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Report Date : |
12.02.2014 |
IDENTIFICATION DETAILS
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Name : |
BLÖCKER
GRAPHISCHE MASCHINEN GESELLSCHAFT MIT BESCHRÄNKTER HAFTUNG |
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Registered Office : |
Chromstr. 122 D 33415 Verl |
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Country : |
Germany |
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Financials (as on) : |
31.12.2012 |
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Date of Incorporation : |
02.03.1988 |
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Legal Form : |
Private
limited company |
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Line of Business : |
Wholesale
of other equipment and accessories for machinery and technical supplies |
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No. of Employees : |
10 |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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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 – September 30, 2013
|
Country Name |
Previous Rating (30.06.2013) |
Current Rating (30.09.2013) |
|
Germany |
A1 |
A1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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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, contributed to strong growth in 2006 and 2007 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 6.5% in 2012. GDP contracted 5.1% in 2009 but grew by 4.2% in 2010, and 3.0% in 2011, before dipping to 0.7% in 2012 - a reflection of low investment spending due to crisis-induced uncertainty and the decreased demand for German exports from recession-stricken periphery countries. 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. 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. By 2014, the federal government wants to balance its budget. 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
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Source
: CIA |
BLÖCKER GRAPHISCHE MASCHINEN
GESELLSCHAFT MIT BESCHRÄNKTER HAFTUNG
Company Status: active
Chromstr. 122
D 33415 Verl
Telephone:05246/9243-0
Telefax: 05246/9243-21
Homepage: www.bloecker.com
E-mail: info@bloecker.com
VAT no.:
DE126785936
Business relations are permissible.
LEGAL FORM Private limited company
Date of foundation: 15.02.1988
Shareholders'
agreement: 15.02.1988
Registered on: 02.03.1988
Commercial
Register: Local court 33330 Gütersloh under: HRB 2351
Share capital: EUR 30,000.00
Shareholder:
Horst Blöcker
Cheruskerstr. 3
D 33415 Verl
born: 17.02.1940
Share: EUR 15,000.00
Shareholder:
Marlies Blöcker
Cheruskerstr. 3
D 33415 Verl
born: 31.03.1948
née: Böse
Share: EUR 7,200.00
Shareholder:
Henning Blöcker
Lehrenkamp 21
D 33415 Verl
born: 26.01.1973
Share: EUR 3,900.00
Shareholder:
Martin Blöcker
Cheruskerstr. 3
D 33415 Verl
born: 21.07.1976
Share: EUR 3,900.00
Manager:
Horst Blöcker
Cheruskerstr. 3
D 33415 Verl
having sole power of
representation
born: 17.02.1940
Profession: Mechanical
engineer
Marital status: married
Proxy:
Henning Blöcker
Lehrenkamp 21
D 33415 Verl
having sole power of
representation
born: 26.01.1973
Proxy:
Martin Blöcker
Cheruskerstr. 3
D 33415 Verl
having sole power of
representation
born: 21.07.1976
Further functions/participations of Horst
Blöcker (Manager)
General partner:
Horst Blöcker, Henning
Blöckerund Martin
Blöcker
Westfalenweg 46
D 33415 Verl
Legal form: Partnership
under the Civil Code
02.03.1988 - 12.10.2010 Blöcker Graphische Maschinen GmbH
Westfalenweg 46
D 33415 Verl
Private limited
company
Main industrial sector
46692
Wholesale of other machinery
46693 Wholesale of other equipment and accessories
for machinery and technical supplies
General partner:
Miss Tom OHG
Chromstr. 12
D 33415 Verl
Legal form: General
Partnership
Company Status: in
liquidation
since: 20.09.2012
Reg. data: 25.10.1999
Local court
33330 Gütersloh
HRA 4126
Payment
experience: within agreed terms
Negative information: We have no negative
information at hand.
BALANCE SHEET YEAR: 2012
Type of ownership: Tenant
Address Chromstr.
122
D 33415 Verl
Real Estate of: Horst
Blöcker
Type of ownership: proprietor
Share:
100.00 %
Address Westfalenweg
46
D 33415 Verl
Real Estate of: Horst
Blöcker
Type of ownership: part
owner
Share: 50.00 %
Address Cheruskerstr.
3
D 33415 Verl
Real Estate of: Horst
Blöcker
Type of ownership: proprietor
Share: 100.00 %
Address Sender
Str. 20
D 33415 Verl
Land register documents were not available.
COMMERZBANK, 33244 GÜTERSLOH
Sort. code: 47840065
BIC: COBADEFF478
VOLKSBANK GÜTERSLOH, 33262 GÜTERSLOH
Sort. code: 47860125
BIC: GENODEM1GTL
Turnover: 2013 EUR 2,058,000.00
Equipment: EUR
108,000.00
Ac/ts receivable: EUR 373,049.00
Liabilities: EUR 569,204.00
Employees: 10
- thereof permanent staff: 10
Balance sheet ratios 01.01.2012 - 31.12.2012
Equity ratio [%]: 8.18
Liquidity ratio: 0.66
Return on total capital [%]: 1.88
Balance sheet ratios 01.01.2011 - 31.12.2011
Equity ratio [%]: 3.45
Liquidity ratio: 0.67
Return on total capital [%]: 0.32
Balance sheet ratios 01.01.2010 - 31.12.2010
Equity ratio [%]: 5.65
Liquidity ratio: 0.79
Return on total capital [%]: 0.17
Balance sheet ratios 01.01.2009 - 31.12.2009
Equity ratio [%]: 31.66
Liquidity ratio: 4.30
Return on total capital [%]: 2.85
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 1,216,452.46
Fixed assets EUR 188,689.45
Intangible assets EUR
1,765.00
Tangible assets EUR
167,251.00
Financial assets EUR
19,673.45
Other / unspecified financial assets EUR
19,673.45
Current assets EUR 1,026,059.02
Stocks EUR 650,338.44
Accounts receivable EUR
373,048.85
Liquid means EUR 2,671.73
Remaining other assets EUR 1,703.99
Accruals (assets) EUR
1,703.99
LIABILITIES EUR 1,216,452.46
Shareholders' equity EUR
100,300.49
Capital EUR 30,000.00
Subscribed capital (share capital) EUR 30,000.00
Balance sheet profit/loss (+/-) EUR 70,300.49
Balance sheet profit / loss EUR 70,300.49
Provisions
EUR
545,744.38
Liabilities EUR 569,203.59
Other liabilities EUR
1,204.00
Deferred taxes (not included under
provisions/liabilities) EUR 1,204.00
Type of balance sheet: Company balance sheet
Financial year: 01.01.2011
- 31.12.2011
ASSETS EUR 2,205,044.93
Fixed assets EUR 167,676.45
Intangible assets EUR
2,728.00
Other / unspecified intangible assets EUR
2,728.00
Tangible assets EUR
145,275.00
Other / unspecified tangible assets EUR
145,275.00
Financial assets EUR
19,673.45
Other / unspecified financial assets EUR
19,673.45
Current assets EUR 2,022,446.11
Stocks EUR 968,653.28
Accounts receivable EUR
1,006,539.98
Other debtors and assets EUR 1,006,539.98
Liquid means EUR 47,252.85
Remaining other assets EUR 14,922.37
Accruals (assets) EUR
14,922.37
LIABILITIES EUR 2,205,044.93
Shareholders' equity EUR 77,446.04
Capital EUR 30,000.00
Subscribed capital (share capital) EUR 30,000.00
Balance sheet profit/loss (+/-) EUR 47,446.04
Balance sheet profit / loss EUR 47,446.04
Provisions
EUR 571,229.92
Liabilities EUR 1,555,164.97
Other liabilities EUR
1,555,164.97
Unspecified other liabilities EUR 1,555,164.97
Other liabilities EUR 1,204.00
Deferred taxes (not included under
provisions/liabilities) EUR 1,204.00
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.44 |
|
|
1 |
Rs.102.48 |
|
Euro |
1 |
Rs.84.28 |
INFORMATION DETAILS
|
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 |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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-- |
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.