MIRA INFORM REPORT

 

 

Report Date :           

26.05.2011

 

IDENTIFICATION DETAILS

 

Name :

ESQUIRE-LEDERWAREN RUPP & RICKER GMBH

 

 

Registered Office :

Gutenbergstr. 4, D 63110 Rodgau

 

 

Country :

Germany

 

 

Financials (as on) :

31.12.2009

 

 

Date of Incorporation :

12.05.1986

 

 

Com. Reg. No.:

HRB 21581

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Processing of leather

 

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 :

150.000 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 – March 31st, 2011

 

Country Name

Previous Rating

                   (31.12.2010)                  

Current Rating

(31.03.2011)

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 

 

 Bottom of Form

ESQUIRE-Lederwaren Rupp & Ricker GmbH

 

Main address:

Gutenbergstr. 4

D 63110 Rodgau

Telephone:        06106/6945-0

Telefax:             06106/18869

Homepage:        www.esquire-lederwaren.de

E-mail:              info@esquire-lederwaren.de

 

 

Synthesis

 

LEGAL FORM               Private limited company

Date of foundation:         1951

Shareholders'

agreement:                    13.12.1985

Registered on:               12.05.1986

Commercial Register:     Local court 63065 Offenbach

under:                                       HRB 21581

Share capital:                 EUR            511.291,88

 

 

Shareholder

 

Wolfgang Rupp

Mühlstr. 41

D 63110 Rodgau

born: 29.09.1948

Share:             EUR            511.291,88

 

 

Manager

 

Wolfgang Rupp

Mühlstr. 41

D 63110 Rodgau

having sole power of representation

born: 29.09.1948

Profession: Businessman

Marital status: married

 

 

BUSINESS ACTIVITIES

 

Sectors

15120   Processing of leather (except manufacture of leather apparel)

46493   Wholesale of leather goods, luggage, giftware and advertising articles

96090   Other service activities n. e. c.

 

 

BRANCHES AND FACTORIES

 

Branch:

                     ESQUIRE-Lederwaren Rupp & Ricker GmbH

                     -Niederlassung-

                     Isenburg-Zentrum

                     D 63263 Neu-Isenburg

                     TEL.: 06102-37544

 

 

FINANCIAL INFORMATION

 

Payment experience:     within agreed terms

 

Negative information:      We have no negative information at hand.

 

Maximum credit:            150.000 EUR

 

Balance sheet year:       2009

 

 

REAL ESTATE

 

Type of ownership:         proprietor

Share:                           100,00 %

Address                        Gutenbergstr. 4

                                    D 63110 Rodgau

Type of real estate: factory building

 

Land register documents were not available.

 

 

BANKERS

 

Principal bank

UNICREDIT BANK - HYPOVEREINSBANK, RODGAU

Sort. code: 50520190, BIC: HYVEDEMM467

 

Further bank

UNICREDIT BANK - HYPOVEREINSBANK, OFFENBACH AM MAIN

Sort. code: 50520190, BIC: HYVEDEMM467

 

 

FINANCIAL FIGURES

 

Employees:                                                     20

 

 

BALANCE SHEETS

 

Balance sheet ratios 2009

Equity ratio [%]:                 44,42

Liquidity ratio:                   0,48

Return on total capital [%]:       2,27

 

Balance sheet ratios 2008

Equity ratio [%]:                 39,72

Liquidity ratio:                   0,53

Return on total capital [%]:       1,88

 

Balance sheet ratios 2007

Equity ratio [%]:                 37,85

Liquidity ratio:                   0,53

Return on total capital [%]:       4,69

 

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          2.117.729,31

 Outstanding capital                    EUR            255.645,94

  Outstanding contributions             EUR            255.645,94

 Fixed assets                           EUR             26.855,00

  Intangible assets                     EUR                174,00

   Other / unspecified intangible assetsEUR                174,00

  Tangible assets                       EUR             26.681,00

   Other / unspecified tangible assets  EUR             26.681,00

 Current assets                         EUR          1.831.974,87

  Stocks                                EUR          1.343.968,18

  Accounts receivable                   EUR            474.626,52

   Other debtors and assets             EUR            474.626,52

  Liquid means                          EUR             13.380,17

 Remaining other assets                 EUR              3.253,50

  Accruals (assets)                     EUR              3.253,50

 

LIABILITIES                             EUR          2.117.729,31

 Shareholders' equity                   EUR            647.766,06

  Capital                               EUR            511.291,88

   Subscribed capital (share capital)   EUR            511.291,88

  Balance sheet profit/loss (+/-)       EUR            136.474,18

   Profit / loss brought forward        EUR             94.119,01

   Annual surplus / annual deficit      EUR             42.355,17

 Provisions                             EUR             29.298,23

 Liabilities                            EUR          1.440.665,02

  Other liabilities                     EUR          1.440.665,02

   Unspecified other liabilities        EUR          1.440.665,02

 

Type of balance

sheet:               Company balance sheet

 

Financial year:      01.01.2008 - 31.12.2008

 

ASSETS                                  EUR          2.231.519,53

 Outstanding capital                    EUR            255.645,94

  Outstanding contributions             EUR            255.645,94

 Fixed assets                           EUR             25.783,00

  Intangible assets                     EUR                  1,00

  Tangible assets                       EUR             25.782,00

 Current assets                         EUR          1.947.729,59

  Stocks                                EUR          1.358.631,94

  Accounts receivable                   EUR            586.491,76

  Liquid means                          EUR              2.605,89

 Remaining other assets                 EUR              2.361,00

  Accruals (assets)                     EUR              2.361,00

 

LIABILITIES                             EUR          2.231.519,53

 Shareholders' equity                   EUR            605.410,89

  Capital                               EUR            511.291,88

   Subscribed capital (share capital)   EUR            511.291,88

  Balance sheet profit/loss (+/-)       EUR             94.119,01

   Profit / loss brought forward        EUR             56.890,01

   Annual surplus / annual deficit      EUR             37.229,00

 Provisions                             EUR             74.935,21

 Liabilities                            EUR          1.551.173,43

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.45.38

UK Pound

1

Rs.73.31

Euro

1

Rs.63.70

 

 

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.