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Report Date : |
04.01.2013 |
IDENTIFICATION DETAILS
|
Name : |
FUCHS GMBH & CO. KG |
|
|
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Registered Office : |
Industriestr. 25 D 49201 Dissen |
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|
|
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Country : |
Germany |
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|
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Date of Incorporation : |
01.02.1969 |
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|
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Com. Reg. No.: |
HRA 110690 |
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|
|
|
Legal Form : |
Ltd partnership with priv. ltd.
company as general partner |
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|
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Line of Business : |
Manufacture of other food products |
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|
|
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No. of Employees : |
Not Available |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Status : |
Moderate |
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|
|
Payment Behaviour : |
Unknown |
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|
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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 |
FUCHS GMBH & CO. KG
Company
Status: active
Industriestr. 25
D 49201 Dissen
Telephone:05421/3090
Telefax:
05421/309111
Homepage: www.fuchs-gewuerze.de
E-mail:
info@fuchs-gewuerze.de
Business relations are permissible.
LEGAL FORM Ltd
partnership with priv. ltd. company as general partner
Date of foundation: 01.02.1969
Begin of business
activities: 29.08.2002
Registered on: 05.04.2006
Register of
companies: Local
court 49074 Osnabrück
under: HRA
110690
Total cap. contribution: EUR 256,000.00
Limited partner:
DF World of Spices GmbH
Industriestr. 25
D 49201 Dissen
Legal form: Private
limited company
Share capital: EUR
13,335,200.00
Share: EUR 256,000.00
Registered on: 12.11.2002
Reg. data: 49074
Osnabrück, HRB 110874
General partner:
Fuchs
BeteiligungsgesellschaftmbH
Industriestr. 25
D 49201 Dissen
Legal form: Private
limited company
Share capital: EUR 26,000.00
Registered on: 21.08.1991
Reg. data: 49074
Osnabrück, HRB 16845
Shareholder:
DF Verwaltung GmbH &
Co. KG
Industriestr. 25
D 49201 Dissen
Legal form: Ltd
partnership with priv. ltd.
company as general
partner
Total cap. EUR 10,225,837.62
contribution:
Share: EUR 26,000.00
Registered on: 04.03.2004
Reg. data: 49074 Osnabrück, HRA 110593
Manager:
Nils Meyer-Pries
Ernst-Sievers-Str. 72
D 49078 Osnabrück
born: 28.01.1970
Profession: anditor and
tax advisor
Manager:
Dr. rer. pol. Bernd
Halfar
Zum Schäferhof 50
D 49088 Osnabrück
born: 17.08.1961
Manager:
Dirk Haucap
Heinrich-Witte-Str. 29
D 49179 Ostercappeln
authorized to jointly
represent the company
born: 11.12.1969
Manager:
Claus-Peter Stellmacher
Falkenstr. 3d
D 22885 Barsbüttel
authorized to jointly
represent the company
born: 02.09.1953
Manager:
Dr. Helmut Heinrich Mank
D 49324 Melle
born:
08.11.1956
Proxy:
Hartmut Scholltze
Papiermühle 33
D 49124 Georgsmarienhütte
authorized to jointly
represent the company
born: 06.02.1955
Profession: Fully
qualified merchant
Proxy:
Günter Stroeve
D 49196 Bad Laer
authorized to jointly
represent the company
born: 25.10.1949
Marital status: married
Proxy:
Tono Georg Südhoff
D 48429 Rheine
authorized to jointly
represent the company
born: 17.08.1972
Proxy:
Thomas Müller
D 47906 Kempen
authorized to jointly
represent the company
born: 24.05.1965
Proxy:
Dr. Klaus Valentin
Kilimann
D 49201 Dissen
authorized to jointly
represent the company
born: 07.12.1976
Proxy:
Andrea Kunze
D 48336 Sassenberg
authorized to jointly
represent the company
born: 30.11.1977
Proxy:
Wolfgang Kohnen
D 49179 Ostercappeln
authorized to jointly
represent the company
born: 19.04.1970
Proxy:
Hans-Joachim Pogodda
D 49186 Bad Iburg
authorized to jointly
represent the company
born: 14.11.1958
01.02.1969 - 29.08.2002 Fuchs GmbH & Co. HRA 5683 - AG Osnabrück
Osterfeldstr. 2-8
D 49326 Melle
Private limited
company
29.08.2002 - 05.04.2006 Fuchs GmbH (AG Osnabrück, HRB 110882,
03.12.2002)
Westring 15-17
D 49201 Dissen
Private limited
company
Main industrial sector
10890
Manufacture of other food products n.e.c.
46370
Wholesale of coffee, tea, cocoa and spices
Works:
Fuchs GmbH & Co. KG
Westring 15-17
D 49201 Dissen
Branch:
Fuchs GmbH & Co. KG
Osterfeldstr. 2-8
D 49326 Melle
TEL.: 05429/209-0
Shareholder:
Kräuter-Schatz GmbH
Westring 15-17
D 49201 Dissen
Legal form: Private limited company
Company Status: dissolved
since: 16.09.2010
Share capital: EUR 52,000.00
Share: EUR 51,000.00
Reg. data: 02.10.2002
Local court
49074 Osnabrück
HRB 110866
Payment experience: within agreed terms
Negative information: We have no negative
information at hand.
Type of ownership: Tenant
Address Westring
15-17
D 49201 Dissen
Type of ownership: Tenant
Address Industriestr.
25
D 49201 Dissen
Real Estate of: Fuchs
BeteiligungsgesellschaftmbH
Type of ownership: Tenant
Address Industriestr.
25
D 49201 Dissen
Land register documents were not available.
VOLKSBANK DISSEN ZNDL D VB OSNABRÜCK, DISSEN
AM TEUTOBURGER WALD
Sort. code: 26590025, BIC: GENODEF1OSV
COMMERZBANK, BIELEFELD
Sort. code: 48040035, BIC: COBADEFF480
SPARKASSE OSNABRÜCK, OSNABRÜCK
Sort. code: 26550105, BIC: NOLADE22XXX
Financial year: 01.01. - 31.12.
The number of employees is not known.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.54.42 |
|
UK Pound |
1 |
Rs.88.29 |
|
Euro |
1 |
Rs.71.49 |
INFORMATION DETAILS
|
Report Prepared
by : |
SDA |
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.