MIRA INFORM REPORT

 

 

Report Date :

27.11.2012

 

IDENTIFICATION DETAILS

 

Name :

K & L RUPPERT STIFTUNG & CO. HANDELS-KG

 

 

Registered Office :

Paradeisstr. 67, D 82362 Weilheim

 

 

Country :

Germany

 

 

Date of Incorporation :

01.01.1963

 

 

Com. Reg. No.:

HRA 75385

 

 

Legal Form :

Limited partnership with a foundation as general partner

 

 

Line of Business :

Retail sale of clothing

 

 

No. of Employees :

2600 employees

 

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 – June 30th, 2012

 

Country Name

Previous Rating

(31.03.2012)

Current Rating

(30.06.2012)

Germany

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 

germany - ECONOMIC OVERVIEW

 

The German economy - the fifth largest economy in the world in PPP terms and Europe's largest - is a leading exporter of machinery, vehicles, chemicals, and household equipment and benefits from a highly skilled labor force. Like its Western European neighbors, Germany faces significant demographic challenges to sustained long-term growth. Low fertility rates and declining net immigration are increasing pressure on the country's social welfare system and necessitate structural reforms. Reforms launched by the government of Chancellor Gerhard SCHROEDER (1998-2005), deemed necessary to address chronically high unemployment and low average growth, contributed to strong growth in 2006 and 2007 and falling unemployment. These advances, as well as a government subsidized, reduced working hour scheme, help explain the relatively modest increase in unemployment during the 2008-09 recession - the deepest since World War II - and its decrease to 6.0% in 2011. GDP contracted 5.1% in 2009 but grew by 3.6% in 2010, and 2.7% in 2011. The recovery was attributable primarily to rebounding manufacturing orders and exports - increasingly outside the Euro Zone. Germany's central bank projects that GDP will grow 0.6% in 2012, a reflection of the worsening euro-zone financial crisis and the financial burden it places on Germany as well as falling demand for German exports. Domestic demand is therefore becoming a more significant driver of Germany's economic expansion. Stimulus and stabilization efforts initiated in 2008 and 2009 and tax cuts introduced in Chancellor Angela MERKEL's second term increased Germany's budget deficit to 3.3% in 2010, but slower spending and higher tax revenues reduce the deficit to 1.7% in 2011, below the EU's 3% limit. A constitutional amendment approved in 2009 limits the federal government to structural deficits of no more than 0.35% of GDP per annum as of 2016. Following the March 2011 Fukushima nuclear disaster, Chancellor Angela Merkel announced in May 2011 that eight of the country's 17 nuclear reactors would be shut down immediately and the remaining plants would close by 2022. Germany hopes to replace nuclear power with renewable energy. Before the shutdown of the eight reactors, Germany relied on nuclear power for 23% of its energy and 46% of its base-load electrical production.

 

 

 

Source : CIA

 

 

 

Company name

 

K & L Ruppert Stiftung & Co. Handels-KG

 

 

Company address

 

Paradeisstr. 67

D 82362 Weilheim

Telephone:        0881/1800

Telefax:             0881/180230

Homepage:        www.kl-ruppert.de

E-mail:              info@kl-ruppert.de

 

 

VAT no.

 

DE811293532

 

 

Tax ID number

 

 168/165/52005

 

 

CONCLUSION

 

The company is considered solvent for credits within its scope of business.

 

 

Synthesis

 

LEGAL FORM               Limited partnership with a foundation as

                                    general partner

Date of foundation:         01.01.1963

Registered on:               17.12.1999

Register of

companies:                   Local court 80797 München

under:                           HRA 75385

Total cap. contribution:   EUR          1,525,000.00

 

General partner

 

Gebr. Ruppert Familienstiftung

Königstr. 3

D 70173 Stuttgart

Legal form: Private law foundation

 

 

Member of the Board of Directors

 

Susanne Ruppert

Steinberg 2

D 82407 Wielenbach

born: 21.08.1965

 

Member of the Board of Directors:

Dr. Rolf Stein

Paradeisstr. 67

D 82362 Weilheim

born: 09.02.1952

Profession: Fully qualified merchant

 

 

Limited partner

 

K + L Ruppert Zentralverwaltung Stiftung &

Co. KG

Paradeisstr. 67

D 82362 Weilheim

Legal form: Limited partnership with a

foundation as general partner

Total cap.         EUR         12,800,000.00

contribution:

Share:             EUR          1,525,000.00

Registered on: 18.01.1996

Reg. data: 80797 München, HRA 70678

 

 

COMPANY HISTORY

 

01.01.1963 - 17.12.1999  K & L Ruppert GmbH (AG München, HRB

                         59478)

                         Paradeisstr. 67

                         D 82362 Weilheim

                         Private limited company

17.12.1999 - 04.09.2001  K & L Ruppert GmbH & Co. KG

                         Paradeisstr. 67

                         D 82362 Weilheim

                         Ltd partnership with priv. ltd. company

                         as general partner

05.09.2001 - 14.01.2002  K & L Ruppert Stiftung & Co. KG

                         Paradeisstr. 67

                         D 82362 Weilheim

                         Ltd partnership with priv. ltd. company

                         as general partner

 

 

BUSINESS ACTIVITIES

 

Sectors

47710   Retail sale of clothing

 

 

BRANCHES AND FACTORIES

 

Branch:

                     K & L Ruppert Stiftung & Co. Handels-KG

                     Schmiedstr. 15

                     D 82362 Weilheim

                     TEL.: 0881/49034

Branch:

                     K & L Ruppert Stiftung & Co. Handels-KG

                     Bahnhofstr. 6

                     D 87435 Kempten

                     TEL.: 0831/522270

                     FAX.: 0831/5222730

Branch:

                     K & L Ruppert Stiftung & Co. Handels-KG

                     Hirschstr. 10

                     D 89073 Ulm

                     TEL.: 0731/967690

                     FAX.: 0731/9676999

Branch:

                     K & L Ruppert Stiftung & Co. Handels-KG

                     Postplatz 1

                     D 08523 Plauen

                     TEL.: 03741/14718-0

                     FAX.: 03741/14718-1

Branch:

                     K & L Ruppert Stiftung & Co. Handels-KG

                     D 85049 Ingolstadt

Branch:

                     K & L Ruppert Stiftung & Co. Handels-KG

                     D 83022 Rosenheim

                     TEL.: kein Eintrag

                     FAX.: kein Eintrag

Branch:

                     K & L Ruppert Stiftung & Co. Handels-KG

                     D 84453 Mühldorf

                     TEL.: kein Eintrag

                     FAX.: kein Eintrag

Branch:

                     K & L Ruppert Stiftung & Co. Handels-KG

                     D 92318 Neumarkt

Branch:

                     K & L Ruppert Stiftung & Co. Handels-KG

                     D 94032 Passau

Branch:

                     K & L Ruppert Stiftung & Co. Handels-KG

                     D 83395 Freilassing

                     TEL.: kein Eintrag

                     FAX.: kein Eintrag

Branch:

                     K & L Ruppert Stiftung & Co. Handels-KG

                     D 87700 Memmingen

                     TEL.: kein Eintrag

                     FAX.: kein Eintrag

Branch:

                     K & L Ruppert Stiftung & Co. Handels-KG

                     Maybachstr. 2

                     D 84030 Landshut

                     TEL.: kein Eintrag

                     FAX.: kein Eintrag

Branch:

                     K & L Ruppert Stiftung & Co. Handels-KG

                     Hohenzollernring 58

                     D 95444 Bayreuth

                     TEL.: 0921/7454479-0

                     FAX.: 0921/7454479-1

Branch:

                     K & L Ruppert Stiftung & Co. Handels-KG

                     D 92224 Amberg

Branch:

                     K & L Ruppert Stiftung & Co. Handels-KG

                     D 87600 Kaufbeuren

                     TEL.: kein Eintrag

                     FAX.: kein Eintrag

Branch:

                     K & L Ruppert Stiftung & Co. Handels-KG

                     D 92637 Weiden

Branch:

                     K & L Ruppert Stiftung & Co. Handels-KG

                     D 85354 Freising

                     TEL.: kein Eintrag

                     FAX.: kein Eintrag

Branch:

                     K & L Ruppert Stiftung & Co. Handels-KG

                     Weichser Weg 5

                     Donaueinkaufszentrum

                     D 93059 Regensburg

                     TEL.: 0941/298696-0

Branch:

                     K & L Ruppert Stiftung & Co. Handels-KG

                     Willy-Brandt-Platz 5

                     D 81829 München

                     TEL.: 089/1592364-0

                     FAX.: 089/1592364-1

Branch:

                     K & L Ruppert Stiftung & Co. Handels-KG

                     D 88045 Friedrichshafen

Branch:

                     K & L Ruppert Stiftung & Co. Handels-KG

                     D 86150 Augsburg

                     TEL.: kein Eintrag

                     FAX.: kein Eintrag

Branch:

                     K & L Ruppert Stiftung & Co. Handels-KG

                     D 86609 Donauwörth

                     TEL.: kein Eintrag

                     FAX.: kein Eintrag

Branch:

                     K & L Ruppert Stiftung & Co. Handels-KG

                     D 98527 Suhl

Branch:

                     K & L Ruppert Stiftung & Co. Handels-KG

                     D 95028 Hof

Branch:

                     K & L Ruppert Stiftung & Co. Handels-KG

                     D 96450 Coburg

Branch:

                     K & L Ruppert Stiftung & Co. Handels-KG

                     D 78050 Villingen-Schwenningen

Branch:

                     K & L Ruppert Stiftung & Co. Handels-KG

                     Heinkelstr. 1-11

                     D 71634 Ludwigsburg

                     TEL.: 07141/643198-0

Branch:

                     K & L Ruppert Stiftung & Co. Handels-KG

                     Karlstr. 12

                     D 89518 Heidenheim

                     TEL.: 07321/94693-0

Branch:

                     K & L Ruppert Stiftung & Co. Handels-KG

                     D 94315 Straubing

                     TEL.: kein Eintrag

                     FAX.: kein Eintrag

Branch:

                     K & L Ruppert Stiftung & Co. Handels-KG

                     D 93413 Cham

Branch:

                     K & L Ruppert Stiftung & Co. Handels-KG

                     D 94469 Deggendorf

Branch:

                     K & L Ruppert Stiftung & Co. Handels-KG

                     D 91052 Erlangen

Branch:

                     K & L Ruppert Stiftung & Co. Handels-KG

                     D 88212 Ravensburg

Branch:

                     K & L Ruppert Stiftung & Co. Handels-KG

                     D 84347 Pfarrkirchen

                     TEL.: kein Eintrag

                     FAX.: kein Eintrag

Branch:

                     K & L Ruppert Stiftung & Co. Handels-KG

                     D 97070 Würzburg

Branch:

                     K & L Ruppert Stiftung & Co. Handels-KG

                     D 63739 Aschaffenburg

Branch:

                     K & L Ruppert Stiftung & Co. Handels-KG

                     D 72764 Reutlingen

Branch:

                     K & L Ruppert Stiftung & Co. Handels-KG

                     Münchener Str. 75

                     D 82362 Weilheim

                     TEL.: 0881/9245335-0

Branch:

                     K & L Ruppert Stiftung & Co. Handels-KG

                     Blaubeurer Str. 95

                     D 89077 Ulm

                     TEL.: 0731/140035-0

Branch:

                     K & L Ruppert Stiftung & Co. Handels-KG

                     Residenzstr. 3

                     D 93047 Regensburg

                     TEL.: 0941/58005

Branch:

                     K & L Ruppert Stiftung & Co. Handels-KG

                     Marktplatz 26

                     D 73430 Aalen

                     TEL.: 07361/528299-0

Branch:

                     K & L Ruppert Stiftung & Co. Handels-KG

                     Rudolf-Diesel-Str. 4b

                     D 55232 Alzey

                     TEL.: 06731/548799-0

Branch:

                     K & L Ruppert Stiftung & Co. Handels-KG

                     Berghamer Str. 14

                     D 85435 Erding

                     TEL.: 08122/999835-0

Branch:

                     K & L Ruppert Stiftung & Co. Handels-KG

                     Im Tal 15

                     D 86179 Augsburg

Branch:

                     K & L Ruppert Stiftung & Co. Handels-KG

                     Bahnhofstr. 128

                     D 86368 Gersthofen

Branch:

                     K & L Ruppert Stiftung & Co. Handels-KG

                     Esslinger Str. 9

                     D 70771 Leinfelden-Echterdingen

                     TEL.: 0711/2293186-0

Branch:

                     K & L Ruppert Stiftung & Co. Handels-KG

                     Ettlinger-Tor-Platz 1

                     D 76133 Karlsruhe

                     TEL.: 0721/464644-0

Branch:

                     K & L Ruppert Stiftung & Co. Handels-KG

                     Stuttgarter Str. 121

                     D 71332 Waiblingen

                     TEL.: 07151/272028-0

Branch:

                     K & L Ruppert Stiftung & Co. Handels-KG

                     Etzelstr. 34

                     D 74076 Heilbronn

                     TEL.: 07131/203779-0

Branch:

                     K & L Ruppert Stiftung & Co. Handels-KG

                     Hasenpfühlerweide 1

                     D 67346 Speyer

                     TEL.: 06232/6498-0

Branch:

                     K & L Ruppert Stiftung & Co. Handels-KG

                     Straubinger Str. 42

                     D 93326 Abensberg

                     TEL.: 09443/928983-0

Branch:

                     K & L Ruppert Stiftung & Co. Handels-KG

                     Heimenegger Weg 6

                     D 87719 Mindelheim

Branch:

                     K & L Ruppert Stiftung & Co. Handels-KG

                     Johann-Auer-Str. 2

                     D 85435 Erding

Branch:

                     K & L Ruppert Stiftung & Co. Handels-KG

                     Reindlstr. 1

                     D 89312 Günzburg

Branch:

                     K & L Ruppert Stiftung & Co. Handels-KG

                     Bahnhofstr. 4

                     D 86956 Schongau

Branch:

                     K & L Ruppert Stiftung & Co. Handels-KG

                     Am Penzinger Feld 21

                     D 86899 Landsberg

Branch:

                     K & L Ruppert Stiftung & Co. Handels-KG

                     Merkurstr. 28

                     D 67663 Kaiserslautern

Branch:

                     K & L Ruppert Stiftung & Co. Handels-KG

                     Westl. Karl-Friedrich-Str. 68

                     D 75172 Pforzheim

Branch:

                     K & L Ruppert Stiftung & Co. Handels-KG

                     Am Ziegelfeld 1

                     D 94474 Vilshofen

Branch:

                     K & L Ruppert Stiftung & Co. Handels-KG

                     Füssinger Str. 6

                     D 94060 Pocking

Branch:

                     K & L Ruppert Stiftung & Co. Handels-KG

                     Am Südpark 7

                     D 86633 Neuburg

Branch:

                     K & L Ruppert Stiftung & Co. Handels-KG

                     Braumeisterstr. 9

                     D 84524 Neuötting

Branch:

                     K & L Ruppert Stiftung & Co. Handels-KG

                     Altstadt 82-84

                     D 84028 Landshut

Branch:

                     K & L Ruppert Stiftung & Co. Handels-KG

                     Siemensstr. 12

                     D 84453 Mühldorf

Branch:

                     K & L Ruppert Stiftung & Co. Handels-KG

                     Heinrichstr. 85

                     D 36043 Fulda

 

 

FINANCIAL INFORMATION

 

Payment experience:     within agreed terms

Negative information:      We have no negative information at hand.

 

 

REAL ESTATE

 

Type of ownership:         Tenant

Address                        Paradeisstr. 67

                                    D 82362 Weilheim

 

Real Estate of:               Gebr. Ruppert Familienstiftung

Type of ownership:         Tenant

Address                        Königstr. 3

                                    D 70173 Stuttgart

 

Land register documents were not available.

 

 

BANKERS

 

Principal bank

UNICREDIT BANK - HYPOVEREINSBANK, LANDSHUT, ISAR

Sort. code: 74320073, Account no.: 3845338, BIC: HYVEDEMM433

 

Further banks

VEREINIGTE SPARKASSEN IM LANDKREIS WEILHEIM, WEILHEIM I. OB

Sort. code: 70351030, BIC: BYLADEM1WHM

 

BAYERISCHE LANDESBANK, MÜNCHEN

Sort. code: 70050000, Account no.: 1238645, BIC: BYLADEMMXXX

 

DEUTSCHE BANK, MÜNCHEN

Sort. code: 70070010, Account no.: 217777200, BIC: DEUTDEMMXXX

 

UNICREDIT BANK - HYPOVEREINSBANK, WEILHEIM I. OB

Sort. code: 70321194, BIC: HYVEDEMM466

 

UNICREDIT BANK - HYPOVEREINSBANK, MÜNCHEN

Sort. code: 70020270, BIC: HYVEDEMMXXX

 

 

FINANCIAL FIGURES

 

Financial year:      01.02. - 31.01.

Employees:               2,600


 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.55.69

UK Pound

1

Rs.89.20

Euro

1

Rs.72.10

 

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.