MIRA INFORM REPORT
|
Report Date : |
31.03.2011 |
IDENTIFICATION DETAILS
|
Name : |
ROTONDI GROUP SRL |
|
|
|
|
Registered Office : |
Via Fratelli Rosselli, 14/16, Settimo Milanese Postal code 20019 |
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Country : |
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|
|
|
Financials (as on) : |
31.12.2009 |
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Date of Incorporation : |
16.02.1990 |
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|
Legal Form : |
Limited Liability Company |
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|
Line of Business : |
Manufacture of textile machinery and equipment
for the treatment of textile auxiliary to knitting and sewing machines |
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 : |
83.600 (Euro) |
|
Status : |
Good |
|
Payment
Behaviour : |
Usually Correct |
|
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 – December 31, 2010
|
Country Name |
Previous Rating (30.09.2010) |
Current Rating (31.12.2010) |
|
|
a2 |
a2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
|
Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
Company Summary
|
Company Name |
ROTONDI GROUP SRL |
|
Company Type |
LIMITED LIABILITY COMPANY |
|
Address |
VIA FRATELLI ROSSELLI , 14/16 |
|
Town |
SETTIMO MILANESE |
|
Post Code |
20019 |
|
Telephone Number |
0233501224 |
|
Province |
SETTIMO MILANESE |
|
Fiscal Code |
09975740151 |
|
VAT Number |
09975740151 |
|
Activity Start Date |
16-2-1990 |
|
Incorporation Date |
16-2-1990 |
|
Closure Date |
31-12-2050 |
|
REA Inscription |
1331997 on the date of 22-3-1990 |
|
CCIAA province and number |
MI 1331997 |
|
Company Status |
Active |
|
Currency |
EURO (€) |
Credit Rating Summary
|
Credit Limit |
83.600 (Euro) |
Capital Information
|
Paid up share capital |
750.000 |
|
Authorised share capital |
1.000.000 |
|
Subscribed share capital |
750.000 |
Activity
|
SIC Code |
3552 |
|
Business Activity |
LA SOCIETA' SVOLGE TUTTA L'ATTIVITA' DI CUI ALL'OGGETTO SOCIALE |
Financial Data
|
Date of Latest Accounts |
31-12-2009 |
|
Turnover |
11.567.420 |
|
Profit & Loss |
29.301 |
|
Number of Employees |
15 |
Subsidaries
|
Address |
Type of Premises |
|
VIA LIBERTA' 35 - SETTIMO MILANESE (MI) |
FILING |
Business Activity and Financial
Ratios
|
SIC Code |
3552 |
|
Business Activity |
LA SOCIETA' SVOLGE TUTTA L'ATTIVITA' DI CUI ALL'OGGETTO SOCIALE (THE COMPANY 'IN ALL ACTIVITIES' IN SOCIAL OBJECT) |
|
Company Purpose |
LA PROGETTAZIONE, LA PRODUZIONE,
L'INSTALLAZIONE, LA REVISIONE, L'ACQUISTO E LA VENDITA, DI MACCHINARI PER
L'INDUSTRIA DELL'ABBIGLIAMENTO, TINTORIE, LAVANDERIE A SECCO E AD ACQUA,
STIRERIE, INDUSTRIE TESSILI PER COMUNITA', ALBERGHI, OSPEDALI, RISTORANTI,
CON RELATIVE PARTI DI RICAMBIO ED ACCESSORI. PER IL CONSEGUIMENTO
DELL'OGGETTO SOCIALE LA SOCIETA' POTRA' COMPIERE, IN ITALIA O ALL'ESTERO,
TUTTE LE OPERAZIONI COMMERCIALI, INDUSTRIALI E IMMOBILIARI NECESSARIE O
UTILI, NONCHE', NON NEI CONFRONTI DEL PUBBLICO, COMPIERE OPERAZIONI
FINANZIARIE E MOBILIARI E ASSUMERE E DARE INTERESSENZE O PARTECIPAZIONI IN
ALTRE SOCIETA' E IMPRESE AVENTI OGGETTO ANALOGO O AFFINE O CONNESSO AL
PROPRIO, SIA DIRETTAMENTE CHE INDIRETTAMENTE (The design, production, installation,
overhaul, PURCHASE AND SALE OF MACHINERY
INDUSTRY, DYEING, LAUNDRY AND DRY WATER,
Ironing, TEXTILE INDUSTRY FOR THE COMMUNITY ',
HOTELS, HOSPITALS , RESTAURANTS, WITH ON
SPARE PARTS AND ACCESSORIES. For the achievement of SOCIAL SOCIETY 'WILL' MAKE,
OR ABROAD IN
ITALY, all commercial, industrial and real estate necessary or
helpful AND 'NOT AGAINST THE PUBLIC,
AND TO PERFORM FINANCIAL
TRANSACTIONS AND SECURITIES
AND TAKE DARE
interests or participations in other
companies' and businesses which
have similar, related or connected
to your EITHER DIRECTLY OR INDIRECTLY) |
|
Ateco Code |
28.94.1 |
|
Ateco Description |
FABBRICAZIONE DI MACCHINE TESSILI, DI MACCHINE E DI IMPIANTI PER IL
TRATTAMENTO AUSILIARIO DEI TESSILI, DI MACCHINE PER CUCIRE E PER MAGLIERIA
(INCLUSE PARTI E ACCESSORI) (MANUFACTURE OF TEXTILE MACHINERY AND EQUIPMENT
FOR THE TREATMENT OF TEXTILE AUXILIARY TO KNITTING AND SEWING MACHINES
(INCLUDING PARTS AND ACCESSORIES)) |
|
SAE Code |
430 |
|
RAE Code |
323 |
|
Number of Employees |
15 |
|
Paid up share capital |
750.000 (EURO) |
|
Date of Latest Accounts |
31-12-2009 |
|
|
|
|
Key Financial Items |
|
|
Turnover |
11.567.420 |
|
Profit & Loss |
29.301 |
|
Shareholders Equity |
785.232 |
|
Fixed Assets |
164.317 |
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 |
164.317 |
72.257 |
68.941 |
|
- Intangible assets |
75.557 |
36.088 |
41.537 |
|
- Tangible assets |
78.161 |
25.570 |
24.305 |
|
- - Land and Buildings |
0 |
|
|
|
- Financial assets |
10.599 |
10.599 |
3.099 |
|
- - Amounts owed by assoc./affiliated co.s |
0 |
|
|
|
- - Holdings |
0 |
|
|
|
- - Treasury stocks |
0 |
|
|
|
|
|
|
|
|
Total Current
Assets |
6.376.084 |
8.300.221 |
5.830.214 |
|
- Stocks |
700.000 |
1.208.300 |
305.000 |
|
- - Semi-finished products & Raw
materials |
700.000 |
|
|
|
- - Work-in-progress |
|
|
|
|
- Credits |
3.529.146 |
6.029.609 |
4.709.334 |
|
- - Short-term debtors |
3.529.146 |
6.029.609 |
4.709.334 |
|
- - Trade debtors |
3.510.748 |
5.715.533 |
4.689.659 |
|
- - Short-term trade debtors |
3.510.748 |
5.715.533 |
4.689.659 |
|
- Financial assets |
0 |
0 |
0 |
|
- - Treasury stocks |
0 |
0 |
0 |
|
- Cash and bank |
2.146.938 |
1.062.312 |
815.880 |
|
Prepayments & Accrued Income |
53.437 |
31.205 |
16.963 |
|
Total Assets |
6.593.838 |
8.403.683 |
5.916.118 |
Liabilities
|
SHAREHOLDERS' EQUITY |
785.232 |
432.720 |
390.066 |
|
- Share capital |
750.000 |
360.000 |
10.500 |
|
- Share premium reserve |
0 |
0 |
0 |
|
- Revaluation reserve |
0 |
0 |
0 |
|
PROVISIONS FOR
RISKS & CHARGES |
892.699 |
780.699 |
687.057 |
|
- Provisions for taxation |
0 |
|
|
|
PROVISION FOR
SEVERANCE INDEMNITY |
208.187 |
186.389 |
165.885 |
|
CREDITORS |
4.707.720 |
7.003.875 |
4.669.310 |
|
- Short-term creditors |
3.845.262 |
6.963.519 |
4.478.866 |
|
- Trade creditors |
2.743.940 |
5.089.433 |
3.661.525 |
|
- Amounts due to banks - short term |
582.458 |
40.356 |
190.444 |
|
- Amounts due to banks - medium/long-term |
344.844 |
148.000 |
143.354 |
|
- Accrued expenses and deferred income |
|
|
|
|
PREPAYMENTS
& ACCRUED INCOME |
0 |
0 |
3.800 |
|
TOTAL
LIABILITIES AND SHAREHOLDERS EQUITY |
6.593.838 |
8.403.683 |
5.916.118 |
|
MEMORANDUM
ACCOUNTS |
0 |
78.399 |
33.740 |
|
ACCUMULATED
DEPRECIATION OF TANGIBLE ASSETS |
318.408 |
308.194 |
|
Profit & Loss
|
PRODUCTION VALUE |
11.205.137 |
14.280.856 |
11.516.278 |
|
- Revenues |
11.567.420 |
13.524.497 |
11.508.051 |
|
- TOTAL CHANGES |
-507.000 |
712.000 |
-37.000 |
|
- Change in stocks of finished goods &
work in progress |
|
|
|
|
- Change in stocks of finished goods &
work in progress |
-507.000 |
712.000 |
-37.000 |
|
- Other revenues |
144.717 |
44.359 |
45.227 |
|
PRODUCTION COSTS
|
11.049.118 |
14.099.820 |
11.279.302 |
|
- Purchase of raw materials & goods |
6.407.095 |
9.163.037 |
6.918.490 |
|
- Change in materials |
1.300 |
-191.300 |
32.000 |
|
CONSUMPTION OF
MATERIALS |
6.408.395 |
8.971.737 |
6.950.490 |
|
OVERHEADS |
3.833.362 |
4.122.719 |
3.567.528 |
|
- Provisions for risks & other |
- |
- |
- |
|
VALUE ADDED |
963.380 |
1.186.400 |
998.260 |
|
STAFF COST |
698.373 |
712.574 |
648.722 |
|
- Provision for severance indemnity |
34.406 |
35.552 |
34.976 |
|
G.O.M. |
120.290 |
429.467 |
304.311 |
|
AMORT./DEPREC/WRITED.
OF FIXED ASSETS |
54.415 |
58.344 |
57.504 |
|
- Amortisation / depreciation / writedowns
|
36.773 |
29.623 |
33.923 |
|
- Amortisation of intangible assets |
22.287 |
19.702 |
23.844 |
|
- Depreciation of tangible assets |
14.486 |
9.921 |
10.079 |
|
PROFIT / (LOSS)
FROM ORDINARY OPERATING ACTIVITIES |
65.875 |
371.123 |
246.807 |
|
OTHER INCOME /
CHARGES |
92.845 |
-183.763 |
-1.724 |
|
- Interest receivable & similar income
|
1.001 |
6.724 |
9.770 |
|
OPERATING PROFIT
/ (LOSS) |
158.720 |
187.360 |
245.083 |
|
FINANCIAL
CHARGES |
19.240 |
29.872 |
24.901 |
|
PROFIT / (LOSS)
BEFORE EXTRAORDINARY OP.S |
139.480 |
157.488 |
220.182 |
|
ADJUSTMENTS TO
VALUE OF FINANCIAL ASSETS (+-) |
- |
- |
- |
|
EXTRAORDINARY
INCOME/CHARGES (+-) |
- |
- |
- |
|
PROFIT / (LOSS)
BEFORE TAXATION |
139.480 |
157.488 |
220.182 |
|
TAXATION |
110.179 |
114.834 |
165.152 |
|
PROFIT (LOSS)
FOR THE PERIOD |
29.301 |
42.654 |
55.030 |
|
CASH FLOW |
83.716 |
100.998 |
112.534 |
|
EMPLOYEES |
15 |
15 |
15 |
Ratios
|
Date |
2009 |
2008 |
2007 |
|
Returns Ratios |
|||
|
R.O.E. (Return On Equity) |
3.73 |
9.86 |
14.11 |
|
R.O.I. (Return On Investment) |
1 |
4.42 |
4.17 |
|
R.O.S. (Return On Sales) |
1.35 |
1.34 |
2.06 |
|
R.O.A. (Return On Assests) |
2.37 |
2.15 |
4.01 |
|
G.O.M on Returns |
1.04 |
3.18 |
2.64 |
|
Turnover Ratio |
|||
|
Invested Capital Turnover |
175.43 |
160.94 |
194.52 |
|
Current Assets Turnover |
181.42 |
162.94 |
197.39 |
|
Warehouse Turnover |
1652.49 |
1119.3 |
3773.13 |
|
Equity and
Financial Ratios |
|||
|
Fixed Assets Cover |
477.88 |
598.86 |
565.8 |
|
Banks on Current Assets |
14.54 |
2.27 |
5.73 |
|
Short-term Banks on Current Assets |
5.41 |
1.78 |
2.46 |
|
Gearing |
88.09 |
94.85 |
93.41 |
|
Shareholders' Equity / Invested Capital |
11.91 |
5.15 |
6.59 |
|
Financial Charges on Turnover |
0.17 |
0.22 |
0.22 |
|
Financial Charges on G.O.M. |
16 |
6.96 |
8.18 |
|
Productivity
Ratios |
|||
|
Turnover per Employee |
771161.33 |
901633.13 |
767203.4 |
|
Operating Value Added per Employee |
64225.33 |
79093.33 |
66550.67 |
|
Labour Cost per Employee |
46558.2 |
47504.93 |
43248.13 |
|
Labour Cost on Turnover |
6.04 |
5.27 |
5.64 |
|
Value Added on Turnover |
8.33 |
8.77 |
8.67 |
|
Liquidity Ratios
|
|||
|
Current Ratio |
167.21 |
119.64 |
130.44 |
|
Acid-Test Ratio |
149 |
102.29 |
123.64 |
|
Days of Credit to Customers or Duration of Amounts owed by Customers |
109.26 |
152.14 |
146.7 |
|
Days of Credit from Suppliers or Duration of Amounts owed to Suppliers
|
96.46 |
137.91 |
125.7 |
|
Days of Stocks or Duration of Stocks |
21.78 |
32.16 |
9.54 |
|
Rate of intensity of Current Assets |
55.58 |
61.6 |
50.81 |
|
Incidence Ratios
for Cost |
|||
|
Consumption of Materials on Costs |
58 |
63.63 |
61.62 |
|
External Costs on Costs |
92.69 |
92.87 |
93.25 |
|
Labour Costs on Costs |
6.32 |
5.05 |
5.75 |
|
Depreciation and Devaluation on Costs |
0.49 |
0.41 |
0.51 |
Protested Bills
|
Body |
Don't Exist |
Possible Match |
Exact Match |
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ROTONDI GROUP SRL |
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PIERFRANCESCO ROTONDI (executive) |
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EUGENIA POZZI (executive) |
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DAVIDE GIUSEPPE ROTONDI (executive) |
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ANDREA ROTONDI (executive) |
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IVANA BULBARELLI (executive) |
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Directors Information
|
Type |
Executive |
|
Forename |
PIERFRANCESCO |
|
Surname |
ROTONDI |
|
Date of Birth |
29-9-1938 |
|
Gender |
Male |
|
Place of Birth |
MILANO (MI) |
|
Resident Address |
VIA CESARE BATTISTI , 17 20019 - SETTIMO MILANESE
(MI) |
|
Director Fiscal Code |
RTNPFR38P29F205A |
|
COUNCILLOR since |
15-12-2000 |
|
BOARD OF DIRECTORS PRESIDENT since |
15-12-2000 |
|
MANAGING DIRECTOR since |
15-12-2000 |
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|
|
|
Type |
Executive |
|
Forename |
EUGENIA |
|
Surname |
POZZI |
|
Date of Birth |
12-2-1942 |
|
Gender |
Female |
|
Place of Birth |
MILANO (MI) |
|
Resident Address |
VIA CESARE BATTISTI , 17 20019 - SETTIMO MILANESE
(MI) |
|
Director Fiscal Code |
PZZGNE42B52F205V |
|
COUNCILLOR since |
15-12-2000 |
|
MANAGING DIRECTOR since |
15-12-2000 |
|
|
|
|
Type |
Executive |
|
Forename |
DAVIDE GIUSEPPE |
|
Surname |
ROTONDI |
|
Date of Birth |
1-5-1967 |
|
Gender |
Male |
|
Place of Birth |
MILANO (MI) |
|
Resident Address |
VIA CATALANI , 51/53 20019 - SETTIMO MILANESE
(MI) |
|
Director Fiscal Code |
RTNDDG67E01F205N |
|
COUNCILLOR since |
15-12-2000 |
|
MANAGING DIRECTOR since |
15-12-2000 |
|
|
|
|
Type |
Executive |
|
Forename |
ANDREA |
|
Surname |
ROTONDI |
|
Date of Birth |
11-6-1970 |
|
Gender |
Male |
|
Place of Birth |
MILANO (MI) |
|
Resident Address |
VIA CINISELLI , 2/D 20019 - SETTIMO MILANESE
(MI) |
|
Director Fiscal Code |
RTNNDR70H11F205M |
|
COUNCILLOR since |
15-12-2000 |
|
MANAGING DIRECTOR since |
15-12-2000 |
|
SPECIAL SOLICITOR since |
10-1-2011 |
|
|
|
|
Type |
Executive |
|
Forename |
IVANA |
|
Surname |
BULBARELLI |
|
Date of Birth |
28-9-1946 |
|
Gender |
Female |
|
Place of Birth |
MILANO (MI) |
|
Resident Address |
FLAT 207, 1 PEGY'S STREET - LONDRA () |
|
Director Fiscal Code |
BLBVNI46P68F205W |
|
COUNCILLOR since |
30-9-2009 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.44.77 |
|
|
1 |
Rs.71.69 |
|
Euro |
1 |
Rs.63.02 |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.