|
Report Date : |
08.02.2013 |
IDENTIFICATION DETAILS
|
Name : |
WINDMÖLLER & HÖLSCHER KG |
|
|
|
|
Registered Office : |
Münsterstr. 48-50, D 49525 Lengerich |
|
|
|
|
Country : |
Germany |
|
|
|
|
Year of Incorporation : |
1869 |
|
|
|
|
Com. Reg. No.: |
HRA 4550 |
|
|
|
|
Legal Form : |
Limited partnership |
|
|
|
|
Line of Business : |
Manufacture of other general-purpose machinery |
|
|
|
|
No. of Employees : |
1500 |
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 |
WINDMÖLLER &
HÖLSCHER KG
Company Status: active
Münsterstr. 48-50
D 49525 Lengerich
Post Box:
16 60, D 49516 Lengerich
Telephone:05481/140
Telefax: 05481/143555
Homepage: www.wuh-lengerich.de
E-mail:
info@wuh-lengerich.de
DE125494361
LEGAL FORM Limited partnership
Date of foundation: 1869
Begin of business
activities: 26.04.1937
Registered on: 26.04.1937
Register of
companies: Local court 48565 Steinfurt
under: HRA 4550
Total cap. contribution: EUR 22,434,475.00
Limited partner:
Ingeborg Günther
Fritz-Gempt-Str. 4
D
49525 Lengerich
born: 20.10.1943
née: Windmöller
Share: EUR 3,017,050.00
Limited partner:
Gisela Wagner
D 49525 Lengerich
born: 28.06.1934
née: Windmöller
Share: EUR 3,017,050.00
Limited partner:
Heike Stadler
3194 Cape Verde Place
USA 92626 Casta Mesa/Califonia
born: 07.03.1939
Share: EUR 1,877,625.00
Limited partner:
Juliane Pfitzer
D
67366 Weingarten
born: 26.04.1940
née: Requardt
Share: EUR 1,688,667.00
Limited partner:
Dorothea Grolle-Heuhsen
D
35759 Driedorf
born: 10.12.1942
née: Requardt
Share: EUR 1,688,667.00
Limited partner:
Dr. Hermann Requardt
D
55127 Mainz
born: 29.10.1938
Share: EUR 1,688,666.00
Limited partner:
Günter Gennerich
D
49525 Lengerich
born: 27.03.1942
Share: EUR 1,410,000.00
Limited partner:
Ursula Determann
D
40210 Düsseldorf
born: 02.08.1937
Share: EUR 1,306,000.00
Limited partner:
Elke Smith
GB GB- Newcastle/Upon/Tyne
born: 07.06.1936
Share: EUR 1,253,750.00
Limited partner:
Rabeaa Determann
D
49525 Lengerich
born: 06.02.1983
Share: EUR 522,500.00
Limited partner:
Till Hendrik Determann
D
49525 Lengerich
born: 07.12.1977
Share: EUR 522,500.00
Limited partner:
Elisabeth Braumann
D
49525 Lengerich
born: 28.04.1961
Share: EUR 522,400.00
Limited partner:
Walter Steinbeck
Fritz-Gempt-Str. 14
D
49525 Lengerich
born: 08.12.1933
Share: EUR 522,000.00
Limited partner:
Gunhild
Hassmann
D
49536 Lienen
born: 29.10.1951
née: Gennerich
Share: EUR 522,000.00
Limited partner:
Henriette Wagner
Schulstr. 21
D
49525 Lengerich
born: 12.11.1963
Share: EUR 391,800.00
Limited partner:
Sylvia Wagner
D
49525 Lengerich
born: 31.05.1970
Share: EUR 391,800.00
Limited partner:
Florian Günther
D
49525 Lengerich
born: 26.11.1982
Share: EUR 326,500.00
Limited partner:
Nikola Günther
D
49525 Lengerich
born: 21.05.1977
Share: EUR 326,500.00
Limited partner:
Stefanie Günther
D
49525 Lengerich
Share: EUR 326,500.00
Limited partner:
Julia Günther
D
49525 Lengerich
born: 29.09.1986
Share: EUR 326,500.00
Limited partner:
Gudrun Schüler
Im Rauhen Seifen 12
D
57271 Hilchenbach
born: 27.01.1944
née: Gennerich
Share: EUR 261,000.00
Limited partner:
Gisela Gennerich
Schloßstr. 6 II
D
22041 Hamburg
born:
05.11.1948
née: Gennerich
Share: EUR 261,000.00
Limited partner:
Georg Gennerich
An der Wallhecke 12
D
48167 Münster
born: 03.01.1957
Share: EUR 261,000.00
Limited partner:
Douglas M. Stadler
USA Placerville
born: 23.04.1965
Share: EUR 1,000.00
Limited partner:
Gregory C. Stadler
USA Farnham
born: 25.05.1966
Share: EUR 1,000.00
Limited partner:
Peter H. Stadler
USA Placerville
born: 07.09.1937
Share: EUR 1,000.00
General partner:
Adelheid Windmöller
Bahnhofstr. 51
D
49525 Lengerich
born: 28.06.1936
Profession: Fully qualified merchant
General partner:
Windmöller & Hölscher Verwaltungs GmbH
Münsterstr.
50
D
49525 Lengerich
Post Box:
16 60, D 49516 Lengerich
Legal form: Private limited company
Share capital: EUR 26,000.00
Registered on: 21.10.1996
Reg. data: 48565 Steinfurt, HRB 6393
Shareholder:
Windmöller & Hölscher KG
Münsterstr. 48-50
D
49525 Lengerich
Post Box:
16 60, D 49516 Lengerich
Legal form: Limited partnership
Total cap. EUR 22,434,475.00
contribution:
Share: EUR 26,000.00
Registered on: 26.04.1937
Reg. data: 48565 Steinfurt, HRA 4550
Manager:
Peter Steinbeck
D
49525 Lengerich
born: 02.05.1960
Profession: Fully qualified
economic
engineer
Manager:
Dr.-Ing. Jürgen Vutz
Chico-Mendes-Str. 30
D
48268 Greven
born: 09.02.1957
Profession: Engineer
Marital status: married
Manager:
Theodor Determann
D
49525 Lengerich
born: 16.03.1970
Profession: Fully qualified management
expert
Proxy:
Uwe Köhn
D
49074 Osnabrück
authorized to jointly represent the company
born: 04.05.1958
Proxy:
Dietmar Pötter
D
49492 Westerkappeln
authorized to jointly represent the company
born: 21.11.1958
Proxy:
Jürgen Neitsch
D
41061 Mönchengladbach
authorized to jointly represent the
company
born: 24.09.1963
Proxy:
Reinhard Elting
D
45964 Gladbeck
authorized to jointly represent the company
born:
09.05.1960
Profession: Businessman
Proxy:
Thomas Lengenberg
D
59348 Lüdinghausen
authorized to jointly represent the company
born: 03.10.1957
Proxy:
Torsten Berding
Schmidtstr. 5
D
49080 Osnabrück
authorized to jointly represent the company
born: 16.01.1971
Proxy:
Dr. Falco Paepenmüller
D
49843 Halle
authorized to jointly represent the company
born: 19.02.1974
Proxy:
Shri-Prakash Werlemann-Gupta
D
49525 Lengerich
authorized to jointly represent the
company
born: 15.05.1967
Proxy:
Robert Tenfelde
Hummelweg 32
D
48527 Nordhorn
authorized
to jointly represent the company
born: 29.06.1966
Proxy:
Holger Bauer
D
49525 Lengerich
authorized to jointly represent the company
born: 20.10.1971
Proxy:
Bernd Richter
D
33189 Schlangen
authorized to jointly represent the company
born: 21.06.1963
Further
functions/participations of Adelheid Windmöller (General
partner)
Shareholder:
Windmöller & Hölscher Vermögens Verwaltungs
GmbH
Münsterstr. 50
D
49525 Lengerich
Legal form: Private limited company
Share capital: EUR 25,000.00
Share: EUR 25,000.00
Registered
on: 08.11.2007
Reg. data: 48565 Steinfurt, HRB
7800
Shareholder:
Windmöller & Hölscher Gesellschaft mit
beschränkter Haftung
Münsterstr. 50
D
49525 Lengerich
Post Box:
16
60, D 49516 Lengerich
Legal form: Private limited company
Share capital: EUR 52,000.00
Share: EUR 2,600.00
Registered
on: 10.10.1978
Reg. data: 48565 Steinfurt, HRB
6194
Manager:
Windmöller & Hölscher Gesellschaft mit
beschränkter Haftung
Münsterstr. 50
D 49525 Lengerich
Post Box:
16 60, D 49516 Lengerich
Legal form: Private limited company
Share capital: EUR 52,000.00
Registered
on: 10.10.1978
Reg. data: 48565 Steinfurt, HRB
6194
Member of the Supervisory Board:
Evangelisches Krankenhaus Lengerich
gemeinnützige Gesellschaft mit beschränkter
Haftung
Martin-Luther-Str. 49
D
49525 Lengerich
Legal form: Private limited company
dissolved by
official decree
Share
capital: EUR 1,278,229.70
Registered
on: 15.01.1991
Reg. data: 48565 Steinfurt, HRB
6358
Main industrial sector
28290 Manufacture of
other general-purpose machinery
64200 Activities of
holding companies
0109 Other
activities of head offices
Limited partner:
Klaus Reinhold Maschinen- und Gerätebau GmbH
& Co. KG
Münsterstr.
50
D
49525 Lengerich
Legal form: Ltd partnership with priv. ltd.
company as
general partner
Company Status: active
Total cap. EUR 66,500.00
contribution:
Share: EUR 60,000.00
Reg. data: 30.08.2002
Local court
48565 Steinfurt
HRA 4846
Shareholder:
Windmöller & Hölscher Gesellschaft mit
beschränkter Haftung
Südstr. 11
D
48153 Münster
Legal form: Private limited company
Company Status: active
Share capital: EUR 3,323,397.23
Share: EUR 3,272,268.04
Reg. data: 06.04.1993
Local court 48149 Münster
HRB 3999
Shareholder:
Garant-Maschinenhandel GmbH
Münsterstr. 91
D
49525 Lengerich
Legal form: Private limited company
Company Status: active
Share capital: EUR 1,410,000.00
Share: EUR 1,402,950.00
Reg. data: 09.11.1973
Local court 48565
Steinfurt
HRB 6179
Shareholder:
Windmöller & Hölscher Gesellschaft mit
beschränkter Haftung
Münsterstr. 50
D
49525 Lengerich
Post Box:
16 60
Legal form: Private limited company
Company Status: active
Share capital: EUR 52,000.00
Share: EUR 49,400.00
Reg. data: 10.10.1978
Local court
48565 Steinfurt
HRB 6194
Shareholder:
Windmöller & Hölscher Verwaltungs GmbH
Münsterstr. 50
D
49525 Lengerich
Post Box:
16 60
Legal form: Private limited company
Company Status: active
Share capital: EUR 26,000.00
Share: EUR 26,000.00
Reg. data: 21.10.1996
Local court
48565 Steinfurt
HRB 6393
Shareholder:
Reinhold Verwaltungs GmbH
Münsterstr. 50
D
49525 Lengerich
Legal form: Private limited company
Company Status: active
Share capital: EUR 25,000.00
Share: EUR 25,000.00
Reg. data: 23.07.2002
Local court
48565 Steinfurt
HRB 6697
Shareholder:
Windmöller & Hölscher Ausbildungs GmbH
Münsterstr. 50
D
49525 Lengerich
Legal form: Private limited company
Company Status: active
Share capital: EUR 25,000.00
Share: EUR 25,000.00
Reg. data: 03.12.2003
Local court
48565 Steinfurt
HRB 6753
Payment experience:
within agreed terms
Negative information:We have no negative information at
hand.
Type of ownership: proprietor
Share: 100.00 %
Address Münsterstr.
48
D 49525 Lengerich
Real Estate of: Windmöller & Hölscher Verwaltungs
GmbH
Type of ownership: Tenant
Address Münsterstr. 50
D 49525 Lengerich
Land register documents were not available.
Principal bank
WGZ BANK, MÜNSTER, WESTF
Sort. code: 40060000, BIC: GENODEMSXXX
Further banks
BANKHAUS LAMPE, DÜSSELDORF
Sort. code: 48020151, BIC: LAMPDEDDXXX
DEUTSCHE BANK, OSNABRÜCK
Sort. code: 26570090, BIC: DEUTDE3B265
COMMERZBANK VORMALS DRESDNER BANK, MÜNSTER, WESTF
Sort. code: 40080040, BIC: DRESDEFF400
POSTBANK, HANNOVER
Sort. code: 25010030, BIC: PBNKDEFF250
STADTSPARKASSE LENGERICH, LENGERICH, WESTF
Sort. code: 40154476, BIC: WELADED1LEN
Financial year: 01.01.
- 31.12.
Turnover:
2011 EUR 468,000,000.00
2012 EUR 472,000,000.00
Expected turnover: EUR 460,000,000.00
further business figures:
Employees:
1,500
The aforementioned business figures may partly be estimated
information based on average values in the line of business.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian
Rupees |
|
US Dollar |
1 |
Rs.53.14 |
|
UK Pound |
1 |
Rs.83.26 |
|
Euro |
1 |
Rs.71.93 |
INFORMATION DETAILS
|
Report
Prepared by : |
NLM |
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.