MIRA INFORM REPORT

 

 

Report Date :           

09.09.2011

 

IDENTIFICATION DETAILS

 

Name :

SHW CASTING TECHNOLOGIES GMBH

 

 

Registered Office :

Stiewingstr. 101, D 73433 Aalen

 

 

Country :

Germany

 

 

Date of Incorporation :

08.07.2002

 

 

Com. Reg. No.:

HRB 501454

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Casting of steel

 

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 :

Good

 

 

Payment Behaviour :

Usually Correct 

 

 

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 

 

 Bottom of Form

SHW Casting Technologies GmbH

 

Main address:

Stiewingstr. 101

D 73433 Aalen

Telephone:        07361/3702396

Telefax:             07361/3702487

Homepage:        www.shw-casting-technologies.de

E-mail:              wa-gi.shw@t-online.de

 

 

VAT no.    

 

DE813441380

 

 

CONCLUSION

 

Business relations are permissible. The company is considered solvent for credits within its scope of business.

 

 

Synthesis

 

 LEGAL FORM              Private limited company

 Date of foundation:        2002

 Shareholders'

 agreement:                   10.06.2002

 Registered on:              08.07.2002

 Commercial Register:    Local court 89073 Ulm

 under:                          HRB 501454

Share capital:                 EUR          5,000,000.00

 

 

Shareholder

 

CT GmbH

Wilhelmstr. 67

D 73433 Aalen

Legal form: Private limited company

Share capital:     EUR            106,350.00

Share:             EUR          5,000,000.00

Registered on: 23.05.2005

Reg. data: 89073 Ulm, HRB 501629

Control and profit transfer agreement

 

 

Manager

 

Norbert Gerling

D 61381 Friedrichsdorf

born: 12.07.1957

Marital status: unknown

 

Manager:

Ulrich Severing

Friedhofstr. 14

D 73467 Kirchheim

born: 06.08.1951

Profession: graduate engineer

 

 

Proxy

 

Norbert Lechner

D 73433 Aalen

authorized to jointly represent the company

born: 08.01.1959

 

Further functions/participations of Ulrich Severing (Manager)

 

Shareholder:

                      CT GmbH

                      Wilhelmstr. 67

                      D 73433 Aalen

                      Legal form: Private limited company

                      Share capital:     EUR            106,350.00

                      Share:             EUR             21,050.00

                      Registered

                      on:         23.05.2005

                      Reg. data:  89073 Ulm, HRB 501629

 Manager:

                      CT Immobilien Verwaltung GmbH

                      Wilhelmstr. 67

                      D 73433 Aalen

                      Legal form: Private limited company

                      Share capital:     EUR             25,000.00

                      Registered

                      on:         23.05.2005

                      Reg. data:  89073 Ulm, HRB 501630

 Manager:

                      CT Dienstleistung GmbH

                      Wilhelmstr. 67

                      D 73433 Aalen

                      Legal form: Private limited company

                      Share capital:     EUR             25,000.00

                      Registered

                      on:         04.06.2007

                      Reg. data:  89073 Ulm, HRB 721067

 Manager:

                      CT GmbH

                      Wilhelmstr. 67

                      D 73433 Aalen

                      Legal form: Private limited company

                      Share capital:     EUR            106,350.00

                      Registered

                      on:         23.05.2005

                      Reg. data:  89073 Ulm, HRB 501629

 Manager:

                      Heidenheimer Gießerei Verwaltungs GmbH

                      Alexanderstr. 24

                      D 89522 Heidenheim

                      Legal form: Private limited company

                      Share capital:     EUR             26,000.00

                      Registered

                      on:         21.07.1998

                      Reg. data:  89073 Ulm, HRB 661403

 Manager:

                      Gießerei Kiel GmbH

                      Falckensteiner Str. 2

                      D 24159 Kiel

                      Legal form: Private limited company

                      Share capital:     EUR            100,000.00

                      Registered

                      on:         30.08.2006

                      Reg. data:  24114 Kiel, HRB 8340 KI

 

 

COMPANY HISTORY

 

 01.07.2002 - 2008        SHW Casting Technologies GmbH

                          Wilhelmstr. 67 OT

                          D 73433 Aalen

                          Private limited company

 

 

RESIGNED ACTING PERSONS AND SHAREHOLDERS

 

 02.01.2007 - 29.12.2009  Manager

                          Frank Motte

                          D 70839 Gerlingen

 

 

BUSINESS ACTIVITIES

 

Sectors

 2452   Casting of steel

 

 

BRANCHES AND FACTORIES

 

 Branch:

                      SHW Casting Technologies GmbH -

                      Niederlassung -

                      Wilhelmstr. 67

                      D 73433 Aalen

                      TEL.: 07361/502239

                      FAX.: 07361/502487

 Branch:

                      SHW Casting Technologies GmbH

                      Zweigniederlassung Königsbronn

                      Heidenheimer Str. 1

                      D 89551 Königsbronn

                      Reg. entry: 09.03.2011

 

 

FINANCIAL INFORMATION

 

Payment experience:     within agreed terms

 

Negative information:      We have no negative information at hand.

 

Maximum credit:            > 250,000 EUR

 

REAL ESTATE

 

 Type of ownership:        Tenant

 Address                       Wilhelmstr. 67

                                    D 73433 Aalen

 

 Type of ownership:        Tenant

 Address                       Heidenheimer Str. 1

                                    D 89551 Königsbronn

 

 Type of ownership:        Tenant

 Address                       Stiewingstr. 101

                                    D 73433 Aalen

 

Land register documents were not available.

 

 

BANKERS

 

Principal bank

DEUTSCHE BANK, AALEN, WÜRTT

Sort. code: 61370086, BIC: DEUTDESS613

 

Further bank

BADEN-WÜRTTEMBERGISCHE BANK, STUTTGART

Sort. code: 60020030, BIC: SOLADEST601

 

 

FINANCIAL FIGURES

 

 Financial year:      01.01. - 31.12.

 Share capital:                          EUR          5,000,000.00

 The number of employees is not known.

 

Control and profit transfer agreement to:

 

CT GmbH

Wilhelmstr. 67

D 73433 Aalen

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.46.18

UK Pound

1

Rs.73.65

Euro

1

Rs.64.95

 

 

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.