MIRA INFORM REPORT

 

 

Report Date :

06.11.2014

 

IDENTIFICATION DETAILS

 

Name :

SCOPIS GMBH

 

 

Registered Office :

Heinrich-Heine-Platz 10, D 10179 Berlin

 

 

Country :

Germany

 

 

Financials (as on) :

31.12.2013

 

 

Date of Incorporation :

22.07.2010

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

·         Manufacutre of technical instruments and supplies for medical purposesn.e.c.

 

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

 

·         Other business support service activities

 

 

No of Employees :

15

 

 

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 – June 1, 2014

 

Country Name

Previous Rating

(31.03.2014)

Current Rating

(01.06.2014)

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

 

Company Name & address

 

SCOPIS GMBH

 

 Company Status:         active

                                    Heinrich-Heine-Platz 10

                                    D 10179 Berlin

                                    Telephone:030/20169380

                                    Telefax:  030/20169320

                                    Homepage: www.scopis.com

                                    E-mail:   info@scopis.com

 

 VAT no.:                      DE272721463

 Tax ID number:             29/014/02034

 

 

CONCLUSION

 

 Business relations are permissible.

 

 

 LEGAL FORM           Private limited company

 Date of foundation:  22.07.2010

 Shareholders'

 agreement:           22.07.2010

 Registered on:       05.08.2010

 Commercial Register: Local court 14057 Berlin

 under:               HRB 128315 B

 

 Share capital:                          EUR             39,779.00

 

 Shareholder:

                      Bartosz Kosmecki

                      Friedelstr. 27

                      D 12047 Berlin

                      born: 18.07.1979 in Stettin / POLEN

                      Share:             EUR             11,823.00

 Shareholder:

                      High-Tech Gründerfonds GmbH & Co. KG

                      Schlegelstr. 2

                      D 53113 Bonn

                      Legal form: Ltd partnership with priv. ltd.

                      company as general partner

                      Total cap.         EUR        239,985,092.00

                      contribution:

                      Share:             EUR              6,690.00

                      Registered on: 16.08.2005

                      Reg. data: 53111 Bonn, HRA 6256

 Shareholder:

                      Andreas Reutter

                      Schönhauser Allee 74a

                      D 10437 Berlin

                      born: 15.03.1985

                      Share:             EUR              4,794.00

 Shareholder:

                      Falk Strascheg Holding GmbH

                      Seestr. 44

                      D 82335 Berg

                      Legal form: Private limited company

                      Share capital:     EUR             25,000.00

                      Share:             EUR              3,677.00

                      Registered on: 28.08.2001

                      Reg. data: 80333 München, HRB 138795

 Shareholder:

                      VC Fonds Technologie Berlin GmbH

                      Bundesallee 210

                      D 10719 Berlin

                      Legal form: Private limited company

                      Share capital:     EUR          1,000,000.00

                      Share:             EUR              3,677.00

                      Registered on: 19.12.2007

                      Reg. data: 14057 Berlin, HRB 111014 B

 Shareholder:

                      Dr. Sinan Christopher Özbek

                      Belziger Str. 48

                      D 10823 Berlin

                      born: 13.01.1981

                      Share:             EUR              3,383.00

 Shareholder:

                      Fraunhofer-Gesellschaft zur Förderung der

                      angewandten Forschung eingetragener Verein

                      Hansastr. 27c

                      D 80686 München

                      Post Box:

                      20 07 33, D 80007 München

                      Legal form: Registered association

                      Share:             EUR              3,235.00

                      Registered on: 23.05.1949

                      Reg. data: 80333 München, VR 4461

 Shareholder:

                      Charité-Universitätsmedizin Berlin

                      Chariteplatz 1

                      D 10117 Berlin

                      Legal form: Statutory body

                      Share:             EUR              2,500.00

                      Reg. data: 14057 Berlin,

 Manager:

                      Bartosz Kosmecki

                      Friedelstr. 27

                      D 12047 Berlin

                      having sole power of representation

                      born: 18.07.1979 in Stettin / POLEN

                      Profession: graduate engineer

                      Nationality: Polish

                      Marital status: unknown

 

 

COMPANY HISTORY

 

 05.08.2010 - 21.01.2014  Scopis GmbH

                          Blücherstr. 22  Aufgang 3

                          D 10961 Berlin

                          Private limited company

 

 

BUSINESS ACTIVITIES

 

 Main industrial sector

 32501   Manufacutre of technical instruments and supplies for

 medical purposesn.e.c.

 

71122   Engineering activities in the field of technical sectoral

 planning andengineering design

 

 Secondary industrial sector

 82999   Other business support service activities n. e. c.

 

Payment experience:  cash discount/within agreed terms

 

Negative information:We have no negative information at hand.

 

 

REAL ESTATE

 

 Type of ownership:   Tenant

 Address              Heinrich-Heine-Platz 10

                      D 10179 Berlin

 

 Real Estate of:      Bartosz Kosmecki

 Type of ownership:   Tenant

 Address              Friedelstr. 27

                      D 12047 Berlin

 

 Land register documents were not available.


BANKERS

 

 BERLINER BANK NIEDERLASSUNG DER DEUTSCHE BANK PGK, 10623 BERLIN

 Sort. code: 10070848, Account no.: 522078500

 BIC: DEUTDEDB110, IBAN: DE89100708480522078500

 

 

FINANCIAL FIGURES

 

 Turnover:                     2013                 *EUR          1,860,000.00

 Profit:                                      2013                 EUR           -902,438.00

 Equipment:                                          *EUR            135,000.00

 Ac/ts receivable:                                              EUR            171,014.00

 Liabilities:                                            EUR          1,063,670.00

 Total numbers of vehicles:                                                       10

 Employees:                                                                               15

 - thereof permanent staff:                                                         10

 - Temporary workers:                                                                 5

 

 The business figures marked with an asterisk are estimates based

  on average values in the line of business.

 

 

BALANCE SHEETS

 

 Balance sheet ratios 01.01.2013 - 31.12.2013

 Equity ratio [%]:                -19.38

 Liquidity ratio:                   0.38

 Return on total capital [%]:    -155.42

 

 Balance sheet ratios 01.01.2012 - 31.12.2012

 Equity ratio [%]:                 63.29

 Liquidity ratio:                   4.35

 Return on total capital [%]:      -1.90

 

 Balance sheet ratios 01.01.2011 - 31.12.2011

 Equity ratio [%]:                 71.06

 Liquidity ratio:                  10.00

 Return on total capital [%]:    -110.20

 

 Balance sheet ratios 28.07.2010 - 31.12.2010

 Equity ratio [%]:                 -7.40

 Liquidity ratio:                   0.09

 Return on total capital [%]:     -11.43

 

 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:      01.01.2013 - 31.12.2013

 

 ASSETS                                  EUR          1,117,362.62

  Fixed assets                           EUR             92,728.00

   Intangible assets                     EUR             37,468.00

   Tangible assets                       EUR             55,260.00

  Current assets                         EUR            505,796.26

   Stocks                                EUR            141,842.54

   Accounts receivable                   EUR            171,014.06

   Liquid means                          EUR            192,939.66

  Remaining other assets                 EUR            518,838.36

   Accruals (assets)                     EUR                856.12

   Deficit not covered by shareholders'

   equity                                EUR            517,982.24

 

 LIABILITIES                             EUR          1,117,362.62

  Shareholders' equity                   EUR                  0.00

   Capital                               EUR             39,779.00

    Subscribed capital (share capital)   EUR             39,779.00

   Reserves                              EUR            709,923.45

    Capital reserves                     EUR            709,923.45

   Balance sheet profit/loss (+/-)       EUR         -1,267,684.69

    Balance sheet profit / loss          EUR         -1,267,684.69

   Other shareholders' equity (+/-)      EUR            517,982.24

    Deficit not covered by shareholders'

    equity                               EUR            517,982.24

  Provisions                             EUR             53,692.27

  Liabilities                            EUR          1,063,670.35

 

 Type of balance

 sheet:               Company balance sheet

 

 Financial year:      01.01.2012 - 31.12.2012

 

 ASSETS                                  EUR            726,093.20

  Fixed assets                           EUR            109,836.00

   Intangible assets                     EUR             49,164.00

    Other / unspecified intangible assetsEUR             49,164.00

   Tangible assets                       EUR             60,672.00

    Other / unspecified tangible assets  EUR             60,672.00

  Current assets                         EUR            280,422.35

   Stocks                                EUR            137,505.96

   Accounts receivable                   EUR            133,139.83

    Other debtors and assets             EUR            133,139.83

   Liquid means                          EUR              9,776.56

  Remaining other assets                 EUR            335,834.85

   Deficit not covered by shareholders'

   equity                                EUR            335,834.85

 

 LIABILITIES                             EUR            726,093.20

  Shareholders' equity                   EUR                  0.00

   Capital                               EUR             29,412.00

    Subscribed capital (share capital)   EUR             29,412.00

   Balance sheet profit/loss (+/-)       EUR           -365,246.85

    Balance sheet profit / loss          EUR           -365,246.85

   Other shareholders' equity (+/-)      EUR            335,834.85

    Deficit not covered by shareholders'

    equity                               EUR            335,834.85

  Provisions                             EUR             93,849.44

  Liabilities                            EUR            632,243.76

   Other liabilities                     EUR            632,243.76

    Unspecified other liabilities        EUR            632,243.76

 

 

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.61.41

UK Pound

1

Rs.98.06

Euro

1

Rs.76.67

 

 

INFORMATION DETAILS

 

Analysis Done by :

RAS

 

 

Report Prepared by :

TPT

 


 

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.