MIRA INFORM REPORT

 

 

Report No. :

309927

Report Date :

25.02.2015

 

IDENTIFICATION DETAILS

 

Name :

THYSSENKRUPP METALLURGICAL PRODUCTS GMBH

 

 

Registered Office :

ThyssenKrupp Allee 1, D 45143 Essen, Post Box:10 37 43, D 45127 Essen

 

 

Country :

Germany

 

 

Date of Incorporation :

05.06.1986

 

 

Com. Reg. No.:

HRB 6823

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

·         Manufacture of Refined Petroleum Products.

·         Wholesale of Solid, Liquid and Gaseous Fuels and Related Products.

·         Non-Specialized Wholesale of Raw Materials and Half-Finished and Finished Goods.

 

 

No. of Employees :

Not Available

 

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

 

Status :

Moderate

 

 

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 Name and address

 

ThyssenKrupp Metallurgical Products GmbH

 

Company Status:      Active

                        ThyssenKrupp Allee 1

                         D 45143 Essen

                        Post Box:

                        10 37 43, D 45127 Essen

                        Telephone:        0201/844-563901

                        Telefax:            0201/844-563902

                        Homepage:       www.thyssenkrupp-metallurgical-products.com

                        E-mail:              metpro@thyssenkrupp.com

 

 

VAT no.          

 

DE812716345

 

 

Tax ID number

 

112/5795/0833

 

 

Company Summary

 

LEGAL FORM               Private limited company

Date of foundation:       05.06.1986

Shareholders'

agreement:                    05.06.1986

Registered on:              10.06.1986

Commercial Register:    Local court 45130 Essen

under:                                       HRB 6823

 

 

Share capital                         

 

EUR                             8,000,000.00

 

Shareholder:

                     ThyssenKrupp Materials International GmbH

                     ThyssenKrupp Allee 1

                     D 45143 Essen

                     Legal form: Private limited company

                     Share capital:     EUR        283,383,000.00

                     Share:             EUR          8,000,000.00

                     Registered on: 12.01.2011

                     Reg. data: 45130 Essen, HRB 22760

                     Control and profit transfer agreement

Manager:

                     Deiter Ullsperger

                     D 53804 Much

                     Profession: Businessman

Manager:

                     Jörg Glebe

                     D 44866 Bochum

                     born: 29.01.1967

                     Profession: Fully qualified financial expert

Manager:

                     Kai-Norman Knötsch

                     Milanstr. 37

                     D 40882 Ratingen

                     born: 27.04.1965

                     Marital status: married

Proxy:

                     Joachim Rößel

                     Detmolder Str. 122c

                     D 33604 Bielefeld

Proxy:

                     Jörg Ludwig

                     Albert-Schweitzer-Str. 5

                     D 45279 Essen

                     authorized to jointly represent the company

                     born: 06.12.1963

                     Marital status: single

Proxy:

                     Christine Andreoli

                     Selbhornstr. 3

                     D 81825 München

                     authorized to jointly represent the company

                     born: 22.03.1955

                     née: Lucas

                     Profession: Businessman

                     Marital status: married

Proxy:

                     Horst Heinrich

                     Marellenkämpe 73

                     D 46514 Schermbeck

                     authorized to jointly represent the company

                     born: 11.07.1952

                     Profession: Clerk

                     Marital status: married

Proxy:

                     Hans Dieter Wischnewski

                     D 45886 Gelsenkirchen

                     authorized to jointly represent the company

                     born: 04.11.1959

Proxy:

                     Frank Johannes Holz

                     D 52477 Alsdorf

                     authorized to jointly represent the company

                     born: 29.10.1965

                     Profession: Employee in data processing

                     Marital status: married

Proxy:

                     Jochen Prange

                     Neckarstr. 16

                     D 45219 Essen

                     authorized to jointly represent the company

                     born: 27.06.1957

Proxy:

                     Martin Grieskamp

                     Hofackerstr. 8

                     D 45259 Essen

                     authorized to jointly represent the company

                     born: 14.11.1963

Proxy:

                     Ellen Steger

                     Weseler Str. 87

                     D 47169 Duisburg

                     authorized to jointly represent the company

                     born: 05.11.1976

Proxy:

                     Matthias Marschall

                     D 59399 Olfen

                     authorized to jointly represent the company

                     born: 09.03.1967

Proxy:

                     Reimar Möhnle

                     D 82049 Pullach

                     authorized to jointly represent the company

                     born: 18.12.1949

Proxy:

                     Klaus Diedrigkeit

                     D 40210 Düsseldorf

                     authorized to jointly represent the company

                     born: 19.11.1954

Proxy:

                     Dipl.-Ök. Martin Polczyk

                     D 42103 Wuppertal

                     authorized to jointly represent the company

                     born: 15.10.1978

Proxy:

                     Dipl.-Ing. Stephan Hanel

                     D 85521 Ottobrunn

                     authorized to jointly represent the company

                     born: 27.03.1963

Proxy:

                     Claus Adam

                     D 45127 Essen

                     authorized to jointly represent the company

                     born: 10.11.1953

Proxy:

                     Dr. Annette Büttner

                     D 45127 Essen

                     authorized to jointly represent the company

                     born: 23.06.1978

Proxy:

                     Sascha Ewert

                     D 45127 Essen

                     authorized to jointly represent the company

                     born: 29.03.1975

Proxy:

                     Michael Feldhaus

                     D 45143 Essen

                     authorized to jointly represent the company

                     born: 13.10.1974

Proxy:

                     Sascha Schnell

                     D 46236 Bottrop

                     authorized to jointly represent the company

                     born: 22.12.1980

Proxy:

                     Patrick Andre Sadlowski

                     D 40472 Ratingen

                     authorized to jointly represent the company

                     born: 13.06.1975

 

Further functions/participations of Kai-Norman Knötsch (Manager)

Manager:

                     ThyssenKrupp AT.PRO tec GmbH

                     ThyssenKrupp Allee 1

                     D 45143 Essen

                     Legal form: Private limited company

                     Share capital:     EUR             42,000.00

                     Registered

                     on:         20.12.2006

                     Reg. data:  45130 Essen, HRB 19617

 

 

COMPANY HISTORY

 

05.06.1986 - 13.07.1986  Krupp Brennstoffhandel Gesellschaft mit

                         beschränkter Haftung

                         Altendorfer Str. 104

                         D 45143 Essen

                         Private limited company

14.07.1986 - 01.06.1998  Krupp Energiehandel GmbH

                         Altendorfer Str. 104

                         D 45143 Essen

                         Private limited company

02.06.1998 - 03.07.1998  Krupp Energiehandel GmbH

                         Theodor-Althoff-Str. 1

                         D 45133 Essen

                         Private limited company

04.07.1998 - 06.09.2002  Krupp Energiehandel Gesellschaft mit

                         beschränkter Haftung

                         Theodor-Althoff-Str. 1

                         D 45133 Essen

                         Private limited company

06.09.2002 - 31.03.2003  ThyssenKrupp Energiehandel GmbH

                         Altendorfer Str. 104

                         D 45143 Essen

                         Private limited company

31.03.2003 - 2007        ThyssenKrupp Min Energy GmbH

                         Altendorfer Str. 104

                         D 45143 Essen

                         Private limited company

2008 - 09.2010           ThyssenKrupp Min Energy GmbH

                         Altendorfer Str. 120

                         D 45143 Essen

                         Private limited company

10.2010 - 24.06.2011     ThyssenKrupp Min Energy GmbH

                         ThyssenKrupp Allee 1

                         D 45143 Essen

                         Private limited company

24.06.2011 - 14.05.2012  ThyssenKrupp Metallurgical Products GmbH

                         ThyssenKrupp Allee 1

                         D 45143 Essen

                         Private limited company

14.05.2012 - 26.06.2014  ThyssenKrupp Metallurgical Products GmbH

                         Hollestr. 7a

                         D 45127 Essen

                         Private limited company

 

 

BUSINESS ACTIVITIES

 

Main industrial sector

192     Manufacture of refined petroleum products

4671    Wholesale of solid, liquid and gaseous fuels and related products

46902   Non-specialized wholesale of raw materials and half-finished and finished goods

 

Secondary industrial sector

5210    Warehousing

 

 

BRANCHES AND FACTORIES

 

Works:

                     ThyssenKrupp Metallurgical Products GmbH

                     Fischertwiete 1  Chilehaus C

                     D 20095 Hamburg

                     TEL.: 040/30802164

Works:

                     ThyssenKrupp Metallurgical Products GmbH

                     Westerstr. 10-12

                     D 28199 Bremen

                     TEL.: 0421/59505-0

                     FAX.: 0421/59505-80

Works:

                     ThyssenKrupp Metallurgical Products GmbH

                     Stiftstr. 30

                     D 60313 Frankfurt

                     TEL.: 069/2990050

Works:

                     ThyssenKrupp Metallurgical Products GmbH

                     D 10318 Berlin

Works:

                     ThyssenKrupp Metallurgical Products GmbH

                     Nordbeckenstr. 3a

                     D 76189 Karlsruhe

                     TEL.: 0721/552171

                     FAX.: 0721/554234

Works:

                     ThyssenKrupp Metallurgical Products GmbH

                     D 79576 Weil am Rhein

Works:

                     ThyssenKrupp Metallurgical Products GmbH

                     D 44135 Dortmund

Works:

                     ThyssenKrupp Metallurgical Products GmbH

                     D 50667 Köln

Works:

                     ThyssenKrupp Metallurgical Products GmbH

                     D 56068 Koblenz

Works:

                     ThyssenKrupp Metallurgical Products GmbH

                     D 30159 Hannover

Works:

                     ThyssenKrupp Metallurgical Products GmbH

                     D 33602 Bielefeld

Works:

                     ThyssenKrupp Metallurgical Products GmbH

                     D 59494 Soest

Branch:

                     ThyssenKrupp Metallurgical Products GmbH

                     Fürstenrieder Str. 267

                     D 81377 München

                     TEL.: 089/1730150

                     FAX.: 089/1784245

                     Reg. entry: 16.08.2010

 

 

PARTICIPATIONS

 

Shareholder:

                     Blumenfeld Brennstoffe GmbH Chilehaus B III

                     Ladestr.

                     D 57520 Steinebach

                     Legal form: Private limited company

                     Company Status: active

                     Share capital:     EUR             76,693.78

                     Share:             EUR             39,113.83

                     Reg. data:  11.08.1950

                                 Local court 20355 Hamburg

                                 HRB 5875

Shareholder:

                     ThyssenKrupp AT.PRO tec GmbH

                     ThyssenKrupp Allee 1

                     D 45143 Essen

                     Legal form: Private limited company

                     Company Status: active

                     Share capital:     EUR             42,000.00

                     Share:             EUR             25,700.00

                     Reg. data:  20.12.2006

                                 Local court 45130 Essen

                                 HRB 19617

Shareholder:

                     ThyssenKrupp Coferal GmbH

                     Altendorfer Str. 120

                     D 45143 Essen

                     Legal form: Private limited company

                     Company Status: dissolved

                     since:          18.06.2010

                     Share capital:     EUR             25,000.00

                     Share:             EUR             25,000.00

                     Reg. data:  19.10.2005

                                 Local court 45130 Essen

                                 HRB 18796

Shareholder:

                     RA Rohstoffallianz GmbH

                     Charlottenstr. 68

                     D 10117 Berlin

                     Legal form: Private limited company

                     Company Status: active

                     Share capital:     EUR             57,000.00

                     Share:             EUR              6,000.00

                     Reg. data:  18.04.2012

                                 Local court 14057 Berlin

                                 HRB 141341 B

Silent partner:

                     Huck Brennstoffe GmbH

                     Prinz-Wilhelm-Str. 21

                     D 76646 Bruchsal

                     Legal form: Private limited company

                     Company Status: active

                     Share capital:     EUR             51,129.19

                     Reg. data:  19.03.1981

                                 Local court 68159 Mannheim

                                 HRB 230624

 

 

FINANCIAL INFORMATION

 

Payment experience:  taking full advantage of periods as agreed upon

 

Negative information:We have no negative information at hand.

 

 

REAL ESTATE

 

Type of ownership:        Tenant

Address                        ThyssenKrupp Allee 1

                                    D 45143 Essen

 

Land register documents were not available.

 

 

BANKERS

 

DEUTSCHE BANK, 45116 ESSEN, RUHR

Sort. code: 36070050

BIC: DEUTDEDEXXX

COMMERZBANK VORMALS DRESDNER BANK, 45008 ESSEN, RUHR

Sort. code: 36080080

BIC: DRESDEFF360

HSBC TRINKAUS & BURKHARDT, 40002 DÜSSELDORF

Sort. code: 30030880

BIC: TUBDDEDDXXX

 

 

FINANCIAL FIGURES

 

Financial year:                           01.10. - 30.09.

Share capital:                          EUR          8,000,000.00

The number of employees is not known.

 

Control and profit transfer agreement to:

                        ThyssenKrupp Materials International GmbH

                        ThyssenKrupp Allee 1

                        D 45143 Essen

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.62.28

UK Pound

1

Rs.96.21

Euro

1

Rs.70.60

 

INFORMATION DETAILS

 

Analysis Done by :

DIV

 

 

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%)

 

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.