MIRA INFORM REPORT

 

 

Report Date :           

17.10.2011

 

IDENTIFICATION DETAILS

 

Name :

DATA M SHEET METAL SOLUTIONS GMBH - 157557

 

 

Registered Office :

Am Marschallfeld 17, D 83626 Valley

 

 

Country :

Germany

 

 

Financials (as on) :

31.12.2009

 

 

Date of Incorporation :

22.06.1987

 

 

Com. Reg. No.:

HRB 81828

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Manufacture of computers and peripheral equipment

 

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 :

94,500 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 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 

 

data M Sheet Metal Solutions GmbH

 

Main address:

Am Marschallfeld 17

D 83626 Valley

Telephone:08024/6400

Telefax:  08024/640300

Homepage:        www.datam.de

E-mail:              datam@datam.de

 

 

VAT no

 

DE129322754

 

 

CONCLUSION

 

Business relations are permissible.

 

 

Synthesis

 

 LEGAL FORM              Private limited company

 Date of foundation:        25.05.1987

 Shareholders'

 agreement:                   25.05.1987

 Registered on:              22.06.1987

 Commercial Register:    Local court 80797 München

under:                                       HRB 81828

Share capital                 EUR            102,258.38

 

 

Shareholder

 

Albert Sedlmaier

D 83607 Holzkirchen

born: 27.04.1957

Share:             EUR             40,903.35

 

Shareholder:

Stefan Freitag

Zeppelinstr. 53

D 81669 München

born: 15.06.1960

Share:             EUR             26,075.89

 

Shareholder:

Andreas Bachthaler

D 82041 Oberhaching

born: 26.01.1963

Share:             EUR             25,053.30

 

Shareholder:

data M Sheet Metal Solutions GmbH

Am Marschallfeld 17

D 83626 Valley

Legal form: Private limited company

Share capital:     EUR            102,258.38

Share:             EUR             10,225.84

Registered on: 22.06.1987

Reg. data: 80797 München, HRB 81828

 

 

Manager

 

Albert Sedlmaier

D 83607 Holzkirchen

having sole power of representation

born: 27.04.1957

Profession: graduate engineer

Marital status: married

 

Manager:

Stefan Freitag

Zeppelinstr. 53

D 81669 München

having sole power of representation

born: 15.06.1960

Profession: graduate engineer

Marital status: married

 

BUSINESS ACTIVITIES

 

Sectors

 26200   Manufacture of computers and peripheral equipment

 47410   Retail sale of computers, peripheral units and software

 62030   Computer facilities management activities

 71122   Engineering activities in the field of technical sectoral

 planning andengineering design

 

 

PARTICIPATIONS

 

Shareholder:

                      data M Sheet Metal Solutions GmbH

                      Am Marschallfeld 17

                      D 83626 Valley

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR            102,258.38

                      Share:             EUR             10,225.84

                      Reg. data:  22.06.1987

                                  Local court 80797 München

                                  HRB 81828

 

 

FINANCIAL INFORMATION

 

Payment experience:     within agreed terms

 

Negative information:      We have no negative information at hand.

 

Maximum credit:            94,500 EUR

 

Balance sheet year:       2009

 

 

REAL ESTATE

 

 Type of ownership:   Tenant

 Address              Am Marschallfeld 17

                        D 83626 Valley

 

 Land register documents were not available.

 

 

BANKERS

 

DEUTSCHE BANK, MÜNCHEN

Sort. code: 70070010, BIC: DEUTDEMMXXX

 

 

FINANCIAL FIGURES

 

 Turnover:            2009               EUR          4,717,000.00

 Ac/ts receivable:                       EUR            627,608.00

 Liabillities:                           EUR            497,984.00

 Employees:                                                     17

 

The aforementioned business figures may partly be estimated  information based on average values in the line of business.

 

 

BALANCE SHEETS

 

 Balance sheet ratios 01.01.2009 - 31.12.2009

 Equity ratio [%]:                 52.71

 Liquidity ratio:                   4.37

 Return on total capital [%]:       5.92

 

 Balance sheet ratios 01.01.2008 - 31.12.2008

 Equity ratio [%]:                 54.70

 Liquidity ratio:                  10.00

 Return on total capital [%]:      27.38

 

 Balance sheet ratios 01.01.2007 - 31.12.2007

 Equity ratio [%]:                 41.00

 Liquidity ratio:                   5.31

 Return on total capital [%]:      14.00

 

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:      01.01.2009 - 31.12.2009

 

 ASSETS                                  EUR          1,370,340.86

  Fixed assets                           EUR            245,557.02

   Intangible assets                     EUR             10,241.00

    Other / unspecified intangible assetsEUR             10,241.00

   Tangible assets                       EUR             84,224.00

    Other / unspecified tangible assets  EUR             84,224.00

   Financial assets                      EUR            151,092.02

    Other / unspecified financial assets EUR            151,092.02

  Current assets                         EUR          1,099,964.54

   Stocks                                EUR             87,885.00

   Accounts receivable                   EUR            627,608.25

    Other debtors and assets             EUR            627,608.25

   Investments in current assets         EUR             30,000.00

   Liquid means                          EUR            354,471.29

  Remaining other assets                 EUR             24,819.30

   Accruals (assets)                     EUR             24,819.30

 

 LIABILITIES                             EUR          1,370,340.86

  Shareholders' equity                   EUR            724,786.56

   Capital                               EUR            102,258.38

    Subscribed capital (share capital)   EUR            102,258.38

   Reserves                              EUR             40,903.35

    Capital reserves                     EUR             40,903.35

   Balance sheet profit/loss (+/-)       EUR            581,624.83

    Profit / loss brought forward        EUR            500,778.34

    Annual surplus / annual deficit      EUR             80,846.49

  Provisions                             EUR             81,708.60

  Liabilities                            EUR            497,984.15

   Other liabilities                     EUR            497,984.15

    Unspecified other liabilities        EUR            497,984.15

  Other liabilities                      EUR             65,861.55

   Deferrals (liabilities)               EUR             65,861.55

 

 Type of balance

 sheet:               Company balance sheet

 

 Financial year:      01.01.2008 - 31.12.2008

 

 ASSETS                                  EUR          1,315,417.29

  Fixed assets                           EUR            410,349.20

   Intangible assets                     EUR             12,599.00

   Tangible assets                       EUR            115,845.00

   Financial assets                      EUR            281,905.20

  Current assets                         EUR            875,704.55

   Stocks                                EUR             53,880.00

   Accounts receivable                   EUR            434,118.06

   Investments in current assets         EUR             30,000.00

   Liquid means                          EUR            357,706.49

  Remaining other assets                 EUR             29,363.54

   Accruals (assets)                     EUR             29,363.54

 

 LIABILITIES                             EUR          1,315,417.29

  Shareholders' equity                   EUR            643,940.07

   Capital                               EUR            102,258.38

    Subscribed capital (share capital)   EUR            102,258.38

   Reserves                              EUR             40,903.35

    Capital reserves                     EUR             40,903.35

    Retained earnings / revenue reserves EUR                  0.00

   Balance sheet profit/loss (+/-)       EUR            500,778.34

    Profit / loss brought forward        EUR            142,376.21

    Annual surplus / annual deficit      EUR            358,402.13

  Provisions                             EUR            174,881.60

  Liabilities                            EUR            433,834.58

  Other liabilities                      EUR             62,761.04

   Deferrals (liabilities)               EUR             62,761.04

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.49.07

UK Pound

1

Rs.77.42

Euro

1

Rs.67.72

 

 

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.