MIRA INFORM REPORT

 

 

Report Date :

29.10.2013

 

IDENTIFICATION DETAILS

 

Name :

TSR RECYCLING GMBH & CO. KG

 

 

Registered Office :

Hafenstr. 98 D 46242 Bottrop

 

 

Country :

Germany

 

 

Date of Incorporation :

16.12.2008

 

 

Legal Form :

Ltd partnership

 

 

Line of Business :

Subject is engaged in treatment and disposal of non-hazardous waste.

 

 

No. of Employees :

Not Available

 

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

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

Company name

 

TSR RECYCLING GMBH & CO. KG

 

 

 Company Status:           active

Hafenstr. 98

D 46242 Bottrop

Telephone:02041/7060-0

Telefax:  02041/7710-999

Homepage: www.tsr.eu

E-mail:                           info@tsr.eu

 

 VAT no.:                       DE814993204

 

 

 CONCLUSION

 

 Business relations are permissible.

 

 

Company summary

 

 LEGAL FORM           Ltd partnership with priv. ltd. company as

                                    general partner

 Date of foundation:        2006

 Registered on:              16.12.2008

 Register of

 companies:                  Local court 45879 Gelsenkirchen

 under:                          HRA 4396

 

 Total cap. contribution:                EUR             10,000.00

 

 

 Limited partner:

 

                      REMONDIS Services und Beteiligungs GmbH

                      Brunnenstr. 138

                      D 44536 Lünen

                      Legal form: Private limited company

                      Share capital:     EUR         35,000,000.00

                      Share:             EUR              6,000.00

                      Registered on: 02.05.2005

                      Reg. data: 44135 Dortmund, HRB 18958

 Limited partner:

                      CRONIMET Holding GmbH

                      Südbeckenstr. 22

                      D 76189 Karlsruhe

                      Legal form: Private limited company

                      Share capital:     EUR          2,000,000.00

                      Share:             EUR              2,000.00

                      Registered on: 03.08.2005

                      Reg. data: 68159 Mannheim, HRB 110997

 

Limited partner:

                      Alfa Acciai S.p.A.

                      Via San Polo, 152

                      I 25134 Brescia

                      Legal form: Other legal form

                      Share:             EUR              2,000.00

 

General partner:

                      TSR Recycling Verwaltungs GmbH

                      Hafenstr. 98

                      D 46242 Bottrop

                      Legal form: Private limited company

                      Share capital:     EUR             25,000.00

                      Registered on: 24.07.2009

                      Reg. data: 45879 Gelsenkirchen, HRB 10004

 

 

 Shareholder:

                      REMONDIS Services und Beteiligungs GmbH

                      Brunnenstr. 138

                      D 44536 Lünen

                      Legal form: Private limited company

                      Share capital:     EUR         35,000,000.00

                      Share:             EUR             15,000.00

                      Registered on: 02.05.2005

                      Reg. data: 44135 Dortmund, HRB 18958

 

Shareholder:

                      CRONIMET Holding GmbH

                      Südbeckenstr. 22

                      D 76189 Karlsruhe

                      Legal form: Private limited company

                      Share capital:     EUR          2,000,000.00

                      Share:             EUR              5,000.00

                      Registered on: 03.08.2005

                      Reg. data: 68159 Mannheim, HRB 110997

 

Shareholder:

                      Alfa Acciai S.p.A.

                      Via San Polo, 152

                      I 25134 Brescia

                      Legal form: Other legal form

                      Share:             EUR              5,000.00

 

 Manager:

                      Hermann Holstein

                      Wiesenweg 3

                      D 18209 Bad Doberan

                      born: 13.11.1954

                      Profession: graduate engineer

                      Marital status: married

 

 Manager:

                      Ulrich Theodor Althoff

                      Im Tann 5

                      D 82166 Gräfelfing

                      authorized to jointly represent the company

                      born: 18.09.1957

                      Profession: Fully qualified merchant

                      Marital status: married

 

 Manager:

                      Wolfgang Reinhard Kämper

                      Promenade 8

                      D 59821 Arnsberg

                      born: 18.06.1964

                      Profession: Businessman

 

 Manager:

                      Edwin A. Leijnse

                      Tilsiter Str. 13

                      D 40489 Düsseldorf

                      born: 01.09.1967

                      Nationality: Dutch

 

 Manager:

                      Bernd Fleschenberg

                      Lupinenweg 5

                      D 38110 Braunschweig

                      born: 10.09.1962

                      Profession: Fully qualified merchant

                      Marital status: married

 

 Proxy:

                      Hans-Walter Henn

                      Helfensteinerstr. 10

                      D 73432 Aalen

                      authorized to jointly represent the company

                      born: 26.04.1959

                      Profession: Businessman

 

Proxy:

                      Eckhard Winkler

                      Kurt-Schumacher-Allee 63

                      D 47445 Moers

                      authorized to jointly represent the company

                      born: 03.01.1960

 

 Proxy:

                      Anke Eisermann

                      D 46045 Oberhausen

                      authorized to jointly represent the company

                      born: 09.06.1966

                      Profession: Fully qualified Economist

 

 Proxy:

                      Hermann Holstein

                      Wiesenweg 3

                      D 18209 Bad Doberan

                      authorized to jointly represent the company

                      born: 13.11.1954

                      Profession: graduate engineer

                      Marital status: married

 

 Proxy:

                      Hans-Walter Henn

                      Helfensteinerstr. 10

                      D 73432 Aalen

                      authorized to jointly represent the company

                      born: 26.04.1959

                      Profession: Businessman

 

 Proxy:

                      Christian Herbert Scheil

                      Gartenstr. 23

                      D 18119 Rostock

                      authorized to jointly represent the company

                      born: 06.08.1961

                      Profession: graduate engineer

 

Proxy:

                      Ulrich Theodor Althoff

                      Im Tann 5

                      D 82166 Gräfelfing

                      authorized to jointly represent the company

                      born: 18.09.1957

                      Profession: Fully qualified merchant

                      Marital status: married

 

 Proxy:

                      Thomas Vohwinkel

                      D 40668 Krefeld

                      authorized to jointly represent the company

                      born: 01.03.1957

 

 Proxy:

                      Wolfgang Reinhard Kämper

                      Promenade 8

                      D 59821 Arnsberg

                      authorized to jointly represent the company

                      born: 18.06.1964

                      Profession: Businessman

 

 Proxy:

                      Eckhard Winkler

                      Kurt-Schumacher-Allee 63

                      D 47445 Moers

                      authorized to jointly represent the company

                      born: 03.01.1960

 

 Proxy:

                      Roland Günther

                      D 41460 Neuss

                      authorized to jointly represent the company

                      born: 16.07.1955

 

Proxy:

                      Edwin A. Leijnse

                      Tilsiter Str. 13

                      D 40489 Düsseldorf

                      authorized to jointly represent the company

                      born: 01.09.1967

                      Nationality: Dutch

 

Proxy:

                      Marina Dankert

                      D 16341 Panketal

                      authorized to jointly represent the company

                      born: 13.03.1959

 

 Proxy:

                      Mona Winkler

                      D 45470 Mülheim

                      authorized to jointly represent the company

                      born: 24.12.1968

 

Proxy:

                      Anke Eisermann

                      D 46045 Oberhausen

                      authorized to jointly represent the company

                      born: 09.06.1966

                      Profession: Fully qualified Economist

 

 Proxy:

                      Jörg Benn

                      D 46535 Dinslaken

                      authorized to jointly represent the company

                      born: 31.08.1960

 

 Proxy:

                      Sven Schünemann

                      D 18055 Rostock

                      authorized to jointly represent the company

                      born: 19.05.1976

 

 Proxy:

                      Bernd Fleschenberg

                      Lupinenweg 5

                      D 38110 Braunschweig

                      authorized to jointly represent the company

                      born: 10.09.1962

                      Profession: Fully qualified merchant

                      Marital status: married

 

 Proxy:

                      Dr. Hans-Peter Mertens

                      Schwanenbuschstr. 169

                      D 45138 Essen

                      authorized to jointly represent the company

                      born: 19.03.1967

 

 Proxy:

                      Achim Klaas

                      Hermann-Spillecke-Str. 15

                      D 47259 Duisburg

                      authorized to jointly represent the company

                      born: 21.12.1957

 

 Proxy:

                      Attila Baloglu

                      D 46509 Xanten

                      authorized to jointly represent the company

                      born: 03.09.1965

 

 Proxy:

                      Hans-Jürgen Schilling

                      D 47051 Duisburg

                      authorized to jointly represent the company

                      born: 26.04.1954

 

Proxy:

                      Jörg Schilling

                      D 45127 Essen

                      authorized to jointly represent the company

                      born: 03.07.1970

 

 

 BUSINESS ACTIVITIES

 

 Main industrial sector

 

Treatment and disposal of non-hazardous waste

 

 

 BRANCHES AND FACTORIES

 

 Branch:

                      TSR Recycling GmbH & Co. KG

                      Am Güterbahnhof 53

                      D 35683 Dillenburg

                      TEL.: 02771/8750

 Branch:

                      TSR Recycling GmbH & Co. KG

                      Waterbergstr. 6

                      D 28237 Bremen

                      TEL.: 0421/64903-0

                      FAX.: 0421/64903-38

 Branch:

                      TSR Recycling GmbH & Co. KG

                      Lagerstr. 25

                      D 68169 Mannheim

                      TEL.: 0621/32200

 Branch:

                      TSR Recycling GmbH & Co. KG

                      Schürmannstr. 2b

                      D 46242 Bottrop

                      TEL.: 02041/174-100

 Branch:

                      TSR Recycling GmbH & Co. KG

                      Hafenrandstr. 11

                      D 63741 Aschaffenburg

                      TEL.: 06021/8477-0

                      FAX.: 06021/80544

 Branch:

                      TSR Recycling GmbH & Co. KG

                      Westhafenstr. 1

                      D 13353 Berlin

                      TEL.: 030/3988550

                      FAX.: 030/39885518

 Branch:

                      TSR Recycling GmbH & Co. KG

                      Am Zweigkanal 19a

                      D 39126 Magdeburg

                      TEL.: 0391/509070

                      FAX.: 0391/5090747

 Branch:

                      TSR Recycling GmbH & Co. KG

                      Steineshoffweg 21

                      D 45479 Mülheim

                      TEL.: 0208/999540

 Branch:

                      TSR Recycling GmbH & Co. KG

                      Otto-Röhm-Str. 57

                      D 64293 Darmstadt

                      TEL.: 06151/9804-0

 Branch:

                      TSR Recycling GmbH & Co. KG

                      Breslauer Str. 7

                      D 20457 Hamburg

                      TEL.: 040/7404070

                      FAX.: 040/74040740

 Branch:

                      TSR Recycling GmbH & Co. KG

                      Hovestr. 30

                      D 20539 Hamburg

                      TEL.: 040/21111390

                      FAX.: 040/21111399

 Branch:

                      TSR Recycling GmbH & Co. KG

                      Radeweller Str. 2

                      D 06132 Halle

 Branch:

                      TSR Recycling GmbH & Co. KG

                      Hans-Böckler-Str. 16

                      D 56070 Koblenz

                      TEL.: 0261/988980

 Branch:

                      TSR Recycling GmbH & Co. KG

                      Bahnhofstr. 12a

                      D 38822 Schachdorf Ströbeck

                      TEL.: 039427/314

 Branch:

                      TSR Recycling GmbH & Co. KG

                      Benzstr. 2

                      D 74076 Heilbronn

 Branch:

                      TSR Recycling GmbH & Co. KG

                      Beim Alten Hebeturm 24

                      D 47119 Duisburg

                      TEL.: 0203/93545951

 Branch:

                      TSR Recycling GmbH & Co. KG

                      Berthelsdorfer Str. 15

                      D 09618 Brand-Erbisdorf

                      TEL.: 037322/52820

 Branch:

                      TSR Recycling GmbH & Co. KG

                      Woltersdorfer Str. 40

                      D 14770 Brandenburg

 Branch:

                      TSR Recycling GmbH & Co. KG

                      Uhlfelderstr. 4

                      D 60314 Frankfurt

 Branch:

                      TSR Recycling GmbH & Co. KG

                      Kreckwitzer Str. 24

                      D 02627 Kubschütz

                      TEL.: 03591/24197

 Branch:

                      TSR Recycling GmbH & Co. KG

                      Lahnuferstr. 13-21

                      D 57334 Bad Laasphe

 Branch:

                      TSR Recycling GmbH & Co. KG

                      August-Conrad-Str. 43

                      D 16761 Hennigsdorf

                      TEL.: 03302/7912020

                      FAX.: 03302/79120285

 Branch:

                      TSR Recycling GmbH & Co. KG

                      Zweite Hafenstr. 4

                      D 21079 Hamburg

                      TEL.: 040/238817-0

 Branch:

                      TSR Recycling GmbH & Co. KG

                      Schrottinsel 2-10

                      D 47138 Duisburg

 Branch:

                      TSR Recycling GmbH & Co. KG

                      Kreckwitzer Str. 24

                      D 02625 Bautzen

 Branch:

                      TSR Recycling GmbH & Co. KG

                      Lahnstr. 1-9

                      D 12055 Berlin

 Branch:

                      TSR Recycling GmbH & Co. KG

                      Magdeburger Str. 58

                      D 01067 Dresden

 Branch:

                      TSR Recycling GmbH & Co. KG

                      Auf der Lausward 44

                      D 40221 Düsseldorf

 Branch:

                      TSR Recycling GmbH & Co. KG

                      Hamburger Str. 19-23

                      D 40221 Düsseldorf

 Branch:

                      TSR Recycling GmbH & Co. KG

                      Auf der Lieben Frau

                      D 37574 Einbeck

 Branch:

                      TSR Recycling GmbH & Co. KG

                      Zum Zungenkai 1

                      D 26725 Emden

 Branch:

                      TSR Recycling GmbH & Co. KG

                      Spechthausener Str.

                      D 16244 Schorfheide

 Branch:

                      TSR Recycling GmbH & Co. KG

                      Lerchenstr. 43

                      D 09669 Frankenberg

 Branch:

                      TSR Recycling GmbH & Co. KG

                      Landdammstr.

                      D 65462 Ginsheim-Gustavsburg

 Branch:

                      TSR Recycling GmbH & Co. KG

                      Bahnhofstr. 5

                      D 04668 Grimma

 Branch:

                      TSR Recycling GmbH & Co. KG

                      Hansastr. 9

                      D 30419 Hannover

 Branch:

                      TSR Recycling GmbH & Co. KG

                      Industriestr. 18

                      D 42499 Hückeswagen

 Branch:

                      TSR Recycling GmbH & Co. KG

                      Ochshäuser Str. 6

                      D 34123 Kassel

 Branch:

                      TSR Recycling GmbH & Co. KG

                      Philipp-Oehmigke-Str. 13

                      D 16816 Neuruppin

 Branch:

                      TSR Recycling GmbH & Co. KG

                      Johannes-Schlaf-Str. 17

                      D 06268 Querfurt

 Branch:

                      TSR Recycling GmbH & Co. KG

                      Bahnhofstr. 12a

                      D 38822 Schachdorf Ströbeck

 Branch:

                      TSR Recycling GmbH & Co. KG

                      Welsauer Weg 14

                      D 04860 Torgau

 Branch:

                      TSR Recycling GmbH & Co. KG

                      Hünefeldstr. 3c

                      D 06847 Dessau-Roßlau

 

 

 PARTICIPATIONS

 

 Shareholder:

                      Rohstoffhandel Rackwitz GmbH

                      Am Wasserwerk 7

                      D 04519 Rackwitz

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR            375,000.00

                      Share:             EUR            375,000.00

                      Reg. data:  03.04.2013

                                    Local court 04275 Leipzig

                                    HRB 29253

 

 Shareholder:

                      TSR-KAT GmbH

                      Ochsenburger Str. 19

                      D 75056 Sulzfeld

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR            468,750.00

                      Share:             EUR            300,000.00

                      Reg. data:  27.06.2011

                                    Local court 68159 Mannheim

                                    HRB 712172

 

 Shareholder:

                      Speicherei Stuttgart GmbH

                      Am Westkai 15

                      D 70327 Stuttgart

                      Post Box:

                      60 05 21

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR            500,000.00

                      Share:             EUR            250,000.00

                      Reg. data:  07.01.1994

                                     Local court 70190 Stuttgart

                                    HRB 16256

 

 Shareholder:

                      AAA Stahl Holding GmbH

                      Bahnhofstr. 106

                      D 82166 Gräfelfing

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             61,355.03

                      Share:             EUR             43,971.10

                      Reg. data:  17.08.1998

                                    Local court 80333 München

                                     HRB 121627

 

Shareholder:

                      GMR GmbH Geraer Metallrecycling

                      Franzosenweg 3

                      D 07546 Gera

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             50,000.00

                      Share:             EUR             50,000.00

                      Reg. data:  29.06.2000

                                    Local court 07745 Jena

                                      HRB 208316

 

 Shareholder:

                      Metallrecycling Veit GmbH

                      Im Gewerbepark 1

                      D 07646 Bollberg

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR            100,000.00

                      Share:             EUR             50,000.00

                      Reg. data:  29.06.2004

                                     Local court 07745 Jena

                                    HRB 210143

 

 

 Payment experience:  within periods customary in this trade

 

 Negative information:We have no negative information at hand.

 

 

 REAL ESTATE

 

 Type of ownership:        Tenant

 Address                       Hafenstr. 98

                                    D 46242 Bottrop

 

 Real Estate of:              TSR Recycling Verwaltungs GmbH

 Type of ownership:        Tenant

 Address                        Hafenstr. 98

                                     D 46242 Bottrop

 

 Land register documents were not available.

 

 

 BANKERS

 

 A bank connection is unknown.

 

 

employees

 

 The number of employees is not known.

 

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.61.50

UK Pound

1

Rs.99.49

Euro

1

Rs.84.88

 

 

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%)

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.