MIRA INFORM REPORT

 

 

Report Date :

03.07.2012

 

IDENTIFICATION DETAILS

 

Name :

XXXLUTZ KG

 

 

Registered Office :

RomerstraBe 39, A-4600 Wels

 

 

Country :

Austria

 

 

Date of Incorporation :

02.12.2009

 

 

Com. Reg. No.:

FN 336561 v Wels

 

 

Legal Form :

Limited Liability Partnership

 

 

Line of Business :

Retail sale of household furniture in specialised stores

 

 

No. of Employees :

Not Available

 

 

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

 

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 – March 31st, 2012

 

Country Name

Previous Rating

(31.12.2011)

Current Rating

(31.03.2012)

Austria

A2

A2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 

Basic company information

 

Company name:

XXXLutz KG

Status:

active company

Locations:

RomerstraBe 39, A-4600 Wels

Phone:

0043 (0) 050 111 - 1000

Internet:

http://www.xxxlutz.at

Activities:

Onace 47592 85% Retail sale of household furniture in specialised stores

 

Onace 56101 15% Restaurants

General Assessment:

 

 

Model: CompanyScore

 

Very low risk

Recommendation:

In respect to solvency reasons, there is nothing to say against an establishment of

 

a business relationship.

Detail Assessment:

Payment

 

Payments are made according to conditions within agreed terms, using cash

 

discounts.

 

Assessment

 

Financial situation is good.

 

 

Collections

 

Date of collection order

Amount presently due

Amount presently paid

Collection status quo

since

2010-05-05

EUR 0,00

EUR 561,64

payment due to intervention

2010-07-13

Sums

EUR 0,00

EUR 561,64

 

 

 

Additional company information

 

Year of incorporation: 1945

 

Type of company:                  Wholesale and retail trade; repair of motor vehicles

Legal form:                            limited liability partnership since 2009-11-19

companies' house number:    FN 336561 v Wels

                                                       2009-12-02
Activities:

VAT number:                          ATU 65296645

number - Austrian National    9565779

 

Bank

 

Import

Country

 

 

 

Import

European Union

 

2012

 

 

Financial data

 

total turnover (total sales)

2011

 

(no figures known)

total turnover (total sales)

2010

 

(no figures known)

turnover (sales) - group

2011

EUR 2.800.000.000,00

(expected)

turnover (sales) - group

2010

EUR 2.700.000.000,00

(approx.)

total employees

2012

 

(no figures known)

 

 

Extraxt from the Companies' House:

firm (style):

1            XXXLutz KG

legal form:

1 Kommanditgesellschaft registered office:

1            politischer Gemeinde Wels

business adress:

1            RomerstraSe 3 9

4600 Wels

1      Gesellschaftsvertrag   vom 19.11.2009                                    001

1      Umwandlungsvertrag   vom 19.11.2009                                    002

1      Die Gesellschaft ist durch Umwandlung                                   003

gemaS §§ 1 ff UmwG aus der

Lutz Service GmbH

(FN 211978 h)

hervorgegangen.

 

general partner:

A

XXXLutz Verwaltungs GmbH

1

vertritt seit 02.12.2009 selbstandig

B

Julia Fronik,  geb. 11.06.1981

2

vertritt seit 01.07.2010 gemeinsam mit

 

einem weiteren unbeschrankt haftenden Gesellschafter

 

Limited Partners

 

 

C

WSF Privatstiftung

 

 

1

E

LSW GmbH

                                                              EUR

25.000.000

3

 

 

                                                              EUR

25.000.000

3

 

Rechtsnachfolge nach LSW Privatstiftung (FN 137289 x)

hinsichtlich eines Betrages von

EUR 25.000.000,--

001

 

 

 

Landesgericht Wels

1      eingetragen am 02.12.2009  Geschaftsfall    27 Fr    3720/09 a

Antrag auf Neueintragung einer Firma    eingelangt am 23.11.2009

2      eingetragen am 09.07.2010  Geschaftsfall    27 Fr    2019/10 h

Antrag auf Anderung    eingelangt am 07.07.2010

3      eingetragen am 06.01.2011  Geschaftsfall    27 Fr    4171/10 y

Antrag auf Anderung    eingelangt               27.12.2010

 

 

 

Real Estate

 

No Real estate property registered

 

 

Private Data

 

Surname

Date of birth

Address

Executive positions

Further executive positions (as registered in the companies' house)

Julia Fronik

1981-06-11     3730 Eggenburg Leinwandbleiche 4

general partner

0

 

 

Locations

 

Type

Locations

Description

 

Phone

 

operational

RomerstraBe 39, A-4600 Wels

registered office

operational

RomerstraBe 39, A-4600 Wels

registered headquarters, rented premises

 

0043 0 050 1111000

 

 

 

related companies

 

Company name

Postal code

Stake in %

number

Companies House

Shares in this company are held by:

WSF Privatstiftung

RomerstraBe 39, A-4600 Wels

2009-12-02

718.785

FN 137292 a

 

 

LSWGmbH

RomerstraBe 39, A-4600 Wels

2011-01-06

1.459.913

FN 272503 s

XXXLutz Verwaltungs GmbH

RomerstraBe 39, A-4600 Wels

2009-12-02

1.694.643

FN 335101 x

 

 

 

1            XXXLutz Verwaltungs GmbH

1            Gesellschaft mit beschrankter Haftung

1            EUR 35.000

1            Die Gesellschaft wird, wenn mehrere Geschaftsfuhrer

bestellt sind, durch zwei Geschaftsfuhrer gemeinsam oder durch einen von ihnen gemeinsam mit einem Prokuristen vertreten,  soferne die Generalversammlung nicht einzelnen Geschaftsfuhrern Alleinvertretungsmacht einraumt. 1      Gesellschaftsvertrag   vom 16.10.2009 001 4      Generalversammlungsbeschluss    vom 15.03.2011 002

Anderung des Gesellschaftsvertrages im Punkt Achtens. 6      Generalversammlungsbeschluss    vom 26.04.2012 003

Anderung des Gesellschaftsvertrages in Punkt Funftens. 6      Generalversammlungsbeschluss    vom 26.04.2012 004 Anderung des Gesellschaftsvertrages in Punkt Sechstens.

E     Mag.  Roland Werner,  geb. 27.06.1973

1                                vertritt seit 28.10.2009 gemeinsam mit

dem Geschaftsfuhrer Dr.  Richard Seifert oder dem Geschaftsfuhrer Dr. Andreas Seifert G     Mag.  Christine Klambauer,  geb. 10.05.1963

2                                vertritt seit 10.03.2010 gemeinsam mit

dem Geschaftsfuhrer Dr.  Richard Seifert oder
dem Geschaftsfuhrer Dr. Andreas Seifert
H     Mag.  Stefan Haslinger,  geb. 08.07.1973
2                vertritt seit 10.03.2010 gemeinsam mit

dem Geschaftsfuhrer Dr.  Richard Seifert oder dem Geschaftsfuhrer Dr. Andreas Seifert

C     Dr.  Richard Seifert,  geb. 08.12.1949
1                vertritt seit 28.10.2009 gemeinsam mit

einem weiteren Geschaftsfuhrer oder einem Prokuristen D     Dr. Andreas Seifert,  geb. 24.10.1954

1                                vertritt seit 28.10.2009 gemeinsam mit

einem weiteren Geschaftsfuhrer oder einem Prokuristen F     Walter Kaltenecker,  geb. 19.08.1955

2                                vertritt seit 10.03.2010 gemeinsam mit

dem Geschaftsfuhrer Dr.  Richard Seifert oder dem Geschaftsfuhrer Dr. Andreas Seifert

A     WSF Privatstiftung

1                                 .... EUR 17.500

1                                                               .... EUR 17.500

B     LSW Privatstiftung

1 .................................... EUR 17.500

1 ................................................................... EUR 17.500

Summen:               EUR 35.000                     EUR 35.000

 

 

 

This Company Holds 100% of the shares in:

 

RAKS Service GMBH

 

Romerstrabe 39, A 4600Wels

100% 2011-09-06

7.066.817

FN367634p

 

This Company Holds 50% to 99 % of the shares in:

 

RAS Beteiligungs GmbH

KelsenstraBe 9, A-1030 Wien

99.5 % 2011-03-22

3.188

FN 94005 v

RAS Beteiligungs GmbH

KelsenstraBe 9, A-1030 Wien

99.5 % 2011-03-22

3.188

FN 94005 v

 

Affiliated companies and further participations:

RAS Beteiligungs GmbH

KelsenstraBe 9, A-1030 Wien

 

3.188

FN 94005 v

XXXLutz-IMSE GmbH

RomerstraBe 39, A-4600 Wels

 

61.124

FN 92165 m

ARS-Immobilien GmbH

RomerstraBe 39, A-4600 Wels

 

104.641

FN 64635 b

ARL-Leasing GmbH

RomerstraBe 39, A-4600 Wels

 

468.067

FN 99902 s

RS Holding GmbH

RomerstraBe 39, A-4600 Wels

 

716.109

FN 137371 t

XLCEE-Holding GmbH

RomerstraBe 39, A-4600 Wels

 

1.341.350

FN 246864 k

XXXLutz-AT GmbH

RomerstraBe 39, A-4600 Wels

 

1.385.647

FN 256478 z

XLD-Holding GmbH

RomerstraBe 39, A-4600 Wels

 

1.385.651

FN 256502 i

AWF Immobilien GmbH

RomerstraBe 39, A-4600 Wels

 

1.437.089

FN 265145w

XLCZ-Holding GmbH

RomerstraBe 39, A-4600 Wels

 

1.526.817

FN 286695 k

XXXLutz Marken GmbH

RomerstraBe 39, A-4600 Wels

 

1.546.755

FN 291495w

Mobelix GmbH

RomerstraBe 39, A-4600 Wels

 

1.583.428

FN 300975 k

Momax GmbH

RomerstraBe 39, A-4600 Wels

 

1.583.429

FN 300976 m

XXXLutz Logistik GmbH

RomerstraBe 39, A-4600 Wels

 

1.658.766

FN 323564 f

XXXL Einkaufsverwaltungs GmbH

RomerstraBe 39, A-4600 Wels

 

7.028.381

FN 359076 d

 

Banker

 

Banker

Bank sort code

Type of banking connection

UniCredit Bank Austria AG, 4601 Wels

11000

main bank connection

Oberbank AG, 4600 Wels

15000

main bank connection

 

 

Historical development

 

Year of incorporation:

1945

Date of registration:

2009-12-02

 

 

Former shareholders:

From

To

Function

Name

2009-12-02

2011-01-06

limited partner

LSW Privatstiftung

 

 

Mergers:

Date

Function

Name

2009-12-02

merged with

Lutz Service GmbH

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.55.83

UK Pound

1

Rs.87.41

Euro

1

Rs.70.43

 

 

INFORMATION DETAILS

 

Report Prepared by :

PRL

 

 

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.