|
Report No. : |
329074 |
|
Report Date : |
30.06.2015 |
IDENTIFICATION DETAILS
|
Name : |
ULRICH WALTER GMBH |
|
|
|
|
Registered Office : |
Dr.-Jürgen-Ulderup-Str.
12, D 49356 Diepholz, Post Box:12 69, D 49342 Diepholz |
|
|
|
|
Country : |
Germany |
|
|
|
|
Financials (as on) : |
31.12.2012 |
|
|
|
|
Date of Incorporation : |
01.01.1978 |
|
|
|
|
Com. Reg. No.: |
HRB 100169 |
|
|
|
|
Legal Form : |
Private Limited Company |
|
|
|
|
Line of Business : |
Wholesale of Coffee, Tea, Cocoa and Spices. |
|
|
|
|
No. of Employees : |
119 |
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 – 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, 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 |
ULRICH
WALTER GMBH
Company Status: active
Dr.-Jürgen-Ulderup-Str.
12
D 49356 Diepholz
Post Box:
12 69, D 49342 Diepholz
Telephone:05441/9856100
Telefax: 05441/9856101
Homepage: www.lebensbaum.de
E-mail: info@lebensbaum.de
DE151395616
Business relations are permissible.
LEGAL FORM Private
limited company
Date of foundation: 01.01.1978
Registered on: 26.05.1992
Commercial Register: Local court 29664 Walsrode
under: HRB
100169
EUR 300,000.00
Shareholder:
Pure Taste Group GmbH
& Co KG
Dr.-Jürgen-Ulderup-Str.
12
D 49356 Diepholz
Legal form: Ltd
partnership with priv. ltd.
company as general
partner
Total cap. EUR 25,000.00
contribution:
Share: EUR 300,000.00
Registered on: 02.07.2013
Reg. data: 29664
Walsrode, HRA 202206
Manager:
Ulrich Walter
Im Heidmoore 5
D 49453 Rehden
born: 23.08.1949
Profession: Businessman
Marital status: married
Manager:
Dr. Achim Mayr
Sonnentauweg 3
D 49356 Diepholz
having sole power of
representation
born: 20.06.1959
Further functions/participations of Ulrich
Walter (Manager)
Shareholder:
AUWA Holding GmbH
Dr.-Jürgen-Ulderup-Str.
12
D 49356 Diepholz
Legal form: Private
limited company
Share capital: EUR 50,000.00
Share: EUR 30,000.00
Registered
on: 31.07.1989
Reg. data: 29664 Walsrode, HRB 100124
Manager:
AUWA Holding GmbH
Dr.-Jürgen-Ulderup-Str.
12
D 49356 Diepholz
Legal form: Private
limited company
Share capital: EUR 50,000.00
Registered
on: 31.07.1989
Reg. data:
29664 Walsrode, HRB 100124
Manager:
AUWA Beteiligungs GmbH
Maschstr. 31
D 49356 Diepholz
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 10.05.2001
Reg. data: 29664 Walsrode, HRB 100359
Manager:
BiologX GmbH
Dr.-Jürgen-Ulderup-Str.
12
D 49356 Diepholz
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 13.03.2007
Reg. data: 29664 Walsrode, HRB 200514
Manager:
BL Verwaltungs- u.
Beteiligungs GmbH
Dr.-Jürgen-Ulderup-Str.
12
D 49356 Diepholz
Legal form: Private
limited company
Share capital: EUR 50,000.00
Registered
on: 15.03.2007
Reg. data: 29664 Walsrode, HRB 200522
Manager:
Pure Taste Group
Verwaltungs- u.
Beteiligungs GmbH
Dr.-Jürgen-Ulderup-Str.
12
D 49356 Diepholz
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 05.07.2013
Reg. data: 29664 Walsrode, HRB 204367
President of the Board of Directors:
Förderverein BSV Rehden
e. V.
Im Heidmoore 5
D 49453 Rehden
Legal form: Registered
association
Registered
on: 20.07.1999
Reg. data: 29664 Walsrode, VR 100276
Member of the Supervisory Board:
GLS
Beteiligungsaktiengesellschaft
Christstr. 9
D 44789 Bochum
Post Box:
10 08 29, D 44708 Bochum
Legal form: Public
limited company
Share capital: EUR 1,731,600.00
Registered
on: 12.12.1995
Reg. data: 44787 Bochum, HRB 5423
Further functions/participations of Dr. Achim
Mayr (Manager)
Manager:
BiologX GmbH
Dr.-Jürgen-Ulderup-Str.
12
D 49356 Diepholz
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 13.03.2007
Reg. data: 29664 Walsrode, HRB 200514
Manager:
Pure Taste Group Verwaltungs- u.
Beteiligungs GmbH
Dr.-Jürgen-Ulderup-Str.
12
D 49356 Diepholz
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 05.07.2013
Reg. data: 29664 Walsrode, HRB 204367
01.01.1978 - 1992 BIO-VEDA Naturprodukte GmbH
D 49453 Dickel
Private limited
company
1993 - 23.11.1995 BIOVEDA Naturprodukte GmbH
Maschstr. 31
D 49356 Diepholz
Private limited
company
26.09.2000 - 05.08.2002 U. Walter GmbH
Maschstr. 31
D 49356 Diepholz
Private limited
company
05.08.2002 - 18.10.2004 U. Walter GmbH
Dr.-Jürgen-Ulderup-Str.
12
D 49356 Diepholz
Private limited
company
Main industrial sector
4637
Wholesale of coffee, tea, cocoa and spices
Shareholder:
Pro Naturkost GmbH
Zur Kräuterwiese 6
D 31020 Salzhemmendorf
Legal form: Private
limited company
Company Status: in
liquidation
since: 02.03.2015
Share capital: EUR 30,000.00
Share: EUR 5,000.00
Reg. data: 06.07.2006
Local court
30175 Hannover
HRB 200726
Payment experience: within agreed terms
Negative information:We have no negative
information at hand.
Balance sheet year: 2012
Type of ownership: Tenant
Address Dr.-Jürgen-Ulderup-Str.
12
D 49356 Diepholz
Land register documents were not available.
Principal banks
KREISSPARKASSE GRAFSCHAFT DIEPHOLZ, 49343
DIEPHOLZ
Sort. code: 25651325
BIC:
BRLADE21DHZ
OLDENBURGISCHE LANDESBANK AG, 49344 DIEPHOLZ
Sort. code: 25621327
BIC: OLBODEH2XXX
Further bank
VOLKSBANK DIEPHOLZ-BARNSTORF, 49403 BARNSTORF,
KR DIEPHOLZ
Sort. code: 25069503
BIC: GENODEF1BNT
Turnover:
2013 *EUR 40,120,000.00
2014 *EUR 40,110,000.00
further business figures:
Equipment: EUR 673,664.00
Ac/ts receivable: EUR 4,389,588.00
Liabilities: EUR 8,189,618.00
Total numbers of vehicles: 4
-
Passenger cars:
4
Employees: 119
-
thereof permanent staff: 107
-
Trainees:
12
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 [%]: 49.41
Liquidity ratio: 0.56
Return on total capital [%]: 15.45
Balance sheet ratios 01.01.2011 - 31.12.2011
Equity ratio [%]: 38.60
Liquidity ratio: 0.49
Return on total capital [%]: 11.20
Balance sheet ratios 01.01.2010 - 31.12.2010
Equity ratio [%]: 49.18
Liquidity ratio: 0.64
Return
on total capital [%]: 12.38
Balance sheet ratios 01.01.2009 - 31.12.2009
Equity ratio [%]: 44.82
Liquidity ratio: 0.54
Return on total capital [%]: 9.55
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 19,958,551.14
Fixed assets
EUR 3,517,044.10
Intangible assets
EUR 98,841.00
Concessions, licences, rights
EUR 98,841.00
Tangible assets
EUR 3,388,203.10
Land / similar rights
EUR 38,122.00
Plant / machinery
EUR 2,674,062.50
Other tangible assets / fixtures and
fittings
EUR 673,663.51
Advance payments made / construction
in progress
EUR 2,355.09
Financial assets
EUR 30,000.00
Shares in participations /
subsidiaries and the like
EUR 30,000.00
Shares in cooperatives
EUR 20,000.00
Shares in investee companies
EUR 10,000.00
Current assets
EUR 16,314,789.81
Stocks
EUR 9,061,522.34
Raw materials, consumables and
supplies
EUR 4,730,375.06
Finished goods / work in progress
EUR 4,027,921.28
Advance payments made
EUR 303,226.00
Accounts receivable
EUR 4,389,587.72
Amounts due from shareholders
EUR 1,413,644.97
Trade debtors
EUR 2,915,783.16
Other debtors and assets
EUR 60,159.59
Liquid means
EUR 2,863,679.75
Remaining other assets
EUR 126,717.23
Accruals (assets) EUR 126,717.23
LIABILITIES EUR 19,958,551.14
Shareholders' equity
EUR 10,511,418.98
Capital
EUR 300,000.00
Subscribed capital (share capital)
EUR 300,000.00
Reserves
EUR 76,693.78
Capital reserves
EUR 76,693.78
Balance sheet profit/loss (+/-)
EUR 10,134,725.20
Balance
sheet profit / loss EUR 10,134,725.20
Items between shareholders' equity and
debt capital
EUR 132,000.00
Allowances / bonuses
EUR 132,000.00
Provisions EUR 1,125,514.34
Pension provisions and comparable
provisions
EUR 71,113.27
Provisions for taxes
EUR 390,158.99
Other / unspecified provisions EUR 664,242.08
Liabilities
EUR 8,189,617.82
Financial debts
EUR 5,197,235.18
Liabilities due to banks
EUR 5,197,235.18
Other liabilities EUR 2,992,382.64
Trade creditors (for IAS incl. bills
of exchange)
EUR 1,233,508.96
Liabililties due to related companiesEUR 559,949.49
Unspecified other liabilities EUR
1,198,924.19
thereof liabilities from tax /
financial authorities
EUR 59,494.59
thereof liabilities from social
security
EUR 1,334.94
Guarantees and other commitments
EUR 1,600,000.00
Guarantees / warranties
EUR 300,000.00
Guarantees
EUR 300,000.00
Sureties / lendings of
creditworthiness
EUR 1,300,000.00
PROFIT AND LOSS ACCOUNT (cost-summary method)
according to Comm.
Code
(HGB)
Sales
EUR 40,108,110.66
Inventory change + own costs (+/-)
EUR 542,388.97
Inventory change (+/-)
EUR 542,388.97
Other operating income
EUR 205,933.09
Cost of materials
EUR 24,114,330.08
Raw materials and supplies, purchased
goods
EUR 22,532,544.12
Purchased services
EUR 1,581,785.96
Gross result (+/-)
EUR 16,742,102.64
Staff expenses
EUR 5,148,679.80
Wages and salaries EUR 4,328,504.21
Social security contributions and
expenses for pension plans and
benefits
EUR 820,175.59
Total depreciation
EUR 841,036.76
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus.
EUR 841,036.76
Other operating expenses
EUR 6,537,428.26
Operating result from continuing
operations EUR 4,214,957.82
Interest result (+/-)
EUR -236,444.64
Interest and similar income
EUR 47,978.61
Interest and similar expenses
EUR 284,423.25
Financial result (+/-)
EUR -236,444.64
Result from ordinary operations (+/-)
EUR 3,978,513.18
Income tax / refund of income tax (+/-)EUR -1,108,179.16
Other taxes / refund of taxes
EUR -4,371.00
Tax
(+/-)
EUR -1,112,550.16
Annual surplus / annual deficit
EUR 2,865,963.02
Type
of balance sheet: Company balance sheet
Financial year: 01.01.2011
- 31.12.2011
ASSETS EUR 17,891,369.18
Fixed assets
EUR 3,573,136.12
Intangible assets
EUR 77,607.00
Concessions, licences, rights
EUR 12,323.50
Other / unspecified intangible assetsEUR 65,283.50
Tangible assets
EUR 3,465,529.12
Land / similar rights
EUR 34,769.00
Plant / machinery
EUR 2,058,704.00
Other tangible assets / fixtures and
fittings
EUR 571,794.51
Advance payments made / construction
in progress
EUR 800,261.61
Financial assets
EUR 30,000.00
Shares in participations /
subsidiaries and the like
EUR 30,000.00
Shares in cooperatives
EUR 20,000.00
Shares in investee companies EUR 10,000.00
Current assets
EUR 14,231,804.76
Stocks
EUR 8,208,368.42
Raw materials, consumables and
supplies
EUR 4,530,393.55
Finished goods / work in progress
EUR 3,677,974.87
Accounts receivable
EUR 5,768,575.57
Amounts due from shareholders
EUR 1,328,325.22
Trade debtors
EUR 3,549,675.09
Other debtors and assets
EUR 890,575.26
Liquid means
EUR 254,860.77
Remaining other assets
EUR 86,428.30
Accruals (assets) EUR 86,428.30
LIABILITIES EUR 17,891,369.18
Shareholders' equity
EUR 7,645,455.96
Capital
EUR 300,000.00
Subscribed capital (share capital)
EUR 300,000.00
Reserves
EUR 76,693.78
Capital reserves
EUR 76,693.78
Balance sheet profit/loss (+/-)
EUR 7,268,762.18
Balance
sheet profit / loss EUR 7,268,762.18
Items between shareholders' equity and
debt capital
EUR 151,300.00
Allowances / bonuses
EUR 151,300.00
Provisions EUR 815,389.10
Pension provisions and comparable
provisions
EUR 68,726.45
Provisions for taxes
EUR 17,228.07
Other / unspecified provisions EUR 729,434.58
Liabilities
EUR 9,279,224.12
Financial debts
EUR 5,195,300.24
Liabilities due to banks
EUR 5,195,300.24
Other liabilities EUR 4,083,923.88
Trade creditors (for IAS incl. bills
of exchange)
EUR 2,012,368.38
Liabililties due to related companiesEUR 762,968.05
Unspecified other liabilities
EUR 1,308,587.45
thereof liabilities from tax /
financial authorities
EUR 334,190.75
thereof liabilities from social
security
EUR 1,943.49
PROFIT AND LOSS ACCOUNT (cost-summary method)
according to Comm.
Code
(HGB)
Sales
EUR 36,709,207.30
Inventory change + own costs (+/-)
EUR -128,901.62
Inventory change (+/-)
EUR -128,901.62
Other operating income
EUR 197,071.44
Cost of materials
EUR 21,516,920.74
Raw materials and supplies, purchased
goods
EUR 20,021,950.88
Purchased services
EUR 1,494,969.86
Gross result (+/-)
EUR 15,260,456.38
Staff expenses
EUR 4,577,668.66
Wages and salaries
EUR 3,861,687.32
Social security contributions and
expenses for pension plans and
benefits
EUR 715,981.34
Total depreciation
EUR 981,485.16
Depreciation on tangible / intangible
asssets
(incl. start-up and exp. of
bus.
EUR 981,485.16
Other operating expenses
EUR 6,897,134.32
Operating result from continuing
operations
EUR 2,804,168.24
Interest result (+/-)
EUR -220,775.13
Interest and similar income
EUR 55,549.98
Interest and similar expenses
EUR 276,325.11
Other financial result
EUR -1,789.52
Depreciation on financial assets and
marketable securities
EUR 1,789.52
Financial result (+/-)
EUR -222,564.65
Result from ordinary operations (+/-)
EUR 2,581,603.59
Income tax / refund of income tax (+/-)EUR -723,597.85
Other taxes / refund of taxes
EUR -2,536.00
Tax
(+/-)
EUR -726,133.85
Annual surplus / annual deficit
EUR 1,855,469.74
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.63.92 |
|
|
1 |
Rs.100.40 |
|
Euro |
1 |
Rs.70.41 |
INFORMATION DETAILS
|
Analysis Done by
: |
KAR |
|
|
|
|
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or
its officials.