|
Report Date : |
26.09.2012 |
IDENTIFICATION DETAILS
|
Name : |
BAUR VERSAND (GMBH & CO. KG) |
|
|
|
|
Registered Office : |
Bahnhofstr. 10, D 96224 Burgkunstadt |
|
|
|
|
Country : |
Germany |
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|
|
|
Year of Establishment : |
1925 |
|
|
|
|
Com. Reg. No.: |
HRA 3578 |
|
|
|
|
Legal Form : |
Ltd partnership with priv. ltd. company
as general partner |
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|
|
|
Line of Business : |
Non-specialized wholesale trade Retail sale of miscellaneous goods
(except food) |
|
|
|
|
No. of Employees : |
1741 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 |
Baur Versand
(GmbH & Co. KG)
Bahnhofstr. 10
D 96224 Burgkunstadt
Telephone:09572/910
Telefax:
09572/4811
Homepage: www.baur.de
E-mail:
service@baur.de
DE812304577
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: 1925
Registered on: 28.08.1997
Register of
companies: Local
court 96450 Coburg
under: HRA
3578
Total cap. contribution: EUR
15,400,000.00
Friedrich-Baur-GmbH
Theodor-Heuss-Str. 67
D 96264 Altenkunstadt
Legal form: Private limited company
Share capital: EUR
12,800,000.00
Share: EUR 7,854,000.00
Registered on: 28.11.1949
Reg. data: 96450 Coburg, HRB 150
Limited
partner:
Otto (GmbH & Co KG)
Wandsbeker Str. 3-7
D 22179 Hamburg
Legal form: Ltd
partnership with priv. ltd.
company as general
partner
Total cap. EUR 770,000,000.00
contribution:
Share: EUR 7,546,000.00
Registered on: 21.01.1960
Reg. data: 20355 Hamburg,
HRA 62024
Verwaltungsgesellschaft Baur Versand mbH
Bahnhofstr. 10
D 96224 Burgkunstadt
Legal form: Private limited company
Share capital: EUR 100,000.00
Registered on: 31.10.1997
Reg. data: 96450 Coburg, HRB 2754
Otto (GmbH & Co KG)
Wandsbeker Str. 3-7
D 22179 Hamburg
Legal form: Ltd partnership with priv.
ltd.
company as general partner
Total cap. EUR 770,000,000.00
contribution:
Share: EUR 100,000.00
Registered on: 21.01.1960
Reg. data: 20355 Hamburg, HRA 62024
Albert Klein
D 96260 Weismain
authorized to jointly represent the
company
born: 28.03.1957
Manager:
Marc Opelt
D 96047 Bamberg
born: 09.11.1962
Manager:
Stefan Kober
D 96052 Bamberg
born: 27.05.1968
Sabine Kratochwil
D 96049 Bamberg
authorized to jointly represent the
company
born: 02.02.1962
Proxy:
Dieter Uschold
Strössendorfer Str. 25
D 96264 Altenkunstadt
authorized to jointly
represent the company
born: 12.04.1963
Sectors
46903
Non-specialized wholesale trade
47191
Retail sale of miscellaneous goods (except food)
Works:
Baur Versand (GmbH &
Co. KG)
Dr.-Friedrich-Baur-Str.
19
D 96264 Altenkunstadt
Works:
Baur Versand (GmbH &
Co. KG)
Dr.-Friedrich-Baur-Str.
20
D 96264 Altenkunstadt
TEL.: 09572/912408
FAX.: 09572/91112407
Works:
Baur Versand (GmbH &
Co. KG)
D 96260 Weismain
Branch:
Baur Versand (GmbH &
Co. KG)
Leopoldstr. 234
D 80807 München
TEL.: 089/34018510
Limited partner:
Zweite HERMES TranStore
Service GmbH & Co.
KG
Bahnhofstr. 10
D 96224 Burgkunstadt
Legal form: Ltd partnership with priv. ltd.
company as
general partner
Company Status: active
Total cap. EUR 500,000.00
contribution:
Share: EUR 400,000.00
Reg. data: 28.03.2002
Local court
96450 Coburg
HRA 3950
Shareholder:
BVB Beteiligungs- und
Verwaltungs-GmbH
Bahnhofstr. 10-12
D 96224 Burgkunstadt
Legal form: Private
limited company
Company Status: active
Share capital: EUR
23,000,000.00
Share: EUR 23,000,000.00
Reg. data: 19.10.2001
Local court
96450 Coburg
HRB 3412
Shareholder:
Menos-Grundstücksholding
GmbH
Bahnhofstr. 10-12
D 96224 Burgkunstadt
Legal form: Private
limited company
Company Status: active
Share capital: EUR 2,335,150.00
Share: EUR 2,335,150.00
Reg. data: 29.06.2001
Local court
96450 Coburg
HRB 3354
Shareholder:
BFS Baur Fulfillment
Solutions GmbH
Bahnhofstr. 10
D 96224 Burgkunstadt
Legal form: Private
limited company
Company Status: active
Share capital: EUR 700,000.00
Share: EUR 700,000.00
Reg. data: 18.10.2001
Local court
96450 Coburg
HRB 3411
Shareholder:
Mirapodo GmbH
Greifswalder Str. 212
D 10405 Berlin
Legal form: Private
limited company
Company Status: active
Share capital: EUR 100,000.00
Share: EUR 100,000.00
Reg. data: 28.01.2010
Local court
14057 Berlin
HRB 124455 B
Shareholder:
Zweite HERMES TranStore
Service
Verwaltungsgesellschaft
mbH
Bahnhofstr. 10
D 96224 Burgkunstadt
Legal form: Private limited
company
Company Status: active
Share capital: EUR 50,000.00
Share: EUR 40,000.00
Reg. data: 21.02.2002
Local court
96450 Coburg
HRB 3480
Shareholder:
octobo GmbH
Michael-Dechant-Str. 10
D 96260 Weismain
Legal form: Private
limited company
Company Status: active
Share capital: EUR 33,600.00
Share: EUR 33,600.00
Reg. data:
16.12.2010
Local court
96450 Coburg
HRB 4916
Shareholder:
wir-lieben-schuhe.de GmbH
Unter den Linden 10 c/o
Heuking Kühn Lüer Wojtek
D 10117 Berlin
Legal form: Private
limited company
Company Status: dissolved
since: 09.02.2010
Share capital: EUR 25,000.00
Share: EUR 25,000.00
Reg. data: 16.03.2009
Local court
14057 Berlin
HRB 118565 B
Shareholder:
Software Partner Obermain
GmbH
Bahnhofstr. 33
D 96224 Burgkunstadt
Legal form: Private
limited company
Company Status: insolvent
since: 03.08.2012
Share capital: EUR 50,000.00
Share: EUR 10,000.00
Reg. data: 30.06.1999
Local court
96450 Coburg
HRB 3029
Payment experience: within agreed terms
Negative information: We have no negative information at hand.
Type of ownership: proprietor
Share:
100.00 %
Address Dr.-Friedrich-Baur-Str. 19
D 96264 Altenkunstadt
Type of ownership: proprietor
Share: 100.00 %
Address Dr.-Friedrich-Baur-Str. 20
D 96264 Altenkunstadt
Type of ownership: Tenant
Address Bahnhofstr. 10
D 96224 Burgkunstadt
Real Estate of: Verwaltungsgesellschaft Baur Versand mbH
Type of ownership: Tenant
Address Bahnhofstr. 10
D 96224 Burgkunstadt
Land register documents were not available.
UNICREDIT
BANK - HYPOVEREINSBANK, BURGKUNSTADT
Sort. code: 77320072, BIC: HYVEDEMM412
SPARKASSE
COBURG-LICHTENFELS, COBURG
Sort. code: 78350000, BIC: BYLADEM1COB
COMMERZBANK,
COBURG
Sort. code: 78340091, Account no.:
850933301, BIC: COBADEFF783
Financial year: 01.03. - 29.02.
Turnover: 2011/2012 EUR 324,690,000.00
Equipment: EUR
11,508,000.00
Ac/ts receivable: EUR 46,032,000.00
Liabilities: EUR 72,336,000.00
Employees:
1,741
-
Trainees: 97
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.53.53 |
|
UK Pound |
1 |
Rs.86.82 |
|
Euro |
1 |
Rs.69.03 |
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.