MIRA
INFORM REPORT
|
Report Date : |
30.01.2012 |
IDENTIFICATION DETAILS
|
Name : |
M.P.I.
PHARMACEUTICA GMBH |
|
|
|
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Registered Office : |
Ballindamm
8 D 20095 Hamburg Post Box: 760905 |
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|
|
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Country : |
Germany |
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|
|
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Financials (as on) : |
31.12.2009 |
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|
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Date of Incorporation : |
13.09.1985 |
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Com. Reg. No.: |
HRB 65217 |
|
|
|
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Legal Form : |
Private
Limited Company |
|
|
|
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Line of Business : |
Manufacture
of pharmaceutical preparations |
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|
|
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No. of Employees : |
14 |
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 : |
100,000
EUR |
|
Status : |
Satisfactory |
|
Payment Behaviour : |
No Complaints |
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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 |
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Restricted |
C2 |
|
Off-credit |
D |
Company name and address
M.P.I. Pharmaceutica GmbH
Company Status: active
Main address:
Ballindamm 8
D 20095 Hamburg
Post Box:
760905
Telephone:040/303724-0
Telefax: 040/303724-20
Homepage: www.mpi-pharma.de
E-mail: info@mpi-pharma.de
VAT no.
DE118671386
CONCLUSION
Business relations are
permissible.
Registration data
LEGAL FORM Private
limited company
Date of foundation: 13.09.1985
Shareholders'
agreement: 13.09.1985
Registered on: 26.08.1997
Commercial Register: Local court 20355 Hamburg
under: HRB 65217
Share capital
EUR 130,000.00
Shareholder
Franz Wilhelm Gerhardy
Dörpfeldstieg 1
D 22609 Hamburg
born: 12.05.1941
Share: EUR 130,000.00
Manager:
Franz Wilhelm Gerhardy
Dörpfeldstieg 1
D 22609 Hamburg
having sole power of representation
born: 12.05.1941
Profession: Businessman
Marital status: married
Proxy:
Christoph Frese
D 20095 Hamburg
authorized to jointly represent the company
born: 03.03.1938
Profession: Businessman
Marital status: unknown
Further functions/participations of
Franz Wilhelm Gerhardy
(Manager)
Shareholder:
ALPHACHEM Im- + Exportgesellschaft mbH
Ballindamm 8
D 20095 Hamburg
Legal form: Private limited company
Share capital: EUR 30,677.51
Share: EUR 30,677.51
Registered
on: 22.11.1984
Reg. data: 20355 Hamburg,
HRB 33448
Manager:
IMEDIKA Chemie GmbH
Ballindamm 8
D 20095 Hamburg
Legal form: Private limited company
Share capital: EUR 25,000.00
Registeredon:
20.12.2002
Reg. data: 20355 Hamburg,
HRB 85890
Manager:
ALPHACHEM Im- + Exportgesellschaft mbH
Ballindamm 8
D 20095 Hamburg
Legal form: Private limited company
Share capital: EUR 30,677.51
Registeredon: 22.11.1984
Reg. data: 20355 Hamburg,
HRB 33448
COMPANY HISTORY
07.09.1998 - 02.10.1998
M.P.I. Pharmaceutica GmbH
Spohrstr. 2
D
22083 Hamburg
Private limited company
BUSINESS ACTIVITIES
Sectors
21200 Manufacture of pharmaceutical preparations
46461 Wholesale of
pharmaceutical goods
FINANCIAL INFORMATION
Payment experience: within agreed terms
Negative information:We
have no negative information at hand.
Maximum credit: 100,000 EUR
Balance sheet year: 2009
REAL ESTATE
Type of ownership: Tenant
Address Ballindamm 8
D
20095 Hamburg
Land register documents
were not available.
BANKERS
DEUTSCHE
BANK, HAMBURG
Sort. code: 20070000,
Account no.: 6426605, BIC: DEUTDEHHXXX
UNICREDIT BANK -
HYPOVEREINSBANK, HAMBURG
Sort. code: 20030000,
Account no.: 1160126, BIC: HYVEDEMM300
HAMBURGER SPARKASSE,
HAMBURG
Sort. code: 20050550,
Account no.: 1280117357, BIC: HASPDEHHXXX
FINANCIAL FIGURES
Gross profit or loss:2010 EUR 5,000,000.00
Equipment: EUR 42,438.00
Ac/ts receivable: EUR 4,908,915.00
Liabillities: EUR 3,185,496.00
Employees:
14
BALANCE SHEETS
Balance sheet ratios 01.01.2009 - 31.12.2009
Equity ratio [%]: 45.81
Liquidity ratio: 1.87
Return on total capital [%]: 9.77
Balance sheet grade: 1.8
Balance sheet ratios 01.01.2008 - 31.12.2008
Equity ratio [%]: 27.55
Liquidity ratio: 1.21
Return on total capital [%]: 4.62
Balance sheet grade: 2.7
Balance sheet ratios 01.01.2007 - 31.12.2007
Equity ratio [%]: 19.14
Liquidity ratio: 1.12
Return on total capital [%]: 3.00
Balance sheet grade: 3.1
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: 01.01.2009 - 31.12.2009
ASSETS
EUR 6,124,289.88
Fixed assets
EUR 212,438.00
Tangible assets
EUR 42,438.00
Other tangible assets / fixtures and
fittings EUR 42,438.00
Financial assets
EUR 170,000.00
Other / unspecified financial assets EUR 170,000.00
Current assets
EUR 5,909,733.20
Stocks EUR 686,866.19
Accounts receivable
EUR 4,908,915.03
Other debtors and assets
EUR 4,908,915.03
Liquid means
EUR 313,951.98
Remaining other assets
EUR 2,118.68
Accruals (assets)
EUR 2,118.68
LIABILITIES EUR 6,124,289.88
Shareholders' equity
EUR 2,555,661.61
Capital
EUR 128,334.26
Subscribed capital (share capital)
EUR 128,334.26
Balance sheet profit/loss (+/-)
EUR 2,427,327.35
Balance sheet profit / loss
EUR 2,427,327.35
Provisions
EUR 383,131.82
Liabilities
EUR 3,185,496.45
Financial debts
EUR 1,525,877.73
Liabilities due to banks EUR 1,525,877.73
Other liabilities
EUR 1,659,618.72
Unspecified other liabilities
EUR 1,659,618.72
Profit and loss account (cost-summary method)
according to Comm.
Code
(HGB)
Gross result (+/-)
EUR 4,845,696.55
Staff expenses
EUR 653,272.89
Wages and salaries
EUR 565,646.14
Social security contributions and
expenses for pension plans and
benefits
EUR 87,626.75
Total depreciation
EUR 12,377.43
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus. EUR 12,377.43
Other operating expenses
EUR 3,176,812.75
Operating result from continuing
operations
EUR 1,003,233.48
Interest result (+/-)
EUR -111,012.01
Interest and similar income
EUR 4,890.42
Interest and similar expenses
EUR 115,902.43
Financial result (+/-)
EUR -111,012.01
Result from ordinary operations (+/-) EUR
892,221.47
Income tax / refund of income tax (+/-)EUR -293,183.88
Other taxes / refund of taxes
EUR -465.00
Tax
(+/-)
EUR -293,648.88
Annual surplus / annual deficit
EUR 598,572.59
Type
of balance
sheet: Company balance sheet
Financial year: 01.01.2008 - 31.12.2008
ASSETS EUR 8,275,398.00
Fixed assets
EUR 189,138.00
Tangible assets
EUR 21,575.00
Other tangible assets / fixtures and
fittings
EUR 21,575.00
Financial assets
EUR 167,563.00
Other / unspecified financial assets EUR 167,563.00
Current assets
EUR 8,082,460.65
Stocks
EUR 1,246,956.70
Accounts receivable
EUR 6,639,981.14
Other debtors and assets
EUR 6,639,981.14
Liquid means
EUR 195,522.81
Remaining other assets
EUR 3,799.35
Accruals (assets) EUR 3,799.35
LIABILITIES EUR 8,275,398.00
Shareholders' equity
EUR 1,957,089.02
Capital
EUR 128,334.26
Subscribed capital (share capital)
EUR 128,334.26
Balance sheet profit/loss (+/-)
EUR 1,828,754.76
Balance sheet profit / loss
EUR 1,828,754.76
Provisions
EUR 319,073.38
Liabilities EUR 5,999,235.60
Financial debts
EUR 4,034,812.95
Liabilities due to banks
EUR 4,034,812.95
Other liabilities
EUR 1,964,422.65
Unspecified other liabilities
EUR 1,964,422.65
Profit and loss account (cost-summary method)
according to Comm.
Code
(HGB)
Gross result (+/-)
EUR 5,648,692.82
Staff expenses EUR 630,865.12
Wages and salaries
EUR 541,226.39
Social security contributions and
expenses for pension plans and
benefits
EUR 89,638.73
Total depreciation
EUR 11,121.99
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus.
EUR 11,121.99
Other operating expenses
EUR 4,240,179.14
Operating result from continuing
operations
EUR 766,526.57
Interest result (+/-)
EUR -187,899.03
Interest and similar income
EUR 41,020.17
Interest
and similar expenses EUR 228,919.20
Financial result (+/-)
EUR -187,899.03
Result from ordinary operations (+/-)
EUR 578,627.54
Income tax / refund of income tax (+/-)EUR -195,709.93
Other taxes / refund of taxes
EUR -714.52
Tax
(+/-)
EUR -196,424.45
Annual surplus / annual deficit
EUR 382,203.09
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.49.64 |
|
|
1 |
Rs.77.79 |
|
Euro |
1 |
Rs.65.05 |
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.