MIRA INFORM REPORT

 

 

Report Date :

08.05.2012

 

IDENTIFICATION DETAILS

 

Name :

WOOLWORTH GMBH

 

 

Registered Office :

Formerstr. 6, D 59425 Unna

 

 

Country :

Germany

 

 

Date of Incorporation :

02.11.1926

 

 

Com. Reg. No.:

HRB 6863

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Retail sale of miscellaneous goods (except food)

 

 

No. of Employees :

4,300

 

 

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 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

 

 


Company name

 

Woolworth GmbH

 

 

Company address

 

 

Formerstr. 6

D 59425 Unna

Telephone:        02303/5938100

Telefax:             02303/5938389

Homepage:        www.woolworth.de

E-mail:              info@woolworth.de

 

 

VAT no

 

DE271549856

 

 

Tax ID number

 

316/5788/0679

 

 

Synthesis

 

LEGAL FORM               Private limited company

Date of foundation:         02.11.1926

Begin of business

activities:                       01.07.2010

Shareholders'

agreement:                    18.05.2010

Registered on:               07.06.2010

Commercial Register:     Local court 59065 Hamm

under:                                       HRB 6863

Share capital:                 EUR         10,000,000.00

 

 


Shareholder

 

H. H. Holding GmbH

Edisonstr. 1

D 59199 Bönen

Legal form: Private limited company

Share capital:     EUR             25,000.00

Share:             EUR          3,350,000.00

Registered on: 20.09.2011

Reg. data: 59065 Hamm, HRB 7285

 

Shareholder:

                     Tengelmann Warenhandelsgesellschaft KG

                     Wissollstr. 5-43

                     D 45478 Mülheim

                     Post Box:

                     10 20 53, D 45466 Mülheim

                     Legal form: Limited partnership

                     Total cap.         EUR          7,500,000.00

                     contribution:

                     Share:             EUR          3,000,000.00

                     Registered on: 02.02.1903

                     Reg. data: 47051 Duisburg, HRA 8466

Shareholder:

                     B. H. Holding GmbH

                     Edisonstr. 1

                     D 59199 Bönen

                     Legal form: Private limited company

                     Share capital:     EUR            100,000.00

                     Share:             EUR          2,500,000.00

                     Registered on: 02.02.2012

                     Reg. data: 59065 Hamm, HRB 7399

Shareholder:

                     Heinz Speet

                     Bawinkeler Str. 7

                     D 49838 Gersten

                     born: 02.11.1958

                     Share:             EUR            500,000.00

Shareholder:

                     D.S. Holding GmbH

                     Mierendorffplatz 11

                     D 10589 Berlin

                     Legal form: Private limited company

                     Share capital:     EUR             25,000.00

                     Share:             EUR            500,000.00

                     Registered on: 22.05.2007

                     Reg. data: 14057 Berlin, HRB 107485 B

Shareholder:

                     NC Investor GmbH

                     Beckkamp 24

                     D 48317 Drensteinfurt

                     Legal form: Private limited company

                     Share capital:     EUR             25,000.00

                     Share:             EUR            100,000.00

                     Registered on: 10.01.2008

                     Reg. data: 48149 Münster, HRB 11302

Shareholder:

                     Gerald Finke

                     D 48143 Münster

                     born: 23.06.1958

                     Share:             EUR             50,000.00

 

 

Manager

 

Hans-Dieter Schindel

Mengeweg 29

D 59494 Soest

having sole power of representation

born: 11.03.1964

Profession: Businessman

 

Manager:

                     Thomas Leege

                     Mirower Str. 209

                     D 12623 Berlin

                     born: 19.12.1973

 

 

Proxy

 

Dirk Landwehr

Feidiekstr. 10

D 48231 Warendorf

having sole power of representation

born: 04.11.1967

Profession: Businessman

 

 

Further functions/participations of Hans-Dieter Schindel

(Manager)

 

General partner:

                     Hans-Dieter Schindel & Dagmar

                     Schindel-Wucher GbR

                     Mengeweg 29

                     D 59494 Soest

                     Legal form: Partnership under the Civil Code


Shareholder:

                     KiK Textilien und Non-Food GmbH

                     Siemensstr. 21

                     D 59199 Bönen

                     Post Box:

                     12 04 33,  Dortmund

                     Legal form: Private limited company

                     Share capital:     EUR         15,338,756.44

                     Share:             EUR             76,693.78

                     Registered

                     on:         24.09.2001

                     Reg. data:  59065 Hamm, HRB 4085

Shareholder:

                     D.S. Holding GmbH

                     Mierendorffplatz 11

                     D 10589 Berlin

                     Legal form: Private limited company

                     Share capital:     EUR             25,000.00

                     Share:             EUR             25,000.00

                     Registered

                     on:         22.05.2007

                     Reg. data:  14057 Berlin, HRB 107485 B

Manager:

                     D.S. Holding GmbH

                     Mierendorffplatz 11

                     D 10589 Berlin

                     Legal form: Private limited company

                     Share capital:     EUR             25,000.00

                     Registered

                     on:         22.05.2007

                     Reg. data:  14057 Berlin, HRB 107485 B

Manager:

                     Woolworth Logistik GmbH

                     Formerstr. 6

                     D 59425 Unna

                     Legal form: Private limited company

                     Share capital:     EUR             25,000.00

                     Registered

                     on:         20.07.2010

                     Reg. data:  59065 Hamm, HRB 6901

Shareholder:

                     S&S T-Shirt Textilienhandel AG

                     Hauptstr. 9b

                     D 13055 Berlin

                     Legal form: Public limited company

                     Share capital:     EUR             50,000.00

                     Share:      50.000 %

                     Registered

                     on:         19.05.2008

                     Reg. data:  14057 Berlin, HRB 113548 B


President of the Supervisory Board:

S&S T-Shirt Textilienhandel AG

Hauptstr. 9b

D 13055 Berlin

Legal form: Public limited company

Share capital:     EUR             50,000.00

Registered

on:         19.05.2008

Reg. data:  14057 Berlin, HRB 113548 B

 

 

COMPANY HISTORY

 

15.06.2010 - 19.08.2010            WOWO Handelsgesellschaft mbH

                         Siemensstr. 21

                         D 59199 Bönen

                         Private limited company

 

 

BUSINESS ACTIVITIES

 

Main industrial sector

47191   Retail sale of miscellaneous goods (except food)

4729    Other retail sale of food

4751    Retail sale of textiles

47599   Retail sale of household articles n.e.c.

 

 

BRANCHES AND FACTORIES

 

Works:

                     Woolworth GmbH

                     Kuhtorstr.

                     D 23758 Oldenburg

Works:

                     Woolworth GmbH

                     Holstenstr. 37

                     D 24103 Kiel

Works:

                     Woolworth GmbH

                     Breite Str. 39-43

                     D 23552 Lübeck

Works:

                     Woolworth GmbH

                     Westring 1-3

                     D 59065 Hamm

Works:

                     Woolworth GmbH

                     D 10115 Berlin

Works:

                     Woolworth GmbH

                     D 80331 München

Works:

                     Woolworth GmbH

                     D 44623 Herne

Works:

                     Woolworth GmbH

                     D 48527 Nordhorn

Works:

                     Woolworth GmbH

                     D 01968 Senftenberg

Works:

                     Woolworth GmbH

                     D 59423 Unna

Works:

                     Woolworth GmbH

                     D 76131 Karlsruhe

Works:

                     Woolworth GmbH

                     D 07545 Gera

Works:

                     Woolworth GmbH

                     D 01776 Hermsdorf

Works:

                     Woolworth GmbH

                     Rathausstr. 25

                     D 66333 Völklingen

Branch:

                     Woolworth GmbH

                     D 59199 Bönen

 

 

PARTICIPATIONS

 

Shareholder:

                     Woolworth Logistik GmbH

                     Formerstr. 6

                     D 59425 Unna

                     Legal form: Private limited company

                     Company Status: active

                     Share capital:     EUR             25,000.00

                     Share:             EUR             25,000.00

                     Reg. data:  20.07.2010

                                 Local court 59065 Hamm

                                 HRB 6901

 

 

FINANCIAL INFORMATION

 

Payment experience:     within agreed terms

 

Negative information:      We have no negative information at hand.

 

 

REAL ESTATE

 

Type of ownership:         Tenant

Address                        Formerstr. 6

                                    D 59425 Unna

 

Real Estate of:               Hans-Dieter Schindel

Type of ownership:         unknown

Address                        Sabine-Rosenbaum-Weg 22

                                    D 59494 Soest

 

Land register documents were not available.

 

 

BANKERS

 

SPARKASSE BERGKAMEN-BÖNEN, BÖNEN

Sort. code: 41051845, BIC: WELADED1BGK

 

VOLKSBANK BÖNEN, BÖNEN

Sort. code: 41062215, BIC: GENODEM1BO1

 

 

FINANCIAL FIGURES

 

Financial year:      01.04. - 31.03.

Share capital:                          EUR         10,000,000.00

Employees:                                                  4,300

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.53.34

UK Pound

1

Rs.86.09

Euro

1

Rs.69.37

 

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%)

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.