MIRA INFORM REPORT
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Report Date : |
23.02.2011 |
IDENTIFICATION DETAILS
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Name : |
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Registered Office : |
Pfarrer-Spielmann-Str.
9, D 59846 Sundern |
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Country : |
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Financials (as on) : |
31.12.2009 |
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Date of Incorporation : |
05.07.1994 |
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Com. Reg. No.: |
HRB 1428 |
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Legal Form : |
Private
Limited Company |
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Line of Business : |
Agents
involved in the sale of other goods |
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 : |
38.000
EUR |
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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 – 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 & address
Wilson GmbH
Main address:
Pfarrer-Spielmann-Str. 9
D 59846 Sundern
Telephone: 02935/79094
Telefax: 02935/79096
E-mail: j.wilson@j.wilson.de
CONCLUSION
Business relations are permissible.
Synthesis
LEGAL FORM Private limited company
Date of foundation: 1989
Shareholders'
agreement: 01.03.1994
Registered on: 05.07.1994
Commercial Register: Local
court 59821 Arnsberg
under: HRB 1428
Share capital:
EUR 25.564,59
Shareholder
Frank-Ernest Wilson
Pfarrer-Spielmann-Str. 9
D 59846 Sundern
born: 05.10.1957
Share: EUR 25.564,59
Manager
Frank-Ernest Wilson
Pfarrer-Spielmann-Str. 9
D 59846 Sundern
having sole power of representation
born: 05.10.1957
Nationality: Indian
Marital status: married
Further functions/participations of
Frank-Ernest Wilson (Manager)
Shareholder:
Diamond Spectrum Deutschland GmbH
Pfarrer-Spielmann-Str. 9
D 59846 Sundern
Legal form: Private limited company
dissolved
Share capital: EUR 25.000,00
Share: EUR 12.500,00
Registered
on: 21.12.2006
Reg. data: 59821 Arnsberg,
HRB 7729
Liquidator:
Diamond Spectrum Deutschland GmbH
Pfarrer-Spielmann-Str. 9
D 59846 Sundern
Legal form: Private limited company
dissolved
Share capital: EUR 25.000,00
Registered
on: 21.12.2006
Reg. data: 59821 Arnsberg,
HRB 7729
COMPANY HISTORY
1989 - 01.01.1989
Frank Ernest Wilson
Pfarrer-Spielmann-Str.
9
D 59846 Sundern
Unregistered
commercial enterprise
05.07.1994 -
10.03.2010 Wilson Ex- und Import GmbH
Pfarrer-Spielmann-Str. 9
D 59846 Sundern
Private limited company
BUSINESS ACTIVITIES
Sectors
46189 Agents involved in
the sale of other goods n.e.c.
4671 Wholesale of solid,
liquid and gaseous fuels and related products
46901 Non-specialized
wholesale of raw materials and half-finished and finished goods
FINANCIAL INFORMATION
Payment experience: within periods customary in this trade
Negative information: We have no negative information
at hand.
Maximum credit: 38.000
EUR
Balance sheet year: 2009
REAL ESTATE
Type of ownership: Tenant
Address Pfarrer-Spielmann-Str. 9
D 59846 Sundern
Land register documents were not available.
BANKERS
VOLKSBANK SAUERLAND, ARNSBERG, WESTF
Sort. code: 46660022, BIC: GENODEM1NEH
FINANCIAL FIGURES
Turnover: 2009 EUR 2.930.000,00
Total numbers of vehicles: 1
-
Passenger cars:
1
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 2009
Equity ratio [%]: 23,66
Liquidity ratio: 1,12
Return on total capital [%]: -12,27
Balance sheet ratios 2008
Equity ratio [%]: 18,14
Liquidity ratio: 1,01
Return on total capital [%]: 0,26
Balance sheet ratios 2007
Equity ratio [%]: 22,48
Liquidity
ratio: 1,01
Return on total capital [%]: 2,82
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 535.801,00
Fixed assets
EUR 6.450,00
Intangible assets
EUR 7,00
Other / unspecified intangible assetsEUR 7,00
Tangible assets
EUR 6.290,00
Other / unspecified tangible assets
EUR 6.290,00
Financial assets
EUR 153,00
Other / unspecified financial assets EUR 153,00
Current assets
EUR 528.793,00
Stocks
EUR 75.363,00
Accounts receivable
EUR 452.993,00
Other debtors and assets
EUR 452.993,00
Liquid means
EUR 437,00
Remaining other assets
EUR 558,00
Accruals (assets)
EUR 558,00
LIABILITIES EUR 535.801,00
Shareholders' equity
EUR 126.752,00
Capital EUR 25.565,00
Subscribed capital (share capital)
EUR 25.565,00
Balance sheet profit/loss (+/-)
EUR 101.187,00
Profit / loss brought forward
EUR 166.935,00
Annual surplus / annual deficit
EUR -65.748,00
Provisions
EUR 5.000,00
Liabilities
EUR 404.049,00
Other liabilities
EUR 404.049,00
Unspecified other liabilities
EUR 404.049,00
Type
of balance
sheet: Company balance sheet
Financial year: 01.01.2008 - 31.12.2008
ASSETS EUR 1.060.898,00
Fixed assets EUR 7.675,00
Intangible assets
EUR 7,00
Tangible assets
EUR 7.515,00
Financial assets
EUR 153,00
Current assets
EUR 1.048.886,00
Stocks
EUR 173.160,00
Accounts receivable
EUR 855.422,00
Liquid means
EUR 20.304,00
Remaining other assets
EUR 4.337,00
Accruals (assets)
EUR 4.337,00
LIABILITIES EUR 1.060.898,00
Shareholders' equity
EUR 192.500,00
Capital
EUR 25.565,00
Subscribed capital (share capital)
EUR 25.565,00
Balance sheet profit/loss (+/-)
EUR 166.935,00
Profit / loss brought forward
EUR 164.129,00
Annual surplus / annual deficit
EUR 2.806,00
Provisions
EUR 5.000,00
Liabilities
EUR 863.398,00
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 |
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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 |
|
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 |
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.