MIRA INFORM REPORT
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Report Date : |
31.05.2011 |
IDENTIFICATION DETAILS
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Name : |
BRAUN GMBH & CO. KG |
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Registered Office : |
Industriestr. 10, D 55606 Kirn, Post Box 61 |
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Country : |
Germany |
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Financials (as on) : |
31.12.2009 |
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Date of Incorporation : |
01.01.1959 |
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Com. Reg. No.: |
HRA 2192 |
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Legal Form : |
Ltd partnership with priv. ltd. company as general partner |
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Line of Business : |
Processing of leather |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Maximum Credit Limit : |
10.000 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 – March 31st, 2011
|
Country Name |
Previous Rating (31.12.2010) |
Current Rating (31.03.2011) |
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Germany |
a1 |
a1 |
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Risk Category |
ECGC
Classification |
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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
Braun GmbH & Co. KG
Main address:
Industriestr. 10
D 55606 Kirn
Post Box:
61
Telephone: 06752/9333-0
Telefax: 06752/933333
Homepage: www.braun-bueffel.com
E-mail: info@braun-bueffel.com
VAT no.
DE175275555
CONCLUSION
Business relations are permissible.
Synthesis
LEGAL FORM Ltd partnership with priv. ltd. company as
general partner
Date of foundation: 27.07.1887
Registered on: 01.01.1959
Register of
companies: Local court 55543 Bad Kreuznach
under: HRA 2192
Total cap. contribution:
EUR 100.000,00
Limited partner
Karl-Heinrich Braun
Josef-Görres-Str. 64
D 55606 Kirn
born: 10.01.1939
Share: EUR 51.000,00
Limited partner:
Liesel Braun
Josef-Görres-Str. 64
D 55606 Kirn
born: 15.12.1945
née: Scheppler
Share: EUR 25.000,00
Limited partner:
Christiane Brunk
Mittelbollenbacher Str. 25
D 55743 Idar-Oberstein
born: 24.01.1964
née: Braun
Share: EUR 24.000,00
General partner
Braun Verwaltungs-GmbH
Industriestr. 10
D 55606 Kirn
Legal form: Private limited company
Share capital: EUR 25.000,00
Registered on: 20.02.2001
Reg. data: 55543 Bad Kreuznach, HRB 4226
Shareholder
Christiane Brunk
Mittelbollenbacher Str. 25
D 55743 Idar-Oberstein
born: 24.01.1964
née: Braun
Share: EUR 24.500,00
Shareholder:
Karl-Heinrich Braun
Josef-Görres-Str. 64
D 55606 Kirn
born: 10.01.1939
Share: EUR 500,00
Manager
Christiane Brunk
Mittelbollenbacher Str. 25
D 55743 Idar-Oberstein
having sole power of representation
born: 24.01.1964
née: Braun
Marital status: married
Proxy
Wolfgang Menten
D 56859 Alf
authorized to jointly represent the company
born: 12.01.1951
COMPANY HISTORY
01.01.1959 -
30.06.1983 Johann Braun KG Fabrik feiner
Kleinlederwaren
Halmerweg 13
D
55606 Kirn
Limited partnership
30.06.1983 -
21.03.2001 Johann Braun
Industriestr. 10
D
55606 Kirn
Sole proprietorship
22.03.2001 -
07.05.2001 Braun GmbH & Co. KG
Industriestr. 10
D
55606 Kirn
Ltd partnership with priv. ltd. company
as
general partner
BUSINESS ACTIVITIES
Sectors
15120 Processing of leather (except manufacture of
leather apparel)
PARTICIPATIONS
Shareholder:
b2K accesoires GmbH
Industriestr. 10
D 55606 Kirn
Legal form: Private limited company
Company Status: dissolved
since: 20.11.2009
by official decree
Share capital: EUR 202.000,00
Share: EUR 40.400,00
Reg. data: 30.05.1996
Local court 55543 Bad Kreuznach
HRB 3484
FINANCIAL INFORMATION
Payment experience: within periods customary in this trade
Negative information: We have no negative information at hand.
Maximum credit: 10.000
EUR
Balance sheet year: 2009
REAL ESTATE
Type of ownership: Tenant
Address Industriestr.10
D 55606 Kirn
Real Estate of:: Braun
Verwaltungs-GmbH
Type of ownership: Tenant
Address Industriestr.10
D 55606 Kirn
Land register documents were not available.
BANKERS
SPARKASSE RHEIN-NAHE, KIRN, NAHE
Sort. code: 56050180, BIC: MALADE51KRE
FINANCIAL FIGURES
Turnover: 2009 EUR 6.400.000,00
2010 EUR 6.500.000,00
further business figures:
Employees:
34
The aforementioned business figures may partly be estimated information based on average values in the
line of business.
BALANCE SHEETS
Balance sheet ratios 2009
Equity ratio [%]: -3,92
Liquidity ratio: 0,62
Balance sheet ratios 2008
Equity ratio [%]: -8,57
Liquidity ratio: 0,34
Balance sheet ratios 2007
Equity ratio [%]: -11,78
Liquidity ratio: 0,36
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.
Type of balance
sheet: Company balance sheet
Financial year: 01.01.2009 - 31.12.2009
ASSETS EUR 5.974.313,89
Outstanding
capital EUR 176.000,00
Outstanding contributions
EUR 176.000,00
Fixed assets
EUR 1.371.555,56
Intangible assets
EUR 483.674,78
Other / unspecified intangible assetsEUR 483.674,78
Tangible assets
EUR 847.349,00
Other / unspecified tangible assets
EUR 847.349,00
Financial assets
EUR 40.531,78
Other / unspecified financial assets EUR 40.531,78
Current assets
EUR 4.401.766,73
Stocks
EUR 1.970.091,24
Accounts receivable EUR 2.209.809,65
Other debtors and assets
EUR 2.209.809,65
Liquid means
EUR 221.865,84
Remaining other assets
EUR 24.991,60
Accruals (assets) EUR 24.991,60
LIABILITIES EUR 5.974.313,89
Shareholders' equity
EUR 200.000,00
Capital
EUR 200.000,00
Limited partner's capital / capital
of partially liable partner (LP)
EUR 200.000,00
Provisions
EUR 300.769,73
Liabilities
EUR 3.810.362,72
Other liabilities EUR 3.810.362,72
Unspecified other liabilities
EUR 3.810.362,72
Other liabilities
EUR 1.663.181,44
Deferrals (liabilities)
EUR 1.663.181,44
Type
of balance
sheet: Company balance sheet
Financial year: 01.01.2008 - 31.12.2008
ASSETS EUR 6.097.953,45
Fixed assets
EUR 1.279.046,73
Intangible assets EUR 409.118,18
Tangible assets
EUR 868.087,90
Financial assets
EUR 1.840,65
Current assets
EUR 4.415.520,63
Stocks EUR 2.839.768,25
Accounts receivable
EUR 1.494.836,38
Liquid means
EUR 80.916,00
Remaining other assets
EUR 403.386,09
Accruals (assets) EUR 34.616,44
Deficit not covered by shareholders'
equity
EUR 368.769,65
LIABILITIES EUR 6.097.953,45
Shareholders' equity
EUR 100.000,00
Capital
EUR 100.000,00
Limited partner's capital / capital
of partially liable partner (LP)
EUR 100.000,00
Provisions EUR 317.933,14
Liabilities
EUR 4.443.040,31
Other liabilities
EUR 1.236.980,00
Deferrals (liabilities)
EUR 1.236.980,00
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.45.10 |
|
UK Pound |
1 |
Rs.74.27 |
|
Euro |
1 |
Rs.64.35 |
RATING EXPLANATIONS
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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 |
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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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal commitments. |
Satisfactory |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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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 |
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<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.