MIRA INFORM REPORT

 

 

Report Date :

08.08.2014

 

IDENTIFICATION DETAILS

 

Name :

RUDOLF WILD GMBH & CO KG

 

 

Registered Office :

Rudolf-Wild-Str. 107-115, D 69214 Eppelheim Post Box: 10 62 20, D 69115 Heidelberg

 

 

Country :

Germany

 

 

Date of Incorporation :

10.10.1985

 

 

Legal Form :

Ltd partnership with priv. ltd. company as general partner

 

 

Line of Business :

·         Manufacture of fruit and vegetable juice

·         Wholesale of food n.e.c.

 

 

No of Employees :

1.352                                 

 

 

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.

 

 

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 & ADDRESS

 

Rudolf Wild GmbH & Co KG

 

Rudolf-Wild-Str. 107-115

D 69214 Eppelheim

Post Box:

10 62 20, D 69115 Heidelberg

Telephone:06221/7990

Telefax:  06221/799398

E-mail:   info@wild.de

 

 

Company Status    

 

Active

 

 

VAT no            

 

DE143290893

 

 

CONCLUSION

 

 Business relations are permissible.

 

 

Company details

 

 LEGAL FORM              Ltd partnership with priv. ltd. company as general partner

 Registered on:              10.10.1985

 Register of

 companies:                  Local court 68159 Mannheim

 under:                          HRA 332281

 

 Total cap. contribution:                EUR         32,071,404.00

 

 Limited partner:

                      Wild Flavors Germany Beteiligungs-GmbH

                      Rudolf-Wild-Str. 107-115

                      D 69214 Eppelheim

                      Legal form: Private limited company

                      Share capital:     EUR         10,000,000.00

                      Share:             EUR         28,864,263.60

                      Registered on: 27.09.2010

                      Reg. data: 68159 Mannheim, HRB 710224

 Limited partner:

                      Rudolf Wild Beteiligungs-GmbH

                      Rudolf-Wild-Str. 107-115

                      D 69214 Eppelheim

                      Post Box:

                      10 62 20

                      Legal form: Private limited company

                      Share capital:     EUR            255,645.94

                      Share:             EUR          3,207,140.40

                      Registered on: 02.01.1984

                      Reg. data: 68159 Mannheim, HRB 332619

 General partner:

                      Wild Flavors Verwaltungs-GmbH

                      Rudolf-Wild-Str. 107-115

                      D 69214 Eppelheim

                      Legal form: Private limited company

                      Share capital:     EUR             25,000.00

                      Registered on: 22.09.2010

                      Reg. data: 68159 Mannheim, HRB 710203

 

 Shareholder:

                      JF Vermögensverwaltungs-GmbH

                      Klopstockstr. 5

                      D 65187 Wiesbaden

                      Legal form: Private limited company

                      Share capital:     EUR             25,564.59

                      Share:             EUR             25,000.00

                      Registered on: 07.12.1994

                      Reg. data: 65189 Wiesbaden, HRB 9437

 Manager:

                      Thomas Eller

                      D 10115 Berlin

                      authorized to jointly represent the company

                      born: 12.05.1954

                      Marital status: married

 Manager:

                      Michael H. Ponder

                      USA  Erlanger, Kentucky

                      having sole power of representation

                      born: 19.06.1943

                      Nationality: USA

 Manager:

                      Markus Lotsch

                      D 69168 Wiesloch

                      born: 10.09.1971

 Manager:

                      Hans-Joachim Bohnert

                      D 76669 Bad Schönborn

                      born: 06.08.1953

 

 

COMPANY HISTORY

 

 10.10.1985 - 15.08.2008            Rudolf Wild GmbH & Co. KG

                                                Rudolf-Wild-Str. 4-6

                                                D 69214 Eppelheim

                                                Ltd partnership with priv. ltd. Company as general partner

 

 

BUSINESS ACTIVITIES

 

 Main industrial sector

10320   Manufacture of fruit and vegetable juice

46389   Wholesale of food n.e.c.

 

 Secondary industrial sector

 6420    Activities of holding companies

 

 

BRANCHES AND FACTORIES

 

 Branch:

                      Rudolf Wild GmbH & Co KG

                      Am Schlangengraben 3-5

                      D 13597 Berlin

                      TEL.: 030/33087-0

                      FAX.: 030/33087-111

 

 

 PARTICIPATIONS

 

 Shareholder:

                      INDAG Gesellschaft für Industriebedarf mit

                      beschränkter Haftung

                      Rudolf-Wild-Str. 107-115

                      D 69214 Eppelheim

                      Legal form: Private limited company

                      Company Status: in liquidation

                      since:          10.12.2012

                      Share capital:     EUR          1,022,583.76

                      Share:             EUR          1,022,583.76

                      Reg. data:  19.12.1952

                      Local court 68159 Mannheim

                      HRB 330060

 

 

FINANCIAL INFORMATION

 

 

 Payment experience:    cash discount/within agreed terms

 

 Negative information:     We have no negative information at hand.

 

                                    The maximum credit is our recommendation for

                                    the maximum credit limit for the inquired company.

 

 

REAL ESTATE

 

 Type of ownership:        Tenant

 Address                       Rudolf-Wild-Str. 107-115

                                    D 69214 Eppelheim

 

 Real Estate of:              Wild Flavors Verwaltungs-GmbH

 Type of ownership:        Tenant

 Address                       Rudolf-Wild-Str. 107-115

                                    D 69214 Eppelheim

 

 Real Estate of:              Wild Flavors Germany Beteiligungs-GmbH

 Type of ownership:        Tenant

 Address                       Rudolf-Wild-Str. 107-115

                                    D 69214 Eppelheim

 

 Real Estate of:              Rudolf Wild Beteiligungs-GmbH

 Type of ownership:        Tenant

 Address                       Rudolf-Wild-Str. 107-115

                                    D 69214 Eppelheim

 

 Land register documents were not available.

 

BANKERS

 

 COMMERZBANK, 69007 HEIDELBERG, NECKAR

 Sort. code: 67240039

 BIC: COBADEFFXXX

 COMMERZBANK VORMALS DRESDNER BANK, 69115 HEIDELBERG, NECKAR

 Sort. code: 67280051

 BIC: DRESDEFF672

 

FINANCIAL FIGURES

 

 Financial year:      01.01. - 31.12.

 The number of employees is not known.

 

This company exercises the option not to publish its balance sheet and is included in the consolidated financial statement of Wild Flavors Germany Beteiligungs-GmbH, Eppelheim.

 

 Basic data of the group 2012:                                           

 Sales:                                                  384.215.135      EUR                              

 Profit:                                       19.844.708        EUR                             

 Receivables:                             55.165.283        EUR                             

 Liabilities:                                             94.546.052        EUR                             

 Staff:                                        1.352                                 


 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs. 61.41

UK Pound

1

Rs. 103.42

Euro

1

Rs. 82.16

 

 

INFORMATION DETAILS

 

Analysis Done by :

DIV

 

 

Report Prepared by :

DPT

 

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.