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Report Date : |
28.04.2014 |
IDENTIFICATION DETAILS
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Name : |
RETSCH GMBH |
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Registered Office : |
Retsch-Allee 1-5, D 42781 Haan |
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Country : |
Germany |
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Date of Incorporation : |
30.12.1974 |
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Com. Reg. No.: |
HRB 12660 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
·
Engaged
in the fields of homogenizing laboratory samples for analysis as well as
particle size analysis of solid substances. Wholesaler of chemical
products Subject product ranges includes : Product Selection Milling Jaw Crushers Rotor Mills Cutting Mills Knife Mills Mortar Grinders Disc Mills Ball Mills ·
Product Selection Sieving Sieve Shakers Test Sieves Evaluation Software ·
Sample Divider Dryer Pellet Presses Feeder Cleaner |
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No of Employees : |
92 |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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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 31, 2014
|
Country Name |
Previous Rating (31.12.2013) |
Current Rating (31.03.2014) |
|
Germany |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
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Low Risk |
A2 |
|
Moderate Low Risk |
B1 |
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Moderate Risk |
B2 |
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Moderate High Risk |
C1 |
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High Risk |
C2 |
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Very High Risk |
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 |
RETSCH GMBH
Retsch-Allee 1-5
D 42781 Haan
Telephone: 02129/5561-0
Telefax: 02129/8702
Homepage: www.retsch.com
E-mail: info@retsch.com
DE814357675
active
Business relations are permissible.
LEGAL FORM Private
limited company
Date of foundation: 30.12.1974
Shareholders'
agreement: 30.12.1974
Registered on: 20.02.1975
Commercial Register: Local court 42103 Wuppertal
under: HRB
12660
Share capital: EUR 25,564.59
Verder Scientific GmbH & Co. KG
Retsch-Allee 1-5
D 42781 Haan
Legal form: Ltd partnership with priv.
ltd.
company as general partner
Total cap. EUR 25,000.00
contribution:
Share: EUR 25,564.59
Registered on: 25.09.2013
Reg. data: 42103 Wuppertal, HRA 23768
Control and profit transfer agreement
Dr. Jürgen Pankratz
D 42781 Haan
having sole power of representation
born: 02.10.1965
Profession: Businessman
Marital status: married
Manager:
Andries Verder - Kaufmann
-
B - Brasschaat
having sole power of
representation
born: 28.11.1966
Nationality:
Belgian
Thomas Koppenhagen
D 44135 Dortmund
authorized to jointly represent the
company
born: 04.01.1963
Profession: Fully qualified merchant
Proxy:
Dr. Matthias Niewind
D 42489 Wülfrath
authorized to jointly
represent the company
born: 24.02.1968
Proxy:
Patricia Brigitte
Jung-Franken
D 42781 Haan
authorized to jointly
represent the company
born: 03.10.1957
Further
functions/participations of Dr. Jürgen Pankratz (Manager)
Manager:
Retsch Technology GmbH
Retsch-Allee 1-5
D 42781 Haan
Legal form: Private
limited company
Share capital: EUR 77,000.00
Registered
on: 08.12.1994
Reg. data: 42103 Wuppertal, HRB 13402
Manager:
ELTRA
Entwicklungs- und
Vertriebsgesellschaft von elektronischen und
physikalischen
Geräten mbH
Retsch-Allee 1-5
D 42781 Haan
Legal form: Private
limited company
Share capital: EUR 25,564.59
Registered
on: 27.06.2013
Reg. data: 42103 Wuppertal, HRB 25077
Manager:
Verder Scientific GmbH
Retsch-Allee 1-5
D 42781 Haan
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 29.08.2013
Reg. data: 42103 Wuppertal, HRB 25198
Manager:
Verder Liquids GmbH
Retsch-Allee 1-5
D 42781 Haan
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 16.09.2013
Reg. data: 42103 Wuppertal, HRB 25229
Manager:
GERO
Management GmbH
Hesselbachstr. 15
D
75242 Neuhausen
Legal form: Private limited company
Share capital: EUR 25,000.00
Registered
on: 16.12.2005
Reg. data: 68159 Mannheim, HRB 505933
Further
functions/participations of Andries Verder - Kaufmann - (Manager)
Manager:
Retsch Technology GmbH
Retsch-Allee 1-5
D 42781 Haan
Legal form: Private limited
company
Share capital: EUR 77,000.00
Registered
on: 08.12.1994
Reg. data: 42103 Wuppertal, HRB 13402
20.02.1975
- 28.09.2005 Retsch, Vertrieb chemischer
Apparate
GmbH
Rheinische Str. 36
D 42781 Haan
Private limited
company
28.09.2005 - 08.02.2012 Retsch GmbH
Rheinische Str. 36
D 42781 Haan
Private limited
company
·
Engaged in
the fields of homogenizing laboratory samples for analysis as well as particle
size analysis of solid substances.
Wholesaler of chemical
products
Subject product ranges includes :
Product Selection Milling
Jaw Crushers
Rotor Mills
Cutting Mills
Knife Mills
Mortar Grinders
Disc Mills
Ball Mills
·
Product Selection Sieving
Sieve Shakers
Test Sieves
Evaluation Software
·
Sample Divider
Dryer
Pellet Presses
Feeder
Cleaner
Payment experience: within agreed terms
Negative information: We have no negative information at hand.
Type of ownership: Tenant
Address Retsch-Allee
1-5
D
42781 Haan
Real Estate of: Verder
Scientific GmbH & Co. KG
Type of ownership: Tenant
Address Retsch-Allee
1-5
D 42781 Haan
Land register documents were not
available.
COMMERZBANK VORMALS DRESDNER BANK, 42756 HAAN, RHEINL
Sort. code: 34280032
BIC: DRESDEFF342
STADT-SPARKASSE HAAN, 42781 HAAN, RHEINL
Sort. code: 30351220
BIC: WELADED1HAA
Financial year: 01.01. - 31.12.
Share capital: EUR 25,564.59
Employees:
92
- Trainees:
3
Control and profit transfer
agreement to:
Verder Scientific GmbH & Co. KG
Retsch-Allee 1-5
D 42781
Haan
The company Verder Scientific GmbH & Co. KG exercises the option not to publish its balance and is included in the consolidated annual financial statement of Verder Holding GmbH.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.12 |
|
UK Pound |
1 |
Rs.102.71 |
|
Euro |
1 |
Rs.84.52 |
INFORMATION DETAILS
|
Analysis Done by
: |
SUB |
|
|
|
|
Report Prepared
by : |
MNL |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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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 |
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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.