MIRA INFORM REPORT

 

 

Report Date :

31.05.2014

 

IDENTIFICATION DETAILS

 

Name :

AHLERS P.C. GMBH

 

 

Registered Office :

Elverdisser Str. 313, D 32052 Herford

 

 

Country :

Germany

 

 

Date of Incorporation :

15.08.1995

 

 

Com. Reg. No.:

HRB 5941

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

·         Manufacture of knitted and crocheted outerwear

·         Wholesale of clothing

 

 

No. of Employees :

Not Available

 

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 :

Unknown

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

 

 

 

 


Company name and address

 

AHLERS P.C. GMBH

 

 Company Status:         active

                                    Elverdisser Str. 313

                                     D 32052 Herford

                                    Telephone:05221/979-600

                                    Telefax:  05221/74594

                                    Homepage: www.ahlers-ag.com

                                    E-mail:   ahlers-ag@ahlers-ag.com

 

 VAT no.:                      DE811895038

 

 

CONCLUSION

 

 Business relations are permissible.

 

 

Company summary

 

 LEGAL FORM              Private limited company

 Date of foundation:      15.08.1995

 Shareholders'

 agreement:                   15.08.1995

 Registered on:             21.12.1999

 Commercial Register:   Local court 32545 Bad Oeynhausen

 under:                          HRB 5941

 

 Share capital:                          EUR             30,000.00

 

 Shareholder:

                      Ahlers AG

                      Elverdisser Str. 313

                      D 32052 Herford

                      Post Box:

                      11 55, D 32001 Herford

                      Legal form: Public limited company

                      Share capital:     EUR         43,200,000.00

                      Share:             EUR             30,000.00

                      Registered on: 11.10.2001

                      Reg. data: 32545 Bad Oeynhausen, HRB 6541

                      Control and profit transfer agreement

 Manager:

                      Dr. Stella A. Ahlers

                      CH  Zürich

                      born: 24.01.1965

                      Profession: Businessman

 Manager:

                      Dietmar Schiemann

                      D 33602 Bielefeld

                      born: 16.06.1960

                      Profession: Businessman

 Manager:

                      Jürgen Beckmeier

                      D 26121 Oldenburg

                      authorized to jointly represent the company

                      born: 13.12.1953

 Manager:

                      Karl-Friedrich Schielmann

                      D 33602 Bielefeld

                      born: 08.08.1964

 Proxy:

                      Wolfgang Eggert

                      D 33602 Bielefeld

                      authorized to jointly represent the company

                      born: 30.10.1955

 Proxy:

                      Bruno Leder

                      D 31749 Auetal

                      authorized to jointly represent the company

                      born: 16.11.1956

                      Profession: Businessman

                      Marital status: unknown

 Proxy:

                      Klaus Tappe

                      D 32049 Herford

                      authorized to jointly represent the company

                      born: 05.06.1961

 Proxy:

                      Sven Doerbecker

                      D 33602 Bielefeld

                      authorized to jointly represent the company

                      born: 04.09.1968

 Proxy:

                      Oliver Galling

                      D 32049 Herford

                      authorized to jointly represent the company

                      born: 07.01.1966

                      Marital status: married

 Proxy:

                      Bernd Laibach

                      D 36169 Rasdorf

                      authorized to jointly represent the company

                      born: 22.12.1958

 Proxy:

                      Erich Gieselmann

                      D 32049 Herford

                      authorized to jointly represent the company

                      born: 03.10.1955

 Proxy:

                      Dr. Karsten Kölsch

                      D 32052 Herford

                      authorized to jointly represent the company

                      born: 23.11.1960

 

 Further functions/participations of Dr. Stella A. Ahlers

 (Manager)

 Limited partner:

                      Westfälisches Textilwerk Adolf Ahlers KG

                      Elverdisser Str. 313

                      D 32052 Herford

                      Legal form: Limited partnership

                      Total cap.         EUR            122,710.05

                      contribution:

                      Share:             EUR             40,903.35

                      Registered

                      on:         15.04.1949

                      Reg. data:  32545 Bad Oeynhausen, HRA 4158

 Shareholder:

                      Ahlers Beteiligungsgesellschaft mit

                      beschränkter Haftung

                      Elverdisser Str. 313

                      D 32052 Herford

                      Legal form: Private limited company

                      Share capital:     EUR             25,564.59

                      Share:             EUR             25,564.59

                      Registered

                      on:         01.01.1911

                      Reg. data:  32545 Bad Oeynhausen, HRB 7059

 Shareholder:

                      Stiftung Ahlers Pro Arte gemeinnützige GmbH

                      Warmbüchenstr. 16

                      D 30159 Hannover

                      Legal form: Private limited company

                      Share capital:     EUR             51,129.19

                      Share:             EUR             24,542.01

                      Registered

                      on:         08.06.2007

                      Reg. data:  30175 Hannover, HRB 201794

 Manager:

                      Ahlers Retail GmbH

                      Elverdisser Str. 313

                      D 32052 Herford

                      Legal form: Private limited company

                      Share capital:     EUR             51,129.19

                      Registered

                      on:         29.12.1960

                      Reg. data:  32545 Bad Oeynhausen, HRB 6615

 Manager:

                      Ahlers Beteiligungsgesellschaft mit

                      beschränkter Haftung

                      Elverdisser Str. 313

                      D 32052 Herford

                      Legal form: Private limited company

                      Share capital:     EUR             25,564.59

                      Registered

                      on:         01.01.1911

                      Reg. data:  32545 Bad Oeynhausen, HRB 7059

 Manager:

                      Jan Ahlers Textil-Verwaltungsgesellschaft

                      mit beschränkter Haftung

                      Elverdisser Str. 313

                      D 32052 Herford

                      Legal form: Private limited company

                      Share capital:     EUR             25,564.59

                      Registered

                      on:         23.07.1993

                      Reg. data:  32545 Bad Oeynhausen, HRB 7066

 Manager:

                      Pionier Jeans & Casuals Deutschland GmbH

                      Elverdisser Str. 313

                      D 32052 Herford

                      Legal form: Private limited company

                      Share capital:     EUR             25,564.59

                      Registered

                      on:         26.07.2001

                      Reg. data:  32545 Bad Oeynhausen, HRB 5493

 Manager:

                      Pionier Berufskleidung GmbH

                      Bielefelder Str. 236

                      D 32051 Herford

                      Legal form: Private limited company

                      Share capital:     EUR             25,564.59

                      Registered

                      on:         17.02.1976

                      Reg. data:  32545 Bad Oeynhausen, HRB 7054

 Manager:

                      Otto Kern GmbH

                      Elverdisser Str. 313

                      D 32052 Herford

                      Legal form: Private limited company

                      Share capital:     EUR          4,090,335.05

                      Registered

                      on:         11.05.2000

                      Reg. data:  32545 Bad Oeynhausen, HRB 6539

 Manager:

                      Ahlers Vertrieb GmbH

                      Elverdisser Str. 313

                      D 32052 Herford

                      Legal form: Private limited company

                      Share capital:     EUR             25,564.59

                      Registered

                      on:         08.02.1980

                      Reg. data:  32545 Bad Oeynhausen, HRB 6831

 Manager:

                      Elsbach-Leibfried Vertriebsgesellschaft mbH

                      Bielefelder Str. 236

                      D 32051 Herford

                      Legal form: Private limited company

                      Share capital:     EUR             25,564.59

                      Registered

                      on:         17.11.1998

                      Reg. data:  32545 Bad Oeynhausen, HRB 5989

 Manager:

                      Stiftung Ahlers Pro Arte gemeinnützige GmbH

                      Warmbüchenstr. 16

                      D 30159 Hannover

                      Legal form: Private limited company

                      Share capital:     EUR             51,129.19

                      Registered

                      on:         08.06.2007

                      Reg. data:  30175 Hannover, HRB 201794

 Manager:

                      WTW-Beteiligungsgesellschaft mbH

                      Elverdisser Str. 313

                      D 32052 Herford

                      Legal form: Private limited company

                      Share capital:     EUR            100,000.00

                      Registered

                      on:         08.12.1995

                      Reg. data:  32545 Bad Oeynhausen, HRB 6250

 Manager:

                      a-fashion.com GmbH

                      Elverdisser Str. 313

                      D 32052 Herford

                      Legal form: Private limited company

                      Share capital:     EUR             25,000.00

                      Registered

                      on:         14.06.2000

                      Reg. data:  32545 Bad Oeynhausen, HRB 5278

 Manager:

                      Baldessarini GmbH

                      Wilhelm-Wagenfeld-Str. 24

                      D 80807 München

                      Legal form: Private limited company

                      Share capital:     EUR             25,600.00

                      Registered

                      on:         10.01.2005

                      Reg. data:  80333 München, HRB 155574

 Manager:

                      GIN TONIC SPECIAL Mode GmbH

                      Schwertstr. 48

                      D 71065 Sindelfingen

                      Post Box:

                      560, D 71047 Sindelfingen

                      Legal form: Private limited company

                      Share capital:     EUR          1,050,000.00

                      Registered

                      on:         21.11.1985

                      Reg. data:  70190 Stuttgart, HRB 11604

 Manager:

                      Stiftung Diana Pro Arte gemeinnützige GmbH

                      Warmbüchenstr. 17

                      D 30159 Hannover

                      Legal form: Private limited company

                      Share capital:     EUR             25,000.00

                      Registered

                      on:         17.02.2005

                      Reg. data:  30175 Hannover, HRB 62328

 Manager:

                      Stella Pro Arte gemeinnützige GmbH

                      Elverdisser Str. 313

                      D 32052 Herford

                      Legal form: Private limited company

                      Share capital:     EUR             25,000.00

                      Registered

                      on:         11.03.2010

                      Reg. data:  32545 Bad Oeynhausen, HRB 11855

 Manager:

                      Stiftung Kestner Pro Arte gemeinnützige GmbH

                      Warmbüchenstr. 16

                      D 30159 Hannover

                      Legal form: Private limited company

                      Share capital:     EUR             25,000.00

                      Registered

                      on:         29.11.2004

                      Reg. data:  30175 Hannover, HRB 62140

 President of the Board of Directors:

                      Ahlers AG

                      Elverdisser Str. 313

                      D 32052 Herford

                      Post Box:

                      11 55, D 32001 Herford

                      Legal form: Public limited company

                      Share capital:     EUR         43,200,000.00

                      Registered

                      on:         11.10.2001

                      Reg. data:  32545 Bad Oeynhausen, HRB 6541

 Proxy:

                      Westfälisches Textilwerk Adolf Ahlers KG

                      Elverdisser Str. 313

                      D 32052 Herford

                      Legal form: Limited partnership

                      Total cap.         EUR            122,710.05

                      contribution:

                      Registered

                      on:         15.04.1949

                      Reg. data:  32545 Bad Oeynhausen, HRA 4158

 

 Further functions/participations of Dietmar Schiemann (Manager)

 Manager:

                      Dressmaster GmbH

                      Friedrich der Große 60

                      D 44628 Herne

                      Legal form: Private limited company

                      Share capital:     EUR            512,000.00

                      Registered

                      on:         21.12.2000

                      Reg. data:  44787 Bochum, HRB 9216

 

 

 COMPANY HISTORY

 

 15.08.1995 - 27.11.1995  Factory Outlet Textilhandels GmbH

                          Industriestr. 7

                          D 56218 Mülheim-Kärlich

                          Private limited company

 27.11.1995 - 14.02.1996  Eva Maria Remy Factory Outlet

                          Textilhandels-GmbH

                          Industriestr. 7

                          D 56218 Mülheim-Kärlich

                          Private limited company

 14.02.1996 - 09.07.1999  Eva Maria Remy Jeans Stores und

                          Textilhandels-GmbH

                          Industriestr. 7

                          D 56218 Mülheim-Kärlich

                          Private limited company

 09.07.1999 - 21.12.1999  Eva Maria Remy Jeans Stores und

                          Textilhandels-GmbH

                          Elverdisser Str. 313

                          D 32052 Herford

                          Private limited company

 21.12.1999 - 17.06.2003  Ahlers Premium-Mode GmbH

                          Elverdisser Str. 313

                          D 32052 Herford

                          Private limited company

 

 

 RESIGNED ACTING PERSONS AND SHAREHOLDERS

 

 27.10.2003 - 05.02.2014  Manager

                          Hermann Doerbecker

                          D 32049 Herford

 

 

 BUSINESS ACTIVITIES

 

 Main industrial sector

 14133   Manufacture of knitted and crocheted outerwear

14190   Manufacture of other wearing apparel and accessories n.e.c.

46421   Wholesale of clothing

 

 Secondary industrial sector

 64200   Activities of holding companies

 

 

 BRANCHES AND FACTORIES

 

 Branch:

                      Ahlers P.C. GmbH

                      Mariakirchener Str. 32

                      D 94424 Arnstorf

 Branch:

                      Ahlers P.C. GmbH

                      Am Eichelberg 1

                      D 91567 Herrieden

                      TEL.: 09825/9279611

 

 

 FINANCIAL INFORMATION

 

 Payment experience:     in top condition

 

 Negative information:   We have no negative information at hand.

 

 

REAL ESTATE

 

 Type of ownership:       Tenant

 Address                       Elverdisser Str. 313

                                     D 32052 Herford

 

 Land register documents were not available.

 

 

 BANKERS

 

 COMMERZBANK VORMALS DRESDNER BANK, 32004 HERFORD

 Sort. code: 48080020

 BIC: DRESDEFF480

 SPARKASSE KOBLENZ, 56218 MÜLHEIM-KÄRLICH

 Sort. code: 57050120

 BIC: MALADE51KOB

 COMMERZBANK VORMALS DRESDNER BANK, 56504 NEUWIED

 Sort. code: 57080070

 BIC: DRESDEFF570

 COMMERZBANK, 32004 HERFORD

 Sort. code: 49440043

 BIC: COBADEFF494

 DEUTSCHE BANK, 32004 HERFORD

 Sort. code: 48070050

 BIC: DEUTDE3B481

 UNICREDIT BANK - HYPOVEREINSBANK, 80311 MÜNCHEN

 Sort. code: 70020270

 BIC: HYVEDEMMXXX

 SPARKASSE HERFORD, 32045 HERFORD

 Sort. code: 49450120

 BIC: WLAHDE44XXX

 

 

 FINANCIAL FIGURES

 

 Financial year:               01.12. - 30.11.

 Share capital:                          EUR             30,000.00

 The number of employees is not known.

 

 Control and profit transfer agreement to:

                      Ahlers AG

                      Elverdisser Str. 313

                      D 32052 Herford

                      Post Box:

                      11 55, D 32001 Herford


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.59.03

UK Pound

1

Rs.98.91

Euro

1

Rs.80.34

 

INFORMATION DETAILS

 

Analysis Done by :

RAS

 

 

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%)

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.