MIRA INFORM REPORT

 

 

Report Date :           

12.03.2012

 

IDENTIFICATION DETAILS

 

Name :

NIKOL WEBER KG

 

 

Registered Office :

Mühlberg 16, D 95152 Selbitz

 

 

Country :

Germany

 

 

Year of Establishment :

1924

 

 

Com. Reg. No.:

HRA 985

 

 

Legal Form :

Limited partnership

 

 

Line of Business :

Preparation and spinning of textile fibers

 

 

No. of Employees :

82

 

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

 

Maximum Credit Limit :

200,000 EUR

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 – 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

 

Nikol Weber KG

 

 

Company address

 

Mühlberg 16

D 95152 Selbitz

Telephone:        09280/9800-0

Telefax:             09280/9800-55

Homepage:        www.nikol-weber.de

E-mail:              pobox@nikol-weber.de

 

 

VAT no

 

DE133182124

 

 

Tax ID number

 

223/170/04307

 

 

Synthesis

 

LEGAL FORM               Limited partnership

Date of foundation:         1924

Registered on:               11.02.1949

Register of

companies:                   Local court 95030 Hof

under:                           HRA 985

Total cap. contribution:  EUR            127,822.97

 

 

Limited partner

 

Peter Hösel

Schillerstr. 11

D 95152 Selbitz

born: 22.02.1945

Share:             EUR            127,822.97

General partner

 

Peter Martin Hösel

Karlstr. 2

D 95028 Hof

born: 12.10.1970

Marital status: single

 

 

Proxy

 

Peter Hösel

Schillerstr. 11

D 95152 Selbitz

having sole power of representation

born: 22.02.1945

Profession: Textile engineer

Marital status: married

 

Proxy:

Wilhelm Drechsel

D 95152 Selbitz

having sole power of representation

Proxy:

Wolfgang Leitner

D 95197 Schauenstein

having sole power of representation

 

Further functions/participations of Peter Martin Hösel (General partner)

 

Liquidator:

FN Verwaltungs-GmbH

Max-Planck-Str. 26

D 95233 Helmbrechts

Legal form: Private limited company

dissolved

Share capital:     EUR             25,000.00

Registered

on:         14.06.2007

Reg. data:  95030 Hof, HRB 4222

 

 

RESIGNED ACTING PERSONS AND SHAREHOLDERS

 

08.10.1993 - 05.07.2010  General partner

                         Peter Hösel

                         D 95152 Selbitz

 

 

BUSINESS ACTIVITIES

 

Sectors

13100   Preparation and spinning of textile fibers

13300   Finishing of textiles

46760   Wholesale of other intermediate goods

 

 

BRANCHES AND FACTORIES

 

Branch:

                     Nikol Weber KG

                     Max-Planck-Str. 9

                     D 95233 Helmbrechts

                     TEL.: 09252/358470

 

 

PARTICIPATIONS

 

Limited partner:

                     FN GmbH & Co. KG

                     Max-Planck-Str. 26

                     D 95233 Helmbrechts

                     Legal form: Ltd partnership with priv. ltd.

                                 company as general partner

                     Company Status: dissolved  since: 13.10.2009

                     Total cap.         EUR            100,000.00

                     contribution:

                     Share:             EUR             50,000.00

                     Reg. data:  15.06.2007

                                 Local court 95030 Hof

                                 HRA 4158

Shareholder:

                     TFH Textilausrüstungs GmbH

                     Mühlberg 16

                     D 95152 Selbitz

                     Legal form: Private limited company

                     Company Status: active

                     Share capital:     EUR            128,000.00

                     Share:             EUR             51,200.00

                     Reg. data:  06.09.1993

                                 Local court 95030 Hof

                                 HRB 2048

Shareholder:

                     NW Heimtex GmbH

                     Max-Planck-Str. 9

                     D 95233 Helmbrechts

                     Legal form: Private limited company

                     Company Status: active

                     Share capital:     EUR             25,000.00

                     Share:             EUR             25,000.00

                     Reg. data:  11.05.2004

                                 Local court 95030 Hof

                                 HRB 3722

Shareholder:

                     FN Verwaltungs-GmbH

                     Max-Planck-Str. 26

                     D 95233 Helmbrechts

                     Legal form: Private limited company

                     Company Status: dissolved  since: 13.10.2010

                     Share capital:     EUR             25,000.00

                     Share:             EUR             12,500.00

                     Reg. data:  14.06.2007

                                 Local court 95030 Hof

                                 HRB 4222

 

 

FINANCIAL INFORMATION

 

Payment experience:     within periods customary in this trade

 

Negative information:      We have no negative information at hand.

 

Maximum credit:            200,000 EUR

 

 

REAL ESTATE

 

Type of ownership:   proprietor

Share:                100.00 %

Address              Mühlberg 16

                         D 95152 Selbitz

 

Value at selling price:                 EUR          1,000,000.00

 

Land register documents were not available.

 

 

BANKERS

 

Principal banks

SPARKASSE HOCHFRANKEN, SELBITZ, OBERFR

Sort. code: 78050000, Account no.: 430101410, BIC: BYLADEM1HOF

 

VR BANK HOF, SELBITZ, OBERFR

Sort. code: 78060896, Account no.: 4391004, BIC: GENODEF1HO1

 

 

FINANCIAL FIGURES

 

Financial year:      01.01. - 31.12.

Turnover:            2010               EUR         10,200,000.00

                     2011               EUR         10,350,000.00

further business figures:

Equipment:                              EUR            601,500.00

Ac/ts receivable:                       EUR            519,500.00

Liabilities:                           EUR          1,558,000.00

Employees:                                                     82

 

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.50.02

UK Pound

1

Rs.79.00

Euro

1

Rs.66.18

 

 

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.