MIRA
INFORM REPORT
|
Report Date : |
07.03.2011 |
company name & address
GapCon GmbH
Main address:
Walzwerkstr. 20
D 47877 Willich
Telephone: 02132/13188-0
Telefax: 02132/13188-109
Homepage: www.gapcon.com
E-mail: info@gapcon.com
VAT no
DE814699504
CONCLUSION
Business relations are permissible.
Synthesis
LEGAL FORM Private limited company
Date of foundation: 24.01.2006
Shareholders'
agreement: 24.01.2006
Registered on: 13.01.2011
Commercial Register: Local
court 47798 Krefeld
under: HRB 13288
Share capital:
EUR 1.000.000,00
Shareholder
Irle Deuz GmbH
Hüttenweg 5
D 57250 Netphen
Legal form: Private limited company
Share capital: EUR 4.500.000,00
Share: EUR 800.000,00
Registered on: 30.12.1908
Reg. data: 57072 Siegen, HRB 1181
Shareholder:
Wolfgang Wiertz
D 51371 Leverkusen
born: 05.02.1962
Share: EUR 100.000,00
Shareholder:
Wolfgang Mark
D 40667 Meerbusch
born: 07.02.1965
Share: EUR 100.000,00
Manager
Wolfgang Wiertz
D 51371 Leverkusen
born: 05.02.1962
Profession: graduate engineer
Manager:
Wolfgang Mark
D 40667 Meerbusch
born: 07.02.1965
Profession: graduate engineer
COMPANY HISTORY
06.06.2006 - 13.01.2011
GapCon GmbH
Am
Meerkamp 19
D 40667 Meerbusch
Private limited company
BUSINESS ACTIVITIES
Main industrial sector
17290 Manufacture of other
articles of paper and paperboard
Secondary industrial sector
4690 Non-specialized
wholesale trade
FINANCIAL INFORMATION
Payment experience: within
agreed terms
Negative information: We have no negative information at hand.
Maximum credit: 217.500
EUR
Balance sheet year: 2009
REAL ESTATE
Type of ownership: proprietor
Share: 100,00
%
Address Walzwerkstr.
20
D 47877 Willich
Land register documents
were not available.
BANKERS
Principal bank
SPARKASSE SIEGEN, SIEGEN
Sort. code: 46050001, BIC: WELADED1SIE
Further bank
LANDESBANK BADEN-WÜRTTEMBERG/RHEINLAND-PFALZ BANK, MAINZ A RHEIN
Sort. code: 60050101, BIC: SOLADEST600
FINANCIAL FIGURES
Turnover: 2009 EUR 11.326.371,00
2010 EUR 14.500.000,00
further business figures:
Total numbers of
vehicles:
12
Employees:
28
- thereof permanent
staff:
28
The aforementioned business figures may partly be estimated
information based on average values in the line of business.
BALANCE SHEETS
Balance sheet ratios 2009
Equity ratio [%]: 29,68
Liquidity ratio: 1,35
Return on total capital [%]: 15,12
Balance sheet ratios 2008
Equity ratio [%]: 29,86
Liquidity ratio: 1,56
Return on total capital [%]: 10,88
Balance sheet ratios 2007
Equity ratio [%]: 19,33
Liquidity ratio: 1,31
Return on total capital [%]: 2,97
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 4.808.589,71
Fixed assets
EUR 2.071.417,32
Intangible assets
EUR 3.962,00
Other / unspecified intangible assetsEUR 3.962,00
Tangible assets
EUR 2.043.901,58
Other / unspecified tangible assets
EUR 2.043.901,58
Financial assets
EUR 23.553,74
Other / unspecified financial assets EUR 23.553,74
Current assets
EUR 2.737.172,39
Accounts receivable
EUR 2.688.139,95
Other debtors and assets EUR 2.688.139,95
Liquid means
EUR 49.032,44
LIABILITIES EUR 4.808.589,71
Shareholders' equity
EUR 1.718.427,81
Capital EUR 1.000.000,00
Subscribed capital (share capital)
EUR 1.000.000,00
Balance sheet profit/loss (+/-)
EUR 718.427,81
Profit / loss brought forward
EUR 54.089,38
Annual surplus / annual deficit
EUR 664.338,43
Provisions
EUR 1.358.656,00
Liabilities
EUR 1.731.505,90
Other liabilities
EUR 1.731.505,90
Unspecified other liabilities
EUR 1.731.505,90
Type
of balance
sheet: Company balance sheet
Financial year: 01.01.2008 - 31.12.2008
ASSETS EUR 3.348.257,56
Start-up / business expansion expenses EUR 75.000,00
Fixed assets
EUR 866.431,39
Intangible assets
EUR 5.105,00
Tangible assets
EUR 861.326,39
Current assets
EUR 2.406.826,17
Stocks
EUR 139,14
Accounts receivable
EUR 2.388.149,89
Liquid means
EUR 18.537,14
LIABILITIES EUR 3.348.257,56
Shareholders' equity
EUR 1.054.089,38
Capital
EUR 1.000.000,00
Subscribed capital (share capital)
EUR 1.000.000,00
Balance sheet profit/loss (+/-)
EUR 54.089,38
Profit / loss brought forward
EUR -301.646,01
Annual surplus / annual deficit
EUR 355.735,39
Provisions EUR 748.807,00
Liabilities
EUR 1.545.361,18
MIRA
INFORM REPORT
|
Report Date : |
27.04.2010 |
IDENTIFICATION DETAILS
|
Name : |
GAPCON GMBH |
|
|
|
|
Registered Office : |
Am
Meerkamp 19, 40667
Meerbusch |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2008 |
|
|
|
|
Date of Incorporation : |
24.01.2006 |
|
|
|
|
Legal Form : |
Private limited company |
|
|
|
|
Line of Business : |
Manufacture of other articles of paper and paperboard |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Maximum Credit Limit : |
EUR 150.000,00 |
|
Status : |
Satisfactory |
|
Payment Behaviour : |
Regular |
|
Litigation : |
Clear |
COMPANY NAME &
ADDRESS
GAPCON
GMBH
Am
Meerkamp 19
40667
Meerbusch
Telephone:
02132/13188-0
Telefax: 02132/13188-109
Homepage: www.gapcon.com
E-Mail: info@gapcon.com
VAT no.
DE814699504
CONCLUSION
The
maximum credit is EUR 150.000,00.
Business
relations are permissible.
Synthesis
LEGAL
FORM Private limited company
Date of
foundation: 24.01.2006
Shareholders'
agree-
ment: 24.01.2006
Registered
on: 06.06.2006
Commercial
Register: Local court 41460
under: HRB
13796
Share
capital: EUR 1.000.000,00
Shareholder
Irle
Deuz GmbH
Hüttenweg
5
57250
Netphen
Legal
form: Private limited company
Share
capital: EUR 4.500.000,00
Share: EUR 800.000,00
Reg.
Data: 30.12.1908
HRB 1181
57072
Shareholder
Wolfgang
Mark
40667
Meerbusch
born
07.02.1965
Share: EUR 100.000,00
Shareholder:
Wolfgang
Wiertz
51371
born
05.02.1962
Share: EUR 100.000,00
Manager
Wolfgang
Wiertz
51371
having
sole power of representation
born
05.02.1962
Occupation:
graduate engineer
Manager:
Wolfgang
Mark
40667
Meerbusch
born
07.02.1965
Occupation:
graduate engineer
BUSINESS HISTORY
BUSINESS
ACTIVITIES
17290
Manufacture
of other articles of paper and paperboard
4690
Non-specialized
wholesale trade
BRANCHES AND FACTORIES
Works:
GapCon
GmbH
Walzwerkstr.
20
47877
Willich
FINANCIAL INFORMATION
Payment
experience: within agreed terms
REAL ESTATE
Type of
ownership: Tenant
Address Am Meerkamp 19
40667
Meerbusch
Type of
ownership: unknown
Address Walzwerkstr. 20
47877
Willich
Land
register documents were not available.
BANKERS
COMMERZBANK
VORMALS DRESDNER BANK FIL BÜDERICH, MEERBUSCH
Sort.
code: 30080000
FIGURES
Employees:
20
BALANCE SHEETS
Type of
balance sheet: Company balance sheet
Financial
year end: 31.12.2008
ASSETS
3.348.257,56
Start-up / business expansion expenses 75.000,00
Fixed assets
866.431,39
Intangible assets 5.105,00
Tangible assets
861.326,39
Current assets
2.406.826,17
Stocks
139,14
Accounts receivable
2.388.149,89
Liquid means
18.537,14
LIABILITIES
3.348.257,56
Shareholders' equity 1.054.089,38
Capital 1.000.000,00
Subscribed capital (share capital) 1.000.000,00
Balance sheet profit/loss (+/-) 54.089,38
Profit / loss brought forward -301.646,01
Annual surplus / annual deficit 355.735,39
Provisions
748.807,00
Liabilities
1.545.361,18
The given amounts are EUR values.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.44.99 |
|
|
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 |
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.