MIRA INFORM REPORT

 

 

Report Date :

17.01.2013

 

IDENTIFICATION DETAILS

 

Name :

TCHIBO GMBH

 

 

Registered Office :

Überseering 18 D 22297 Hamburg

 

 

Country :

Germany

 

 

Date of Incorporation :

1949

 

 

Com. Reg. No.:

HRB 43618

 

 

Legal Form :

Private limited company

 

 

Line of Business :

Wholesale of coffee, tea, cocoa and spices

 

 

No. of Employees :

12,135

 

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

 

 

 

Company name

 

TCHIBO GMBH

 

Company Status:           active

                                    Überseering 18

                                    D 22297 Hamburg

                                    Telephone:040/63870

                                    Telefax:  040/63872600

                                    Homepage: www.tchibo.com

                                    E-mail:   presse@tchibo.de

 

VAT no.:                       DE811164447

 

LEGAL FORM                Private limited company

Date of foundation:         1949

Shareholders'

agreement:                    28.11.1989

Registered on:               26.01.1990

Commercial Register:     Local court 20355 Hamburg

under:                                       HRB 43618

 

Share capital:                   EUR         40,050,000.00

 

Shareholder:

                     maxingvest ag

                     Überseering 18

                     D 22297 Hamburg

                     Post Box:

                     60 30 60, D 22290 Hamburg

                     Legal form: Public limited company

                     Share capital:     EUR        125,000,000.00

                     Share:             EUR         40,050,000.00

                     Registered on: 08.05.1978

                     Reg. data: 20355 Hamburg, HRB 21337

Manager:

                     Dr. Markus Jochen Conrad

                     Goßlerstr. 24

                     D 22587 Hamburg

                     authorized to jointly represent the company

                     born: 24.10.1959

                     Profession: Businessman

                     Marital status: married

Manager:

                     Peter Heinrich Rikowski

                     D 22391 Hamburg

                     born: 27.01.1964

Manager:

                     Holger Bellmann

                     Große Str. 139

                     D 21075 Hamburg

                     authorized to jointly represent the company

                     born: 15.02.1964

                     Profession: Businessman

Manager:

                     Yves Marc Müller

                     Goernestr. 29

                     D 20249 Hamburg

                     authorized to jointly represent the company

                     born: 11.10.1969

                     Marital status: unknown

Manager:

                     Wioletta Rosolowska

                     D 22297 Hamburg

                     authorized to jointly represent the company

                     born: 14.10.1964

Member of the Supervisory Board:

                     Wolfgang Herz

                     Bellevue 18

                     D 22301 Hamburg

                     born: 25.05.1950

                     Profession: Businessman

                     Marital status: married

Member of the Supervisory Board:

                     Michael Herz

                     Agnesstr. 41

                     D 22301 Hamburg

                     born: 28.09.1943

                     Profession: Businessman

                     Marital status: married

Member of the Supervisory Board:

                     Thomas Holzgreve

                     D 23843 Bad Oldesloe

                     born: 25.02.1957

                     Profession: Fully qualified merchant

                     Marital status: unknown

Member of the Supervisory Board:

                     Prof.Dr. Reinhard Karl Georg Pöllath

                     Kardinal-Faulhaber-Str. 10

                     D 80333 München

                     born: 15.01.1948 in Marktredwitz

                     Profession: Solicitor

                     Marital status: married

Member of the Supervisory Board:

                     Björn Gulden

                     In der Fleite 8

                     D 45529 Hattingen

                     born: 04.06.1965

                     Profession: Businessman

Member of the Supervisory Board:

                     Manfred Schmidt

                     CH  Genf

                     Nationality: Swiss

Representative of the Employees within the Supervisory Board:

                     Dr. Rainer Pastuszek

                     Am Reisenbrook 49b

                     D 22359 Hamburg

                     born: 26.07.1954

                     Profession: Businessman

Representative of the Employees within the Supervisory Board:

                     Karl-Friedrich Wrede

                     D 22297 Hamburg

Representative of the Employees within the Supervisory Board:

                     Ingelore Lehmann

                     D 20095 Hamburg

Representative of the Employees within the Supervisory Board:

                     Emilja Mitrovic

                     D 20095 Hamburg

Representative of the Employees within the Supervisory Board:

                     Ralf Neumann

                     D 20095 Hamburg

Representative of the Employees within the Supervisory Board:

                     Petra Reimann

                     D 20095 Hamburg

Proxy:

                     Dr. Rainer Pastuszek

                     Am Reisenbrook 49b

                     D 22359 Hamburg

                     born: 26.07.1954

                     Profession: Businessman

Proxy:

                     Dr. Wolfgang Merkle

                     Maetzelweg 8

                     D 22359 Hamburg

                     authorized to jointly represent the company

                     born: 05.04.1959

                     Profession: Businessman

                     Marital status: married

Proxy:

                     Philip W. Seitz

                     Ebertallee 16

                     D 22607 Hamburg

                     authorized to jointly represent the company

                     born: 15.08.1962

                     Profession: Solicitor

                     Marital status: unknown

Proxy:

                     Dr. Sven Axel Groos

                     Arnulfstr. 2a

                     D 40545 Düsseldorf

                     born: 17.06.1968

                     Marital status: single

Proxy:

                     Klaus Krämer

                     D 20095 Hamburg

                     authorized to jointly represent the company

                     Profession: Businessman

Proxy:

                     Carsten Horn

                     D 20095 Hamburg

                     authorized to jointly represent the company

                     born: 14.04.1965

Proxy:

                     Esref Önal Öncebe

                     D 22952 Lütjensee

                     authorized to jointly represent the company

                     born: 19.04.1963

Proxy:

                     Marc-Stephan Heinsen

                     D 24975 Husby

                     authorized to jointly represent the company

                     born: 19.08.1965

Proxy:

                     Frank Thomsen

                     Mühlenkamp 2

                     D 22303 Hamburg

                     authorized to jointly represent the company

                     born: 04.11.1973

Proxy:

                     Hamid Dastmalchian

                     D 22297 Hamburg

                     authorized to jointly represent the company

                     born: 08.11.1966

Proxy:

                     Dr. Peter Deeg

                     D 21465 Reinbek

                     authorized to jointly represent the company

                     born: 13.07.1970

Proxy:

                     Andreas Ebert

                     D 28195 Bremen

                     authorized to jointly represent the company

                     born: 21.09.1969

Proxy:

                     Ralph Dirk Ludwig

                     D 40210 Düsseldorf

                     authorized to jointly represent the company

                     born: 19.09.1966

 

Further functions/participations of Dr. Markus Jochen Conrad

(Manager)

Shareholder:

                     CERF GmbH

                     Goßlerstr. 24

                     D 22587 Hamburg

                     Legal form: Private limited company

                     Share capital:     EUR             25,000.00

                     Share:             EUR             25,000.00

                     Registered

                     on:         27.12.2010

                     Reg. data:  20355 Hamburg, HRB 116472

Shareholder:

                     Earlybird enTrust Verwaltung GmbH

                     Van-der-Smissen-Str. 3

                     D 22767 Hamburg

                     Legal form: Private limited company

                     Share capital:     EUR             62,500.00

                     Share:             EUR              9,375.00

                     Registered

                     on:         04.02.2009

                     Reg. data:  20355 Hamburg, HRB 108309

Manager:

                     CERF GmbH

                     Goßlerstr. 24

                     D 22587 Hamburg

                     Legal form: Private limited company

                     Share capital:     EUR             25,000.00

                     Registered

                     on:         27.12.2010

                     Reg. data:  20355 Hamburg, HRB 116472

Member of the Board of Directors:

                     Deutscher Kaffeeverband e. V.

                     Pickhuben 4

                     D 20457 Hamburg

                     Legal form: Registered association

                     Registered

                     on:         03.02.1948

                     Reg. data:  20355 Hamburg, VR 4043

Member of the Board of Directors:

                     Hamburger Symphoniker e. V.

                     Dammtorwall 46

                     D 20355 Hamburg

                     Legal form: Registered association

                     Registered

                     on:         12.12.1957

                     Reg. data:  20355 Hamburg, VR 5972

Member of the Supervisory Board:

                     ZERTUS GmbH

                     Zirkusweg 2 Astraturm

                     D 20359 Hamburg

                     Post Box:

                     30 42 21, D 20325 Hamburg

                     Legal form: Private limited company

                     Share capital:     EUR         22,500,000.00

                     Registered

                     on:         07.07.1961

                     Reg. data:  20355 Hamburg, HRB 9518

Member of the Supervisory Board:

                     Zuckerraffinerie Tangermünde Fr. Meyers Sohn

                     Holding GmbH

                     Zirkusweg 2/Astraturm

                     D 20359 Hamburg

                     Post Box:

                     30 42 21, D 20325 Hamburg

                     Legal form: Private limited company

                     Share capital:     EUR         22,500,000.00

                     Registered

                     on:         17.09.1993

                     Reg. data:  20355 Hamburg, HRB 53809

 

Further functions/participations of Peter Heinrich Rikowski

(Manager)

Shareholder:

                     IC Holding GmbH

                     Sigmaringer Str. 107

                     D 70567 Stuttgart

                     Legal form: Private limited company

                     Share capital:     EUR         14,000,000.00

                     Share:             EUR             24,152.00

                     Registered

                     on:         31.10.2011

                     Reg. data:  70190 Stuttgart, HRB 739161

Manager:

                     TCHIBO Energie GmbH

                     Überseering 18

                     D 22297 Hamburg

                     Legal form: Private limited company

                     Share capital:     EUR             25,000.00

                     Registered

                     on:         18.12.2012

                     Reg. data:  20355 Hamburg, HRB 125681

 

Further functions/participations of Holger Bellmann (Manager)

Manager:

                     TCHIBO Produktions GmbH

                     Süderstr. 293

                     D 20537 Hamburg

                     Legal form: Private limited company

                     Share capital:     EUR          1,600,000.00

                     Registered

                     on:         04.01.2006

                     Reg. data:  20355 Hamburg, HRB 96004

President of the Supervisory Board:

                     Libri GmbH

                     Friedensallee 273

                     D 22763 Hamburg

                     Legal form: Private limited company

                     Share capital:     EUR             26,587.18

                     Registered

                     on:         13.11.1997

                     Reg. data:  20355 Hamburg, HRB 65430

 

Further functions/participations of Yves Marc Müller (Manager)

Manager:

                     TCHIBO Energie GmbH

                     Überseering 18

                     D 22297 Hamburg

                     Legal form: Private limited company

                     Share capital:     EUR             25,000.00

                     Registered

                     on:         18.12.2012

                     Reg. data:  20355 Hamburg, HRB 125681

 

 

COMPANY HISTORY

 

26.01.1990 - 26.03.2004             TCHIBO Frisch-Röst-Kaffee GmbH

                                                            Überseering 18

                                                            D 22297 Hamburg

                                                            Private limited company

 

 

BUSINESS ACTIVITIES

 

Secondary industrial sector

46370   Wholesale of coffee, tea, cocoa and spices

46903   Non-specialized wholesale trade

47290   Other retail sale of food

 

 

BRANCHES AND FACTORIES

 

Works:

                     TCHIBO GmbH

                     Alexanderplatz 2

                     D 10178 Berlin

                     TEL.: 030-24720696

Branch:

                     TCHIBO GmbH

                     Altonaer Str. 40

                     D 25436 Tornesch

Branch:

                     TCHIBO GmbH

                     Wendenstr. 464

                     D 20537 Hamburg

Branch:

                     TCHIBO GmbH

                     Neue Eiler Str. 28

                     D 51145 Köln

Branch:

                     TCHIBO GmbH

                     Bruchstr. 5c

                     D 45883 Gelsenkirchen

                     TEL.: 0209/9411212

Branch:

                     TCHIBO GmbH

                     Pickhuben 5

                     D 20457 Hamburg

 

 

PARTICIPATIONS

 

Limited partner:

                     TCHIBO Manufacturing GmbH & Co. KG

                     Überseering 18

                     D 22297 Hamburg

                     Legal form: Ltd partnership with priv. ltd.

                                 company as general partner

                     Company Status: active

                     Total cap.         EUR         18,500,000.00

                     contribution:

                     Share:             EUR         18,500,000.00

                     Reg. data:  12.01.2005

                                 Local court 20355 Hamburg

                                 HRA 101412

Limited partner:

                     Meister-Kaffee GmbH & Co. Vertriebs

                     Kommanditgesellschaft

                     Überseering 28

                     D 22297 Hamburg

                     Legal form: Ltd partnership with priv. ltd.

                                 company as general partner

                     Company Status: active

                     Total cap.         EUR            102,258.38

                     contribution:

                     Share:             EUR             76,693.78

                     Reg. data:  25.11.2003

                                 Local court 20355 Hamburg

                                 HRA 99381

Limited partner:

                     Tchibo Markenverwaltungs GmbH & Co. KG

                     Am Heisterbusch 11

                     D 19258 Gallin

                     Legal form: Ltd partnership with priv. ltd.

                                 company as general partner

                     Company Status: active

                     Total cap.         EUR            100,000.00

                     contribution:

                     Share:             EUR            100,000.00

                     Reg. data:  23.10.2007

                                 Local court 19053 Schwerin

                                 HRA 2757

Limited partner:

                     Olymp Vermögensverwaltung GmbH & Co.

                     Dienstleistungs-KG

                     Am Heisterbusch 11

                     D 19258 Gallin

                     Legal form: Ltd partnership with priv. ltd.

                                 company as general partner

                     Company Status: active

                     Total cap.         EUR            100,000.00

                     contribution:

                     Share:             EUR             94,000.00

                     Reg. data:  04.08.2003

                                 Local court 19053 Schwerin

                                 HRA 2183

Limited partner:

                     TCHIBO Mobilfunk GmbH & Co. KG

                     Überseering 18

                     D 22297 Hamburg

                     Legal form: Ltd partnership with priv. ltd.

                                 company as general partner

                     Company Status: active

                     Total cap.         EUR             25,000.00

                     contribution:

                     Share:             EUR             12,500.00

                     Reg. data:  12.12.2003

                                 Local court 20355 Hamburg

                                 HRA 99535

Shareholder:

                     TCHIBO Produktions GmbH

                     Süderstr. 293

                     D 20537 Hamburg

                     Legal form: Private limited company

                     Company Status: active

                     Share capital:     EUR          1,600,000.00

                     Share:             EUR          1,600,000.00

                     Reg. data:  04.01.2006

                                 Local court 20355 Hamburg

                                 HRB 96004

Shareholder:

                     G. C. Breiger & Company GmbH

                     Pickhuben 5

                     D 20457 Hamburg

                     Legal form: Private limited company

                     Company Status: active

                     Share capital:     EUR            925,000.00

                     Share:             EUR            925,000.00

                     Reg. data:  31.01.1988

                                 Local court 20355 Hamburg

                                 HRB 33715

Shareholder:

                     Tchibo Coffee Service GmbH

                     Überseering 18

                     D 22297 Hamburg

                     Legal form: Private limited company

                     Company Status: active

                     Share capital:     EUR            100,000.00

                     Share:             EUR            100,000.00

                     Reg. data:  14.09.1972

                                 Local court 20355 Hamburg

                                 HRB 15042

Shareholder:

                     Piacetto Gastronomie GmbH

                     Überseering 18

                     D 22297 Hamburg

                     Legal form: Private limited company

                     Company Status: dissolved

                     since:          29.03.2011

                     Share capital:     EUR             52,000.00

                     Share:             EUR             52,000.00

                     Reg. data:  02.09.1999

                                 Local court 20355 Hamburg

                                 HRB 72427

Shareholder:

                     International Coffee Partners GmbH

                     Am Sandtorpark 4

                     D 20457 Hamburg

                     Legal form: Private limited company

                     Company Status: active

                     Share capital:     EUR            150,000.00

                     Share:             EUR             25,000.00

                     Reg. data:  20.06.2001

                                 Local court 20355 Hamburg

                                 HRB 80448

Shareholder:

                     Meister-Kaffee GmbH

                     Überseering 18

                     D 22297 Hamburg

                     Legal form: Private limited company

                     Company Status: active

                     Share capital:     EUR             25,564.60

                     Share:             EUR             19,173.45

                     Reg. data:  16.07.2003

                                 Local court 20355 Hamburg

                                 HRB 87860

Shareholder:

                     TCHIBO Mobilfunk Beteiligungs-GmbH

                     Überseering 18

                     D 22297 Hamburg

                     Legal form: Private limited company

                     Company Status: active

                     Share capital:     EUR             25,000.00

                     Share:             EUR             12,500.00

                     Reg. data:  09.01.2004

                                 Local court 20355 Hamburg

                                 HRB 89386

 

 

FINANCIAL INFORMATION

 

Payment experience:  cash discount/within agreed terms

 

Negative information:      We have no negative information at hand.

 

 

REAL ESTATE

 

Type of ownership:         Tenant

Address                        Überseering 18

                                    D 22297 Hamburg

 

Real Estate of:               Dr. Markus Jochen Conrad

Type of ownership:         Tenant

Address                        Friedensallee 273

                                    D 22763 Hamburg

 

Real Estate of:               Holger Bellmann

Type of ownership:         unknown

Address                        Große Str. 139

                                    D 21075 Hamburg

 

Real Estate of:                Yves Marc Müller

Type of ownership:         unknown

Address                        St. Benedictstr. 37

                                    D 20149 Hamburg

 

Land register documents were not available.

 

 

BANKERS

 

Principal bank

COMMERZBANK, HAMBURG

Sort. code: 20040000, BIC: COBADEHHXXX

 

Further banks

DEUTSCHE BANK, HAMBURG

Sort. code: 20070000, BIC: DEUTDEHHXXX

SEB MERCHANT BANK HAMBURG, HAMBURG

Sort. code: 20020200, BIC: ESSEDEFFHAM

 

 

FINANCIAL FIGURES

 

Financial year:      01.01. - 31.12.

Turnover:            2011               EUR      3,539,000,000.00

Share capital:                          EUR         40,050,000.00

Equipment:                              EUR         93,035,000.00

Ac/ts receivable:                       EUR        238,655,000.00

Liabilities:                            EUR        372,140,000.00

Employees:                                                 12,135

 

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.54.54

UK Pound

1

Rs.87.69

Euro

1

Rs.72.85

 

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%)

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.