MIRA INFORM
REPORT
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Report Date : |
11.03.2011 |
IDENTIFICATION DETAILS
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Name : |
SCHIESS MOWEG GMBH |
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Registered Office : |
Egerstr. 73-75, D 41236 Mönchengladbach |
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Country : |
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Financials (as on) : |
31.12.2009 |
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Date of Incorporation : |
23.12.1988 |
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Com. Reg. No.: |
HRB 3470 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
Wholesale of machine tools |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Maximum Credit Limit : |
122.500 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 |
company name & address
Schiess Moweg GmbH
Main address:
Egerstr. 73-75
D 41236 Mönchengladbach
Telephone: 02166/61530
Telefax:
02166/615315
Homepage: www.schiess-moweg.de
E-mail:
info@schiess-moweg.de
VAT no
DE119266578
Synthesis
LEGAL FORM Private limited company
Date of foundation: 1856
Shareholders'
agreement: 30.11.1959
Registered on: 23.12.1988
Commercial Register: Local
court 41061 Mönchengladbach
under: HRB 3470
Share capital:
EUR 409.033,51
Shareholder
Wolfgang Weiergräber
Benderstr. 8
D 40625 Düsseldorf
born: 07.05.1959
Share: EUR 210.652,26
Shareholder:
Karl-Heinz Wenz
Süllbergsterrasse 54
D 22587
Share: EUR 81.806,70
Shareholder:
Klaus Kitschke
Kurt-Clemens-Weg 14
D 41238 Mönchengladbach
born: 28.12.1966
Share: EUR 61.355,03
Shareholder:
Rolf van den Brand
Nüss Drenk 1a
D 47918 Tönisvorst
born: 15.03.1954
Share: EUR 55.219,52
Manager
Wolfgang Weiergräber
Benderstr. 8
D 40625 Düsseldorf
having sole power of representation
born: 07.05.1959
Profession: Businessman
Manager:
Klaus Kitschke
Kurt-Clemens-Weg 14
D 41238 Mönchengladbach
having sole power of representation
born: 28.12.1966
Profession: Businessman
Further functions/participations of Wolfgang Weiergräber (Manager)
Shareholder:
Schiess Moweg Grundbesitz GmbH
Egerstr. 73-75
D 41236 Mönchengladbach
Legal form: Private limited company
Share capital: EUR 102.258,38
Share: EUR 52.663,06
Registered
on:
21.09.1998
Reg. data:
41061 Mönchengladbach, HRB 5921
Manager:
Schiess Moweg Grundbesitz GmbH
Egerstr. 73-75
D 41236 Mönchengladbach
Legal form: Private limited company
Share capital: EUR 102.258,38
Registered
on:
21.09.1998
Reg. data:
41061 Mönchengladbach, HRB 5921
Further functions/participations of Klaus Kitschke (Manager)
Shareholder:
Schiess Moweg Grundbesitz GmbH
Egerstr. 73-75
D 41236 Mönchengladbach
Legal form: Private limited company
Share capital: EUR 102.258,38
Share: EUR 15.338,76
Registered
on:
21.09.1998
Reg. data:
41061 Mönchengladbach, HRB 5921
Manager:
Schiess Moweg Grundbesitz GmbH
Egerstr. 73-75
D 41236 Mönchengladbach
Legal form: Private limited company
Share capital: EUR 102.258,38
Registered
on:
21.09.1998
Reg. data:
41061 Mönchengladbach, HRB 5921
COMPANY HISTORY
25.10.1988 - 23.12.1988 Schiess
Moweg GmbH
D 40210
Düsseldorf
Private
limited company
BUSINESS ACTIVITIES
Secondary industrial sector
46620 Wholesale of machine tools
FINANCIAL INFORMATION
Payment experience: within
agreed terms
Negative information: We have
no negative information at hand.
Maximum credit: 122.500 EUR
REAL ESTATE
Type of ownership: Tenant
Address Egerstr. 73-75
D
41236 Mönchengladbach
Land register documents were not available.
BANKERS
DEUTSCHE BANK, MÖNCHENGLADBACH
Sort. code: 31070001, BIC: DEUTDEDD310
FINANCIAL FIGURES
Total
numbers of vehicles: 5
-
Lorries:
1
-
Passenger cars:
4
Employees:
14
-
thereof permanent staff: 14
BALANCE SHEETS
Balance
sheet ratios 2009
Equity
ratio [%]: 48,17
Liquidity
ratio: 0,14
Return
on total capital [%]: -1,68
Balance
sheet ratios 2008
Equity
ratio [%]: 41,89
Liquidity
ratio: 1,10
Balance
sheet ratios 2007
Equity
ratio [%]: 32,30
Liquidity
ratio: 0,84
Return
on total capital [%]: 7,97
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 3.369.979,43
Fixed assets EUR 43.137,00
Intangible assets EUR 506,00
Other / unspecified intangible
assetsEUR 506,00
Tangible assets EUR 42.631,00
Other / unspecified tangible assets EUR 42.631,00
Current assets EUR 2.987.924,43
Stocks EUR 2.466.515,82
Accounts receivable EUR 174.619,98
Other
debtors and assets EUR 174.619,98
Investments in current assets EUR 5.652,43
Liquid means EUR 341.136,20
Remaining other assets EUR 338.918,00
Accruals (assets) EUR 338.918,00
LIABILITIES EUR 3.369.979,43
Shareholders' equity EUR 1.623.552,86
Capital EUR 409.033,50
Subscribed capital (share capital) EUR 409.033,50
Reserves EUR 73.382,11
Retained earnings / revenue reserves
EUR 73.382,11
Balance sheet profit/loss (+/-) EUR
1.141.137,25
Profit / loss brought forward EUR 1.197.776,89
Annual surplus / annual deficit EUR -56.639,64
Provisions EUR 183.066,00
Liabilities EUR 1.563.360,57
Other liabilities EUR 1.563.360,57
Unspecified other liabilities EUR 1.563.360,57
Type
of balance
sheet: Company balance sheet
Financial
year: 01.01.2008 - 31.12.2008
ASSETS EUR 4.010.386,62
Fixed assets EUR 57.711,00
Intangible assets EUR 1.508,00
Tangible assets EUR
56.203,00
Financial assets EUR 0,00
Current assets EUR 3.766.058,62
Stocks EUR 1.859.818,67
Accounts receivable EUR 157.505,26
Investments in current assets EUR 678.247,62
Liquid means EUR 1.070.487,07
Remaining other assets EUR 186.617,00
Accruals (assets) EUR 186.617,00
LIABILITIES EUR 4.010.386,62
Shareholders' equity EUR 1.680.192,50
Capital EUR 409.033,50
Subscribed capital (share capital) EUR 409.033,50
Reserves EUR 73.382,11
Retained earnings / revenue reserves
EUR 73.382,11
Balance sheet profit/loss (+/-) EUR 1.197.776,89
Profit / loss brought forward EUR 1.095.136,15
Annual surplus / annual deficit EUR 0,00
Balance sheet profit / loss EUR 102.640,74
Provisions EUR 1.116.390,77
Liabilities EUR 1.213.803,35
Other liabilities EUR 0,00
Deferrals (liabilities) EUR 0,00
There may have been some changes since our last research took place.
Therefore, a freshly researched report will follow shortly.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.45.11 |
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|
1 |
Rs.72.91 |
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Euro |
1 |
Rs.62.56 |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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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 |
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<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.