MIRA INFORM REPORT

 

 

Report Date :

08.01.2014

 

IDENTIFICATION DETAILS

 

Name :

WAGENER & SIMON WASI GMBH & CO. KG

 

 

Registered Office :

Emil-Wagener-Str. 1, D 42289 Wuppertal, Post Box 24 04 20

 

 

Country :

Germany

 

 

Date of Incorporation :

20.02.1962

 

 

Com. Reg. No.:

HRA 14011

 

 

Legal Form :

Ltd partnership with priv. ltd. company as general partner

 

 

Line of Business :

Wholesaler of tools and hardware

 

 

No. of Employees :

265

 

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 – September 30, 2013

 

Country Name

Previous Rating

(30.06.2013)

Current Rating

(30.09.2013)

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


Compmant name & address

 

Wagener & Simon WASI GmbH & Co. KG

 

Emil-Wagener-Str. 1

D 42289 Wuppertal

Post Box: 24 04 20

Telephone:        0202/2632-0

Telefax:             0202/2632-407

Homepage:        www.wasi.de

E-mail:              info@wasi.de

 

 

VAT no

 

DE146280140

 

 

Company Status

 

active

 

 

CONCLUSION

 

Business relations are permissible.

 

 

Synthesis

 

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

Registered on:               20.02.1962

Register of

companies:                   Local court 42103 Wuppertal

under:                                       HRA 14011

Total cap. contribution:  EUR             13,547.96

 

 


Limited partner

 

Wagener & Simon Beteiligungs GmbH

Emil-Wagener-Str. 1

D 42289 Wuppertal

Legal form: Private limited company

Share capital:     EUR             25,564.59

Share:             EUR             13,547.96

Registered on: 23.12.1975

Reg. data: 42103 Wuppertal, HRB 4417

 

General partner

 

Adolf Würth GmbH & Co. KG

Reinhold-Würth-Str. 12-17

D 74653 Künzelsau

Legal form: Ltd partnership with priv. ltd.

company as general partner

Total cap.         EUR        300,000,000.00

contribution:

Registered on: 26.08.1963

Reg. data: 70190 Stuttgart, HRA 590261

 

General partner:

                      Würth -Verwaltungsgesellschaft mbH

                      Reinhold-Würth-Str. 12-17

                      D 74653 Künzelsau

                      Legal form: Private limited company

                      Share capital:     EUR             25,564.59

                      Registered on: 21.11.1972

                      Reg. data: 70190 Stuttgart, HRB 590135

 

Limited partner

 

Bettina Würth Familienstiftung

D 79098 Freiburg

Legal form: Private law foundation

Share:             EUR         75,000,000.00

 

 Limited partner:

                      Carmen Würth-Familienstiftung

                      D 74676 Niedernhall

                      Legal form: Private law foundation

                      Share:             EUR         75,000,000.00

 Limited partner:

                      Markus Würth Familienstiftung

                      D 76228 Karlsruhe

                      Legal form: Private law foundation

                      Share:             EUR         75,000,000.00

 

 Limited partner:

                      Marion Würth Familienstiftung

                      D 72760 Reutlingen

                      Legal form: Private law foundation

                      Share:             EUR         75,000,000.00

                      Reg. data: 70190 Stuttgart,

 

Proxy

 

Ursula Küblbeck

Sternwiesen 54

D 74653 Künzelsau

authorized to jointly represent the company

born: 03.09.1948

Profession: Businessman

Marital status: married

 

 Proxy:

                      Dieter Gräter

                      Sternwiesen 24

                      D 74653 Künzelsau

                      authorized to jointly represent the company

                      born: 05.10.1950

                      Profession: Businessman

 Proxy:

                      Siegfried Humm

                      D 74214 Schöntal

                      authorized to jointly represent the company

                      born: 03.05.1954

 Proxy:

                      Sylvia Weber

                      D 74523 Schwäbisch Hall

                      authorized to jointly represent the company

                      born: 06.02.1961

                      née: Schreiber

                      Profession: Businessman

                      Marital status: married

 Proxy:

                      Jörg Becker

                      D 74523 Schwäbisch Hall

                      authorized to jointly represent the company

                      born: 30.12.1964

 Proxy:

                      Dr. Beate Elsen-Schwedler

                      D 74542 Braunsbach

                      authorized to jointly represent the company

                      born: 15.04.1961

 Proxy:

                      Torsten Elias

                      D 32457 Porta Westfalica

                      authorized to jointly represent the company

                      born: 14.09.1965

 Proxy:

                      Jürgen Häckel

                      D 74635 Kupferzell

                      authorized to jointly represent the company

                      born: 10.04.1957

 Proxy:

                      Marco Candido

                      D 74532 Ilshofen

                      authorized to jointly represent the company

                      born: 18.10.1972

 Proxy:

                      Rainer Brandtner

                      D 74523 Schwäbisch Hall

                      authorized to jointly represent the company

                      born: 30.05.1971

 Proxy:

                      Willy Jagdt

                      D 74629 Pfedelbach

                      authorized to jointly represent the company

 Proxy:

                      Dieter Münch

                      D 74238 Krautheim

                      authorized to jointly represent the company

                      born: 29.12.1955

 Proxy:

                      Markus Schäfer

                      D 71155 Altdorf

                      authorized to jointly represent the company

                      born: 19.08.1969

 Proxy:

                      Richard Wunderlich

                      D 73571 Göggingen

                      authorized to jointly represent the company

                      born: 07.10.1956

 Proxy:

                      Hans Peter Trehkopf

                      D 97980 Bad Mergentheim

                      authorized to jointly represent the company

                      born: 21.03.1967

 Proxy:

                      Dr. Siegfried Beichter

                      D 68723 Schwetzingen

                      authorized to jointly represent the company

                      born: 16.02.1961

 Proxy:

                      Claus Martin Jarisch

                      D 42103 Wuppertal

                      authorized to jointly represent the company

                      born: 29.06.1958

 Proxy:

                      Ulrich Steiner

                      I  Bozen

                      authorized to jointly represent the company

                      born: 06.02.1965

                      Nationality: Italian

 Proxy:

                      Karlheinz Schreiber

                      D 63820 Elsenfeld

                      authorized to jointly represent the company

                      born: 05.04.1962

 

Further functions/participations of Adolf Würth GmbH & Co. KG (General partner)

 

 General partner:

                      Hetal Werke Franz Hettich GmbH & Co. KG

                      Freudenstädter Str. 30

                      D 72275 Alpirsbach

                      Legal form: Ltd partnership with priv. ltd.

                                  company as general partner

                      Total cap.         EUR          9,432,500.00

                      contribution:

                      Registered

                      on:         03.01.2007

                      Reg. data:  70190 Stuttgart, HRA 430216

 General partner:

                      SILANUS Grundstücks-Vermietungsgesellschaft

                      mbH & Co. Objekt Waldenburg OHG

                      Ulmer Str. 123

                      D 73037 Göppingen

                      Legal form: General partnership with private

                                  limited company as partner

                      Registered

                      on:         07.03.2007

                      Reg. data:  89073 Ulm, HRA 720390

 General partner:

                      Grundstücksgesellschaft

                      Berlin/Chemnitz/Erfurt

                      Maienweg 10

                      D 74653 Künzelsau

                      Legal form: Partnership under the Civil Code

 General partner:

                      Schössmetall GmbH & Co. KG

                      Pommernstr. 14

                      D 83395 Freilassing

                      Post Box:

                      16 49, D 83383 Freilassing

                      Legal form: Ltd partnership with priv. ltd.

                                  company as general partner

                      Total cap.         EUR             29,601.00

                      contribution:

                      Registered

                      on:         27.10.2000

                      Reg. data:  83278 Traunstein, HRA 7319

 General partner:

                      Swiridoff Verlag GmbH & Co. KG

                      Goethestr. 14

                      D 74653 Künzelsau

                      Legal form: Ltd partnership with priv. ltd.

                                  company as general partner

                      Total cap.         EUR              2,090.00

                      contribution:

                      Registered

                      on:         26.05.1999

                      Reg. data:  70190 Stuttgart, HRA 590507

 General partner:

                      Glessdox GmbH & Co. KG

                      Öhringer Str. 50

                      D 74632 Neuenstein

                      Legal form: Ltd partnership with priv. ltd.

                                  company as general partner

                      Total cap.         EUR              6,454.00

                      contribution:

                      Registered

                      on:         26.06.2009

                      Reg. data:  70190 Stuttgart, HRA 724140

 Limited partner:

                      Würth Leasing GmbH & Co.KG

                      Ulmer Str. 123

                      D 73037 Göppingen

                      Legal form: Ltd partnership with priv. ltd.

                                  company as general partner

                      Total cap.         EUR         25,567,594.06

                      contribution:

                      Share:             EUR         25,567,594.06

                      Registered

                      on:         01.06.1994

                      Reg. data:  89073 Ulm, HRA 531595

 Limited partner:

                      Würth Industrie Service GmbH & Co. KG

                      Drillberg

                      D 97980 Bad Mergentheim

                      Legal form: Ltd partnership with priv. ltd.

                                  company as general partner

                      Total cap.         EUR         22,500,000.00

                      contribution:

                      Share:             EUR         22,500,000.00

                      Registered

                      on:         02.03.1999

                      Reg. data:  89073 Ulm, HRA 680768

 Limited partner:

                      Arnold Umformtechnik GmbH & Co. KG

                      Carl-Arnold-Str. 25

                      D 74670 Forchtenberg

                      Legal form: Ltd partnership with priv. ltd.

                                  company as general partner

                      Total cap.         EUR         21,400,000.00

                      contribution:

                      Share:             EUR         21,400,000.00

                      Registered

                      on:         09.06.1994

                      Reg. data:  70190 Stuttgart, HRA 590461

 Limited partner:

                      Hommel Hercules-Werkzeughandel GmbH & Co. KG

                      Heidelberger Str. 52

                      D 68519 Viernheim

                      Post Box:

                      14 34, D 68517 Viernheim

                      Legal form: Ltd partnership with priv. ltd.

                                  company as general partner

                      Total cap.         EUR         13,804,880.79

                      contribution:

                      Share:             EUR         13,804,880.79

                      Registered

                      on:         23.01.1989

                      Reg. data:  64283 Darmstadt, HRA 61622

 Limited partner:

                      Hetal Werke Franz Hettich GmbH & Co. KG

                      Freudenstädter Str. 30

                      D 72275 Alpirsbach

                      Legal form: Ltd partnership with priv. ltd.

                                  company as general partner

                      Total cap.         EUR          9,432,500.00

                      contribution:

                      Share:             EUR          9,432,500.00

                      Registered

                      on:         03.01.2007

                      Reg. data:  70190 Stuttgart, HRA 430216

 Limited partner:

                      Würth IT International GmbH & Co. KG

                      Drillberg 6

                      D 97980 Bad Mergentheim

                      Legal form: Ltd partnership with priv. ltd.

                                  company as general partner

                      Total cap.         EUR          4,090,335.05

                      contribution:

                      Share:             EUR          4,090,335.05

                      Registered

                      on:         05.06.2000

                      Reg. data:  89073 Ulm, HRA 680767

 Limited partner:

                      Würth GmbH & Co. KG Grundstücksgesellschaft

                      Reinhold-Würth-Str. 12-17

                      D 74653 Künzelsau

                      Legal form: Ltd partnership with priv. ltd.

                                  company as general partner

                      Total cap.         EUR          5,112,918.81

                      contribution:

                      Share:             EUR          5,112,918.81

                      Registered

                      on:         19.12.1989

                      Reg. data:  70190 Stuttgart, HRA 590442

 Limited partner:

                      H. Sartorius Nachf. GmbH & Co. KG

                      Harkortstr. 54

                      D 40880 Ratingen

                      Legal form: Ltd partnership with priv. ltd.

                                  company as general partner

                      Total cap.         EUR          4,090,335.05

                      contribution:

                      Share:             EUR          4,090,335.05

                      Registered

                      on:         24.07.1978

                      Reg. data:  40227 Düsseldorf, HRA 15396

 Limited partner:

                      Baier & Michels GmbH & Co. KG

                      Carl-Schneider-Str. 1

                      D 64372 Ober-Ramstadt

                      Legal form: Ltd partnership with priv. ltd.

                                  company as general partner

                      Total cap.         EUR          2,700,000.00

                      contribution:

                      Share:             EUR          2,700,000.00

                      Registered

                      on:         30.01.2003

                      Reg. data:  64283 Darmstadt, HRA 6935

 Limited partner:

                      Würth Immobilien-Leasing GmbH & Co. KG

                      Ulmer Str. 123

                      D 73037 Göppingen

                      Legal form: Ltd partnership with priv. ltd.

                                  company as general partner

                      Total cap.         EUR          2,500,000.00

                      contribution:

                      Share:             EUR          2,500,000.00

                      Registered

                      on:         22.11.1994

                      Reg. data:  89073 Ulm, HRA 531618

 Limited partner:

                      Würth Modyf GmbH & Co. KG

                      Benzstr. 7

                      D 74653 Künzelsau

                      Legal form: Ltd partnership with priv. ltd.

                                  company as general partner

                      Total cap.         EUR          2,045,167.52

                      contribution:

                      Share:             EUR          2,045,167.52

                      Registered

                      on:         07.07.2004

                      Reg. data:  70190 Stuttgart, HRA 590555

 Limited partner:

                      Werkzeugtechnik Niederstetten GmbH & Co. KG

                      Hohe Buche 15

                      D 97996 Niederstetten

                      Legal form: Ltd partnership with priv. ltd.

                                  company as general partner

                      Total cap.         EUR            766,937.82

                      contribution:

                      Share:             EUR            766,937.82

                      Registered

                      on:         02.05.1996

                      Reg. data:  70190 Stuttgart, HRA 680729

 Limited partner:

                      IVT Installations- und Verbindungstechnik

                      GmbH & Co. KG

                      Gewerbering Nord 5

                      D 91189 Rohr

                      Legal form: Ltd partnership with priv. ltd.

                                  company as general partner

                      Total cap.         EUR          2,000,000.00

                      contribution:

                      Share:             EUR          1,500,000.00

                      Registered

                      on:         16.01.1995

                      Reg. data:  90402 Nürnberg, HRA 10791

 Limited partner:

                      WLC Würth-Logistik GmbH & Co. KG

                      Reinhold-Würth-Str. 12-16

                      D 74653 Künzelsau

                      Legal form: Ltd partnership with priv. ltd.

                                  company as general partner

                      Total cap.         EUR            383,468.91

                      contribution:

                      Share:             EUR            383,468.91

                      Registered

                      on:         09.04.1996

                      Reg. data:  70190 Stuttgart, HRA 590476

 Limited partner:

                      Sonderschrauben Güldner GmbH & Co. KG

                      Hohe Buche 13

                      D 97996 Niederstetten

                      Legal form: Ltd partnership with priv. ltd.

                                  company as general partner

                      Total cap.         EUR            716,000.00

                      contribution:

                      Share:             EUR            716,000.00

                      Registered

                      on:         20.11.2007

                      Reg. data:  89073 Ulm, HRA 720797

 Limited partner:

                      IMS-Verbindungstechnik GmbH & Co. KG

                      Robert-Bosch-Str. 5

                      D 74632 Neuenstein

                      Legal form: Ltd partnership with priv. ltd.

                                  company as general partner

                      Total cap.         EUR            664,679.45

                      contribution:

                      Share:             EUR            664,679.45

                      Registered

                      on:         01.02.2005

                      Reg. data:  70190 Stuttgart, HRA 580858

 Limited partner:

                      Marbet Marion & Bettina Würth GmbH & Co. KG

                      Maybachstr. 6

                      D 74653 Künzelsau

                      Legal form: Ltd partnership with priv. ltd.

                                  company as general partner

                      Total cap.         EUR            230,081.34

                      contribution:

                      Share:             EUR            230,081.34

                      Registered

                      on:         12.12.1994

                      Reg. data:  70190 Stuttgart, HRA 590465

 Limited partner:

                      Würth Versicherungsdienst GmbH & Co. KG.

                      Zeppelinstr. 14

                      D 74653 Künzelsau

                      Legal form: Ltd partnership with priv. ltd.

                                  company as general partner

                      Total cap.         EUR             50,000.00

                      contribution:

                      Share:             EUR             50,000.00

                      Registered

                      on:         18.02.2004

                      Reg. data:  70190 Stuttgart, HRA 590550

 Limited partner:

                      EOS KSI Forderungsmanagement GmbH & Co. KG

                      Benzstr. 7

                      D 74653 Künzelsau

                      Legal form: Ltd partnership with priv. ltd.

                                  company as general partner

                      Total cap.         EUR            100,000.00

                      contribution:

                      Share:             EUR             50,000.00

                      Registered

                      on:         12.01.2004

                      Reg. data:  70190 Stuttgart, HRA 104523

 Shareholder:

                      Panorama Hotel- und Service GmbH

                      Kur 29

                      D 74653 Künzelsau

                      Legal form: Private limited company

                      Share capital:     EUR         40,251,000.00

                      Share:             EUR         40,251,000.00

                      Registered

                      on:         08.10.1999

                      Reg. data:  70190 Stuttgart, HRB 580945

 Shareholder:

                      Reinhold Würth Holding GmbH

                      Reinhold-Würth-Str. 12-17

                      D 74653 Künzelsau

                      Legal form: Private limited company

                      Share capital:     EUR         21,432,000.00

                      Share:             EUR         21,432,000.00

                      Registered

                      on:         23.12.1991

                      Reg. data:  70190 Stuttgart, HRB 590430

 Shareholder:

                      Würth Aviation GmbH

                      Reinhold-Würth-Str. 12-16

                      D 74653 Künzelsau

                      Legal form: Private limited company

                      Share capital:     EUR         20,026,000.00

                      Share:             EUR         20,026,000.00

                      Registered

                      on:         09.02.1996

                      Reg. data:  70190 Stuttgart, HRB 590546

 Shareholder:

                      HAHN + KOLB Werkzeuge GmbH

                      Schlieffenstr. 40

                      D 71636 Ludwigsburg

                      Legal form: Private limited company

                      Share capital:     EUR         10,500,000.00

                      Share:             EUR         10,500,000.00

                      Registered

                      on:         26.05.1993

                      Reg. data:  70190 Stuttgart, HRB 15861

 Shareholder:

                      WOW! Würth Online World GmbH

                      Reinhold-Würth-Str. 12-17

                      D 74653 Künzelsau

                      Legal form: Private limited company

                      Share capital:     EUR          4,500,000.00

                      Share:             EUR          4,500,000.00

                      Registered

                      on:         13.12.2000

                      Reg. data:  70190 Stuttgart, HRB 590686

 Shareholder:

                      Würth Logistic Center Europe GmbH

                      Reinhold-Würth-Str. 12-17

                      D 74653 Künzelsau

                      Legal form: Private limited company

                      Share capital:     EUR          2,556,459.41

                      Share:             EUR          2,556,459.41

                      Registered

                      on:         06.07.1998

                      Reg. data:  70190 Stuttgart, HRB 590606

 Shareholder:

                      KERONA GmbH

                      Fritz-Müller-Str. 10

                      D 74653 Ingelfingen

                      Legal form: Private limited company

                      Share capital:     EUR            500,000.00

                      Share:             EUR            500,000.00

                      Registered

                      on:         17.11.2005

                      Reg. data:  70190 Stuttgart, HRB 590810

 Shareholder:

                      FELO-Werkzeugfabrik Holland-Letz GmbH

                      Emil-Rössler-Str. 59

                      D 35279 Neustadt

                      Legal form: Private limited company

                      Share capital:     EUR            300,000.00

                      Share:             EUR            300,000.00

                      Registered

                      on:         06.05.1981

                      Reg. data:  35037 Marburg, HRB 3432

 Shareholder:

                      AHD Auto-Hifi & -Design GmbH

                      Reinhold-Würth-Str. 12-17

                      D 74653 Künzelsau

                      Legal form: Private limited company

                      Share capital:     EUR            250,000.00

                      Share:             EUR            250,000.00

                      Registered

                      on:         13.10.1986

                      Reg. data:  70190 Stuttgart, HRB 590322

 Shareholder:

                      Sonderschrauben Hamburg GmbH Eiben & Co.

                      Rotenbrückenweg 14

                      D 22113 Hamburg

                      Legal form: Private limited company

                      Share capital:     EUR            115,040.67

                      Share:             EUR            115,040.67

                      Registered

                      on:         29.06.1979

                      Reg. data:  20355 Hamburg, HRB 23605

 Shareholder:

                      Grass Verwaltungs GmbH

                      Egerländer Str. 2

                      D 64354 Reinheim

                      Legal form: Private limited company

                      Share capital:     EUR             65,000.00

                      Share:             EUR             65,000.00

                      Registered

                      on:         30.11.1968

                      Reg. data:  64283 Darmstadt, HRB 31054

 Shareholder:

                      Würth Montagetechnik GmbH

                      Malterstr. 37

                      D 01159 Dresden

                      Legal form: Private limited company

                      Share capital:     EUR             51,129.19

                      Share:             EUR             51,129.19

                      Registered

                      on:         08.06.1990

                      Reg. data:  01069 Dresden, HRB 1360

 Shareholder:

                      EOS KSI Verwaltungsgesellschaft für

                      Forderungsmanagement GmbH

                      Benzstr. 7

                      D 74653 Künzelsau

                      Legal form: Private limited company

                      Share capital:     EUR            100,000.00

                      Share:             EUR             49,000.00

                      Registered

                      on:         23.08.2006

                      Reg. data:  70190 Stuttgart, HRB 590829

 Shareholder:

                      Hettich Verwaltungsgesellschaft mit

                      beschränkter Haftung

                      Freudenstädter Str. 30

                      D 72275 Alpirsbach

                      Legal form: Private limited company

                      Share capital:     EUR             25,600.00

                      Share:             EUR             25,600.00

                      Registered

                      on:         18.12.1972

                      Reg. data:  70190 Stuttgart, HRB 430161

 Shareholder:

                      Arnold Umformtechnik Verwaltungs-GmbH

                      Reinhold-Würth-Str. 12-17

                      D 74653 Künzelsau

                      Legal form: Private limited company

                      Share capital:     EUR             25,565.00

                      Share:             EUR             25,565.00

                      Registered

                      on:         09.06.1994

                      Reg. data:  70190 Stuttgart, HRB 590502

 Shareholder:

                      H. Sartorius Nachf. Beteiligungsgesellschaft

                      mbH

                      Harkortstr. 54

                      D 40880 Ratingen

                      Legal form: Private limited company

                      Share capital:     EUR             25,564.59

                      Share:             EUR             25,564.59

                      Registered

                      on:         18.07.1978

                      Reg. data:  40227 Düsseldorf, HRB 43082

 Shareholder:

                      Würth Leasing Verwaltungsgesellschaft mbH

                      Ulmer Str. 123

                      D 73037 Göppingen

                      Legal form: Private limited company

                      Share capital:     EUR             25,564.59

                      Share:             EUR             25,564.59

                      Registered

                      on:         01.02.1994

                      Reg. data:  89073 Ulm, HRB 532211

 Shareholder:

                      Werkzeugtechnik Niederstetten

                      Verwaltungs-GmbH

                      Reinhold-Würth-Str. 12-17

                      D 74653 Künzelsau

                      Legal form: Private limited company

                      Share capital:     EUR             25,564.59

                      Share:             EUR             25,564.59

                      Registered

                      on:         19.03.1996

                      Reg. data:  70190 Stuttgart, HRB 590547

 Shareholder:

                      Baier & Michels Verwaltungsgesellschaft mbH

                      Reinhold-Würth-Str. 12-17

                      D 74653 Künzelsau

                      Legal form: Private limited company

                      Share capital:     EUR             25,000.00

                      Share:             EUR             25,000.00

                      Registered

                      on:         21.03.2005

                      Reg. data:  70190 Stuttgart, HRB 590792

 Shareholder:

                      Würth Logistics Deutschland GmbH

                      Konsul-Smidt-Str. 8k

                      D 28217 Bremen

                      Legal form: Private limited company

                      Share capital:     EUR             25,000.00

                      Share:             EUR             25,000.00

                      Registered

                      on:         06.01.2011

                      Reg. data:  28195 Bremen, HRB 26811 HB

 Shareholder:

                      IVT Installations- und Verbindungstechnik

                      Verwaltungs GmbH

                      Gewerbering Nord 5

                      D 91189 Rohr

                      Legal form: Private limited company

                      Share capital:     EUR             25,564.60

                      Share:             EUR             19,173.45

                      Registered

                      on:         16.01.1995

                      Reg. data:  90402 Nürnberg, HRB 12992

 Shareholder:

                      Pakt Zukunft Heilbronn-Franken gGmbH

                      Ferdinand-Braun-Str. 20

                      D 74074 Heilbronn

                      Legal form: Private limited company

                      Share capital:     EUR             31,250.00

                      Share:             EUR              6,250.00

                      Registered

                      on:         18.12.2007

                      Reg. data:  70190 Stuttgart, HRB 724891

 Shareholder:

                      Technologiezentrum Schwäbisch Hall GmbH

                      Stauffenbergstr. 35-37

                      D 74523 Schwäbisch Hall

                      Legal form: Private limited company

                      Share capital:     EUR            123,600.00

                      Share:             EUR              5,150.00

                      Registered

                      on:         04.05.1990

                      Reg. data:  70190 Stuttgart, HRB 570762

 Shareholder:

                      Schmitt Elektrogroßhandel GmbH

                      Frankfurter Str. 109-119

                      D 36043 Fulda

                      Legal form: Private limited company

                      Share capital:     EUR             25,000.00

                      Share:             EUR              1,500.00

                      Registered

                      on:         16.03.1998

                      Reg. data:  36037 Fulda, HRB 1567

 constituent:

                      ARGE Würth VW-A Gaisbach

                      Am Bahnhof 45-47

                      D 74638 Waldenburg

                      Legal form: Temporary association

 

 

COMPANY HISTORY

 

20.02.1962 - 27.01.1976  Wagener & Simon

                          Sedanstr. 46

                          D 42281 Wuppertal

                          General Partnership

 27.01.1976 - 30.10.2007  Wagener & Simon WASI GmbH & Co. KG

                          Erwinstr. 2

                          D 42289 Wuppertal

                          Ltd partnership with priv. ltd. company

                          as general partner

 

 

RESIGNED ACTING PERSONS AND SHAREHOLDERS

 

 17.06.1998 - 14.02.2013  General partner

                          Wagener & Simon Beteiligungs GmbH

                          D 42289 Wuppertal

 

 

BUSINESS ACTIVITIES

 

Main industrial sector

 46741   Wholesale of tools and hardware

 

 

FINANCIAL INFORMATION

 

Payment experience:     within agreed terms

Negative information:      We have no negative information at hand.

 

 

REAL ESTATE

 

 Type of ownership:        Tenant

 Address                       Emil-Wagener-Str. 1

                                    D 42289 Wuppertal

 

 Real Estate of:              Adolf Würth GmbH & Co. KG

 Type of ownership:        proprietor

 Share:                          100.00 %

 Address                       Reinhold-Würth-Str. 12-17

                                    D 74653 Künzelsau

 

 Real Estate of:              Wagener & Simon Beteiligungs GmbH

 Type of ownership:        Tenant

 Address                       Emil-Wagener-Str. 1

                                    D 42289 Wuppertal

 

Land register documents were not available.

 

 

BANKERS

 

Principal bank

STADTSPARKASSE WUPPERTAL, WUPPERTAL

Sort. code: 33050000, BIC: WUPSDE33XXX

 

Further bank

COMMERZBANK, WUPPERTAL

Sort. code: 33040001, BIC: COBADEFF330

 

 

FINANCIAL FIGURES

 

 Financial year:      01.01. - 31.12.

 Employees:                                                    265

 - Trainees:                                                    10


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.62.38

UK Pound

1

Rs.102.25

Euro

1

Rs.84.97

 

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%)

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.