MIRA INFORM REPORT

 

 

Report Date :           

31.10.2011

 

IDENTIFICATION DETAILS

 

Name :

J. KAULHAUSEN & SOHN INH. HELMUT KRÄMER E.K.

 

 

Registered Office :

Kambachstr. 12, D 52249 Eschweiler

 

 

Country :

Germany

 

 

Date of Incorporation :

25.09.1964

 

 

Com. Reg. No.:

HRA 5789

 

 

Legal Form :

Sole Proprietorship

 

 

Line of Business :

Tanning and dressing of leather; dressing and dyeing of  fur

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Maximum Credit Limit :

2,500 EUR

 

 

Status :

Moderate

 

 

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 

 

J. Kaulhausen & Sohn Inh.: Helmut Krämer e.K.

 

 

Main address:      

Kambachstr. 12

D 52249 Eschweiler

Telephone:02403/7879-0

Telefax:  02403/7879-13

Homepage: www.jks-spinning.de

E-mail:   info@jks-spinning.de

 

 

VAT no         

 

DE121799799

 

 

CONCLUSION

 

Business relations are permissible.

 

 

Synthesis

 

LEGAL FORM               Sole proprietorship

Date of foundation:         1842

Registered on:               25.09.1964

Register of

companies:                   Local court 52070 Aachen

under:                                       HRA 5789

 

 

Proprietor

 

Helmut Krämer

Kambachstr. 12

D 52249 Eschweiler

born: 1942

 

 

BUSINESS ACTIVITIES

 

Sectors

15110   Tanning and dressing of leather; dressing and dyeing of  fur

 

 

FINANCIAL INFORMATION

 

 Probability of                4.0 %   The risk of default is the

 default for the                probability with which a company in

 company:                                 Germany will show payment defaults

                                     within a period of 12 months. The

                                    non-payment risk is assessed as

                                    above average.

 

 Payment experience:    could not be obtained

 

 Negative information:     We have no negative information at hand.

 

 Maximum credit:           2,500 EUR

 

 

REAL ESTATE

 

 Type of ownership:        Tenant

 Address                       Kambachstr. 12

                                    D 52249 Eschweiler

 

Land register documents were not available.

 

 

BANKERS

 

DEUTSCHE BANK, AACHEN

Sort. code: 39070020, Account no.: 1344456, BIC: DEUTDEDK390

 

VR-BANK, ESCHWEILER, RHEINL

Sort. code: 39162980, BIC: GENODED1WUR

 

 

FINANCIAL FIGURES

 

Financial year:      01.01. - 31.12.

The number of employees is not known.

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.48.82

UK Pound

1

Rs.78.57

Euro

1

Rs.69.29

 

 

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.