|
Report Date : |
03.08.2012 |
IDENTIFICATION DETAILS
|
Name : |
ABC ITALIA S.R.L. |
|
|
|
|
Registered Office : |
Castello, 26, 20100 – Milano
(MI) |
|
|
|
|
Country : |
Italy |
|
|
|
|
Financials (as on) : |
31.12.2011 |
|
|
|
|
Date of Incorporation : |
08.01.2007 |
|
|
|
|
Legal Form : |
Sole-Member Limited Liability
Company |
|
|
|
|
Line of Business : |
Wholesale of furniture, rugs
and lighting equipment |
|
|
|
|
No. of Employees : |
11 to 15 employees |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Status : |
Moderate |
|
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, 2012
|
Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
|
Italy |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
Abc Italia S.r.l.
Castello, 26
20100 - Milano (MI) -IT-
|
Fiscal Code |
: |
05559250963 |
|
Legal Form |
: |
Sole-Member Limited Liability Company |
|
Establishment Date |
: |
08/01/2007 |
|
Equity |
: |
750.000 |
|
Turnover Range |
: |
12.750.000/15.500.000 |
|
Number of Employees |
: |
from 11 to 15 |
Wholesale of furniture, rugs and
lighting equipment
Legal Form : Sole-Member Limited
Liability Company
|
Fiscal Code : 05559250963 |
|
Foreign Trade Reg. no. : MI367421 since
30/06/2008 |
|
Chamber of Commerce no. : 1461738 of |
|
Chamber of Commerce no. : 1830883 of since
16/01/2007 |
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V.A.T. Code : 05559250963 |
|
Establishment date |
: 08/01/2007 |
|
|
Legal duration |
: 31/12/2050 |
|
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Nominal Capital |
: 25.000 |
|
|
Subscribed Capital |
: 25.000 |
|
|
Paid up Capital |
: 25.000 |
|
|
|
Amini |
Basir |
|
|
|
Born in Afghanistan |
( ) |
on 03/09/1965 |
- Fiscal Code : MNABSR65P03Z200T |
|
|
|
Residence: |
|
Beccaria |
, 23 |
- 26900 |
Lodi |
(LO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Sole Director |
28/10/2009 |
|
|
|
|
No
Prejudicial events are reported |
|
|
No Protests
registered |
|
|
Palm Invest Ag |
|
|
|
|
Position |
Since |
Shares Amount |
% Ownership |
|
Sole partner |
|
|
|
|
|
No Protests
registered |
*checkings have been performed
on a national scale.
In this module the companies in
which members hold/held positions are listed.
The Members of the subject firm
are not reported to be Members in other companies.
Shareholders' list as at date of
data collection:
|
Firm's Style / Name |
Seat / Residence |
Fiscal Code |
Owned Shares |
% Ownership |
|
Palm Invest Ag |
|
|
|
100,00 |
The Company under review has no participations
in other Companies.
In order to carry out its
activities the firm uses the following locations:
|
- |
Sede legale e di
attivita' |
|
|
|
|
|
|
Piazza |
Castello |
, 26 |
- 20100 |
- Milano |
(MI) |
- IT - |
|
- |
Unita' locale |
(Ufficio con
deposito o magazzino) |
since 12/09/2007 |
|
|
|
|
|
Strada Provinciale |
234 Ex Mantovana |
, s.n. |
- 20070 |
- Somaglia |
(LO) |
- IT - |
|
|
|
|
TELEFONO |
: 0377464311 |
|
- |
Unita' locale |
(Magazzino) |
since 01/01/2010 |
|
|
|
|
|
Via |
Labriola |
, 46 |
- 20071 |
- Casalpusterlengo |
(LO) |
- IT - |
|
- |
Unita' locale |
(Magazzino) |
since 01/02/2010 |
|
|
|
|
|
Via |
Labriola |
, 54/56 |
- 20071 |
- Casalpusterlengo |
(LO) |
- IT - |
|
|
|
|
Employees |
: 11 |
|
Fittings and Equipment for a value of
35.000 |
Eur |
|
Stocks for a value of 6.540.000 |
Eur |
|
|
Protests checking on the subject
firm has given a negative result.
Search performed on a National
Scale
|
|
|
Prejudicial
Events Search Result: NEGATIVE |
Search performed on a
specialized data base.
None reported, standing to the
latest received edition of the Official Publications.
The subject has been acting for
many years on local market.
Financial means are adequate and
allow a normal fulfilment of
bonds towards third parties.
Subject is characterized by a
corrected managment, which allows a
regular fulfiment of its own
engagments.
No notable criticism is
expressed by common suppliers at to the
firm's business conduct which is
said to be honest enough.
The economic data at our
disposal point out a profit for the year.
Business volume is falling in
the last financial year.
|
|
|
Complete balance-sheet for the year |
31/12/2011 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
14.503.249 |
|
Profit (Loss) for the period |
7.418 |
|
|
|
Complete balance-sheet for the year |
31/12/2010 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
16.777.929 |
|
Profit (Loss) for the period |
34.758 |
|
|
|
Complete balance-sheet for the year |
31/12/2009 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
15.810.394 |
|
Profit (Loss) for the period |
80.967 |
|
|
|
Complete balance-sheet for the year |
31/12/2008 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
17.301.037 |
|
Profit (Loss) for the period |
84.358 |
|
|
|
Complete balance-sheet for the year |
31/12/2007 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
4.496.459 |
|
Profit (Loss) for the period |
90.218 |
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 31/12/2011 - 12 Mesi - Currency: - Amounts x 1 |
|
- Balance Sheet
as at 31/12/2010 - 12 Mesi - Currency: - Amounts x 1 |
|
- Balance Sheet
as at 31/12/2009 - 12 Mesi - Currency: - Amounts x 1 |
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|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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|
RATIOS |
Value
Type |
as at 31/12/2011 |
as at 31/12/2010 |
as at 31/12/2009 |
Sector Average |
|
COMPOSITION ON
INVESTMENT |
|
|
|
|
|
|
Rigidity Ratio |
Units |
0,01 |
0,01 |
0,02 |
0,09 |
|
Elasticity Ratio |
Units |
0,98 |
0,98 |
0,97 |
0,89 |
|
Availability of stock |
Units |
0,34 |
0,29 |
0,11 |
0,26 |
|
Total Liquidity Ratio |
Units |
0,64 |
0,69 |
0,87 |
0,54 |
|
Quick Ratio |
Units |
0,00 |
0,00 |
0,01 |
0,03 |
|
COMPOSITION ON
SOURCE |
|
|
|
|
|
|
Net Short-term indebtedness |
Units |
20,41 |
22,04 |
15,00 |
3,95 |
|
Self Financing Ratio |
Units |
0,04 |
0,04 |
0,05 |
0,17 |
|
Capital protection Ratio |
Units |
0,96 |
0,92 |
0,84 |
0,62 |
|
Liabilities consolidation quotient |
Units |
0,26 |
0,22 |
0,34 |
0,10 |
|
Financing |
Units |
25,80 |
26,96 |
20,23 |
4,85 |
|
Permanent Indebtedness Ratio |
Units |
0,24 |
0,21 |
0,29 |
0,29 |
|
M/L term Debts Ratio |
Units |
0,20 |
0,18 |
0,24 |
0,07 |
|
Net Financial Indebtedness Ratio |
Units |
4,49 |
4,56 |
2,59 |
1,04 |
|
CORRELATION |
|
|
|
|
|
|
Fixed assets ratio |
Units |
17,23 |
15,26 |
16,23 |
2,37 |
|
Current ratio |
Units |
1,29 |
1,25 |
1,37 |
1,18 |
|
Acid Test Ratio-Liquidity Ratio |
Units |
0,85 |
0,88 |
1,22 |
0,80 |
|
Structure's primary quotient |
Units |
2,69 |
2,57 |
2,65 |
1,48 |
|
Treasury's primary quotient |
Units |
0,00 |
0,00 |
0,01 |
0,04 |
|
Rate of indebtedness ( Leverage ) |
% |
2692,89 |
2806,28 |
2131,78 |
602,26 |
|
Current Capital ( net ) |
Value |
4.273.790 |
3.887.922 |
3.828.726 |
191.984 |
|
RETURN |
|
|
|
|
|
|
Return on Sales |
% |
0,63 |
1,03 |
1,46 |
2,03 |
|
Return on Equity - Net- ( R.O.E. ) |
% |
1,03 |
4,86 |
11,90 |
6,31 |
|
Return on Equity - Gross - ( R.O.E. ) |
% |
11,76 |
18,88 |
25,68 |
17,00 |
|
Return on Investment ( R.O.I. ) |
% |
2,32 |
2,40 |
2,33 |
4,18 |
|
Return/ Sales |
% |
3,11 |
2,87 |
2,14 |
3,46 |
|
Extra Management revenues/charges incid. |
% |
1,64 |
7,21 |
23,95 |
27,96 |
|
Cash Flow |
Value |
92.075 |
172.400 |
230.394 |
44.823 |
|
Operating Profit |
Value |
451.511 |
481.917 |
338.028 |
74.603 |
|
Gross Operating Margin |
Value |
545.012 |
630.013 |
487.564 |
111.383 |
|
MANAGEMENT |
|
|
|
|
|
|
Credits to clients average term |
Days |
285,20 |
268,43 |
276,61 |
113,70 |
|
Debts to suppliers average term |
Days |
385,99 |
280,75 |
298,90 |
118,14 |
|
Average stock waiting period |
Days |
162,30 |
125,43 |
35,52 |
72,90 |
|
Rate of capital employed return ( Turnover
) |
Units |
0,75 |
0,84 |
1,09 |
1,25 |
|
Rate of stock return |
Units |
2,22 |
2,87 |
10,13 |
4,88 |
|
Labour cost incidence |
% |
2,87 |
2,28 |
1,91 |
8,14 |
|
Net financial revenues/ charges incidence |
% |
-1,99 |
-1,83 |
-0,84 |
-1,38 |
|
Labour cost on purchasing expenses |
% |
2,94 |
2,34 |
1,95 |
8,25 |
|
Short-term financing charges |
% |
1,66 |
1,63 |
1,19 |
2,76 |
|
Capital on hand |
% |
134,19 |
119,64 |
91,76 |
79,85 |
|
Sales pro employee |
Value |
1.115.634 |
1.118.528 |
1.581.039 |
397.742 |
|
Labour cost pro employee |
Value |
32.046 |
25.518 |
30.242 |
33.267 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.78 |
|
UK Pound |
1 |
Rs.86.75 |
|
Euro |
1 |
Rs.68.32 |
INFORMATION DETAILS
|
Report Prepared
by : |
MNL |
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.