MIRA
INFORM REPORT
|
Report Date : |
12th
February, 2007 |
IDENTIFICATION
DETAILS
|
Name : |
BONTEMPI VIBO S.P.A. |
|
|
|
|
Registered Office : |
Via Noce Ang.via Cacciamali, 52 25100 - Brescia (BS) -IT- |
|
|
|
|
Country : |
Italy |
|
|
|
|
Financials (as on) : |
31.12.2005 |
|
|
|
|
Date of Incorporation : |
19/12/1972 |
|
|
|
|
Legal Form : |
Joint
stock company |
|
|
|
|
Line of Business : |
Ø
Screw-cutting
and nuts and bolts. Ø
Production
of bolts, nuts, screws, nails, rivets etc. Ø
Wholesale
of furniture, electric household appliances, radios, TV sets, tape-recorders
etc. |
RATING & COMMENTS
|
MIRA’s Rating : |
Aa |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
71-85 |
Aa |
Possesses adequate working capital. No
caution needed for credit transaction. It has above average (strong)
capability for payment of interest and principal sums |
Large |
|
Maximum Credit Limit : |
850.100 - Eur |
|
|
|
|
Status : |
Good |
|
|
|
|
Payment Behaviour : |
Regular |
|
|
|
|
Litigation : |
Clear |
Company Name & Address
Bontempi Vibo S.p.a.
Via Noce Ang.via Cacciamali, 52
25100 - Brescia (BS) -IT-
SUMMARY
Fiscal Code : 00453920175
Legal Form : Joint
stock company
Start of Activities : 23/11/1973
Patrimonial Consistence : Over
2.500.000 Eur
Turnover Range : 25.000.000/35.000.000 Eur
Number of Employees : from
111 to 130
CREDIT ANALYSIS
CREDIT
OPINION : 850.100
- Eur
Score : 4.
Risk normal
Creditworthness
Rate : 82%
(Good)
n.b.:
The Creditworthness Rate shows, in percentage, the ratio between the suggested
credit opinion and the credit amount that the firm could get if the financial
situation would be completely positive.
ACTIVITY
Screw-cutting
and nuts and bolts.
Production
of bolts, nuts, screws, nails, rivets etc.
Wholesale
of furniture, electric household appliances, radios, TV
sets,
tape-recorders etc.
LEGAL DATA
Legal
Form :
Joint stock company
Fiscal Code :
00453920175
Foreign Trade Reg. no. : BS002854 since
06/12/1991
Foreign Trade Reg. no. : 2854 of Brescia
since 06/12/1991
Chamber of Commerce no. : 149249 of Avellino
Chamber of Commerce no. : 191292 of Brescia since 16/02/1973
Firms' Register : BS029-9902 since 19/02/1996
Court : 9902 of Brescia
Foundation Date : 19/12/1972
Establishment Date : 19/12/1972
Start of Activities : 23/11/1973
Legal Duration Date : 31/12/2050
Nominal Capital : 2.600.000 Eur
Subscribed Capital : 2.600.000 Eur
Paid up Capital : 2.600.000 Eur
MEMBERS
Lucca Anna
Born in Brescia on 24/04/1938 - Fiscal Code : LCCNNA38D64B157A
Residence : Via Trieste , 36 -
25100 Brescia (BS)- IT -
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director
|
17/05/2006 |
|
|
|
Managing
Director |
17/05/2006 |
|
|
|
Board
Chairman |
17/05/2006 |
|
|
No
Protests registered.
Bontempi Bruno
Born in Brescia on 12/06/1937 - Fiscal Code : BNTBRN37H12B157F
Residence : Via Trieste , 36 -
25100 Brescia (BS)- IT -
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director
|
17/05/2006 |
|
|
|
Managing
Director |
17/05/2006 |
|
|
No
Protests registered.
Bontempi Alessandro Raoul
Born in Brescia on 08/02/1964 - Fiscal Code : BNTLSN64B08B157U
Residence : Via Trieste , 36 -
25100 Brescia (BS)- IT -
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director
|
17/05/2006 |
|
|
|
Managing
Director |
17/05/2006 |
|
|
No
Protests registered.
COMPANIES CONNECTED TO MEMBERS *
*checkings
have been performed on a national scale.
*In this
module are listed the companies in which members hold or held positions.
Lucca Anna
|
Company Style |
Legal Seat |
Fiscal Code |
Position |
Firm Status |
|
BULLPRESS
S.R.L. |
Berzo
Inferiore BS (BS) - IT - |
00311740179 |
Sole
Director |
Ceased |
|
FINAN
SERVICE - S.P.A. |
Brescia
(BS) - IT - |
01157510171 |
Director
|
Registered |
|
NUOVA
CASTELLO S.P.A. |
Brescia
(BS) - IT - |
00931010177 |
Sole
Director |
Ceased |
Bontempi Bruno
|
Company Style |
Legal Seat |
Fiscal Code |
Position |
Firm Status |
|
BULLPRESS
S.R.L. |
Berzo
Inferiore BS (BS) - IT - |
00311740179 |
Sole
Director |
Ceased |
|
* VIBO
SUD S.R.L. |
Calabritto
(AV) - IT - |
01546460641 |
Director
|
Ceased |
|
ACANTO
S.R.L. |
Brescia
(BS) - IT - |
01181700178 |
Director
|
Registered |
|
FINPRO
S.P.A. |
BRESCIA
(BS) - IT - |
01487740175 |
Memb.of
the Executive Committee |
Registered |
|
Banca
Valori Societa' Per Azioni |
Brescia
(BS) - IT - |
01323540383 |
Director
|
Registered |
|
FINAN
SERVICE - S.P.A. |
Brescia
(BS) - IT - |
01157510171 |
Director
|
Registered |
|
EIDON
S.R.L. |
- - |
03609510171 |
Sole
Director |
Ceased |
|
NUOVA
CASTELLO S.P.A. |
Brescia
(BS) - IT - |
00931010177 |
Sole
Director |
Ceased |
|
VIBOLT S.R.L. |
Brescia
(BS) - IT - |
02643900018 |
Sole
Director |
Ceased |
|
GOLFO
DI MADERNO S.R.L. |
BRESCIA
(BS) - IT - |
02633270984 |
Sole
Director |
Registered |
Bontempi Alessandro
Raoul
|
Company Style |
Legal Seat |
Fiscal Code |
Position |
Firm Status |
|
* VIBO
SUD S.R.L. |
Calabritto
(AV) - IT - |
01546460641 |
Director
|
Ceased |
|
ACANTO
S.R.L. |
Brescia
(BS) - IT - |
01181700178 |
Director
|
Registered |
|
FINGRUPPO
HOLDING S.P.A. |
Brescia
(BS) - IT - |
02891290179 |
Director
|
Registered |
|
FINAN
SERVICE - S.P.A. |
Brescia
(BS) - IT - |
01157510171 |
Director
|
Registered |
|
BONTEMPI
INVESTIMENTI - S.R.L. |
Brescia
(BS) - IT - |
02985590179 |
Sole
Director |
Ceased |
The
indication "REGISTERED" as Firm Status could refere to Firms in
Liquidation, Active, Inactive, etc.
For more
information, in this case, we advise to request further investigations.
CAPITAL SHAREHOLDERS
|
Style / Name |
Seat / Address |
Fiscal Code |
Owned Shares |
% of Ownership |
|
Lucca
Anna |
Brescia
- IT - |
LCCNNA38D64B157A |
54.900 .Eur |
2,11 |
|
Bontempi
Bruno |
Brescia
- IT - |
BNTBRN37H12B157F |
190.000 .Eur |
7,30 |
|
Bontempi
Alessandro Raoul |
Brescia
- IT - |
BNTLSN64B08B157U |
243.100 .Eur |
9,35 |
|
FINAN
SERVICE - S.P.A. |
Brescia
- IT - |
01157510171 |
2.112.000 .Eur |
81,23 |
DIRECT PARTICIPATIONS
|
Company Style |
Legal Seat |
Fiscal Code |
Owned Shares |
% of Ownership |
|
FINPRO
S.P.A. |
BRESCIA
- IT - |
01487740175 |
260.211 .Eur |
9,90 |
|
EL.VA
S.P.A CONSORTILE |
|
02194120966 |
1.069 .Eur |
2,30 |
|
* VIBO SUD S.R.L. |
Calabritto
- IT - |
01546460641 |
2.045.169 .Eur |
66,00 |
|
A Q M
S.R.L. |
Rezzato
- IT - |
01746710175 |
998 .Eur |
0,06 |
|
ASSOENERGIA
SOCIETA' CONSORTILE PER AZIONI |
Brescia
- IT - |
03445950177 |
25 .Eur |
0,02 |
STRUCTURE AND COMPANY ACTIVITY
In order
to carry out its activities the firm uses the following locations:
- Legal and operative seat in :
Via Noce Ang.via Cacciamali , 52 - 25100 -
Brescia (BS)- IT -
PHONE
: 030/35031
PHONE
: 0364/300376
- Branch (Factory )since
01/08/1985 in :
Via
Cappellini - 25040 - Berzo Inferiore (BS)- IT -
PHONE
: 0364/300376
PHONE
: 030/35031
- Branch (Factory )since
01/07/2002 in :
Localita'
Zona Industriale , Loc. QUAGLIETTA - 83040 -Calabritto (AV) - IT -
- Branch (Operating branch )since
31/10/2006 in :
Via
Stacca , 3 - 25050 - Rodengo-Saiano (BS) -
IT -
Employees
: 121
Assistants
: 5
Fittings
and Equipment for
a value of 2.248.500 Eur
Stocks
for
a value of 10.937.500 Eur
Vehicles
for
a value of 30.987 Eur
The firm
operates abroad as importer / exporter. .
To
purchase foreign products the firm uses the following channels :
- direct orders to foreign companies
Export
represents more than 50% of the global turnover.
Products
abroad are placed by :
- direct orders from foreign companies
Export
is mainly towards:
- Francia
- Belgio
- Grecia
HISTORICAL INFORMATION AND/OR
FIRM'S STATUS
Ex-Members /
Ex-Positions
Lucca Annamaria
Born in Brescia on 24/04/1938 - Fiscal Code : LCCNMR38D64B157P
Fiscal residence : Via Trieste , 36 - 25100 Brescia (BS) - IT –
|
Position |
|
Chairman
|
Bontempi Bruno
Born in Brescia on 12/06/1937 - Fiscal Code : BNTBRN37H12B157F
Residence : Via Trieste , 36 - 25100 Brescia (BS) - IT -
|
Position |
|
Managing
Director |
|
Director
|
|
Managing
Director |
|
Board
Chairman |
Bontempi Massimiliano
Born in BRESCIA on 07/08/1961 - Fiscal Code : BNTMSM61M07B157H
Residence : Vicolo DISCIPLINA , 8 - 25100 Brescia (BS) - IT -
|
Position |
|
Managing
Director |
|
Director
|
|
Managing
Director |
Bontempi Alessandro
Raoul
Born in Brescia on 08/02/1964 - Fiscal Code : BNTLSN64B08B157U
Residence : Via Trieste , 36 - 25100 Brescia (BS)- IT -
|
Position |
|
Managing
Director |
Bontempi Maria
Francesca
Born in Brescia on 20/07/1966 - Fiscal Code : BNTMFR66L60B157U
Residence : Via Trieste , 36 - 25100 Brescia (BS)- IT -
|
Position |
|
Managing
Director |
|
Director
|
Sala Mario
Born in VILLA CARCINA on
24/07/1940 - Fiscal Code :
SLAMRA40L24L919S
Residence : Via BORGO , 93 - 25069 Villa Carcina (BS) - IT -
|
Position |
|
Permanent
Auditor |
Ghidini Luca
Born in BRESCIA on 28/03/1970 - Fiscal Code : GHDLCU70C28B157B
Residence : Via DELLE CAMERATE , 105 - 25062 Concesio (BS)-
IT -
|
Position |
|
Temporary
Auditor |
BONTEMPI ALESSANDRO
Born in BRESCIA on 08/02/1964 - Fiscal Code : BNTLSN64B08B157U
Residence : Via TRIESTE , 36 - 25100 Brescia (BS) - IT -
|
Position |
|
Managing
Director |
|
Former seats |
- Branch (Store )since 01/02/1974 until 31/12/1991
Via
S. Bernardino - 24100 - Bergamo (BG)- IT -
- Branch (office )since
22/12/1995 until 01/10/1996
Via
Creta - 25100 - Brescia (BS)- IT -
|
. |
The firm absorbed by merging of
* VIBO SUD S.R.L.
Localita' ZONA INDUSTRIALE ,
83040 , Calabritto (AV) - IT -
Fiscal Code: 01546460641
Date : 24/06/2002
Project of merging by taking over of
* VIBO SUD S.R.L.
Localita' ZONA INDUSTRIALE ,
83040 , Calabritto (AV) - IT -
Fiscal Code: 01546460641
Date Merging/Splitting-up Project
: 30/03/2002
PAYMENTS ANALYSIS
The
average term of debts to suplliers is normal compared with that
of the
sector.
PAYMENTS
SCORE : ZZZZZ - No insolvency
CREDIT REVOLVING
During
last Year, the subject of inquiry has not been monitored by our company.
PROTESTS
Protests
checking on the subject firm has given a negative result.
LEGAL PROCEDURES
None
reported, standing to the last received edition of the Official Publications.
IMMOVABLES *
*No
specific (mortgage/cadastrial registrations) inspections have been requested.
|
Immovable Type |
Value |
|
Real
estates |
4.936.880 .Eur |
NB.: For
Capital Companies the value of the Immovables is the one reported in the last
available financial documents.
FINANCIAL AND ECONOMICAL ANALYSIS
Company's
starting of activities dates back to 1973.
During
the last years, it recorded positive net results (r.o.e. 12,2% in 2005) and
with an upward trend in turnover trend during the last financial year (+11,97%
in 2005).
The
operating result was positive in the last financial year (8,82%) and reflects
the field's average.
The
analysis shows a fair financial position as the indebtedness volume is
acceptable (1,32) and decreasing as against 2004.
Moderate
recourse to bank credit while the exposure towards suppliers is rather high but
lined up with the field's average.
It shows
a good range of liquidity.
FINANCIAL DATA
Complete balance-sheet for the
year as at 31/12/2005 (in Eur x
1 )
|
Item Type |
Amount |
Source |
|
Sales |
33.986.099 |
filed
balance sheet |
|
Profit
(Loss) for the period |
1.263.544 |
filed
balance sheet |
Complete balance-sheet for the
year as at 31/12/2004 (in Eur x
1 )
|
Item Type |
Amount |
Source |
|
Sales |
30.352.247 |
filed balance
sheet |
|
Profit
(Loss) for the period |
1.341.960 |
filed
balance sheet |
BALANCE SHEETS
From our
constant monitoring of the Public Administration, actually, no more recent
balance sheets result to be filed.
Balance Sheet as at
31/12/2005 - Months 12 - Currency Eur - Amounts x 1
Balance Sheet as at
31/12/2004 - Months 12 - Currency Eur - Amounts x 1
|
Years |
2005 |
2004 |
|
BALANCE
SHEET ACCOUNTS |
|
|
|
ASSETS |
|
|
|
CREDITS
TO SHAREHOLDERS |
|
|
|
FIXED
ASSETS ( NET ) |
7.582.530 |
5.361.960 |
|
.
Intangible assets |
46.454 |
41.490 |
|
.
Tangible fixed assets |
7.497.403 |
5.267.988 |
|
. .
Land and buildings |
4.936.880 |
2.079.284 |
|
. .
Plants, Equipm.and Machinery |
2.248.747 |
2.845.307 |
|
.
Long-term Investments |
38.673 |
52.482 |
|
. .
Financial loans |
38.673 |
52.482 |
|
. .
Own shares |
|
|
|
CURRENT
ASSETS |
21.693.470 |
18.039.098 |
|
.
Stock |
10.937.490 |
9.241.743 |
|
.
Credits |
10.462.264 |
8.586.763 |
|
. .
Credits to clients |
8.895.409 |
7.961.447 |
|
. .
Other credits |
1.566.855 |
625.316 |
|
.
Short-term financial assets |
|
|
|
.
Liquid assets |
293.716 |
210.592 |
|
ACCRUED
INCOME-DEFERR. ASSETS |
49.625 |
80.592 |
|
TOTAL ASSETS |
29.325.625 |
23.481.650 |
|
. |
|
|
|
LIABILITIES |
|
|
|
NET
WORTH |
10.352.141 |
7.169.087 |
|
.
Company's capital |
2.600.000 |
2.600.000 |
|
.
Reserves |
6.488.597 |
3.227.127 |
|
.
Reserves company's own shares |
|
|
|
.
Retained profits (losses) |
|
|
|
. Profit
(loss) |
1.263.544 |
1.341.960 |
|
PROVISION
CHARGES ACCOUNTS |
435.275 |
435.275 |
|
STAFF
TERM INDEMNITY |
1.008.989 |
995.230 |
|
DEBTS |
17.499.258 |
14.826.386 |
|
.
Financial M/L terms |
3.514.890 |
4.322.400 |
|
. .
Financial M/L term banks |
3.514.890 |
4.322.400 |
|
. .
Financial M/L bonds |
|
|
|
. .
Other financial M/L debts |
|
|
|
.
Financial short-term debts |
2.470.219 |
2.852.317 |
|
. .
Financial short-term banks |
2.470.219 |
2.852.317 |
|
. .
Financial short-term bonds |
|
|
|
. .
Other financial short-term debts |
|
|
|
. M/L
term debts to suppliers |
|
|
|
. Short-term
debts to suppliers |
10.309.305 |
6.733.077 |
|
.
Sundry M/L debts |
|
45.916 |
|
.
Sundry short-term debts |
1.204.844 |
872.676 |
|
ACCRUED
COSTS DEFERR. LIABILITIES |
29.962 |
55.672 |
|
TOTAL
LIABILITIES |
29.325.625 |
23.481.650 |
|
. |
|
|
PROFIT AND LOSS ACCOUNTS
|
OUTPUT
VALUE |
35.074.250 |
31.868.936 |
|
.
Revenues from sales/services |
33.986.099 |
30.352.247 |
|
.
Change of stock (products) |
139.969 |
743.479 |
|
OPERATING
EXPENSES |
32.485.403 |
29.077.410 |
|
.
Purchasing expenses |
25.129.487 |
19.744.034 |
|
.
Change of stock (raw material) |
-1.555.778 |
257.492 |
|
.
Expenses from services |
3.549.393 |
3.494.275 |
|
.
Expenses from leasing |
29.477 |
16.610 |
|
.
General expenses/sundry charges |
97.603 |
153.584 |
|
.
Staff expenses |
3.671.430 |
3.623.957 |
|
.
Depreciation/Devaluation costs |
1.563.791 |
1.787.458 |
|
FINANCIAL REVENUES (CHARGES) |
-269.324 |
-324.084 |
|
. Financial charges |
-307.546 |
-365.761 |
|
. Financial revenues |
38.222 |
41.677 |
|
FINANCIAL
ASSETS CORRECTION |
|
|
|
EXTRAORDINARY
FINANCIAL REVENUES (CHARGES) |
1 |
-9.338 |
|
PROFIT
(LOSS) FOR THE PERIOD |
2.319.524 |
2.458.104 |
|
TAX |
1.055.980 |
1.116.144 |
|
CORRECT./ALLOCAT.
FISCAL RULE |
|
|
|
NET
PROFIT (LOSS) |
1.263.544 |
1.341.960 |
RATIOS
|
|
Item |
O.V. |
O.V. |
as at 31/12/2005 |
as at 31/12/2004 |
Sector Average |
|
Fixed
assets ratio |
Units |
=>
1 |
l |
1,96 |
2,33 |
1,50 |
|
Net
Short-term indebtedness |
Units |
- 1 |
l |
1,32 |
1,42 |
2,85 |
|
Current
ratio |
Units |
=>
1 |
l |
1,55 |
1,72 |
1,21 |
|
Acid
Test Ratio-Liquidity Ratio |
Units |
=>
1 |
l |
0,76 |
0,84 |
0,93 |
|
Return
on Sales |
% |
|
l |
8,31 |
10,31 |
4,75 |
|
Average
stock waiting period |
dd |
|
l |
115,84 |
109,58 |
42,40 |
|
Credits
to clients average term |
dd |
|
l |
94,21 |
94,42 |
133,34 |
|
Debts
to suppliers average term |
dd |
|
l |
129,27 |
104,22 |
160,00 |
|
Net financial revenues/ charges incidence |
% |
|
l |
- 0,79 |
- 1,06 |
- 1,10 |
|
Labour
cost incidence |
% |
|
l |
10,80 |
11,93 |
24,63 |
O.V.
= Optimal Value. When not present refer to the sector's.
A
coloured item indicates the opinion of the rate during the last financial year
(green=good;
orange=not optimal; red=insufficient; n.c.=not computable)
CREDIT OPINION DETERMINATION
The
credit opinion determination is divided into two phases :
1) Risk
analysis (Score).
2)
Reliability score identification.
RELIABILITY SCORE
Considering
also subject's structural and behavioural characteristics its credit margin
rate (from 0 to 100%) is equal to 82%, in respect of a sector average of 56%.
CREDIT OPINION
On the
basis of the above mentioned, and the sales volume obtained, we deem that the
maximum exposure for short and medium term transactions ( 90 - 120 days ) could
be of:
850.100 .Eur.
REMARKS
1)
Protests checking (relative to the last five years) performed by crossing and
matching the members names and the Firm's Style with the reported addresses, is
supplied by the Informatic Registry managed by the Italian Chamber of Commerce.
If the fiscal code is not indicated, the eventual homonymous cases are
submitted to expert staff evaluation in order to limit wrong matching risks.
2) The
Legal Data, supplied and retrived from the Firm's Registry of the Italian
Chamber of Commerce, are in line with the last registered modifications.
SOURCES
- Our
historical data
- Public
Administration
-
Reporters
-
Newspapers
- Users
-
Statistics Bodies
-
Financial Project Editions
N.B.: Data from the Public Administration
present in the report are updated since the last available edition.
MARKET / TERRITORY DATA
Population living in the province
: 1.169.259
Population living in the region : 9.393.092
Number of families in the region : 3.858.736
Monthly
family expences average in the region (in Eur.) :
- per food products : 460
- per non food products : 2.090
- per energy consume : 114
SECTOR DATA
The
values are calculated on a base of 3.726 significant companies.
The
companies cash their credits on an average of 133 dd.
The
average duration of suppliers debts is about 160 dd.
The
sector's profitability is on an average of 4,75%.
The
labour cost affects the turnover in the measure of 24,63%.
Goods
are held in stock in a range of 42 dd.
The
difference between the sales volume and the resources used to realize it is
about 1,15.
The
employees costs represent the 25,37% of the production costs.
STATISTICAL DETRIMENTAL DATA
Statistcally
the trade activity shows periods of crisis.
The area
is statistically considered moderately risky.
In the
region 50.886 protested subjects are found; in the province they count to 5.551.
The
insolvency index for the region is 0,55, while for the province it is 0,48.
Total
Bankrupt companies in the province : 3.452.
Total
Bankrupt companies in the region : 39.612.
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial
base with the strongest capability for timely payment of interest and
principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate working capital. No
caution needed for credit transaction. It has above average (strong) capability
for payment of interest and principal sums |
Large |
|
56-70 |
A |
Financial & operational base are
regarded healthy. General unfavourable factors will not cause fatal effect.
Satisfactory capability for payment of interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is considered normal.
Capable to meet normal commitments. |
Satisfactory |
|
26-40 |
B |
Unfavourable & favourable factors
carry similar weight in credit consideration. Capability to overcome
financial difficulties seems comparatively below average/normal. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of
interest and principal sums in default or expected to be in default upon
maturity |
Limited with full security |
|
<10 |
C |
Absolute credit risk exists. Caution
needed to be exercised |
Credit not recommended |
|
NR |
In view of the lack of information, we
have no basis upon which to recommend credit dealings |
No Rating |
|