MIRA
INFORM REPORT
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Report Date : |
05.05.2007 |
IDENTIFICATION DETAILS
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Name : |
Carena Luigi |
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Registered Office : |
Via F.lli Vercelli, 43 10022 - Carmagnola (TO) - IT |
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Country : |
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Date of Incorporation : |
06/06/1979 |
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Legal Form : |
Sole proprietorship |
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Line of Business : |
Retail trade of clothes via stalls and markets. Retail of underwear. |
RATING & COMMENTS
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MIRA’s Rating : |
A |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 |
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Maximum Credit Limit : |
7.700 - Eur |
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Status : |
Good |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
name
Carena Luigi
Via
F.lli Vercelli, 43
10022 -
Carmagnola (TO) -IT-
SUMMARY
|
Legal Form |
: |
Sole proprietorship |
|
Start of Activities |
: |
06/06/1979 |
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|
: |
200.000/250.000 Eur |
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Number of Employees |
: |
from 1 to 5 |
CREDIT ANALYSIS
|
CREDIT OPINION |
: |
7.700 - Eur |
ACTIVITY
Retail trade of clothes via stalls and markets.
Retail of underwear.
LEGAL DATA
Legal Form : Sole proprietorship
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Fiscal Code : CRNLGU55S06B791E |
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Chamber of Commerce no. : 559386 of |
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Start of Activities |
: 06/06/1979 |
MEMBERS
|
Carena |
Luigi |
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Born in Carmagnola |
(TO) |
on 06/11/1955 |
- Fiscal Code : CRNLGU55S06B791E |
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Residence : |
Via |
F.lli Vercelli |
, 43 |
- 10022 |
Carmagnola |
(TO) |
- IT - |
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Position |
Since |
Shares Amount |
% Ownership |
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Proprietor |
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No Protests registered.
COMPANIES CONNECTED
TO MEMBERS *
*checkings have been performed on a national scale.
The Members of the subject firm are not reported to be Members in other
companies.
DIRECT PARTICIPATIONS
The Company under review has no participations in other Companies.
STRUCTURE AND COMPANY
ACTIVITY
In order to carry out its activities the firm uses the following
locations:
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- |
Legal and operative seat |
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in : |
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Via |
F.lli Vercelli |
, 43 |
- 10022 - |
Carmagnola |
(TO) |
- IT - |
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Total Surface: 150 (Sq.Mt.) |
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PHONE |
: 0119711611 |
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Assistants |
: 3 |
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Fittings and Equipment |
for a value of
18.075 |
Eur |
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Stocks |
for a value of
69.721 |
Eur |
CREDIT REVOLVING
During last Year, the subject of inquiry has not been monitored by our
company.
LEGAL PROCEDURES
None reported, standing to the last received edition of the Official Publications.
BANKERS
|
Bank Name |
Agency Name |
Address |
ZIP Code |
City |
ABI Code |
CAB Code |
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BANCA INTESA SPA |
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3069 |
0 |
IMMOVABLES *
*No specific (mortgage/cadastrial registrations) inspections have been
requested.
None reported in the name of the Firm.
FINANCIAL AND
ECONOMICAL ANALYSIS
Firm is operating for many years.
Financial means are adequate and allow a normal fulfilment of bonds
towards third parties.
It is reported to have constantly developed and improved structure and
business volume. Favourable experiences have been gathered as to payments.
Contained debts towards banks and suppliers. Financial charges are
limited.
Satisfying profitability.
No irregularities are registered.
Business connections are quite regular.
FINANCIAL DATA
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Complete balance-sheet for the year as at |
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(in Eur |
x 1 ) |
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Item Type |
Amount |
Source |
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Sales |
232.405 |
estimated by our analyst |
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 68%, in respect of a sector
average of 24%.
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:
7.700 .Eur.
MARKET / TERRITORY
DATA
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Population living in the province |
: |
2.236.941 |
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Population living in the region |
: |
4.330.172 |
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Number of families in the region |
: |
1.889.207 |
Monthly family expenses average in the region (in Eur.) :
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- per food products |
: |
429 |
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- per non food products |
: |
1.789 |
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- per energy consume |
: |
135 |
SECTOR DATA
The values are calculated on a base of 1.493 significant companies.
The companies cash their credits on an average of 20 dd.
The average duration of suppliers debts is about 161 dd.
The sector's profitability is on an average of 2,48%.
The labour cost affects the turnover in the measure of 11,27%.
Goods are held in stock in a range of 125 dd.
The difference between the sales volume and the resources used to
realize it is about 1,36.
The employees costs represent the 11,21% of the production costs.
STATISTICAL
DETRIMENTAL DATA
The subject operates in a sector statistically rated with a high-risk
degree.
Average risk rate in the territory where the firm is placed, according
to statistical surveys.
In the region 27.019 protested subjects are found; in the province they
count to 16.723.
The insolvency index for the region is 0,63, while for the province it
is 0,76.
Total Bankrupt companies in the province : 7.726.
Total Bankrupt companies in the region : 14.165.
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Unfavourable & favourable factors carry similar weight in credit consideration.
Capability to overcome financial difficulties seems comparatively below
average/normal. |
Small |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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NR |
In view of the lack of information, we have no basis upon which to
recommend credit dealings |
No Rating |
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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 and their relative weights (as indicated through
%) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)