|
Report Date : |
06.04.2012 |
IDENTIFICATION DETAILS
|
Name : |
HELU KABEL GMBH |
|
|
|
|
Registered Office : |
Dieselstr. 12, D 71282 Hemmingen |
|
|
|
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Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2010 |
|
|
|
|
Date of Incorporation : |
22.03.1978 |
|
|
|
|
Com. Reg. No.: |
HRB 201352 |
|
|
|
|
Legal Form : |
Private limited company |
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|
|
|
Line of Business : |
Manufacture of electric installation supplies |
|
|
|
|
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 |
|
Maximum Credit Limit : |
250,000 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 30, 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 |
HELU KABEL GmbH
Company Status: active
Dieselstr. 12
D 71282 Hemmingen
Telephone:07150-92090
Telefax:
07150-81786
Homepage: www.helukabel.de
E-mail:
info@helukabel.de
VAT no.: DE146021824
Tax ID number: 70074/03759
LEGAL FORM Private limited company
Date of foundation: 22.03.1978
Shareholders' agreement:
22.03.1978
Registered on: 07.07.1978
Commercial Register: Local
court 70190 Stuttgart
under: HRB 201352
Share capital:
EUR 5,000,000.00
Adelheid Luksch
D 71254 Ditzingen
Share: EUR 2,850,000.00
Shareholder:
Helmut Luksch
Gröninger Str. 74
D 71254 Ditzingen
born: 14.06.1950
Share: EUR 950,000.00
Shareholder:
Marc Luksch
Albrecht-Dürer-Str. 32
D 90403 Nürnberg
born: 15.11.1976
Share: EUR 600,000.00
Shareholder:
Heike Luksch
Zollernstr. 5
D 71254 Ditzingen
born: 29.11.1980
Share: EUR 600,000.00
Helmut Luksch
Gröninger Str. 74
D 71254 Ditzingen
having sole power of representation
born: 14.06.1950
Profession: Businessman
Marital status: married
Andreas Hoppe
D 74385 Pleidelsheim
authorized to jointly represent the company
born: 11.10.1963
Limited partner:
HELUKA Grundstücksverwaltung GmbH & Co.
KG
Emil-Riedl-Weg 6
D 82049 Pullach
Legal form: Ltd partnership with priv. ltd.
company as general partner
Total cap. EUR 4,500,000.00
contribution:
Share: EUR 4,500,000.00
Registered
on:
20.06.2007
Reg. data:
80797 München, HRA 90378
Manager:
HELU Verwaltungs-GmbH
Gröninger Str. 74
D 71254 Ditzingen
Legal form: Private limited company
Share capital: EUR 25,000.00
Registered
on:
23.12.2002
Reg. data:
70190 Stuttgart, HRB 206570
Manager:
Kabelmat Wickeltechnik GmbH
Steinbuckelweg 25
D 72293 Glatten
Legal form: Private limited company
Share capital: EUR 25,000.00
Registered
on:
15.07.2009
Reg. data:
70190 Stuttgart, HRB 730506
22.03.1978 - 26.11.1982
HELU-Kabel Vertriebsgesellschaft mbH
D 71254
Ditzingen
Private
limited company
26.11.1982 - 08.08.1996
HELU-Kabel Vertriebs GmbH
D 71282 Hemmingen
Private
limited company
Sectors
27330 Manufacture of electric
installation supplies
27900 Manufacture of other
electric equipment n.e.c.
4643 Wholesale of electrical
household appliances and radio
and televisiongoods
Branch:
HELU-Kabel GmbH *Lager*
Saarstr. 48
D 71282 Hemmingen
Branch:
HELU Kabel GmbH -Niederlassung-
Richtwasen 26
D 91575 Windsbach
TEL.: 09871/9055
FAX.: 09871/1055
Branch:
HELU Kabel GmbH -Niederlassung-
Eichelbergstr. 7
D 09212 Limbach-Oberfrohna
TEL.: 03722/60860
FAX.: 03722/6086420
Branch:
HELU KABEL GmbH - Niederlassung Neuenhagen
Zum Mühlenfließ 1
D 15366 Neuenhagen
TEL.: 03342-23970
FAX.: 03342-80033
Branch:
HELU KABEL GmbH *Logistikzentrum/Lager*
Willi-Bleicher-Str. 4-6
D 71282 Hemmingen
TEL.: 07150/605145
Payment experience: within agreed
terms
Negative information:We have no negative information at hand.
Maximum credit: 250,000 EUR
Balance sheet year: 2010
Type of ownership: Tenant
Address Dieselstr. 12
D 71282
Hemmingen
Type of ownership: proprietor
Share: 100.00 %
Address Richtwasen 26
D 91575 Windsbach
Land register documents were not available.
Principal bank
DEUTSCHE BANK, CHEMNITZ, SACHS
Further banks
BADEN-WÜRTTEMBERGISCHE BANK, LUDWIGSBURG, WÜRTT
KREISSPARKASSE BÖBLINGEN, BÖBLINGEN
DEUTSCHE BANK, BÖBLINGEN
COMMERZBANK, BÖBLINGEN
VOLKSBANK LUDWIGSBURG, LUDWIGSBURG, WÜRTT
UNICREDIT BANK - HYPOVEREINSBANK, BÖBLINGEN
Turnover: 2010 EUR 290,310,949.00
Profit: 2010 EUR 21,844,750.00
Equipment:
EUR 1,003,516.00
Ac/ts receivable:
EUR 40,762,149.00
Liabillities:
EUR 35,703,998.00
Employees: 557
- thereof permanent staff: 557
Balance sheet ratios 01.01.2010 - 31.12.2010
Equity ratio [%]:
70.11
Liquidity ratio:
1.59
Return on total capital [%]:
15.21
Balance sheet grade:
1.2
Balance sheet ratios 01.01.2009 - 31.12.2009
Equity ratio [%]:
72.33
Liquidity ratio:
1.34
Return on total capital [%]:
18.14
Balance sheet grade:
1.2
Balance sheet ratios 01.01.2008 - 31.12.2008
Equity ratio [%]:
49.43
Liquidity ratio:
0.64
Return on total capital [%]:
0.23
Balance sheet grade:
2.7
Balance sheet ratios 01.01.2007 - 31.12.2007
Equity ratio [%]:
47.53
Liquidity ratio:
0.61
Return on total capital [%]:
12.66
Balance sheet grade:
1.8
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 142,863,496.97
Fixed assets EUR 13,853,380.78
Intangible assets EUR 710,232.38
Concessions, licences, rights EUR 675,912.38
Advance payments for intang. assets EUR 34,320.00
Tangible assets EUR 9,867,092.49
Land / similar rights EUR 8,246,212.53
Plant / machinery EUR 570,625.77
Other tangible assets / fixtures and
fittings EUR 1,003,516.00
Advance payments made / construction
in progress EUR 46,738.19
Financial assets EUR 3,276,055.91
Shares in participations /
subsidiaries and the like EUR 1,276,055.91
Shares in related companies EUR 1,270,905.91
Shares in cooperatives EUR 5,150.00
Other loans EUR 2,000,000.00
Current assets EUR 128,856,285.38
Stocks EUR 78,134,795.46
Raw materials, consumables and
supplies EUR 6,440,329.00
Finished goods / work in progress EUR
71,694,466.46
Accounts receivable EUR 40,762,149.14
thereof total due from shareholders EUR 0.00
Trade debtors EUR 25,521,176.97
Amounts due from related companies EUR
9,899,985.55
Other debtors and assets EUR 5,340,986.62
Liquid means EUR 9,959,340.78
Remaining other assets EUR 153,830.81
Accruals (assets) EUR 153,830.81
thereof disagio EUR 3,585.00
LIABILITIES EUR 142,863,496.97
Shareholders' equity EUR 100,155,759.93
Capital EUR 5,000,000.00
Subscribed capital (share capital) EUR
5,000,000.00
Reserves EUR 69,000,000.00
Retained earnings / revenue reserves
EUR 69,000,000.00
Balance sheet profit/loss (+/-) EUR 26,155,759.93
Profit / loss brought forward EUR 4,311,010.33
Annual surplus / annual deficit EUR 21,844,749.60
Provisions EUR 7,003,738.63
Pension provisions and comparable
provisions EUR 834,680.46
Provisions for taxes EUR 923,300.00
Other / unspecified provisions EUR 5,245,758.17
Liabilities EUR 35,703,998.41
thereof total due to shareholders EUR 115,832.00
Financial debts EUR 4,931,620.88
Liabilities due to banks EUR 4,931,620.88
Other liabilities EUR 30,772,377.53
Trade creditors (for IAS incl. bills
of exchange) EUR 25,447,343.90
Liabilities from received advance
payments EUR
257,500.00
Liabililties due to related
companiesEUR 432,086.62
Unspecified other liabilities EUR 4,635,447.01
thereof liabilities from tax /
financial authorities EUR 3,077,825.05
thereof liabilities from social
security EUR 255,244.90
PROFIT
AND LOSS ACCOUNT (cost-summary method) according to Comm.
Code
(HGB)
Sales EUR 290,310,948.99
Inventory change + own costs (+/-) EUR 1,095,212.25
Inventory change (+/-) EUR 1,095,212.25
Other operating income EUR 1,241,742.24
Cost of materials EUR 215,615,433.23
Raw materials and supplies, purchased
goods EUR 209,773,514.45
Purchased services EUR 5,841,918.78
Gross result (+/-) EUR 77,032,470.25
Staff expenses EUR 22,854,397.83
Wages and salaries EUR 19,168,983.65
Social security contributions and
expenses for pension plans and
benefits EUR 3,685,414.18
Total depreciation EUR 1,205,557.73
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus. EUR 1,205,557.73
Other operating expenses EUR 26,102,290.73
Operating result from continuing
operations EUR 26,870,223.96
Result from participating interests
(+/-) EUR 3,151,782.74
Expenses / income from participations
EUR 3,151,782.74
Income from related companies EUR 3,151,782.74
Interest result (+/-) EUR -237,566.30
Interest and similar income EUR 409,857.00
thereof from related companies EUR 120,673.37
Interest and similar expenses EUR 647,423.30
Financial result (+/-) EUR 2,914,216.44
Result from ordinary operations (+/-) EUR
29,784,440.40
Extraordinary income EUR 403,000.00
Extraordinary expenses EUR 236,909.00
Extraordinary result (+/-) EUR 166,091.00
Income tax / refund of income tax
(+/-)EUR -7,979,623.73
Other taxes / refund of taxes EUR -126,158.07
Tax (+/-) EUR -8,105,781.80
Annual surplus / annual deficit EUR 21,844,749.60
Type
of balance
sheet: Company balance sheet
Financial
year: 01.01.2009 - 31.12.2009
ASSETS EUR 113,584,609.09
Fixed assets EUR 12,345,328.99
Intangible assets EUR 507,564.38
Concessions, licences, rights EUR 480,535.00
Advance payments for intang. assets EUR 27,029.38
Tangible assets EUR 10,561,891.17
Land / similar rights EUR 8,631,990.53
Plant / machinery EUR 446,548.00
Other tangible assets / fixtures and
fittings EUR 1,065,132.00
Advance payments made / construction
in progress EUR
418,220.64
Financial assets EUR 1,275,873.44
Shares in participations /
subsidiaries and the like EUR 1,275,873.44
Shares in related companies EUR 1,270,723.44
Shares in cooperatives EUR 5,150.00
Current assets EUR 101,158,045.10
Stocks EUR 65,618,364.02
Raw materials, consumables and
supplies EUR 3,862,921.51
Finished goods / work in progress EUR
61,755,442.51
Accounts receivable EUR 31,670,994.39
thereof total due from shareholders EUR
2,100,000.00
Trade debtors EUR 18,747,550.80
Amounts due from related companies EUR
7,408,767.11
Other debtors and assets EUR 5,514,676.48
Liquid means EUR 3,868,686.69
Remaining other assets EUR 81,235.00
Accruals (assets) EUR 81,235.00
thereof disagio EUR 4,607.00
LIABILITIES EUR 113,584,609.09
Shareholders' equity EUR 82,811,010.33
Capital EUR 5,000,000.00
Subscribed capital (share capital) EUR
5,000,000.00
Reserves EUR 54,000,000.00
Retained earnings / revenue reserves
EUR 54,000,000.00
Balance sheet profit/loss (+/-) EUR 23,811,010.33
Profit / loss brought forward EUR 3,631,285.82
Annual surplus / annual deficit EUR
20,179,724.51
Provisions EUR 4,810,309.54
Pension provisions and comparable
provisions EUR 1,366,756.00
Other / unspecified provisions EUR 3,443,553.54
Liabilities EUR 25,963,289.22
Financial debts EUR 6,963,679.74
Liabilities due to banks EUR 6,963,679.74
Other liabilities EUR 18,999,609.48
Trade creditors (for IAS incl. bills
of exchange) EUR 12,779,762.84
Liabilities from received advance
payments EUR 68,094.60
Liabililties due to related companiesEUR 235,284.65
Unspecified other liabilities EUR 5,916,467.39
thereof liabilities from tax /
financial authorities EUR 4,595,110.59
thereof liabilities from social
security EUR 162,756.41
PROFIT
AND LOSS ACCOUNT (cost-summary method) according to Comm.
Code
(HGB)
Sales EUR 193,329,003.11
Inventory change + own costs (+/-) EUR 46,436.38
Inventory change (+/-) EUR 46,436.38
Other operating income EUR 1,430,556.40
Cost of materials EUR 126,055,991.70
Raw materials and supplies, purchased
goods EUR 120,332,448.25
Purchased services EUR 5,723,543.45
Gross result (+/-) EUR 68,750,004.19
Staff expenses EUR 20,281,166.27
Wages and salaries EUR 16,901,667.00
Social security contributions and
expenses for pension plans and
benefits EUR 3,379,499.27
Total depreciation EUR 959,181.48
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus. EUR 959,181.48
Other operating expenses EUR 22,800,612.73
Operating result from continuing
operations EUR 24,709,043.71
Result from participating interests
(+/-) EUR 2,676,438.22
Expenses / income from participations
EUR 2,676,438.22
Income from related companies EUR 2,676,438.22
Interest result (+/-) EUR -684,030.31
Interest and similar income EUR 287,176.22
thereof from related companies EUR 36,165.45
Interest and similar expenses EUR 971,206.53
Financial result (+/-) EUR 1,992,407.91
Result from ordinary operations (+/-) EUR
26,701,451.62
Income tax / refund of income tax
(+/-)EUR -6,475,479.43
Other taxes / refund of taxes EUR -46,247.68
Tax (+/-) EUR -6,521,727.11
Annual surplus / annual deficit EUR 20,179,724.51
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.51.04 |
|
|
1 |
Rs.81.08 |
|
Euro |
1 |
Rs.67.39 |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.