MIRA INFORM REPORT

 

 

Report Date :           

18.06.2011

 

IDENTIFICATION DETAILS

 

Name :

FFELSENFEST GMBH

 

 

Registered Office :

Bahnhofstr. 104, D 95460 Bad Berneck

 

 

Country :

Germany

 

 

Date of Incorporation :

25.03.2010

 

 

Com. Reg. No.:

HRB 5119

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Wholesale of leather goods, luggage, giftware and advertising articles

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Maximum Credit Limit :

5,000 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 

 

FFelsenfest GmbH

 

Main address:

Bahnhofstr. 104

D 95460 Bad Berneck

Telephone:        09273/878929

Telefax:             09273/965960

Homepage:        www.ffelsenfest.de

E-mail:              service@ffelsenfest.de

 

 

VAT no.          

 

DE270430115

 

 

Tax ID number

 

208/126/30157

 

 

Synthesis

 

LEGAL FORM               Private limited company

Date of foundation:         15.03.2010

Shareholders'

agreement:                    15.03.2010

Registered on:               25.03.2010

Commercial Register:     Local court 95444 Bayreuth

under:                                       HRB 5119

Share capital:                 EUR             25,000.00

 

 

Shareholder

 

Stefan Wolfrum

Hammerstr. 2

D 95460 Bad Berneck

born: 18.04.1971

Share:             EUR             25,000.00

Manager

 

Stefan Wolfrum

Hammerstr. 2

D 95460 Bad Berneck

having sole power of representation

born: 18.04.1971

 

 

Further functions/participations of Stefan Wolfrum (Manager)

 

General partner:

Stephan Knoll, Gert Lowack, Markus Spiske

und Stefan Wolfrum

Bahnhofstr. 104

D 95460 Bad Berneck

Legal form: Partnership under the Civil Code

dissolved

 

General partner:

Stefan Wolfrum, Stephan Knoll

Bahnhofstr. 104

D 95460 Bad Berneck

Legal form: Partnership under the Civil Code

 

General partner:

Stephan Knoll, Markus Spiske, Stefan Wolfrum

Bahnhofstr. 104

D 95460 Bad Berneck

Legal form: Partnership under the Civil Code

 

 

BUSINESS ACTIVITIES

 

Sectors

46493   Wholesale of leather goods, luggage, giftware and advertising articles

 

 

FINANCIAL INFORMATION

 

Payment experience:     within periods customary in this trade

 

Negative information:      We have no negative information at hand.

 

Maximum credit:            5,000 EUR

 

 

REAL ESTATE

 

Type of ownership:         Tenant

Address                        Bahnhofstr. 104

                                    D 95460 Bad Berneck

 

Land register documents were not available.

 

 

BANKERS

 

A bank connection is unknown.

 

 

FINANCIAL FIGURES

 

Financial year:      25.03. - 31.12.

Share capital:                          EUR             25,000.00

 

No full-time employees are employed.

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.44.93

UK Pound

1

Rs.72.43

Euro

1

Rs.63.62

 

 

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%)

 

 

 

 

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.