|
Report Date : |
13.06.2013 |
IDENTIFICATION DETAILS
|
Name : |
JAN
EGGERT MUELLER |
|
|
|
|
Registered Office : |
Benrader
Str. 50 D 47918 Tönisvorst |
|
|
|
|
Country : |
Germany |
|
|
|
|
Date of Incorporation : |
12.04.2011 |
|
|
|
|
Legal Form : |
Unregistered
commercial enterprise |
|
|
|
|
Line of Business : |
Wholesale
of other intermediate goods |
|
|
|
|
No. of Employees : |
2 |
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 |
|
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 – March 31st, 2013
|
Country Name |
Previous Rating (31.12.2012) |
Current Rating (31.03.2013) |
|
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 6.5% 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
Jan Eggert Mueller
Company Status: active
Benrader
Str. 50
D
47918 Tönisvorst
Telephone:02151/78888-28
Telefax: 02151/78888-10
Homepage: www.mcs-safety.de
E-mail: info@mcs-safety.de
Trade name: MCS Safety
Business relations are permissible.
LEGAL FORM Unregistered
commercial enterprise
Date of foundation: 12.04.2011
Jan
Eggert Müller
Hoteser Weg 26
D
47918 Tönisvorst
born:
03.05.1971
Profession: Businessman
FURTHER FUNCTIONS/PARTICIPATIONS OF JAN EGGERT
MÜLLER (PROPRIETOR)
Shareholder:
Arbeitsschutz Rave GmbH
Benrader Str. 50
D
47918 Tönisvorst
Legal
form: Private limited company
Share
capital: EUR 25,000.00
Share: EUR 17,500.00
Registered
on: 13.06.2002
Reg.
data: 47798 Krefeld, HRB 9829
Manager:
Arbeitsschutz Rave GmbH
Benrader Str. 50
D
47918 Tönisvorst
Legal
form: Private limited company
Share
capital: EUR 25,000.00
Registered
on: 13.06.2002
Reg.
data: 47798 Krefeld, HRB 9829
Main industrial sector
4676 Wholesale of other intermediate goods
4719 Other retail sale in
non-specialized stores
47919 Other retail sale via
mail-order houses or Internet
Payment experience: within periods customary in this trade
Negative information:We
have no negative information at hand.
Type of ownership: Tenant
Address Benrader Str. 50
D
47918 Tönisvorst
Real Estate of: Jan Eggert Müller
Type of ownership: unknown
Address Hoteser Weg 26
D
47918 Tönisvorst
Land register documents
were not available.
SPARKASSE KREFELD, KREFELD
Sort. code: 32050000, BIC:
SPKRDE33XXX
Financial year: 01.01. - 31.12.
Turnover: 2012 EUR 250,000.00
Equipment: EUR 12,000.00
Ac/ts receivable: EUR 18,000.00
Liabilities: EUR 25,000.00
Total numbers of vehicles: 1
Employees: 2
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.58.27 |
|
|
1 |
Rs.91.16 |
|
Euro |
1 |
Rs.77.50 |
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.