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Report Date : |
16.07.2014 |
IDENTIFICATION DETAILS
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Name : |
FUCHS GMBH & CO. KG |
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Registered Office : |
Industriestr. 25, D 49201 Dissen |
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Country : |
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Date of Incorporation : |
01.02.1969 |
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Com. Reg. No.: |
HRA 110690 |
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Legal Form : |
Ltd partnership with priv. ltd. company
as general partner |
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Line of Business : |
·
Manufacturer
of other Food Products Wholesaler of Coffee,
Tea, Other activities of
Head Offices |
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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 |
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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 – 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 |
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, 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 |
Fuchs GmbH & Co. KG
Industriestr. 25
D 49201 Dissen
Telephone: 05421/3090
Telefax:
05421/309111
Homepage: www.fuchs-gewuerze.de
E-mail: info@fuchs-gewuerze.de
Business relations are permissible.
active
LEGAL FORM Ltd
partnership with priv. ltd. company as general partner
Date of foundation: 01.02.1969
Registered on: 05.04.2006
Register of
companies: Local
court 49074 Osnabrück
under: HRA
110690
Total cap. contribution: EUR
256,000.00
DF World of Spices GmbH
Industriestr. 25
D 49201 Dissen
Legal form: Private limited company
Share capital: EUR
13,335,200.00
Share: EUR 256,000.00
Registered on: 12.11.2002
Reg. data: 49074 Osnabrück, HRB 110874
Fuchs BeteiligungsgesellschaftmbH
Industriestr. 25
D 49201 Dissen
Legal form: Private limited company
Share capital: EUR 26,000.00
Registered on: 21.08.1991
Reg. data: 49074 Osnabrück, HRB 16845
DF Verwaltung GmbH & Co. KG
Industriestr. 25
D 49201 Dissen
Legal form: Ltd partnership with priv.
ltd.
company as general partner
Total cap. EUR 10,072,450.06
contribution:
Share: EUR 26,000.00
Registered on: 04.03.2004
Reg. data: 49074 Osnabrück, HRA 110593
Nils Meyer-Pries
Ernst-Sievers-Str. 72
D 49078 Osnabrück
born: 28.01.1970
Profession: anditor and tax advisor
Manager:
Dirk
Haucap
Heinrich-Witte-Str. 29
D 49179 Ostercappeln
authorized to jointly
represent the company
born: 11.12.1969
Manager:
Claus-Peter Stellmacher
Falkenstr.
3d
D 22885 Barsbüttel
authorized to jointly
represent the company
born: 02.09.1953
Manager:
Dr.
Helmut Heinrich Mank
D
49324 Melle
born: 08.11.1956
Hartmut Scholltze
Papiermühle 33
D 49124 Georgsmarienhütte
authorized to jointly represent the
company
born: 06.02.1955
Profession: Fully qualified merchant
Proxy:
Jürgen Bruno
Peters
Spielplatzstr. 3
D
33129 Delbrück
authorized to jointly represent the company
born: 10.04.1959
Marital status: married
Proxy:
Tono Georg Südhoff
D 48429 Rheine
authorized to jointly
represent the company
born: 17.08.1972
Proxy:
Dr.
Gernot Thiel
Uhlenberger Str. 42
D 49326
Melle
authorized to jointly
represent the company
born: 12.05.1973
Proxy:
Tom
Schmedes
Coerdeplatz 20
D
48147 Münster
authorized
to jointly represent the company
born: 06.10.1968
Proxy:
Dr.
Klaus Valentin Gröhnke
D 49201 Dissen
authorized to jointly
represent the company
born: 07.12.1976
born: Kilimann
Proxy:
Andrea Kunze
D 48336 Sassenberg
authorized to jointly
represent the company
born: 30.11.1977
Proxy:
Wolfgang Kohnen
D
49179 Ostercappeln
authorized to jointly represent the company
born: 19.04.1970
Proxy:
Hans-Joachim Pogodda
D 49186 Bad Iburg
authorized to jointly
represent the company
born: 14.11.1958
Proxy:
Markus Johannes
Niederholtmeyer
D 49124 Georgsmarienhütte
authorized to jointly
represent the company
born: 22.09.1960
01.02.1969 - 05.04.2006 Fuchs GmbH & Co. KG
Osterfeldstr. 2-8
D 49326 Melle
Ltd partnership with
priv. ltd. company
as general partner
Main industrial sector
10890
Manufacture of other food products n.e.c.
46370
Wholesale of coffee, tea, cocoa, spices & herbs
Secondary industrial sector
70109
Other activities of head offices
Works:
Fuchs GmbH & Co. KG
Westring 15-17
D
49201 Dissen
Branch:
Fuchs
GmbH & Co. KG
Osterfeldstr. 2-8
D
49326 Melle
TEL.: 05429/209-0
Shareholder:
Kräuter-Schatz GmbH
Westring 15-17
D 49201 Dissen
Legal form: Private
limited company
Company Status: dissolved
since: 16.09.2010
Share capital: EUR 52,000.00
Share: EUR 51,000.00
Reg. data: 02.10.2002
Local court
49074 Osnabrück
HRB 110866
Payment experience: within agreed terms
Negative information: We have no negative
information at hand.
Type of ownership: Tenant
Address Westring
15-17
D 49201 Dissen
Type of ownership: Tenant
Address Industriestr.
25
D 49201 Dissen
Real Estate of: Fuchs BeteiligungsgesellschaftmbH
Type of ownership: Tenant
Address Industriestr.
25
D 49201 Dissen
Land register documents were not
available.
VOLKSBANK DISSEN ZNDL D VB OSNABRÜCK, 49201 DISSEN AM TEUTOBURGER
WALD
Sort. code: 26590025
BIC: GENODEF1OSV
COMMERZBANK, 33596 BIELEFELD
Sort. code: 48040035
BIC: COBADEFFXXX
SPARKASSE OSNABRÜCK, 49018 OSNABRÜCK
Sort. code: 26550105
BIC: NOLADE22XXX
Financial year: 01.01. - 31.12.
The number of employees is not known.
The company exercises the option not to
publish its balance and is included in the annual financial statement of DF
World of Spices GmbH.
Basic data of the group 2012:
=====================
Turnover
EUR 423.715.017,91
Profit EUR 129.387.316,18
Receivables EUR 126.153.871,04
Liabilities EUR 133.606.085,48
Staff
3.623
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.60.22 |
|
UK Pound |
1 |
Rs.102.79 |
|
Euro |
1 |
Rs.81.95 |
INFORMATION DETAILS
|
Analysis Done by
: |
KAR |
|
|
|
|
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 |
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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 |
|
|
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.