MIRA INFORM REPORT

 

 

Report Date :

02.02.2012

 

IDENTIFICATION DETAILS

 

Name :

CEMECON AG

 

 

Registered Office :

Adenauerstr. 20 A4 D 52146 Würselen

 

 

Country :

Germany

 

 

Year of Establishment :

1988

 

 

Com. Reg. No.:

HRB 8716

 

 

Legal Form :

Public Limited Company

 

 

Line of Business :

Treatment and coating of metals

 

 

No. of Employees :

150

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ca

 

RATING

STATUS

PROPOSED CREDIT LINE

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

 

Status :

Moderate

Payment Behaviour :

Unknown

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 30, 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 and address

 

CemeCon AG

 

Company Status:      active

 

Adenauerstr. 20 A4

D 52146 Würselen

Telephone:02405/4470-100

Telefax:  02405/4470-399

Homepage: www.cemecon.de

E-mail:   info@cemecon.de

 

 

VAT no.          

DE121679182

 

Tax ID number     

 

202/5822/0509

 

CONCLUSION

 

 We cannot give an opinion as to the granting of a credit in this

 particular case. Business relations require suitable securities.

 

 

Registartion data

 

 LEGAL FORM               Public limited company

 Date of foundation:        1988

 Registered on:              19.12.2001

 Commercial Register:    Local court 52070 Aachen

 under:                          HRB 8716

 

 

Share capital                        

 

EUR          3,500,000.00

 

Member of the Board of Directors

 

Dr.-Ing. Antonius Leyendecker

Römerstr. 69

D 52134 Herzogenrath

having sole power of representation

born: 03.03.1957

Profession: Engineer

Marital status: married

 

Member of the Board of Directors:

Dr. Oliver Lemmer

D 52066 Aachen

having sole power of representation

born: 20.08.1960

Profession: Engineer

 

President of the Supervisory Board:

Prof.Dr.Techn. Erich Lugscheider

Steppenbergallee 201

D 52074 Aachen

born: 03.01.1940

Marital status: married

 

Member of the Supervisory Board:

Günter Pache

Peter-Janssen-Str. 40

D 40237 Düsseldorf

born: 22.10.1942

Profession: Businessman

Marital status: married

 

Member of the Supervisory Board:

Dr.-Ing. Eduard Lenz

D 10115 Berlin

 

 

Further functions/participations of Dr.-Ing. Antonius Leyendecker

(Member of the Board of Directors)

 

Shareholder:

Dr.-Ing. Leyendecker Beteiligungs-GmbH

Römerstr. 69

D 52134 Herzogenrath

Legal form: Private limited company

Share capital:     EUR             45,000.00

Share:             EUR             45,000.00

Registeredon:         21.12.2005

Reg. data:  52070 Aachen, HRB 13374

 

Shareholder:

Dr.-Ing. Leyendecker Holding II GmbH

Römerstr. 69

D 52134 Herzogenrath

Legal form: Private limited company

Share capital:     EUR             25,200.00

Share:             EUR             25,200.00

Registeredon:         03.08.2006

Reg. data:  52070 Aachen, HRB 13770

 

Manager:

Dr.-Ing. Leyendecker Beteiligungs-GmbH

Römerstr. 69

D 52134 Herzogenrath

Legal form: Private limited company

Share capital:     EUR             45,000.00

Registeredon:         21.12.2005

Reg. data:  52070 Aachen, HRB 13374

 

Manager:

Dr.-Ing. Leyendecker Holding II GmbH

Römerstr. 69

D 52134 Herzogenrath

Legal form: Private limited company

Share capital:     EUR             25,200.00

Registeredon:         03.08.2006

Reg. data:  52070 Aachen, HRB 13770

 

 

COMPANY HISTORY

 

 17.09.1998 - 20.09.1999  CemeCon-Ceramic Metal Coatings Dr. Ing.

                          Antonius Leyendecker GmbH

                          Talbotstr. 21

                          D 52068 Aachen

                          Private limited company

 25.02.2000 - 19.12.2001  CemeCon-Ceramic Metal Coatings Dr. Ing.

                          Antonius Leyendecker GmbH

                          Adenauerstr. 20b

                          D 52146 Würselen

                          Private limited company

 19.12.2001 - 26.06.2003  CemeCon AG

                          Adenauerstr. 20

                          D 52146 Würselen

                          Public limited company

 26.06.2003 - 03.03.2006  CemeCon AG

                          Adenauerstr. 20 B1

                          D 52146 Würselen

                          Public limited company

 

 

BUSINESS ACTIVITIES

 

Sectors

 2561    Treatment and coating of metals

2899    Manufacture of other special-purpose machinery n.e.c.

72190   Other research and experimental development on natural

 sciences and engineering

96090   Other service activities n. e. c.

 

FINANCIAL INFORMATION

 

 Payment experience:  could not be obtained

 

 Negative information:Negative information is known to us.

 

 Insolvency Proceedings

 

 Local court              :       52070 Aachen

 

 Insolvency administrator :       Thomas Georg

                                  Jülicher Str. 116

                                  D 52070 Aachen

 

 Preliminary insolvency

 adminstrator             :       No

 

 File No                  :       92 IN 194/09

 Application        of :       19.06.2009

 

 Restraint on alienation

 - passed              on :       19.06.2009

 

 Order of institution  of :       01.09.2009

 Claims to be filed    by :       20.10.2009

 Creditors' meeting

 - Date for pres. of

   report              on :       09.11.2009

 - Date of hearing     on :       09.05.2011

 

 Insolvency proceedings

 revoked               on :       31.05.2011

 

 Insolvency plan

 - Debate / Voting     on :       09.05.2011

 - Surveillance

   proceedings ordered  on:       22.02.2011

 

 

REAL ESTATE

 

 Type of ownership:   unknown

 Address              Adenauerstr. 20 A4

                      D 52146 Würselen

 

 Real Estate of:      Dr.-Ing. Antonius Leyendecker

 Type of ownership:   unknown

 Address              Römerstr. 69

                      D 52134 Herzogenrath

 

 Land register documents were not available.

 

 

BANKERS

 

SPARKASSE AACHEN, AACHEN

 Sort. code: 39050000, Account no.: 21105, BIC: AACSDE33XXX

 DEUTSCHE BANK, AACHEN

 Sort. code: 39070020, Account no.: 1015510, BIC: DEUTDEDK390

 COMMERZBANK VORMALS DRESDNER BANK, AACHEN

 Sort. code: 39080005, Account no.: 0221444100, BIC: DRESDEFF390

 POSTBANK, KÖLN

 Sort. code: 37010050, Account no.: 0104022502, BIC: PBNKDEFF370

 

 

FINANCIAL FIGURES

 

Financial year:      01.01. - 31.12.

 Turnover:            2011               EUR         38,000,000.00

 Equipment:                              EUR          2,784,000.00

 Ac/ts receivable:                       EUR          4,623,000.00

 Liabillities:                           EUR         20,183,000.00

 Employees:                                                    150

 

 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.49.53

UK Pound

1

Rs.77.95

Euro

1

Rs.64.66

 

 

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.