MIRA INFORM REPORT

 

 

Report Date :           

22.03.2012

 

IDENTIFICATION DETAILS

 

Name :

MAURITIUS GMBH INTERNATIONAL FASHION

 

 

Registered Office :

Hahnstr. 8, D 49835 Wietmarschen

 

 

Country :

Germany

 

 

Financials (as on) :

31.12.2010

 

 

Date of Incorporation :

20.11.2003

 

 

Com. Reg. No.:

HRB 131593

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Wholesale of clothing

 

 

No. of Employees :

25

 

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 :

130,000 EUR

Status :

Good

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

 

Mauritius GmbH International fashion

 

 

Company address

 

Hahnstr. 8

D 49835 Wietmarschen

Telephone:        05908/93330

Telefax:             05908/933391

Homepage:        www.mauritius.de

E-mail:              verkauf@mauritius.de

 

 

VAT no

 

DE813880995

 

 

CONCLUSION

 

Business relations are permissible.

 

 

Syntheiss

 

LEGAL FORM               Private limited company

Date of foundation:         20.11.2003

Begin of business

activities:                        26.01.2004

Shareholders'

agreement:                    20.11.2003

Registered on:               26.01.2004

Commercial Register:     Local court 49074 Osnabrück

under:                                       HRB 131593

 Share capital:                EUR             25,000.00

 


Shareholder

 

Katrin Raberg

Herzforder Str. 24

D 49808 Lingen

born: 10.06.1981

Share:             EUR             15,000.00

 

Shareholder:

Christian Raberg

Herzforder Str. 24

D 49808 Lingen

born: 17.02.1979

Share:             EUR             10,000.00

 

 

Manager

 

Jürgen Raberg

D 49835 Wietmarschen

having sole power of representation

born: 24.05.1947

Profession: Businessman

Marital status: married

 

Manager:

Katrin Raberg

Herzforder Str. 24

D 49808 Lingen

having sole power of representation

born: 10.06.1981

Marital status: single

 

 

Proxy

 

Hildegard Altenschulte

D 49835 Wietmarschen

authorized to jointly represent the company

born: 13.06.1960

 

Proxy:

Dieter Laake

D 49835 Wietmarschen

authorized to jointly represent the company

born: 06.09.1964


Proxy:

Sven Werning

D 48527 Nordhorn

authorized to jointly represent the company

born: 21.05.1973

 

Further functions/participations of Jürgen Raberg (Manager)

 

 Proprietor:

                      Raberg, Ledermoden

                      Rheiner Str. 131

                      D 49809 Lingen

                      Legal form: Sole proprietorship dissolved

                      Registered

                      on:         27.03.1972

                      Reg. data:  49808 Lingen, HRA 1331

 Limited partner:

                      Jürgen Raberg Besitzunternehmen GmbH & Co.

                      KG

                      Hahnstr. 8

                      D 49835 Wietmarschen

                      Legal form: Ltd partnership with priv. ltd.

                                  company as general partner

                      Total cap.         EUR                500.00

                      contribution:

                      Share:             EUR                500.00

                      Registered

                      on:         14.01.2008

                      Reg. data:  49074 Osnabrück, HRA 200937

 Shareholder:

                      RABERG LEDERMODEN SHOP GmbH

                      Hahnstr. 8

                      D 49835 Wietmarschen

                      Legal form: Private limited company

                      Share capital:     EUR             50,000.00

                      Share:             EUR             50,000.00

                      Registered

                      on:         13.05.2003

                      Reg. data:  49074 Osnabrück, HRB 131514

 Shareholder:

                      Raberg Immobilien GmbH

                      Hahnstr. 8

                      D 49835 Wietmarschen

                      Legal form: Private limited company

                      Share capital:     EUR             50,000.00

                      Share:             EUR             50,000.00

                      Registered

                      on:         14.04.2003

                      Reg. data:  49074 Osnabrück, HRB 131504

 Manager:

                      Raberg Holding GmbH

                      Hahnstr. 8

                      D 49835 Wietmarschen

                      Legal form: Private limited company

                      Share capital:     EUR             25,000.00

                      Registered

                      on:         14.02.2001

                      Reg. data:  49074 Osnabrück, HRB 131248

 Manager:

                      Raberg Immobilien GmbH

                      Hahnstr. 8

                      D 49835 Wietmarschen

                      Legal form: Private limited company

                      Share capital:     EUR             50,000.00

                      Registered

                      on:         14.04.2003

                      Reg. data:  49074 Osnabrück, HRB 131504

 Manager:

                      RABERG LEDERMODEN SHOP GmbH

                      Hahnstr. 8

                      D 49835 Wietmarschen

                      Legal form: Private limited company

                      Share capital:     EUR             50,000.00

                      Registered

                      on:         13.05.2003

                      Reg. data:  49074 Osnabrück, HRB 131514

 Manager:

                      RABERG Fabrikverkauf GmbH Ledermanufaktur

                      Hahnstr. 8

                      D 49835 Wietmarschen

                      Legal form: Private limited company

                      Share capital:     EUR             50,000.00

                      Registered

                      on:         26.03.2003

                      Reg. data:  49074 Osnabrück, HRB 131499

 Manager:

                      CHEVIREX GmbH Leather Fashion

                      Hahnstr. 8

                      D 49835 Wietmarschen

                      Legal form: Private limited company

                      Share capital:     EUR             25,000.00

                      Registered

                      on:         01.07.2002

                      Reg. data:  49074 Osnabrück, HRB 131414

 Manager:

                      Christian Raberg Grundbesitz GmbH

                      Hahnstr. 8

                      D 49835 Wietmarschen

                      Legal form: Private limited company

                      Share capital:     EUR             25,000.00

                      Registered

                      on:         25.05.2010

                      Reg. data:  49074 Osnabrück, HRB 204208

 Manager:

                      Katrin Raberg Grundbesitz GmbH

                      Hahnstr. 8

                      D 49835 Wietmarschen

                      Legal form: Private limited company

                      Share capital:     EUR             25,000.00

                      Registered

                      on:         25.01.2011

                      Reg. data:  49074 Osnabrück, HRB 204958

 Liquidator:

                      Picture-Clip.de GmbH

                      Hahnstr. 8

                      D 49835 Wietmarschen

                      Legal form: Private limited company in

                                  liquidation

                      Share capital:     EUR             25,000.00

                      Registered

                      on:         26.07.2000

                      Reg. data:  49074 Osnabrück, HRB 131189

 

Further functions/participations of Katrin Raberg (Manager)

 

 Proprietor:

                      Katrin Raberg-Ledermoden

                      Lederbekleidungshandel e. Kfr.

                      Marienstr. 6

                      D 49808 Lingen

                      Legal form: Sole proprietorship dissolved

                      Registered

                      on:         23.05.1997

                      Reg. data:  49808 Lingen, HRA 1785

 Shareholder:

                      CHEVIREX GmbH Leather Fashion

                      Hahnstr. 8

                      D 49835 Wietmarschen

                      Legal form: Private limited company

                      Share capital:     EUR             25,000.00

                      Share:             EUR             25,000.00

                      Registered

                      on:         01.07.2002

                      Reg. data:  49074 Osnabrück, HRB 131414

 Shareholder:

                      Katrin Raberg Grundbesitz GmbH

                      Hahnstr. 8

                      D 49835 Wietmarschen

                      Legal form: Private limited company

                      Share capital:     EUR             25,000.00

                      Share:             EUR             25,000.00

                      Registered

                      on:         25.01.2011

                      Reg. data:  49074 Osnabrück, HRB 204958

 Manager:

                      CHEVIREX GmbH Leather Fashion

                      Hahnstr. 8

                      D 49835 Wietmarschen

                      Legal form: Private limited company

                      Share capital:     EUR             25,000.00

                      Registered

                      on:         01.07.2002

                      Reg. data:  49074 Osnabrück, HRB 131414

 Manager:

                      Katrin Raberg Grundbesitz GmbH

                      Hahnstr. 8

                      D 49835 Wietmarschen

                      Legal form: Private limited company

                      Share capital:     EUR             25,000.00

                      Registered

                      on:         25.01.2011

                      Reg. data:  49074 Osnabrück, HRB 204958

 Proxy:

                      Raberg Holding GmbH

                      Hahnstr. 8

                      D 49835 Wietmarschen

                      Legal form: Private limited company

                      Share capital:     EUR             25,000.00

                      Registered

                      on:         14.02.2001

                      Reg. data:  49074 Osnabrück, HRB 131248

 Proxy:

                      Raberg Immobilien GmbH

                      Hahnstr. 8

                      D 49835 Wietmarschen

                      Legal form: Private limited company

                      Share capital:     EUR             50,000.00

                      Registered

                      on:         14.04.2003

                      Reg. data:  49074 Osnabrück, HRB 131504

 Proxy:

                      RABERG LEDERMODEN SHOP GmbH

                      Hahnstr. 8

                      D 49835 Wietmarschen

                      Legal form: Private limited company

                      Share capital:     EUR             50,000.00

                      Registered

                      on:         13.05.2003

                      Reg. data:  49074 Osnabrück, HRB 131514

 

 


COMPANY HISTORY

 

 26.01.2004 - 07.07.2006  vis-A-vis GmbH

                          Hahnstr. 8

                          D 49835 Wietmarschen

                          Private limited company

 

 

BUSINESS ACTIVITIES

 

 Main industrial sector

 46421   Wholesale of clothing

 

 

FINANCIAL INFORMATION

 

Payment experience:     within agreed terms

 

Negative information:      We have no negative information at hand.

 

Maximum credit:            130,000 EUR

 

Balance sheet year:       2010

 

 

REAL ESTATE

 

 Type of ownership:         Tenant

 Address                       Hahnstr. 8

                                    D 49835 Wietmarschen

 

 Real Estate of:              Jürgen Raberg

 Type of ownership:        proprietor

 Share:                                      100.00 %

 Address                       Poststr. 6

                                    D 49808 Lingen

 

 Real Estate of:              Jürgen Raberg

 Type of ownership:        proprietor

 Share:                          100.00 %

 Address                       Uhlenweg 1

                                    D 49811 Lingen

 

 Real Estate of:              Jürgen Raberg

 Type of ownership:        Tenant

 Address                       Herzforder Str. 24

                                    D 49808 Lingen

 

Land register documents were not available.

 

 

BANKERS

 

COMMERZBANK VORMALS DRESDNER BANK, LINGEN (EMS)

Sort. code: 26580070, BIC: DRESDEFF265

 

SPARKASSE EMSLAND, MEPPEN

Sort. code: 26650001, BIC: NOLADE21EMS

 

OLDENBURGISCHE LANDESBANK AG, LINGEN (EMS)

Sort. code: 26620010, BIC: OLBODEH2266

 

 

FINANCIAL FIGURES

 

 Turnover:            2010               EUR          5,200,000.00

 Expected turnover:                      EUR          5,250,000.00

 Profit:              2010               EUR            857,713.00

 Equipment:                              EUR            175,000.00

 Ac/ts receivable:                       EUR          2,179,155.00

 Liabillities:                           EUR          1,909,202.00

 Employees:                                                     25

 - thereof permanent staff:                                      8

 - Temporary workers:                                           17

 

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 [%]:                 49.50

 Liquidity ratio:                   1.29

 Return on total capital [%]:      19.36

 

 Balance sheet ratios 01.01.2009 - 31.12.2009

 Equity ratio [%]:                 31.07

 Liquidity ratio:                   1.14

 Return on total capital [%]:      17.89

 

 Balance sheet ratios 01.01.2008 - 31.12.2008

 Equity ratio [%]:                 25.97

 Liquidity ratio:                   1.01

 Return on total capital [%]:      23.38

 

 Balance sheet ratios 01.01.2007 - 31.12.2007

 Equity ratio [%]:                  5.61

 Liquidity ratio:                   0.73

 Return on total capital [%]:       5.46

 

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          4,431,865.58

  Fixed assets                           EUR            372,849.03

   Intangible assets                     EUR              3,108.00

   Tangible assets                       EUR            369,741.03

  Current assets                         EUR          4,010,751.35

   Stocks                                EUR          1,610,191.16

   Accounts receivable                   EUR          2,179,154.78

   Liquid means                          EUR            221,405.41

  Remaining other assets                 EUR             48,265.20

   Accruals (assets)                     EUR             48,265.20

 

 LIABILITIES                             EUR          4,431,865.58

  Shareholders' equity                   EUR          2,194,414.78

   Capital                               EUR             25,000.00

    Subscribed capital (share capital)   EUR             25,000.00

   Balance sheet profit/loss (+/-)       EUR          2,169,414.78

    Profit / loss brought forward        EUR          1,311,701.97

    Annual surplus / annual deficit      EUR            857,712.81

  Provisions                             EUR            327,689.24

  Liabilities                            EUR          1,909,201.56

  Other liabilities                      EUR                560.00

   Deferred taxes (not included under

   provisions/liabilities)               EUR                560.00

 

 Type of balance

 sheet:               Company balance sheet

 

 Financial year:      01.01.2009 - 31.12.2009

 

 ASSETS                                  EUR          4,564,707.12

  Fixed assets                           EUR            389,451.46

   Intangible assets                     EUR                603.00

    Other / unspecified intangible assetsEUR                603.00

   Tangible assets                       EUR            327,219.46

    Other / unspecified tangible assets  EUR            327,219.46

   Financial assets                      EUR             61,629.00

    Other / unspecified financial assets EUR             61,629.00

  Current assets                         EUR          4,129,296.71

   Stocks                                EUR          1,263,083.26

   Accounts receivable                   EUR          2,469,665.91

    Other debtors and assets             EUR          2,469,665.91

   Liquid means                          EUR            396,547.54

  Remaining other assets                 EUR             45,958.95

   Accruals (assets)                     EUR             45,958.95

 

 LIABILITIES                             EUR          4,564,707.12

  Shareholders' equity                   EUR          1,418,346.16

   Capital                               EUR             25,000.00

    Subscribed capital (share capital)   EUR             25,000.00

   Balance sheet profit/loss (+/-)       EUR          1,393,346.16

    Profit / loss brought forward        EUR            576,904.32

    Annual surplus / annual deficit      EUR            816,441.84

  Provisions                             EUR            582,731.11

  Liabilities                            EUR          2,563,629.85

   Other liabilities                     EUR          2,563,629.85

    Unspecified other liabilities        EUR          2,563,629.85


FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.50.59

UK Pound

1

Rs.80.34

Euro

1

Rs.67.14

 

 

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.