-18
D 40764 Langenfeld
Telephone:02173/992021
Telefax: 02173/992090
Homepage: www.strauss-innovation.de
VAT
no
DE811602722
Synthesis
LEGAL FORM Ltd partnership with priv. ltd. company as general partner
Date of foundation : 01.01.1994
Registered on : 30.03.1994
Register of companies : Local court 40213 Düsseldorf
Under : HRA 16169
Total cap. Contribution : EUR 2.150.000,00
Limited partner
Alldata
Gesellschaft mit beschränkter
Haftung
Heinrich-Höschler-Str.
29
D 50226 Frechen
Legal form: Private
limited company
Share
capital: EUR 48.870,81
Share: EUR
1.075.000,00
Registered on:
18.09.1973
Reg. data: 50939
Köln, HRB 5985
Limited partner:
Peter Ludwig
Geringhoff
Hofstr. 1
D 40723
born: 24.12.1939
Share: EUR
430.000,00
Limited partner:
Peter Geringhoff
jun.
Poststr. 28
D 40764 Langenfeld
born: 10.10.1969
Share: EUR 161.250,00
Limited partner:
Marie-Louise
Schröder
Parkweg 9
D 50259 Pulheim
born: 04.04.1968
née: Geringhoff
Share: EUR
161.250,00
Limited partner:
Philipp Maximilian
Geringhoff
D 40699 Erkrath
born: 05.11.1975
Share: EUR 161.250,00
Limited partner:
Sebastian Moritz
Geringhoff
Wildenburgstr. 28
D 50935 Köln
born: 03.05.1979
Share: EUR 161.250,00
General partner
INNOVATIONS-CLUB
Verwaltungs GmbH
Raiffeisenstr.
15-18
D 40764 Langenfeld
Legal form:
Private limited company
Share
capital: EUR 25.000,00
Registered on:
11.03.2008
Reg. data: 40213
Düsseldorf, HRB 58369
Shareholder
Walzer B.V.
H-Tower, Floor 4,
Boulevard
NL 1118 BJ Shiphol
Legal form:
Private limited company
Share: EUR
25.000,00
Manager
Frank Eischet
D 51067 Köln
born: 21.02.1970
Manager:
Thorsten Hermelink
D 20095
born: 29.07.1969
Manager:
Helmut Johannsson
D 24628 Hartenholm
born: 24.05.1960
Proxy
Axel Wolfgang
Witte
D 40472
authorized to
jointly represent the company
born: 29.07.1960
Proxy:
Andre Gerber
D 40764 Langenfeld
authorized to
jointly represent the company
born: 15.07.1972
RESIGNED ACTING PERSONS AND SHAREHOLDERS
General partner
ALPHA DREI Unternehmensverwaltungs-GmbH
D 50226 Frechen
BUSINESS ACTIVITIES
Sectors
96090
Other service activities n. e. c.
FINANCIAL INFORMATION
Payment experience: Cash discount/within agreed terms
Negative information: We have no negative information at hand.
Maximum credit: 250.000
EUR
Balance sheet year: 2009
REAL ESTATE
Type of ownership: Tenant
Address Raiffeisenstr.
15-18
D 40764 Langenfeld
Private real estate
Name :
INNOVATIONS-CLUB Verwaltungs GmbH
Type of ownership : Tenant
Address Raiffeisenstr.
15-18
D 40764 Langenfeld
Land register documents were not available.
BANKERS
STADTSPARKASSE DÜSSELDORF, DÜSSELDORF
Sort. code: 30050110, BIC: DUSSDEDDXXX
WESTLB DÜSSELDORF, DÜSSELDORF
Sort. code: 30050000, BIC: WELADEDDXXX
COMMERZBANK VORMALS DRESDNER BANK, DÜSSELDORF
Sort. code: 30080000, BIC: DRESDEFF300
DEUTSCHE BANK, KÖLN
Sort. code: 37070060, BIC: DEUTDEDKXXX
COMMERZBANK, KÖLN
Sort. code: 37040044, BIC: COBADEFF370
FINANCIAL FIGURES
Turnover: 2009 EUR 95.689.703,00
2010
EUR 100.000.000,00
Profit: 2009
EUR 2.150.000,00
further business figures:
Employees:
95
BALANCE SHEETS
Balance sheet ratios 2009
Equity ratio [%] : -3,88
Liquidity ratio : 0,58
Return on total capital [%] :
-0,86
Balance sheet ratios 2008
Equity ratio [%] :
-4,83
Liquidity ratio :
0,53
Return on total capital [%] :
8,32
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 22.765.795,03
Fixed
assets EUR 122.652,51
Intangible
assets EUR 14.480,00
Concessions, licences, rights
EUR 14.480,00
Tangible
assets EUR 108.172,51
Other
tangible assets / fixtures and
fittings
EUR 108.172,51
Current
assets EUR 22.643.142,52
Stocks EUR 7.544.953,26
Finished
goods / work in progress EUR 7.544.953,26
Accounts
receivable EUR 12.682.311,70
Trade
debtors EUR 3.147,80
Amounts due
from related companies EUR 12.379.825,40
Other
debtors and assets EUR 299.338,50
Liquid
means EUR 2.415.877,56
LIABILITIES EUR 22.765.795,03
Shareholders'
equity EUR 1.202.525,72
Capital EUR 1.202.525,72
Limited
partner's capital / capital
of
partially liable partner (LP)
EUR 1.202.525,72
Limited
partner's capital, fixed
capital, capital
account I EUR 1.202.525,72
Provisions EUR 819.400,00
Other /
unspecified provisions EUR 819.400,00
Liabilities EUR 20.743.869,31
Financial
debts EUR 6.266.441,61
Liabilities
due to banks EUR 6.266.441,61
Other
liabilities EUR 14.477.427,70
Trade
creditors (for IAS incl. bills
of
exchange) EUR 12.126.556,76
Liabililties due to related companiesEUR 1.507.887,63
Unspecified
other liabilities EUR 842.983,31
Profit and loss account (cost-summary method)
according to Comm.
Code (HGB)
Sales EUR 95.689.703,02
Other
operating income EUR 10.253.815,08
Cost of
materials EUR 87.713.211,17
Raw
materials and supplies, purchased
goods EUR 80.556.211,17
Purchased
services EUR 7.157.000,00
Gross result
(+/-) EUR 18.230.306,93
Staff
expenses EUR 3.852.471,47
Wages and salaries EUR 3.240.822,50
Social
security contributions and
expenses for
pension plans and
benefits
EUR 611.648,97
Total
depreciation EUR 115.952,73
Depreciation
on tangible / intangible
asssets
(incl. start-up and exp. of
bus. EUR 115.952,73
Other
operating expenses EUR 14.433.993,95
Operating
result from continuing
operations
EUR -172.111,22
Interest
result (+/-) EUR -334,63
Interest and
similar expenses EUR 334,63
Financial
result (+/-) EUR -334,63
Result from
ordinary operations (+/-) EUR -172.445,85
Extraordinary
income EUR 2.543.520,00
Extraordinary
expenses EUR 215.132,13
Extraordinary
result (+/-) EUR 2.328.387,87
Other taxes /
refund of taxes EUR -5.942,02
Tax
(+/-)
EUR -5.942,02
Annual
surplus / annual deficit EUR 2.150.000,00
Type of balance
sheet:
Company balance sheet
Financial year:
01.01.2008 - 31.12.2008
ASSETS EUR 21.108.438,35
Fixed
assets EUR 196.117,51
Intangible
assets EUR 52.046,00
Concessions,
licences, rights EUR 52.046,00
Tangible
assets EUR 144.071,51
Other
tangible assets / fixtures and
fittings
EUR 144.071,51
Current
assets EUR 19.952.156,23
Stocks EUR 8.358.798,08
Finished
goods / work in progress EUR 8.358.798,08
Accounts
receivable EUR 9.241.762,14
Trade
debtors EUR 86.458,75
Amounts due
from related companies EUR 8.439.745,45
Other
debtors and assets EUR 715.557,94
Liquid
means EUR 2.351.596,01
Remaining
other assets EUR 960.164,61
Accruals
(assets) EUR 12.690,33
Deficit not
covered by shareholders'
equity EUR 947.474,28
LIABILITIES EUR 21.108.438,35
Provisions EUR 1.272.100,00
Other /
unspecified provisions EUR 1.272.100,00
Liabilities EUR 19.836.338,35
Financial
debts EUR 4.351.265,69
Liabilities
due to banks EUR 4.351.265,69
Other
liabilities EUR 15.485.072,66
Trade
creditors (for IAS incl. bills
of
exchange) EUR
14.115.752,35
Liabililties due to related companiesEUR 807.635,61
Unspecified
other liabilities EUR 561.684,70
Guarantees
and other commitments EUR 15.205.000,00
Guarantees /
warranties EUR 521.000,00
Guarantees
EUR 401.000,00
Warranties
EUR 120.000,00
Liability
from creation of a security
interest for
third parties EUR 14.684.000,00
Profit and loss account (cost-summary method)
according to Comm.
Code (HGB)
Sales EUR 113.507.859,75
Other
operating income EUR 2.280.917,37
Cost of
materials EUR 103.382.369,83
Raw
materials and supplies, purchased
goods EUR 94.933.369,83
Purchased
services EUR 8.449.000,00
Gross result
(+/-) EUR 12.406.407,29
Staff
expenses EUR 5.246.938,88
Wages and
salaries EUR 4.487.584,05
Social
security contributions and
expenses for
pension plans and
benefits EUR 759.354,83
Total
depreciation EUR 146.805,38
Depreciation
on tangible / intangible
asssets
(incl. start-up and exp. of
bus. EUR 146.805,38
Other
operating expenses EUR 4.853.580,01
Operating
result from continuing
operations EUR 2.159.083,02
Interest
result (+/-) EUR -412.643,24
Interest and
similar income EUR 5.489,44
Interest and
similar expenses EUR 418.132,68
Other
financial result EUR -71.000,00
Depreciation
on financial assets and
marketable
securities EUR 71.000,00
Financial
result (+/-) EUR -483.643,24
Result from
ordinary operations (+/-) EUR 1.675.439,78
Extraordinary
expenses EUR 2.810.467,87
Extraordinary
result (+/-) EUR -2.810.467,87
Annual surplus / annual deficit
EUR -1.135.028,09
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.45.20 |
|
|
1 |
Rs.73.07 |
|
Euro |
1 |
Rs.61.41 |
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 |
|
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 |
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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 |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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NB |
New Company |
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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.