MIRA
INFORM REPORT
|
Report Date : |
25.10.2011 |
IDENTIFICATION DETAILS
|
Name : |
PESTER PAC AUTOMATION GMBH |
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Registered Office : |
Hauptstr. 50 D 87787 Wolfertschwenden |
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|
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Country : |
Germany |
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|
|
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Financials (as on) : |
31.12.2009 |
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|
|
Year of Establishment : |
1888 |
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|
|
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Com. Reg. No.: |
HRB 11841 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
Manufacture of other general-purpose machinery |
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 : |
No Complaints |
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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 |
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Restricted |
C2 |
|
Off-credit |
D |
Company name and address
pester pac automation GmbH
Company Status: active
Main address:
Hauptstr. 50
D 87787 Wolfertschwenden
Telephone:08334/607-0
Telefax: 08334/607-200
Homepage: www.pester.com
E-mail: info@pester.com
VAT no.
DE228446341
CONCLUSION
Business relations are permissible.
Registration data
LEGAL FORM Private limited company
Date of foundation: 1888
Shareholders'
agreement: 10.02.2003
Registered on: 05.06.2003
Commercial Register: Local court 87700 Memmingen
under: HRB
11841
Share capital
EUR 1,515,000.00
Shareholder
Thomas Pester
D 87724 Ottobeuren
born: 04.05.1956
Share: EUR 1,485,000.00
Shareholder:
Ludwig Yannis
Kapfweg 7 OT Schrattenbach
D 87463 Dietmannsried
born: 14.02.1996
Share: EUR 30,000.00
Manager:
Thomas Pester
D 87724 Ottobeuren
having sole power of representation
born: 04.05.1956
Profession: Fully qualified economic
engineer
Marital status: single
Manager:
Bodo von Wartenberg
Memminger Str. 18
D 87730 Bad Grönenbach
having sole power of representation
born: 17.08.1958
Further functions/participations of
Thomas Pester (Manager)
Limited partner:
Landhotel Grönenbach GmbH & Co. KG
Ziegelberger Str. 3
D 87730 Bad Grönenbach
Legal form: Ltd partnership with priv. ltd.
company as general partner
Total cap. EUR 40,000.00
contribution:
Share: EUR 40,000.00
Registered
on: 15.02.2006
Reg. data: 87700 Memmingen,
HRA 11249
Shareholder:
Unterstüzungskasse Emil Pester GmbH
Hauptstr. 50
D 87787 Wolfertschwenden
Legal form: Private limited company
Share capital: EUR 25,564.60
Share: EUR 25,564.60
Registered
on: 28.05.1957
Reg. data: 87700 Memmingen,
HRB 8036
Manager:
Unterstüzungskasse Emil Pester GmbH
Hauptstr. 50
D 87787 Wolfertschwenden
Legal form: Private limited company
Share capital: EUR 25,564.60
Registered
on: 28.05.1957
Reg. data: 87700 Memmingen,
HRB 8036
COMPANY HISTORY
30.12.2002 -
05.06.2003 Thomas Pester Vermietung +
Verpachtung
KG
(AG Memmingen, HRA 10783)
Hauptstr. 50
D
87787 Wolfertschwenden
Limited partnership
05.06.2003 -
04.12.2008 Thomas Pester Vermietung +
Verpachtung
GmbH (bis 04.12.2008)
Hauptstr. 50
D
87787 Wolfertschwenden
Private limited company
BUSINESS ACTIVITIES
Sectors
2829 Manufacture of other general-purpose
machinery n.e.c.
46141 Agents involved in
the sale of machines (except
agricultural machineryand
office machinery) and industrial
supplies n.e.c.
74900 Other professional,
scientific and technical activities
n. e. c.
FINANCIAL INFORMATION
Payment experience: within
agreed terms
Negative information:We
have no negative information at hand.
Maximum credit: 250,000 EUR
Balance sheet year: 2009
REAL ESTATE
Type of ownership: Tenant
Address Hauptstr. 50
D
87787 Wolfertschwenden
Land register documents
were not available.
BANKERS
SPARKASSE MEMMINGEN-LINDAU-MINDELHEIM,
WOLFERTSCHWENDEN
Sort. code: 73150000, BIC:
BYLADEM1MLM
RAIFFEISENBANK IM ALLGÄUER
LAND, WOLFERTSCHWENDEN
Sort. code: 73369264, BIC:
GENODEF1DTA
FINANCIAL FIGURES
Turnover: 2009 EUR 38,176,329.00
2010 EUR 50,000,000.00
Profit: 2009 EUR 353,407.00
further business figures:
Equipment: EUR 1,201,023.00
Ac/ts receivable: EUR 7,463,561.00
Liabillities: EUR 21,222,617.00
Employees:
357
-
thereof permanent staff: 319
-
Temporary workers: 38
BALANCE SHEETS
Balance sheet ratios 01.01.2009 - 31.12.2009
Equity ratio [%]: 23.70
Liquidity ratio: 0.37
Return on total capital [%]: 1.14
Balance sheet grade: 3.5
Balance sheet ratios 01.01.2008 - 31.12.2008
Equity ratio [%]: 28.10
Liquidity ratio: 0.52
Return on total capital [%]: 21.12
Balance sheet grade: 2.3
Balance
sheet ratios 01.01.2007 - 31.12.2007
Equity ratio [%]: 29.82
Return on total capital [%]: 3.30
Balance sheet grade: 3.3
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 32,008,069.54
Fixed assets
EUR 10,938,294.33
Intangible assets
EUR 1,746,986.26
Concessions, licences, rights
EUR 82,946.77
Advance payments for intang. assets
EUR 1,664,039.49
Tangible assets
EUR 8,706,110.71
Land / similar rights
EUR 7,029,109.05
Plant / machinery
EUR 475,977.93
Other tangible assets / fixtures and
fittings
EUR 1,201,023.73
Financial assets
EUR 485,197.36
Shares in participations /
subsidiaries and the like
EUR 485,197.36
Shares in related companies
EUR 485,197.36
Current assets
EUR 20,837,158.94
Stocks
EUR 11,559,744.17
Raw materials, consumables and
supplies
EUR 2,375,883.86
Finished goods / work in progress
EUR 9,147,073.86
Advance payments made
EUR 36,786.45
Accounts receivable
EUR 7,463,561.98
Trade debtors
EUR 5,151,538.75
Amounts
due from related companies EUR 1,546,536.57
Other debtors and assets
EUR 765,486.66
Investments in current assets
EUR 317,920.75
Other investments
EUR 317,920.75
Liquid means
EUR 1,495,932.04
Remaining other assets
EUR 232,616.27
Accruals (assets)
EUR 232,616.27
LIABILITIES EUR 32,008,069.54
Shareholders' equity
EUR 8,296,251.47
Capital
EUR 1,515,000.00
Subscribed capital (share capital)
EUR 1,515,000.00
Balance sheet profit/loss (+/-)
EUR 6,781,251.47
Profit / loss brought forward
EUR 6,427,844.74
Annual surplus / annual deficit
EUR 353,406.73
Provisions
EUR 2,489,200.30
Pension provisions and comparable
provisions
EUR 640,153.00
Provisions for taxes
EUR 92,310.00
Other / unspecified provisions
EUR 1,756,737.30
Liabilities
EUR 21,222,617.77
Financial debts
EUR 8,132,280.80
Liabilities due to banks
EUR 8,132,280.80
Other liabilities
EUR 13,090,336.97
Trade creditors (for IAS incl. bills
of exchange)
EUR 1,559,179.54
Liabilities from received advance
payments
EUR 8,673,816.34
Liabililties due to related companiesEUR 1,360,722.28
Unspecified
other liabilities EUR 1,496,618.81
Profit and loss account (cost-summary method)
according to Comm.
Code
(HGB)
Sales
EUR 38,176,329.27
Inventory change + own costs (+/-)
EUR 3,765,470.00
Inventory change (+/-)
EUR 3,765,470.00
Other operating income
EUR 539,435.79
Cost of materials
EUR 16,942,502.32
Raw materials and supplies, purchased
goods
EUR 12,399,815.75
Purchased services
EUR 4,542,686.57
Gross result (+/-)
EUR 25,538,732.74
Staff expenses
EUR 16,294,760.32
Wages and salaries
EUR 13,542,824.64
Social security contributions and
expenses for pension plans and
benefits
EUR 2,751,935.68
Total depreciation EUR 1,112,582.59
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus.
EUR 1,112,582.59
Other operating expenses
EUR 7,356,016.60
Operating result from continuing
operations
EUR 775,373.23
Result from participating interests
(+/-)
EUR 73,697.39
Expenses / income from participations EUR 73,697.39
Income from related companies
EUR 73,697.39
Interest result (+/-)
EUR -380,280.74
Interest and similar income
EUR 24,299.84
thereof from related companies
EUR 3,240.30
Interest and similar expenses
EUR 404,580.58
Other financial result
EUR -344.10
Depreciation on financial assets and
marketable securities
EUR 344.10
Financial result (+/-)
EUR -306,927.45
Result from ordinary operations (+/-)
EUR 468,445.78
Income tax / refund of income tax (+/-)EUR -85,841.46
Other taxes / refund of taxes
EUR -29,197.59
Tax
(+/-)
EUR -115,039.05
Annual surplus / annual deficit
EUR 353,406.73
Type
of balance
sheet: Company balance sheet
Financial year: 01.01.2008 - 31.12.2008
ASSETS EUR 28,190,088.42
Fixed assets
EUR 10,613,917.81
Intangible assets
EUR 924,270.87
Concessions, licences, rights
EUR 924,270.87
Tangible assets
EUR 9,204,449.58
Land / similar rights
EUR 7,371,711.08
Plant / machinery
EUR 596,450.00
Other
tangible assets / fixtures and
fittings
EUR 1,236,288.50
Financial assets
EUR 485,197.36
Shares in participations /
subsidiaries and the like
EUR 485,197.36
Shares in related companies
EUR 485,197.36
Current assets
EUR 17,363,598.35
Stocks
EUR 7,865,330.24
Raw materials, consumables and
supplies
EUR 3,401,221.49
Finished goods / work in progress
EUR 4,392,168.87
Advance payments made
EUR 51,574.41
Other / unspecified stocks
EUR 20,365.47
Accounts receivable
EUR 8,662,276.08
Trade debtors
EUR 5,899,683.15
Amounts due from related companies
EUR 2,062,926.82
Other debtors and assets
EUR 699,666.11
Investments in current assets
EUR 496,411.64
Other investments
EUR 496,411.64
Liquid means
EUR 339,580.39
Remaining other assets
EUR 212,572.26
Accruals (assets)
EUR 212,572.26
LIABILITIES EUR 28,190,088.42
Shareholders' equity
EUR 8,192,844.74
Capital EUR 1,515,000.00
Subscribed capital (share capital)
EUR 1,515,000.00
Balance sheet profit/loss (+/-)
EUR 6,677,844.74
Profit / loss brought forward
EUR 821,017.15
Annual
surplus / annual deficit EUR 5,856,827.59
Provisions
EUR 2,950,384.01
Pension provisions and comparable
provisions
EUR 605,241.00
Other / unspecified provisions
EUR 2,345,143.01
Liabilities
EUR 17,046,859.67
Financial debts
EUR 8,533,374.51
Liabilities due to banks
EUR 8,533,374.51
Other liabilities
EUR 8,513,485.16
Trade creditors (for IAS incl. bills
of exchange)
EUR 1,996,938.25
Liabilities from received advance
payments
EUR 3,800,815.60
Liabililties due to related companiesEUR 500,000.00
Unspecified other liabilities
EUR 2,215,731.31
Profit and loss account (cost-summary method)
according to Comm.
Code
(HGB)
Sales EUR 46,891,796.43
Inventory change + own costs (+/-)
EUR -635,360.34
Inventory change (+/-)
EUR -635,360.34
Other operating income
EUR 5,601,612.93
Cost of materials
EUR 19,514,029.13
Raw materials and supplies, purchased
goods
EUR 14,242,333.22
Purchased services
EUR 5,271,695.91
Gross result (+/-) EUR 32,344,019.89
Staff expenses
EUR 16,571,262.74
Wages and salaries
EUR 13,678,737.78
Social security contributions and
expenses for pension plans and
benefits EUR 2,892,524.96
Total depreciation
EUR 1,176,892.47
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus.
EUR 1,176,892.47
Other operating expenses
EUR 8,148,582.14
Operating result from continuing
operations
EUR 6,447,282.54
Result from participating interests
(+/-)
EUR 57,080.25
Expenses / income from participations EUR 57,080.25
Income from related companies
EUR 57,080.25
Interest result (+/-)
EUR -312,034.15
Interest and similar income
EUR 53,141.06
Interest and similar expenses
EUR 365,175.21
Other financial result
EUR -9,865.22
Income from securities and loans from
financial assets
EUR 740.78
Depreciation on financial assets and
marketable securities
EUR 10,606.00
Financial result (+/-)
EUR -264,819.12
Result from ordinary operations (+/-)
EUR 6,182,463.42
Income tax / refund of income tax (+/-)EUR -295,086.48
Other taxes / refund of taxes
EUR -30,549.35
Tax
(+/-)
EUR -325,635.83
Annual surplus / annual deficit
EUR 5,856,827.59
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.49.87 |
|
|
1 |
Rs.79.73 |
|
Euro |
1 |
Rs.69.53 |
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.