MIRA INFORM REPORT

 

 

Report Date :

07.07.2012

 

IDENTIFICATION DETAILS

 

Name :

CENTERLINE MODEVERTRIEBS GMBH

 

 

Registered Office :

Artlandstr. 73, D 49610 Quakenbrück

 

 

Country :

Germany

 

 

Date of Incorporation :

25.05.1988

 

 

Com. Reg. No.:

HRB 19897

 

 

Legal Form :

Private limited company

 

 

Line of Business :

Manufacture of made-up textiles

 

 

No. of Employees :

18

 

 

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 :

Moderate

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)

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 and address

 

Centerline Modevertriebs GmbH

Artlandstr. 73

D 49610 Quakenbrück

Telephone:05431/188100

Telefax:  05431/188101

Homepage: www.jck.de

E-mail:   info@centerline.de

 

 

VAT no         

 

DE811485011

 

 

 CONCLUSION

 

 Business relations are permissible.

 

 

Company details

 

LEGAL FORM                           Private limited company

Date of foundation:                     25.05.1988

Begin of business activities:       05.07.1993

Shareholders' agreement:           25.05.1988

Registered on:                           05.07.1993

Commercial Register:                 Local court 49074 Osnabrück

under:                                                   HRB 19897

Share capital:                            EUR             25,564.59

 

 

 Shareholder

 

                      JCK Holding GmbH Textil KG

                      Artlandstr. 73

                      D 49610 Quakenbrück

                      Post Box:

                      12 51,  Quakenbrück

                      Legal form: Ltd partnership with priv. ltd.

                      company as general partner

                      Total cap.         EUR          5,049,918.75

                      contribution:

                      Share:             EUR             25,564.59

                      Registered on: 26.05.1992

                      Reg. data: 49074 Osnabrück, HRA 7104

                      Profit transfer agreement

 

 

 Manager

 

                      Udo Elbrechter

                      D 49413 Dinklage

                      born: 29.07.1954

                      Profession: Businessman

 Manager:

                      Detlev Gehring

                      Friedrich-Ebert-Str. 26

                      D 49610 Quakenbrück

                      born: 15.08.1955

                      Profession: Fully qualified merchant

 

 

 Proxy

 

                      Theodor Vogel

                      D 49610 Quakenbrück

                      born: 05.09.1949

                      Profession: Fully qualified merchant

 

 

 Further functions/participations of Detlev Gehring (Manager)

 

 Manager:

                      Seibold Textilvertriebsgesellschaft mbH

                      Bunsenstr. 9

                      D 68519 Viernheim

                      Legal form: Private limited company

                      Share capital:     EUR            792,502.42

                      Registered

                      on:         13.06.1988

                      Reg. data:  64283 Darmstadt, HRB 60888

 Manager:

                      MEGANOVA-Modevertriebs-GmbH

                      Artlandstr. 73

                      D 49610 Quakenbrück

                      Legal form: Private limited company

                      Share capital:     EUR             25,564.59

                      Registered

                      on:         08.02.1990

                      Reg. data:  49074 Osnabrück, HRB 20414

 Manager:

                      IVA Immobilien Verwaltung Artland

                      Beteiligungs GmbH

                      Artlandstr. 73

                      D 49610 Quakenbrück

                      Legal form: Private limited company

                      Share capital:     EUR             25,564.59

                      Registered

                      on:         06.01.1984

                      Reg. data:  49074 Osnabrück, HRB 19872

 Manager:

                      G. Güldenpfennig Gesellschaft mit

                      beschränkter Haftung

                      Artlandstr. 73

                      D 49610 Quakenbrück

                      Post Box:

                      1251, D 49602 Quakenbrück

                      Legal form: Private limited company

                      Share capital:     EUR          1,073,712.95

                      Registered

                      on:         16.07.1976

                      Reg. data:  49074 Osnabrück, HRB 19801

 Manager:

                      JCK Holding GmbH

                      Artlandstr. 73

                      D 49610 Quakenbrück

                      Legal form: Private limited company

                      Share capital:     EUR             25,564.60

                      Registered

                      on:         25.05.1992

                      Reg. data:  49074 Osnabrück, HRB 19888

 Manager:

                      Gustav Daiber GmbH

                      Vor dem Weißen Stein 25-31

                      D 72461 Albstadt

                      Legal form: Private limited company

                      Share capital:     EUR            255,645.94

                      Registered

                      on:         08.08.1990

                      Reg. data:  70190 Stuttgart, HRB 400758

 Manager:

                      Quakenbrücker Textil Logistik GmbH

                      Artlandstr. 73

                      D 49610 Quakenbrück

                      Legal form: Private limited company

                      Share capital:     EUR             25,564.59

                      Registered

                      on:         24.05.1993

                      Reg. data:  49074 Osnabrück, HRB 20397

 Manager:

                      TE HA GE Textilhandelsgesellschaft mbH

                      Artlandstr. 73

                      D 49610 Quakenbrück

                      Legal form: Private limited company

                      Share capital:     EUR             51,129.19

                      Registered

                      on:         21.06.2006

                      Reg. data:  49074 Osnabrück, HRB 20647

 Manager:

                      medico sports fashion GmbH

                      Artlandstr. 73

                      D 49610 Quakenbrück

                      Legal form: Private limited company

                      Share capital:     EUR             26,000.00

                      Registered

                      on:         05.07.2007

                      Reg. data:  49074 Osnabrück, HRB 19976

 Manager:

                      JCK Verwaltungs GmbH

                      Artlandstr. 73

                      D 49610 Quakenbrück

                      Legal form: Private limited company

                      Share capital:     EUR             25,000.00

                      Registered

                      on:         23.02.1995

                      Reg. data:  49074 Osnabrück, HRB 20839

 Manager:

                      Zandrotex Fashion GmbH

                      Artlandstr. 73

                      D 49610 Quakenbrück

                      Legal form: Private limited company

                      Share capital:     EUR             77,000.00

                      Registered

                      on:         21.12.2005

                      Reg. data:  49074 Osnabrück, HRB 200158

 

 

 Member of the Supervisory Board

 

                      Ambulantes Gesundheitszentrum Artland gGmbH

                      Schiphorst 2

                      D 49610 Quakenbrück

                      Legal form: Private limited company

                      Share capital:     EUR             26,000.00

                      Registered

                      on:         28.12.1995

                      Reg. data:  49074 Osnabrück, HRB 20443

 

 

 BUSINESS ACTIVITIES

 

 Sectors

 13920   Manufacture of made-up textiles (except apparel)

46421   Wholesale of clothing

 

 

 FINANCIAL INFORMATION

 

  Payment experience:  within agreed terms

 

 Negative information:We have no negative information at hand.

 

 

 REAL ESTATE

 

 Type of ownership:   Tenant

 Address   Artlandstr. 73

D 49610 Quakenbrück

 

 Real Estate of:      Detlev Gehring

 Type of ownership:   proprietor

 Share: 100.00 %

 Address Friedrich-Ebert-Str. 26

D 49610 Quakenbrück

 

 Land register documents were not available.

 

 

 BANKERS

 

 DEUTSCHE BANK, OSNABRÜCK

 Sort. code: 26570090, BIC: DEUTDE3B265

 

 

FINANCIAL FIGURES

 

 Financial year:      01.01. - 31.12.

 Turnover:            2010               EUR         22,000,000.00

                      2011               EUR         21,500,000.00

 further business figures:

 Share capital:                          EUR             25,564.59

 Equipment:                              EUR            162,000.00

 Ac/ts receivable:                       EUR            297,000.00

 Liabilities:                            EUR            576,000.00

 Employees:                                                     18

 

 Profit transfer agreement to:

                      JCK Holding GmbH Textil KG

                      Artlandstr. 73

                      D 49610 Quakenbrück

                      Post Box:

                      12 51,  Quakenbrück

 

The aforementioned business figures may partly be estimated information based on average values in the line of business.

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.55.41

UK Pound

1

Rs.86.04

Euro

1

Rs.68.60

 

 

INFORMATION DETAILS

 

Report Prepared by :

PDT

 

 

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.