MIRA INFORM REPORT

 

 

Report Date :

17.09.2012

 

IDENTIFICATION DETAILS

 

Name :

IMPEX-IMPORT-EXPORT GMBH

 

 

 

 

Registered Office :

Regerstr. 60  D 70195 Stuttgart

 

 

 

 

Country :

Germany

 

 

 

 

Financials (as on) :

31.12.2010

 

 

 

 

Date of Incorporation :

08.12.1977

 

 

 

 

Com. Reg. No.:

HRB 7315

 

 

 

 

Legal Form :

Private Limited Company

 

 

 

 

Line of Business :

Renting of own or leased residential estate, buildings and apartments

 

 

 

 

No. of Employees :

5

 

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Status :

Moderate

Payment Behaviour :

Slow

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

 

 

GERMANY - ECONOMIC OVERVIEW

 

The German economy - the fifth largest economy in the world in PPP terms and Europe's largest - is a leading exporter of machinery, vehicles, chemicals, and household equipment and benefits from a highly skilled labor force. Like its Western European neighbors, Germany faces significant demographic challenges to sustained long-term growth. Low fertility rates and declining net immigration are increasing pressure on the country's social welfare system and necessitate structural reforms. Reforms launched by the government of Chancellor Gerhard SCHROEDER (1998-2005), deemed necessary to address chronically high unemployment and low average growth, contributed to strong growth in 2006 and 2007 and falling unemployment. These advances, as well as a government subsidized, reduced working hour scheme, help explain the relatively modest increase in unemployment during the 2008-09 recession - the deepest since World War II - and its decrease to 6.0% in 2011. GDP contracted 5.1% in 2009 but grew by 3.6% in 2010, and 2.7% in 2011. The recovery was attributable primarily to rebounding manufacturing orders and exports - increasingly outside the Euro Zone. Germany's central bank projects that GDP will grow 0.6% in 2012, a reflection of the worsening euro-zone financial crisis and the financial burden it places on Germany as well as falling demand for German exports. Domestic demand is therefore becoming a more significant driver of Germany's economic expansion. Stimulus and stabilization efforts initiated in 2008 and 2009 and tax cuts introduced in Chancellor Angela MERKEL's second term increased Germany's budget deficit to 3.3% in 2010, but slower spending and higher tax revenues reduce the deficit to 1.7% in 2011, below the EU's 3% limit. A constitutional amendment approved in 2009 limits the federal government to structural deficits of no more than 0.35% of GDP per annum as of 2016. Following the March 2011 Fukushima nuclear disaster, Chancellor Angela Merkel announced in May 2011 that eight of the country's 17 nuclear reactors would be shut down immediately and the remaining plants would close by 2022. Germany hopes to replace nuclear power with renewable energy. Before the shutdown of the eight reactors, Germany relied on nuclear power for 23% of its energy and 46% of its base-load electrical production.

Source : CIA


Company name and address

 

IMPEX-Import-Export GmbH

 

Company Status:      active

                     Regerstr. 60

                     D 70195 Stuttgart

                     Telephone:0711/23096-0

                     Telefax:  0711/23096-599

 

 

Registration data

 

LEGAL FORM               Private limited company

Date of foundation:         1977

Shareholders'

agreement:                    05.07.1977

Registered on:               08.12.1977

Commercial Register:     Local court 70190 Stuttgart

under:                                       HRB 7315

 

Share capital                       

 

EUR             25,564.59

 

 

Shareholder

 

                     Martin Widerker

                     Botnanger Steige 10/1

                     D 70193 Stuttgart

                     born: 11.12.1935

                     Share:             EUR             25,564.59

Manager:

                     Karolina Widerker

                     Botnanger Steige 10/ 1

                     D 70193 Stuttgart

                     having sole power of representation

                     born: 20.09.1944

                     née: Zuckermann

                     Marital status: married

Manager:

                     Bernard Dov Widerker

                     Botnanger Steige 10

                     D 70193 Stuttgart

                     having sole power of representation

                     born: 11.01.1968

                     Profession: Businessman

Manager:

                     Benny Benjamin Widerker

                     Botnanger Steige 10 /1

                     D 70193 Stuttgart

                     having sole power of representation

                     born: 24.04.1979

 

 

FURTHER FUNCTIONS/PARTICIPATIONS OF KAROLINA WIDERKER (MANAGER)

 

General partner:

                     Karolina Widerker Martin Widerker

                     Regerstr. 60

                     D 70195 Stuttgart

                     Legal form: Partnership under the Civil Code

Limited partner:

                     UNIVERSAL Gebäudemanagement &

                     Dienstleistungen GmbH & Co. KG

                     Ruppmannstr. 33c

                     D 70565 Stuttgart

                     Legal form: Ltd partnership with priv. ltd.

                                 company as general partner

                     Total cap.         EUR              5,000.00

                     contribution:

                     Share:             EUR              5,000.00

                     Registered

                     on:         16.12.2004

                     Reg. data:  70190 Stuttgart, HRA 14149

Limited partner:

                     Widerker Vermögensverwaltung GmbH & Co. KG

                     Regerstr. 60

                     D 70195 Stuttgart

                     Legal form: Ltd partnership with priv. ltd.

                                 company as general partner

                     Total cap.         EUR             53,333.00

                     contribution:

                     Share:             EUR              4,333.00

                     Registered

                     on:         19.01.2006

                     Reg. data:  70190 Stuttgart, HRA 720127

Shareholder:

                     bc Boden-Commercial-Immobilien GmbH

                     Herdweg 55

                     D 70174 Stuttgart

                     Legal form: Private limited company

                     Share capital:     EUR             25,564.60

                     Share:             EUR             12,271.01

                     Registered

                     on:         31.01.1985

                     Reg. data:  70190 Stuttgart, HRB 11226

Shareholder:

                     Widerker Aircraft GmbH

                     Regerstr. 60

                     D 70195 Stuttgart

                     Legal form: Private limited company

                     Share capital:     EUR             25,564.59

                     Share:             EUR              2,556.46

                     Registered

                     on:         12.08.1994

                     Reg. data:  70190 Stuttgart, HRB 16649

Manager:

                     WVV Retail Portfolio Holding GmbH

                     Regerstr. 60

                     D 70195 Stuttgart

                     Legal form: Private limited company

                     Share capital:     EUR             25,000.00

                     Registered

                     on:         24.07.2007

                     Reg. data:  70190 Stuttgart, HRB 723517

 

 

FURTHER FUNCTIONS/PARTICIPATIONS OF BERNARD DOV WIDERKER

 

(Manager)

Limited partner:

                     Widerker Vermögensverwaltung GmbH & Co. KG

                     Regerstr. 60

                     D 70195 Stuttgart

                     Legal form: Ltd partnership with priv. ltd.

                                 company as general partner

                     Total cap.         EUR             53,333.00

                     contribution:

                     Share:             EUR             18,667.00

                     Registered

                     on:         19.01.2006

                     Reg. data:  70190 Stuttgart, HRA 720127

Limited partner:

                     Widerker New Energy GmbH & Co. KG

                     Regerstr. 60

                     D 70195 Stuttgart

                     Legal form: Ltd partnership with priv. ltd.

                                 company as general partner

                     Total cap.         EUR             10,000.00

                     contribution:

                     Share:             EUR              3,500.00

                     Registered

                     on:         06.05.2010

                     Reg. data:  70190 Stuttgart, HRA 725156

 

Limited partner:

                     Widerker Vermögensverwaltung GmbH & Co.

                     Investment KG

                     Regerstr. 60

                     D 70195 Stuttgart

                     Legal form: Ltd partnership with priv. ltd.

                                 company as general partner

                     Total cap.         EUR              3,000.00

                     contribution:

                     Share:             EUR              1,500.00

                     Registered

                     on:         19.03.2007

                     Reg. data:  70190 Stuttgart, HRA 721089

Limited partner:

                     Widerker Vermögensverwaltung GmbH & Co.

                     Objekt Berlin Buschkrugallee KG

                     Regerstr. 60

                     D 70195 Stuttgart

                     Legal form: Ltd partnership with priv. ltd.

                                 company as general partner

                     Total cap.         EUR              1,000.00

                     contribution:

                     Share:             EUR                500.00

                     Registered

                     on:         25.10.2006

                     Reg. data:  70190 Stuttgart, HRA 720559

Limited partner:

                     WVV Objekt Luisenstraße Lörrach GmbH & Co.

                     KG

                     Regerstr. 60

                     D 70195 Stuttgart

                     Legal form: Ltd partnership with priv. ltd.

                                 company as general partner

                     Total cap.         EUR             10,100.00

                     contribution:

                     Share:             EUR                100.00

                     Registered

                     on:         14.08.2008

                     Reg. data:  70190 Stuttgart, HRA 723120

Limited partner:

                     WVV Objekt Gaggenau GmbH & Co. KG

                     Regerstr. 60

                     D 70195 Stuttgart

                     Legal form: Ltd partnership with priv. ltd.

                                 company as general partner

                     Total cap.         EUR             10,100.00

                     contribution:

                     Share:             EUR                100.00

                     Registered

                     on:         08.01.2009

                     Reg. data:  70190 Stuttgart, HRA 723604

Limited partner:

                     WVV Objekt Erlangen GmbH & Co. KG

                     Regerstr. 60

                     D 70195 Stuttgart

                     Legal form: Ltd partnership with priv. ltd.

                                 company as general partner

                     Total cap.         EUR             10,100.00

                     contribution:

                     Share:             EUR                100.00

                     Registered

                     on:         02.04.2008

                     Reg. data:  70190 Stuttgart, HRA 722596

Limited partner:

                     WVV Objekt Kelsterbach GmbH & Co. KG

                     Regerstr. 60

                     D 70195 Stuttgart

                     Legal form: Ltd partnership with priv. ltd.

                                 company as general partner

                     Total cap.         EUR             10,100.00

                     contribution:

                     Share:             EUR                100.00

                     Registered

                     on:         20.05.2008

                     Reg. data:  70190 Stuttgart, HRA 722758

Limited partner:

                     WVV Objekt Fürth GmbH & Co. KG

                     Regerstr. 60

                     D 70195 Stuttgart

                     Legal form: Ltd partnership with priv. ltd.

                                 company as general partner

                     Total cap.         EUR             10,100.00

                     contribution:

                     Share:             EUR                100.00

                     Registered

                     on:         19.01.2009

                     Reg. data:  70190 Stuttgart, HRA 723641

Limited partner:

                     Widerker & Rechter Objekte Lörrach und

                     Feuerbach GmbH & Co. KG

                     Regerstr. 60

                     D 70195 Stuttgart

                     Legal form: Ltd partnership with priv. ltd.

                                 company as general partner

                     Total cap.         EUR             10,100.00

                     contribution:

                     Share:             EUR                100.00

                     Registered

                     on:         28.11.2007

                     Reg. data:  70190 Stuttgart, HRA 722039

Limited partner:

                     WVV Objekt Erlensee GmbH & Co. KG

                     Regerstr. 60

                     D 70195 Stuttgart

                     Legal form: Ltd partnership with priv. ltd.

                                 company as general partner

                     Total cap.         EUR             10,100.00

                     contribution:

                     Share:             EUR                100.00

                     Registered

                     on:         04.03.2009

                     Reg. data:  70190 Stuttgart, HRA 723835

Limited partner:

                     WVV Objekt Nürnberg I GmbH & Co. KG

                     Regerstr. 60

                     D 70195 Stuttgart

                     Legal form: Ltd partnership with priv. ltd.

                                 company as general partner

                     Total cap.         EUR             10,100.00

                     contribution:

                     Share:             EUR                100.00

                     Registered

                     on:         21.10.2010

                     Reg. data:  70190 Stuttgart, HRA 725654

Limited partner:

                     WVV Objekt Ibbenbüren GmbH & Co. KG

                     Regerstr. 60

                     D 70195 Stuttgart

                     Legal form: Ltd partnership with priv. ltd.

                                 company as general partner

                     Total cap.         EUR             10,100.00

                     contribution:

                     Share:             EUR                100.00

                     Registered

                     on:         19.10.2010

                     Reg. data:  70190 Stuttgart, HRA 725644

Limited partner:

                     WVV Objekt Emmendingen GmbH & Co. KG

                     Regerstr. 60

                     D 70195 Stuttgart

                     Legal form: Ltd partnership with priv. ltd.

                                 company as general partner

                     Total cap.         EUR             10,100.00

                     contribution:

                     Share:             EUR                100.00

                     Registered

                     on:         25.10.2011

                     Reg. data:  70190 Stuttgart, HRA 726903

Limited partner:

                     Widerker & Rechter Objekt Feuerbach GmbH &

                     Co. KG

                     Regerstr. 60

                     D 70195 Stuttgart

                     Legal form: Ltd partnership with priv. ltd.

                                 company as general partner

                     Total cap.         EUR             10,100.00

                     contribution:

                     Share:             EUR                100.00

                     Registered

                     on:         02.07.2012

                     Reg. data:  70190 Stuttgart, HRA 727618

Shareholder:

                     Widerker Verwaltungs Holding GmbH

                     Regerstr. 60

                     D 70195 Stuttgart

                     Legal form: Private limited company

                     Share capital:     EUR             50,000.00

                     Share:             EUR             25,000.00

                     Registered

                     on:         19.04.2006

                     Reg. data:  70190 Stuttgart, HRB 720640

Shareholder:

                     WVV Retail Portfolio Holding GmbH

                     Regerstr. 60

                     D 70195 Stuttgart

                     Legal form: Private limited company

                     Share capital:     EUR             25,000.00

                     Share:             EUR             12,500.00

                     Registered

                     on:         24.07.2007

                     Reg. data:  70190 Stuttgart, HRB 723517

Manager:

                     Dritte Grundstücksgesellschaft MERCATOR

                     m.b.H.

                     Regerstr. 60

                     D 70195 Stuttgart

                     Legal form: Private limited company

                     Share capital:     EUR             30,677.52

                     Registered

                     on:         30.10.1975

                     Reg. data:  70190 Stuttgart, HRB 24154

Manager:

                     Widerker Verwaltungs Holding GmbH

                     Regerstr. 60

                     D 70195 Stuttgart

                     Legal form: Private limited company

                     Share capital:     EUR             50,000.00

                     Registered

                     on:         19.04.2006

                     Reg. data:  70190 Stuttgart, HRB 720640

Manager:

                     Widerker Vermögensverwaltung Objekt Berlin

                     Auguststraße 48 GmbH

                     Regerstr. 60

                     D 70195 Stuttgart

                     Legal form: Private limited company

                     Share capital:     EUR             75,000.00

                     Registered

                     on:         14.05.2008

                     Reg. data:  70190 Stuttgart, HRB 726329

Manager:

                     bc Boden-Commercial-Immobilien GmbH

                     Herdweg 55

                     D 70174 Stuttgart

                     Legal form: Private limited company

                     Share capital:     EUR             25,564.60

                     Registered

                     on:         31.01.1985

                     Reg. data:  70190 Stuttgart, HRB 11226

Manager:

                     Widerker Asset Manangement GmbH

                     Regerstr. 60

                     D 70195 Stuttgart

                     Legal form: Private limited company

                     Share capital:     EUR             25,000.00

                     Registered

                     on:         10.04.2006

                     Reg. data:  70190 Stuttgart, HRB 720944

Manager:

                     Widerker Aircraft GmbH

                     Regerstr. 60

                     D 70195 Stuttgart

                     Legal form: Private limited company

                     Share capital:     EUR             25,564.59

                     Registered

                     on:         12.08.1994

                     Reg. data:  70190 Stuttgart, HRB 16649

Manager:

                     Widerker Verwaltung GmbH

                     Regerstr. 60

                     D 70195 Stuttgart

                     Legal form: Private limited company

                     Share capital:     EUR             50,000.00

                     Registered

                     on:         06.12.2000

                     Reg. data:  70190 Stuttgart, HRB 21518

Manager:

                     Adlergestell Grundstücksgesellschaft mbH

                     Regerstr. 60

                     D 70195 Stuttgart

                     Legal form: Private limited company

                     Share capital:     EUR             25,564.59

                     Registered

                     on:         15.12.1998

                     Reg. data:  70190 Stuttgart, HRB 19695

Manager:

                     WVV Retail Portfolio I GmbH

                     Regerstr. 60

                     D 70195 Stuttgart

                     Legal form: Private limited company

                     Share capital:     EUR             25,000.00

                     Registered

                     on:         15.08.2007

                     Reg. data:  70190 Stuttgart, HRB 723735

Manager:

                     BBW Beteiligungsgesellschaft mbH

                     Regerstr. 60

                     D 70195 Stuttgart

                     Legal form: Private limited company

                     Share capital:     EUR             25,000.00

                     Registered

                     on:         27.01.2010

                     Reg. data:  70190 Stuttgart, HRB 732569

Manager:

                     WVV Retail Portfolio Holding GmbH

                     Regerstr. 60

                     D 70195 Stuttgart

                     Legal form: Private limited company

                     Share capital:     EUR             25,000.00

                     Registered

                     on:         24.07.2007

                     Reg. data:  70190 Stuttgart, HRB 723517

 

 

FURTHER FUNCTIONS/PARTICIPATIONS OF BENNY BENJAMIN WIDERKER

 

(Manager)

Limited partner:

                     Widerker Vermögensverwaltung GmbH & Co. KG

                     Regerstr. 60

                     D 70195 Stuttgart

                     Legal form: Ltd partnership with priv. ltd.

                                 company as general partner

                     Total cap.         EUR             53,333.00

                     contribution:

                     Share:             EUR             10,000.00

                     Registered

                     on:         19.01.2006

                     Reg. data:  70190 Stuttgart, HRA 720127

Limited partner:

                     Widerker New Energy GmbH & Co. KG

                     Regerstr. 60

                     D 70195 Stuttgart

                     Legal form: Ltd partnership with priv. ltd.

                                 company as general partner

                     Total cap.         EUR             10,000.00

                     contribution:

                     Share:             EUR              3,500.00

                     Registered

                     on:         06.05.2010

                     Reg. data:  70190 Stuttgart, HRA 725156

Limited partner:

                     Widerker Vermögensverwaltung GmbH & Co.

                     Investment KG

                     Regerstr. 60

                     D 70195 Stuttgart

                     Legal form: Ltd partnership with priv. ltd.

                                 company as general partner

                     Total cap.         EUR              3,000.00

                     contribution:

                     Share:             EUR              1,500.00

                     Registered

                     on:         19.03.2007

                     Reg. data:  70190 Stuttgart, HRA 721089

Limited partner:

                     Widerker Vermögensverwaltung GmbH & Co.

                     Objekt Berlin Buschkrugallee KG

                     Regerstr. 60

                     D 70195 Stuttgart

                     Legal form: Ltd partnership with priv. ltd.

                                 company as general partner

                     Total cap.         EUR              1,000.00

                     contribution:

                     Share:             EUR                500.00

                     Registered

                     on:         25.10.2006

                     Reg. data:  70190 Stuttgart, HRA 720559

Limited partner:

                     WVV Objekt Salzgitter GmbH & Co. KG

                     Regerstr. 60

                     D 70195 Stuttgart

                     Legal form: Ltd partnership with priv. ltd.

                                 company as general partner

                     Total cap.         EUR              1,000.00

                     contribution:

                     Share:             EUR                500.00

                     Registered

                     on:         11.01.2010

                     Reg. data:  70190 Stuttgart, HRA 724770

Limited partner:

                     WVV Objekt Mössingen GmbH & Co. KG

                     Regerstr. 60

                     D 70195 Stuttgart

                     Legal form: Ltd partnership with priv. ltd.

                                 company as general partner

                                 dissolved

                     Total cap.         EUR             10,100.00

                     contribution:

                     Share:             EUR                100.00

                     Registered

                     on:         08.01.2009

                     Reg. data:  70190 Stuttgart, HRA 723603

Limited partner:

                     WVV Objekt Mössingen GmbH & Co. KG II

                     Regerstr. 60

                     D 70195 Stuttgart

                     Legal form: Ltd partnership with priv. ltd.

                                 company as general partner

                     Total cap.         EUR             11,100.00

                     contribution:

                     Share:             EUR                100.00

                     Registered

                     on:         10.12.2009

                     Reg. data:  70190 Stuttgart, HRA 724668

Shareholder:

                     Widerker Verwaltungs Holding GmbH

                     Regerstr. 60

                     D 70195 Stuttgart

                     Legal form: Private limited company

                     Share capital:     EUR             50,000.00

                     Share:             EUR             25,000.00

                     Registered

                     on:         19.04.2006

                     Reg. data:  70190 Stuttgart, HRB 720640

Shareholder:

                     BBW Beteiligungsgesellschaft mbH

                     Regerstr. 60

                     D 70195 Stuttgart

                     Legal form: Private limited company

                     Share capital:     EUR             25,000.00

                     Share:             EUR             25,000.00

                     Registered

                     on:         27.01.2010

                     Reg. data:  70190 Stuttgart, HRB 732569

Shareholder:

                     WVV Retail Portfolio Holding GmbH

                     Regerstr. 60

                     D 70195 Stuttgart

                     Legal form: Private limited company

                     Share capital:     EUR             25,000.00

                     Share:             EUR             12,500.00

                     Registered

                     on:         24.07.2007

                     Reg. data:  70190 Stuttgart, HRB 723517

Manager:

                     Dritte Grundstücksgesellschaft MERCATOR

                     m.b.H.

                     Regerstr. 60

                     D 70195 Stuttgart

                     Legal form: Private limited company

                     Share capital:     EUR             30,677.52

                     Registered

                     on:         30.10.1975

                     Reg. data:  70190 Stuttgart, HRB 24154

Manager:

                     WVV Retail Portfolio Holding GmbH

                     Regerstr. 60

                     D 70195 Stuttgart

                     Legal form: Private limited company

                     Share capital:     EUR             25,000.00

                     Registered

                     on:         24.07.2007

                     Reg. data:  70190 Stuttgart, HRB 723517

Manager:

                     Widerker Verwaltungs Holding GmbH

                     Regerstr. 60

                     D 70195 Stuttgart

                     Legal form: Private limited company

                     Share capital:     EUR             50,000.00

                     Registered

                     on:         19.04.2006

                     Reg. data:  70190 Stuttgart, HRB 720640

Manager:

                     Widerker Asset Manangement GmbH

                     Regerstr. 60

                     D 70195 Stuttgart

                     Legal form: Private limited company

                     Share capital:     EUR             25,000.00

                     Registered

                     on:         10.04.2006

                     Reg. data:  70190 Stuttgart, HRB 720944

Manager:

                     Widerker Aircraft GmbH

                     Regerstr. 60

                     D 70195 Stuttgart

                     Legal form: Private limited company

                     Share capital:     EUR             25,564.59

                     Registered

                     on:         12.08.1994

                     Reg. data:  70190 Stuttgart, HRB 16649

Manager:

                     Widerker Verwaltung GmbH

                     Regerstr. 60

                     D 70195 Stuttgart

                     Legal form: Private limited company

                     Share capital:     EUR             50,000.00

                     Registered

                     on:         06.12.2000

                     Reg. data:  70190 Stuttgart, HRB 21518

Manager:

                     Adlergestell Grundstücksgesellschaft mbH

                     Regerstr. 60

                     D 70195 Stuttgart

                     Legal form: Private limited company

                     Share capital:     EUR             25,564.59

                     Registered

                     on:         15.12.1998

                     Reg. data:  70190 Stuttgart, HRB 19695

Manager:

                     WVV Retail Portfolio I GmbH

                     Regerstr. 60

                     D 70195 Stuttgart

                     Legal form: Private limited company

                     Share capital:     EUR             25,000.00

                     Registered

                     on:         15.08.2007

                     Reg. data:  70190 Stuttgart, HRB 723735

Manager:

                     Widerker Vermögensverwaltung Objekt Berlin

                     Auguststraße 48 GmbH

                     Regerstr. 60

                     D 70195 Stuttgart

                     Legal form: Private limited company

                     Share capital:     EUR             75,000.00

                     Registered

                     on:         14.05.2008

                     Reg. data:  70190 Stuttgart, HRB 726329

Manager:

                     BBW Beteiligungsgesellschaft mbH

                     Regerstr. 60

                     D 70195 Stuttgart

                     Legal form: Private limited company

                     Share capital:     EUR             25,000.00

                     Registered

                     on:         27.01.2010

                     Reg. data:  70190 Stuttgart, HRB 732569

Manager:

                     bc Boden-Commercial-Immobilien GmbH

                     Herdweg 55

                     D 70174 Stuttgart

                     Legal form: Private limited company

                     Share capital:     EUR             25,564.60

                     Registered

                     on:         31.01.1985

                     Reg. data:  70190 Stuttgart, HRB 11226

 

 


COMPANY HISTORY

 

05.07.1977 - 04.05.1979  Martin Widerker Export-Import GmbH

                         Botnanger Steige 10

                         D 70193 Stuttgart

                         Private limited company

09.02.2000 - 04.12.2001  IMPEX-Import-Export GmbH

                         Botnanger Steige 10

                         D 70193 Stuttgart

                         Private limited company

 

 

BUSINESS ACTIVITIES

 

Secondary industrial sector

46903   Non-specialized wholesale trade

68201   Renting of own or leased residential estate, buildings and apartments

 

FINANCIAL INFORMATION

 

Payment experience:  within periods customary in this trade

 

Negative information:We have no negative information at hand.

 

Balance sheet year:  2010

 

 

REAL ESTATE

 

Type of ownership:   Tenant

Address              Regerstr. 60

                     D 70195 Stuttgart

 

Real Estate of:      Karolina Widerker

Type of ownership:   proprietor

Share:                100.00 %

Address              Botnanger Steige 10/1

                     D 70193 Stuttgart

 

Land register documents were not available.

 

 


BANKERS

 

UNICREDIT BANK - HYPOVEREINSBANK, STUTTGART

Sort. code: 60020290, BIC: HYVEDEMM473

 

 

FINANCIAL FIGURES

 

Turnover:            2010               EUR          1,157,000.00

Profit:              2010               EUR              1,933.00

Ac/ts receivable:                       EUR          1,420,751.00

Liabilities:                            EUR          2,114,601.00

Employees:                                                      5

 

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 [%]:                 77.66

Liquidity ratio:                  10.00

Return on total capital [%]:       0.11

 

Balance sheet ratios 01.01.2009 - 31.12.2009

Equity ratio [%]:                 78.49

Liquidity ratio:                  10.00

Return on total capital [%]:      -0.41

 

Balance sheet ratios 01.01.2008 - 31.12.2008

Equity ratio [%]:                 75.09

Liquidity ratio:                  10.00

Return on total capital [%]:       0.86

 

Balance sheet ratios 01.01.2007 - 31.12.2007

Equity ratio [%]:                -38.32

Liquidity ratio:                   0.80

Return on total capital [%]:       0.43

 

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          2,470,068.43

 Fixed assets                           EUR              1,384.00

  Tangible assets                       EUR              1,384.00

   Other / unspecified tangible assets  EUR              1,384.00

 Current assets                         EUR          1,796,505.26

  Stocks                                EUR             24,420.00

  Accounts receivable                   EUR          1,420,750.50

   Other debtors and assets             EUR          1,420,750.50

  Liquid means                          EUR            351,334.76

 Remaining other assets                 EUR            672,179.17

  Accruals (assets)                     EUR                440.00

  Deficit not covered by shareholders'

  equity                                EUR            671,739.17

 

LIABILITIES                             EUR          2,470,068.43

 Shareholders' equity                   EUR                  0.00

  Capital                               EUR             25,564.59

   Subscribed capital (share capital)   EUR             25,564.59

  Reserves                              EUR                  1.00

   Capital reserves                     EUR                  1.00

  Balance sheet profit/loss (+/-)       EUR           -697,304.76

   Profit / loss brought forward        EUR           -699,238.23

   Annual surplus / annual deficit      EUR              1,933.47

  Other shareholders' equity (+/-)      EUR            671,739.17

   Deficit not covered by shareholders'

   equity                               EUR            671,739.17

 Provisions                             EUR            355,467.00

 Liabilities                            EUR          2,114,601.43

  Other liabilities                     EUR          2,114,601.43

   Unspecified other liabilities        EUR          2,114,601.43

 

Type of balance

sheet:               Company balance sheet

 

Financial year:      01.01.2009 - 31.12.2009

 

ASSETS                                  EUR          2,420,959.42

 Fixed assets                           EUR              1,509.00

  Tangible assets                       EUR              1,509.00

   Other / unspecified tangible assets  EUR              1,509.00

 Current assets                         EUR          1,744,498.51

  Accounts receivable                   EUR          1,369,393.90

   Other debtors and assets             EUR          1,369,393.90

  Liquid means                          EUR            375,104.61

 Remaining other assets                 EUR            674,951.91

  Accruals (assets)                     EUR              1,279.27

  Deficit not covered by shareholders'

  equity                                EUR            673,672.64

 

LIABILITIES                             EUR          2,420,959.42

 Shareholders' equity                   EUR                  0.00

  Capital                               EUR             25,564.59

   Subscribed capital (share capital)   EUR             25,564.59

  Reserves                              EUR                  1.00

   Capital reserves                     EUR                  1.00

  Balance sheet profit/loss (+/-)       EUR           -699,238.23

   Profit / loss brought forward        EUR           -692,160.07

   Annual surplus / annual deficit      EUR             -7,078.16

  Other shareholders' equity (+/-)      EUR            673,672.64

   Deficit not covered by shareholders'

   equity                               EUR            673,672.64

 Provisions                             EUR            353,368.61

 Liabilities                            EUR          2,067,590.81

  Other liabilities                     EUR          2,067,590.81

   Unspecified other liabilities        EUR          2,067,590.81

 

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.54.73

UK Pound

1

Rs.88.61

Euro

1

Rs.71.34

 

 

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.