MIRA INFORM REPORT

 

 

 

 

Report No. :

258649.2

Report Date :

14.02.2015

 

 

company name

 

pka KLÖCKER GmbH

 

Company address

 

Friedrichstr. 2

D 40699 Erkrath

Telephone:        0211/242527

Telefax:            0211/9007962

Homepage:       www.pka-kloecker.de

E-mail:              pka-kloecker@t-online.de

 

 

Company Status

 

active

 

 

VAT no

 

DE812848731

 

 

CONCLUSION

 

Business relations are permissible.

 

 

Synthesis

           

LEGAL FORM               Private limited company

Date of foundation:       1948

Shareholders'

agreement:                    17.12.1999

Registered on:              18.01.2000

Commercial Register:    Local court 42103 Wuppertal

under:                                       HRB 13926

Share capital:                 EUR             60,000.00

 

 

Shareholder

 

Bunzl Holding GmbH

Elbestr. 1-3

D 45768 Marl

Legal form: Private limited company

Share capital:     EUR            200,000.00

Share:             EUR             60,000.00

Registered on: 07.12.2005

Reg. data: 45879 Gelsenkirchen, HRB 8407

 

Manager

 

Peter Klöcker

D 40699 Erkrath

having sole power of representation

born: 01.10.1950

Profession: Businessman

Marital status: unknown

 

Manager:

Hans-Georg Wieskus

D 48249 Dülmen

having sole power of representation

born: 18.11.1960

Profession: Businessman

Marital status: married

 

Further functions/participations of Hans-Georg Wieskus (Manager)

 

Shareholder:

                      Bunzl Holding GmbH

                      Elbestr. 1-3

                      D 45768 Marl

                      Legal form: Private limited company

                      Share capital:     EUR            200,000.00

                      Share:             EUR             66,666.67

                      Registered

                      on:         07.12.2005

                      Reg. data:  45879 Gelsenkirchen, HRB 8407

 Manager:

                      Bäumer Betriebshygiene Vertriebsgesellschaft

                      mbH

                      Maysweg 11

                      D 47918 Tönisvorst

                      Legal form: Private limited company

                      Share capital:     EUR            100,000.00

                      Registered

                      on:         23.03.1979

                      Reg. data:  47798 Krefeld, HRB 9047

 Manager:

                      Bunzl Verpackungen GmbH

                      Elbestr. 1-3

                      D 45768 Marl

                      Legal form: Private limited company

                      Share capital:     EUR            675,000.00

                      Registered

                      on:         20.03.2006

                      Reg. data:  45879 Gelsenkirchen, HRB 8540

 Manager:

                      PROTEMO GmbH

                      Maysweg 11

                      D 47918 Tönisvorst

                      Legal form: Private limited company

                      Share capital:     EUR             30,000.00

                      Registered

                      on:         06.04.2004

                      Reg. data:  47798 Krefeld, HRB 10146

 Manager:

                      Bunzl Holding GmbH

                      Elbestr. 1-3

                      D 45768 Marl

                      Legal form: Private limited company

                      Share capital:     EUR            200,000.00

                      Registered

                      on:         07.12.2005

                      Reg. data:  45879 Gelsenkirchen, HRB 8407

 

 

COMPANY HISTORY

 

1978 - 18.01.2000        Peter Klöcker

                          Friedrichstr. 2

                          D 40699 Erkrath

                          Unregistered commercial enterprise

 

18.01.2000 - 30.11.2004  PKA Klöcker GmbH

                          Friedrichstr. 2

                          D 40699 Erkrath

                          Private limited company

 

 

BUSINESS ACTIVITIES

 

Main industrial sector

46421   Wholesale of clothing

46422   Wholesale of footwear

46693   Wholesale of other equipment and accessories for machinery and technical supplies

4771    Retail sale of clothing

 

 

FINANCIAL INFORMATION

 

Payment experience:     within agreed terms

 

Negative information:    We have no negative information at hand.

 

Balance sheet year:       2013

 

 

REAL ESTATE

 

Type of ownership:        Tenant

Address                        Friedrichstr. 2

                                    D 40699 Erkrath

 

Land register documents were not available.

 

BANKERS

 

COMMERZBANK, 40002 DÜSSELDORF

Sort. code: 30040000

BIC: COBADEDDXXX

 

 

FINANCIAL FIGURES

 

 Turnover:            2013               EUR          5,700,000.00

 Profit:              2012               EUR            605,087.00

                      2013               EUR            631,375.00

 further business figures:

 Ac/ts receivable:                       EUR          1,155,023.00

 Liabilities:                            EUR            237,964.00

 Employees:                                                     11

 

 

BALANCE SHEETS

 

 Balance sheet ratios 01.01.2013 - 31.12.2013

 Equity ratio [%]:                 90.14

 Liquidity ratio:                  10.00

 Return on total capital [%]:      20.20

 

 Balance sheet ratios 01.01.2012 - 31.12.2012

 Equity ratio [%]:                 91.56

 Liquidity ratio:                  10.00

 Return on total capital [%]:      16.77

 

 Balance sheet ratios 01.01.2011 - 31.12.2011

 Equity ratio [%]:                 73.38

 Liquidity ratio:                   1.02

 Return on total capital [%]:      21.56

 

 Balance sheet ratios 01.01.2010 - 31.12.2010

 Equity ratio [%]:                 82.24

 Liquidity ratio:                  10.00

 Return on total capital [%]:      21.96

 

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

 

 Financial year:      01.01.2013 - 31.12.2013

 

 ASSETS                                  EUR          3,130,223.03

  Fixed assets                           EUR             77,252.00

   Intangible assets                     EUR              9,386.00

   Tangible assets                       EUR             67,866.00

  Current assets                         EUR          3,042,332.32

   Stocks                                EUR          1,513,075.46

   Accounts receivable                   EUR          1,155,023.19

   Liquid means                          EUR            374,233.67

  Remaining other assets                 EUR             10,638.71

   Accruals (assets)                     EUR             10,638.71

 

 LIABILITIES                             EUR          3,130,223.03

  Shareholders' equity                   EUR          2,822,124.07

   Capital                               EUR             60,000.00

    Subscribed capital (share capital)   EUR             60,000.00

   Balance sheet profit/loss (+/-)       EUR          2,762,124.07

    Profit / loss brought forward        EUR          2,130,748.70

    Annual surplus / annual deficit      EUR            631,375.37

  Provisions                             EUR             70,135.00

  Liabilities                            EUR            237,963.96

 

 Type of balance

 sheet:               Company balance sheet

 

 Financial year:      01.01.2012 - 31.12.2012

 

 ASSETS                                  EUR          3,889,519.53

  Fixed assets                           EUR            434,862.00

   Intangible assets                     EUR             18,766.00

    Other / unspecified intangible assetsEUR             18,766.00

   Tangible assets                       EUR            416,096.00

    Other / unspecified tangible assets  EUR            416,096.00

  Current assets                         EUR          3,444,377.43

   Stocks                                EUR          2,153,784.64

    Other / unspecified stocks           EUR          2,153,784.64

   Accounts receivable                   EUR            790,648.03

    thereof total due from shareholders  EUR            272,070.75

    Other debtors and assets             EUR            790,648.03

   Liquid means                          EUR            499,944.76

  Remaining other assets                 EUR             10,280.10

   Accruals (assets)                     EUR             10,280.10

 

 LIABILITIES                             EUR          3,889,519.53

  Shareholders' equity                   EUR          3,551,766.96

   Capital                               EUR             60,000.00

    Subscribed capital (share capital)   EUR             60,000.00

   Balance sheet profit/loss (+/-)       EUR          3,491,766.96

    Profit / loss brought forward        EUR          2,886,679.91

    Annual surplus / annual deficit      EUR            605,087.05

  Provisions                             EUR            148,907.00

   Other / unspecified provisions        EUR            148,907.00

  Liabilities                            EUR            188,845.57

   thereof total due to shareholders     EUR             33,146.09

   Other liabilities                     EUR            188,845.57

    Liabilities from leasing transactionsEUR            188,845.57


MIRA INFORM REPORT

 

 

Report No. :

258649

Report Date :

21.03.2014

 

IDENTIFICATION DETAILS

 

Name :

PKA KLÖCKER GMBH

 

 

Registered Office :

Friedrichstr. 2, D 40699 Erkrath, Post Box 13 27, D 40673 Erkrath

 

 

Country :

Germany

 

 

Financials (as on) :

31.12.2012

 

 

Year of Establishments:

1948

 

 

Com. Reg. No.:

HRB 13926

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

·         Wholesaler of clothing

·         Wholesaler of footwear

·         Wholesaler of other equipment and accessories for machinery and technical supplies

·         Retail sale of clothing

 

 

No. of Employees

16

 

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 

 

 

Payment Behaviour :

No Complaints 

 

 

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 01, 2013

 

Country Name

Previous Rating

(30.09.2013)

Current Rating

(01.12.2013)

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, contributed to strong growth in 2006 and 2007 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 6.5% in 2012. GDP contracted 5.1% in 2009 but grew by 4.2% in 2010, and 3.0% in 2011, before dipping to 0.7% in 2012 - a reflection of low investment spending due to crisis-induced uncertainty and the decreased demand for German exports from recession-stricken periphery countries. 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. 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. By 2014, the federal government wants to balance its budget. 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

 

COMPANY NAME & ADDRESS  

 

pka KLÖCKER GmbH

 

Friedrichstr. 2

D 40699 Erkrath

Post Box:

13 27, D 40673 Erkrath

Telephone:        0211/242527

Telefax:            0211/9007962

Homepage:       www.pka-kloecker.de

E-mail:              pka-kloecker@t-online.de

 

 

Company Status

 

active

 

 

VAT no

 

DE812848731

 

 

CONCLUSION

 

Business relations are permissible.

 

 

SYNTHESIS

 

LEGAL FORM               Private limited company

Date of foundation:       1948

Shareholders'

agreement:                    17.12.1999

Registered on:              18.01.2000

Commercial Register:    Local court 42103 Wuppertal

under:                                       HRB 13926

Share capital:                 EUR             60,000.00

 


Shareholder

 

Bunzl Holding GmbH

Elbestr. 1-3

D 45768 Marl

Legal form: Private limited company

Share capital:     EUR            200,000.00

Share:             EUR             60,000.00

Registered on: 07.12.2005

Reg. data: 45879 Gelsenkirchen, HRB 8407

 

Manager

 

Peter Klöcker

D 40699 Erkrath

having sole power of representation

born: 01.10.1950

Profession: Businessman

Marital status: unknown

 

Manager:

                      Hans-Georg Wieskus

                      Droste-Hülshoff-Str. 38

                      D 48249 Dülmen

                      having sole power of representation

                      born: 18.11.1960

                      Profession: Businessman

                      Marital status: married

 

Further functions/participations of Hans-Georg Wieskus (Manager)

 

 Shareholder:

                      Bunzl Holding GmbH

                      Elbestr. 1-3

                      D 45768 Marl

                      Legal form: Private limited company

                      Share capital:     EUR            200,000.00

                      Share:             EUR             66,666.67

                      Registered

                      on:         07.12.2005

                      Reg. data:  45879 Gelsenkirchen, HRB 8407

 Manager:

                      Bäumer Betriebshygiene Vertriebsgesellschaft

                      mbH

                      Maysweg 11

                      D 47918 Tönisvorst

                      Legal form: Private limited company

                      Share capital:     EUR            100,000.00

                      Registered

                      on:         23.03.1979

                      Reg. data:  47798 Krefeld, HRB 9047

 Manager:

                      Bunzl Verpackungen GmbH

                      Elbestr. 1-3

                      D 45768 Marl

                      Legal form: Private limited company

                      Share capital:     EUR            675,000.00

                      Registered

                      on:         20.03.2006

                      Reg. data:  45879 Gelsenkirchen, HRB 8540

 Manager:

                      Bunzl Holding GmbH

                      Elbestr. 1-3

                      D 45768 Marl

                      Legal form: Private limited company

                      Share capital:     EUR            200,000.00

                      Registered

                      on:         07.12.2005

                      Reg. data:  45879 Gelsenkirchen, HRB 8407

 

 

COMPANY HISTORY

 

1948 - 18.01.2000        Peter Klöcker

                          Friedrichstr. 2

                          D 40699 Erkrath

                          Unregistered commercial enterprise

 

18.01.2000 - 30.11.2004  PKA Klöcker GmbH

                          Friedrichstr. 2

                          D 40699 Erkrath

                          Private limited company

 

 

BUSINESS ACTIVITIES

 

Main industrial sector

·         46421   Wholesaler of clothing

·         46422   Wholesaler of footwear

·         46693   Wholesaler of other equipment and accessories for machinery and technical supplies

·         4771    Retail sale of clothing

 

 


FINANCIAL INFORMATION

 

Payment experience:     within agreed terms

 

Negative information:    We have no negative information at hand.

 

Balance sheet year:       2012

 

 

REAL ESTATE

 

Type of ownership:        Tenant

Address                        Friedrichstr. 2

                                    D 40699 Erkrath

 

 Real Estate of:             Hans-Georg Wieskus

 Type of ownership:       proprietor

 Share:                          100.00 %

 Address                       Droste-Hülshoff-Str. 38

                                    D 48249 Dülmen

 

 Land register documents were not available.

 

 

BANKERS

 

COMMERZBANK VORMALS DRESDNER BANK, 40702 HILDEN

Sort. code: 30080000

BIC: DRESDEFF300

 

COMMERZBANK, 40002 DÜSSELDORF

Sort. code: 30040000

BIC: COBADEDDXXX

 

KREISSPARKASSE DÜSSELDORF, 40001 DÜSSELDORF

Sort. code: 30150200, Account no.: 0003522091

BIC: WELADED1KSD, IBAN: DE65301502000003522091

 

 

FINANCIAL FIGURES

 

 Turnover:            2012               EUR          6,380,000.00

                      2013               EUR          6,250,000.00

 Profit:              2012               EUR            605,087.00

 further business figures:

 Equipment:                             *EUR            128,000.00

 Ac/ts receivable:                       EUR            790,648.00

 Liabilities:                            EUR            188,846.00

 Employees:                                                     16

 

 The business figures marked with an asterisk are estimates based on average values in the line of business.

 

 

BALANCE SHEETS

 

 Balance sheet ratios 01.01.2012 - 31.12.2012

 Equity ratio [%]:                 91.56

 Liquidity ratio:                  10.00

 Return on total capital [%]:      16.77

 

 Balance sheet ratios 01.01.2011 - 31.12.2011

 Equity ratio [%]:                 73.38

 Liquidity ratio:                   1.02

 Return on total capital [%]:      21.56

 

 Balance sheet ratios 01.01.2010 - 31.12.2010

 Equity ratio [%]:                 82.24

 Liquidity ratio:                  10.00

 Return on total capital [%]:      21.96

 

 Balance sheet ratios 01.01.2009 - 31.12.2009

 Equity ratio [%]:                 70.62

 Liquidity ratio:                  10.00

 Return on total capital [%]:      15.41

 

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

 

 Financial year:      01.01.2012 - 31.12.2012

 

 ASSETS                                  EUR          3,889,519.53

  Fixed assets                           EUR            434,862.00

   Intangible assets                     EUR             18,766.00

    Other / unspecified intangible assetsEUR             18,766.00

   Tangible assets                       EUR            416,096.00

    Other / unspecified tangible assets  EUR            416,096.00

  Current assets                         EUR          3,444,377.43

   Stocks                                EUR          2,153,784.64

    Other / unspecified stocks           EUR          2,153,784.64

   Accounts receivable                   EUR            790,648.03

    thereof total due from shareholders  EUR            272,070.75

    Other debtors and assets             EUR            790,648.03

   Liquid means                          EUR            499,944.76

  Remaining other assets                 EUR             10,280.10

   Accruals (assets)                     EUR             10,280.10

 

 LIABILITIES                             EUR          3,889,519.53

  Shareholders' equity                   EUR          3,551,766.96

   Capital                               EUR             60,000.00

    Subscribed capital (share capital)   EUR             60,000.00

   Balance sheet profit/loss (+/-)       EUR          3,491,766.96

    Profit / loss brought forward        EUR          2,886,679.91

    Annual surplus / annual deficit      EUR            605,087.05

  Provisions                             EUR            148,907.00

   Other / unspecified provisions        EUR            148,907.00

  Liabilities                            EUR            188,845.57

   thereof total due to shareholders     EUR             33,146.09

   Other liabilities                     EUR            188,845.57

    Liabilities from leasing transactionsEUR            188,845.57

 

 Type of balance

 sheet:               Company balance sheet

 

 Financial year:      01.01.2011 - 31.12.2011

 

 ASSETS                                  EUR          4,637,400.72

  Fixed assets                           EUR            388,264.00

   Intangible assets                     EUR             28,454.00

    Other / unspecified intangible assetsEUR             28,454.00

   Tangible assets                       EUR            359,810.00

    Other / unspecified tangible assets  EUR            359,810.00

  Current assets                         EUR          4,238,525.62

   Stocks                                EUR          3,029,425.75

   Accounts receivable                   EUR          1,165,106.27

    Other debtors and assets             EUR          1,165,106.27

   Liquid means                          EUR             43,993.60

  Remaining other assets                 EUR             10,611.10

   Accruals (assets)                     EUR             10,611.10

 

 LIABILITIES                             EUR          4,637,400.72

  Shareholders' equity                   EUR          3,496,679.91

   Capital                               EUR             60,000.00

    Subscribed capital (share capital)   EUR             60,000.00

   Balance sheet profit/loss (+/-)       EUR          3,436,679.91

    Profit / loss brought forward        EUR          2,538,801.89

    Annual surplus / annual deficit      EUR            897,878.02

  Provisions                             EUR            371,980.00

  Liabilities                            EUR            768,740.81

   Other liabilities                     EUR            768,740.81

    Unspecified other liabilities        EUR            768,740.81


FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

        Rs.62.14

UK Pound

1

Rs.95.78

Euro

1

Rs.71.05

 

 

INFORMATION DETAILS

 

Report Prepared by :

MNL

               

 

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%)

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.