MIRA INFORM REPORT

 

 

Report Date :           

10.10.2011

 

IDENTIFICATION DETAILS

 

Correct Name :

WuRTH INDUSTRIE SERVICE GMBH & CO. KG

 

 

Registered Office :

Drillberg, D 97980 Bad Mergentheim

 

 

Country :

Germany

 

 

Date of Incorporation :

02.03.1999

 

 

Com. Reg. No.:

HRA 590503

 

 

Legal Form :

Ltd partnership with priv. ltd. company as general partner

 

 

Line of Business :

Retail sale of metal and plastic goods

 

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

 

Status :

Good

 

 

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 – March 31st, 2011

 

Country Name

Previous Rating

                   (31.12.2010)                  

Current Rating

(31.03.2011)

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 

 

Würth Industrie Service GmbH & Co. KG

 

 

Main address:     

 

Drillberg

D 97980 Bad Mergentheim

Telephone:07931/91-0

Telefax:  07931/91-1000

Homepage: www.wuerth-industrie.com

E-mail:   info@wuerth-industrie.com

 

 

VAT no.       

 

DE812676512

 

 

CONCLUSION

 

Business relations are permissible.

 

 

Synthesis

 

LEGAL FORM               Ltd partnership with priv. ltd. company as

general partner

Date of foundation:         1999

Registered on:               02.03.1999

Register of

companies:                   Local court 70190 Stuttgart

under:                                       HRA 590503

Total cap. contribution:   EUR         22.500.000,00

 

 

Limited partner

 

Adolf Würth GmbH & Co. KG

Reinhold-Würth-Str. 12-17

D 74653 Künzelsau

Legal form: Ltd partnership with priv. ltd.

company as general partner

Total cap.         EUR        115.000.000,00

contribution:

Share:             EUR         22.500.000,00

Registered on: 26.08.1963

Reg. data: 70190 Stuttgart, HRA 590261

 

 

General partner

 

Würth Industrie Service Verwaltungs-GmbH

Reinhold-Würth-Str. 12-17

D 74653 Künzelsau

Legal form: Private limited company

Share capital:     EUR             25.000,00

Registered on: 02.03.1999

Reg. data: 70190 Stuttgart, HRB 590633

 

 

Shareholder

 

Adolf Würth Stiftung

Reinhold-Würth-Str. 12-16

D 74653 Künzelsau

Legal form: Private law foundation

Share:             EUR             25.000,00

 

 

Manager

 

Rainer Bürkert

Diebacher Weg 12

D 74653 Ingelfingen

born: 18.04.1966

 

Manager:

Ralf Gehringer

D 71717 Beilstein

born: 07.12.1967

 

 

Proxy

 

Ralf Lagerbauer

D 97980 Bad Mergentheim

authorized to jointly represent the company

born: 21.03.1969

 

Proxy:

Christian Schorndorfer

D 74354 Besigheim

authorized to jointly represent the company

born: 23.09.1973

 

Proxy:

Stefan Reuss

Landwehr 16

D 74232 Abstatt

authorized to jointly represent the company

born: 26.04.1974

 

Proxy:

Martina Heger

D 74679 Weißbach

authorized to jointly represent the company

born: 13.12.1968

 

 

COMPANY HISTORY

 

 02.03.1999 - 31.12.1999  Würth Industrie Service GmbH & Co. KG

                          Reinhold-Würth-Str. 12 - 16

                          D 74653 Künzelsau

                          Ltd partnership with priv. ltd. company

                          as general partner

 31.08.2001 - 26.03.2003  Würth Industrie Service GmbH & Co. KG

                          Drillberg

                          D 97980 Bad Mergentheim

                          Ltd partnership with priv. ltd. company

                          as general partner

 26.03.2003 - 24.03.2004  Würth Industrie Service GmbH & Co. KG

                          Drillberg, Industriepark Würth

                          D 97980 Bad Mergentheim

                          Ltd partnership with priv. ltd. company

                          as general partner

 

 

BUSINESS ACTIVITIES

 

Secondary industrial sector

47521   Retail sale of metal and plastic goods n.e.c.

 

 

BRANCHES AND FACTORIES

 

Branch:

Würth Industrie Service GmbH & Co. KG

Gutenbergring 53

D 22848 Norderstedt

TEL.: 040/5343520

FAX.: 040/53435229

 

 

FINANCIAL INFORMATION

 

Payment experience:     takes advantage of cash discount

 

Negative information:      We have no negative information at hand.

 

 

REAL ESTATE

 

 Type of ownership:        proprietor

 Share:                          100,00 %

 Address                       Drillberg, Industriepark Würth

                                    97980 Bad Mergentheim

 

 Real Estate of::             Würth Industrie Service Verwaltungs-GmbH

 Type of ownership:        Tenant

 Address                       Reinhold-Würth-Str. 12-17

                                    D 74653 Künzelsau

 

Land register documents were not available.

 

 

BANKERS

 

Principal bank

DEUTSCHE BANK, HEILBRONN, NECKAR

Sort. code: 62070081, Account no.: 154468, BIC: DEUTDESS620

 

Further bank

KREISSPARKASSE MERGENTHEIM -ALT-, BAD MERGENTHEIM

Sort. code: 62351060, Account no.: 1188, BIC: SOLADES1MGH

 

 

FINANCIAL FIGURES

 

 Financial year:      01.01. - 31.12.

 Turnover:            2009               EUR        230.000.000,00

 Equipment:                              EUR         16.500.000,00

 Ac/ts receivable:                       EUR         10.000.000,00

 Liabillities:                           EUR          5.000.000,00

 Employees:                                                    720

 

 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.49.14

UK Pound

1

Rs.75.97

Euro

1

Rs.65.99

 

 

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%)

 

 

 

 

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.