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Report Date : |
27.09.2012 |
IDENTIFICATION DETAILS
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Name : |
LEYENDECKER & HOLLMANN GMBH |
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Registered Office : |
Konrad-Zuse-Str. 5, D 40789 Monheim |
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Country : |
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Financials (as on) : |
31.12.2010 |
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Date of Incorporation : |
12.02.1997 |
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Com. Reg. No.: |
HRB 46189 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
Manufacturer of other general-purpose machinery Wholesale of machine tools |
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No. of Employees : |
03 employees |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
No Complaints |
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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 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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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.
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Source : CIA |
Leyendecker & Hollmann GmbH
Konrad-Zuse-Str. 5
D 40789 Monheim
Telephone: 02173/22550
Telefax:
02173/25627
Homepage: www.lhmachine.com
E-mail:
info@LHmachine.com
DE812216962
LEGAL FORM Private limited company
Date of foundation: 12.02.1997
Shareholders'
agreement: 12.02.1997
Registered on: 15.04.1997
Commercial Register: Local
court 40213 Düsseldorf
under: HRB 46189
Share capital: EUR
40,000.00
Frank Hollmann
Kerschensteinerweg 4
D 40723 Hilden
born: 17.06.1963
Share: EUR 40,000.00
Frank Hollmann
Kerschensteinerweg 4
D 40723 Hilden
having sole power of representation
born: 17.06.1963
Profession: graduate engineer
Marital status: married
12.02.1997 - 15.12.1999
Leyendecker & Hollmann GmbH
Schneiderstr. 10
D 40764
Langenfeld
Private
limited company
15.12.1999 - 09.03.2009
Leyendecker & Hollmann GmbH (bis
09.03.2009)
Hans-Böckler-Str.
30
D 40764
Langenfeld
Private
limited company
Sectors
· 28290 Manufacture of other general-purpose machinery
· 46620 Wholesale of machine tools
Payment experience: within
agreed terms
Negative information: We have
no negative information at hand.
Balance sheet year: 2010
Type of ownership: Tenant
Address
Konrad-Zuse-Str. 5
D
40789 Monheim
Real Estate of: Frank
Hollmann
Type of ownership: Tenant
Address
Kerschensteinerweg 4
D
40723 Hilden
Land register documents were not available.
COMMERZBANK
VORMALS DRESDNER BANK, LANGENFELD (RHEINLAND)
Sort. code: 30080000, BIC: DRESDEFF300
STADT-SPARKASSE
LANGENFELD, LANGENFELD (RHEINLAND)
Sort. code: 37551780, BIC: WELADED1LAF
Turnover: 2010 EUR 670,000.00
Profit: 2010 EUR 267,946.00
Ac/ts
receivable:
EUR 305,537.00
Liabilities: EUR 557,851.00
Employees:
3
The aforementioned business figures may partly be estimated information based on average values in the line of business.
Balance
sheet ratios 01.01.2010 - 31.12.2010
Equity
ratio [%]: 61.53
Liquidity
ratio: 10.00
Return
on total capital [%]: 14.92
Balance
sheet ratios 01.01.2009 - 31.12.2009
Equity
ratio [%]: 57.80
Liquidity
ratio: 1.00
Return
on total capital [%]: 2.65
Balance
sheet ratios 01.01.2008 - 31.12.2008
Equity
ratio [%]: 49.38
Liquidity
ratio: 1.29
Return
on total capital [%]: 20.73
Balance
sheet ratios 01.01.2007 - 31.12.2007
Equity
ratio [%]: 42.59
Liquidity
ratio: 1.27
Return
on total capital [%]: 15.41
Equity ratio
The equity ratio indicates the portion of the equity as compared to the
total capital. The higher the equity ratio, the better the economic stability
(solvency) and thus the financial autonomy of a company.
Liquidity ratio
The liquidity ratio shows the proportion between adjusted receivables
and net liabilities. The higher the ratio, the lower the company's financial
dependancy from external creditors.
Return on total
capital
The return on total capital shows the efficiency and return on the total
capital employed in the company. The higher the return on total capital, the
more economically does the company work with the invested capital.
Type
of balance
sheet: Company balance sheet
Financial
year: 01.01.2010 - 31.12.2010
ASSETS EUR 1,795,474.83
Fixed assets EUR 150,818.00
Intangible assets EUR 149.00
Other / unspecified intangible
assetsEUR 149.00
Tangible assets EUR 150,669.00
Other / unspecified tangible assets EUR
150,669.00
Current assets EUR 1,644,656.83
Stocks EUR 736,224.70
Accounts receivable EUR 305,537.09
Other debtors and assets EUR 305,537.09
Liquid means EUR 602,895.04
LIABILITIES EUR 1,795,474.83
Shareholders' equity EUR 1,104,740.34
Capital EUR 40,000.00
Subscribed capital (share capital) EUR 40,000.00
Balance sheet profit/loss (+/-) EUR 1,064,740.34
Profit / loss brought forward EUR 796,794.45
Annual surplus / annual deficit EUR 267,945.89
Provisions EUR 132,883.88
Liabilities
EUR 557,850.61
Other liabilities EUR 557,850.61
Unspecified other liabilities EUR 557,850.61
Type
of balance
sheet: Company balance sheet
Financial
year: 01.01.2009 - 31.12.2009
ASSETS EUR 1,203,961.13
Fixed assets EUR 108,049.00
Intangible assets EUR 269.00
Other / unspecified intangible
assetsEUR 269.00
Tangible assets EUR 107,780.00
Other / unspecified tangible assets EUR
107,780.00
Current assets EUR 1,092,965.62
Stocks
EUR 705,905.00
Accounts receivable EUR 277,473.61
Other debtors and assets EUR 277,473.61
Liquid means EUR 109,587.01
Remaining other assets EUR 2,946.51
Accruals (assets) EUR 2,946.51
LIABILITIES EUR 1,203,961.13
Shareholders' equity EUR 695,913.31
Capital EUR 40,000.00
Subscribed capital (share capital) EUR 40,000.00
Balance sheet profit/loss (+/-) EUR 655,913.31
Profit / loss brought forward EUR 624,066.68
Annual surplus / annual deficit EUR 31,846.63
Provisions EUR 121,836.68
Liabilities EUR 386,211.14
Other liabilities EUR 386,211.14
Unspecified other liabilities
EUR 386,211.14
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.53.58 |
|
UK Pound |
1 |
Rs.86.60 |
|
Euro |
1 |
Rs.68.94 |
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 |
|
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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.