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MIRA INFORM REPORT
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Report No. : |
485046 |
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Report Date : |
13.01.2018 |
IDENTIFICATION DETAILS
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Name : |
ZLABELS GMBH |
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Registered Office : |
Neue Bahnhofstr. 11-17, D 10245 Berlin |
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Country : |
Germany |
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Financials (as on) : |
31.12.2015 |
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Date of Incorporation : |
16.11.2009 |
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Com. Reg. No.: |
HRB 123975 B |
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Legal Form : |
Private limited company |
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Line of Business : |
·
Manufacture of other wearing apparel and accessories
n.e.c. ·
Wholesale of textiles ·
Wholesale of footwear ·
Retail sale of clothing |
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No. of Employees : |
351 |
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
|
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 and address
Report on: zLabels GmbH
Company Status: active
Neue Bahnhofstr. 11-17
D 10245 Berlin
Telephone: 030/200088520
Telefax: 030/40500736
Homepage: www.zlabels.de
E-mail: info@zlabels.de
VAT no.: DE270699778
Tax ID number: 37/125/21776
Company
summary
Legal Form Private limited company
Date of foundation: 16.11.2009
Shareholders'
agreement: 16.11.2009
Registered on: 06.01.2010
Commercial Register: Local court 14057 Berlin
under: HRB 123975 B
Share capital: EUR 25,000.00
Shareholder:
Zalando SE
Tamara-Danz-Str. 1
D 10243 Berlin
Legal form: European Company (SE)
Share capital: EUR 247,384,898.00
Share: EUR 25,000.00
Registered on: 28.05.2014
Reg. data: 14057 Berlin, HRB 158855 B
Negative remark(s) regarding
Zalando SE
Debt collection monitoring:
Amount last entry:
1 02.10.2017
EUR 159.18
Manager:
Christian Thomas Baier
Cunostr. 69a
D 14199 Berlin
born: 29.12.1979
Manager:
David Schneider
Fürstenberger Str. 12
D 10435 Berlin
having sole power of representation
born: 29.07.1982
Profession: Businessman
Marital status: unknown
Manager:
Robert Gentz
Leipziger Str. 103
D 10117 Berlin
having sole power of representation
born: 24.09.1983
Profession: Businessman
Marital status: unknown
Manager:
Jan Wilmking
Arkonaplatz 10
D 10435 Berlin
born: 31.01.1979
Marital status: unknown
Further functions/participations of Christian Thomas Baier
(Manager)
Shareholder:
Musketeers Invest UG (haftungsbeschränkt)
Arkonaplatz 10
D 10435 Berlin
Legal form: Entrepreneur Company (limited
liability)
Share capital: EUR 3,000.00
Share: EUR 1,000.00
Registered
on: 21.01.2016
Reg. data: 14057 Berlin, HRB 173687 B
Manager:
zLabels LP GmbH
Neue Bahnhofstr. 11-17
D 10245 Berlin
Legal form: Private limited company
Share capital: EUR 25,000.00
Registered
on: 10.02.2017
Reg. data: 14057 Berlin, HRB 183949 B
Further functions/participations of David Schneider (Manager)
Limited partner:
La Plata Real Estate GmbH & Co. KG
Am Schweizer Garten 78
D 10407 Berlin
Legal form: Ltd partnership with priv. ltd.
company as general partner
Total cap. EUR 1,000.00
contribution:
Share: EUR 1,000.00
Registered
on: 04.11.2013
Reg. data: 14057 Berlin, HRA 48809 B
Limited partner:
Hamburger Platz Immobilien GmbH & Co. KG
Am Zirkus 2
D 10117 Berlin
Legal form: Ltd partnership with priv. ltd.
company as general partner
Total cap. EUR 3,000.00
contribution:
Share: EUR 1,000.00
Registered
on: 04.04.2016
Reg. data: 14057 Berlin, HRA 52095 B
Limited partner:
Kiefholzstraße Immobilien GmbH & Co. KG
Am Zirkus 2
D 10117 Berlin
Legal form: Ltd partnership with priv. ltd.
company as general partner
Total cap. EUR 3,000.00
contribution:
Share: EUR 1,000.00
Registered
on: 14.03.2016
Reg. data: 14057 Berlin, HRA 52024 B
Limited partner:
Maronen Grundstücks GmbH & Co. KG
Am Schweizer Garten 78
D 10407 Berlin
Legal form: Ltd partnership with priv. ltd.
company as general partner
Total cap. EUR 2,000.00
contribution:
Share: EUR 1,000.00
Registered
on: 02.12.2013
Reg. data: 14057 Berlin, HRA 48925 B
Shareholder:
La Plata GmbH
Willy-Brandt-Platz 2
D 12529 Schönefeld
Legal form: Private limited company
Share capital: EUR 26,000.00
Share: EUR 26,000.00
Registered
on: 29.01.2013
Reg. data: 03044 Cottbus, HRB 10922 CB
Shareholder:
La Plata Real Estate Verwaltungs GmbH
Am Schweizer Garten 78
D 10407 Berlin
Legal form: Private limited company
Share capital: EUR 25,000.00
Share: EUR 25,000.00
Registered
on: 05.08.2013
Reg. data: 14057 Berlin, HRB 151856 B
Shareholder:
Maronen Grundstücks Verwaltungs GmbH
Am Schweizer Garten 78
D 10407 Berlin
Legal form: Private limited company
Share capital: EUR 25,000.00
Share: EUR 12,500.00
Registered
on: 16.10.2013
Reg. data: 14057 Berlin, HRB 153428 B
Shareholder:
aptus 1057. GmbH
Am Zirkus 2
D 10117 Berlin
Legal form: Private limited company
Share capital: EUR 25,000.00
Share: EUR 10,000.00
Registered
on: 24.02.2016
Reg. data: 14057 Berlin, HRB 174627 B
Manager:
Maronen Grundstücks Verwaltungs GmbH
Am Schweizer Garten 78
D 10407 Berlin
Legal form: Private limited company
Share capital: EUR 25,000.00
Registered
on: 16.10.2013
Reg. data: 14057 Berlin, HRB 153428 B
Manager:
La Plata GmbH
Willy-Brandt-Platz 2
D 12529 Schönefeld
Legal form: Private limited company
Share capital: EUR 26,000.00
Registered
on: 29.01.2013
Reg. data: 03044 Cottbus, HRB 10922 CB
Member of the Board of Directors:
Zalando SE
Tamara-Danz-Str. 1
D 10243 Berlin
Legal form: European Company (SE)
Share capital: EUR 247,384,898.00
Registered
on: 28.05.2014
Reg. data: 14057 Berlin, HRB 158855 B
Further functions/participations of Robert Gentz (Manager)
Limited partner:
Hamburger Platz Immobilien GmbH & Co. KG
Am Zirkus 2
D 10117 Berlin
Legal form: Ltd partnership with priv. ltd.
company as general partner
Total cap. EUR 3,000.00
contribution:
Share: EUR 1,000.00
Registered
on: 04.04.2016
Reg. data: 14057 Berlin, HRA 52095 B
Limited partner:
Kiefholzstraße Immobilien GmbH & Co. KG
Am Zirkus 2
D 10117 Berlin
Legal form: Ltd partnership with priv. ltd.
company as general partner
Total cap. EUR 3,000.00
contribution:
Share: EUR 1,000.00
Registered
on: 14.03.2016
Reg. data: 14057 Berlin, HRA 52024 B
Limited partner:
Maronen Grundstücks GmbH & Co. KG
Am Schweizer Garten 78
D 10407 Berlin
Legal form: Ltd partnership with priv. ltd.
company as general partner
Total cap. EUR 2,000.00
contribution:
Share: EUR 1,000.00
Registered
on: 02.12.2013
Reg. data: 14057 Berlin, HRA 48925 B
Limited partner:
Manoa Real Estate GmbH & Co. KG
Auguststr. 62
D 10117 Berlin
Legal form: Ltd partnership with priv. ltd.
company as general partner
Total cap. EUR 1,000.00
contribution:
Share: EUR 1,000.00
Registered
on: 01.07.2013
Reg. data: 14057 Berlin, HRA 48344 B
Shareholder:
Celeus GmbH
Willy-Brandt-Platz 2
D 12529 Schönefeld
Legal form: Private limited company
Share capital: EUR 26,000.00
Share: EUR 26,000.00
Registered
on: 29.01.2013
Reg. data: 03044 Cottbus, HRB 10921 CB
Shareholder:
Manoa Real Estate Verwaltungs GmbH
Auguststr. 62
D 10117 Berlin
Legal form: Private limited company
Share capital: EUR 25,000.00
Share: EUR 25,000.00
Registered
on: 29.05.2013
Reg. data: 14057 Berlin, HRB 150183 B
Shareholder:
Maronen Grundstücks Verwaltungs GmbH
Am Schweizer Garten 78
D 10407 Berlin
Legal form: Private limited company
Share capital: EUR 25,000.00
Share: EUR 12,500.00
Registered
on: 16.10.2013
Reg. data: 14057 Berlin, HRB 153428 B
Shareholder:
aptus 1057. GmbH
Am Zirkus 2
D 10117 Berlin
Legal form: Private limited company
Share capital: EUR 25,000.00
Share: EUR 10,000.00
Registered
on: 24.02.2016
Reg. data: 14057 Berlin, HRB 174627 B
Shareholder:
GeRo Fashion Commerce UG
(haftungsbeschränkt)
Tamara-Danz-Str. 1
D 10243 Berlin
Legal form: Entrepreneur Company (limited
liability)
Share capital: EUR 1.00
Share: EUR 1.00
Registered
on: 19.10.2010
Reg. data: 14057 Berlin, HRB 129735 B
Manager:
Manoa Real Estate Verwaltungs GmbH
Auguststr. 62
D 10117 Berlin
Legal form: Private limited company
Share capital: EUR 25,000.00
Registered
on: 29.05.2013
Reg. data: 14057 Berlin, HRB 150183 B
Manager:
ifansho Holding GmbH
Tamara-Danz-Str. 1
D 10243 Berlin
Legal form: Private limited company
Share capital: EUR 25,000.00
Registered
on: 19.11.2015
Reg. data: 14057 Berlin, HRB 172113 B
Manager:
Celeus GmbH
Willy-Brandt-Platz 2
D 12529 Schönefeld
Legal form: Private limited company
Share capital: EUR 26,000.00
Registered
on: 29.01.2013
Reg. data: 03044 Cottbus, HRB 10921 CB
Manager:
Fashion Connectivity Technologies GmbH
Tamara-Danz-Str. 1
D 10243 Berlin
Legal form: Private limited company
Share capital: EUR 25,000.00
Registered
on: 17.04.2015
Reg. data: 14057 Berlin, HRB 166337 B
Manager:
GeRo Fashion Commerce UG
(haftungsbeschränkt)
Tamara-Danz-Str. 1
D 10243 Berlin
Legal form: Entrepreneur Company (limited
liability)
Share capital: EUR 1.00
Registered
on: 19.10.2010
Reg. data: 14057 Berlin, HRB 129735 B
Manager:
Zalando Fashion Entrepreneurs GmbH
Tamara-Danz-Str. 1
D 10243 Berlin
Legal form: Private limited company
Share capital: EUR 25,000.00
Registered
on: 17.12.2012
Reg. data: 14057 Berlin, HRB 146657 B
Manager:
Manoa Ventures GmbH
Willy-Brandt-Platz 2
D 12529 Schönefeld
Legal form: Private limited company
Share capital: EUR 25,000.00
Registered
on: 29.10.2013
Reg. data: 03044 Cottbus, HRB 11310 CB
Manager:
Zalando Outlets GmbH
Köpenicker Str. 20
D 10997 Berlin
Legal form: Private limited company
Share capital: EUR 26,000.00
Registered
on: 14.10.2013
Reg. data: 14057 Berlin, HRB 153374 B
Manager:
Zalando Lounge Service GmbH
Zeughofstr. 1
D 10997 Berlin
Legal form: Private limited company
Share capital: EUR 25,000.00
Registered
on: 14.10.2013
Reg. data: 14057 Berlin, HRB 153385 B
Member of the Board of Directors:
Zalando SE
Tamara-Danz-Str. 1
D 10243 Berlin
Legal form: European Company (SE)
Share capital: EUR 247,384,898.00
Registered
on: 28.05.2014
Reg. data: 14057 Berlin, HRB 158855 B
Further functions/participations of Jan Wilmking (Manager)
Shareholder:
Musketeers Invest UG (haftungsbeschränkt)
Arkonaplatz 10
D 10435 Berlin
Legal form: Entrepreneur Company (limited
liability)
Share capital: EUR 3,000.00
Share: EUR 1,000.00
Registered
on: 21.01.2016
Reg. data: 14057 Berlin, HRB 173687 B
Shareholder:
Planet Nine Holding UG (haftungsbeschränkt)
Schlegelstr. 9
D 10115 Berlin
Legal form: Entrepreneur Company (limited
liability)
Share capital: EUR 150.00
Share: EUR 150.00
Registered
on: 23.07.2013
Reg. data: 14057 Berlin, HRB 151544 B
Manager:
Musketeers Invest UG (haftungsbeschränkt)
Arkonaplatz 10
D 10435 Berlin
Legal form: Entrepreneur Company (limited
liability)
Share capital: EUR 3,000.00
Registered
on: 21.01.2016
Reg. data: 14057 Berlin, HRB 173687 B
Manager:
zLabels LP GmbH
Neue Bahnhofstr. 11-17
D 10245 Berlin
Legal form: Private limited company
Share capital: EUR 25,000.00
Registered
on: 10.02.2017
Reg. data: 14057 Berlin, HRB 183949 B
Manager:
Planet Nine Holding UG (haftungsbeschränkt)
Schlegelstr. 9
D 10115 Berlin
Legal form: Entrepreneur Company (limited
liability)
Share capital: EUR 150.00
Registered
on: 23.07.2013
Reg. data: 14057 Berlin, HRB 151544 B
COMPANY
HISTORY
company name and legal form
20.09.2012 - 26.04.2013 zLabels GmbH
Unter den Linden 21
D 10117 Berlin
Private limited company
14.05.2012 - 20.09.2012 zLabels GmbH
Johannisstr. 20
D 10117 Berlin
Private limited company
09.03.2011 - 14.05.2012 zLabels GmbH
Kopenhagener Str. 57
D 10437 Berlin
Private limited company
06.01.2010 - 09.03.2011 Zign GmbH
Zinnowitzer Str. 1
D 10115 Berlin
Private limited company
BUSINESS
ACTIVITIES
Main industrial sector
1419 Manufacture of other wearing apparel and accessories n.e.c.
4641 Wholesale of textiles
46422 Wholesale of footwear
4771 Retail sale of clothing
BRANCHES
AND FACTORIES
Branch:
zLabels GmbH
Johannisstr. 20-21
D 10117 Berlin
TEL.: 030/200088520
PARTICIPATIONS
General partner:
zLabels Platform Services GmbH & Co. KG
Neue Bahnhofstr. 11-17
D 10245 Berlin
Legal form: Ltd partnership with priv. ltd.
company as general partner
Company Status: active
Total cap. EUR 100.00
contribution:
Reg. data: 06.04.2017
Local court 14057 Berlin
HRA 53447 B
General partner:
zLabels Creation & Sales GmbH & Co. KG
Neue Bahnhofstr. 11-17
D 10245 Berlin
Legal form: Ltd partnership with priv. ltd.
company as general partner
Company Status: active
Total cap. EUR 100.00
contribution:
Reg. data: 07.04.2017
Local court 14057 Berlin
HRA 53451 B
Shareholder:
zLabels LP GmbH
Neue Bahnhofstr. 11-17
D 10245 Berlin
Legal form: Private limited company
Company Status: active
Share capital: EUR 25,000.00
Share: EUR 25,000.00
Reg. data: 10.02.2017
Local court 14057 Berlin
HRB 183949 B
FINANCIAL
INFORMATION
Payment experience: Slow
Negative information: Negative information is known to us. We refer you to the legal form data.
Balance sheet year: 2015
REAL
ESTATE
Type of
ownership: Tenant
Address Neue Bahnhofstr. 11-17
D 10245 Berlin
Real Estate of: Christian Thomas Baier
Type of
ownership: Tenant
Address Cunostr. 69a
D 14199 Berlin
Real Estate of: David Schneider
Type of
ownership: unknown
Address Fürstenberger Str. 12
D 10435 Berlin
Real Estate of: Robert Gentz
Type of
ownership: Tenant
Address Leipziger Str. 103
D 10117 Berlin
Land register documents were not available.
BANKERS
A bank connection is unknown.
FINANCIAL
FIGURES
Turnover: 2016 EUR 31,000,000.00
Equipment: EUR 99,299.00
Ac/ts
receivable:
EUR 3,821,667.00
Liabilities: EUR 5,461,980.00
Employees:
351
BALANCE
SHEETS
Balance sheet ratios
01.01.2015 - 31.12.2015
Equity ratio
[%]: -47.88
Liquidity
ratio: 10.00
Return on total
capital [%]: 30.18
Balance sheet ratios
01.01.2014 - 31.12.2014
Equity ratio
[%]: -29.93
Liquidity
ratio: 10.00
Return on total
capital [%]: 28.94
Balance sheet ratios
01.01.2013 - 31.12.2013
Equity ratio
[%]: 15.83
Liquidity
ratio: 10.00
Return on total
capital [%]: 89.22
Balance sheet ratios
01.01.2012 - 31.12.2012
Equity ratio
[%]: -41.08
Liquidity
ratio: 10.00
Return on total
capital [%]: -372.56
Equity ratio
The equity ratio indicates the portion of the equity as compared to the total capital. The higher the equity ratio, the better the economic stability (solvency) and thus the financial autonomy of a company.
Liquidity ratio
The liquidity ratio shows the proportion between adjusted receivables and net liabilities. The higher the ratio, the lower the company's financial dependancy from external creditors.
Return on total capital
The return on total capital shows the efficiency and return on the total capital employed in the company. The higher the return on total capital, the more economically does the company work with the invested capital.
Type of balance
sheet: Company balance sheet
Origin of the
present balance sheet: electronic German Federal Gazette
Financial year: 01.01.2015
- 31.12.2015
ASSETS EUR 8,485,470.73
Fixed assets EUR 103,186.69
Intangible assets EUR 833.00
Concessions, licences, rights EUR 833.00
Tangible assets EUR 99,299.00
Other tangible assets / fixtures and
fittings EUR 99,299.00
Financial assets EUR 3,054.69
Shares in participations /
subsidiaries and the like EUR 3,054.69
Shares in related companies EUR 3,054.69
Current assets EUR 6,296,681.84
Stocks EUR
662,408.37
Finished goods / work in progress EUR 662,408.37
Accounts receivable EUR 3,821,666.72
Trade debtors EUR 9,297.14
Amounts due from related companies EUR
3,802,309.90
Other debtors and assets EUR 10,059.68
Liquid means EUR 1,812,606.75
Remaining other assets EUR 2,085,602.20
Accruals (assets) EUR 1,158.39
Deferred taxes (assets) EUR 579,000.00
Deficit not covered by shareholders'
equity EUR 1,505,443.81
LIABILITIES EUR 8,485,470.73
Shareholders' equity EUR 0.00
Capital EUR 25,000.00
Subscribed capital (share capital) EUR 25,000.00
Balance sheet profit/loss (+/-) EUR -1,530,443.81
Profit / loss brought forward EUR -2,355,700.28
Annual surplus / annual deficit EUR 825,256.47
Provisions EUR 3,023,491.07
Provisions for taxes EUR 39,400.00
Other / unspecified provisions EUR 2,984,091.07
Liabilities EUR 5,461,979.66
Other liabilities EUR 5,461,979.66
Trade creditors (for IAS incl. bills
of exchange) EUR 791,771.08
Liabilities due to shareholders EUR 4,442,281.06
Unspecified other liabilities EUR 227,927.52
thereof liabilities from tax /
financial authorities EUR 215,281.91
thereof liabilities from social
security EUR 11,047.90
PROFIT AND LOSS
ACCOUNT (cost-summary method) according to Comm.
Code (HGB)
Sales
EUR 30,990,523.07
Other operating income EUR 1,156,710.46
Cost of materials EUR 583,068.87
Raw materials and supplies, purchased
goods EUR 583,068.87
Gross result (+/-) EUR 31,564,164.66
Staff expenses EUR 16,180,655.73
Wages and salaries EUR 13,679,992.95
Social security contributions and
expenses for pension plans and
benefits EUR 2,500,662.78
Total depreciation EUR 29,965.09
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus. EUR 29,965.09
Other operating expenses EUR 14,048,952.51
Operating result from continuing
operations EUR 1,304,591.33
Interest result (+/-) EUR -76,935.22
Interest and similar expenses EUR 76,935.22
thereof paid to related companies EUR 75,753.11
Financial result (+/-) EUR -76,935.22
Result from ordinary operations (+/-) EUR
1,227,656.11
Income tax / refund of income tax
(+/-)EUR -402,399.64
Tax (+/-) EUR -402,399.64
Annual surplus / annual deficit EUR 825,256.47
Type of balance
sheet: Company balance sheet
Origin of the
present balance sheet: electronic German Federal Gazette
Financial year: 01.01.2014
- 31.12.2014
ASSETS EUR 7,093,131.65
Fixed assets EUR 107,005.28
Intangible assets EUR 3,950.00
Concessions, licences, rights EUR 3,950.00
Tangible assets EUR 103,055.28
Other tangible assets / fixtures and
fittings EUR 96,907.00
Advance payments made / construction
in progress EUR 6,148.28
Current assets EUR 3,699,857.39
Accounts receivable EUR 2,459,896.66
Amounts due from shareholders EUR 2,368,375.90
Trade debtors EUR 63,714.98
Other debtors and assets EUR 27,805.78
Liquid means EUR 1,239,960.73
Remaining other assets EUR 3,286,268.98
Accruals (assets) EUR 13,568.70
Deferred taxes (assets) EUR 942,000.00
Deficit not covered by shareholders'
equity EUR 2,330,700.28
LIABILITIES EUR 7,093,131.65
Shareholders' equity EUR 0.00
Capital EUR 25,000.00
Subscribed capital (share capital) EUR 25,000.00
Balance sheet profit/loss (+/-) EUR -2,355,700.28
Profit / loss brought forward EUR -2,775,956.74
Annual surplus / annual deficit EUR 420,256.46
Other shareholders' equity (+/-) EUR 2,330,700.28
General partners' share in the loss
not covered by capital contributions
EUR 2,330,700.28
Provisions EUR 1,403,289.76
Other / unspecified provisions EUR 1,403,289.76
Liabilities EUR 5,689,841.89
Other liabilities EUR 5,689,841.89
Trade creditors (for IAS incl. bills
of exchange) EUR 290,587.17
Liabilities due to shareholders EUR 5,206,481.12
Unspecified other liabilities EUR
192,773.60
thereof liabilities from tax /
financial authorities EUR 185,223.11
Guarantees and other commitments EUR 233,887,000.00
Liability from creation of a security
interest for third parties EUR 33,887,000.00
Liabilities under loans on a trust
basis EUR 200,000,000.00
PROFIT AND LOSS
ACCOUNT (cost-summary method) according to Comm.
Code (HGB)
Sales EUR
21,653,138.08
Other operating income EUR 277,160.14
Gross result (+/-) EUR 21,930,298.22
Staff expenses EUR 12,932,611.20
Wages and salaries EUR 10,994,364.13
Social security contributions and
expenses for pension plans and
benefits EUR 1,938,247.07
Total depreciation EUR 33,869.21
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus. EUR 33,869.21
Other operating expenses EUR 8,417,906.83
Operating result from continuing
operations EUR 545,910.98
Interest result (+/-) EUR -50,654.52
Interest and similar income EUR 4.15
Interest and similar expenses EUR 50,658.67
thereof paid to related companies EUR 50,658.67
Financial result (+/-) EUR -50,654.52
Result from ordinary operations (+/-) EUR
495,256.46
Income tax / refund of income tax
(+/-)EUR -75,000.00
Tax (+/-)
EUR -75,000.00
Annual surplus / annual deficit EUR 420,256.46
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
INR 63.53 |
|
|
1 |
INR 86.05 |
|
Euro |
1 |
INR 76.53 |
|
Euro |
1 |
INR 77.62 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
VAR |
|
|
|
|
Report Prepared
by : |
SYL |
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)
This report is issued at
your request without any risk and responsibility on the part of MIRA INFORM
PRIVATE LIMITED (MIPL) or its officials.