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MIRA INFORM REPORT
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Report No. : |
483224 |
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Report Date : |
01.01.2018 |
IDENTIFICATION DETAILS
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Name : |
BINDER DEHYDRATION GMBH |
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Registered Office : |
Zeppelinstr. 4, D 85399 Hallbergmoos |
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Country : |
Germany |
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Date of Incorporation : |
13.01.2016 |
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Com. Reg. No.: |
HRB 223149 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
· Manufacture of other general-purpose machinery ·
Wholesale of other machinery ·
Wholesale of other equipment and accessories for
machinery and technical supplies |
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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 |
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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 2016 Germany reached a budget surplus of 0.6%. 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 2017.
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Source
: CIA |
Company
name & address
BINDER DEHYDRATION GMBH
Company Status: active
Zeppelinstr. 4
D 85399 Hallbergmoos
Telephone:08161/96810
Telefax: 08161/968111
Homepage: www.binder-dehydration.de
E-mail: info@binder-dehydration.de
VAT no.: DE304946596
LEGAL FORM Private
Limited Company
Date of foundation: 13.01.2016
Shareholders'
agreement: 13.01.2016
Registered on: 19.01.2016
Commercial Register: Local court 80333 München
under: HRB 223149
Share capital:
EUR 200,000.00
Shareholder:
Mono Holding
AG
CH
Zug
Legal form:
Other legal form
Share: EUR 200,000.00
Manager:
Alfred Hoen
Eschenweg 26
D 85399
Hallbergmoos
born: 22.12.1958
Manager:
Martin
Sturzenegger
CH Bassersdorf
having sole
power of representation
born:
16.09.1953
Nationality:
Swiss
Proxy:
Gérard Ernst
Appel
CH Rohrschacherberg
authorized to
jointly represent the company
born:
02.07.1967
Nationality:
Swiss
Further functions/participations of Alfred Hoen (Manager)
Shareholder:
INAP GmbH
Industrie-Anlagen- Planung
Eschenweg 26
D 85399
Hallbergmoos
Legal form:
Private limited company
Share
capital: EUR 30,000.00
Share: EUR 10,251.00
Registered
on: 24.08.1993
Reg.
data: 80333 München, HRB 103452
Manager:
Hans Binder
Maschinenbau GmbH
Isarstr. 8
D 85417
Marzling
Legal form:
Private limited company
insolvent
Share capital: EUR 378,430.00
Registered
on: 13.07.1983
Reg.
data: 80333 München, HRB 71213
Manager:
INAP GmbH
Industrie-Anlagen- Planung
Eschenweg 26
D 85399
Hallbergmoos
Legal form:
Private limited company
Share
capital: EUR 30,000.00
Registered
on: 24.08.1993
Reg.
data: 80333 München, HRB 103452
COMPANY
HISTORY
company name and legal form
30.01.2016 - 14.07.2016 Binder
Dehydration GmbH
Isarstr.
8
D 85417
Marzling
Private limited company
19.01.2016 - 29.01.2016 Blitz
16-262 GmbH
Theresienhöhe 30
D 80339
München
Private
limited company
RESIGNED
ACTING PERSONS AND SHAREHOLDERS
22.01.2016 - 29.01.2016 Manager
Katja
Gogalla
Sandrartstr. 27
D 80687
München
22.01.2016 - 29.01.2016 Manager
Randi
Mette Selnes
Westendstr. 89
D 80339
München
BUSINESS
ACTIVITIES
Main industrial sector
28290 Manufacture of other
general-purpose machinery
46692 Wholesale of other
machinery
46693 Wholesale of other equipment
and accessories for machinery and technical supplies
FINANCIAL
INFORMATION
Payment experience: Slow
Negative information: We have no negative information at hand.
PMI: No significant
/ relevant payment experience
information pertaining to the company
inquired upon
is shown in the Deutscher
Debitoren
Monitor (DDMonitor).
Events Index: 1
At present,
NO events are known.
The Events Index indicates if any
particular
events have
occurred, such as e.g. a
relocation of
registered office or a change
within
management. On the basis of number,
relevance and up-to-dateness of the events
an index
value ranging from 1 (no events) to
5 is
calculated. Companies showing a
particularly
large number of events receive
the index 6.
REAL
ESTATE
Type of ownership: Tenant
Address Zeppelinstr.
4
D 85399
Hallbergmoos
Land register documents were not available.
BANKERS
A bank connection is unknown.
FINANCIAL
FIGURES
Financial year: 19.01. -
31.12.
Share capital:
EUR 200,000.00
The number of employees is not known.
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
INR 63.93 |
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1 |
INR 86.07 |
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Euro |
1 |
INR 76.39 |
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EUR |
1 |
INR 76.63 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
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Analysis Done by
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NIY |
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Report Prepared
by : |
TPT |
RATING EXPLANATIONS
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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
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Promoters
/ Management background
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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.