MIRA INFORM REPORT

 

 

Report Date :           

04.04.2012

 

IDENTIFICATION DETAILS

 

Name :

NETZSCH - FEINMAHLTECHNIK GMBH

 

 

Registered Office :

Sedanstr. 70, D 95100 Selb

 

 

Country :

Germany

 

 

Date of Incorporation :

28.11.1974

 

 

Com. Reg. No.:

HRB 451

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Manufacturer of machine tools for processing stones, concrete and othermineral substances

 

 

No. of Employees :

276

 

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

 

Status :

Good

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

 

Netzsch - Feinmahltechnik GmbH

 

 

COMPANY Address

 

Sedanstr. 70

D 95100 Selb

Telephone:        09287/797-0

Telefax:             09287/797-159

Homepage:        www.netzsch-feinmahltechnik.de

E-mail:              info@nft.netzsch.com

 

VAT no.     

 

DE811186572

 

 

Tax ID number

 

258/197/01906

 

 

CONCLUSION

 

The company is considered solvent for credits within its scope of business.

 

 

Synthesis

 

LEGAL FORM               Private limited company

Date of foundation:         1974

Registered on:               28.11.1974

Commercial Register:     Local court 95030 Hof

under:                                       HRB 451

Share capital:                 EUR          8,200,000.00

 

Shareholder

 

Erich Netzsch GmbH & Co. Holding KG

Gebrüder-Netzsch-Str. 19

D 95100 Selb

Legal form: Ltd partnership with priv. ltd.

company as general partner

Total cap.         EUR          5,100,000.00

contribution:

Share:             EUR          8,200,000.00

Registered on: 08.12.1932

Reg. data: 95030 Hof, HRA 404

Profit transfer agreement

 

 

Manager

 

Dimitrios Makrakis

D 95028 Hof

authorized to jointly represent the company

born: 15.04.1970

 

Manager:

Udo Enderle

D 95615 Marktredwitz

born: 05.12.1957

Profession: graduate engineer

 

Manager:

Roland Stöckert

D 95173 Schönwald

authorized to jointly represent the company

born: 10.11.1958

 

 

Proxy

 

Jürgen Baumann

D 95173 Schönwald

having sole power of representation

 

Proxy:

Wolfgang Stadlbauer

D 95199 Thierstein

authorized to jointly represent the company

Proxy:

Gerhard Kolb

D 95111 Rehau

authorized to jointly represent the company

born: 09.01.1957

Profession: graduate engineer

 

 

BUSINESS ACTIVITIES

 

Sectors

28491   Manufacture of machine tools for processing stones, concrete and othermineral substances

28492   Manufacture of machine tools for processing other hard substances

 

 

BRANCHES AND FACTORIES

 

Works:

                     Netzsch - Feinmahltechnik GmbH

                     Mitterteicher Str. 3-7

                     D 95643 Tirschenreuth

                     TEL.: 09631/2344

 

 

PARTICIPATIONS

 

Shareholder:

                     Netzsch Condux Mahltechnik GmbH

                     Gebrüder-Netzsch-Str. 19

                     D 95100 Selb

                     Legal form: Private limited company

                     Company Status: active

                     Share capital:     EUR          2,300,000.00

                     Share:             EUR          2,300,000.00

                     Reg. data:  02.06.1995

                                 Local court 95030 Hof

                                 HRB 2328

 

 

FINANCIAL INFORMATION

 

Payment experience:     within agreed terms

 

Negative information:      We have no negative information at hand.

 

 

REAL ESTATE

 

Type of ownership:   proprietor

Share:                100.00 %

Address              Mitterteicher Str. 3-7

                        D 95643 Tirschenreuth

Size:                 20,046.00 sq.m

 

Type of ownership:   proprietor

Share:                100.00 %

Address              Sedanstr. 70

                        D 95100 Selb

Size:                  4,372.00 sq.m

 

Land register documents were not available.

 

 

BANKERS

 

Principal bank

UNICREDIT BANK - HYPOVEREINSBANK, HOF, SAALE

Sort. code: 78020070, BIC: HYVEDEMM424

 

Further bank

COMMERZBANK HOF SAALE, HOF, SAALE

Sort. code: 78040081, BIC: COBADEFF780

 

 

FINANCIAL FIGURES

 

Financial year:      01.07. - 30.06.

Turnover:            2009/2010          EUR         35,937,000.00

                     2010/2011          EUR         46,297,000.00

further business figures:

Share capital:                          EUR          8,200,000.00

Equipment:                              EUR          1,359,000.00

Ac/ts receivable:                       EUR          5,354,000.00

Liabillities:                           EUR            896,000.00

Real estate of the firm:                EUR          1,901,000.00

Employees:                                                    276

 

Profit transfer agreement to:

Erich Netzsch GmbH & Co. Holding KG

Gebrüder-Netzsch-Str. 19

D 95100 Selb

 

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

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.50.56

UK Pound

1

Rs.81.05

Euro

1

Rs.67.49

 

 

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.