|
Report Date : |
11.07.2014 |
IDENTIFICATION DETAILS
|
Name : |
TEPP-TEAM
INTERNATIONAL GMBH |
|
|
|
|
Registered Office : |
Obenhauptstr.
4 D 22335 |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2012 |
|
|
|
|
Date of Incorporation : |
03.07.2001 |
|
|
|
|
Legal Form : |
Private
limited company |
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|
|
|
Line of Business : |
·
Wholesale
of textiles ·
Wholesale
of furniture, carpets and rugs and lighting ·
Retail
sale of miscellaneous goods (except food) |
|
|
|
|
No. of Employees |
06 |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Status : |
Moderate |
|
Payment Behaviour : |
Slow but correct |
|
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 – March 31, 2014
|
Country Name |
Previous Rating (31.12.2013) |
Current Rating (31.03.2014) |
|
Germany |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low Risk |
A2 |
|
Moderate Low Risk |
B1 |
|
Moderate Risk |
B2 |
|
Moderate High Risk |
C1 |
|
High Risk |
C2 |
|
Very High Risk |
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, 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 |
TEPP-TEAM INTERNATIONAL GMBH
Company Status: active
Obenhauptstr. 4
D 22335 Hamburg
Telephone:040/5130970
Telefax: 040/51309720
Homepage: www.teppteam.de
E-mail: info@teppteam.de
VAT no.: DE813283697
Business relations are permissible.
LEGAL FORM Private limited company
Date of foundation: 2001
Begin of business
activities: 2001
Shareholders'
agreement: 03.07.2001
Registered on: 25.07.2001
Commercial Register: Local court 20355 Hamburg
under: HRB
80820
Share capital: EUR 1,000,000.00
Shareholder:
Abdol Rahim Roubeni
Borsteler Chaussee 85
D 22453 Hamburg
born: 29.08.1932
Share: EUR 300,000.00
Shareholder:
Djavad Mohammadi Hokmabad
Harvestehuder Weg 27
D 20149 Hamburg
born: 17.07.1961
Share: EUR 175,000.00
Shareholder:
Djavid Mohammadi
Hallerstr. 74
D 20146 Hamburg
born: 22.10.1965
Share: EUR 175,000.00
Shareholder:
Albert Roubeni
Harvestehuder Weg 80b
D 20149 Hamburg
born: 10.11.1935
Share: EUR 100,000.00
Shareholder:
Hekmatollah Roubeni
Harvestehuder Weg 84b
D 20149 Hamburg
born: 19.08.1942
Share: EUR 100,000.00
Shareholder:
Parviz Roubeni
Blumenau 25
D 22089 Hamburg
born: 02.03.1940
Share: EUR 100,000.00
Shareholder:
Djalal Mohammadi Hokmabad
IR - Teheran
born: 11.05.1963
Share: EUR 50,000.00
Manager:
Abdol Rahim Roubeni
Borsteler Chaussee 85
D 22453 Hamburg
having sole power of
representation
born: 29.08.1932
Profession: Businessman
Marital status: married
Manager:
Djavad Mohammadi Hokmabad
Harvestehuder Weg 27
D 20149 Hamburg
having sole power of
representation
born: 17.07.1961
Profession: Businessman
Marital status: married
Manager:
Djavid Mohammadi
Hallerstr. 74
D 20146 Hamburg
having sole power of
representation
born: 22.10.1965
Profession: Businessman
Marital status: single
Further functions/participations of Abdol
Rahim Roubeni (Manager)
Shareholder:
Roubeni & Yaghoubi
Handelsgesellschaft mbH
Borsteler Chaussee 85-99
a
D 22453 Hamburg
Legal form: Private
limited company
Share capital: EUR 2,556,459.42
Share: EUR 536,856.48
Registered
on: 20.11.1997
Reg. data: 20355 Hamburg, HRB 65896
Shareholder:
SAMAN
Industriebeteiligungsgesellschaft mbH
Obenhauptstr. 4
D 22335 Hamburg
Legal form: Private
limited company in
liquidation
Share capital: EUR 25,564.60
Share: EUR 6,391.15
Registered
on: 15.09.1983
Reg. data: 20355 Hamburg, HRB 31437
Manager:
Roubeni & Yaghoubi
Handelsgesellschaft mbH
Borsteler Chaussee 85-99
a
D 22453 Hamburg
Legal form: Private
limited company
Share capital: EUR 2,556,459.42
Registered
on: 20.11.1997
Reg. data: 20355 Hamburg, HRB 65896
Liquidator:
SAMAN Industriebeteiligungsgesellschaft
mbH
Obenhauptstr. 4
D 22335 Hamburg
Legal form: Private
limited company in
liquidation
Share capital: EUR 25,564.60
Registered
on: 15.09.1983
Reg. data: 20355 Hamburg, HRB 31437
Further functions/participations of Djavid
Mohammadi (Manager)
Shareholder:
Cafe Bellevue GmbH
Vorderreihe 65
D 23570 Lübeck
Legal form: Private
limited company
Share capital: EUR 30,000.00
Share: EUR 15,000.00
Registered
on: 17.05.2004
Reg. data: 23568 Lübeck, HRB 5767 HL
03.07.2001 - 04.12.2001 YONIGU Vermögensverwaltungsgesellschaft
mbH
Luruper Chaussee 125
D 22761 Hamburg
Private limited
company
04.12.2001 - 04.12.2001 Tepp-Team International GmbH
Magdeburger Str. 13-15
D 20457 Hamburg
Private limited
company
Sectors
46410
Wholesale of textiles
46470 Wholesale of furniture, carpets and rugs and
lighting
46903 Non-specialized wholesale trade
47191 Retail sale of miscellaneous goods (except
food)
Payment
experience: within periods customary in
this trade
Negative information: We have no negative information at hand.
BALANCE SHEET YEAR: 2012
Type of ownership: Tenant
Address Obenhauptstr. 4
D 22335 Hamburg
Land register documents were not available.
SPARKASSE SÜDHOLSTEIN, 24531 NEUMÜNSTER, HOLST
Sort. code: 23051030
BIC: NOLADE21SHO
Turnover: 2012 *EUR 1,110,000.00
2013 *EUR 1,110,000.00
further business figures:
Equipment: *EUR 42,000.00
Ac/ts receivable: EUR 736,796.00
Liabilities: EUR 3,278,688.00
Employees:
6
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 [%]: 30.01
Liquidity ratio: 0.24
Return on total capital [%]: 0.54
Balance sheet ratios 01.01.2011 - 31.12.2011
Equity ratio [%]: 27.57
Liquidity ratio: 0.17
Return on total capital [%]: 0.88
Balance sheet ratios 01.01.2010 - 31.12.2010
Equity ratio [%]: 29.32
Liquidity ratio: 0.39
Return on total capital [%]: 0.64
Balance sheet ratios 01.01.2009 - 31.12.2009
Equity ratio [%]: 32.67
Liquidity ratio: 0.43
Return on total capital [%]: 2.78
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 4,708,403.00
Fixed assets EUR 164,732.00
Intangible assets EUR 2.00
Tangible assets EUR 94,730.00
Financial assets EUR 70,000.00
Other / unspecified
financial assets EUR
70,000.00
Current assets EUR 4,484,504.38
Stocks EUR 3,732,122.90
Accounts receivable EUR 736,795.77
Liquid means EUR 15,585.71
Remaining other
assets EUR 59,166.62
Accruals (assets) EUR 59,166.62
LIABILITIES EUR 4,708,403.00
Shareholders' equity EUR 1,237,195.65
Capital EUR 1,000,000.00
Subscribed capital
(share capital) EUR 1,000,000.00
Balance sheet profit/loss
(+/-) EUR 237,195.65
Profit / loss brought
forward EUR 211,710.19
Annual surplus / annual
deficit EUR 25,485.46
Provisions EUR 192,519.31
Liabilities EUR 3,278,688.04
TYPE OF BALANCE SHEET: COMPANY
BALANCE SHEET
FINANCIAL YEAR: 01.01.2011
- 31.12.2011
ASSETS EUR 5,083,272.02
Fixed assets EUR 226,578.20
Intangible assets EUR 717.00
Other / unspecified intangible assetsEUR 717.00
Tangible assets EUR 225,861.20
Other / unspecified
tangible assets EUR 225,861.20
Current assets EUR 4,825,090.12
Stocks EUR 4,110,646.13
Accounts receivable EUR 590,950.75
Other debtors and
assets EUR 590,950.75
Liquid means EUR 123,493.24
Remaining other
assets EUR 31,603.70
Accruals (assets) EUR 31,603.70
LIABILITIES EUR 5,083,272.02
Shareholders' equity EUR 1,211,710.19
Capital EUR 1,000,000.00
Subscribed capital
(share capital) EUR 1,000,000.00
Balance sheet profit/loss
(+/-) EUR 211,710.19
Profit / loss brought
forward EUR 166,829.39
Annual surplus / annual
deficit EUR 44,880.80
Provisions EUR 132,336.04
Liabilities EUR 3,739,225.79
Other liabilities EUR 3,739,225.79
Unspecified other
liabilities EUR 3,739,225.79
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.59.88 |
|
|
1 |
Rs.102.59 |
|
Euro |
1 |
Rs.81.69 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
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|
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.