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Report Date : |
16.11.2013 |
IDENTIFICATION DETAILS
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Name : |
BECK PACKAUTOMATEN GMBH & CO. KG |
|
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Registered Office : |
Steinbeisstr. 9 D 72636 Frickenhausen |
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Country : |
Germany |
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Financials (as on) : |
31.12.2012 |
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Date of Incorporation : |
09.05.1960 |
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Com. Reg. No.: |
HRA 220743 |
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Legal Form : |
Ltd partnership with priv. ltd.
company as general partner |
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Line of Business : |
Manufacture of other general-purpose
machinery |
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|
No. of Employees : |
83 |
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 |
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Status : |
Satisfactory |
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|
|
|
Payment Behaviour : |
No Complaints |
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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 – 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 |
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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 |
BECK PACKAUTOMATEN GMBH & CO. KG
Company Status: active
Steinbeisstr. 9
D 72636 Frickenhausen
Telephone: 07022/40090
Telefax: 07022/49315
Homepage: www.beck-packautomaten.de
E-mail: info@beck-packautomaten.de
Business relations are permissible.
LEGAL FORM Ltd
partnership with priv. ltd. company as general partner
Date of foundation: 09.05.1960
Registered on: 21.07.1960
Register of
companies: Local
court 70190 Stuttgart
under: HRA 220743
Total cap. contribution: EUR 1,022,583.76
Limited
partner:
Beate Beck-Deharde
D 72622 Nürtingen
née: Beck
Share: EUR 715,808.63
Limited
partner:
Hans Beck
D 72622 Nürtingen
Share: EUR 306,775.13
General
partner:
Beck Packautomaten
Verwaltungs-GmbH
Steinbeisstr. 9
D 72636 Frickenhausen
Legal form:
Private limited company
Share capital: EUR 51,129.19
Registered on: 06.11.1986
Reg. data: 70190
Stuttgart, HRB 222280
Shareholder:
Beck Packautomaten GmbH & Co. KG
Steinbeisstr. 9
D 72636 Frickenhausen
Legal form: Ltd
partnership with priv. ltd.
company as general
partner
Total cap. EUR 1,022,583.76
contribution:
Share: EUR 51,129.19
Registered on: 21.07.1960
Reg. data: 70190
Stuttgart, HRA 220743
Manager:
Beate Beck-Deharde
D 72622 Nürtingen
having sole power of
representation
née: Beck
Profession: Businessman
Proxy:
Manfred Bauer
D 72622 Nürtingen
authorized to jointly
represent the company
born: 24.04.1952
Proxy:
Rolf Mayer
D 72622 Nürtingen
authorized to
jointly represent the company
born: 17.07.1958
Proxy:
Julia Alexandra Deharde
D 70173 Stuttgart
having sole power of
representation
born: 06.06.1983
Main
industrial sector
28290
Manufacture of other general-purpose machinery
Works:
Beck Packautomaten GmbH
& Co. KG
Paulusstr. 51
D 72639 Neuffen
Shareholder:
Beck Packautomaten
Verwaltungs-GmbH
Steinbeisstr. 9
D 72636 Frickenhausen
Legal form: Private limited
company
Company Status: active
Share capital: EUR 51,129.19
Share: EUR 51,129.19
Reg. data: 06.11.1986
Local court 70190 Stuttgart
HRB 222280
Payment experience: within
agreed terms
Negative information: We have no negative information at hand.
Balance sheet year: 2012
Type of ownership: Tenant
Address Steinbeisstr.
9
D 72636
Frickenhausen
Real Estate of: Beck Packautomaten Verwaltungs-GmbH
Type of ownership: Tenant
Address Steinbeisstr.
9
D 72636
Frickenhausen
Land register documents were not available.
COMMERZBANK VORMALS DRESDNER BANK, NÜRTINGEN
Sort. code: 61281007, BIC: DRESDEFF612
DEUTSCHE BANK, NÜRTINGEN
Sort. code: 61170076, BIC: DEUTDESS611
VOLKSBANK KIRCHHEIM-NÜRTINGEN, NÜRTINGEN
Sort. code: 61290120, BIC: GENODES1NUE
POSTBANK, STUTTGART
Sort. code: 60010070, BIC: PBNKDEFF600
Gross profit or loss:2012 EUR 5,000,000.00
Equipment: *EUR 664,000.00
Ac/ts receivable: EUR 486,648.00
Liabilities: EUR
2,635,492.00
Employees:
83
- thereof permanent staff: 83
The business figures marked with an asterisk
are estimates based on average values in the line of business.
Balance sheet ratios 01.01.2012 - 31.12.2012
Equity ratio [%]: 27.70
Liquidity ratio: 0.18
Balance sheet ratios 01.01.2011 - 31.12.2011
Equity ratio [%]: 26.04
Liquidity ratio: 0.30
Return on total capital [%]: 0.03
Balance sheet ratios 01.01.2010 -
31.12.2010
Equity ratio [%]: 33.84
Liquidity ratio: 0.43
Return on total capital [%]: 0.03
Balance sheet ratios 01.01.2009 - 31.12.2009
Equity ratio [%]: 45.82
Liquidity ratio: 0.65
Return on total capital [%]: 0.10
Equity ratio
The equity ratio indicates the portion of the
equity as compared
to the total capital. The higher the equity
ratio, the better the
economic stability (solvency) and thus the
financial autonomy of
a company.
Liquidity
ratio
The liquidity ratio shows the proportion
between adjusted
receivables and net liabilities. The higher
the ratio, the lower
the company's financial dependancy from
external creditors.
Return on total
capital
The return on total capital shows the
efficiency and return on
the total capital employed in the company. The
higher the return
on total capital, the more economically does
the company work
with the invested capital.
Type of balance
sheet: Company balance sheet
Financial year: 01.01.2012 - 31.12.2012
ASSETS EUR 3,592,263.95
Fixed assets
EUR 349,638.69
Intangible assets EUR 63,099.50
Tangible assets
EUR 230,410.00
Financial assets
EUR 56,129.19
Current assets
EUR 3,201,190.60
Stocks EUR 2,703,014.03
Accounts receivable
EUR 486,647.61
Liquid means
EUR 11,528.96
Remaining other assets
EUR 41,434.66
Accruals (assets)
EUR 41,434.66
LIABILITIES EUR 3,592,263.95
Shareholders' equity
EUR 807,397.31
Capital
EUR 356,268.12
Limited partner's capital / capital
of partially liable partner (LP)
EUR 356,268.12
Limited partner's capital, fixed
capital, capital account I
EUR 1,022,583.76
Variable capital / variable accountsEUR -666,315.64
Reserves
EUR 451,129.19
Capital reserves
EUR 451,129.19
Provisions
EUR 149,375.00
Liabilities EUR 2,635,491.64
Type of balance
sheet: Company balance sheet
Financial year: 01.01.2011 - 31.12.2011
ASSETS EUR 3,899,522.07
Fixed assets
EUR 340,733.19
Intangible assets
EUR 15,147.00
Other / unspecified intangible assetsEUR 15,147.00
Tangible assets
EUR 269,457.00
Other / unspecified tangible assets
EUR 269,457.00
Financial assets
EUR 56,129.19
Other / unspecified financial assets EUR 56,129.19
Current assets
EUR 3,485,426.98
Stocks EUR 2,671,419.34
Other / unspecified stocks
EUR 2,671,419.34
Accounts receivable
EUR 800,567.37
Other debtors and assets
EUR 800,567.37
Liquid means
EUR 13,440.27
Remaining other assets
EUR 73,361.90
Accruals (assets)
EUR 73,361.90
LIABILITIES EUR 3,899,522.07
Shareholders' equity
EUR 790,980.98
Capital
EUR 639,851.79
Limited partner's capital / capital
of partially liable partner (LP)
EUR 639,851.79
Limited partner's capital, fixed
capital, capital account I
EUR 1,022,583.76
Other capital of the partially
limited partner
EUR -382,731.97
Reserves
EUR 151,129.19
Capital reserves
EUR 151,129.19
Provisions
EUR 237,500.00
Other / unspecified provisions
EUR 237,500.00
Liabilities
EUR 2,871,041.09
Other liabilities
EUR 2,871,041.09
Unspecified other liabilities
EUR 2,871,041.09
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.63.06 |
|
|
1 |
Rs.101.15 |
|
Euro |
1 |
Rs.84.95 |
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 |
|
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NB |
New Business |
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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.