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Report No. : |
337997 |
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Report Date : |
01.09.2015 |
IDENTIFICATION DETAILS
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Name : |
SARTORIUS LAB INSTRUMENTS GMBH & CO. KG |
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Registered Office : |
Weender Landstr. 94-108 D 37075 Gottingen |
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Country : |
Germany |
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Date of Incorporation : |
27.06.2013 |
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Com. Reg. No.: |
HRA 201253 |
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Legal Form : |
Limited partnership with private limited company as general partners |
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Line of Business : |
· Manufacturer of Other Electronic Components. · Manufacturer of Computer and Peripheral Equipment. · Manufacturer of Instrument and Appliances for measuring, testing and navigation. · Wholesale of other equipment and accessories for machinery and technical supplies. |
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No. of Employees : |
Not Available |
RATING & COMMENTS
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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 : |
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) |
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Germany |
A1 |
A1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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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.
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Source
: CIA |
SARTORIUS
LAB INSTRUMENTS GMBH & CO. KG
Company Status: active
Weender Landstr. 94-108
D 37075 Göttingen
Telephone:0551/3080
Telefax: 0551/3083289
E-mail: info@sartorius.com
DE291452392
Business relations are permissible.
LEGAL FORM Ltd
partnership with priv. ltd. company as general partner
Date of foundation: 27.06.2013
Registered on: 27.06.2013
Register of
companies: Local
court 37073 Göttingen
under: HRA
201253
EUR 100.00
Limited partner:
SWT Treuhand GmbH
Weender Landstr. 94-108
D 37075 Göttingen
Legal form: Private
limited company
Share capital: EUR 25,000.00
Share: EUR 100.00
Registered on:
11.01.2011
Reg. data: 37073
Göttingen, HRB 201413
General partner:
Sartorius Weighing
Technology GmbH
Weender Landstr. 94-108
D 37075 Göttingen
Legal form: Private
limited company dormant
Share capital: EUR 5,000,000.00
Registered on: 18.02.2011
Reg. data: 37073
Göttingen, HRB 201458
Shareholder:
Sartorius Lab Holding
GmbH
Weender Landstr. 94-108
D 37075 Göttingen
Legal form: Private
limited company
Share capital: EUR 5,000,000.00
Share: EUR 5,000,000.00
Registered on: 29.12.2010
Reg. data: 37073
Göttingen, HRB 201403
Profit transfer agreement
Manager:
Jörg Pfirrmann
D 37176 Nörten-Hardenberg
born: 30.11.1972
Manager:
Michael Melingo
D 37075 Göttingen
born: 27.03.1961
Proxy:
Kirsten Siedler
D 22926 Ahrensburg
authorized to jointly
represent the company
born: 16.10.1959
Proxy:
Jens Michael Artelt
Am hohlen Wege 31
D 37124 Rosdorf
authorized to jointly
represent the company
born: 17.12.1971
Marital status: unknown
Proxy:
Katrin Sebastian
Beethovenstr. 52
D 37085 Göttingen
authorized to jointly
represent the company
born: 14.08.1972
Further functions/participations of Sartorius
Weighing Technology
GmbH (General partner)
Limited partner:
SIV Grone 1 GmbH &
Co. KG
Weender Landstr. 94-108
D 37075 Göttingen
Legal form: Ltd
partnership with priv. ltd.
company as general partner
Total cap. EUR 5,451,000.00
contribution:
Share: EUR 5,451,000.00
Registered
on:
25.01.2011
Reg. data: 37073 Göttingen, HRA 200622
Shareholder:
SI Grone
1-Verwaltungs-GmbH
Weender Landstr. 94-108
D 37075 Göttingen
Legal form: Private limited company
Share capital: EUR 25,000.00
Share: EUR 25,000.00
Registered
on: 12.01.2011
Reg. data: 37073 Göttingen, HRB 201416
Main
industrial sector
26119
Manufacture of other electronic components
26200
Manufacture of computers and peripheral equipment
2651
Manufacture of instruments and appliances for measuring, testing and
navigation
46693
Wholesale of other equipment and accessories for machinery and technical
supplies
Payment experience: within periods customary in this trade
Negative
information:We have no negative information at hand.
Type of ownership: Tenant
Address Weender
Landstr. 94-108
D 37075 Göttingen
Real Estate of: Sartorius
Weighing Technology GmbH
Type
of ownership: Tenant
Address Weender
Landstr. 94-108
D 37075 Göttingen
Land register documents were not available.
COMMERZBANK, 37005 GÖTTINGEN, NIEDERSACHS
Sort. code: 26040030, Account no.: 621042100
BIC: COBADEFFXXX, IBAN: DE80260400300621042100
Financial year: 01.01. - 31.12.
The number of employees is not known.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.66.26 |
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|
1 |
Rs.101.99 |
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Euro |
1 |
Rs.74.79 |
INFORMATION DETAILS
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Analysis Done by
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RAS |
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Report Prepared
by : |
NIT |
RATING EXPLANATIONS
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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 |
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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 |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised. |
Credit not
recommended |
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-- |
NB |
New Business. |
-- |
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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.