MIRA INFORM REPORT
|
Report Date : |
21.06.2011 |
IDENTIFICATION DETAILS
|
Name : |
SEMERARO CASA & FAMIGLIA S.P.A. |
|
|
|
|
Registered Office : |
Via Rovato , 21, Erbusco 25030 |
|
|
|
|
Country : |
Italy |
|
|
|
|
Financials (as on) : |
31.12.2009 |
|
|
|
|
Date of Incorporation : |
20.07.1996 |
|
|
|
|
Legal Form : |
Joint-Stock/Public Company |
|
|
|
|
Line of Business : |
Retail Trade except of Motor Vehicles and Motorcycles |
RATING & COMMENTS
|
MIRA’s Rating : |
A |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 |
|
Maximum Credit Limit : |
1.210.700 (Euro) |
|
Status : |
Good |
|
Payment
Behaviour : |
No Complaints |
|
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 |
Company Summary
|
Company Name |
|
|
Company Type |
JOINT-STOCK/PUBLIC COMPANY |
|
Address |
VIA ROVATO , 21 |
|
Town |
ERBUSCO |
|
Post Code |
25030 |
|
Telephone Number |
|
|
Province |
ERBUSCO |
|
Fiscal Code |
03158530265 |
|
VAT Number |
01950510980 |
|
Activity Start Date |
20-7-1996 |
|
Incorporation Date |
7-11-1995 |
|
Closure Date |
31-12-2030 |
|
REA Inscription |
393919 on the date of 8-8-1997 |
|
CCIAA province and number |
BS 393919 |
|
Company Status |
Active |
|
Currency |
EURO (€) |
Credit Rating Summary
|
Credit Limit |
1.210.700 (Euro) |
Capital Information
|
Paid up share capital |
5.200.000 |
|
Authorised share capital |
5.200.000 |
|
Subscribed share capital |
5.200.000 |
Activity
|
SIC Code |
5200 |
|
Business Activity |
|
Financial Data
|
Date of Latest Accounts |
31-12-2009 |
|
Turnover |
72.367.994 |
|
Profit & Loss |
5.691.536 |
|
Number of Employees |
286 |
Subsidaries
|
Address |
Type of Premises |
|
VIA ARRIGO BOITO 4 - STEZZANO (BG) |
SHOP |
|
VIA CANTARANE 4 - ERBUSCO (BS) |
SHOP |
|
VIA ROVATO 21 - ERBUSCO (BS) |
|
|
VIA ROVATO 21 - ERBUSCO (BS) |
WAREHOUSE |
|
LOCALITA' MORE CORRAXE EX S.S. 131 - SESTU (CA) |
WAREHOUSE |
|
LOCALITA' MORE CORRAXE EX S.S. 131 - SESTU (CA) |
SHOP |
|
LOCALITA' MORE CORRAXE EX S.S. 131 - SESTU (CA) |
SHOP |
|
VIA DEI TAROCCHI 1 - FERRARA (FE) |
SHOP |
|
VIA DEI TAROCCHI 6 - FERRARA (FE) |
WAREHOUSE |
|
VIA PIONIERI DELL'ARIA 86/B - ROVEREDO IN PIANO
(PN) |
SHOP |
|
VIA I MAGGIO 24 - BORGARO TORINESE (TO) |
WAREHOUSE |
|
STRADA LANZO 181/BIS - BORGARO TORINESE (TO) |
SHOP |
|
STRADA SETTIMO 380 - TORINO (TO) |
SHOP |
|
STRADA SETTIMO 388/4 - TORINO (TO) |
SHOP |
|
VIA FRIULI 5 - SONA (VR) |
SHOP |
|
VIA NAZARETH 3 - SONA (VR) |
WAREHOUSE |
Business Activity and Financial
Ratios
|
SIC Code |
5200 |
|
Business Activity |
|
|
Company Purpose |
LA SOCIETA' HA PER OGGETTO LE SEGUENTI ATTIVITA': - LA PROMOZIONE, LA
REALIZZAZIONE E/O COSTRUZIONE, L'ORGANIZZAZIONE E LA GESTIONE ANCHE TRAMITE
L'OTTENIMENTO O L'ACQUISIZIONE DELLE SPECIFICHE AUTORIZZAZIONI AMMINISTRATIVE
E DELLE LICENZE DI SOMMINISTRAZIONE DI: A. INSEDIAMENTI E DI EDIFICI COMMERCIALI,
B. CENTRI POLIVALENTI, DIREZIONALI, COMMERCIALI, UTILIZZABILI PER L'ESERCIZIO
DELLA MODERNA DISTRIBUZIONE SIA DI GENERI ALIMENTARI CHE DI PRODOTTI NON
ALIMENTARI, DELLA RISTORAZIONE, DELLA SOMMINISTRAZIONE DI CIBI E BEVANDE,
DELLA PROIEZIONE CINEMATOGRAFICA E DELLE ATTIVITA' DEL TERZIARIO E DELLE
ATTIVITA' CONNESSE AL TEMPO LIBERO IN GENERE, C. INSEDIAMENTI RESIDENZIALI,
D. INSEDIAMENTI TURISTICO-ALBERGHIERI E DEL TERZIARIO IN GENERE, E LA
GESTIONE ED IL COORDINAMENTO DEI RELATIVI PROGETTI CON ESCLUSIONE DI
QUALSIASI ATTIVITA' DI CUI ALLA LEGGE 23 NOVEMBRE 1939 N. 1815 (THE COMPANY 'DEALS WITH THE FOLLOWING ACTIVITIES': - PROMOTING
THE PRODUCTION AND
/ OR CONSTRUCTION, ORGANIZATION AND MANAGEMENT EVEN THROUGH THE
ACQUISITION OF OBTAINING
OR SPECIAL ADMINISTRATIVE
PERMITS AND CERTIFICATES
OF ADMINISTRATION OF A. SETTLEMENTS
OF BUILDINGS AND COMMERCIAL B. MULTI-PURPOSE
CENTRES, EXECUTIVE, BUSINESS, USE FOR
THE PURSUIT OF MODERN DISTRIBUTION OF FOOD
IS THAT OF
NON-FOOD, THE FOOD,
THE ADMINISTRATION OF FOOD OR BEVERAGES,
THE FILM SCREENING
AND ACTIVITIES 'OF
COMMERCIAL ACTIVITIES AND' RELATED TO
LEISURE IN GENERAL, C. RESIDENTIAL FACILITIES,
D. SETTLEMENT OF
COMMERCIAL AND TOURIST
HOTEL IN-KIND,
AND THE MANAGEMENT
AND COORDINATION OF PROJECTS RELATED
WITH EXCLUSION OF
ANY ACTIVITY 'IN-LAW No. 23 November 1939 1815) |
|
Ateco Code |
47 |
|
Ateco Description |
COMMERCIO AL DETTAGLIO (ESCLUSO QUELLO DI AUTOVEICOLI E DI MOTOCICLI) (Retail Trade (Except Of Motor Vehicles And Motorcycles)) |
|
SAE Code |
430 |
|
RAE Code |
640 |
|
Number of Employees |
286 |
|
Paid up share capital |
5.200.000 (EURO) |
|
Date of Latest Accounts |
31-12-2009 |
|
|
|
|
Key Financial Items |
|
|
Turnover |
72.367.994 |
|
Profit & Loss |
5.691.536 |
|
Shareholders Equity |
13.895.341 |
|
Fixed Assets |
10.941.989 |
Balance Sheet
(Assets)
|
Date |
31-12-2009 |
31-12-2008 |
31-12-2007 |
|
DUE FROM
SHAREHOLDERS FOR SUBSCRIBED SHARE CAPITAL UNPAID |
0 |
0 |
0 |
|
Total Fixed
Assets |
10.941.989 |
7.601.302 |
9.431.301 |
|
- Intangible assets |
7.003.089 |
7.375.489 |
9.085.409 |
|
- Tangible assets |
147.893 |
87.603 |
183.430 |
|
- - Land and Buildings |
0 |
0 |
0 |
|
- Financial assets |
3.791.007 |
138.210 |
162.462 |
|
- - Amounts owed by assoc./affiliated co.s |
0 |
0 |
0 |
|
- - Holdings |
3.775.525 |
118.977 |
118.977 |
|
- - Treasury stocks |
0 |
0 |
0 |
|
|
|
|
|
|
Total Current
Assets |
44.858.821 |
37.810.415 |
30.256.250 |
|
- Stocks |
11.807.255 |
9.325.103 |
9.280.258 |
|
- - Semi-finished products & Raw
materials |
11.807.255 |
9.325.103 |
9.280.258 |
|
- - Work-in-progress |
|
|
|
|
- Credits |
32.904.168 |
28.353.366 |
20.364.989 |
|
- - Short-term debtors |
32.073.705 |
27.673.730 |
19.980.793 |
|
- - Trade debtors |
1.790.471 |
1.672.820 |
3.606.561 |
|
- - Short-term trade debtors |
1.746.471 |
1.538.282 |
3.222.365 |
|
- Financial assets |
0 |
0 |
0 |
|
- - Treasury stocks |
0 |
0 |
0 |
|
- Cash and bank |
147.398 |
131.946 |
611.003 |
|
Prepayments
& Accrued Income |
1.613.873 |
249.238 |
1.093.165 |
|
Total Assets |
57.414.683 |
45.660.955 |
40.780.716 |
Liabilities
|
SHAREHOLDERS' EQUITY |
13.895.341 |
8.203.805 |
7.402.781 |
|
- Share capital |
5.200.000 |
5.200.000 |
5.200.000 |
|
- Share premium reserve |
0 |
0 |
0 |
|
- Revaluation reserve |
0 |
0 |
0 |
|
PROVISIONS FOR RISKS & CHARGES |
0 |
30.250 |
60.500 |
|
- Provisions for taxation |
0 |
30.250 |
60.500 |
|
PROVISION FOR
SEVERANCE INDEMNITY |
2.106.961 |
2.010.754 |
2.196.189 |
|
CREDITORS |
40.811.436 |
34.822.505 |
30.546.173 |
|
- Short-term creditors |
40.023.424 |
34.275.858 |
30.544.624 |
|
- Trade creditors |
22.735.013 |
18.872.416 |
17.002.114 |
|
- Amounts due to banks - short term |
0 |
0 |
0 |
|
- Amounts due to banks - medium/long-term |
10.753.074 |
10.356.598 |
8.755.437 |
|
- Accrued expenses and deferred income |
|
|
|
|
PREPAYMENTS
& ACCRUED INCOME |
600.945 |
593.641 |
575.073 |
|
TOTAL
LIABILITIES AND SHAREHOLDERS EQUITY |
57.414.683 |
45.660.955 |
40.780.716 |
|
MEMORANDUM
ACCOUNTS |
14.845.481 |
13.544.119 |
11.777.676 |
|
ACCUMULATED
DEPRECIATION OF TANGIBLE ASSETS |
|
|
|
Profit & Loss
|
PRODUCTION VALUE |
74.538.618 |
62.043.812 |
59.006.097 |
|
- Revenues |
72.367.994 |
60.044.103 |
54.688.635 |
|
- TOTAL CHANGES |
- |
- |
- |
|
- Change in stocks of finished goods & work in progress |
|
|
|
|
- Change in stocks of finished goods & work in progress |
- |
- |
- |
|
- Other revenues |
2.170.624 |
1.999.709 |
4.317.462 |
|
PRODUCTION COSTS |
70.768.312 |
60.522.319 |
56.811.716 |
|
- Purchase of raw materials & goods |
39.420.515 |
32.133.429 |
29.937.005 |
|
- Change in materials |
-974.967 |
-44.845 |
-325.857 |
|
CONSUMPTION OF MATERIALS |
38.445.548 |
32.088.584 |
29.611.148 |
|
OVERHEADS |
21.219.898 |
19.073.948 |
17.010.535 |
|
- Provisions for risks & other |
- |
- |
- |
|
VALUE ADDED |
14.873.172 |
10.881.280 |
12.384.414 |
|
STAFF COST |
7.737.259 |
6.687.925 |
7.276.135 |
|
- Provision for severance indemnity |
426.238 |
386.446 |
447.069 |
|
G.O.M. |
4.965.289 |
2.193.646 |
790.817 |
|
AMORT./DEPREC/WRITED.
OF FIXED ASSETS |
2.546.683 |
1.854.923 |
2.123.249 |
|
- Amortisation / depreciation / writedowns |
2.113.171 |
1.832.844 |
2.098.194 |
|
- Amortisation of intangible assets |
2.070.694 |
1.797.143 |
2.024.611 |
|
- Depreciation of tangible assets |
42.477 |
35.701 |
73.583 |
|
PROFIT / (LOSS)
FROM ORDINARY OPERATING ACTIVITIES |
2.418.606 |
338.723 |
-1.332.432 |
|
OTHER INCOME /
CHARGES |
1.867.184 |
2.079.862 |
3.987.546 |
|
- Interest receivable & similar income
|
485.647 |
893.686 |
458.431 |
|
OPERATING PROFIT
/ (LOSS) |
4.285.790 |
2.418.585 |
2.655.114 |
|
FINANCIAL
CHARGES |
667.842 |
915.111 |
572.774 |
|
PROFIT / (LOSS)
BEFORE EXTRAORDINARY OP.S |
3.617.948 |
1.503.474 |
2.082.340 |
|
ADJUSTMENTS TO
VALUE OF FINANCIAL ASSETS (+-) |
- |
- |
- |
|
EXTRAORDINARY
INCOME/CHARGES (+-) |
3.617.390 |
- |
- |
|
PROFIT / (LOSS)
BEFORE TAXATION |
7.235.338 |
1.503.474 |
2.082.340 |
|
TAXATION |
1.543.802 |
702.450 |
1.114.518 |
|
PROFIT (LOSS)
FOR THE PERIOD |
5.691.536 |
801.024 |
967.822 |
|
CASH FLOW |
8.238.219 |
2.655.947 |
3.091.071 |
|
EMPLOYEES |
286 |
240 |
282 |
Ratios
|
Date |
2009 |
2008 |
2007 |
|
Returns Ratios |
|||
|
R.O.E. (Return On Equity) |
40.96 |
9.76 |
13.07 |
|
R.O.I. (Return On Investment) |
4.21 |
0.74 |
-3.27 |
|
R.O.S. (Return On Sales) |
5.21 |
2.53 |
4.01 |
|
R.O.A. (Return On Assests) |
6.57 |
3.33 |
5.38 |
|
G.O.M on Returns |
6.86 |
3.65 |
1.45 |
|
Turnover Ratio |
|||
|
Invested Capital Turnover |
126.04 |
131.5 |
134.1 |
|
Current Assets Turnover |
161.32 |
158.8 |
180.75 |
|
Warehouse Turnover |
612.91 |
643.9 |
589.3 |
|
Equity and
Financial Ratios |
|||
|
Fixed Assets Cover |
126.99 |
107.93 |
78.49 |
|
Banks on Current Assets |
23.97 |
27.39 |
28.94 |
|
Short-term Banks on Current Assets |
23.97 |
27.39 |
28.94 |
|
Gearing |
75.8 |
82.03 |
81.85 |
|
Shareholders' Equity / Invested Capital |
24.2 |
17.97 |
18.15 |
|
Financial Charges on Turnover |
0.92 |
1.52 |
1.05 |
|
Financial Charges on G.O.M. |
13.45 |
41.72 |
72.43 |
|
Productivity
Ratios |
|||
|
Turnover per Employee |
253034.94 |
250183.76 |
193931.33 |
|
Operating Value Added per Employee |
52004.1 |
45338.67 |
43916.36 |
|
Labour Cost per Employee |
27053.35 |
27866.35 |
25801.9 |
|
Labour Cost on Turnover |
10.69 |
11.14 |
13.31 |
|
Value Added on Turnover |
20.55 |
18.12 |
22.65 |
|
Liquidity Ratios
|
|||
|
Current Ratio |
112.35 |
107.2 |
99.5 |
|
Acid-Test Ratio |
83.29 |
80.46 |
69.68 |
|
Days of Credit to Customers or Duration of Amounts owed by Customers |
8.91 |
10.03 |
23.74 |
|
Days of Credit from Suppliers or Duration of Amounts owed to Suppliers
|
134.97 |
132.68 |
130.37 |
|
Days of Stocks or Duration of Stocks |
58.74 |
55.91 |
61.09 |
|
Rate of intensity of Current Assets |
63.07 |
62.25 |
56.62 |
|
Incidence Ratios
for Cost |
|||
|
Consumption of Materials on Costs |
54.33 |
53.02 |
52.12 |
|
External Costs on Costs |
84.31 |
84.54 |
82.06 |
|
Labour Costs on Costs |
10.93 |
11.05 |
12.81 |
|
Depreciation and Devaluation on Costs |
3.6 |
3.07 |
3.74 |
Protested Bills
|
Body |
Don't Exist |
Possible Match |
Exact Match |
|
SEMERARO CASA & FAMIGLIA S.P.A. |
|
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|||
|
LUIGI ANGELO ZAVAGLIO (executive) |
|
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|
|||
|
VIVIANA PICCINELLI (executive) |
|
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|||
|
EMILIA ADELE AMBIVERI (executive) |
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Directors Information
|
Power of Statute (board) |
LA GESTIONE DELL'IMPRESA SPETTA SIA IN VIA ORDINARIA CHE STRAORDINARIA
ESCLUSIVAMENTE AGLI AMMINISTRATORI, I QUALI COMPIONO LE OPERAZIONI NECESSARIE
PER L'ATTUAZIONE DELL'OGGETTO SOCIALE, FERMA RESTA... |
|
Type |
Executive |
|
Forename |
LUIGI ANGELO |
|
Surname |
ZAVAGLIO |
|
Date of Birth |
10-3-1966 |
|
Gender |
Male |
|
Place of Birth |
BRESCIA (BS) |
|
Resident Address |
VIA ROVATO , 21 25030 - ERBUSCO (BS) |
|
Director Fiscal Code |
ZVGLNG66C10B157R |
|
BOARD OF DIRECTORS PRESIDENT since |
4-6-2009 |
|
MANAGING DIRECTOR since |
4-6-2009 |
|
COUNCILLOR since |
4-6-2009 |
|
|
|
|
Type |
Executive |
|
Forename |
VIVIANA |
|
Surname |
PICCINELLI |
|
Date of Birth |
24-11-1964 |
|
Gender |
Female |
|
Place of Birth |
DARFO BOARIO TERME (BS) |
|
Resident Address |
VIA ROVATO , 21 25030 - ERBUSCO (BS) |
|
Director Fiscal Code |
PCCVVN64S64D251J |
|
COUNCILLOR since |
4-6-2009 |
|
|
|
|
Type |
Executive |
|
Forename |
EMILIA ADELE |
|
Surname |
AMBIVERI |
|
Date of Birth |
4-3-1958 |
|
Gender |
Female |
|
Place of Birth |
CAPRIATE SAN GERVASIO (BG) |
|
Resident Address |
VIA ROVATO , 21 25030 - ERBUSCO (BS) |
|
Director Fiscal Code |
MBVMDL58C44B703T |
|
COUNCILLOR since |
4-6-2009 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.44.99 |
|
UK Pound |
1 |
Rs.72.60 |
|
Euro |
1 |
Rs.64.01 |
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.