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MIRA INFORM REPORT
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Report No. : |
430270.2 |
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Report Date : |
14.02.2018 |
IDENTIFICATION DETAILS
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Name : |
TEDI GMBH & CO. KG |
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Registered Office : |
Brackeler Hellweg 301D 44309 Dortmund |
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Country : |
Germany |
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Date of Incorporation : |
28.04.2004 |
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Com. Reg. No.: |
HRA 15612 |
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Legal Form : |
Ltd partnership
with priv. ltd. company as general
partner |
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Line of Business : |
·
Retail sale of cosmetics and toilet
articles
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No. of Employees : |
Not Available |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
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MIRA’s Rating : |
B |
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Credit Rating |
Explanation |
Rating Comments |
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B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
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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
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Country Name |
Previous Rating (30.06.2017) |
Current Rating (30.09.2017) |
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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 Risk |
A2 |
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Moderately Low Risk |
B1 |
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Moderate Risk |
B2 |
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Moderately High Risk |
C1 |
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High Risk |
C2 |
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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 a large increase in 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. The German Government introduced a minimum wage in 2015 that increased to $9.79 (8.84 euros) in January 2017.
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 2017 Germany reached a budget surplus of 0.7%. 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 during 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 largely with renewable energy, which accounted for 29.5% of gross electricity consumption in 2016, 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. Domestic consumption, bolstered by low energy prices and a weak euro, and exports are likely to drive German GDP growth again in 2018.
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Source
: CIA |
Company
name and address
TEDi
GmbH & Co. KG
Brackeler Hellweg 301
D 44309 Dortmund
Telephone:0231/555770
Telefax:
0231/55577499
Homepage: www.tedi-discount.com
E-mail:
info@tedi-discount.com
Company
Status
Active
VAT no.
DE235015903
Tax ID
number
316/5878/0603
CONCLUSION
Business relations are permissible.
Company
summery
LEGAL FORM Ltd
partnership with priv. ltd. company as general partner
Date of foundation: 28.04.2004
Registered on: 24.09.2004
Register of
companies: Local
court 44135 Dortmund
under: HRA
15612
Total cap. contribution: EUR
13,000,000.00
Limited partner:
B. H. Holding GmbH
Edisonstr. 1
D 59199 Bönen
Legal form: Private
limited company
Share capital: EUR 125,000.00
Share: EUR 8,775,000.00
Registered on: 02.02.2012
Reg. data: 59065 Hamm,
HRB 7399
Limited partner:
Tengelmann Warenhandelsgesellschaft
KG
Wissollstr. 5-43
D 45478 Mülheim
Post Box:
10 20 53, D 45466 Mülheim
Legal form: Limited
partnership
Total cap. EUR 16,800,000.00
contribution:
Share: EUR 3,900,000.00
Registered on: 02.02.1903
Reg. data: 47051
Duisburg, HRA 8466
Limited
partner:
Karl-Erivan W. Haub
D 45478 Mülheim
born: 02.03.1960 in
Tacoma, Washington / USA
Share: EUR 260,000.00
Limited partner:
SB Holding GmbH
An den Emscherauen 67
D 44263 Dortmund
Legal form: Private
limited company
Share capital: EUR 25,000.00
Share: EUR 65,000.00
Registered on: 18.01.2008
Reg. data: 44135
Dortmund, HRB 20931
General partner:
TEDi Verwaltungs- und
Beteiligungs-GmbH
Brackeler Hellweg 301
D 44309 Dortmund
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered on: 29.07.2004
Reg. data: 44135 Dortmund, HRB 18380
Shareholder:
B. H. Holding GmbH
Edisonstr. 1
D 59199 Bönen
Legal form: Private
limited company
Share capital: EUR 125,000.00
Share: EUR 16,850.00
Registered on: 02.02.2012
Reg. data: 59065 Hamm,
HRB 7399
Shareholder:
Tengelmann Warenhandelsgesellschaft
KG
Wissollstr. 5-43
D 45478 Mülheim
Post Box:
10 20 53, D 45466 Mülheim
Legal form: Limited
partnership
Total cap. EUR 16,800,000.00
contribution:
Share: EUR 7,550.00
Registered on: 02.02.1903
Reg. data: 47051
Duisburg, HRA 8466
Shareholder:
Karl-Erivan W. Haub
D 45478 Mülheim
born: 02.03.1960 in
Tacoma, Washington / USA
Share: EUR 500.00
Shareholder:
SB Holding GmbH
An den Emscherauen 67
D 44263 Dortmund
Legal form: Private
limited company
Share capital: EUR 25,000.00
Share: EUR 100.00
Registered on: 18.01.2008
Reg. data: 44135
Dortmund, HRB 20931
Manager:
Silvan Wohlfarth
D 44623 Herne
born: 01.11.1971
Profession: Businessman
Manager:
Sascha Daniel Barenkau
D 44137 Dortmund
authorized to jointly
represent the company
born: 02.06.1974
Manager:
Markus Meier
Hollmannstr. 14c
D 44229 Dortmund
born: 29.08.1963
Manager:
Thorsten Klaus Beckers
Staustr. 12
D 26452 Sande
authorized to jointly
represent the company
born: 01.01.1967
Negative remark(s) regarding
Thorsten Klaus Beckers
Insolvency Proceedings
Local court : 26382 Wilhelmshaven
Trustee : Dr. Heiner Buß
Rechtsanwalt
Hauptstr. 143
D
26639 Wiesmoor
Tel. 04944/913299-0
File No : 10 IN 102/09
Application of : 12.05.2009
Order of
institution
of :
04.06.2009
Claims to be filed by :
07.08.2009
Creditors' meeting
- Date for pres. of
report on : 28.08.2009
- Date of hearing on : 30.04.2010
Insolvency
proceedings revoked
on :
15.03.2011
Exemptn of residual debt
- application of : 12.05.2009
- announcement of : 29.12.2010
- grant on : 09.07.2015
Proxy:
Jens Brüggemann
D 48147 Münster
authorized to jointly
represent the company
born: 24.08.1972
Profession: Controller
Proxy:
Celal Tursun
D 44309 Dortmund
authorized to jointly
represent the company
born: 24.07.1975
COMPANY
HISTORY
company name and legal form
25.09.2004 - 30.04.2009 TEDi GmbH & Co. KG
Heßlingsweg 44
D 44309 Dortmund
Ltd partnership with
priv. ltd. company
as general partner
16.06.2004 - 24.09.2004 TEDi GmbH & Co. KG
Siemensstr. 21
D 59199 Bönen
Ltd partnership with
priv. ltd. company
as general partner
BUSINESS
ACTIVITIES
Main industrial sector
47191
Retail sale of miscellaneous goods (except food)
47622
Retail sale of stationery and school and office supplies
4775
Retail sale of cosmetics and toilet articles
47799
Retail sale of other second-hand articles
BRANCHES
AND FACTORIES
Branch:
TEDi GmbH & Co. KG
Brackeler Hellweg 124 126
D 44309 Dortmund
Branch:
TEDi GmbH & Co. KG
Planetenfeldstr. 24-30
D 44149 Dortmund
Branch:
TEDi GmbH & Co. KG
Auf der Höhe 49
D 47059 Duisburg
Branch:
TEDi GmbH & Co. KG
Ebertstr. 20
D 45879 Gelsenkirchen
Branch:
TEDi GmbH & Co. KG
Hademareplatz 3
D 58675 Hemer
PARTICIPATIONS
Shareholder:
DLG Dortmunder Logistik
Gesellschaft mbH
Brackeler Hellweg 305
D 44309 Dortmund
Legal form: Private limited
company
Company Status: active
Share capital: EUR 50,000.00
Share: EUR 50,000.00
Reg. data: 21.04.2005
Local court 44135 Dortmund
HRB 18951
Shareholder:
TEDi Immobilien GmbH
Brackeler Hellweg 301
D 44309 Dortmund
Legal form: Private
limited company
Company Status: active
Share capital: EUR 25,000.00
Share: EUR 25,000.00
Reg. data: 04.04.2008
Local court
44135 Dortmund
HRB 21128
Shareholder:
Black.de
Verwaltungsgesellschaft mbH
Brackeler Hellweg 301
D 44309 Dortmund
Legal form: Private
limited company
Company Status: active
Share capital: EUR 25,000.00
Share: EUR 25,000.00
Reg. data: 27.04.2017
Local court
44135 Dortmund
HRB 29129
FINANCIAL
INFORMATION
Payment experience: Slow but Correct
Negative information: Negative information is known to us. We refer you to the legal
form data.
REAL ESTATE
Type of ownership: proprietor
Share: 100.00 %
Address Brackeler
Hellweg 301
D 44309 Dortmund
Type of real estate: factory building
Size: 125,000.00 sq.m
Real Estate of: TEDi
Verwaltungs- und Beteiligungs-GmbH
Type of ownership: Tenant
Address Brackeler
Hellweg 301
D 44309 Dortmund
Land register documents were not available.
BANKERS
Principal bank
COMMERZBANK VORMALS DRESDNER BANK, 44047
DORTMUND
Sort. code: 44080050, Account no.: 0114017600
BIC: DRESDEFF440, IBAN: DE31440800500114017600
Further banks
COMMERZBANK, 44047 DORTMUND
Sort. code: 44040037, Account no.: 340023100
BIC: COBADEFFXXX, IBAN: DE21440400370340023100
SPARKASSE DORTMUND, 44047 DORTMUND
Sort. code: 44050199
BIC: DORTDE33XXX
FINANCIAL
FIGURES
Financial year: 01.05. - 30.04.
The
number of employees is not known.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
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US Dollar |
1 |
INR 64.28 |
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|
1 |
INR 89.02 |
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Euro |
1 |
INR 78.89 |
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Euro |
1 |
INR 79.45 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
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Analysis Done by
: |
VAR |
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Report Prepared
by : |
TRU |
RATING EXPLANATIONS
|
Credit Rating |
Explanation |
Rating Comments |
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A++ |
Minimum Risk |
Business dealings permissible with minimum
risk of default |
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A+ |
Low Risk |
Business dealings permissible with low
risk of default |
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A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
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B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
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C |
Medium High Risk |
Business dealings permissible preferably
on secured basis |
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D |
High Risk |
Business dealing not recommended or on
secured terms only |
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NB |
New Business |
No recommendation can be done due to
business in infancy stage |
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NT |
No Trace |
No recommendation can be done as the
business is not traceable |
NB is stated where there is insufficient information to facilitate rating. However, it is not to be considered as unfavourable.
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 are as follows:
·
Financial
condition covering various ratios
·
Company
background and operations size
·
Promoters
/ Management background
·
Payment
record
·
Litigation
against the subject
·
Industry
scenario / competitor analysis
·
Supplier
/ Customer / Banker review (wherever available)
This report is issued at
your request without any risk and responsibility on the part of MIRA INFORM
PRIVATE LIMITED (MIPL) or its officials.