|
Report Date : |
02.10.2012 |
IDENTIFICATION DETAILS
|
Name : |
HEIMBACH GMBH & CO. KG |
|
|
|
|
|
|
Registered Office : |
An Gut |
|
|
|
|
|
|
Country : |
|
|
|
|
|
|
|
Year of Establishment : |
1811 |
|
|
|
|
|
|
Com. Reg. No.: |
HRA 206 |
|
|
|
|
|
|
Legal Form : |
Ltd partnership with priv. ltd. company as general partner |
|
|
|
|
|
|
Line of Business : |
Manufacture of other textiles |
|
|
|
|
|
|
No. of Employees : |
650 |
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 (31.03.2011) |
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
Heimbach GmbH & Co. KG
Company Status: active
An Gut Nazareth 73
D 52353 Düren
Post Box:
100808, D 52348 Düren
Telephone:02421/8020
Telefax: 02421/802717
Homepage:
www.heimbach.com
E-mail:
heimbach@hmb.heimbach-group.com
DE122283532
207/5807/0557
Business relations are permissible. The
company is considered
solvent for credits within its scope of
business.
LEGAL FORM Ltd
partnership with priv. ltd. company as
general partner
Date of foundation: 1811
Registered on: 01.01.1918
Register of
companies: Local
court 52349 Düren
under: HRA
206
Total cap. contribution: EUR 3,527,913.98
Number of
shareholders:
27
Shareholder total capital: EUR 3,527,913.98
Heimbach GmbH
An Gut Nazareth 73
D 52353 Düren
Legal form: Private
limited company
Share capital: EUR
15,840,000.00
Registered on: 27.02.1899
Reg. data: 52349 Düren,
HRB 85
Heimbach GmbH
An Gut Nazareth 73
D 52353 Düren
Legal form: Private
limited company
Share capital: EUR
15,840,000.00
Share: EUR 2,570,700.00
Registered on: 27.02.1899
Reg. data: 52349 Düren,
HRB 85
Shareholder:
Marie Christine
Merckens
D 52349 Düren
born: 23.08.1973
Share: EUR 1,956,900.00
Shareholder:
Juliane Merckens
D 52349 Düren
born: 13.02.1975
Share: EUR 1,956,900.00
Shareholder:
Stefan Ivo Merckens
D 52349 Düren
born: 30.06.1980
Share: EUR 1,956,900.00
Shareholder:
Wolfgang Hoesch
D 71111 Waldenbuch
born: 13.01.1948
Share: EUR 1,188,000.00
Shareholder:
Otto G. I. Merckens
D 52349 Düren
born: 24.08.1935
Share: EUR 999,900.00
Shareholder:
Marion Ramcke
D 30659 Hannover
born: 15.09.1941
Share: EUR 950,400.00
Shareholder:
Ingrid Offermann
D 41239 Mönchengladbach
born: 27.03.1919
Share: EUR 613,800.00
Shareholder:
Angela vom Baur
D 77723 Gengenbach
born: 31.01.1964
Share: EUR 475,200.00
Shareholder:
Claudia vom Baur-Hanak
USA New York
born: 27.09.1958
Share: EUR 475,200.00
Shareholder:
Hans-Georg Brede
USA 95476 Sonoma/CA
born: 01.06.1948
Share: EUR 402,600.00
Shareholder:
Ursula Brede-Hoffmann
D 55116 Mainz
Share: EUR 399,300.00
Shareholder:
Eckhart von Eynern
D 52349 Düren
born: 14.09.1942
Share: EUR
366,300.00
Shareholder:
Joachim Reich
D 79227 Schallstadt
born: 16.03.1947
Share: EUR 349,800.00
Shareholder:
Marion Klose
D 73760 Ostfildern
born: 02.08.1941
Share: EUR 330,000.00
Shareholder:
Rudolf von Eynern
D 50935 Köln
born: 27.06.1950
Share: EUR 303,600.00
Shareholder:
Peter vom Baur
Blaffertsberg 28
D 42369 Wuppertal
born: 08.03.1961
Share: EUR 237,600.00
Shareholder:
Wolfgang von Eynern
D 51379 Leverkusen
born: 03.06.1939
Share: EUR 237,600.00
Shareholder:
Steffen Störmer
Steifensandstr. 9
D 14057 Berlin
Share: EUR 49,500.00
Shareholder:
Anita von Eynern
D 40723 Hilden
born: 31.12.1944
Share: EUR 19,800.00
Peter Michels
Irisweg 6
D 52353 Düren
born: 27.03.1957
Marital status: married
Manager:
Dr. Georg Schmidt
D 57439 Attendorn
born: 13.07.1961
Manager:
Klaus Huneke
Bongard 7
D 52379 Langerwehe
born: 05.09.1953
Dr. Günter Peters
D 52353 Düren
authorized to jointly
represent the company
born: 15.09.1959
Profession: Businessman
Marital status: unknown
Proxy:
Eckehard Köhler
D 52062 Aachen
authorized to jointly
represent the company
born: 29.10.1960
Profession: Fully
qualified engineer
Proxy:
Olli Kääpä
D 52353 Düren
authorized to jointly represent the
company
born: 22.09.1961
Proxy:
Christian Jolk
D 41363 Jüchen
authorized to jointly
represent the company
born: 08.05.1959
Proxy:
Axel Burmeister
D 52159 Roetgen
authorized to jointly
represent the company
born: 11.10.1956
26.08.1999 - 14.08.2002 Thomas Josef Heimbach Gesellschaft mit
beschränkter Haftung
& Co.
An Gut Nazareth 73
D 52353 Düren
Ltd partnership with
priv. ltd. company
as general partner
Secondary industrial sector
13990
Manufacture of other textiles n.e.c.
Branch:
Heimbach GmbH & Co.
Zweigniederlassung
Filtration
An Gut Nazareth 73
Gebäude Fl
D 52353 Düren
TEL.: 02421/8020
FAX.: 02421/802717
Reg. entry: 18.01.2001
Payment
experience: in top condition
Negative information:We have no negative
information at hand.
Type of ownership: proprietor
Share: 100.00 %
Address An Gut Nazareth 73
D 52353 Düren
Real Estate of: Heimbach GmbH
Type of ownership: Tenant
Address An Gut Nazareth 73
D 52353 Düren
Land register documents were not available.
Principal bank
DEUTSCHE BANK, DÜREN, RHEINL
Sort. code: 39570061, Account no.: 8012445,
BIC: DEUTDEDK395
Further banks
COMMERZBANK, DÜREN, RHEINL
Sort. code: 39540052, Account no.: 578001000,
BIC: COBADEFF395
COMMERZBANK VORMALS DRESDNER BANK, DÜREN,
RHEINL
Sort. code: 39580041, Account no.: 1057017,
BIC: DRESDEFF395
BUNDESBANK EH DÜREN, AACHEN
Sort. code: 39500000, Account no.: 39508003,
BIC: MARKDEF1395
POSTBANK, KÖLN
Sort. code: 37010050, Account no.: 3151501,
BIC: PBNKDEFF370
Financial year: 01.01. - 31.12.
Turnover: 2010 EUR 98,000,000.00
2011 EUR 98,000,000.00
further business figures:
Equipment: EUR 5,000,000.00
Ac/ts receivable: EUR 15,000,000.00
Liabilities: EUR 2,045,000.00
Total numbers of vehicles: 9
-
Lorries:
1
- Passenger
cars:
8
Employees:
650
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.52.78 |
|
|
1 |
Rs.85.16 |
|
Euro |
1 |
Rs.67.78 |
INFORMATION DETAILS
|
Report
Prepared by : |
PRL |
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.