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Report No. : |
315722 |
|
Report Date : |
10.04.2015 |
IDENTIFICATION DETAILS
|
Name : |
SCHLAU HEIMTEX EINKAUFS GMBH |
|
|
|
|
Registered Office : |
Oehrkstr. 1, D 32457 Porta Westfalica |
|
|
|
|
Country : |
Germany |
|
|
|
|
Date of Incorporation : |
01.07.1976 |
|
|
|
|
Legal Form : |
Private Limited Company |
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|
|
|
Line of Business : |
·
Wholesale of
furniture, carpets and rugs and lighting ·
Wholesale of
wallpaper and floor coverings (except carpets
and rugs) ·
Activities of
head offices ·
Other
business support service activities |
|
|
|
|
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 – 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 |
SCHLAU HEIMTEX EINKAUFS GMBH
Company Status: active
Oehrkstr. 1
D 32457 Porta Westfalica
Telephone:05731/765-0
Telefax: 05731/765-160
Homepage: www.brueder-schlau.de
E-mail:
info@brueder-schlau.de
Business relations are permissible.
LEGAL FORM Private limited company
Date of foundation: 01.07.1976
Shareholders'
agreement: 01.07.1976
Registered on: 23.09.1982
Commercial Register: Local court 32545 Bad
Oeynhausen
under: HRB 4601
Share capital: EUR 5,112,918.81
Shareholder:
Brüder Schlau GmbH & Co.
KG
Oehrkstr. 1
D 32457 Porta Westfalica
Legal form: Ltd
partnership with priv. ltd.
company as general
partner
Total cap. EUR 43,650,000.00
contribution:
Share: EUR 5,112,918.81
Registered on: 27.01.1966
Reg. data: 32545 Bad
Oeynhausen, HRA 2676
Profit transfer agreement
Manager:
Dr. Ralf Bartsch
D 30966 Hemmingen
having sole power of
representation
born: 16.04.1959
Profession: Solicitor
Manager:
Wernfried Fesenberg
D 32423 Minden
authorized to jointly
represent the company
born: 19.04.1955
Proxy:
Dirk Schlomann
Auf der Riehe 35a
D 32457 Porta Westfalica
authorized to jointly
represent the company
Marital status: married
Proxy:
Gerd Büsselberg
D 31275 Lehrte
having sole power of
representation
born: 29.10.1943
Proxy:
Michael Beckmeier
D 32602 Vlotho
authorized to jointly represent the company
born: 05.03.1965
Marital status: married
Further functions/participations of Dr. Ralf
Bartsch (Manager)
Manager:
HAMMER System Management
GmbH
Oehrkstr. 1
D 32457 Porta Westfalica
Legal form: Private
limited company
Share capital: EUR 50,000.00
Registered
on: 11.03.2005
Reg. data: 32545 Bad Oeynhausen, HRB 9592
Manager:
Schlau Großhandels GmbH
Oehrkstr. 1
D 32457 Porta Westfalica
Legal form: Private
limited company
Share capital: EUR 200,000.00
Registered
on: 25.06.1984
Reg. data: 32545 Bad Oeynhausen, HRB 5046
Manager:
Schlau Logistik GmbH
Oehrkstr. 1
D 32457 Porta Westfalica
Legal form: Private
limited company
Share capital: EUR 50,000.00
Registered
on: 27.12.2013
Reg. data: 32545 Bad Oeynhausen, HRB 13828
Manager:
Beeth Gesellschaft mit
beschränkter Haftung
Gewerbegebiet Holtrup
D 32457 Porta Westfalica
Legal form: Private
limited company
Share capital: EUR 50,000.00
Registered
on: 26.12.1986
Reg. data: 32545 Bad Oeynhausen, HRB 3769
Manager:
HEI-DE GmbH
Oehrkstr. 1
D 32457 Porta Westfalica
Legal form: Private
limited company
Share capital: EUR 25,564.59
Registered
on: 11.05.1999
Reg. data: 32545 Bad Oeynhausen, HRB 4483
Manager:
Heim und Farbe
Großhandels GmbH
Oehrkstr. 1
D 32457 Porta Westfalica
Legal form: Private
limited company
Share capital: EUR 5,000,000.00
Registered
on: 13.11.2013
Reg. data: 32545 Bad Oeynhausen, HRB 13778
President of the Supervisory Board:
Meffert AG Farbwerke
Sandweg 15
D 55543 Bad Kreuznach
Legal form: Public
limited company
Share capital: EUR
15,000,000.00
Registered
on: 19.03.1997
Reg. data: 55543 Bad Kreuznach, HRB 3605
Member of the Supervisory Board:
INDUS Holding
Aktiengesellschaft
Kölner Str. 32
D 51429 Bergisch Gladbach
Post Box:
10 03 53, D 51429 Bergisch
Gladbach
Legal form: Public
limited company
Share capital: EUR
63,571,323.62
Registered
on: 10.10.1991
Reg. data: 50939 Köln, HRB 46360
Further functions/participations of Wernfried
Fesenberg (Manager)
Proxy:
Brüder Schlau GmbH &
Co. KG
Oehrkstr. 1
D 32457 Porta Westfalica
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Total cap. EUR 43,650,000.00
contribution:
Registered
on: 27.01.1966
Reg. data: 32545 Bad Oeynhausen, HRA 2676
22.09.2014 - 30.01.2015 Manager
Karl-Heinz Holtkamp
D 32479 Hille
Main industrial sector
46470
Wholesale of furniture, carpets and rugs and lighting
46738
Wholesale of wallpaper and floor coverings (except carpets and rugs)
7010
Activities of head offices
82999
Other business support service activities n. e. c.
Works:
Schlau Heimtex Einkaufs
GmbH
Im Felde 1 OT Höngeda
D 99998 Weinbergen
TEL.: 03601/446212
Works:
Schlau Heimtex Einkaufs GmbH
Harpener Hellweg 12a
D 44791 Bochum
TEL.: 0234/592502
FAX.: 0234/592083
Works:
Schlau Heimtex Einkaufs
GmbH
Im Steinhof 10
D 44867 Bochum
TEL.: 02327/943606
Works:
Schlau Heimtex Einkaufs
GmbH
Auf dem Esch 67
D 49356 Diepholz
Payment experience: within agreed terms
Negative information:We have no negative
information at hand.
Type of ownership: Tenant
Address Oehrkstr. 1
D 32457 Porta Westfalica
Land register documents were not available.
Principal bank
SPARKASSE MINDEN-LÜBBECKE, 32382 MINDEN, WESTF
Sort. code: 49050101
BIC: WELADED1MIN
Financial year: 01.01. - 31.12.
Share capital: EUR 5,112,918.81
The
number of employees is not known.
Profit transfer agreement to:
Brüder Schlau GmbH &
Co. KG
Oehrkstr. 1
D 32457 Porta Westfalica
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.26 |
|
|
1 |
Rs.92.49 |
|
Euro |
1 |
Rs.66.99 |
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.