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Report No. : |
356912 |
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Report Date : |
30.12.2015 |
IDENTIFICATION DETAILS
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Name : |
ME-MESSSYSTEME GMBH |
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Registered Office : |
Neuendorfstr. 18a D 16761 Hennigsdorf |
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Country : |
Germany |
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Financials (as on) : |
31.12.2014 |
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Date of Incorporation : |
20.07.1995 |
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Com. Reg. No.: |
HRB 5297 NP |
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Legal Form : |
Private limited company |
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Line of Business : |
·
Manufacture of instruments and
appliances for measuring, testing and navigation ·
Wholesale of electronic and
telecommunications equipment and parts ·
Engineering activities in the field of
technical sectoral planning andengineering design |
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No. of Employee : |
22 |
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.
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Source
: CIA |
ME-MESSSYSTEME
GMBH
Company Status: active
Neuendorfstr. 18a
D 16761 Hennigsdorf
Telephone:03302/78620-60
Telefax: 03302/78620-69
Homepage:
www.me-systeme.de
E-mail:
info@me-systeme.de
VAT
no.: DE174095206
Tax
ID number: 053/114/01833
Business relations are permissible.
LEGAL FORM Private
limited company
Date of foundation: 20.07.1995
Shareholders'
agreement: 20.07.1995
Registered on: 20.12.1999
Commercial Register: Local court 16816 Neuruppin
under: HRB
5297 NP
EUR 30,750.00
Shareholder:
Dr.-Ing. Holger Kabelitz
Grußdorfstr. 8
D 13507 Berlin
born: 13.06.1962
Share: EUR 24,754.00
Shareholder:
ME-Meßsysteme GmbH
Neuendorfstr. 18a
D 16761 Hennigsdorf
Legal form: Private
limited company
Share capital: EUR 30,750.00
Share: EUR 2,766.00
Registered on: 20.12.1999
Reg. data: 16816
Neuruppin, HRB 5297 NP
Shareholder:
Sebastian Gurok
Terwielsteig 3
D 13627 Berlin
born: 16.03.1974
Share: EUR 1,384.00
Shareholder:
Mario Batarow
Pappelweg 16
D 18276 Lüssow
born: 15.05.1981
Share: EUR 923.00
Shareholder:
Elena Meissner
Stadtrandstr. 486
D 13589 Berlin
born: 19.07.1989
Share: EUR 923.00
Manager:
Dr.-Ing. Holger Kabelitz
Grußdorfstr. 8
D 13507 Berlin
having sole power of
representation
born: 13.06.1962
Profession: mechanical
engineer educated to
degree level
Marital status: single
20.07.1995 - 19.12.1999 ME-Meßsysteme GmbH
Am Technologiepark 1
D 03099 Kolkwitz
Private limited
company
20.03.2002 - 31.03.2005 ME-Meßsysteme GmbH
Neuendorfstr. 18b
D 16761 Hennigsdorf
Private limited
company
Sectors
26511
Manufacture of instruments and appliances for measuring,
testing and navigation
46520
Wholesale of electronic and telecommunications equipment
and
parts
71122
Engineering activities in the field of technical sectoral
planning andengineering design
96090
Other service activities n. e. c.
Shareholder:
ME-Meßsysteme GmbH
Neuendorfstr. 18a
D 16761 Hennigsdorf
Legal form: Private
limited company
Company Status: active
Share capital: EUR 30,750.00
Share: EUR 2,766.00
Reg. data: 20.12.1999
Local court
16816 Neuruppin
HRB 5297 NP
Payment experience: within agreed terms
Negative
information:We have no negative information at hand.
Balance sheet year: 2014
PMI: No significant / relevant payment
experience
information pertaining to
the company
inquired upon is shown in
the Deutscher
Debitoren Monitor
(DDMonitor).
Events Index: 1
At present, NO events are
known.
The Events Index
indicates if any particular
events have occurred,
such as e.g. a
relocation of registered
office or a change
within management. On the
basis of number,
relevance and
up-to-dateness of the events
an index value ranging
from 1 (no events) to
5 is calculated.
Companies showing a
particularly large number
of events receive
the index 6.
Type of ownership: Tenant
Address
Neuendorfstr. 18a
D 16761 Hennigsdorf
Real Estate of: Dr.-Ing. Holger Kabelitz
Type of ownership: Tenant
Address Grußdorfstr. 8
D 13507 Berlin
Land register documents were not available.
SPARKASSE SPREE-NEIßE, 03006 COTTBUS
Sort. code: 18050000
BIC: WELADED1CBN
Turnover: 2013 *EUR 3,107,500.00
2014 *EUR 3,107,500.00
further
business figures:
Equipment: *EUR 170,500.00
Ac/ts receivable: EUR 299,050.00
Liabilities: EUR 219,108.00
Total numbers of vehicles: 1
-
Lorries:
1
Employees:
22
The
business figures marked with an asterisk are estimates based
on
average values in the line of business.
Balance sheet ratios 01.01.2014 - 31.12.2014
Equity ratio [%]: 84.52
Liquidity ratio: 10.00
Balance sheet ratios 01.01.2013 - 31.12.2013
Equity ratio [%]: 79.84
Liquidity ratio: 10.00
Balance sheet ratios 01.01.2012 - 31.12.2012
Equity ratio [%]: 79.94
Liquidity ratio: 10.00
Balance sheet ratios 01.01.2011 - 31.12.2011
Equity ratio [%]: 55.18
Liquidity ratio: 10.00
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: 01.01.2014 - 31.12.2014
ASSETS EUR 2,523,249.30
Fixed assets
EUR 186,195.00
Intangible assets
EUR 14,544.00
Tangible assets
EUR 171,651.00
Current assets
EUR 2,320,749.13
Stocks
EUR 1,036,348.96
Accounts receivable
EUR 299,050.27
Liquid means
EUR 985,349.90
Remaining other assets
EUR 16,305.17
Accruals (assets)
EUR 16,305.17
LIABILITIES EUR 2,523,249.30
Shareholders' equity
EUR 2,128,860.84
Capital
EUR 27,984.00
Subscribed capital (share capital)
EUR 30,750.00
Other capital
EUR -2,766.00
Reserves
EUR 2,766.00
Retained earnings / revenue reserves EUR 2,766.00
Balance sheet profit/loss (+/-)
EUR 2,098,110.84
Balance sheet profit / loss
EUR 2,098,110.84
Provisions
EUR 175,280.57
Liabilities EUR 219,107.89
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 2,300,284.54
Fixed assets
EUR 114,618.00
Intangible assets
EUR 2,341.00
Tangible assets
EUR 112,277.00
Current
assets EUR 2,180,700.05
Stocks
EUR 825,595.29
Accounts receivable
EUR 295,732.01
Liquid means
EUR 1,059,372.75
Remaining other assets
EUR 4,966.49
Accruals (assets)
EUR 4,966.49
LIABILITIES EUR 2,300,284.54
Shareholders' equity
EUR 1,836,689.95
Capital
EUR 27,984.00
Subscribed capital (share capital)
EUR 30,750.00
thereof not yet paid-up capital
EUR 30,750.00
thereof called EUR 27,984.00
thereof uncalled outstanding
contributions
EUR 2,766.00
Reserves
EUR 2,766.00
Retained earnings / revenue reserves EUR 2,766.00
Balance sheet profit/loss (+/-)
EUR 1,805,939.95
Balance sheet profit / loss
EUR 1,805,939.95
Provisions
EUR 159,200.00
Liabilities
EUR 304,394.59
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.66.37 |
|
|
1 |
Rs.98.91 |
|
Euro |
1 |
Rs.72.85 |
|
EUR |
1 |
Rs.72.65 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
HNA |
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|
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Report Prepared
by : |
ANK |
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 |
|
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 |
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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 |
|
<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.