MIRA INFORM REPORT

 

 

Report Date :

31.01.2011

 

IDENTIFICATION DETAILS

 

Name :

KUSCH-SCHRAUBEN GMBH

 

 

Registered Office :

Hans-Böckler-Str. 11, D 85221 Dachau

 

 

Country :

Germany

 

 

Date of Incorporation :

03.12.2009

 

 

Com. Reg. No.:

HRB 182704

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Wholesaler of non-ferrous ores, metals and metal semi-finished goods

 

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 :

13.500 EUR

 

 

Status :

Small Company 

 

 

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

 

Kusch-Schrauben GmbH

 

Main address:      

Hans-Böckler-Str. 11

D 85221 Dachau

Telephone:        08131/36660

Telefax:             08131/366666

Homepage:        www.kuschk-schrauben.de

E-mail:              info@kusch-schrauben.de

 

 

VAT no            

 

DE127257567

 

 

Tax ID number    

 

107/242/30283

 

 

CONCLUSION

 

Business relations are permissible.

 

 

Synthesis

 

LEGAL FORM               Private limited company

Date of foundation:         27.11.2009

Shareholders'

agreement:                    27.11.2009

Registered on:               03.12.2009

Commercial Register:     Local court 80797 München

under:                                       HRB 182704

Share capital:                 EUR             25.000,00

 

 

Shareholder

 

Herbert Kusch

Häuserner Str. 10

D 85244 Röhrmoos

born: 09.01.1965

Share:             EUR             25.000,00

 

 

Manager

 

Herbert Kusch

Häuserner Str. 10

D 85244 Röhrmoos

having sole power of representation

born: 09.01.1965

Profession: Businessman

Marital status: married

 

 

Proxy

 

Katja Kusch

D  Röhrmoos

having sole power of representation

born: 19.09.1965

 

 

Further functions/participations of Herbert Kusch (Manager)

 

Proprietor:

Herbert Kusch e.K.

Hans-Böckler-Str. 11

D 85221 Dachau

Legal form: Sole proprietorship dissolved

Registered

on:         17.05.2006

Reg. data:  80797 München, HRA 88056

 

Proprietor:

Herbert Kusch

Hans-Böckler-Str. 11

D 85221 Dachau

Legal form: Unregistered commercial enterprise

 

 

BUSINESS ACTIVITIES

 

Sectors

46722   Wholesale of non-ferrous ores, metals and metal semi-finished goods

 

47521   Retail sale of metal and plastic goods n.e.c.

 

 

FINANCIAL INFORMATION

 

Payment experience:     within periods customary in this trade

 

Negative information:      We have no negative information at hand.

 

Maximum credit:            13.500 EUR

 

 

REAL ESTATE

 

Type of ownership:         Tenant

Address                        Hans-Böckler-Str. 11

                                    D 85221 Dachau

 

Land register documents were not available.

 

 

BANKERS

 

A bank connection is unknown.

 

 

FINANCIAL FIGURES

 

 Financial year:      01.01. - 31.12.

 Turnover:            2009               EUR          1.038.000,00

                      2010               EUR          1.040.000,00

 further business figures:

 Share capital:                          EUR             25.000,00

 Employees:                                                      4

 

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

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.45.74

UK Pound

1

Rs.72.73

Euro

1

Rs.62.73

 

 

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.