|
Report No. : |
325834 |
|
Report Date : |
10.06.2015 |
IDENTIFICATION DETAILS
|
Name : |
GEBRÜDER MARTIN GMBH & CO. KG |
|
|
|
|
Registered Office : |
KLS
Martin Platz 1, D 78532 Tuttlingen |
|
|
|
|
Country : |
Germany |
|
|
|
|
Date of Incorporation : |
1923 |
|
|
|
|
Com. Reg. No.: |
HRA 450196 |
|
|
|
|
Legal Form : |
Ltd
partnership with priv. ltd. company as general partner |
|
|
|
|
Line of Business : |
Wholesale
of medical and orthopedic goods, dental and laboratory supplies |
|
|
|
|
No of Employees : |
272 |
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 – 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 Risk |
A2 |
|
Moderate Low Risk |
B1 |
|
Moderate Risk |
B2 |
|
Moderate High Risk |
C1 |
|
High Risk |
C2 |
|
Very High Risk |
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, 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 2014. The new German government introduced a minimum wage of about $11.60 (8.50 euros) 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%. The budget was essentially in balance in 2014. 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 plans to replace nuclear power with renewable energy, which accounts for 34% of total energy consumption, up from 9% in 2000. 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 |
Gebrüder
Martin GmbH & Co. KG
KLS Martin
Platz 1
D 78532
Tuttlingen
Telephone:07461/706-0
Telefax: 07461/706-351
Homepage: www.klsmartin.com
E-mail: info@klsmartin.com
Active
DE142930777
Business relations are permissible.
LEGAL FORM Ltd
partnership with priv. ltd. company as general partner
Date of foundation: 1923
Registered on: 19.12.1928
Register of
companies: Local
court 70190 Stuttgart
under: HRA
450196
Total cap. contribution: EUR 1,030,000.00
Limited partner:
Karl Leibinger
Medizintechnik GmbH & Co. KG
Kolbinger Str. 10
D 78570 Mühlheim
Legal form: Ltd
partnership with priv. ltd.
company as general
partner
Total cap. EUR 260,000.00
contribution:
Share: EUR 463,500.00
Registered on: 11.03.1980
Reg. data: 70190
Stuttgart, HRA 450721
Limited partner:
KLS Martin GmbH + Co. KG
Am Gansacker 1b
D 79224 Umkirch
Legal form: Ltd
partnership with priv. ltd.
company as general
partner
Total cap. EUR 51,129.19
contribution:
Share: EUR 257,500.00
Registered on: 22.08.1991
Reg. data: 79098
Freiburg, HRA 4044
Limited partner:
Stuckenbrock Medizintechnik GmbH
Lessingstr. 50
D 78532 Tuttlingen
Legal form: Private
limited company
Share capital: EUR 615,000.00
Share: EUR 185,400.00
Registered on: 08.02.1978
Reg. data: 70190
Stuttgart, HRB 450229
Limited partner:
Rudolf Buck GmbH.
Römerweg 9
D 78570 Mühlheim
Legal form: Private
limited company
Share capital: EUR 102,258.38
Share: EUR 123,600.00
Registered on: 05.08.1974
Reg. data: 70190
Stuttgart, HRB 450141
General partner:
Martin
Verwaltungsgesellschaft mbH
Ludwigstaler Str. 132
D 78532 Tuttlingen
Legal form: Private limited company
Share capital: EUR 30,000.00
Registered on: 22.04.1992
Reg. data: 70190
Stuttgart, HRB 450711
Shareholder:
Karl Leibinger Medizintechnik GmbH & Co.
KG
Kolbinger Str. 10
D 78570 Mühlheim
Legal form: Ltd
partnership with priv. ltd.
company as general
partner
Total cap. EUR 260,000.00
contribution:
Share: EUR 13,500.00
Registered on: 11.03.1980
Reg. data: 70190
Stuttgart, HRA 450721
Shareholder:
KLS Martin GmbH + Co. KG
Am Gansacker 1b
D 79224 Umkirch
Legal form: Ltd
partnership with priv. ltd.
company as general partner
Total cap. EUR 51,129.19
contribution:
Share: EUR 7,500.00
Registered on: 22.08.1991
Reg. data: 79098
Freiburg, HRA 4044
Shareholder:
Stuckenbrock
Medizintechnik GmbH
Lessingstr. 50
D 78532 Tuttlingen
Legal form: Private
limited company
Share capital: EUR 615,000.00
Share: EUR 5,400.00
Registered on: 08.02.1978
Reg. data: 70190
Stuttgart, HRB 450229
Shareholder:
Rudolf Buck GmbH.
Römerweg 9
D 78570 Mühlheim
Legal form: Private
limited company
Share capital: EUR 102,258.38
Share: EUR 3,600.00
Registered on: 05.08.1974
Reg. data: 70190
Stuttgart, HRB 450141
Manager:
Donat Stuckenbrock
Schumannstr. 52
D 78532 Tuttlingen
born: 05.11.1951
Profession: graduate
engineer
Marital status: married
Manager:
Dr. Michael Martin
D 78532 Tuttlingen
Profession: Fully
qualified merchant
Manager:
Christian Leibinger
D 78476 Allensbach
born: 17.12.1980
Proxy:
Mark Roland Faude
Gosheimer Str. 5
D 78549 Spaichingen
authorized to jointly
represent the company
born: 11.10.1972
Proxy:
Roman Siegfried Maier
D 72516 Scheer
authorized to jointly
represent the company
born: 06.07.1970
Proxy:
Andreas Hupe
D 78532 Tuttlingen
born: 07.08.1964
Marital status: unknown
Proxy:
Manfred Schmiermund
D 78567 Fridingen
born: 22.03.1962
Marital status: unknown
19.12.1928 - 30.08.2013 Gebrüder
Martin GmbH & Co. KG
Ludwigstaler Str. 132
D 78532 Tuttlingen
Ltd partnership with priv.
ltd. company
as general partner
Main industrial sector
46462
Wholesale of medical and orthopedic goods, dental and laboratory
supplies
Branch:
Gebrüder Martin GmbH
& Co. KG
RC 201203 Shanghai
Branch:
Gebrüder Martin GmbH
& Co. KG
RUS 121471 Moscow Russia
Limited partner:
Lawton GmbH & Co.KG
Württembergerstr. 23
D 78567 Fridingen
Legal form: Ltd partnership with priv. ltd.
company as
general partner
Company Status: active
Total cap. EUR 1,700,000.00
contribution:
Share: EUR 1,700,000.00
Reg. data: 30.12.1977
Local court
70190 Stuttgart
HRA 450685
Shareholder:
Qualimed Instrumente GmbH
Württembergerstr. 23
D 78567 Fridingen
Legal form: Private
limited company
Company Status: active
Share capital: EUR 26,000.00
Share: EUR 26,000.00
Reg. data: 17.11.1977
Local court
70190 Stuttgart
HRB 450220
Payment experience: within
agreed terms
Negative information: We have no negative information at hand.
Type of ownership: proprietor
Share: 100.00 %
Address Ludwigstaler
Str. 132
D
78532 Tuttlingen
Type of real estate: factory building
Residential floor 4,000.00 sq.m
space/ Usable floor
space:
Type of ownership: proprietor
Share: 100.00 %
Address Nendinger
Allee 97
D 78532 Tuttlingen
Residential floor 2,500.00
sq.m
space/ Usable floor
space:
Type of ownership: Tenant
Address KLS
Martin Platz 1
D 78532 Tuttlingen
Real Estate of: Martin
Verwaltungsgesellschaft mbH
Type of ownership: Tenant
Address Ludwigstaler
Str. 132
D 78532 Tuttlingen
Real Estate of: KLS
Martin GmbH + Co. KG
Type of ownership: Tenant
Address Am
Gansacker 1b
D 79224 Umkirch
Land register documents were not available.
Principal bank
KREISSPARKASSE TUTTLINGEN, 78502 TUTTLINGEN
Sort. code: 64350070, Account no.: 10234
BIC: SOLADES1TUT, IBAN: DE15643500700000010234
Further banks
DEUTSCHE BANK, 78506 TUTTLINGEN
Sort. code: 65370075, Account no.: 2184000
BIC: DEUTDESS653, IBAN: DE25653700750218400000
COMMERZBANK VORMALS DRESDNER BANK, 78506
TUTTLINGEN
Sort. code: 64380011, Account no.: 272804700
BIC: DRESDEFF643, IBAN: DE37643800110272804700
Financial year: 01.01. - 31.12.
Turnover: 2014 *EUR 48,600,000.00
Equipment: *EUR 1,458,000.00
Ac/ts receivable: *EUR 1,701,000.00
Liabilities: *EUR 5,346,000.00
Total numbers of
vehicles:
47
Employees:
272
- thereof permanent
staff:
23
- Part-time employees: 26
- Trainees:
16
- Temporary workers: 2
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. 63.93 |
|
|
1 |
Rs. 98.26 |
|
Euro |
1 |
Rs. 72.36 |
INFORMATION DETAILS
|
Analysis Done by
: |
SAN |
|
|
|
|
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.