MIRA
INFORM REPORT
|
Report Date : |
02.10.2008 |
IDENTIFICATION
DETAILS
|
Name : |
DIA GEM S.N.C. |
|
|
|
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Registered Office : |
Via Dell' Unione, 2 20122 – Milano (MI) |
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|
|
|
Country : |
Italy |
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|
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Date of Incorporation : |
19.01.1990 |
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|
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|
Legal Form : |
General Partnership |
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|
|
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Line of Business : |
Wholesale of Watches, Clocks and Jewellery. |
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 |
|
Status : |
Good |
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|
|
|
Payment Behaviour : |
No Complaints |
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|
|
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Litigation : |
Clear |
name & address
|
Dia Gem S.n.c. Di Agha Moradi Doron E C. |
|
Via |
Dell' Unione, |
2 |
|
20122 |
- Milano |
(MI) |
-IT- |
SUMMARY
|
Fiscal Code |
: |
09939360153 |
|
Legal Form |
: |
General partnership |
|
Start of Activities |
: |
14/07/1990 |
|
Turnover Range |
: |
750.000/1.000.000 Eur |
|
Number of Employees |
: |
from 1 to 5 |
CREDIT ANALYSIS
|
Score |
: |
Risk normal |
|
Creditworthness Rate |
: |
Good |
|
|
|
Under the financial aspect a certain balance is reported which leads |
|
|
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to a credit with a very limited risk. |
ACTIVITY
Wholesale of watches, clocks and jewellery.
LEGAL DATA
Legal Form :
General partnership
|
Fiscal Code : 09939360153 |
|
Chamber of Commerce no.
: 1328375 of Milano since 19/02/1990 |
|
V.A.T. Code : 09939360153 |
|
Establishment Date |
: 19/01/1990 |
|
|
Start of Activities |
: 14/07/1990 |
|
|
Legal Duration Date |
: 31/12/2050 |
|
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Nominal Capital |
: 15.500 |
Eur |
|
Subscribed Capital |
: 15.500 |
Eur |
|
Paid up Capital |
: 15.500 |
Eur |
MEMBERS
|
Nissim |
Itzhak |
|
Born in Tel Aviv |
on 22/11/1948 |
- Fiscal Code : NSSTHK48S22Z226X |
|
Residence : |
Via |
Soderini |
, 47 |
- 20146 |
Milano |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Partner |
19/01/1990 |
9.300 - Eur |
60,00 |
No Protests registered.
|
Agha Moradi |
Doron |
|
Born in Milano |
(MI) |
on 20/09/1968 |
- Fiscal Code : GHMDRN68P20F205M |
|
Residence : |
Via |
Privata Vergani Orio |
, 1 |
- 20125 |
Milano |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Partner |
19/01/1990 |
6.200 - Eur |
40,00 |
No Protests registered.
COMPANIES CONNECTED TO MEMBERS *
*checkings have been performed on a national scale.
The Members of the subject firm are not reported to be Members in other
companies.
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 |
Dell' Unione |
, 2 |
- 20122 - |
Milano |
(MI) |
- IT - |
|
|
|
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Active partners |
: 2 |
|
|
|
|
Fittings and Equipment |
for a value of
18.000 |
Eur |
|
|
|
|
Stocks |
for a value of
130.000 |
Eur |
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
The subject has been acting for many years on local market.
Liquid means are adequate to meet company requirements.
Subject's growth appears to be constant over the years. Common
trade and financial fulfilment is regular, confirmed by positive
experiences gathered.
Indebtedness rate is not high and so limits burden of financial
charges.
Adequate profit capacity.
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 |
877.976 |
estimated by our analyst |
MARKET / TERRITORY DATA
|
Population living in the province |
: |
3.839.216 |
|
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 1.938 significant companies.
The companies cash their credits on an average of 126 dd.
The average duration of suppliers debts is about 140 dd.
The sector's profitability is on an average of 1,94%.
The labour cost affects the turnover in the measure of 7,84%.
Goods are held in stock in a range of 56 dd.
The difference between the sales volume and the resources used to
realize it is about 1,41.
The employees costs represent the 7,97% of the production costs.
STATISTICAL DETRIMENTAL DATA
Risk level relating to the concern's activity field: average.
Low risk rate in the territory where the concern operates.
In the region 50.886 protested subjects are found; in the province they
count to 24.765.
The insolvency index for the region is 0,55, while for the province it
is 0,66.
Total Bankrupt companies in the province : 22.523.
Total Bankrupt companies in the region : 39.612.
FOREIGN EXCHANGE
RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.46.96 |
|
UK Pound |
1 |
Rs.83.91 |
|
Euro |
1 |
Rs.66.36 |
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%)