MIRA INFORM REPORT

 

 

Report Date :

02.02.2011

 

IDENTIFICATION DETAILS

 

Name :

KWS KÄCHELE GMBH

 

 

Registered Office :

Parkstr. 18,  D 75175 Pforzheim

 

 

Country :

Germany

 

 

Financials (as on) :

31.12.2009

 

 

Date of Incorporation :

01.07.1969

 

 

Com. Reg. No.:

HRB 502527

 

 

Legal Form :

Private Limited Company.

 

 

Line of Business :

Manufacture of Other General-Purpose Machinery.

 

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 :

10.000 EUR

Status :

Satisfactory

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 – December 31, 2010

 

Country Name

Previous Rating

(30.09.2010)

Current Rating

(31.12.2010)

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

 

KWS Kächele GmbH

 

 

Main addres     

 

Parkstr. 18

D 75175 Pforzheim

Telephone:07231/33408

Telefax:  07231/106548

Homepage: www.kws-kaechele.de

E-mail:   info@kws-kaechele.de

 

 

VAT no           

 

DE144197499

 

 

Syntheris

 

LEGAL FORM               Private limited company

Date of foundation          :  01.07.1969

Shareholders'

Agreement                    : 29.12.1988

Registered on                : 24.02.1989

Commercial Register      : Local court 68159 Mannheim

Under                            : HRB 502527

Share capital                 : EUR 26.000,00

 

 

Shareholder

 

Norbert Kotulla

D 75449 Wurmberg

born: 06.02.1961

Share:             EUR             26.000,00

 

 

Manager

 

Norbert Kotulla

D 75449 Wurmberg

having sole power of representation

born: 06.02.1961

 

 

COMPANY HISTORY

 

01.07.1969 - 18.12.1987 

Östliche Karl-Friedrich-Str.

D 75175 Pforzheim

Limited partnership

 

18.12.1987 - 22.02.1989 

Östliche Karl-Friedrich-Str.

D 75175 Pforzheim

Sole proprietorship

 

22.02.1989 - 01.06.1996 

Parkstr. 18

D 75175 Pforzheim

Private limited company

 

 

BUSINESS ACTIVITIES

 

Sectors

28290   Manufacture of other general-purpose machinery

 

 

FINANCIAL INFORMATION

 

Payment experience      :  within agreed terms

 

Negative information       :We have no negative information at hand.

 

Maximum credit             :      10.000 EUR

 

 

REAL ESTATE

 

Type of ownership:   Tenant

Address   Parkstr. 18

D 75175 Pforzheim

 

Land register documents were not available.

 

 

 

BANKERS

 

SPARKASSE PFORZHEIM CALW, PFORZHEIM

Sort. code: 66650085, BIC: PZHSDE66XXX

 

VOLKSBANK PFORZHEIM, PFORZHEIM

Sort. code: 66690000, BIC: VBPFDE66XXX

 

 

FINANCIAL FIGURES

 

Turnover:            2009                EUR            610.000,00

2010                 EUR            600.000,00

Expected turnover:                      EUR            620.000,00

further business figures:

Total numbers of vehicles:                                      2

Employees:                                                         4

- thereof permanent staff:                                       3

- Temporary workers:                                             1

 

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 [%]:                         67,95

Liquidity ratio:                            10,00

Return on total capital [%]:         9,30

 

Balance sheet ratios                  2008

Equity ratio [%]:                         58,99

Liquidity ratio:                            1,63

Return on total capital [%]:         7,68

 

Balance sheet ratios                  2007

Equity ratio [%]:                         67,39

Liquidity ratio:                            10,00

Return on total capital [%]:         3,82

 

 

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            493.605,72

Fixed assets                           EUR             63.324,00

Intangible assets                     EUR                  1,00

Other / unspecified intangible assetsEUR                  1,00

Tangible assets                       EUR             63.023,00

Other / unspecified tangible assets  EUR             63.023,00

Financial assets                      EUR                300,00

Other / unspecified financial assets EUR                300,00

Current assets                         EUR            430.281,72

Stocks                                EUR             50.062,00

Accounts receivable                   EUR             86.369,20

Other debtors and assets             EUR             86.369,20

Investments in current assets         EUR            100.000,00

Liquid means                          EUR            193.850,52

 

LIABILITIES                             EUR            493.605,72

Shareholders' equity                   EUR            211.143,58

Capital                               EUR             26.000,00

Subscribed capital (share capital)   EUR             26.000,00

Balance sheet profit/loss (+/-)       EUR            185.143,58

Profit / loss brought forward        EUR            139.243,75

Annual surplus / annual deficit      EUR             45.899,83

Provisions                             EUR             76.827,32

Liabilities                            EUR            205.634,82

Other liabilities                     EUR            205.634,82

Unspecified other liabilities        EUR            205.634,82

 

Type of balance

sheet:               Company balance sheet

 

Financial year:      01.01.2008 - 31.12.2008

 

ASSETS                                  EUR            430.458,10

Fixed assets                           EUR            158.075,00

Intangible assets                     EUR                  1,00

Tangible assets                       EUR             67.774,00

Financial assets                      EUR             90.300,00

Current assets                         EUR            272.383,10

Stocks                                EUR             56.964,00

Accounts receivable                   EUR             75.520,22

Investments in current assets         EUR            100.000,00

Liquid means                          EUR             39.898,88

 

LIABILITIES                             EUR            430.458,10

Shareholders' equity                   EUR            165.243,75

Capital                               EUR             26.000,00

Subscribed capital (share capital)   EUR             26.000,00

Balance sheet profit/loss (+/-)       EUR            139.243,75

Profit / loss brought forward        EUR            106.177,35

Annual surplus / annual deficit      EUR             33.066,40

Items between shareholders' equity and

debt capital                           EUR                  0,00

Special items with reserve funds      EUR                  0,00

Provisions                             EUR             90.272,00

Liabilities                            EUR            174.942,35

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.44.38

UK Pound

1

Rs.73.88

Euro

1

Rs.65.83

 

 

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.