MIRA
INFORM REPORT
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Report Date : |
26.10.2007 |
IDENTIFICATION DETAILS
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Name : |
EURO EDILARREDO DI GIOVANNI VALANZANO |
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Registered Office : |
Via Pacinotti, 50054 - Fucecchio (FI) -IT- |
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Country : |
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Date of Incorporation : |
01/04/2007 |
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Legal Form : |
Sole
proprietorship |
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Line of Business : |
Wholesale of building materials. Retail of sanitary and
building articles |
RATING & COMMENTS
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MIRA’s Rating : |
C |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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Status : |
Small / Unknown |
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Payment Behaviour : |
Unknown |
COMPANY NAME &
ADDRESS
EURO EDILARREDO DI GIOVANNI VALANZANO
Via Pacinotti,
50054 - Fucecchio (FI) -IT-
SUMMARY
Fiscal Code : VLNGNN42B07C129D
Legal Form : Sole proprietorship
Start of
Activities : 01/04/2007
Number of
Employees : from 1 to 5
N.B.: Additional information are present in the "FURTHER
INFORMATION" module.
CREDIT ANALYSIS
Score : 1. Risk very high
Recent
start up - Use caution.
ACTIVITY
Wholesale of building materials.
Retail of sanitary and building articles.
LEGAL DATA
Legal Form :
Sole proprietorship
Fiscal Code :
VLNGNN42B07C129D
Chamber of Commerce no. : 571213 of
Foundation Date : 02/04/2007
Start of
Activities :
01/04/2007
MEMBERS
Valanzano Giovanni
Born in
Residence : Via
Strada Rispoli , 98 - 80053
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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.
*In this module are listed the companies in which members hold or held
positions.
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VALANZANO |
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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 Pacinotti
, s.n. - 50054 – Fucecchio (FI) - IT -
Trading Style: EURO EDILARREDO
PHONE :
392/2919927
Mob. Ph. :
338/1710017
Email :
pratici@hotmail.com
Assistants :
1
CREDIT REVOLVING
The subject of inquiry has been monitored by our company:
During the last 6 Months : n. 2 times.
During the last 12 Months : n. 2 times.
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
The subject's early starting does not allow any expression in credit
opinion. We believe that further developments are necessary to appreciate the
situation.
Means and time of payments are not completely defined. Present
economical and financial situation is still not much linear.
Business relationships with its own suppliers have to be verified.
FURTHER INFORMATION
The firm under review has been established in 2007 by Mr. Giovanni
Valanzano. He has previous experiences
in the sector as he was sole proprietor of firm - dissolved in April 2007 - which had its seat
in Altavilla Salentina (SA), Via Chiusa
13.
CREDIT OPINION
DETERMINATION
The credit opinion determination is divided into two phases :
1) Risk analysis (Score).
2) Reliability score identification.
RISK ANALYSIS
(SCORE)
On the base of precise indicators as "Activity sector",
"Area", "Firm's foundation", "Payment
analysis","Profitability", we analysed the companies included in
the same activity sector of subject company, classifying them by their own risk
score.
Classification of companies in the same sector by risk score :
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Score |
Risk level |
% Firms |
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1 |
very high |
5% |
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2 |
high |
1% |
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3 |
slightly high |
9% |
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4 |
normal |
29% |
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5 |
low |
56% |
The company under review falls within the range of very high risk.
RELIABILITY SCORE
The firm has been recently activated, therefore, for the moment, no
necessary elements are present for an adequate credit evaluation.
CREDIT OPINION
Considering the above mentioned explained situation we advise to follow
closely subjects developments.
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 : 965.388
Population living
in the region : 3.598.269
Number of families
in the region : 1.474.681
Monthly family expences average in the region (in Eur.) :
- per food
products : 444
- per non food
products : 2.009
- per energy
consume : 122
SECTOR DATA
The values are calculated on a base of 2.760 significant companies.
The companies cash their credits on an average of 125 dd.
The average duration of suppliers debts is about 152 dd.
The sector's profitability is on an average of 2,43%.
The labour cost affects the turnover in the measure of 8,20%.
Goods are held in stock in a range of 69 dd.
The difference between the sales volume and the resources used to
realize it is about 1,32.
The employees costs represent the 8,36% 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 24.960 protested subjects are found; in the province they
count to 5.242.
The insolvency index for the region is 0,70, while for the province it
is 0,55.
Total Bankrupt companies in the province : 6.520.
Total Bankrupt companies in the region : 20.423.
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. |
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%)