MIRA INFORM REPORT

 

 

 

 

Report Date :

30.06.2012

 

IDENTIFICATION DETAILS

 

Name :

M. BRAUN INERTGAS-SYSTEME GMBH

 

 

Registered Office :

Dieselstr. 31, D 85748 Garching

 

 

Country :

Germany

 

 

Date of Incorporation :

01.01.1973

 

 

Com. Reg. No.:

HRB 51084

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Manufacturer of instruments and appliances for measuring, testing and navigation

 

 

No. of Employees :

50

 

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

 

M. Braun Inertgas-Systeme GmbH

 

 

Company address

 

Dieselstr. 31

D 85748 Garching

Telephone:        089/326690

Telefax:             089/32669105

Homepage:        www.mbraun.de

E-mail:              info@mbraun.de

 

 

VAT no

 

DE129406284

 

 

CONCLUSION

 

Business relations are permissible.

 

 

Synthesis

 

LEGAL FORM               Private limited company

Date of foundation:         01.01.1973

Shareholders'

agreement:                    13.07.1976

Registered on:               28.07.1976

Commercial Register:     Local court 80797 München

under:                                       HRB 51084

Share capital:                 EUR          1,000,000.00

 

 

Shareholder

 

INDUS Holding Aktiengesellschaft

Kölner Str. 32

D 51429 Bergisch Gladbach

Legal form: Public limited company

Share capital:     EUR         57,792,116.42

Share:             EUR          1,000,000.00

Registered on: 10.10.1991

Reg. data: 50939 Köln, HRB 46360

 

 

Manager

 

Dr. Martin Reinelt

D 50668 Köln

having sole power of representation

born: 09.11.1953

Marital status: married

 

 

Proxy

 

Dr. Thomas Bultmann

D 85748 Garching

authorized to jointly represent the company

born: 13.10.1964

 

Proxy:

Jürgen Georg Czupski

D 85748 Garching

authorized to jointly represent the company

born: 09.01.1959

 

Proxy:

Gerd Wolfgang Friedemann

D 84544 Aschau

authorized to jointly represent the company

born: 30.12.1951

 

 

COMPANY HISTORY

 

 01.01.1973 - 28.07.1976  Michael Braun

                          Gutenbergstr. 3

                          D 85748 Garching

                          Unregistered commercial enterprise

 28.07.1976 - 03.06.2002  M. Braun Labortechnische Geräte

                          Gesellschaft mit beschränkter Haftung

                          Gutenbergstr. 3

                          D 85748 Garching

                          Private limited company

 03.06.2002 - 03.07.2002  M. Braun Inertgas-Systeme GmbH

                          Gutenbergstr. 7

                          D 85748 Garching

                          Private limited company

 03.07.2002 - 18.10.2010  M. Braun Inertgas-Systeme GmbH

                          Dieselstr. 31

                          D 85748 Garching

                          Private limited company

 

 

RESIGNED ACTING PERSONS AND SHAREHOLDERS

 

16.02.2006 - 18.05.2011  Manager

                          Johannes Schmidt

                          D 51427 Bergisch Gladbach

 

 

BUSINESS ACTIVITIES

 

Sectors

26512   Manufacture of instruments and appliances for measuring, testing and navigation

35213   Gas supply without external procurement for distribution

46462   Wholesale of medical and orthopedic goods, dental and laboratory supplies

 

 

FINANCIAL INFORMATION

 

Payment experience:     within agreed terms

 

Negative information:      We have no negative information at hand.

 

 

REAL ESTATE

 

Type of ownership:         Tenant

Address                        Dieselstr. 31

D 85748 Garching

 

Real Estate of:               INDUS Holding Aktiengesellschaft

Type of ownership:         Tenant

Address                        Kölner Str. 32

D 51429 Bergisch Gladbach

 

Land register documents were not available.

 

 

BANKERS

 

Principal bank

UNICREDIT BANK - HYPOVEREINSBANK, GARCHING B. MÜNCHEN

Sort. code: 70020270, BIC: HYVEDEMMXXX

 

Further banks

UNICREDIT BANK - HYPOVEREINSBANK, MÜNCHEN

Sort. code: 70020270, BIC: HYVEDEMMXXX

 

DEUTSCHE BANK, MÜNCHEN

Sort. code: 70070010, BIC: DEUTDEMMXXX

 

FINANCIAL FIGURES

 

 Financial year:      01.01. - 31.12.

 Turnover:            2011               EUR          8,125,000.00

 Share capital:                          EUR          1,000,000.00

 Equipment:                              EUR            375,000.00

 Ac/ts receivable:                       EUR            275,000.00

 Liabilities:                            EUR            700,000.00

 Employees:                                                     50

 

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.56.31

UK Pound

1

Rs.88.06

Euro

1

Rs.70.91

 

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.