MIRA INFORM REPORT
|
Report Date : |
24.06.2008 |
IDENTIFICATION
DETAILS
|
Name : |
CALZIFICIO FACENTI S.R.L |
|
|
|
|
Registered Office : |
Via B. Buozzi, 23, 25011 - Bagnolo Mella (BS) |
|
|
|
|
Country : |
Italy |
|
|
|
|
Financials (as on) : |
31.12.2006 |
|
|
|
|
Date of Incorporation : |
01.11.1999 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
Knitwear and Hosiery Factory. |
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 |
|
Maximum Credit Limit : |
EUR 100.000 |
|
|
|
|
Status : |
Moderate |
|
|
|
|
Payment Behaviour : |
No Complaints |
|
|
|
|
Litigation : |
Clear |
Name & address
Calzificio Facenti
S.R.L.
Via B. Buozzi, 23
25011 -
Bagnolo Mella (BS) -IT-
SUMMARY
|
Fiscal Code |
: |
02080050988 |
|
Legal Form |
: |
Limited liability company |
|
Start of Activities |
: |
01/11/1999 |
|
Patrimonial Consistence |
: |
1.000.000 Eur |
|
Turnover Range |
: |
6.500.000/7.750.000 Eur |
|
Number of Employees |
: |
from 11 to 15 |
CREDIT ANALYSIS
|
CREDIT OPINION |
: |
100.000 - Eur |
|
Score |
: |
Risk medium |
|
Creditworthness Rate |
: |
Modest |
|
|
: |
|
|
|
|
The financial situation is not very balanced-Credit is possible but |
|
|
|
following the future developments. |
ACTIVITY
Knitwear and hosiery factory.
LEGAL DATA
Legal Form : Limited liability company
|
Fiscal Code : 02080050988 |
|
Foreign Trade Reg. no. : BS073525 since 07/12/1999 |
|
Chamber of Commerce no. : 412966 of Brescia since 25/10/1999 |
|
Firms' Register : BS-1999-65490 |
|
V.A.T. Code : 02080050988 |
|
Establishment Date |
: 27/09/1999 |
|
|
Start of Activities |
: 01/11/1999 |
|
|
Legal Duration Date |
: 31/12/2050 |
|
|
Nominal Capital |
: 98.800 |
Eur |
|
Subscribed Capital |
: 98.800 |
Eur |
|
Paid up Capital |
: 98.800 |
Eur |
MEMBERS
|
Facenti |
Luigi |
|
Born in Bagnolo Mella |
(BS) |
on 26/08/1926 |
- Fiscal Code : FCNLGU26M26A569L |
|
Residence : |
Via |
Roma |
, 10 |
- 25021 |
Bagnolo Mella |
(BS) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Managing Director |
27/09/1999 |
|
|
|
Board Chairman |
27/09/1999 |
|
|
No Protests registered.
|
Facenti |
Claudia |
|
Born in Brescia |
(BS) |
on 02/11/1965 |
- Fiscal Code : FCNCLD65S42B157E |
|
Residence : |
Via |
Roma |
, 16 |
- 25021 |
Bagnolo Mella |
(BS) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
27/09/1999 |
|
|
|
Managing Director |
27/09/1999 |
|
|
No Protests registered.
|
Facenti |
Michela |
|
Born in Brescia |
(BS) |
on 22/12/1970 |
- Fiscal Code : FCNMHL70T62B157K |
|
Residence : |
Via |
Roma |
, 8 |
- 25021 |
Bagnolo Mella |
(BS) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
27/09/1999 |
|
|
|
Managing Director |
27/09/1999 |
|
|
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.
|
FACENTI |
LUIGI |
|
Company Style |
Legal Seat |
Fiscal Code |
Position |
Position Status |
Firm Status |
|
CALZIFICIO ITALO SRL |
Bagnolo Mella (BS) - IT - |
00269510178 |
Sole Director |
Dismiss |
Ceased |
|
CALZIFICIO ITALO SRL |
Bagnolo Mella (BS) - IT - |
00269510178 |
Liquidator |
- |
Ceased |
|
EMMEGI S.A.S. DI FACENTI LUIGI E C. |
Bagnolo Mella (BS) - IT - |
01140100171 |
General Partner |
- |
Ceased |
|
EMMEGI S.A.S. DI FACENTI LUIGI E C. |
Bagnolo Mella (BS) - IT - |
01140100171 |
Liquidator |
- |
Ceased |
|
IMMAGI DI FACENTI LUIGI |
Bagnolo Mella (BS) - IT - |
FCNLGU26M26A569L |
Proprietor |
- |
Ceased |
|
FACENTI |
CLAUDIA |
|
Company Style |
Legal Seat |
Fiscal Code |
Position |
Position Status |
Firm Status |
|
C.F.M. SNC DI CLAUDIA FACENTI E C. |
Bagnolo Mella (BS) - IT - |
01566490981 |
Partner |
- |
Ceased |
|
CALZIFICIO CLAUDIA DI FACENTI CLAUDIA E C. S.N.C. |
Bagnolo Mella (BS) - IT - |
01931320988 |
Partner |
Active |
Registered |
|
CALZIFICIO CLAUDIA DI FACENTI CLAUDIA E C. S.N.C. |
Bagnolo Mella (BS) - IT - |
01931320988 |
Working partner |
Active |
Registered |
|
FAGEST S.R.L. |
Brescia (BS) - IT - |
03514830177 |
Sole Director |
Active |
Registered |
|
FINMAGIC S.A.S. DI FACENTI CLAUDIA |
Brescia (BS) - IT - |
02527130989 |
General Partner |
Active |
Registered |
|
FINSTAR S.A.S. DI FACENTI MICHELA |
Brescia (BS) - IT - |
02949530980 |
Limited Partner |
Active |
Registered |
|
FACENTI |
MICHELA |
|
Company Style |
Legal Seat |
Fiscal Code |
Position |
Position Status |
Firm Status |
|
C.F.M. SNC DI CLAUDIA FACENTI E C. |
Bagnolo Mella (BS) - IT - |
01566490981 |
Partner |
- |
Ceased |
|
CALZIFICIO CLAUDIA DI FACENTI CLAUDIA E C. S.N.C. |
Bagnolo Mella (BS) - IT - |
01931320988 |
Partner |
Active |
Registered |
|
CALZIFICIO CLAUDIA DI FACENTI CLAUDIA E C. S.N.C. |
Bagnolo Mella (BS) - IT - |
01931320988 |
Partner and financer |
Active |
Registered |
|
CONFEZIONI ARTIGIANE DI FACENTI MICHELA E C. S.N.C. |
Bagnolo Mella (BS) - IT - |
01852380987 |
Partner |
- |
Ceased |
|
CONFEZIONI ARTIGIANE DI FACENTI MICHELA E C. S.N.C. |
Bagnolo Mella (BS) - IT - |
01852380987 |
Liquidator |
- |
Ceased |
|
CONFEZIONI ARTIGIANE DI FACENTI MICHELA E C. S.N.C. |
Bagnolo Mella (BS) - IT - |
01852380987 |
Partner and financer |
- |
Ceased |
|
CONFEZIONI MIRANDA DI FACENTI MICHELA E C. S.N.C. |
Bagnolo Mella (BS) - IT - |
01884910983 |
Partner |
Active |
Registered |
|
CONFEZIONI MIRANDA DI FACENTI MICHELA E C. S.N.C. |
Bagnolo Mella (BS) - IT - |
01884910983 |
Working partner |
Active |
Registered |
|
F0X S.R.L. |
Brescia (BS) - IT - |
02312740984 |
Sole Director |
Active |
Registered |
|
FINMAGIC S.A.S. DI FACENTI CLAUDIA |
Brescia (BS) - IT - |
02527130989 |
Limited Partner |
Active |
Registered |
|
FINSTAR S.A.S. DI FACENTI MICHELA |
Brescia (BS) - IT - |
02949530980 |
General Partner |
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.
CAPITAL SHAREHOLDERS
|
Style / Name |
Seat / Address |
Fiscal Code |
Owned Shares |
% of Ownership |
|
Facenti Claudia |
Bagnolo Mella - IT - |
FCNCLD65S42B157E |
49.400 .Eur |
50,00 |
|
Facenti Michela |
Bagnolo Mella - IT - |
FCNMHL70T62B157K |
49.400 .Eur |
50,00 |
DIRECT PARTICIPATIONS
|
Company Style |
Legal Seat |
Fiscal Code |
Owned Shares |
% of Ownership |
Share Status |
|
Centro Servizi Calza - S.r.l. |
Castel Goffredo - IT - |
01554370203 |
78 .Eur |
0,33 |
Active |
STRUCTURE AND COMPANY ACTIVITY
In order to carry out its activities the firm uses the following
locations:
|
- |
Legal and operative seat |
|
in : |
|
|
|
|
|
Via |
B. Buozzi |
, 23 |
- 25011 - |
Bagnolo Mella |
(BS) |
- IT - |
|
|
|
|
PHONE |
: 030/682911 |
|
- |
Branch |
(Store ) |
Since 01/11/1999 |
in : |
|
|
|
|
|
Via |
B. Buozzi |
, 33 |
- 25021 - |
Bagnolo Mella |
(BS) |
- IT - |
|
|
|
|
PHONE |
: 030/632911 |
|
|
|
|
Employees |
: 11 |
|
|
|
|
Fittings and Equipment |
for a value of
130.000 |
Eur |
|
|
|
|
Stocks |
for a value of
1.520.000 |
Eur |
PAYMENTS ANALYSIS
The average term of debts to suplliers is normal compared with that
of the sector.
PAYMENTS SCORE : - 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 |
5.304 .Eur |
NB.: For Capital Companies the value of the Immovables is the one
reported in the last available financial documents.
FINANCIAL AND ECONOMICAL ANALYSIS
Subject is active since 1999
During the last years, it achieved profits (r.o.e. 0,87% on 2006) with a
stable trend in the turnover.
The return on Investment in the last financial year was positive (4,25%)
and in line with the sector's average.
The ratio between debts and total assets is fairly high, as it comes out
from the indebtedness (6,71) but on the decrease if compared to the year
before.
Financial debts as well as debts to suppliers are rather high however
still within the sector's average.
The available funds are good.
FINANCIAL DATA
|
Complete balance-sheet for the year as at |
31/12/2006 |
(in Eur |
x 1 ) |
|
Item Type |
Amount |
Source |
|
Sales |
7.598.698 |
filed balance sheet |
|
Profit (Loss) for the period |
7.974 |
filed balance sheet |
|
Complete balance-sheet for the year as at |
31/12/2005 |
(in Eur |
x 1 ) |
|
Item Type |
Amount |
Source |
|
Sales |
7.240.069 |
filed balance sheet |
|
Profit (Loss) for the period |
28.486 |
filed balance sheet |
|
Complete balance-sheet for the year as at |
31/12/2004 |
(in Eur |
x 1 ) |
|
Item Type |
Amount |
Source |
|
Sales |
7.181.811 |
filed balance sheet |
|
Profit (Loss) for the period |
8.945 |
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 |
|
|
2006 |
2005 |
|
|
BALANCE SHEET
ACCOUNTS |
|
|
|
|
. |
|
|
|
|
|
ASSETS |
|
|
|
|
|
CREDITS TO SHAREHOLDERS |
|
|
|
|
|
FIXED ASSETS ( NET ) |
|
|
316.950 |
394.200 |
|
. Intangible assets |
|
|
157.072 |
217.290 |
|
. Tangible fixed assets |
|
|
158.853 |
175.885 |
|
. . Land and buildings |
|
|
|
|
|
. . Plants, Equipm.and Machinery |
|
|
125.142 |
134.895 |
|
. Long-term Investments |
|
|
1.025 |
1.025 |
|
. . Financial loans |
|
|
1.025 |
1.025 |
|
. . Own shares |
|
|
|
|
|
CURRENT ASSETS |
|
|
8.805.627 |
7.110.476 |
|
. Stock |
|
|
4.529.262 |
3.781.948 |
|
. Credits |
|
|
3.753.856 |
3.316.199 |
|
. . Credits to clients |
|
|
3.422.138 |
2.987.811 |
|
. . Other credits |
|
|
331.718 |
328.388 |
|
. Short-term financial assets |
|
|
|
|
|
. Liquid assets |
|
|
522.509 |
12.329 |
|
ACCRUED INCOME-DEFERR. ASSETS |
|
|
5.159 |
564 |
|
TOTAL ASSETS |
|
|
9.127.736 |
7.505.240 |
|
. |
|
|
|
|
|
LIABILITIES |
|
|
|
|
|
NET WORTH |
|
|
913.902 |
755.929 |
|
. Company's capital |
|
|
98.800 |
98.800 |
|
. Reserves |
|
|
807.128 |
628.643 |
|
. Reserves company's own shares |
|
|
|
|
|
. Retained profits (losses) |
|
|
|
|
|
. Profit (loss) |
|
|
7.974 |
28.486 |
|
PROVISION FOR RISKS AND LOSSES |
|
|
175.102 |
159.602 |
|
SEVERANCE INDEMNITY FUND |
|
|
246.217 |
239.235 |
|
DEBTS |
|
|
7.776.693 |
6.340.255 |
|
. Financial M/L terms |
|
|
1.115.794 |
250.985 |
|
. . Financial M/L term banks |
|
|
1.035.154 |
161.385 |
|
. . Financial M/L bonds |
|
|
|
|
|
. . Other financial M/L debts |
|
|
80.640 |
89.600 |
|
. Financial short-term debts |
|
|
3.770.069 |
3.726.306 |
|
. . Financial short-term banks |
|
|
3.761.109 |
3.726.306 |
|
. . Financial short-term bonds |
|
|
|
|
|
. . Other financial short-term debts |
|
|
8.960 |
|
|
. M/L term debts to suppliers |
|
|
|
|
|
. Short-term debts to suppliers |
|
|
2.779.051 |
2.241.758 |
|
. Sundry M/L debts |
|
|
|
|
|
. Sundry short-term debts |
|
|
111.779 |
121.206 |
|
ACCRUED EXPENSE |
|
|
15.822 |
10.219 |
|
TOTAL LIABILITIES |
|
|
9.127.736 |
7.505.240 |
|
. |
|
|
|
|
|
|
PROFIT AND LOSS
ACCOUNTS |
|
|
|
|
OUTPUT VALUE |
|
|
7.489.257 |
7.698.633 |
|
. Revenues from sales/services |
|
|
7.598.698 |
7.240.069 |
|
. Change of stock (products) |
|
|
-218.703 |
139.640 |
|
OPERATING EXPENSES |
|
|
7.100.981 |
7.353.916 |
|
. Purchasing expenses |
|
|
3.399.543 |
3.264.578 |
|
. Change of stock (raw material) |
|
|
-966.017 |
129.154 |
|
. Expenses from services |
|
|
3.838.125 |
3.122.069 |
|
. Expenses from leasing |
|
|
185.638 |
213.602 |
|
. General expenses/sundry charges |
|
|
138.904 |
68.163 |
|
. Staff expenses |
|
|
395.191 |
433.399 |
|
. Depreciation/Devaluation costs |
|
|
109.597 |
122.951 |
|
FINANCIAL REVENUES (CHARGES) |
|
|
-291.455 |
-226.352 |
|
. Financial charges |
|
|
-291.956 |
-226.506 |
|
. Financial revenues |
|
|
501 |
154 |
|
FINANCIAL ASSETS CORRECTION |
|
|
|
|
|
EXTRAORDINARY FINANCIAL REVENUES (CHARGES) |
|
|
-1 |
1 |
|
PROFIT (LOSS) FOR THE PERIOD |
|
|
96.820 |
118.366 |
|
TAX |
|
|
88.846 |
89.880 |
|
CORRECT./ALLOCAT. FISCAL RULE |
|
|
|
|
|
NET PROFIT (LOSS) |
|
|
7.974 |
28.486 |
RATIOS
|
|
Item |
O.V. |
O.V. |
as at 31/12/2006 |
as at 31/12/2005 |
Sector Average |
|
Fixed assets ratio |
Units |
=> 1 |
l |
7,18 |
3,16 |
2,17 |
|
Net Short-term indebtedness |
Units |
- 1 |
l |
6,71 |
8,03 |
3,30 |
|
Current ratio |
Units |
=> 1 |
l |
1,32 |
1,16 |
1,25 |
|
Acid Test Ratio-Liquidity Ratio |
Units' |
=> 1 |
l |
0,64 |
0,54 |
0,85 |
|
Return on Sales |
% |
|
l |
1,54 |
2,09 |
2,08 |
|
Average stock waiting period |
dd |
|
l |
214,56 |
188,02 |
71,85 |
|
Credits to clients average term |
dd |
|
l |
162,10 |
148,53 |
128,69 |
|
Debts to suppliers average term |
dd |
|
l |
134,74 |
122,25 |
140,92 |
|
Net financial revenues/ charges incidence |
% |
|
l |
- 3,83 |
- 3,12 |
- 1,25 |
|
Labour cost incidence |
% |
|
l |
5,20 |
5,98 |
13,46 |
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:
100.000 .Eur.
MARKET / TERRITORY DATA
|
Population living in the province |
: |
1.169.259 |
|
Population living in the region |
: |
9.393.092 |
|
Number of families in the region |
: |
3.858.736 |
Monthly family expences average in the region (in Eur.) :
|
- per food products |
: |
460 |
|
- per non food products |
: |
2.090 |
|
- 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
Statistically the trade activity passes through serious crises.
The area is statistically considered moderately risky.
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
|
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%)