MIRA INFORM REPORT

 

 

Report Date :

17.05.2011

 

IDENTIFICATION DETAILS

 

Name :

GEORG JOSEF FRIEDRICHS

 

 

Registered Office :

Drüller Weg 7 D 47559 Kranenburg

 

 

Country :

Germany

 

 

Date of Incorporation :

---

 

 

Legal Form :

Independent profession

 

 

Line of Business :

Retail sale of objects of art, handcrafts, stamps, coins and gift articles

 

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 :

7.500 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

 

Name and address

 

Georg Josef Friedrichs

 

 Main address:      

 

Drüller Weg 7

D 47559 Kranenburg

Telephone:02826/304

Telefax:  02826/305

Homepage: www.galerie-f.de

E-mail:   info@galerie-f.de

 

 Trade name:          Galerie-F

 

 

VAT no.         

 

DE126131813

 

 

CONCLUSION

 

 Business relations are permissible.

 

 

Registration data

 

 LEGAL FORM           Independent profession

 

 Practising person:      

Georg Josef Friedrichs

Bahnhofstr. 4

D 47559 Kranenburg

born: 05.12.1965

Profession: art dealer

Marital status: married

 

 

Further functions/participations of Georg Josef Friedrichs

(Practising person)

 

General partner:

Martin Kepser und Georg Friedrichs

Bahnhofstr. 4

D 47559 Kranenburg

Legal form: Partnership under the Civil Code

dormant

 

Shareholder:

Galerie-F GmbH

Drüller Weg 7

D 47559 Kranenburg

Legal form: Private limited company

Share capital:     EUR             25.000,00

Share:             EUR             18.800,00

Registered

on:         11.03.2003

Reg. data:  47533 Kleve, HRB 2649

 

Manager:

Galerie-F GmbH

Drüller Weg 7

D 47559 Kranenburg

Legal form: Private limited company

Share capital:     EUR             25.000,00

Registered

on:         11.03.2003

Reg. data:  47533 Kleve, HRB 2649

 

Member of the Supervisory Board:

extralot.com AG

Klever Str. 36

D 47559 Kranenburg

Legal form: Public limited company in

liquidation

Share capital:     EUR             90.000,00

Registered

on:         10.12.1999

Reg. data:  47533 Kleve, HRB 2151

 

 

COMPANY HISTORY

 

 09.03.2005 - 15.08.2005  Georg Josef Friedrichs

                          Klever Str. 36

                          D 47559 Kranenburg

                          Independent profession

 15.08.2005 - 15.08.2005  Georg Josef Friedrichs

                          Drüller Weg 7

                          D 47559 Kranenburg

                          Independent profession

 

 

BUSINESS ACTIVITIES

 

 Sectors

 47783   Retail sale of objects of art, handcrafts, stamps, coins

 and gift articles

 

FINANCIAL INFORMATION

 

 Payment experience:  within agreed terms

 

 Negative information:We have no negative information at hand.

 

 Maximum credit:      7.500 EUR

 

 

REAL ESTATE

 

 Type of ownership:   Tenant

 Address              Drüller Weg 7

                      D 47559 Kranenburg

 

 Real Estate of::     Georg Josef Friedrichs

 Type of ownership:   unknown

 Address              Bahnhofstr. 4

                      D 47559 Kranenburg

 

 Land register documents were not available.

 

 

BANKERS

 

 SPARKASSE KLEVE, KLEVE, NIEDERRHEIN

 Sort. code: 32450000, BIC: WELADED1KLE

 

 

FINANCIAL FIGURES

 

Financial year:      01.01. - 31.12.

 Total numbers of vehicles:                                      1

 Employees:                                                      8

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.45.07

UK Pound

1

Rs.72.97

Euro

1

Rs.63.57

 

 

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.