MIRA INFORM REPORT
|
Report Date : |
07.10.2011 |
Supplement
We refer to your enquiry of 30.11.2010. In the meantime there have been
changes in particular in the following areas subject to monitoring:
- Name / address
- Legal form
Company name & address
Stahl- und Plastic-Flanschen
Handelsgesellschaft Lorenz GmbH & Co KG
Main address:
August-Borsig-Str. 20-28
D 59439 Holzwickede
Telephone: 02301/913150
Telefax: 02301/9131599
Homepage: www.stahl-plastic.de
E-mail: lorenz@stahl-plastic.de
VAT no.
DE124900685
CONCLUSION
Business relations are permissible.
SYNTHESIS
LEGAL FORM Ltd partnership with priv. ltd.
company as
general partner
Date of foundation: 01.01.1961
Begin of business activities: 01.01.1961
Registered on: 18.01.1980
Register of
companies: Local court 59065 Hamm
under: HRA 2149
Total cap. contribution: EUR 1,000,000.00
Limited partner
Jens-Oliver Lorenz
Am Stuckenberg 36
D 59427 Unna
born: 15.06.1970
Share: EUR 1,000,000.00
General partner
Lorenz Verwaltungsgesellschaftmit
beschränkter Haftung
Rombergstr. 2
D 59439 Holzwickede
Legal form: Private limited company
Share capital: EUR 25,564.59
Registered on: 21.12.1979
Reg. data: 59065 Hamm, HRB 3131
Shareholder
Jens-Oliver Lorenz
Am Stuckenberg 36
D 59427 Unna
born: 15.06.1970
Share: EUR 25,564.59
Manager
Rolf Wittke
D 59439 Holzwickede
having sole power of representation
born: 12.03.1951
Profession: Management expert
Marital status: married
Manager:
Jens-Oliver Lorenz
Am Stuckenberg 36
D 59427 Unna
having sole power of representation
born: 15.06.1970
Profession: Businessman
COMPANY HISTORY
18.01.1980 - 30.06.2010
Stahl- und Plastic-Flanschen
Handelsgesellschaft Lorenz GmbH & Co KG
Rombergstr. 2
D
59439 Holzwickede
Ltd partnership with priv. ltd. company
as
general partner
BUSINESS ACTIVITIES
Main industrial sector
22290 Manufacture of other
plastic products
24203 Manufacture of
pipes, hollow profiles and related
fittings, of steel
28140 Manufacture of taps
and valves n.e.c.
46743 Wholes of metal and
plastic goods for construction purposes
BRANCHES AND FACTORIES
Branch:
Stahl- und Plastic-Flanschen
Handelsgesellschaft Lorenz GmbH & Co KG
Max-Planck-Str. 14
D 63322 Rödermark
TEL.: 06074/8653-0
FAX.: 06074/8653-99
FINANCIAL INFORMATION
Payment experience: within
agreed terms
Negative information: We have no negative information at hand.
Maximum credit: 108,000
EUR
Balance sheet year: 2009
REAL ESTATE
Type of ownership: proprietor
Share: 100.00 %
Address August-Borsig-Str. 20-28
D
59439 Holzwickede
Real Estate of: Lorenz
Verwaltungsgesellschaftmit
beschränkter Haftung
Type of ownership: Tenant
Address Rombergstr.
2
D 59439 Holzwickede
Land register documents were not available.
BANKERS
DEUTSCHE BANK, DORTMUND
Sort. code: 44070050, BIC: DEUTDEDE440
COMMERZBANK, DORTMUND
Sort. code: 44040037, BIC: COBADEFF440
SEB, OFFENBACH AM MAIN
Sort. code: 50510111, BIC: ESSEDE5F505
FINANCIAL FIGURES
Gross
profit or loss:2009
EUR 5,056,872.00
2010 EUR 5,400,000.00
Profit: 2009 EUR 882,458.00
further business figures:
Equipment: EUR 528,566.00
Ac/ts receivable: EUR 2,020,377.00
Liabillities: EUR 11,073,113.00
Total numbers of vehicles: 7
-
Lorries: 4
-
Passenger cars:
3
Employees:
59
BALANCE SHEETS
Balance sheet ratios 01.01.2009 - 31.12.2009
Equity ratio [%]: 28.78
Liquidity ratio: 0.24
Return on total capital [%]: 5.81
Balance sheet ratios 01.01.2008 - 31.12.2008
Equity ratio [%]: 30.82
Liquidity ratio: 0.31
Return on total capital [%]: 7.81
Balance sheet ratios 01.01.2007 - 31.12.2007
Equity ratio [%]: 30.04
Liquidity ratio: 0.54
Return on total capital [%]: 8.75
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 15,199,064.79
Fixed assets
EUR 6,473,924.09
Intangible assets
EUR 2,222.04
Other / unspecified intangible assetsEUR 2,222.04
Tangible assets
EUR 6,471,702.05
Land / similar rights
EUR 4,317,933.62
Plant / machinery
EUR 87,896.10
Other tangible assets / fixtures and
fittings
EUR 528,566.98
Advance payments made / construction
in progress
EUR 1,537,305.35
Current assets
EUR 8,591,882.70
Stocks EUR 4,352,390.72
Accounts receivable
EUR 2,020,377.98
Other debtors and assets
EUR 2,020,377.98
Liquid means
EUR 2,219,114.00
Remaining other assets
EUR 133,258.00
Accruals (assets)
EUR 133,258.00
LIABILITIES EUR 15,199,064.79
Shareholders' equity
EUR 4,000,000.00
Capital
EUR 1,000,000.00
Limited partner's capital / capital
of partially liable partner (LP)
EUR 1,000,000.00
Reserves
EUR 3,000,000.00
Provisions
EUR 125,951.00
Liabilities
EUR 11,073,113.79
Financial debts
EUR 9,748,101.79
Liabilities due to banks
EUR 9,748,101.79
Other liabilities
EUR 1,325,012.00
Unspecified other liabilities
EUR 1,325,012.00
Profit and loss account (cost-summary method)
according to Comm.
Code
(HGB)
Gross result (+/-)
EUR 5,056,871.57
Staff expenses
EUR 1,986,097.53
Wages and salaries
EUR 1,697,675.71
Social security contributions and
expenses for pension plans and
benefits EUR 288,421.82
Total depreciation
EUR 273,678.79
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus.
EUR 273,678.79
Other operating expenses
EUR 1,302,480.35
Operating result from continuing
operations
EUR 1,494,614.90
Interest result (+/-)
EUR -389,899.08
Interest and similar income
EUR 5,815.52
Interest and similar expenses
EUR 395,714.60
Financial result (+/-)
EUR -389,899.08
Result from ordinary operations (+/-)
EUR 1,104,715.82
Income tax / refund of income tax (+/-)EUR -205,136.57
Other taxes / refund of taxes
EUR -17,121.34
Tax
(+/-)
EUR -222,257.91
Annual surplus / annual deficit
EUR 882,457.91
Type
of balance
sheet: Company balance sheet
Financial year: 01.01.2008 - 31.12.2008
ASSETS EUR 13,044,995.59
Fixed assets
EUR 5,491,666.15
Intangible assets
EUR 3,172.04
Concessions, licences, rights
EUR 3,172.04
Tangible assets
EUR 5,488,494.11
Land / similar rights
EUR 4,309,510.73
Plant / machinery
EUR 93,317.37
Other tangible assets / fixtures and
fittings
EUR 452,337.15
Advance payments made / construction
in progress
EUR 633,328.86
Current assets
EUR 7,405,243.44
Stocks
EUR 4,066,535.75
Raw materials, consumables and
supplies EUR 20,149.58
Finished goods / work in progress
EUR 4,046,386.17
Accounts receivable
EUR 2,539,189.56
Trade debtors
EUR 2,270,679.20
Other debtors and assets
EUR 268,510.36
Liquid means
EUR 799,518.13
Remaining other assets
EUR 148,086.00
Accruals (assets)
EUR 148,086.00
LIABILITIES EUR 13,044,995.59
Shareholders' equity
EUR 3,277,031.00
Capital
EUR 1,000,000.00
Limited partner's capital / capital
of partially liable partner (LP)
EUR 1,000,000.00
Reserves
EUR 2,277,031.00
Provisions
EUR 157,422.00
Other / unspecified provisions
EUR 157,422.00
Liabilities
EUR 9,610,542.59
Financial debts
EUR 7,324,833.92
Liabilities due to banks
EUR 7,324,833.92
Other liabilities
EUR 2,285,708.67
Trade creditors (for IAS incl. bills
of exchange)
EUR 1,199,696.59
Unspecified other liabilities
EUR 1,086,012.08
thereof liabilities from tax /
financial authorities
EUR 44,789.45
thereof liabilities from social
security
EUR 5,928.20
Profit and loss account (cost-summary method)
according to Comm.
Code
(HGB)
Gross result (+/-)
EUR 5,321,288.71
Staff expenses
EUR 1,960,762.50
Wages and salaries
EUR 1,687,476.60
Social security contributions and
expenses for pension plans and
benefits EUR 273,285.90
Total depreciation
EUR 164,882.68
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus.
EUR 164,882.68
Other operating expenses
EUR 1,461,117.60
Operating result from continuing
operations
EUR 1,734,525.93
Interest result (+/-)
EUR -464,584.64
Interest and similar income EUR 69,131.41
Interest and similar expenses
EUR 533,716.05
Financial result (+/-)
EUR -464,584.64
Result from ordinary operations (+/-)
EUR 1,269,941.29
Income tax / refund of income tax (+/-)EUR -244,001.14
Other taxes / refund of taxes
EUR -6,977.16
Tax
(+/-)
EUR -250,978.30
Annual surplus / annual deficit
EUR 1,018,962.99
MIRA INFORM REPORT
|
Prepared for : |
Hilton Metal Forging – Mumbai |
|
|
|
|
Your Ref. No.: |
Req. of Mr. Suryakant Mayani |
|
Report No. : |
125769 |
|
Inquiry Date : |
25.11.2010 |
INQUIRY DETAILS
|
Given Name : |
Stahl + Plastic Flanschen |
|
|
|
|
Given Address : |
Handelsges Lorenz Gmbh + Co KG 1228 D 59435 |
IDENTIFICATION DETAILS
|
Name : |
STAHL- UND PLASTIC-FLANSCHEN
HANDELSGESELLSCHAFT LORENZ GMBH & CO KG |
|
|
|
|
Registered Office : |
Rombergstr. 2, D 59439 Holzwickede |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2008 |
|
|
|
|
Date of Incorporation : |
18.01.1980 |
|
|
|
|
Com. Reg. No.: |
HRA 2149 |
|
|
|
|
Legal Form : |
Ltd partnership with priv. ltd. company as general partner |
|
|
|
|
Line of Business : |
Manufacturer
of other plastic products |
RATING & COMMENTS
|
MIRA’s Rating : |
A |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 |
|
Maximum Credit Limit : |
90.500
EUR |
|
Status : |
Good |
|
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 – June 30, 2010
|
Country Name |
Previous Rating (01.04.2010) |
Current Rating (30.06.2010) |
|
|
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
Stahl- und
Plastic-Flanschen Handelsgesellschaft Lorenz GmbH & Co KG
Main address:
Rombergstr. 2
D 59439 Holzwickede
Telephone: 02301/913150
Telefax:
02301/9131599
Homepage: www.stahl-plastic.de
E-mail:
lorenz@stahl-plastic.de
VAT no.
DE124900685
CONCLUSION
Business relations are permissible.
Synthesis
LEGAL FORM Ltd
partnership with priv. ltd. company as
general partner
Date of foundation: 01.01.1961
Begin of business
activities: 1980
Registered on: 18.01.1980
Register of
companies: Local
court 59065
under: HRA
2149
Total cap. contribution: EUR
1.000.000,00
Limited
partner
Jens-Oliver Lorenz
Am Stuckenberg 36
D 59427
born: 15.06.1970
Share: EUR 1.000.000,00
General partner
Lorenz Verwaltungsgesellschaftmit
beschränkter Haftung
Rombergstr. 2
D 59439 Holzwickede
Legal form: Private limited company
Share capital: EUR 25.564,59
Registered on: 21.12.1979
Reg. data: 59065
Shareholder
Jens-Oliver Lorenz
Am Stuckenberg 36
D 59427
born: 15.06.1970
Share: EUR 25.564,59
Manager
Rolf Wittke
D 59439 Holzwickede
having sole power of representation
born: 12.03.1951
Profession: Management expert
Marital status: married
Manager:
Jens-Oliver Lorenz
Am Stuckenberg 36
D 59427
having sole power of representation
born: 15.06.1970
Profession: Businessman
BUSINESS ACTIVITIES
Sectors
22290
Manufacture of other plastic products
24203
Manufacture of pipes, hollow profiles and related
fittings, of steel
28140
Manufacture of taps and valves n.e.c.
46743
Wholes of metal and plastic goods for construction purposes
BRANCHES AND FACTORIES
Branch:
STAHL
und PLASTIC-FLANSCHEN
Handelsgesellschaft Lorenz GmbH + Co.
Max-Planck-Str. 14
D 63322 Rödermark
TEL.: 06074/8653-0
FAX.: 06074/8653-99
Branch:
Stahl+Plastic Flanschen Handelsgesellschaft
Lorenz
GmbH & Co. KG
August-Borsig-Str. 20-28
D
59439 Holzwickede
FINANCIAL INFORMATION
Payment experience: within agreed terms
Negative information:We have no negative
information at hand.
Maximum credit: 90.500 EUR
Balance sheet year: 2008
REAL ESTATE
Type of ownership: Tenant
Address Rombergstr. 2
D 59439 Holzwickede
Type of ownership: proprietor
Share: 100,00 %
Address August-Borsig-Str. 20-28
D
59439 Holzwickede
Private real estate
Name: Lorenz
Verwaltungsgesellschaftmit
beschränkter
Haftung
Type of ownership: Tenant
Address Rombergstr. 2
D 59439 Holzwickede
Land register documents were not available.
BANKERS
DEUTSCHE BANK, DORTMUND
Sort. code: 44070050, BIC:
DEUTDEDE440
COMMERZBANK, DORTMUND
Sort. code: 44040037, BIC:
COBADEFF440
SEB, OFFENBACH AM MAIN
Sort. code: 50510111, BIC:
ESSEDE5F505
FINANCIAL FIGURES
Gross profit or loss:2008 EUR 5.321.289,00
Profit: 2008 EUR 1.018.963,00
Equipment: EUR 400.000,00
Ac/ts receivable: EUR 2.000.000,00
Liabillities: EUR 1.000.000,00
Total numbers of vehicles: 8
- Lorries:
4
- Passenger cars:
4
Employees:
53
BALANCE SHEETS
Balance sheet ratios 2008
Equity ratio [%]: 30,82
Liquidity ratio: 0,31
Return on total capital [%]: 7,81
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: 01.01.2008 - 31.12.2008
ASSETS EUR 13.044.995,59
Fixed assets EUR 5.491.666,15
Intangible assets
EUR 3.172,04
Concessions, licences, rights
EUR 3.172,04
Tangible assets
EUR 5.488.494,11
Land / similar rights
EUR 4.309.510,73
Plant / machinery
EUR 93.317,37
Other tangible assets / fixtures and
fittings
EUR 452.337,15
Advance payments made / construction
in progress
EUR 633.328,86
Current assets
EUR 7.405.243,44
Stocks
EUR 4.066.535,75
Raw materials, consumables and
supplies EUR 20.149,58
Finished goods / work in progress
EUR 4.046.386,17
Accounts receivable
EUR 2.539.189,56
Trade debtors
EUR 2.270.679,20
Other debtors and assets
EUR 268.510,36
Liquid means
EUR 799.518,13
Remaining other assets
EUR 148.086,00
Accruals (assets)
EUR 148.086,00
LIABILITIES EUR 13.044.995,59
Shareholders' equity
EUR 3.277.031,00
Capital
EUR 1.000.000,00
Limited partner's capital / capital
of partially liable partner (LP)
EUR 1.000.000,00
Reserves
EUR 2.277.031,00
Provisions
EUR 157.422,00
Other / unspecified provisions
EUR 157.422,00
Liabilities
EUR 9.610.542,59
Financial debts
EUR 7.324.833,92
Liabilities due to banks
EUR 7.324.833,92
Other liabilities EUR
2.285.708,67
Trade creditors (for IAS incl. bills
of exchange)
EUR 1.199.696,59
Unspecified other liabilities
EUR 1.086.012,08
thereof liabilities from tax /
financial authorities
EUR 44.789,45
thereof liabilities from social
security
EUR 5.928,20
Profit and loss account (cost-summary method)
according to Comm.
Code
(HGB)
Gross result (+/-) EUR 5.321.288,71
Staff expenses
EUR 1.960.762,50
Wages and salaries
EUR 1.687.476,60
Social security contributions and
expenses for pension plans and
benefits EUR 273.285,90
Total depreciation
EUR 164.882,68
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus.
EUR 164.882,68
Other operating expenses
EUR 1.461.117,60
Operating result from continuing
operations
EUR 1.734.525,93
Interest result (+/-)
EUR -464.584,64
Interest and similar income
EUR 69.131,41
Interest and similar expenses
EUR 533.716,05
Financial result (+/-)
EUR -464.584,64
Result from ordinary operations (+/-)
EUR 1.269.941,29
Income tax / refund of income tax (+/-)EUR -244.001,14
Other taxes / refund of taxes
EUR -6.977,16
Tax
(+/-)
EUR -250.978,30
Annual surplus / annual deficit
EUR 1.018.962,99
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.49.19 |
|
|
1 |
Rs.75.92 |
|
Euro |
1 |
Rs.55.44 |
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 |
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.