|
Report Date : |
18.02.2013 |
IDENTIFICATION DETAILS
|
Name : |
OPW
INGREDIENTS GMBH |
|
|
|
|
Registered Office : |
Industriering
50 D 41751 Viersen |
|
|
|
|
Country : |
Germany |
|
|
|
|
Date of Incorporation : |
20.08.2012 |
|
|
|
|
Legal Form : |
Private
limited company |
|
|
|
|
Line of Business : |
Wholesale of food |
|
|
|
|
No. of Employees : |
10 |
RATING & COMMENTS
|
MIRA’s Rating : |
NB |
|
|
Without
Financials |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
-- |
NB |
New Business |
-- |
|
Status : |
New Company |
|
Payment Behaviour : |
Unknown |
|
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 (31.03.2011) |
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
OPW Ingredients GmbH
Company Status: active
Industriering 50
D
41751 Viersen
Telephone:02162/81959-0
Telefax: 02162/81959-10
Homepage: www.opw-ingredients.com
E-mail: info@opw-ingredients.com
DE285460869
Business relations are
permissible.
LEGAL FORM Private
limited company
Date of foundation: 20.08.2012
Shareholders'
agreement: 20.08.2012
Registered on: 27.09.2012
Commercial Register: Local court 41061 Mönchengladbach
under: HRB
15172
EUR 2,000,000.00
MAXHILL INDUSTRIAL LIMITED
HK -
Hongkong
Legal
form: Other legal form
Share: EUR 1,500,000.00
Shareholder:
J8
Holding GmbH
Borner
Str. 65
D
41372 Niederkrüchten
Legal
form: Private limited company
Share
capital: EUR 25,000.00
Share: EUR 500,000.00
Registered on: 15.08.2012
Reg.
data: 41061 Mönchengladbach, HRB 15120
Manager:
Onno
Rudolf Jongkind
Borner
Str. 65
D
41372 Niederkrüchten
having
sole power of representation
born:
23.10.1969
FURTHER FUNCTIONS/PARTICIPATIONS OF ONNO
RUDOLF JONGKIND
(Manager)
Shareholder:
Gustav
Heess Oleochemie GmbH
Wernerstr. 83
D
70469 Stuttgart
Legal
form: Private limited company
Share
capital: EUR 1,100,000.00
Share: EUR 550,000.00
Registered
on: 22.02.2012
Reg.
data: 70190 Stuttgart, HRB 740411
Shareholder:
J8
Holding GmbH
Borner
Str. 65
D
41372 Niederkrüchten
Legal
form: Private limited company
Share
capital: EUR 25,000.00
Share: EUR 25,000.00
Registered
on: 15.08.2012
Reg.
data: 41061 Mönchengladbach, HRB 15120
Shareholder:
Gustav
Heess Northern Europe GmbH
Wernerstr. 83
D 70469 Stuttgart
Legal
form: Private limited company
Share
capital: EUR 25,000.00
Share: EUR 12,500.00
Registered
on: 22.02.2012
Reg.
data: 70190 Stuttgart, HRB 740417
Shareholder:
BIOTOR
Europe GmbH
Breite
Str. 31
D
40213 Düsseldorf
Legal form: Private limited company
insolvent
Share
capital: EUR 25,000.00
Share: EUR 12,500.00
Registered
on: 18.09.2007
Reg.
data: 40227 Düsseldorf, HRB 57150
Manager:
J8
Holding GmbH
Borner
Str. 65
D
41372 Niederkrüchten
Legal
form: Private limited company
Share
capital: EUR 25,000.00
Registered
on: 15.08.2012
Reg.
data: 41061 Mönchengladbach, HRB 15120
27.09.2012 -
29.01.2013 OPW Ingredients GmbH
Borner Str. 65
D
41372 Niederkrüchten
Private limited company
Main industrial sector
46389 Wholesale of food n.e.c.
Payment experience: without
complaints
Negative information:We
have no negative information at hand.
Type of ownership: Tenant
Address Industriering 50
D 41751 Viersen
Land register documents
were not available.
A bank connection is
unknown.
Financial year: 27.09. - 31.12.
Share capital: EUR 2,000,000.00
Equipment: EUR 50,000.00
Total numbers of vehicles: 2
Employees:
10
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.53.99 |
|
|
1 |
Rs.83.72 |
|
Euro |
1 |
Rs.72.08 |
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.