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Report No. : |
354159 |
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Report Date : |
10.12.2015 |
IDENTIFICATION DETAILS
|
Name : |
TOM TAILOR GMBH |
|
|
|
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Registered Office : |
Garstedter Weg 14 D 22453 |
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|
|
|
Country : |
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|
|
|
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Date of Incorporation : |
1962 |
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|
|
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Com. Reg. No.: |
HRB 94278 |
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|
|
|
Legal Form : |
Private Limited Company |
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|
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Line of Business : |
· Wholesale of textiles · Wholesale of clothing · Retail sale of clothing |
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|
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No. of Employee : |
384 |
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 |
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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 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
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Very High |
C1 |
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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 5.2% 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 |
TOM TAILOR GMBH
Company Status: active
Garstedter Weg 14
D
22453 Hamburg
Telephone:040/58956-0
Telefax: 040/58956-398
E-mail: info@tom-tailor.com
VAT no.: DE252291581
Business relations are
permissible.
LEGAL FORM Private
limited company
Date of foundation: 1962
Registered on: 19.07.2005
Commercial Register: Local court 20355 Hamburg
under: HRB
94278
EUR 2,525,000.00
Shareholder:
TOM
TAILOR Holding AG
Garstedter Weg 14
D
22453 Hamburg
Legal
form: Public limited company
Share capital: EUR
26,027,133.00
Share: EUR 2,525,000.00
Registered on: 21.12.2007
Reg.
data: 20355 Hamburg, HRB 103641
Control
and profit transfer agreement
Manager:
Maria
Schurer
D
22453 Hamburg
authorized to jointly represent the company
born:
19.03.1960
née:
Schmitz
Manager:
Dieter
Holzer
Roßbachstr. 2
D
88212 Ravensburg
having
sole power of representation
born:
11.05.1964
Profession: manager
Marital status: unknown
Manager:
Andrea
Homann
D
22453 Hamburg
authorized to jointly represent the company
born:
07.05.1968
Profession: Businessman
Manager:
Daniel
Peterburs
D
22453 Hamburg
authorized to jointly represent the company
born:
18.01.1980
Proxy:
Andreas Alfred Hoffmann
D
37120 Bovenden
authorized to jointly represent the company
born:
14.03.1958
Proxy:
Christian Frederik Werner
D
61440 Oberursel
authorized to jointly represent the company
born:
22.03.1976
Proxy:
Dr.
Axel Rebien
D
25451 Quickborn
authorized to jointly represent the company
born:
17.07.1971
Profession: economist
Marital status: unknown
Proxy:
Ole
Puck
D
21379 Rullstorf
authorized to jointly represent the company
born:
10.07.1974
Proxy:
Iris
Donecker
Rothenbaumchaussee 154
D
20149 Hamburg
authorized to jointly represent the company
born:
30.07.1966
Proxy:
Holger
Eisenblätter
D
71634 Ludwigsburg
having
sole power of representation
born:
20.12.1963
Profession: Lawyer
Proxy:
Marc
Gorbauch
D
21521 Aumühle
authorized to jointly represent the company
born:
20.08.1965
Proxy:
Nina
Niemeyer
D
22453 Hamburg
authorized to jointly represent the company
born:
22.06.1981
née:
Pothmann
Further functions/participations of Maria
Schurer (Manager)
Manager:
Tom
Tailor Retail GmbH
Garstedter Weg 14
D
22453 Hamburg
Legal
form: Private limited company
Share
capital: EUR 52,000.00
Registered
on: 04.11.1993
Reg.
data: 20355 Hamburg, HRB 54164
Further functions/participations of Dieter
Holzer (Manager)
Limited partner:
GLI
Golden Leaf Invest Holding GmbH & Co. KG
Am
Markt 6b
D
22941 Bargteheide
Legal
form: Ltd partnership with priv. ltd.
company as general partner
Total cap. EUR 26,100.00
contribution:
Share: EUR 1,000.00
Registered
on: 04.10.2011
Reg. data: 60313 Frankfurt, HRA 46592
Shareholder:
FCM
Beteiligungs GmbH
Garstedter Weg 14
D
22453 Hamburg
Legal
form: Private limited company
Share capital: EUR 51,020.00
Share: EUR 11,198.00
Registered
on: 06.05.2014
Reg.
data: 20355 Hamburg, HRB 131723
Manager:
BONITA
Deutschland Holding Verwaltungs-GmbH
Kesseldorfer Rott 39
D
46499 Hamminkeln
Legal
form: Private limited company
Share
capital: EUR 25,564.59
Registered
on: 20.05.1999
Reg.
data: 47051 Duisburg, HRB 11334
Manager:
TOM
TAILOR Verwaltungs-GmbH
Garstedter Weg 14
D
22453 Hamburg
Legal
form: Private limited company
Share
capital: EUR 25,000.00
Registered
on: 09.02.2012
Reg. data: 20355 Hamburg, HRB 121822
President of the Board of
Directors:
TOM
TAILOR Holding AG
Garstedter Weg 14
D
22453 Hamburg
Legal
form: Public limited company
Share
capital: EUR 26,027,133.00
Registered
on: 21.12.2007
Reg.
data: 20355 Hamburg, HRB 103641
Further functions/participations of Daniel
Peterburs (Manager)
Shareholder:
FCM
Beteiligungs GmbH
Garstedter Weg 14
D
22453 Hamburg
Legal
form: Private limited company
Share
capital: EUR 51,020.00
Share: EUR 386.00
Registered
on: 06.05.2014
Reg.
data: 20355 Hamburg, HRB 131723
Proxy:
Tom
Tailor Retail GmbH
Garstedter Weg 14
D
22453 Hamburg
Legal
form: Private limited company
Share
capital: EUR 52,000.00
Registered
on: 04.11.1993
Reg.
data: 20355 Hamburg, HRB 54164
1962 - 18.04.1989 Henke + Co. GmbH
D
20095 Hamburg
Private limited company
18.04.1989 -
09.11.1990 TOM TAILOR Sportswear
Handelsgesellschaft mbH
Schnackenburgallee 156
D
22525 Hamburg
Private limited company
09.11.1990 -
19.01.2000 TOM TAILOR Sportswear
Handelsgesellschaft mbH
Garstedter Weg 14
D
22453 Hamburg
Private limited company
19.01.2000 -
18.07.2005 TOM TAILOR AG
Garstedter Weg 14
D
22453 Hamburg
Public limited company
Main industrial sector
4641 Wholesale of
textiles
46421 Wholesale of
clothing
4771 Retail sale of
clothing
Shareholder:
Tom
Tailor Retail GmbH
Garstedter Weg 14
D
22453 Hamburg
Legal
form: Private limited company
Company Status: active
Share
capital: EUR 52,000.00
Share: EUR 52,000.00
Reg.
data: 04.11.1993
Local court 20355 Hamburg
HRB 54164
Shareholder:
TT
textiles GmbH
Herrmannstr. 11
D
01877 Bischofswerda
Legal
form: Private limited company
Company Status: active
Share
capital: EUR 25,000.00
Share: EUR 12,750.00
Reg.
data: 28.04.2015
Local court 20355 Hamburg
HRB 136394
Payment experience: cash discount/within agreed terms
Negative information: We
have no negative information at hand.
PMI: No
significant / relevant payment experience
information pertaining to the company
inquired upon is shown in the Deutscher
Debitoren Monitor (DDMonitor).
Type of ownership: Tenant
Address Garstedter Weg 14
D
22453 Hamburg
Real Estate of: Dieter Holzer
Type of ownership: Tenant
Address Roßbachstr. 2
D
88212 Ravensburg
Land register documents
were not available.
DEUTSCHE BANK, 20079
HAMBURG
Sort. code: 20070000
BIC: DEUTDEHHXXX
COMMERZBANK VORMALS
DRESDNER BANK, 20349 HAMBURG
Sort. code: 20080000
BIC: DRESDEFF200
Financial year: 01.01. - 31.12.
Turnover: 2013 EUR 302,400,000.00
2014 EUR 331,000,000.00
Expected turnover: EUR 400,000,000.00
further business figures:
Share capital: EUR 2,525,000.00
Equipment: *EUR 2,944,000.00
Ac/ts receivable: *EUR 11,520,000.00
Liabilities: *EUR 19,456,000.00
Employees:
384
Control and profit transfer
agreement to:
TOM
TAILOR Holding AG
Garstedter Weg 14
D
22453 Hamburg
The business figures marked
with an asterisk are estimates based
on average values in the line of business.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.66.75 |
|
|
1 |
Rs.100.29 |
|
Euro |
1 |
Rs.72.89 |
|
Eur |
1 |
Rs.73.56 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
HNA |
|
|
|
|
Report Prepared
by : |
TRU |
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.