|
Report Date : |
10.04.2013 |
IDENTIFICATION DETAILS
|
Name : |
TSR RECYCLING GMBH & CO. KG |
|
|
|
|
Registered Office : |
Hafenstr. 98, D 46242 Bottrop |
|
|
|
|
Country : |
Germany |
|
|
|
|
Financials (as on) : |
31.12.2007 |
|
|
|
|
Year of Establishment : |
2006 |
|
|
|
|
Com. Reg. No.: |
HRB 4396 |
|
|
|
|
Legal Form : |
Ltd partnership with priv. ltd. company as general partner |
|
|
|
|
Line of Business : |
Treatment and disposal of non-hazardous waste |
|
|
|
|
No. of Employees : |
2,200 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 |
TSR Recycling GmbH & Co. KG
Hafenstr. 98
D 46242 Bottrop
Telephone:02041/70600
Telefax: 02041/7060399
Homepage: www.tsr.eu
E-mail: info@tsr.eu
DE814993204
LEGAL FORM Ltd partnership with priv. ltd. company as general partner
Date of foundation: 2006
Registered on: 16.12.2008
Register of
companies: Local court 45879 Gelsenkirchen
under: HRA 4396
Total cap. contribution: EUR 10,000.00
REMONDIS Services und Beteiligungs GmbH
Brunnenstr. 138
D 44536 Lünen
Legal form: Private limited company
Share capital: EUR 35,000,000.00
Share: EUR 6,000.00
Registered on: 02.05.2005
Reg. data: 44135 Dortmund, HRB 18958
Limited partner:
CRONIMET Holding GmbH
Südbeckenstr. 22
D 76189 Karlsruhe
Legal form: Private limited company
Share capital: EUR 2,000,000.00
Share: EUR 2,000.00
Registered on: 03.08.2005
Reg. data: 68159 Mannheim, HRB 110997
Limited partner:
Alfa Acciai S.p.A.
Via San Polo, 152
I 25134 Brescia
Legal form: Other legal form
Share: EUR 2,000.00
TSR Recycling Verwaltungs GmbH
Hafenstr. 98
D 46242 Bottrop
Legal form: Private limited company
Share capital: EUR 25,000.00
Registered on: 24.07.2009
Reg. data: 45879 Gelsenkirchen, HRB 10004
REMONDIS Services und Beteiligungs GmbH
Brunnenstr. 138
D 44536 Lünen
Legal form: Private limited company
Share capital: EUR 35,000,000.00
Share: EUR 15,000.00
Registered on: 02.05.2005
Reg. data: 44135 Dortmund, HRB 18958
Shareholder:
CRONIMET Holding GmbH
Südbeckenstr. 22
D 76189 Karlsruhe
Legal form: Private limited company
Share capital: EUR 2,000,000.00
Share: EUR 5,000.00
Registered on: 03.08.2005
Reg. data: 68159 Mannheim, HRB 110997
Shareholder:
Alfa Acciai S.p.A.
Via San Polo, 152
I 25134 Brescia
Legal form: Other legal form
Share: EUR 5,000.00
Ulrich Theodor Althoff
Im Tann 5
D 82166 Gräfelfing
authorized to jointly represent the company
born: 18.09.1957
Profession: Fully qualified merchant
Marital status: married
Manager:
Wolfgang Reinhard Kämper
Promenade 8
D 59821 Arnsberg
born: 18.06.1964
Profession: Businessman
Manager:
Edwin A. Leijnse
Tilsiter Str. 13
D 40489 Düsseldorf
born: 01.09.1967
Nationality: Dutch
Hans-Walter Henn
Helfensteinerstr. 10
D 73432 Aalen
authorized to jointly represent the company
born: 26.04.1959
Profession: Businessman
Proxy:
Eckhard Winkler
Kurt-Schumacher-Allee 63
D 47445 Moers
authorized to jointly represent the company
born: 03.01.1960
Proxy:
Anke Eisermann
D 46045 Oberhausen
authorized to jointly represent the company
born: 09.06.1966
Profession: Fully qualified Economist
Proxy:
Rainer Franke
Försterstr. 6
D 57076 Siegen
authorized to jointly represent the company
born: 25.02.1956
Marital status: single
Proxy:
Hans-Walter Henn
Helfensteinerstr. 10
D 73432 Aalen
authorized to jointly represent the company
born: 26.04.1959
Profession: Businessman
Proxy:
Christian Herbert Scheil
Gartenstr. 23
D 18119 Rostock
authorized to jointly represent the company
born: 06.08.1961
Profession: graduate engineer
Proxy:
Klaus Neirich
D 60311 Frankfurt
authorized to jointly represent the company
born: 13.11.1957
Profession: Businessman
Marital status: unknown
Proxy:
Ulrich Theodor Althoff
Im Tann 5
D 82166 Gräfelfing
authorized to jointly represent the company
born: 18.09.1957
Profession: Fully qualified merchant
Marital status: married
Proxy:
Thomas Vohwinkel
D 40668 Krefeld
authorized to jointly represent the company
born: 01.03.1957
Proxy:
Wolfgang Reinhard Kämper
Promenade 8
D 59821 Arnsberg
authorized to jointly represent the company
born: 18.06.1964
Profession: Businessman
Proxy:
Eckhard Winkler
Kurt-Schumacher-Allee 63
D 47445 Moers
authorized to jointly represent the company
born: 03.01.1960
Proxy:
Roland Günther
D 41460 Neuss
authorized to jointly represent the company
born: 16.07.1955
Proxy:
Edwin A. Leijnse
Tilsiter Str. 13
D 40489 Düsseldorf
authorized to jointly represent the company
born: 01.09.1967
Nationality: Dutch
Proxy:
Marina Dankert
D 16341 Panketal
authorized to jointly represent the company
born: 13.03.1959
Proxy:
Mona Winkler
D 45470 Mülheim
authorized to jointly represent the company
born: 24.12.1968
Proxy:
Anke Eisermann
D 46045 Oberhausen
authorized to jointly represent the company
born: 09.06.1966
Profession: Fully qualified Economist
Proxy:
Jörg Benn
D 46535 Dinslaken
authorized to jointly represent the company
born: 31.08.1960
Proxy:
Sven Schünemann
D 18055 Rostock
authorized to jointly represent the company
born: 19.05.1976
Proxy:
Dr. Hans Björn Bösenberg
Münsterer Str. 39a
D 65779 Kelkheim
authorized to jointly represent the company
born: 09.09.1979
Proxy:
Dr. Hans-Peter Mertens
Schwanenbuschstr. 169
D 45138 Essen
authorized to jointly represent the company
born: 19.03.1967
Proxy:
Timo Schandin
Drosselweg 8
D 63811 Stockstadt
authorized to jointly represent the company
born: 24.01.1976
Proxy:
Achim Klaas
Hermann-Spillecke-Str. 15
D 47259 Duisburg
authorized to jointly represent the company
born: 21.12.1957
Proxy:
Attila Baloglu
D 46509 Xanten
authorized to jointly represent the company
born: 03.09.1965
Proxy:
Hans-Jürgen Schilling
D 47051 Duisburg
authorized to jointly represent the company
born: 26.04.1954
25.08.2006 - 15.12.2008 TSR Holding GmbH & Co. KG
Karl-Hohmann-Str. 15-17
D 40599 Düsseldorf
Ltd partnership with priv. ltd. company
as general partner
Sectors
38210 Treatment and disposal of non-hazardous waste
Branch:
TSR Recycling GmbH & Co. KG
Am Güterbahnhof 53
D 35683 Dillenburg
TEL.: 02771/8750
Branch:
TSR Recycling GmbH & Co. KG
Waterbergstr. 6
D 28237 Bremen
TEL.: 0421/64903-0
FAX.: 0421/64903-38
Branch:
TSR Recycling GmbH & Co. KG
Lagerstr. 25
D 68169 Mannheim
TEL.: 0621/32200
Branch:
TSR Recycling GmbH & Co. KG
Hünefeldstr. 1
D 06847 Dessau-Roßlau
TEL.: 0340/517488
Branch:
TSR Recycling GmbH & Co. KG
Schürmannstr. 2b
D 46242 Bottrop
Branch:
TSR Recycling GmbH & Co. KG
Hafenrandstr. 11
D 63741 Aschaffenburg
TEL.: 06021/8477-0
FAX.: 06021/80544
Branch:
TSR Recycling GmbH & Co. KG
Westhafenstr. 1
D 13353 Berlin
TEL.: 030/3988550
FAX.: 030/39885518
Branch:
TSR Recycling GmbH & Co. KG
Am Zweigkanal 19a
D 39126 Magdeburg
TEL.: 0391/509070
FAX.: 0391/5090747
Branch:
TSR Recycling GmbH & Co. KG
Steineshoffweg 21
D 45479 Mülheim
TEL.: 0208/999540
Branch:
TSR Recycling GmbH & Co. KG
Otto-Röhm-Str. 57
D 64293 Darmstadt
TEL.: 06151/9804-0
Branch:
TSR Recycling GmbH & Co. KG
Breslauer Str. 7
D 20457 Hamburg
TEL.: 040/7404070
FAX.: 040/74040740
Branch:
TSR Recycling GmbH & Co. KG
Hovestr. 30
D 20539 Hamburg
TEL.: 040/21111390
FAX.: 040/21111399
Branch:
TSR Recycling GmbH & Co. KG
Hans-Böckler-Str. 16
D 56070 Koblenz
TEL.: 0261/988980
Branch:
TSR Recycling GmbH & Co. KG
Bahnhofstr. 12a
D 38822 Schachdorf Ströbeck
TEL.: 039427/314
Branch:
TSR Recycling GmbH & Co. KG
Benzstr. 2
D 74076 Heilbronn
Branch:
TSR Recycling GmbH & Co. KG
Beim Alten Hebeturm 24
D 47119 Duisburg
TEL.: 0203/93545951
Branch:
TSR Recycling GmbH & Co. KG
Berthelsdorfer Str. 15
D 09618 Brand-Erbisdorf
TEL.: 037322/52820
Branch:
TSR Recycling GmbH & Co. KG
Woltersdorfer Str. 40
D 14770 Brandenburg
Branch:
TSR Recycling GmbH & Co. KG
Uhlfelderstr. 4
D 60314 Frankfurt
Branch:
TSR Recycling GmbH & Co. KG
Lahnuferstr. 13-21
D 57334 Bad Laasphe
Branch:
TSR Recycling GmbH & Co. KG
August-Conrad-Str. 43
D 16761 Hennigsdorf
TEL.: 03302/7912020
FAX.: 03302/79120285
Shareholder:
TSR-KAT GmbH
Ochsenburger Str. 19
D 75056 Sulzfeld
Legal form: Private limited company
Company Status: active
Share capital: EUR 468,750.00
Share: EUR 300,000.00
Reg. data: 27.06.2011
Local court 68159 Mannheim
HRB 712172
Shareholder:
AAA Stahl Holding GmbH
Bahnhofstr. 106
D 82166 Gräfelfing
Legal form: Private limited company
Company Status: active
Share capital: EUR 61,355.03
Share: EUR 43,971.10
Reg. data: 17.08.1998
Local court 80797 München
HRB 121627
Shareholder:
GMR GmbH Geraer Metallrecycling
Franzosenweg 3
D 07546 Gera
Legal form: Private limited company
Company Status: active
Share capital: EUR 50,000.00
Share: EUR 50,000.00
Reg. data: 29.06.2000
Local court 07745 Jena
HRB 208316
Shareholder:
Metallrecycling Veit GmbH
Im Gewerbepark 1
D 07646 Bollberg
Legal form: Private limited company
Company Status: active
Share capital: EUR 100,000.00
Share: EUR 50,000.00
Reg. data: 29.06.2004
Local court 07745 Jena
HRB 210143
Payment experience: within agreed terms
Negative information: We have no negative information at hand.
Balance sheet year: 2007
Type of ownership: Tenant
Address Hafenstr. 98
D 46242 Bottrop
Real Estate of: TSR Recycling Verwaltungs GmbH
Type of ownership: Tenant
Address Hafenstr. 98
D 46242 Bottrop
Land register documents were not available.
Principal bank
DEUTSCHE BANK, DÜSSELDORF
Sort. code: 30070010, BIC: DEUTDEDDXXX
Further bank
COMMERZBANK, DUISBURG
Sort. code: 35040038, BIC: COBADEFF350
Turnover: 2011 EUR 3,300,000,000.00
Employees:
2,200
Balance sheet ratios
01.01.2007 - 31.12.2007
Equity ratio
[%]: 25.50
Liquidity
ratio: 0.70
Return on total
capital [%]: 4.53
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: 01.01.2007 - 31.12.2007
ASSETS EUR 353,920,765.02
Fixed assets EUR 119,219,354.44
Intangible assets EUR 346,753.00
Concessions, licences, rights EUR 220,490.00
Goodwill EUR 126,263.00
Tangible assets EUR 76,374,130.64
Land / similar rights EUR 37,665,978.15
Plant / machinery EUR 23,855,135.59
Other tangible assets / fixtures and
fittings EUR 9,757,637.00
Advance payments made / construction
in progress EUR 5,095,379.90
Financial assets EUR 42,498,470.80
Shares in participations /
subsidiaries and the like EUR 42,498,470.80
Shares in related companies EUR 4,398,546.84
Shares in investee companies EUR 38,099,923.96
Current assets EUR 234,319,885.66
Stocks EUR 84,515,441.43
Raw materials, consumables and
supplies EUR 555,024.69
Finished goods / work in progress EUR
82,020,770.17
Advance payments made EUR 3,309,411.90
Minus received advance payments for
orders / installments for stocks EUR
-1,369,765.33
Accounts receivable EUR 148,668,397.38
Amounts due from shareholders EUR 3,944,410.82
Trade debtors EUR 119,322,321.02
Amounts due from related companies EUR
10,825,536.14
Amounts due from investee companies EUR
660,631.86
Other debtors and assets EUR 13,915,497.54
Liquid means EUR 1,136,046.85
Remaining other assets EUR 381,524.92
Accruals (assets) EUR 381,524.92
LIABILITIES EUR 353,920,765.02
Shareholders' equity EUR 93,255,937.51
Capital EUR 93,255,937.51
Limited partner's capital / capital
of partially liable partner (LP) EUR
93,255,937.51
Items between shareholders' equity and
debt capital EUR 5,623,756.00
Allowances / bonuses EUR 5,623,756.00
Provisions EUR 47,733,513.49
Pension provisions and comparable
provisions EUR 25,575,416.00
Provisions for taxes EUR 5,950,996.03
Other / unspecified provisions EUR 16,207,101.46
Liabilities EUR 207,307,558.02
Financial debts EUR 122,404,096.54
Liabilities due to banks EUR 122,404,096.54
Other liabilities EUR 84,903,461.48
Trade creditors (for IAS incl. bills
of exchange) EUR 80,402,849.85
Liabililties due to related
companiesEUR 2,709,580.78
Liabilities due to investee
companiesEUR 996,602.22
Unspecified other liabilities EUR 794,428.63
thereof liabilities from tax /
financial authorities EUR 362,279.20
thereof liabilities from social
security EUR 0.00
PROFIT AND LOSS ACCOUNT (cost-summary method)
according to Comm.
Code (HGB)
Sales EUR 1,654,614,007.61
Other operating income EUR 11,574,403.16
Cost of materials EUR 1,528,568,885.69
Raw materials and supplies, purchased
goods EUR 1,474,422,809.67
Purchased services EUR 54,146,076.02
Gross result (+/-) EUR 137,619,525.08
Staff expenses EUR 46,769,626.10
Wages and salaries EUR 32,101,570.52
Social security contributions and
expenses for pension plans and
benefits EUR
14,668,055.58
Total depreciation EUR 11,621,275.35
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus. EUR 11,621,275.35
Other operating expenses EUR 51,004,432.74
Operating result from continuing
operations EUR 28,224,190.89
Result from participating interests
(+/-) EUR 388,974.00
Expenses / income from participations
EUR 388,974.00
Income from related companies EUR 388,974.00
Interest result (+/-) EUR -5,538,785.02
Interest and similar income EUR 300,020.49
Interest and similar expenses EUR 5,838,805.51
Financial result (+/-) EUR -5,149,811.02
Result from ordinary operations (+/-) EUR
23,074,379.87
Income tax / refund of income tax
(+/-)EUR -4,698,604.08
Other taxes / refund of taxes EUR -2,546,541.58
Tax (+/-) EUR -7,245,145.66
Annual surplus / annual deficit EUR 15,829,234.21
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.54.46 |
|
UK Pound |
1 |
Rs.83.13 |
|
Euro |
1 |
Rs.70.99 |
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.