|
Report Date : |
11.10.2014 |
IDENTIFICATION DETAILS
|
Name : |
SCHWEPPER BESCHLAG GMBH & CO. KG |
|
|
|
|
Registered Office : |
Velberter
Str. 83, D 42579 Heiligenhaus, Post Box: 10 06 61, D 42571 Heiligenhaus |
|
|
|
|
Country : |
Germany |
|
|
|
|
Financials (as on) : |
31.12.2012 |
|
|
|
|
Date of Incorporation : |
1872 |
|
|
|
|
Legal Form : |
Limited Partnership With Private Limited Company as General Partner |
|
|
|
|
Line of Business : |
·
Casting
of non-ferrous metals ·
Manufacture
of locks and hinges of non-precious metals |
|
|
|
|
No of Employees : |
57 |
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 – 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 |
SCHWEPPER BESCHLAG GMBH & CO. KG
Company Status: active
Velberter Str. 83
D 42579 Heiligenhaus
Post Box:
10 06 61, D 42571 Heiligenhaus
Telephone:02056/5855-0
Telefax:
02056/5855-41
Homepage: www.schwepper.com
E-mail: info@schwepper.com
VAT
no.: DE812070334
Business relations are permissible.
LEGAL FORM Ltd partnership with priv. ltd.
company as general partner
Date of foundation: 1872
Registered on: 14.10.1908
Register of
companies: Local court 42103 Wuppertal
under: HRA 20790
Total cap. contribution: EUR 511,291.88
Limited partner:
Marcus Schüssler
D 42549 Velbert
born: 28.12.1965
Share: EUR 383,468.91
Limited partner:
Hilmar Schüssler
Schloßstr. 4
D 42551 Velbert
born: 27.02.1929
Share: EUR 127,822.97
General partner:
Schwepper Beschlag
Verwaltungs GmbH
Velberter Str. 83
D 42579 Heiligenhaus
Legal form: Private
limited company
Share capital: EUR 25,564.59
Registered on: 17.04.1996
Reg. data: 42103
Wuppertal, HRB 17979
Shareholder:
Marcus Schüssler
D 42549 Velbert
born: 28.12.1965
Share: EUR 19,173.44
Shareholder:
Hilmar Schüssler
Schloßstr. 4
D 42551 Velbert
born: 27.02.1929
Share: EUR 6,391.15
Manager:
Marcus Schüssler
D 42549 Velbert
having sole power of
representation
born: 28.12.1965
Profession: graduate
engineer
Marital status: single
Proxy:
Helmut Vaupel
D 42549 Velbert
having sole power of
representation
born: 23.04.1935
Marital status: unknown
1872 - 14.10.1908 G. Schwepper
D 42551 Velbert
Unregistered
commercial enterprise
14.10.1908 - 17.11.1943 Schwepper Beschlag
D 42551 Velbert
General Partnership
17.11.1943 - 02.01.1973 G. Schwepper
Schloßstr. 2
D 42551 Velbert
General Partnership
02.01.1973 - 26.06.1996 G. Schwepper
Schloßstr. 2
D 42551 Velbert
Limited partnership
26.06.1996 - 17.08.2006 Schwepper Beschlag Gesellschaft mit
beschränkter Haftung
Schloßstr. 4
D 42551 Velbert
Private limited
company
17.08.2006 - 23.12.2013 G. Schwepper Beschlag GmbH + Co
Schloßstr. 4
D 42551 Velbert
Ltd partnership with
priv. ltd. company
as general partner
23.12.2013 - 07.01.2014 G. Schwepper Beschlag GmbH + Co
Velberter Str. 83
D 42579 Heiligenhaus
Ltd partnership with
priv. ltd. company
as general partner
Main industrial sector
24540
Casting of non-ferrous metals
25720
Manufacture of locks and hinges of non-precious metals
Payment experience: within agreed terms
Negative information:We have no negative information
at hand.
Type of ownership: proprietor
Share: 100.00 %
Address Schloßstr. 4
D 42551 Velbert
Type of ownership: Tenant
Address Velberter Str. 83
D 42579 Heiligenhaus
Land register documents were not available.
COMMERZBANK VORMALS DRESDNER BANK, 42508
VELBERT
Sort. code: 33080030
BIC: DRESDEFF332
DEUTSCHE BANK PRIVAT UND GESCHÄFTSKUNDEN,
42508 VELBERT
Sort. code: 33070024
BIC:
DEUTDEDBWUP
DEUTSCHE BANK, 42508 VELBERT
Sort. code: 33070090
BIC: DEUTDEDWXXX
SPARKASSE HILDEN-RATINGEN-VELBERT, 42510
VELBERT
Sort. code: 33450000
BIC: WELADED1VEL
Turnover: 2012 *EUR 5,267,500.00
2013 *EUR 5,267,500.00
further business figures:
Ac/ts receivable: EUR 316,805.00
Liabilities: EUR 1,610,742.00
Employees: 57
-
Part-time employees: 12
-
Trainees:
2
The
business figures marked with an asterisk are estimates based
on
average values in the line of business.
Balance sheet ratios 01.01.2012 - 31.12.2012
Equity ratio [%]: 53.95
Liquidity ratio: 0.42
Balance sheet ratios 01.01.2011 - 31.12.2011
Equity ratio [%]: 50.00
Liquidity ratio: 0.51
Balance sheet ratios 01.01.2010 - 31.12.2010
Equity ratio [%]: 47.16
Liquidity ratio: 0.41
Balance sheet ratios 01.01.2009 - 31.12.2009
Equity ratio [%]: 53.27
Liquidity ratio: 0.31
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.
TYPE
OF BALANCE SHEET: COMPANY
BALANCE SHEET
Financial
year: 01.01.2012 - 31.12.2012
ASSETS EUR 2,637,185.53
Fixed assets
EUR 621,706.15
Intangible assets
EUR 76.00
Tangible assets
EUR 621,630.15
Current assets
EUR 2,001,675.08
Stocks
EUR 1,540,050.00
Accounts receivable
EUR 316,805.14
Amounts due from shareholders
EUR 57,834.56
Other debtors and assets
EUR 258,970.58
Liquid means
EUR 144,819.94
Remaining other assets
EUR 13,804.30
Accruals (assets)
EUR 13,804.30
LIABILITIES EUR 2,637,185.53
Shareholders' equity
EUR 595,551.49
Capital
EUR 511,291.88
Limited partner's capital / capital
of partially liable partner (LP)
EUR 511,291.88
Reserves
EUR 84,259.61
Provisions
EUR 430,891.86
Liabilities
EUR 1,610,742.18
Other liabilities
EUR 1,610,742.18
Liabilities due to shareholders
EUR 853,782.48
Unspecified other liabilities
EUR 756,959.70
Type
of balance
sheet: Company balance sheet
Financial year: 01.01.2011 - 31.12.2011
ASSETS EUR 2,788,042.73
Fixed assets
EUR 736,275.15
Intangible assets
EUR 242.00
Other / unspecified intangible assetsEUR 242.00
Tangible assets
EUR 736,033.15
Other / unspecified tangible assets
EUR 736,033.15
Current assets
EUR 2,039,178.04
Stocks
EUR 1,473,975.00
Accounts receivable
EUR 392,949.12
Other debtors and assets
EUR 392,949.12
Liquid means
EUR 172,253.92
Remaining other assets
EUR 12,589.54
Accruals (assets) EUR 12,589.54
LIABILITIES EUR 2,788,042.73
Shareholders' equity
EUR 583,785.49
Capital
EUR 511,291.88
Limited partner's capital / capital
of partially liable partner (LP)
EUR 511,291.88
Reserves
EUR 72,493.61
Provisions
EUR 447,893.59
Liabilities EUR 1,756,363.65
Other liabilities
EUR 1,756,363.65
Liabilities due to shareholders
EUR 810,391.87
Unspecified other liabilities
EUR 945,971.78
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.16 |
|
|
1 |
Rs.98.62 |
|
Euro |
1 |
Rs.77.67 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or
its officials.