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Report No. : |
329808 |
|
Report Date : |
01.07.2015 |
IDENTIFICATION DETAILS
|
Name : |
MAHLO GMBH & CO. KG |
|
|
|
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Registered Office : |
Donaustr. 12, D 93342 Saal |
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|
|
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Country : |
Germany |
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|
|
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Date of Incorporation : |
1945 |
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|
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Legal Form : |
Limited Partnership With Private Limited Company As General Partner |
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|
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Line of Business : |
·
Manufacture
of instruments and appliances for measuring, testing and navigation · Manufacture of electric motors, generators and transformators |
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|
|
|
No. of Employee : |
240 |
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 |
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|
|
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Payment Behaviour : |
No Complaints |
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|
|
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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 – March 31, 2015
|
Country Name |
Previous Rating (31.12.2014) |
Current Rating (31.03.2015) |
|
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 |
MAHLO GMBH & CO. KG
Donaustr. 12
D 93342 Saal
Telephone:09441/6010
Telefax:
09441/601102
Homepage: www.mahlo.com
E-mail:
info@mahlo.com
Active
DE128724946
126/168/00300
Business relations are permissible.
LEGAL FORM Ltd
partnership with priv. ltd. company as general partner
Date of foundation: 1945
Registered on: 13.02.1973
Register of
companies: Local
court 93049 Regensburg
under: HRA
3546
Total cap. contribution: EUR 50,000.00
Limited partner:
Renate Mahlo
Auf dem Gries 47
D 93342 Saal
born: 29.01.1917
née: Moras
Share: EUR 50,000.00
General partner:
Mahlo Automation
Gesellschaft mit
beschränkter Haftung
Donaustr. 12
D 93342 Saal
Legal form: Private
limited company
Share capital: EUR 26,000.00
Registered on: 19.04.1973
Reg. data: 93049
Regensburg, HRB 1380
Shareholder:
Mahlo GmbH & Co. KG
Donaustr. 12
D 93342 Saal
Legal form: Ltd
partnership with priv. ltd.
company as general
partner
Total cap. EUR 50,000.00
contribution:
Share: EUR 26,000.00
Registered on: 13.02.1973
Reg. data: 93049
Regensburg, HRA 3546
Manager:
Rainer Mestermann
D 91074 Herzogenaurach
having sole power of
representation
born: 05.12.1962
General partner:
Ralph Greenwood-Mahlo
D 93326 Abensberg
born: 07.01.1976
Profession: Businessman
Marital status: single
Proxy:
Ralph Greenwood-Mahlo
D 93326 Abensberg
having sole power of representation
born: 07.01.1976
Profession: Businessman
Marital status: single
Proxy:
Thomas Höpfl
D 92533 Wernberg-Köblitz
authorized to jointly represent the company
born: 07.07.1966
Proxy:
Oliver Andreas Kastl
D 93138 Lappersdorf
authorized to jointly
represent the company
born: 12.03.1971
Further functions/participations of Ralph
Greenwood-Mahlo
(General partner)
Proprietor:
Ralph Greenwood
Auf dem Gries 45a
D 93342 Saal
Legal form: Unregistered
commercial
enterprise
Limited partner:
Mahlo
Grundstücksverwaltungs GmbH & Co. KG
Donaustr. 12
D 93342 Saal
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Total cap. EUR 250,000.00
contribution:
Share: EUR 250,000.00
Registered
on: 14.06.2002
Reg. data: 93049 Regensburg, HRA 6650
Shareholder:
Mahlo - Electronic
Gesellschaft mit
beschränkter Haftung
Donaustr. 12
D 93342 Saal
Legal form: Private
limited company
Share capital: EUR 26,000.00
Share: EUR 5,460.00
Registered
on: 30.04.1965
Reg. data: 93049 Regensburg, HRB 1050
Manager:
R & R
Verwaltungs-GmbH
Am Schmiedweiher 27
D 93326 Abensberg
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 30.05.2012
Reg. data: 93049 Regensburg, HRB 13141
14.01.2013 - 16.01.2013 General
partner
Renate Mahlo
D 93342 Saal
Main industrial sector
26512
Manufacture of instruments and appliances for measuring, testing and
navigation
27110
Manufacture of electric motors, generators and transformators
Shareholder:
Mahlo Automation Gesellschaft
mit
beschränkter Haftung
Donaustr. 12
D 93342 Saal
Legal form: Private
limited company
Company Status: active
Share capital: EUR 26,000.00
Share: EUR 26,000.00
Reg. data: 19.04.1973
Local court
93049 Regensburg
HRB 1380
Payment experience: within
agreed terms
Negative information: We have no negative information at hand.
Type of ownership: Tenant
Address Donaustr.
12
D 93342 Saal
Real Estate of: Mahlo
Automation Gesellschaft mit
beschränkter Haftung
Type of ownership: Tenant
Address Donaustr.
12
D 93342 Saal
Land register documents were not available.
KREISSPARKASSE KELHEIM, 93342 SAAL A.D.DONAU
Sort. code: 75051565
BIC: BYLADEM1KEH
KREISSPARKASSE KELHEIM, 93305 KELHEIM
Sort. code: 75051565
BIC: BYLADEM1KEH
COMMERZBANK REGENSBURG, 93047 REGENSBURG
Sort. code: 75040062
BIC: COBADEFFXXX
DEUTSCHE
BANK, 93003 REGENSBURG
Sort. code: 75070013
BIC: DEUTDEMM750
UNICREDIT BANK - HYPOVEREINSBANK, 93002
REGENSBURG
Sort. code: 75020073
BIC: HYVEDEMM447
Financial year: 01.01. - 31.12.
Turnover: 2014 *EUR 30,600,000.00
Equipment: *EUR 1,800,000.00
Ac/ts receivable: *EUR
720,000.00
Liabilities: *EUR 1,080,000.00
Employees: 240
The
business figures marked with an asterisk are estimates based on average values
in the line of business.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.63.75 |
|
|
1 |
Rs.100.12 |
|
Euro |
1 |
Rs.71.20 |
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
|
|
|
|
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.