MIRA INFORM REPORT
|
Report Date : |
27.07.2011 |
IDENTIFICATION DETAILS
|
Name : |
ITP
HANDELSBERATUNGEN GESELLSCHAFT MITBESCHRÄNKTER HAFTUNG z |
|
|
|
|
Registered Office : |
Seifenstr. 43, D 65388 Schlangenbad |
|
|
|
|
Country : |
Germany |
|
|
|
|
Financials (as on) : |
31.12.2009 |
|
|
|
|
Date of Incorporation : |
09.02.2005 |
|
|
|
|
Com. Reg. No.: |
HRB 21646 |
|
|
|
|
Legal Form : |
Private Limited Company |
|
|
|
|
Line of Business : |
Agents involved in the sale of
machines (except agricultural
machinery and office machinery) and industrial supplies
|
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 : |
10,000 EUR |
|
|
|
|
Status : |
Small Company |
|
|
|
|
Payment
Behaviour : |
Regular |
|
|
|
|
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 – March 31st, 2011
|
Country Name |
Previous Rating (31.12.2010) |
Current Rating (31.03.2011) |
|
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
ITP Handelsberatungen Gesellschaft mitbeschränkter
Haftung
Main address:
Seifenstr. 43
D 65388 Schlangenbad
Telephone: 06124/723497
Telefax: 06124/7249700
Homepage: www.itpgmbh.de
E-mail: wellmann@itpgmbh.de
VAT no.
DE114172269
CONCLUSION
Business relations are permissible.
Synthesis
LEGAL FORM Private limited company
Date of foundation: 10.11.1976
Shareholders'
agreement: 10.11.1976
Registered on: 09.02.2005
Commercial Register: Local
court 65185 Wiesbaden
under: HRB 21646
Share capital:
EUR 61,400.00
Shareholder
Marietta Wellmann
Seifenstr. 43
D 65388 Schlangenbad
born: 11.12.1967 in Hamburg
née: Geste
Share: EUR 61,400.00
Manager
Marietta Wellmann
Seifenstr. 43
D 65388 Schlangenbad
having sole power of representation
born: 11.12.1967 in Hamburg
née: Geste
Profession: Businessman
Marital status: married
COMPANY HISTORY
22.05.2003 -
08.02.2005 ITP Handelsberatungen
Gesellschaft mit
beschränkter Haftung
D
61476 Kronberg
Private limited company
09.02.2005 -
29.06.2005 ITP Handelsberatung
Gesellschaft mit
beschränkter Haftung
Seifenstr. 43
D
65388 Schlangenbad
Private limited company
BUSINESS ACTIVITIES
Main industrial
sector
46141 Agents involved in
the sale of machines (except agricultural machineryand office machinery) and
industrial supplies n.e.c.
Secondary
industrial sector
70220 Business and other
management consultancy activities
FINANCIAL INFORMATION
Payment experience: within
agreed terms
Negative information: We
have no negative information at hand.
Maximum credit: 10,000 EUR
Balance sheet year: 2009
REAL ESTATE
Type of ownership: usufruct
Address Seifenstr. 43
D 65388
Schlangenbad
Real Estate of: Marietta Wellmann
Type of ownership: proprietor
Share: 100.00 %
Address Seifenstr. 43
D
65388 Schlangenbad
Land register documents were not available.
BANKERS
DEUTSCHE BANK PRIVAT UND GESCHÄFTSKUNDEN, KÖNIGSTEIN IM TAUNUS
Sort. code: 50070024, BIC: DEUTDEDBFRA
FINANCIAL FIGURES
Turnover: 2010 EUR 500,000.00
Ac/ts receivable: EUR 31,167.00
Liabillities: EUR 26,776.00
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 01.01.2009 - 31.12.2009
Equity ratio [%]: 84.78
Liquidity ratio: 10.00
Return
on total capital [%]: -21.86
Balance sheet ratios 01.01.2008 - 31.12.2008
Equity ratio [%]: 83.75
Liquidity ratio: 10.00
Return on total capital [%]: 8.31
Balance sheet ratios 01.01.2007 - 31.12.2007
Equity ratio [%]: 47.37
Liquidity ratio: 2.19
Return on total capital [%]: 22.54
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 200,767.54
Fixed assets
EUR 58,095.87
Intangible assets
EUR 180.00
Tangible assets
EUR 28,269.00
Financial assets
EUR 29,646.87
Current assets
EUR 139,555.84
Stocks
EUR 15,507.80
Accounts receivable
EUR 31,167.58
Liquid means
EUR 92,880.46
Remaining other assets EUR 3,115.83
Accruals (assets)
EUR 3,115.83
LIABILITIES EUR 200,767.54
Shareholders' equity
EUR 170,223.99
Capital EUR 61,400.00
Subscribed capital (share capital)
EUR 61,400.00
Balance sheet profit/loss (+/-)
EUR 108,823.99
Profit / loss brought forward
EUR 152,698.72
Annual surplus / annual deficit
EUR -43,874.73
Provisions
EUR 3,000.00
Liabilities
EUR 26,776.53
Other liabilities
EUR 767.02
Deferrals (liabilities)
EUR 767.02
Type
of balance
sheet: Company balance sheet
Financial year: 01.01.2008 - 31.12.2008
ASSETS EUR 255,615.67
Fixed
assets EUR 72,836.38
Intangible assets
EUR 347.00
Tangible assets
EUR 35,330.00
Financial assets
EUR 37,159.38
Current assets
EUR 179,410.93
Stocks
EUR 23,505.85
Accounts receivable
EUR 58,285.61
Liquid means
EUR 97,619.47
Remaining other assets
EUR 3,368.36
Accruals (assets)
EUR 3,368.36
LIABILITIES EUR 255,615.67
Shareholders' equity EUR 214,098.72
Capital
EUR 61,400.00
Subscribed capital (share capital)
EUR 61,400.00
Balance sheet profit/loss (+/-)
EUR 152,698.72
Profit / loss brought forward
EUR 131,477.78
Annual surplus / annual deficit
EUR 21,220.94
Provisions
EUR 6,200.00
Liabilities EUR 35,316.95
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.44.29 |
|
UK Pound |
1 |
Rs.72.37 |
|
Euro |
1 |
Rs.64.17 |
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 |
|
---- |
NB |
New Business |
---- |
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.