MIRA INFORM REPORT

 

 

Report Date :

28.03.2012

 

IDENTIFICATION DETAILS

 

Name :

DECKEL MAHO SEEBACH GMBH

 

 

Registered Office :

Neue Str. 61 D 99846 Seebach Post Box:101220

 

 

Country :

Germany

 

 

Date of Incorporation :

21.11.1994

 

 

Com. Reg. No.:

HRB 403305

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Manufacture of other general-purpose machinery

 

 

No. of Employees :

475

 

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

 

Company name and address

 

Deckel Maho Seebach GmbH

 

Company Status:      active

Neue Str. 61

D 99846 Seebach

Post Box:

101220

Telephone:036929/8120

Telefax:  036929/812350

Homepage: www.deckel-maho.de

E-mail:   info@deckel-maho.de

 

 

Registration data

 

LEGAL FORM               Private limited company

Date of foundation:         21.11.1994

Shareholders'

agreement:                    21.11.1994

Registered on:               11.05.1995

Commercial Register:     Local court 07745 Jena

under:                            HRB 403305

 

 

Share capital                   

 

EUR          8,818,000.00

 

 

Shareholder

 

Gildemeister Aktiengesellschaft

Gildemeisterstr. 60

D 33689 Bielefeld

Post Box: 110351, D 33663 Bielefeld

Legal form: Public limited company

Share capital:     EUR        118,513,207.80

Share:             EUR          8,818,000.00

Registered on: 22.08.1899

Reg. data: 33602 Bielefeld, HRB 7144

Control and profit transfer agreement

 

Manager:

Hans-Günter Dose

Neue Str. 16

D 99846 Seebach

born: 12.12.1954

 

Manager:

Martin Gosch

D 73252 Lenningen

born: 07.09.1969

 

Proxy:

Heiko Oschmann

Dorfstr. 41

D 99848 Wutha-Farnroda

authorized to jointly represent the company

Profession: graduate engineer

 

Proxy:

Andreas Schmidt

Langenhainer Str. 12

D 99891 Tabarz

authorized to jointly represent the company

born: 29.09.1957

 

 

Further functions/participations of Hans-Günter Dose

(Manager)

 

Manager:

Gildemeister Drehmaschinen GmbH

Gildemeisterstr. 60

D 33689 Bielefeld

Legal form: Private limited company

Share capital:     EUR         11,000,000.00

Registered

on:         16.10.1992

Reg. data:  33602 Bielefeld, HRB 34369

 

 

COMPANY HISTORY

 

13.12.1994 - 13.12.1994  Deckel Maho Seebach GmbH

                         Neue Str. 61

                         D 99846 Seebach

                         Private limited company

 

 

BUSINESS ACTIVITIES

 

Main industrial sector

282     Manufacture of other general-purpose machinery

 

Secondary industrial sector

4662    Wholesale of machine tools

 

 

BRANCHES AND FACTORIES

 

Branch:

Deckel Maho Seebach GmbH

Lausitzer Str. 7

D 82538 Geretsried

 

 

FINANCIAL INFORMATION

 

Payment experience:  within agreed terms

 

Negative information:We have no negative information at hand.

 

Maximum credit:      250,000 EUR

 

 

REAL ESTATE

 

Type of ownership:   proprietor

Share:                100.00 %

Address              Neue Str. 61

                     D 99846 Seebach

 

Land register documents were not available.

 

 

BANKERS

 

Principal bank

WARTBURG-SPARKASSE, EISENACH, THÜR

Sort. code: 84055050, BIC: HELADEF1WAK

 

Further banks

WESTLB DÜSSELDORF, DÜSSELDORF

Sort. code: 30050000, Account no.: 426437, BIC: WELADEDDXXX

NORDDEUTSCHE LANDESBANK GIROZENTRALE, HANNOVER

Sort. code: 25050000, Account no.: 101450476, BIC: NOLADE2HXXX

LANDESBANK HESSEN-THÜR GIROZENTRALE ERFURT, ERFURT

Sort. code: 82050000, Account no.: 3000001028, BIC: HELADEFF820

WARTBURG-SPARKASSE, SEEBACH B EISENACH, THÜR

Sort. code: 84055050, Account no.: 17841, BIC: HELADEF1WAK

DEUTSCHE KREDITBANK, ERFURT

Sort. code: 12030000, Account no.: 938373, BIC: BYLADEM1001

 

 

FINANCIAL FIGURES

 

Financial year:      01.01. - 31.12.

Turnover:            2010               EUR        170,000,000.00

                     2011               EUR        240,000,000.00

further business figures:

Share capital:                          EUR          8,818,000.00

Real estate of the firm:                EUR         17,000,000.00

Employees:                                                    475

- Trainees:                                                    30

 

Control and profit transfer agreement to:

                     Gildemeister Aktiengesellschaft

                     Gildemeisterstr. 60

                     D 33689 Bielefeld

                     Post Box:

                     110351, D 33663 Bielefeld

 

The aforementioned business figures may partly be estimated

information based on average values in the line of business.

 

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.50.91

UK Pound

1

Rs.81.27

Euro

1

Rs.67.98

 

 

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.