MIRA INFORM REPORT

 

 

Report Date :

03.09.2011

 

IDENTIFICATION DETAILS

 

Name :

LEMNATEC GMBH LABOR FÜR ELEKTRONISCHE UND MASCHINELLE NATUR-ANALYTIK

 

 

Registered Office :

Schumanstr. 18 D 52146 Würselen

 

 

Country :

Germany

 

 

Financials (as on) :

31.12.2010

 

 

Date of Incorporation :

10.11.1970

 

 

Com. Reg. No.:

HRB 7295

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Manufacture of tools

 

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 :

25,500 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 – 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 and address

 

LemnaTec GmbH Labor für elektronische und maschinelle Natur-Analytik

 

 Company Status:      active

 

 Main address:       

Schumanstr. 18

D 52146 Würselen

Telephone:02405/41260

Telefax:  02405/412626

Homepage: www.lemnatec.de

E-mail:   info@lemnatec.de

 

CONCLUSION

 

 Business relations are permissible.

 

 

Registartion data

 

 LEGAL FORM              Private limited company

 Date of foundation:        10.11.1970

 Shareholders'

 agreement:                   28.12.1971

 Registered on:              10.07.1998

 Commercial Register:    Local court 52070 Aachen

 under:                          HRB 7295

 

 

Share capital                      

 

EUR             30,000.00

 

 

Shareholder

 

Matthias Eberius

Schubertstr. 1a

D 52146 Würselen

born: 22.03.1967

Share:             EUR              7,650.00

 

 

Shareholder:

Dirk Vandenhirtz

Beethovenstr. 11

D 52064 Aachen

born: 28.12.1971

Share:             EUR              7,650.00

 

Shareholder:

S-VC Risikokapital-Fonds für die Regionen

Aachen, Krefeld und Mönchengladbach GmbH

Markt 45-47

D 52062 Aachen

Legal form: Private limited company

Share capital:     EUR         17,500,000.00

Share:             EUR              4,050.00

Registered on: 18.12.1997

Reg. data: 52070 Aachen, HRB 7107

 

Shareholder:

Jörg Vandenhirtz

Vaalser Str. 131

D 52074 Aachen

born: 28.06.1967

Share:             EUR              3,750.00

 

Shareholder:

Ludger Lorenz

Pythagora 1

GR 15129 Athen

born: 16.07.1965

Share:             EUR              1,800.00

 

Shareholder:

Dr. Axel Jung

Teutoburger Str. 21

D 50678 Köln

born: 28.05.1967

Share:             EUR              1,800.00

 

Shareholder:

Hans-Georg Luigs

Kreuzherrenstr. 6

D 52062 Aachen

born: 08.10.1970

Share:             EUR              1,500.00

 

Shareholder:

Markus Alefelder

Hohemarkstr. 150a

D 61440 Oberursel

born: 15.10.1966

Share:             EUR              1,500.00

 

Shareholder:

Prof.Dr. Ingolf Schuphan

Preusweg 108

D 52074 Aachen

born: 25.01.1942

Share:             EUR                300.00

 

Manager:

Matthias Eberius

Schubertstr. 1a

D 52146 Würselen

having sole power of representation

born: 22.03.1967

Profession: Fully qualified chemist

 

Manager:

Dirk Vandenhirtz

Beethovenstr. 11

D 52064 Aachen

born: 28.12.1971

Profession: Fully qualified biologist

 

 

COMPANY HISTORY

 

 28.07.1998 - 20.08.1998  LemnaTec GmbH

                          Dennewartstr. 27

                          D 52068 Aachen

                          Private limited company

 

 

BUSINESS ACTIVITIES

 

 Secondary industrial sector

 2573   Manufacture of tools

 

FINANCIAL INFORMATION

 

 Payment experience:  within agreed terms

 

 Negative information:We have no negative information at hand.

 

 Maximum credit:      25,500 EUR

 

 Balance sheet year:  2010

REAL ESTATE

 

 Type of ownership:   Tenant

 Address              Schumanstr. 18

                      D 52146 Würselen

 

 Land register documents were not available.

 

 

BANKERS

 

 SPARKASSE AACHEN, AACHEN

 Sort. code: 39050000, BIC: AACSDE33XXX

 

 

FINANCIAL FIGURES

 

 Turnover:            2010               EUR          1,500,000.00

 Ac/ts receivable:                       EUR          2,158,247.00

 Liabillities:                           EUR          1,342,730.00

 Employees:                                                     21

 

 The aforementioned business figures may partly be estimated

 information based on average values in the line of business.

 

 

BALANCE SHEETS

 

 Balance sheet ratios 01.01.2010 - 31.12.2010

 Equity ratio [%]:                 31.39

 Liquidity ratio:                   7.19

 Return on total capital [%]:      12.07

 Balance sheet grade:                2.0

 

 Balance sheet ratios 01.01.2009 - 31.12.2009

 Equity ratio [%]:                -10.37

 Liquidity ratio:                  10.00

 Return on total capital [%]:      12.91

 Balance sheet grade:                3.2

 

 Balance sheet ratios 01.01.2008 - 31.12.2008

 Equity ratio [%]:                -35.64

 Liquidity ratio:                   1.40

 Return on total capital [%]:      28.43

 Balance sheet grade:                3.2

 

 

 Balance sheet ratios 01.01.2007 - 31.12.2007

 Equity ratio [%]:               -115.11

 Liquidity ratio:                   0.63

 Return on total capital [%]:       4.19

 Balance sheet grade:                4.0

 

 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:      01.01.2010 - 31.12.2010

 

 ASSETS                                  EUR          3,958,521.53

  Fixed assets                           EUR            120,263.00

   Intangible assets                     EUR             16,253.00

    Other / unspecified intangible assetsEUR             16,253.00

   Tangible assets                       EUR            104,010.00

    Other / unspecified tangible assets  EUR            104,010.00

  Current assets                         EUR          3,797,857.07

   Stocks                                EUR            597,116.23

   Accounts receivable                   EUR          2,158,247.05

    Other debtors and assets             EUR          2,158,247.05

   Liquid means                          EUR          1,042,493.79

  Remaining other assets                 EUR             40,401.46

   Accruals (assets)                     EUR             40,401.46

 

 LIABILITIES                             EUR          3,958,521.53

  Shareholders' equity                   EUR          1,248,223.09

   Capital                               EUR             50,000.00

    Subscribed capital (share capital)   EUR             50,000.00

   Reserves                              EUR          1,000,000.00

    Capital reserves                     EUR          1,000,000.00

   Balance sheet profit/loss (+/-)       EUR            198,223.09

    Profit / loss brought forward        EUR           -278,456.04

    Annual surplus / annual deficit      EUR            476,679.13

  Provisions                             EUR          1,062,770.71

  Liabilities                            EUR          1,342,730.48

   Other liabilities                     EUR          1,342,730.48

    Unspecified other liabilities        EUR          1,342,730.48

  Other liabilities                      EUR            304,797.25

   Deferrals (liabilities)               EUR            304,797.25

 

 Type of balance

 sheet:               Company balance sheet

 

 Financial year:      01.01.2009 - 31.12.2009

 

 ASSETS                                  EUR          2,706,523.40

  Fixed assets                           EUR             73,888.00

   Intangible assets                     EUR             11,796.00

    Other / unspecified intangible assetsEUR             11,796.00

   Tangible assets                       EUR             62,092.00

    Other / unspecified tangible assets  EUR             62,092.00

  Current assets                         EUR          2,364,006.26

   Stocks                                EUR            157,193.42

   Accounts receivable                   EUR            624,034.66

    Other debtors and assets             EUR            624,034.66

   Liquid means                          EUR          1,582,778.18

  Remaining other assets                 EUR            268,629.14

   Accruals (assets)                     EUR             20,173.10

   Deficit not covered by shareholders'

   equity                                EUR            248,456.04

 

 LIABILITIES                             EUR          2,706,523.40

  Shareholders' equity                   EUR                  0.00

   Capital                               EUR             30,000.00

    Subscribed capital (share capital)   EUR             30,000.00

   Balance sheet profit/loss (+/-)       EUR           -278,456.04

    Profit / loss brought forward        EUR           -595,037.84

    Annual surplus / annual deficit      EUR            316,581.80

   Other shareholders' equity (+/-)      EUR            248,456.04

    Deficit not covered by shareholders'

    equity                               EUR            248,456.04

  Items between shareholders' equity and

  debt capital                           EUR            973,850.57

   Mezzanine financing                   EUR            973,850.57

    Contributions of silent partners     EUR            973,850.57

  Provisions                             EUR            226,298.27

  Liabilities                            EUR          1,278,696.36

   Other liabilities                     EUR          1,278,696.36

    Unspecified other liabilities        EUR          1,278,696.36

  Other liabilities                      EUR            227,678.20

   Deferrals (liabilities)               EUR            227,678.20

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.45.89

UK Pound

1

Rs.74.31

Euro

1

Rs.65.41

 

 

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.