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Report Date : |
29.05.2013 |
IDENTIFICATION DETAILS
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Name : |
BDSK HANDELS GMBH & CO. KG |
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Registered Office : |
Mergentheimer Str. 59 D 97084 Würzburg |
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Country : |
Germany |
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Date of Incorporation : |
17.10.2011 |
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Com. Reg. No.: |
HRA 6804 |
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Legal Form : |
Ltd
partnership with priv. ltd. company as general partner |
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Line of Business : |
Retail
sale of computers, peripheral units and software |
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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 |
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Status : |
Moderate |
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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 |
|
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
BDSK Handels GmbH & Co. KG
Company Status: active
Mergentheimer Str. 59
D 97084 Würzburg
Telephone:0931/61060
Telefax: 0931/6106165933
Homepage:
www.xxxlmoebelhaeuser.de
E-mail: info@xxxlmoebelhaeuser.de
DE279448078
257/117/01926
Business relations are permissible.
LEGAL FORM Ltd
partnership with priv. ltd. company as
general partner
Date of foundation: 17.10.2011
Registered on: 17.10.2011
Register of
companies: Local
court 97070 Würzburg
under: HRA
6804
EUR 1,000.00
Mann Mobilia Beteiligungs
GmbH
Mergentheimer Str. 59
D 97084 Würzburg
Legal form: Private
limited company
Share capital: EUR 340,500.00
Share: EUR 1,000.00
Registered on: 09.05.2007
Reg. data: 97070
Würzburg, HRB 9458
General partner:
BDSK Verwaltungs GmbH
Mergentheimer Str. 59
D 97084 Würzburg
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered on: 07.10.2004
Reg. data: 97070 Würzburg, HRB 8556
Shareholder:
Mann Mobilia Beteiligungs
GmbH
Mergentheimer Str. 59
D 97084 Würzburg
Legal form: Private
limited company
Share capital: EUR 340,500.00
Share: EUR 25,000.00
Registered on: 09.05.2007
Reg. data: 97070
Würzburg, HRB 9458
Manager:
Dr. Richard Seifert
A Wels
authorized to jointly
represent the company
born: 08.12.1949
Nationality: Austrian
Manager:
Konrad Nill
D 86150 Augsburg
having sole power of
representation
born: 12.07.1971
Manager:
Walter Schlotz
D 97070 Würzburg
authorized to jointly
represent the company
born: 17.05.1941
Sectors
4741
Retail sale of computers, peripheral units and software
4751
Retail sale of textiles
4759
Retail sale of furniture, lighting equipment and other
household articles
5210
Warehousing
Branch:
BDSK Handels GmbH &
Co. KG
Spreewaldallee 38-40
D 68309 Mannheim
TEL.: 0621/7161-505211
FAX.: 0621/7161-505223
Branch:
BDSK Handels GmbH &
Co. KG
Wendenmühle 5
D 38110 Braunschweig
TEL.: 05307/208-0
Branch:
BDSK Handels GmbH &
Co. KG
Industriestr. 5
D 96114 Hirschaid
TEL.: 09543/828-0
FAX.: 09543/371-0
Branch:
BDSK Handels GmbH &
Co. KG
Theresienhöhe 5
D 80339 München
TEL.: 089/5105-0
FAX.: 089/5105-177213
Payment experience: within periods customary in this trade
Negative information:Negative information is
known to us.
Type of ownership: Tenant
Address Mergentheimer Str. 59
D 97084 Würzburg
Real Estate of: BDSK Verwaltungs GmbH
Type of ownership: Tenant
Address Mergentheimer Str. 59
D 97084 Würzburg
Land register documents were not available.
COMMERZBANK, HAMBURG
Sort. code: 20040000, BIC: COBADEHHXXX
Financial year: 01.01. - 31.12.
The number of employees is not known.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.74 |
|
|
1 |
Rs.84.17 |
|
Euro |
1 |
Rs.72.02 |
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.