MIRA INFORM
REPORT
|
Report Date : |
14.05.2011 |
IDENTIFICATION DETAILS
|
Name : |
TIRA GMBH |
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|
|
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Registered Office : |
Eisfelder Str.
23-25, D 96528 Schalkau |
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|
Country : |
Germany |
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Financials (as on) : |
31.12.2009 |
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Date of Incorporation : |
23.06.1993 |
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Com. Reg. No.: |
HRB 302424 |
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Legal Form : |
Private Limited Company |
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|
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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 : |
226.500 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 & address
TIRA GmbH
Main address:
Eisfelder Str.
23-25
D 96528 Schalkau
Telephone: 036766/280-0
Telefax: 036766/280-99
Homepage: www.tira-gmbh.de
E-mail: info@tira-gmbh.de
Tax ID number
171/125/01002
Synthesis
LEGAL FORM Private
limited company
Date of foundation: 18.12.1992
Shareholders'
agreement: 18.12.1992
Registered on: 23.06.1993
Commercial Register: Local court 07745 Jena
under: HRB
302424
Share capital: EUR 1.000.000,00
Shareholder
Angelantoni
Industrie S.P.A.
I - Massmartana
Legal form: Other
legal form
Share: EUR 963.700,00
Shareholder:
Norbert Buff
Obere Binge 1
D 96528
Effelder-Rauenstein
born: 02.01.1952
Share: EUR 36.300,00
Manager
Josef Hermann
Weber
D 95111 Rehau
having sole power
of representation
born: 23.06.1956
Proxy
Norbert Buff
Obere Binge 1
D 96528
Effelder-Rauenstein
authorized to
jointly represent the company
born: 02.01.1952
Profession: graduate
engineer
COMPANY HISTORY
23.06.1993 - 02.12.1998 TIRA Maschinenbau GmbH
Poststr. 1-3
D 96528 Rauenstein
Private limited
company
03.12.1998 - 16.10.2000 TIRA Maschinenbau GmbH
Eisfelder Str. 23-25
D 96528 Schalkau
Private limited
company
16.10.2000 - 25.10.2000 TIRA GmbH
Eisfelder Str. 23-25
D 96528 Schalkau
Private limited
company
BUSINESS ACTIVITIES
Sectors
28290
Manufacture of other general-purpose machinery
46620
Wholesale of machine tools
BRANCHES AND FACTORIES
Works:
TIRA GmbH
-Niederlassung-
Gerberstr. 19
D 08233 Treuen
TEL.: 037468/68080
FAX.:
037468/680821
PARTICIPATIONS
Shareholder:
TIRA
Umweltsimulation GmbH
Eisfelder Str.
23/25
D 96528 Schalkau
Legal form:
Private limited company
Company Status:
active
Share
capital: EUR 1.252.400,00
Share: EUR 1.252.400,00
Reg. data: 11.08.2000
Local court 07745
Jena
HRB 305940
Shareholder:
TIRA Meß- und
Prüftechnik GmbH
Eisfelder Str.
23/25
D 96528 Schalkau
Legal form:
Private limited company
Company Status:
active
Share
capital: EUR 100.000,00
Share: EUR 100.000,00
Reg. data: 14.03.2000
Local court 07745
Jena
HRB 306446
FINANCIAL INFORMATION
Payment experience: Within
agreed terms
Negative information: We have no negative information at hand.
Maximum credit: 226.500
EUR
Balance sheet year: 2009
REAL ESTATE
Type of ownership: proprietor
Share: 100,00 %
Address Eisfelder Str. 23-25
D 96528 Schalkau
Land register documents were not available.
BANKERS
COMMERZBANK, COBURG
Sort. code: 78340091, Account no.: 8553893,
BIC: COBADEFF783
UNICREDIT BANK - HYPOVEREINSBANK, COBURG
Sort. code: 78320076, Account no.: 1405128,
BIC: HYVEDEMM480
FINANCIAL FIGURES
Turnover:
2009 EUR 11.333.000,00
Profit:
2009 EUR -33.128,00
Equipment: EUR 3.001.612,00
Ac/ts receivable: EUR 3.303.006,00
Liabillities:
EUR 3.893.357,00
Real estate of the firm: EUR 2.000.000,00
Total numbers of vehicles: 16
- Lorries:
1
Employees:
114
- thereof permanent staff: 104
- Trainees:
10
BALANCE SHEETS
Balance sheet ratios 2009
Equity ratio [%]: 48,58
Liquidity ratio: 0,95
Return on total capital [%]: -0,33
Balance sheet ratios 2008
Equity ratio [%]: 47,30
Liquidity ratio: 0,93
Return on total capital [%]: 6,80
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 10.392.831,64
Outstanding
capital EUR 345.000,00
Outstanding
contributions EUR 345.000,00
Fixed
assets EUR 3.652.965,92
Intangible
assets EUR 179.462,97
Other /
unspecified intangible assetsEUR
179.462,97
Tangible
assets EUR 3.001.611,95
Other /
unspecified tangible assets EUR 3.001.611,95
Financial
assets EUR 471.891,00
Other /
unspecified financial assets EUR
471.891,00
Current
assets EUR 6.299.321,69
Stocks EUR 2.551.980,62
Accounts
receivable EUR 3.303.005,62
thereof
total due from shareholders EUR 28.542,28
Other
debtors and assets EUR 3.303.005,62
Liquid
means EUR 444.335,45
Remaining
other assets EUR 95.544,03
Accruals
(assets) EUR 95.544,03
LIABILITIES EUR 10.392.831,64
Shareholders'
equity EUR 5.072.801,77
Capital EUR 1.000.000,00
Subscribed
capital (share capital) EUR 1.000.000,00
Reserves
EUR 968.584,00
Capital
reserves EUR 968.584,00
Balance
sheet profit/loss (+/-) EUR 3.104.217,77
Profit /
loss brought forward EUR 3.137.345,50
Annual
surplus / annual deficit EUR -33.127,73
Items between
shareholders' equity and
debt
capital
EUR 1.005.208,11
Special
items with reserve funds EUR 429.042,60
Allowances /
bonuses EUR 576.165,51
Provisions EUR 421.464,49
Liabilities EUR 3.893.357,27
Other
liabilities EUR 3.893.357,27
Unspecified
other liabilities EUR 3.893.357,27
thereof
liabilities from tax /
financial
authorities EUR 121.347,60
thereof
liabilities from social
security
EUR 3.750,00
Profit and loss account (cost-summary method)
according to Comm.
Code (HGB)
Gross result
(+/-) EUR 6.294.771,14
Staff
expenses EUR 3.651.117,98
Wages and
salaries EUR 3.019.282,05
Social
security contributions and
expenses for
pension plans and
benefits
EUR 631.835,93
Total
depreciation EUR 421.071,74
Depreciation
on tangible / intangible
asssets
(incl. start-up and exp. of
bus. EUR
421.071,74
Other
operating expenses EUR 1.913.964,84
Operating
result from continuing
operations EUR 308.616,58
Result from
participating interests
(+/-) EUR 81.293,10
Expenses /
income from participations EUR
81.293,10
Income from
transfer of profits EUR 81.293,10
Interest
result (+/-) EUR -131.163,91
Interest and
similar income EUR 3.175,08
thereof
from related companies EUR 0,00
Interest and
similar expenses EUR 134.338,99
thereof
paid to related companies EUR 23.078,23
Financial
result (+/-) EUR -49.870,81
Result from
ordinary operations (+/-) EUR 258.745,77
Income tax /
refund of income tax (+/-)EUR
-284.554,38
Other taxes /
refund of taxes EUR -7.319,12
Tax
(+/-)
EUR -291.873,50
Annual
surplus / annual deficit EUR -33.127,73
Type of balance
sheet:
Company balance sheet
Financial year:
01.01.2008 - 31.12.2008
ASSETS
EUR 10.616.185,75
Outstanding
capital EUR 345.000,00
Outstanding
contributions EUR 345.000,00
Fixed
assets EUR 3.757.603,95
Intangible
assets EUR 229.158,90
Other /
unspecified intangible assetsEUR
229.158,90
Tangible
assets EUR 3.056.554,05
Other /
unspecified tangible assets EUR 3.056.554,05
Financial
assets EUR 471.891,00
Other /
unspecified financial assets EUR
471.891,00
Current
assets EUR 6.427.868,18
Stocks EUR 2.552.099,53
Accounts
receivable EUR 3.674.171,71
thereof
total due from shareholders EUR 139.144,35
Other
debtors and assets EUR 3.674.171,71
Liquid
means EUR 201.596,94
Remaining
other assets EUR 85.713,62
Accruals
(assets) EUR 85.713,62
LIABILITIES EUR 10.616.185,75
Shareholders'
equity EUR 5.105.929,50
Capital EUR 1.000.000,00
Subscribed
capital (share capital) EUR 1.000.000,00
Reserves
EUR 968.584,00
Capital
reserves EUR 968.584,00
Balance
sheet profit/loss (+/-) EUR 3.137.345,50
Profit /
loss brought forward EUR 2.456.043,82
Annual
surplus / annual deficit EUR 681.301,68
Items between
shareholders' equity and
debt
capital
EUR 1.081.638,98
Special
items with reserve funds EUR 462.045,87
Allowances /
bonuses EUR 619.593,11
Provisions EUR 419.162,00
Liabilities EUR 4.009.455,27
thereof
total due to shareholders EUR 0,00
Other
liabilities EUR 4.009.455,27
Unspecified
other liabilities EUR
4.009.455,27
thereof
liabilities from tax /
financial
authorities EUR 58.439,97
thereof
liabilities from social
security
EUR 3.750,00
Profit and loss account (cost-summary method)
according to Comm.
Code (HGB)
Gross result
(+/-) EUR 8.612.798,51
Staff
expenses EUR 4.153.924,43
Wages and
salaries EUR 3.532.091,99
Social
security contributions and
expenses for
pension plans and
benefits
EUR 621.832,44
Total
depreciation EUR 383.247,43
Depreciation
on tangible / intangible
asssets
(incl. start-up and exp. of
bus. EUR 383.247,43
Other
operating expenses EUR 3.166.863,36
Operating
result from continuing
operations EUR 908.763,29
Result from
participating interests
(+/-) EUR 38.783,48
Expenses /
income from participations EUR
38.783,48
Income from
transfer of profits EUR 38.783,48
Interest
result (+/-) EUR 24.757,94
Interest and
similar income EUR 205.675,21
thereof
from related companies EUR 193.594,44
Interest and
similar expenses EUR 180.917,27
thereof
paid to related companies EUR 88.290,60
Financial
result (+/-) EUR 63.541,42
Result from
ordinary operations (+/-) EUR 972.304,71
Income tax /
refund of income tax (+/-)EUR
-274.833,03
Other taxes /
refund of taxes EUR -16.170,00
Tax
(+/-)
EUR -291.003,03
Annual
surplus / annual deficit EUR 681.301,68
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.