|
Report Date : |
31.10.2014 |
IDENTIFICATION DETAILS
|
Name : |
PROBAT-WERKE VON GIMBORN MASCHINENFABRIK
GMBH |
|
|
|
|
Registered Office : |
Reeser Str. 94, D 46446 Emmerich, Post
Box: 10 07 52, D 46427 Emmerich |
|
|
|
|
Country : |
Germany |
|
|
|
|
Date of Incorporation : |
1985 |
|
|
|
|
Legal Form : |
Private Limited Company |
|
|
|
|
Line of Business : |
Manufacture of Other
General-Purpose Machinery |
|
|
|
|
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 – 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 |
PROBAT-WERKE VON GIMBORN MASCHINENFABRIK GMBH
Company Status: active
Reeser Str. 94
D 46446 Emmerich
Post
Box:
10 07 52, D 46427 Emmerich
Telephone:02822/912-0
Telefax:
02822/912-444
Homepage: www.probat.com
E-mail:
info@probat.com
VAT
no.: DE811600147
Business relations are permissible.
LEGAL FORM Private limited company
Date of foundation: 1985
Shareholders'
agreement: 31.01.1985
Registered on: 20.01.2005
Commercial
Register: Local court 47533 Kleve
under: HRB 7547
Share capital: EUR 6,000,000.00
Shareholder:
PROBAT-Werke von Gimborn
GmbH
Reeser Str. 94
D 46446 Emmerich
Post Box:
10 07 52, D 46427
Emmerich
Legal form: Private
limited company
Share capital: EUR 5,000,000.00
Share: EUR 6,000,000.00
Registered on: 09.07.2013
Reg. data: 47533 Kleve,
HRB 12224
Manager:
Wim Abbing
D 46446 Emmerich
having sole power of
representation
born: 08.02.1967
Profession: Businessman
Marital status: married
Proxy:
Thomas Hubl
Empeler Str. 64c
D 46459 Rees
authorized to jointly
represent the company
born: 10.05.1966
Profession: Businessman
Proxy:
Klaus van Genabith
Voßstr. 26
D 47574 Goch
authorized to jointly
represent the company
Marital status: married
Proxy:
Günter Simon
Diestelstr. 15e
D 22397 Hamburg
authorized to jointly
represent the company
born: 02.02.1956
Profession: graduate
engineer
Property regime: joint
ownership of property
by a married couple.
Marital status: married
Proxy:
Martin Starke
Leonhardstr. 16
D 45661 Recklinghausen
authorized to jointly
represent the company
born: 31.08.1960
Proxy:
Thomas Koziorowski
D 45468 Mülheim
authorized to jointly
represent the company
born: 10.04.1964
Proxy:
Rainer van der Beek
D 47906 Kempen
authorized to jointly
represent the company
born: 08.04.1967
Proxy:
Alexander Linges
D 47559 Kranenburg
authorized to jointly
represent the company
born: 19.07.1974
Further functions/participations of Wim Abbing
(Manager)
General partner:
Carolin Büns, Dr. Rudolf
Gimborn, Ernestine
von Gimborn-Abbing, Sophia
Jönsson-Storz,
Monica Klais, Hendrina
Krawinkel, Paul
Lensing, Bernt Meinesz,
D 46446 Emmerich
Legal form: Partnership under
the Civil Code
Manager:
van Gülpen Maschinenbau
GmbH
Reeser Str. 94
D 46446 Emmerich
Legal form: Private
limited company
Share capital: EUR 50,000.00
Registered
on: 06.11.1906
Reg. data: 47533 Kleve, HRB 3477
Manager:
BAUERMEISTER
Zerkleinerungstechnik GmbH
Oststr. 40
D 22844 Norderstedt
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 18.12.2003
Reg. data: 24114 Kiel, HRB 5203 NO
Manager:
Hamburg Dresdner
Maschinenfabriken GmbH
Niedersedlitzer Str. 41
D 01239 Dresden
Legal form: Private limited
company
Share capital: EUR 1,000,000.00
Registered
on: 11.02.2014
Reg. data: 01069 Dresden, HRB 33047
Manager:
Maschinenfabrik Ferd.
Gothot Gesellschaft
mit beschränkter Haftung
Reeser Str. 70
D 46446 Emmerich
Legal form: Private
limited company
Share capital: EUR
202,471.58
Registered
on: 15.07.1980
Reg. data: 47533 Kleve, HRB 2814
Manager:
Songwa Estates GmbH
Reeser Str. 94
D 46446 Emmerich
Legal form: Private
limited company
Share capital: EUR 30,000.00
Registered
on: 06.07.2007
Reg. data:
47533 Kleve, HRB 8684
Manager:
PROBAT-Werke von Gimborn
GmbH
Reeser Str. 94
D 46446 Emmerich
Post Box:
10 07 52, D 46427
Emmerich
Legal form: Private
limited company
Share capital: EUR 5,000,000.00
Registered
on: 09.07.2013
Reg. data: 47533 Kleve, HRB 12224
1985 - 06.10.1997 Hermann Bauermeister Maschinenfabrik
G.m.b.H.
Oststr. 40
D 22844 Norderstedt
Private limited
company
06.10.1997
- 20.01.2005 Bauermeister
Verfahrenstechnik GmbH
Oststr. 40
D 22844 Norderstedt
Private limited
company
20.01.2005 - 21.01.2005 Bauermeister Verfahrenstechnik GmbH
Reeser Str. 94
D 46446 Emmerich
Private limited
company
Main industrial sector
28290
Manufacture of Other General-Purpose Machinery
Branch:
Probat-Werke von Gimborn
Maschinenfabrik
GmbH
Oststr. 40
D 22844 Norderstedt
Reg. entry: 02.06.2005
Shareholder:
GWR Galenuswerk Rees GmbH
Empeler Str. 122
D 46459 Rees
Legal form: Private
limited company
Company Status: active
Share capital: EUR 306,780.00
Share: EUR 150,322.00
Reg. data: 16.04.1981
Local court
47533 Kleve
HRB 2827
Shareholder:
BAUERMEISTER
Zerkleinerungstechnik GmbH
Oststr. 40
D 22844 Norderstedt
Legal form: Private
limited company
Company Status: active
Share capital: EUR 25,000.00
Share: EUR 25,000.00
Reg. data: 18.12.2003
Local court
24114 Kiel
HRB 5203 NO
Shareholder:
Songwa Estates GmbH
Reeser Str. 94
D 46446 Emmerich
Legal form: Private
limited company
Company Status: active
Share capital: EUR 30,000.00
Share: EUR 10,000.00
Reg. data: 06.07.2007
Local court
47533 Kleve
HRB 8684
Shareholder:
Bluewater GmbH
Moorweg 6
D 46395 Bocholt
Legal form: Private
limited company
Company Status: in
liquidation
since: 11.01.2012
Share capital: EUR 26,000.00
Share: EUR 6,500.00
Reg. data: 07.07.2011
Local
court 48653 Coesfeld
HRB 13297
Shareholder:
SL ProTec GmbH
Moorweg 6
D 46395 Bocholt
Legal form: Private
limited company
Company Status: insolvent
since: 04.03.2013
Share capital: EUR 25,000.00
Share: EUR 6,250.00
Reg. data: 27.07.2011
Local court
48653 Coesfeld
HRB 13335
Payment experience: without complaints
Negative information:We have no negative
information at hand.
Type of ownership: unknown
Address Reeser Str. 94
D 46446 Emmerich
Land register documents were not available.
Principal bank
COMMERZBANK, 46422 EMMERICH AM RHEIN
Sort. code: 32440023
BIC:
COBADEFFXXX
Further banks
VOLKSBANK ESSEN-CAPPELN, 49632 ESSEN
(OLDENBURG)
Sort. code: 28063526
BIC: GENODEF1ESO
COMMERZBANK, 22824 NORDERSTEDT
Sort. code: 20040000
BIC: COBADEHHXXX
POSTBANK, 51222 KÖLN
Sort. code: 37010050
BIC: PBNKDEFFXXX
SPARKASSE
ESSEN, 45117 ESSEN, RUHR
Sort. code: 36050105
BIC: SPESDE3EXXX
Financial year: 01.01. - 31.12.
Share capital: EUR 6,000,000.00
The number of employees is not known.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.46 |
|
|
1 |
Rs.98.21 |
|
Euro |
1 |
Rs.77.45 |
INFORMATION DETAILS
|
Analysis Done by
: |
KAR |
|
|
|
|
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.