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Report Date : |
01.10.2013 |
IDENTIFICATION DETAILS
|
Name : |
TOM TAILOR GMBH |
|
|
|
|
Registered Office : |
Garstedter Weg 14, D 22453 Hamburg |
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|
|
|
Country : |
Germany |
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Date of Incorporation : |
1962 |
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|
|
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Com. Reg. No.: |
HRB 94278 |
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|
|
|
Legal Form : |
Private limited company |
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|
|
|
Line of Business : |
Wholesale of textiles |
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|
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No. of Employees : |
384 |
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 |
|
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 |
|
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 |
TOM TAILOR GMBH
Company Status: active
Garstedter Weg 14
D 22453 Hamburg
Telephone: 040/589560
Telefax: 040/58956199
Homepage: www.tom-tailor.com
E-mail: info@tom-tailor.com
VAT no.: DE252291581
LEGAL FORM Private limited company
Date of foundation: 1962
Registered on: 19.07.2005
Commercial Register: Local court 20355 Hamburg
under: HRB
94278
Share capital: EUR 2,525,000.00
Shareholder:
TOM TAILOR Holding AG
Garstedter Weg 14
D 22453 Hamburg
Legal form: Public limited
company
Share capital: EUR
24,209,035.00
Share: EUR 2,525,000.00
Registered on: 21.12.2007
Reg. data: 20355 Hamburg,
HRB 103641
Control and profit
transfer agreement
Manager:
Dieter Holzer
Roßbachstr. 2
D 88212 Ravensburg
having sole power of
representation
born: 11.05.1964
Profession: Businessman
Marital status: unknown
Proxy:
Jens Bächle
D 20095 Hamburg
authorized to jointly
represent the company
born: 12.02.1975
Profession: Businessman
Marital status: single
Proxy:
Udo Greiser
D 78462 Konstanz
authorized to jointly
represent the company
born: 13.07.1957
Marital status: single
Proxy:
Dr. Axel Rebien
D 25451 Quickborn
authorized to jointly
represent the company
born: 17.07.1971
Profession: Businessman
Marital status: unknown
Proxy:
Ole Puck
D 21379 Rullstorf
authorized to jointly
represent the company
born: 10.07.1974
Proxy:
Iris Donecker
Rothenbaumchaussee 154
D 20149 Hamburg
authorized to jointly
represent the company
born: 30.07.1966
Proxy:
Dr. Marc Schumacher
D 22453 Hamburg
authorized to jointly
represent the company
born: 22.12.1977
Profession: Businessman
Proxy:
Marc Gorbauch
D 22453 Hamburg
authorized to jointly
represent the company
born: 20.08.1965
Proxy:
Nina Pothmann
D 22453 Hamburg
authorized to jointly
represent the company
born: 22.06.1981
Proxy:
Volker Rös
D 86444 Affing
authorized to jointly
represent the company
born: 06.11.1967
Further
functions/participations of Dieter Holzer (Manager)
Manager:
BONITA Deutschland Holding
Verwaltungs-GmbH
Kesseldorfer Rott 39
D 46499 Hamminkeln
Legal form: Private
limited company
Share capital: EUR
25,564.59
Registered
on: 20.05.1999
Reg. data: 47051 Duisburg, HRB 11334
Manager:
BONITA Deutschland Holding
GmbH
Kesseldorfer Rott 39
D 46499 Hamminkeln
Legal form: Private
limited company
Share capital: EUR 3,000,000.00
Registered
on: 27.12.2005
Reg. data:
47051 Duisburg, HRB 18191
Manager:
TOM TAILOR
Verwaltungs-GmbH
Garstedter Weg 14
D 22453 Hamburg
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 09.02.2012
Reg. data: 20355 Hamburg, HRB 121822
Shareholder:
TOM TAILOR Holding AG
Garstedter Weg 14
D 22453 Hamburg
Legal form: Public limited
company
Share capital: EUR
24,209,035.00
Share: 1.280 %
Registered
on: 21.12.2007
Reg. data: 20355 Hamburg, HRB 103641
President
of the Board of Directors:
TOM TAILOR Holding AG
Garstedter Weg 14
D 22453 Hamburg
Legal form: Public
limited company
Share capital: EUR
24,209,035.00
Registered
on: 21.12.2007
Reg. data: 20355 Hamburg, HRB 103641
30.09.1986 - 18.04.1989 Henke + Co. GmbH
D 20095 Hamburg
Private limited
company
18.04.1989 - 09.11.1990 TOM TAILOR Sportswear
Handelsgesellschaft
mbH
Schnackenburgallee 156
D 22525 Hamburg
Private limited
company
09.11.1990 - 19.01.2000 TOM TAILOR Sportswear
Handelsgesellschaft
mbH
Garstedter Weg 14
D 22453 Hamburg
Private limited
company
19.01.2000 - 18.07.2005 TOM TAILOR AG
Garstedter Weg 14
D 22453 Hamburg
Public limited company
Sectors
4641
Wholesale of textiles
46421
Wholesale of clothing
4771
Retail sale of clothing
Branch:
Tom Tailor GmbH
Fleischstr. 62-65 EKZ
Trier
Galerie
D 54290 Trier
Shareholder:
Tom Tailor Retail GmbH
Garstedter Weg 14
D 22453 Hamburg
Legal form: Private limited
company
Company Status: active
Share capital: EUR 52,000.00
Share: EUR 52,000.00
Reg. data: 04.11.1993
Local court 20355 Hamburg
HRB 54164
Payment experience: within
agreed terms
Negative information: We have no negative information at hand.
Type of ownership: Tenant
Address Garstedter
Weg 14
D 22453 Hamburg
Real Estate of: Dieter
Holzer
Type of ownership: Tenant
Address Roßbachstr.
2
D 88212 Ravensburg
Land register documents were not available.
DEUTSCHE BANK, HAMBURG
Sort. code: 20070000, BIC: DEUTDEHHXXX
COMMERZBANK VORMALS DRESDNER BANK, HAMBURG
Sort. code: 20080000, BIC: DRESDEFF200
Financial year: 01.01.
- 31.12.
Turnover: 2011 EUR 300,000,000.00
2012
EUR 300,000,000.00
further business figures:
Share capital: EUR
2,525,000.00
Equipment: *EUR 2,944,000.00
Ac/ts receivable: *EUR
11,520,000.00
Liabilities: *EUR 19,456,000.00
Employees:
384
Control and profit transfer agreement to:
TOM TAILOR Holding AG
Garstedter Weg 14
D 22453 Hamburg
The business figures marked with an asterisk
are estimates based on average values in
the line of business.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.78 |
|
|
1 |
Rs.101.42 |
|
Euro |
1 |
Rs.84.67 |
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 |
|
---- |
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.