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Report No. : |
352341 |
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Report Date : |
07.12.2015 |
IDENTIFICATION DETAILS
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Name : |
AMSBECK
BETON-GUSS GMBH |
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Registered Office : |
Robert-Bosch-Str. 11, D 48336 Sassenberg |
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Country : |
Germany |
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Financials (as on) : |
31.12.2013 |
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Date of Incorporation : |
09.12.1997 |
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Legal Form : |
Private limited company |
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Line of Business : |
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No. of Employee : |
52 |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
No complaints |
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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 – March 31, 2015
|
Country Name |
Previous Rating (31.12.2014) |
Current Rating (31.03.2015) |
|
Germany |
A1 |
A1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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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 5.2% 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. The German economy suffers from low levels of investment, and a government plan to invest 15 billion euros 2016-18, largely in infrastructure, is intended to spur needed private investment. 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 accounted for 27.8% of gross electricity consumption in 2014, 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. Extremely low inflation, caused largely by low global energy prices and a weak euro, are expected to boost German GDP growth in 2015.
|
Source
: CIA |
AMSBECK BETON-GUSS GMBH
Company Status: active
Robert-Bosch-Str. 11
D 48336 Sassenberg
Telephone:02583/300300
Telefax:
02583/3003020
Homepage: www.amsbeck.de
E-mail:
info@amsbeck.de
VAT
no.: DE295373689
Business relations are permissible.
LEGAL FORM Private
limited company
Date of foundation: 09.12.1997
Shareholders'
agreement: 09.12.1997
Registered on: 18.05.2015
Commercial Register: Local court 48149 Münster
under: HRB
15545
EUR
150,000.00
S. Weritz Beteiligungs
GmbH
Milter Str. 17
D 48231 Warendorf
Legal form: Private
limited company
Share capital: EUR 225,000.00
Share: EUR 150,000.00
Registered on: 09.01.2014
Reg. data: 48149 Münster, HRB 14744
Susanne Weritz
Milter Str. 17
D 48231 Warendorf
having sole power of
representation
born: 05.02.1962
née: Amsbeck
Profession: Fully
qualified political
economist
Henk Wenger
Romadourweg 4a
D 48231 Warendorf
having sole power of
representation
born: 04.11.1959
Profession: Fully qualified
merchant
Marital status: single
Proxy:
Hendrik Lütke Bexten
D 48231 Warendorf
having sole power of
representation
born: 21.05.1971
Further functions/participations of Susanne
Weritz (Manager)
Limited partner:
Amsbeck Immobilien GmbH
& Co. KG
Robert-Bosch-Str. 11
D 48336 Sassenberg
Legal form: Ltd partnership
with priv. ltd.
company as
general partner
Total cap. EUR 511,291.88
contribution:
Share: EUR
511,291.88
Registered
on: 30.12.1960
Reg. data: 48149
Münster, HRA 7367
S. Weritz Beteiligungs
GmbH
Milter Str. 17
D 48231 Warendorf
Legal form: Private
limited company
Share capital: EUR 225,000.00
Share: EUR 175,000.00
Registered
on: 09.01.2014
Reg. data: 48149
Münster, HRB 14744
Shareholder:
Bernhard
Amsbeck-Beteiligungsgesellschaft
mit beschränkter Haftung
Robert-Bosch-Str. 11
D 48336 Sassenberg
Legal form: Private
limited company
Share capital: EUR 25,600.00
Share: EUR 25,600.00
Registered
on: 28.12.1967
Reg. data: 48149
Münster, HRB 9727
Manager
Detego Beteiligungs-GmbH
Otto-Hahn-Str. 5
D 56218 Mülheim-Kärlich
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 27.08.2012
Reg. data: 56068
Koblenz, HRB 23227
Manager:
Bernhard
Amsbeck-Beteiligungsgesellschaft
mit beschränkter Haftung
Robert-Bosch-Str. 11
D 48336 Sassenberg
Legal form: Private
limited company
Share capital: EUR 25,600.00
Registered
on: 28.12.1967
Reg. data: 48149
Münster, HRB 9727
Manager:
AMSBECK-Maschinentechnik
GmbH
Boschweg 15
D 48351 Everswinkel
Legal form: Private
limited company
Share capital: EUR 51,129.19
Registered
on: 27.08.1982
Reg. data: 48149
Münster, HRB 9609
Manager:
S. Weritz Beteiligungs
GmbH
Milter Str. 17
D 48231 Warendorf
Legal form: Private
limited company
Share capital: EUR 225,000.00
Registered
on: 09.01.2014
Reg. data: 48149
Münster, HRB 14744
23.01.1998 - 16.07.2002 Bernhard Amsbeck Beton-Guß
Beteiligungsgesellschaft mbH
Kührener Str. 1
D 04808 Wurzen
Private limited
company
16.07.2002 - 24.01.2003 Bernhard Amsbeck Beton-Guß
Beteiligungsgesellschaft mbH
Kührener Str. 1a
D 04808 Wurzen
Private limited
company
24.01.2003 - 18.05.2015 Bernhard Amsbeck Beton-Guß
Beteiligungsgesellschaft mbH
Kührener Str. 5 OT
Kühren-
D 04808 Wurzen
Private limited
company
18.05.2015 - 18.06.2015 Bernhard Amsbeck Beton-Guß
Beteiligungsgesellschaft mbH
Robert-Bosch-Str. 11
D 48336 Sassenberg
Private limited
company
18.06.2015 - 24.06.2015 Bernhard Amsbeck Beton-Guß GmbH
Robert-Bosch-Str. 11
D 48336 Sassenberg
Private limited
company
23.05.2013 - 30.10.2013 Manager
Thorsten Poletz
D 20095 Hamburg
Main industrial sector
2361
Manufacture of concrete articles for construction purposes
23690
Manufacture of other articles of concrete, cement and plaster n.e.c.
2599
Manufacture of other fabricated metal products n.e.c.
43999
Building activities n.e.c.
Payment experience: within agreed terms
Negative information:We have no negative
information at hand.
Balance sheet year: 2013
Type of ownership: Tenant
Address Robert-Bosch-Str.
11
D 48336 Sassenberg
Real Estate of: Susanne Weritz
Type of ownership: proprietor
Share: 100.00 %
Address Sassenberger
Str. 38a
D 48231 Warendorf
Type of real estate: Residential building
Land register documents were not available.
VOLKSBANK, 59213 AHLEN
Sort. code: 41262501
BIC: GENODEM1AHL
SPARKASSE MÜNSTERLAND OST, 48151 MÜNSTER,
WESTF
Sort. code: 40050150
BIC: WELADED1MST
Turnover:
2014 EUR 15,000,000.00
Profit: 2013 EUR 60.00
further business figures:
Equipment: *EUR 416,000.00
Ac/ts receivable: EUR 35,490.00
Liabilities: EUR 11.00
Employees:
52
The
business figures marked with an asterisk are estimates based on average values in the line of business.
Balance sheet ratios 01.01.2013 - 31.12.2013
Equity ratio [%]: 96.56
Liquidity ratio: 10.00
Return on total capital [%]: 0.17
Balance sheet ratios 01.01.2012 - 31.12.2012(1)
Equity ratio [%]: 95.52
Liquidity ratio: 10.00
Return on total capital [%]: 0.58
Balance sheet ratios 01.01.2011 - 31.12.2011
Equity ratio [%]: 95.42
Liquidity ratio: 10.00
Return on total capital [%]: 1.75
Balance sheet ratios 01.01.2010 - 31.12.2010
Equity ratio [%]: 95.40
Liquidity ratio: 10.00
Return on total capital [%]: 1.40
(1) The depth of balance sheet suggests
that the company, as a so-called micro-entity
in accordance with art. 267a German Commercial Code, has availed itself of the
facilitations of the German Micro-Entities Amending Account Law (MicBilG) This
is why it is possible that the resultant reduction of the depth of presentation
in the annual accounts may entail deviating calculation methods of the
respective balance sheet ratios and
thus to an altered Solvency Rating [NG]
and/or balance sheet grade.
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
Origin of the present balance sheet: electronic German Federal Gazette
Financial year: 01.01.2013 - 31.12.2013
ASSETS EUR 35,490.29
Current assets
EUR 35,490.29
Accounts receivable
EUR 35,490.29
LIABILITIES EUR 35,490.29
Shareholders' equity
EUR 34,268.81
Capital
EUR 25,564.59
Subscribed capital (share capital)
EUR 25,564.59
Reserves
EUR 8,644.15
Retained earnings / revenue reserves EUR 8,644.15
Balance sheet profit/loss (+/-)
EUR 60.07
Annual surplus / annual deficit
EUR 60.07
Provisions EUR 1,210.55
Liabilities
EUR 10.93
Type
of balance
sheet: micro balance sheet
Origin of the present
balance sheet: Other
Financial year: 01.01.2012 - 31.12.2012 (2)
ASSETS EUR 35,814.24
Current assets
EUR 35,814.24
LIABILITIES EUR 35,814.24
Shareholders' equity
EUR 34,208.74
Provisions
EUR 1,605.50
(2)
The abbreviated depth of presentation of the annual accounts
may
be atributed to application of regulations within the German
Micro-Entities
Amending Accounting Law.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.66.84 |
|
|
1 |
Rs.101.04 |
|
Euro |
1 |
Rs.73.05 |
|
EUR |
1 |
Rs. 72.22 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
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Analysis Done by
: |
KAR |
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Report Prepared
by : |
ASH |
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 |
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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 |
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-- |
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.