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MIRA INFORM REPORT
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Report No. : |
487110 |
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Report Date : |
20.01.2018 |
IDENTIFICATION DETAILS
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Name : |
PRYM FASHION GMBH |
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Registered Office : |
Zweifaller Str. 130, D 52224 Stolberg |
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Country : |
Germany |
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Date of Incorporation : |
31.07.2009 |
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Com. Reg. No.: |
HRB 15598 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
· Manufacture of other general-purpose machinery ·
Other manufacturing n.e.c. · Wholesale of other equipment and accessories for machinery and technical supplies |
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No. of Employees : |
176 |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
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MIRA’s Rating : |
A |
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Credit Rating |
Explanation |
Rating Comments |
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A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
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Status : |
Satisfactory |
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Payment Behaviour : |
No Complaints |
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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 & address
PRYM FASHION GMBH
Company Status: active
Zweifaller Str. 130
D 52224 Stolberg
Telephone:02402/1405
Telefax:
02402/142922
Homepage: www.prym-fashion.com
E-mail:
info@prym-fashion.de
VAT
no.: DE267000331
CONCLUSION
Business relations are permissible.
LEGAL FORM Private Limited Company
Date
of foundation: 31.07.2009
Shareholders'
agreement: 31.07.2009
Registered on: 06.08.2009
Commercial Register: Local court 52070 Aachen
under: HRB 15598
Share capital: EUR 50,000.00
Shareholder:
William Prym Holding GmbH
Zweifaller Str. 130
D 52224 Stolberg
Post Box:
19 48, D 52206 Stolberg
Legal form: Private
limited company
Share capital: EUR
10,025,000.00
Share: EUR 50,000.00
Registered on: 16.07.2010
Reg. data: 52070 Aachen,
HRB 16277
Control and profit
transfer agreement
Manager:
Norbert Hempsch
D 52428 Jülich
born: 16.01.1979
Manager:
Dr. Ansgar Nonn
Otto-Stange-Str. 17
D 51377 Leverkusen
born: 14.11.1962
Manager:
Dr. Thomas Martin Hör
D 75172 Pforzheim
born: 09.05.1964
Manager:
Dipl.-Wirt.-jur. Stefan
Hansen
D 50667 Köln
born: 18.01.1979
Proxy:
Robert-Günter Thielen
D 52222 Stolberg
authorized to jointly
represent the company
born: 10.11.1954
Further functions/participations of Norbert
Hempsch (Manager)
Manager:
Prym Fashion Beteiligungs
GmbH
Zweifaller Str. 130
D 52224 Stolberg
Legal form: Private
limited company
Share capital: EUR
15,800,000.00
Registered
on: 27.08.1998
Reg. data: 52070 Aachen, HRB 10732
Further functions/participations of Dr. Ansgar
Nonn (Manager)
Limited partner:
Talis
Managementbeteiligungs GmbH & Co. KG
Schillerstr. 20
D 60313 Frankfurt
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Total cap. EUR 2,500.00
contribution:
Share: EUR 263.16
Registered
on: 12.09.2011
Reg. data: 60313 Frankfurt, HRA 46552
Limited partner:
Talis Zweite Beteiligungs
GmbH & Co. KG
Große Eschenheimer
Str. 13
D 60313 Frankfurt
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Total cap. EUR
1,881.53
contribution:
Share: EUR 197.95
Registered
on: 23.04.2014
Reg. data: 60313 Frankfurt, HRA 47940
Manager:
Prym Consumer
Beteiligungs GmbH
Zweifaller Str. 130
D 52224 Stolberg
Post Box:
1740, D 52220 Stolberg
Legal form: Private
limited company
Share capital: EUR 4,000,000.00
Registered
on: 11.03.1986
Reg. data: 52070 Aachen, HRB 11436
Manager:
Prym
Verwaltungsgesellschaft mit
beschränkter Haftung
Zweifaller Str. 130
D 52224 Stolberg
Post Box:
19 48, D 52206 Stolberg
Legal form:
Private limited company
Share capital: EUR 200,000.00
Registered
on: 02.01.1985
Reg. data: 52070 Aachen, HRB 11616
Manager:
Prym Inovan
Verwaltungs-GmbH
Zweifaller Str. 130
D 52224 Stolberg
Post Box:
1740, D 52220 Stolberg
Legal form: Private
limited company
Share capital: EUR 30,000.00
Registered
on: 02.09.1993
Reg. data: 52070 Aachen, HRB 11199
Manager:
WP Vermögens- und
Finanzierung GmbH
Zweifaller Str. 130
D 52224 Stolberg
Legal form: Private
limited company
Share capital: EUR 5,000,000.00
Registered
on: 09.09.1993
Reg. data: 52070 Aachen, HRB 11165
Manager:
William Prym Holding GmbH
Zweifaller Str. 130
D 52224 Stolberg
Post Box:
19 48, D 52206 Stolberg
Legal form: Private
limited company
Share capital: EUR
10,025,000.00
Registered
on: 16.07.2010
Reg. data: 52070 Aachen, HRB 16277
Manager:
Prym Consumer GmbH
Zweifaller Str. 130
D 52224 Stolberg
Post Box:
17 40, D 52220 Stolberg
Legal form: Private
limited company
Share capital: EUR 4,000,000.00
Registered
on: 27.09.2006
Reg. data: 52070 Aachen, HRB 13847
Manager:
Prym Fashion Beteiligungs
GmbH
Zweifaller Str. 130
D 52224 Stolberg
Legal form: Private
limited company
Share capital: EUR
15,800,000.00
Registered
on: 27.08.1998
Reg. data: 52070 Aachen, HRB 10732
Manager:
Prym Consumer Europe GmbH
Zweifaller Str. 130
D 52224 Stolberg
Post Box:
17 40, D 52220 Stolberg
Legal form: Private
limited company
Share capital: EUR 4,000,000.00
Registered
on: 07.08.2009
Reg. data: 52070 Aachen, HRB 15600
Manager:
Prym Anteilsverwaltung
GmbH
Zweifaller Str. 130
D 52224 Stolberg
Legal form: Private
limited company
Share capital: EUR 139,483.00
Registered
on: 28.04.2011
Reg. data: 52070 Aachen, HRB 16837
Manager:
Prym China Verwaltungs
GmbH
Zweifaller Str. 130
D 52224 Stolberg
Legal form: Private
limited company
Share
capital: EUR 30,000.00
Registered
on: 09.02.1998
Reg. data: 52070 Aachen, HRB 10900
Further functions/participations of Dr. Thomas
Martin Hör
(Manager)
Manager:
INOVAN-Verwaltungs-GmbH
Industriestr. 44
D 75217 Birkenfeld
Legal form: Private
limited company
Share capital: EUR
55,000.00
Registered
on: 01.10.1979
Reg. data: 68159 Mannheim, HRB 501122
Manager:
Prym Inovan
Verwaltungs-GmbH
Zweifaller Str. 130
D 52224 Stolberg
Post Box:
1740, D 52220 Stolberg
Legal form: Private
limited company
Share capital: EUR 30,000.00
Registered
on: 02.09.1993
Reg. data: 52070 Aachen, HRB 11199
Manager:
WP Vermögens- und
Finanzierung GmbH
Zweifaller Str. 130
D 52224 Stolberg
Legal form: Private
limited company
Share capital: EUR 5,000,000.00
Registered
on: 09.09.1993
Reg. data: 52070 Aachen, HRB 11165
Manager:
William Prym Holding GmbH
Zweifaller Str. 130
D 52224 Stolberg
Post Box:
19 48, D 52206 Stolberg
Legal form: Private limited company
Share capital: EUR
10,025,000.00
Registered
on: 16.07.2010
Reg. data: 52070 Aachen, HRB 16277
Manager:
Prym China Verwaltungs
GmbH
Zweifaller Str. 130
D 52224 Stolberg
Legal form: Private
limited company
Share capital: EUR 30,000.00
Registered
on: 09.02.1998
Reg. data: 52070 Aachen, HRB 10900
Manager:
Prym Fashion Beteiligungs
GmbH
Zweifaller Str. 130
D 52224 Stolberg
Legal form: Private
limited company
Share capital: EUR
15,800,000.00
Registered
on: 27.08.1998
Reg. data: 52070 Aachen, HRB 10732
Manager:
Prym Consumer Europe GmbH
Zweifaller Str. 130
D 52224 Stolberg
Post Box:
17 40, D 52220 Stolberg
Legal form: Private
limited company
Share capital: EUR 4,000,000.00
Registered
on: 07.08.2009
Reg. data: 52070 Aachen, HRB 15600
Manager:
Prym Anteilsverwaltung
GmbH
Zweifaller Str. 130
D 52224 Stolberg
Legal form: Private
limited company
Share capital: EUR 139,483.00
Registered
on: 28.04.2011
Reg. data: 52070 Aachen, HRB 16837
Manager:
Prym
Verwaltungsgesellschaft mit
beschränkter Haftung
Zweifaller Str. 130
D 52224 Stolberg
Post Box:
19 48, D 52206 Stolberg
Legal form: Private
limited company
Share capital: EUR
200,000.00
Registered
on: 02.01.1985
Reg. data: 52070 Aachen, HRB 11616
Manager:
UNIDOR Gesellschaft mit
beschränkter Haftung
Industriestr. 44
D 75217 Birkenfeld
Legal form: Private
limited company
Share capital: EUR 1,789,521.58
Registered
on: 25.02.1966
Reg. data: 68159 Mannheim, HRB 500160
Further functions/participations of
Dipl.-Wirt.-jur. Stefan
Hansen (Manager)
Manager:
INOVAN-Verwaltungs-GmbH
Industriestr. 44
D 75217 Birkenfeld
Legal form: Private
limited company
Share capital: EUR 55,000.00
Registered
on: 01.10.1979
Reg. data:
68159 Mannheim, HRB 501122
Manager:
Prym Consumer
Beteiligungs GmbH
Zweifaller Str. 130
D 52224 Stolberg
Post Box:
1740, D 52220 Stolberg
Legal form: Private
limited company
Share capital: EUR 4,000,000.00
Registered
on: 11.03.1986
Reg. data: 52070 Aachen, HRB 11436
Manager:
UNIDOR Gesellschaft mit
beschränkter Haftung
Industriestr. 44
D 75217 Birkenfeld
Legal form: Private
limited company
Share capital: EUR 1,789,521.58
Registered
on: 25.02.1966
Reg. data: 68159 Mannheim, HRB 500160
Manager:
Prym Inovan
Verwaltungs-GmbH
Zweifaller Str. 130
D 52224 Stolberg
Post Box:
1740, D 52220 Stolberg
Legal form: Private
limited company
Share capital: EUR 30,000.00
Registered
on: 02.09.1993
Reg. data: 52070 Aachen, HRB 11199
Manager:
WP Vermögens- und
Finanzierung GmbH
Zweifaller Str. 130
D 52224 Stolberg
Legal form: Private
limited company
Share capital: EUR 5,000,000.00
Registered
on: 09.09.1993
Reg. data: 52070 Aachen, HRB 11165
Manager:
Prym Consumer GmbH
Zweifaller Str. 130
D 52224 Stolberg
Post Box:
17 40, D 52220 Stolberg
Legal form: Private limited
company
Share capital: EUR 4,000,000.00
Registered
on: 27.09.2006
Reg. data: 52070 Aachen, HRB 13847
Manager:
William Prym Holding GmbH
Zweifaller Str. 130
D 52224 Stolberg
Post Box:
19 48, D 52206 Stolberg
Legal form: Private
limited company
Share capital: EUR
10,025,000.00
Registered
on: 16.07.2010
Reg. data: 52070 Aachen, HRB 16277
Manager:
Prym China Verwaltungs
GmbH
Zweifaller Str. 130
D 52224 Stolberg
Legal form: Private
limited company
Share capital: EUR 30,000.00
Registered
on: 09.02.1998
Reg. data: 52070 Aachen, HRB 10900
Manager:
Prym Fashion Beteiligungs
GmbH
Zweifaller Str. 130
D 52224 Stolberg
Legal form: Private
limited company
Share capital: EUR
15,800,000.00
Registered
on: 27.08.1998
Reg. data: 52070 Aachen, HRB 10732
Manager:
Perfect Retail GmbH
Zweifaller Str. 130
D 52224 Stolberg
Legal form: Private
limited company
Share capital: EUR 1,100,000.00
Registered
on: 16.09.1998
Reg. data: 52070 Aachen, HRB 7368
Manager:
Prym Consumer Europe GmbH
Zweifaller Str. 130
D 52224 Stolberg
Post Box:
17 40, D 52220 Stolberg
Legal form: Private
limited company
Share capital: EUR 4,000,000.00
Registered
on: 07.08.2009
Reg. data: 52070 Aachen, HRB 15600
Manager:
Prym Anteilsverwaltung
GmbH
Zweifaller Str. 130
D 52224 Stolberg
Legal form: Private
limited company
Share capital: EUR 139,483.00
Registered
on: 28.04.2011
Reg. data: 52070 Aachen, HRB 16837
Manager:
Prym
Verwaltungsgesellschaft mit
beschränkter Haftung
Zweifaller Str. 130
D 52224 Stolberg
Post Box:
19 48, D 52206 Stolberg
Legal form: Private
limited company
Share capital: EUR 200,000.00
Registered
on: 02.01.1985
Reg. data:
52070 Aachen, HRB 11616
RESIGNED
ACTING PERSONS AND SHAREHOLDERS
07.02.2013 - 26.07.2017 Manager
Jens Waldau
D 38364 Schöningen
10.05.2012 - 30.11.2016 Manager
Ralf Philipp Stockmaier
Viernheimer Str. 64
D 68623 Lampertheim
21.10.2014 - 29.09.2015 Manager
Hedwig Ehlen
D 52062 Aachen
BUSINESS
ACTIVITIES
Main industrial sector
28290
Manufacture of other general-purpose machinery
3299
Other manufacturing n.e.c.
46693
Wholesale of other equipment and accessories for machinery and technical
supplies
FINANCIAL
INFORMATION
Payment experience: No Complaints
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).
REAL
ESTATE
Type of ownership: Tenant
Address Zweifaller Str. 130
D 52224 Stolberg
Land register documents were not available.
BANKERS
COMMERZBANK,
52201 STOLBERG (RHLD.)
Sort. code: 39040013, Account no.: 380891200
BIC: COBADEFFXXX, IBAN: DE14390400130380891200
DEUTSCHE BANK, 52062 AACHEN
Sort. code: 39070020, Account no.: 370256000
BIC: DEUTDEDK390, IBAN: DE79390700200370256000
FINANCIAL
FIGURES
Financial year: 01.01. - 31.12.
Turnover: 2016 EUR 36,000,000.00
Share capital: EUR 50,000.00
Ac/ts receivable: EUR 20,400,000.00
Liabilities: EUR 3,700,000.00
Employees:
176
Control and profit transfer agreement to:
William Prym Holding GmbH
Zweifaller Str. 130
D 52224 Stolberg
Post Box:
19 48, D 52206 Stolberg
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
INR 63.84 |
|
|
1 |
INR 88.28 |
|
Euro |
1 |
INR 77.88 |
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EUR |
1 |
INR 78.03 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
VIV |
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Report Prepared
by : |
TPT |
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.