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Report No. : |
353412 |
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Report Date : |
11.12.2015 |
IDENTIFICATION DETAILS
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Name : |
NEUPERT INGREDIENTS GMBH |
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Registered Office : |
Wahlerstr. 32, D 40472 Düsseldorf |
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Country : |
Germany |
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Financials (as on) : |
31.12.2013 |
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Date of Incorporation : |
10.12.2007 |
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Com. Reg. No.: |
HRB 58170 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
·
Wholesale
of perfume and cosmetics ·
Wholesale
of pharmaceutical goods ·
Wholesale
of chemical products ·
Non-specialized
wholesale of raw materials and half-finished and finished goods |
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No. of Employees : |
9 |
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 |
|
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 |
NEUPERT
INGREDIENTS GMBH
Company Status: Active
Wahlerstr. 32
D 40472 Düsseldorf
Telephone:0211/4155978-0
Telefax: 0211/4155978-9
Homepage: www.neupert-ingredients.de
E-mail: info@neupert-ingredients.de
VAT no.: DE259465427
Business relations are permissible.
LEGAL FORM Private
limited company
Date of foundation: 10.12.2007
Shareholders'
agreement: 10.12.2007
Registered on: 12.02.2008
Commercial Register: Local court 40227 Düsseldorf
under: HRB
58170
EUR 75,000.00
Shareholder:
Dietmar Neupert
Eitelstr. 96
D 40472 Düsseldorf
born: 25.05.1942 in
Plauen
Share: EUR 37,500.00
Shareholder:
Ulrike Flohr
Eitelstr. 96
D 40472 Düsseldorf
born: 26.03.1950 in
Sprockhövel
née: Ziems
Share: EUR 37,500.00
Manager:
Dietmar Neupert
Eitelstr. 96
D 40472 Düsseldorf
having sole power of
representation
born: 25.05.1942 in
Plauen
Profession: graduate
engineer
Manager:
Ulrike Flohr
Eitelstr. 96
D 40472 Düsseldorf
having sole power of
representation
born: 26.03.1950 in
Sprockhövel
née: Ziems
Profession: Businessman
12.02.2008 - 27.10.2010 Neupert Consulting GmbH
Eitelstr. 96
D 40472 Düsseldorf
Private limited
company
27.10.2010 - 01.01.2012 Neupert Ingredients GmbH
Eitelstr. 94a
D 40472 Düsseldorf
Private limited
company
Main industrial sector
46450
Wholesale of perfume and cosmetics
46461
Wholesale of pharmaceutical goods
4675
Wholesale of chemical products
46902
Non-specialized wholesale of raw materials and half-finished and
finished goods
Branch:
Neupert Ingredients GmbH
Pollhornweg 15
D 21107 Hamburg
Payment experience: takes advantage of cash discount
Negative information:We have no negative
information at hand.
Balance sheet year: 2013
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
Wahlerstr. 32
D 40472 Düsseldorf
Land register documents were not available.
Principal bank
SPARKASSE KÖLNBONN, 50667 KÖLN
Sort. code: 37050198, Account no.: 1901209211
BIC: COLSDE33XXX, IBAN: DE61370501981901209211
Turnover: 2013 *EUR 12,210,000.00
2014 *EUR 12,250,000.00
Profit: 2013 EUR 221,954.00
further business figures:
Equipment: *EUR 64,500.00
Ac/ts receivable: EUR 246,471.00
Liabilities: EUR 3,767,459.00
Employees: 9
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 [%]: 18.26
Liquidity ratio: 0.07
Return on total capital [%]: 4.63
Balance sheet ratios 01.01.2012 - 31.12.2012
Equity ratio [%]: 35.13
Liquidity ratio: 0.45
Return on total capital [%]: 9.19
Balance sheet ratios 01.01.2011 - 31.12.2011
Equity ratio [%]: 52.53
Liquidity ratio: 0.58
Return on total capital [%]: 6.13
Balance sheet ratios 01.01.2010 - 31.12.2010
Equity ratio [%]: 13.63
Liquidity ratio: 0.01
Return on total capital [%]: -28.95
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 4,796,125.81
Fixed assets
EUR 48,399.00
Tangible assets
EUR 48,399.00
Current assets
EUR 4,743,057.97
Stocks
EUR 4,199,825.15
Accounts receivable EUR 246,471.09
Liquid means
EUR 296,761.73
Remaining other assets
EUR 4,668.84
Accruals (assets)
EUR 4,668.84
LIABILITIES EUR 4,796,125.81
Shareholders' equity
EUR 872,027.92
Capital
EUR 75,000.00
Subscribed capital (share capital)
EUR 75,000.00
Balance sheet profit/loss (+/-) EUR 797,027.92
Profit / loss brought forward
EUR 575,073.56
Annual surplus / annual deficit
EUR 221,954.36
Provisions
EUR 156,639.00
Liabilities
EUR 3,767,458.89
Type
of balance
sheet: Company balance sheet
Origin of the present
balance sheet: electronic German Federal Gazette
Financial year: 01.01.2012 - 31.12.2012
ASSETS EUR 5,210,041.34
Fixed assets
EUR 33,198.00
Tangible assets
EUR 33,198.00
Current assets
EUR 5,169,373.34
Stocks
EUR 3,534,548.83
Accounts receivable
EUR 1,326,498.80
Liquid means
EUR 308,325.71
Remaining other assets EUR 7,470.00
Accruals (assets)
EUR 7,470.00
LIABILITIES EUR 5,210,041.34
Shareholders' equity
EUR 650,073.56
Capital EUR 75,000.00
Subscribed capital (share capital)
EUR 75,000.00
Balance sheet profit/loss (+/-)
EUR 575,073.56
Profit / loss brought forward
EUR 96,129.59
Annual surplus / annual deficit
EUR 478,943.97
Provisions
EUR 136,179.00
Liabilities
EUR 4,418,379.13
Other liabilities
EUR 5,409.65
Deferrals (liabilities)
EUR 5,409.65
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.66.79 |
|
|
1 |
Rs.101.37 |
|
Euro |
1 |
Rs.73.46 |
|
EUR |
1 |
Rs.73.05 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
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Analysis Done by
: |
KAS |
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Report Prepared
by : |
NIT |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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-- |
NB |
New Business |
-- |
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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.