MIRA INFORM REPORT

 

 

Report Date :

27.06.2014  

 

IDENTIFICATION DETAILS

 

Name :

A.M.T. HANDELSGESELLSCHAFT M.B.H.

 

 

Registered Office :

Heimgartengasse 4, A-3002 Purkersdorf

 

 

Country :

Austria

 

 

Financials (as on) :

31.12.2012

 

 

Date of Incorporation :

11.10.2005

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

  • Wholesale of coffee, tea, cocoa and spices
  • Agents involved in the sale of food, beverages and tobacco

 

 

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 – March 31, 2014

 

Country Name

Previous Rating

(31.12.2013)

Current Rating

(31.03.2014)

Austria

A2

A2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low Risk

 

A2

Moderate Low Risk

 

B1

Moderate Risk

 

B2

Moderate High Risk

 

C1

High Risk

 

C2

Very High Risk

 

D

 

 

AUSTRIA ECONOMIC OVERVIEW

 

Austria, with its well-developed market economy, skilled labor force, and high standard of living, is closely tied to other EU economies, especially Germany's. Its economy features a large service sector, a sound industrial sector, and a small, but highly developed agricultural sector. Following several years of solid foreign demand for Austrian exports and record employment growth, the international financial crisis of 2008 and subsequent global economic downturn led to a sharp but brief recession. Austrian GDP contracted 3.8% in 2009 but saw positive growth of about 2% in 2010 and 2.7% in 2011. Growth fell to 0.6% in 2012. Unemployment did not rise as steeply in Austria as elsewhere in Europe, partly because the government subsidized reduced working hour schemes to allow companies to retain employees. The 2012 unemployment rate of 4.3% was the lowest within the EU. Stabilization measures, stimulus spending, and an income tax reform pushed the budget deficit to 4.5% in 2010 and 2.6% in 2011, from only about 0.9% in 2008. The international financial crisis of 2008 caused difficulties for Austria's largest banks whose extensive operations in central, eastern, and southeastern Europe faced large losses. The government provided bank support - including in some instances, nationalization - to support aggregate demand and stabilize the banking system. Austria's fiscal position compares favorably with other euro-zone countries, but it faces external risks, such as Austrian banks' continued exposure to Central and Eastern Europe as well as political and economic uncertainties caused by the European sovereign debt crisis. In 2011 the government attempted to pass a constitutional amendment limiting public debt to 60% of GDP by 2020, but it was unable to obtain sufficient support in parliament and instead passed the measure as a simple law. In March 2012, the Austrian parliament approved an austerity package consisting of a mix of expenditure cuts and new revenues that will bring public finances into balance by 2016. In 2012, the budget deficit rose to 3.1% of GDP

 

Source : CIA

 

 

 

Company name and address

 

Last up-date:

2014-06-24

Company name:

A.M.T. Handelsgesellschaft m.b.H.

Status:

active company

Locations:

Heimgartengasse 4, A-3002 Purkersdorf

Phone:

0043 (2231) 61473

Fax:

0043 (2231) 61690

E-mail:

amt.austria@tayel.at

Internet:

http://www.tayel.at

Activities:

Onace 46370 80% Wholesale of coffee, tea, cocoa and spices

 

Onace 46170 20% Agents involved in the sale of food, beverages and tobacco

General Assessment:

 

 

Model: CompanyScore

Probability of Default (Basel

0,14%

II):

Very low risk

Recommendation:

In respect to solvency reasons, there is nothing to say against an establishment of

 

a business relationship.

Detail Assessment:

 

 

Merchandise is mainly imported. Domestic obligations and invoices of forwarders

 

are settled within net agreements.

 

 

 

Financial situation is satisfactory.

 

Additional company information

 

Year of incorporation:

1989

Activities:

 

Type of company:

Wholesale and retail trade; repair of motor vehicles

Legal form:

limited liability company since 2005-10-11

companies' house number:

FN 269233 g St. Polten 2005-10-21

VAT number:

ATU 62110209

number - Austrian National

7136250

Bank:

 

 

 

Import

Country

 

 

 

Import

world-wide

 

2014

 

 

Export

Country

 

 

 

Export

world-wide

 

2014

 

 

 

Financial data

 

total turnover (total sales)

2013

EUR 9.000.000,00

(approx.)

total turnover (total sales)

2012

EUR 6.800.000,00

(approx.)

total turnover (total sales)

2011

EUR 6.400.000,00

(approx.)

total turnover (total sales)

2010

EUR 6.640.938,49

(exact)

total turnover (total sales)

2009

EUR 5.443.192,41

(exact)

total employees

2014

8

(exact)

total investments

2012

EUR 21.394,22

(exact)

total company vehicles

2014

3

(exact)

self-financed vehicles

2014

3

(exact)

cars

2014

3

(exact)

 

 

Extraxt from the Companies' House

 

firm (style):

1          A.M.T. Handelsgesellschaft m.b.H.

legal form:

1          Gesellschaft mit beschrankter Haftung

registered office:

1          politischer Gemeinde Purkersdorf

business adress:

9          Heimgartengasse 4

3002 Purkersdorf

capital:

1          EUR 35.000

reference date annual accounts:

1          31. Dezember

annual accounts:

13         zum 31.12.2012 eingereicht am 02.07.2013

 

 

power of representation

 

1

Sind mehrere Geschaftsfuhrer bestellt, wird deren Vertretungsbefugnis im jeweiligen Bestellungsbeschluss geregelt.

1

Erklarung uber die Errichtung der Gesellschaft vom 11.10.2005

3

Einbringungsvertrag   vom 18.09.2006

Einbringung des nicht protokollierten Einzelunternehmens Ahmed Tayel

 


 

managing director

 

A          Ahmed Tayel,  geb.  2 9.04.194 9

1          vertritt seit 21.10.2005 selbstandig

B          Ali Tayel,  geb. 19.04.1979

11         vertritt seit 17.07.2012 selbstandig

 

 

shareholder

 

A          Ahmed Tayel,  geb.  2 9.04.194 9

14                                 EUR 21.000

14                                 EUR 10.500

B          Ali Tayel,  geb. 19.04.1979

14                                 EUR 8.750

14                                 EUR 4.375

C          Jennifer Tayel,  geb. 20.12.1973

14                                 EUR 5.250

14                                 EUR 2.625

Summen:          EUR 35.000       EUR 17.500

 

 

General data

 

Landesgericht St. Polten

 

 

 

 

 

1

eingetragen am 21.10.2005

Geschaftsfall

28

Fr

3343/05

b

 

Antrag auf Neueintragung einer Firma    eingelangt am 17.10.2005

 

 

3

eingetragen am 25.10.2006

Antrag auf Anderung    eingelangt am

Geschaftsfall 20.09.2006

28

Fr

2569/06

y

9

eingetragen am 08.03.2011

Antrag auf Anderung    eingelangt am

Geschaftsfall 01.03.2011

28

Fr

1262/11

w

11

eingetragen am 25.07.2012

Antrag auf Anderung    eingelangt am

Geschaftsfall 20.07.2012

28

Fr

2095/12

d

13

eingetragen am 05.07.2013

Geschaftsfall

28

Fr

2171/13

z

 

Elektronische Einreichung Jahresabschluss eingelangt

am 02.07.2013

 

14

eingetragen am 22.05.2014

Antrag auf Anderung    eingelangt am

Geschaftsfall 19.05.2014

28

Fr

1426/14

m

 

 

Real estate

 

Real estate KSV text:

No real estate property registered

 

 

Private data

 

Surname

Date of birth

Address

Executive positions

Further executive positions (as registered in the companies' house)

Dkfm. Ahmed Tayel

1949-04-29

3002 Purkersdorf Kaiser JosefstraBe 57-63

manager, partner

0

Ali Tayel

1979-04-19

3052

Neustift-Innermanzing Tannenmuhlgasse 208

manager, partner

0

Jennifer Tayel

1973-12-20     3002 Purkersdorf Bachgasse 4

partner

0

 

Balance Sheet (absolute) all amounts in EUR

 

 

 

2012-12-31

Intangible assets

290,00

Sum intangible assets

290,00

Tangible assets

48.700,61

Sum tangible assets

48.700,61

Sum fixed assets

48.990,61

Stocks

1.953.213,44

Sum stock

1.953.213,44

Claims and other assets

514.147,27

Sum claims

514.147,27

Cash on hand, cheques and bank deposits

219.418,78

Sum cash and bank

219.418,78

Sum current assets

2.686.779,49

Deferred charges

2.090,80

Sum deferred charges

2.090,80

Assets

2.737.860,90

Subscribed/declared capital

35.000,00

Shares outstanding, not claimed

-17.500,00

Balance sheet profit/balance sheet loss

708.283,49

Thereof profit/loss carried forward

592.583,41

Sum equity capital

725.783,49

Other reserves before taxes

5.218,92

Sum reserves before taxes

5.218,92

Reserves

2.000,00

Sum reserves

2.000,00

 

Liabilities

2.004.858,49

Sum liabilities

2.004.858,49

Liabilities

2.737.860,90

Balance sheet sum                   2.737 .860,90

 

 

 

Key ratios

 

 

2012

Equity capital share

26,69

Fixed assets coverage

1.492,12

 

 

Locations

 

Type

Locations

Description

 

Phone Fax

E-mail

operational

Heimgartengasse 4/1, A-3002 Purkersdorf

registered office

operational

Heimgartengasse 4, A-3002 Purkersdorf

registered headquarters, rented premises

 

0043 2231 61473             0043 2231 61690

amt.austria@tayel.at

former

Wintergasse 52/Auf der Schanz 2/1, A-3002 Purkersdorf

registered office

former

WienerstraBe 43/1, A-3002 Purkersdorf

registered office

former

Wintergasse 52, A-3002 Purkersdorf

registered headquarters

former

WienerstraBe 43/1, A-3002 Purkersdorf

registered headquarters

 

 

related companies

 

Company name

Postal code

Stake in %

KSV-numb

 

Shares in this company are held by:

Dkfm. Ahmed Tayel

Kaiser JosefstraBe 57-63/64, A-3002 Purkersdorf

60% 2005-10-21

900.049.41C

 

Ali Tayel

Tannenmuhlgasse 208/4, A-3052 Neustift-Innermanzing

25 % 2014-05-22

914.732.97C

 

Jennifer Tayel

Bachgasse 4/12,      15 % 2014-05-22 A-3002 Purkersdorf

914.957.888

 

 

Bankers

 

Banker

Bank sort code

Type of banking connection

RAIFFEISENLANDESBANK NIEDEROSTERREICH-WIEN AG, 1011 Wien

32000

main bank connection

 

Historical development

 

Year of incorporation:

1989

Date of registration:

2005-10-21

 

Mergers:

Date

Function

Name

2007-11-28

merged with

Dkfm. Ahmed Tayel


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.60.16

UK Pound

1

Rs.102.23

Euro

1

Rs.82.04

 

INFORMATION DETAILS

 

Analysis Done by :

RAS

 

 

Report Prepared by :

NIS

 

               

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.