MIRA
INFORM REPORT
|
Report Date : |
18.10.2007 |
IDENTIFICATION DETAILS
|
Name : |
G. Baglietto S.a.s. Di Francesco Bagliet To
E C. |
|
|
|
|
Registered Office : |
Via Castelgazzo, 11, 15067 - Novi
Ligure ( |
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|
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Country : |
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Date of Incorporation : |
29/12/1981 |
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|
Legal Form : |
Limited Partnership |
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Line of Business : |
Wholesale of half-manufactured ferrous metals. Wholesale of minerals and metalliferous ores. |
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 : |
162.200 - Eur |
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|
|
Status : |
Excellent |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
name & address
G. Baglietto S.a.s. Di Francesco Bagliet To E C.
Via Castelgazzo,
11
15067 - Novi Ligure (
SUMMARY
|
Legal Form |
: |
Limited partnership |
|
Start of Activities |
: |
29/12/1981 |
|
|
: |
3.750.000/5.000.000 Eur |
|
Number of Employees |
: |
from 11 to 15 |
CREDIT ANALYSIS
|
CREDIT OPINION |
: |
162.200 - Eur |
ACTIVITY
Wholesale of half-manufactured ferrous metals.
Wholesale of minerals and metalliferous ores.
LEGAL DATA
Legal Form : Limited partnership
|
Fiscal Code : 00449730092 |
|
Chamber of Commerce no. : 214891 of |
|
Firms' Register : AL-2002-18605 since 28/06/2002 |
|
Establishment Date |
: 04/11/1981 |
|
|
Start of Activities |
: 29/12/1981 |
|
|
Legal Duration Date |
: 31/12/2050 |
|
|
Nominal Capital |
: 1.200.000 |
Eur |
|
Subscribed Capital |
: 1.200.000 |
Eur |
|
Paid up Capital |
: 1.200.000 |
Eur |
MEMBERS
|
Baglietto |
Francesco |
|
Born in |
(SV) |
on 26/01/1923 |
- Fiscal Code : BGLFNC23A26I480L |
|
Residence : |
Via |
Aspera |
, 1 |
- 17019 |
Varazze |
(SV) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
General Partner |
05/06/2002 |
216.000 - Eur |
18,00 |
No Protests registered.
|
Del Buono |
Maria Lea |
|
Born in |
(SV) |
on 08/01/1926 |
- Fiscal Code : DLBMRL26A48I480G |
|
Residence : |
Via |
Aspera |
, 1 |
- 17019 |
Varazze |
(SV) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Limited Partner |
05/06/2002 |
216.000 - Eur |
18,00 |
No Protests registered.
|
Baglietto |
Nicolo' |
|
Born in |
(SV) |
on 25/02/1956 |
- Fiscal Code : BGLNCL56B25I480V |
|
Residence : |
Corso |
Italia |
, 52/2 |
- 16100 |
Genova |
(GE) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
General Partner |
05/06/2002 |
384.000 - Eur |
32,00 |
No Protests registered.
|
Baglietto |
Luigi |
|
Born in |
(SV) |
on 03/01/1951 |
- Fiscal Code : BGLLGU51A03I480A |
|
Residence : |
Via |
Aspera |
, 1 |
- 17019 |
Varazze |
(SV) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
General Partner |
05/06/2002 |
384.000 - Eur |
32,00 |
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.
|
BAGLIETTO FRANCESCO |
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|
DEL BUONO MARIA LEA |
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|
BAGLIETTO NICOLO' |
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|
BAGLIETTO LUIGI |
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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.
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:
|
- |
Legal and operative seat |
|
in : |
|
|
|
|
|
Via |
Castelgazzo |
, 11 |
- 15067 - |
|
( |
- IT - |
|
|
|
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Employees |
: 12 |
|
|
|
|
Fittings and Equipment |
for a value of
129.114 |
Eur |
|
|
|
|
Stocks |
for a value of
260.810 |
Eur |
HISTORICAL
INFORMATION AND/OR FIRM'S
STATUS
|
The firm absorved |
|
G. Baglietto S.a.s. Di Francesco Baglietto E C. |
|
Via |
Castelgazzo |
, 11 |
, 15067 |
, |
( |
- IT - |
|
Fiscal Code: 00832440093 |
|
Date |
: |
31/12/2002 |
|
The firm absorbed by merging of |
|
G. Baglietto S.a.s. Di Francesco Baglietto E C. |
|
Via |
Castelgazzo |
, 11 |
, 15067 |
, |
( |
- IT - |
|
Fiscal Code: 00832440093 |
|
Date |
: |
31/12/2002 |
|
Project of merging by taking over of |
|
G. Baglietto S.a.s. Di Francesco Baglietto E C. |
|
Via |
Castelgazzo |
, 11 |
, 15067 |
, |
( |
- IT - |
|
Fiscal Code: 00832440093 |
|
Date |
Merging/Splitting-up Project : |
06/08/2002 |
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.
None reported in the name of the Firm.
FINANCIAL AND
ECONOMICAL ANALYSIS
Long-established enterprise, which is operating on local market and in the
specific field for many years.
The cash stage enables the subject company to run its activity in a
regular way.
Constantly but slowly upward trend. Payment experiences gathered are
gratifying. It settles its engagements on fixed terms.
Contained indebtedness towards banks. Now and then, they exceed towards
suppliers, although managerial imbalance aren't registered.
Sufficient profitability.
No irregularities are registered.
Business connections are quite regular.
FINANCIAL DATA
|
Complete balance-sheet for the year as at |
|
(in Eur |
x 1 ) |
|
Item Type |
Amount |
Source |
|
Sales |
4.338.237 |
estimated by our analyst |
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:
162.200 .Eur.
MARKET / TERRITORY
DATA
|
Population living in the province |
: |
429.080 |
|
Population living in the region |
: |
4.330.172 |
|
Number of families in the region |
: |
1.889.207 |
Monthly family expenses average in the region (in Eur.) :
|
- per food products |
: |
429 |
|
- per non food products |
: |
1.789 |
|
- per energy consume |
: |
135 |
SECTOR DATA
The values are calculated on a base of 1.621 significant companies.
The companies cash their credits on an average of 112 dd.
The average duration of suppliers debts is about 106 dd.
The sector's profitability is on an average of 2,10%.
The labour cost affects the turnover in the measure of 4,77%.
Goods are held in stock in a range of 27 dd.
The difference between the sales volume and the resources used to
realize it is about 1,69.
The employees costs represent the 4,87% of the production costs.
STATISTICAL
DETRIMENTAL DATA
Average values concerning the risk level as to the field the
subject operates into.
Risk rate recorded in the territory where the subject is placed:
average.
In the region 27.019 protested subjects are found; in the province they
count to 2.105.
The insolvency index for the region is 0,63, while for the province it
is 0,50.
Total Bankrupt companies in the province : 1.755.
Total Bankrupt companies in the region : 14.165.
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. |
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 |
|
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%)