MIRA INFORM REPORT

 

 

Report Date :

25.02.2011

 

IDENTIFICATION DETAILS

 

Name :

KEMIRA GERMANY GMBH 

 

 

Registered Office :

Marie-Curie-Str. 10, 51377 Leverkusen

 

 

Country :

Germany

 

 

Date of Incorporation :

13.03.2006

 

 

Com. Reg. No.:

HRB 57319

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Manufacturer of other chemical products

 

RATING & COMMENTS

 

MIRA’s Rating :

A

 

RATING

STATUS

PROPOSED CREDIT LINE

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

 

Maximum Credit Limit :

250.000 EUR

Status :

Good

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 – June 30, 2010

 

Country Name

Previous Rating

                   (01.04.2010)                  

Current Rating

(30.06.2010)

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 

 

Kemira Germany GmbH

Marie-Curie-Str. 10

51377 Leverkusen

 

 

Financial Information

 

Payment experience:           within periods customary in this trade

Negative information:           We have no negative information at hand.

Maximum credit:                 250.000 EUR

 

 

Conclusion

 

The maximum credit is EUR 250.000,00.                                                                                                

 

 

Communication data

 

Main address

Address:           Marie-Curie-Str. 10

D 51377 Leverkusen

Telephone:        0214/206900

Telefax: 0214/20690250

Homepage:        www.kemira.de

E-mail:              Brigitte.Schumann@kemira.com

VAT no.:           DE204691533

 

 

Legal form

 

Legal form:                         Private limited company                                                                         

Date of foundation:              07.08.1998                                                                                            

Shareholders' agreement:     07.08.1998                                                                                            

Registered on:                    13.03.2006                                                                                            

Commercial Register:          Local court 50939 Köln, HRB 57319                                                        

Share capital:                     78.000,00 EUR                                                                                      

 


Shareholder  

 

Kemira OYJ

SF - Helsinki

 

Legal form:        Other legal form

Reg. data:         HRB

Share: 78.000,00 EUR

 

 

Manager    

 

Michael Andrae

D 40721 Hilden

having sole power of representation

 

born:     12.11.1959

 

           

Further functions/participations of:

Michael Andrae

 

Manager         

Kemira Germany Sales GmbH

Marie-Curie-Str. 10

D 51377 Leverkusen

 

Legal form:        Private limited company

Share capital:    25.000,00 EUR

Registered on:   30.09.2010

Reg. data:         50939 Köln, HRB 70386

 

Proxy  

Dr. Peter zum Hebel

D 63755 Alzenau

authorized to jointly represent the company

 

born:     14.01.1961

 

Proxy  

Jörg Möller

D 20099 Hamburg

authorized to jointly represent the company

 

born:     14.11.1960

 

Proxy  

Axel Seitz

D 30966 Hemmingen

authorized to jointly represent the company

 

born:     14.08.1952

           

 

Proxy  

Rudolf Radke

Westend 6

D 64832 Babenhausen

authorized to jointly represent the company

 

born:     24.09.1951

           

Proxy  

Dr. Klaus-Dieter Schultz

D 40789 Monheim

authorized to jointly represent the company

 

born:     01.01.1950

 

  

Company history

 

from:                               

07.08.1998                       Kemira Kemwater GmbH, Langstr. 60
D 63450 Hanau                 Private limited company

10.03.2006                       Kemira PPC Germany GmbH, Langstr. 60
D 63450 Hanau                 Private limited company

13.03.2006                       Kemira PPC Germany GmbH, Kaiser-Wilhelm-Allee 5
D 51373 Leverkusen          Private limited company

01.04.2007                       Kemira PPC Germany GmbH, Marie-Curie-Str. 10
D 51377 Leverkusen          Private limited company

 

 

Business activities / Sectors

 

Sector (WZ 08)

20590               Manufacture of other chemical products n.e.c.

46750               Wholesale of chemical products

 

 

Participations

 

Shareholder

Kemira Germany Sales GmbH
Marie-Curie-Str. 10
D 51377 Leverkusen
Share: 25.000,00 EUR
Legal form: Private limited company
Share capital: 25.000,00 EUR
Reg. data: 30.09.2010
Local court 50939 Köln
HRB 70386

 

 

Real estate

 

Real Estate

Type of ownership:              Tenant

Address:                            Marie-Curie-Str. 10
51377 Leverkusen

Land register documents were not available.

 

 

Bankers

 

Sort. code          Bank name/place

50680002           COMMERZBANK VORMALS DRESDNER BANK, HANAU

 

 

Financial figures

 

Financial year:  01.01.   -           31.12.

 

Turnover                                                     2008                                             122.121.887,00 EUR

Turnover                                                     2009                                             102.580.906,00 EUR

Profit                                                       2008                                               -9.875.090,00 EUR

Profit                                                       2009                                               -154.243,00 EUR

Share capital                                                                                                  78.000,00 EUR

Equipment                                                                                                     6.852.426,00 EUR

Ac/ts receivable                                                                                              10.878.754,00 EUR

Liabillities                                                                                                      7.918.377,00 EUR

Employees                                                                                                    210

 

 

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

 

 

There may have been some changes since our last research took place. Therefore, a freshly researched report will follow shortly.

 


FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.45.37

UK Pound

1

Rs.73.54

Euro

1

Rs.62.39

 

 

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

 

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.