MIRA INFORM REPORT

 

 

Report Date :

07.08.2010

 

IDENTIFICATION DETAILS

 

Name :

mach-trade s.r.l.

 

 

Registered Office :

 

Via Molise,        21

36061- Bassano del Grappa(VI)

 

 

Country :

Italy

 

 

Date of Incorporation :

01.04.2010

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

Wholesale of machine tools (including relative interchangeable parts)

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ca

 

RATING

STATUS

PROPOSED CREDIT LINE

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

 

Status :

New Company

 

 

Payment Behaviour :

Unknown

 

 

Litigation :

Clear

 

NOTES :

Any query related to this report can be made on e-mail: infodept@mirainform.com while quoting report number, name and date.

 

 

ECGC Country Risk Classification List – June 30, 2010

 

Country Name

Previous Rating

(01.04.2010)

Current Rating

(30.06.2010)

Italy

A2

A2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

Company name 

 

Mach-trade S.r.l.

 

Via  Molise, 21

 

36061 - Bassano del Grappa  (VI) -IT-

 

 

SUMMARY

 

 

Fiscal Code

:

03592760247

Legal Form

:

Limited liability company

Start of Activities

:

01/04/2010

Number of Employees

:

from 1 to 5

 

N.B.: Additional information are present in the "FURTHER INFORMATION" module.

 

 

ACTIVITY

 

Wholesale of machine tools (including relative interchangeable parts)

 

 

LEGAL DATA

 

Legal Form : Limited liability company

Fiscal Code : 03592760247

 

Chamber of Commerce no. : 337586 of Vicenza since 29/01/2010

 

V.A.T. Code : 03592760247

 

Establishment Date

: 15/01/2010

Start of Activities

: 01/04/2010

Legal Duration Date

: 31/12/2050

Nominal Capital

: 10.000

Eur

Subscribed Capital

: 10.000

Eur

Paid up Capital

: 2.500

Eur

 

 

MEMBERS

 

Bragagnolo

Mirko

 

Born in Padova

(PD)

on 21/05/1973

- Fiscal Code : BRGMRK73E21G224L

 

Residence :

Via

Molise

, 21

- 36061

Bassano del Grappa

(VI)

- IT -

 

 

 

Position

Since

Shares Amount

% Ownership

Sole Director

15/01/2010

 

 

 

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.

 

BRAGAGNOLO

MIRKO

 

Company Style

Legal Seat

Fiscal Code

Position

Position Status

Firm Status

ASAF S.A.S. DI BRAGAGNOLO FRANCO E C.

Fontaniva (PD) - IT -

01915720286

Limited Partner

Dismiss

Registered

TEOREMA SAS DI ANTONELLO ZEDA FULVIA E C.

Fontaniva (PD) - IT -

00422680280

Limited Partner

Dismiss

Registered

 

 

CAPITAL SHAREHOLDERS

 

Style / Name

Seat / Address

Fiscal Code

Owned Shares

% of Ownership

Bragagnolo Mirko

Bassano del Grappa - IT -

BRGMRK73E21G224L

9.500 .Eur

95,00

Stella Francesca

 

STLFNC75L48L157O

500 .Eur

5,00

 

 

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:

 

-

Legal and commercial seat

 

in :

 

 

 

 

 

Via

Molise

, 21

- 36061 -

Bassano del Grappa

(VI)

- IT -

 

 

 

 

FAX

: 0424/500714

 

 

 

 

Mob. Ph.

: 3356906283

 

 

 

 

Website

: www.mach-trade.it

 

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.

 

FURTHER INFORMATION

 

The company under review has been recently established and is engaged in the

wholesale of New and Used Machine Tools.

Even though Mr. Bragagnolo has previous management experiences, we suggest to wait

for further developments before starting business transactions on credit basis.

 

 

MARKET / TERRITORY DATA

 

Population living in the province

:

831.356

Population living in the region

:

4.699.950

Number of families in the region

:

1.813.210

 

Monthly family expences average in the region (in Eur.) :

 

- per food products

:

456

- per non food products

:

2.052

- per energy consume

:

127

 

SECTOR DATA

 

The values are calculated on a base of 2.551 significant companies.

 

The companies cash their credits on an average of 126 dd.

The average duration of suppliers debts is about 150 dd.

The sector's profitability is on an average of 2,50%.

The labour cost affects the turnover in the measure of 8,41%.

Goods are held in stock in a range of 54 dd.

The difference between the sales volume and the resources used to realize it is about 1,43.

The employees costs represent the 8,72% of the production costs.

 

STATISTICAL DETRIMENTAL DATA

 

The area is statistically considered lowly risky.

In the region 13.782 protested subjects are found; in the province they count to 2.234.

The insolvency index for the region is 0,30, while for the province it is 0,27.

Total Bankrupt companies in the province : 2.546.

Total Bankrupt companies in the region : 16.714.

 

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.46.02

UK Pound

1

Rs.73.21

Euro

1

Rs.60.70

 

 

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

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

 

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%)

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.