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Report Date : |
21.03.2014 |
IDENTIFICATION DETAILS
|
Name : |
HABU GRANIT-MARMOR KG |
|
|
|
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Registered Office : |
Boschstr. 31, D 28857 Syke |
|
|
|
|
Country : |
Germany |
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|
|
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Date of Incorporation : |
19.07.1983 |
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Legal Form : |
Limited Partnership |
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|
|
|
Line of Business : |
Wholesaler of construction materials of mineral sustances |
|
|
|
|
No of Employees : |
60 |
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 |
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|
|
|
Payment Behaviour : |
No Complaints |
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|
|
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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 – december 01, 2013
|
Country Name |
Previous Rating (30.09.2013) |
Current Rating (01.12.2013) |
|
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 |
HABU Granit-Marmor
KG
Boschstr. 31
D 28857 Syke
Telephone:04242/965-0
Telefax: 04242/965-100
Homepage: www.habu.de
E-mail:
syke@habu.de
Active
DE116641368
46/107/03458
LEGAL FORM Limited
partnership
Date of foundation: 19.07.1983
Registered on: 19.07.1983
Register of
companies: Local
court 29664 Walsrode
under: HRA
110309
Total cap. contribution: EUR 500,000.00
Limited partner:
Caroline Bundt
D 27211 Bassum
born: 13.05.1962
Share: EUR 500,000.00
General partner:
Bettina Bundt
Auf dem
Kamp 7
D 27211 Bassum
born: 06.08.1959
Proxy:
Caroline Bundt
D 27211 Bassum
having sole power of
representation
born: 13.05.1962
19.07.1983 - 22.12.2009 HABU
Granit Hans-Joachim Bundt
Siemensstr. 6
D 28857 Syke
Sole
proprietorship
22.12.2009 - 02.05.2011 HABU
Granit Hans-Joachim Bundt
Boschstr. 31
D 28857 Syke
Sole
proprietorship
02.05.2011 - 11.12.2013 HABU
Granit-Marmor e. K.
Boschstr. 31
D 28857 Syke
Sole
proprietorship
RESIGNED ACTING PERSONS AND SHAREHOLDERS
09.04.2008 - 11.12.2013 General
partner
Christa Bundt
D
27211 Bassum
Main industrial sector
46734
Wholesale of construction materials of mineral sustances
Works:
HABU Granit-Marmor
KG
Bahnhofstr.
D 15745 Wildau
TEL.: 03375/507607
FAX.: 03375/507608
Works:
HABU Granit-Marmor
KG
Glasewitzer
Chaussee 100
D 18273 Güstrow
TEL.: 0173-2459756
FAX.: 03843/840129
Works:
HABU Granit-Marmor
KG
Hallesche
Str. 11
D 06686 Lützen
TEL.: 0173-5651127
FAX.: 02303/987-100
Works:
HABU Granit-Marmor
KG
Max-Planck-Str. 8
D 59423 Unna
TEL.: 02303/987-0
FAX.: 02303/987-100
Works:
HABU Granit-Marmor
KG
Heubacher
Str. 23
D 73566 Bartholomä
Works:
HABU Granit-Marmor
KG
Werkstr.
10
D 04565 Regis-Breitingen
TEL.: 034343/5559-0
Payment experience: within agreed terms
Negative information: We have no negative
information at hand.
Type of ownership: proprietor
Share: 100.00 %
Address Siemensstr. 6
D 28857 Syke
Type of ownership: proprietor
Share: 100.00 %
Address Boschstr. 31
D 28857 Syke
Land register documents were not available.
Principal bank
SPARKASSE BREMEN, 28078 BREMEN
Sort. code: 29050101
BIC: SBREDE22XXX
Further banks
KREISSPARKASSE SYKE, 28846 SYKE
Sort. code: 29151700
BIC: BRLADE21SYK
BREMER LANDESBANK, 28195 BREMEN
Sort. code: 29050000
BIC: BRLADE22XXX
Financial year:
01.01. - 31.12.
Turnover:
2012 EUR 27,200,000.00
2013 EUR 27,200,000.00
further business figures:
Equipment: *EUR 540,000.00
Ac/ts receivable: *EUR 600,000.00
Liabilities: *EUR 1,500,000.00
Employees:
60
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. 61.13 |
|
|
1 |
Rs. 101.17 |
|
Euro |
1 |
Rs. 84.59 |
INFORMATION DETAILS
|
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.