|
Report Date : |
31.07.2012 |
IDENTIFICATION DETAILS
|
Name : |
ZSK STICKMASCHINEN GMBH |
|
|
|
|
Registered Office : |
Magdeburger Str.
38-40, D 47800 Krefeld |
|
|
|
|
Country : |
Germany |
|
|
|
|
Financials (as on) : |
31.12.2010 |
|
|
|
|
Date of Incorporation : |
28.12.1983 |
|
|
|
|
Com. Reg. No.: |
HRB 2747 |
|
|
|
|
Legal Form : |
Private Limited Company |
|
|
|
|
Line of Business : |
Wholesaler of machinery for the textile
industry and of sewing and knitting machines |
|
|
|
|
No. of Employees : |
19 |
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 : |
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 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 |
ZSK Stickmaschinen
GmbH
Magdeburger Str.
38-40
D 47800 Krefeld
Telephone: 02151/444-0
Telefax: 02151/444170
Homepage: www.zsk.de
E-mail: zsk@zsk.de
DE120154203
LEGAL FORM Private
limited company
Date of foundation: 28.12.1983
Shareholders'
agreement: 28.12.1983
Registered on: 19.01.1984
Commercial Register: Local court 47798 Krefeld
under: HRB
2747
Share capital: EUR 8,000,000.00
IPM Industrie
Participation Management M.A.
Wagner GmbH
Essener Str. 10
D 46047 Oberhausen
Legal form: Private
limited company
Share
capital: EUR 25,564.59
Share: EUR 8,000,000.00
Registered on:
21.02.1992
Reg. data: 47051
Duisburg, HRB 12572
Wolfgang Glücks
Semmelweisstr. 42
D 45470 Mülheim
born: 13.09.1956
Profession:
Solicitor
Marital status:
married
Manager:
Uwe Rücker
Müllerstr. 14b
D 45473 Mülheim
born: 01.02.1966
Marital status:
married
Further functions/participations of Wolfgang
Glücks (Manager)
Manager:
GGZ Gefahrgutzentrum Frankenthal
GmbH
Siemensstr. 46
D 67227 Frankenthal
Legal form: Private
limited company
Share capital: EUR 51,200.00
Registered
on: 29.11.1995
Reg. data: 67061 Ludwigshafen, HRB 21795
Manager:
IAD Industrieanlagen -
Dienst GmbH
Lemgostr. 21
D 80935 München
Legal form: Private
limited company
Share capital: EUR 37,000.00
Registered
on: 23.06.1999
Reg. data: 80797 München, HRB 50597
Manager:
Deufol Berlin GmbH
Piesporter Str. 50-52
D 13088 Berlin
Legal form: Private
limited company
Share capital: EUR 255,000.00
Registered
on: 18.11.2003
Reg. data: 14057 Berlin, HRB 90761 B
Manager:
IPM Wohnungsbau GmbH
Essener Str. 2-24
D 46047 Oberhausen
Legal form: Private limited company
Share capital: EUR 25,000.00
Registered
on: 26.04.2005
Reg. data: 47051 Duisburg, HRB 17672
Manager:
B V U Bayerisches Verpackungs-Unternehmen
Gesellschaft mit
beschränkter Haftung
Lemgostr. 21
D 80935 München
Legal form: Private
limited company
insolvent
Share capital: EUR 767,000.00
Registered
on: 16.07.1968
Reg. data: 80797 München, HRB 40163
Member of the Board of Directors:
m c n tele.com AG
Im Galluspark 17
D 60326 Frankfurt
Legal form: Public limited
company
Share capital: EUR 1,031,654.00
Registered
on: 14.12.2010
Reg. data: 60313 Frankfurt, HRB 89717
Member of the Board of Directors:
Q 1 Carrier AG
Im Galluspark 17
D 60326 Frankfurt
Legal form: Public limited
company
Share capital: EUR 53,337.00
Registered
on: 01.12.2010
Reg. data: 60313 Frankfurt, HRB 89617
Member of the Supervisory Board:
conVisual
Aktiengesellschaft
Essener Str. 99
D 46047 Oberhausen
Legal form: Public limited
company
Share capital: EUR 4,964,849.00
Registered
on: 06.12.2000
Reg. data: 47051 Duisburg, HRB 13458
Further functions/participations of Uwe Rücker
(Manager)
Shareholder:
INDU JUWEL GmbH
Essener Str. 2-24
D 46047 Oberhausen
Legal form: Private
limited company
Share capital: EUR 25,000.00
Share: EUR 12,500.00
Registered
on: 15.03.2011
Reg. data: 47051 Duisburg, HRB 23245
Shareholder:
Enable-IT GmbH
Essener Str. 2-24
D 46047 Oberhausen
Legal form: Private
limited company
Share capital: EUR 25,000.00
Share: EUR 2,500.00
Registered
on: 28.11.2000
Reg. data: 47051 Duisburg, HRB 13452
Manager:
EASY SOLUTIONS GmbH
Am Hauptbahnhof 4
D 45468 Mülheim
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 13.02.2001
Reg. data: 47051 Duisburg, HRB 15969
Manager:
Rücker Consulting GmbH
Essener Str. 2-24
D 46047 Oberhausen
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 27.12.2000
Reg. data: 47051 Duisburg, HRB 15934
Manager:
Baumann Technologie GmbH
Essener Str. 2-10
D 46047 Oberhausen
Legal form: Private
limited company
Share capital: EUR 25,564.60
Registered
on: 14.02.1997
Reg. data: 47051 Duisburg, HRB 12959
Manager:
INDU JUWEL GmbH
Essener Str. 2-24
D 46047 Oberhausen
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 15.03.2011
Reg. data: 47051 Duisburg, HRB 23245
19.01.1984 - 18.09.2002 ZSK
- Stickmaschinen -Gesellschaft mit
beschränkter Haftung
Magdeburger Str. 38-40
D 47800 Krefeld
Private limited
company
Sectors
46640 Wholesale
of machinery for the textile industry and of sewing and knitting machines
Payment experience: within agreed terms
Negative information: We have no negative information at hand.
Balance sheet year: 2010
Type of ownership: proprietor
Share: 100.00 %
Address Magdeburger Str. 38-40
D 47800 Krefeld
Type of real estate: administrative premises
Land register documents were not available.
WGZ BANK, DÜSSELDORF
Sort. code: 30060010, BIC: GENODEDDXXX
COMMERZBANK VORMALS DRESDNER BANK, KREFELD
Sort. code: 32080010, BIC: DRESDEFF320
SEB, KREFELD
Sort. code: 30010111, BIC: ESSEDE5F300
COMMERZBANK, KREFELD
Sort. code: 32040024, BIC: COBADEFF320
POSTBANK, KÖLN
Sort. code: 37010050, BIC: PBNKDEFF370
Gross profit or loss:2010 EUR 5,805,451.00
Profit:
2010 EUR -2,561,898.00
Equipment: EUR 219,158.00
Ac/ts receivable: EUR 3,411,707.00
Liabilities: EUR 10,170,297.00
Employees:
19
Balance sheet ratios 01.01.2010 - 31.12.2010
Equity ratio [%]: 51.74
Liquidity ratio: 0.74
Return on total capital [%]: -23.67
Balance sheet ratios 01.01.2009 - 31.12.2009
Equity ratio [%]: 60.10
Liquidity ratio: 0.74
Return on total capital [%]: -26.49
Balance sheet ratios 01.01.2008 - 31.12.2008
Equity ratio [%]: 62.45
Liquidity ratio: 0.75
Return on total capital [%]: -22.66
Balance sheet ratios 01.12.2007 - 31.12.2007
Equity ratio [%]: 71.45
Liquidity ratio: 1.59
Return on total capital [%]: -12.07
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:
01.01.2010 - 31.12.2010
ASSETS EUR 10,913,268.41
Fixed
assets EUR 2,983,488.08
Intangible
assets EUR 4,042.00
Other /
unspecified intangible assetsEUR
4,042.00
Tangible
assets EUR 2,697,446.08
Land /
similar rights EUR 2,429,226.00
Plant /
machinery EUR 49,062.00
Other
tangible assets / fixtures and
fittings
EUR 219,158.08
Financial
assets EUR 282,000.00
Shares in
participations /
subsidiaries
and the like EUR 282,000.00
Shares in
related companies EUR 282,000.00
Current
assets EUR 7,879,609.57
Stocks EUR 4,397,887.70
Accounts
receivable EUR 3,411,706.69
Amounts due
from related companies EUR 153,680.54
Other
debtors and assets EUR 3,258,026.15
Liquid
means EUR 70,015.18
Remaining
other assets EUR 50,170.76
Accruals
(assets) EUR 19,396.37
Active
difference from asset
offsetting
EUR 30,774.39
LIABILITIES
EUR 10,913,268.41
Shareholders'
equity EUR 150,364.17
Capital EUR 8,000,000.00
Subscribed
capital (share capital) EUR 8,000,000.00
Reserves EUR 2,748,132.75
Capital
reserves EUR 2,748,132.75
Balance
sheet profit/loss (+/-) EUR -10,597,768.58
Profit /
loss brought forward EUR -8,035,870.43
Annual
surplus / annual deficit EUR -2,561,898.15
Provisions EUR 592,607.71
Liabilities EUR 10,170,296.53
Financial
debts EUR 539,057.00
Liabilities
due to banks EUR 539,057.00
Other
liabilities EUR 9,631,239.53
Liabililties due to related companiesEUR 5,496,852.69
Unspecified
other liabilities EUR 4,134,386.84
PROFIT AND LOSS ACCOUNT (cost-summary method)
according to Comm.
Code (HGB)
Gross result
(+/-) EUR 5,805,451.25
Staff
expenses EUR 4,948,352.59
Wages and
salaries EUR 4,246,886.54
Social
security contributions and
expenses for
pension plans and
benefits
EUR 701,466.05
Total
depreciation EUR 330,672.41
Depreciation
on tangible / intangible
asssets
(incl. start-up and exp. of
bus. EUR 330,672.41
Other
operating expenses EUR 2,771,477.75
Operating
result from continuing
operations EUR -2,245,051.50
Interest
result (+/-) EUR -311,622.25
Interest and
similar income EUR 48,125.75
Interest and
similar expenses EUR 359,748.00
thereof
paid to related companies EUR 16,284.80
Financial
result (+/-) EUR -311,622.25
Result from
ordinary operations (+/-) EUR -2,556,673.75
Extraordinary
income EUR 20,781.88
Extraordinary
result (+/-) EUR 20,781.88
Income tax /
refund of income tax (+/-)EUR
-63.08
Other taxes /
refund of taxes EUR -25,943.20
Tax
(+/-)
EUR -26,006.28
Annual
surplus / annual deficit EUR -2,561,898.15
Type of balance
sheet:
Company balance sheet
Financial year:
01.01.2009 - 31.12.2009
ASSETS EUR 10,882,173.04
Fixed
assets EUR 3,797,844.67
Intangible
assets EUR 10,589.00
Other /
unspecified intangible assetsEUR
10,589.00
Tangible
assets EUR 3,013,448.67
Land / similar
rights EUR 2,638,258.00
Plant /
machinery EUR 59,886.00
Other
tangible assets / fixtures and
fittings
EUR 315,304.67
Financial
assets EUR 773,807.00
Shares in
participations /
subsidiaries and the like
EUR 282,000.00
Shares in
related companies EUR 282,000.00
Other /
unspecified financial assets EUR
491,807.00
Current
assets EUR 7,064,262.87
Stocks EUR 4,318,129.21
Accounts
receivable EUR 2,643,232.16
Amounts due
from related companies EUR 19,854.13
Other
debtors and assets EUR 2,623,378.03
Liquid
means EUR 102,901.50
Remaining
other assets EUR 20,065.50
Accruals
(assets) EUR
20,065.50
LIABILITIES EUR 10,882,173.04
Shareholders'
equity EUR 1,097,820.51
Capital EUR 8,000,000.00
Subscribed
capital (share capital) EUR 8,000,000.00
Reserves
EUR 1,133,690.94
Capital
reserves EUR 1,133,690.94
Balance
sheet profit/loss (+/-) EUR -8,035,870.43
Profit /
loss brought forward EUR -5,155,127.98
Annual
surplus / annual deficit EUR -2,880,742.45
Provisions EUR 662,557.00
Liabilities EUR 9,121,795.53
Financial debts EUR 822,668.67
Liabilities
due to banks EUR 822,668.67
Other
liabilities EUR 8,299,126.86
Liabililties due to related companiesEUR 5,444,479.23
Unspecified
other liabilities EUR 2,854,647.63
thereof
liabilities from tax /
financial
authorities EUR 0.00
PROFIT AND LOSS ACCOUNT (cost-summary method)
according to Comm.
Code (HGB)
Gross result (+/-) EUR 3,979,819.52
Staff
expenses EUR 4,304,550.28
Wages and
salaries EUR 3,580,806.98
Social
security contributions and
expenses for
pension plans and
benefits EUR 723,743.30
Total
depreciation EUR 400,298.85
Depreciation
on tangible / intangible
asssets
(incl. start-up and exp. of
bus. EUR 400,298.85
Other
operating expenses EUR 2,117,934.50
Operating
result from continuing
operations EUR -2,842,964.11
Interest
result (+/-) EUR -8,636.12
Interest and
similar income EUR 148,918.47
Interest and
similar expenses EUR 157,554.59
thereof
paid to related companies EUR 55,111.13
Financial
result (+/-) EUR -8,636.12
Result from
ordinary operations (+/-) EUR -2,851,600.23
Other taxes /
refund of taxes EUR -29,142.22
Tax
(+/-)
EUR -29,142.22
Annual
surplus / annual deficit EUR -2,880,742.45
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.44 |
|
UK Pound |
1 |
Rs.87.12 |
|
Euro |
1 |
Rs.68.15 |
INFORMATION DETAILS
|
Report Prepared
by : |
MNL |
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.