|
Report Date : |
13.08.2014 |
IDENTIFICATION DETAILS
|
Name : |
SCHÄFER + PETERS
GMBH |
|
|
|
|
Registered Office : |
Zeilbaumweg 32, D 74613 Öhringen |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2012 |
|
|
|
|
Date of Incorporation : |
13.07.1982 |
|
|
|
|
Com. Reg. No.: |
HRB 580350 |
|
|
|
|
Legal Form : |
Private Limited Company |
|
|
|
|
Line of Business : |
·
Manufacturer
of fasteners and screw machine products Agents involved in the
sale of iron, metal and plastic goods |
|
|
|
|
No of Employees : |
189 |
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 – 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 |
|
Restricted |
C2 |
|
Off-credit |
D |
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 |
Schäfer + Peters GmbH
Zeilbaumweg 32
D 74613 Öhringen
Telephone: 07941/60940
Telefax: 07941/6094700
Homepage: www.schaefer-peters.com
E-mail: info@schaefer-peters.com
active
DE146288880
Business relations are permissible.
LEGAL FORM Private
limited company
Date of foundation: 1982
Registered on: 13.07.1982
Commercial Register: Local
court 70190 Stuttgart
under: HRB 580350
Share capital:
EUR 1,000,000.00
S + P Holding GmbH
Zeilbaumweg 32
D 74613 Öhringen
Legal form: Private limited company
Share capital: EUR 25,000.00
Share: EUR 1,000,000.00
Registered on: 26.09.2001
Reg. data: 70190 Stuttgart, HRB 581013
Gerhard Schäfer
Linckestr. 10
D 74629 Pfedelbach
having sole power of representation
born: 29.11.1946
Profession: Industrial manager
Marital status: married
Manager:
Helmut
Peters
Bügenstegener Weg 5
D 74523 Schwäbisch Hall
having
sole power of representation
born:
01.02.1956
Profession: Businessman
Marital status: married
Reinhold Eugen Wirth
D 74613 Öhringen
authorized to jointly represent the company
born: 12.04.1964
Marital status: unknown
Further
functions/participations of Gerhard Schäfer (Manager)
Limited partner:
Energiepark Neuhardenberg GmbH & Co. KG
Zeilbaumweg 32
D
74613 Öhringen
Legal
form: Ltd partnership with priv. ltd.
company as general partner
Total
cap. EUR 2,000,000.00
contribution:
Share: EUR 1,000,000.00
Registered
on: 19.03.2013
Reg.
data: 70190 Stuttgart, HRA 728475
Limited partner:
Markus
Verwaltungs-GmbH & Co. KG
Linckestr. 10
D
74629 Pfedelbach
Legal
form: Ltd partnership with priv. ltd.
company as general partner
Total
cap. EUR 1,000,000.00
contribution:
Share: EUR 700,000.00
Registered
on: 18.12.2006
Reg.
data: 70190 Stuttgart, HRA 720735
Limited partner:
Reederei MS "MAGELLAN PLANET" Schiffahrts
GmbH
& Co. KG
An der
Werft 2
D 21680
Stade
Legal
form: Ltd partnership with priv. ltd.
company as general partner
Total
cap. EUR 6,100,000.00
contribution:
Share: EUR 250,000.00
Registered
on: 20.07.2012
Reg.
data: 21255 Tostedt, HRA 202256
Shareholder:
Markus
Beteiligungs-GmbH
Linckestr. 10
D
74629 Pfedelbach
Legal
form: Private limited company
Share
capital: EUR 25,000.00
Share: EUR 25,000.00
Registered
on: 18.12.2006
Reg.
data: 70190 Stuttgart, HRB 721701
Shareholder:
S+P
Neuhardenberg Verwaltungs GmbH
Zeilbaumweg 32
D
74613 Öhringen
Legal
form: Private limited company
Share
capital: EUR 25,000.00
Share: EUR 12,500.00
Registered
on: 17.12.2012
Reg.
data: 70190 Stuttgart, HRB 743387
Shareholder:
S + P
Holding GmbH
Zeilbaumweg 32
D
74613 Öhringen
Legal form: Private limited
company
Share
capital: EUR 25,000.00
Share: EUR 12,500.00
Registered
on: 26.09.2001
Reg.
data: 70190 Stuttgart, HRB 581013
Manager:
OVT
Oberflächen- und Verpackungstechnik GmbH
Kirschfeldstr. 23
D
74629 Pfedelbach
Legal form:
Private limited company
Share
capital: EUR 102,300.00
Registered
on: 31.07.2001
Reg.
data: 70190 Stuttgart, HRB 581009
Manager:
Marinetech Edelstahlhandel
Beteiligungs-GmbH
Am
Rönnebecker Hain 6
D
28777 Bremen
Legal
form: Private limited company
Share
capital: EUR 26,000.00
Registered
on: 02.02.1993
Reg.
data: 28195 Bremen, HRB 14677
Manager:
fusconic Verwaltungs GmbH
Zeilbaumweg 32
D 74613 Öhringen
Legal
form: Private limited company
Share
capital: EUR 26,000.00
Registered
on: 17.11.1997
Reg.
data: 70190 Stuttgart, HRB 580864
Manager:
S+P
Neuhardenberg Verwaltungs GmbH
Zeilbaumweg 32
D
74613 Öhringen
Legal
form: Private limited company
Share
capital: EUR 25,000.00
Registered
on: 17.12.2012
Reg.
data: 70190 Stuttgart, HRB 743387
Manager:
UW
Gottesgabe Süd Verwaltungs GmbH
Mies-van-der-Rohe-Str. 6
D
80807 München
Legal
form: Private limited company
Share
capital: EUR 25,000.00
Registered
on:
26.10.2012
Reg.
data: 80333 München, HRB 201584
Manager:
S + P
Holding GmbH
Zeilbaumweg 32
D
74613 Öhringen
Legal
form: Private limited company
Share
capital: EUR 25,000.00
Registered
on: 26.09.2001
Reg.
data: 70190 Stuttgart, HRB 581013
Manager:
Markus
Beteiligungs-GmbH
Linckestr. 10
D
74629 Pfedelbach
Legal
form: Private limited company
Share
capital: EUR 25,000.00
Registered
on: 18.12.2006
Reg.
data: 70190 Stuttgart, HRB 721701
Proxy:
Schäfer Real Estate GmbH
Christian-Schöck-Str. 41/3
D
74613 Öhringen
Legal
form: Private limited company
Share
capital: EUR 200,000.00
Registered
on: 15.09.2011
Reg.
data: 70190 Stuttgart, HRB 738750
1982 - 1985 Schäfer
+ Peters GmbH
Ulandstr. 18
D 74613 Öhringen
Private limited
company
1986 - 31.12.1991 Schäfer + Peters GmbH
Stettiner Str. 27
D 74613 Öhringen
Private limited
company
Main industrial sector
2594 Manufacturer of
fasteners and screw machine products
Secondary industrial sector
46154 Agents involved in the sale of iron, metal
and plastic goods n.e.c.
Payment
experience: cash discount/within
agreed terms
Negative
information: We have no negative
information at hand.
Balance
sheet year: 2012
Type of ownership: part
owner
Share: 50.00 %
Address Zeilbaumweg
32
D 74613 Öhringen
Real Estate of: Gerhard
Schäfer
Type of ownership: proprietor
Share: 100.00
%
Address Linckestr.
10
D 74629 Pfedelbach
Real Estate of: Helmut
Peters
Type of ownership: proprietor
Share: 100.00 %
Address Bügenstegener
Weg 5
D 74523 Schwäbisch Hall
Land register documents were not available.
BADEN-WÜRTTEMBERGISCHE BANK/LANDESBANK BADEN-WÜRTTEMBERG, 74613
ÖHRINGEN
Sort. code: 60050101
BIC: SOLADEST600
SPARKASSE HOHENLOHEKREIS, 74613 ÖHRINGEN
Sort. code: 62251550
BIC: SOLADES1KUN
COMMERZBANK, 74004 HEILBRONN, NECKAR
Sort. code: 62040060
BIC: COBADEFFXXX
Turnover: 2012 EUR 136,825,299.00
Profit: 2012 EUR 10,950,243.00
Equipment: EUR 1,222,884.00
Ac/ts receivable: EUR 41,972,391.00
Liabilities: EUR 16,707,553.00
Employees: 189
-
thereof permanent staff: 169
-
Trainees:
20
Balance sheet ratios 01.01.2012 - 31.12.2012
Equity ratio [%]: 69.62
Liquidity ratio: 10.00
Return on total capital [%]: 10.42
Balance sheet ratios 01.01.2011 - 31.12.2011
Equity ratio [%]: 79.86
Liquidity ratio: 10.00
Return on total capital [%]: 15.48
Balance sheet ratios 01.01.2010 - 31.12.2010
Equity ratio [%]: 68.31
Liquidity ratio: 1.85
Return on total capital [%]: 9.44
Balance sheet ratios 01.01.2009 - 31.12.2009
Equity ratio [%]: 70.09
Liquidity ratio: 3.19
Return on total capital [%]: 18.93
Equity ratio
The equity ratio
indicates the portion of the equity as compared
to the total
capital. The higher the equity ratio, the better the
economic stability
(solvency) and thus the financial autonomy of
a company.
Liquidity ratio
The liquidity
ratio shows the proportion between adjusted
receivables and
net liabilities. The higher the ratio, the lower
the company's
financial dependancy from external creditors.
Return on total capital
The return on
total capital shows the efficiency and return on
the total capital
employed in the company. The higher the return
on total capital,
the more economically does the company work
with the invested
capital.
Type of balance
sheet: Company balance sheet
Financial year: 01.01.2012 - 31.12.2012
ASSETS EUR 105,105,626.69
Fixed assets
EUR 14,863,249.24
Intangible assets
EUR 11,080.00
Concessions, licences, rights
EUR 11,080.00
Tangible assets
EUR 14,851,218.52
Land / similar rights
EUR 13,213,646.38
Plant / machinery EUR 414,688.00
Other tangible assets / fixtures and
fittings
EUR 1,222,884.14
Financial assets
EUR 950.72
Securities
included in fixed assets EUR 950.72
Current assets
EUR 90,071,696.02
Stocks
EUR 35,279,002.97
Finished goods / work in progress
EUR 31,453,146.63
Advance payments made
EUR 3,825,856.34
Accounts receivable
EUR 41,972,391.49
Trade debtors
EUR 11,928,869.14
Amounts due from related companies
EUR 206,262.42
Other debtors and assets
EUR 29,837,259.93
Liquid means
EUR 12,820,301.56
Remaining other assets
EUR 170,681.43
Accruals (assets) EUR 170,681.43
LIABILITIES EUR 105,105,626.69
Shareholders' equity
EUR 72,689,104.70
Capital
EUR 1,000,000.00
Subscribed capital (share capital)
EUR 1,000,000.00
Reserves
EUR 39,000,000.00
Retained earnings / revenue reserves EUR 39,000,000.00
Balance sheet profit/loss (+/-)
EUR 32,689,104.70
Balance sheet profit / loss
EUR 32,689,104.70
Provisions
EUR 15,708,969.00
Pension provisions and comparable
provisions
EUR 3,820,429.00
Provisions for taxes EUR 1,227,440.00
Other / unspecified provisions
EUR 10,661,100.00
Liabilities
EUR 16,707,552.99
Other liabilities
EUR 16,707,552.99
Trade
creditors (for IAS incl. bills
of exchange)
EUR 2,295,677.09
Liabilities due to shareholders
EUR 480,472.32
Unspecified other liabilities
EUR 13,931,403.58
PROFIT AND LOSS ACCOUNT (cost-summary method)
according to Comm.
Code
(HGB)
Sales
EUR 136,825,299.35
Other operating income
EUR 5,264,137.22
Cost of materials
EUR 101,785,034.21
Raw materials and supplies, purchased
goods
EUR 101,604,987.13
Purchased services
EUR 180,047.08
Gross result (+/-)
EUR 40,304,402.36
Staff expenses
EUR 11,440,445.94
Wages and salaries
EUR 9,914,947.34
Social security contributions and
expenses for pension plans and
benefits
EUR 1,525,498.60
Total depreciation
EUR 1,922,938.64
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus.
EUR 1,010,994.18
Depreciation on current assets (+/-)
EUR 911,944.46
Other operating expenses
EUR 11,608,766.54
Operating result from continuing
operations
EUR 15,332,251.24
Interest result (+/-)
EUR 255,364.01
Interest and similar income
EUR 703,216.50
Interest and similar expenses
EUR 447,852.49
Other financial result
EUR -53.65
Depreciation on financial assets and
marketable securities EUR 53.65
Financial result (+/-)
EUR 255,310.36
Result from ordinary operations (+/-)
EUR 15,587,561.60
Income tax / refund of income tax (+/-)EUR -4,503,107.77
Other taxes / refund of taxes
EUR -134,210.63
Tax
(+/-)
EUR -4,637,318.40
Annual surplus / annual deficit
EUR 10,950,243.20
Type
of balance
sheet: Company balance sheet
Financial year: 01.01.2011 - 31.12.2011
ASSETS EUR 90,427,251.56
Fixed assets
EUR 15,643,079.80
Intangible assets
EUR 43,443.00
Concessions, licences, rights
EUR 43,443.00
Tangible assets
EUR 15,598,669.43
Land / similar rights
EUR 13,723,051.90
Plant / machinery
EUR 459,850.00
Other tangible assets / fixtures and
fittings
EUR 1,415,767.53
Financial assets
EUR 967.37
Securities included in fixed assets
EUR 967.37
Current assets
EUR 74,637,619.92
Stocks
EUR 35,744,995.39
Finished goods / work in progress
EUR 30,958,000.00
Advance payments made
EUR 4,786,995.39
Accounts receivable
EUR 23,474,866.67
Trade debtors
EUR 11,328,659.26
Amounts due from related companies
EUR 369,365.61
Other debtors and assets EUR 11,776,841.80
Liquid means
EUR 15,417,757.86
Remaining other assets
EUR 146,551.84
Accruals (assets)
EUR 146,551.84
LIABILITIES EUR 90,427,251.56
Shareholders' equity
EUR 71,738,861.50
Capital
EUR 1,000,000.00
Subscribed capital (share capital)
EUR 1,000,000.00
Reserves
EUR 39,000,000.00
Retained earnings / revenue reserves EUR 39,000,000.00
Balance sheet profit/loss (+/-)
EUR 31,738,861.50
Balance sheet profit / loss
EUR 31,738,861.50
Provisions
EUR 7,633,829.00
Pension provisions and comparable
provisions
EUR 3,645,029.00
Other / unspecified provisions
EUR 3,988,800.00
Liabilities EUR 11,054,561.06
Other liabilities
EUR 11,054,561.06
Trade creditors (for IAS incl. bills
of exchange)
EUR 1,277,052.62
Liabililties due to related companiesEUR 474,866.79
Unspecified other liabilities
EUR 9,302,641.65
Guarantees and other commitments
EUR 70,950,000.00
Sureties / lendings of
creditworthiness
EUR 70,950,000.00
PROFIT AND LOSS ACCOUNT (cost-summary method)
according to Comm.
Code
(HGB)
Sales
EUR 139,210,686.30
Other operating income
EUR 9,504,659.82
Cost of materials EUR 100,671,699.55
Raw materials and supplies, purchased
goods
EUR 100,355,370.07
Purchased services
EUR 316,329.48
Gross result (+/-)
EUR 48,043,646.57
Staff expenses
EUR 11,273,887.58
Wages and salaries
EUR 9,631,025.75
Social security contributions and
expenses for pension plans and
benefits EUR 1,642,861.83
Total depreciation
EUR 5,187,123.29
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus.
EUR 1,087,123.29
Depreciation on current assets (+/-) EUR
4,100,000.00
Other operating expenses
EUR 12,501,944.98
Operating result from continuing
operations
EUR 19,080,690.72
Interest result (+/-)
EUR 399,780.91
Interest and similar income
EUR 942,864.56
Interest and similar expenses
EUR 543,083.65
Other financial result
EUR -117.60
Depreciation
on financial assets and
marketable securities
EUR 117.60
Financial result (+/-)
EUR 399,663.31
Result from ordinary operations (+/-)
EUR 19,480,354.03
Income tax / refund of income tax (+/-)EUR -5,436,672.00
Other taxes / refund of taxes
EUR -46,175.70
Tax
(+/-)
EUR -5,482,847.70
Annual surplus / annual deficit
EUR 13,997,506.33
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.18 |
|
UK Pound |
1 |
Rs.102.56 |
|
Euro |
1 |
Rs.81.78 |
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
|
|
|
|
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.