MIRA INFORM REPORT

 

 

Report Date :           

02.03.2012

 

IDENTIFICATION DETAILS

 

Name :

BUHLER-WÜRZ KALTWALZTECHNIK GMBH

 

 

Registered Office :

Am Schützenhaus 3, D 35759 Driedorf

 

 

Country :

Germany

 

 

Financials (as on) :

31.12.2010

 

 

Date of Incorporation :

15.05.2009

 

 

Com. Reg. No.:

HRB 5784

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Wholesale trade in motor vehicle parts and accessories

 

 

No. of Employees :

35

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Maximum Credit Limit :

25,000 EUR

 

 

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 – September 30th, 2011

 

Country Name

Previous Rating

                   (30.06.2011)                  

Current Rating

(30.09.2011)

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 

 

Bühler-Würz Kaltwalztechnik GmbH

 

 

Company address

 

Am Schützenhaus 3

D 35759 Driedorf

Telephone:        02775/954450

Telefax:             02775/954595

Homepage:        www.wuerz.de

E-mail:              info@buehler-wuerz.de

 

 

VAT no

 

DE265479732

 

 

CONCLUSION

 

Business relations are permissible.

 

 

synthesis

 

LEGAL FORM               Private limited company

Date of foundation:         08.05.2009

Shareholders'

agreement:                    08.05.2009

Registered on:               15.05.2009

Commercial Register:     Local court 35578 Wetzlar

under:                           HRB 5784

Share capital:                 EUR            200,000.00

 

 

Shareholder

 

Raimund Würz

Am Schützenhaus 1

D 35759 Driedorf

born: 08.09.1958

Share:             EUR            200,000.00

Manager

 

Raimund Würz

Am Schützenhaus 1

D 35759 Driedorf

having sole power of representation

born: 08.09.1958

Marital status: married

 

Manager:

Stefan Nixdorf

D 76131 Karlsruhe

authorized to jointly represent the company

born: 11.03.1966

Marital status: married

 

 

Further functions/participations of Raimund Würz (Manager)

Shareholder:

                      Würz Fertigungstechnik GmbH

                      Am Schützenhaus 3

                      D 35759 Driedorf

                      Legal form: Private limited company

                      Share capital:     EUR            102,258.38

                      Share:             EUR             81,806.70

                      Registered

                      on:         04.01.1994

                      Reg. data:  35578 Wetzlar, HRB 4244

 Shareholder:

                      Würz Power GmbH

                      Am Schützenhaus 3

                      D 35759 Driedorf

                      Legal form: Private limited company

                      Share capital:     EUR             50,000.00

                      Share:             EUR             50,000.00

                      Registered

                      on:         02.09.2008

                      Reg. data:  35578 Wetzlar, HRB 5640

 Shareholder:

                      Kämpfer-Würz Umformtechnik GmbH

                      Am Schützenhaus 3

                      D 35759 Driedorf

                      Legal form: Private limited company

                      Share capital:     EUR             25,564.59

                      Share:             EUR             25,564.59

                      Registered

                      on:         22.09.1992

                      Reg. data:  35578 Wetzlar, HRB 4222

 Manager:

                      Kämpfer-Würz Umformtechnik GmbH

                      Am Schützenhaus 3

                      D 35759 Driedorf

                      Legal form: Private limited company

                      Share capital:     EUR             25,564.59

                      Registered

                      on:         22.09.1992

                      Reg. data:  35578 Wetzlar, HRB 4222

 Manager:

                      Würz Fertigungstechnik GmbH

                      Am Schützenhaus 3

                      D 35759 Driedorf

                      Legal form: Private limited company

                      Share capital:     EUR            102,258.38

                      Registered

                      on:         04.01.1994

                      Reg. data:  35578 Wetzlar, HRB 4244

 Manager:

                      Würz Power GmbH

                      Am Schützenhaus 3

                      D 35759 Driedorf

                      Legal form: Private limited company

                      Share capital:     EUR             50,000.00

                      Registered

                      on:         02.09.2008

                      Reg. data:  35578 Wetzlar, HRB 5640

 

 

Further functions/participations of Stefan Nixdorf (Manager)

 

Proprietor:

                      Stefan Nixdorf

                      Rathmecker Weg 32

                      D 58513 Lüdenscheid

                      Legal form: Unregistered commercial

                                  enterprise

 

 

BUSINESS ACTIVITIES

 

 Sectors

·         45310   Wholesale trade in motor vehicle parts and accessories

·         46693   Wholesale of other equipment and accessories for machinery and technical supplies

 

BRANCHES AND FACTORIES

 

 Branch:

                      Bühler-Würz Kaltwalztechnik GmbH

                      Hanauer Str. 1-5

                      D 75181 Pforzheim

                      TEL.: 07231/7755-0

 

 

FINANCIAL INFORMATION

 

Payment experience:     within periods customary in this trade

 

Negative information:      We have no negative information at hand.

 

Maximum credit:            25,000 EUR

 

Balance sheet year:       2010

 

 

REAL ESTATE

 

 Type of ownership:        Tenant

 Address                       Am Schützenhaus 3

                                    D 35759 Driedorf

 

 Real Estate of:              Raimund Würz

 Type of ownership:        Tenant

 Address                       Am Schützenhaus 1

                                    D 35759 Driedorf

           

Land register documents were not available.

 

 

BANKERS

 

VOLKSBANK DILL VB UND RAIFFBK, DRIEDORF

Sort. code: 51690000, BIC: GENODE51DIL

 

 

FINANCIAL FIGURES

 

 Profit:              2010               EUR            181,057.00

 Ac/ts receivable:                       EUR          1,932,944.00

 Liabillities:                           EUR          2,226,010.00

 Employees:                                                     35

 

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 [%]:                  5.98

 Liquidity ratio:                   1.01

 Return on total capital [%]:       6.39

 

 Balance sheet ratios 08.05.2009 - 31.12.2009

 Equity ratio [%]:                 -2.27

 Liquidity ratio:                   0.13

 Return on total capital [%]:       0.18

 

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          2,913,639.06

  Fixed assets                           EUR            211,349.00

   Intangible assets                     EUR            156,512.00

    Other / unspecified intangible assetsEUR            156,512.00

   Tangible assets                       EUR             54,837.00

    Other / unspecified tangible assets  EUR             54,837.00

  Current assets                         EUR          2,697,490.06

   Stocks                                EUR            455,550.00

   Accounts receivable                   EUR          1,932,944.32

    Other debtors and assets             EUR          1,932,944.32

   Liquid means                          EUR            308,995.74

  Remaining other assets                 EUR              4,800.00

   Accruals (assets)                     EUR              4,800.00

 

 LIABILITIES                             EUR          2,913,639.06

  Shareholders' equity                   EUR            247,827.32

   Capital                               EUR             25,000.00

    Subscribed capital (share capital)   EUR             25,000.00

   Reserves                              EUR            200,000.00

    Capital reserves                     EUR             25,000.00

    Retained earnings / revenue reserves EUR            175,000.00

   Balance sheet profit/loss (+/-)       EUR             22,827.32

    Balance sheet profit / loss          EUR             22,827.32

  Provisions                             EUR            439,801.28

  Liabilities                            EUR          2,226,010.46

   Other liabilities                     EUR          2,226,010.46

    Unspecified other liabilities        EUR          2,226,010.46

 

 Type of balance

 sheet:               Company balance sheet

 

 Financial year:      08.05.2009 - 31.12.2009

 

 ASSETS                                  EUR          2,747,688.75

  Fixed assets                           EUR            234,912.00

   Intangible assets                     EUR            180,000.00

    Other / unspecified intangible assetsEUR            180,000.00

   Tangible assets                       EUR             54,912.00

    Other / unspecified tangible assets  EUR             54,912.00

  Current assets                         EUR          2,505,878.15

   Stocks                                EUR            978,900.00

   Accounts receivable                   EUR            173,174.35

    Other debtors and assets             EUR            173,174.35

   Liquid means                          EUR          1,353,803.80

  Remaining other assets                 EUR              6,898.60

   Accruals (assets)                     EUR              6,898.60

 

 LIABILITIES                             EUR          2,747,688.75

  Shareholders' equity                   EUR             29,765.19

   Capital                               EUR             25,000.00

    Subscribed capital (share capital)   EUR             25,000.00

   Balance sheet profit/loss (+/-)       EUR              4,765.19

    Annual surplus / annual deficit      EUR              4,765.19

  Provisions                             EUR             56,424.00

  Liabilities                            EUR          2,661,499.56

   Other liabilities                     EUR          2,661,499.56

    Unspecified other liabilities        EUR          2,661,499.56

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.49.15

UK Pound

1

Rs.78.25

Euro

1

Rs.65.57

 

 

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.