MIRA INFORM REPORT

 

 

Report Date :           

11.05.2011

 

IDENTIFICATION DETAILS

 

Name :

REFRATECHNIK STEEL GMBH

 

 

Registered Office :

Schiessstr. 58, D 40549 Düsseldorf

 

 

Country :

Germany

 

 

Date of Incorporation :

19.01.1999

 

 

Com. Reg. No.:

HRB 36903

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Manufacture of refractory products

 

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 :

250.000 EUR

Status :

Good

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 & address

 

Refratechnik Steel GmbH

 

Main address:

Schiessstr. 58

D 40549 Düsseldorf

Telephone:        0211/5858-0

Telefax:             0211/5858-46

Homepage:        www.refra.com

E-mail:              steel@refra.com

 

 

Synthesis

 

LEGAL FORM               Private limited company

Date of foundation:         30.01.1997

Shareholders'

agreement:                    30.01.1997

Registered on:               19.01.1999

Commercial Register:     Local court 40213 Düsseldorf

under:                                       HRB 36903

Share capital:                 EUR          5.000.000,00

 

 

Shareholder

 

Refratechnik Holding GmbH

Adalperostr. 86

D 85737 Ismaning

Legal form: Private limited company

Share capital:     EUR        105.000.000,00

Share:             EUR          5.000.000,00

Registered on: 21.08.2001

Reg. data: 80797 München, HRB 138677

Control and profit transfer agreement

 

 

Manager

 

Hartmut Bunse

Saarwerdenstr. 5

D 40547 Düsseldorf

having sole power of representation

born: 21.03.1940

Profession: graduate engineer

Marital status: married

 

Manager:

Dr. Rainer Gaebel

D 37120 Bovenden

having sole power of representation

born: 20.04.1965

 

 

Proxy

 

Helge Jansen

D 37133 Friedland

authorized to jointly represent the company

born: 26.07.1962

 

Proxy:

Ralf Bechinger

D 45127 Essen

authorized to jointly represent the company

born: 24.11.1968

 

Proxy:

Thomas Leppkes

D 47053 Duisburg

authorized to jointly represent the company

born: 25.07.1963

 

 

Further functions/participations of Dr. Rainer Gaebel (Manager)

 

Manager:

                     Refratechnik Casting GmbH

                     Schiessstr. 58

                     D 40549 Düsseldorf

                     Legal form: Private limited company

                     Share capital:     EUR          1.000.000,00

                     Registered

                     on:         11.09.2009

                     Reg. data:  40213 Düsseldorf, HRB 61778

 

 

COMPANY HISTORY

 

30.01.1997 - 31.07.1998  Refratechnik Steel GmbH

                         Knöbelstr. 36

                         D 80538 München

                         Private limited company

31.07.1998 - 31.07.1998  Refratechnik Steel GmbH

                         Adalperostr. 22

                         D 85737 Ismaning

                         Private limited company

 

 

BUSINESS ACTIVITIES

 

Sectors

23200   Manufacture of refractory products

4612   Agents involved in the sale of fuels, ores, metals and industrial chemicals

 

 

BRANCHES AND FACTORIES

 

Branch:

                     Refratechnik Steel GmbH

                     Horchemsweg 22

                     D 56170 Bendorf

                     TEL.: 02622/921479

 

 

PARTICIPATIONS

 

Shareholder:

                     Refratechnik Casting GmbH

                     Schiessstr. 58

                     D 40549 Düsseldorf

                     Legal form: Private limited company

                     Company Status: active

                     Share capital:     EUR          1.000.000,00

                     Share:             EUR          1.000.000,00

                     Reg. data:  11.09.2009

                                 Local court 40213 Düsseldorf

                                 HRB 61778

 

 

FINANCIAL INFORMATION

 

Payment experience:     within agreed terms

 

Negative information:      We have no negative information at hand.

 

Maximum credit:            250.000 EUR

 

 

REAL ESTATE

 

Type of ownership:         Tenant

Address                        Schiessstr. 58

                                    D 40549 Düsseldorf

 

Land register documents were not available.

 

 

BANKERS

 

Principal bank

DEUTSCHE BANK, GÖTTINGEN, NIEDERSACHS

Sort. code: 26070072, BIC: DEUTDE2H260

 

Further banks

BADEN-WÜRTTEMBERGISCHE BANK, KARLSRUHE, BADEN

Sort. code: 66020020, Account no.: 4041643000, BIC: SOLADEST663

 

COMMERZBANK, DÜSSELDORF

Sort. code: 30040000, Account no.: 5811070, BIC: COBADEDDXXX

 

DEUTSCHE BANK, MÜNCHEN

Sort. code: 70070010, Account no.: 2007615, BIC: DEUTDEMMXXX

 

HSBC TRINKAUS & BURKHARDT, DÜSSELDORF

Sort. code: 30030880, Account no.: 2465027, BIC: TUBDDEDDXXX

 

 

FINANCIAL FIGURES

 

Financial year:      01.01. - 31.12.

Share capital:                          EUR          5.000.000,00

Employees:                                                     86

- thereof permanent staff:                                     82

- Trainees:                                                     4

 

Control and profit transfer agreement to:

                     Refratechnik Holding GmbH

                     Adalperostr. 86

                     D 85737 Ismaning

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.44.73

UK Pound

1

Rs.73.21

Euro

1

Rs.63.90

 

 

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.