|
Report Date : |
10.05.2014 |
IDENTIFICATION DETAILS
|
Name : |
KARL STORZ GMBH & CO. KG |
|
|
|
|
Registered Office : |
Mittelstr. 8, D 78532 Tuttlingen |
|
|
|
|
Country : |
Germany |
|
|
|
|
Date of Incorporation : |
1945 |
|
|
|
|
Com. Reg. No.: |
HRA 450442 |
|
|
|
|
Legal Form : |
Ltd partnership with priv. ltd. company as general partner |
|
|
|
|
Line of Business : |
· Manufacture of technical instruments and supplies for medical purposes · Wholesale of medical and orthopedic goods, dental and laboratory supplies ·
Other research and experimental development on
natural sciences and engineering |
|
|
|
|
No. of Employees : |
2,000 |
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 – 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 |
|
Moderately Low Risk |
B1 |
|
Moderate Risk |
B2 |
|
Moderately 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 |
KARL STORZ GMBH &
CO. KG
Company Status: active
Mittelstr. 8
D 78532 Tuttlingen
Telephone:07461/708-0
Telefax: 07461/708-105
Homepage: www.karlstorz.com
E-mail: info@karlstorz.com
VAT no.: DE142931059
Tax ID number: 21062/03455
LEGAL FORM Ltd partnership with priv. ltd. company as general partner
Date of foundation: 1945
Registered on: 23.07.1962
Register of
companies: Local court 70190 Stuttgart
under: HRA 450442
Total cap. contribution: EUR 1,925,013.93
Limited partner:
Dr.h.c.mult. Sybill Storz
D 78532 Tuttlingen
born: 04.06.1937
Share: EUR 840,724.40
Limited partner:
Gudrun Heine
Döllenstr. 15
D 78337 Öhningen
born: 19.10.1954
née: Storz
Share: EUR 840,724.40
Limited partner:
Karl-Christian Storz
D 78532 Tuttlingen
born: 28.04.1966
Share: EUR 207,774.70
Limited partner:
Karl Storz Verwaltungsgesellschaft mbH
Mittelstr. 8
D 78532 Tuttlingen
Legal form: Private limited company
Share capital: EUR 30,677.52
Share: EUR 35,790.43
Registered on: 09.12.1977
Reg. data: 70190 Stuttgart, HRB 450225
General partner:
Karl Storz Verwaltungsgesellschaft mbH
Mittelstr. 8
D 78532 Tuttlingen
Legal form: Private limited company
Share capital: EUR 30,677.52
Registered on: 09.12.1977
Reg. data: 70190 Stuttgart, HRB 450225
Shareholder:
Dr.h.c.mult. Sybill Storz
D 78532 Tuttlingen
born: 04.06.1937
Share: EUR 13,651.49
Shareholder:
Gudrun Heine
Döllenstr. 15
D 78337 Öhningen
born: 19.10.1954
née: Storz
Share: EUR 13,651.49
Shareholder:
Karl-Christian Storz
D 78532 Tuttlingen
born: 28.04.1966
Share: EUR 3,374.54
Manager:
Dr.h.c.mult. Sybill Storz
D 78532 Tuttlingen
born: 04.06.1937
Marital status: unknown
1945 - 30.11.1999 Karl Storz GmbH & Co.
Mittelstr. 8
D 78532 Tuttlingen
Ltd partnership with priv. ltd. company
as general partner
Sectors
32501 Manufacutre of technical instruments and supplies for medical purposes n.e.c.
46462 Wholesale of medical and orthopedic goods, dental and laboratory supplies
7219 Other research and experimental development on natural sciences and engineering
Works:
Karl Storz GmbH & Co. KG
Carl-von-Linde-Str. 15
D 85748 Garching
TEL.: 089/3268680
Branch:
Karl Storz GmbH & Co. KG
Friedrich-List-Str. 16
D 76297 Stutensee
Branch:
Karl Storz GmbH & Co KG
Ohlauer Str. 43
D 10999 Berlin
TEL.: 030/3069090
Limited partner:
Karl Storz Immobilien GmbH & Co.
Kommanditgesellschaft
Mittelstr. 8
D 78532 Tuttlingen
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: 16.01.2008
Local court 70190 Stuttgart
HRA 722262
Shareholder:
Storz Endoskop Produktions GmbH
Mittelstr. 8
D 78532 Tuttlingen
Post Box:
230
Legal form: Private limited company
Company Status: active
Share capital: EUR 500,000.00
Share: EUR 500,000.00
Reg. data: 14.03.2001
Local court 70190 Stuttgart
HRB 451142
Shareholder:
Elzacher Feinmechanik GmbH
Industriestr. 6
D 79215 Elzach
Legal form: Private limited company
Company Status: active
Share capital: EUR 79,250.24
Share: EUR 79,250.24
Reg. data: 28.10.1981
Local court 79098 Freiburg
HRB 280134
Shareholder:
How to Organize (H2O) GmbH
Scharnhorststr. 3
D 10115 Berlin
Legal form: Private limited company
Company Status: active
Share capital: EUR 170,000.00
Share: EUR 145,000.00
Reg. data: 01.07.2004
Local court 14057 Berlin
HRB 93287 B
Shareholder:
Paul Peschke GmbH
In der Breite 2
D 88637 Leibertingen
Legal form: Private limited company
Company Status: active
Share capital: EUR 350,000.00
Share: EUR 87,500.00
Reg. data: 11.02.1985
Local court 89073 Ulm
HRB 710360
Shareholder:
MEDNOVO Medical Software Solutions GmbH
Hohenzollerndamm 150
D 14199 Berlin
Legal form: Private limited company
Company Status: active
Share capital: EUR 74,350.00
Share: EUR 59,475.00
Reg. data: 26.10.2005
Local court 14057 Berlin
HRB 98983 B
Shareholder:
Karl Storz -Endoskope Berlin GmbH
Scharnhorststr. 3
D 10115 Berlin
Legal form: Private limited company
Company Status: active
Share capital: EUR 26,000.00
Share: EUR 26,000.00
Reg. data: 27.06.1977
Local court 14057 Berlin
HRB 11696 B
Shareholder:
Endo-Press GmbH
Mittelstr. 8
D 78532 Tuttlingen
Legal form: Private limited company
Company Status: active
Share capital: EUR 25,564.59
Share: EUR 25,564.59
Reg. data: 27.02.1998
Local court 70190 Stuttgart
HRB 450969
Shareholder:
Gustav Müller GmbH Medizintechnik
Elsa-Brandström-Weg 21
D 78532 Tuttlingen
Legal form: Private limited company
Company Status: active
Share capital: EUR 25,564.59
Share: EUR 25,264.59
Reg. data: 18.12.1972
Local court 70190 Stuttgart
HRB 450103
Shareholder:
Karl Storz Immobilienverwaltungsgesellschaft
mbH
Mittelstr. 8
D 78532 Tuttlingen
Legal form: Private limited company
Company Status: active
Share capital: EUR 25,000.00
Share: EUR 25,000.00
Reg. data: 15.01.2008
Local court 70190 Stuttgart
HRB 725147
Shareholder:
MTP Medical Technical Promotion GmbH
Mittelstr. 8
D 78532 Tuttlingen
Legal form: Private limited company
Company Status: active
Share capital: EUR 25,000.00
Share: EUR 25,000.00
Reg. data: 11.02.2013
Local court 70190 Stuttgart
HRB 744112
Shareholder:
Karl Storz Technologie Beteiligungs GmbH
Rottstr. 19
D 52068 Aachen
Legal form: Private limited company
Company Status: in liquidation
since: 21.01.2013
Share capital: EUR 30,000.00
Share: EUR 20,000.00
Reg. data: 04.11.2003
Local court 52070 Aachen
HRB 12150
Shareholder:
CLEANICAL ® GmbH
Genthiner Str. 11
D 10785 Berlin
Legal form: Private limited company
Company Status: active
Share capital: EUR 25,000.00
Share: EUR 18,750.00
Reg. data: 05.01.2007
Local court 14057 Berlin
HRB 105474 B
Shareholder:
IRDC GmbH International Reference and
Development Center for Surgical Technology
Käthe-Kollwitz-Str. 64
D 04109 Leipzig
Legal form: Private limited company
Company Status: active
Share capital: EUR 25,000.00
Share: EUR 6,500.00
Reg. data: 05.08.2009
Local court 04275 Leipzig
HRB 25312
Payment experience: cash discount/within agreed terms
Negative information: We have no negative information at hand.
Type of ownership: proprietor
Share: 100.00 %
Address Mittelstr. 8
D 78532 Tuttlingen
Real Estate of: Karl Storz Verwaltungsgesellschaft mbH
Type of ownership: Tenant
Address Mittelstr. 8
D 78532 Tuttlingen
Land register documents were not available.
Principal bank
COMMERZBANK VORMALS DRESDNER BANK, 78506 TUTTLINGEN
Sort. code: 64380011, Account no.: 271330500
BIC: DRESDEFF643
Further banks
DEUTSCHE BANK, 78506 TUTTLINGEN
Sort. code: 65370075, Account no.: 211639000
BIC: DEUTDESS653
VOLKSBANK DONAU-NECKAR, 78513 TUTTLINGEN
Sort. code: 64390130, Account no.: 772003
BIC: GENODES1TUT
KREISSPARKASSE TUTTLINGEN, 78502 TUTTLINGEN
Sort. code: 64350070, Account no.: 1322
BIC: SOLADES1TUT
Financial year: 01.01. - 31.12.
Turnover: 2013 *EUR 228,000,000.00
Equipment: *EUR 19,000,000.00
Ac/ts receivable: *EUR 22,800,000.00
Liabilities: *EUR 17,100,000.00
Employees: 2,000
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.60.05 |
|
|
1 |
Rs.101.65 |
|
Euro |
1 |
Rs.83.07 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
NNA |
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.