MIRA INFORM REPORT

 

 

Report Date :           

21.04.2012

 

 

IDENTIFICATION DETAILS

 

Name :

ALUKON GMBH & CO. KG

 

 

Registered Office :

Münchberger Str. 31, D 95176 Konradsreuth

 

 

Country :

Germany

 

 

Date of Incorporation :

22.01.1974

 

 

Com. Reg. No.:

HRA 3906

 

 

Legal Form :

Ltd partnership with priv. ltd. company as general partner

 

 

Line of Business :

Casting of non-ferrous metals

 

 

No. of Employees :

320

 

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 :

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

 

ALUKON GmbH & Co. KG

 

 

Company address

 

Münchberger Str. 31

D 95176 Konradsreuth

Telephone:        09292/950-0

Telefax:             09292/950-298

Homepage:        www.alukon.com

E-mail:              info@alukon.com

 

 

VAT no       

 

DE234479264

 

 

Tax ID number

 

223/150/56008

 

 

CONCLUSION

 

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

 

 

Synthesis

 

LEGAL FORM               Ltd partnership with priv. ltd. company as

                                    general partner

Date of foundation:         22.01.1974

Registered on:               29.03.2004

Register of

companies:                   Local court 95030 Hof

under:                                       HRA 3906

Total cap. contribution:  EUR          5,000,000.00

 

Limited partner

 

ALUKON Holding GmbH

Münchberger Str. 31

D 95176 Konradsreuth

Legal form: Private limited company

Share capital:     EUR          5,000,000.00

Share:             EUR          5,000,000.00

Registered on: 25.06.2004

Reg. data: 95030 Hof, HRB 3742

 

 

General partner

 

ALUKON Management GmbH

Münchberger Str. 31

D 95176 Konradsreuth

Legal form: Private limited company

Share capital:     EUR             25,000.00

Registered on: 05.05.2004

Reg. data: 95030 Hof, HRB 3716

 

 

Shareholder

 

ALUKON Holding GmbH

Münchberger Str. 31

D 95176 Konradsreuth

Legal form: Private limited company

Share capital:     EUR          5,000,000.00

Share:             EUR             25,000.00

Registered on: 25.06.2004

Reg. data: 95030 Hof, HRB 3742

 

 

Manager

 

Klaus Braun

D 33330 Gütersloh

having sole power of representation

born: 10.05.1966

Manager:

Dirk Brandhoff

D 72820 Sonnenbühl

authorized to jointly represent the company

born: 22.02.1961

 

 

Proxy

Markus Kleinlein

D 92715 Püchersreuth

authorized to jointly represent the company

born: 05.06.1967

 

 

BUSINESS ACTIVITIES

 

Secondary industrial sector

24540   Casting of non-ferrous metals

4624    Wholesale of hides, skins and leather

 

 

FINANCIAL INFORMATION

 

Payment experience:     cash discount/within agreed terms

 

Negative information:      We have no negative information at hand.

 

Maximum credit:            > 250,000 EUR

 

 

REAL ESTATE

 

Type of ownership:         Tenant

Address                        Münchberger Straße 31

                                    D 95176 Konradsreuth

 

Land register documents were not available.

 

 

BANKERS

 

UNICREDIT BANK - HYPOVEREINSBANK, HOF, SAALE

Sort. code: 78020070, BIC: HYVEDEMM424

 

COMMERZBANK VORMALS DRESDNER BANK, HOF, SAALE

Sort. code: 76080040, BIC: DRESDEFF760

 

COMMERZBANK HOF SAALE, HOF, SAALE

Sort. code: 78040081, BIC: COBADEFF780

 

UNICREDIT BANK - HYPOVEREINSBANK, SAALFELD /SAALE

Sort. code: 83020088, BIC: HYVEDEMM484

 

 

FINANCIAL FIGURES

 

Financial year:      01.01. - 31.12.

Turnover:            2010               EUR         56,700,000.00

                     2011               EUR         56,800,000.00

further business figures:

Equipment:                              EUR          3,520,000.00

Ac/ts receivable:                       EUR          3,200,000.00

Liabillities:                           EUR          4,000,000.00

Total numbers of vehicles:                                     40

- Lorries:                                                      4

Total value of vehicles:                EUR             40,000.00

- Lorries:                              EUR             40,000.00

Employees:                                                    320

- thereof permanent staff:                                    320

 

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.51.99

UK Pound

1

Rs.83.54

Euro

1

Rs.63.40

 

 

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.