|
Report Date : |
01.10.2013 |
IDENTIFICATION DETAILS
|
Name : |
ZLABELS GMBH |
|
|
|
|
Registered Office : |
Neue Bahnhofstr. 11-17 D 10245 Berlin |
|
|
|
|
Country : |
Germany |
|
|
|
|
Financials (as on) : |
31.12.2011 |
|
|
|
|
Date of Incorporation : |
06.01.2010 |
|
|
|
|
Legal Form : |
Private limited company |
|
|
|
|
Line of Business : |
Manufacture of other wearing apparel and accessories |
|
|
|
|
No. of Employees : |
250 |
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 : |
Slow but correct |
|
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
ZLABELS GMBH
Company Status: active
Neue Bahnhofstr. 11-17
D 10245 Berlin
Telephone:030/200088520
Telefax: 030/40500736
Homepage: www.zlabels.de
E-mail: info@zlabels.de
VAT no.: DE270699778
Tax ID number: 37/125/21776
LEGAL FORM Private limited company
Date of foundation: 16.11.2009
Shareholders'
agreement: 16.11.2009
Registered on: 06.01.2010
Commercial Register: Local court 14057 Berlin
under: HRB 123975 B
Share capital: EUR 25,000.00
Shareholder:
Zalando GmbH
Sonnenburger Str. 73
D 10437 Berlin
Legal form: Private limited company
Share capital: EUR 111,173.00
Share: EUR 25,000.00
Registered on: 12.03.2008
Reg. data: 14057 Berlin, HRB 112394 B
Manager:
David Schneider
Fürstenberger Str. 12
D 10435 Berlin
having sole power of representation
born: 29.07.1982
Profession: Businessman
Marital status: unknown
Manager:
Robert Gentz
Leipziger Str. 103
D 10117 Berlin
having sole power of representation
born: 24.09.1983
Profession: Businessman
Marital status: unknown
Manager:
Claudia Roggenkamp
Auguststr. 19
D 10117 Berlin
having sole power of representation
born: 22.01.1971
Profession: Businessman
Marital status: unknown
Negative remark(s) regarding
Claudia Roggenkamp
Debt collection monitoring:
Amount last entry:
1 23.09.2010 EUR 241.33
Proxy:
Rubin Ritter
D 10115 Berlin
having sole power of representation
born: 25.01.1982
Profession: Businessman
Marital status: unknown
Further functions/participations of David Schneider (Manager)
Shareholder:
La Plata GmbH
Schwalbenweg 7
D 12529 Schönefeld
Legal form: Private limited company
Share capital: EUR 26,000.00
Share: EUR 25,000.00
Registered on: 29.01.2013
Reg. data: 03044 Cottbus, HRB 10922 CB
Manager:
Zalando GmbH
Sonnenburger Str. 73
D 10437 Berlin
Legal form: Private limited company
Share capital: EUR 111,173.00
Registered on: 12.03.2008
Reg. data: 14057 Berlin, HRB 112394 B
Manager:
Kiomi GmbH
Sonnenburger Str. 73
D 10437 Berlin
Legal form: Private limited company
Share capital: EUR 25,000.00
Registered
on: 17.12.2012
Reg. data: 14057 Berlin, HRB 146657 B
Manager:
La Plata Limited
Fürstenberger Str. 12
D 10435 Berlin
Legal form: Branch of a private limited
company under foreign law
Share capital: GBP 100.00
Registered
on: 26.09.2011
Reg. data: 14057 Berlin, HRB 136893 B
Manager:
La Plata GmbH
Schwalbenweg 7
D 12529 Schönefeld
Legal form: Private limited company
Share capital: EUR 26,000.00
Registered
on: 29.01.2013
Reg. data: 03044 Cottbus, HRB 10922 CB
iquidator:
MyBrands GmbH
Sonnenburger Str. 73
D 10437 Berlin
Legal form: Private limited company in
liquidation
Share capital: EUR 46,400.00
Registered
on: 13.01.2009
Reg. data: 14057 Berlin, HRB 117226 B
Liquidator:
Unibicate GmbH
Monbijouplatz 3a
D 10178 Berlin
Legal form: Private limited company
dissolved by official decree
Share capital: EUR 42,000.00
Registered
on: 07.08.2007
Reg. data: 14057 Berlin, HRB 108806 B
Further functions/participations of Robert Gentz (Manager)
Limited partner:
Manoa Real Estate GmbH & Co. KG
Auguststr. 62
D 10117 Berlin
Legal form: Ltd partnership with priv. ltd.
company as general partner
Total cap. EUR 1,000.00
contribution:
Share: EUR 1,000.00
Registered
on: 01.07.2013
Reg. data: 14057 Berlin, HRA 48344 B
Shareholder:
Celeus GmbH
Schwalbenweg 7 c/o Haus 1
D 12529 Schönefeld
Legal form: Private limited company
Share capital: EUR 26,000.00
Share: EUR 25,000.00
Registered
on: 29.01.2013
Reg. data: 03044 Cottbus, HRB 10921 CB
Shareholder:
GeRo Fashion Commerce UG
(haftungsbeschränkt)
Sonnenburger Str. 73 c/o
Zalando GmbH
D 10437 Berlin
Legal form: Entrepreneur Company (limited
liability)
Share capital: EUR 1.00
Share: EUR 1.00
Registered
on: 19.10.2010
Reg. data: 14057 Berlin, HRB 129735 B
Manager:
Manoa Real Estate Verwaltungs GmbH
Auguststr. 62
D 10117 Berlin
Legal form: Private limited company
Share capital: EUR 25,000.00
Registered
on: 29.05.2013
Reg. data: 14057 Berlin, HRB 150183 B
Manager:
Zalando GmbH
Sonnenburger Str. 73
D 10437 Berlin
Legal form: Private limited company
Share capital: EUR 111,173.00
Registered on: 12.03.2008
Reg. data: 14057 Berlin, HRB 112394 B
Manager:
Bambino 49. V V UG (haftungsbeschränkt)
Johannisstr. 20
D 10117 Berlin
Legal form: Entrepreneur Company (limited
liability)
Share capital: EUR 500.00
Registered
on: 17.05.2010
Reg. data: 14057 Berlin, HRB 126721 B
Manager:
Celeus Limited
Auguststr. 62
D 10117 Berlin
Legal form: Branch of a private limited
company under foreign law
Share capital: GBP 100.00
Registered on: 06.10.2011
Reg. data: 14057 Berlin, HRB 137080 B
Manager:
Celeus GmbH
Schwalbenweg 7 c/o Haus 1
D 12529 Schönefeld
Legal form: Private limited company
Share capital: EUR 26,000.00
Registered
on: 29.01.2013
Reg. data: 03044 Cottbus, HRB 10921 CB
Manager:
GeRo Fashion Commerce UG
(haftungsbeschränkt)
Sonnenburger Str. 73 c/o
Zalando GmbH
D 10437 Berlin
Legal form: Entrepreneur Company (limited
liability)
Share capital: EUR 1.00
Registered
on: 19.10.2010
Reg. data: 14057 Berlin, HRB 129735 B
Liquidator:
MyBrands GmbH
Sonnenburger Str. 73
D 10437 Berlin
Legal form: Private limited company in
liquidation
Share capital: EUR 46,400.00
Registered
on: 13.01.2009
Reg. data: 14057 Berlin, HRB 117226 B
Liquidator:
Unibicate GmbH
Monbijouplatz 3a
D 10178 Berlin
Legal form: Private limited company
dissolved by official decree
Share capital: EUR 42,000.00
Registered
on: 07.08.2007
Reg. data: 14057 Berlin, HRB 108806 B
06.01.2010 - 09.03.2011 Zign GmbH
Zinnowitzer Str. 1
D 10115 Berlin
Private limited company
09.03.2011 - 14.05.2012 zLabels GmbH
Kopenhagener Str. 57
D 10437 Berlin
Private limited company
14.05.2012 - 20.09.2012 zLabels GmbH
Johannisstr. 20
D 10117 Berlin
Private limited company
20.09.2012 - 26.04.2013 zLabels GmbH
Unter den Linden 21
D 10117 Berlin
Private limited company
Main industrial sector
1419 Manufacture of other wearing apparel and accessories
n.e.c.
4641 Wholesale of textiles
46422 Wholesale of footwear
4771 Retail sale of clothing
Branch:
zLabels GmbH
Johannisstr. 20-21
D 10117 Berlin
TEL.: 030/200088520
Payment experience: within periods customary in this trade
Negative information:Negative information is known to us. We
refer you to the legal form data.
Balance sheet year: 2011
Type of ownership: Tenant
Address Neue Bahnhofstr. 11-17
D 10245 Berlin
Real Estate of: David Schneider
Type of ownership: unknown
Address Fürstenberger Str. 12
D 10435 Berlin
Real Estate of: Robert Gentz
Type of ownership: unknown
Address Leipziger Str. 103
D 10117 Berlin
Land register documents were not available.
A bank connection is unknown.
Turnover: 2012 *EUR 37,812,500.00
Profit: 2011 EUR -1,339,694.00
further business figures:
Equipment: *EUR 1,937,500.00
Ac/ts receivable: EUR 1,806,734.00
Liabilities: EUR 3,173,149.00
Employees: 250
The business figures marked with an asterisk are estimates based
on average values in the line of business.
Balance sheet ratios 01.01.2011 - 31.12.2011
Equity ratio [%]: -991.65
Liquidity ratio: 0.02
Return on total capital [%]: -1,011.
44
Balance sheet ratios
01.01.2010 - 31.12.2010
Equity ratio [%]: 90.69
Liquidity ratio: 10.00
Return on total capital [%]: -1,245.
57
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 3,395,932.43
Fixed assets EUR 7,214.00
Intangible assets EUR 428.00
Other / unspecified intangible assets EUR 428.00
Tangible assets EUR 6,786.00
Other / unspecified tangible assets EUR 6,786.00
Current assets EUR 1,897,030.21
Stocks EUR 1,912.61
Accounts receivable EUR 1,806,733.50
Other debtors and assets EUR 1,806,733.50
Liquid means EUR 88,384.10
Remaining other assets EUR 1,491,688.22
Accruals (assets) EUR 9,423.96
Deficit not covered by shareholders'
equity EUR 1,482,264.26
LIABILITIES EUR 3,395,932.43
Shareholders' equity EUR 0.00
Capital EUR 25,000.00
Subscribed capital (share capital) EUR 25,000.00
Balance sheet profit/loss (+/-) EUR -1,507,264.26
Profit / loss brought forward EUR -167,570.55
Annual surplus / annual deficit EUR -1,339,693.71
Other shareholders' equity (+/-) EUR 1,482,264.26
Deficit not covered by shareholders'
equity EUR 1,482,264.26
Provisions EUR 222,782.94
Other / unspecified provisions EUR 222,782.94
Liabilities EUR 3,173,149.49
Other liabilities EUR 3,173,149.49
Unspecified other liabilities EUR 3,173,149.49
Type of balance
sheet: Company balance sheet
Financial year: 01.01.2010
- 31.12.2010
ASSETS EUR 168,227.81
Fixed assets EUR 667.96
Tangible assets EUR 667.96
Other tangible assets / fixtures and
fittings EUR 667.96
Current assets EUR 12,489.30
Liquid means EUR 12,489.30
Remaining other assets EUR 155,070.55
Deficit not covered by shareholders'
equity EUR 155,070.55
LIABILITIES EUR 168,227.81
Shareholders' equity EUR 0.00
Capital EUR 12,500.00
Subscribed capital (share capital) EUR 12,500.00
thereof not yet paid-up capital EUR 12,500.00
Balance sheet profit/loss (+/-) EUR -167,570.55
Profit / loss brought forward EUR -3,688.20
Annual surplus / annual deficit EUR -163,882.35
Provisions EUR 1,225.00
Other / unspecified provisions EUR 1,225.00
Liabilities EUR 167,002.81
Other liabilities EUR 167,002.81
Liabilities due to shareholders EUR 167,002.81
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 : |
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.