|
Report Date : |
24.09.2014 |
IDENTIFICATION DETAILS
|
Name : |
BDSK HANDELS GMBH & CO. KG |
|
|
|
|
Registered Office : |
Mergentheimer Str. 59, D 97084 Würzburg |
|
|
|
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Country : |
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|
|
|
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Date of Incorporation : |
17.10.2011 |
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Legal Form : |
Limited Partnership With Private Limited Company as General Partner |
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|
|
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Line of Business : |
·
Retail sale of furniture, lighting
equipment and other household articles ·
Retail sale of computers, peripheral units
and software ·
Retail sale of textiles ·
Warehousing |
|
|
|
|
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 |
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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 |
BDSK HANDELS GMBH & CO. KG
Company Status: active
Mergentheimer Str. 59
D 97084 Würzburg
Telephone:0931/61060
Telefax: 0931/35955033
Homepage: www.xxxlshop.de
E-mail: info@xxxlmoebelhaeuser.de
VAT no.: DE279448078
Tax ID number: 257/117/01926
Business relations are
permissible.
LEGAL FORM Ltd
partnership with priv. ltd. company as
general partner
Date of foundation: 17.10.2011
Registered on: 17.10.2011
Register of
companies: Local
court 97070 Würzburg
under: HRA
6804
Total cap.
contribution: EUR 1,000.00
Limited partner:
Mann
Mobilia Beteiligungs GmbH
Mergentheimer Str. 59
D
97084 Würzburg
Legal form: Private limited company
Share
capital: EUR 340,500.00
Share: EUR 1,000.00
Registered on: 09.05.2007
Reg. data:
97070 Würzburg, HRB 9458
General partner:
BDSK
Verwaltungs GmbH
Mergentheimer Str. 59
D
97084 Würzburg
Legal
form: Private limited company
Share
capital: EUR 25,000.00
Registered on: 07.10.2004
Reg.
data: 97070 Würzburg, HRB 8556
Shareholder:
Mann
Mobilia Beteiligungs GmbH
Mergentheimer Str. 59
D
97084 Würzburg
Legal
form: Private limited company
Share
capital: EUR 340,500.00
Share: EUR 25,000.00
Registered on: 09.05.2007
Reg.
data: 97070 Würzburg, HRB 9458
Manager:
Dr.
Richard Seifert
A Wels
authorized to jointly represent the company
born: 08.12.1949
Nationality: Austrian
Manager:
Konrad
Nill
D
86150 Augsburg
having
sole power of representation
born:
12.07.1971
Manager:
Walter Schlotz
D
97070 Würzburg
authorized to jointly represent the company
born:
17.05.1941
Further
functions/participations of BDSK Verwaltungs GmbH
(General partner)
General partner:
Möbelstadt Rück GmbH & Co. KG
Straßburger Str. 52-60
D
46047 Oberhausen
Post
Box:
10 13
80
Legal
form: Ltd partnership with priv. ltd.
company as general partner
Total
cap. EUR 3,500,000.00
contribution:
Registered
on: 28.01.1950
Reg.
data: 47051 Duisburg, HRA 7773
General partner:
Möbel
Kröger Handels Gesellschaft mit
beschränkter Haftung & Co. KG
Hans-Böckler-Str. 80
D 45127 Essen
Legal
form: Ltd partnership with priv. ltd.
company as general partner
Total
cap. EUR 23,000,000.00
contribution:
Registered
on: 15.03.2000
Reg.
data: 45130 Essen, HRA 7080
General partner:
RERRO
Immobilien GmbH & Co. KG
Mergentheimer Str. 59
D 97084 Würzburg
Legal
form: Ltd partnership with priv. ltd.
company as general partner
Total
cap. EUR 10,000.00
contribution:
Registered
on: 31.07.2014
Reg.
data: 97070 Würzburg, HRA 7287
Main industrial sector
4759 Retail sale of furniture, lighting
equipment and other household articles
Secondary industrial sector
4741 Retail sale of computers, peripheral units
and software
4751 Retail sale of
textiles
5210 Warehousing
Branch:
BDSK
Handels GmbH & Co. KG
Spreewaldallee 38-40
D
68309 Mannheim
TEL.:
0621/7161-505211
FAX.:
0621/7161-505223
Branch:
BDSK
Handels GmbH & Co. KG
Wendenmühle 5
D
38110 Braunschweig
TEL.:
05307/208-0
Branch:
BDSK
Handels GmbH & Co. KG
Industriestr. 5
D
96114 Hirschaid
TEL.:
09543/828-0
FAX.:
09543/371-0
Branch:
BDSK
Handels GmbH & Co. KG
Theresienhöhe 5
D
80339 München
TEL.:
089/5105-0
FAX.:
089/5105-177213
PARTICIPATIONS
Shareholder:
Mömax
Deutschland GmbH
Mergentheimer Str. 59
D
97084 Würzburg
Legal
form: Private limited company
Company
Status: active
Share
capital: EUR 25,000.00
Share: EUR 25,000.00
Reg.
data: 27.02.2013
Local court 97070 Würzburg
HRB 11841
Payment experience: within
periods customary in this trade
Negative information:We
have no negative information at hand.
Type of ownership: Tenant
Address Mergentheimer
Str. 59
D 97084 Würzburg
Real Estate of: BDSK
Verwaltungs GmbH
Type of ownership: Tenant
Address Mergentheimer
Str. 59
D 97084 Würzburg
Land register documents were
not available.
COMMERZBANK, 20454 HAMBURG
Sort. code: 20040000
BIC: COBADEHHXXX
Financial year: 01.01. - 31.12.
The number of employees is not known.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.60.87 |
|
|
1 |
Rs.99.63 |
|
Euro |
1 |
Rs.78.23 |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.