MIRA INFORM REPORT
|
Report Date : |
30.01.2012 |
IDENTIFICATION DETAILS
|
Name : |
PACPLAST GMBH |
|
|
|
|
Registered Office : |
Am Eichholz 7, D 42897 Remscheid |
|
|
|
|
Country : |
Germany |
|
|
|
|
Financials (as on) : |
31.12.2010 |
|
|
|
|
Date of Incorporation : |
29.03.1984 |
|
|
|
|
Com. Reg. No.: |
HRB 11288 |
|
|
|
|
Legal Form : |
Private Limited Company |
|
|
|
|
Line of Business : |
Manufacture of other plastic products |
|
|
|
|
No. of Employees
: |
15 |
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 : |
123,000 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
PACPLAST GmbH
Company Address
Am Eichholz 7
D 42897 Remscheid
Telephone: 02191/9985-0
Telefax: 02191/9985-11
Homepage: www.pacplast.de
E-mail: info@pacplast.de
VAT no.
DE120774576
CONCLUSION
Business relations are permissible.
Synthesis
LEGAL FORM Private limited company
Date of foundation: 24.01.1984
Shareholders'
agreement: 24.01.1984
Registered on: 29.03.1984
Commercial Register: Local
court 42103 Wuppertal
under: HRB 11288
Share capital:
EUR 153,387.56
Shareholder
Sergio Heer
I - Florenz
Share: EUR 76,693.78
Shareholder:
Milena Thomas
Hindemithstr. 21
D 42857 Remscheid
born: 22.04.1956
née: Colani
Share: EUR 38,346.89
Shareholder:
Wolfgang Thomas
Hindemithstr. 21
D 42857 Remscheid
born: 04.03.1956
Share: EUR 38,346.89
Manager
Milena Thomas
Hindemithstr. 21
D 42857 Remscheid
having sole power of representation
born: 22.04.1956
née: Colani
Profession: Businessman
Nationality: Italian
Marital status: married
Further
functions/participations of Milena Thomas (Manager)
Shareholder:
GPS
Deutschland GmbH
Am Eichholz 7
D
42897 Remscheid
Legal
form: Private limited company
Share
capital: EUR 25,564.60
Share: EUR 12,782.30
Registered
on: 01.08.1990
Reg.
data: 42103 Wuppertal, HRB 11531
Manager:
Pap
DUE Verpackungen GmbH
Am
Eichholz 7
D 42897
Remscheid
Legal
form: Private limited company
Share
capital: EUR 40,000.00
Registered
on: 14.01.2004
Reg.
data: 42103 Wuppertal, HRB 14645
BUSINESS ACTIVITIES
Sectors
2229 Manufacture of other
plastic products
PARTICIPATIONS
Shareholder:
Pap
DUE Verpackungen GmbH
Am
Eichholz 7
D
42897 Remscheid
Legal form: Private limited
company
Company Status: active
Share
capital: EUR 40,000.00
Share: EUR 40,000.00
Reg. data:
14.01.2004
Local court 42103 Wuppertal
HRB 14645
Shareholder:
PACPLAST Thermoform GmbH
Am
Eichholz 7
D
42897 Remscheid
Legal
form: Private limited company
Company Status: active
Share
capital: EUR 77,500.00
Share: EUR 39,500.00
Reg. data: 20.03.1992
Local court 42103 Wuppertal
HRB 11610
FINANCIAL INFORMATION
Payment experience: within agreed terms
Negative information We have no negative information at hand.
Maximum credit: 123,000
EUR
Balance sheet year: 2010
REAL ESTATE
Type of ownership: Tenant
Address Am
Eichholz 7
D 42897 Remscheid
Real Estate of: Milena
Thomas
Type of ownership: Tenant
Address Hindemithstr.
21
D 42857 Remscheid
Land register documents were not available.
BANKERS
STADTSPARKASSE
REMSCHEID, REMSCHEID
Sort. code: 34050000, BIC: WELADEDRXXX
VOLKSBANK
REMSCHEID-SOLINGEN REMSCHEID-LENNEP, REMSCHEID
Sort. code: 34060094, BIC: VBRSDE33XXX
DEUTSCHE BANK,
REMSCHEID
Sort. code: 34070093, BIC: DEUTDEDW340
COMMERZBANK,
REMSCHEID
Sort. code: 34040049, BIC: COBADEFF340
FINANCIAL FIGURES
Turnover:
2010 EUR 6,152,000.00
Profit: 2010 EUR 26,197.00
Equipment: EUR 135,000.00
Ac/ts receivable: EUR 489,737.00
Liabillities: EUR 1,191,443.00
Total numbers of vehicles: 7
-
Passenger cars:
4
Employees: 15
-
thereof permanent staff: 9
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 [%]: 22.09
Liquidity ratio: 0.37
Return on total capital [%]: 1.61
Balance sheet ratios 01.01.2009 - 31.12.2009
Equity ratio [%]: 20.36
Liquidity ratio: 0.73
Return on total capital [%]: 4.37
Balance sheet ratios 01.01.2008 - 31.12.2008
Equity ratio [%]: 28.00
Liquidity ratio: 1.21
Return on total capital [%]: 5.00
Balance sheet ratios 01.01.2007 - 31.12.2007
Equity ratio [%]: 16.72
Liquidity ratio: 0.97
Return on total capital [%]: 6.63
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 1,778,492.04
Fixed assets
EUR 599,407.41
Intangible assets
EUR 28,756.00
Other / unspecified intangible assetsEUR 28,756.00
Tangible assets
EUR 376,516.00
Other / unspecified tangible assets
EUR 376,516.00
Financial assets EUR 194,135.41
Other / unspecified financial assets EUR 194,135.41
Current assets
EUR 1,173,028.61
Stocks
EUR 622,680.00
Accounts receivable EUR 489,737.12
Other debtors and assets
EUR 489,737.12
Liquid means
EUR 60,611.49
Remaining other assets
EUR 6,056.02
Accruals (assets)
EUR 6,056.02
LIABILITIES EUR 1,778,492.04
Shareholders' equity
EUR 337,880.75
Capital
EUR 153,387.56
Subscribed capital (share capital)
EUR 153,387.56
Balance sheet profit/loss (+/-)
EUR 184,493.19
Profit / loss brought forward
EUR 158,295.96
Annual surplus / annual deficit
EUR 26,197.23
Provisions
EUR 249,167.93
Liabilities
EUR 1,191,443.36
Other liabilities
EUR 1,191,443.36
Unspecified other liabilities
EUR 1,191,443.36
Type
of balance
sheet: Company balance sheet
Financial year: 01.01.2009 - 31.12.2009
ASSETS EUR 2,260,322.78
Fixed assets
EUR 637,220.41
Intangible assets
EUR 41,426.00
Other / unspecified intangible assetsEUR 41,426.00
Tangible assets
EUR 406,859.00
Other / unspecified tangible assets
EUR 406,859.00
Financial assets
EUR 188,935.41
Other / unspecified financial assets EUR 188,935.41
Current assets
EUR 1,617,594.42
Stocks EUR 677,716.00
Accounts receivable
EUR 735,700.60
Other debtors and assets
EUR 735,700.60
Liquid means
EUR 204,177.82
Remaining other assets
EUR 5,507.95
Accruals (assets)
EUR 5,507.95
LIABILITIES EUR 2,260,322.78
Shareholders' equity
EUR 311,683.52
Capital EUR 153,387.56
Subscribed capital (share capital)
EUR 153,387.56
Balance sheet profit/loss (+/-)
EUR 158,295.96
Profit / loss brought forward
EUR 60,497.69
Annual surplus / annual deficit
EUR 97,798.27
Provisions
EUR 576,487.00
Liabilities
EUR 1,372,152.26
Other liabilities
EUR 1,372,152.26
Unspecified other liabilities
EUR 1,372,152.26
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.49.65 |
|
UK Pound |
1 |
Rs.77.80 |
|
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.