|
Report No. : |
317173 |
|
Report Date : |
14.04.2015 |
IDENTIFICATION DETAILS
|
Name : |
TCHIBO GMBH |
|
|
|
|
Registered Office : |
Überseering 18,
D 22297 Hamburg |
|
|
|
|
Country : |
Germany |
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Year of Establishments : |
1949 |
|
|
|
|
Com. Reg. No.: |
HRB 43618 |
|
|
|
|
Legal Form : |
Private Limited Company |
|
|
|
|
Line of Business : |
Subject is mainly engaged in processing and sale of coffee. However, they also offer products e.g. garments resp. Textiles made of organic Cotton, home wares, furniture etc. |
|
|
|
|
No of Employees : |
Not Available [Note: We tried to confirm the
number of employees but no one is ready to part any information from the
company management.] |
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 – 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 |
TCHIBO GmbH
Überseering 18
D 22297 Hamburg
Telephone:040/6387-0
Telefax: 040/6387-2600
Homepage: www.tchibo.com
E-mail: presse@tchibo.de
DE811164447
active
LEGAL FORM Private
limited company
Date of foundation: 1949
Shareholders'
agreement: 28.11.1989
Registered on:
26.01.1990
Commercial Register: Local court 20355 Hamburg
under: HRB
43618
Share capital: EUR 40,500,000.00
maxingvest ag
Überseering 18
D 22297 Hamburg
Post Box:
60 30 60, D 22290
Hamburg
Legal form: Public
limited company
Share
capital: EUR 125,000,000.00
Share: EUR 40,500,000.00
Registered on:
08.05.1978
Reg. data: 20355
Hamburg, HRB 21337
Control and profit
transfer agreement
Dr. Markus Jochen
Conrad
Goßlerstr. 24
D 22587 Hamburg
authorized to
jointly represent the company
born: 24.10.1959
Profession:
Businessman
Marital status:
married
Manager:
Holger Bellmann
Große Str. 139
D 21075 Hamburg
authorized to jointly
represent the company
born: 15.02.1964
Profession: Businessman
Manager:
Dr. Sven Axel Groos
D 20095 Hamburg
born: 17.06.1968
Marital status: single
Manager:
Yves Marc Müller
Goernestr. 29
D 20249 Hamburg
authorized to jointly
represent the company
born: 11.10.1969
Marital status: unknown
Manager:
Pieter Patrick Raming
D 22297 Hamburg
born: 30.01.1966
Michael Herz
D 20095 Hamburg
born: 28.09.1943
Profession:
Manager
Marital status:
married
Wolfgang Herz
Bellevue 18
D 22301 Hamburg
born: 25.05.1950
Profession:
Businessman
Marital status:
married
Member of the
Supervisory Board:
Thomas Holzgreve
D 23843 Bad
Oldesloe
born: 25.02.1957
Profession: Fully
qualified merchant
Marital status:
unknown
Member of the
Supervisory Board:
Prof. Dr. Reinhard
Karl Georg Pöllath
D 80331 München
born: 15.01.1948
in Marktredwitz
Profession:
Solicitor
Marital status:
married
Member of the
Supervisory Board:
Björn Gulden
In der Fleite 8
D 45529 Hattingen
born: 04.06.1965
Profession:
Businessman
Member of the
Supervisory Board:
Manfred Schmidt
CH Genf
Nationality: Swiss
Representative of the Employees within the Supervisory Board:
Dr. Rainer
Pastuszek
Am Reisenbrook 49b
D 22359 Hamburg
born: 26.07.1954
Profession:
Businessman
Representative of
the Employees within the Supervisory Board:
Karl-Friedrich
Wrede
D 22297 Hamburg
Representative of
the Employees within the Supervisory Board:
Ingelore Lehmann
D 20095 Hamburg
Representative of
the Employees within the Supervisory Board:
Emilja Mitrovic
D 20095 Hamburg
Representative of
the Employees within the Supervisory Board:
Ralf Neumann
D 20095 Hamburg
Representative of
the Employees within the Supervisory Board:
Petra Reimann
D 20095 Hamburg
Proxy:
Rainer Schmetzer
D 68775 Ketsch
authorized to
jointly represent the company
born: 15.07.1961
Proxy:
Dr. Wolfgang
Merkle
Maetzelweg 8
D 22359 Hamburg
authorized to
jointly represent the company
born: 05.04.1959
Profession:
Businessman
Marital status:
married
Proxy:
Philip Walter
Seitz
Ebertallee 16
D 22607 Hamburg
authorized to
jointly represent the company
born: 15.08.1962
Profession:
Solicitor
Marital status:
unknown
Proxy:
Wibke Bachor
Osterbekstr. 90a
D 22083 Hamburg
authorized to
jointly represent the company
born: 06.08.1968
née: Harms
Proxy:
Jochen Eckhold
D 22297 Hamburg
authorized to
jointly represent the company
born: 01.12.1969
Proxy:
Esref Önal Öncebe
D 22952 Lütjensee
authorized to
jointly represent the company
born: 19.04.1963
Proxy:
Marc-Stephan
Heinsen
D 24975 Husby
authorized to
jointly represent the company
born: 19.08.1965
Proxy:
Hamid Dastmalchian
D 22297 Hamburg
authorized to
jointly represent the company
born: 08.11.1966
Proxy:
Ralph Dirk Ludwig
D 40210 Düsseldorf
authorized to
jointly represent the company
born: 19.09.1966
Further
functions/participations of Dr. Markus Jochen Conrad
(Manager)
Shareholder:
CERF GmbH
Goßlerstr. 24
D 22587 Hamburg
Legal form: Private
limited company
Share capital: EUR 25,000.00
Share: EUR 25,000.00
Registered
on: 27.12.2010
Reg. data: 20355 Hamburg, HRB 116472
Shareholder:
Earlybird enTrust
Verwaltung GmbH
Alsterchaussee 34
D 20149 Hamburg
Legal form: Private
limited company in
liquidation
Share capital: EUR 62,500.00
Share: EUR 9,375.00
Registered
on: 04.02.2009
Reg. data: 20355 Hamburg, HRB 108309
Manager:
CERF GmbH
Goßlerstr. 24
D 22587 Hamburg
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 27.12.2010
Reg. data: 20355 Hamburg, HRB 116472
Member of the Supervisory Board:
ZERTUS GmbH
Zirkusweg 2 ( Astraturm )
D 20359 Hamburg
Post Box:
30 42 21, D 20325 Hamburg
Legal form: Private
limited company
Share capital: EUR
22,500,000.00
Registered
on: 07.07.1961
Reg. data: 20355 Hamburg, HRB 9518
Member of the Supervisory Board:
Zuckerraffinerie
Tangermünde Fr. Meyers Sohn
Holding GmbH
Zirkusweg 2 Astraturm
D 20359 Hamburg
Post Box:
30 42 21, D 20325 Hamburg
Legal form: Private
limited company
Share capital: EUR
22,500,000.00
Registered
on: 17.09.1993
Reg. data: 20355 Hamburg, HRB 53809
Further
functions/participations of Holger Bellmann (Manager)
Manager:
TCHIBO Produktions GmbH
Süderstr. 293
D 20537 Hamburg
Legal form: Private limited
company
Share capital: EUR 1,600,000.00
Registered
on: 04.01.2006
Reg. data: 20355 Hamburg, HRB 96004
President of the Supervisory Board:
Libri GmbH
Friedensallee 273
D 22763 Hamburg
Legal form: Private
limited company
Share capital: EUR 26,587.18
Registered
on: 13.11.1997
Reg. data: 20355 Hamburg, HRB 65430
Further
functions/participations of Yves Marc Müller (Manager)
Manager:
TCHIBO Energie GmbH
Überseering 18
D 22297 Hamburg
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 18.12.2012
Reg. data: 20355 Hamburg, HRB 125681
28.11.1989 - 26.03.2004 TCHIBO Frisch-Röst-Kaffee GmbH
Überseering 18
D 22297 Hamburg
Private limited company
02.02.2009 - 03.11.2014 Manager
Peter Heinrich
Rikowski
D 22391 Hamburg
21.01.2014 - 20.10.2014 Manager
Dirk Engehausen
D 85598 Baldham
28.11.2007 - 03.09.2013 Manager
Wioletta Rosolowska
D 22297 Hamburg
Main industrial
sector
· Engaged in Processing of Coffee and Tea
·
Engaged as Wholesaler of Coffee, Tea, Cocoa and
Spices
Note:
apart from Coffee Specialties, subject product range
includes Travel, Mobile Telephony, Financial Services, Fashion and Technology.
Branch:
TCHIBO GmbH
Altonaer Str. 40
D 25436 Tornesch
Branch:
TCHIBO GmbH
Wendenstr. 464
D 20537 Hamburg
Branch:
TCHIBO GmbH
Alexanderplatz 2
D 10178 Berlin
TEL.: 030-24720696
Branch:
TCHIBO GmbH
Neue Eiler Str. 28
D 51145 Köln
Branch:
TCHIBO GmbH
Bruchstr. 5c
D 45883 Gelsenkirchen
TEL.: 0209/9411212
Branch:
TCHIBO GmbH
Pickhuben 5
D 20457 Hamburg
Limited partner:
TCHIBO Manufacturing GmbH
& Co. KG
Überseering 18
D 22297 Hamburg
Legal form: Ltd
partnership with priv. ltd.
company as general
partner
Company Status: active
Total cap. EUR 18,500,000.00
contribution:
Share: EUR 18,500,000.00
Reg. data: 12.01.2005
Local court
20355 Hamburg
HRA 101412
Limited partner:
Meister-Kaffee GmbH &
Co. Vertriebs
Kommanditgesellschaft
Überseering 18
D 22297 Hamburg
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Company Status: active
Total cap. EUR 102,258.38
contribution:
Share: EUR 76,693.78
Reg. data: 25.11.2003
Local court
20355 Hamburg
HRA 99381
Limited partner:
Tchibo Markenverwaltungs
GmbH & Co. KG
Am Heisterbusch 11
D 19258 Gallin
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Company Status: active
Total cap. EUR 100,000.00
contribution:
Share: EUR 100,000.00
Reg. data: 23.10.2007
Local court
19053 Schwerin
HRA 2757
Limited partner:
Olymp Vermögensverwaltung
GmbH & Co.
Dienstleistungs-KG
Am Heisterbusch 11
D 19258 Gallin
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Company Status: active
Total cap. EUR 100,000.00
contribution:
Share: EUR 94,000.00
Reg. data: 04.08.2003
Local court
19053 Schwerin
HRA 2183
Limited partner:
TCHIBO Mobilfunk GmbH
& Co. KG
Überseering 18
D 22297 Hamburg
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Company Status: active
Total cap. EUR 25,000.00
contribution:
Share: EUR 12,500.00
Reg. data: 12.12.2003
Local court
20355 Hamburg
HRA 99535
Shareholder:
TCHIBO Produktions GmbH
Süderstr. 293
D 20537 Hamburg
Legal form: Private
limited company
Company Status: active
Share capital: EUR 1,600,000.00
Share: EUR 1,600,000.00
Reg. data: 04.01.2006
Local court
20355 Hamburg
HRB 96004
Shareholder:
G. C. Breiger &
Company GmbH
Pickhuben 5
D 20457 Hamburg
Legal form: Private
limited company
Company Status: active
Share capital: EUR 925,000.00
Share: EUR 925,000.00
Reg. data: 31.01.1988
Local court
20355 Hamburg
HRB 33715
Shareholder:
International Coffee
Partners GmbH
Am Sandtorpark 4
D 20457 Hamburg
Legal form: Private
limited company
Company Status: active
Share capital: EUR 175,000.00
Share: EUR 25,000.00
Reg. data: 20.06.2001
Local court
20355 Hamburg
HRB 80448
Shareholder:
TCHIBO Energie GmbH
Überseering 18
D 22297 Hamburg
Legal form: Private
limited company
Company Status: active
Share capital: EUR 25,000.00
Share: EUR 25,000.00
Reg. data: 18.12.2012
Local court
20355 Hamburg
HRB 125681
Shareholder:
TCHIBO Mobilfunk
Beteiligungs-GmbH
Überseering 18
D 22297 Hamburg
Legal form: Private
limited company
Company Status: active
Share capital: EUR 25,000.00
Share: EUR 12,500.00
Reg. data: 09.01.2004
Local court
20355 Hamburg
HRB 89386
Payment experience: cash discount/within agreed terms
Negative information: We have no negative information at hand.
Balance sheet year: 2013
Type of ownership: Tenant
Address Überseering
18
D 22297 Hamburg
Real Estate of: maxingvest
ag
Type of ownership: proprietor
Share: 100.00 %
Address Überseering
18
D 22297 Hamburg
Real Estate of: Holger
Bellmann
Type of ownership: Tenant
Address Große
Str. 139
D 21075 Hamburg
Land register documents were not available.
Principal bank
COMMERZBANK, 20454 HAMBURG
Sort. code: 20040000
BIC: COBADEHHXXX
Further banks
DEUTSCHE BANK, 20079 HAMBURG
Sort. code: 20070000
BIC: DEUTDEHHXXX
SEB MERCHANT BANK HAMBURG, 20010 HAMBURG
Sort. code: 20020200
BIC: ESSEDEFFHAM
Turnover:
2013 EUR 2,911,596,351.00
Profit:
2013 EUR 206,990,378.00
Equipment: EUR 67,301,342.00
Ac/ts receivable: EUR 246,852,479.00
Liabilities: EUR 549,002,622.00
Real estate of the firm: EUR 66,886.00
The number of employees is not known.
Control and profit transfer agreement to:
maxingvest ag
Überseering 18
D 22297 Hamburg
Post Box:
60 30 60, D 22290
Hamburg
Balance sheet ratios 01.01.2013 - 31.12.2013
Equity ratio [%]: 54.90
Liquidity ratio: 1.24
Return on total capital [%]: 17.53
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.
Return on total
capital
The return on total capital shows the
efficiency and return on
the total capital employed in the company. The
higher the return
on total capital, the more economically does
the company work
with the invested capital.
Type of balance sheet: Company balance sheet
Financial year:
01.01.2013 -
31.12.2013
ASSETS EUR 1,180,449,139.00
Fixed
assets EUR 482,501,035.00
Intangible
assets EUR 43,079,745.00
Concessions, licences, rights
EUR 38,019,556.00
Advance
payments for intang. assets EUR 5,060,189.00
Tangible
assets EUR 77,862,985.00
Land /
similar rights EUR 66,886.00
Plant /
machinery EUR 8,498,619.00
Other
tangible assets / fixtures and
fittings
EUR 67,301,342.00
Advance
payments made / construction
in
progress
EUR 1,996,138.00
Financial
assets EUR 361,558,305.00
Shares in
participations /
subsidiaries and the like
EUR 361,486,875.00
Shares in
related companies EUR 354,845,757.00
Shares in
investee companies EUR 6,641,118.00
Other
loans EUR 71,430.00
Current
assets EUR 696,152,461.00
Stocks EUR 439,927,298.00
Raw
materials, consumables and
supplies
EUR 47,237,348.00
Finished
goods / work in progress EUR 390,221,812.00
Advance
payments made EUR 2,468,138.00
Accounts
receivable EUR 246,852,479.00
Trade
debtors EUR 130,292,063.00
Amounts due
from related companies EUR 105,963,913.00
Other
debtors and assets EUR 10,596,503.00
Liquid
means EUR 9,372,684.00
Remaining
other assets EUR 1,795,643.00
Accruals
(assets) EUR 1,066,394.00
Active difference
from asset
offsetting
EUR 729,249.00
LIABILITIES EUR 1,180,449,139.00
Shareholders'
equity EUR 297,713,535.00
Capital EUR
40,500,000.00
Subscribed
capital (share capital) EUR 40,500,000.00
Reserves
EUR 257,213,535.00
Capital
reserves EUR 257,213,535.00
Items between
shareholders' equity and
debt
capital
EUR 20,196,283.00
Special
items with reserve funds EUR 20,196,283.00
Provisions EUR 312,226,222.00
Pension
provisions and comparable
provisions EUR 107,047,937.00
Other /
unspecified provisions EUR 205,178,285.00
Liabilities EUR 549,002,622.00
thereof
total due to shareholders EUR 340,309,561.00
Financial
debts EUR 2,502,526.00
Liabilities
due to banks EUR 2,502,526.00
Other
liabilities EUR 546,500,096.00
Trade
creditors (for IAS incl. bills
of
exchange) EUR 98,747,222.00
Liabililties due to related companiesEUR 398,870,549.00
Liabilities
due to investee companiesEUR
3,656,156.00
Unspecified
other liabilities EUR 45,226,169.00
thereof liabilities
from tax /
financial
authorities EUR 31,320,664.00
thereof
liabilities from social
security
EUR 396,184.00
Other
liabilities EUR 1,310,477.00
Deferrals
(liabilities) EUR 1,310,477.00
Guarantees
and other commitments EUR 21,805,291.00
Guarantees /
warranties EUR 21,805,291.00
Guarantees
EUR 21,805,291.00
PROFIT AND LOSS ACCOUNT (cost-summary method)
according to Comm.
Code (HGB)
Sales EUR 2,911,596,351.00
Inventory
change + own costs (+/-) EUR 3,926,124.00
Capitalised
own costs EUR
3,926,124.00
Other
operating income EUR 156,536,477.00
Cost of
materials EUR 1,687,667,308.00
Raw
materials and supplies, purchased
goods EUR 1,687,667,308.00
Gross result
(+/-) EUR 1,384,391,644.00
Staff
expenses EUR 294,358,718.00
Wages and
salaries EUR 243,416,547.00
Social
security contributions and
expenses for
pension plans and
benefits
EUR 50,942,171.00
Total
depreciation EUR 33,946,496.00
Depreciation
on tangible / intangible
asssets
(incl. start-up and exp. of
bus. EUR 33,946,496.00
Other
operating expenses EUR 898,586,104.00
Operating
result from continuing
operations EUR 157,500,326.00
Result from
participating interests
(+/-) EUR 64,964,271.00
Expenses /
income from participations EUR
64,964,271.00
Income from
transfer of profits EUR 11,809,556.00
Income from
related companies EUR 53,154,715.00
Expenses for
the transfer of losses EUR 2,251,976.00
Interest
result (+/-) EUR -13,110,724.00
Interest and
similar income EUR 103,942.00
thereof
from related companies EUR 9,987.00
Interest and
similar expenses EUR 13,214,666.00
thereof
paid to related companies EUR 1,938,557.00
Other
financial result EUR 674.00
Income from
securities and loans from
financial
assets EUR 674.00
Financial
result (+/-) EUR 49,602,245.00
Result from
ordinary operations (+/-) EUR 207,102,571.00
Expenses for
transfer of profits to a
parent
company EUR 206,990,378.00
Income tax /
refund of income tax (+/-)EUR
-1,843.00
Other taxes /
refund of taxes EUR -110,350.00
Tax
(+/-)
EUR -112,193.00
Annual
surplus / annual deficit EUR 0.00
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.39 |
|
UK Pound |
1 |
Rs.91.06 |
|
Euro |
1 |
Rs.66.16 |
INFORMATION DETAILS
|
Analysis Done by
: |
SUB |
|
|
|
|
Report Prepared
by : |
ANK |
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.