MIRA INFORM REPORT

 

 

Report Date :

11.04.2012

 

IDENTIFICATION DETAILS

 

Name :

INSTITUT DR. FOERSTER GMBH & CO. KG

 

 

Registered Office :

In Laisen 70 D 72766 Reutlingen Post Box: 15 64, D 72705 Reutlingen

 

 

Country :

Germany

 

 

Date of Incorporation :

May 1948

 

 

Com. Reg. No.:

HRA 350774

 

 

Legal Form :

Ltd partnership with priv. ltd. company as general partner

 

 

Line of Business :

Manufacture of instruments and appliances for measuring, testing and navigation

 

 

No. of Employees :

264

 

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 :

250,000 EUR

Status :

Satisfactory

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, 2012

 

Country Name

Previous Rating

                   (31.12.2011)                  

Current Rating

(31.03.2012)

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

 

Institut Dr. Foerster GmbH & Co. KG

 

 

company address

 

In Laisen 70

D 72766 Reutlingen

Post Box:

15 64, D 72705 Reutlingen

Telephone:07121/140-0

Telefax:  07121/140-408

Homepage: www.foerstergroup.de

E-mail:   info@foerstergroup.de

 

 

VAT no.        

 

DE146463901

 

 

CONCLUSION

 

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

 

 

Registration data

 

LEGAL FORM               Ltd partnership with priv. ltd. company as

                                    general partner

Date of foundation:         05.1948

Registered on:               15.03.1955

Register of

companies:                    Local court 70190 Stuttgart

under:                                       HRA 350774

 

 

Total cap. contribution               

 

EUR          4,500,000.00

 

Limited partner

 

Felix Martin Imanuel Förster

D 72766 Reutlingen

born: 09.08.1973

Share:             EUR          3,961,350.00

 

Limited partner:

Anna Julia Förster

D 72766 Reutlingen

Share:             EUR            538,650.00

 

 

General partner

 

Institut Dr.

Foerster-Verwaltungsgesellschaft mit

beschränkter Haftung

In Laisen 70

D 72766 Reutlingen

Post Box:

15 64, D 72705 Reutlingen

Legal form: Private limited company

Share capital:     EUR          1,084,000.00

Registered on: 13.04.1970

Reg. data: 70190 Stuttgart, HRB 350328

 

 

Shareholder

 

Felix Martin Imanuel Förster

D 72766 Reutlingen

born: 09.08.1973

Share:             EUR          1,084,000.00

 

 

Manager

 

Felix Martin Imanuel Förster

D 72766 Reutlingen

having sole power of representation

born: 09.08.1973

 

Proxy

 

Gabriele Geissler

D 72406 Bisingen

authorized to jointly represent the company

born: 25.12.1968

née: Paskowski

 

 

General partner

 

Verena Förster

D 72793 Pfullingen

born: 30.08.1939

 

 

General partner:

Institut Dr. Foerster Geschäftsführungs GmbH

In Laisen 70

D 72766 Reutlingen

Legal form: Private limited company

Share capital:     EUR             25,000.00

Registered on: 03.05.2011

Reg. data: 70190 Stuttgart, HRB 737381

 

 

Shareholder

 

Felix Martin Imanuel Förster

D 72766 Reutlingen

born: 09.08.1973

Share:             EUR             25,000.00

 

 

Manager

 

Thomas Himmler

Kugelwasen 17

D 72348 Rosenfeld

having sole power of representation

born: 13.10.1959

Profession: graduate engineer

Marital status: married

 

Manager:

Felix Martin Imanuel Förster

D 72766 Reutlingen

having sole power of representation

born: 09.08.1973

 

Manager:

Dr. Jürgen Schröder

D 72766 Reutlingen

having sole power of representation

born: 29.11.1957

Marital status: married

 

 

Proxy

 

Dietmar Schweiger

D 72124 Pliezhausen

born: 27.02.1960

 

Proxy:

Gabriele Geissler

D 72406 Bisingen

authorized to jointly represent the company

born: 25.12.1968

née: Paskowski

 

Proxy:

Dirk Heimann

D 73033 Göppingen

authorized to jointly represent the company

born: 15.08.1967

 

FURTHER FUNCTIONS/PARTICIPATIONS OF INSTITUT DR.

FOERSTER-VERWALTUNGSGESELLSCHAFT MIT BESCHRÄNKTER HAFTUNG

 

(General partner)

 

Shareholder:

Magnetische Prüfanlagen Gesellschaft mit

beschränkter Haftung

In Laisen 65

D 72766 Reutlingen

Legal form: Private limited company

Share capital:     EUR            103,000.00

Share:             EUR            103,000.00

Registered

on:         04.03.1971

Reg. data:  70190 Stuttgart, HRB 350369

 

 

COMPANY HISTORY

 

01.05.1948 - 01.01.2004  Institut Dr. Friedrich Förster

                         Prüfgerätebau GmbH & Co. KG

                         In Laisen 70

                         D 72766 Reutlingen

                         Ltd partnership with priv. ltd. company

                         as general partner

01.01.2004 - 2004        Institut Dr. Foerster GmbH & Co. KG

                         In Laisen 70

                         D 72766 Reutlingen

                         Ltd partnership with priv. ltd. company

                         as general partner

 

 

BUSINESS ACTIVITIES

 

Secondary industrial sector

26512   Manufacture of instruments and appliances for measuring, testing and navigation

 

 

BRANCHES AND FACTORIES

 

Branch:

Institut Dr. Foerster GmbH & Co. KG

Joseph-von-Fraunhofer-Str. 15

D 44227 Dortmund

TEL.: 0231/9750490

 

 

FINANCIAL INFORMATION

 

Payment experience:  in top condition

 

Negative information:We have no negative information at hand.

 

Maximum credit:      > 250,000 EUR

 

 

REAL ESTATE

 

Type of ownership:   proprietor

Share:                100.00 %

Address              In Laisen 70

                     D 72766 Reutlingen

 

Type of ownership:   proprietor

Share:                100.00 %

Address              In Laisen 67

                     D 72766 Reutlingen

 

Type of ownership:   proprietor

Share:                100.00 %

Address              In Laisen 69

                     D 72766 Reutlingen

 

Real Estate of:      Institut Dr.

                     Foerster-Verwaltungsgesellschaft mit

                     beschränkter Haftung

Type of ownership:   Tenant

Address              In Laisen 70

                     D 72766 Reutlingen

 

Real Estate of:      Institut Dr. Foerster Geschäftsführungs GmbH

Type of ownership:   Tenant

Address              In Laisen 70

                     D 72766 Reutlingen

 

Land register documents were not available.

 

 

BANKERS

 

LANDESBANK BADEN-WÜRTTEMBERG/BADEN-WÜRTTEMBERGISCHE BANK,

STUTTGART

Sort. code: 60050101, Account no.: 4605346, BIC: SOLADEST600

KREISSPARKASSE REUTLINGEN, REUTLINGEN

Sort. code: 64050000, Account no.: 42422, BIC: SOLADES1REU

POSTBANK, STUTTGART

Sort. code: 60010070, Account no.: 25243-709, BIC: PBNKDEFF600

 

 

FINANCIAL FIGURES

 

Financial year:      01.01. - 31.12.

Turnover:            2010               EUR        100,000,000.00

Employees:                                                    264

- Trainees:                                                     5

 

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.51.20

UK Pound

1

Rs.81.50

Euro

1

Rs.67.15

 

 

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.