|
Report Date : |
18.08.2012 |
IDENTIFICATION DETAILS
|
Correct Name : |
S.M. TEXTIL GESELLSCHAFT MIT BESCHRÄNKTER
HAFTUNG |
|
|
|
|
Registered Office : |
Robert-Bosch-Str. 5c, D 63303 Dreieich |
|
|
|
|
Country : |
Germany |
|
|
|
|
Financials (as on) : |
31.12.2010 |
|
|
|
|
Date of Incorporation : |
28.09.1984 |
|
|
|
|
Com. Reg. No.: |
HRB 42279 |
|
|
|
|
Legal Form : |
Private Limited Company |
|
|
|
|
Line of Business : |
Wholesaler of clothing and footwear |
|
|
|
|
No. of Employees : |
05 |
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 : |
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 |
S.M. Textil Gesellschaft mit beschränkter Haftung
Company Status: active
Robert-Bosch-Str. 5c
D 63303 Dreieich
Telephone: 06103/378980
Telefax: 06103/35894
Homepage: www.smtextil.de
E-mail: info@smtextil.de
Business relations are permissible.
LEGAL FORM Private limited company
Date of foundation: 28.09.1984
Shareholders'
agreement: 28.09.1984
Registered on: 19.05.2006
Commercial Register: Local
court 63065 Offenbach
under: HRB 42279
Share capital:
EUR 51,129.19
Manish Gupta
Mailänder Str. 9
D 60598 Frankfurt
born: 02.06.1974
Share: EUR 30,677.51
Shareholder:
Chikresh Kumar Gupta
Mailänder Str. 9
D 60598 Frankfurt
born: 23.03.1947
Share: EUR 20,451.68
Manish Gupta
Mailänder Str. 9
D 60598 Frankfurt
having sole power of representation
born: 02.06.1974
Nationality: Indian
Marital status: married
03.12.1984 -
31.12.2001 S.M. Textil Gesellschaft mit
beschränkter Haftung
Zeil 127
D 60313 Frankfurt
Private limited company
01.01.2002 -
31.05.2006 S.M. Textil Gesellschaft mit
beschränkter Haftung
Mailänder Str. 9
D
60598 Frankfurt
Private limited company
01.06.2006 -
31.12.2008 S.M. Textil Gesellschaft mit
beschränkter Haftung
Otto-Hahn-Str. 44a
D
63303 Dreieich
Private limited company
RESIGNED ACTING
PERSONS AND SHAREHOLDERS
24.10.2007 -
05.04.2012 Manager
Chikresh Kumar Gupta
D
60598 Frankfurt
Main industrial
sector
4642 Wholesale of
clothing and footwear
47710 Retail sale of
clothing
Payment experience: within
agreed terms
Negative information: We
have no negative information at hand.
Balance sheet year: 2010
Type of ownership: Tenant
Address Robert-Bosch-Str. 5c
D 63303 Dreieich
Land register documents were not available.
DEUTSCHE BANK, DREIEICH
Sort. code: 50570018, BIC: DEUTDEFF505
Turnover: 2011 EUR 700,000.00
Profit: 2010 EUR -1,195.00
further business figures:
Equipment: EUR 40,000.00
Ac/ts receivable: EUR 537,243.00
Liabilities: EUR 619,414.00
Employees:
5
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 [%]: 25.08
Liquidity ratio: 1.37
Return on total capital [%]: -0.14
Balance sheet ratios 01.01.2009 - 31.12.2009
Equity ratio [%]: 21.93
Liquidity ratio: 1.20
Return on total capital [%]: -0.76
Balance sheet ratios 01.01.2008 - 31.12.2008
Equity ratio [%]: 15.81
Liquidity ratio: 1.16
Return on total capital [%]: 0.60
Balance sheet ratios 01.01.2007 - 31.12.2007
Equity ratio [%]: 15.19
Liquidity ratio: 1.15
Return on total capital [%]: 2.89
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 834,768.39
Fixed assets
EUR 27,530.14
Tangible assets
EUR 15,256.00
Other / unspecified tangible assets
EUR 15,256.00
Financial assets
EUR 12,274.14
Other / unspecified financial assets EUR 12,274.14
Current assets
EUR 807,203.45
Stocks
EUR 42,786.08
Accounts receivable EUR 537,242.99
Other debtors and assets
EUR 537,242.99
Liquid means
EUR 227,174.38
Remaining other assets
EUR 34.80
Accruals (assets)
EUR 34.80
LIABILITIES EUR 834,768.39
Shareholders' equity
EUR 209,354.48
Capital
EUR 51,129.19
Subscribed capital (share capital)
EUR 51,129.19
Balance sheet profit/loss (+/-)
EUR 158,225.29
Profit / loss brought forward
EUR 159,420.27
Annual surplus / annual deficit
EUR -1,194.98
Provisions
EUR 6,000.00
Liabilities
EUR 619,413.91
Other liabilities
EUR 619,413.91
Unspecified other liabilities
EUR 619,413.91
Type
of balance
sheet: Company balance sheet
Financial year: 01.01.2009 - 31.12.2009
ASSETS EUR 960,276.39
Fixed assets EUR 24,052.84
Tangible assets
EUR 13,827.00
Other / unspecified tangible assets
EUR 13,827.00
Financial assets
EUR 10,225.84
Other / unspecified financial assets EUR 10,225.84
Current assets
EUR 935,950.75
Stocks
EUR 83,234.91
Accounts receivable
EUR 648,708.90
Other
debtors and assets EUR 648,708.90
Liquid means
EUR 204,006.94
Remaining other assets
EUR 272.80
Accruals (assets)
EUR 272.80
LIABILITIES EUR 960,276.39
Shareholders' equity
EUR 210,549.46
Capital
EUR 51,129.19
Subscribed capital (share capital)
EUR 51,129.19
Balance sheet profit/loss (+/-)
EUR 159,420.27
Profit / loss brought forward
EUR 166,750.29
Annual surplus / annual deficit
EUR -7,330.02
Provisions EUR 6,000.00
Liabilities
EUR 743,726.93
Other liabilities
EUR 743,726.93
Unspecified other liabilities
EUR 743,726.93
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.