MIRA
INFORM REPORT
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Report Date : |
24.06.2008 |
IDENTIFICATION
DETAILS
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Name : |
CALZIFICIO BRAGA DI BRAGA GIUSEPPE |
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Registered Office : |
Via Ferri, 8 25010 - Borgosatollo (BS) |
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Country : |
Italy |
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Date of Incorporation : |
01.02.1992 |
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Com. Reg. No.: |
BS-1996-181243 |
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Legal Form : |
Sole Proprietorship |
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Line of Business : |
Knitwear and Hosiery Factory. |
RATING &
COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Maximum Credit Limit : |
EUR 33.000
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Status : |
Good |
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
name & address
Calzificio Braga Di Braga Giuseppe
Via Ferri, 8
25010 - Borgosatollo (BS) -IT-
SUMMARY
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Fiscal Code |
: |
BRGGPP54M05B040H |
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Legal Form |
: |
Sole proprietorship |
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Start of Activities |
: |
01/02/1992 |
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Turnover Range |
: |
1.000.000/1.250.000 Eur |
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Number of Employees |
: |
from 11 to 15 |
CREDIT ANALYSIS
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CREDIT OPINION |
: |
33.000 - Eur |
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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
Knitwear and hosiery factory.
Production of socks and stockings.
LEGAL DATA
Legal Form
: Sole proprietorship
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Register of Handcraft firms
: 114619 of Brescia since 26/02/1992 |
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Fiscal Code : BRGGPP54M05B040H |
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Foreign Trade Reg. no.
: BS042322 since 16/11/1992 |
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Chamber of Commerce no. :
336167 of Brescia since 26/02/1992 |
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Firms' Register : BS-1996-181243 since 19/02/1996 |
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V.A.T. Code : 03175250178 |
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Start of Activities |
:
01/02/1992 |
MEMBERS
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Braga |
Giuseppe |
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Born in Borgosatollo |
(BS) |
on 05/08/1954 |
- Fiscal Code : BRGGPP54M05B040H |
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Residence : |
Via |
Garibaldi |
, 44 |
- 25010 |
Borgosatollo |
(BS) |
- 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.
*In this module are listed the companies in which members hold or held
positions.
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BRAGA |
GIUSEPPE |
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Company Style |
Legal Seat |
Fiscal Code |
Position |
Position Status |
Firm Status |
|
ELLE DUE DI BRAGA E C. S.N.C. |
Borgosatollo (BS) - IT - |
02080400175 |
Partner |
Active |
Registered |
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ELLE DUE DI BRAGA E C. S.N.C. |
Borgosatollo (BS) - IT - |
02080400175 |
Partner and financer |
Active |
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.
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 |
Ferri |
, 8 |
- 25010 - |
Borgosatollo |
(BS) |
- IT - |
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PHONE |
: 030/2500320 |
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Employees |
: 12 |
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Part-time workers |
: 6 |
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Fittings and Equipment |
for a value of
120.000 |
Eur |
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Stocks |
for a value of
270.000 |
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.
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 |
1.239.496 |
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:
33.000 .Eur.
MARKET / TERRITORY DATA
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Population living in the province |
: |
1.169.259 |
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Population living in the region |
: |
9.393.092 |
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Number of families in the region |
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3.858.736 |
Monthly family expences average in the region (in Eur.) :
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- 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 704 significant companies.
The companies cash their credits on an average of 128 dd.
The average duration of suppliers debts is about 140 dd.
The sector's profitability is on an average of 2,08%.
The labour cost affects the turnover in the measure of 13,46%.
Goods are held in stock in a range of 71 dd.
The difference between the sales volume and the resources used to
realize it is about 1,15.
The employees costs represent the 13,76% 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 5.551.
The insolvency index for the region is 0,55, while for the province it is
0,48.
Total Bankrupt companies in the province : 3.452.
Total Bankrupt companies in the region : 39.612.
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%)