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Report Date : |
06.08.2014 |
IDENTIFICATION DETAILS
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Name : |
QUARTO DEUTSCHLAND GMBH |
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Registered Office : |
Willstätterstr. 13, D 40549 Düsseldorf |
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Country : |
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Date of Incorporation : |
10.01.2014 |
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Legal Form : |
Private Limited
Company |
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Line of Business : |
·
Manufacture of Metal Products N.E.C. ·
Wholesale of Iron Ores, Iron, Steel and Iron and
Steel Semi-Finished Goods |
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No. of Employees : |
5 |
RATING & COMMENTS
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MIRA’s Rating : |
NB |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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|
-- |
NB |
New Business |
-- |
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Status : |
New Company |
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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 – June 1, 2014
|
Country Name |
Previous Rating (31.03.2014) |
Current Rating (01.06.2014) |
|
Germany |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
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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 |
QUARTO DEUTSCHLAND GMBH
Company Status: active
Willstätterstr. 13
D 40549 Düsseldorf
Telephone:0211/52790
Telefax: 0211/5279177
Due to the recent establishment of the company we cannot comment on a
maximum credit in figures.
LEGAL FORM Private limited company
Date of foundation: 10.01.2014
Shareholders'
agreement: 10.01.2014
Registered on: 06.02.2014
Commercial Register: Local
court 40227 Düsseldorf
under: HRB 71962
Share capital:
EUR 25,000.00
Shareholder:
IMS group
Holding Deutschland GmbH
Willstätterstr. 13
D 40549
Düsseldorf
Legal form:
Private limited company
Share
capital: EUR 25,000.00
Share: EUR 25,000.00
Registered
on: 12.07.2013
Reg. data:
40227 Düsseldorf, HRB 70611
Manager:
Peter Kolz
D 40880
Ratingen
having sole
power of representation
born:
24.04.1963
Profession:
Businessman
Further functions/participations of Peter Kolz (Manager)
Manager:
Stappert
Deutschland GmbH
Willstätterstr. 13
D 40549
Düsseldorf
Post Box:
11 11 31, D
40511 Düsseldorf
Legal form:
Private limited company
Share
capital: EUR 8,871,000.00
Registered
on: 11.10.1922
Reg.
data: 40227 Düsseldorf, HRB 20
Manager:
FINKENHOLL-STAHL-SERVICE-CENTER GmbH
Bahnstr. 38
D 44793
Bochum
Legal form:
Private limited company
Share
capital: EUR 1,320,000.00
Registered
on: 28.04.1959
Reg. data:
44787 Bochum, HRB 146
Manager:
IMS group
Holding Deutschland GmbH
Willstätterstr. 13
D 40549
Düsseldorf
Legal form:
Private limited company
Share capital: EUR 25,000.00
Registered
on: 12.07.2013
Reg.
data: 40227 Düsseldorf, HRB 70611
Manager:
Betonstahl
Bochum GmbH
Bahnstr. 38
D 44793
Bochum
Legal form:
Private limited company
Share
capital: EUR 25,000.00
Registered
on: 14.02.2014
Reg. data: 44787 Bochum, HRB 14833
06.02.2014 - 21.03.2014 Rheinsee
430. V V GmbH
D 40210
Düsseldorf
Private
limited company
21.03.2014 - 21.03.2014 Rheinsee
430. V V GmbH
Kurt-Schumacher-Str. 18-20
D 53113
Bonn
Private
limited company
06.02.2014 - 21.03.2014 Manager
Andreas
Koglin
D 53225
Bonn
Sectors
25993 Manufacture of metal
products n.e.c.
46721 Wholesale of iron ores,
iron, steel and iron and steel semi-finished goods
52100 Warehousing
Type of ownership: Tenant
Address Willstätterstr. 13
D 40549 Düsseldorf
Real Estate of: IMS group Holding Deutschland GmbH
Type of ownership: Tenant
Address Willstätterstr. 13
D 40549 Düsseldorf
Land register documents were not available.
A bank connection is unknown.
Financial year: 06.02. - 31.12.
Share capital:
EUR 25,000.00
Employees: 5
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.60.87 |
|
|
1 |
Rs.102.67 |
|
Euro |
1 |
Rs.81.70 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared by
: |
TPT |
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.