MIRA
INFORM REPORT
|
Report Date : |
17.01.2012 |
IDENTIFICATION DETAILS
|
Name : |
LURGI GMBH |
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Registered Office : |
Lurgiallee 5 60439 Frankfurt am Main |
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Country : |
Germany |
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|
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Financials (as on) : |
31.12.2007 |
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Date of Incorporation : |
10.02.1984 |
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Com. Reg. No.: |
HRB 82129 |
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Legal Form : |
Private limited company |
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|
Line of Business : |
Manufacture of other general-purpose machinery n.e.c. |
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No. of Employees : |
569 |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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Payment Behaviour : |
No Complaints |
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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 |
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Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
COMPANY NAME
Lurgi GmbH
Main addresS
Lurgiallee 5
D 60439 Frankfurt
Telephone:069/58080
Telefax: 069/58083888
Homepage: www.lurgi.com
E-mail: communication@lurgi.com
VAT no.: DE811166235
CONCLUSION
The company is considered solvent for credits within its scope of business.
Synthesis
LEGAL FORM Private
limited company
Date of foundation: 10.02.1984
Shareholders'
agreement: 22.11.2007
Registered on: 28.12.2007
Commercial Register: Local court 60313 Frankfurt
under: HRB 82129
Share capitaL
EUR 30,688,230.00
Shareholder
Air
Liquide Industriegase GmbH & Co. KG
Hans-Günther-Sohl-Str.
5
D
40235 Düsseldorf
Legal
form: Ltd partnership with priv. ltd.
company
as general partne
Total cap. EUR 10,000.0
contribution:
Share: EUR 30,688,230.00
Registered on: 28.09.2004
Reg. data: 40213 Düsseldorf, HRA 17661
Manager
Harald Notstain
D 65779 Kelkheim
born: 01.05.1955
Manager Dr. Ulrich Berger
D 63839
Kleinwallstadt
born:
05.11.1953
Manager: Paolo Servetto
D 60439
Frankfurt
born:
02.09.1964
Proxy: Dieter Grabenbauer
Paul-Martin-Ufer
21a
D 68163
Mannheim
authorized to
jointly represent the company
born:
24.03.1956
Profession:
graduate engineer
Proxy: Dr. Ulrich Schwalm
D 89073 Ulm
authorized to
jointly represent the company
born:
03.08.1948
Proxy: Dr. Ulrich Schaefer
D 63477
Maintal
authorized to
jointly represent the company
born:
27.04.1956
Marital
status: unknown
Proxy: Christian Schön
D 65812 Bad
Soden
authorized to
jointly represent the company
born: 14.02.1966
Marital
status: unknown
Proxy: Helmut Maschke
Hardtbergstr.
7
D 61449
Steinbach
authorized to
jointly represent the company
born:
20.02.1962
Profession:
Fully qualified management
expert
Marital
status: unknown
Proxy: Petra Rehberg
D 61440
Oberursel
authorized to
jointly represent the company
born:
28.12.1949
Proxy: Dr. Ulrich Wagner
D 18230
Biendorf
authorized to
jointly represent the company
born:
14.05.1949
Proxy: Helmut Zissel
D 67227
Frankenthal
authorized to
jointly represent the company
born:
25.12.1957
Profession:
Lawyer
Proxy:
Beate
Melischko
D 65527 Niedernhausen
authorized to
jointly represent the company
born:
19.10.1960
Proxy:
Ulf Herrlett
D 63110
Rodgau
authorized to
jointly represent the company
born:
04.05.1964
Proxy:
Dhruva Nabar
D 61137
Schöneck
authorized to
jointly represent the company
born:
15.05.1960
Proxy:
Norbert Palauschek
D 65510
Idstein
authorized to
jointly represent the company
born:
29.01.1962
Proxy:
Dr. Carsten
Mink
D 64572
Büttelborn
authorized to jointly
represent the company
born:
10.05.1964
Proxy:
Helmut Maske
D 61449
Steinbach
authorized to
jointly represent the company
born: 20.02.1962
Proxy:
Ulrich Heindl
D 60308
Frankfurt
authorized to
jointly represent the company
born:
29.12.1966
Proxy:
Dr. Thomas
Wurzel
D 61440
Oberursel
authorized to
jointly represent the company
born:
18.05.1968
Proxy:
Michael
Heberle
D 65033
Wiesbaden
authorized to
jointly represent the company
born:
29.06.1960
COMPANY HISTORY
10.02.1984 - 13.02.1991 Lurgi
GmbH
Lurgiallee 5
D 60439
Frankfurt
Private
limited company
13.02.1991 - 28.12.2007 Lurgi
Aktiengesellschaft (bis
28.12.2007)
Lurgiallee 5 LURGI-Haus
D 60439
Frankfurt
Public
limited company
RESIGNED ACTING PERSONS AND SHAREHOLDERS
14.03.2008 - 02.12.2011 President
of the Board of Management
Francois
Charles Nicolas Venet
D 60311
Frankfurt
18.11.2009 - 07.07.2011 Manager
Waldemar
Winkler
D 90592
Schwarzenbruck
21.02.2008 - 07.07.2011 Manager
Dieter
Grabenbauer
D 68163
Mannheim
21.02.2008 - 24.01.2011 Manager
Jens
Dornedden
D 40670 Meerbusch
BUSINESS ACTIVITIES
Main industrial sector
2829 Manufacture of other
general-purpose machinery n.e.c.
52299 Service activities
incidental to transportation n.e.c.
7010 Activities of head offices
71121 Engineering activities in
the field of technical overall planning
BRANCHES AND FACTORIES
Branch:
Lurgi GmbH
Gwinnerstr.
27-33
D 60388
Frankfurt
TEL.:
069/58080
PARTICIPATIONS
General partner:
Thyssen-Lurgi-Technip (TLT)
Hans-Günther-Sohl-Str. 1
D 40235
Düsseldorf
Legal form:
Partnership under the Civil Code
Company
Status: active
General partner:
Technip S.A.,
Thyssen Rheinstahl Technik
GmbH, Lurgi
Aktiengesellschaft
Maienweg 1
D 06237 Leuna
Legal form:
Partnership under the Civil Code
Company
Status: dissolved since: 01.01.2000
Shareholder:
L. U. B.
Lurgi-Umwelt-Beteiligungsgesellschaft mbH
Lurgiallee 5
D 60439
Frankfurt
Legal form:
Private limited company
Company
Status: active
Share
capital: EUR 21,985,550.89
Share: EUR 21,985,550.89
Reg.
data: 26.07.1989
Local court 60313 Frankfurt
HRB 30731
Shareholder:
PETROBAU
Ingenieur-Gesellschaft mit
beschränkter
Haftung
Lurgiallee 5
D 60439
Frankfurt
Legal form:
Private limited company
Company
Status: active
Share
capital: EUR 153,387.56
Share: EUR 153,387.56
Reg.
data: 24.08.2000
Local court 60313 Frankfurt
HRB 50222
Shareholder:
Lurgi
Umwelttechnik GmbH
Käthe-Kollwitz-Str. 21
D 04109
Leipzig
Legal form:
Private limited company
Company
Status: active
Share
capital: EUR 76,693.78
Share: EUR 76,693.78
Reg.
data: 27.09.1991
Local court 04275 Leipzig
HRB 3649
Shareholder:
Lurgi
Chemotechnik GmbH
Lurgiallee 5
D 60439
Frankfurt
Legal form:
Private limited company
Company
Status: dissolved since: 26.08.2010
Share
capital: EUR 51,129.19
Share: EUR 51,129.19
Reg.
data: 23.10.1964
Local court 60313 Frankfurt
HRB 6994
Shareholder:
Lurgi
Altersversorgung GmbH
Lurgiallee 5
D 60439
Frankfurt
Legal form:
Private limited company
Company
Status: dissolved since: 26.08.2010
Share
capital: EUR 30,000.00
Share: EUR 30,000.00
Reg.
data: 15.11.1999
Local court 60313 Frankfurt
HRB 48272
Shareholder:
Lurgi Werkstätten GmbH
Gwinnerstr.
33-42
D 60388
Frankfurt
Legal form:
Private limited company
Company
Status: dissolved since: 26.08.2010
Share
capital: EUR 25,564.59
Share: EUR 25,564.59
Reg.
data: 25.10.1954
Local court 60313 Frankfurt
HRB 8740
Shareholder:
Gotek
Altersversorgung GmbH
Gwinnerstr.
42-46
D 60388
Frankfurt
Legal form:
Private limited company
Company
Status: dissolved since: 26.08.2010
Share
capital: EUR 25,564.59
Share: EUR 25,564.59
Reg.
data: 22.10.1964
Local court 60313 Frankfurt
HRB 6988
Shareholder:
Lurgi Chemie
und Hüttentechnik Gesellschaft
mit
beschränkter Haftung
Lurgiallee 5
D 60439
Frankfurt
Legal form:
Private limited company
Company
Status: dissolved since: 26.08.2010
Share
capital: EUR 25,564.59
Share: EUR 25,564.59
Reg. data: 01.02.1902
Local court 60313 Frankfurt
HRB 6987
Shareholder:
Lurgi Zimmer
GmbH
Lurgiallee 5
D 60439
Frankfurt
Legal form: Private limited company
Company
Status: active
Share
capital: EUR 25,000.00
Share: EUR 25,000.00
Reg.
data: 07.12.2006
Local court 60313 Frankfurt
HRB 78688
Shareholder:
Lurgi
Beteiligungs GmbH
Lurgiallee 5
D 60439
Frankfurt
Legal form: Private limited company
Company
Status: active
Share
capital: EUR 25,000.00
Share: EUR 25,000.00
Reg.
data: 21.12.2006
Local court 60313 Frankfurt
HRB 78869
Financial Information
Payment Experience : Within periods customary in this trade.
Negative information : We have no negative information at hand.
Balance sheet
year: 2007
REAL ESTATE
Type of ownership: Tenant
Address Lurgiallee 5 D 60439 Frankfurt
Land register documents were not available.
BANKERS
DEUTSCHE BANK FILIALE, FRANKFURT AM MAIN
Sort. code: 50070010, Account no.: 094292002, BIC: DEUTDEFFXXX
FINANCIAL FIGURES
Turnover: 2010 EUR 67,000,000.00
Employees:
569
BALANCE SHEETS
Balance sheet ratios 01.01.2007 - 31.12.2007
Equity ratio [%]:
2.11
Liquidity ratio:
1.56
Return on total capital [%]: -22.35
Balance sheet grade: 4.3
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.
Balance sheet grade
The balance sheet grade is based on the following ratios: equity ratio,
liquidity ratio and return on total capital from the balance sheets published
in the Federal Gazette.
Type of balance
sheet: Company
balance sheet
Financial
year: 01.01.2007 - 31.12.2007
ASSETS EUR 794,166,000.00
Fixed assets EUR 46,040,000.00
Intangible assets EUR 31,346,000.00
Other / unspecified intangible
assetsEUR 31,346,000.00
Tangible assets EUR 1,991,000.00
Other / unspecified tangible assets EUR
1,991,000.00
Financial assets EUR 12,703,000.00
Other / unspecified financial assets
EUR 12,703,000.00
Current assets EUR 747,651,000.00
Accounts receivable EUR 716,217,000.00
Other
debtors and assets EUR 716,217,000.00
Investments in current assets EUR 1,973,000.00
Liquid means EUR 29,461,000.00
Remaining other assets EUR 475,000.00
Accruals (assets) EUR 475,000.00
LIABILITIES EUR 794,166,000.00
Shareholders' equity EUR 171,318,000.00
Capital EUR 30,688,000.00
Subscribed capital (share capital) EUR
30,688,000.00
Reserves EUR 140,630,000.00
Capital reserves EUR 140,630,000.00
Provisions EUR 223,900,000.00
Liabilities EUR 396,253,000.00
Other liabilities EUR 396,253,000.00
Unspecified other liabilities EUR 396,253,000.00
Other liabilities EUR 2,695,000.00
Deferrals (liabilities) EUR 2,695,000.00
Profit and loss
account (cost-summary method) according to Comm.
Code (HGB)
Sales EUR 478,155,000.00
Inventory change + own costs (+/-) EUR
-65,742,000.00
Inventory change (+/-) EUR -65,742,000.00
Other operating income EUR 17,637,000.00
Cost of materials EUR 391,436,000.00
Gross result (+/-) EUR 38,614,000.00
Staff expenses EUR 62,369,000.00
Total depreciation EUR 5,344,000.00
Other operating expenses EUR 123,509,000.00
Operating result from continuing
operations EUR -152,608,000.00
Result from participating interests
(+/-) EUR 511,000.00
Interest result (+/-) EUR 14,368,000.00
Other financial result EUR -4,488,000.00
Depreciation on financial assets and
marketable securities EUR 4,488,000.00
Financial result (+/-) EUR 10,391,000.00
Result from ordinary operations (+/-) EUR
-142,217,000.00
Income from assumption of loss by
parent company EUR 142,217,000.00
Annual surplus / annual
deficit EUR
0.00
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.51.65 |
|
|
1 |
Rs.79.10 |
|
Euro |
1 |
Rs.65.32 |
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 |
|
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NB |
New Business |
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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.