MIRA INFORM REPORT

 

 

Report Date :

03.05.2014              

 

IDENTIFICATION DETAILS

 

Name :

FERROSTAAL EQUIPMENT SOLUTIONS GMBH

 

 

Registered Office :

Palmaille 67 D 22767 Hamburg

 

 

Country :

Germany

 

 

Financials (as on) :

31.12.2012

 

 

Date of Incorporation :

17.10.2013

 

 

Legal Form :

Private limited company

 

 

Line of Business :

Wholesale of other equipment and accessories for machinery and technical supplies

 

 

No. of Employees

01

 

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

 

 

Source : CIA

 

 

 


NOTE

 

Your inquiry:

 Ferrostaal Equipment Solutions GmbH,

 Hohenzollernstr. 24, D 45128 Essen

 

 The subject of your inquiry is a branch. We are reporting on the headquarters.

 

 

Company name and address

 

FERROSTAAL EQUIPMENT SOLUTIONS GMBH

 

 Company Status:         active

Palmaille 67

D 22767 Hamburg

Telephone:040/3802201

Telefax:  040/380221234

Homepage: www.ferrostaal.com

E-mail:   info@ferrostaal.com

 

 

 CONCLUSION

 

 Business relations are permissible.

 

 

Company summary

 

 LEGAL FORM              Private limited company

 Date of foundation:      30.08.2007

 Shareholders'

 agreement:                   30.08.2007

 Registered on:             17.10.2013

 Commercial Register:   Local court 20355 Hamburg

 under:                          HRB 129348

 

 Share capital:                          EUR          1,000,000.00

 

 Shareholder:

                      Ferrostaal GmbH

                      Hohenzollernstr. 24

                      D 45128 Essen

                      Legal form: Private limited company

                      Share capital:     EUR         70,000,000.00

                      Share:             EUR          1,000,000.00

                      Registered on: 27.03.2012

                      Reg. data: 45130 Essen, HRB 23766

                      Profit transfer agreement

 Manager:

                      Ralf Schwarzhaupt

                      D 22607 Hamburg

                      authorized to jointly represent the company

                      born: 05.01.1966

                      Profession: Businessman

                      Marital status: unknown

 Manager:

                      Dr. Gerd Stephan Pintsch

                      D 45127 Essen

                      having sole power of representation

                      born: 08.10.1959

                      Profession: Businessman

 Proxy:

                      Detlev Wahl

                      Am Holzscheunenberg 10

                      D 21220 Seevetal

                      authorized to jointly represent the company

                      born: 20.09.1953

                      Profession: Businessman

 Proxy:

                      Murat Büyükgünay

                      D 45127 Essen

                      authorized to jointly represent the company

                      born: 12.01.1972

 Proxy:

                      Micha Christian Härcke

                      D 21228 Harmstorf

                      authorized to jointly represent the company

                      born: 08.04.1967

 Proxy:

                      Alexander Graf von der Schulenburg

                      D 45128 Essen

                      authorized to jointly represent the company

                      born: 22.01.1967

 Proxy:

                      Andreas Krieger

                      D 45525 Hattingen

                      authorized to jointly represent the company

                      born: 06.09.1962

 

 Further functions/participations of Ralf Schwarzhaupt (Manager)

 Manager:

                      CCC Machinery GmbH

                      Palmaille 67

                      D 22767 Hamburg

                      Post Box:

                      50 10 40, D 22710 Hamburg

                      Legal form: Private limited company

                      Share capital:     EUR          1,600,000.00

                      Registered

                      on:         06.11.2000

                      Reg. data:  20355 Hamburg, HRB 77678

 Manager:

                      Ferrostaal Risk & Insurance Services GmbH

                      Hohenzollernstr. 24

                      D 45128 Essen

                      Legal form: Private limited company

                      Share capital:     EUR            205,000.00

                      Registered

                      on:         07.04.1989

                      Reg. data:  45130 Essen, HRB 8019

 Manager:

                      Ferrostaal GmbH

                      Hohenzollernstr. 24

                      D 45128 Essen

                      Legal form: Private limited company

                      Share capital:     EUR         70,000,000.00

                      Registered

                      on:         27.03.2012

                      Reg. data:  45130 Essen, HRB 23766

 Manager:

                      Coutinho Caro + Co. International Trading

                      GmbH

                      Palmaille 67

                      D 22767 Hamburg

                      Legal form: Private limited company

                      Share capital:     EUR         13,293,588.91

                      Registered

                      on:         27.06.1996

                      Reg. data:  20355 Hamburg, HRB 61741

 Manager:

                      Ferrostaal Piping Supply GmbH

                      Hohenzollernstr. 24

                      D 45128 Essen

                      Legal form: Private limited company

                      Share capital:     EUR         14,659,000.00

                      Registered

                      on:         07.07.1953

                      Reg. data:  45130 Essen, HRB 11269

 

 Further functions/participations of Dr. Gerd Stephan Pintsch

 (Manager)

 Proprietor:

                      Dr. Gerd Stephan Pintsch

                      Zwergbirkenweg 14

                      D 22175 Hamburg

                      Legal form: Unregistered commercial

                                  enterprise

 Shareholder:

                      Hünert Tanktechnik GmbH

                      Saalestr. 16

                      D 39126 Magdeburg

                      Legal form: Private limited company

                                  insolvent

                      Share capital:     EUR            511,291.90

                      Share:             EUR             51,129.18

                      Registered

                      on:         21.09.2001

                      Reg. data:  39576 Stendal, HRB 112916

 Shareholder:

                      Aandwyn GmbH

                      Zwergbirkenweg 14

                      D 22175 Hamburg

                      Legal form: Private limited company

                      Share capital:     EUR             25,000.00

                      Share:             EUR              5,000.00

                      Registered

                      on:         18.01.2006

                      Reg. data:  20355 Hamburg, HRB 96149

 Manager:

                      Intergrafica Print & Pack GmbH

                      Druckmaschinenvertrieb

                      Hohenzollernstr. 24

                      D 45128 Essen

                      Post Box:

                      10 18 18

                      Legal form: Private limited company

                      Share capital:     EUR          1,000,000.00

                      Registered

                      on:         16.10.1991

                      Reg. data:  45130 Essen, HRB 9387

 Manager:

                      Aandwyn GmbH

                      Zwergbirkenweg 14

                      D 22175 Hamburg

                      Legal form: Private limited company

                      Share capital:     EUR             25,000.00

                      Registered

                      on:         18.01.2006

                      Reg. data:  20355 Hamburg, HRB 96149

 Manager:

                      Ferrostaal Global Printing Service GmbH

                      Hohenzollernstr. 24

                      D 45128 Essen

                      Legal form: Private limited company

                      Share capital:     EUR             25,000.00

                      Registered

                      on:         11.06.2009

                      Reg. data:  45130 Essen, HRB 21474

 Proxy:

                      Ferrostaal GmbH

                      Hohenzollernstr. 24

                      D 45128 Essen

                      Legal form: Private limited company

                      Share capital:     EUR         70,000,000.00

                      Registered

                      on:         27.03.2012

                      Reg. data:  45130 Essen, HRB 23766

 

 

 COMPANY HISTORY

 

 20.12.2007 - 13.02.2008  Blitz 07-799 GmbH

                          Bavariaring 29

                          D 80336 München

                          Private limited company

 13.02.2008 - 14.12.2012  Ferrostaal Railway GmbH

                          Landsberger Str. 110

                          D 80339 München

                          Private limited company

 14.12.2012 - 17.10.2013  Ferrostaal Equipment Solutions GmbH

                          Hohenzollernstr. 24

                          D 45128 Essen

                          Private limited company

 

 

 BUSINESS ACTIVITIES

 

 Main industrial sector

 2829    Manufacture of other general-purpose machinery n.e.c.

 

46693   Wholesale of other equipment and accessories for machinery and technical supplies

 

71122   Engineering activities in the field of technical sectoral planning andengineering design

 


 

 BRANCHES AND FACTORIES

 

 Works:

                      Ferrostaal Equipment Solutions GmbH

                      Hohenzollernstr. 24

                      D 45128 Essen

                      TEL.: 0201/81801

                      FAX.: 0201/8182822

 

 

 PARTICIPATIONS

 

 Shareholder:

                      CCC Machinery GmbH

                      Palmaille 67

                      D 22767 Hamburg

                      Post Box:

                      50 10 40

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR          1,600,000.00

                      Share:             EUR          1,600,000.00

                      Reg. data:  06.11.2000

                      Local court 20355 Hamburg

                       HRB 77678

 

 Payment experience:  within agreed terms

 

 Negative information:We have no negative information at hand.

 

 

BALANCE SHEET YEAR:  2012

 

 

 REAL ESTATE

 

 Type of ownership:       Tenant

 Address                       Palmaille 67

                                    D 22767 Hamburg

 

 Real Estate of:             Dr. Gerd Stephan Pintsch

 Type of ownership:        unknown

 Address                       Zwergbirkenweg 14

                                     D 22175 Hamburg

 

 Land register documents were not available.

 

 

 BANKERS

 

 A bank connection is unknown.

 

 

 FINANCIAL FIGURES

 

 Turnover:            2013              *EUR            122,500.00

 Profit:                          2012                 EUR             -2,231.00

 further business figures:

 Equipment:                               *EUR              8,500.00

 Ac/ts receivable:                                  EUR                 48.00

 Liabilities:                                EUR               9,003,346.00

 Employees:                                                                 1

 

 Profit transfer agreement to:

                      Ferrostaal GmbH

                      Hohenzollernstr. 24

                      D 45128 Essen

 

 The business figures marked with an asterisk are estimates based

  on average values in the line of business.

 

 

 BALANCE SHEETS

 

 Balance sheet ratios     01.01.2012 - 31.12.2012

 Equity ratio [%]:                       0.24

 Return on total capital [%]:      -0.02

 Balance sheet grade:                4.4

 

 Balance sheet ratios     01.01.2011 - 31.12.2011

 Equity ratio [%]:                       100.00

 Liquidity ratio:                          10.00

 Return on total capital [%]:       0.41

 Balance sheet grade:                2.1

 

 Balance sheet ratios     01.01.2010 - 31.12.2010

 Equity ratio [%]:                       100.00

 Liquidity ratio:                          10.00

 Return on total capital [%]:      -1.75

 Balance sheet grade:                2.2

 

 Balance sheet ratios     01.01.2009 - 31.12.2009

 Equity ratio [%]:                       100.00

 Liquidity ratio:                          10.00

 Return on total capital [%]:        -1.03

 Balance sheet grade:                   2.1

 

 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          9,025,026.85

  Fixed assets                           EUR          9,000,000.00

   Financial assets                      EUR          9,000,000.00

    Other / unspecified financial assets EUR          9,000,000.00

  Current assets                         EUR             25,026.85

   Accounts receivable                   EUR                 48.07

    Trade debtors                        EUR                 48.07

   Liquid means                          EUR             24,978.78

 

 LIABILITIES                             EUR          9,025,026.85

  Shareholders' equity                   EUR             21,680.38

   Capital                               EUR             25,000.00

    Subscribed capital (share capital)   EUR             25,000.00

   Balance sheet profit/loss (+/-)       EUR             -3,319.62

    Profit / loss brought forward        EUR             -1,088.59

    Annual surplus / annual deficit      EUR             -2,231.03

  Liabilities                            EUR          9,003,346.47

   Other liabilities                     EUR          9,003,346.47

    Trade creditors (for IAS incl. bills

    of exchange)                         EUR                588.07

    Unspecified other liabilities        EUR          9,002,758.40

 

 TYPE OF BALANCE  SHEET:                          COMPANY BALANCE SHEET

 

 FINANCIAL YEAR:                                            01.01.2011 - 31.12.2011

 

 ASSETS                                  EUR             23,911.41

  Current assets                         EUR             23,911.41

   Liquid means                          EUR             23,911.41

 

 LIABILITIES                             EUR             23,911.41

  Shareholders' equity                   EUR             23,911.41

   Capital                               EUR             25,000.00

    Subscribed capital (share capital)   EUR             25,000.00

   Balance sheet profit/loss (+/-)       EUR             -1,088.59

    Profit / loss brought forward        EUR             -1,186.85

    Annual surplus / annual deficit      EUR                 98.26


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.60.23

UK Pound

1

Rs.101.68

Euro

1

Rs.83.46

 

INFORMATION DETAILS

 

Analysis Done by :

RAS

 

 

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%)

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.