MIRA INFORM REPORT

 

 

Report Date :

20.06.2012

 

IDENTIFICATION DETAILS

 

Name :

GERMAN PARTNER CONSULTING GMBH

 

 

Registered Office :

Westparkstr. 30, D 47803 Krefeld

 

 

Country :

Germany

 

 

Financials (as on) :

31.12.2010

 

 

Year of Establishment :

1988

 

 

Com. Reg. No.:

HRB 3910

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Agents involved in the sale of machines (except agricultural machinery and office machinery) and industrial supplies

 

 

No. of Employees :

03

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

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

 

GERMAN Partner Consulting GmbH

 

 

Communication data

 

Main address

Westparkstr. 30

D 47803 Krefeld

 

Telephone:                  02151/611638

Telefax:                       02151/802813

Homepage:                  www.used-machines.de

E-mail:                                     gpc@used-machines.de

Tax ID number:            117/5812/0494

VAT no.:                       DE120152148

 

 

Legal form

 

Legal form:

Private limited company

Date of foundation:

1988

Registered on:

11.08.1989

Commercial Register:

Local court 47798 Krefeld, HRB 3910

Share capital:

51,129.19 EUR

 

 

Shareholder

 

Peter Hoff

Share:

26,075.89 EUR

Botzweg 32

 

 

D 47839 Krefeld

 

 

born:

16.04.1946

 

 

Shareholder

 

 

Bernard Cervi

Share:

25,053.30 EUR

Hermann-Schumacher-Str. 4

 

 

D 47804 Krefeld

 

 

born:

1950

 

 

 

 

Manager

 

Peter Hoff

Profession:

graduate engineer

Botzweg 32

Marital status:

single

D 47839 Krefeld

 

having sole power of representation

 

born:

16.04.1946

 

 

Manager

 

 

Bernard Cervi

Marital status:

single

Hermann-Schumacher-Str. 4

 

 

D 47804 Krefeld

 

 

having sole power of representation

 

 

born:

1950

 

 

 

 

Company history

 

 

from

to

 

11.08.1989

1999

GERMAN Partner Consulting GmbH,

Ostwall 52a D 47798 Krefeld

Private limited company

2000

31.01.2002

GERMAN Partner Consulting GmbH,

Wahlerstr. 10 D 40472 Dusseldorf

Private limited company

 

 

Business activities / Sectors

 

Sectors

46141

Agents involved in the sale of machines (except agricultural machineryand office machinery) and industrial supplies n.e.c.

 

 

Bankers

 

Sort. code                    Bank name/place                                BIC

32070080                      DEUTSCHE BANK, KREFELD                DEUTDEDD320

 

 

Financial figures

 

Profit

2010

-4,155.00 EUR

Ac/ts receivable

 

150,848.00 EUR

Liabilities

 

667,260.00 EUR

Total numbers of vehicles

 

2

Employees

 

3

 

 

Financial information

 

Payment experience:              within agreed terms

Negative information:              We have no negative information at hand.

Balance sheet year:                 2010

 

Balance sheets - Company balance sheet (continued)

 

Financial year

01.01.2010 - 31.12.2010

01.01.2009 - 31.12.2009

 

 

EUR

EUR

Var. in %

 

ASSETS

720,910.99

2,050,108.49

-64.8

Fixed assets

5,478.50

5,332.50

2.7

Intangible assets

0.50

0.50

0.0

Other / unspecified intangible assets

0.50

 

Tangible assets

5,478.00

5,332.00

2.7

Other / unspecified tangible assets

5,478.00

 

Current assets

714,320.49

2,043,895.99

-65.1

Stocks

43,573.00

1,751,420.00

-97.5

Accounts receivable

150,848.23

159,936.69

-5.7

Other debtors and assets

150,848.23

 

Liquid means

519,899.26

132,539.30

292.3

Remaining other assets

1,112.00

880.00

26.4

Accruals (assets)

1,112.00

880.00

26.4

LIABILITIES

720,910.99

2,050,108.49

-64.8

Shareholders' equity

50,650.81

54,806.30

-7.6

Capital

51,129.19

51,129.19

0.0

Subscribed capital (share capital)

51,129.19

51,129.19

0.0

Balance sheet profit/loss (+/-)

-478.38

3,677.11

-113.0

Profit / loss brought forward

3,677.11

162,152.76

-97.7

Annual surplus / annual deficit

-4,155.49

-158,475.65

97.4

Provisions

3,000.00

3,000.00

0.0

Liabilities

667,260.18

1,992,302.19

-66.5

Other liabilities

667,260.18

 

 

Unspecified other liabilities

667,260.18

 

 

 

 

Real estate

 

Real Estate

Type of ownership

Tenant

Address

Westparkstr. 30

 

D 47803 Krefeld

 

Type of ownership

unknown

Address

Botzweg 32

 

D 47839 Krefeld

 

Type of ownership

unknown

Address

Hermann-Schumacher-Str. 4

 

D 47804 Krefeld

Land register documents were not available.

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.56.01

UK Pound

1

Rs.87.85

Euro

1

Rs.70.54

 

INFORMATION DETAILS

 

Report Prepared by :

MNL

 

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.