MIRA
INFORM REPORT
|
Report Date : |
05.08.2008 |
IDENTIFICATION
DETAILS
|
Name : |
ITALCA S.R.L. |
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Registered Office : |
Via Vittorio
Veneto, 36 22079 - Villa Guardia (CO) |
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Country : |
Italy |
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Date of Incorporation : |
13.08.1985 |
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Com. Reg. No.: |
CO075-19287 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
Manufacture of Various Clothes. Manufacture of Scarves, Foulards and Shawls. |
RATING &
COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Maximum Credit Limit : |
Eur 58.000 |
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Status : |
Good |
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
name & address
Italca S.r.l.
Via Vittorio
Veneto, 36
22079 - Villa Guardia (CO) -IT-
SUMMARY
|
Fiscal Code |
: |
01551280132 |
|
Legal Form |
: |
Limited liability company |
|
Start of Activities |
: |
13/08/1985 |
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Turnover Range |
: |
1.250.000/1.500.000 Eur |
|
Number of Employees |
: |
from 11 to 15 |
N.B.: Additional information are present in the "FURTHER
INFORMATION" module.
CREDIT ANALYSIS
|
CREDIT OPINION |
: |
58.000 - Eur |
|
Score |
: |
Risk normal |
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Creditworthness Rate |
: |
Good |
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Under the financial aspect a certain balance is reported which leads |
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to a credit with a very limited risk. |
ACTIVITY
Manufacture of various clothes.
Manufacture of scarves, foulards and shawls.
LEGAL DATA
Legal Form : Limited liability company
|
Register of Handcraft firms
: 65084 of Como |
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Register of Handcraft firms
: 0065084 of Como since 04/11/1985 |
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Fiscal Code : 01551280132 |
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Foreign Trade Reg. no.
: CO034678 since 29/10/1993 |
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Chamber of Commerce no.
: 198366 of Como since 11/09/1985 |
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Firms' Register : CO075-19287 since 19/02/1996 |
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V.A.T. Code : 01551280132 |
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Foundation Date |
: 04/10/1985 |
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Establishment Date |
: 04/10/1985 |
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Start of Activities |
: 13/08/1985 |
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Legal Duration Date |
: 31/12/2030 |
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Nominal Capital |
: 100.000 |
Eur |
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Subscribed Capital |
: 100.000 |
Eur |
|
Paid up Capital |
: 100.000 |
Eur |
MEMBERS
|
Cairoli |
Paolo |
|
Born in Como |
(CO) |
on 13/08/1963 |
- Fiscal Code : CRLPLA63M13C933S |
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Residence : |
Via |
Caronti |
, 67 |
- 22100 |
Como |
(CO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
31/12/2006 |
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|
No Protests registered.
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Cairoli |
Luigi |
|
Born in Como |
(CO) |
on 18/07/1960 |
- Fiscal Code : CRLLGU60L18C933O |
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Residence : |
Via |
Mentana |
, 32 |
- 22100 |
Como |
(CO) |
- IT - |
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Position |
Since |
Shares Amount |
% Ownership |
|
Board Chairman |
31/12/2006 |
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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.
|
CAIROLI |
LUIGI |
|
Company Style |
Legal Seat |
Fiscal Code |
Position |
Position Status |
Firm Status |
|
CARESANI S.R.L. IN LIQUIDAZIONE |
Villa Guardia (CO) - IT - |
02263720134 |
Liquidator |
Dismiss |
Ceased |
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FRATELLI COLOMBO DI DOTTOR ALESSANDRO COLOMBO E C. SOCIETA' IN AC
COMANDITA SEMP |
Como (CO) - IT - |
00226800134 |
Limited Partner |
- |
Bankrupt |
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 |
|
Cairoli Paolo |
Como - IT - |
CRLPLA63M13C933S |
50.000 .Eur |
50,00 |
|
Cairoli Luigi |
Como - IT - |
CRLLGU60L18C933O |
50.000 .Eur |
50,00 |
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 |
Vittorio Veneto |
, 36 |
- 22079 - |
Villa Guardia |
(CO) |
- IT - |
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PHONE |
: 031/563101 |
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- |
Branch |
(Shop ) |
since 05/10/2000 |
in : |
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Via |
Vittorio Veneto |
, 36 Loc. MACCIO |
- 22079 - |
Villa Guardia |
(CO) |
- IT - |
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Total Surface: 67 (Sq.Mt.) |
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Employees |
: 14 |
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Fittings and Equipment |
for a value of
80.000 |
Eur |
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Stocks |
for a value of
290.000 |
Eur |
HISTORICAL INFORMATION AND/OR
FIRM'S STATUS
|
Changes to the legal
form |
|
Former legal
form |
New legal form |
Changement Date |
|
General partnership |
Limited liability company |
27/12/2006 |
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Company Style
modifications |
|
Former Style |
New Style |
Changement Date |
|
ITALCA DI CAIROLI LUIGI E C. - S.N.C. |
ITALCA S.R.L. |
27/12/2006 |
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Ex-Members /
Ex-Positions |
|
Cairoli |
Paolo |
|
Born in Como |
on 13/08/1963 |
- Fiscal Code : CRLPLA63M13C933S |
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Residence : |
Via |
Caronti |
, 67 |
- 22100 |
Como |
(CO) |
- IT - |
|
Position |
|
Partner |
|
Cairoli |
Luigi |
|
Born in Como |
on 18/07/1960 |
- Fiscal Code : CRLLGU60L18C933O |
|
Residence : |
Via |
Mentana |
, 32 |
- 22100 |
Como |
(CO) |
- IT - |
|
Position |
|
Partner |
|
Cairoli |
Paolo |
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Born in COMO |
on 13/09/1963 |
- Fiscal Code : CRLPLA63M13C933S |
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Residence : |
Via |
MENTANA |
, 32 |
- 22100 |
Como |
(CO) |
- IT - |
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Position |
|
Partner |
|
Colombo |
Adriana |
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Born in Como |
on 03/11/1936 |
- Fiscal Code : CLMDRN36S43C933X |
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Fiscal residence : |
Via |
Mentana |
, 32 |
- 22100 |
Como |
(CO) |
- IT - |
|
Position |
|
Partner |
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
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
|
Complete balance-sheet for the year as at |
|
(in Eur |
x 1 ) |
|
Item Type |
Amount |
Source |
|
Sales |
1.446.079 |
estimated by our analyst |
FURTHER INFORMATION
The company under review changed its legal form only at the end 2006 and
so no
balance sheet is still available.
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:
58.000 .Eur.
MARKET / TERRITORY DATA
|
Population living in the province |
: |
560.941 |
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Population living in the region |
: |
9.393.092 |
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Number of families in the region |
: |
3.858.736 |
Monthly family expences average in the region (in Eur.) :
|
- per food products |
: |
460 |
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- per non food products |
: |
2.090 |
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- per energy consume |
: |
114 |
SECTOR DATA
The values are calculated on a base of 1.805 significant companies.
The companies cash their credits on an average of 125 dd.
The average duration of suppliers debts is about 140 dd.
The sector's profitability is on an average of 2,33%.
The labour cost affects the turnover in the measure of 12,37%.
Goods are held in stock in a range of 65 dd.
The difference between the sales volume and the resources used to
realize it is about 1,23.
The employees costs represent the 12,44% 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 50.886 protested subjects are found; in the province they
count to 3.842.
The insolvency index for the region is 0,55, while for the province it
is 0,70.
Total Bankrupt companies in the province : 2.010.
Total Bankrupt companies in the region : 39.612.
FOREIGN EXCHANGE
RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.42.28 |
|
UK Pound |
1 |
Rs.82.79 |
|
Euro |
1 |
Rs.65.69 |
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 |
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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 |
|
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 |
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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 |
|
<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 |
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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%)