MIRA INFORM REPORT
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Report Date : |
31.01.2012 |
IDENTIFICATION DETAILS
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Name : |
MEIROW + KLINK GMBH |
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Registered Office : |
Lameystr. 74, D 75173 Pforzheim |
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Country : |
Germany |
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Financials (as on) : |
30.06.2010 |
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Date of Incorporation : |
26.11.1975 |
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Com. Reg. No.: |
HRB 500624 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
Agents involved in the sale of other goods |
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No. of Employees
: |
04 |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Maximum Credit Limit : |
8,500 EUR |
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Status : |
Moderate |
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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 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 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
Company name
Meirow + Klink GmbH
Company address
Lameystr. 74
D 75173 Pforzheim
Telephone: 07231/3197-0
Telefax: 07231/313430
Homepage: www.meirowklink.de
E-mail: info@meirowklink.de
VAT no.
DE144193070
CONCLUSION
Business relations are permissible.
Synthesis
LEGAL FORM Private limited company
Date of foundation: 02.10.1975
Shareholders'
agreement: 02.10.1975
Registered on: 26.11.1975
Commercial Register: Local
court 68159 Mannheim
under: HRB
500624
Share capital:
EUR 520,000.00
Shareholder
Roland Klink
Lameystr. 74
D 75173 Pforzheim
Share: EUR 260,000.00
Shareholder:
Marc Igal Meirow
D 75172 Pforzheim
Share: EUR 260,000.00
Manager
Roland Klink
Lameystr. 74
D 75173 Pforzheim
Profession: Businessman
Proxy
Carmen Schumacher
D 71634 Ludwigsburg
having sole power of representation
born: 07.02.1969
née: Rieker
COMPANY HISTORY
26.11.1975 -
25.08.2009 Diamanten Meirow GmbH
D 75172 Pforzheim
Private limited company
26.08.2009 - 2010 Meirow + Klink GmbH
Westl.
Karl-Friedrich-Str. 92
D 75172 Pforzheim
Private limited company
BUSINESS ACTIVITIES
Sectors
4618 Agents involved in
the sale of other goods
46480 Wholesale of clocks
and watches and jewelry
FINANCIAL INFORMATION
Payment experience: within
agreed terms
Negative information:We have
no negative information at hand.
Maximum credit: 8,500 EUR
Balance sheet year:
2009/2010
REAL ESTATE
Type of ownership: Tenant
Address Lameystr. 74
D 75173 Pforzheim
Land register documents were not available.
BANKERS
SPARKASSE PFORZHEIM CALW, PFORZHEIM
Sort. code: 66650085, BIC: PZHSDE66XXX
FINANCIAL FIGURES
Turnover: 2011 EUR 500,000.00
Ac/ts receivable: EUR 1,917,852.00
Liabillities: EUR 4,359,874.00
Total numbers of vehicles: 2
Employees:
4
The
aforementioned business figures may partly be estimated information based on
average values in the line of business.
BALANCE SHEETS
Balance sheet ratios 01.07.2009 - 30.06.2010
Equity ratio [%]: 13.02
Liquidity ratio: 0.44
Return on total capital [%]: 1.95
Balance
sheet ratios 01.07.2008 - 30.06.2009
Equity ratio [%]: 16.28
Liquidity ratio: 0.62
Return on total capital [%]: -10.22
Balance sheet ratios 01.07.2007 - 30.06.2008
Equity ratio [%]: 24.00
Liquidity
ratio: 0.48
Return on total capital [%]: 1.00
Balance sheet ratios 01.07.2006 - 30.06.2007
Equity ratio [%]: 26.31
Liquidity ratio: 0.65
Return on total capital [%]: 1.19
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: 01.07.2009 - 30.06.2010
ASSETS EUR 5,034,341.96
Fixed assets
EUR 14,944.00
Tangible assets
EUR 14,944.00
Other / unspecified tangible assets
EUR 14,944.00
Current assets
EUR 5,017,397.96
Stocks
EUR 3,050,323.00
Accounts receivable
EUR 1,917,852.11
Other debtors and assets
EUR 1,917,852.11
Liquid means
EUR 49,222.85
Remaining other assets
EUR 2,000.00
Accruals (assets)
EUR 2,000.00
LIABILITIES EUR 5,034,341.96
Shareholders' equity EUR 655,467.30
Capital
EUR 520,000.00
Subscribed capital (share capital)
EUR 520,000.00
Balance sheet profit/loss (+/-)
EUR 135,467.30
Balance sheet profit / loss
EUR 135,467.30
Provisions
EUR 19,000.00
Liabilities
EUR 4,359,874.66
Other liabilities
EUR 4,359,874.66
Unspecified other liabilities EUR 4,359,874.66
Type
of balance
sheet: Company balance sheet
Financial year: 01.07.2008 - 30.06.2009
ASSETS EUR 3,370,289.82
Fixed assets
EUR 20,031.00
Tangible assets
EUR 20,031.00
Current assets
EUR 3,348,258.82
Stocks
EUR 1,623,058.00
Accounts receivable EUR 1,722,075.18
Liquid means
EUR 3,125.64
Remaining other assets
EUR 2,000.00
Accruals (assets)
EUR 2,000.00
LIABILITIES EUR 3,370,289.82
Shareholders' equity
EUR 548,648.87
Capital
EUR 511,291.88
Subscribed capital (share capital)
EUR 511,291.88
Balance sheet profit/loss (+/-)
EUR 37,356.99
Balance sheet profit / loss
EUR 37,356.99
Provisions
EUR 21,720.00
Liabilities EUR 2,799,920.95
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.49.50 |
|
UK Pound |
1 |
Rs.77.74 |
|
Euro |
1 |
Rs.65.19 |
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 |
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NB |
New Business |
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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.