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Report Date : |
18.08.2012 |
IDENTIFICATION DETAILS
|
Name : |
BILCARE GMBH |
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|
|
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Registered Office : |
Radebeulstr. 1, D 79219 Staufen |
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|
|
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Country : |
Germany |
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|
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Financials (as on) : |
31.12.2010 |
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Date of Incorporation : |
17.06.2003 |
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|
|
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Com. Reg. No.: |
HRB 708433 |
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|
|
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Legal Form : |
Private Limited Company |
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|
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Line of Business : |
Manufacturer of plastic packing goods |
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|
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No. of Employees : |
02 |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Status : |
Moderate |
|
Payment Behaviour : |
Slow |
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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 |
Bilcare GmbH
Radebeulstr. 1
D 79219 Staufen
Homepage: www.bilcare.com
Company Status: active
Business relations are permissible.
LEGAL FORM Private limited company
Date of foundation: 17.06.2003
Shareholders'
agreement: 17.06.2003
Registered on: 29.05.2012
Commercial Register: Local
court 79098 Freiburg
under: HRB 708433
Share capital:
EUR 25,000.00
Bilcare Ltd.
IND Pune
Legal form: Other legal form
Share: EUR 25,000.00
Mohan Bhandari
IND Pune
having sole power of representation
born: 14.11.1959
Nationality: Indian
Dr. Volker Hülck
D 65779 Kelkheim
authorized to jointly represent the company
born: 19.01.1940
Further functions/participations of Mohan Bhandari (Manager)
Manager:
Bilcare Germany Management GmbH
Radebeulstr. 1
D
79219 Staufen
Legal
form: Private limited company
Share
capital: EUR 25,000.00
Registered
on: 16.08.2010
Reg.
data: 79098 Freiburg, HRB 705686
17.06.2003 -
24.07.2005 Pharmazeutische Verpackungen
Bilcare
Europe GmbH
Neue Heimat 20
D 65779 Kelkheim
Private limited company
25.07.2005 -
29.05.2012 Bilcare GmbH
Industriepark Höchst 840
D
65926 Frankfurt
Private
limited company
Main industrial
sector
22220 Manufacture of
plastic packing goods
Secondary
industrial sector
46693 Wholesale of other
equipment and accessories for machinery
and technical supplies
96090 Other service
activities n. e. c.
Payment experience: within
periods customary in this trade
Negative information: We
have no negative information at hand.
Balance sheet year: 2010
Type of ownership: Tenant
Address Radebeulstr.
1
D 79219 Staufen
Land register documents were not available.
A bank connection is unknown.
Profit: 2010 EUR -715,736.00
Equipment: EUR 16,500.00
Ac/ts receivable: EUR 678,902.00
Liabilities: EUR 726,489.00
Employees:
2
The aforementioned business figures may partly be estimated
information based on average values in the line of business.
Balance sheet ratios 01.01.2010 - 31.12.2010
Equity ratio [%]: 60.41
Liquidity ratio: 1.39
Return on total capital [%]: -48.30
Balance sheet ratios 01.01.2009 - 31.12.2009
Equity ratio [%]: 42.00
Liquidity ratio: 1.08
Return on total capital [%]: -39.81
Balance
sheet ratios 01.01.2008 - 31.12.2008
Equity ratio [%]: 28.96
Liquidity ratio: 1.35
Return on total capital [%]: -9.88
Balance sheet grade: 3.7
Balance sheet ratios 01.01.2007 - 31.12.2007
Equity ratio [%]: 13.76
Liquidity ratio: 1.14
Return on total capital [%]: 4.93
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.
Type
of balance
sheet: Company balance sheet
Financial year: 01.01.2010 - 31.12.2010
ASSETS EUR 1,481,702.16
Fixed assets
EUR 8,010.00
Tangible assets
EUR 8,010.00
Other / unspecified tangible assets
EUR 8,010.00
Current assets
EUR 1,473,692.16
Stocks
EUR 703,922.00
Accounts receivable
EUR 678,902.44
Other debtors and assets
EUR 678,902.44
Liquid means
EUR 90,867.72
LIABILITIES EUR 1,481,702.16
Shareholders' equity
EUR 748,912.95
Capital
EUR 25,000.00
Subscribed capital (share capital)
EUR 25,000.00
Reserves EUR 2,687,681.28
Capital reserves
EUR 2,687,681.28
Balance sheet profit/loss (+/-)
EUR -1,963,768.33
Profit / loss brought forward
EUR -1,248,032.55
Annual surplus / annual deficit
EUR -715,735.78
Provisions
EUR 6,300.00
Liabilities
EUR 726,489.21
Other liabilities
EUR 726,489.21
Unspecified other liabilities
EUR 726,489.21
Type
of balance
sheet: Company balance sheet
Financial year: 01.01.2009 - 31.12.2009
ASSETS EUR 1,092,264.00
Fixed
assets EUR 10,636.00
Tangible assets
EUR 10,636.00
Other / unspecified tangible assets
EUR 10,636.00
Current assets
EUR 1,081,628.00
Stocks
EUR 414,693.00
Accounts receivable
EUR 549,599.22
Other debtors and assets
EUR 549,599.22
Liquid means
EUR 117,335.78
LIABILITIES EUR 1,092,264.00
Shareholders' equity
EUR 410,648.73
Capital
EUR 25,000.00
Subscribed capital (share capital)
EUR 25,000.00
Reserves
EUR 1,633,681.28
Capital reserves
EUR 1,633,681.28
Balance sheet profit/loss (+/-)
EUR -1,248,032.55
Profit / loss brought forward
EUR -813,179.24
Annual surplus / annual deficit
EUR -434,853.31
Provisions
EUR 6,800.00
Liabilities
EUR 674,815.27
thereof total due to shareholders
EUR 48,130.19
Other liabilities
EUR 674,815.27
Unspecified other liabilities
EUR 674,815.27
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.70 |
|
UK Pound |
1 |
Rs.87.55 |
|
Euro |
1 |
Rs.68.85 |
INFORMATION DETAILS
|
Report Prepared
by : |
MNL |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.