|
Report Date : |
03.06.2014 |
IDENTIFICATION DETAILS
|
Name : |
HALTERMANN GMBH |
|
|
|
|
Registered Office : |
Schlengendeich
17, D 21107 Hamburg |
|
|
|
|
Country : |
Germany |
|
|
|
|
Date of Incorporation : |
18.05.2011 |
|
|
|
|
Legal Form : |
Private limited company |
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|
|
|
Line of Business : |
|
|
|
|
|
No of Employees : |
60 |
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 : |
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 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 |
Haltermann
GmbH
Schlengendeich
17
D 21107 Hamburg
Telephone:040/33318-0
Telefax: 040/33318-455
Homepage: www.haltermann.com
E-mail: pmetzger@h-c-s-group.com
Active
DE815285855
Business relations are permissible.
LEGAL FORM Private
limited company
Date of foundation: 18.05.2011
Begin of business
activities: 15.07.2011
Shareholders'
agreement:
18.05.2011
Registered on: 07.06.2011
Commercial Register: Local court 20355 Hamburg
under: HRB
118570
Share capital: EUR 1,000,000.00
Shareholder:
HCS GmbH
Schlengendeich 17
D 21107 Hamburg
Legal form: Private
limited company
Share capital: EUR 1,000,000.00
Share: EUR 1,000,000.00
Registered on: 25.03.2011
Reg. data: 20355 Hamburg,
HRB 117732
Profit transfer agreement
Manager:
Peter Stubbe
D 55276 Oppenheim
born: 12.05.1967
Manager:
Henrik Krüpper
D 65719 Hofheim
born: 15.04.1971
Manager:
Dr. Uwe Nickel
CH Arlesheim
having sole power of representation
born: 30.05.1958
Marital status: unknown
Proxy:
Albrecht Spangenberg
D 21521 Aumühle
authorized to jointly
represent the company
born: 07.10.1957
Proxy:
Daniela Rothenbücher
D 63500 Seligenstadt
authorized to jointly
represent the company
born: 07.08.1975
Proxy:
Bernd Renner
D 21217 Seevetal
authorized to jointly
represent the company
born: 12.04.1959
Further functions/participations of Peter
Stubbe (Manager)
Manager:
HCS GmbH
Schlengendeich 17
D 21107 Hamburg
Legal form: Private
limited company
Share capital: EUR 1,000,000.00
Registered
on: 25.03.2011
Reg. data: 20355 Hamburg, HRB 117732
Manager:
Haltermann
Besitzgesellschaft GmbH
Schlengendeich 17
D 21107 Hamburg
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 07.06.2011
Reg. data: 20355 Hamburg, HRB 118571
Further functions/participations of Henrik
Krüpper (Manager)
Manager:
HCS GmbH
Schlengendeich 17
D 21107 Hamburg
Legal form: Private
limited company
Share capital: EUR 1,000,000.00
Registered
on: 25.03.2011
Reg. data: 20355 Hamburg, HRB 117732
Manager:
Haltermann Besitzgesellschaft
GmbH
Schlengendeich 17
D 21107 Hamburg
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 07.06.2011
Reg. data: 20355 Hamburg, HRB 118571
Further functions/participations of Dr. Uwe
Nickel (Manager)
Shareholder:
HCS GmbH
Schlengendeich 17
D 21107 Hamburg
Legal form: Private
limited company
Share capital: EUR 1,000,000.00
Share: EUR 30,000.00
Registered
on: 25.03.2011
Reg. data: 20355 Hamburg, HRB 117732
Manager:
HCS GmbH
Schlengendeich 17
D 21107 Hamburg
Legal form: Private
limited company
Share capital: EUR 1,000,000.00
Registered
on: 25.03.2011
Reg. data: 20355 Hamburg, HRB 117732
Manager:
Haltermann Besitzgesellschaft GmbH
Schlengendeich 17
D 21107 Hamburg
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 07.06.2011
Reg. data: 20355 Hamburg, HRB 118571
07.06.2011 - 29.06.2011 Humlet
OpCo GmbH
Schlengendeich 17
D
21107 Hamburg
Private limited company
Main industrial sector
2059
Manufacture of other chemical products n.e.c.
4675 Wholesale of chemical products
6420 Activities of holding companies
7010 Activities of head offices
Branch:
Haltermann GmbH
Joachim-Becher-Str. 1
D 67346 Speyer
TEL.: 062/321340
Shareholder:
VME Vereinigung
mittelständischer
Entsorgungsbetriebe der
Sonderabfallentsorgung
Rheinland-Pfalz GmbH
Gerolsheimer Str.
D 67258 Heßheim
Legal form: Private limited
company
Company Status: active
Share capital: EUR 306,775.13
Share: EUR 30,677.51
Reg. data:
02.02.2006
Local court
67061 Ludwigshafen
HRB 60206
Payment experience: within periods customary in this trade
Negative information: We have no negative
information at hand.
Type of ownership: Tenant
Address Schlengendeich
17
D 21107 Hamburg
Land register documents were not available.
COMMERZBANK, 20454 HAMBURG
Sort. code: 20040000
BIC: COBADEHHXXX
Financial year: 01.01.
- 31.12.
Turnover: 2012 EUR
8,000,000.00
2013 EUR
8,000,000.00
further business figures:
Share capital: EUR
1,000,000.00
Equipment: *EUR 330,000.00
Ac/ts receivable: *EUR 810,000.00
Liabilities: *EUR 990,000.00
Employees:
60
Profit transfer agreement to:
HCS GmbH
Schlengendeich 17
D 21107 Hamburg
The business figures marked with an asterisk are estimates based on average values in the line of business.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs. 59.13 |
|
|
1 |
Rs. 99.02 |
|
Euro |
1 |
Rs. 80.62 |
INFORMATION DETAILS
|
Analysis Done by
: |
RSM |
|
|
|
|
Report Prepared
by : |
DPT |
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.