MIRA INFORM REPORT
|
Report Date : |
08.02.2012 |
Comapny name and address
Report on: Karl Buch
Walzengiesserei GmbH & Co. KG
Company Status: active
Auf
den Hütten 7
D
57076 Siegen
Telephone:0271/70030
Telefax: 0271/7003100
Homepage:
www.karl-buch.de
E-mail: sales@karlbuch.de
VAT no
DE126560495
CONCLUSION
Business relations are
permissible.
LEGAL FORM Ltd partnership with priv. ltd. company
as general partner
Date of foundation: 1855
Registered on: 01.09.1954
Register of
companies: Local court 57072 Siegen
under: HRA 3190
Total cap.
contribution: EUR 511,291.88
Limited partner
Johannes Buch
Am Johannesseifen 11
D 57076 Siegen
born: 28.02.1961
Share: EUR 480,614.37
Limited partner
Alexander Buch
Am Johannesseifen 11
D 57076 Siegen
born: 21.10.1989
Share: EUR 30,677.51
General partner
Buch Beteiligungs-GmbH
Auf den Hütten 7
D 57076 Siegen
Legal form: Private limited company
Share capital: EUR 25,564.60
Registered on: 01.02.1994
Reg. data: 57072 Siegen, HRB 4185
Shareholder
Johannes Buch
Am Johannesseifen 11
D 57076 Siegen
born: 28.02.1961
Share: EUR 24,030.72
Shareholder:
Alexander Buch
Am Johannesseifen 11
D 57076 Siegen
born: 21.10.1989
Share: EUR 1,533.88
Manager
Johannes Buch
Am Johannesseifen 11
D 57076 Siegen
having sole power of representation
born: 28.02.1961
Proxy
Norbert Rösen
Zitzenbachstr. 51
D 57223 Kreuztal
authorized to jointly represent the company
born: 09.12.1954
Proxy:
Jürgen Lüders
D 57250 Netphen
authorized to jointly represent the company
born: 23.10.1959
Proxy:
Frank Stein
D 57223 Kreuztal
authorized to jointly represent the company
born: 27.06.1967
Proxy:
Rainer Muhl
D 57555 Mudersbach
authorized to jointly represent the company
born: 30.08.1958
COMPANY HISTORY
01.09.1954 -
01.10.1961 Karl Buch K.G.,
Walzengießerei
Auf den Hütten 7
D
57076 Siegen
Limited partnership
02.10.1961 -
08.02.1994 Karl Buch Walzengießerei
Auf den Hütten 7
D
57076 Siegen
General Partnership
09.02.1994 -
03.08.2005 Karl Buch Walzengießerei GmbH
& Co.
Auf den Hütten 7
D
57076 Siegen
Ltd partnership with priv. ltd. company
as
general partner
04.08.2005 -
06.07.2006 Karl Buch Walzengießerei GmbH
& Co. KG
Auf den Hütten 7
D
57076 Siegen
Ltd partnership with priv. ltd. company
as
general partner
BUSINESS ACTIVITIES
Sectors
2550 Forging, pressing, stamping and
roll-forming of metal;
powder metallurgy
FINANCIAL INFORMATION
Payment experience: takes advantage of cash discount
Negative information:We
have no negative information at hand.
Maximum credit: 200,000 EUR
Balance sheet year: 2010
REAL ESTATE
Type of ownership: proprietor
Share: 100.00 %
Address Auf den Hütten 7
D
57076 Siegen
Size: 28,986.00 sq.m
Value at selling
price: EUR 5,752,000.00
Land register documents
were not available.
BANKERS
Principal banks
DEUTSCHE BANK, HAMBURG
Sort. code: 20070000, BIC:
DEUTDEHHXXX
SPARKASSE SIEGEN, SIEGEN
Sort. code: 46050001, BIC:
WELADED1SIE
Further banks
DEUTSCHE BANK, SIEGEN
Sort. code: 46070090, BIC:
DEUTDEDK460
COMMERZBANK, SIEGEN
Sort. code: 46040033, BIC:
COBADEFF460
VOLKSBANK SIEGERLAND,
SIEGEN
Sort. code: 46060040, BIC:
GENODEM1SNS
DEUTSCHE BANK PRIVAT UND
GESCHÄFTSKUNDEN, SIEGEN
Sort. code: 46070024, BIC:
DEUTDEDB460
FINANCIAL FIGURES
Profit: 2010 EUR 3,526,542.00
Ac/ts receivable: EUR 5,309,239.00
Liabillities: EUR 4,924,111.00
Employees: 190
BALANCE SHEETS
Balance sheet ratios 01.01.2010 - 31.12.2010
Equity ratio [%]: 50.00
Liquidity ratio: 1.69
Return on total capital [%]: 19.12
Balance sheet grade: 1.4
Balance sheet ratios 01.01.2009 - 31.12.2009
Equity ratio [%]: 42.13
Liquidity ratio: 2.07
Return on total capital [%]: 29.22
Balance sheet grade: 1.6
Balance sheet ratios 01.01.2008 - 31.12.2008
Equity ratio [%]: 37.44
Liquidity ratio: 1.87
Return on total capital [%]: 34.39
Balance sheet grade: 1.7
Balance sheet ratios 01.01.2007 - 31.12.2007
Equity ratio [%]: 29.61
Liquidity ratio: 1.95
Return on total capital [%]: 43.18
Balance sheet grade: 2.0
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 18,865,875.00
Fixed assets
EUR 4,808,110.70
Intangible assets
EUR 87,802.00
Other / unspecified intangible assetsEUR 87,802.00
Tangible assets
EUR 4,720,308.70
Other / unspecified tangible assets
EUR 4,720,308.70
Current assets
EUR 14,053,867.67
Stocks
EUR 6,959,175.80
Accounts receivable
EUR 5,309,239.32
Other debtors and assets
EUR 5,309,239.32
Liquid means
EUR 1,785,452.55
Remaining other assets
EUR 3,896.63
Accruals (assets)
EUR 3,896.63
LIABILITIES EUR 18,865,875.00
Shareholders' equity
EUR 9,454,889.61
Capital
EUR 9,454,889.61
Capital of the fully liable partner
(LP, general partnership)
EUR 65,018.04
Capital contribution of gen.
partner/accounts of the pers. liable
shareholder
EUR 65,018.04
Limited partner's capital / capital
of partially liable partner (LP)
EUR 9,389,871.57
Provisions EUR 4,486,874.00
Liabilities
EUR 4,924,111.39
Other liabilities
EUR 4,924,111.39
Unspecified other liabilities
EUR 4,924,111.39
Profit and loss account (cost-summary method)
according to Comm.
Code (HGB)
Gross result (+/-)
EUR 21,475,454.43
Staff expenses
EUR 11,116,526.52
Wages and salaries EUR 9,213,978.16
Social security contributions and
expenses for pension plans and
benefits
EUR 1,902,548.36
Total depreciation
EUR 1,100,094.23
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus.
EUR 1,100,094.23
Other operating expenses
EUR 4,958,204.55
Operating result from continuing
operations EUR 4,300,629.13
Interest result (+/-)
EUR 19,092.16
Interest and similar income
EUR 125,573.02
Interest and similar expenses
EUR 106,480.86
Financial result (+/-)
EUR 19,092.16
Result from ordinary operations (+/-)
EUR 4,319,721.29
Extraordinary expenses
EUR 72,783.00
Extraordinary result (+/-)
EUR -72,783.00
Income tax / refund of income tax (+/-)EUR -678,603.82
Other taxes / refund of taxes
EUR -41,792.58
Tax (+/-)
EUR -720,396.40
Annual surplus / annual deficit
EUR 3,526,541.89
Type of balance
sheet: Company balance sheet
Financial year: 01.01.2009 - 31.12.2009
ASSETS EUR 18,145,089.19
Fixed assets
EUR 4,555,564.50
Intangible assets
EUR 98,303.00
Other / unspecified intangible assetsEUR 98,303.00
Tangible assets
EUR 4,457,261.50
Other / unspecified tangible assets
EUR 4,457,261.50
Current assets
EUR 13,582,544.26
Stocks
EUR 5,942,456.09
Accounts receivable
EUR 5,840,405.94
Other debtors and assets
EUR 5,840,405.94
Liquid means
EUR 1,799,682.23
Remaining other assets
EUR 6,980.43
Accruals (assets)
EUR 6,980.43
LIABILITIES EUR 18,145,089.19
Shareholders' equity
EUR 7,672,815.70
Capital
EUR 7,672,815.70
Capital of the fully liable partner
(LP, general partnership)
EUR 60,518.04
Capital contribution of gen.
partner/accounts of the pers. liable
shareholder
EUR 60,518.04
Limited partner's capital / capital
of partially liable partner (LP)
EUR 7,612,297.66
Provisions
EUR 5,853,331.00
Liabilities
EUR 4,618,942.49
Other liabilities
EUR 4,618,942.49
Unspecified other liabilities EUR
4,618,942.49
Profit and loss account (cost-summary method)
according to Comm.
Code (HGB)
Gross result (+/-)
EUR 25,328,117.64
Staff expenses
EUR 12,161,508.97
Wages and salaries
EUR 10,126,017.65
Social security contributions and
expenses for pension plans and
benefits
EUR 2,035,491.32
Total depreciation
EUR 917,274.68
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus.
EUR 917,274.68
Other operating expenses
EUR 5,862,024.95
Operating result from continuing
operations
EUR 6,387,309.04
Interest result (+/-)
EUR -61,486.15
Interest and similar income
EUR 20,186.32
Interest and similar expenses
EUR 81,672.47
Financial result (+/-)
EUR -61,486.15
Result from ordinary operations (+/-)
EUR 6,325,822.89
Income tax / refund of income tax (+/-)EUR -996,990.06
Other taxes / refund of taxes
EUR -40,844.46
Tax (+/-)
EUR -1,037,834.52
Annual surplus / annual deficit EUR 5,287,988.37
MIRA INFORM REPORT
|
Report Date : |
19.07.2011 |
IDENTIFICATION DETAILS
|
Name : |
KARL BUCH WALZENGIESSEREI GMBH & CO. KG |
|
|
|
|
Registered Office : |
Auf den Hütten 7, D 57076 Siegen |
|
|
|
|
Country : |
Germany |
|
|
|
|
Financials (as on) : |
31.12.2009 |
|
|
|
|
Date of Incorporation : |
01.09.1954 |
|
|
|
|
Com. Reg. No.: |
HRA 3190 |
|
|
|
|
Legal Form : |
Ltd partnership with priv. ltd. company as general partner |
|
|
|
|
Line of Business : |
Forging, pressing, stamping and roll-forming of metal; powder metallurgy |
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 |
|
Maximum Credit Limit : |
250,000 EUR |
|
Status : |
Good |
|
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 – March 31st, 2011
|
Country Name |
Previous Rating (31.12.2010) |
Current Rating (31.03.2011) |
|
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 & address
Karl Buch Walzengiesserei GmbH & Co.
KG
Main address:
Auf den Hütten 7
D 57076 Siegen
Telephone: 0271/70030
Telefax: 0271/7003100
Homepage: www.karl-buch.de
E-mail: sales@karlbuch.de
VAT no.
DE126560495
CONCLUSION
Business relations are permissible.
Synthesis
LEGAL FORM Ltd partnership with priv. ltd. company as
general partner
Date of foundation: 1855
Registered on: 01.09.1954
Register of
companies: Local court 57072 Siegen
under: HRA 3190
Total cap. contribution:
EUR 511,291.88
Limited partner
Johannes Buch
Am Johannesseifen 11
D 57076 Siegen
born: 28.02.1961
Share: EUR 480,614.37
Limited partner:
Alexander Buch
Am Johannesseifen 11
D 57076 Siegen
born: 21.10.1989
Share: EUR 30,677.51
General partner
Buch Beteiligungs-GmbH
Auf den Hütten 7
D 57076 Siegen
Legal form: Private limited company
Share capital: EUR 25,564.60
Registered on: 01.02.1994
Reg. data: 57072 Siegen, HRB 4185
Shareholder
Johannes Buch
Am Johannesseifen 11
D 57076 Siegen
born: 28.02.1961
Share: EUR 24,030.72
Shareholder:
Alexander Buch
Am Johannesseifen 11
D 57076 Siegen
born: 21.10.1989
Share: EUR 1,533.88
Manager
Johannes Buch
Am Johannesseifen 11
D 57076 Siegen
having sole power of representation
born: 28.02.1961
Proxy
Norbert Rösen
Zitzenbachstr. 51
D 57223 Kreuztal
authorized to jointly represent the company
born: 09.12.1954
Proxy:
Rainer Muhl
D 57555 Mudersbach
authorized to jointly represent the company
born: 30.08.1958
Proxy:
Frank Stein
D 57223 Kreuztal
authorized to jointly represent the company
born: 27.06.1967
Proxy:
Jürgen Lüders
D 57250 Netphen
authorized to jointly represent the company
born: 23.10.1959
COMPANY HISTORY
01.09.1954 - 01.10.1961 Karl Buch K.G., Walzengießerei
Auf den Hütten 7
D
57076 Siegen
Limited partnership
02.10.1961 -
08.02.1994 Karl Buch Walzengießerei
Auf
den Hütten 7
D
57076 Siegen
General Partnership
09.02.1994 -
03.08.2005 Karl Buch Walzengießerei GmbH
& Co.
Auf den Hütten 7
D
57076 Siegen
Ltd partnership with priv.
ltd. company
as
general partner
04.08.2005 -
06.07.2006 Karl Buch Walzengießerei GmbH
& Co. KG
Auf den Hütten 7
D
57076 Siegen
Ltd partnership with
priv. ltd. company
as
general partner
BUSINESS ACTIVITIES
Sectors
2550 Forging, pressing,
stamping and roll-forming of metal; powder metallurgy
FINANCIAL INFORMATION
Payment experience: takes
advantage of cash discount
Negative information: We
have no negative information at hand.
Maximum credit: 250,000 EUR
Balance sheet year: 2009
REAL ESTATE
Type of ownership: proprietor
Share: 100.00 %
Address Auf den Hütten 7
D 57076 Siegen
Size: 28,986.00 sq.m
Value at selling
price: EUR 5,752,000.00
Land register documents were not available.
BANKERS
Principal banks
DEUTSCHE BANK, HAMBURG
Sort. code: 20070000, BIC: DEUTDEHHXXX
SPARKASSE SIEGEN, SIEGEN
Sort. code: 46050001, BIC: WELADED1SIE
Further banks
DEUTSCHE BANK, SIEGEN
Sort. code: 46070090, BIC: DEUTDEDK460
COMMERZBANK, SIEGEN
Sort. code: 46040033, BIC: COBADEFF460
VOLKSBANK SIEGERLAND, SIEGEN
Sort. code: 46060040, BIC: GENODEM1SNS
DEUTSCHE BANK PRIVAT UND GESCHÄFTSKUNDEN, SIEGEN
Sort. code: 46070024, BIC: DEUTDEDB460
FINANCIAL FIGURES
Turnover: 2009 EUR
35,700,000.00
2010 EUR 30,500,000.00
further business figures:
Ac/ts receivable: EUR 5,840,405.00
Liabillities: EUR 4,618,942.00
Employees:
190
BALANCE SHEETS
Balance sheet ratios 01.01.2009 - 31.12.2009
Equity ratio [%]: 42.13
Liquidity ratio: 2.07
Return on total capital [%]: 29.22
Balance sheet ratios 01.01.2008 - 31.12.2008
Equity ratio [%]: 37.44
Liquidity ratio: 1.87
Return on total capital [%]: 34.39
Balance sheet ratios 01.01.2007 - 31.12.2007
Equity ratio [%]: 29.61
Liquidity ratio: 1.95
Return on total capital [%]: 43.18
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 18,145,089.19
Fixed assets
EUR 4,555,564.50
Intangible assets EUR 98,303.00
Other / unspecified intangible assetsEUR 98,303.00
Tangible assets
EUR 4,457,261.50
Other / unspecified tangible assets
EUR 4,457,261.50
Current assets EUR 13,582,544.26
Stocks
EUR 5,942,456.09
Accounts receivable
EUR 5,840,405.94
Other debtors and assets
EUR 5,840,405.94
Liquid
means EUR 1,799,682.23
Remaining other assets
EUR 6,980.43
Accruals (assets)
EUR 6,980.43
LIABILITIES EUR 18,145,089.19
Shareholders' equity
EUR 7,672,815.70
Capital
EUR 7,672,815.70
Capital of the fully liable partner
(LP, general partnership)
EUR 60,518.04
Capital
contribution of gen.
partner/accounts of the pers. liable
shareholder
EUR 60,518.04
Limited partner's capital / capital
of partially liable partner (LP)
EUR 7,612,297.66
Provisions
EUR 5,853,331.00
Liabilities
EUR 4,618,942.49
Other liabilities
EUR 4,618,942.49
Unspecified other liabilities
EUR 4,618,942.49
Profit and loss account (cost-summary method)
according to Comm.
Code
(HGB)
Gross result (+/-)
EUR 25,328,117.64
Staff expenses
EUR 12,161,508.97
Wages and salaries
EUR 10,126,017.65
Social security contributions and
expenses for pension plans and
benefits
EUR 2,035,491.32
Total depreciation
EUR 917,274.68
Depreciation
on tangible / intangible
asssets (incl. start-up and exp. of
bus.
EUR 917,274.68
Other operating expenses
EUR 5,862,024.95
Operating result from continuing
operations
EUR 6,387,309.04
Interest result (+/-)
EUR -61,486.15
Interest and similar income
EUR 20,186.32
Interest and similar expenses
EUR 81,672.47
Financial result (+/-)
EUR -61,486.15
Result from ordinary operations (+/-)
EUR 6,325,822.89
Income tax / refund of income tax (+/-)EUR -996,990.06
Other taxes / refund of taxes
EUR -40,844.46
Tax
(+/-)
EUR -1,037,834.52
Annual surplus / annual deficit
EUR 5,287,988.37
Type
of balance
sheet: Company balance sheet
Financial year: 01.01.2008 - 31.12.2008
ASSETS EUR 18,530,896.03
Fixed assets
EUR 3,530,492.39
Intangible assets
EUR 806.00
Other / unspecified intangible assetsEUR 806.00
Tangible assets
EUR 3,529,686.39
Other / unspecified tangible assets
EUR 3,529,686.39
Current assets
EUR 14,953,759.86
Stocks
EUR 6,094,933.81
Accounts receivable
EUR 7,380,232.78
Other debtors and assets
EUR 7,380,232.78
Liquid means
EUR 1,478,593.27
Remaining other assets EUR 46,643.78
Accruals (assets)
EUR 46,643.78
LIABILITIES EUR 18,530,896.03
Shareholders' equity
EUR 6,939,077.18
Capital EUR 6,939,077.18
Capital of the fully liable partner
(LP, general partnership)
EUR 54,518.04
Capital contribution of gen.
partner/accounts of the pers. liable
shareholder EUR 54,518.04
Limited partner's capital / capital
of partially liable partner (LP)
EUR 6,884,559.14
Provisions
EUR 6,158,219.00
Liabilities
EUR 5,433,599.85
Other liabilities
EUR 5,433,599.85
Unspecified other liabilities
EUR 5,433,599.85
Profit and loss account (cost-summary method)
according to Comm.
Code
(HGB)
Gross result (+/-)
EUR 25,345,977.92
Staff expenses
EUR 11,432,087.36
Wages and salaries
EUR 9,499,578.74
Social security contributions and
expenses
for pension plans and
benefits
EUR 1,932,508.62
Total depreciation
EUR 730,672.66
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus. EUR 730,672.66
Other operating expenses
EUR 5,555,471.97
Operating result from continuing
operations
EUR 7,627,745.93
Interest result (+/-) EUR 61,475.33
Interest and similar income
EUR 156,450.65
Interest and similar expenses
EUR 94,975.32
Financial result (+/-)
EUR 61,475.33
Result from ordinary operations (+/-)
EUR 7,689,221.26
Income tax / refund of income tax (+/-)EUR -1,275,980.53
Other taxes / refund of taxes
EUR -39,973.47
Tax
(+/-)
EUR -1,315,954.00
Annual surplus / annual deficit EUR 6,373,267.26
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.