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Report Date : |
14.04.2014 |
IDENTIFICATION DETAILS
|
Name : |
DOKUMENTAL GMBH & CO. KG
SCHREIBFARBEN |
|
|
|
|
Registered Office : |
Wöllnerstr. 26 D 67065 Ludwigshafen Post Box: 21 73 63, D 67073
Ludwigshafen |
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|
|
|
Country : |
Germany |
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|
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Date of Incorporation : |
19.11.1991 |
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|
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Com. Reg. No.: |
HRA 3444 |
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|
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Legal Form : |
Ltd partnership with priv. ltd.
company as general partner |
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|
|
|
Line of Business : |
Manufacture of paints, varnished and
similar coatings, printing inks and mastics |
|
|
|
|
No. of Employees |
355 |
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 |
DOKUMENTAL GMBH & CO. KG
SCHREIBFARBEN
Innsbrucker Str. 35, D 82481 Mittenwald
The subject of your inquiry is a
branch. We are reporting on the headquarters.
DOKUMENTAL GMBH & CO. KG
SCHREIBFARBEN
Company
Status: active
Wöllnerstr. 26
D 67065
Ludwigshafen
Post Box:
21 73 63, D
67073 Ludwigshafen
Telephone:0621/54020
Telefax:
0621/5402391
Homepage:
www.dokumental.de
E-mail: info@dokumental.de
VAT no.: DE149115876
Business relations are permissible.
LEGAL FORM Ltd partnership with priv. ltd. company as general
partner
Date of foundation: 19.11.1991
Registered on: 15.07.1992
Register of
companies: Local court 67061 Ludwigshafen
under: HRA 3444
Total cap. contribution: EUR
1,022,583.76
Limited
partner:
IKF GmbH & Co. KG
Wöllnerstr. 26
D 67065 Ludwigshafen
Legal form: Ltd
partnership with priv. ltd.
company as general
partner
Total cap. EUR 511,291.88
contribution:
Share: EUR 511,291.88
Registered on: 28.03.1967
Reg. data: 67061 Ludwigshafen, HRA 2698
Limited
partner:
Medico-Cosmetic GmbH
& Co. KG
Wöllnerstr. 26
D 67065 Ludwigshafen
Legal form: Ltd
partnership with priv. ltd.
company as general
partner
Total cap. EUR 5,112.92
contribution:
Share: EUR 511,291.88
Registered on: 23.07.1982
Reg. data: 67061
Ludwigshafen, HRA 3377
General
partner:
Dokumental GmbH
Schreibfarben
Beteiligungsgesellschaft
Wöllnerstr. 26
D 67065 Ludwigshafen
Legal form: Private
limited company
Share capital: EUR 25,564.59
Registered on: 24.04.1990
Reg. data: 67061
Ludwigshafen, HRB 3485
Shareholder:
IKF GmbH & Co. KG
Wöllnerstr. 26
D 67065 Ludwigshafen
Legal form: Ltd
partnership with priv. ltd.
company as general
partner
Total cap. EUR 511,291.88
contribution:
Share: EUR 12,782.30
Registered on: 28.03.1967
Reg. data: 67061 Ludwigshafen,
HRA 2698
Shareholder:
Medico-Cosmetic GmbH
& Co. KG
Wöllnerstr. 26
D 67065 Ludwigshafen
Legal form: Ltd
partnership with priv. ltd.
company as general
partner
Total cap. EUR 5,112.92
contribution:
Share: EUR 12,782.29
Registered on: 23.07.1982
Reg. data: 67061 Ludwigshafen, HRA 3377
Manager:
Christian Diehlmann
Rieslingweg 20
D 67146 Deidesheim
born: 22.12.1964
Profession: Businessman
Proxy:
Dr. Timm Deeg
Cuiserystr. 9
D 67157 Wachenheim
born: 26.12.1942
Marital status: married
Proxy:
Alexander Hörner
D 67146 Deidesheim
authorized to jointly
represent the company
born: 25.08.1961
Proxy:
Ilona Karst
D 76835 Weyher
authorized to jointly
represent the company
born: 08.01.1969
Proxy:
Dr. Ulf Wilhelm
D 67346 Speyer
born: 10.03.1963
Proxy:
Hardy Müller
D 67105 Schifferstadt
authorized to jointly
represent the company
born: 20.07.1960
Proxy:
Alois Lipp
D 82481 Mittenwald
born: 04.04.1955
Proxy:
Stefan Abstein
D 67434 Neustadt
authorized to jointly
represent the company
born: 13.01.1961
15.07.1992 - 29.01.2008 DOKUMENTAL GmbH & Co. Schreibfarben
Wöllnerstr. 26
D 67065 Ludwigshafen
Ltd partnership with
priv. ltd. company
as general partner
Main industrial sector
20300
Manufacture of paints, varnished and similar coatings, printing inks and
mastics
Secondary industrial sector
4675
Wholesale of chemical products
Branch:
DOKUMENTAL GmbH & Co.
KG Schreibfarben
Innsbrucker Str. 35
D 82481 Mittenwald
TEL.: 08823/92020
FAX.: 08823/3820
Payment experience: within
periods customary in this trade
Negative information: We have no negative information at hand.
Type of ownership: Tenant
Address Wöllnerstr. 26
D 67065 Ludwigshafen
Real Estate of: Dokumental
GmbH Schreibfarben
Beteiligungsgesellschaft
Type of ownership: Tenant
Address Wöllnerstr. 26
D 67065 Ludwigshafen
Land register documents were not available.
Principal bank
DEUTSCHE BANK, 67003 LUDWIGSHAFEN AM RHEIN
Sort. code: 54570094
BIC: DEUTDESM545
Financial year: 01.01. - 31.12.
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 Dr. Wöllner Holding GmbH & Co. KG, Ludwigshafen.
Basic data of the group 2011:
Turnover: 90.728.106,41 EUR
Annual surplus of the group: 2.350.885,38 EUR
Trade and accounts receivables: 10.415.035,46 EUR
Trade and accounts liabilities: 4.938.700,92 EUR
Staff:
355
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.60.27 |
|
UK Pound |
1 |
Rs.101.10 |
|
Euro |
1 |
Rs.83.74 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
SDA |
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.