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Report Date : |
05.06.2013 |
IDENTIFICATION DETAILS
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Name : |
UHLMANN VISIOTEC GMBH |
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Registered Office : |
Uhlmannstr. 14-18 D 88471 Laupheim |
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Country : |
Germany |
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Date of Incorporation : |
10.12.1999 |
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Com. Reg. No.: |
HRB 641442 |
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Legal Form : |
Private limited company |
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Line of Business : |
Manufacture of pharmaceutical
preparations |
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No. of Employees : |
984 |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Small Company |
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Payment Behaviour : |
No Complaints |
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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 – March, 31st, 2013
|
Country Name |
Previous Rating (31.12.2012) |
Current Rating (31.03.2013) |
|
Germany |
A1 |
A1 |
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Risk Category |
ECGC Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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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 |
UHLMANN VISIOTEC GMBH
Company Status: active
Uhlmannstr.
14-18
D 88471 Laupheim
Telephone:07392/7028712
Telefax:
07392/7028539
Homepage: www.uhlmann-visiotec.de
E-mail:
visiotec@uhlmann.de
VAT no.: DE812867422
Business relations are permissible.
LEGAL FORM Private
limited company
Date of foundation: 1999
Shareholders'
agreement: 10.12.1999
Registered on: 09.02.2000
Commercial Register: Local court 89073 Ulm
under: HRB
641442
Share capital: EUR 25,000.00
Shareholder:
Uhlmann Pac-Systeme GmbH
& Co. KG
Uhlmannstr. 14-18
D 88471 Laupheim
Post Box:
15 61, D 88465 Laupheim
Legal form: Ltd
partnership with priv. ltd.
company as general
partner
Total cap. EUR 4,000,000.00
contribution:
Share: EUR 25,000.00
Registered on: 13.02.1968
Reg. data: 89073 Ulm, HRA
640435
Company lease
agreement
Manager:
Richard Mertens
D 88471 Laupheim
born: 01.01.1956
Member of the Supervisory Board:
Dr. Volker Rösch
Elsenborner Weg 37
D 45481 Mülheim
born: 15.04.1929
Profession: Engineer
Marital status: married
Member of the Supervisory Board:
Eckhart Prandner
Hintere Fischergasse 21
D 88131 Lindau
Profession: graduate
engineer
Member of the Supervisory Board:
Hedwig Uhlmann
Robert-Koch-Weg 1
D 88471
Laupheim
born: 01.11.1935
née: Fischer
Marital status: widowed
Member of the Supervisory Board:
Karl-Magnus Graf Leutrum
von Ertingen
Claus-Graf-Stauffenberg-Str.
11
D 88471 Laupheim
Marital status: married
Proxy:
Alfred Wirth
Dorfstr. 11
D 88410 Bad Wurzach
authorized to jointly
represent the company
born: 09.04.1962
Marital status: married
Proxy:
Klaus Braig
D 88471 Laupheim
authorized to
jointly represent the company
born: 19.08.1970
Further functions/participations of Richard
Mertens (Manager)
Manager:
visiotec GmbH
Uhlmannstr. 14-18
D 88471 Laupheim
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 11.03.2013
Reg. data:
89073 Ulm, HRB 729018
Main
industrial sector
2120
Manufacture of pharmaceutical preparations
46461
Wholesale of pharmaceutical goods
Payment experience: within
agreed terms
Negative information: We have no negative information at hand.
Type of ownership: Tenant
Address Uhlmannstr.
14-18
D 88471 Laupheim
Land register documents were not available.
VOLKSBANK LAUPHEIM, LAUPHEIM
Sort. code: 65491320, BIC: GENODES1VBL
Financial year: 01.04. - 31.03.
Share capital: EUR
25,000.00
The number of employees is not known.
Company lease agreement to:
Uhlmann Pac-Systeme
GmbH & Co. KG
Uhlmannstr. 14-18
D 88471 Laupheim
Post Box:
15 61, D 88465 Laupheim
This company is included in the consolidated
financial statement of the parent
company Uhlmann Pac-Systeme Verwaltungsgesellschaft mbH.
Basic data of the concern 01.04.2011 - 31.03.2012
Sales/Crude results: 191.612.864,68 EUR
Staff: 984
Profit: 16.767.980,72
EUR
Receivables: 137.480.496,88
EUR
Liabilities: 74.239.065,94
EUR
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.56.64 |
|
|
1 |
Rs.86.68 |
|
Euro |
1 |
Rs.73.97 |
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 |
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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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
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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.