MIRA INFORM REPORT

 

 

Report No. :

315724

Report Date :

03.04.2015

 

IDENTIFICATION DETAILS

 

Name :

NKD SERVICES GMBH

 

 

Registered Office :

Bühlstr. 5-7 D 95463 Bindlach

 

 

Country :

Germany

 

 

Date of Incorporation :

06.06.2013

 

 

Com. Reg. No.:

HRB 5758

 

 

Legal Form :

Private limited company

 

 

Line of Business :

·         Service activities incidental to transportation n.e.c

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

 

 

No. of Employee :

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 – December 31, 2014

 

Country Name

Previous Rating

(30.09.2014)

Current Rating

(31.12.2014)

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 and address

 

 NKD SERVICES GMBH

 

Company Status:      active

                     Bühlstr. 5-7

                     D 95463 Bindlach

                     Telephone:09208/699-0

                     Telefax:  09208/699-209

                     Homepage: www.nkd.com

                     E-mail:   service@nkd.de

 

 

Summary

 

LEGAL FORM               Private limited company

Date of foundation:         06.06.2013

Shareholders'

agreement:                    06.06.2013

Registered on:               13.06.2013

Commercial Register:     Local court 95444 Bayreuth

under:                                       HRB 5758

 

 

Share capital

 

EUR             25,100.00

 

Shareholder:

                     NKD Holdings GmbH

                     Bühlstr. 5-7

                     D 95463 Bindlach

                     Legal form: Private limited company

                     Share capital:     EUR             25,000.00

                     Share:             EUR             25,100.00

                     Registered on: 17.02.2014

                     Reg. data: 95444 Bayreuth, HRB 5902

Manager:

                     Bernhard Beck

                     D 95497 Goldkronach

                     authorized to jointly represent the company

                     born: 30.03.1973

Manager:

                     Wilko Rüdiger Hartmann

                     Kampenwandstr. 18c

                     D 85586 Poing

                     born: 23.05.1967

Manager:

                     Frank Beeck

                     CH  Baech

                     born: 28.05.1967

                     Nationality: Swiss

Manager:

                     Christian Welles

                     A  Wien

                     born: 21.04.1970

                     Nationality: Austrian

Proxy:

                     Volker Helmut Putzmann

                     Wilhelmstr. 14

                     D 48149 Münster

                     authorized to jointly represent the company

                     born: 15.05.1966

                     Profession: degree-level communication

                     expert

                     Marital status: single

Proxy:

                     Anton Fuchs

                     D 95500 Heinersreuth

                     authorized to jointly represent the company

                     born: 11.07.1953

Proxy:

                     Gerhard Güldner

                     D 95444 Bayreuth

                     authorized to jointly represent the company

                     born: 21.06.1956

Proxy:

                     Torsten Schwiers

                     D 95463 Bindlach

                     authorized to jointly represent the company

                     born: 18.11.1965

Proxy:

                     Jörg Roßberg

                     D 95488 Eckersdorf

                     authorized to jointly represent the company

                     born: 24.04.1967

                     Profession: Solicitor

Proxy:

                     Gabriele Fluck

                     D 92637 Weiden

                     authorized to jointly represent the company

                     born: 16.10.1967

Proxy:

                     Sabine Schüler

                     D 20095 Hamburg

                     authorized to jointly represent the company

                     born: 05.01.1961

Proxy:

                     Ingo Franke

                     D 95444 Bayreuth

                     authorized to jointly represent the company

                     born: 21.04.1964

 

Further functions/participations of Bernhard Beck (Manager)

Manager:

                     NKD Deutschland GmbH

                     Bühlstr. 5-7

                     D 95463 Bindlach

                     Legal form: Private limited company

                     Share capital:     EUR             25,100.00

                     Registered

                     on:         14.06.2013

                     Reg. data:  95444 Bayreuth, HRB 5760

Manager:

                     NKD Holdings GmbH

                     Bühlstr. 5-7

                     D 95463 Bindlach

                     Legal form: Private limited company

                     Share capital:     EUR             25,000.00

                     Registered

                     on:         17.02.2014

                     Reg. data:  95444 Bayreuth, HRB 5902

 

Further functions/participations of Wilko Rüdiger Hartmann

(Manager)

Shareholder:

                     eh2 GmbH

                     Engasserbogen 28

                     D 80639 München

                     Legal form: Private limited company

                     Share capital:     EUR             30,000.00

                     Share:             EUR             10,000.00

                     Registered

                     on:         18.12.2012

                     Reg. data:  80333 München, HRB 202533

Manager:

                     NKD Holdings GmbH

                     Bühlstr. 5-7

                     D 95463 Bindlach

                     Legal form: Private limited company

                     Share capital:     EUR             25,000.00

                     Registered

                     on:         17.02.2014

                     Reg. data:  95444 Bayreuth, HRB 5902

Manager:

                     NKD Deutschland GmbH

                     Bühlstr. 5-7

                     D 95463 Bindlach

                     Legal form: Private limited company

                     Share capital:     EUR             25,100.00

                     Registered

                     on:         14.06.2013

                     Reg. data:  95444 Bayreuth, HRB 5760

 

Further functions/participations of Frank Beeck (Manager)

Manager:

                     NKD Deutschland GmbH

                     Bühlstr. 5-7

                     D 95463 Bindlach

                     Legal form: Private limited company

                     Share capital:     EUR             25,100.00

                     Registered

                     on:         14.06.2013

                     Reg. data:  95444 Bayreuth, HRB 5760

Manager:

                     NKD Holdings GmbH

                     Bühlstr. 5-7

                     D 95463 Bindlach

                     Legal form: Private limited company

                     Share capital:     EUR             25,000.00

                     Registered

                     on:         17.02.2014

                     Reg. data:  95444 Bayreuth, HRB 5902

 

Further functions/participations of Christian Welles (Manager)

Manager:

                     NKD Deutschland GmbH

                     Bühlstr. 5-7

                     D 95463 Bindlach

                     Legal form: Private limited company

                     Share capital:     EUR             25,100.00

                     Registered

                     on:         14.06.2013

                     Reg. data:  95444 Bayreuth, HRB 5760

Manager:

                     NKD Holdings GmbH

                     Bühlstr. 5-7

                     D 95463 Bindlach

                     Legal form: Private limited company

                     Share capital:     EUR             25,000.00

                     Registered

                     on:         17.02.2014

                     Reg. data:  95444 Bayreuth, HRB 5902

 

 

RESIGNED ACTING PERSONS AND SHAREHOLDERS

 

03.06.2014 - 21.11.2014  Manager

                         Bobby Rajan

                         D 80333 München

17.04.2014 - 28.05.2014  Manager

                         Marcus Joachim Brüning

                         D 80538 München

24.06.2013 - 17.01.2014  Manager

                         Ralf Friedrich Schmitz

                         D 42929 Wermelskirchen

24.06.2013 - 17.01.2014  Manager

                         Stephan Maas

                         D 50667 Köln

24.06.2013 - 15.11.2013  Manager

                         Ralph-Steffen Rosenbauer

                         D 95463 Bindlach

 

 

BUSINESS ACTIVITIES

 

Main industrial sector

52299   Service activities incidental to transportation n.e.c.

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

 

 

FINANCIAL INFORMATION

 

Payment experience:  within agreed terms

Negative information:We have no negative information at hand.

 

 

REAL ESTATE

 

Type of ownership:         Tenant

Address                        Bühlstr. 5-7

                                    D 95463 Bindlach

 

Land register documents were not available.

 

 

BANKERS

 

A bank connection is unknown.

 

 

FINANCIAL FIGURES

 

Financial year:                             3.06. - 31.12.

Share capital:                          EUR             25,100.00

 

The number of employees is not known.


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.62.59

UK Pound

1

Rs.92.46

Euro

1

Rs.67.51

 

INFORMATION DETAILS

 

Analysis Done by :

KAR

 

 

Report Prepared by :

NIT

 

 

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.