MIRA INFORM REPORT

 

 

Report No. :

308284

Report Date :

24.02.2015

 

IDENTIFICATION DETAILS

 

Name :

FRESSNAPF TIERNAHRUNGS GMBH

 

 

Registered Office :

Westpreußenstr. 32-38, D 47809 Krefeld

 

 

Country :

Germany

 

 

Date of Incorporation :

29.12.1989

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

·         Retail sale of pet animals and pet food

·         Activities of holding companies

 

 

No. of Employees :

Not Available

 

 

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 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

 

 


Company summary

 

FRESSNAPF TIERNAHRUNGS GMBH

 

 Company Status:         active

                                    Westpreußenstr. 32-38

                                    D 47809 Krefeld

                                    Telephone:02151/5191-0

                                    Telefax:  02151/5191-299

                                    Homepage: www.fressnapf.com

                                    E-mail:   info@fressnapf.com

 

 VAT no.:                      DE120591970

 

 

CONCLUSION

 

 Business relations are permissible.

 

 

 LEGAL FORM           Private limited company

 Date of foundation:  29.12.1989

 Shareholders'

 agreement:           29.12.1989

 Registered on:       28.02.1990

 Commercial Register: Local court 47798 Krefeld

 under:               HRB 5030

 

 Share capital:                          EUR          2,000,000.00

 

 Shareholder:

                      Fressnapf Holding SE

                      Westpreußenstr. 32-38

                      D 47809 Krefeld

                      Legal form: European Company (SE)

                      Share capital:     EUR          1,564,900.00

                      Share:             EUR          1,880,000.00

                      Registered on: 18.12.2013

                      Reg. data: 47798 Krefeld, HRB 14651

                      Profit transfer agreement

 Shareholder:

                      Toeller Beteiligungs GmbH & Co. KG

                      Westpreußenstr. 32-38

                      D 47809 Krefeld

                      Legal form: Ltd partnership with priv. ltd.

                      company as general partner

                      Total cap.         EUR             10,000.00

                      contribution:

                      Share:             EUR            120,000.00

                      Registered on: 17.12.2004

                      Reg. data: 47798 Krefeld, HRA 5195

 Manager:

                      Marc Lukies

                      Rheinstr. 38

                      D 47906 Kempen

                      born: 12.01.1969

 Manager:

                      Alfred Hermann Georg Willi Glander

                      Mühlenweg 45

                      D 46519 Alpen

                      born: 16.08.1962

                      Profession: Businessman

                      Marital status: unknown

 Proxy:

                      Heiko Bücker

                      Zum Alten Pastorat 3a

                      D 46569 Hünxe

                      authorized to jointly represent the company

                      born: 09.05.1968

 Proxy:

                      Dr. Christoph Haag

                      D 42929 Wermelskirchen

                      authorized to jointly represent the company

                      born: 26.04.1972

                      Profession: Businessman

 Proxy:

                      Christina Böhme

                      D 45127 Essen

                      authorized to jointly represent the company

                      born: 20.01.1981

 

 Further functions/participations of Marc Lukies (Manager)

 Shareholder:

                      Kunath & Lukies Immobilien und Beteiligungs

                      GmbH

                      Rheinstr. 38

                      D 47906 Kempen

                      Legal form: Private limited company

                      Share capital:     EUR             25,000.00

                      Share:             EUR             12,750.00

                      Registered

                      on:         06.03.2013

                      Reg. data:  47798 Krefeld, HRB 14252

 Manager:

                      Fressnapf Vertrieb Nord/West GmbH

                      Westpreußenstr. 32-38

                      D 47809 Krefeld

                      Legal form: Private limited company

                      Share capital:     EUR          1,530,000.00

                      Registered

                      on:         08.07.1993

                      Reg. data:  47798 Krefeld, HRB 5057

 Manager:

                      Fressnapf Vertrieb Ost GmbH

                      Westpreußenstr. 32-38

                      D 47809 Krefeld

                      Legal form: Private limited company

                      Share capital:     EUR             60,000.00

                      Registered

                      on:         21.11.2013

                      Reg. data:  47798 Krefeld, HRB 14614

 Manager:

                      Fressnapf Immobilien- und

                      Vermögensverwaltungs GmbH

                      Westpreußenstr. 32-38

                      D 47809 Krefeld

                      Legal form: Private limited company

                      Share capital:     EUR            100,000.00

                      Registered

                      on:         09.10.1996

                      Reg. data:  47798 Krefeld, HRB 5998

 Manager:

                      Fressnapf Beteiligungs GmbH

                      Westpreußenstr. 32-38

                      D 47809 Krefeld

                      Legal form: Private limited company

                      Share capital:     EUR          1,400,000.00

                      Registered

                      on:         29.02.2000

                      Reg. data:  47798 Krefeld, HRB 7021

 Manager:

                      Fressnapf Fleischer GmbH

                      Gompitzer Höhe 9

                      D 01156 Dresden

                      Legal form: Private limited company

                      Share capital:     EUR             30,625.00

                      Registered

                      on:         18.02.2014

                      Reg. data:  01069 Dresden, HRB 33080

 Manager:

                      Dox Network GmbH

                      Westpreußenstr. 32-38

                      D 47809 Krefeld

                      Legal form: Private limited company dormant

                      Share capital:     EUR             40,800.00

                      Registered

                      on:         21.08.2008

                      Reg. data:  47798 Krefeld, HRB 12072

 Manager:

                      Fressnapf Tierbedarf Handels GmbH

                      Westpreußenstr. 32-38

                      D 47809 Krefeld

                      Legal form: Private limited company

                      Share capital:     EUR             50,000.00

                      Registered

                      on:         13.02.2008

                      Reg. data:  47798 Krefeld, HRB 11861

 Manager:

                      Fressnapf Vertrieb Süd GmbH

                      Westpreußenstr. 32-38

                      D 47809 Krefeld

                      Legal form: Private limited company

                      Share capital:     EUR             75,000.00

                      Registered

                      on:         07.12.2009

                      Reg. data:  47798 Krefeld, HRB 12726

 Manager:

                      Fressnapf Nord GmbH

                      An der Walddörferbahn 7

                      D 22159 Hamburg

                      Legal form: Private limited company

                      Share capital:     EUR             25,000.00

                      Registered

                      on:         24.03.2010

                      Reg. data:  20355 Hamburg, HRB 113177

 Manager:

                      MEGAZOO Heimtierbedarf Koblenz GmbH

                      Westpreußenstr. 32-38

                      D 47809 Krefeld

                      Legal form: Private limited company

                      Share capital:     EUR             50,000.00

                      Registered

                      on:         13.10.2009

                      Reg. data:  47798 Krefeld, HRB 12653

 Managing Director:

                      Fressnapf Holding SE

                      Westpreußenstr. 32-38

                      D 47809 Krefeld

                      Legal form: European Company (SE)

                      Share capital:     EUR          1,564,900.00

                      Registered

                      on:         18.12.2013

                      Reg. data:  47798 Krefeld, HRB 14651

 

 Further functions/participations of Alfred Hermann Georg Willi

 Glander (Manager)

 Limited partner:

                      AGIC GmbH & Co. KG

                      Mühlenweg 45

                      D 46519 Alpen

                      Legal form: Ltd partnership with priv. ltd.

                                  company as general partner

                      Total cap.         EUR             25,000.00

                      contribution:

                      Share:             EUR             17,500.00

                      Registered

                      on:         22.08.2011

                      Reg. data:  47533 Kleve, HRA 3794

 Shareholder:

                      AGIC Verwaltungs GmbH

                      Mühlenweg 45

                      D 46519 Alpen

                      Legal form: Private limited company

                      Share capital:     EUR             25,000.00

                      Share:             EUR             25,000.00

                      Registered

                      on:         18.08.2011

                      Reg. data:  47533 Kleve, HRB 11070

 Manager:

                      Fressnapf Vertrieb Nord/West GmbH

                      Westpreußenstr. 32-38

                      D 47809 Krefeld

                      Legal form: Private limited company

                      Share capital:     EUR          1,530,000.00

                      Registered

                      on:         08.07.1993

                      Reg. data:  47798 Krefeld, HRB 5057

 Manager:

                      Fressnapf Vertrieb Ost GmbH

                      Westpreußenstr. 32-38

                      D 47809 Krefeld

                      Legal form: Private limited company

                      Share capital:     EUR             60,000.00

                      Registered

                      on:         21.11.2013

                      Reg. data:  47798 Krefeld, HRB 14614

 Manager:

                      Fressnapf Logistik GmbH

                      Westpreußenstr. 32-38

                      D 47809 Krefeld

                      Legal form: Private limited company

                      Share capital:     EUR            250,000.00

                      Registered

                      on:         21.10.2013

                      Reg. data:  47798 Krefeld, HRB 14567

 Manager:

                      Fressnapf Vertrieb Süd GmbH

                      Westpreußenstr. 32-38

                      D 47809 Krefeld

                      Legal form: Private limited company

                      Share capital:     EUR             75,000.00

                      Registered

                      on:         07.12.2009

                      Reg. data:  47798 Krefeld, HRB 12726

 Manager:

                      AGIC Verwaltungs GmbH

                      Mühlenweg 45

                      D 46519 Alpen

                      Legal form: Private limited company

                      Share capital:     EUR             25,000.00

                      Registered

                      on:         18.08.2011

                      Reg. data:  47533 Kleve, HRB 11070

 Manager:

                      MULTIFIT Tiernahrungs GmbH

                      Westpreußenstr. 32-38

                      D 47809 Krefeld

                      Post Box:

                      93 26, D 47750 Krefeld

                      Legal form: Private limited company

                      Share capital:     EUR             50,000.00

                      Registered

                      on:         24.04.1997

                      Reg. data:  47798 Krefeld, HRB 6162

 Managing Director:

                      Fressnapf Holding SE

                      Westpreußenstr. 32-38

                      D 47809 Krefeld

                      Legal form: European Company (SE)

                      Share capital:     EUR          1,564,900.00

                      Registered

                      on:         18.12.2013

                      Reg. data:  47798 Krefeld, HRB 14651

 

 

COMPANY HISTORY

 

 29.12.1989 - 26.01.1998  Freßnapf Tiernahrungs GmbH

                          D 47877 Willich

                          Private limited company

 26.01.1998 - 08.2000     Freßnapf Tiernahrungs GmbH

                          Dießemer Bruch 181

                          D 47805 Krefeld

                          Private limited company

 

 

RESIGNED ACTING PERSONS AND SHAREHOLDERS

 

 13.12.2011 - 08.01.2015  Manager

                          Stephan Tendam

                          D 20095 Hamburg

 20.03.2002 - 12.12.2013  Manager

                          Torsten Toeller

                          D 47269 Duisburg

 13.12.2011 - 07.02.2013  Manager

                          Johannes Croé

                          D 53945 Blankenheim

 13.12.2011 - 21.08.2012  Manager

                          Martin Peter Luntscher

                          D 42799 Leichlingen

 

 

BUSINESS ACTIVITIES

 

 Main industrial sector

 47762   Retail sale of pet animals and pet food

 

 Secondary industrial sector

 6420    Activities of holding companies

 

 

BRANCHES AND FACTORIES

 

 Works:

                      Fressnapf Tiernahrungs GmbH

                      Kampshege 2

                      D 59069 Hamm

 Works:

                      Fressnapf Tiernahrungs GmbH

                      Leimbachstr. 37

                      D 57074 Siegen

                      TEL.: 0271/3300310

 Branch:

                      Fressnapf Tiernahrungs GmbH

                      Dürener Str. 62

                      D 50226 Frechen

 Branch:

                      Fressnapf Tiernahrungs GmbH

                      Wesselinger Str. 2-8

                      D 50321 Brühl

 Branch:

                      Fressnapf Tiernahrungs GmbH

                      Max-Eyth-Str.

                      D 46539 Dinslaken

                      TEL.: 02064/417270

 Branch:

                      Fressnapf Tiernahrungs GmbH

                      Am Schnabelhuck 4-6

                      D 47058 Duisburg

                      TEL.: 0203/330887

 Branch:

                      Fressnapf Tiernahrungs GmbH

                      Kreuzstr. 5

                      D 47877 Willich

                      TEL.: 02154/912353

 Branch:

                      Fressnapf Tiernahrungs GmbH

                      D 53111 Bonn

 Branch:

                      Fressnapf Tiernahrungs GmbH

                      D 53840 Troisdorf

 Branch:

                      Fressnapf Tiernahrungs GmbH

                      D 41460 Neuss

 Branch:

                      Fressnapf Tiernahrungs GmbH

                      Bahnstr. 7

                      D 52355 Düren

 Branch:

                      Fressnapf Tiernahrungs GmbH

                      Adam-Opel-Str.

                      D 41812 Erkelenz

 Branch:

                      Fressnapf Tiernahrungs GmbH

                      Mathias-Giesen-Str. 18

                      D 41540 Dormagen

                      TEL.: 02133/210730

                      FAX.: 02133/210732

 Branch:

                      Fressnapf Tiernahrungs GmbH

                      Kappeler Str. 144

                      D 40599 Düsseldorf

                      TEL.: 0211/7404623

 Branch:

                      Fressnapf Tiernahrungs GmbH

                      Kleinbahnstr.28

                      D 47906 Kempen

 Branch:

                      Fressnapf Tiernahrungs GmbH

                      Varrelheidering 20

                      D 30659 Hannover

                      TEL.: 0511/6137173

 Branch:

                      Fressnapf Tiernahrungs GmbH

                      Würzburger Str. 76

                      D 89520 Heidenheim

                      TEL.: 07321/965396

                      FAX.: 07321/965397

 Branch:

                      Fressnapf Tiernahrungs GmbH

                      Bahnhofstr. 8

                      D 54550 Daun

                      TEL.: 06592/982689

 Branch:

                      Fressnapf Tiernahrungs GmbH

                      Wilhelmstr. 193

                      D 59067 Hamm

 

 

PARTICIPATIONS

 

 Shareholder:

                      Fressnapf Pernot GmbH

                      Lilienstr. 14

                      D 47495 Rheinberg

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             25,000.00

                      Share:             EUR             25,000.00

                      Reg. data:  17.09.2007

                                  Local court 47533 Kleve

                                  HRB 8810

 

Payment experience:  within agreed terms

 

 Negative information:We have no negative information at hand.

 

 

REAL ESTATE

 

 Type of ownership:   proprietor

 Share:                100.00 %

 Address              Westpreußenstr. 32-38

                      D 47809 Krefeld

 

 Land register documents were not available.

 

 

BANKERS

 

 Principal bank

 SPARKASSE KREFELD, 47719 KREFELD

 Sort. code: 32050000

 BIC: SPKRDE33XXX

 

 Further bank

 VOLKSBANK MÖNCHENGLADBACH, 41241 MÖNCHENGLADBACH

 Sort. code: 31060517

 BIC: GENODED1MRB

 

 

FINANCIAL FIGURES

 

 Financial year:      01.01. - 31.12.

 Share capital:                          EUR          2,000,000.00

 The number of employees is not known.

 

 Profit transfer agreement to:

                      Fressnapf Holding SE

                      Westpreußenstr. 32-38

                      D 47809 Krefeld


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.62.18

UK Pound

1

Rs.95.71

Euro

1

Rs.70.75

 

 

INFORMATION DETAILS

 

Analysis Done by :

SUB

 

 

Report Prepared by :

TPT

 

               


 

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.