|
Report Date : |
25.02.2014 |
IDENTIFICATION DETAILS
|
Name : |
KLÖCKNER PENTAPLAST GMBH |
|
|
|
|
Registered Office : |
Industriestr.
3-5, D 56412 Heiligenroth, Post Box 11 65, D 56401 Montabaur |
|
|
|
|
Country : |
Germany |
|
|
|
|
Financials (as on) : |
30.09.2012 |
|
|
|
|
Date of Incorporation : |
13.09.2001 |
|
|
|
|
Com. Reg. No.: |
Hrb 6803 |
|
|
|
|
Legal Form : |
Private Limited Company |
|
|
|
|
Line of Business : |
·
Manufacturer
of plastic plates, sheets, tubes and profiles ·
Manufacturer
of other plastic products ·
Wholesaler
of chemical products ·
Engineering
activities in the field of technical sectoral planning and engineering design |
|
|
|
|
No. of Employees |
Not Available |
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 – december 01, 2013
|
Country Name |
Previous Rating (30.09.2013) |
Current Rating (01.12.2013) |
|
Germany |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
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, 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
|
Source : CIA |
Klöckner Pentaplast GmbH
Industriestr. 3-5
D 56412 Heiligenroth
Post Box:
11 65, D 56401 Montabaur
Telephone: 02602/9150
Telefax:
02602/915297
Homepage: www.kpfilms.com
E-mail: kpinfo@kpfilms.com
active
DE253465851
Business relations are permissible.
LEGAL FORM Private
limited company
Date of foundation: 2001
Shareholders'
agreement: 31.08.2001
Registered on: 13.09.2001
Commercial Register: Local court 56410 Montabaur
under: HRB
6803
Share capital: EUR 27,000.00
KP Germany Erste GmbH
Industriestr. 3-5
D 56412 Heiligenroth
Legal form: Private limited company
Share capital: EUR 25,000.00
Share: EUR 27,000.00
Registered on: 30.11.2007
Reg. data: 56410 Montabaur, HRB 20918
Profit transfer agreement
Dr. Dieter Hesterwerth
D 48734 Reken
born: 09.01.1961
Profession: Businessman
Manager:
Dr. Karl Robert Rainer
Rothermel
D 67251 Freinsheim
born: 11.05.1961
Manager:
Stefan Brandt
D 40210 Düsseldorf
born: 30.07.1969
Marital status: unknown
Dr. Christian Holtmann
D 61462 Königstein
born: 16.04.1958
Profession: Manager
Marital status: unknown
Vice-president of the Supervisory Board:
Horst Zirkel
D 56412
Ruppach-Goldhausen
Marital status: unknown
Florian Kawohl
D 61348 Bad Homburg
Profession: Businessman
Friedel Martiny
Feldhausen 30
D 40764 Langenfeld
authorized to jointly represent the
company
born: 23.08.1947
Profession: Fully qualified social
scientist
Marital status: married
Proxy:
Sten Johan Wallgren
D 10115 Berlin
authorized to jointly
represent the company
born: 26.09.1959
Profession: Businessman
Marital status: married
Proxy:
Günther Deiringer
D 84556 Kastl
authorized to jointly
represent the company
born: 02.05.1956
Proxy:
Marc Kirchmeyer
D 65239 Hochheim
authorized to jointly
represent the company
born: 14.03.1961
Proxy:
Rüdiger Senft
D 50259 Pulheim
authorized to jointly
represent the company
born: 06.03.1967
Proxy:
Markus Fichtinger
D 65232 Taunusstein
authorized to jointly
represent the company
born: 08.08.1965
Proxy:
Achim Hummer
D 56244 Maxsain
authorized to jointly
represent the company
born: 23.09.1958
Proxy:
Marc Philipp Setzen
D 76530 Baden-Baden
authorized to jointly
represent the company
born: 27.05.1969
Proxy:
Axel Rudolph
D 65033 Wiesbaden
authorized to jointly
represent the company
born: 01.10.1954
Proxy:
Gerd Schönberger
D 84503 Altötting
authorized to jointly
represent the company
born: 26.10.1961
Proxy:
Ina Hannen
D 56249 Herschbach
authorized to jointly
represent the company
born: 27.07.1967
Proxy:
Giles Peacock
GB - Radyr/Cardiff
authorized to jointly
represent the company
born: 26.05.1969
Nationality: British
Proxy:
Charles Bächler
CH Moosseedorf
authorized to jointly
represent the company
born: 17.07.1954
Nationality: Swiss
Proxy:
Gordon Alexander
Baumeister von Bretten
D 14467 Potsdam
authorized to jointly
represent the company
born: 31.10.1972
Proxy:
Hans-Dieter Laux
D 65033 Wiesbaden
authorized to jointly
represent the company
born: 22.02.1963
Proxy:
Dr. Jürgen Bundschuh
D 84561 Mehring
authorized to jointly
represent the company
born: 27.09.1972
Further
functions/participations of Dr. Dieter Hesterwerth
(Manager)
Manager:
KP Germany Erste GmbH
Industriestr. 3-5
D 56412 Heiligenroth
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 30.11.2007
Reg. data: 56410 Montabaur, HRB 20918
Manager:
KP Holding Verwaltungs
GmbH
Industriestr. 3-5
D 56412 Heiligenroth
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 19.02.2013
Reg. data: 56410 Montabaur, HRB 23454
Further
functions/participations of Dr. Karl Robert Rainer Rothermel (Manager)
Manager:
KP Management
Participation Beteiligungs
GmbH
Industriestr. 3-5
D 56412 Heiligenroth
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 22.08.2008
Reg. data: 56410 Montabaur, HRB 21234
Manager:
Klöckner Pentaplast
Verwaltungs GmbH
Industriestr. 3-5
D 56412 Heiligenroth
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 27.12.2013
Reg. data: 56410 Montabaur, HRB 23856
Further
functions/participations of Stefan Brandt (Manager)
Manager:
KP Germany Erste GmbH
Industriestr. 3-5
D 56412 Heiligenroth
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 30.11.2007
Reg. data: 56410 Montabaur, HRB 20918
Manager:
KP Holding Verwaltungs
GmbH
Industriestr. 3-5
D 56412 Heiligenroth
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 19.02.2013
Reg. data: 56410 Montabaur, HRB 23454
Manager:
Klöckner Pentaplast
Verwaltungs GmbH
Industriestr. 3-5
D 56412 Heiligenroth
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 27.12.2013
Reg. data: 56410 Montabaur, HRB 23856
13.09.2001 - 15.10.2004 kp Klöckner Pentaplast Verwaltungs GmbH
Industriestr. 3
D 56412 Heiligenroth
Private limited
company
16.10.2004 - 01.03.2013 Klöckner Pentaplast Kapital GmbH
Industriestr. 3-5
D 56412 Heiligenroth
Private limited
company
10.06.2011 - 01.03.2013 Manager
Dr. Christian
Holtmann
D 61462 Königstein
19.11.2008 - 01.03.2013 Manager
Dr. Markus Hölzl
D 81827 München
09.10.2008 - 25.07.2012 Manager
Dr. Hans-Joachim
Kogelnik
D 51427 Bergisch
Gladbach
Main industrial sector
·
2221 Manufacture of plastic plates, sheets,
tubes and profiles
·
22290 Manufacture of other plastic products
·
4675 Wholesale of chemical products
·
71122 Engineering activities in the field of technical
sectoral planning andengineering design
General
partner:
Klöckner Pentaplast
Europe GmbH & Co. KG
Industriestr. 3-5
D 56412 Heiligenroth
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Company Status: active
Total cap. EUR 1.00
contribution:
Reg. data: 17.12.2013
Local court
56410 Montabaur
HRA 21471
Shareholder:
Klöckner Pentaplast
Verwaltungs GmbH
Industriestr. 3-5
D 56412 Heiligenroth
Legal form: Private
limited company
Company Status: active
Share capital: EUR 25,000.00
Share: EUR 25,000.00
Reg. data: 27.12.2013
Local court
56410 Montabaur
HRB 23856
Payment experience: within agreed terms
Negative information: We have no negative information at hand.
Balance sheet year: 2011/2012
Type of ownership: Tenant
Address Industriestr.
3-5
D 56412 Heiligenroth
Real Estate of: Stefan
Brandt
Type
of ownership: unknown
Address Bruderstr.
4
D 80538 München
Land register documents were not
available.
DEUTSCHE BANK, 56005 KOBLENZ AM RHEIN
Sort. code: 57070045
BIC: DEUTDE5M570
Ac/ts receivable: EUR 515,748.00
Liabilities: EUR 6,119.00
The
number of employees is not known.
Profit
transfer agreement to:
KP Germany Erste GmbH
Industriestr. 3-5
D 56412 Heiligenroth
Balance sheet ratios 01.10.2011 - 30.09.2012
Equity ratio [%]: 99.99
Liquidity ratio: 10.00
Balance sheet ratios 01.10.2010 - 30.09.2011
Equity ratio [%]: 98.83
Liquidity ratio: 0.03
Balance sheet ratios 01.10.2009 - 30.09.2010
Equity ratio [%]: 87.07
Balance sheet ratios 01.10.2008 - 30.09.2009
Equity ratio [%]: 87.98
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.
Type of balance
sheet: Company balance sheet
Financial year: 01.10.2011 - 30.09.2012
ASSETS EUR 223,316,028.18
Fixed assets
EUR 222,799,298.57
Financial assets
EUR 222,799,298.57
Other / unspecified financial assets EUR 222,799,298.57
Current assets
EUR 516,729.61
Accounts receivable
EUR 515,747.72
Other debtors and assets
EUR 515,747.72
Liquid means
EUR 981.89
LIABILITIES EUR 223,316,028.18
Shareholders' equity
EUR 223,290,809.32
Capital
EUR 26,000.00
Subscribed capital (share capital)
EUR 26,000.00
Reserves
EUR 88,360,000.00
Capital reserves
EUR 88,360,000.00
Balance sheet profit/loss (+/-)
EUR 134,904,809.32
Balance sheet profit / loss
EUR 134,904,809.32
Provisions
EUR 19,100.00
Liabilities
EUR 6,118.86
Other liabilities
EUR 6,118.86
Unspecified other liabilities
EUR 6,118.86
Type
of balance
sheet: Company balance sheet
Financial year: 01.10.2010 - 30.09.2011
ASSETS EUR 225,890,206.71
Fixed assets
EUR 222,799,298.57
Financial assets
EUR 222,799,298.57
Other / unspecified financial assets EUR 222,799,298.57
Current assets
EUR 3,090,908.14
Accounts receivable
EUR 3,081,580.02
Other debtors and assets
EUR 3,081,580.02
Liquid means
EUR 9,328.12
LIABILITIES EUR 225,890,206.71
Shareholders' equity
EUR 223,290,809.32
Capital
EUR 26,000.00
Subscribed capital (share capital)
EUR 26,000.00
Reserves EUR 88,360,000.00
Capital reserves
EUR 88,360,000.00
Balance sheet profit/loss (+/-)
EUR 134,904,809.32
Balance sheet profit / loss
EUR 134,904,809.32
Provisions EUR 16,900.00
Liabilities
EUR 2,582,497.39
Other liabilities
EUR 2,582,497.39
Unspecified other liabilities
EUR 2,582,497.39
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.12 |
|
UK Pound |
1 |
Rs.103.38 |
|
Euro |
1 |
Rs.85.32 |
INFORMATION DETAILS
|
Report Prepared
by : |
MNL |
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.