MIRA INFORM REPORT
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Report Date : |
07.02.2012 |
IDENTIFICATION DETAILS
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Name : |
DIAMANTRA GMBH |
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Registered Office : |
Hirschstr. 29, D 70173 Stuttgart |
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Country : |
Germany |
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Financials (as on) : |
31.12.2010 |
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Date of Incorporation : |
24.04.2006 |
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Com. Reg. No.: |
HRB 721297 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
Manufacture of jewelry and related articles (except imitation
jewelry) |
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No. of Employees
: |
03 |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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Payment
Behaviour : |
No Complaints |
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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 – September 30th, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
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Germany |
a1 |
a1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
Company name
Diamantra GmbH
Company address
Hirschstr. 29
D 70173 Stuttgart
Telephone: 0711/6938242
Telefax: 0711/6938244
Homepage: www.diamantra.com
E-mail: de@diamantra.com
CONCLUSION
Business relations are permissible.
Synthesis
LEGAL FORM Private limited company
Date of foundation: 24.04.2006
Shareholders'
agreement: 24.04.2006
Registered on: 11.10.2006
Commercial Register: Local
court 70190 Stuttgart
under: HRB 721297
Share capital: EUR 25,000.00
Shareholder
Nirav Paresh Mehta
IND Mumbai
born: 05.12.1978
Share: EUR 25,000.00
Manager
Nirav Paresh Mehta
IND Mumbai
having sole power of representation
born: 05.12.1978
Nationality: Indian
Manager:
Amit Khemani
IND Mumbai
born: 24.07.1973
Nationality: Indian
COMPANY HISTORY
24.04.2006 -
21.06.2006 Diamantra GmbH
Südliche
Auffahrtsallee 29
D 80639 München
Private limited
company
11.10.2006 -
11.10.2006 Diamantra GmbH
D 70188 Stuttgart
Private limited
company
BUSINESS ACTIVITIES
Sectors
32120 Manufacture of
jewelry and related articles (except imitation jewelry)
96090 Other service
activities n. e. c.
FINANCIAL INFORMATION
Payment experience: within
periods customary in this trade
Negative information: We
have no negative information at hand.
Balance sheet year: 2010
REAL ESTATE
Type of ownership: Tenant
Address Hirschstr.
29
D 70173 Stuttgart
Land register documents were not available.
BANKERS
DEUTSCHE BANK, STUTTGART
Sort. code: 60070070, BIC: DEUTDESSXXX
FINANCIAL FIGURES
Profit: 2010 EUR 25,544.00
Ac/ts receivable: EUR 311,924.00
Liabillities: EUR 1,065,386.00
Employees:
3
The aforementioned business figures may partly be estimated
information based on average values in the line of business.
BALANCE SHEETS
Balance sheet ratios 01.01.2010 - 31.12.2010
Equity ratio [%]: 15.34
Liquidity ratio: 0.43
Return on total capital [%]: 2.28
Balance sheet ratios 01.01.2009 - 31.12.2009
Equity ratio [%]: 21.54
Liquidity ratio: 0.65
Return on total capital [%]: 8.92
Balance sheet ratios 01.01.2008 - 31.12.2008
Equity ratio [%]: 18.90
Liquidity ratio: 0.25
Return on total capital [%]: -3.15
Balance sheet ratios 01.01.2007 - 31.12.2007
Equity ratio [%]: 17.37
Liquidity ratio: 0.22
Return on total capital [%]: -0.53
Balance sheet grade: 3.7
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.
Balance
sheet grade
The balance sheet
grade is based on the following ratios: equity ratio, liquidity ratio and
return on total capital from the balance sheets published in the Federal
Gazette.
Type
of balance
sheet: Company balance sheet
Financial year: 01.01.2010 - 31.12.2010
ASSETS EUR 1,125,473.89
Fixed assets
EUR 27,768.00
Tangible assets
EUR 27,768.00
Other / unspecified tangible assets
EUR 27,768.00
Current assets
EUR 1,097,705.89
Stocks
EUR 570,000.00
Accounts receivable
EUR 311,924.43
Other debtors and assets
EUR 311,924.43
Liquid means
EUR 215,781.46
LIABILITIES EUR 1,125,473.89
Shareholders' equity
EUR 52,627.75
Capital
EUR 25,000.00
Subscribed capital (share capital)
EUR 25,000.00
Balance sheet profit/loss (+/-)
EUR 27,627.75
Profit / loss brought forward
EUR 2,083.84
Annual surplus / annual deficit
EUR 25,543.91
Provisions
EUR 7,460.00
Liabilities
EUR 1,065,386.14
Other liabilities
EUR 1,065,386.14
Unspecified other liabilities
EUR 1,065,386.14
Type
of balance
sheet: Company balance sheet
Financial year: 01.01.2009 - 31.12.2009
ASSETS EUR 604,174.04
Fixed assets
EUR 22,734.00
Tangible assets
EUR 22,734.00
Other / unspecified tangible assets
EUR 22,734.00
Current assets
EUR 579,271.19
Stocks
EUR 217,988.18
Accounts receivable
EUR 199,871.77
Other debtors and assets
EUR 199,871.77
Liquid means EUR 161,411.24
Remaining other assets
EUR 2,168.85
Accruals (assets)
EUR 2,168.85
LIABILITIES EUR 604,174.04
Shareholders' equity
EUR 27,083.84
Capital
EUR 25,000.00
Subscribed capital (share capital)
EUR 25,000.00
Balance sheet profit/loss (+/-)
EUR 2,083.84
Profit / loss brought forward
EUR -51,712.72
Annual surplus / annual deficit
EUR 53,796.56
Provisions
EUR 5,833.85
Liabilities
EUR 571,256.35
Other liabilities
EUR 571,256.35
Unspecified other liabilities EUR 571,256.35
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.48.68 |
|
UK Pound |
1 |
Rs.76.75 |
|
Euro |
1 |
Rs.63.57 |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
|
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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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 |
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NB |
New Business |
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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.