MIRA INFORM REPORT

 

 

 

 

Report Date :

07.03.2011

 

Note:

In the meantime there have been changes in particular in the following areas subject to monitoring:

 

 

Company name & address  

 

Buchler GmbH

 

Main address:     

Harxbütteler Str. 3

D 38110 Braunschweig

Telephone:        05307/931-0

Telefax:             05307/931-31

Homepage:        www.quinine-buchler.com

E-mail:              reinecke@buchler-gmbh.com

 

 

VAT no.         

 

DE224208451

 

 

CONCLUSION

 

Business relations are permissible.


SYNTHESIS

 

LEGAL FORM               Private limited company

Date of foundation:         2002

Shareholders'

agreement:                    15.08.2002

Registered on:               25.09.2002

Commercial Register:     Local court 38100 Braunschweig

under:                                       HRB 9223

Share capital:                 EUR          2.500.000,00

 

 

Shareholder

 

Fagus GmbH

Harxbütteler Str. 3

D 38110 Braunschweig

Legal form: Private limited company

Share capital:     EUR          3.834.800,00

Share:             EUR          2.500.000,00

Registered on: 08.07.1981

Reg. data: 38100 Braunschweig, HRB 1689

 

 

Manager

 

Thomas W. Buchler

Höhenblick 7

D 38104 Braunschweig

having sole power of representation

born: 04.06.1943

Profession: Fully qualified merchant

Marital status: married

 

Manager:

Dr. Reinhard Böhm

D 38170 Vahlberg

having sole power of representation

born: 29.11.1949

Marital status: unknown

 

Manager:

Albrecht Perrin

D 38300 Wolfenbüttel

born: 05.08.1968

Profession: Businessman

Marital status: unknown

Proxy

 

Axel Lemke

D 38100 Braunschweig

authorized to jointly represent the company

born: 26.10.1956

Profession: Businessman

Marital status: unknown

 

Proxy:

Christoph Sender

D 38300 Wolfenbüttel

authorized to jointly represent the company

born: 02.02.1962

 

 

Further functions/participations of Thomas W. Buchler (Manager)

 

Limited partner:

Inge Buchler Vermögensverwaltungs-GmbH & Co.

KG

Harxbütteler Str. 3

D 38110 Braunschweig

Legal form: Ltd partnership with priv. ltd.

company as general partner

Total cap.         EUR            100.000,00

contribution:

Share:             EUR             25.000,00

Registered

on:         01.12.2004

Reg. data:  38100 Braunschweig, HRA 14307

 

Shareholder:

Inge Buchler Beteiligungs-GmbH

Harxbütteler Str. 3

D 38110 Braunschweig

Legal form: Private limited company

Share capital:     EUR             25.000,00

Share:             EUR              6.250,00

Registered

on:         24.11.2004

Reg. data:  38100 Braunschweig, HRB 9817

 

Manager:

Fagus GmbH

Harxbütteler Str. 3

D 38110 Braunschweig

Legal form: Private limited company

Share capital:     EUR          3.834.800,00

Registered

on:         08.07.1981

Reg. data:  38100 Braunschweig, HRB 1689

 

Manager:

Inge Buchler Beteiligungs-GmbH

Harxbütteler Str. 3

D 38110 Braunschweig

Legal form: Private limited company

Share capital:     EUR             25.000,00

Registered

on:         24.11.2004

Reg. data:  38100 Braunschweig, HRB 9817

 

Deputy of the Board of Directors:

Afrika-Verein der deutschen Wirtschaft e.V.

Neuer Jungfernstieg 21

D 20354 Hamburg

Legal form: Registered association

Registered

on:         19.02.1934

Reg. data:  20355 Hamburg, VR 2953

 

 

Further functions/participations of Albrecht Perrin (Manager)

 

Proxy:

Fagus GmbH

Harxbütteler Str. 3

D 38110 Braunschweig

Legal form: Private limited company

Share capital:     EUR          3.834.800,00

Registered

on:         08.07.1981

Reg. data:  38100 Braunschweig, HRB 1689

 

 

BUSINESS ACTIVITIES

 

Sectors

20590   Manufacture of other chemical products n.e.c.

21200   Manufacture of pharmaceutical preparations

32990   Other manufacturing n.e.c.

46461   Wholesale of pharmaceutical goods

 

 

 

FINANCIAL INFORMATION

 

Payment experience:     within agreed terms

 

Negative information:      We have no negative information at hand.

 

Maximum credit:            143.500 EUR

 

 

REAL ESTATE

 

 Type of ownership:        Tenant

 Address                       Harxbütteler Str. 3

                                    D 38110 Braunschweig

 

 Private real estate

 Name:                          Thomas W. Buchler

 Type of ownership:        Tenant

 Address                       Höhenblick 7

                                    D 38104 Braunschweig

 

 Land register documents were not available.

 

 

BANKERS

 

DEUTSCHE BANK, BRAUNSCHWEIG

Sort. code: 27070030, BIC: DEUTDE2H270

 

COMMERZBANK, BRAUNSCHWEIG

Sort. code: 27040080, BIC: COBADEFF270

 

POSTBANK, HANNOVER

Sort. code: 25010030, BIC: PBNKDEFF250

 

 

FINANCIAL FIGURES

 

 Financial year:      01.01. - 31.12.

 Gross profit or loss:2009               EUR          9.642.366,00

 Profit:              2009               EUR            701.369,00

 Share capital:                          EUR          2.500.000,00

 Employees:                                                     79


MIRA INFORM REPORT

 

Report Date :

15.12.2010

 

IDENTIFICATION DETAILS

 

Name :

BUCHLER GMBH

 

 

Registered Office :

Harxbütteler Str. 3, D 38110 Braunschweig

 

 

Country :

Germany

 

 

Financials (as on) :

31.12.2008

 

 

Date of Incorporation :

25.09.2002

 

 

Com. Reg. No.:

HRB 9223

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Manufacturer of other chemical products

 

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 :

143.500 EUR

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)

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

 

Buchler GmbH

 

Main address:      

Harxbütteler Str. 3

D 38110 Braunschweig

Telephone:05307/931-0

Telefax:  05307/931-31

Homepage: www.quinine-buchler.com

E-mail:   reinecke@buchler-gmbh.com

 

 

VAT no          

 

DE224208451

 

 

CONCLUSION

 

Business relations are permissible.

 

 

Synthesis

 

LEGAL FORM               Private limited company

Date of foundation:         2002

Shareholders'

agreement:                    15.08.2002

Registered on:               25.09.2002

Commercial Register:     Local court 38100 Braunschweig

under:                                       HRB 9223

Share capital:                 EUR          2.500.000,00

 

 

Shareholder

 

Fagus GmbH

Harxbütteler Str. 3

D 38110 Braunschweig

Legal form: Private limited company

Share capital:     EUR          3.834.800,00

Share:             EUR          2.500.000,00

Registered on: 08.07.1981

Reg. data: 38100 Braunschweig, HRB 1689

Manager

 

Thomas W. Buchler

Höhenblick 7

D 38104 Braunschweig

having sole power of representation

born: 04.06.1943

Profession: Fully qualified merchant

Marital status: married

 

Manager:

Dr. Reinhard Böhm

D 38170 Vahlberg

having sole power of representation

born: 29.11.1949

Marital status: unknown

 

 

Proxy

 

Axel Lemke

D 38100 Braunschweig

authorized to jointly represent the company

born: 26.10.1956

Profession: Businessman

Marital status: unknown

 

Proxy:

Albrecht Perrin

D 38300 Wolfenbüttel

authorized to jointly represent the company

born: 05.08.1968

Profession: Businessman

Marital status: unknown

 

 

Further functions/participations of Thomas W. Buchler (Manager)

 

Limited partner:

Inge Buchler Vermögensverwaltungs-GmbH & Co.

KG

Harxbütteler Str. 3

D 38110 Braunschweig

Legal form: Ltd partnership with priv. ltd.

company as general partner

Total cap.         EUR            100.000,00

contribution:

Share:             EUR             25.000,00

Registered

on:         01.12.2004

Reg. data:  38100 Braunschweig, HRA 14307

 

Shareholder:

Inge Buchler Beteiligungs-GmbH

Harxbütteler Str. 3

D 38110 Braunschweig

Legal form: Private limited company

Share capital:     EUR             25.000,00

Share:             EUR              6.250,00

Registered

on:         24.11.2004

Reg. data:  38100 Braunschweig, HRB 9817

 

Manager:

Fagus GmbH

Harxbütteler Str. 3

D 38110 Braunschweig

Legal form: Private limited company

Share capital:     EUR          3.834.800,00

Registered

on:         08.07.1981

Reg. data:  38100 Braunschweig, HRB 1689

 

Manager:

Inge Buchler Beteiligungs-GmbH

Harxbütteler Str. 3

D 38110 Braunschweig

Legal form: Private limited company

Share capital:     EUR             25.000,00

Registered

on:         24.11.2004

Reg. data:  38100 Braunschweig, HRB 9817

 

Deputy of the Board of Directors:

Afrika-Verein der deutschen Wirtschaft e.V.

Neuer Jungfernstieg 21

D 20354 Hamburg

Legal form: Registered association

Registered

on:         19.02.1934

Reg. data:  20355 Hamburg, VR 2953

 

 


BUSINESS ACTIVITIES

 

Sectors

20590   Manufacture of other chemical products n.e.c.

21200   Manufacture of pharmaceutical preparations

32990   Other manufacturing n.e.c.

46461   Wholesale of pharmaceutical goods

 

 

FINANCIAL INFORMATION

 

Payment experience:     within agreed terms

 

Negative information:      We have no negative information at hand.

 

Maximum credit:            143.500 EUR

 

Balance sheet year:  2008

 

 

REAL ESTATE

 

Type of ownership:         Tenant

 Address                       Harxbütteler Str. 3

                                    D 38110 Braunschweig

 

 Private real estate

 Name:                          Thomas W. Buchler

 Type of ownership:        Tenant

 Address                       Höhenblick 7

                                    D 38104 Braunschweig

 

 Land register documents were not available.

 

 

BANKERS

 

DEUTSCHE BANK, BRAUNSCHWEIG

Sort. code: 27070030, BIC: DEUTDE2H270

 

COMMERZBANK, BRAUNSCHWEIG

Sort. code: 27040080, BIC: COBADEFF270

 

POSTBANK, HANNOVER

Sort. code: 25010030, BIC: PBNKDEFF250

 

 

FINANCIAL FIGURES

 

 Gross profit or loss:2008               EUR          8.407.791,00

                      2009               EUR          8.450.000,00

 Profit:              2008               EUR          1.179.819,00

 further business figures:

 Employees:                                                     79

 

BALANCE SHEETS

 

 Balance sheet ratios 2008

 Equity ratio [%]:                 38,87

 Liquidity ratio:                  -1,00

 Return on total capital [%]:       8,86

 

 Balance sheet ratios 2007

 Equity ratio [%]:                 50,33

 Liquidity ratio:                  -1,00

 Return on total capital [%]:       9,21

 

 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:      01.01.2008 - 31.12.2008

 

 ASSETS                                  EUR         13.321.817,97

  Fixed assets                           EUR          1.681.900,60

   Intangible assets                     EUR              3.842,00

    Other / unspecified intangible assetsEUR              3.842,00

   Tangible assets                       EUR          1.528.532,00

    Land / similar rights                EUR            471.945,00

    Plant / machinery                    EUR            621.560,00

    Other tangible assets / fixtures and

    fittings                             EUR            435.027,00

   Financial assets                      EUR            149.526,60

    Other / unspecified financial assets EUR            149.526,60

  Current assets                         EUR         11.637.070,01

   Stocks                                EUR          6.580.917,40

   Accounts receivable                   EUR          1.855.028,67

    Other debtors and assets             EUR          1.855.028,67

   Investments in current assets         EUR            705.300,40

    Other investments                    EUR            705.300,40

   Liquid means                          EUR          2.495.823,54

  Remaining other assets                 EUR              2.847,36

   Accruals (assets)                     EUR              2.847,36

 

 LIABILITIES                             EUR         13.321.817,97

  Shareholders' equity                   EUR          5.179.818,58

   Capital                               EUR          2.500.000,00

    Subscribed capital (share capital)   EUR          2.500.000,00

   Reserves                              EUR          1.500.000,00

    Capital reserves                     EUR          1.500.000,00

   Balance sheet profit/loss (+/-)       EUR          1.179.818,58

    Annual surplus / annual deficit      EUR          1.179.818,58

  Provisions                             EUR          7.307.693,35

  Liabilities                            EUR            834.306,04

   Other liabilities                     EUR            834.306,04

    Unspecified other liabilities        EUR            834.306,04

 

 Profit and loss account (cost-summary method) according to Comm.

 Code (HGB)

  Gross result (+/-)                     EUR          8.407.790,91

  Staff expenses                         EUR          4.636.115,43

   Wages and salaries                    EUR          3.341.086,18

   Social security contributions and

   expenses for pension plans and

   benefits                              EUR          1.295.029,25

  Total depreciation                     EUR            429.274,92

   Depreciation on tangible / intangible

   asssets (incl. start-up and exp. of

   bus.                                  EUR            429.274,92

  Other operating expenses               EUR          1.751.077,50

  Operating result from continuing

  operations                             EUR          1.591.323,06

  Interest result (+/-)                  EUR            176.714,40

   Interest and similar income           EUR            177.283,63

   Interest and similar expenses         EUR                569,23

  Financial result (+/-)                 EUR            176.714,40

  Result from ordinary operations (+/-)  EUR          1.768.037,46

  Income tax / refund of income tax (+/-)EUR           -567.422,93

  Other taxes / refund of taxes          EUR            -20.795,95

  Tax (+/-)                              EUR           -588.218,88

  Annual surplus / annual deficit        EUR          1.179.818,58

 

 Type of balance

 sheet:               Company balance sheet

 

 Financial year:      01.01.2007 - 31.12.2007

 

 ASSETS                                  EUR         15.805.078,00

  Fixed assets                           EUR          1.946.258,47

   Intangible assets                     EUR              3.659,00

    Other / unspecified intangible assetsEUR              3.659,00

   Tangible assets                       EUR          1.852.347,00

    Land / similar rights                EUR            518.642,00

    Plant / machinery                    EUR            867.555,00

    Other tangible assets / fixtures and

    fittings                             EUR            466.150,00

   Financial assets                      EUR             90.252,47

    Other / unspecified financial assets EUR             90.252,47

  Current assets                         EUR         13.842.118,63

   Stocks                                EUR          7.491.373,12

   Accounts receivable                   EUR          2.317.819,15

    Other debtors and assets             EUR          2.317.819,15

   Liquid means                          EUR          4.032.926,36

  Remaining other assets                 EUR             16.700,90

   Accruals (assets)                     EUR             16.700,90

 

 LIABILITIES                             EUR         15.805.078,00

  Shareholders' equity                   EUR          7.955.106,90

   Capital                               EUR          2.500.000,00

    Subscribed capital (share capital)   EUR          2.500.000,00

   Reserves                              EUR          4.000.000,00

    Capital reserves                     EUR          4.000.000,00

   Balance sheet profit/loss (+/-)       EUR          1.455.106,90

    Annual surplus / annual deficit      EUR          1.455.106,90

  Provisions                             EUR          7.286.922,00

  Liabilities                            EUR            563.049,10

   Other liabilities                     EUR            563.049,10

    Unspecified other liabilities        EUR            563.049,10

 

 Profit and loss account (cost-summary method) according to Comm.

 Code (HGB)

  Gross result (+/-)                     EUR          8.865.246,14

  Staff expenses                         EUR          4.387.140,51

   Wages and salaries                    EUR          3.358.993,15

   Social security contributions and

   expenses for pension plans and

   benefits                              EUR          1.028.147,36

  Total depreciation                     EUR            416.882,50

   Depreciation on tangible / intangible

   asssets (incl. start-up and exp. of

   bus.                                  EUR            416.882,50

  Other operating expenses               EUR          1.754.795,36

  Operating result from continuing

  operations                             EUR          2.306.427,77

  Interest result (+/-)                  EUR            131.689,54

   Interest and similar income           EUR            132.289,97

   Interest and similar expenses         EUR                600,43

    thereof paid to related companies    EUR                  0,00

  Financial result (+/-)                 EUR            131.689,54

  Result from ordinary operations (+/-)  EUR          2.438.117,31

  Income tax / refund of income tax (+/-)EUR           -964.113,93

  Other taxes / refund of taxes          EUR            -18.896,48

  Tax (+/-)                              EUR           -983.010,41

  Annual surplus / annual deficit        EUR          1.455.106,90


FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.44.99

UK Pound

1

Rs.73.24

Euro

1

Rs.62.80

 

 

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.