MIRA
INFORM REPORT
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Report Date : |
12.03.2011 |
IDENTIFICATION DETAILS
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Name : |
BERTELS TEXTILHANDELS GMBH |
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Registered Office : |
Seebeckstr. 2 D 24568 Kaltenkirchen |
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Country : |
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Financials (as on) : |
31.12.2008 |
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Year of Establishment : |
1996 |
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Com. Reg. No.: |
HRB 3971 NO |
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Legal Form : |
Private Limited Company |
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Line of Business : |
Agents involved in the sale of textiles, apparel, footwear and leather
ware |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Maximum Credit Limit : |
250.000 EUR |
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Status : |
Satisfactory |
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Payment Behaviour : |
Regular |
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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 – December 31, 2010
|
Country Name |
Previous Rating (30.09.2010) |
Current Rating (31.12.2010) |
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A1 |
A1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
Name and address
Bertels Textilhandels GmbH
Company Status: active
Main address:
Seebeckstr. 2
D 24568 Kaltenkirchen
Telephone:04191/721-0
Telefax:
04191/721-211
Homepage: www.bertelstextil.de
E-mail:
info@bertelstextil.de
VAT no.
DE183488500
Registration data
LEGAL FORM Private limited company
Date of foundation: 1996
Begin of business
activities: 03.04.1998
Shareholders'
agreement: 03.04.1998
Registered on: 04.05.1998
Commercial Register: Local
court 24114
under: HRB 3971 NO
Share capital
EUR 511.800,00
Shareholder
Axel Bertels
Lockkoppel 12
D 22391
born: 26.04.1938
Share: EUR 358.200,00
Shareholder:
Martin Bertels
Ulzburger Str. 73a
D 22850
born: 03.04.1969
Share: EUR 51.200,00
Shareholder:
Dittmar Bertels
Schwarzbuchenweg 23
D 22391
born: 11.06.1952
Share: EUR 51.200,00
Shareholder:
Michael Bertels
Finkenried 41
D 22844
born: 23.08.1966
Share: EUR 25.600,00
Shareholder:
Söhnke Ralf
D 45657
Share: EUR 25.600,00
Manager
Michael Bertels
Finkenried 41
D 22844
having sole power of representation
born: 23.08.1966
Manager:
Axel Bertels
Lockkoppel 12
D 22391
having sole power of representation
born: 26.04.1938
Manager:
Dittmar Bertels
Schwarzbuchenweg 23
D 22391
having sole power of representation
born: 11.06.1952
Profession: Businessman
Further functions/participations of Michael Bertels (Manager)
Shareholder:
Q-Company GmbH
Finkenried 41
D 22844
Legal form: Private limited company
Share capital: EUR 25.000,00
Share: EUR 25.000,00
Registered
on:
02.10.2009
Reg. data:
24114
Shareholder:
GARUPA-Textilvertriebs GmbH
Egerländer Str. 22
D 95448
Legal form: Private limited company
dissolved
Share capital: EUR 26.200,00
Share: EUR 13.100,00
Registered
on:
14.03.1989
Reg. data:
95444
Shareholder:
Bertels Grundstücksgesellschaft mbH
Gutenbergring 49a
D 22848
Legal form: Private limited company
Share capital: EUR 50.000,00
Share: EUR 10.000,00
Registered
on:
22.03.2004
Reg. data:
24114
Manager:
Berra Handelsgesellschft mbH
Seebeckstr. 2
D 24568 Kaltenkirchen
Legal form: Private limited company
Share capital: EUR 25.564,59
Registered
on:
27.03.1995
Reg. data:
24114
Manager:
Bertels Grundstücksgesellschaft mbH
Gutenbergring 49a
D 22848
Legal form: Private limited company
Share capital: EUR 50.000,00
Registered
on:
22.03.2004
Reg. data:
24114
Manager:
Q-Company GmbH
Finkenried 41
D 22844
Legal form: Private limited company
Share capital: EUR 25.000,00
Registered
on:
02.10.2009
Reg. data:
24114
Further functions/participations of Axel Bertels (Manager)
Shareholder:
PRO - DESIGN Textilverarbeitungs-GmbH
Bahnhofstr. 66
D 77948 Friesenheim
Legal form: Private limited company
Share capital: EUR 40.000,00
Share: EUR 13.600,00
Registered
on:
13.12.1984
Reg. data:
79098
Shareholder:
Bertels Grundstücksgesellschaft mbH
Gutenbergring 49a
D 22848
Legal form: Private limited company
Share capital: EUR 50.000,00
Share: EUR 10.000,00
Registered
on:
22.03.2004
Reg. data:
24114
Shareholder:
AMP Socks GmbH
Flughafenstr. 52b
D 22335
Legal form: Private limited company
Share capital: EUR 25.200,00
Share: EUR 8.400,00
Registered
on:
15.01.2008
Reg. data:
20355
Liquidator:
BACKTEE Sportswear Vertriebsgesellschaft mbH
Seebeckstr. 2
D 24568 Kaltenkirchen
Legal form: Private limited company
dissolved
Share capital: EUR 25.564,59
Registered
on:
22.11.1994
Reg. data:
24114
Further functions/participations of Dittmar Bertels (Manager)
Shareholder:
Bertels Grundstücksgesellschaft mbH
Gutenbergring 49a
D 22848
Legal form: Private limited company
Share capital: EUR 50.000,00
Share: EUR 10.000,00
Registered
on:
22.03.2004
Reg. data:
24114
Manager:
Berra Handelsgesellschft mbH
Seebeckstr. 2
D 24568 Kaltenkirchen
Legal form: Private limited company
Share capital: EUR
25.564,59
Registered
on:
27.03.1995
Reg. data:
24114
Manager:
Bertels Grundstücksgesellschaft mbH
Gutenbergring 49a
D 22848
Legal form: Private limited company
Share capital: EUR 50.000,00
Registered
on:
22.03.2004
Reg. data:
24114
Liquidator:
Dental-Labor Fehling & Hundertmark GmbH
Bei der Neuen Münze 16
D 22145
Legal form: Private limited company
dissolved
Share capital: EUR 76.693,78
Registered
on:
10.03.1972
Reg. data:
20355
COMPANY HISTORY
1996 - 08.01.2006 Bertels
Textilhandels GmbH
Gutenbergring 71
D 22848
Private
limited company
BUSINESS ACTIVITIES
Sectors
4616 Agents involved in the sale
of textiles, apparel, footwear
and leatherware
4642 Wholesale of clothing and
footwear
FINANCIAL INFORMATION
Payment experience: within agreed
terms
Negative information:We have no negative information at hand.
Maximum credit: 250.000 EUR
Balance sheet year: 2008
REAL ESTATE
Type of ownership: proprietor
Share: 100,00 %
Address Seebeckstr. 2
D 24568 Kaltenkirchen
Land register documents were not available.
BANKERS
Principal bank
HAMBURGER
Sort. code: 20050550, BIC: HASPDEHHXXX
Further banks
Sort. code: 20040000, BIC: COBADEHHXXX
UNICREDIT BANK -
Sort. code: 20030000, BIC: HYVEDEMM300
FINANCIAL FIGURES
Total numbers of vehicles: 12
Employees:
65
BALANCE SHEETS
Balance
sheet ratios 2008
Equity
ratio [%]: 52,58
Liquidity
ratio: 1,09
Return
on total capital [%]: 2,77
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 11.215.743,60
Fixed assets EUR
1.169.485,00
Intangible assets EUR 38.158,00
Concessions, licences, rights EUR 38.158,00
Tangible assets EUR 1.131.327,00
Land / similar rights EUR 10.994,00
Plant / machinery EUR 491.758,00
Other tangible assets / fixtures and
fittings EUR 628.575,00
Current assets EUR 9.896.885,07
Stocks EUR 4.448.369,00
Raw materials, consumables and
supplies EUR 380.275,40
Finished goods / work in progress EUR
3.943.779,13
Advance payments made EUR 124.314,47
Accounts receivable EUR 4.647.903,93
Trade debtors EUR 4.391.838,75
Other debtors and assets EUR 256.065,18
Liquid means EUR 800.612,14
Remaining other assets EUR 149.373,53
Accruals (assets) EUR 149.373,53
LIABILITIES EUR 11.215.743,60
Shareholders' equity EUR 4.847.183,07
Capital EUR 511.800,00
Subscribed capital (share capital) EUR 511.800,00
Balance sheet profit/loss (+/-) EUR 4.335.383,07
Balance sheet profit / loss EUR 4.335.383,07
Provisions EUR 248.830,88
Provisions for taxes EUR 68.472,00
Other / unspecified provisions EUR 180.358,88
Liabilities EUR 6.119.729,65
Financial debts EUR 3.601.994,35
Liabilities due to banks EUR 3.601.994,35
Other liabilities EUR 2.517.735,30
Trade creditors (for IAS incl. bills
of exchange) EUR 1.090.862,50
Liabilities due to shareholders EUR 1.058.630,43
Unspecified other liabilities EUR
368.242,37
thereof liabilities from tax /
financial authorities EUR 335.153,66
Profit
and loss account (cost-summary method) according to Comm.
Code
(HGB)
Sales EUR 20.047.673,37
Other operating income EUR 293.178,69
Cost of materials EUR 13.639.978,51
Raw materials and supplies, purchased
goods EUR 12.793.581,28
Purchased services EUR 846.397,23
Gross result (+/-) EUR 6.700.873,55
Staff expenses EUR 2.926.487,04
Wages and salaries EUR 2.516.765,16
Social security contributions and
expenses for pension plans and
benefits EUR 409.721,88
Total depreciation EUR 305.323,66
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus. EUR 305.323,66
Other operating expenses EUR 2.679.065,73
Operating result from continuing
operations EUR 789.997,12
Interest result (+/-) EUR -331.031,01
Interest and similar income EUR 7.535,43
Interest and similar expenses EUR 338.566,44
Financial result (+/-) EUR -331.031,01
Result from ordinary operations (+/-) EUR
458.966,11
Income tax / refund of income tax
(+/-)EUR -144.385,43
Other taxes / refund of taxes EUR -4.111,00
Tax (+/-) EUR -148.496,43
Annual surplus / annual deficit EUR 310.469,68
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.45.21 |
|
|
1 |
Rs.72.55 |
|
Euro |
1 |
Rs.62.43 |
RATING EXPLANATIONS
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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 |
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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 |
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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.