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Report Date : |
05.04.2013 |
IDENTIFICATION DETAILS
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Name : |
EMILE BAUSCH TEXTILIEN GMBH |
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Registered Office : |
Max-Berk-Str. 4,
D 69226 Nußloch |
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Country : |
Germany |
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Financials (as on) : |
31.12.2011 |
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Date of Incorporation : |
27.11.1979 |
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Com. Reg. No.: |
HRB 331800 |
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Legal Form : |
Private limited company |
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Line of Business : |
Wholesale of textiles |
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No. of Employees : |
15 |
RATING & COMMENTS
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MIRA’s Rating : |
A |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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 |
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Status : |
Good |
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Payment Behaviour : |
Regular |
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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
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Country Name |
Previous Rating (31.03.2012) |
Current Rating (30.06.2012) |
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Germany |
A1 |
A1 |
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Risk Category |
ECGC Classification |
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Insignificant |
A1 |
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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 |
Emile Bausch Textilien GmbH
Max-Berk-Str. 4
D 69226 Nußloch
Telephone:06224/81020
Telefax: 06224/81830
Homepage: www.keylargo-shop.de
E-mail: info@keylargo-shop.de
Legal office: Panoramastr. 28
D 69181 Leimen
DE143259392
LEGAL FORM Private
limited company
Date of
foundation: 1979
Shareholders'
agreement: 09.08.1979
Registered
on: 27.11.1979
Commercial
Register: Local court 68159 Mannheim
under: HRB
331800
Share
capital:
EUR 25,600.00
I. Emile Bausch
Panoramastr. 28
D 69181 Leimen
born: 22.05.1951
in Rotterdam
Share: EUR 25,600.00
Johann Emil Bausch
Karl-Hermann-Zahn-Str.
38
D 69168 Wiesloch
having sole power
of representation
born: 1945
Profession:
Businessman
Marital status:
married
Manager:
I. Emile Bausch
Panoramastr. 28
D 69181 Leimen
having sole power
of representation
born: 22.05.1951
in Rotterdam
Profession:
Businessman
Marital status:
married
Jèrôme Bausch
Alter Berg 6
D 69226 Nußloch
having sole power
of representation
born: 29.10.1982
Proxy:
Kevin Bausch
D 69226 Nußloch
having sole power
of representation
born: 17.05.1979
09.08.1979 -
31.12.1998 Emile Bausch Textilien
Gesellschaft mit
beschränkter
Haftung
Panoramastr. 28
D 69181 Leimen
Private limited company
31.12.1998 -
14.09.2009 Emile Bausch Textilien
Gesellschaft mit
beschränkter
Haftung
Heinrich-Lanz-Str.
14
D 69207 Sandhausen
Private limited
company
14.09.2009 -
20.05.2011 Emile Bausch Textilien
Gesellschaft mit
beschränkter
Haftung
Max-Berk-Str. 4
D 69226 Nußloch
Private limited
company
Main industrial
sector
46410 Wholesale of textiles
4642 Wholesale of clothing and footwear
Payment
experience: takes advantage of cash
discount
Negative information:We
have no negative information at hand.
Balance sheet
year: 2011
Type of
ownership: Tenant
Address Max-Berk-Str. 4
D 69226 Nußloch
Real Estate
of: Johann Emil Bausch
Type of
ownership: part owner
Share: 50.00 %
Address Panoramastr. 28
D 69181 Leimen
Real Estate
of: Johann Emil Bausch
Type of
ownership: proprietor
Share: 100.00 %
Address Karl-Hermann-Zahn-Str. 38
D 69168 Wiesloch
Land register
documents were not available.
Principal bank
SPARKASSE
HEIDELBERG, LEIMEN, BADEN
Sort. code:
67250020, BIC: SOLADES1HDB
Further bank
SPARKASSE
HEIDELBERG, HEIDELBERG, NECKAR
Sort. code:
67250020, BIC: SOLADES1HDB
Turnover: 2011 EUR 2,650,000.00
Profit: 2011 EUR 39,544.00
Ac/ts
receivable:
EUR 711,436.00
Liabilities: EUR 258,457.00
Total numbers of
vehicles:
1
- Passenger
cars:
1
Employees:
15
The aforementioned business figures may partly be estimated information based on average values in the line of business.
BALANCE SHEETS
Balance sheet
ratios 01.01.2011 - 31.12.2011
Equity ratio
[%]: 91.35
Liquidity
ratio: 10.00
Return on total
capital [%]: 1.27
Balance sheet
ratios 01.01.2010 - 31.12.2010
Equity ratio
[%]: 85.74
Liquidity
ratio: 10.00
Return on total
capital [%]: 5.26
Balance sheet
ratios 01.01.2009 - 31.12.2009
Equity ratio
[%]: 77.48
Liquidity
ratio: 10.00
Return on total
capital [%]: 14.86
Balance sheet
ratios 01.01.2008 - 31.12.2008
Equity ratio
[%]: 91.46
Liquidity
ratio: 10.00
Return on total
capital [%]: 6.43
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: 01.01.2011 - 31.12.2011
ASSETS EUR 3,105,144.54
Fixed assets EUR 172,631.00
Intangible
assets EUR 2,481.00
Other / unspecified
intangible assetsEUR 2,481.00
Tangible
assets EUR 125,150.00
Other / unspecified
tangible assets EUR 125,150.00
Financial
assets EUR 45,000.00
Other / unspecified
financial assets EUR 45,000.00
Current assets EUR 2,850,489.68
Stocks EUR 809,837.18
Accounts
receivable EUR 711,435.51
Other debtors and
assets EUR 711,435.51
Liquid means EUR 1,329,216.99
Remaining other
assets EUR 82,023.86
Accruals
(assets) EUR 82,023.86
LIABILITIES EUR 3,105,144.54
Shareholders'
equity EUR 2,836,687.23
Capital EUR 25,600.00
Subscribed capital
(share capital) EUR 25,600.00
Balance sheet
profit/loss (+/-) EUR 2,811,087.23
Profit / loss
brought forward EUR 2,771,542.91
Annual surplus /
annual deficit EUR 39,544.32
Provisions EUR 10,000.00
Liabilities EUR 258,457.31
Other
liabilities EUR 258,457.31
Unspecified other
liabilities EUR 258,457.31
Type of balance
sheet: Company balance sheet
Financial
year: 01.01.2010 - 31.12.2010
ASSETS EUR 3,261,963.72
Fixed assets EUR 240,559.00
Intangible
assets EUR 4,776.00
Other / unspecified
intangible assetsEUR
4,776.00
Tangible
assets EUR 155,783.00
Other / unspecified
tangible assets EUR 155,783.00
Financial
assets EUR 80,000.00
Other / unspecified
financial assets EUR
80,000.00
Current assets EUR 2,911,456.53
Stocks EUR 520,125.00
Accounts
receivable EUR 604,306.74
Other debtors and
assets EUR 604,306.74
Liquid means EUR 1,787,024.79
Remaining other
assets EUR 109,948.19
Accruals
(assets) EUR 109,948.19
LIABILITIES EUR 3,261,963.72
Shareholders'
equity EUR 2,797,142.91
Capital EUR 25,600.00
Subscribed capital
(share capital) EUR 25,600.00
Balance sheet
profit/loss (+/-) EUR 2,771,542.91
Profit / loss
brought forward EUR 2,600,199.89
Annual surplus /
annual deficit EUR 171,343.02
Provisions EUR 66,797.40
Liabilities EUR 398,023.41
Other
liabilities EUR 398,023.41
Unspecified other
liabilities EUR 398,023.41
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.54.65 |
|
UK Pound |
1 |
Rs.82.41 |
|
Euro |
1 |
Rs.70.08 |
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 |
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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 |
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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 |
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26-40 |
B |
Capability to
overcome financial difficulties seems comparatively below average. |
Small |
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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 |
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<10 |
C |
Absolute credit
risk exists. Caution needed to be exercised |
Credit not recommended |
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NB |
New Business |
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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.