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Report Date : |
24.09.2013 |
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Tel. No.: |
12620586 |
IDENTIFICATION DETAILS
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Name : |
UHLMANN
PAC-SYSTEME GMBH & CO. KG |
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Registered Office : |
Uhlmannstr.
14-18 D 88471 Laupheim Post Box: 15 61, D 88465 Laupheim |
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Country : |
Germany |
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Financials (as on) : |
31.03.2012 |
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Date of Incorporation : |
13.02.1968 |
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Legal Form : |
Limited
partnership |
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Line of Business : |
Manufacture
of other general-purpose machinery. |
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No. of Employees : |
984 |
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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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
Uhlmann
Pac-Systeme GmbH & Co. KG
Company Status: active
Uhlmannstr. 14-18
D 88471 Laupheim
Post Box:
15 61, D 88465 Laupheim
Telephone:07392/7020
Telefax: 07392/18972
Homepage: www.uhlmann.de
E-mail: info@uhlmann.de
VAT no.: DE144893484
Business relations are permissible. The
company is considered
solvent for credits within its scope of
business.
LEGAL FORM Ltd
partnership with priv. ltd. company as
general partner
Date of foundation: 15.04.1948
Registered on: 13.02.1968
Register of
companies: Local
court 89073 Ulm
under: HRA
640435
Total cap. contribution: EUR 4,000,000.00
Limited partner:
Tobias Uhlmann
Musäusstr. 2
D 14195 Berlin
born: 10.10.1972
Share: EUR 3,920,000.00
Limited partner:
Hedwig Uhlmann
Robert-Koch-Weg 1
D 88471 Laupheim
born: 01.11.1935
née: Fischer
Share: EUR 80,000.00
General partner:
Uhlmann-Pac-Systeme
Verwaltungsgesellschaft
mbH
Uhlmannstr. 14-18
D 88471 Laupheim
Legal form: Private limited company
Share capital: EUR 26,000.00
Registered on: 04.05.1970
Reg. data: 89073 Ulm, HRB 640137
Shareholder:
Tobias Uhlmann
Musäusstr. 2
D 14195 Berlin
born: 10.10.1972
Share: EUR 26,000.00
Manager:
Siegfried Drost
Zwire 19
D 88471 Laupheim
born: 26.11.1956
Profession: Fully qualified
economic
engineer
Manager:
Norbert Gruber
D 59555 Lippstadt
born: 27.03.1954
Profession: Businessman
Proxy:
Wilhelm Kaiser
D 87746 Erkheim
authorized to jointly represent the
company
born: 23.04.1966
Proxy:
Gert Jaudas
D 88339 Bad Waldsee
authorized to jointly represent the
company
born: 04.09.1965
Proxy:
Günter Felk
D 89073 Ulm
authorized to jointly represent the
company
born: 10.05.1966
Proxy:
Bernhard Kuchenbaur
D 86356 Neusäß
authorized to jointly represent the
company
born: 15.06.1961
Main industrial sector
28290
Manufacture of other general-purpose machinery
Shareholder:
Uhlmann VisioTec GmbH
Uhlmannstr. 14-18
D 88471 Laupheim
Legal form: Private limited company
Company Status: active
Share capital: EUR 25,000.00
Share: EUR 25,000.00
Reg. data: 09.02.2000
Local court 89073 Ulm
HRB 641442
Shareholder:
visiotec GmbH
Uhlmannstr. 14-18
D 88471 Laupheim
Legal form: Private limited company
Company Status: active
Share capital: EUR 25,000.00
Share: EUR 25,000.00
Reg. data: 11.03.2013
Local court 89073 Ulm
HRB 729018
Shareholder:
Koch Pac-Systeme GmbH
Dieselstr. 13
D 72285 Pfalzgrafenweiler
Legal form: Private limited company
Company Status: active
Share capital: EUR 26,000.00
Share: EUR 12,740.00
Reg. data: 23.07.1985
Local court 70190 Stuttgart
HRB 430506
Payment experience: cash discount/within agreed terms
Negative information:We have no negative information
at hand.
Type of ownership: proprietor
Share: 100.00 %
Address Uhlmannstr.
14-18
D 88471 Laupheim
Land register documents were not available.
KREISSPARKASSE
BIBERACH, LAUPHEIM
Sort.
code: 65450070,
Account
no.: 560557,
BIC:
SBCRDE66XXX
DEUTSCHE
BANK, ULM, DONAU
Sort.
code: 63070088,
Account
no.: 203802400,
BIC:
DEUTDESS630
BADEN-WÜRTTEMB.BANK/LANDESBANK
BADEN-WÜRTTEMB., BIBERACH AN DER
RIß
Sort.
code: 60050101,
Account
no.: 4475686,
BIC:
SOLADEST600
Financial year: 01.04. - 31.03.
No full-time employees are employed.
The company Uhlmann Pac-Systeme GmbH & Co.
KG is included in the
annual financial statement of Uhlmann Pac-Systeme
Verwaltungsgesellschaft mbH (HRB 640137, Local
Court Ulm).
Basic data of the group 01.04.2011 – 31.03.2012
Sales : 191.612.864,68 EUR
Staff: 984
Profit: 16.767.980,72 EUR
Receivables: 137.480.496,88 EUR
Liabilities: 74.239.065,94 EUR
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.52 |
|
|
1 |
Rs.100.26 |
|
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 |
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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.