MIRA INFORM REPORT

 

 

Report No. :

306010

Report Date :

31.01.2015

 

IDENTIFICATION DETAILS

 

Name :

CERAMTEC GMBH

 

 

Registered Office :

CeramTec-Platz 1-9 D 73207 Plochingen

 

 

Country :

Germany

 

 

Date of Incorporation :

03.06.1946

 

 

Com. Reg. No.:

HRB 734826

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Manufacture of Other Ceramic Technical Products.

 

 

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 – 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


Company Name and address

 

CERAMTEC GMBH

 

Company Status:      Active

                     CeramTec-Platz 1-9

                     D 73207 Plochingen

                     Telephone:07153/611-0

                     Telefax:  07153/25421

                     Homepage: www.ceramtec.com

                     E-mail:   info@ceramtec.de

 

 

VAT no.

 

DE814031115

 

 

Company Summary

 

LEGAL FORM               Private limited company

Date of foundation:       03.06.1946

Shareholders'

agreement:                    16.08.2010

Registered on:              02.09.2010

Commercial Register:    Local court 70190 Stuttgart

under:                           HRB 734826

 

 

Share capital

 

EUR                             30,000,000.00

 

Shareholder:

                     CeramTec Service GmbH

                     CeramTec-Platz 1-9

                     D 73207 Plochingen

                     Legal form: Private limited company

                     Share capital:     EUR             25,000.00

                     Share:             EUR         30,000,000.00

                     Registered on: 25.10.2013

                     Reg. data: 70190 Stuttgart, HRB 746657

                     Control and profit transfer agreement

Manager:

                     Dr. Ulf-Dieter Zimmermann

                     D 70173 Stuttgart

                     authorized to jointly represent the company

                     born: 19.09.1949

                     Profession: graduate engineer

Manager:

                     Sigurd Adler

                     D 71563 Affalterbach

                     authorized to jointly represent the company

                     born: 28.02.1959

Manager:

                     Dominique Janbon

                     S  Bjärred

                     born: 12.02.1966

                     Nationality: Swedish

President of the Supervisory Board:

                     Dr. Günter von Au

                     D 80331 München

                     Marital status: unknown

Vice-president of the Supervisory Board:

                     Roland Nosko

                     Lindenstr. 50

                     D 85283 Wolnzach

Member of the Supervisory Board:

                     Prof. Dr. Jürgen Albert Huber

                     Friedrichstr. 6a

                     D 95100 Selb

                     born: 22.04.1944

                     Profession: graduate engineer

Member of the Supervisory Board:

                     Pontus Pettersson

                     GB  London

                     born: 28.03.1978

                     Nationality: British

Member of the Supervisory Board:

                     Guy Davison

                     GB  East Sussex

                     Nationality: British

Member of the Supervisory Board:

                     Immo Rupf

                     GB  London

                     Nationality: British

Member of the Supervisory Board:

                     Thilo Sautter

                     GB  Burnham

                     Nationality: British

Member of the Supervisory Board:

                     Josef Wan

                     RC  Hong Kong

                     Nationality: Chinese

Representative of the Employees within the Supervisory Board:

                     Jürgen Haas

                     Am Weigenbach 10

                     D 91249 Weigendorf

Representative of the Employees within the Supervisory Board:

                     Klaus Wespatat

                     Pfarrweiherstr. 4

                     D 95615 Marktredwitz

Representative of the Employees within the Supervisory Board:

                     Jürgen Klemenz

                     Hornbergstr. 44

                     D 73035 Göppingen

Representative of the Employees within the Supervisory Board:

                     Astrid Meier

                     D 80331 München

Representative of the Employees within the Supervisory Board:

                     Matthias Eschle

                     D 72827 Wannweil

                     Marital status: unknown

Proxy:

                     Dominik Riedhammer

                     Obere Vorstadt 15

                     D 91275 Auerbach

                     authorized to jointly represent the company

                     born: 03.12.1974

                     Marital status: single

Proxy:

                     Andreas Brieger

                     D 70173 Stuttgart

                     authorized to jointly represent the company

                     born: 29.06.1961

Proxy:

                     Dr. Fabian Preuß

                     D 73230 Kirchheim

                     authorized to jointly represent the company

                     born: 08.01.1969

 

Further functions/participations of Dr. Ulf-Dieter Zimmermann

(Manager)

Manager:

                     CeramTec Service GmbH

                     CeramTec-Platz 1-9

                     D 73207 Plochingen

                     Legal form: Private limited company

                     Share capital:     EUR             25,000.00

                     Registered

                     on:         25.10.2013

                     Reg. data:  70190 Stuttgart, HRB 746657

Manager:

                     CeramTec Group GmbH

                     CeramTec-Platz 1-9

                     D 73207 Plochingen

                     Legal form: Private limited company

                     Share capital:     EUR             25,000.00

                     Registered

                     on:         25.10.2013

                     Reg. data:  70190 Stuttgart, HRB 746659

Manager:

                     CeramTec Holding GmbH

                     CeramTec-Platz 1-9

                     D 73207 Plochingen

                     Legal form: Private limited company

                     Share capital:     EUR             25,000.00

                     Registered

                     on:         23.10.2013

                     Reg. data:  70190 Stuttgart, HRB 746625

 

Further functions/participations of Sigurd Adler (Manager)

Manager:

                     CeramTec Group GmbH

                     CeramTec-Platz 1-9

                     D 73207 Plochingen

                     Legal form: Private limited company

                     Share capital:     EUR             25,000.00

                     Registered

                     on:         25.10.2013

                     Reg. data:  70190 Stuttgart, HRB 746659

Manager:

                     CeramTec Service GmbH

                     CeramTec-Platz 1-9

                     D 73207 Plochingen

                     Legal form: Private limited company

                     Share capital:     EUR             25,000.00

                     Registered

                     on:         25.10.2013

                     Reg. data:  70190 Stuttgart, HRB 746657

Manager:

                     CeramTec Holding GmbH

                     CeramTec-Platz 1-9

                     D 73207 Plochingen

                     Legal form: Private limited company

                     Share capital:     EUR             25,000.00

                     Registered

                     on:         23.10.2013

                     Reg. data:  70190 Stuttgart, HRB 746625

 

Further functions/participations of Dominique Janbon (Manager)

Manager:

                     Cerasiv GmbH Innovatives Keramik-Engeneering

                     Fabrikstr. 23-29

                     D 73207 Plochingen

                     Legal form: Private limited company

                     Share capital:     EUR         10,240,000.00

                     Registered

                     on:         23.06.1992

                     Reg. data:  70190 Stuttgart, HRB 212633

Manager:

                     CeramTec Group GmbH

                     CeramTec-Platz 1-9

                     D 73207 Plochingen

                     Legal form: Private limited company

                     Share capital:     EUR             25,000.00

                     Registered

                     on:         25.10.2013

                     Reg. data:  70190 Stuttgart, HRB 746659

Manager:

                     CeramTec Holding GmbH

                     CeramTec-Platz 1-9

                     D 73207 Plochingen

                     Legal form: Private limited company

                     Share capital:     EUR             25,000.00

                     Registered

                     on:         23.10.2013

                     Reg. data:  70190 Stuttgart, HRB 746625

Manager:

                     CeramTec Service GmbH

                     CeramTec-Platz 1-9

                     D 73207 Plochingen

                     Legal form: Private limited company

                     Share capital:     EUR             25,000.00

                     Registered

                     on:         25.10.2013

                     Reg. data:  70190 Stuttgart, HRB 746657

 

 

COMPANY HISTORY

 

14.08.2003 - 09.05.2004  Deukalion Sechzehnte

                         Vermögensverwaltungs-GmbH

                         Mainzer Landstr. 46

                         D 60325 Frankfurt

                         Private limited company

09.05.2004 - 08.09.2005  Knight Zweite Beteiligungs GmbH

                         Mainzer Landstr. 46

                         D 60325 Frankfurt

                         Private limited company

08.09.2005 - 16.11.2007  Rockwood Specialties Group Ceram Tec

                         GmbH

                         Mainzer Landstr. 46

                         D 60325 Frankfurt

                         Private limited company

16.11.2007 - 21.12.2007  CeramTec AG (bis 21.12.2007)

                         Königsberger Str. 1

                         D 60487 Frankfurt

                         Public limited company

21.12.2007 - 02.09.2010  CeramTec AG (bis 02.09.2010)

                         CeramTec-Platz 1-9

                         D 73207 Plochingen

                         Public limited company

 

 

RESIGNED ACTING PERSONS AND SHAREHOLDERS

 

08.09.2010 - 30.10.2014  Manager

                         Rolf-Michael Müller

                         D 72622 Nürtingen

 

 

BUSINESS ACTIVITIES

 

Main industrial sector

2344    Manufacture of other ceramic technical products

4644    Wholesale of ceramics, glassware and cleaning materials

7490    Other professional, scientific and technical activities n. e. c.

 

 

BRANCHES AND FACTORIES

 

Branch:

                     CeramTec GmbH

                     Luitpoldstr. 15

                     D 91207 Lauf

                     TEL.: 09123/770

                     FAX.: 09123/77515

Branch:

                     CeramTec GmbH

                     CeramTec-Weg 1

                     D 95615 Marktredwitz

                     TEL.: 09231/69-0

                     FAX.: 09231/62409

Branch:

                     CeramTec GmbH

                     Gottlieb-Haefele-Str. 7

                     D 73061 Ebersbach

 

 


PARTICIPATIONS

 

Shareholder:

                     Cerasiv GmbH Innovatives Keramik-Engeneering

                     Fabrikstr. 23-29

                     D 73207 Plochingen

                     Legal form:          Private limited company

                     Company Status:             Active

                     Share capital:       EUR         10,240,000.00

                     Share:                  EUR         10,240,000.00

                     Reg. data:            23.06.1992

                                                Local court 70190 Stuttgart

                                                HRB 212633

Shareholder:

                     CeramTec-Etec GmbH

                     An der Burg Sülz 17

                     D 53797 Lohmar

                     Legal form:          Private limited company

                     Company Status: Active

                     Share capital:       EUR            256,000.00

                     Share:                  EUR            256,000.00

                     Reg. data:            25.06.1982

                                                Local court 53721 Siegburg

                                                HRB 1734

Shareholder:

                     Emil Müller GmbH

                     Dürrnbucher Str. 10

                     D 91452 Wilhermsdorf

                     Legal form:          Private limited company

                     Company Status: Active

                     Share capital:       EUR            200,000.00

                     Share:                  EUR            200,000.00

                     Reg. data:            22.05.1978

                                                Local court 90762 Fürth

                                                HRB 1454

 

 

FINANCIAL INFORMATION

 

Payment experience:  takes advantage of cash discount

 

Negative information: We have no negative information at hand.

 

 

REAL ESTATE

 

Type of ownership:        Proprietor

Share:                           100.00 %

Address                        Ceramtec-Platz 1-9

                                    D 73207 Plochingen

 

Land register documents were not available.

 

 

BANKERS

 

KREISSPARKASSE ESSLINGEN-NÜRTINGEN, 73207 PLOCHINGEN

Sort. code: 61150020

BIC: ESSLDE66XXX

DEUTSCHE BANK, 70049 STUTTGART

Sort. code: 60070070

BIC: DEUTDESSXXX

 

 

FINANCIAL FIGURES

 

Financial year:                                                   01.01. - 31.08.

Share capital:                                                    EUR         30,000,000.00

The number of employees is not known.

 

Control and profit transfer agreement to:

                     CeramTec Service GmbH

                     CeramTec-Platz 1-9

                     D 73207 Plochingen

 

 

 

 

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.61.76

UK Pound

1

Rs.93.13

Euro

1

Rs.70.03

 

INFORMATION DETAILS

 

Analysis Done by :

RAS

 

 

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.