MIRA
INFORM REPORT
|
Report Date : |
03.01.2008 |
IDENTIFICATION
DETAILS
|
Name : |
CAFFE' SCOLASTICI S.R.L. |
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Registered Office : |
Via PADRE ANTIONIO CASAMASSA, 19
00100- Roma (RM)-IT- |
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Country : |
Italy |
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Financials (as on) : |
31.12.2006 |
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Date of Incorporation : |
05.05.1976 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
Production of coffee, coffee and tea surrogates |
RATING &
COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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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Maximum Credit Limit : |
16.500 - Eur |
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Status : |
Moderate |
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Payment Behaviour : |
Slow |
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Litigation : |
Clear |
ANALYSIS
Caffe' Scolastici S.r.l.
Via PADRE ANTIONIO
CASAMASSA, 19
00100 - Roma (RM) -IT-
SUMMARY
Fiscal Code : 02573950587
Legal Form : Limited Liability Company
Start of
Activities : 01/07/1976
Patrimonial
Consistence : 65.000 Eur
Turnover Range : 1.500.000/2.000.000 Eur
Number of Employees
: from 1 to 5
CREDIT ANALYSIS
CREDIT OPINION : 16.500
- Eur
Score : Risk
medium
Creditworthness Rate :
(Modest)
The
financial situation is not very balanced-Credit is possible but
following
the future developments.
ACTIVITY
Production of coffee, coffee and tea surrogates.
Wholesale of coffee.
LEGAL DATA
Legal Form
: Limited liability company
Fiscal Code :
02573950587
Foreign Trade Reg. no. :
RM020482 since 08/02/1993
Foreign Trade Reg. no. :
20482 of Roma since 08/02/1993
Chamber of Commerce no. :
407344 of Roma since 24/06/1976
Firms' Register :
RM091-2456 since 19/02/1996
V.A.T. Code :
01080001009
Foundation Date : 05/05/1976
Establishment Date : 05/05/1976
Start of
Activities :
01/07/1976
Legal Duration
Date : 31/12/2050
Nominal Capital : 40.800 Eur
Subscribed Capital : 40.800 Eur
Paid up Capital : 40.800 Eur
MEMBERS
Scolastici Roberto
Born in Roma (RM)on 03/02/1940 - Fiscal Code : SCLRRT40B03H501U
Residence : Via Delle Accademie 47 - 00147 Roma (RM)- IT -
Position Since Shares Amount % Ownership
Sole Director 16/02/1985
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.
|
SCOLASTICI |
ROBERTO |
|
Company Style |
Legal Seat |
Fiscal Code |
Position |
Position Status |
Firm Status |
|
CAFFE CLUB - S.R.L. |
Roma (RM) - IT - |
03737960587 |
Sole Director |
Dismiss |
Registered |
|
FINCAFFE' S.R.L. |
Roma (RM) - IT - |
08180180583 |
Liquidator |
- |
Ceased |
|
INTERSERVICE 86 S.R.L. |
Roma (RM) - IT - |
07721680580 |
Sole Director |
Dismiss |
Registered |
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 |
|
Di Lorenzo Dorotea |
|
DLRDRT40L49G273P |
.Eur |
50,00 |
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SCOLASTICI LORENZO |
Roma - IT - |
SCLLNZ68H03H501L |
.Eur |
25,00 |
|
SCOLASTICI FRANCESCO |
Roma - IT - |
SCLFNC70B23H501N |
.Eur |
25,00 |
DIRECT PARTICIPATIONS
|
Company Style |
Legal Seat |
Fiscal Code |
Owned Shares |
% of Ownership |
Share Status |
|
MA.DA. SERVICE S.R.L. |
Roma - IT - |
02160410581 |
17.461 .Eur |
35,00 |
Ceased |
STRUCTURE AND COMPANY
ACTIVITY
In order to carry out its activities the firm uses the following
locations:
|
- |
Legal and operative seat |
|
since 05/05/1976 |
in : |
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Via |
PADRE ANTIONIO CASAMASSA |
, 19 |
- 00100 - |
Roma |
(RM) |
- IT - |
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PHONE |
: 06/5657150 |
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Employees |
: 1 |
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Active partners |
: 3 |
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Fittings and Equipment |
for a value of
129.114 |
Eur |
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Stocks |
for a value of
234.000 |
Eur |
PAYMENTS ANALYSIS
The average term of debts to suppliers is high 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 1.175.455 .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 1989.
Unstable economic results mark the company's financial state of affairs.
anyway in 2006 a positive result was achieved (r.o.e. 18,55%). The turnover is
falling if compared with the previous financial year (EFAT1E%).
The return on investment in the last financial year was negative
(-1,62%).
Net worth does not allow a regular management, short-term debts volume
is considerably high, with an high indebtedness volume on the whole (20,49)
which tends downward.
Payments average period is high however above the average.
Liquidity is however good.
FINANCIAL DATA
|
Complete balance-sheet for the year as at |
31/12/2006 |
(in Eur |
x 1 ) |
|
Item Type |
Amount |
Source |
|
Sales |
1.590.127 |
filed balance sheet |
|
Profit (Loss) for the period |
12.035 |
filed balance sheet |
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Complete balance-sheet for the year as at |
31/12/2005 |
(in Eur |
x 1 ) |
|
Item Type |
Amount |
Source |
|
Sales |
2.298.744 |
filed balance sheet |
|
Profit (Loss) for the period |
5.609 |
filed balance sheet |
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Complete balance-sheet for the year as at |
31/12/2004 |
(in Eur |
x 1 ) |
|
Item Type |
Amount |
Source |
|
Sales |
1.434.220 |
filed balance sheet |
|
Profit (Loss) for the period |
-115.046 |
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 31/12/2006 - Months 12 - Currency Eur - Amounts x 1 |
|
Balance Sheet as
at 31/12/2005 - Months 12 - Currency Eur - Amounts x 1 |
|
Years |
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2006 |
2005 |
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BALANCE SHEET
ACCOUNTS |
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. |
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ASSETS |
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CREDITS TO SHAREHOLDERS |
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FIXED ASSETS ( NET ) |
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|
994.075 |
1.015.483 |
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. Intangible assets |
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|
517 |
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. Tangible fixed assets |
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|
994.041 |
1.014.932 |
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. . Land and buildings |
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. . Plants, Equipm.and Machinery |
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. Long-term Investments |
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34 |
34 |
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. . Financial loans |
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34 |
34 |
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. . Own shares |
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CURRENT ASSETS |
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6.091.295 |
5.725.407 |
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. Stock |
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234.083 |
229.495 |
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. Credits |
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4.242.422 |
4.290.298 |
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. . Credits to clients |
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4.242.422 |
4.290.298 |
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. . Other credits |
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. Short-term financial assets |
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. Liquid assets |
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1.614.790 |
1.205.614 |
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ACCRUED INCOME-DEFERR. ASSETS |
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|
3.534 |
1.284 |
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TOTAL ASSETS |
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7.088.904 |
6.742.174 |
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. |
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LIABILITIES |
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NET WORTH |
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64.861 |
52.825 |
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. Company's capital |
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40.800 |
40.800 |
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. Reserves |
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6.697 |
6.416 |
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. Reserves company's own shares |
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. Retained profits (losses) |
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|
5.329 |
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. Profit (loss) |
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12.035 |
5.609 |
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PROVISION CHARGES ACCOUNTS |
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STAFF TERM INDEMNITY |
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|
60.745 |
57.116 |
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DEBTS |
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|
6.830.375 |
6.509.726 |
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. Financial M/L terms |
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. . Financial M/L term banks |
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. . Financial M/L bonds |
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. . Other financial M/L debts |
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. Financial short-term debts |
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. . Financial short-term banks |
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. . Financial short-term bonds |
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. . Other financial short-term debts |
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. M/L term debts to suppliers |
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. Short-term debts to suppliers |
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. Sundry M/L debts |
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. Sundry short-term debts |
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ACCRUED COSTS DEFERR. LIABILITIES |
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|
132.923 |
122.507 |
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TOTAL LIABILITIES |
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|
7.088.904 |
6.742.174 |
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. |
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PROFIT AND LOSS
ACCOUNTS |
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OUTPUT VALUE |
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2.118.467 |
2.737.467 |
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. Revenues from sales/services |
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|
1.590.127 |
2.298.744 |
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. Change of stock (products) |
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OPERATING EXPENSES |
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|
2.233.602 |
2.741.269 |
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. Purchasing expenses |
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|
1.478.701 |
1.490.908 |
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. Change of stock (raw material) |
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|
-4.588 |
45.320 |
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. Expenses from services |
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|
151.149 |
262.040 |
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. Expenses from leasing |
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. General expenses/sundry charges |
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|
541.386 |
873.981 |
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. Staff expenses |
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|
45.546 |
45.531 |
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. Depreciation/Devaluation costs |
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|
21.408 |
23.489 |
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FINANCIAL REVENUES (CHARGES) |
|
|
-1.009 |
-9.804 |
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. Financial charges |
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|
-1.046 |
-9.811 |
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. Financial revenues |
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|
37 |
7 |
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FINANCIAL ASSETS CORRECTION |
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EXTRAORDINARY FINANCIAL REVENUES (CHARGES) |
|
|
130.973 |
21.752 |
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PROFIT (LOSS) FOR THE PERIOD |
|
|
14.829 |
8.146 |
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TAX |
|
|
2.794 |
2.537 |
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CORRECT./ALLOCAT. FISCAL RULE |
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NET PROFIT (LOSS) |
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|
12.035 |
5.609 |
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RATIOS |
Item |
O.V. |
O.V. |
as at 31/12/2006 |
as at 31/12/2005 |
Sector Average |
|
Fixed assets ratio |
Units |
=> 1 |
l |
4,03 |
3,79 |
1,60 |
|
Net Short-term indebtedness |
Units |
- 1 |
l |
20,49 |
29,45 |
5,70 |
|
Current ratio |
Units |
=> 1 |
l |
2,06 |
2,07 |
1,08 |
|
Acid Test
Ratio-Liquidity Ratio |
Units |
=> 1 |
l |
1,98 |
1,99 |
0,88 |
|
Return on Sales |
% |
|
l |
2,10 |
1,26 |
1,49 |
|
Average stock
waiting period |
dd |
|
l |
52,99 |
35,92 |
25,19 |
|
Credits to clients
average term |
dd |
|
l |
960,44 |
671,86 |
83,16 |
|
Debts to suppliers
average term |
dd |
|
l |
1.500,00 |
1.320,00 |
99,54 |
|
Net financial
revenues/ charges incidence |
% |
|
l |
- 0,06 |
- 0,42 |
- 0,53 |
|
Labour cost
incidence |
% |
|
l |
2,86 |
1,98 |
5,76 |
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
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:
16.500 .Eur.
MARKET / TERRITORY
DATA
Population living
in the province : 3.807.992
Population living
in the region : 5.269.972
Number of families
in the region : 2.091.220
Monthly family expences average in the region (in Eur.) :
- per food
products : 472
- per non food
products : 1.832
- per energy
consume : 102
SECTOR DATA
The values are calculated on a base of 4.774 significant companies.
The companies cash their credits on an average of 83 dd.
The average duration of suppliers debts is about 99 dd.
The sector's profitability is on an average of 1,49%.
The labour cost affects the turnover in the measure of 5,76%.
Goods are held in stock in a range of 25 dd.
The difference between the sales volume and the resources used to
realize it is about 2,09.
The employees costs represent the 5,74% 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 53.924 protested subjects are found; in the province they
count to 34.465.
The insolvency index for the region is 1,04, while for the province it
is 0,92.
Total Bankrupt companies in the province : 31.914.
Total Bankrupt companies in the region : 37.442.
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%)