MIRA INFORM
REPORT
|
Report Date : |
16.07.2011 |
Supplement
We refer to your
enquiry of 24.11.2010. In the meantime
there have been changes in particular in the following areas subject to
monitoring: -Balance sheets
Company name & address
T I C Optics GmbH
Main address:
In den Langmatten 10
D 79292 Pfaffenweiler
Telephone: 07664/6118-0
Telefax: 07664/6118-10
Homepage: www.tic-optics.de
E-mail: Info@tic-optics.de
VAT no
DE813014254
CONCLUSION
Business relations are permissible.
Synthesis
LEGAL FORM Private limited company
Date of foundation: 2000
Shareholders'
agreement: 04.04.2000
Registered on: 28.11.2000
Commercial Register: Local
court 79098 Freiburg
under: HRB 6501
Share capital:
EUR 75,000.00
Shareholder
T I C Optics GmbH
In den Langmatten 10
D 79292 Pfaffenweiler
Legal form: Private limited company
Share capital: EUR 75,000.00
Share: EUR 56,100.00
Registered on: 28.11.2000
Reg. data: 79098 Freiburg, HRB 6501
Shareholder:
Melanie Knecht
D 76133 Karlsruhe
born: 17.09.1967
née: Meyer
Share: EUR 18,900.00
Manager
Melanie Knecht
D 76133 Karlsruhe
having sole power of representation
born: 17.09.1967
née: Meyer
Profession: Businessman
Marital status: married
COMPANY HISTORY
18.05.2000 - 27.11.2000 TIC
Optics GmbH
Adolf-Kolping-Str. 1c
D 76275 Ettlingen
Private limited company
28.11.2000 -
20.01.2001 TIC Optics GmbH
D
79100 Freiburg
Private limited company
21.01.2001 - 2010 TIC Optics GmbH
Am
Schafstein 2
D
79379 Müllheim
Private limited company
BUSINESS ACTIVITIES
Sectors
46431 Wholesale of photo
and optical goods
PARTICIPATIONS
Shareholder:
T I C Optics GmbH
In den
Langmatten 10
D
79292 Pfaffenweiler
Legal
form: Private limited company
Company Status: active
Share
capital: EUR 75,000.00
Share: EUR 56,100.00
Reg.
data: 28.11.2000
Local court 79098 Freiburg
HRB 6501
FINANCIAL INFORMATION
Payment experience: within
agreed terms
Negative information: We have no negative information at hand.
Maximum credit: 40,000
EUR
Balance sheet year: 2010
REAL ESTATE
Type of ownership: Tenant
Address In
den Langmatten 10
D 79292 Pfaffenweiler
Land register documents were not available.
BANKERS
VOLKSBANK FREIBURG ZW PFAFFENWEILER, PFAFFENWEILER, BREISGAU
Sort. code: 68090000, BIC: GENODE61FR1
FINANCIAL FIGURES
Turnover:
2009 EUR 2,000,000.00
2010 EUR 2,000,000.00
further business figures:
Total numbers of vehicles: 2
-
Passenger cars: 2
Employees:
13
The aforementioned business figures may partly be estimated
information based on average values in the line of business.
BALANCE SHEETS
Balance sheet ratios 01.01.2010 - 31.12.2010
Equity ratio [%]: 37.28
Liquidity ratio: 0.71
Return on total capital [%]: 3.16
Balance sheet ratios 01.01.2009 - 31.12.2009
Equity ratio [%]: 37.87
Liquidity ratio: 0.69
Return on total capital [%]: 3.14
Balance sheet ratios 01.01.2008 - 31.12.2008
Equity ratio [%]: 45.06
Liquidity ratio: 0.93
Return on total capital [%]: 4.61
Balance sheet ratios 01.01.2007 - 31.12.2007
Equity ratio [%]: 54.13
Liquidity ratio: 0.85
Return on total capital [%]: 7.73
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: 01.01.2010 - 31.12.2010
ASSETS EUR 1,868,032.56
Fixed assets
EUR 12,747.00
Intangible assets
EUR 3,500.00
Other / unspecified intangible assetsEUR 3,500.00
Tangible assets
EUR 9,247.00
Other / unspecified tangible assets
EUR 9,247.00
Current assets
EUR 1,836,435.56
Stocks
EUR 831,056.62
Accounts receivable
EUR 498,948.08
Other debtors and assets
EUR 498,948.08
Investments in current assets
EUR 105,544.34
Liquid means
EUR 400,886.52
Remaining other assets
EUR 18,850.00
Accruals
(assets) EUR 18,850.00
LIABILITIES EUR 1,868,032.56
Shareholders' equity
EUR 697,583.58
Capital
EUR 18,900.00
Subscribed capital (share capital)
EUR 18,900.00
Reserves
EUR 93,600.00
Retained earnings / revenue reserves EUR 93,600.00
Balance sheet profit/loss (+/-)
EUR 585,083.58
Balance sheet profit / loss
EUR 585,083.58
Provisions
EUR 66,029.00
Liabilities
EUR 1,104,419.98
Other liabilities EUR 1,104,419.98
Unspecified other liabilities
EUR 1,104,419.98
Type
of balance
sheet: Company balance sheet
Financial year: 01.01.2009 - 31.12.2009
ASSETS EUR 1,823,266.84
Fixed assets
EUR 50,552.00
Intangible assets
EUR 14,105.00
Other / unspecified intangible assetsEUR 14,105.00
Tangible assets EUR 11,447.00
Other / unspecified tangible assets
EUR 11,447.00
Financial assets
EUR 25,000.00
Other / unspecified financial assets EUR 25,000.00
Current assets EUR 1,761,888.47
Stocks
EUR 768,023.18
Accounts receivable
EUR 512,447.34
Other debtors and assets
EUR 512,447.34
Investments in current assets
EUR 161,644.34
Liquid means
EUR 319,773.61
Remaining other assets
EUR 10,826.37
Accruals (assets)
EUR 10,826.37
LIABILITIES EUR 1,823,266.84
Shareholders' equity
EUR 694,829.22
Capital
EUR 75,000.00
Subscribed capital (share capital)
EUR 75,000.00
Reserves
EUR 93,600.00
Retained earnings / revenue reserves EUR 93,600.00
Balance sheet profit/loss (+/-)
EUR 526,229.22
Balance sheet profit / loss
EUR 526,229.22
Provisions
EUR 67,845.00
Liabilities
EUR 1,060,592.62
Other liabilities
EUR 1,060,592.62
Unspecified other liabilities EUR 1,060,592.62
MIRA INFORM
REPORT
|
Report Date : |
25.11.2010 |
IDENTIFICATION DETAILS
|
Correct Name : |
T I C OPTICS GMBH |
|
|
|
|
Registered Office : |
In den
Langmatten 10, 79292 Pfaffenweiler |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2008 |
|
|
|
|
Date of Incorporation : |
28.11.2000 |
|
|
|
|
Com. Reg. No.: |
HRB 6501 |
|
|
|
|
Legal Form : |
Private Limited
Company |
|
|
|
|
Line of Business : |
Wholesaler
of photo and optical goods |
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 : |
EUR
34.000,00 |
|
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) |
|
|
a1 |
a1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
Company name & addresss
T I C Optics GmbH
In den Langmatten 10
79292 Pfaffenweiler
Telephone: 07664/6118-0
Telefax: 07664/6118-10
Homepage: www.tic-optics.de
E-Mail: Info@tic-optics.de
VAT no.
DE813014254
CONCLUSION
The maximum credit is EUR 34.000,00.
Business relations are permissible.
Synthesis
LEGAL FORM Private limited company
Date of foundation: 2000
Shareholders' agree-
ment: 04.04.2000
Registered on: 28.11.2000
Commercial Register: Local
court 79098 FREIBURG
under: HRB 6501
Share capital:
EUR 75.000,00
Shareholder
T I C Optics GmbH
In den Langmatten 10
79292 Pfaffenweiler
Legal form: Private limited company
Share capital: EUR 75.000,00
Share: EUR 56.100,00
Reg. Data: 28.11.2000
HRB 6501
79098 FREIBURG
Turnover: EUR 2.000.000,00
Employees: 11
Shareholder:
Melanie Knecht
76133 Karlsruhe
born: Meyer
born 17.09.1967
Share: EUR 18.900,00
Manager
Melanie Knecht
76133 Karlsruhe
having sole power of representation
born: Meyer
born 17.09.1967
Occupation: Businessman
Marital status: married
Further functions/participations of
Melanie Knecht (Manager)
Shareholder:
Vincentiushaus Baden-Baden GmbH
Stephanienstr. 11
76530 Baden-Baden
Legal form: Private limited company
Share capital: EUR 61.251,94
Share: EUR 511,30
Reg. Data: 07.03.1968
HRB 200198
68159 MANNHEIM
Employees: 25
BUSINESS HISTORY
18.05.2000 TIC Optics
GmbH
Adolf-Kolping-Str. 1c
76275 Ettlingen
Private limited company
28.11.2000 TIC Optics
GmbH
79100
Freiburg
Private limited company
21.01.2001 TIC Optics
GmbH
Am Schafstein
2
79379
Müllheim
Private limited company
BUSINESS ACTIVITIES
46431
Wholesale of photo and optical goods
PARTICIPATION
Shareholder:
T I C Optics GmbH
In den Langmatten 10
79292 Pfaffenweiler
Legal form: Private limited company
Share capital: EUR 75.000,00
Share: EUR 56.100,00
Reg. Data: 28.11.2000
HRB 6501
79098 FREIBURG
Turnover: EUR 2.000.000,00
Employees: 11
FINANCIAL INFORMATION
Payment experience: within
agreed terms
REAL ESTATE
Type of ownership: Tenant
Address In den Langmatten 10
79292 Pfaffenweiler
Land register documents were not available.
BANKERS
VOLKSBANK FREIBURG ZW PFAFFENWEILER, PFAFFENWEILER, BREISGAU
Sort. code: 68090000
FIGURES
Turnover: 2008 EUR 2.200.000,00
2009 EUR 2.000.000,00
Expected turnover: 2010
EUR 2.000.000,00
Total number of vehicles: 2
-
Cars : 2
Employees:
11
The aforementioned business figures may partly be estimated
information based on average values in the line of business.
BALANCE SHEETS
Type of balance sheet:
Company balance sheet
Financial year end: 31.12.2008
ASSETS 2.080.456,41
Fixed assets
85.592,52
Intangible assets 38.767,00
Tangible assets
5.359,00
Financial assets
41.466,52
Current assets
1.982.717,89
Stocks
967.254,39
Accounts receivable 621.798,82
Liquid means 393.664,68
Remaining other assets 12.146,00
Accruals (assets) 12.146,00
LIABILITIES
2.080.456,41
Shareholders' equity 638.118,54
Capital
75.000,00
Subscribed capital (share capital) 75.000,00
Reserves
37.500,00
Retained earnings / revenue reserves 37.500,00
Balance sheet profit/loss (+/-) 525.618,54
Balance sheet profit / loss 525.618,54
Provisions 65.400,00
Liabilities
1.374.557,07
Other liabilities 2.380,80
Deferrals (liabilities) 2.380,80
The given amounts are EUR values.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.44.53 |
|
|
1 |
Rs.71.91 |
|
Euro |
1 |
Rs.62.98 |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.