MIRA INFORM REPORT

 

 

Report Date :

18.11.2011

 

IDENTIFICATION DETAILS

 

Name :

WENZEL PRÄZISION GMBH

 

 

Registered Office :

Werner-Wenzel-Str. D 97859 Wiesthal

 

 

Country :

Germany

 

 

Date of Incorporation :

01.10.1968

 

 

Com. Reg. No.:

HRB 1490

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Manufacture of instruments and appliances for measuring, testing and navigation

 

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 :

200,000 EUR

Status :

Satisfactory

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 30, 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 adna ddress

 

WENZEL Präzision GmbH

 

 Company Status:      active

 

Main address:

Werner-Wenzel-Str.

D 97859 Wiesthal

Telephone:06020/201-0

Telefax:  06020/201-290

Homepage: www.wenzel-cmm.com

E-mail:   info@wenzel-cmm.com

 

 

VAT no.         

 

DE811545544

 

 

CONCLUSION

 

 Business relations are permissible.

 

 

Registration data

 

 LEGAL FORM              Private limited company

 Date of foundation:         01.10.1968

 Shareholders'

 agreement:                   22.11.1979

 Registered on:               07.02.1980

 Commercial Register:    Local court 97070 Würzburg

 under:                          HRB 1490

 

 

Share capital                         

 

EUR          1,000,000.00

 

 


Shareholder

 

Wenzel Vermögensverwaltung GmbH & Co. KG

Werner-Wenzel-Str.

D 97859 Wiesthal

Legal form: Ltd partnership with priv. ltd.

company as general partner dissolved

Share:             EUR          1,000,000.00

Registered on: 19.02.2003

Reg. data: 97070 Würzburg, HRA 5317

 

Manager:

Frank Wenzel

D 97859 Wiesthal

having sole power of representation

born: 29.11.1967

Profession: graduate engineer

Marital status: married

 

Manager:

Dr. Heike Wenzel-Däfler

D 97859 Wiesthal

having sole power of representation

born: 28.08.1971

née: Wenzel

Marital status: married

 

Proxy:

Fred Schütter

D 56337 Arzbach

authorized to jointly represent the company

born: 22.09.1957

Marital status: unknown

 

Proxy:

Dirk Richard

Tordenskioldstr. 20d

D 30880 Laatzen

authorized to jointly represent the company

born: 02.02.1971

 

 

Further functions/participations of Frank Wenzel

(Manager)

 

Limited partner:

Wenzel Group GmbH & Co. KG

Werner-Wenzel-Str. 1

D 97859 Wiesthal

Legal form: Ltd partnership with priv. ltd.

company as general partner

Total cap.         EUR             50,000.00

contribution:

Share:             EUR             21,250.00

Registered

on:         13.12.2005

Reg. data:  97070 Würzburg, HRA 5317

 

Manager:

WENZEL Volumetrik GmbH

Maggistr. 7

D 78224 Singen

Legal form: Private limited company

Share capital:     EUR             25,000.00

Registered

on:         21.10.2009

Reg. data:  79098 Freiburg, HRB 704434

 

Manager:

Villa Marburg GmbH

Werner-Wenzel-Str. 1

D 63869 Heigenbrücken

Legal form: Private limited company

Share capital:     EUR             25,000.00

Registered

on:         25.10.2001

Reg. data:  63739 Aschaffenburg, HRB 8193

 

Manager:

Wenzel Gear Tec GmbH

Werner-Wenzel-Str.

D 97859 Wiesthal

Legal form: Private limited company

dissolved

Share capital:     EUR            100,000.00

Registered

on:         05.11.2009

Reg. data:  97070 Würzburg, HRB 10412

 

Manager:

WENZEL ScanTec GmbH

Mettendorfer Weg 24

D 91171 Greding

Legal form: Private limited company

Share capital:     EUR             25,000.00

Registered

on:         17.12.2002

Reg. data:  90402 Nürnberg, HRB 19751

 

Further functions/participations of Dr. Heike Wenzel-Däfler

(Manager)

 

Limited partner:

Wenzel Group GmbH & Co. KG

Werner-Wenzel-Str. 1

D 97859 Wiesthal

Legal form: Ltd partnership with priv. ltd.

company as general partner

Total cap.         EUR             50,000.00

contribution:

Share:             EUR             21,250.00

Registered

on:         13.12.2005

Reg. data:  97070 Würzburg, HRA 5317

 

Shareholder:

WENZEL Messtechnik Leipzig GmbH

Wiesenring 13

D 04159 Leipzig

Legal form: Private limited company

insolvent

Share capital:     EUR             25,000.00

Share:             EUR              1,250.00

Registered

on:         21.01.2008

Reg. data:  04275 Leipzig, HRB 23771

 

Manager:

Wenzel Gear Tec GmbH

Werner-Wenzel-Str.

D 97859 Wiesthal

Legal form: Private limited company

dissolved

Share capital:     EUR            100,000.00

Registered

on:         05.11.2009

Reg. data:  97070 Würzburg, HRB 10412

 

Manager:

WENZEL ScanTec GmbH

Mettendorfer Weg 24

D 91171 Greding

Legal form: Private limited company

Share capital:     EUR             25,000.00

Registered

on:         17.12.2002

Reg. data:  90402 Nürnberg, HRB 19751

 

Manager:

Villa Marburg GmbH

Werner-Wenzel-Str. 1

D 63869 Heigenbrücken

Legal form: Private limited company

Share capital:     EUR             25,000.00

Registered

on:         25.10.2001

Reg. data:  63739 Aschaffenburg, HRB 8193

 

Manager:

WENZEL Volumetrik GmbH

Maggistr. 7

D 78224 Singen

Legal form: Private limited company

Share capital:     EUR             25,000.00

Registered

on:         21.10.2009

Reg. data:  79098 Freiburg, HRB 704434

 

 

COMPANY HISTORY

 

 22.11.1979 - 11.06.1996  Wenzel Präzision GmbH

                          Wenzel-Präzision-Str.

                          D 97859 Wiesthal

                          Private limited company

 12.06.1996 - 23.01.2003  Wenzel Präzision GmbH

                          Werner-Wenzel-Str. 24

                          D 97859 Wiesthal

                          Private limited company

 24.01.2003 - 15.10.2009  Wenzel Präzision GmbH

                          Werner-Wenzel-Str. 1

                          D 97859 Wiesthal

                          Private limited company

 

 

BUSINESS ACTIVITIES

 

 Sectors

 26512   Manufacture of instruments and appliances for measuring, testing and navigation

 

 


PARTICIPATIONS

 

Shareholder:

Wenzel Gear Tec GmbH

Werner-Wenzel-Str.

D 97859 Wiesthal

Legal form: Private limited company

Company Status: dissolved  since: 29.06.2011

Share capital:     EUR            100,000.00

Share:             EUR            100,000.00

Reg. data:  05.11.2009

Local court 97070 Würzburg

HRB 10412

 

Shareholder:

WENZEL Volumetrik GmbH

Maggistr. 7

D 78224 Singen

Legal form: Private limited company

Company Status: active

Share capital:     EUR             25,000.00

Share:             EUR             25,000.00

Reg. data:  21.10.2009

Local court 79098 Freiburg

HRB 704434

 

Shareholder:

Villa Marburg GmbH

Werner-Wenzel-Str. 1

D 63869 Heigenbrücken

Legal form: Private limited company

Company Status: active

Share capital:     EUR             25,000.00

Share:             EUR             25,000.00

Reg. data:  25.10.2001

Local court 63739 Aschaffenburg

HRB 8193

 

Shareholder:

R&P Metrology GmbH

Am Roten Mäuerle 41

D 75181 Pforzheim

Legal form: Private limited company

Company Status: active

Share capital:     EUR            100,000.00

Share:             EUR             10,000.00

Reg. data:  06.07.2011

Local court 68159 Mannheim

HRB 712228

 

 

FINANCIAL INFORMATION

 

 Payment experience:  without complaints

 

 Negative information:We have no negative information at hand.

 

 Maximum credit:      200,000 EUR

 

REAL ESTATE

 

Type of ownership:   Tenant

 Address              Werner-Wenzel-Str.

                      D 97859 Wiesthal

 

 Land register documents were not available.

 

 

BANKERS

 

 Principal bank

 DEUTSCHE BANK, ASCHAFFENBURG

 Sort. code: 79570051, Account no.: 13432000, BIC: DEUTDEFF795

 

 Further banks

 SPARKASSE MAINFRANKEN WÜRZBURG, LOHR A. MAIN

 Sort. code: 79050000, Account no.: 42287227, BIC: BYLADEM1SWU

 RAIFFEISENBANK WALDASCHAFF-HEIGENBRÜCKEN, HEIGENBRÜCKEN

 Sort. code: 79565568, BIC: GENODEF1WAA

 

 

FINANCIAL FIGURES

 

 Financial year:      01.01. - 31.12.

 Share capital:                          EUR          1,000,000.00

 Equipment:                              EUR          2,560,395.00

 Ac/ts receivable:                       EUR         20,294,491.00

 Liabillities:                           EUR         28,270,135.00

 Employees:                                                    501

 - thereof permanent staff:                                    467

 - Trainees:                                                    34

 

 The aforementioned business figures may partly be estimated

 information based on average values in the line of business.


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.50.72

UK Pound

1

Rs.79.88

Euro

1

Rs.68.46

 

 

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.