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Report No. : |
355281 |
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Report Date : |
15.12.2015 |
IDENTIFICATION DETAILS
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Name : |
BRABENDER TECHNOLOGIE GMBH & CO. KG |
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Registered Office : |
Kulturstr. 55-73, D 47055 Duisburg, Post
Box: 35 01 38, D 47032 Duisburg |
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Country : |
Germany |
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Date of Incorporation : |
01.01.1957 |
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Legal Form : |
Ltd partnership with priv. ltd.
company as general partner |
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Line of Business : |
Manufacture of other general-purpose
machinery |
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No. of Employee : |
108 |
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) |
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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 |
BRABENDER TECHNOLOGIE GMBH & CO. KG
Company Status: active
Kulturstr. 55-73
D 47055 Duisburg
Post Box:
35 01 38, D 47032 Duisburg
Telephone:0203/9984-0
Telefax:
0203/9984-155
Homepage:
www.brabender-technologie.com
E-mail:
email@brabender-technologie.com
Business relations are permissible.
LEGAL FORM Ltd
partnership with priv. ltd. company as
general partner
Date of foundation: 01.01.1957
Registered on: 18.12.1959
Register of
companies: Local
court 47051 Duisburg
under: HRA
2159
Total cap.
contribution: EUR 3,000,000.00
Holzhauer Beteiligungs GmbH
Cecilienallee 17
D 40474 Düsseldorf
Legal form: Private
limited company
Share capital: EUR 26,000.00
Share: EUR 2,700,000.00
Registered on: 23.08.2010
Reg. data: 40227 Düsseldorf, HRB 63985
Limited partner:
Horst Vohwinkel
Im Heidkamp 30
D 40489 Düsseldorf
born: 21.09.1951
Share: EUR 150,000.00
Limited partner:
Holzhauer Holding GmbH
Cecilienallee 17
D 40474 Düsseldorf
Legal form: Private
limited company
Share capital: EUR 103,000.00
Share: EUR 150,000.00
Registered on: 23.08.2010
Reg. data: 40227 Düsseldorf, HRB 63986
General partner:
Johann Heinrich
Stanislaus Benecke
Lindenallee 67
D 26122 Oldenburg
born: 07.06.1960
Profession: Businessman
General partner:
Brabender Technologie
Verwaltungs-GmbH
Kulturstr. 55-73
D 47055 Duisburg
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered on: 22.06.2012
Reg. data: 47051 Duisburg, HRB 24585
Shareholder:
Horst Vohwinkel
Im Heidkamp 30
D 40489 Düsseldorf
born: 21.09.1951
Share: EUR 12,500.00
Shareholder:
Holzhauer Holding GmbH
Cecilienallee 17
D 40474 Düsseldorf
Legal form: Private
limited company
Share capital: EUR 103,000.00
Share: EUR 12,500.00
Registered on: 23.08.2010
Reg. data: 40227 Düsseldorf, HRB 63986
Manager:
Horst Vohwinkel
Im Heidkamp 30
D 40489 Düsseldorf
having sole power of
representation
born: 21.09.1951
Manager:
Bruno Dautzenberg
D 45128 Essen
born: 31.01.1967
Profession: Businessman
Proxy:
Felix Reger
Kirchhellener Allee 54
D 46282 Dorsten
Further functions/participations of Johann
Heinrich Stanislaus
Benecke (General partner)
General partner:
HOMANIT GmbH &
Co. KG
Niederlosheimer Str. 109
D 66679 Losheim
Legal form: Ltd
partnership with priv. ltd. company as general partner
Total cap. EUR 10,501,000.00
contribution:
Registered
on: 21.08.2008
Reg. data: 66121
Saarbrücken, HRA 10502
General partner:
Brabender GmbH & Co.
KG
Kulturstr. 51-55
D 47055 Duisburg
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Total cap. EUR
1,980,000.00
contribution:
Registered
on: 29.12.1936
Reg. data: 47051
Duisburg, HRA 1667
Limited partner:
J.H. Benecke-Vermögensverwaltungs
KG
Unertlstr. 17
D 80803 München
Legal form: Limited
partnership in
liquidation
Total cap. EUR 685,162.69
contribution:
Share: EUR 225,000.00
Registered
on: 14.10.2010
Reg. data: 80333
München, HRA 96196
Shareholder:
Benfina GmbH
Lindenallee 67
D 26122 Oldenburg
Legal form: Private
limited company
Share capital: EUR 25,000.00
Share: EUR 25,000.00
Registered
on: 23.03.2004
Reg. data: 26135
Oldenburg, HRB 5503
Shareholder:
SMOKERS BREAK GmbH
Unertlstr. 17
D 80803 München
Legal form: Private
limited company
Share capital: EUR 25,000.00
Share: EUR 12,550.00
Registered
on: 15.01.2015
Reg. data: 80333
München, HRB 216157
Manager:
SMOKERS BREAK GmbH
Unertlstr. 17
D 80803 München
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 15.01.2015
Reg. data: 80333
München, HRB 216157
Manager:
Benfina GmbH
Lindenallee 67
D 26122 Oldenburg
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 23.03.2004
Reg. data: 26135
Oldenburg, HRB 5503
Liquidator:
J.H.
Benecke-Vermögensverwaltungs KG
Unertlstr. 17
D 80803 München
Legal form: Limited
partnership in
liquidation
Total cap. EUR 685,162.69
contribution:
Registered
on: 14.10.2010
Reg. data: 80333
München, HRA 96196
01.01.1957 - 17.12.1959 Brabender
Technologie GmbH
Kulturstr.
55-73
D 47055 Duisburg
Private limited company
18.12.1959 - 04.07.2012 Brabender
Technologie KG
Kulturstr. 55-73
D 47055 Duisburg
Limited partnership
Main industrial sector
28290
Manufacture of other general-purpose machinery
Secondary industrial sector
96090
Other service activities n. e. c.
Branch:
Brabender Technologie
GmbH & Co. KG
Hauptstr. 134
D 63579 Freigericht
TEL.: 06055/932650
Payment experience: takes advantage of cash discount
Negative information:We have no negative
information at hand.
Type of ownership: proprietor
Share: 100.00 %
Address Kulturstr.
55-73
D 47055 Duisburg
Value at selling price: EUR 1,790,000.00
Real Estate of: Johann
Heinrich Stanislaus Benecke
Type of ownership: Tenant
Address Lindenallee
67
D 26122 Oldenburg
Land register documents were not available.
Principal bank
DEUTSCHE BANK, 47003 DUISBURG
Sort. code: 35070030
BIC: DEUTDEDE350
Further banks
COMMERZBANK VORMALS DRESDNER BANK, 47003
DUISBURG
Sort. code: 35080070
BIC: DRESDEFF350
SPARKASSE
DUISBURG, 47015 DUISBURG
Sort. code: 35050000
BIC: DUISDE33XXX
POSTBANK, 45125 ESSEN, RUHR
Sort. code: 36010043
BIC: PBNKDEFFXXX
Financial year: 01.01.
- 31.12.
Turnover: 2014 *EUR 13,500,000.00
Equipment: EUR 420,000.00
Ac/ts receivable: *EUR
1,439,500.00
Liabilities: *EUR 3,815,500.00
Real estate of the firm: EUR
1,790,000.00
Employees:
108
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.66.99 |
|
|
1 |
Rs.101.78 |
|
Euro |
1 |
Rs.73.47 |
|
Euro |
1 |
Rs. 74.12 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
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Analysis Done by
: |
HEE |
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Report Prepared
by : |
ASH |
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 |
-- |
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.