|
Report No. : |
302158 |
|
Report Date : |
14.01.2015 |
IDENTIFICATION DETAILS
|
Name : |
GOTTLOB
STAHL WÄSCHEREIMASCHINENBAU GMBH |
|
|
|
|
Registered Office : |
Ulmenstr.
24 D 71069 Sindelfingen |
|
|
|
|
Country : |
Germany |
|
|
|
|
Financials (as on) : |
31.12.2012 |
|
|
|
|
Date of Incorporation : |
25.01.2002 |
|
|
|
|
Legal Form : |
Private limited company |
|
|
|
|
Line of Business : |
Manufacture
of machinery for textile, apparel and leather production |
|
|
|
|
No. of Employees : |
43 |
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 – September 30, 2014
|
Country Name |
Previous Rating (30.06.2014) |
Current Rating (30.09.2014) |
|
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 |
GOTTLOB STAHL WÄSCHEREIMASCHINENBAU
GMBH
Company Status: active
Ulmenstr. 24
D 71069 Sindelfingen
Telephone:07031/73840
Telefax: 07031/381844
Homepage:
www.stahl-waeschereimaschinen.de
E-mail: welcome@stahl-g.com
VAT no.: DE221373879
Business relations are permissible.
LEGAL FORM Private
limited company
Date of foundation: 25.01.2002
Shareholders'
agreement: 25.01.2002
Registered on: 21.02.2002
Commercial Register: Local court 70190 Stuttgart
under: HRB
245346
Share capital: EUR 120,000.00
Shareholder:
Gottlob Stahl
Ulmenstr. 24
D 71069 Sindelfingen
born: 07.03.1940
Share: EUR 60,000.00
Shareholder:
Thomas Stahl
Landhausstr. 13
D 71120 Grafenau
born: 27.10.1963
Share: EUR 15,000.00
Shareholder:
Uwe Stahl
Hermelinweg 3 d0
D 71063 Sindelfingen
born: 12.08.1965
Share: EUR 15,000.00
Shareholder:
Werner Stahl
Ulmenstr. 24
D 71069 Sindelfingen
born: 13.12.1967
Share: EUR 15,000.00
Shareholder:
Jochen Stahl
Ulmenstr. 24
D 71069 Sindelfingen
born: 24.10.1976
Share: EUR 15,000.00
Manager:
Gottlob Stahl
Ulmenstr. 24
D 71069 Sindelfingen
born: 07.03.1940
Profession: Master motor
mechanic
Marital status: married
Manager:
Thomas Stahl
Landhausstr. 13
D 71120 Grafenau
born: 27.10.1963
Profession: Businessman
Manager:
Uwe Stahl
Hermelinweg 3 d0
D 71063 Sindelfingen
born: 12.08.1965
Manager:
Werner Stahl
Ulmenstr. 24
D 71069 Sindelfingen
born: 13.12.1967
Profession: Businessman
Manager:
Jochen Stahl
Ulmenstr. 24
D 71069 Sindelfingen
born: 24.10.1976
Profession: Businessman
Further functions/participations of Gottlob
Stahl (Manager)
Limited partner:
Stahl Vermögensverwaltung
GmbH & Co. KG
Ulmenstr. 24
D 71069 Sindelfingen
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Total cap. EUR 100,000.00
contribution:
Share: EUR 50,000.00
Registered
on: 01.07.1981
Reg. data: 70190 Stuttgart, HRA 241686
Shareholder:
Stahl Vermögensverwaltung
Beteiligungs-GmbH
Ulmenstr. 24
D 71069 Sindelfingen
Legal form: Private
limited company
Share capital: EUR 30,000.00
Share: EUR 15,000.00
Registered
on: 24.11.1980
Reg. data: 70190 Stuttgart, HRB 241478
Further functions/participations of Thomas
Stahl (Manager)
Limited partner:
Stahl Vermögensverwaltung GmbH &
Co. KG
Ulmenstr. 24
D 71069 Sindelfingen
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Total cap. EUR 100,000.00
contribution:
Share: EUR 12,500.00
Registered
on: 01.07.1981
Reg. data: 70190 Stuttgart, HRA 241686
Shareholder:
Stahl Vermögensverwaltung
Beteiligungs-GmbH
Ulmenstr. 24
D 71069 Sindelfingen
Legal form: Private limited
company
Share capital: EUR 30,000.00
Share: EUR 3,750.00
Registered
on: 24.11.1980
Reg. data: 70190 Stuttgart, HRB 241478
Manager:
Stahl Vermögensverwaltung
Beteiligungs-GmbH
Ulmenstr. 24
D 71069 Sindelfingen
Legal form: Private
limited company
Share capital: EUR 30,000.00
Registered
on: 24.11.1980
Reg. data: 70190 Stuttgart, HRB 241478
Further functions/participations of Uwe Stahl
(Manager)
Limited partner:
Stahl Vermögensverwaltung
GmbH & Co. KG
Ulmenstr. 24
D 71069 Sindelfingen
Legal form: Ltd
partnership with priv. ltd.
company as general partner
Total cap. EUR 100,000.00
contribution:
Share: EUR 12,500.00
Registered
on: 01.07.1981
Reg. data: 70190 Stuttgart, HRA 241686
Shareholder:
Stahl Vermögensverwaltung
Beteiligungs-GmbH
Ulmenstr. 24
D 71069 Sindelfingen
Legal form: Private limited company
Share capital: EUR 30,000.00
Share: EUR 3,750.00
Registered
on: 24.11.1980
Reg. data: 70190 Stuttgart, HRB 241478
Manager:
Stahl Vermögensverwaltung
Beteiligungs-GmbH
Ulmenstr. 24
D 71069 Sindelfingen
Legal form: Private limited
company
Share capital: EUR 30,000.00
Registered
on: 24.11.1980
Reg. data: 70190 Stuttgart, HRB 241478
Further functions/participations of Werner
Stahl (Manager)
Limited partner:
Stahl Vermögensverwaltung
GmbH & Co. KG
Ulmenstr. 24
D 71069 Sindelfingen
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Total cap. EUR 100,000.00
contribution:
Share: EUR 12,500.00
Registered
on: 01.07.1981
Reg. data: 70190 Stuttgart, HRA 241686
Shareholder:
Stahl Vermögensverwaltung
Beteiligungs-GmbH
Ulmenstr. 24
D 71069 Sindelfingen
Legal form: Private
limited company
Share capital: EUR 30,000.00
Share: EUR 3,750.00
Registered
on:
24.11.1980
Reg. data: 70190 Stuttgart, HRB 241478
Manager:
Stahl Vermögensverwaltung
Beteiligungs-GmbH
Ulmenstr. 24
D 71069 Sindelfingen
Legal form: Private limited company
Share capital: EUR 30,000.00
Registered
on: 24.11.1980
Reg. data: 70190 Stuttgart, HRB 241478
Further functions/participations of Jochen
Stahl (Manager)
Limited partner:
Stahl Vermögensverwaltung
GmbH & Co. KG
Ulmenstr. 24
D 71069 Sindelfingen
Legal form: Ltd partnership
with priv. ltd.
company as
general partner
Total cap. EUR 100,000.00
contribution:
Share: EUR 12,500.00
Registered
on: 01.07.1981
Reg. data: 70190 Stuttgart, HRA 241686
Shareholder:
Stahl Vermögensverwaltung
Beteiligungs-GmbH
Ulmenstr. 24
D 71069 Sindelfingen
Legal form: Private
limited company
Share capital: EUR 30,000.00
Share: EUR 3,750.00
Registered
on: 24.11.1980
Reg. data: 70190 Stuttgart, HRB 241478
Manager:
Stahl Vermögensverwaltung
Beteiligungs-GmbH
Ulmenstr. 24
D 71069 Sindelfingen
Legal form: Private
limited company
Share capital: EUR 30,000.00
Registered
on: 24.11.1980
Reg. data: 70190 Stuttgart, HRB 241478
Main industrial sector
28940
Manufacture of machinery for textile, apparel and leather production
Payment experience: within agreed terms
Negative information:We have no negative
information at hand.
BALANCE SHEET YEAR: 2012
Type of ownership: Tenant
Address Ulmenstr.
24
D 71069 Sindelfingen
Real Estate of: Gottlob
Stahl
Type of ownership: proprietor
Share: 100.00 %
Address Ulmenstr.
24
D 71069 Sindelfingen
Land register documents were not available.
Principal bank
KREISSPARKASSE BÖBLINGEN, 71043 SINDELFINGEN
Sort. code: 60350130
BIC: BBKRDE6BXXX
Further banks
COMMERZBANK VORMALS DRESDNER BANK, 71043
SINDELFINGEN
Sort. code: 60380002
BIC: DRESDEFF601
VEREINIGTE VOLKSBANK, 71045 SINDELFINGEN
Sort. code: 60390000
BIC: GENODES1BBV
Turnover: 2014 *EUR 4,945,000.00
Ac/ts receivable: EUR 1,967,510.00
Liabilities: EUR 1,153,391.00
Employees: 43
- thereof permanent
staff:
43
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 [%]: 61.74
Liquidity ratio: 10.00
Return on total capital
[%]: 5.34
Balance sheet ratios
01.01.2011 - 31.12.2011
Equity ratio [%]: 58.24
Liquidity ratio: 10.00
Return on total capital
[%]: 7.12
Balance sheet ratios
01.01.2010 - 31.12.2010
Equity ratio [%]: 54.88
Liquidity ratio: 10.00
Return on total capital
[%]: 7.30
Balance sheet ratios
01.01.2009 - 31.12.2009
Equity ratio [%]: 50.55
Liquidity ratio: 10.00
Return on total capital
[%]: 8.88
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 5,872,407.64
Fixed assets EUR 990,236.00
Intangible assets EUR 141,916.00
Tangible assets EUR 848,320.00
Current assets EUR 4,824,907.40
Stocks EUR 1,411,444.00
Accounts receivable EUR 1,967,510.49
Liquid means EUR 1,445,952.91
Remaining other
assets EUR 57,264.24
Accruals (assets) EUR 57,264.24
LIABILITIES EUR 5,872,407.64
Shareholders' equity EUR 3,652,655.70
Capital EUR 120,000.00
Subscribed capital
(share capital) EUR 120,000.00
Balance sheet profit/loss
(+/-) EUR 3,532,655.70
Balance sheet profit /
loss EUR 3,532,655.70
Provisions EUR 1,066,361.00
Liabilities EUR 1,153,390.94
TYPE OF BALANCE SHEET: COMPANY BALANCE SHEET
FINANCIAL YEAR: 01.01.2011
- 31.12.2011
ASSETS EUR
5,646,232.19
Fixed assets EUR 1,110,320.00
Intangible assets EUR 142,913.00
Other / unspecified
intangible assetsEUR
142,913.00
Tangible assets EUR 967,407.00
Other / unspecified
tangible assets EUR 967,407.00
Current assets EUR 4,528,011.98
Stocks EUR 922,911.00
Accounts receivable EUR 1,861,447.94
Other debtors and
assets EUR 1,861,447.94
Liquid means EUR 1,743,653.04
Remaining other
assets EUR 7,900.21
Accruals (assets) EUR 7,900.21
LIABILITIES EUR 5,646,232.19
Shareholders' equity EUR 3,318,261.98
Capital EUR 120,000.00
Subscribed capital
(share capital) EUR 120,000.00
Balance sheet profit/loss
(+/-) EUR 3,198,261.98
Balance sheet profit /
loss EUR 3,198,261.98
Provisions EUR 1,055,409.00
Liabilities EUR 1,272,561.21
Other liabilities EUR 1,272,561.21
Unspecified other
liabilities EUR 1,272,561.21
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.10 |
|
|
1 |
Rs.94.10 |
|
Euro |
1 |
Rs.73.42 |
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
|
|
|
|
Report Prepared
by : |
NIS |
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.