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Report No. : |
343916 |
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Report Date : |
10.10.2015 |
IDENTIFICATION DETAILS
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Name : |
JRS PHARMA GMBH & CO. KG |
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Registered Office : |
Holzmühle 1, D 73494 Rosenberg |
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Country : |
Germany |
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Date of Incorporation : |
19.11.2003 |
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Com. Reg. No.: |
HRA 510394 |
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Legal Form : |
Ltd partnership with priv. ltd. company as general partner |
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Line of Business : |
Non-specialized
wholesale of raw materials and half-finished
and finished goods |
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No. of Employees : |
120 |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
|
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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Payment Behaviour : |
Slow but correct |
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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 |
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Moderate |
B1 |
|
High |
B2 |
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Very High |
C1 |
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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 |
JRS
PHARMA GMBH & CO. KG
Company Status: Active
Holzmühle 1
D 73494 Rosenberg
Telephone:07967/152312
Telefax:
07967/152345
Homepage: www.jrspharma.de
E-mail:
info@jrspharma.de
VAT no.: DE813833020
Tax ID number: 50079/20065
Business relations are permissible.
LEGAL FORM Ltd
partnership with priv. ltd. company as general partner
Date of foundation: 2003
Registered on: 19.11.2003
Register of
companies: Local
court 89073 Ulm
under: HRA
510394
EUR 1,000,000.00
Limited partner:
Josef Rettenmaier Holding
GmbH & Co.KG
Holzmühle 1
D 73494 Rosenberg
Legal form: Ltd
partnership with priv. ltd.
company as general partner
Total cap. EUR 6,000,000.00
contribution:
Share: EUR 1,000,000.00
Registered on: 17.12.1996
Reg. data: 89073 Ulm, HRA
510272
General partner:
JRS Pharma Verwaltung
GmbH
Holzmühle 1
D 73494 Rosenberg
Legal form: Private
limited company
Share
capital: EUR 25,000.00
Registered on: 22.09.2003
Reg. data: 89073 Ulm, HRB
510579
Shareholder:
JRS Pharma GmbH & Co.
KG
Holzmühle 1
D 73494 Rosenberg
Legal form: Ltd
partnership with priv. ltd.
company as general
partner
Total cap. EUR 1,000,000.00
contribution:
Share: EUR 25,000.00
Registered on: 19.11.2003
Reg. data: 89073 Ulm, HRA
510394
Manager:
Josef Otto Rettenmaier
Holzmühle 6
D 73494 Rosenberg
having sole power of
representation
born: 22.01.1961
Profession: Businessman
Manager:
Richard Salzer
Ulrichstr. 8
D 73479 Ellwangen
having sole power of
representation
born: 09.04.1945
Profession: Manager
Marital status: married
General partner:
JR Beteiligungs KG
Holzmühle 1
D 73494 Rosenberg
Legal form: Limited
partnership
Total cap. EUR 2,000.00
contribution:
Registered on: 28.12.2004
Reg. data: 89073 Ulm, HRA
510408
General partner:
Johanna Rettenmaier
Holzmühle 4
D 73494 Rosenberg
born: 17.03.1931
née: Strasser
Marital status: married
Limited partner:
Rebecka Rettenmaier
D 73494 Rosenberg
born: 10.11.1967
Share: EUR 1,000.00
Limited partner:
Daniela Rettenmaier
D 73494 Rosenberg
born: 11.10.1964
Share: EUR 1,000.00
Further functions/participations of JR
Beteiligungs KG (General
partner)
General partner:
Hahn GmbH & Co. KG
Am Bahnhof 1
D 24796 Bredenbek
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Total cap. EUR 1,000,000.00
contribution:
Registered
on: 23.01.1997
Reg. data: 24114 Kiel, HRA 3695 KI
General partner:
J. Rettenmaier &
Söhne GmbH + Co KG
Holzmühle 1
D 73494 Rosenberg
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Total cap. EUR 1,100,000.00
contribution:
Registered
on: 27.12.1972
Reg. data: 89073 Ulm, HRA 510028
General partner:
Günter Springer Spanholz
GmbH & Co. KG
Nikolaus-Otto-Str. 3-5
D 28816 Stuhr
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Total cap. EUR 500,000.00
contribution:
Registered
on: 27.08.1998
Reg. data: 29664 Walsrode, HRA 110498
General partner:
Microcellulose Weißenborn
GmbH & Co KG
Freiberger Str. 7
D 09600 Weißenborn
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Total cap. EUR 1,000,000.00
contribution:
Registered
on: 08.12.1993
Reg. data: 09112 Chemnitz, HRA 586
General partner:
Parsimonia GmbH & Co.
KG
Holzmühle 1
D 73494 Rosenberg
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Total cap. EUR 10,000.00
contribution:
Registered
on: 22.09.2004
Reg. data: 89073 Ulm, HRA 510404
General partner:
Josef Rettenmaier Holding
GmbH & Co.KG
Holzmühle 1
D 73494 Rosenberg
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Total cap. EUR 6,000,000.00
contribution:
Registered
on: 17.12.1996
Reg. data: 89073 Ulm, HRA 510272
General partner:
JRS Prozesstechnik GmbH
& Co. KG
Calenberger Mühle 1
D 30982 Pattensen
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Total cap. EUR 1,000,000.00
contribution:
Registered
on: 06.11.2002
Reg. data: 30175 Hannover, HRA 100680
General partner:
Josef Rettenmaier &
Söhne Holding GmbH &
Co.KG
Holzmühle 1
D 73494 Rosenberg
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Total cap. EUR 7,499,996.21
contribution:
Registered
on: 04.09.2001
Reg. data: 89073 Ulm, HRA 510317
General partner:
Josef Rettenmaier
International Holding GmbH
& Co.KG.
Holzmühle 1
D 73494 Rosenberg
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Total cap. EUR 6,000,000.00
contribution:
Registered
on: 31.07.2003
Reg. data: 89073 Ulm, HRA 510392
General partner:
CTL CELLTECHNIK LODENAU GmbH & Co. KG
Hauptstr. 40
D 02929 Rothenburg
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Total cap. EUR 1,000,000.00
contribution:
Registered
on: 03.03.1992
Reg. data: 01069 Dresden, HRA 366
General partner:
CHP Carbohydrate Pirna
GmbH & Co. KG
Lohmener Str. 12
D 01796 Pirna
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Total cap. EUR 500,000.00
contribution:
Registered
on: 09.10.1997
Reg. data: 01069 Dresden, HRA 2909
General partner:
JRS Holzenergie
GmbH & Co. KG
Alfred-Nobel-Str. 2
D 73479 Ellwangen
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Total cap. EUR 1,000.00
contribution:
Registered
on: 12.04.2012
Reg. data: 89073 Ulm, HRA 722949
Main
industrial sector
46902
Non-specialized wholesale of raw materials and half-finished and
finished goods
Shareholder:
JRS Pharma Verwaltung
GmbH
Holzmühle 1
D 73494 Rosenberg
Legal form: Private
limited company
Company Status: active
Share capital: EUR 25,000.00
Share: EUR 25,000.00
Reg. data: 22.09.2003
Local court
89073 Ulm
HRB 510579
Payment experience: within agreed terms
Negative information:We have no negative information
at hand.
Type of ownership: Tenant
Address Holzmühle 1
D 73494 Rosenberg
Real Estate of: JRS Pharma Verwaltung GmbH
Type of ownership: Tenant
Address Holzmühle 1
D 73494 Rosenberg
Real Estate of: JR Beteiligungs KG
Type of ownership: Tenant
Address Holzmühle 1
D 73494 Rosenberg
Land register documents were not available.
A bank connection is unknown.
Financial
year: 01.01. - 31.12.
Turnover: 2013 *EUR 29,400,000.00
2014 *EUR 29,400,000.00
further business figures:
Equipment: *EUR 720,000.00
Ac/ts receivable: *EUR 4,920,000.00
Liabilities: *EUR 6,720,000.00
Employees:
120
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.64.78 |
|
|
1 |
Rs.99.54 |
|
Euro |
1 |
Rs.73.08 |
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
|
|
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|
Report Prepared
by : |
NIT |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest capability
for timely payment of interest and principal sums |
Unlimited |
|
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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 |
|
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
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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.