MIRA INFORM REPORT

 

 

Report No. :

319245

Report Date :

30.04.2015

 

IDENTIFICATION DETAILS

 

Name :

THYSSENKRUPP METALSERV GMBH

 

 

Registered Office :

ThyssenKrupp Allee 1, D 45143 Essen, Post Box: 10 38 06, D 45038 Essen

 

 

Country :

Germany

 

 

Year of Establishment :

1920

 

 

Com. Reg. No.:

HRB 22814

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

·         Agents involved in the sale of fuels, ores, metals and industrial chemicals

·         Wholesale of non-ferrous ores, metals and metal semi-finished goods

·         Wholesale of chemical products

 

 

No. of Employees :

Not Available

 

 

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, 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 2014. The new German government introduced a minimum wage of about $11.60 (8.50 euros) 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%. The budget was essentially in balance in 2014. 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 plans to replace nuclear power with renewable energy, which accounts for 34% of total energy consumption, up from 9% in 2000. 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

 

THYSSENKRUPP METALSERV GMBH

 

 Company Status:      Active

                      ThyssenKrupp Allee 1

                      D 45143 Essen

                      Post Box:

                      10 38 06, D 45038 Essen

                      Telephone:0201/844-0

                      Telefax:  0201/844-535000

                      Homepage: www.thyssenkrupp-metalserv.com

                      E-mail:   materials-services@thyssenkrupp.com

 

 

VAT no.         

 

DE811141072

 

 

Tax ID number      

 

112/5795/0833

 

 

CONCLUSION

 

 Business relations are permissible.

 

 

Company Summary

 

 LEGAL FORM              Private limited company

 Date of foundation:      1920

 Shareholders'

 agreement:                   07.06.1977

 Registered on:             31.01.2011

 Commercial Register:   Local court 45130 Essen

 under:                                      HRB 22814

 

 


Share capital                      

 

EUR          1,534,000.00

 

 Shareholder:

                      ThyssenKrupp Materials International GmbH

                      ThyssenKrupp Allee 1

                      D 45143 Essen

                      Legal form: Private limited company

                      Share capital:     EUR        283,383,000.00

                      Share:             EUR          1,441,960.00

                      Registered on: 12.01.2011

                      Reg. data: 45130 Essen, HRB 22760

                      Control and profit transfer agreement

 Shareholder:

                      ThyssenKrupp AG

                      ThyssenKrupp Allee 1

                      D 45143 Essen

                      Legal form: Public limited company

                      Share capital:     EUR      1,448,801,144.32

                      Share:             EUR             92,040.00

                      Registered on: 10.05.2001

                      Reg. data: 45130 Essen, HRB 15364

 Manager:

                      Detlef Schotten

                      D 41462 Neuss

                      born: 09.11.1961

 Manager:

                      Folker Ohle

                      D 65719 Hofheim

                      born: 21.03.1968

 Proxy:

                      Klaus Heinrich Preußler

                      D 45127 Essen

                      authorized to jointly represent the company

                      born: 26.08.1949

                      Profession: Businessman

 Proxy:

                      Peer Schreiner

                      Benrather Schloßallee 82

                      D 40597 Düsseldorf

                      authorized to jointly represent the company

                      born: 16.08.1965

                      Profession: graduate engineer

 Proxy:

                      Dipl.-Oec. Hermann-Josef Schoof

                      Geitlingstr. 27

                      D 45472 Mülheim

                      authorized to jointly represent the company

                      born: 20.03.1951

                      Profession: Fully qualified Economist

 Proxy:

                      Thomas Stölting

                      Matthias-Grünewald-Str. 27

                      D 44141 Dortmund

                      authorized to jointly represent the company

                      born: 04.08.1965

                      Profession: Merchant in wholesale trade

                      Marital status: married

 Proxy:

                      Dirk Waltemode

                      D 40210 Düsseldorf

                      authorized to jointly represent the company

                      born: 16.09.1971

                      Profession: Businessman

 Proxy:

                      Frank Thelen

                      Münsterstr. 145

                      D 40476 Düsseldorf

                      authorized to jointly represent the company

                      born: 09.07.1968

                      Profession: Fully qualified political

                      economist

 Proxy:

                      Frank Wörsdörfer

                      Lübecker Str. 24

                      D 44135 Dortmund

                      authorized to jointly represent the company

                      born: 28.02.1962

                      Marital status: married

 Proxy:

                      Harald Strauch

                      D 47661 Issum

                      authorized to jointly represent the company

                      born: 24.10.1955

 Proxy:

                      Egbert Rudolph

                      D 51371 Leverkusen

                      authorized to jointly represent the company

                      born: 06.02.1956

 Proxy:

                      Frank Rink

                      D 41379 Brüggen

                      authorized to jointly represent the company

                      born: 15.03.1965

 Proxy:

                      Thomas Rücker

                      D 53879 Euskirchen

                      authorized to jointly represent the company

                      born: 21.03.1967

                      Marital status: unknown

 Proxy:

                      Eckhard Schwarz

                      D 40667 Meerbusch

                      authorized to jointly represent the company

                      born: 29.12.1959

 Proxy:

                      Harry Olschewski

                      D 44787 Bochum

                      authorized to jointly represent the company

                      born: 12.12.1953

                      Profession: Businessman

 Proxy:

                      Bettina Grünhäuser

                      D 41460 Neuss

                      authorized to jointly represent the company

                      born: 22.10.1967

 Proxy:

                      Thomas Materna

                      D 44575 Castrop-Rauxel

                      authorized to jointly represent the company

                      born: 25.07.1961

 Proxy:

                      Dipl.-Kfm. Stephan Rennen

                      Heiderweg 13

                      D 40489 Düsseldorf

                      authorized to jointly represent the company

                      born: 08.05.1980

 Proxy:

                      Andreas Carsten van der Zander

                      D 45127 Essen

                      authorized to jointly represent the company

                      born: 02.12.1969

 Proxy:

                      Frank Tubach

                      D 69115 Heidelberg

                      authorized to jointly represent the company

                      born: 26.08.1969

 Proxy:

                      Ivonne Hartmann

                      D 44135 Dortmund

                      authorized to jointly represent the company

                      born: 25.04.1972

 Proxy:

                      Judith Jolk

                      D 40721 Hilden

                      authorized to jointly represent the company

                      born: 22.11.1966

 Proxy:

                      Michael Weyand

                      D 63697 Hirzenhain

                      authorized to jointly represent the company

                      born: 27.07.1958

 Proxy:

                      Hans Josephs

                      D 44135 Dortmund

                      authorized to jointly represent the company

                      born: 28.06.1950

 Proxy:

                      Heinz Kirchholtes

                      D 40667 Meerbusch

                      authorized to jointly represent the company

                      born: 07.02.1952

 Proxy:

                      Thomas Knöfel

                      D 44135 Dortmund

                      authorized to jointly represent the company

                      born: 02.07.1958

                      Marital status: married

 Proxy:

                      Volker Krefta

                      D 44135 Dortmund

                      authorized to jointly represent the company

                      born: 16.06.1958

 Proxy:

                      Heiko Leonhardt

                      D 10115 Berlin

                      authorized to jointly represent the company

                      born: 01.03.1968

 Proxy:

                      Petra Wloka

                      D 44135 Dortmund

                      authorized to jointly represent the company

                      born: 26.11.1961

 Proxy:

                      Götz Edzard Michael von Plate

                      D 40229 Düsseldorf

                      authorized to jointly represent the company

                      born: 20.01.1973

 Proxy:

                      Matthias Vollgrebe

                      D 44787 Bochum

                      authorized to jointly represent the company

                      born: 08.04.1968

 Proxy:

                      Rüdiger Nacke

                      D 33602 Bielefeld

                      authorized to jointly represent the company

                      born: 11.04.1962

 Proxy:

                      Michael Patschke

                      D 40210 Düsseldorf

                      authorized to jointly represent the company

                      born: 11.09.1959

 Proxy:

                      Franz-Josef Stute

                      D 44135 Dortmund

                      authorized to jointly represent the company

                      born: 02.06.1951

 Proxy:

                      Holger Dietze

                      D 44623 Herne

                      authorized to jointly represent the company

                      born: 12.08.1967

 Proxy:

                      Rolf Schön

                      D 47798 Krefeld

                      authorized to jointly represent the company

                      born: 12.02.1959

 Proxy:

                      Udo Nabel

                      D 39104 Magdeburg

                      authorized to jointly represent the company

                      born: 22.04.1961

 Proxy:

                      Sören Rose

                      D 47051 Duisburg

                      authorized to jointly represent the company

                      born: 02.01.1979

 Proxy:

                      Frank Krüger

                      D 69234 Dielheim

                      authorized to jointly represent the company

                      born: 19.05.1964

 Proxy:

                      Dr. Christian Niebling

                      D 45128 Essen

                      authorized to jointly represent the company

                      born: 29.11.1976

                      Profession: graduate engineer

 Proxy:

                      Thiemo Dylla

                      D 42781 Haan

                      authorized to jointly represent the company

                      born: 03.06.1979

 Proxy:

                      Bettina Schotten

                      D 41460 Neuss

                      authorized to jointly represent the company

                      born: 22.10.1967

 

 Further functions/participations of Detlef Schotten (Manager)

 Manager:

                      ThyssenKrupp Stainless GmbH

                      ThyssenKrupp Allee 1

                      D 45143 Essen

                      Legal form: Private limited company

                      Share capital:     EUR            100,000.00

                      Registered

                      on:         09.05.2014

                      Reg. data:  45130 Essen, HRB 25446

 Manager:

                      ThyssenKrupp Schulte GmbH

                      ThyssenKrupp Allee 1

                      D 45143 Essen

                      Legal form: Private limited company

                      Share capital:     EUR          1,485,910.00

                      Registered

                      on:         18.07.1963

                      Reg. data:  40227 Düsseldorf, HRB 9759

 Proxy:

                      ThyssenKrupp Materials International GmbH

                      ThyssenKrupp Allee 1

                      D 45143 Essen

                      Legal form: Private limited company

                      Share capital:     EUR        283,383,000.00

                      Registered

                      on:         12.01.2011

                      Reg. data:  45130 Essen, HRB 22760

 

 Further functions/participations of Folker Ohle (Manager)

 Manager:

                      ThyssenKrupp Schulte GmbH

                      ThyssenKrupp Allee 1

                      D 45143 Essen

                      Legal form: Private limited company

                      Share capital:     EUR          1,485,910.00

                      Registered

                      on:         18.07.1963

                      Reg. data:  40227 Düsseldorf, HRB 9759

 Manager:

                      ThyssenKrupp Schulte GmbH

                      ThyssenKrupp Allee 1

                      D 45143 Essen

                      Post Box:

                      10 38 54

                      Legal form: Private limited company dormant

                      Share capital:     EUR             25,570.00

                      Registered

                      on:         23.03.2011

                      Reg. data:  45130 Essen, HRB 22947

 

 

COMPANY HISTORY

 

 1920 - 14.06.2005        Stahlkontor Hahn Gesellschaft mit

                          beschränkter Haftung

                          Borsigstr. 2

                          D 40880 Ratingen

                          Private limited company

 15.06.2005 - 02.01.2006  ThyssenKrupp Materials Europe GmbH

                          Hans-Günther-Sohl-Str. 1

                          D 40235 Düsseldorf

                          Private limited company

 02.01.2006 - 14.11.2006  ThyssenKrupp Materials Europe GmbH

                          Hans-Günther-Sohl-Str. 1

                          D 40235 Düsseldorf

                          Private limited company

 15.11.2006 - 31.07.2009  ThyssenKrupp Materials International

                          GmbH

                          Hans-Günther-Sohl-Str. 1

                          D 40235 Düsseldorf

                          Private limited company

 31.07.2009 - 15.10.2009  ThyssenKrupp Materials Logistics &

                          Services GmbH

                          Hans-Günther-Sohl-Str. 1

                          D 40235 Düsseldorf

                          Private limited company

 15.10.2009 - 31.01.2011  ThyssenKrupp MetalServ GmbH

                          Hans-Günther-Sohl-Str. 1

                          D 40235 Düsseldorf

                          Private limited company

 31.01.2011 - 01.02.2011  ThyssenKrupp MetalServ GmbH

                          ThyssenKrupp Allee 1

                          D 45143 Essen

                          Private limited company

 01.02.2011 - 18.07.2014  ThyssenKrupp MetalServ GmbH

                          Am Thyssenhaus 1

                          D 45128 Essen

                          Private limited company

 

 

RESIGNED ACTING PERSONS AND SHAREHOLDERS

 

 21.02.2013 - 14.10.2014  Manager

                          Dr. Torsten Schlüter

                          D 58239 Schwerte

 08.02.2011 - 14.10.2014  Manager

                          John Achim Boner

                          D 40880 Ratingen

 

 

BUSINESS ACTIVITIES

 

Main industrial sector

4612    Agents involved in the sale of fuels, ores, metals and industrial chemicals

46722   Wholesale of non-ferrous ores, metals and metal semi-finished goods

4675    Wholesale of chemical products

 

 

BRANCHES AND FACTORIES

 

 Branch:

                      ThyssenKrupp MetalServ GmbH

                      Oberhausener Str. 1

                      D 45476 Mülheim

                      TEL.: 0208/450601

 Branch:

                      ThyssenKrupp MetalServ GmbH

                      Heinrich-August-Schulte-Str.

                      14

                      D 44147 Dortmund

                      TEL.: 0231/8289-100

                      FAX.: 0231/8289109

 Branch:

                      ThyssenKrupp MetalServ GmbH

                      Artur-Ladebeck-Str. 114

                      D 33647 Bielefeld

                      TEL.: 0521/1451231

 Branch:

                      ThyssenKrupp MetalServ GmbH

                      Westfaliastr. 185

                      D 44147 Dortmund

                      TEL.: 0231/8289-0

                      FAX.: 0231/8289-778

 Branch:

                      ThyssenKrupp MetalServ GmbH

                      Borsigstr. 2

                      D 40880 Ratingen

                      Reg. entry: 31.01.2011

 Branch:

                      ThyssenKrupp MetalServ GmbH

                      Am Oberwald 1

                      D 76744 Wörth

                      TEL.: 07271/97960

                      Reg. entry: 31.01.2011

 Branch:

                      ThyssenKrupp MetalServ GmbH

                      Höherweg 271a

                      D 40231 Düsseldorf

                      TEL.: 0211/7348310

                      FAX.: 0211/7348397

 Branch:

                      ThyssenKrupp MetalServ GmbH

                      Lilistr. 85

                      D 63067 Offenbach

 

 

FINANCIAL INFORMATION

 

Payment experience:  within periods customary in this trade

 

Negative information:We have no negative information at hand.

 

 

REAL ESTATE

 

 Type of ownership:       Tenant

 Address                       ThyssenKrupp Allee 1

                                    D 45143 Essen

 

 Land register documents were not available.

 

 

BANKERS

 

 SPARKASSE HILDEN-RATINGEN-VELBERT, 40878 RATINGEN

 Sort. code: 33450000

 BIC: WELADED1VEL

 COMMERZBANK, 40002 DÜSSELDORF

 Sort. code: 30040000

 BIC: COBADEDDXXX

 DEUTSCHE BANK, 40189 DÜSSELDORF

 Sort. code: 30070010

 BIC: DEUTDEDDXXX

 HSBC TRINKAUS & BURKHARDT, 40002 DÜSSELDORF

 Sort. code: 30030880, Account no.: 614009

 BIC: TUBDDEDDXXX, IBAN: DE18300308800000614009

 

 

FINANCIAL FIGURES

 

 Financial year:      01.10. - 30.09.

 Share capital:                          EUR          1,534,000.00

 The number of employees is not known.

 

 Control and profit transfer agreement to:

                      ThyssenKrupp Materials International GmbH

                      ThyssenKrupp Allee 1

                      D 45143 Essen

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.63.20

UK Pound

1

Rs.97.01

Euro

1

Rs.69.34

 

INFORMATION DETAILS

 

Analysis Done by :

RAS

 

 

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.