MIRA INFORM REPORT
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Report Date : |
27.01.2014 |
IDENTIFICATION DETAILS
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Name : |
I.B.U. PROJEKT GMBH |
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Registered Office : |
Neue Str. 49, D 17091 Tützpatz |
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Country : |
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Financials (as on) : |
31.12.2012 |
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Date of Incorporation : |
24.03.2010 |
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Com. Reg. No.: |
HRB 7324 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
· the performance of consultancy services as well as design and supervision services in the industrial, construction and environmental sector. · the delivery of machines and ranges for the a. m. sectors, spare parts, construction material, laboratory equipment including accessories, agricultural machines and devices as well as resources (seeds, plants, fertilizers, plant protection products) |
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No. of Employees : |
04 |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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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
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Country Name |
Previous Rating (30.06.2013) |
Current Rating (30.09.2013) |
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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 |
Note:
Your
inquiry: I B U Projekt GmbH, Witzlebenstr., D 14057 Berlin. The subject of your
inquiry is a branch. We are reporting on the headquarters.
I.B.U. Projekt GmbH
Neue Str. 49
D 17091 Tützpatz
Telephone:039600/21045
E-mail: kontakt@ibuprojekt.de
active
DE271152729
072/111/02009
Business relations are permissible.
LEGAL FORM Private limited company
Date of foundation: 24.03.2010
Begin of business
activities: 01.05.2010
Shareholders'
agreement: 24.03.2010
Registered on: 23.04.2010
Commercial Register: Local
court 17033 Neubrandenburg
under: HRB 7324
Share capital:
EUR 50,000.00
Dirk Heidel
Neue Str. 49
D 17091 Tützpatz
born: 12.03.1975
Share: EUR 43,750.00
Shareholder:
Dr. Wolfgang Heidel
Neue Str. 49
D 17091 Tützpatz
born: 12.10.1948
Share: EUR 6,250.00
Dirk Heidel
Neue Str. 49
D 17091 Tützpatz
having sole power of representation
born: 12.03.1975
Profession: graduate engineer
Dr. Wolfgang Heidel
Neue Str. 49
D 17091 Tützpatz
having sole power of representation
born: 12.10.1948
04.05.2010 - 10.08.2011
Manager
Dr. Wolfgang Heidel
D
17091 Tützpatz
a) the performance of consultancy services as well as design and supervision services in the industrial, construction and environmental sector.
b) the delivery of machines and ranges for the a. m. sectors, spare parts, construction material, laboratory equipment including accessories, agricultural machines and devices as well as resources (seeds, plants, fertilizers, plant protection products)
Works:
I.B.U.
Projekt GmbH
Witzlebenstr. 33
D
14057 Berlin
TEL.:
030/2437034
Payment experience: within
agreed terms
Negative information: We
have no negative information at hand.
Balance sheet year: 2012
Type of ownership: Tenant
Address Neue Str. 49
D 17091 Tützpatz
Land register documents were not available.
SPARKASSE NEUBRANDENBURG-DEMMIN, NEUBRANDENBURG, MECKL
Sort. code: 15050200, BIC: NOLADE21NBS
Turnover: 2012 EUR 902,300.00
2013 EUR 1,350,000.00
Profit: 2012 EUR 21,952.00
further business figures:
Equipment: *EUR 9,000.00
Ac/ts receivable: EUR 360,212.00
Liabilities: EUR 313,632.00
Employees:
4
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Part-time employees: 2
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Freelancer: 2
The business figures marked
with an asterisk are estimates based on average values in the line of business.
Balance sheet ratios 01.01.2012 - 31.12.2012
Equity ratio [%]: 89.40
Liquidity ratio: 10.00
Balance sheet ratios 01.01.2011 - 31.12.2011
Equity ratio [%]: 83.06
Liquidity ratio: 10.00
Balance sheet ratios 24.03.2010 - 31.12.2010
Equity ratio [%]: 23.29
Liquidity ratio: 1.65
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: 01.01.2012 - 31.12.2012
ASSETS EUR 424,661.65
Fixed assets
EUR 2.00
Tangible assets
EUR 2.00
Other / unspecified tangible assets
EUR 2.00
Current assets
EUR 424,659.65
Accounts receivable
EUR 360,211.96
Other debtors and assets
EUR 360,211.96
Liquid means
EUR 64,447.69
LIABILITIES EUR 424,661.65
Shareholders' equity
EUR 70,372.79
Capital EUR 50,000.00
Subscribed capital (share capital)
EUR 50,000.00
Balance sheet profit/loss (+/-)
EUR 20,372.79
Profit / loss brought forward
EUR 20,372.79
Provisions EUR 40,656.73
Liabilities
EUR 313,632.13
thereof total due to shareholders
EUR 309,284.90
Other liabilities
EUR 313,632.13
Unspecified other liabilities EUR 313,632.13
thereof liabilities from tax /
financial authorities
EUR 685.35
Type
of balance
sheet: Company balance sheet
Financial year: 01.01.2011 - 31.12.2011
ASSETS EUR 37,687.48
Fixed assets
EUR 1.00
Tangible assets
EUR 1.00
Other
/ unspecified tangible assets EUR 1.00
Current assets
EUR 37,686.48
Stocks
EUR 750.00
Accounts receivable
EUR 7,868.24
Other debtors and assets
EUR 7,868.24
Liquid means
EUR 29,068.24
LIABILITIES EUR 37,687.48
Shareholders' equity
EUR 23,421.07
Capital
EUR 25,000.00
Subscribed capital (share capital)
EUR 25,000.00
Balance sheet profit/loss (+/-)
EUR -1,578.93
Profit / loss brought forward EUR -1,578.93
Provisions
EUR 3,672.42
Liabilities
EUR 10,593.99
thereof total due to shareholders
EUR 7,880.86
Other liabilities EUR 10,593.99
Unspecified other liabilities
EUR 10,593.99
thereof liabilities from tax /
financial authorities
EUR 2,713.13
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.62.18 |
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UK Pound |
1 |
Rs.103.38 |
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Euro |
1 |
Rs.85.09 |
INFORMATION DETAILS
|
Report Prepared
by : |
MNL |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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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 |
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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.