MIRA INFORM REPORT

 

 

Report Date :           

21.02.2012

 

IDENTIFICATION DETAILS

 

Name :

BODET & HORST GMBH & CO. KOMMANDITGESELLSCHAFT

 

 

Registered Office :

Gewerbegebiet 9, D 09481 Elterlein

 

 

Country :

Germany

 

 

Year of Establishment :

1950

 

 

Com. Reg. No.:

HRA 5189

 

 

Legal Form :

Ltd partnership with priv. ltd. company as general partner

 

 

Line of Business :

Manufacturing of knitted and crocheted fabrics

 

 

No. of Employees :

140

 

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 :

50,000 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 30th, 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

 

Bodet & Horst GmbH & Co. Kommanditgesellschaft

 

 

Company address

 

Gewerbegebiet 9

D 09481 Elterlein

Telephone:        037349/6970

Telefax:             037349/69710

Homepage:        www.bodet-horst.de

E-mail:              contact@bodet-horst.de

 

 

VAT no

 

DE125489820

 

 

CONCLUSION

 

Business relations are permissible.

 

 

Synthesis

 

LEGAL FORM               Ltd partnership with priv. ltd. company as

                                    general partner

 Date of foundation:        1950

 Begin of business

 activities:                                  1950

 Registered on:              10.06.2004

 Register of

 companies:                  Local court 09130 Chemnitz

 under:                                      HRA 5189

 Total cap. contribution:  EUR            360,000.00

 

 

Limited partner

 

Bodet & Horst Holding GmbH & Co. KG

Gewerbegebiet 9

D 09481 Elterlein

Legal form: Ltd partnership with priv. ltd.

company as general partner

Total cap.         EUR             10,000.00

contribution:

Share:             EUR            360,000.00

Registered on: 24.05.2004

Reg. data: 09130 Chemnitz, HRA 5173

 

 

General partner

 

Horst Beteiligungs-GmbH

Gewerbegebiet 9

D 09481 Elterlein

Legal form: Private limited company

Share capital:     EUR             32,500.00

Registered on: 24.03.2004

Reg. data: 09130 Chemnitz, HRB 21297

 

 

Shareholder

 

Unternehmensförderstifung Horst

Kiefernstr. 11

D 48477 Hörstel

Legal form: Private law foundation

Share:             EUR             26,000.00

 

Shareholder:

Bodet & Horst Holding GmbH & Co. KG

Gewerbegebiet 9

D 09481 Elterlein

Legal form: Ltd partnership with priv. ltd.

company as general partner

Total cap.         EUR             10,000.00

contribution:

Share:             EUR              6,500.00

Registered on: 24.05.2004

Reg. data: 09130 Chemnitz, HRA 5173

Manager

 

Gerd-Hermann Horst

Kiefernstr. 11

D 48477 Hörstel

having sole power of representation

born: 31.12.1959

Profession: Bank Clerk

 

Manager:

Simone Flechsig

Kurt-Schumacher-Str. 15

D 48282 Emsdetten

having sole power of representation

born: 17.06.1966

Profession: Businessman

 

 

Proxy

 

Hans Peter Schouwink

Nordwalder Str. 30

D 48565 Steinfurt

having sole power of representation

born: 06.07.1961

Profession: Businessman

 

 

COMPANY HISTORY

 

 22.02.1960 - 09.06.2004  Bodet & Horst GmbH & Co.

                          Kommanditgesellschaft (HRA 3782 - AG

                          Steinfurt)

                          Rheiner Str. 59

                          D 48477 Hörstel

                          Ltd partnership with priv. ltd. company

                          as general partner

 

 

BUSINESS ACTIVITIES

 

Main industrial sector

13910   Manufacturing of knitted and crocheted fabrics

 

 

 

BRANCHES AND FACTORIES

 

Works:

                      Bodet & Horst GmbH & Co.

                      Kommanditgesellschaft

                      Rheiner Str. 59

                      D 48477 Hörstel

                      TEL.: 05459/93130

                      FAX.: 05459/1693

 

 

FINANCIAL INFORMATION

 

Payment experience:     within periods customary in this trade

 

Negative information:      We have no negative information at hand.

 

Maximum credit:            50,000 EUR

 

 

REAL ESTATE

 

Type of ownership:         Tenant

Address                        Rheiner Str. 59

                                    D 48477 Hörstel

 

 Type of ownership:        Tenant

 Address                       Gewerbegebiet 9

                                    D 09481 Elterlein

 

 Real Estate of:              Horst Beteiligungs-GmbH

 Type of ownership:        unknown

 Address                        Gewerbegebiet 9

                                    D 09481 Elterlein

 

Land register documents were not available.

 

 

BANKERS

 

DEUTSCHE BANK, RHEINE

Sort. code: 40370079, BIC: DEUTDE3B403

 

KREISSPARKASSE STEINFURT, STEINFURT, WESTF

Sort. code: 40351060, BIC: WELADED1STF

VOLKSBANK TECKLENBURGER LAND, HÖRSTEL

Sort. code: 40361906, BIC: GENODEM1IBB

 

 

FINANCIAL FIGURES

 

 Financial year:      01.07. - 30.06.

 Turnover:            2009/2010          EUR         65,000,000.00

                      2010/2011          EUR         65,000,000.00

 further business figures:

 Equipment:                              EUR          1,760,000.00

 Ac/ts receivable:                       EUR            704,000.00

 Liabillities:                           EUR          1,936,000.00

 Employees:                                                    140

 - Trainees:                                                     7

 

 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.49.21

UK Pound

1

Rs.77.75

Euro

1

Rs.64.58

 

 

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.