|
Report No. : |
328598 |
|
Report Date : |
25.06.2015 |
IDENTIFICATION DETAILS
|
Name : |
NKD SERVICES GMBH |
|
|
|
|
Registered Office : |
Bühlstr.
5-7, D 95463 Bindlach |
|
|
|
|
Country : |
Germany |
|
|
|
|
Date of Incorporation : |
06.06.2013 |
|
|
|
|
Com. Reg. No.: |
HRB 5758 |
|
|
|
|
Legal Form : |
Private limited company |
|
|
|
|
Line of Business : |
|
|
|
|
|
No of Employees : |
3 |
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 |
|
|
|
|
Payment Behaviour : |
Slow But Correct |
|
|
|
|
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 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 5.2% 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. The German economy suffers from low levels of investment, and a government plan to invest 15 billion euros 2016-18, largely in infrastructure, is intended to spur needed private investment. 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 accounted for 27.8% of gross electricity consumption in 2014, 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. Extremely low inflation, caused largely by low global energy prices and a weak euro, are expected to boost German GDP growth in 2015.
|
Source
: CIA |
NKD
Services GmbH
Bühlstr.
5-7
D 95463
Bindlach
Telephone:09208/699-0
Telefax: 09208/699-209
Homepage:
www.nkd.com
E-mail: service@nkd.de
Active
Business relations are permissible.
LEGAL FORM Private
limited company
Date of foundation: 06.06.2013
Shareholders'
agreement: 06.06.2013
Registered on: 13.06.2013
Commercial Register: Local court 95444 Bayreuth
under: HRB
5758
Share capital: EUR 25,100.00
Shareholder:
NKD Holdings GmbH
Bühlstr. 5-7
D 95463 Bindlach
Legal form: Private limited company
Share capital: EUR 25,000.00
Share: EUR 25,100.00
Registered on: 17.02.2014
Reg. data: 95444
Bayreuth, HRB 5902
Manager:
Wilko Rüdiger Hartmann
Kampenwandstr. 18c
D 85586 Poing
born: 23.05.1967
Manager:
Frank Beeck
CH
Baech
born: 28.05.1967
Nationality: Swiss
Manager:
Christian Welles
A Wien
born: 21.04.1970
Nationality: Austrian
Proxy:
Volker Helmut Putzmann
Wilhelmstr. 14
D 48149 Münster
authorized to jointly
represent the company
born: 15.05.1966
Profession: degree-level communication
expert
Marital status: single
Proxy:
Anton Fuchs
D 95500 Heinersreuth
authorized to jointly
represent the company
born: 11.07.1953
Proxy:
Gerhard Güldner
D 95444 Bayreuth
authorized to jointly
represent the company
born: 21.06.1956
Proxy:
Torsten Schwiers
D 95463 Bindlach
authorized to jointly
represent the company
born: 18.11.1965
Proxy:
Jörg Roßberg
D 95488 Eckersdorf
authorized to jointly
represent the company
born: 24.04.1967
Profession: Solicitor
Proxy:
Gabriele Fluck
D 92637 Weiden
authorized to jointly represent the company
born: 16.10.1967
Proxy:
Sabine Schüler
D 20095 Hamburg
authorized to jointly
represent the company
born: 05.01.1961
Proxy:
Ingo Franke
D 95444 Bayreuth
authorized to jointly
represent the company
born: 21.04.1964
Further functions/participations of Wilko
Rüdiger Hartmann (Manager)
Shareholder:
eh2 GmbH
Engasserbogen 28
D 80639 München
Legal form: Private
limited company
Share capital: EUR 30,000.00
Share: EUR 10,000.00
Registered
on: 18.12.2012
Reg. data: 80333 München, HRB 202533
Manager:
NKD Holdings GmbH
Bühlstr. 5-7
D 95463 Bindlach
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 17.02.2014
Reg. data: 95444 Bayreuth, HRB 5902
Manager:
NKD Deutschland GmbH
Bühlstr. 5-7
D 95463 Bindlach
Legal form: Private
limited company
Share capital: EUR 25,100.00
Registered
on: 14.06.2013
Reg. data: 95444 Bayreuth, HRB 5760
Further functions/participations of Frank
Beeck (Manager)
Manager:
NKD Deutschland GmbH
Bühlstr. 5-7
D 95463 Bindlach
Legal form: Private
limited company
Share capital: EUR
25,100.00
Registered
on: 14.06.2013
Reg. data: 95444 Bayreuth, HRB 5760
Manager:
NKD Holdings GmbH
Bühlstr. 5-7
D 95463 Bindlach
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 17.02.2014
Reg. data: 95444 Bayreuth, HRB 5902
Further functions/participations of Christian
Welles (Manager)
Manager:
NKD Deutschland GmbH
Bühlstr. 5-7
D 95463 Bindlach
Legal form: Private
limited company
Share capital: EUR 25,100.00
Registered
on: 14.06.2013
Reg. data: 95444 Bayreuth, HRB 5760
Manager:
NKD Holdings GmbH
Bühlstr. 5-7
D 95463 Bindlach
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 17.02.2014
Reg. data: 95444 Bayreuth, HRB 5902
17.04.2014 - 28.04.2015 Manager
Bernhard Beck
D 95497 Goldkronach
03.06.2014 - 21.11.2014 Manager
Bobby Rajan
D 80333 München
17.04.2014 - 28.05.2014 Manager
Marcus Joachim Brüning
D 80538 München
24.06.2013 - 17.01.2014 Manager
Ralf Friedrich Schmitz
D 42929 Wermelskirchen
24.06.2013 - 17.01.2014 Manager
Stephan Maas
D 50667 Köln
24.06.2013 - 15.11.2013 Manager
Ralph-Steffen Rosenbauer
D 95463 Bindlach
Main industrial sector
52299 Service activities incidental to
transportation n.e.c.
82999 Other business support service activities n.
e. c.
Payment
experience: Within agreed terms
Negative information: We have no negative information at hand.
PMI: present: 100
16.06.2015
Ø 6 months:94
Type of ownership: Tenant
Address Bühlstr.
5-7
D 95463 Bindlach
Land register documents were not available.
A bank connection is unknown.
Financial year: 01.01. - 31.12.
Turnover: 2014 *EUR 412,500.00
Share capital: EUR 25,100.00
Equipment: *EUR 25,500.00
Ac/ts receivable: *EUR 85,500.00
Liabilities: *EUR 90,000.00
Employees:
3
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. 63.66 |
|
|
1 |
Rs. 100.50 |
|
Euro |
1 |
Rs. 71.31 |
INFORMATION DETAILS
|
Analysis Done by
: |
RSM |
|
|
|
|
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.