MIRA INFORM REPORT
|
Report Date : |
03.11.2011 |
IDENTIFICATION DETAILS
|
Name : |
ATLAS MATERIAL TESTING TECHNOLOGY GMBH |
|
|
|
|
Registered Office : |
Vogelsbergstr. 22, D 63589 Linsengericht |
|
|
|
|
Country : |
Germany |
|
|
|
|
Financials (as on) : |
31.12.2008 |
|
|
|
|
Date of Incorporation : |
31.03.2008 |
|
|
|
|
Com. Reg. No.: |
HRB 92424 |
|
|
|
|
Legal Form : |
Private Limited Company |
|
|
|
|
Line of Business : |
Management of holding companies |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively below
average. |
Small |
|
Maximum Credit Limit : |
25,000 EUR |
|
Status : |
Moderate |
|
Payment
Behaviour : |
No Complaints |
|
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 – September 30th, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
|
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
ATLAS Material Testing Technology GmbH
Main
address:
Vogelsbergstr. 22
D 63589 Linsengericht
Telephone: 06051/707140
Telefax: 06051/707149
Homepage: www.atlas-mts.de
E-mail: atlas.info@ametek.de
VAT no.
DE259325108
Tax ID number
035 228 56823
CONCLUSION
Business relations are permissible.
Synthesis
LEGAL FORM Private limited company
Date of foundation: 01.10.2007
Shareholders'
agreement: 01.10.2007
Registered on: 31.03.2008
Commercial Register: Local
court 63450 Hanau
under: HRB 92424
Share capital:
EUR 25,000.00
Shareholder
Atlas Netherlands Aquisition Co Coöperatief
U.A.
Slachthuisweg 30
NL - Amsterdam
Legal form: Other legal form
Share: EUR 25,000.00
Manager
Dr. Peter Erich March
D 60311 Frankfurt
having sole power of representation
born: 25.04.1955
Marital status: unknown
Manager:
Martin H. Welling
Wiesenstr. 18
D 63533 Mainhausen
having sole power of representation
born: 21.04.1966
Manager:
Allan Imrie
GB - Littlehampton, West Sussex
having sole power of representation
born: 09.01.1945
Nationality: British
Proxy
Karl-Heinz Reiner Weis
Schafgrabengasse 33b
D 64372 Ober-Ramstadt
having sole power of representation
born: 25.04.1961
Proxy:
Klaus Peter Becker
D 61169 Friedberg
having sole power of representation
born: 02.10.1952
Marital status: unknown
Further functions/participations of
Martin H. Welling (Manager)
Shareholder:
VWA
Seligenstadt GmbH
Liebigstr. 16
D
63500 Seligenstadt
Legal
form: Private limited company
Share
capital: EUR 42,000.00
Share: EUR 4,100.00
Registered
on: 03.08.1978
Reg.
data: 63065 Offenbach, HRB 20892
Manager:
Mikron
Europe GmbH
Krifteler Str. 32
D
60326 Frankfurt
Legal
form: Private limited company
dissolved
Share
capital: EUR 25,000.00
Registered
on: 21.11.2003
Reg.
data: 60313 Frankfurt, HRB 57880
Further functions/participations of
Allan Imrie (Manager)
Manager:
AMETEK GmbH
Rudolf-Diesel-Str. 16
D 40670 Meerbusch
Legal form: Private limited company
Share capital: EUR 242,500.00
Registered
on: 23.06.1976
Reg. data: 41460 Neuss, HRB
1911
Manager:
MTL Light Solutions GmbH
Widenmayerstr. 6 c/o
Boetticher Hasse Lohmann
D 80538 München
Legal form: Private limited company
Share capital: EUR 25,000.00
Registered
on: 01.10.2010
Reg. data: 80797 München,
HRB 188067
Manager:
CAMECA GmbH
Edisonstr. 3
D 85716 Unterschleißheim
Legal form: Private limited company
Share capital: EUR 25,000.00
Registered
on: 11.11.2004
Reg. data: 80797 München,
HRB 158821
COMPANY HISTORY
09.10.2007 - 15.11.2007
Mainsee 526. V V GmbH
Mainzer Landstr. 47
D
60329 Frankfurt
Private limited company
16.11.2007 - 27.02.2008
Atlas German AcquisitionCo GmbH
An
der Welle 5
D 60322 Frankfurt
Private limited company
28.02.2008 - 30.03.2008
ATLAS Material Testing Technology GmbH
An
der Welle 5
D
60322 Frankfurt
Private limited company
31.03.2008 - 03.11.2011
ATLAS Material Testing Technology GmbH
Vogelsbergstr. 22
D
63589 Linsengericht
Private limited company
RESIGNED ACTING PERSONS AND
SHAREHOLDERS
09.08.2010 -
22.08.2011 Manager
Andreas Kühlen
D
41379 Brüggen
21.08.2008 -
18.07.2011 Manager
Emil Richard Weiler
USA Boxford/Mass
21.08.2008 -
28.07.2010 Manager
Burkhard Severon
D
64546 Mörfelden-Walldorf
BUSINESS ACTIVITIES
Main industrial
sector
70101 Management of holding companies
Secondary
industrial sector
96090 Other service activities n. e. c.
BRANCHES AND FACTORIES
Branch:
ATLAS
Material Testing Technology GmbH
Gerauer Str. 56a
D
64546 Mörfelden-Walldorf
PARTICIPATIONS
Shareholder:
MTL Light Solutions GmbH
Widenmayerstr. 6 c/o
Boetticher Hasse Lohmann
D
80538 München
Legal
form: Private limited company
Company Status: active
Share
capital: EUR 25,000.00
Share: EUR 25,000.00
Reg.
data: 01.10.2010
Local court 80797 München
HRB 188067
FINANCIAL INFORMATION
Payment experience: within periods customary in this trade
Negative information: We have no negative information at hand.
Maximum credit: 25,000
EUR
Balance sheet year: 2008
REAL ESTATE
Type of ownership: Tenant
Address Vogelsbergstr. 22
D 63589 Linsengericht
Land register documents were not available.
BANKERS
UNICREDIT BANK - HYPOVEREINSBANK, ASCHAFFENBURG
Sort. code: 79520070, BIC: HYVEDEMM407
FINANCIAL FIGURES
Turnover: 2009 EUR 25,000,000.00
Equipment: EUR 173,072.00
Ac/ts receivable: EUR 11,621,789.00
Liabillities: EUR 13,615,211.00
Employees:
106
BALANCE SHEETS
Balance sheet ratios 01.07.2008 - 31.12.2008
Equity ratio [%]: -30.50
Liquidity
ratio: 0.66
Return on total capital [%]: 4.04
Balance sheet ratios 21.10.2007 - 30.06.2008
Equity ratio [%]: -35.19
Liquidity ratio: 0.50
Return on total capital [%]: 0.30
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.
Balance sheet grade
The balance sheet grade is based on the following
ratios: equity ratio, liquidity ratio and return on total capital from the balance sheets published in the Federal
Gazette.
Type
of balance
sheet: Company balance sheet
Financial year: 01.07.2008 - 31.12.2008
ASSETS
EUR 24,441,554.12
Fixed assets
EUR 11,454,991.95
Intangible assets
EUR 10,974,942.78
Goodwill
EUR 10,806,765.65
Other / unspecified intangible assetsEUR 168,177.13
Tangible assets
EUR 420,238.67
Plant / machinery
EUR 247,166.25
Other tangible assets / fixtures and
fittings
EUR 173,072.42
Financial assets
EUR 59,810.50
Other / unspecified financial assets EUR 59,810.50
Current assets
EUR 12,840,286.93
Stocks
EUR 3,103,905.42
Other / unspecified stocks
EUR 3,103,905.42
Received advance payments for orders
(depreciated on the assets side)
EUR -2,669,533.44
Accounts receivable
EUR 7,503,852.14
Amounts due from related companies
EUR 4,117,937.03
Other debtors and assets
EUR 3,385,915.11
Liquid means
EUR 2,232,529.37
Remaining
other assets EUR 146,275.24
Accruals (assets)
EUR 146,275.24
LIABILITIES EUR 24,441,554.12
Shareholders' equity
EUR 5,025,275.34
Capital
EUR 25,000.00
Subscribed capital (share capital)
EUR 25,000.00
Reserves
EUR 4,174,408.45
Capital reserves
EUR 4,174,408.45
Balance sheet profit/loss (+/-)
EUR 825,866.89
Balance sheet profit / loss
EUR 825,866.89
Provisions
EUR 5,801,067.79
Liabilities EUR 13,615,210.99
Financial debts
EUR 10,011,499.08
Liabilities due to banks
EUR 10,011,499.08
Other liabilities
EUR 3,603,711.91
Liabililties due to related companiesEUR 2,920,267.27
Unspecified other liabilities
EUR 683,444.64
Profit and loss account (cost-summary method)
according to Comm.
Code
(HGB)
Gross result (+/-)
EUR 8,886,903.93
Staff expenses
EUR 3,653,719.41
Wages and salaries
EUR 3,050,719.15
Social security contributions and
expenses for pension plans and
benefits
EUR 603,000.26
Total depreciation
EUR 719,773.54
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus.
EUR 719,773.54
Other
operating expenses EUR 2,591,785.95
Operating result from continuing
operations
EUR 1,921,625.03
Interest result (+/-)
EUR -450,168.78
Interest and similar income
EUR 122,043.86
thereof from related companies
EUR 66,324.00
Interest and similar expenses
EUR 572,212.64
thereof paid to related companies
EUR 69,738.00
Financial result (+/-)
EUR -450,168.78
Result from ordinary operations (+/-)
EUR 1,471,456.25
Income tax / refund of income tax (+/-)EUR -703,537.40
Other taxes / refund of taxes
EUR -2,792.00
Tax
(+/-)
EUR -706,329.40
Annual surplus / annual deficit
EUR 765,126.85
Type
of balance
sheet: Company balance sheet
Financial year: 21.10.2007 - 30.06.2008
ASSETS
EUR 26,128,875.70
Fixed assets
EUR 12,098,365.72
Intangible assets
EUR 11,566,373.61
Goodwill
EUR 11,419,786.65
Other / unspecified intangible assetsEUR 146,586.96
Tangible assets
EUR 472,181.61
Plant / machinery
EUR 278,608.49
Other tangible assets / fixtures and
fittings
EUR 193,573.12
Financial assets
EUR 59,810.50
Other / unspecified financial assets EUR 59,810.50
Current assets
EUR 13,888,693.47
Stocks
EUR 3,679,590.07
Other / unspecified stocks
EUR 3,679,590.07
Received advance payments for orders
(depreciated on the assets side)
EUR -2,826,599.38
Accounts receivable
EUR 6,662,141.09
Amounts due from related companies
EUR 3,487,802.82
Other debtors and assets
EUR 3,174,338.27
Liquid means
EUR 3,546,962.31
Remaining
other assets EUR 141,816.51
Accruals (assets)
EUR 141,816.51
LIABILITIES EUR 26,128,875.70
Shareholders' equity
EUR 4,260,148.49
Capital
EUR 25,000.00
Subscribed capital (share capital)
EUR 25,000.00
Reserves
EUR 4,174,408.45
Capital reserves
EUR 4,174,408.45
Balance sheet profit/loss (+/-)
EUR 60,740.04
Balance sheet profit / loss
EUR 60,740.04
Provisions
EUR 5,089,918.62
Liabilities EUR 16,778,808.59
Financial debts
EUR 12,123,862.00
Liabilities due to banks
EUR 12,123,862.00
Other liabilities
EUR 4,654,946.59
Liabililties
due to related companiesEUR
3,095,625.59
Unspecified other liabilities
EUR 1,559,321.00
Profit and loss account (cost-summary method)
according to Comm.
Code
(HGB)
Gross result (+/-)
EUR 11,354,869.83
Staff expenses
EUR 5,004,786.79
Wages and salaries
EUR 4,112,412.05
Social security contributions and
expenses for pension plans and
benefits EUR 892,374.74
Total depreciation
EUR 1,072,831.27
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus.
EUR 1,072,831.27
Other operating expenses
EUR 3,710,688.07
Operating result from continuing
operations
EUR 1,566,563.70
Interest result (+/-)
EUR -1,133,603.30
Interest and similar income
EUR 123,843.98
Interest and similar expenses
EUR 1,257,447.28
thereof paid to related companies
EUR 6,354.00
Financial result (+/-)
EUR -1,133,603.30
Result from ordinary operations (+/-)
EUR 432,960.40
Income tax / refund of income tax (+/-)EUR -365,950.66
Other taxes / refund of taxes
EUR -6,269.70
Tax
(+/-)
EUR -372,220.36
Annual surplus / annual deficit EUR 60,740.04
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.49.25 |
|
UK Pound |
1 |
Rs.78.73 |
|
Euro |
1 |
Rs.67.64 |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.