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Report Date : |
03.01.2015 |
IDENTIFICATION DETAILS
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Name : |
IPLAS INNOVATIVE PLASMA SYSTEMS GMBH |
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Registered Office : |
Langbaurghstr. 10, D 53842 Troisdorf |
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Country : |
Germany |
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Financials (as on) : |
31.12.2012 |
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Date of Incorporation : |
06.06.1997 |
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Legal Form : |
Private limited company |
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Line of Business : |
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No. of Employee : |
9 |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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Payment Behaviour : |
Slow But Correct |
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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 – September 30, 2014
|
Country Name |
Previous Rating (30.06.2014) |
Current Rating (30.09.2014) |
|
Germany |
A1 |
A1 |
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Risk Category |
ECGC
Classification |
|
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 |
|
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 |
IPLAS Innovative Plasma Systems GmbH
Langbaurghstr. 10
D 53842 Troisdorf
Telephone:02241/93268-0
Telefax: 02241/93268-15
Homepage: www.cyrannus.com
E-mail: info@cyrannus.com
Active
DE188458986
LEGAL FORM Private limited company
Date of foundation: 06.06.1997
Shareholders'
agreement: 06.06.1997
Registered on: 26.02.2000
Commercial Register: Local court 53721 Siegburg
under: HRB 5062
Share capital: EUR 100,000.00
Shareholder:
Dr. Hildegard Sung-Spitzl
Langbaurghstr. 10
D 53842 Troisdorf
born: 07.01.1964
Share: EUR 50,000.00
Shareholder:
Dr.rer.nat. Ralf Christof Spitzl
Langbaurghstr. 10
D 53842 Troisdorf
born: 04.06.1963
Share: EUR 50,000.00
Manager:
Dr. Hildegard Sung-Spitzl
Langbaurghstr. 10
D 53842 Troisdorf
having sole power of representation
born: 07.01.1964
Profession: Business consultant
Marital status: married
Manager:
Dr.rer.nat. Ralf Christof Spitzl
Langbaurghstr. 10
D 53842 Troisdorf
having sole power of representation
born: 04.06.1963
Profession: Physicist
Marital status: married
Further functions/participations
of Dr. Hildegard Sung-Spitzl (Manager)
Limited partner:
S & S Immobilienbesitz Ltd. & Co KG
Langbaurghstr. 10
D 53842 Troisdorf
Legal form: Ltd partnership with priv. ltd.
company as general partner
Total cap. EUR 1,000.00
contribution:
Share: EUR 500.00
Registered
on: 29.05.2006
Reg. data: 53721 Siegburg, HRA 4656
Shareholder:
SBI plasma equipment GmbH
Langbaurghstr. 10
D 53842 Troisdorf
Legal form: Private limited company in
liquidation
Share capital: EUR 25,000.00
Share: EUR 6,250.00
Registered
on: 03.08.2006
Reg. data: 53721 Siegburg, HRB 9459
Manager:
S & S Immobilienbesitz Limited
Niederscheuren 27a
D 53639 Königswinter
Legal form: Branch of a private limited
company under foreign law
Share capital: GBP 100.00
Registered
on: 02.08.2006
Reg. data: 53721 Siegburg, HRB 9456
Liquidator:
SBI plasma equipment GmbH
Langbaurghstr. 10
D 53842 Troisdorf
Legal form: Private limited company in
liquidation
Share capital: EUR 25,000.00
Registered
on: 03.08.2006
Reg. data: 53721 Siegburg, HRB 9459
Further
functions/participations of Dr.rer.nat. Ralf Christof Spitzl (Manager)
Limited partner:
S & S Immobilienbesitz Ltd. & Co KG
Langbaurghstr. 10
D 53842 Troisdorf
Legal form: Ltd partnership with priv. ltd.
company as general partner
Total cap. EUR 1,000.00
contribution:
Share: EUR 500.00
Registered
on: 29.05.2006
Reg. data: 53721 Siegburg, HRA 4656
Shareholder:
SBI plasma equipment GmbH
Langbaurghstr. 10
D 53842 Troisdorf
Legal form: Private limited company in
liquidation
Share capital: EUR 25,000.00
Share: EUR 6,250.00
Registered
on: 03.08.2006
Reg. data: 53721 Siegburg, HRB 9459
Manager:
S & S Immobilienbesitz Limited
Niederscheuren 27a
D 53639 Königswinter
Legal form: Branch of a private limited
company under foreign law
Share capital: GBP 100.00
Registered
on: 02.08.2006
Reg. data: 53721 Siegburg, HRB 9456
06.06.1997 - 26.02.2000 IPLAS Innovative Plasma Systems GmbH
Linder Höhe
D 51147 Köln
Private limited company
Main industrial sector
3250 Manufacture of medical and dental instruments and supplies
7120 Technical testing and analysis
Payment experience: within agreed terms
Negative information: We have no negative information at hand.
Balance sheet year: 2012
Type of ownership: Tenant
Address Langbaurghstr. 10
D 53842 Troisdorf
Real Estate of: Dr. Hildegard Sung-Spitzl
Type of ownership: Tenant
Address Langbaurghstr. 10
D 53842 Troisdorf
Real Estate of: Dr.rer.nat. Ralf Christof Spitzl
Type of ownership: Tenant
Address Langbaurghstr. 10
D 53842 Troisdorf
Land register documents were not available.
SPARKASSE KÖLNBONN, 50667 KÖLN
Sort. code: 37050198
BIC: COLSDE33XXX
Turnover: 2013 *EUR 1,057,500.00
Equipment: EUR 16,496.00
Ac/ts
receivable:
EUR 1,047,649.00
Liabilities: EUR 2,499,822.00
Employees: 9
The business figures marked with an asterisk are estimates based on average values in the line of business.
Balance sheet ratios 01.01.2012 - 31.12.2012
Equity ratio [%]: -33.14
Liquidity ratio: 0.23
Return on total capital [%]: 1.75
Balance sheet ratios 01.01.2011 - 31.12.2011
Equity ratio [%]: -44.81
Liquidity ratio: 0.28
Return on total capital [%]: -4.22
Balance sheet ratios 01.01.2010 - 31.12.2010
Equity ratio [%]: -107.00
Liquidity ratio: 0.27
Return on total capital [%]: 141.59
Balance sheet ratios 01.01.2009 - 31.12.2009
Equity ratio [%]: -62.04
Liquidity ratio: 0.04
Return on total capital [%]: -12.72
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.
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.
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 2,686,965.52
Fixed assets EUR 401,919.86
Intangible assets EUR 385,423.85
Tangible assets EUR 16,496.01
Current assets EUR 2,278,036.00
Stocks EUR 1,023,166.94
Accounts receivable EUR 1,047,648.68
Liquid means EUR 207,220.38
Remaining other assets EUR 7,009.66
Accruals (assets) EUR 7,009.66
LIABILITIES EUR 2,686,965.52
Shareholders' equity EUR 58,890.70
Capital EUR 100,000.00
Subscribed capital (share capital) EUR 100,000.00
Reserves EUR 51,129.18
Capital reserves EUR 51,129.18
Balance sheet profit/loss (+/-) EUR -92,238.48
Profit / loss brought forward EUR -126,873.44
Annual surplus / annual deficit EUR 34,634.96
Provisions EUR 128,252.81
Liabilities EUR 2,499,822.01
Type of balance
sheet: Company balance sheet
Financial year: 01.01.2011
- 31.12.2011
ASSETS EUR 1,498,203.45
Fixed assets EUR 419,151.74
Intangible assets EUR 385,423.85
Concessions, licences, rights EUR 385,423.85
Tangible assets EUR 33,727.89
Land / similar rights EUR 669.00
Plant / machinery EUR 19,392.04
Other tangible assets / fixtures and
fittings EUR 13,666.85
Current assets EUR 1,078,827.63
Stocks EUR 25,118.75
Raw
materials, consumables and
supplies EUR 3,618.75
Finished goods / work in progress EUR 21,500.00
Accounts receivable EUR 825,419.45
thereof total due from shareholders EUR
487,985.78
Trade debtors EUR 220,336.00
Amounts due from related companies EUR 32,448.00
Other debtors and assets EUR 572,635.45
Liquid means
EUR 228,289.43
Remaining other assets EUR 224.08
Accruals (assets) EUR 224.08
LIABILITIES EUR 1,498,203.45
Shareholders' equity EUR 24,255.75
Capital EUR 100,000.00
Subscribed capital (share capital) EUR 100,000.00
Reserves EUR 51,129.19
Capital reserves EUR 51,129.19
Balance sheet profit/loss (+/-) EUR -126,873.44
Profit / loss brought forward EUR -84,284.82
Annual surplus / annual deficit EUR -42,588.62
Provisions EUR 28,836.81
Provisions for taxes EUR 7,700.71
Other / unspecified provisions EUR 21,136.10
Liabilities EUR 1,445,110.89
thereof total due to shareholders EUR 11,031.25
Other liabilities EUR 1,445,110.89
Trade creditors (for IAS incl. bills
of exchange) EUR 653,354.67
Liabilities from received advance
payments EUR 467,812.50
Unspecified other liabilities EUR 323,943.72
thereof liabilities from tax /
financial authorities EUR 6,123.44
thereof liabilities from social
security EUR 40.00
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.63.28 |
|
|
1 |
Rs.98.38 |
|
Euro |
1 |
Rs.76.30 |
INFORMATION DETAILS
|
Analysis Done by
: |
KRN |
|
|
|
|
Report Prepared
by : |
DPT |
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.