|
Report Date : |
10.03.2014 |
IDENTIFICATION DETAILS
|
Name : |
SMS MEER GMBH |
|
|
|
|
Registered Office : |
Ohlerkirchweg 66 D 41069 Mönchengladbach |
|
|
|
|
Country : |
Germany |
|
|
|
|
Date of Incorporation : |
24.01.2001 |
|
|
|
|
Legal Form : |
Private limited company |
|
|
|
|
Line of Business : |
|
|
|
|
|
No. of Employees : |
3,000 |
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, 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 |
SMS MEER GMBH
Company Status: active
Ohlerkirchweg 66
D 41069
Mönchengladbach
Telephone:02161/3500
Telefax: 02161/3501667
Homepage:
www.sms-meer.com
E-mail: info@sms-meer.com
VAT no.: DE813114128
LEGAL FORM Private limited company
Date of foundation: 27.11.2000
Shareholders'
agreement: 27.11.2000
Registered on: 24.01.2001
Commercial Register: Local court
41061 Mönchengladbach
under: HRB 6596
Share capital:
EUR 11,000,000.00
Shareholder:
SMS GmbH
Eduard-Schloemann-Str. 4
D 40237 Düsseldorf
Post Box:
23 02 29, D
40088 Düsseldorf
Legal form:
Private limited company
Share
capital: EUR 52,000,000.00
Share: EUR 11,000,000.00
Registered
on: 29.12.2003
Reg. data:
40227 Düsseldorf, HRB 49121
Control and
profit transfer agreement
Manager:
Torsten
Heising
D 52062
Aachen
born:
31.12.1964
Manager:
Dr. Joachim
Schönbeck
D 47798
Krefeld
born:
30.01.1964
Manager:
Norbert
Theelen
D 41812 Erkelenz
born:
14.01.1958
Proxy:
Frank Hans
Jansen
Erikastr. 2
D 41849
Wassenberg
authorized to
jointly represent the company
born:
19.09.1964
Proxy:
Dr. Andreas
Lieb
D 58285
Gevelsberg
authorized to
jointly represent the company
born:
24.03.1956
Proxy:
Norbert Gober
D 51519 Odenthal
authorized to
jointly represent the company
born:
07.09.1953
Proxy:
Laurent
Heisserer
D 40210
Düsseldorf
authorized to
jointly represent the company
born:
02.02.1966
Proxy:
Michael
Wittke
D 49074
Osnabrück
authorized to
jointly represent the company
born:
21.10.1966
Marital status: single
Proxy:
Martin Kunz
Hinkeldei 4
D 59519
Möhnesee
authorized to
jointly represent the company
born:
22.07.1956
Proxy:
Friedhelm Bitter
D 40210
Düsseldorf
authorized to
jointly represent the company
born:
17.02.1956
Proxy:
Manfred
Skibba
D 41061 Mönchengladbach
authorized to
jointly represent the company
born:
28.05.1951
Proxy:
Johannes
Kahlen
D 52076
Aachen
authorized to
jointly represent the company
born:
21.07.1962
Proxy:
Christian
Sattlecker
D 52428
Jülich
authorized to
jointly represent the company
born:
26.04.1971
Nationality:
Austrian
Proxy:
Frank Harry
Klaus Lüth
An der Flöth
25
D 47906
Kempen
authorized to
jointly represent the company
born:
20.02.1966
Proxy:
Ralph-Andreas
Surma
D 40210
Düsseldorf
authorized to
jointly represent the company
born:
17.01.1969
Proxy:
Andre Rahmen
D 41844 Wegberg
authorized to
jointly represent the company
born:
11.07.1972
Proxy:
Jörn Schulte
D 56479
Niederroßbach
authorized to
jointly represent the company
born:
11.08.1972
Further functions/participations of Torsten Heising (Manager)
Manager:
PWS GmbH
Sondermaschinenbau und
Automatisierungstechnik
Zuppingerstr.
5
D 88213 Ravensburg
Legal form:
Private limited company
Share
capital: EUR 45,000.00
Registered
on: 27.10.2010
Reg. data: 89073 Ulm, HRB 725702
Manager:
SMS
Businesspark City GmbH
Ohlerkirchweg
66
D 41069
Mönchengladbach
Legal form:
Private limited company
Share capital: EUR 100,000.00
Registered
on: 18.01.2013
Reg.
data: 41061 Mönchengladbach, HRB 15355
Further functions/participations of Dr. Joachim Schönbeck
(Manager)
Manager:
SMS GmbH
Eduard-Schloemann-Str. 4
D 40237
Düsseldorf
Post Box:
23 02 29, D
40088 Düsseldorf
Legal form:
Private limited company
Share capital: EUR
52,000,000.00
Registered
on: 29.12.2003
Reg.
data: 40227 Düsseldorf, HRB 49121
Manager:
SMS Holding
GmbH
Wiesenstr. 30
D 57271
Hilchenbach
Legal form:
Private limited company
Share
capital: EUR 10,000,000.00
Registered
on: 01.01.2005
Reg.
data: 57072 Siegen, HRB 7749
President of the Supervisory Board:
SMS Siemag
Aktiengesellschaft
Eduard-Schloemann-Str. 4
D 40237
Düsseldorf
Post Box:
32 02 29
Legal form:
Public limited company
Share
capital: EUR 52,000,000.00
Registered
on: 27.06.1990
Reg. data: 40227 Düsseldorf, HRB 25779
Member of the Supervisory Board:
elexis AG
Industriestr.
1
D 57482
Wenden
Legal form:
Public limited company
Share capital: EUR
23,552,000.00
Registered
on: 27.08.2003
Reg.
data: 57072 Siegen, HRB 7549
26.02.2009 - 25.10.2013 Manager
Jens
Barth
D 41564
Kaarst
Main industrial sector
28290 Manufacture of other
general-purpose machinery
4669 Wholesale of other
machinery, equipment and supplies
71112 Interior design
Branch:
SMS Meer GmbH
Nerscheider
Weg 170
D 52076
Aachen
TEL.:
02408/120
FAX.:
02408/12256
Branch:
SMS Meer GmbH
Stockumer
Str. 28
D 58453
Witten
TEL.:
02302/70983370
FAX.:
02302/70983376
Limited partner:
JATAV
Grundstücksgesellschaft mbH & Co. KG
Ohlerkirchweg
66
D 41069
Mönchengladbach
Legal form:
Ltd partnership with priv. ltd.
company as general partner
Company
Status: active
Total
cap. EUR 25,000.00
contribution:
Share: EUR 25,000.00
Reg.
data: 11.07.2013
Local court 41061
Mönchengladbach
HRA 7075
Limited partner:
SMS
Versorgungswerk GmbH & Co. KG
Wiesenstr. 30
D 57271 Hilchenbach
Legal form:
Ltd partnership with priv. ltd.
company as general partner
Company
Status: active
Total
cap. EUR 100,000.00
contribution:
Share: EUR 21,780.00
Reg.
data: 14.06.2011
Local court 57072 Siegen
HRA 8609
Shareholder:
SMS Businesspark City GmbH
Ohlerkirchweg
66
D 41069
Mönchengladbach
Legal form:
Private limited company
Company
Status: active
Share capital: EUR 100,000.00
Share: EUR 100,000.00
Reg.
data: 18.01.2013
Local court 41061
Mönchengladbach
HRB 15355
Shareholder:
PWS GmbH
Sondermaschinenbau und
Automatisierungstechnik
Zuppingerstr.
5
D 88213
Ravensburg
Legal form:
Private limited company
Company
Status: active
Share
capital: EUR 45,000.00
Share: EUR 40,500.00
Reg.
data: 27.10.2010
Local court 89073 Ulm
HRB 725702
Shareholder:
Y-Com
Gesellschaft für Industrieautomation
mbH
In der Fleute
2
D 42897 Remscheid
Legal form:
Private limited company
Company
Status: active
Share
capital: EUR 26,000.00
Share: EUR 26,000.00
Reg. data:
22.04.2005
Local court 42103 Wuppertal
HRB 19098
Payment experience: in top
condition
Negative information:We have no negative information at hand.
Type of ownership: proprietor
Share: 100.00 %
Address Ohlerkirchweg
66
D 41069
Mönchengladbach
Land register documents were not available.
Principal bank
DEUTSCHE BANK, 41061 MÖNCHENGLADBACH
Sort. code: 31070001
BIC: DEUTDEDD310
Financial year: 01.01. - 31.12.
Share capital:
EUR 11,000,000.00
Employees:
3,000
Control and profit transfer agreement to:
SMS GmbH
Eduard-Schloemann-Str. 4
D 40237
Düsseldorf
Post Box:
23 02 29, D
40088 Düsseldorf
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.60.99 |
|
|
1 |
Rs.102.07 |
|
Euro |
1 |
Rs.84.53 |
INFORMATION DETAILS
|
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.