MIRA INFORM REPORT
|
Report Date : |
23.01.2012 |
Company name & address
Choksi GmbH & Co. KG
Main
address:
Feldstr. 21a
D 55743 Idar-Oberstein
Telephone: 06781/9466-0
Telefax: 06781/9466-66
Homepage: www.choksidiamonds.com
E-mail: choksi@t-online.de
VAT no
DE148288289
CONCLUSION
Business
relations are permissible.
Synthesis
LEGAL FORM Ltd partnership with priv. ltd. company as
general partner
Date of foundation: 06.07.1988
Registered on: 06.07.1988
Register of
companies: Local court 55543 Bad Kreuznach
under: HRA 11507
Total cap. contribution:
EUR 40,000.00
Limited partner
Bipin Choksi
Mozartstr.9
D 55743 Idar-Oberstein
born: 02.09.1941
Share: EUR 20,000.00
Limited partner:
Ashish Anit Choksi
Mozartstr. 9
D 55743 Idar-Oberstein
born: 10.08.1967
Share: EUR 20,000.00
General partner
Choksi Beteiligungs-GmbH
Feldstr. 21a
D 55743 Idar-Oberstein
Legal form: Private limited company
Share capital: EUR 25,000.00
Registered on: 06.12.2001
Reg. data: 55543 Bad Kreuznach, HRB 11171
Shareholder
Bipin Choksi
Mozartstr.9
D 55743 Idar-Oberstein
born: 02.09.1941
Share: EUR 12,500.00
Shareholder:
Ashish Anit Choksi
Mozartstr. 9
D 55743 Idar-Oberstein
born: 10.08.1967
Share: EUR 12,500.00
Manager
Bipin Choksi
Mozartstr.9
D 55743 Idar-Oberstein
having sole power of representation
born: 02.09.1941
Nationality: Indian
Marital status: married
Manager:
Ashish Anit Choksi
Mozartstr. 9
D 55743 Idar-Oberstein
having sole power of representation
born: 10.08.1967
Nationality: Indian
Marital status: married
COMPANY HISTORY
06.07.1988 -
29.08.2001 Choksi oHG
Kobachstr. 13
D 55743
Idar-Oberstein
General Partnership
29.08.2001 -
19.02.2002 Choksi oHG
Feldstr. 21 A
D 55743
Idar-Oberstein
General Partnership
19.02.2002 -
11.03.2002 Choksi GmbH & Co. KG
Feldstr. 21a
D
55743 Idar-Oberstein
Ltd partnership with priv. ltd. company
as
general partner
BUSINESS ACTIVITIES
Sectors
46480 Wholesale of clocks
and watches and jewelry
FINANCIAL INFORMATION
Payment
experience: within periods
customary in this trade
Negative
information: We have no negative
information at hand.
Maximum
credit: 8,000 EUR
Balance sheet
year: 2010
REAL ESTATE
Type of ownership: Tenant
Address Feldstr. 21a
D
55743 Idar-Oberstein
Land register documents were not available.
BANKERS
COMMERZBANK, IDAR-OBERSTEIN
Sort. code: 56240050, BIC: COBADEFF562
FINANCIAL FIGURES
Turnover: 2010 EUR 8,500,000.00
2011 EUR 465,000.00
further business figures:
Equipment: EUR 24,000.00
Ac/ts receivable: EUR 1,956,039.00
Liabillities: EUR
3,431,226.00
Total numbers of vehicles: 2
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 [%]: 1.15
Liquidity ratio: 0.57
Balance sheet ratios 01.01.2009 - 31.12.2009
Equity ratio [%]: 1.23
Liquidity ratio: 0.44
Balance sheet ratios 01.01.2008 - 31.12.2008
Equity ratio [%]: 1.15
Liquidity ratio: 0.51
Balance sheet ratios 01.01.2007 - 31.12.2007
Equity ratio [%]: 0.99
Liquidity ratio: 0.53
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.
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 3,484,614.75
Fixed assets
EUR 11,695.00
Tangible assets
EUR 11,695.00
Other / unspecified tangible assets
EUR 11,695.00
Current assets
EUR 3,466,419.75
Stocks
EUR 1,503,000.00
Accounts receivable
EUR 1,956,039.04
Other debtors and assets EUR 1,956,039.04
Liquid means
EUR 7,380.71
Remaining other assets
EUR 6,500.00
Accruals (assets)
EUR 6,500.00
LIABILITIES EUR 3,484,614.75
Shareholders' equity
EUR 40,000.00
Capital
EUR 40,000.00
Limited partner's capital / capital
of
partially liable partner (LP)
EUR 40,000.00
Provisions
EUR 13,389.00
Liabilities
EUR 3,431,225.75
Other liabilities
EUR 3,431,225.75
Unspecified other liabilities
EUR 3,431,225.75
Type
of balance
sheet: Company balance sheet
Financial year: 01.01.2009 - 31.12.2009
ASSETS EUR 3,243,118.02
Fixed
assets EUR 20,186.00
Tangible assets
EUR 20,186.00
Other / unspecified tangible assets
EUR 20,186.00
Current assets
EUR 3,221,632.02
Stocks
EUR 1,790,000.00
Accounts receivable
EUR 1,391,148.27
Other debtors and assets
EUR 1,391,148.27
Liquid means
EUR 40,483.75
Remaining other assets
EUR 1,300.00
Accruals (assets)
EUR 1,300.00
LIABILITIES EUR 3,243,118.02
Shareholders' equity EUR 40,000.00
Capital
EUR 40,000.00
Limited partner's capital / capital
of partially liable partner (LP)
EUR 40,000.00
Provisions
EUR 14,500.00
Liabilities
EUR 3,188,618.02
Other liabilities
EUR 3,188,618.02
Unspecified other liabilities
EUR 3,188,618.02
MIRA INFORM REPORT
|
Prepared for : |
State Bank of Patiala - NP -Comml Br |
|
|
|
|
Your Ref. No.: |
Harikrishna Exports (L. Kipgen) |
|
Report No. : |
159301 |
|
Inquiry Date : |
03.11.2011 |
INQUIRY DETAILS
|
Given Name : |
Choksi Gmbh & Co KG |
|
|
|
|
Given Address : |
Postfach 122267, 55714 Idar Oberstein, Germany |
IDENTIFICATION DETAILS
|
Name : |
CHOKSI GMBH & CO. KG |
|
|
|
|
Registered Office : |
Feldstr. 21a, D 55743 Idar-Oberstein |
|
|
|
|
Country : |
Germany |
|
|
|
|
Financials (as on) : |
31.12.2009 |
|
|
|
|
Date of Incorporation : |
06.07.1988 |
|
|
|
|
Com. Reg. No.: |
HRA 11507 |
|
|
|
|
Legal Form : |
Ltd partnership with priv. ltd. company as general partner |
|
|
|
|
Line of Business : |
Wholesale of clocks and watches and jewelry |
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 : |
30,000
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 & address
Choksi GmbH & Co. KG
Main address:
Feldstr. 21a
D 55743 Idar-Oberstein
Telephone: 06781/9466-0
Telefax: 06781/9466-66
Homepage: www.choksidiamonds.com
E-mail: choksi@t-online.de
VAT no
DE148288289
CONCLUSION
Business relations are permissible.
Synthesis
LEGAL FORM Ltd
partnership with priv. ltd. company as
general partner
Date of foundation: 06.07.1988
Registered on: 06.07.1988
Register of
companies: Local
court 55543 Bad Kreuznach
under: HRA
11507
Total cap. contribution:
EUR 40,000.00
Limited partner
Bipin Choksi
Mozartstr.9
D 55743 Idar-Oberstein
born: 02.09.1941
Share: EUR 20,000.00
Limited partner:
Ashish Anit Choksi
Mozartstr. 9
D 55743 Idar-Oberstein
born: 10.08.1967
Share: EUR 20,000.00
General partner
Choksi Beteiligungs-GmbH
Feldstr. 21a
D 55743 Idar-Oberstein
Legal form: Private limited company
Share capital: EUR 25,000.00
Registered on: 06.12.2001
Reg. data: 55543 Bad Kreuznach, HRB 11171
Shareholder
Bipin Choksi
Mozartstr.9
D 55743 Idar-Oberstein
born: 02.09.1941
Share: EUR 12,500.00
Shareholder:
Ashish Anit Choksi
Mozartstr. 9
D 55743 Idar-Oberstein
born: 10.08.1967
Share: EUR 12,500.00
Manager
Bipin Choksi
Mozartstr.9
D 55743 Idar-Oberstein
having sole power of representation
born: 02.09.1941
Nationality: Indian
Marital status: married
Manager:
Ashish Anit Choksi
Mozartstr. 9
D 55743 Idar-Oberstein
having sole power of representation
born: 10.08.1967
Nationality: Indian
Marital status: married
COMPANY HISTORY
06.07.1988 -
29.08.2001 Choksi oHG
Kobachstr. 13
D
55743 Idar-Oberstein
General Partnership
29.08.2001 -
19.02.2002 Choksi oHG
Feldstr. 21 A
D
55743 Idar-Oberstein
General Partnership
19.02.2002 -
11.03.2002 Choksi GmbH & Co. KG
Feldstr. 21a
D
55743 Idar-Oberstein
Ltd partnership with priv. ltd. company
as
general partner
BUSINESS ACTIVITIES
Sectors
46480 Wholesale of clocks
and watches and jewelry
FINANCIAL INFORMATION
Payment
experience: within periods
customary in this trade
Negative
information: We have no negative
information at hand.
Maximum
credit: 30,000 EUR
Balance
sheet year: 2009
REAL ESTATE
Type of ownership: Tenant
Address Feldstr. 21a
D 55743 Idar-Oberstein
Land register documents were not available.
BANKERS
COMMERZBANK, IDAR-OBERSTEIN
Sort. code: 56240050, BIC: COBADEFF562
FINANCIAL FIGURES
Turnover: 2009 EUR 8,000,000.00
2010 EUR 8,500,000.00
further
business figures:
Ac/ts receivable: EUR 1,391,148.00
Liabillities: EUR 3,188,618.00
Total numbers of vehicles: 2
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 01.01.2009 - 31.12.2009
Equity ratio [%]: 1.23
Liquidity ratio: 0.44
Balance sheet ratios 01.01.2008 -
31.12.2008
Equity ratio [%]: 1.15
Liquidity ratio: 0.51
Balance sheet ratios 01.01.2007 - 31.12.2007
Equity ratio [%]: 0.99
Liquidity ratio: 0.53
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.
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: 01.01.2009 - 31.12.2009
ASSETS EUR 3,243,118.02
Fixed assets
EUR 20,186.00
Tangible assets
EUR 20,186.00
Other / unspecified tangible assets
EUR 20,186.00
Current assets
EUR 3,221,632.02
Stocks
EUR 1,790,000.00
Accounts receivable
EUR 1,391,148.27
Other debtors and assets
EUR 1,391,148.27
Liquid means
EUR 40,483.75
Remaining other assets
EUR 1,300.00
Accruals (assets)
EUR 1,300.00
LIABILITIES EUR 3,243,118.02
Shareholders' equity
EUR 40,000.00
Capital
EUR 40,000.00
Limited partner's capital / capital
of partially liable partner (LP)
EUR 40,000.00
Provisions
EUR 14,500.00
Liabilities
EUR 3,188,618.02
Other liabilities
EUR 3,188,618.02
Unspecified other liabilities
EUR 3,188,618.02
Type
of balance
sheet: Company balance sheet
Financial year: 01.01.2008 - 31.12.2008
ASSETS EUR 3,464,355.51
Fixed assets EUR 27,785.00
Tangible assets
EUR 27,785.00
Current assets
EUR 3,434,978.51
Stocks
EUR 1,676,000.00
Accounts receivable
EUR 1,756,700.37
Liquid means
EUR 2,278.14
Remaining other assets
EUR 1,592.00
Accruals (assets)
EUR 1,592.00
LIABILITIES EUR 3,464,355.51
Shareholders' equity
EUR 40,000.00
Capital
EUR 40,000.00
Limited partner's capital / capital
of partially liable partner (LP)
EUR 40,000.00
Provisions
EUR 8,100.00
Liabilities EUR 3,416,255.51
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.50.33 |
|
UK Pound |
1 |
Rs.77.97 |
|
Euro |
1 |
Rs.65.31 |
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.