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Report No. : |
354031 |
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Report Date : |
15.12.2015 |
IDENTIFICATION DETAILS
|
Name : |
H. STOLL AG & CO. KG |
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|
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Registered Office : |
Stollweg 1, D 72760 Reutlingen, Post
Box: 25 44 |
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|
|
|
Country : |
Germany |
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Date of Incorporation : |
1873 |
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|
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Com. Reg. No.: |
HRA 350360 |
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|
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Legal Form : |
Limited Partnership With Public Limited Company As Gen. Part |
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Line of Business : |
· Manufacture of machinery for textile, apparel and leather production ·
Wholesale of other machinery |
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No. of Employees : |
400 |
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 |
|
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 |
H. STOLL AG & CO. KG
Company Status: active
Stollweg 1
D 72760 Reutlingen
Post Box:
25 44
Telephone:07121/313-0
Telefax:
07121/313-110
Homepage: www.stoll.com
E-mail:
webmaster@stoll.com
VAT
no.: DE146466461
Business relations are permissible.
LEGAL FORM Limited partnership with public
limited
company as gen. part
Date of foundation: 1873
Registered on: 25.06.1887
Register of
companies: Local court 70190 Stuttgart
under: HRA 350360
Total cap. contribution: EUR 33,596,200.00
Limited partner:
Heinz-Peter Stoll
D 72800 Eningen
born: 17.06.1949
Share: EUR 5,564,900.00
Limited partner:
Thomas Stoll
Memmingerstr. 7
D 72762 Reutlingen
born: 26.07.1943
Share: EUR 5,283,000.00
Limited partner:
Michael Stoll
Tübinger Str. 77
D 72762 Reutlingen
born: 29.10.1968
Share: EUR 5,200,000.00
Limited partner:
Alexander Stoll
D 80689 München
born: 01.06.1958
Share: EUR 4,952,800.00
Limited partner:
Matthias Stoll
Mähderstr. 17
D 72768 Reutlingen
born: 02.02.1966
Share: EUR 2,558,900.00
Limited partner:
Markus Stoll
D 72760 Reutlingen
born: 11.05.1963
Share: EUR 2,558,900.00
Limited partner:
Edeltraud Stoll
Fafnerstr. 31
D 80639 München
born: 25.03.1938
Share: EUR 1,650,900.00
Limited partner:
Marion Walter
D 72764 Reutlingen
born: 25.02.1961
née: Stoll
Share: EUR 1,485,800.00
Limited
partner:
Harald Stoll
D 72805 Lichtenstein
born: 28.07.1953
Share: EUR 1,320,800.00
Limited partner:
Ursula Weyl
Bahnhofstr. 6
D 65623 Hahnstätten
born: 12.08.1946
Share: EUR 990,600.00
Limited partner:
Joachim Stoll
Frankfurter Str. 15 /1
D 74072 Heilbronn
born: 08.10.1948
Share: EUR 990,600.00
Limited partner:
Corinna Stoll
Bismarckstr. 13
D 72793 Pfullingen
born: 25.10.1988
Share: EUR 519,500.00
Limited partner:
Patrick Peter Stoll
Fürstenbergstr. 35
D 72768 Reutlingen
born: 02.09.1986
Share: EUR 519,500.00
General partner:
STOLL Beteiligungs-AG
Stollweg 1
D 72760 Reutlingen
Legal form: Public
limited company
Share capital: EUR 65,000.00
Registered on: 16.06.2015
Reg. data: 70190
Stuttgart, HRB 753016
Member of the Board of Directors:
Andreas Schellhammer
D 72070 Tübingen
having sole power of
representation
born: 18.06.1968
President of the Supervisory Board:
Dr. Götz-Peter
Freudenberg
Im Betzengaiern 12
D 70597 Stuttgart
born: 05.10.1953
Profession: Solicitor
Marital status: married
Member of the Supervisory Board:
Prof. Dr. Wolfgang Heinz
Blättchen
Im Steinbergle 13
D 71229 Leonberg
born: 23.01.1953
Profession: Business
consultant
Marital status: married
Member of the Supervisory Board:
Dagmar Brösztl-Reinsch
D 70173 Stuttgart
born: 20.02.1954
Proxy:
Dr. Sven Wünsche
D 73650 Winterbach
born: 27.07.1955
Proxy:
Andreas Wilde
Nürnberger Str. 35
D 15366 Hoppegarten
having sole power of
representation
born: 18.10.1953
Proxy:
Günther Raitbaur
D 72820 Sonnenbühl
having sole power of
representation
born: 13.01.1957
Proxy:
Ralf Fritschi
D 71263 Weil der Stadt
having sole power of
representation
born: 05.02.1963
Proxy:
Dr. Sven Wünsche
D 73650 Winterbach
having sole power of
representation
born: 27.07.1955
25.06.1887 - 03.04.2008 H. Stoll GmbH & Co
Stollweg 1
D 72760 Reutlingen
Ltd partnership with
priv. ltd. company
as general partner
03.04.2008 - 22.07.2015 H. Stoll GmbH & Co. KG
Stollweg 1
D 72760 Reutlingen
Ltd
partnership with priv. ltd. company
as general partner
Main industrial sector
28940
Manufacture of machinery for textile, apparel and leather production
46692
Wholesale of other machinery
Shareholder:
Stoll Financial Services
GmbH
Stollweg 1
D 72760 Reutlingen
Legal form: Private
limited company
Company Status: active
Share capital: EUR 2,500,000.00
Share: EUR 2,500,000.00
Reg. data: 16.01.2002
Local court
70190 Stuttgart
HRB 354011
Shareholder:
Stoll Electronic GmbH
Ast 46
D 93449 Waldmünchen
Legal form: Private
limited company
Company Status:
active
Share capital: EUR 260,000.00
Share: EUR 260,000.00
Reg. data: 06.11.1979
Local court
93049 Regensburg
HRB 2226
Shareholder:
H.Stoll Verwaltungs-GmbH
Stollweg 1
D 72760 Reutlingen
Legal form: Private limited
company
Company Status: active
Share capital: EUR 25,000.00
Share: EUR 25,000.00
Reg. data: 14.04.2003
Local court 70190 Stuttgart
HRB 354203
Payment experience: 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: proprietor
Share: 100.00 %
Address Stollweg 1
D 72760 Reutlingen
Type of ownership: proprietor
Share: 100.00 %
Address Friedrich-Wilhelm-Raiffeisen-
Str.
D 72770 Reutlingen
Real Estate of: STOLL Beteiligungs-AG
Type of ownership: unknown
Address Stollweg 1
D 72760 Reutlingen
Real Estate of: Edeltraud Stoll
Type of ownership: proprietor
Share:
100.00 %
Address Fafnerstr. 31
D 80639 München
Real Estate of: Ursula Weyl
Type of ownership: unknown
Address Bahnhofstr. 6
D 65623 Hahnstätten
Real Estate of: Corinna Stoll
Type of ownership: Tenant
Address Bismarckstr. 13
D 72793 Pfullingen
Real Estate of: Patrick Peter Stoll
Type of ownership: Tenant
Address Fürstenbergstr. 35
D 72768 Reutlingen
Land register documents were not available.
Principal bank
COMMERZBANK VORMALS DRESDNER BANK, 72704
REUTLINGEN
Sort. code: 64080014
BIC: DRESDEFF640
Further banks
COMMERZBANK, 72701 REUTLINGEN
Sort. code: 64040033
BIC:
COBADEFFXXX
DEUTSCHE BANK, 72704 REUTLINGEN
Sort. code: 64070085
BIC: DEUTDESS640
Financial year: 01.01. - 31.12.
Turnover: 2013 EUR 218,000,000.00
2014 EUR
220,000,000.00
further business figures:
Equipment: *EUR 4,320,000.00
Ac/ts receivable: *EUR 3,240,000.00
Liabilities: *EUR 3,240,000.00
Employees:
400
-
Trainees:
30
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 |
|
EUR |
1 |
Rs.73.71 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
HEE |
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|
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Report Prepared
by : |
TPT |
RATING EXPLANATIONS
|
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 |
|
|
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 |
|
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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.