MIRA INFORM REPORT

 

 

Report Date :

10.02.2012

 

IDENTIFICATION DETAILS

 

Correct Name :

OVERSEAS EXPRESS PART BARBARA LENZ E.K.

 

 

Registered Office :

Bonner Str. 101, D 53173 Bonn

 

 

Country :

Germany

 

 

Date of Incorporation :

1995

 

 

Com. Reg. No.:

HRA 7538

 

 

Legal Form :

Sole proprietorship

 

 

Line of Business :

Trade in motor vehicle parts and accessories

 

 

No. of Employees :

Not Available

 

 

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 :

5,000 EUR

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 – 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

 

OVERSEAS EXPRESS PART Barbara Lenz e.K.

 

 

Company address

 

Company Status:      active

Bonner Str. 101

D 53173 Bonn

Telephone:0228/9714692

Telefax:  0228/9714691

Homepage: www.lenz-trend-produkte.de

E-mail:   o.e.parts@t-online.de

 

 Trade name:          trend produkte

 

 

VAT no           

 

 DE122578906

 

 

 CONCLUSION

 

 Business relations are permissible.

 

 LEGAL FORM                          Sole proprietorship

 Date of foundation:                    1995

 Registered on:                          22.01.2010

 Register of companies:              Local court 53111 Bonn

 under:                                      HRA 7538

 

 

Proprietor

 

Barbara Theresia Lenz

Kronprinzenstr. 25

D 53173 Bonn

born: 22.11.1952

Profession: Businessman

Marital status: married

 

 Further functions/participations of Barbara Theresia Lenz

 (Proprietor)

 

Proprietor

Barbara Theresia Lenz

Bonner Str. 101

D 53173 Bonn

Legal form: Unregistered commercial

enterprise

 

 

 COMPANY HISTORY

 

 1995 - 16.09.1998        Barbara Lenz

                          Oberbreidenbacher Str. 22

                          D 51588 Nümbrecht

                          Unregistered commercial enterprise

 16.09.1998 - 10.12.2001  OVERSEAS EXPRESS Part, Barbara Lenz e.K.

                          Breidenbacher Str. 22

                          D 51588 Nümbrecht

                          Sole proprietorship

 10.12.2001 - 30.06.2004  OVERSEAS EXPRESS PART, Barbara Lenz e.K.

                          Heisterbacher Str. 96

                          D 53639 Königswinter

                          Sole proprietorship

 01.07.2004 - 08.12.2004  OVERSEAS EXPRESS PART, Barbara Lenz e.K.

                          Bahnhofstr. 27a

                          D 53604 Bad Honnef

                          Sole proprietorship

 08.12.2004 - 22.01.2010  OVERSEAS EXPRESS PART, Barbara Lenz e.K.

                          (bis 22.01.2010)

                          Bahnhofstr. 27a

                          D 53604 Bad Honnef

                          Sole proprietorship

 22.01.2010 - 11.01.2011  OVERSEAS EXPRESS PART Barbara Lenz e.K.

                          Bonner Str. 101

                          D 53173 Bonn

                          Sole proprietorship

 

 

 BUSINESS ACTIVITIES

 

 Sectors

 45320   Retail trade in motor vehicle parts and accessories

 

 

FINANCIAL INFORMATION

 

Payment experience:  within agreed terms

 

 Negative information:We have no negative information at hand.

 

 Maximum credit:      5,000 EUR

 

 

 REAL ESTATE

 

 Type of ownership:        Tenant

 Address                       Bonner Str. 101

                                    D 53173 Bonn

 

 Real Estate of:              Barbara Theresia Lenz

 Type of ownership:        unknown

 Address                       Kronprinzenstr. 25

                                    D 53173 Bonn

 

 Land register documents were not available.

 

 

 BANKERS

 

 VOLKSBANK OBERBERG, WIEHL

 Sort. code: 38462135, Account no.: 4227804012, BIC: GENODED1WIL

 

 

 FINANCIAL FIGURES

 

 Financial year:      01.01. - 31.12.

 Turnover:            2010               EUR            235,000.00

                      2011               EUR            240,000.00

 Expected turnover:                      EUR            240,000.00

 further business figures:

 Equipment:                              EUR             16,000.00

 Ac/ts receivable:                       EUR             10,000.00

 Liabillities:                           EUR             15,000.00

 Total numbers of vehicles:                                      1

 - Passenger cars:                                               1

 Employees:                                                      1

 - thereof permanent staff:                                      1

 

 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.49.28

UK Pound

1

Rs.78.09

Euro

1

Rs.65.58

 

 

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.