MIRA
INFORM REPORT
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Report Date : |
03.02.2012 |
IDENTIFICATION DETAILS
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Name : |
Giamundo Srl |
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Registered Office : |
Giamundo SRL, Via Armando Diaz Snc, San Giuseppe Vesuviano, 80047 |
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Country : |
Italy |
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Financials (as on) : |
31.12.2009 |
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Date of Incorporation : |
07.01.1994 |
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Com. Reg. No.: |
02796961213 |
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Legal Form : |
Private Independent |
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Line of Business : |
Engaged in Preserving of Fruit, Nuts, or Vegetables: Freezing, Drying, |
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No. of Employees : |
5 |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Small company |
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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 – September 30, 2011
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Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
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Italy |
A2 |
A2 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
Company name and address
Giamundo SRL
Via Armando Diaz Snc
San Giuseppe Vesuviano, 80047
Italy
Tel: +39 0818 271066
Fax: +39 0815 297575
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Employees: |
5 |
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Company Type: |
Private Independent |
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Incorporation
Date: |
07-Jan-1994 |
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Fiscal Year End: |
31-Dec-2009 |
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Reporting
Currency: |
Euro |
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Annual Sales: |
1.4 |
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Total Assets: |
1.4 |
Business Description
Giamundo SRL is primarily engaged in preserving of fruit, nuts, or
vegetables: freezing, drying, immersing in oil or in vinegar, canning, etc;
manufacture of fruit or vegetable food products; manufacture of jams,
marmalades, and table jellies.
Industry
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Industry |
Food Processing |
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ANZSIC 2006: |
1140 - Fruit and Vegetable Processing |
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NACE 2002: |
1533 - Processing and preserving of fruit
and vegetables not elsewhere classified |
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NAICS 2002: |
3114 - Fruit and Vegetable Preserving and
Specialty Food Manufacturing |
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UK SIC 2003: |
1533 - Processing and preserving of fruit
and vegetables not elsewhere classified |
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US SIC 1987: |
2034 - Dried and Dehydrated Fruits,
Vegetables, and Soup Mixes |
Key Executives
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Sales EUR(mil): |
1.4 |
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Assets EUR(mil): |
1.4 |
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Employees: |
5 |
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Fiscal Year End: |
31-Dec-2009 |
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KeyIDSM: |
102613953 |
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Industry: |
Food Processing |
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Incorporation Date: |
07-Jan-1994 |
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Company Type: |
Private Independent |
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Quoted Status: |
Not Quoted |
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Registered No.(ITA): |
02796961213 |
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Sole administrator: |
Umberto Giamundo |
Industry
Codes
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Business
Description
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Financial
Data
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31-Dec-2009 |
31-Dec-2008 |
31-Dec-2007 |
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Period Length |
12 Months |
12 Months |
12 Months |
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Filed Currency |
EUR |
EUR |
EUR |
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Exchange Rate
(Period Average) |
1 |
1 |
1 |
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Consolidated |
No |
No |
No |
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Total income |
1.5 |
1.5 |
1.3 |
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Net sales |
1.4 |
1.5 |
1.2 |
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Raw materials and consumables employed |
1.2 |
1.2 |
1.1 |
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Other expenses |
0.1 |
0.1 |
0.1 |
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Total payroll costs |
0.1 |
0.1 |
0.1 |
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Fixed asset depreciation and amortisation |
0.0 |
0.0 |
0.0 |
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Other operating costs |
0.0 |
0.0 |
0.0 |
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Net operating
income |
0.0 |
0.0 |
0.1 |
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Total financial
income |
0.0 |
0.0 |
0.0 |
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Total expenses |
0.0 |
0.0 |
0.0 |
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Profit before tax |
0.0 |
0.0 |
0.0 |
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Extraordinary result |
0.0 |
- |
0.0 |
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Profit after extraordinary items and
before tax |
0.0 |
0.0 |
0.0 |
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Total taxation |
0.0 |
0.0 |
0.0 |
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Net profit |
0.0 |
0.0 |
0.0 |
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31-Dec-2009 |
31-Dec-2008 |
31-Dec-2007 |
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Filed Currency |
EUR |
EUR |
EUR |
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Exchange Rate |
1 |
1 |
1 |
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Consolidated |
No |
No |
No |
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Total
stockholders equity |
0.2 |
0.2 |
0.2 |
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Provision for risks |
0.0 |
0.0 |
0.0 |
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Provision for pensions |
0.0 |
0.0 |
0.0 |
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Other long-term liabilities |
- |
0.0 |
0.0 |
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Trade creditors |
0.5 |
- |
0.5 |
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Bank loans and overdrafts |
0.6 |
- |
0.3 |
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Other current liabilities |
0.0 |
1.0 |
0.1 |
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Total current
liabilities |
1.1 |
1.0 |
0.9 |
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Total
liabilities (including net worth) |
1.4 |
1.2 |
1.1 |
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Intangibles |
0.0 |
0.0 |
0.0 |
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Total tangible
fixed assets |
0.1 |
0.1 |
0.1 |
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Receivables due after 1 year |
0.0 |
0.0 |
- |
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Total
non-current assets |
0.2 |
0.1 |
0.1 |
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Net stocks and work in progress |
0.2 |
0.1 |
0.2 |
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Trade debtors |
1.0 |
- |
0.8 |
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Other receivables |
- |
0.9 |
0.0 |
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Cash and liquid assets |
0.0 |
0.0 |
0.0 |
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Total current
assets |
1.2 |
1.1 |
1.0 |
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Total assets |
1.4 |
1.2 |
1.1 |
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Annual Ratios |
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Financials in: EUR (mil) |
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31-Dec-2009 |
31-Dec-2008 |
31-Dec-2007 |
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Period Length |
12 Months |
12 Months |
12 Months |
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Filed Currency |
EUR |
EUR |
EUR |
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Exchange Rate |
1 |
1 |
1 |
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Consolidated |
No |
No |
No |
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Current ratio |
1.10 |
1.10 |
1.10 |
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Quick ratio |
0.90 |
1.00 |
1.00 |
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Current liabilities to net worth |
0.05% |
0.05% |
0.04% |
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Sales per employee |
0.46 |
0.37 |
- |
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Average wage per employee |
0.03 |
0.02 |
- |
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Net worth |
0.2 |
0.2 |
0.2 |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.49.12 |
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1 |
Rs.77.84 |
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Euro |
1 |
Rs.64.54 |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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-- |
NB |
New Business |
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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.