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3decades

 

MIRA INFORM REPORT

 

 

Report No. :

493459

Report Date :

23.02.2018

 

 

 

IDENTIFICATION DETAILS

 

Name :

RDB PLASTICS GMBH

 

 

Registered Office :

Nortorfer Str. 2, D 24613 Aukrug

 

 

Country :

Germany

 

 

Date of Incorporation :

31.07.2000

 

 

Com. Reg. No.:

HRB 12402 KI

 

 

Legal Form :

Private limited company

 

 

Line of Business :

·         Collection of non-hazardous waste

·         Recovery of sorted materials

·         Wholesale of waste and scrap

 

 

No. of Employees :

Not Available

 

 

RATING & COMMENTS

(Mira Inform has adopted New Rating mechanism w.e.f. 23rd January 2017)

 

MIRA’s Rating :

B

 

Credit Rating

Explanation

Rating Comments

B

Medium Risk

Business dealings permissible on a regular monitoring basis

 

Status :

Moderate

 

 

Payment Behaviour :

Unknown

 

 

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

 

Country Name

Previous Rating

(30.09.2017)

Current Rating

(31.12.2017)

Germany

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low Risk

 

A2

Moderately Low Risk

 

B1

Moderate Risk

 

B2

Moderately High Risk

 

C1

High Risk

 

C2

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.

 

Source : CIA

 


Company Name And Address

 

Report on:           RDB plastics GmbH

Nortorfer Str. 2

D 24613 Aukrug

Telephone:04873/20340

 

Company Status:      active

                     

 VAT no.:             DE814406484

 Tax ID number:       19 292 28785

 

 CONCLUSION

 We cannot give an opinion as to the granting of a credit in this

 particular case. Business relations require suitable securities.

 

 

Company Summery

 

 LEGAL FORM              Private limited company

 Date of foundation:      31.07.2000

 Begin of business

 activities:                                  31.07.2000

 Shareholders'

 agreement:                   31.07.2000

 Registered on:              01.03.2001

 Commercial Register:   Local court 24114 Kiel

 under:                          HRB 12402 KI

 

 Share capital:                          EUR            200,000.00

 

 Shareholder:

                      ALBA International Recycling GmbH

                      Knesebeckstr. 56-58

                      D 10719 Berlin

                      Legal form: Private limited company

                      Share capital:     EUR             25,000.00

                      Share:             EUR            200,000.00

                      Registered on: 20.09.2016

                      Reg. data: 14057 Berlin, HRB 180142 B

 Manager:

                      Peter Maerz

                      Drossener Str. 56

                      D 13053 Berlin

                      authorized to jointly represent the company

                      born: 27.02.1964

 Manager:

                      Stephan Schwarz

                      D 10115 Berlin

                      born: 21.03.1965

 Proxy:

                      Carsten Schipper

                      Iserlohner Str. 10

                      D 28199 Bremen

                      authorized to jointly represent the company

                      born: 10.10.1962

                      Marital status: married

 Proxy:

                      Ralf Rzeppa

                      Schloßberg 4

                      D 23714 Malente

                      authorized to jointly represent the company

                      born: 05.09.1964

 Proxy:

                      Min Hou

                      D 24103 Kiel

                      authorized to jointly represent the company

                      born: 20.11.1978

 Proxy:

                      Christoph Bokelmann

                      D 20146 Hamburg

                      authorized to jointly represent the company

                      born: 20.09.1984

 Proxy:

                      Jörg Lomoth

                      D 44787 Bochum

                      authorized to jointly represent the company

                      born: 01.06.1976

 

 Further functions/participations of Stephan Schwarz (Manager)

 Manager:

                      ALBA International Recycling GmbH

                      Knesebeckstr. 56-58

                      D 10719 Berlin

                      Legal form: Private limited company

                      Share capital:     EUR             25,000.00

                      Registered

                      on:         20.09.2016

                      Reg. data:  14057 Berlin, HRB 180142 B

 Manager:

                      ALBA Wertstoffmanagement GmbH

                      Franz-Josef-Schweitzer-Platz 1

                      D 16727 Velten

                      Legal form: Private limited company

                      Share capital:     EUR             25,000.00

                      Registered

                      on:         24.08.2009

                      Reg. data:  14057 Berlin, HRB 121577 B

 Manager:

                      Abwicklungsgesellschaft EP Verwertungscenter

                      GmbH

                      Pleetzer Weg 3

                      D 17098 Friedland

                      Legal form: Private limited company

                                  dissolved by official decree

                      Share capital:     EUR             26,000.00

                      Registered

                      on:         18.12.2006

                      Reg. data:  17033 Neubrandenburg, HRB 6653

 

 

COMPANY HISTORY

 

 company name and legal form

 22.06.2005 - 10.11.2010  ISR INTERSEROH Rohstoffe GmbH

                          Stollwerckstr. 9a

                          D 51149 Köln

                          Private limited company

 23.03.2005 - 22.06.2005  INTERSEROH Rohstoffe GmbH

                          Stollwerckstr. 9a

                          D 51149 Köln

                          Private limited company

 05.11.2004 - 23.03.2005  IS Fünfte Vermögensverwaltung GmbH

                          Emsstr. 29

                          D 26382 Wilhelmshaven

                          Private limited company

 22.05.2001 - 05.11.2004  INTERSEROH Jade-Stahl Verwaltungs GmbH

                          Emsstr. 29

                          D 26382 Wilhelmshaven

                          Private limited company

 31.07.2000 - 22.05.2001  INTERSEROH Jade-Stahl Verwaltungs GmbH

                          D 50667 Köln

                          Private limited company

 

 

BUSINESS ACTIVITIES

 

 Main industrial sector

 38110   Collection of non-hazardous waste

38320   Recovery of sorted materials

46770   Wholesale of waste and scrap

52291   Forwarding agency

 

 

BRANCHES AND FACTORIES

 

 Works:

                      RDB plastics GmbH

                      Dr.-Wilhelm-Feit-Str. 30

                      D 06449 Aschersleben

                      TEL.: 03473/225-684

 Branch:

                      RDB plastics GmbH

                      Weißensteinstr. 200

                      D 46147 Oberhausen

                      TEL.: 0208/3020480

 Branch:

                      RDB plastics GmbH

                      Mainstr. 6

                      D 24539 Neumünster

                      TEL.: 04873/2034-116

 Branch:

                      RDB plastics GmbH

                      Stollwerckstr. 9a

                      D 51149 Köln

                      TEL.: 02203/9147-0

 

 

FINANCIAL INFORMATION

 

 Payment experience:  Unknown

 

 Negative information:We have no negative information at hand.

 

 

REAL ESTATE

 

 Type of ownership:   Tenant

 Address              Nortorfer Str. 2

                      D 24613 Aukrug

 

 Land register documents were not available.

 

 

 BANKERS

 

 COMMERZBANK, 50447 KÖLN

 Sort. code: 37040044

 BIC: COBADEFFXXX

 COMMERZBANK, 24503 NEUMÜNSTER

 Sort. code: 21240040

 BIC: COBADEFFXXX

 

 

FINANCIAL FIGURES

 

 Financial year:      01.01. - 31.12.

 Share capital:                          EUR            200,000.00

 The number of employees is not known.


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

INR 65.05

UK Pound

1

INR 90.41

Euro

1

INR 79.82

Euro

1

INR 79.71

 

Note : Above are approximate rates obtained from sources believed to be correct

 

 

INFORMATION DETAILS

 

Analysis Done by :

VAR

 

 

Report Prepared by :

KET

                                                


 

RATING EXPLANATIONS

 

Credit Rating

Explanation

Rating Comments

A++

Minimum Risk

Business dealings permissible with minimum risk of default

A+

Low Risk

Business dealings permissible with low risk of default

A

Acceptable Risk

Business dealings permissible with moderate risk of default

B

Medium Risk

Business dealings permissible on a regular monitoring basis

C

Medium High Risk

Business dealings permissible preferably on secured basis

D

High Risk

Business dealing not recommended or on secured terms only

NB

New Business

No recommendation can be done due to business in infancy stage

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)

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.