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MIRA INFORM REPORT
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Report No. : |
497260 |
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Report Date : |
09.03.2018 |
IDENTIFICATION DETAILS
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Name : |
BELLMER GAPCON GMBH |
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Registered Office : |
Walzwerkstr. 20, D 47877 Willich |
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Country : |
Germany |
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Date of Incorporation : |
24.01.2006 |
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Com. Reg. No.: |
HRB 13288 |
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Legal Form : |
Private limited company |
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Line of Business : |
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Manufacture of machinery for paper and paperboard
Production ·
Repair of machinery ·
Wholesale of other machinery, equipment and
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 : |
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 (30.09.2017) |
Current Rating (31.12.2017) |
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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 economic 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, investment, and exports are likely to drive German GDP growth in 2018, and the country’s budget and trade surpluses are likely to remain high.
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Source : CIA |
Company
name and address
Report on: Bellmer GapCon GmbH
Company Status: active
Walzwerkstr. 20
D 47877 Willich
Telephone: 02154/88772-0
Telefax: 02154/88772-110
Homepage: www.gapcon.com
E-mail: info@gapcon.com
VAT no.: DE814699504
Company
summary
Legal Form Private limited company
Date of foundation: 24.01.2006
Shareholders'
agreement: 24.01.2006
Registered on: 13.01.2011
Commercial Register: Local court 47798 Krefeld
under: HRB 13288
Share capital: EUR 1,000,000.00
Shareholder:
Gebr. Bellmer GmbH Maschinenfabrik
Hauptstr. 37-43
D 75223 Niefern-Öschelbronn
Post Box:
13 69
Legal form: Private limited company
Share capital: EUR 3,000,000.00
Share: EUR 1,000,000.00
Registered on: 04.12.2001
Reg. data: 68159 Mannheim, HRB 505183
Manager:
Martin Erich Kollmar
Schönblick 35
D 75223 Niefern-Öschelbronn
having sole power of representation
born: 26.11.1966
Profession: Fully qualified management
expert
Marital status: married
Manager:
Wolfgang Wiertz
Clemensstr. 16
D 47807 Krefeld
authorized to jointly represent the company
born: 05.02.1962
Profession: graduate engineer
Manager:
Wolfgang Mark
D 40667 Meerbusch
authorized to jointly represent the company
born: 07.02.1965
Profession: graduate engineer
Proxy:
Markus Weiss
D 75233 Tiefenbronn
having sole power of representation
born: 18.05.1964
Proxy:
Stefan Raven
D 40667 Meerbusch
authorized to jointly represent the company
born: 27.11.1971
Further functions/participations of Martin Erich Kollmar
(Manager)
Shareholder:
Gebr. Bellmer GmbH Maschinenfabrik
Hauptstr. 37-43
D 75223 Niefern-Öschelbronn
Post Box:
13 69
Legal form: Private limited company
Share capital: EUR 3,000,000.00
Share: EUR 1,000,000.00
Registered
on: 04.12.2001
Reg. data: 68159 Mannheim, HRB 505183
Manager:
Gebr. Bellmer GmbH Maschinenfabrik
Hauptstr. 37-43
D 75223 Niefern-Öschelbronn
Post Box:
13 69
Legal form: Private limited company
Share capital: EUR 3,000,000.00
Registered
on: 04.12.2001
Reg. data: 68159 Mannheim, HRB 505183
Manager:
Bellmer Kufferath Machinery GmbH
Hauptstr. 37-43
D 75223 Niefern-Öschelbronn
Legal form: Private limited company
Share capital: EUR 200,000.00
Registered
on: 28.08.2008
Reg. data: 68159 Mannheim, HRB 704977
Manager:
Hafner Lüftungs- und Klimatechnik GmbH
Frankfurter Str. 80-82
D 65760 Eschborn
Legal form: Private limited company
Share capital: EUR 25,564.59
Registered
on: 08.10.1986
Reg. data: 60313 Frankfurt, HRB 26954
Manager:
Bellmer Service- und Handelsgesellschaft mbH
Hauptstr. 37-39
D 75223 Niefern-Öschelbronn
Legal form: Private limited company
Share capital: EUR 25,564.59
Registered
on: 22.05.1997
Reg. data: 68159 Mannheim, HRB 504185
Manager:
Lang-Regler Lufttechnik- Wärmetechnik GmbH
Frankfurter Str. 80-82
D 65760 Eschborn
Legal form: Private limited company
Share capital: EUR 30,677.52
Registered
on: 13.07.1995
Reg. data: 60313 Frankfurt, HRB 40177
Member:
Erbengemeinschaft Kollmar
D 75223 Niefern-Öschelbronn
Legal form: Community of heirs
COMPANY
HISTORY
company name and legal form
13.01.2011 - 18.09.2015 GapCon GmbH
Walzwerkstr. 20
D 47877 Willich
Private limited company
24.01.2006 - 13.01.2011 GapCon GmbH
Am Meerkamp 19
D 40667 Meerbusch
Private limited company
RESIGNED ACTING PERSONS AND SHAREHOLDERS
29.01.2014 - 18.09.2015 Manager
Dr. Jaxa von Schweinichen
Marburger Str. 23
D 57250 Netphen
BUSINESS
ACTIVITIES
Main industrial sector
28950 Manufacture of machinery for paper and paperboard production
3312 Repair of machinery
4669 Wholesale of other machinery, equipment and supplies
FINANCIAL
INFORMATION
Payment experience: No complaints
Negative information: We have no negative information at hand.
REAL
ESTATE
Type of ownership: proprietor
Share: 100.00 %
Address Walzwerkstr. 20
D 47877 Willich
Land register documents were not available.
BANKERS
Principal bank
SPARKASSE SIEGEN, 57009 SIEGEN
Sort. code: 46050001
BIC: WELADED1SIE
Further bank
LANDESBANK BADEN-WÜRTTEMBERG/RHEINLAND-PFALZ BANK, 55098 MAINZ
Sort. code: 60050101
BIC: SOLADEST600
FINANCIAL
FIGURES
Financial year: 01.01. - 31.12.
Share capital: EUR 1,000,000.00
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 64.92 |
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1 |
INR 90.23 |
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Euro |
1 |
INR 80.54 |
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Euro |
1 |
INR 80.15 |
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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DIV |
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Report Prepared
by : |
SYL |
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
·
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.