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Report No. : |
307036 |
|
Report Date : |
06.02.2015 |
IDENTIFICATION DETAILS
|
Name : |
TOM TAILOR GMBH |
|
|
|
|
Registered Office : |
Garstedter Weg 14, D 22453 Hamburg |
|
|
|
|
Country : |
Germany |
|
|
|
|
Year of Establishment : |
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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|
|
|
Line of Business : |
· Wholesale of Textiles and Clothing · Retail Sale of Clothing |
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|
|
|
No. of Employees : |
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 |
|
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 – December 31, 2014
|
Country Name |
Previous Rating (30.09.2014) |
Current Rating (31.12.2014) |
|
Germany |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
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, has 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 5.3% in 2013. The new German government introduced a
minimum wage of $11 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%. 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. 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 hopes to
replace nuclear power with renewable energy. 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.
|
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
DE252291581
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:
Dieter Holzer
Roßbachstr. 2
D 88212 Ravensburg
having sole power of
representation
born: 11.05.1964
Profession: Fully
qualified retailer
Marital status: unknown
Proxy:
Frank Thun
D 24582 Bordesholm
authorized to jointly
represent the company
born: 18.03.1969
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: Bank Clerk
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:
Dr. Marc Schumacher
D 22453 Hamburg
authorized to jointly
represent the company
born: 22.12.1977
Profession: Management expert
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 Pothmann
D 22453 Hamburg
authorized to jointly
represent the company
born: 22.06.1981
Proxy:
Daniel Peterburs
D 22453 Hamburg
authorized to jointly
represent the company
born: 18.01.1980
Further functions/participations of Dieter
Holzer (Manager)
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
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
Payment experience: within periods customary in this trade
Negative information:We have no negative
information at hand.
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
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.61.87 |
|
|
1 |
Rs.94.07 |
|
Euro |
1 |
Rs.70.19 |
INFORMATION DETAILS
|
Analysis Done by
: |
SUB |
|
|
|
|
Report Prepared
by : |
NIT |
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.