MIRA INFORM
REPORT
|
Report Date : |
07.05.2011 |
Company name & address
NORD-SCHROTT GmbH & Co. KG
Main address:
Lilienthalstr. 30
D 24941 Flensburg
Telephone: 0461/50340-0
Telefax: 0461/50340-15
Homepage: www.nord-schrott.de
E-mail: info@nord-schrott.de
VAT no.
DE134635510
CONCLUSION
Business relations are permissible.
Synthesis
LEGAL FORM Ltd partnership with priv. ltd. company as
general partner
Date of foundation: 01.01.1987
Begin of business
activities: 01.01.1987
Registered on: 26.01.1987
Register of
companies: Local court 24937 Flensburg
under: HRA 2899 FL
Total cap. contribution:
EUR 4.000.000,00
Limited partner
Ludwig Feldhaus Schrottgroßhandel GmbH
Am Thingplatz 19
D 24960 Glücksburg
Legal form: Private limited company
Share capital: EUR 110.000,00
Share: EUR 1.600.000,00
Registered on: 01.02.1978
Reg. data: 24937 Flensburg, HRB 681 FL
Limited partner:
Bent-Michael Lassen
Pattburger Bogen 5
D 24955 Harrislee
born: 04.05.1958
Share: EUR 1.600.000,00
Limited partner:
Jens Roed
Wiesenkamp 4
D 24955 Harrislee
born: 12.10.1967
Share: EUR 800.000,00
General partner
NORD-SCHROTT Verwaltungsgesellschaft mbH
Lilienthalstr. 30
D 24941 Flensburg
Legal form: Private limited company
Share capital: EUR 30.000,00
Registered on: 19.12.1986
Reg. data: 24937 Flensburg, HRB 1626 FL
Shareholder
Bent-Michael Lassen
Pattburger Bogen 5
D 24955 Harrislee
born: 04.05.1958
Share: EUR 12.000,00
Shareholder:
Holger Müller
Am Thingplatz 19
D 24960 Glücksburg
born: 02.10.1964
Share: EUR 12.000,00
Shareholder:
Jens Roed
Wiesenkamp 4
D 24955 Harrislee
born: 12.10.1967
Share: EUR 6.000,00
Manager
Bent-Michael Lassen
Pattburger Bogen 5
D 24955 Harrislee
born: 04.05.1958
Profession: Businessman
Marital status: married
Manager:
Jens Roed
Wiesenkamp 4
D 24955 Harrislee
born: 12.10.1967
Profession: Businessman
Marital status: unknown
Proxy
Thomas Rohweder
D 24955 Harrislee
having sole power of representation
born: 08.04.1958
Proxy:
Bernd Hall
D 24975 Husby
having sole power of representation
born: 14.01.1955
Proxy:
Klaus Trapp
D 22113 Oststeinbek
authorized to jointly represent the company
born: 14.03.1954
BUSINESS ACTIVITIES
Sectors
46770 Wholesale of waste
and scrap
PARTICIPATIONS
Limited partner:
Balzersen GmbH & Co. Kommanditgesellschaft
Mühlenweg 1
D 24955 Harrislee
Legal form: Ltd partnership with priv. ltd.
company as general partner
Company Status: active
Total cap. EUR 515.000,00
contribution:
Share: EUR 412.000,00
Reg. data: 29.01.1996
Local court 24937 Flensburg
HRA 3631 FL
Limited partner:
SG Flensburg-Handewitt Handball-Bundesliga
GmbH & Co. Kommanditgesellschaft
Schiffbrücke 66
D 24939 Flensburg
Legal form: Ltd partnership with priv. ltd.
company as general partner
Company Status: active
Total cap. EUR 880.188,90
contribution:
Share: EUR 51.129,19
Reg. data: 29.01.1996
Local court 24937 Flensburg
HRA 3630 FL
Limited partner:
Flensburger Palettenbau GmbH & Co.
Kommanditgesellschaft
Lilienthalstr. 30
D 24941 Flensburg
Legal form: Ltd partnership with priv. ltd.
company as general partner
Company Status: active
Total cap. EUR 30.000,00
contribution:
Share: EUR 30.000,00
Reg. data: 20.04.1995
Local court 24937 Flensburg
HRA 3552 FL
Shareholder:
NORD-SCHROTT International GmbH
Lilienthalstr. 30
D 24941 Flensburg
Legal form: Private limited company
Company Status: active
Share capital: EUR 1.000.000,00
Share: EUR 1.000.000,00
Reg. data: 11.06.2003
Local court 24937 Flensburg
HRB 4744 FL
Shareholder:
MEISH Mittelständische Entsorgungsinitiative
Schleswig-Holstein GmbH
Eckernförder Landstr. 300
D 24941 Flensburg
Legal form: Private limited company
Company Status: active
Share capital: EUR 1.000.000,00
Share: EUR 200.000,00
Reg. data: 23.11.2005
Local court 24937 Flensburg
HRB 5562 FL
Shareholder:
Balzersen GmbH
Mühlenweg 1
D 24955 Harrislee
Legal form: Private limited company
Company Status: active
Share capital: EUR 30.000,00
Share: EUR 16.500,00
Reg. data: 06.03.1995
Local court 24937 Flensburg
HRB 3009 FL
FINANCIAL INFORMATION
Payment experience: within agreed terms
Negative information: We have no negative information at hand.
Maximum credit: 250.000
EUR
Balance sheet year: 2006/2007
REAL ESTATE
Type of ownership: proprietor
Share: 100,00 %
Address Lilienthalstr. 30
D
24941 Flensburg
Type of real estate:
Commercial building
Size: 70.000,00sq.m
Value at selling
price: EUR 12.782.000,00
Real Estate of:: NORD-SCHROTT Verwaltungsgesellschaft mbH
Type of ownership: Tenant
Address Lilienthalstr. 30
D
24941 Flensburg
Land register documents
were not available.
BANKERS
Principal bank
UNICREDIT BANK - HYPOVEREINSBANK, FLENSBURG
Sort. code: 20030000, BIC: HYVEDEMM300
Further banks
NORD-OSTSEE SPARKASSE, FLENSBURG
Sort. code: 21550050, BIC: NOLADE21FLS
DEUTSCHE BANK, FLENSBURG
Sort. code: 21570011, BIC: DEUTDEHH215
NORD-OSTSEE SPARKASSE, FLENSBURG
Sort. code: 21750000, BIC: NOLADE21NOS
FINANCIAL FIGURES
Turnover: 2008/2009 EUR 357.977.168,00
Profit: 2008/2009 EUR 4.449.783,00
Total numbers of vehicles: 58
-
Lorries:
18
-
Passenger cars:
10
Employees: 177
BALANCE SHEETS
Balance sheet ratios 2006/2007
Equity ratio [%]: 51,39
Liquidity ratio: 1,62
Return on total capital [%]: 27,47
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: 01.04.2006 - 31.03.2007
ASSETS EUR 47.902.580,00
Fixed assets
EUR 8.245.880,53
Intangible assets
EUR 37.371,00
Concessions, licences, rights
EUR 37.371,00
Tangible assets
EUR 6.143.583,63
Land / similar rights
EUR 4.579.477,50
Plant / machinery
EUR 823.983,00
Other tangible assets / fixtures and
fittings EUR 663.732,00
Advance payments made / construction
in progress
EUR 76.391,13
Financial assets
EUR 2.064.925,90
Shares in participations /
subsidiaries
and the like EUR 1.564.823,64
Shares in related companies
EUR 1.494.152,00
Shares in investee companies
EUR 70.671,64
Loans to participations /
subsidiaries and the like
EUR 500.000,00
Loans to related companies
EUR 500.000,00
Other loans
EUR 102,26
Current assets
EUR 39.553.415,47
Stocks EUR 10.489.082,32
Raw materials, consumables and
supplies
EUR 31.600,50
Finished goods / work in progress
EUR 10.457.481,82
Accounts receivable EUR
29.018.974,62
Trade debtors
EUR 25.594.636,50
Amounts due from related companies
EUR 653.430,35
Amounts due from investee companies
EUR 3.276,78
Other debtors and assets
EUR 2.767.630,99
Liquid means
EUR 45.358,53
Remaining other assets
EUR 103.284,00
Accruals (assets)
EUR 103.284,00
LIABILITIES EUR 47.902.580,00
Shareholders' equity
EUR 4.025.564,59
Capital
EUR 4.025.564,59
Capital of the fully liable partner
(LP, general partnership)
EUR 25.564,59
Capital contribution of gen.
partner/accounts of the pers. liable
shareholder
EUR 25.564,59
Limited partner's capital / capital
of
partially liable partner (LP)
EUR 4.000.000,00
Limited partner's capital, fixed
capital, capital account I
EUR 4.000.000,00
Provisions
EUR 5.348.844,68
Pension provisions and comparable
provisions
EUR 3.330,00
Provisions for taxes
EUR 2.437.400,00
Other / unspecified provisions
EUR 2.908.114,68
Liabilities
EUR 38.528.170,73
Financial debts
EUR 7.447.483,12
Liabilities due to banks
EUR 7.447.483,12
Other liabilities
EUR 31.080.687,61
Trade creditors (for IAS incl. bills
of exchange)
EUR 9.313.577,15
Liabilities due to shareholders
EUR 20.601.760,36
Liabililties due to related companiesEUR 517.325,63
Liabilities due to investee companiesEUR 13.095,94
Unspecified other liabilities
EUR 634.928,53
thereof liabilities from tax /
financial authorities
EUR 52.008,04
thereof liabilities from social
security EUR 12.314,09
Profit and loss account (cost-summary method)
according to Comm.
Code
(HGB)
Sales
EUR 292.679.858,97
Inventory change + own costs (+/-)
EUR 1.614.196,22
Inventory change (+/-)
EUR 1.614.196,22
Other operating income
EUR 933.973,26
Cost of materials
EUR 253.838.835,07
Raw materials and supplies, purchased
goods EUR 253.027.748,47
Purchased services
EUR 811.086,60
Gross result (+/-)
EUR 41.389.193,38
Staff expenses
EUR 6.047.925,08
Wages and salaries
EUR 4.980.825,67
Social security contributions and
expenses for pension plans and
benefits
EUR 1.067.099,41
Total depreciation
EUR 985.577,55
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus.
EUR 985.577,55
Other operating expenses
EUR 17.066.915,09
Operating result from continuing
operations
EUR 17.288.775,66
Result from participating interests
(+/-)
EUR 186.584,21
Expenses / income from participations EUR 186.584,21
Income from related companies
EUR 186.584,21
Interest result (+/-)
EUR -1.307.711,17
Interest and similar income
EUR 268.445,01
thereof from related companies
EUR 268.445,01
Interest and similar expenses
EUR 1.576.156,18
Other financial result
EUR -314.998,00
Income from securities and loans from
financial assets
EUR 35.000,00
thereof
related companies EUR 35.000,00
Depreciation on financial assets and
marketable securities
EUR 349.998,00
Financial result (+/-)
EUR -1.436.124,96
Result from ordinary operations (+/-)
EUR 15.852.650,70
Income tax / refund of income tax (+/-)EUR -2.651.564,66
Other taxes / refund of taxes
EUR -46.399,93
Tax
(+/-)
EUR -2.697.964,59
Annual surplus / annual deficit
EUR 13.154.686,11
MIRA INFORM
REPORT
|
Prepared for : |
Union Bank of |
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|
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Your Ref. No.: |
MTC Business P Ltd |
|
Report No. : |
110757 |
|
Inquiry Date : |
11.06.2010 |
|
Report Date : |
15.06.2010 |
INQUIRY DETAILS
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Given Name : |
Nord Schrott Gmbh And Co KG |
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Given Address : |
Lilienthalstrabe 30, D 24941 |
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Tel. No.: |
49-461-50340-0 |
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Fax No.: |
49461 50340-15 |
IDENTIFICATION DETAILS
|
Name : |
NORD-SCHROTT GMBH & CO. KG |
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Registered Office : |
Lilienthalstr. 30, 24941 |
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Country : |
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Date of Incorporation : |
26.01.1987 |
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Com. Reg. No.: |
HRA 2899 FL |
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Legal Form : |
Ltd
partnership with priv. ltd. company as general partner |
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Line of Business : |
Wholesale
of waste and scrap |
RATING & COMMENTS
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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 : |
EUR
250.000,00 |
|
Status : |
Good |
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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 – April 1, 2010
|
Country Name |
Previous Rating (31.12.2009) |
Current Rating (01.04.2010) |
|
|
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
NORD-SCHROTT GmbH & Co. KG
Lilienthalstr. 30
24941 Flensburg
Telephone: 0461/50340-0
Telefax: 0461/50340-15
Homepage: www.nord-schrott.de
E-Mail: info@nord-schrott.de
VAT no
DE134635510
CONCLUSION
The maximum credit is EUR 250.000,00.
Business relations are permissible.
Synthesis
LEGAL FORM Ltd
partnership with priv. ltd. company as
general partner
Date of foundation: 01.01.1987
Begin of
Business activities: 01.01.1987
Registered on: 26.01.1987
Register of Local court 24937 FLENSBURG
companies:
under: HRA
2899 FL
Total cap.
contribution: EUR 4.000.000,00
General partner
NORD-SCHROTT Verwaltungsgesellschaft mbH
Lilienthalstr. 30
24941 Flensburg
Legal form: Private limited company
Share capital: EUR 30.000,00
Reg. Data: 19.12.1986
HRB 1626 FL
24937 FLENSBURG
Shareholder
Bent-Michael Lassen
Pattburger Bogen 5
24955 Harrislee
born 04.05.1958
Share: EUR 12.000,00
Shareholder:
Holger Müller
Am Thingplatz 19
24960 Glücksburg
born 02.10.1964
Share: EUR
12.000,00
Shareholder:
Jens Roed
Wiesenkamp 4
24955 Harrislee
born 12.10.1967
Share: EUR 6.000,00
Manager
Bent-Michael Lassen
Pattburger Bogen 5
24955 Harrislee
born 04.05.1958
Occupation: Businessman
Marital status: married
Manager:
Jens Roed
Wiesenkamp 4
24955 Harrislee
born 12.10.1967
Occupation: Businessman
Marital status: unknown
Limited partner
Ludwig Feldhaus Schrottgroßhandel GmbH
Am Thingplatz 19
24960 Glücksburg
Legal form: Private limited company
Share capital: EUR 110.000,00
Share: EUR 1.600.000,00
Reg. Data: 01.02.1978
HRB 681 FL
24937 FLENSBURG
Limited partner:
Bent-Michael Lassen
Pattburger Bogen 5
24955 Harrislee
born 04.05.1958
Share: EUR
1.600.000,00
Limited partner:
Jens Roed
Wiesenkamp 4
24955 Harrislee
born 12.10.1967
Share: EUR 800.000,00
Proxy
Thomas Rohweder
24955 Harrislee
having sole power of representation
born 08.04.1958
Proxy:
Klaus Trapp
22113 Oststeinbek
authorized to jointly represent the company
born 14.03.1954
Proxy:
Bernd Hall
24975 Husby
having sole power of representation
born 14.01.1955
BUSINESS HISTORY
Beginning of business activities:01.01.1987
BUSINESS ACTIVITIES
46770
Wholesale of waste and scrap
PARTICIPATION
Limited partner:
Balzersen GmbH & Co. Kommanditgesellschaft
Mühlenweg 1
24955 Harrislee
Legal form: Ltd partnership with priv. ltd.
company as general partner
Total cap. contribution: EUR
515.000,00
Share: EUR 412.000,00
Reg. Data: 29.01.1996
HRA 3631 FL
24937 FLENSBURG
Turnover: EUR 6.000.000,00
Employees: 60
Limited partner:
SG Flensburg-Handewitt Handball-Bundesliga
GmbH & Co. Kommanditgesellschaft
Schiffbrücke 66
24939 Flensburg
Legal form: Ltd partnership with priv. ltd.
company as general partner
Total cap. contribution: EUR
880.188,90
Share: EUR 51.129,19
Reg. Data: 29.01.1996
HRA 3630 FL
24937 FLENSBURG
Shareholder:
NORD-SCHROTT International GmbH
Lilienthalstr. 30
24941 Flensburg
Legal form: Private limited company
Share capital: EUR 1.000.000,00
Share: EUR 1.000.000,00
Reg. Data: 11.06.2003
HRB 4744 FL
24937 FLENSBURG
Employees: 5
Shareholder:
MEISH Mittelständische Entsorgungs-
Initiative Schleswig-Holstein GmbH
Eckernförder Landstr. 300
24941 Flensburg
Legal form: Private limited company
Share capital: EUR 1.000.000,00
Share: EUR 200.000,00
Reg. Data: 23.11.2005
HRB 5562 FL
24937 FLENSBURG
Turnover: EUR 2.760.000,00
Employees: 12
Shareholder:
Balzersen GmbH
Mühlenweg 1
24955 Harrislee
Legal form: Private limited company
Share capital: EUR 30.000,00
Share: EUR 15.645,53
Reg. Data: 06.03.1995
HRB 3009 FL
24937 FLENSBURG
FINANCIAL INFORMATION
Payment experience: within
agreed terms
REAL ESTATE
Type of ownership:
proprietor
Share: 100,00
%
Address
Lilienthalstr. 30
24941 Flensburg
Type of real estate: Commercial building
Size:
70.000,00 sq.m
Value at selling price: EUR 12.782.000,00
Private real
estate
Name
NORD-SCHROTT Verwaltungsgesellschaft mbH
Type of ownership: Tenant
Address
Lilienthalstr. 30
24941 Flensburg
Land register documents were not available.
BANKERS
UNICREDIT BANK - HYPOVEREINSBANK, FLENSBURG
Sort. code: 20030000
NORD-OSTSEE SPARKASSE, FLENSBURG
Sort. code: 21550050
DEUTSCHE BANK, FLENSBURG
Sort. code: 21570011
NORD-OSTSEE SPARKASSE, FLENSBURG
Sort. code: 21750000
FIGURES
Financial year: 01.04. - 31.03.
Turnover: 2007/2008 EUR 480.224.990,00
2008/2009 EUR 357.977.168,00
Profit: 2007/2008 EUR 12.259.976,00
2008/2009 EUR
4.449.783,00
Total cap. contribution: EUR 4.000.000,00
Value of stocks: EUR 13.590.222,00
Equipment: EUR 3.127.341,00
Ac/ts receivable: EUR 33.899.068,00
Liabilities: EUR 6.576.093,00
Real
estate of the firm:
EUR 7.646.446,00
Total number of vehicles: 58
- Lorries
(owned): 18
-
Cars (owned):
10
-
Special-purpose vehicles:
30
Employees:
177
The aforementioned
business figures may partly be estimated information based on average values in
the line of business.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.44.78 |
|
|
1 |
Rs.73.43 |
|
Euro |
1 |
Rs.65.27 |
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 |
|
NR |
In view of the lack of information, we have no basis upon which to
recommend credit dealings |
No Rating |
|
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.