|
Report Date : |
05.04.2013 |
IDENTIFICATION DETAILS
|
Name : |
WILSON NATURSTEIN GMBH |
|
|
|
|
Registered Office : |
Borsigstr. 7, D 59609 Anröchte |
|
|
|
|
Country : |
Germany |
|
|
|
|
Financials (as on) : |
31.12.2011 |
|
|
|
|
Date of Incorporation : |
23.12.2003 |
|
|
|
|
Com. Reg. No.: |
HRB 6328 |
|
|
|
|
Legal Form : |
Private Limited Company |
|
|
|
|
Line of Business : |
Wholesaler of construction materials of mineral sustances |
|
|
|
|
No. of Employees : |
05 |
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 |
Wilson Naturstein GmbH
Borsigstr. 7
D 59609 Anröchte
Telephone: 02947/9799710
Telefax: 02947/9799730
Homepage: www.naturstein-wilson.de
E-mail: info@naturstein-wilson.de
Naturstein Wilson
DE813925342
330/5719/1569
active
LEGAL FORM Private limited company
Date of foundation: 23.12.2003
Shareholders'
agreement: 23.12.2003
Registered on: 16.02.2004
Commercial Register: Local court 33098 Paderborn
under: HRB 6328
Share capital: EUR 50,000.00
Michael Risse
Espenweg 39
D 59609 Anröchte
born: 11.11.1959
Share: EUR 50,000.00
Michael Risse
Espenweg 39
D 59609 Anröchte
having sole power of representation
born: 11.11.1959
Profession: master craftsman
Property regime: Statutory matrimonial
property regime
Marital status: married
Further functions/participations of Michael
Risse (Manager)
Shareholder:
H. Risse Natursteinhandelsgesellschaft mbH
Daimlerstr. 3
D 59609 Anröchte
Legal form: Private limited company
Share capital: EUR 25,564.59
Share: EUR 25,564.59
Registered
on: 18.04.1979
Reg. data: 33098 Paderborn, HRB 5291
Manager:
H. Risse Natursteinhandelsgesellschaft mbH
Daimlerstr. 3
D 59609 Anröchte
Legal form: Private limited company
Share capital: EUR 25,564.59
Registered
on: 18.04.1979
Reg. data: 33098 Paderborn, HRB 5291
Main industrial
sector
46734 Wholesale of construction materials of mineral sustances
Payment experience: within periods customary in this trade
Negative information: We have no negative information at hand.
Balance sheet year: 2011
Type of ownership: Tenant
Address Borsigstr. 7
D 59609 Anröchte
Real Estate of: Michael Risse
Type of ownership: proprietor
Share: 100.00 %
Address Espenweg 39
D 59609 Anröchte
Land register documents were not available.
SPARKASSE ERWITTE-ANRÖCHTE, ANRÖCHTE
Sort. code: 41651815, Account no.: 1032309, BIC: WELADED1ERW
VOLKSBANK ANRÖCHTE, ANRÖCHTE
Sort. code: 41661206, Account no.: 3617154900, BIC: GENODEM1ANR
VOLKSBANK SAUERLAND, ARNSBERG, WESTF
Sort. code: 46660022, Account no.: 110005400, BIC: GENODEM1NEH
Turnover: 2011 EUR 1,850,000.00
Profit: 2011 EUR 24,532.00
Ac/ts
receivable:
EUR 491,926.00
Liabilities: EUR 1,035,803.00
Employees:
5
- thereof permanent
staff: 4
The aforementioned business figures may partly be estimated information based on average values in the line of business.
Balance sheet ratios
01.01.2011 - 31.12.2011
Equity ratio
[%]: 9.76
Liquidity
ratio: 0.48
Return on total
capital [%]: 2.09
Balance sheet ratios
01.01.2010 - 31.12.2010
Equity ratio
[%]: 6.32
Liquidity
ratio: 0.43
Return on total
capital [%]: 1.48
Balance sheet ratios
01.01.2009 - 31.12.2009
Equity ratio
[%]: 5.97
Liquidity
ratio: 0.45
Return on total
capital [%]: 1.45
Balance sheet ratios
01.01.2008 - 31.12.2008
Equity ratio
[%]: 4.35
Liquidity
ratio: 0.22
Return on total
capital [%]: 0.63
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 1,176,245.05
Fixed assets EUR 56,175.00
Intangible assets EUR 2.00
Other / unspecified
intangible assetsEUR
2.00
Tangible assets EUR 55,963.00
Other / unspecified
tangible assets EUR 55,963.00
Financial assets EUR 210.00
Other / unspecified
financial assets EUR
210.00
Current assets EUR 1,118,257.10
Stocks EUR 625,050.00
Accounts receivable EUR 491,926.28
Other debtors and
assets EUR 491,926.28
Liquid means EUR 1,280.82
Remaining other
assets EUR 1,812.95
Accruals (assets) EUR 1,772.95
Other assets EUR 40.00
LIABILITIES EUR 1,176,245.05
Shareholders' equity EUR 114,814.23
Capital EUR 50,000.00
Subscribed capital
(share capital) EUR 50,000.00
Balance sheet
profit/loss (+/-) EUR 64,814.23
Profit / loss brought
forward EUR 40,282.19
Annual surplus / annual
deficit EUR 24,532.04
Provisions EUR 25,628.05
Liabilities EUR 1,035,802.77
Other liabilities EUR 1,035,802.77
Unspecified other
liabilities EUR 1,035,802.77
Type of balance
sheet:
Company balance sheet
Financial year:
01.01.2010 - 31.12.2010
ASSETS EUR 1,057,827.78
Outstanding capital EUR 25,000.00
Outstanding
contributions EUR 25,000.00
Fixed assets EUR 44,267.00
Intangible assets EUR 2.00
Other / unspecified
intangible assetsEUR
2.00
Tangible assets EUR 44,055.00
Other / unspecified
tangible assets EUR 44,055.00
Financial assets EUR 210.00
Other / unspecified
financial assets EUR
210.00
Current assets EUR 988,560.78
Stocks EUR 579,903.61
Accounts receivable EUR 406,425.43
Other debtors and
assets EUR 406,425.43
Liquid means EUR 2,231.74
LIABILITIES EUR 1,057,827.78
Shareholders' equity EUR 90,282.19
Capital EUR 50,000.00
Subscribed capital
(share capital) EUR 50,000.00
Balance sheet
profit/loss (+/-) EUR 40,282.19
Profit / loss brought
forward EUR 25,020.71
Annual surplus / annual
deficit EUR 15,261.48
Provisions EUR 16,155.11
Liabilities EUR 951,390.48
Other liabilities EUR 951,390.48
Unspecified other
liabilities EUR 951,390.48
FOREIGN EXCHANGE RATES
|
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 |
|
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.