MIRA INFORM REPORT

 

 

Report Date :           

23.05.2012

 

IDENTIFICATION DETAILS

 

Name :

NEUPERT INGREDIENTS GMBH

 

 

Registered Office :

Eitelstr. 94a, D 40472 Düsseldorf

 

 

Country :

Germany

 

 

Financials (as on) :

31.12.2009

 

 

Date of Incorporation :

10.12.2007

 

 

Com. Reg. No.:

HRB 58170

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Wholesale of chemical products

 

 

No. of Employees :

Not Available

 

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 – 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 & address 

 

Neupert Ingredients GmbH

 

Main address:       

Eitelstr. 94a

D 40472 Düsseldorf

Telephone:0211/9047552

 

 

Synthesis

 

LEGAL FORM               Private limited company

Date of foundation:         10.12.2007

Shareholders'

agreement:                    10.12.2007

Registered on:               12.02.2008

Commercial Register:     Local court 40213 Düsseldorf

under:                                       HRB 58170

Share capital:                 EUR             25,000.00

 

 

Shareholder

 

Dietmar Neupert

Eitelstr. 96

D 40472 Düsseldorf

born: 25.05.1942

Share:             EUR             12,500.00

 

Shareholder:

Ulrike Flohr

Eitelstr. 96

D 40472 Düsseldorf

born: 26.03.1950

née: Ziems

Share:             EUR             12,500.00

 

 

Manager

 

Dietmar Neupert

Eitelstr. 96

D 40472 Düsseldorf

having sole power of representation

born: 25.05.1942

Profession: graduate engineer

Marital status: married

 

Manager:

Ulrike Flohr

Eitelstr. 96

D 40472 Düsseldorf

having sole power of representation

born: 26.03.1950

née: Ziems

Profession: Businessman

 

Further functions/participations of Dietmar Neupert (Manager)

 

Shareholder:

König & Wiegand GmbH

Eitelstr. 94a

D 40472 Düsseldorf

Legal form: Private limited company

dissolved

Share capital:     EUR            100,000.00

Share:             EUR             51,000.00

Registered

on:         28.07.1997

Reg. data:  40213 Düsseldorf, HRB 34874

 

Manager:

König & Wiegand GmbH

Eitelstr. 94a

D 40472 Düsseldorf

Legal form: Private limited company

dissolved

Share capital:     EUR            100,000.00

Registered

on:         28.07.1997

Reg. data:  40213 Düsseldorf, HRB 34874

 

Further functions/participations of Ulrike Flohr (Manager)

 

Shareholder:

König & Wiegand GmbH

Eitelstr. 94a

D 40472 Düsseldorf

Legal form: Private limited company

dissolved

Share capital:     EUR            100,000.00

Share:             EUR             49,000.00

Registered

on:         28.07.1997

Reg. data:  40213 Düsseldorf, HRB 34874

 

 

COMPANY HISTORY

 

12.02.2008 - 27.10.2010  Neupert Consulting GmbH

                         Eitelstr. 96

                         D 40472 Düsseldorf

                         Private limited company

04.11.2010 - 19.01.2011  Neupert Ingredients GmbH

                         Eitelstr. 94a

                         D 40472 Düsseldorf

                         Private limited company

 

 

BUSINESS ACTIVITIES

 

Sectors

4675   Wholesale of chemical products

46902   Non-specialized wholesale of raw materials and half-finished and finished goods

 

 

FINANCIAL INFORMATION

 

Payment experience:     within periods customary in this trade

 

Negative information:      We have no negative information at hand.

 

Balance sheet year:       2009

 

 

REAL ESTATE

 

Type of ownership:         Tenant

Address                        Eitelstr. 94a

                                    D 40472 Düsseldorf

 

Land register documents were not available.

 

 

BANKERS

 

A bank connection is unknown.

 

 

FINANCIAL FIGURES

 

Ac/ts receivable:                       EUR              9,366.00

Liabilities:                           EUR             74,363.00

 

The number of employees is not known.

 

The aforementioned business figures may partly be estimated information based on average values in the line of business.

 

BALANCE SHEETS

 

Balance sheet ratios 01.01.2009 - 31.12.2009

Equity ratio [%]:                 56.10

Liquidity ratio:                   2.12

Return on total capital [%]:    -227.38

 

Balance sheet ratios 01.01.2008 - 31.12.2008

Equity ratio [%]:                 -3.38

Liquidity ratio:                   0.53

Return on total capital [%]:      -9.42

 

Balance sheet ratios 10.12.2007 - 31.12.2007

Equity ratio [%]:                  2.66

Liquidity ratio:                   0.45

Return on total capital [%]:      -6.34

 

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:      01.01.2009 - 31.12.2009

 

ASSETS                                  EUR             74,363.51

 Fixed assets                           EUR              1,258.00

  Tangible assets                       EUR              1,258.00

   Other / unspecified tangible assets  EUR              1,258.00

 Current assets                         EUR             14,357.33

  Accounts receivable                   EUR              9,366.00

   Other debtors and assets             EUR              9,366.00

  Liquid means                          EUR              4,991.33

 Remaining other assets                 EUR             58,748.18

  Accruals (assets)                     EUR              5,836.00

  Deficit not covered by shareholders'

  equity                                EUR             52,912.18

 

LIABILITIES                             EUR             74,363.51

 Shareholders' equity                   EUR                  0.00

  Capital                               EUR             25,000.00

   Subscribed capital (share capital)   EUR             25,000.00

  Balance sheet profit/loss (+/-)       EUR            -77,912.18

   Profit / loss brought forward        EUR            -29,135.82

   Annual surplus / annual deficit      EUR            -48,776.36

  Other shareholders' equity (+/-)      EUR             52,912.18

   Deficit not covered by shareholders'

   equity                               EUR             52,912.18

 Liabilities                            EUR             74,363.51

  Other liabilities                     EUR             74,363.51

   Unspecified other liabilities        EUR             74,363.51

 

Type of balance

sheet:               Company balance sheet

 

Financial year:      01.01.2008 - 31.12.2008

 

ASSETS                                  EUR            126,385.38

 Fixed assets                           EUR             48,920.00

  Tangible assets                       EUR             48,920.00

 Current assets                         EUR             73,329.56

  Accounts receivable                   EUR             60,837.88

  Liquid means                          EUR             12,491.68

 Remaining other assets                 EUR              4,135.82

  Deficit not covered by shareholders'

  equity                                EUR              4,135.82

 

LIABILITIES                             EUR            126,385.38

 Shareholders' equity                   EUR                  0.00

  Capital                               EUR             25,000.00

   Subscribed capital (share capital)   EUR             25,000.00

  Balance sheet profit/loss (+/-)       EUR            -29,135.82

   Profit / loss brought forward        EUR            -17,619.66

   Annual surplus / annual deficit      EUR            -11,516.16

  Other shareholders' equity (+/-)      EUR              4,135.82

   Deficit not covered by shareholders'

   equity                               EUR              4,135.82

 Liabilities                            EUR            126,385.38

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.54.88

UK Pound

1

Rs.86.84

Euro

1

Rs.70.21

 

INFORMATION DETAILS

 

Report Prepared by :

PRL

 

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.