|
Report Date : |
20.11.2013 |
IDENTIFICATION DETAILS
|
Name : |
OCP GMBH |
|
|
|
|
Registered Office : |
Feldstr. 4 D 44867 Bochum |
|
|
|
|
Country : |
Germany |
|
|
|
|
Financials (as on) : |
31.12.2011 |
|
|
|
|
Date of Incorporation : |
05.07.2011 |
|
|
|
|
Legal Form : |
Private
limited company |
|
|
|
|
Line of Business : |
·
Manufacture
of chemical products ·
Wholesale
of computers, computer peripheral equipment and software |
|
|
|
|
No. of Employees : |
70 |
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
OCP GMBH
Company Status: active
Feldstr. 4
D 44867 Bochum
Telephone:02327/6020100
Telefax: 02327/6020133
Homepage: www.ocp-online.de
E-mail: sales@ocp.de
VAT no.: DE811765161
Business relations are permissible.
LEGAL FORM Private limited company
Date of foundation: 12.08.1994
Begin of business
activities: 1994
Shareholders'
agreement: 12.08.1994
Registered on: 05.07.2011
Commercial Register: Local court 44787 Bochum
under: HRB 13453
Share capital: EUR 451,004.00
Shareholder:
Dr. Siegfried Koch
Heidkampsee 9
D 30659 Hannover
born: 16.01.1943
Share: EUR 168,876.00
Shareholder:
IKB Equity Capital Fund
GmbH
Wilhelm-Bötzkes-Str. 1
D 40474 Düsseldorf
Legal form: Private
limited company
Share capital: EUR 1,000,000.00
Share: EUR
113,252.00
Registered on: 07.12.2009
Reg. data: 40227
Düsseldorf, HRB 62352
Shareholder:
Horst-Gerhard Edelmeier
Am Mühlenbach 64
D 45147 Essen
born: 19.09.1943
Share: EUR 90,101.00
Shareholder:
Rita Edelmeier
D 45149 Essen
born: 13.10.1952
née: Gäbel
Share: EUR 56,225.00
Shareholder:
Werner Rüegger
USA 37179 USa
born: 03.01.1960
Share: EUR 22,550.00
Manager:
Dr. Siegfried Koch
Heidkampsee 9
D 30659 Hannover
having sole power of
representation
born: 16.01.1943
Profession: Chemist
Marital status: married
Manager:
Horst-Gerhard Edelmeier
Am Mühlenbach 64
D 45147 Essen
having sole power of
representation
born: 19.09.1943
Profession: Industrial
manager
Marital status: married
Proxy:
Rita Edelmeier
D 45149 Essen
having sole power of representation
born: 13.10.1952
née: Gäbel
Profession: Businessman
Marital status: married
Proxy:
Carsten Edelmeier
Steile Str. 30
D 45149 Essen
having sole power of
representation
born: 03.12.1976
Proxy:
André Böhm
D 45127 Essen
having sole power of
representation
born: 09.03.1974
Proxy:
Simon Geiger
D 45127 Essen
having sole power of
representation
born: 23.09.1983
Further functions/participations of Dr.
Siegfried Koch (Manager)
Shareholder:
Cartridge World
Deutschland GmbH
Feldstr. 4
D 44867 Bochum
Legal form: Private
limited company
Share capital: EUR 150,000.00
Share: EUR 75,000.00
Registered
on: 03.06.2011
Reg. data: 44787 Bochum, HRB 13410
Further functions/participations of
Horst-Gerhard Edelmeier
(Manager)
Shareholder:
Cartridge World
Deutschland GmbH
Feldstr. 4
D 44867 Bochum
Legal form: Private limited company
Share capital: EUR 150,000.00
Share: EUR 75,000.00
Registered
on: 03.06.2011
Reg. data: 44787 Bochum, HRB 13410
Shareholder:
QC (Quality Colours) GmbH
Feldstr. 4
D 44867 Bochum
Legal form: Private
limited company
Share capital: EUR 100,000.00
Share: EUR 50,000.00
Registered
on: 27.06.2011
Reg. data: 44787 Bochum, HRB 13438
Shareholder:
TUSEM HSB GmbH
Steile Str. 50
D 45149 Essen
Legal form: Private
limited company
Share capital: EUR 25,000.00
Share: EUR 9,250.00
Registered
on: 28.07.2005
Reg. data: 45130 Essen, HRB 18654
Manager:
QC (Quality Colours) GmbH
Feldstr. 4
D 44867 Bochum
Legal form: Private
limited company
Share capital: EUR 100,000.00
Registered
on: 27.06.2011
Reg. data: 44787 Bochum, HRB 13438
1994 - 1999 O C P GmbH Office Chemie
Produktion
Waddenhauser Str. 12-20
D 32791 Lage
Private
limited company
2000 -
04.03.2011 OCP GmbH Office Chemie
Produktion
Eickener Str. 71
D 45525 Hattingen
Private limited company
05.03.2011 - 05.07.2011 OCP GmbH
Eickener Str. 71
D 45525 Hattingen
Private limited company
Main industrial sector
2059
Manufacture of other chemical products n.e.c.
3299 Other manufacturing n.e.c.
4651 Wholesale of computers, computer peripheral
equipment and software
4666 Wholesale of other office machinery and
equipment
Branch:
OCP GmbH
Waddenhauser Str. 12-20
D 32791 Lage
TEL.: 05232/9576-0
Payment experience: within agreed terms
Negative information:We have no negative
information at hand.
BALANCE SHEET YEAR: 2011
Type of ownership: Tenant
Address Feldstr.
4
D 44867 Bochum
Land register documents were not available.
A bank connection is unknown.
Profit: 2011 EUR -157,482.00
Ac/ts receivable: EUR
3,736,745.00
Liabilities: EUR 3,209,726.00
Total numbers of vehicles: 7
- Lorries:
2
- Passenger cars: 5
Employees:
70
- Trainees: 6
- Temporary workers: 10
Balance sheet ratios 01.01.2011 - 31.12.2011
Equity ratio [%]: 49.83
Liquidity ratio: 1.17
Return on total capital [%]: -2.41
Balance sheet ratios 01.01.2010 - 31.12.2010
Equity ratio [%]: 50.67
Liquidity ratio: 1.38
Return on total capital [%]: 5.44
Balance sheet ratios 01.01.2009 - 31.12.2009
Equity ratio [%]: 51.37
Liquidity ratio: 1.62
Return on total capital [%]: 4.22
Balance sheet ratios 01.01.2008 - 31.12.2008
Equity ratio [%]: 49.33
Liquidity ratio: 1.80
Return on total capital [%]: -23.16
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: 01.01.2011
- 31.12.2011
ASSETS EUR 6,567,339.06
Fixed assets EUR 947,186.31
Intangible assets EUR 68,952.00
Other / unspecified intangible assets EUR
68,952.00
Tangible assets EUR
561,111.00
Other / unspecified tangible assets EUR 561,111.00
Financial assets EUR 317,123.31
Other / unspecified financial assets EUR
317,123.31
Current assets EUR 5,533,806.34
Stocks EUR 1,792,586.10
Accounts receivable EUR 3,736,744.89
Other debtors and assets
EUR 3,736,744.89
Liquid means EUR 4,475.35
Remaining other assets EUR
86,346.41
Accruals (assets) EUR
86,346.41
LIABILITIES EUR
6,567,339.06
Shareholders' equity EUR
3,289,559.76
Capital EUR 450,000.00
Subscribed capital (share capital) EUR 450,000.00
Balance sheet profit/loss (+/-) EUR
2,839,559.76
Profit / loss brought forward EUR 2,997,042.01
Annual surplus / annual deficit EUR -157,482.25
Provisions EUR 68,053.00
Liabilities EUR 3,209,726.30
Other liabilities EUR
3,209,726.30
Unspecified other liabilities EUR 3,209,726.30
Type of balance
sheet: Company balance sheet
Financial year: 01.01.2010
- 31.12.2010
ASSETS EUR 6,758,062.83
Fixed assets EUR
670,437.31
Intangible assets EUR
92,038.00
Other / unspecified intangible assets EUR
92,038.00
Tangible assets EUR
461,276.00
Other / unspecified tangible assets EUR 461,276.00
Financial assets EUR
117,123.31
Other / unspecified financial assets EUR
117,123.31
Current assets EUR 5,898,041.67
Stocks EUR 1,538,985.32
Accounts receivable EUR
4,233,524.50
Other debtors and assets EUR 4,233,524.50
Liquid means EUR
125,531.85
Remaining other assets EUR
189,583.85
Accruals (assets) EUR
189,583.85
LIABILITIES EUR 6,758,062.83
Shareholders' equity l EUR
3,447,042.01
Capital EUR
450,000.00
Subscribed capital (share capital) EUR
450,000.00
Balance sheet profit/loss (+/-) EUR 2,997,042.01
Profit / loss brought forward EUR 2,631,706.30
Annual surplus / annual deficit EUR 365,335.71
Provisions EUR 112,801.00
Liabilities EUR 3,198,219.82
Other liabilities EUR 3,198,219.82
Unspecified other liabilities EUR 3,198,219.82
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.23 |
|
|
1 |
Rs.100.18 |
|
Euro |
1 |
Rs.84.06 |
INFORMATION DETAILS
|
Report
Prepared by : |
NIS |
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.