MIRA INFORM REPORT

 

 

Report Date :

08.04.2014

 

IDENTIFICATION DETAILS

 

Name :

MAHR GMBH

 

 

Registered Office :

Carl-Mahr-Str. 1, D 37073 Göttingen, Post Box: 18 53, D 37008 Göttinge

 

 

Country :

Germany

 

 

Date of Incorporation :

05.12.1994

 

 

Com. Reg. No.:

HRB 2507

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Manufacturer & wholesaler of System Measurement Products such as Surfaces, Shapes, Shafts, Gears, Customized Solutions, Kalibriermessmaschinen), Hand-Measurement Technology, High Precision Gear Pumps, Metering Pumps as well as  High-Precision Ball Bearing Slides

 

 

No. of Employees

1.629 (group)

 

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 – december 01, 2013

 

Country Name

Previous Rating

(30.09.2013)

Current Rating

(01.12.2013)

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, has contributed to strong growth 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 5.3% in 2013. The new German government introduced a minimum wage of $11 per hour to take effect in 2015. 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 and 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. 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

 

Mahr GmbH

 

 

Company address

 

Carl-Mahr-Str. 1

D 37073 Göttingen

Post Box: 18 53, D 37008 Göttingen

Telephone:        0551/70730

Telefax:             0551/71021

Homepage:        www.mahr.de

E-mail:              info@mahr.de

 

 

Company Status     

 

active

 

 

VAT no      

 

DE115299942

 

 

CONCLUSION

 

Business relations are permissible.

 

 

Synthesis

 

LEGAL FORM               Private limited company

Date of foundation:         05.12.1994

Registered on:               19.12.1994

Commercial Register:     Local court 37073 Göttingen

under:                           HRB 2507

Share capital:                EUR        8,000,000.00

 


Shareholder

 

Carl Mahr Holding GmbH

Carl-Mahr-Str. 1

D 37073 Göttingen

Legal form: Private limited company

Share capital:     EUR         15,500,000.00

Share:             EUR          8,000,000.00

Registered on: 28.12.1993

Reg. data: 37073 Göttingen, HRB 2398

 

Manager

 

Dipl.-Kfm. Stephan Gais

Sonnenweg 6

D 78647 Trossingen

having sole power of representation

Marital status: married

 

 Manager:

                      Ulrich Kaspar

                      Im Näheren Grund 50

                      D 71563 Affalterbach

                      born: 31.03.1957

 

Proxy

 

Karl-Heinz Junge

D 37124 Rosdorf

authorized to jointly represent the company

born: 03.04.1955

 

Proxy:

                      Holger Hage

                      Jägerbergstr. 10

                      D 07743 Jena

                      authorized to jointly represent the company

                      born: 14.12.1957

                      Profession: graduate engineer

                      Marital status: married

 Proxy:

                      Uwe Kauder

                      D 37191 Katlenburg-Lindau

                      authorized to jointly represent the company

 Proxy:

                      Dirk Dorra

                      D 37073 Göttingen

                      authorized to jointly represent the company

                      born: 16.03.1965

 Proxy:

                      Heiko Kern

                      D 73278 Schlierbach

                      authorized to jointly represent the company

                      born: 20.03.1969

 Proxy:

                      Wolfgang Seibold

                      D 72070 Tübingen

                      authorized to jointly represent the company

                      born: 17.09.1962

 Proxy:

                      Dr. Thomas Ardelt

                      D 34117 Kassel

                      authorized to jointly represent the company

                      born: 20.11.1969

 Proxy:

                      Jochen Seidler

                      D 37073 Göttingen

                      authorized to jointly represent the company

                      born: 27.03.1973

 Proxy:

                      Dr. Andreas Lange

                      D 89551 Königsbronn

                      authorized to jointly represent the company

                      born: 26.10.1963

 

Further functions/participations of Dipl.-Kfm. Stephan Gais (Manager)

 

 Manager:

                      Carl Mahr Besitzgesellschaft mbH

                      Carl-Mahr-Str. 1

                      D 37073 Göttingen

                      Legal form: Private limited company

                      Share capital:     EUR          6,500,000.00

                      Registered

                      on:         26.05.1936

                      Reg. data:  37073 Göttingen, HRB 212

 

Further functions/participations of Ulrich Kaspar (Manager)

 

 Manager:

                      Carl Mahr Holding GmbH

                      Carl-Mahr-Str. 1

                      D 37073 Göttingen

                      Legal form: Private limited company

                      Share capital:     EUR         15,500,000.00

                      Registered

                      on:         28.12.1993

                      Reg. data:  37073 Göttingen, HRB 2398

 Manager:

                      Carl Mahr Verwaltungs GmbH

                      Carl-Mahr-Str. 1

                      D 37073 Göttingen

                      Post Box:

                      18 53, D 37008 Göttingen

                      Legal form: Private limited company

                      Share capital:     EUR             36,000.00

                      Registered

                      on:         01.04.1999

                      Reg. data:  37073 Göttingen, HRB 3019

 

 

COMPANY HISTORY

 

 05.12.1994 - 2005        Mahr GmbH

                          Brauweg 38

                          D 37073 Göttingen

                          Private limited company

 

 

BUSINESS ACTIVITIES

 

Manufacturer & wholesaler of System Measurement Products such as Surfaces, Shapes, Shafts, Gears, Customized Solutions, Kalibriermessmaschinen), Hand-Measurement Technology, High Precision Gear Pumps, Metering Pumps as well as  High-Precision Ball Bearing Slides

 

 

BRANCHES AND FACTORIES

 

 Works:

                      Mahr GmbH

                      Carl-Zeiss-Promenade 10

                      D 07745 Jena

                      TEL.: 03641/642696

                      FAX.: 03641/643368

 Branch:

                      Mahr GmbH

                      Weststr. 4-6

                      D 09212 Limbach-Oberfrohna

                      TEL.: 03722/736310


 Branch:

                      Mahr GmbH

                      Am Grauen Stein 21

                      D 55218 Ingelheim

                      TEL.: 06132/798288

                      FAX.: 06132/798289

 

 

PARTICIPATIONS

 

 Shareholder:

                      PhotonicNet GmbH

                      Hollerithallee 6

                      D 30419 Hannover

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             30,000.00

                      Share:             EUR              2,500.00

                      Reg. data:  01.03.2001

                                  Local court 30175 Hannover

                                  HRB 59301

 

 

FINANCIAL INFORMATION

 

Payment experience:     within agreed terms

 

Negative information:      We have no negative information at hand.

 

 

REAL ESTATE

 

Type of ownership:         Tenant

Address                        Carl-Mahr-Str. 1

                                    D 37073 Göttingen

 

 Real Estate of:              Carl Mahr Holding GmbH

 Type of ownership:        Tenant

 Address                       Carl-Mahr-Str. 1

                                    D 37073 Göttingen

 

Land register documents were not available.

 


BANKERS

 

Principal banks

COMMERZBANK, 37005 GÖTTINGEN, NIEDERSACHS

Sort. code: 26040030

BIC: COBADEFF260

 

DEUTSCHE BANK, 37073 GÖTTINGEN, NIEDERSACHS

Sort. code: 26070072

BIC: DEUTDE2H260

 

Further banks

DEUTSCHE BANK, 20079 HAMBURG

Sort. code: 20070000

BIC: DEUTDEHHXXX

 

LANDESBANK BADEN-WÜRTTEMBERG, 70144 STUTTGART

Sort. code: 60050000

BIC: SOLADESTXXX

 

 

FINANCIAL FIGURES

 

Financial year:      01.01. - 31.12.

 

Share capital:                          EUR          8,000,000.00

 

The number of employees is not known.

 

The company exercises the option not to publish its balance and is included in the annual financial statement of the parent company Carl  Mahr Holding GmbH.

 

 Basic data of the group Carl Mahr Holding GmbH:                          

 

                     2012               2011                    

 Receivables           40.021.010 EUR     37.383.000 EUR         

 Liabilities           37.981.104 EUR     37.581.000 EUR         

 Turnover             214.167.370 EUR    195.341.000 EUR         

 Annual result        15.198.131 EUR     14.111.000 EUR         

 Staff                     1.629              1.538                   

 

 


FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.59.95

UK Pound

1

Rs.99.36

Euro

1

Rs.82.15

                

INFORMATION DETAILS

 

Analysis Done by :

SUB

 

 

Report Prepared by :

MNL

               

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.