MIRA
INFORM REPORT
|
Report Date : |
15.07.2011 |
IDENTIFICATION DETAILS
|
Name : |
ARGO TRACTORS S.P.A. |
|
|
|
|
Registered Office : |
Via Matteotti,7 42042- Fabbrico(RE) |
|
|
|
|
Country : |
Italy |
|
|
|
|
Financials (as on) : |
31.12.2010 |
|
|
|
|
Date of Incorporation : |
01.10.2007 |
|
|
|
|
Com. Reg. No.: |
RE033-22169 since 19/02/1996 |
|
|
|
|
Legal Form : |
Joint Stock Company |
|
|
|
|
Line of Business : |
Manufacture of agricultural and silviculture machinery |
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 |
|
Maximum Credit Limit : |
190.000 - Eur |
|
|
|
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
No Complaints |
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|
|
|
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 – March 31st, 2011
|
Country Name |
Previous Rating (31.12.2010) |
Current Rating (31.03.2011) |
|
Italy |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
Name and address
Argo Tractors S.p.a.
Via Matteotti,7
42042- Fabbrico(RE)-IT-
Summary
|
Fiscal Code |
: |
03876290374 |
|
Legal Form |
: |
Joint stock company |
|
start of Activities |
: |
01/10/2007 |
|
Equity |
: |
Over 2.582.254 Eur |
|
Turnover Range |
: |
over 129.114.224 Eur |
|
Number of Employees |
: |
from 1000 to 1500 |
|
Group |
: |
ARGO |
Credit Analysis
|
Credit Opinion |
: |
190.000 - Eur |
Highlights
|
Argo Tractors, with its headquarters in Fabbrico (RE), manufactures
tractors |
|
under the Landini, McCormick and Valpadana brands and belongs to the
Argo |
|
Industrial Group. |
|
It employes about 1300 employees, has 3 plants and 8 business branches
|
|
in the world, 130 importers and 2.500 dealers. Statistics that have
allowed |
|
the Landini, McCormick and Valpadana brands to achieve a significant
standing |
|
on the domestic tractor market and to represent one of the most
important |
|
international players, thus confirming the value of a successful group
|
|
strategy. |
|
Unfortunately the general financial crisis has still influenced
subject's |
|
trend also in 2010. The losses were heavy and the turnover decreased. |
|
We suggest a moderate credit line and to follow further developments. |
|
|
Activity
Manufacture of agricultural and silviculture machinery
Manufacture of farm tractors
Retail sale of agricultural machinery, equipment and products; garde
ning machinery and equipment
Legal Data
Legal Form : Joint stock company
|
Fiscal Code : 03876290374 |
|
Foreign Trade Reg. no. : RE015680 since 08/09/1992 |
|
Chamber of Commerce no. : 270361 of Cuneo |
|
Chamber of Commerce no. : 233346 of Mantova |
|
Chamber of Commerce no. : 182128 of Reggio Emilia since 12/10/1989 |
|
Chamber of Commerce no. : 699159 of Roma |
|
Chamber of Commerce no. : 324564 of Vicenza |
|
Firms' Register : RE033-22169 since 19/02/1996 |
|
V.A.T. Code : 02291970354 |
|
Foundation date |
: 17/03/1989 |
|
|
Establishment date |
: 17/03/1989 |
|
|
Start of Activities |
: 01/10/2007 |
|
|
Legal duration |
: 31/12/2040 |
|
|
Nominal Capital |
: 90.000.000 |
Eur |
|
Subscribed Capital |
: 90.000.000 |
Eur |
|
Paid up Capital |
: 90.000.000 |
Eur |
Members
|
|
Morra |
Pierangelo |
|
|
|
Born in Bra |
(CN) |
on 12/08/1947 |
- Fiscal Code : MRRPNG47M12B111W |
|
|
|
Residence : |
Piazza |
Roma |
, 5 |
- 12042 |
Bra |
(CN) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
30/04/2009 |
|
|
|
Assistant board Chairman |
11/05/2009 |
|
|
|
|
No Protests registered |
|
|
Coppa |
Luigi |
|
|
|
Born in Alessandria |
(AL) |
on 13/03/1949 |
- Fiscal Code : CPPLGU49C13A182J |
|
|
|
Residence : |
Via |
Michel |
, 26 |
- 15100 |
Alessandria |
(AL) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
29/11/2007 |
|
|
|
|
No Protests registered |
|
|
Morra |
Valerio |
|
|
|
Born in Bra |
(CN) |
on 22/04/1946 |
- Fiscal Code : MRRVLR46D22B111M |
|
|
|
Residence : |
Via |
Francesco Laverda |
, 15/17 |
- 36042 |
Breganze |
(VI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
30/04/2009 |
|
|
|
Board Chairman |
30/04/2009 |
|
|
|
|
No Protests registered |
|
|
Anceschi |
Giuliano |
|
|
|
Born in Reggio Emilia |
(RE) |
on 29/03/1957 |
- Fiscal Code : NCSGLN57C29H223W |
|
|
|
Residence : |
Via |
Ruggero Da Vezzano 3/7 |
, 3/7 |
- 42100 |
Reggio Emilia |
(RE) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Managing Director |
11/05/2009 |
|
|
|
Director |
30/04/2009 |
|
|
|
Procurator |
29/11/2007 |
|
|
|
|
No Protests registered |
|
|
Giovanardi |
Giovanni |
|
|
|
Born in Reggio Emilia |
(RE) |
on 26/08/1956 |
- Fiscal Code : GVNGNN56M26H223O |
|
|
|
Residence : |
Via |
Sassi |
, 11 |
- 42100 |
Reggio Emilia |
(RE) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
30/04/2009 |
|
|
|
|
No Protests registered |
|
|
Maramotti |
Diego |
|
|
|
Born in Suzzara |
(MN) |
on 07/12/1960 |
- Fiscal Code : MRMDGI60T07L020K |
|
|
|
Residence : |
Via |
Del Pireo |
, 1/8 |
- 41012 |
Carpi |
(MO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
29/11/2007 |
|
|
|
|
No Protests registered |
|
|
Gimona |
Alessandro |
|
|
|
Born in Roma |
(RM) |
on 19/02/1952 |
- Fiscal Code : GMNLSN52B19H501K |
|
|
|
Residence : |
Via |
Montecassino |
, 16 |
- 41012 |
Carpi |
(MO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
29/11/2007 |
|
|
|
|
No Protests registered |
|
|
Ciroldi |
Flaminio |
|
|
|
Born in Fabbrico |
(RE) |
on 25/05/1942 |
- Fiscal Code : CRLFMN42E25D450L |
|
|
|
Residence : |
Via |
Piave |
, 76 |
- 42042 |
Fabbrico |
(RE) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
29/11/2007 |
|
|
|
|
No Protests registered |
|
|
Bandini |
Maurizio |
|
|
|
Born in Rolo |
(RE) |
on 17/10/1954 |
- Fiscal Code : BNDMRZ54R17H500Z |
|
|
|
Residence : |
Via |
Spallanzani |
, 5 |
- 42047 |
Rolo |
(RE) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
29/11/2007 |
|
|
|
|
No Protests registered |
|
|
Ganassi |
Rolando |
|
|
|
Born in Salsomaggiore Terme |
(PR) |
on 03/07/1946 |
- Fiscal Code : GNSRND46L03H720D |
|
|
|
Residence : |
Via |
Praga |
, 15 |
- 42100 |
Reggio Emilia |
(RE) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
29/11/2007 |
|
|
|
|
No Protests registered |
|
|
Martilli |
Manlio |
|
|
|
Born in Reggio Emilia |
(RE) |
on 03/12/1959 |
- Fiscal Code : MRTMNL59T03H223A |
|
|
|
Residence : |
Viale |
Montegrappa |
, 24 |
- 42100 |
Reggio Emilia |
(RE) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
29/11/2007 |
|
|
|
|
No Protests registered |
|
|
Fiaccadori |
Angelo |
|
|
|
Born in Poviglio |
(RE) |
on 23/02/1965 |
- Fiscal Code : FCCNGL65B23G947G |
|
|
|
Residence : |
Via |
Xxvii Febbriaio |
, 28 |
- 42042 |
Fabbrico |
(RE) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
29/11/2007 |
|
|
|
|
No Protests registered |
|
|
Guaitoli |
Giorgio |
|
|
|
Born in Carpi |
(MO) |
on 15/05/1965 |
- Fiscal Code : GTLGRG65E15B819N |
|
|
|
Residence : |
Via |
Iii Febbraio |
, 14 |
- 41012 |
Carpi |
(MO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
04/05/2010 |
|
|
|
|
No Protests registered |
|
|
Soliani |
Ermes |
|
|
|
Born in Como |
(CO) |
on 06/07/1968 |
- Fiscal Code : SLNRMS68L06C933P |
|
|
|
Residence : |
Via |
Scaparra |
, 16 |
- 42020 |
Albinea |
(RE) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
29/11/2007 |
|
|
|
|
No Protests registered |
|
|
Ferrari |
Simona |
|
|
|
Born in Modena |
(MO) |
on 16/02/1974 |
- Fiscal Code : FRRSMN74B56F257E |
|
|
|
Residence : |
Via |
G. Berti |
, 2/3 |
- 41051 |
Castelnuovo Rangone |
(MO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
29/11/2007 |
|
|
|
|
No Protests registered |
|
|
Danieli |
Mario |
|
|
|
Born in Venezia |
(VE) |
on 06/09/1962 |
- Fiscal Code : DNLMRA62P06L736V |
|
|
|
Residence : |
Piazza |
Municipio |
- 38059 |
Strigno |
(TN) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
29/11/2007 |
|
|
|
|
No Protests registered |
|
|
Malverti |
William |
|
|
|
Born in Campogalliano |
(MO) |
on 22/09/1955 |
- Fiscal Code : MLVWLM55P22B539N |
|
|
|
Residence : |
Via |
Adolfo Vezzani |
, 6 |
- 42018 |
San Martino in Rio |
(RE) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
29/11/2007 |
|
|
|
|
No Protests registered |
|
|
Zamboni |
Roberto |
|
|
|
Born in Reggio Emilia |
(RE) |
on 16/11/1973 |
- Fiscal Code : ZMBRRT73S16H223S |
|
|
|
Residence : |
Via |
E. De Pietri |
, 10 |
- 42100 |
Reggio Emilia |
(RE) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
29/11/2007 |
|
|
|
|
No Protests registered |
|
|
Scappi |
Alberto |
|
|
|
Born in Suzzara |
(MN) |
on 07/11/1965 |
- Fiscal Code : SCPLRT65S07L020P |
|
|
|
Residence : |
Via |
Dugoni |
, 67 |
- 46020 |
Motteggiana |
(MN) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
29/11/2007 |
|
|
|
|
No Protests registered |
|
|
Cardinali |
Aldo |
|
|
|
Born in Campagnola Emilia |
(RE) |
on 01/05/1947 |
- Fiscal Code : CRDLDA47E01B499I |
|
|
|
Residence : |
Via |
Della Cooperazione |
, 31 |
- 42011 |
Bagnolo in Piano |
(RE) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
04/05/2010 |
|
|
|
|
No Protests registered |
|
|
Morra |
Alberto |
|
|
|
Born in Torino |
(TO) |
on 01/07/1976 |
- Fiscal Code : MRRLRT76L01L219Q |
|
|
|
Residence : |
Piazza |
Roma 5 |
- 12100 |
Cuneo |
(CN) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
30/04/2009 |
|
|
|
|
No Protests registered |
|
|
Morra |
Simeone |
|
|
|
Born in Torino |
(TO) |
on 30/10/1975 |
- Fiscal Code : MRRSMN75R30L219I |
|
|
|
Residence : |
Lakeside Boulevard 117 |
Londra |
- GB - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
30/04/2009 |
|
|
|
|
No Protests registered |
|
|
Ribolla |
Mario |
|
|
|
Born in Calcio |
(BG) |
on 31/01/1950 |
- Fiscal Code : RBLMRA50A31B395C |
|
|
|
Residence : |
Via |
Avis Aido |
, 5 |
- 24054 |
Calcio |
(BG) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
29/11/2007 |
|
|
|
|
No Protests registered |
|
|
Prandi |
Marco |
|
|
|
Born in Reggio Emilia |
(RE) |
on 11/04/1967 |
- Fiscal Code : PRNMRC67D11H223J |
|
|
|
Residence : |
Via |
Guido Da Castello |
, 6 |
- 42100 |
Reggio Emilia |
(RE) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
29/11/2007 |
|
|
|
|
No Protests registered |
|
|
Guastalli |
Alessandro |
|
|
|
Born in Suzzara |
(MN) |
on 26/01/1979 |
- Fiscal Code : GSTLSN79A26L020M |
|
|
|
Residence : |
Via |
Mantegna |
, 4 |
- 46029 |
Suzzara |
(MN) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
29/11/2007 |
|
|
|
|
No Protests registered |
|
|
Camporesi |
Ercole |
|
|
|
Born in Cesena |
(FO) |
on 10/12/1958 |
- Fiscal Code : CMPRCL58T10C573P |
|
|
|
Residence : |
Via |
Campore Sala |
, 166 |
- 47042 |
Cesenatico |
(FO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
10/03/2009 |
|
|
|
|
No Protests registered |
|
|
Cavatorta |
Ruggero |
|
|
|
Born in Reggio Emilia |
(RE) |
on 27/04/1971 |
- Fiscal Code : CVTRGR71D27H223Y |
|
|
|
Residence : |
Via |
Monti |
, 44 |
- 42100 |
Reggio Emilia |
(RE) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
10/03/2009 |
|
|
|
|
No Protests registered |
|
|
Saliera |
Stefano |
|
|
|
Born in Bologna |
(BO) |
on 23/02/1959 |
- Fiscal Code : SLRSFN59B23A944K |
|
|
|
Residence : |
Via |
Matteotti |
, 11 |
- 40012 |
Calderara di Reno |
(BO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
04/05/2010 |
|
|
|
|
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 have
holded positions.
|
|
MORRA |
PIERANGELO |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
A.R.G.O. - S.P.A. |
San Martino in Rio (RE) - IT - |
01327400352 |
Director |
Active |
Registered |
|
A.R.G.O. - S.P.A. |
San Martino in Rio (RE) - IT - |
01327400352 |
Assistant board
Chairman |
Active |
Registered |
|
A.R.G.O. - S.P.A. |
San Martino in Rio (RE) - IT - |
01327400352 |
Board Chairman |
Withdrawn |
Registered |
|
ARGO TRACTORS S.P.A. |
Fabbrico (RE) - IT - |
01688690351 |
Director |
Withdrawn |
Ceased |
|
ARGO TRACTORS S.P.A. |
Fabbrico (RE) - IT - |
01688690351 |
Assistant board
Chairman |
Withdrawn |
Ceased |
|
CARLO ALBERTO DI MORRA STEFANIA E MORRA
ELENA E C. S.A.S. SIGLABILE CARLO ALBER |
Bra (CN) - IT - |
00630700045 |
Limited Partner |
Active |
Registered |
|
GEOROTOR S.R.L. - IN LIQUIDAZIONE |
Cherasco (CN) - IT - |
00311310049 |
Sole Director |
Withdrawn |
Ceased |
|
GEOROTOR S.R.L. - IN LIQUIDAZIONE |
Cherasco (CN) - IT - |
00311310049 |
Liquidator |
Withdrawn |
Ceased |
|
IMMOBILIARE CARLO ALBERTO DI MORRA
STEFANIA E MORRA ELENA E C. - S.A.S.SIGLABILE |
Bra (CN) - IT - |
02906250044 |
Limited Partner |
Active |
Registered |
|
LANDINI TRATTORI S.P.A. |
Fabbrico (RE) - IT - |
06209910584 |
Liquidator |
Withdrawn |
Ceased |
|
LAVERDA SPA |
Breganze (VI) - IT - |
01892380351 |
Director |
Withdrawn |
Registered |
|
LAVERDA SPA |
Breganze (VI) - IT - |
01892380351 |
Assistant board
Chairman |
Withdrawn |
Registered |
|
M.B.S. S.P.A. |
Reggio Emilia (RE) - IT - |
00599750049 |
Vice-Chairman |
Withdrawn |
Ceased |
|
MORRA MACCHINE AGRICOLE DI MORRA VALERIO E
MORRA PIERANGELO S.N.C. |
Cherasco (CN) - IT - |
00181250044 |
Partner |
Active |
Registered |
|
MORRA MACCHINE AGRICOLE DI MORRA VALERIO E
MORRA PIERANGELO S.N.C. |
Cherasco (CN) - IT - |
00181250044 |
Responsible
technician |
Active |
Registered |
|
PEGORARO MACCHINE AGRICOLE - S.P.A. |
Bra (CN) - IT - |
01981910043 |
Vice-Chairman |
Withdrawn |
Ceased |
|
PEGORARO MACCHINE AGRICOLE - S.P.A. |
Bra (CN) - IT - |
01981910043 |
Director |
Withdrawn |
Ceased |
|
VALPADANA SPA |
San Martino in Rio (RE) - IT - |
00130900350 |
Chairman |
Withdrawn |
Ceased |
|
VALPADANA SPA |
San Martino in Rio (RE) - IT - |
00130900350 |
Managing
Director |
Withdrawn |
Ceased |
|
VALPADANA SPA |
San Martino in Rio (RE) - IT - |
00130900350 |
Director |
Withdrawn |
Ceased |
|
|
COPPA |
LUIGI |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
AGENZIA COPPA DI STELLA NATALINA E C. -
S.D.F. |
Alessandria (AL) - IT - |
00532680063 |
Partner |
Withdrawn |
Ceased |
|
ARGO TRACTORS S.P.A. |
Fabbrico (RE) - IT - |
01688690351 |
Procurator |
Withdrawn |
Ceased |
|
COPPA LUIGI |
Alessandria (AL) - IT - |
CPPLGU49C13A182J |
Proprietor |
Withdrawn |
Ceased |
|
SAME DEUTZ - FAHR ITALIA S.P.A. |
Treviglio (BG) - IT - |
00778780163 |
Procurator |
Withdrawn |
Registered |
|
TRATTORI LAMBORGHINI S.P.A. |
Treviglio (BG) - IT - |
00868770165 |
Procurator |
Withdrawn |
Ceased |
|
|
MORRA |
VALERIO |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
A.R.G.O. - S.P.A. |
San Martino in Rio (RE) - IT - |
01327400352 |
Director |
Active |
Registered |
|
A.R.G.O. - S.P.A. |
San Martino in Rio (RE) - IT - |
01327400352 |
Assistant board
Chairman |
Withdrawn |
Registered |
|
A.R.G.O. - S.P.A. |
San Martino in Rio (RE) - IT - |
01327400352 |
Board Chairman |
Active |
Registered |
|
ARGO TRACTORS S.P.A. |
Fabbrico (RE) - IT - |
01688690351 |
Director |
Withdrawn |
Ceased |
|
ARGO TRACTORS S.P.A. |
Fabbrico (RE) - IT - |
01688690351 |
Board Chairman |
Withdrawn |
Ceased |
|
CARLO ALBERTO DI MORRA STEFANIA E MORRA
ELENA E C. S.A.S. SIGLABILE CARLO ALBER |
Bra (CN) - IT - |
00630700045 |
Partner |
Withdrawn |
Registered |
|
CARLO ALBERTO DI MORRA STEFANIA E MORRA
ELENA E C. S.A.S. SIGLABILE CARLO ALBER |
Bra (CN) - IT - |
00630700045 |
Limited Partner |
Active |
Registered |
|
FORT DI EREDI DI BERNI ALDO - GINO -
S.R.L. |
Luzzara (RE) - IT - |
00140070350 |
Sole Director |
Withdrawn |
Ceased |
|
FORT E PEGORARO - S.P.A. |
Luzzara (RE) - IT - |
01557580345 |
Sole Director |
Withdrawn |
Ceased |
|
GALLIGNANI S.P.A. |
Russi (RA) - IT - |
01055030397 |
Director |
Withdrawn |
Registered |
|
GALLIGNANI S.P.A. |
Russi (RA) - IT - |
01055030397 |
Assistant board
Chairman |
Withdrawn |
Registered |
|
IMMOBILIARE CARLO ALBERTO DI MORRA
STEFANIA E MORRA ELENA E C. - S.A.S.SIGLABILE |
Bra (CN) - IT - |
02906250044 |
Limited Partner |
Active |
Registered |
|
LAVERDA SPA |
Breganze (VI) - IT - |
01892380351 |
Director |
Active |
Registered |
|
LAVERDA SPA |
Breganze (VI) - IT - |
01892380351 |
Board Chairman |
Withdrawn |
Registered |
|
M.B.S. S.P.A. |
Reggio Emilia (RE) - IT - |
00599750049 |
Chairman |
Withdrawn |
Ceased |
|
MORRA MACCHINE AGRICOLE DI MORRA VALERIO E
MORRA PIERANGELO S.N.C. |
Cherasco (CN) - IT - |
00181250044 |
Partner |
Active |
Registered |
|
PEGORARO MACCHINE AGRICOLE - S.P.A. |
Bra (CN) - IT - |
01981910043 |
Chairman |
Withdrawn |
Ceased |
|
PEGORARO MACCHINE AGRICOLE - S.P.A. |
Bra (CN) - IT - |
01981910043 |
Director |
Withdrawn |
Ceased |
|
RETTIFICA FERRARI - S.R.L. |
Reggio Emilia (RE) - IT - |
01252240351 |
Sole Director |
Withdrawn |
Ceased |
|
RETTIFICA FERRARI - S.R.L. |
Reggio Emilia (RE) - IT - |
01252240351 |
Liquidator |
Withdrawn |
Ceased |
|
VALPADANA SPA |
San Martino in Rio (RE) - IT - |
00130900350 |
Director |
Withdrawn |
Ceased |
|
VALPADANA SPA |
San Martino in Rio (RE) - IT - |
00130900350 |
Assistant board
Chairman |
Withdrawn |
Ceased |
|
|
ANCESCHI |
GIULIANO |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
ARGO TRACTORS S.P.A. |
Fabbrico (RE) - IT - |
01688690351 |
Managing
Director |
Withdrawn |
Ceased |
|
ARGO TRACTORS S.P.A. |
Fabbrico (RE) - IT - |
01688690351 |
Director |
Withdrawn |
Ceased |
|
ARGO TRACTORS S.P.A. |
Fabbrico (RE) - IT - |
01688690351 |
Procurator |
Withdrawn |
Ceased |
|
FORT E PEGORARO - S.P.A. |
Luzzara (RE) - IT - |
01557580345 |
Sole Director |
Withdrawn |
Ceased |
|
GALLIGNANI S.P.A. |
Russi (RA) - IT - |
01055030397 |
Director |
Withdrawn |
Registered |
|
LAVERDA MIETITREBBIE - SOCIETA' PER AZIONI
|
Modena (MO) - IT - |
02647680368 |
Sole Director |
Withdrawn |
Ceased |
|
LAVERDA SPA |
Breganze (VI) - IT - |
01892380351 |
Director |
Withdrawn |
Registered |
|
LAVERDA SPA |
Breganze (VI) - IT - |
01892380351 |
Attorney with
special power |
Withdrawn |
Registered |
|
PEGORARO MACCHINE AGRICOLE - S.P.A. |
Bra (CN) - IT - |
01981910043 |
Director |
Withdrawn |
Ceased |
|
|
MARAMOTTI |
DIEGO |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
ARGO TRACTORS S.P.A. |
Fabbrico (RE) - IT - |
01688690351 |
Procurator |
Withdrawn |
Ceased |
|
|
GIMONA |
ALESSANDRO |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
ARGO TRACTORS S.P.A. |
Fabbrico (RE) - IT - |
01688690351 |
Procurator |
Withdrawn |
Ceased |
|
|
CIROLDI |
FLAMINIO |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
ARGO TRACTORS S.P.A. |
Fabbrico (RE) - IT - |
01688690351 |
Procurator |
Withdrawn |
Ceased |
|
|
BANDINI |
MAURIZIO |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
ARGO TRACTORS S.P.A. |
Fabbrico (RE) - IT - |
01688690351 |
Procurator |
Withdrawn |
Ceased |
|
|
GANASSI |
ROLANDO |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
ARGO TRACTORS S.P.A. |
Fabbrico (RE) - IT - |
01688690351 |
Procurator |
Withdrawn |
Ceased |
|
GANASSI ROLANDO - VIGILI FLAMINIA - PELATI MARINO E MALERBA
MARIAGRAZIA |
Albinea (RE) - IT - |
00532220357 |
Partner |
Withdrawn |
Ceased |
|
|
MARTILLI |
MANLIO |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
ARGO TRACTORS S.P.A. |
Fabbrico (RE) - IT - |
01688690351 |
Procurator |
Withdrawn |
Ceased |
|
LAVERDA SPA |
Breganze (VI) - IT - |
01892380351 |
Attorney with
special power |
Withdrawn |
Registered |
|
UNACOMA SERVICE SOCIETA' A RESPONSABILITA'
LIMITATA UNIPERSONALE |
Bologna (BO) - IT - |
04227291004 |
Director |
Active |
Registered |
|
|
FIACCADORI |
ANGELO |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
ARGO TRACTORS S.P.A. |
Fabbrico (RE) - IT - |
01688690351 |
Procurator |
Withdrawn |
Ceased |
|
|
GUAITOLI |
GIORGIO |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
ARGO TRACTORS S.P.A. |
Fabbrico (RE) - IT - |
01688690351 |
Procurator |
Withdrawn |
Ceased |
|
EMAK S.P.A. |
Bagnolo in Piano (RE) - IT - |
00130010358 |
Attorney with
special power |
Withdrawn |
Registered |
|
FINAGO SRL |
Carpi (MO) - IT - |
01579040369 |
Liquidator |
Withdrawn |
Ceased |
|
|
SOLIANI |
ERMES |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
ERP TECHNOLOGY S.R.L. |
San Martino in Rio (RE) - IT - |
01825140351 |
Director |
Withdrawn |
Registered |
|
LAVERDA SPA |
Breganze (VI) - IT - |
01892380351 |
Attorney with
special power |
Withdrawn |
Registered |
|
M.B.S. S.R.L. |
Luzzara (RE) - IT - |
00721740355 |
Sole Director |
Active |
Registered |
|
|
FERRARI |
SIMONA |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
FERRARI SERVICE DI FERRARI GIORGIO E C.
S.A.S. ABBREVIABILE IN FERRARI SERVICE S |
Modena (MO) - IT - |
02704440367 |
Limited Partner |
Withdrawn |
Registered |
|
|
SCAPPI |
ALBERTO |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
FORT E PEGORARO - S.P.A. |
Luzzara (RE) - IT - |
01557580345 |
Procurator |
Withdrawn |
Ceased |
|
M.B.S. S.R.L. |
Luzzara (RE) - IT - |
00721740355 |
Procurator |
Active |
Registered |
|
|
CARDINALI |
ALDO |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
ARGO TRACTORS S.P.A. |
Fabbrico (RE) - IT - |
01688690351 |
Procurator |
Withdrawn |
Ceased |
|
|
RIBOLLA |
MARIO |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
ARGO TRACTORS S.P.A. |
Fabbrico (RE) - IT - |
01688690351 |
Procurator |
Withdrawn |
Ceased |
|
|
PRANDI |
MARCO |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
ARGO TRACTORS S.P.A. |
Fabbrico (RE) - IT - |
01688690351 |
Procurator |
Withdrawn |
Ceased |
|
|
GUASTALLI |
ALESSANDRO |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
ARGO TRACTORS S.P.A. |
Fabbrico (RE) - IT - |
01688690351 |
Procurator |
Withdrawn |
Ceased |
The indication "REGISTERED" as Firm Status could refer to
Firms in Liquidation, Active, Inactive, etc.
For more information, in this case, we advise to request further
investigations.
Capital Shareholders
Shareholders' list as at date of data collection:
|
Firm's Style / Name |
Seat / Residence |
Fiscal Code |
Owned Shares |
% Ownership |
|
A.r.g.o. - S.p.a. |
San Martino in Rio - IT - |
01327400352 |
60.408.500 .Eur |
67,12 |
|
OLGAS SA |
Luxembourg - LU - |
91084420354 |
29.591.500 .Eur |
32,87 |
Direct Participations
The Company under review has participations in the following Companies:
|
Firm's Style |
Seat |
Fiscal Code |
Owned Shares
Amount |
% Ownership |
since |
until |
Share Status |
|
Cermet - Certificazione E Ricerca Per La Qualita' Soc. Cons. A R.l. |
Granarolo dell'Emilia - IT - |
03502820370 |
210 .Eur |
0,04 |
|
|
Active |
|
Aurora S.r.l. |
San Martino in Rio - IT - |
01365440351 |
1.560 .Eur |
0,30 |
|
|
Active |
|
M.b.s. S.r.l. |
Luzzara - IT - |
00721740355 |
98.800 .Eur |
100,00 |
|
|
Active |
|
Renergy |
Reggio Emilia - IT - |
01904240353 |
|
|
|
|
Active |
Firm's location and structure
In order to carry out its activities the firm uses the following
locations:
|
- |
Legal and operative seat |
|
since 20/03/1992 |
|
|
|
|
|
Via |
Matteotti |
, 7 |
- 42042 |
- Fabbrico |
(RE) |
- IT - |
|
|
|
|
PHONE |
: 0522/656569 |
|
- |
Branch |
(Warehouse ) |
since 01/10/2007 |
until 20/03/1992 |
|
|
|
|
|
Via |
F. Laverda |
, 15/17 |
- 36042 |
- Breganze |
(VI) |
- IT - |
|
- |
Branch |
(Factory ) |
since 01/10/2007 |
until 31/12/2005 |
|
|
|
|
|
Via |
Lemizzone |
, 1 |
- 42018 |
- San Martino in Rio |
(RE) |
- IT - |
|
- |
Branch |
(Store ) |
since 01/10/2007 |
until 31/12/2005 |
|
|
|
|
|
Viale |
Della Resistenza |
, 39 |
- 42018 |
- San Martino in Rio |
(RE) |
- IT - |
|
|
|
|
Total Surface: 107 Sq.mt. |
|
- |
Branch |
(Store ) |
since 01/10/2007 |
until 31/12/2005 |
|
|
|
|
|
Via |
Guidotti |
, 85/87 |
- 42042 |
- Fabbrico |
(RE) |
- IT - |
|
- |
Branch |
(Factory ) |
since 01/10/2007 |
|
|
|
|
|
Via |
Rodari |
, 10 |
- 42045 |
- Luzzara |
(RE) |
- IT - |
|
- |
Branch |
(Warehouse ) |
since 01/10/2007 |
|
|
|
|
|
Via |
A. Guerrieri |
, 28 |
- 46023 |
- Gonzaga |
(MN) |
- IT - |
|
- |
Branch |
(Warehouse ) |
since 01/12/2007 |
|
|
|
|
|
Via |
Bra |
, 20 Loc. RORETO |
- 12062 |
- Cherasco |
(CN) |
- IT - |
|
- |
Branch |
(Warehouse ) |
since 31/12/2010 |
|
|
|
|
|
Via |
Don Pasquino Borghi |
, 6 |
- 42018 |
- San Martino in Rio |
(RE) |
- IT - |
|
|
|
|
Employees |
: 1.287 |
|
Fittings and Equipment for a value of 45.800.000 |
Eur |
|
Stocks for a value of 81.250.000 |
Eur |
Trade organization: direct or by agents.
The company sells in Italy and abroad.
The company 's mainly customers are companies.
|
|
The firm operates abroad as importer / exporter. .
Export trade is the 70 % of the global turnover.
Company generally accepts payments with terms of 60/90 days.
Financial means used for sale: bank transfers and bank orders.
Purchases are mainly paid with terms of 30/90 days.
Main used payment modalities are by cash orders and bank transfers.
Import comes generally from the following nations:
|
- Gran Bretagna |
|
- Francia |
|
- Germania |
|
- Spagna |
Export is mainly towards:
|
- TUTTO IL CONTINENTE |
The subject firm uses the following own selling brands:
|
- LANDINI |
|
- McCORMICK |
|
- VALPADANA |
Traded Brands / Suppliers
|
- Pegoraro |
|
- Landini |
|
- McCormick |
|
- S.E.P. |
|
- Valpadana |
|
- Laverda |
|
- Fella |
|
- GARDANET SRL |
Historical Information and/or Firm's Status
CHANGES TO THE LEGAL FORM:
|
Former legal form |
New legal form |
Changement Date |
|
Limited liability company |
Joint stock company |
02/03/1990 |
EX-MEMBERS / EX-POSITIONS:
|
|
Gotti Lega |
Andrea |
|
|
|
Born in Roma |
on 04/02/1944 |
- Fiscal Code : GTTNDR44B04H501X |
|
|
|
Residence : |
Lungotevere |
Aventino |
, 5 |
- 00153 |
Roma |
(RM) |
- IT - |
|
Ex-Postions |
|
Director |
|
|
RECONTA ERNST E YOUNG S.P.A. |
|
|
- Fiscal Code : 00434000584 |
|
Ex-Postions |
|
|
|
|
Atti |
Franco |
|
|
|
Born in Cento |
on 16/12/1956 |
- Fiscal Code : TTAFNC56T16C469S |
|
|
|
Residence : |
Via |
Sarasina |
, 11 |
- 40017 |
San Giovanni in Persiceto |
(BO) |
- IT - |
|
Ex-Postions |
|
Procurator |
|
|
Cassinadri |
Daniele |
|
|
|
Born in Sant'Ilario d'Enza |
on 17/03/1967 |
- Fiscal Code : CSSDNL67C17I342I |
|
|
|
Residence : |
Via |
Samoggia |
, 16 |
- 42100 |
Reggio Emilia |
(RE) |
- IT - |
|
Ex-Postions |
|
Procurator |
CEASINGS/INCORPORATIONS/MERGES:
|
|
The firm absorbed by merging of |
|
|
|
|
|
|
|
Via |
Lemizzone |
, 1 |
, 42018 |
, San Martino in Rio |
(RE) |
- IT - |
|
|
|
Fiscal Code: 00130900350 |
|
|
|
Date |
: |
26/10/1998 |
|
|
Project of merging by taking over of |
|
|
|
|
|
|
|
Via |
Matteotti |
, 7 |
, 42042 |
, Fabbrico |
(RE) |
- IT - |
|
|
|
Fiscal Code: 01688690351 |
|
|
|
Date |
Merging/splitting-up project : |
28/05/2007 |
|
|
The firm absorbed by merging of |
|
|
|
|
|
|
|
Via |
Matteotti |
, 7 |
, 42042 |
, Fabbrico |
(RE) |
- IT - |
|
|
|
Fiscal Code: 01688690351 |
|
|
|
Date |
: |
19/09/2007 |
Protests
Protests checking on the subject firm has given a negative result.
Legal Procedures
None reported, standing to the latest received edition of the Official
Publications.
Bankers
The firm operates with:
|
Bank Name |
Agency Name |
Address |
ZIP Code |
City |
ABI Code |
CAB Code |
|
BANCA POPOLARE DI VERONA E NOVARA |
|
|
|
|
|
|
|
UNICREDIT BANCA SPA |
FABBRICO |
VIA TRIESTE, 28 |
42042 |
Fabbrico (RE) |
2008 |
66330 |
Financial and Economical Analysis
The company has been active for some years.
An eco-fin analysis has been made on the base od the b/s fo the years
2008, 2009 and 2010.
Last two financial years were marked by losses; in 2010 r.o.e. is
-57,86%. Losses are due to turnover decrease registered over the last years.
The operating result was positive in the last financial year (2,87%)
falling within the field's average.
The amount of the operating result for the year 2010 is of Eur.
11.593.840 showing an upward trend more then 100% compared to the previous
financial year.
The G.O.M. amounted to Eur. 24.804.348 with a 51,36% growth.
The financial status of the company is fairly balanced with an
indebtedness level of 3,47 but with an increase as against the previous
accounting period.
The management generated equity capital for an amount of Eur. 71.323.334
with a -36,65% fall.
Total indebtedness was equal to Eur. 307.258.835 (Eur. 59.480.998 was
the value of m/l term debts) with no important change.
Financial debts as well as debts to suppliers are rather high besides
being higher than sector's average.
Liquidity is not excellent.
As far as the collection of credit goes, the average is high (123,13
days). but in line with the sector.
(Eur. -28.096.601) is the negative value of the cash flow.
Subordinate employment cost is of Eur. 49.480.198, i.e. 14,89% on total
production costs. , whereas the incidence on sales revenues is of 14,52%.
High incidence of financial charges on turnover.
Financial Data
|
|
|
Complete balance-sheet for the year |
31/12/2010 |
(in Eur |
x 1 ) |
|
Item Type |
Value |
|
Sales |
340.770.722 |
|
Profit (Loss) for the period |
-41.264.870 |
|
|
|
Complete balance-sheet for the year |
31/12/2009 |
(in Eur |
x 1 ) |
|
Item Type |
Value |
|
Sales |
388.791.194 |
|
Profit (Loss) for the period |
-10.573.536 |
|
|
|
Complete balance-sheet for the year |
31/12/2008 |
(in Eur |
x 1 ) |
|
Item Type |
Value |
|
Sales |
593.473.672 |
|
Profit (Loss) for the period |
-3.504.844 |
|
|
|
Complete balance-sheet for the year |
31/12/2007 |
(in Eur |
x 1 ) |
|
Item Type |
Value |
|
Sales |
411.369.166 |
|
Profit (Loss) for the period |
-3.963.551 |
|
|
|
Complete balance-sheet for the year |
31/12/2006 |
(in Eur |
x 1 ) |
|
Item Type |
Value |
|
Sales |
1 |
|
Profit (Loss) for the period |
-59.325.221 |
Balance Sheets
From our constant monitoring of the relevant Public Administration
offices, no more recent balance sheets result to have been filed.
|
- Balance Sheet as at 31/12/2010 - 12 Mesi - Currency: Eur - Amounts x
1 |
|
- Balance Sheet as at 31/12/2009 - 12 Mesi - Currency: Eur - Amounts x
1 |
|
- Balance Sheet as at 31/12/2008 - 12 Mesi - Currency: Eur - Amounts x
1 |
|
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|
RATIOS |
Value Type |
as at 31/12/2010 |
as at 31/12/2009 |
as at 31/12/2008 |
Sector Average |
|
COMPOSITION ON
INVESTMENT |
|
|
|
|
|
|
Rigidity Ratio |
Units |
0,45 |
0,48 |
0,39 |
0,24 |
|
Elasticity Ratio |
Units |
0,55 |
0,52 |
0,61 |
0,75 |
|
Availability of stock |
Units |
0,20 |
0,16 |
0,21 |
0,26 |
|
Total Liquidity Ratio |
Units |
0,34 |
0,36 |
0,39 |
0,44 |
|
Quick Ratio |
Units |
0,00 |
0,02 |
0,02 |
0,01 |
|
COMPOSITION ON
SOURCE |
|
|
|
|
|
|
Net Short-term indebtedness |
Units |
3,47 |
1,95 |
2,20 |
2,16 |
|
Self Financing Ratio |
Units |
0,18 |
0,25 |
0,23 |
0,24 |
|
Capital protection Ratio |
Units |
0,32 |
0,29 |
0,30 |
0,73 |
|
Liabilities consolidation quotient |
Units |
0,29 |
0,43 |
0,40 |
0,24 |
|
Financing |
Units |
4,31 |
2,76 |
3,10 |
2,80 |
|
Permanent Indebtedness Ratio |
Units |
0,36 |
0,47 |
0,45 |
0,41 |
|
M/L term Debts Ratio |
Units |
0,18 |
0,22 |
0,21 |
0,11 |
|
Net Financial Indebtedness Ratio |
Units |
2,52 |
1,64 |
1,50 |
1,27 |
|
CORRELATION |
|
|
|
|
|
|
Fixed assets ratio |
Units |
0,78 |
0,98 |
1,14 |
1,70 |
|
Current ratio |
Units |
0,89 |
1,03 |
1,14 |
1,26 |
|
Acid Test Ratio-Liquidity Ratio |
Units |
0,56 |
0,72 |
0,74 |
0,83 |
|
Structure's primary quotient |
Units |
0,39 |
0,52 |
0,59 |
1,05 |
|
Treasury's primary quotient |
Units |
0,00 |
0,03 |
0,04 |
0,02 |
|
Rate of indebtedness ( Leverage ) |
% |
565,73 |
398,93 |
430,08 |
409,15 |
|
Current Capital ( net ) |
Value |
-27.792.048 |
7.675.528 |
39.673.454 |
585.650 |
|
RETURN |
|
|
|
|
|
|
Return on Sales |
% |
- 8,25 |
0,64 |
2,03 |
3,38 |
|
Return on Equity - Net- ( R.O.E. ) |
% |
- 57,86 |
- 9,39 |
- 2,85 |
4,44 |
|
Return on Equity - Gross - ( R.O.E. ) |
% |
- 59,82 |
- 9,73 |
2,30 |
13,50 |
|
Return on Investment ( R.O.I. ) |
% |
2,87 |
0,72 |
4,87 |
4,84 |
|
Return/ Sales |
% |
3,40 |
0,83 |
4,35 |
4,43 |
|
Extra Management revenues/charges incid. |
% |
- 355,92 |
- 325,73 |
- 13,59 |
34,26 |
|
Cash Flow |
Value |
-28.096.601 |
2.500.645 |
12.062.413 |
187.403 |
|
Operating Profit |
Value |
11.593.840 |
3.246.122 |
25.787.068 |
213.008 |
|
Gross Operating Margin |
Value |
24.804.348 |
16.386.619 |
41.407.635 |
336.914 |
|
MANAGEMENT |
|
|
|
|
|
|
Credits to clients average term |
Days |
123,13 |
134,33 |
103,46 |
104,44 |
|
Debts to suppliers average term |
Days |
149,69 |
139,92 |
121,42 |
122,62 |
|
Average stock waiting period |
Days |
85,84 |
65,59 |
68,75 |
90,71 |
|
Rate of capital employed return ( Turnover ) |
Units |
0,84 |
0,87 |
1,12 |
1,05 |
|
Rate of stock return |
Units |
4,19 |
5,49 |
5,24 |
3,92 |
|
Labour cost incidence |
% |
14,52 |
13,22 |
10,84 |
17,51 |
|
Net financial revenues/ charges incidence |
% |
- 2,67 |
- 2,51 |
- 2,62 |
- 1,60 |
|
Labour cost on purchasing expenses |
% |
14,89 |
14,27 |
10,94 |
17,77 |
|
Short-term financing charges |
% |
9,54 |
3,14 |
11,09 |
2,97 |
|
Capital on hand |
% |
118,41 |
115,52 |
89,25 |
94,78 |
|
Sales pro employee |
Value |
262.535 |
242.086 |
441.901 |
202.614 |
|
Labour cost pro employee |
Value |
38.120 |
32.013 |
47.886 |
33.583 |
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:
190.000 Eur.
Market / Territory Data
|
Population living in the province |
: |
487.003 |
|
Population living in the region |
: |
4.151.369 |
|
Number of families in the region |
: |
1.748.359 |
Monthly family expences average in the region (in Eur.) :
|
- per food products |
: |
425 |
|
- per non food products |
: |
2.063 |
|
- per energy consume |
: |
143 |
Sector Data
The values are calculated on a base of 448 significant companies.
The companies cash their credits on an average of 104 dd.
The average duration of suppliers debts is about 122 dd.
The sector's profitability is on an average of 3,38%.
The labour cost affects the turnover in the measure of 17,51%.
Goods are held in stock in a range of 90 dd.
The difference between the sales volume and the resources used to
realize it is about 1,05.
The employees costs represent the 17,77% of the production costs.
Statistical Detrimental Data
The area is statistically considered lowly risky.
In the region 18.860 protested subjects are found; in the province they
count to 1.775.
The insolvency index for the region is 0,46, , while for the province it
is 0,38.
Total Bankrupt companies in the province : 1.365.
Total Bankrupt companies in the region : 14.698.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.44.53 |
|
|
1 |
Rs.71.80 |
|
Euro |
1 |
Rs.63.15 |
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 |
|
-- |
NB |
New Business |
-- |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.