|
Report Date : |
29.08.2013 |
IDENTIFICATION DETAILS
|
Name : |
TEDI
GMBH & CO. KG |
|
|
|
|
Registered Office : |
Brackeler
Hellweg 301 D 44309 Dortmund |
|
|
|
|
Country : |
Germany |
|
|
|
|
Date of Incorporation : |
24.09.2004 |
|
|
|
|
Com. Reg. No.: |
HRA
15612 |
|
|
|
|
Legal Form : |
Ltd
partnership with priv. ltd. company as general partner |
|
|
|
|
Line of Business : |
Retail
sale of miscellaneous goods (except food) |
|
|
|
|
No. of Employees : |
Not Available |
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 – March 31st, 2013
|
Country Name |
Previous Rating (31.12.2012) |
Current Rating (31.03.2013) |
|
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 6.5% in 2012. GDP contracted
5.1% in 2009 but grew by 4.2% in 2010, and 3.0% in 2011, before dipping to 0.7%
in 2012 - a reflection of low investment spending due to crisis-induced
uncertainty and the decreased demand for German exports from recession-stricken
periphery countries. Stimulus and stabilization efforts initiated in 2008 and
2009 and tax cuts introduced in Chancellor Angela MERKEL's second term
increased Germany's total budget deficit - including federal, state, and
municipal - to 4.1% in 2010, but slower spending and higher tax revenues
reduced the deficit to 0.8% in 2011. In 2012 Germany reached a budget surplus
of 0.1%. 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 though the target was already reached in 2012. By 2014, the federal
government wants to balance its budget. 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 electricity generating capacity and 46% of its
base-load electricity production.
Source
: CIA
TEDi GmbH & Co. KG
Company Status: active
Brackeler Hellweg 301
D 44309 Dortmund
Telephone:0231/555770
Telefax: 0231/55577499
Homepage:
www.tedi-discount.com
E-mail: info@tedi-discount.com
DE235015903
316/5878/0603
Business relations are permissible.
LEGAL FORM Ltd
partnership with priv. ltd. company as
general partner
Registered on: 24.09.2004
Register of
companies: Local
court 44135 Dortmund
under: HRA
15612
EUR
13,000,000.00
B. H. Holding GmbH
Edisonstr. 1
D 59199 Bönen
Legal form: Private
limited company
Share capital: EUR 100,000.00
Share: EUR 6,630,000.00
Registered on: 02.02.2012
Reg. data: 59065 Hamm,
HRB 7399
Limited partner:
Tengelmann
Warenhandelsgesellschaft KG
Wissollstr. 5-43
D 45478 Mülheim
Post Box:
10 20 53, D 45466 Mülheim
Legal form: Limited
partnership
Total cap. EUR 7,500,000.00
contribution:
Share: EUR 3,900,000.00
Registered on: 02.02.1903
Reg. data: 47051
Duisburg, HRA 8466
Limited partner:
Jost Stefan Heinig
Hollmannstr. 30
D 44229 Dortmund
born: 02.08.1962
Share: EUR 1,755,000.00
Limited partner:
F.O. Holding GmbH
Rünther Heide 43
D 59192 Bergkamen
Legal form: Private
limited company
Share capital: EUR 25,000.00
Share: EUR 325,000.00
Registered on: 11.03.2011
Reg. data: 59065
Hamm, HRB 7133
Limited partner:
Karl Erivan Wander Haub
D 65033 Wiesbaden
born: 02.03.1960 in
Tacoma, Washington / USA
Share: EUR
260,000.00
Limited partner:
NC Investor GmbH
Beckkamp 24
D 48317 Drensteinfurt
Legal form: Private
limited company
Share capital: EUR 25,000.00
Share: EUR 65,000.00
Registered on: 10.01.2008
Reg. data: 48149 Münster,
HRB 11302
Limited partner:
SB Holding GmbH
Heydbrekenstr. 15
D 44319 Dortmund
Legal form: Private
limited company
Share capital: EUR 25,000.00
Share: EUR 65,000.00
Registered on: 18.01.2008
Reg. data: 44135
Dortmund, HRB 20931
General partner:
TEDi Verwaltungs- und
Beteiligungs-GmbH
Brackeler Hellweg 301
D 44309 Dortmund
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered on: 29.07.2004
Reg. data: 44135 Dortmund,
HRB 18380
Shareholder:
B. H. Holding GmbH
Edisonstr. 1
D 59199 Bönen
Legal form: Private
limited company
Share capital: EUR
100,000.00
Share: EUR 12,850.00
Registered on: 02.02.2012
Reg. data: 59065 Hamm,
HRB 7399
Shareholder:
Tengelmann
Warenhandelsgesellschaft KG
Wissollstr. 5-43
D 45478 Mülheim
Post Box:
10 20 53, D 45466 Mülheim
Legal form: Limited
partnership
Total cap. EUR 7,500,000.00
contribution:
Share: EUR 7,550.00
Registered on: 02.02.1903
Reg. data: 47051 Duisburg,
HRA 8466
Shareholder:
Jost Stefan Heinig
Hollmannstr. 30
D 44229 Dortmund
born: 02.08.1962
Share: EUR 3,400.00
Shareholder:
F.O. Holding GmbH
Rünther Heide 43
D 59192 Bergkamen
Legal form: Private
limited company
Share capital: EUR 25,000.00
Share: EUR 600.00
Registered on: 11.03.2011
Reg. data: 59065 Hamm,
HRB 7133
Shareholder:
Erivan Karl Haub
Emilienstr. 4
D 65193 Wiesbaden
born: 29.09.1932 in
Wiesbaden
Share: EUR 500.00
Shareholder:
SB Holding GmbH
Heydbrekenstr. 15
D 44319 Dortmund
Legal form: Private
limited company
Share capital: EUR 25,000.00
Share: EUR 100.00
Registered on: 18.01.2008
Reg. data: 44135
Dortmund, HRB 20931
Manager:
Gerald Finke
D 48143 Münster
born: 23.06.1958
Profession: Businessman
Marital status: married
Manager:
Stacey P.S. Nazare
D 59469 Ense
authorized to jointly
represent the company
born: 25.08.1967
Manager:
Frank Oesterling
Rünther Heide 43
D 59192 Bergkamen
having sole power of
representation
born: 10.01.1964
Manager:
Silvan Wohlfahrt
D 59519 Möhnesee
born: 01.11.1971
Profession: Businessman
Manager:
Sascha Daniel Barenkau
D 44137 Dortmund
authorized to jointly
represent the company
born: 02.06.1974
Manager:
Markus Meier
D 44309 Dortmund
born: 29.08.1963
16.06.2004 - 24.09.2004 TEDi GmbH & Co. KG
Siemensstr. 21
D 59199 Bönen
Ltd partnership with
priv. ltd. company
as general partner
25.09.2004 - 30.04.2009 TEDi GmbH & Co. KG
Heßlingsweg 44
D 44309 Dortmund
Ltd partnership with
priv. ltd. company
as general partner
Main industrial sector
47191 Retail
sale of miscellaneous goods (except food)
Shareholder:
TEDi Logistik GmbH
Brackeler Hellweg 305
D 44309 Dortmund
Legal form: Private
limited company
Company Status: active
Share capital: EUR 50,000.00
Share: EUR 50,000.00
Reg. data: 21.04.2005
Local court 44135 Dortmund
HRB 18951
Shareholder:
TEDi Immobilien GmbH
Brackeler Hellweg 301
D 44309 Dortmund
Legal form: Private
limited company
Company Status: active
Share capital: EUR 25,000.00
Share: EUR 25,000.00
Reg. data: 04.04.2008
Local court
44135 Dortmund
HRB 21128
Payment experience: within agreed terms
Negative information:We have no negative
information at hand.
Type of
ownership: proprietor
Share: 100.00 %
Address Brackeler Hellweg 301
D 44309 Dortmund
Type of real estate: factory building
Size: 125,000.00 sq.m
Real Estate of: TEDi Verwaltungs- und Beteiligungs-GmbH
Type of ownership: Tenant
Address Brackeler Hellweg 301
D 44309 Dortmund
Land register documents were not available.
Principal bank
COMMERZBANK VORMALS DRESDNER BANK, DORTMUND
Sort. code: 44080050, Account no.: 0114017600,
BIC: DRESDEFF440
Further banks
COMMERZBANK, DORTMUND
Sort. code: 44040037, Account no.: 340023100,
BIC: COBADEFF440
SPARKASSE DORTMUND, DORTMUND
Sort. code: 44050199, BIC: DORTDE33XXX
Financial year: 01.05. - 30.04.
The number of employees is not known.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.68.36 |
|
|
1 |
Rs.106.03 |
|
Euro |
1 |
Rs.91.47 |
INFORMATION DETAILS
|
Report
Prepared by : |
PRL |
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.