MIRA INFORM
REPORT
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Report Date : |
14.05.2011 |
IDENTIFICATION DETAILS
|
Name : |
PAULIG TEPPICHWEBEREI GMBH |
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Registered Office : |
Gewerbering-Nord
1, D 97359 Schwarzach |
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Country : |
Germany |
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Financials (as on) : |
30.06.2010 |
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Date of Incorporation : |
06.07.1982 |
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Com. Reg. No.: |
HRB 2081 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
Manufacture of carpets and rugs |
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 : |
79.000 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) |
|
Germany |
a1 |
a1 |
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Risk Category |
ECGC
Classification |
|
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
Paulig Teppichweberei
GmbH
Main address:
Gewerbering-Nord 1
D 97359 Schwarzach
Telephone: 09324/9820-0
Telefax: 09321/9820-20
Homepage: www.paulig.de
E-mail: zentrale@paulig.de
VAT no.
DE134177383
Synthesis
LEGAL FORM Private
limited company
Date of foundation: 22.06.1982
Shareholders'
agreement: 22.06.1982
Registered on: 06.07.1982
Commercial Register: Local court 97070 Würzburg
under: HRB
2081
Share capital: EUR 1.280.000,00
Shareholder
Thomas Paulig
Fröhstockheimer
Weg 7
D 97350
Mainbernheim
born: 28.01.1962
Share: EUR 998.400,00
Shareholder:
Ingo Paulig
Am Schäferberg 2
D 08297 Zwönitz
Share: EUR 281.600,00
Manager
Thomas Paulig
Fröhstockheimer
Weg 7
D 97350
Mainbernheim
having sole power
of representation
born: 28.01.1962
Profession:
Businessman
Marital status:
married
Manager:
Frank Dornacher
Kirchplatz 7
OT Fröhstockheim
D 97348 Rödelsee
authorized to jointly
represent the company
born: 22.01.1960
Profession:
Businessman
Marital status:
married
Manager:
Christian Paulig
Rudolf-Diesel-Str.
1
D 97318 Kitzingen
born: 28.04.1966
Proxy
Stefan Müller
Rudolf-Diesel-Str.
1
D 97318 Kitzingen
having sole power of
representation
born: 15.04.1969
Profession:
Balance sheet accountant
Marital status:
single
Further functions/participations of Thomas Paulig (Manager)
Shareholder:
Daishiro GmbH
Hoheimer Str. 1
D 97318 Kitzingen
Legal form:
Private limited company
dissolved
Share
capital: EUR 25.600,00
Share: EUR 12.800,00
Registered
on: 31.08.1999
Reg. data: 97070 Würzburg, HRB 6690
Liquidator:
Daishiro GmbH
Hoheimer Str. 1
D 97318 Kitzingen
Legal form: Private
limited company
dissolved
Share
capital: EUR 25.600,00
Registered
on: 31.08.1999
Reg. data: 97070 Würzburg, HRB 6690
Further functions/participations of Christian Paulig (Manager)
Limited partner:
United Yarns GmbH
& Co. KG
Mühlbachgasse 4
D 87629 Füssen
Legal form: Ltd
partnership with priv. ltd.
company as general
partner
dissolved
Total cap. EUR 150.000,00
contribution:
Share: EUR 150.000,00
Registered
on: 21.12.2007
Reg. data: 87435 Kempten, HRA 8790
Shareholder:
United Yarns
Verwaltungs-GmbH
Mühlbachgasse 4
D 87629 Füssen
Legal form:
Private limited company in
liquidation
Share
capital: EUR 25.000,00
Share: EUR 24.500,00
Registered
on: 21.12.2007
Reg. data: 87435 Kempten, HRB 9648
COMPANY HISTORY
23.01.2004 - 20.10.2004 Paulig Teppichweberei GmbH
Hoheimer Str. 1
D 97318 Kitzingen
Private limited
company
BUSINESS ACTIVITIES
Sectors
13930
Manufacture of carpets and rugs
46410
Wholesale of textiles
FINANCIAL INFORMATION
Payment experience: without complaints
Negative information: We have no negative information at hand.
Maximum credit: 79.000
EUR
Balance sheet year: 2009/2010
REAL ESTATE
Type of ownership: Tenant
Address Gewerbering-Nord 1
D 97359 Schwarzach
Land register documents were not available.
BANKERS
Principal bank
SPARKASSE MAINFRANKEN WÜRZBURG, KITZINGEN
Sort. code: 79050000, Account no.: 19 16 6,
BIC: BYLADEM1SWU
Further bank
VR BANK KITZINGEN, KITZINGEN
Sort. code: 79190000, Account no.: 100208035,
BIC: GENODEF1KT1
FINANCIAL FIGURES
Gross profit or loss:2008/2009 EUR 3.945.656,00
Profit:
2008/2009 EUR 114.383,00
Equipment: EUR 450.000,00
Employees:
31
The aforementioned business figures may partly
be estimated information based on average values in the line of business.
BALANCE SHEETS
Balance sheet ratios 2009/2010
Equity ratio [%]: 19,89
Liquidity ratio: 1,36
Return on total capital [%]: 5,18
Balance sheet ratios 2008/2009
Equity ratio [%]: 13,41
Liquidity ratio: 1,11
Return on total capital [%]: 2,64
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:
01.07.2009 - 30.06.2010
ASSETS EUR 4.018.864,85
Fixed
assets EUR 234.447,00
Intangible
assets EUR 21.707,00
Tangible
assets EUR 209.140,00
Financial
assets EUR 3.600,00
Current
assets EUR 3.784.417,85
Stocks EUR 1.054.142,63
Accounts
receivable EUR 2.723.319,79
thereof
total due from shareholders EUR 0,00
Other
debtors and assets EUR 2.723.319,79
Liquid
means EUR 6.955,43
LIABILITIES EUR 4.018.864,85
Shareholders'
equity EUR 808.009,44
Capital EUR 1.280.000,00
Subscribed
capital (share capital) EUR 1.280.000,00
Balance
sheet profit/loss (+/-) EUR -471.990,56
Profit /
loss brought forward EUR -679.439,97
Annual
surplus / annual deficit EUR 207.449,41
Items between
shareholders' equity and
debt
capital
EUR 720.000,00
Mezzanine
financing EUR 720.000,00
Contributions of silent partners
EUR 720.000,00
Provisions EUR 480.740,61
Liabilities EUR 2.010.114,80
Other
liabilities EUR 0,00
Unspecified
other liabilities EUR 0,00
thereof
liabilities from tax /
financial
authorities EUR 20.533,21
thereof
liabilities from social
security EUR 868,21
Guarantees
and other commitments EUR 1.157.536,00
Guarantees /
warranties EUR 1.157.536,00
Type of balance
sheet:
Company balance sheet
Financial year:
01.07.2008 - 30.06.2009
ASSETS EUR 4.352.626,38
Fixed
assets EUR 331.326,00
Intangible
assets EUR 39.393,00
Concessions,
licences, rights EUR 39.393,00
Tangible
assets EUR 288.333,00
Land /
similar rights EUR 42.990,00
Plant /
machinery EUR 52.827,00
Other
tangible assets / fixtures and
fittings
EUR 192.516,00
Financial
assets EUR 3.600,00
Shares in
participations /
subsidiaries and the like
EUR 3.600,00
Current
assets EUR 4.021.300,38
Stocks EUR 1.205.367,35
Accounts
receivable EUR 2.810.674,95
Other
debtors and assets EUR 2.810.674,95
Liquid
means EUR 5.258,08
Remaining
other assets EUR 0,00
Accruals
(assets) EUR 0,00
LIABILITIES EUR 4.352.626,38
Shareholders'
equity EUR 600.560,03
Capital EUR 1.280.000,00
Subscribed
capital (share capital) EUR 1.280.000,00
Balance
sheet profit/loss (+/-) EUR -679.439,97
Profit /
loss brought forward EUR -684.989,41
Annual
surplus / annual deficit EUR 5.549,44
Items between
shareholders' equity and
debt
capital
EUR 720.000,00
Mezzanine
financing EUR 720.000,00
Contributions of silent partners
EUR 720.000,00
Provisions EUR 504.489,93
Liabilities EUR 2.527.576,42
Profit and loss account (cost-summary method)
according to Comm.
Code (HGB)
Gross result
(+/-) EUR 3.945.656,38
Staff
expenses EUR 1.521.792,08
Wages and
salaries EUR 1.300.701,92
Social
security contributions and
expenses for
pension plans and
benefits
EUR 221.090,16
Total
depreciation EUR 182.245,93
Depreciation
on tangible / intangible
asssets
(incl. start-up and exp. of
bus. EUR 182.245,93
Other
operating expenses EUR 1.992.653,32
Operating
result from continuing
operations EUR 248.965,05
Interest
result (+/-) EUR -131.380,45
Interest and
similar income EUR 8.653,63
Interest and
similar expenses EUR 140.034,08
Financial
result (+/-) EUR -131.380,45
Result from
ordinary operations (+/-) EUR 117.584,60
Expenses for
transfer of profits to a
parent
company EUR 108.834,16
Income tax /
refund of income tax (+/-)EUR
297,00
Other taxes /
refund of taxes EUR -3.498,00
Tax
(+/-)
EUR -3.201,00
Annual
surplus / annual deficit EUR 5.549,44
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.44.91 |
|
UK Pound |
1 |
Rs.73.06 |
|
Euro |
1 |
Rs.64.03 |
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 |
|
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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.