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Report Date : |
10.04.2014 |
IDENTIFICATION DETAILS
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Name : |
ACTIVATEC
INTERNATIONAL GMBH & CO. KG |
|
|
|
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Registered Office : |
Brookstieg
21 D 22145 Stapelfeld |
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|
|
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Country : |
Germany |
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Date of Incorporation : |
10.12.2013 |
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|
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|
Legal Form : |
Ltd
Partnership |
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|
|
|
Line of Business : |
|
|
|
|
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No. of Employees |
14 |
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 : |
Unknown |
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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 – 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 |
ACTIVATEC INTERNATIONAL GMBH &
CO. KG
Company Status: active
Brookstieg 21
D 22145 Stapelfeld
Telephone:040/66909460
Telefax: 040/66909479
Homepage: www.activatec.de
E-mail: sales@activatec.de
VAT no.: DE815474163
Tax ID number: 30
288 76956
Business relations are permissible.
LEGAL FORM Ltd
partnership with priv. ltd. company as general partner
Date of foundation: 1987
Registered on: 10.12.2013
Register of
companies: Local
court 23568 Lübeck
under: HRA
7602 HL
Total cap. contribution: EUR 10,000.00
Limited partner:
Torsten Maak
Lohkoppel 2
D 22946 Brunsbek
born: 09.12.1965
Share: EUR 10,000.00
General partner:
Tec Verwaltungs GmbH
Brookstieg 21
D 22145 Stapelfeld
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered on: 06.12.2013
Reg. data: 23568 Lübeck,
HRB 13500 HL
Shareholder:
Torsten Maak
Lohkoppel 2
D 22946 Brunsbek
born: 09.12.1965
Share: EUR 25,000.00
Manager:
Torsten Maak
Lohkoppel 2
D 22946 Brunsbek
having sole power of
representation
born: 09.12.1965
Marital status: married
Further functions/participations of Tec
Verwaltungs GmbH (General
partner)
General partner:
Matec International GmbH
& Co. KG
Brookstieg 21
D 22145 Stapelfeld
Legal form: Ltd
partnership with priv. ltd.
company as general
partner
Total cap. EUR 10,000.00
contribution:
Registered
on: 09.12.2013
Reg. data: 23568 Lübeck, HRA 7600 HL
Main industrial sector
2221
Manufacture of plastic plates, sheets, tubes and profiles
46743 Wholes of metal and plastic goods for
construction purposes
Payment
experience: within periods customary in
this trade
Negative information:We have no negative
information at hand.
Type of ownership: Tenant
Address Brookstieg
21
D 22145 Stapelfeld
Real Estate of: Tec
Verwaltungs GmbH
Type of ownership: Tenant
Address Brookstieg
21
D 22145 Stapelfeld
Land register documents were not available.
POSTBANK (GIRO), 22280 HAMBURG
Sort. code: 20010020
BIC: PBNKDEFFXXX
Financial year: 10.12. - 31.12.
Employees: 14
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.60.07 |
|
|
1 |
Rs.100.56 |
|
Euro |
1 |
Rs.82.79 |
INFORMATION DETAILS
|
Analysis Done by
: |
SUB |
|
|
|
|
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.