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Report No. : |
347087 |
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Report Date : |
24.10.2015 |
IDENTIFICATION DETAILS
|
Name : |
BAUERMEISTER ZERKLEINERUNGSTECHNIK
GMBH |
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|
|
|
Registered Office : |
Oststr. 40 D 22844 Norderstedt |
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Country : |
Germany |
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Date of Incorporation : |
27.10.2003 |
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Com. Reg. No.: |
HRB 5203 NO |
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Legal Form : |
Private limited company |
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|
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Line of Business : |
Manufacture of machinery for food,
beverage and tobacco processing |
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|
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No. of Employee : |
48 |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Maximum Credit Limit: |
8,000 EUR |
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Status : |
Moderate |
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Payment Behaviour : |
Unknown |
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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, 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 |
In absence of financials, no credit limit could be recommended.
BAUERMEISTER ZERKLEINERUNGSTECHNIK GMBH
Company Status: active
Oststr. 40
D 22844 Norderstedt
Telephone:040/526080
Telefax:
040/52608199
Homepage:
www.bauermeister.de
E-mail:
info@bauermeister.de
VAT no.: DE813846689
Business relations are permissible.
LEGAL FORM Private
limited company
Date of foundation: 27.10.2003
Shareholders'
agreement: 27.10.2003
Registered on: 18.12.2003
Commercial Register: Local court 24114 Kiel
under: HRB
5203 NO
Share capital: EUR
25,000.00
Shareholder:
Probat-Werke von Gimborn
Maschinenfabrik
GmbH
Reeser Str. 94
D 46446 Emmerich
Post Box:
10 07 52, D 46427 Emmerich
Legal form: Private
limited company
Share capital: EUR 6,000,000.00
Share: EUR 25,000.00
Registered on: 20.01.2005
Reg. data: 47533 Kleve, HRB 7547
Manager:
Wim Abbing
D 46446 Emmerich
having sole power of
representation
born: 08.02.1967
Profession: Businessman
Marital status: married
Manager:
Günter Simon
Diestelstr. 15e
D 22397 Hamburg
authorized to jointly
represent the company
born: 02.02.1956
Profession: graduate
engineer
Property regime: joint
ownership of property
by a married couple.
Marital status: married
Further functions/participations
of Wim Abbing (Manager)
General
partner:
Carolin Büns, Dr. Rudolf
Gimborn, Ernestine
von Gimborn-Abbing,
Sophia Jönsson-Storz,
Monica Klais, Hendrina
Krawinkel, Paul
Lensing, Bernt Meinesz,
D 46446 Emmerich
Legal form: Partnership
under the Civil Code
Manager:
Probat-Werke von Gimborn
Maschinenfabrik
GmbH
Reeser Str. 94
D 46446 Emmerich
Post Box:
10 07 52, D 46427
Emmerich
Legal form: Private
limited company
Share capital: EUR 6,000,000.00
Registered
on: 20.01.2005
Reg. data: 47533 Kleve, HRB 7547
Manager:
van Gülpen Maschinenbau
GmbH
Reeser Str. 94
D 46446 Emmerich
Legal form: Private
limited company
Share capital: EUR 50,000.00
Registered
on: 06.11.1906
Reg. data: 47533 Kleve, HRB 3477
Manager:
Hamburg Dresdner
Maschinenfabriken GmbH
Niedersedlitzer Str. 41
D 01239 Dresden
Legal form: Private
limited company
Share capital: EUR 1,000,000.00
Registered
on: 11.02.2014
Reg. data: 01069 Dresden, HRB 33047
Manager:
Maschinenfabrik Ferd.
Gothot Gesellschaft
mit beschränkter Haftung
Reeser Str. 70
D 46446 Emmerich
Legal form: Private
limited company
Share capital: EUR
202,471.58
Registered
on: 10.12.2003
Reg. data: 47533 Kleve, HRB 2814
Manager:
Songwa Estates GmbH
Reeser Str. 94
D 46446 Emmerich
Legal form: Private
limited company
Share capital: EUR 30,000.00
Registered
on: 06.07.2007
Reg. data: 47533 Kleve, HRB 8684
Manager:
PROBAT-Werke von Gimborn
GmbH
Reeser Str. 94
D 46446 Emmerich
Post Box:
10 07 52, D 46427
Emmerich
Legal form: Private limited company
Share capital: EUR 5,000,000.00
Registered
on: 09.07.2013
Reg. data: 47533 Kleve, HRB 12224
President of
the Supervisory Board:
Volksbank Emmerich-Rees
e.G.
Raiffeisenplatz 1
D 46446 Emmerich
Legal form: Registered
cooperative
Registered
on: 31.05.1975
Reg. data: 47533 Kleve, GnR 121
Further
functions/participations of Günter Simon (Manager)
Manager:
Hamburg Dresdner
Maschinenfabriken GmbH
Niedersedlitzer Str. 41
D 01239 Dresden
Legal form: Private
limited company
Share capital: EUR 1,000,000.00
Registered
on: 11.02.2014
Reg. data: 01069 Dresden, HRB 33047
Manager:
Petzholdt-Heidenauer
Maschinen- und
Anlagenbau International
GmbH
Niedersedlitzer Str. 41
D 01239 Dresden
Legal form: Private
limited company
Share capital: EUR 1,500,000.00
Registered
on: 17.05.2004
Reg. data: 01069 Dresden, HRB 22654
Proxy:
Probat-Werke von Gimborn
Maschinenfabrik
GmbH
Reeser Str. 94
D 46446 Emmerich
Post Box:
10 07 52, D 46427
Emmerich
Legal form: Private
limited company
Share capital: EUR 6,000,000.00
Registered
on: 20.01.2005
Reg. data: 47533 Kleve, HRB 7547
Main industrial sector
2893
Manufacture of machinery for food, beverage and tobacco processing
Payment experience: Within
agreed terms
Negative information: We have no negative information at hand.
Maximum
credit: 8,000 EUR
PMI: No
significant / relevant payment experience
information
pertaining to the company
inquired upon is shown in the Deutscher
Debitoren Monitor (DDMonitor).
Type of ownership: Tenant
Address Oststr. 40
D 22844 Norderstedt
Land register documents were not available.
COMMERZBANK,
22824 NORDERSTEDT
Sort. code: 20040000
BIC: COBADEHHXXX
Financial year: 01.01.
- 31.12.
Share capital: EUR 25,000.00
Employees: 48
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.64.88 |
|
|
1 |
Rs.99.89 |
|
Euro |
1 |
Rs.72.06 |
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
|
|
|
|
Report Prepared
by : |
SDA |
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.