MIRA INFORM REPORT
|
Report Date : |
08.02.2012 |
Company name and address
Coiltec Maschinenvertriebs GmbH
Company Status: active
Silberkaute 4
D 57258
Freudenberg
Telephone:02734/271190
Telefax: 02734/578457
Homepage: www.coiltec.de
E-mail: coiltec@t-online.de
CONCLUSION
Business relations are
permissible.
LEGAL FORM Private limited company
Date of foundation: 05.10.1992
Shareholders'
agreement: 05.10.1992
Registered on: 09.11.1992
Commercial Register: Local
court 57072 Siegen
under: HRB 3993
Share capital: EUR 30,677.52
Shareholder
Klaus Lingemann
Hauptstr. 27
D 51598 Friesenhagen
Share: EUR 20,451.68
Shareholder
Martha von Alt
Am Berndebach 35b
D 57439 Attendorn
born: 21.10.1934
née: Hölscher
Share: EUR 10,225.84
Manager
Klaus Lingemann
Hauptstr. 27
D 51598 Friesenhagen
having sole power of representation
Marital status: married
Proxy
Alexandra Lingemann
Hauptstr. 27
D 51598 Friesenhagen
authorized to jointly represent the company
née: Berghaus
Marital status: married
Further functions/participations of Klaus
Lingemann (Manager)
Proprietor:
Klaus Lingemann
Silberkaute 4
D 57258 Freudenberg
Legal form: Unregistered commercial
enterprise
COMPANY HISTORY
05.10.1992 - 1996 Coiltec Maschinenvertriebs GmbH
Eiserntalstr. 170
D
57080 Siegen
Private limited company
1996 - 31.12.1999 Sitzverlegung nach
Bahnhofstr. 7
D
57258 Freudenberg
Private limited company
01.01.2000 -
02.01.2000 Sitzverlegung nach
Silberkaute 4
D
57258 Freudenberg
Private limited company
BUSINESS ACTIVITIES
Sectors
28290 Manufacture of other general-purpose
machinery
FINANCIAL INFORMATION
Payment experience: taking
full advantage of periods as agreed
upon
Negative information:We
have no negative information at hand.
Maximum credit: 5,000 EUR
Balance sheet year: 2010
REAL ESTATE
Type of ownership: Tenant
Address Silberkaute 5
D
57258 Freudenberg
Real Estate of: Klaus Lingemann
Type of ownership: proprietor
Share: 100.00 %
Address Hauptstr. 27
D 51598 Friesenhagen
Land register documents
were not available.
BANKERS
COMMERZBANK VORMALS
DRESDNER BANK, SIEGEN
Sort. code: 46080010, BIC:
DRESDEFF460
VR-BANK
FREUDENBERG-NIEDERFISCHBACH, FREUDENBERG, WESTF
Sort. code: 46061724, BIC:
GENODEM1FRF
FINANCIAL FIGURES
Turnover: 2010 EUR 2,000,000.00
Ac/ts receivable: EUR 839,977.00
Liabillities: EUR 3,965,291.00
Employees: 14
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 [%]: -11.67
Liquidity ratio: 0.14
Return on total capital [%]: 3.38
Balance sheet ratios 01.01.2009 - 31.12.2009
Equity ratio [%]: -14.11
Liquidity ratio: 0.05
Return on total capital [%]: -27.85
Balance sheet ratios 01.01.2008 - 31.12.2008
Equity ratio [%]: 16.73
Liquidity ratio: 0.28
Return on total capital [%]: 0.20
Balance sheet ratios 01.01.2007 - 31.12.2007
Equity ratio [%]: 20.00
Liquidity ratio: 0.13
Return on total capital [%]: 4.00
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 4,221,318.52
Fixed assets
EUR 238,743.61
Intangible assets
EUR 1.00
Other / unspecified intangible assetsEUR 1.00
Tangible assets
EUR 101,656.36
Other / unspecified tangible assets
EUR 101,656.36
Financial assets
EUR 137,086.25
Other / unspecified financial assets EUR 137,086.25
Current assets
EUR 3,802,493.45
Stocks
EUR 2,962,516.61
Accounts receivable EUR 839,976.84
Other debtors and assets
EUR 839,976.84
Remaining other assets
EUR 180,081.46
Accruals (assets)
EUR 16,650.07
Deficit not covered by shareholders'
equity
EUR 163,431.39
LIABILITIES EUR 4,221,318.52
Shareholders' equity
EUR 0.00
Capital EUR 30,677.51
Subscribed capital (share capital)
EUR 30,677.51
Balance sheet profit/loss (+/-)
EUR -194,108.90
Profit / loss brought forward
EUR -194,108.90
Other shareholders' equity (+/-)
EUR 163,431.39
Deficit not covered by shareholders'
equity
EUR 163,431.39
Provisions
EUR 256,028.00
Liabilities EUR 3,965,290.52
Other liabilities
EUR 3,965,290.52
Unspecified other liabilities
EUR 3,965,290.52
Type of balance
sheet: Company balance sheet
Financial year: 01.01.2009 - 31.12.2009
ASSETS EUR 3,991,673.67
Fixed assets
EUR 257,889.97
Intangible assets
EUR 1.00
Other / unspecified intangible assetsEUR 1.00
Tangible assets
EUR 140,253.36
Other / unspecified tangible assets
EUR 140,253.36
Financial assets
EUR 117,635.61
Other / unspecified financial assets EUR 117,635.61
Current assets
EUR 3,418,780.19
Stocks
EUR 3,034,456.64
Accounts receivable
EUR 384,323.55
Other debtors and assets
EUR 384,323.55
Remaining other assets
EUR 315,003.51
Accruals (assets)
EUR 23,968.76
Deficit not covered by shareholders'
equity EUR 291,034.75
LIABILITIES EUR 3,991,673.67
Shareholders' equity
EUR 0.00
Capital
EUR 30,677.51
Subscribed capital (share capital)
EUR 30,677.51
Balance sheet profit/loss (+/-)
EUR -321,712.26
Profit / loss brought forward
EUR -321,712.26
Other shareholders' equity (+/-)
EUR 291,034.75
Deficit not covered by shareholders'
equity
EUR 291,034.75
Provisions
EUR 209,717.00
Liabilities
EUR 3,781,956.67
Other liabilities
EUR 3,781,956.67
Unspecified other liabilities
EUR 3,781,956.67
MIRA INFORM REPORT
|
Report Date : |
08.02.2012 |
IDENTIFICATION DETAILS
|
Name : |
COILTEC MASCHINENVERTRIEBS GMBH |
|
|
|
|
Registered Office : |
Silberkaute 4, D 57258 Freudenberg |
|
|
|
|
Country : |
Germany |
|
|
|
|
Financials (as on) : |
31.12.2009 |
|
|
|
|
Date of Incorporation : |
09.11.1992 |
|
|
|
|
Com. Reg. No.: |
HRB 3993 |
|
|
|
|
Legal Form : |
Private Limited Company |
|
|
|
|
Line of Business : |
Manufacture of other general-purpose machinery |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively below
average. |
Small |
|
Maximum Credit Limit : |
2.500
EUR |
|
Status : |
Small Company |
|
Payment
Behaviour : |
Regular |
|
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 – December 31, 2010
|
Country Name |
Previous Rating (30.09.2010) |
Current Rating (31.12.2010) |
|
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 & address
Coiltec Maschinenvertriebs GmbH
Main address:
Silberkaute 4
D 57258 Freudenberg
Telephone: 02734/271190
Telefax: 02734/578457
Homepage: www.coiltec.de
E-mail: coiltec@t-online.de
CONCLUSION
Business relations are permissible.
Synthesis
LEGAL FORM Private limited company
Date of foundation: 05.10.1992
Shareholders'
agreement: 05.10.1992
Registered on: 09.11.1992
Commercial Register: Local
court 57072 Siegen
under: HRB 3993
Share capital: EUR 30.677,52
Shareholder
Klaus Lingemann
Hauptstr. 27
D 51598 Friesenhagen
Share: EUR 20.451,68
Shareholder:
Martha von Alt
Am Berndebach 35b
D 57439 Attendorn
born: 21.10.1934
née: Hölscher
Share: EUR 10.225,84
Manager
Klaus Lingemann
Hauptstr. 27
D 51598 Friesenhagen
having sole power of representation
Marital status: married
Proxy
Alexandra Lingemann
Hauptstr. 27
D 51598 Friesenhagen
authorized to jointly represent the company
née: Berghaus
Marital status: married
Further functions/participations of
Klaus Lingemann (Manager)
Proprietor:
Klaus
Lingemann
Silberkaute 4
D
57258 Freudenberg
Legal form: Unregistered commercial
enterprise
COMPANY HISTORY
05.10.1992 - 1996 Coiltec Maschinenvertriebs GmbH
Eiserntalstr. 170
D
57080 Siegen
Private limited company
1996 - 31.12.1999 Sitzverlegung nach
Bahnhofstr. 7
D
57258 Freudenberg
Private limited company
01.01.2000 -
02.01.2000 Sitzverlegung nach
Silberkaute 4
D
57258 Freudenberg
Private limited company
BUSINESS ACTIVITIES
Sectors
28290 Manufacture of other general-purpose
machinery
FINANCIAL INFORMATION
Payment experience: within agreed terms
Negative information: We have no negative information at hand.
Maximum credit: 2.500
EUR
Balance sheet year: 2009
REAL ESTATE
Type of ownership: Tenant
Address Silberkaute 5
D 57258 Freudenberg
Real Estate of:: Klaus Lingemann
Type of ownership: proprietor
Share: 100,00 %
Address Hauptstr. 27
D
51598 Friesenhagen
Land register documents
were not available.
BANKERS
COMMERZBANK VORMALS DRESDNER BANK,
SIEGEN
Sort. code: 46080010, BIC:
DRESDEFF460
VR-BANK
FREUDENBERG-NIEDERFISCHBACH, FREUDENBERG, WESTF
Sort. code: 46061724, BIC:
GENODEM1FRF
FINANCIAL FIGURES
Turnover:
2009 EUR 2.000.000,00
2010 EUR 2.000.000,00
further business figures:
Employees:
14
The
aforementioned business figures may partly be estimated information based on
average values in the line of business.
BALANCE SHEETS
Balance sheet ratios 2009
Equity ratio [%]: -14,11
Liquidity ratio: 0,05
Return on total capital [%]: -27,85
Balance sheet ratios 2008
Equity ratio [%]: 16,73
Liquidity ratio: 0,28
Return on total capital [%]: 0,20
Balance sheet ratios 2007
Equity ratio [%]: 20,00
Liquidity ratio: 0,13
Return
on total capital [%]: 4,00
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: 01.01.2009 - 31.12.2009
ASSETS EUR 3.991.673,67
Fixed assets
EUR 257.889,97
Intangible assets
EUR 1,00
Other / unspecified intangible assetsEUR 1,00
Tangible assets
EUR 140.253,36
Other / unspecified tangible assets
EUR 140.253,36
Financial assets
EUR 117.635,61
Other / unspecified financial assets EUR 117.635,61
Current assets
EUR 3.418.780,19
Stocks
EUR 3.034.456,64
Accounts receivable
EUR 384.323,55
Other debtors and assets
EUR 384.323,55
Remaining other assets
EUR 315.003,51
Accruals (assets)
EUR 23.968,76
Deficit not covered by shareholders'
equity
EUR 291.034,75
LIABILITIES EUR 3.991.673,67
Shareholders' equity
EUR 0,00
Capital
EUR 30.677,51
Subscribed capital (share capital)
EUR 30.677,51
Balance sheet profit/loss (+/-)
EUR -321.712,26
Profit / loss brought forward
EUR -321.712,26
Other shareholders' equity (+/-)
EUR 291.034,75
Deficit not covered by shareholders'
equity
EUR 291.034,75
Provisions
EUR 209.717,00
Liabilities
EUR 3.781.956,67
Other liabilities
EUR 3.781.956,67
Unspecified other liabilities
EUR 3.781.956,67
Type
of balance
sheet: Company balance sheet
Financial year: 01.01.2008 - 31.12.2008
ASSETS EUR 4.083.054,47
Fixed assets
EUR 293.334,76
Intangible assets
EUR 1,00
Tangible assets EUR 194.729,36
Financial assets
EUR 98.604,40
Current assets
EUR 3.761.081,09
Stocks
EUR 2.885.979,80
Accounts receivable
EUR 875.079,06
Liquid means
EUR 22,23
Remaining other assets
EUR 28.638,62
Accruals (assets)
EUR 28.638,62
LIABILITIES EUR 4.083.054,47
Shareholders' equity
EUR 683.068,38
Capital
EUR 30.677,51
Subscribed capital (share capital)
EUR 30.677,51
Balance sheet profit/loss (+/-)
EUR 652.390,87
Profit / loss brought forward
EUR 644.117,15
Annual surplus / annual deficit
EUR 8.273,72
Provisions
EUR 270.635,18
Liabilities EUR 3.129.350,91
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.48.91 |
|
UK Pound |
1 |
Rs.77.30 |
|
Euro |
1 |
Rs.64.11 |
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.