MIRA
INFORM REPORT
|
Report Date : |
30.11.2011 |
IDENTIFICATION DETAILS
|
Name : |
PENTEL
BÜROBEDARF-HANDELSGESELLSCHAFT M.B.H. |
|
|
|
|
Registered Office : |
Lademannbogen
143 D 22339 Hamburg |
|
|
|
|
Country : |
Germany |
|
|
|
|
Financials (as on) : |
31.03.2011 |
|
|
|
|
Date of Incorporation : |
07.10.1968 |
|
|
|
|
Com. Reg. No.: |
HRB 12611 |
|
|
|
|
Legal Form : |
Private
Limited Company |
|
|
|
|
LINE OF BUSINESS : |
WHOLESALE OF PAPER AND
PAPERBOARD, STATIONERY, OFFICE SUPPLIES, BOOKS,PERIODICALS AND NEWSPAPERS |
|
|
|
|
No. of Employees : |
39 |
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 : |
250,000
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 – 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 and address
PENTEL Bürobedarf-Handelsgesellschaft m.b.H.
Company Status: active
Main address:
Lademannbogen 143
D 22339 Hamburg
Telephone:040/5380910
Telefax: 040/5385587
Homepage: www.pentel.de
E-mail: info@pentel.de
VAT no.
DE118678393
CONCLUSION
Business relations are
permissible.
Regitatrtion data
LEGAL FORM Private
limited company
Date of foundation: 07.10.1968
Shareholders'
agreement: 07.10.1968
Registered on: 17.03.1969
Commercial Register: Local court 20355 Hamburg
under: HRB 12611
Share capital
EUR 1,022,583.76
Shareholder
PENTEL Co. LTD.
.
J - Tokio/Japan
Legal form: Other legal form
Share: EUR 1,022,583.76
Manager:
Satoshi Ohi
D 22339 Hamburg
having sole power of representation
born: 05.10.1958
RESIGNED ACTING PERSONS AND
SHAREHOLDERS
20.11.2009 -
16.09.2011 Manager
Koki Chiba
D
25469 Halstenbek
03.07.2003 -
17.11.2009 Manager
Mikio Endo
D
25469 Halstenbek
BUSINESS ACTIVITIES
Sectors
46494 Wholesale of paper and paperboard,
stationery, office
supplies, books,periodicals
and newspapers
47622 Retail sale of
stationery and school and office supplies
FINANCIAL INFORMATION
Payment experience: within
agreed terms
Negative information:We have
no negative information at hand.
Maximum credit: 250,000 EUR
Balance sheet year: 2010/2011
REAL ESTATE
Type of ownership: proprietor
Share: 100.00 %
Address Lademannbogen 143
D
22339 Hamburg
Land register documents
were not available.
BANKERS
COMMERZBANK, HAMBURG
Sort. code: 20040000, BIC:
COBADEHHXXX
BANK OF TOKYO-MITSUBISHI
UFJ, THE -, HAMBURG
Sort. code: 20110700, BIC:
BOTKDEH1XXX
POSTBANK (GIRO), HAMBURG
Sort. code: 20010020, BIC:
PBNKDEFF200
FINANCIAL FIGURES
Turnover: 2009/2010 EUR 17,552,598.00
2010/2011 EUR 16,765,635.00
Profit: 2009/2010 EUR 76,158.00
2010/2011 EUR -252,354.00
further business figures:
Equipment: EUR 28,335.00
Ac/ts receivable: EUR 3,733,198.00
Liabillities: EUR 6,324,366.00
Employees:
39
-
thereof permanent staff: 36
-
Trainees:
2
BALANCE SHEETS
Balance sheet ratios 01.04.2010 - 31.03.2011
Equity ratio [%]: 57.83
Liquidity ratio: 1.40
Return on total capital [%]: -2.77
Balance sheet grade: 2.4
Balance sheet ratios 01.04.2009 - 31.03.2010
Equity ratio [%]: 53.07
Liquidity ratio: 1.10
Return on total capital [%]: 0.68
Balance sheet grade: 2.5
Balance sheet ratios 01.04.2008 - 31.03.2009
Equity ratio [%]: 58.40
Liquidity ratio: 1.06
Return on total capital [%]: 0.61
Balance sheet grade: 2.3
Balance sheet ratios 01.04.2007 - 31.03.2008
Equity ratio [%]: 26.56
Liquidity ratio: 0.60
Return on total capital [%]: 3.90
Balance sheet grade: 3.0
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: 01.04.2010 - 31.03.2011
ASSETS EUR 9,141,621.63
Fixed assets
EUR 1,234,821.16
Intangible assets
EUR 94,190.07
Concessions, licences, rights EUR 94,190.07
Tangible assets
EUR 1,100,076.61
Land / similar rights
EUR 1,071,741.30
Other tangible assets / fixtures and
fittings EUR 28,335.31
Financial assets
EUR 40,554.48
Shares in participations /
subsidiaries and the like
EUR 40,554.48
Shares in investee companies
EUR 40,554.48
Current assets
EUR 7,793,662.57
Stocks
EUR 3,246,762.06
Finished goods / work in progress
EUR 3,246,762.06
Accounts receivable EUR 3,733,198.76
Trade debtors
EUR 2,384,479.57
Amounts due from related companies
EUR 1,176,473.88
Other debtors and assets
EUR 172,245.31
Liquid means EUR 813,701.75
Remaining other assets
EUR 113,137.90
Accruals (assets)
EUR 113,137.90
LIABILITIES EUR 9,141,621.63
Shareholders'
equity EUR 2,471,873.47
Capital
EUR 1,022,583.76
Subscribed capital (share capital)
EUR 1,022,583.76
Reserves
EUR 395,911.54
Retained earnings / revenue reserves EUR 395,911.54
Balance sheet profit/loss (+/-)
EUR 1,053,378.17
Profit / loss brought forward
EUR 1,305,732.46
Annual surplus / annual deficit
EUR -252,354.29
Provisions
EUR 345,382.00
Other / unspecified provisions
EUR 345,382.00
Liabilities
EUR 6,324,366.16
Financial debts EUR 2,100,000.00
Liabilities due to banks
EUR 2,100,000.00
Other liabilities
EUR 4,224,366.16
Trade creditors (for IAS incl. bills
of exchange)
EUR 114,193.53
Liabililties due to related companiesEUR 3,776,453.40
Unspecified other liabilities
EUR 333,719.23
thereof liabilities from tax /
financial authorities
EUR 194,751.83
Guarantees and other commitments EUR 6,600.00
Guarantees / warranties
EUR 6,600.00
Guarantees
EUR 6,600.00
Profit and loss account (cost-summary method)
according to Comm.
Code
(HGB)
Sales
EUR 16,765,635.20
Other operating income
EUR 147,980.45
Cost of materials
EUR 13,319,482.65
Raw materials and supplies, purchased
goods
EUR 13,319,482.65
Gross result (+/-)
EUR 3,594,133.00
Staff expenses
EUR 2,019,688.06
Wages and salaries
EUR 1,736,360.21
Social security contributions and
expenses for pension plans and
benefits
EUR 283,327.85
Total depreciation
EUR 174,265.84
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus.
EUR 70,465.53
Depreciation on current assets (+/-)
EUR 103,800.31
Other operating expenses
EUR 1,616,717.86
Operating
result from continuing
operations
EUR -216,538.76
Interest result (+/-)
EUR -30,746.12
Interest and similar income
EUR 5,123.64
Interest and similar expenses
EUR 35,869.76
Financial result (+/-)
EUR -30,746.12
Result from ordinary operations (+/-)
EUR -247,284.88
Income tax / refund of income tax (+/-)EUR 3,730.33
Other
taxes / refund of taxes EUR -8,799.74
Tax
(+/-)
EUR -5,069.41
Annual surplus / annual deficit
EUR -252,354.29
Type
of balance
sheet: Company balance sheet
Financial year: 01.04.2009 - 31.03.2010
ASSETS EUR 11,247,729.35
Fixed assets
EUR 1,199,460.25
Intangible assets
EUR 13,665.78
Concessions, licences, rights EUR 13,665.78
Tangible assets
EUR 1,145,239.99
Land / similar rights
EUR 1,110,175.00
Other tangible assets / fixtures and
fittings EUR 35,064.99
Financial assets
EUR 40,554.48
Shares in participations /
subsidiaries and the like
EUR 40,554.48
Shares in investee companies
EUR 40,554.48
Current assets
EUR 9,958,116.21
Stocks
EUR 4,579,947.66
Finished goods / work in progress
EUR 4,579,947.66
Accounts receivable EUR 4,728,306.69
Trade debtors
EUR 2,937,628.62
Amounts due from related companies
EUR 1,565,787.74
Other debtors and assets
EUR 224,890.33
Liquid means EUR 649,861.86
Remaining other assets
EUR 90,152.89
Accruals (assets)
EUR 90,152.89
LIABILITIES EUR 11,247,729.35
Shareholders'
equity EUR 2,716,898.05
Capital
EUR 1,022,583.76
Subscribed capital (share capital)
EUR 1,022,583.76
Reserves
EUR 388,581.83
Retained earnings / revenue reserves EUR 388,581.83
Balance sheet profit/loss (+/-)
EUR 1,305,732.46
Profit / loss brought forward
EUR 1,229,574.89
Annual surplus / annual deficit
EUR 76,157.57
Provisions
EUR 312,404.32
Other / unspecified provisions
EUR 312,404.32
Liabilities
EUR 8,218,426.98
Financial debts EUR 2,750,000.00
Liabilities due to banks
EUR 2,750,000.00
Other liabilities
EUR 5,468,426.98
Trade creditors (for IAS incl. bills
of exchange)
EUR 134,409.69
Liabililties due to related companiesEUR 5,036,675.70
Unspecified other liabilities
EUR 297,341.59
thereof liabilities from tax /
financial authorities
EUR 148,437.10
thereof liabilities from social
security
EUR 0.00
Profit and loss account (cost-summary method)
according to Comm.
Code
(HGB)
Sales
EUR 17,552,597.55
Other
operating income EUR 181,630.08
Cost of materials
EUR 13,878,276.07
Raw materials and supplies, purchased
goods
EUR 13,878,276.07
Gross result (+/-)
EUR 3,855,951.56
Staff expenses
EUR 1,999,448.93
Wages and salaries
EUR 1,702,394.34
Social security contributions and
expenses for pension plans and
benefits
EUR 297,054.59
Total depreciation
EUR 64,282.41
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus.
EUR 64,282.41
Other operating expenses
EUR 1,898,485.95
Operating result from continuing
operations
EUR -106,265.73
Result from participating interests
(+/-) EUR 174,077.04
Expenses / income from participations EUR 174,077.04
Income from related companies
EUR 174,077.04
Interest result (+/-)
EUR -33,676.57
Interest and similar income
EUR 5,152.47
Interest and similar expenses
EUR 38,829.04
Financial result (+/-)
EUR 140,400.47
Result from ordinary operations (+/-)
EUR 34,134.74
Income tax / refund of income tax (+/-)EUR 50,462.80
Other taxes / refund of taxes
EUR -8,439.97
Tax
(+/-)
EUR 42,022.83
Annual surplus / annual deficit
EUR 76,157.57
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.51.93 |
|
|
1 |
Rs.80.62 |
|
Euro |
1 |
Rs.69.36 |
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.