MIRA INFORM REPORT

 

 

Report Date :

02.06.2012

 

IDENTIFICATION DETAILS

 

Name :

SCHNEIDER-FAHRZEUG- UND CONTAINERTECHNIK GMBH

 

 

Registered Office :

Brockhagener Str. 92, D 33649 Bielefeld

 

 

Country :

Germany

 

 

Financials (as on) :

31.12.2010

 

 

Date of Incorporation :

1983

 

 

Com. Reg. No.:

HRB 32036

 

 

Legal Form :

Private limited company

 

 

Line of Business :

Manufacture of other parts and accessories for motor vehicles

 

 

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)

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

 

Schneider-Fahrzeug- und Containertechnik GmbH

Brockhagener Str. 92

D 33649 Bielefeld

Telephone:0521/4173120

Telefax:  0521/417312-90

Homepage: www.schneider-fc.com

E-mail:   info@schneider-fc.de

 

 

VAT no            

 

DE126949055

 

 

Company details

 

LEGAL FORM                           Private limited company

Date of foundation:                     1983

Shareholders' agreement:           06.12.1983

Registered on:                            04.03.1992

Commercial Register:                 Local court 33602 Bielefeld

under:                                        HRB 32036

Share capital:                            EUR            500,000.00

 

 

Shareholder

 

Horst Schneider

Raymondstr. 11

D 33647 Bielefeld

born: 11.07.1940

Share:             EUR            150,000.00

 

Shareholder:

Bernhardine Schneider

Raymondstr. 11

D 33647 Bielefeld

born: 21.12.1940

née: Kock

Share:             EUR            150,000.00

 

Shareholder:

Andrea Schneider

Hermann-Löns-Str. 13

D 41238 Mönchengladbach

Share:             EUR            100,000.00

 

Shareholder:

Kerstin Schneider

D 42781 Haan

Share:             EUR            100,000.00

 

 

Manager

 

Horst Schneider

Raymondstr. 11

D 33647 Bielefeld

having sole power of representation

born: 11.07.1940

Profession: Businessman

Marital status: married

 

Manager:

Thomas Schneider

Ziehrerstr. 12

D 33647 Bielefeld

having sole power of representation

born: 17.02.1967

 

 

Further functions/participations of Thomas Schneider (Manager)

 

Shareholder:

Aluteam Fahrzeugtechnik GmbH

Brockhagener Str. 88

D 33649 Bielefeld

Legal form: Private limited company

Share capital:     EUR            500,000.00

Share:             EUR            500,000.00

Registered

on:         01.06.2006

Reg. data:  33602 Bielefeld, HRB 38683

 

Manager:

Aluteam Fahrzeugtechnik GmbH

Brockhagener Str. 88

D 33649 Bielefeld

Legal form: Private limited company

Share capital:     EUR            500,000.00

Registered

on:         01.06.2006

Reg. data:  33602 Bielefeld, HRB 38683

 

 

COMPANY HISTORY

 

16.01.1984 - 01.01.1986  Schneider Nutzfahrzeugteile Gesellschaft

mit beschränkter Haftung

Grabenkamp 27

D 33649 Bielefeld

Private limited company

01.01.1986 - 04.03.1992  Schneider Nutzfahrzeugteile Gesellschaft

mit beschränkter Haftung

Stadtring 77

D 33647 Bielefeld

Private limited company

 

 

BUSINESS ACTIVITIES

 

Sectors

29320   Manufacture of other parts and accessories for motor

vehicles

45310   Wholesale trade in motor vehicle parts and accessories

45320   Retail trade in motor vehicle parts and accessories

71122   Engineering activities in the field of technical sectoral

planning andengineering design

 

 

FINANCIAL INFORMATION

 

Payment experience:  takes advantage of cash discount

 

Negative information:We have no negative information at hand.

 

Balance sheet year:  2010

 

 

REAL ESTATE

 

Type of ownership:   proprietor

Share:                100.00 %

Address              Brockhagener Str. 92

D 33649 Bielefeld

 

Land register documents were not available.

 

 

BANKERS

 

SPARKASSE BIELEFELD, BIELEFELD

Sort. code: 48050161, BIC: SPBIDE3BXXX

 

 

FINANCIAL FIGURES

 

Turnover:            2010               EUR          5,400,000.00

Ac/ts receivable:                       EUR            418,590.00

Liabillities:                           EUR            396,518.00

Employees:                                                     15

 

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 [%]:                 56.13

Liquidity ratio:                  10.00

Balance sheet grade:                2.2

 

Balance sheet ratios 01.01.2009 - 31.12.2009

Equity ratio [%]:                 59.84

Liquidity ratio:                  10.00

Return on total capital [%]:       0.13

Balance sheet grade:                2.1

 

Balance sheet ratios 01.01.2008 - 31.12.2008

Equity ratio [%]:                 50.30

Liquidity ratio:                   1.01

Return on total capital [%]:      -2.57

Balance sheet grade:                2.9

 

Balance sheet ratios 01.01.2007 - 31.12.2007

Equity ratio [%]:                 43.65

Liquidity ratio:                   1.43

Return on total capital [%]:       6.71

Balance sheet grade:                2.1

 

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.

Type of balance

sheet:               Company balance sheet

 

Financial year:      01.01.2010 - 31.12.2010

 

ASSETS                                  EUR          3,220,667.68

 Fixed assets                           EUR          1,667,683.77

  Intangible assets                     EUR              6,224.00

   Other / unspecified intangible assetsEUR              6,224.00

  Tangible assets                       EUR            549,739.60

   Other / unspecified tangible assets  EUR            549,739.60

  Financial assets                      EUR          1,111,720.17

   Other / unspecified financial assets EUR          1,111,720.17

 Current assets                         EUR          1,552,069.58

  Stocks                                EUR            570,474.74

  Accounts receivable                   EUR            418,589.67

   Other debtors and assets             EUR            418,589.67

  Liquid means                          EUR            563,005.17

 Remaining other assets                 EUR                914.33

  Accruals (assets)                     EUR                914.33

 

LIABILITIES                             EUR          3,220,667.68

 Shareholders' equity                   EUR          1,808,993.17

  Capital                               EUR            500,000.00

   Subscribed capital (share capital)   EUR            500,000.00

  Reserves                              EUR            750,000.00

   Retained earnings / revenue reserves EUR            750,000.00

  Balance sheet profit/loss (+/-)       EUR            558,993.17

   Balance sheet profit / loss          EUR            558,993.17

 Provisions                             EUR          1,015,157.00

 Liabilities                            EUR            396,517.51

  Other liabilities                     EUR            396,517.51

   Unspecified other liabilities        EUR            396,517.51

    thereof liabilities from tax /

    financial authorities               EUR             66,866.64

 

Type of balance

sheet:               Company balance sheet

 

Financial year:      01.01.2009 - 31.12.2009

 

ASSETS                                  EUR          3,015,814.09

 Fixed assets                           EUR          1,686,102.77

  Intangible assets                     EUR             21,582.00

   Other / unspecified intangible assetsEUR             21,582.00

  Tangible assets                       EUR            552,800.60

   Other / unspecified tangible assets  EUR            552,800.60

  Financial assets                      EUR          1,111,720.17

   Other / unspecified financial assets EUR          1,111,720.17

 Current assets                         EUR          1,327,325.25

  Stocks                                EUR            640,231.45

  Accounts receivable                   EUR            384,204.14

   Other debtors and assets             EUR            384,204.14

  Liquid means                          EUR            302,889.66

 Remaining other assets                 EUR              2,386.07

  Accruals (assets)                     EUR              2,386.07

 

LIABILITIES                             EUR          3,015,814.09

 Shareholders' equity                   EUR          1,808,932.19

  Capital                               EUR            500,000.00

   Subscribed capital (share capital)   EUR            500,000.00

  Reserves                              EUR            750,000.00

   Retained earnings / revenue reserves EUR            750,000.00

  Balance sheet profit/loss (+/-)       EUR            558,932.19

   Balance sheet profit / loss          EUR            558,932.19

 Provisions                             EUR            879,643.00

 Liabilities                            EUR            327,238.90

  Other liabilities                     EUR            327,238.90

   Unspecified other liabilities        EUR            327,238.90

    thereof liabilities from tax /

    financial authorities               EUR             39,732.91
 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.55.91

UK Pound

1

Rs.86.03

Euro

1

Rs.69.12

 

 

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.