MIRA INFORM REPORT

 

 

Report Date :           

09.02.2012

 

IDENTIFICATION DETAILS

 

Correct Name :

MAGA S PLAST S.A.S. DI ALESSANDRO MEZZARI E C.

 

 

Registered Office :

Via Luigi Scotti, s.n.,

29100 – Piacenza (PC)  

 

 

Country :

Italy

 

 

Date of Incorporation :

25.03.1985

 

 

Com. Reg. No.:

MI146-244819 since 19/02/1996

 

 

Legal Form :

Limited Partnership

 

 

Line of Business :

Wholesale of chemical products

 

 

No. of Employees :

01 to 5

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Maximum Credit Limit :

8.000 Eur

Status :

Small Concern

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 – September 30th, 2011

 

Country Name

Previous Rating

                   (30.06.2011)                  

Current Rating

(30.09.2011)

Italy

a2

a2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

Company name & address 

 

Maga S Plast s.a.s. di Alessandro Mezzari e C.

 

Via Luigi Scotti, s.n.

 

29100 - Piacenza (PC) -IT-

 

 

Summary

 

Fiscal Code

:

07816070150

Legal Form

:

Limited partnership

start of Activities

:

04/12/1997

Turnover Range

:

375.000/500.000 Eur

Number of Employees

:

from 1 to 5

 

 

Credit Analysis

 

Credit Opinion

:

8.000 - Eur

 

 

Activity

 

Wholesale of chemical products

Wholesale of rude rubber, plastics in primary forms and semi-finished

Wholesale of packaging

 

Legal Data

 

Legal Form : Limited partnership

Fiscal Code : 07816070150

 

Foreign Trade Reg. no. : 132775 of Milano since 20/02/1992

 

Chamber of Commerce no. : 1181926 of Milano since 22/04/1985

 

Chamber of Commerce no. : 168059 of Piacenza since 22/10/2007

 

Firms' Register : MI146-244819 since 19/02/1996

 

V.A.T. Code : 07816070150

 

R. E. C. no. : 118196 of Milano since 04/12/1997

 

R. E. C. no. : 289136 of Milano since 04/12/1997

 

Tribunal Co. Register : 244819 of Milano

 

Foundation date

: 25/03/1985

Establishment date

: 25/03/1985

Start of Activities

: 04/12/1997

Legal duration

: 31/12/2050

Nominal Capital

: 2.582

Eur

Subscribed Capital

: 2.582

Eur

Paid up Capital

: 2.582

Eur

 

Members

 

 

Mezzari

Alessandro

 

 

 

Born in Verona

(VR)

on 16/03/1940

- Fiscal Code : MZZLSN40C16L781M

 

 

 

Residence :

Via

Bologna

, 90

- 29100

Piacenza

(PC)

- IT -

 

Position

Since

Shares Amount

% Ownership

General Partner

17/09/2007

1.342 - Eur

52,00

 

 

No Protests registered

 

 

Mezzari

Gloria Annette

 

 

 

Born in Verona

(VR)

on 15/04/1969

- Fiscal Code : MZZGRN69D55L781W

 

 

 

Residence :

Via

Luigi Scotti

, 24

- 29100

Piacenza

(PC)

- IT -

 

Position

Since

Shares Amount

% Ownership

Limited Partner

17/09/2007

1.239 - Eur

48,01

 

 

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.

 

 

MEZZARI

ALESSANDRO

 

Firm's Style

Seat

Fiscal Code

Position

Position Status

Firm's Status

MAGA S PLAST DI MEZZARI ALESSANDRO

Garbagnate Milanese (MI) - IT -

MZZLSN40C16L781M

Proprietor

Withdrawn

Ceased

 

 

MEZZARI

GLORIA ANNETTE

 

Firm's Style

Seat

Fiscal Code

Position

Position Status

Firm's Status

CLUB HOUSE IL BRIGANTE

Lainate (MI) - IT -

03016870960

Director

Active

Registered

 

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.

 

 

Direct Participations

 

The Company under review has no participations in other Companies.

 

Firm's location and structure

 

In order to carry out its activities the firm uses the following locations:

 

-

Legal and operative seat

 

 

 

 

 

 

Via

Luigi Scotti

- 29100

- Piacenza

(PC)

- IT -

 

 

 

 

Assistants

: 2

 

Fittings and Equipment for a value of 5.000

Eur

 

Stocks for a value of 39.000

Eur

 

 

To purchase foreign products the firm uses the following channels :

- direct orders to foreign companies

Export represents from 20% to 50% of the global turnover.

Products abroad are placed by :

- direct orders from foreign companies

 

 

Historical Information and/or Firm's Status

 

EX-MEMBERS / EX-POSITIONS:

 

 

Mazzo

Giovanna

 

 

 

Born in CAPRINO VERONESE

on 09/10/1943

- Fiscal Code : MZZGNN43R49B709H

 

 

 

Residence :

Via

MARCONI

, 0016

- 20024

Garbagnate Milanese

(MI)

- IT -

 

Ex-Postions

Limited Partner




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.

 

Financial and Economical Analysis

 

The subject has been acting for many years on local market.

Liquid means are adequate to meet company requirements.

Its current financial situation is adequate to real needs so that

payments are settled on agreed terms and means.

Debts stand on normal position. Modest use of supplier and bank

credit.

The business conduct does not lay itself open to usual suppliers'

criticism.



Financial Data

 

 

 

Complete balance-sheet for the year

 

(in Eur

x 1 )

 

Item Type

Value

Sales

500.000

 

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:

 

8.000 Eur.

 

Market / Territory Data

 

Population living in the province

:

273.689

Population living in the region

:

4.151.369

Number of families in the region

:

1.748.359

 

Monthly family expenses 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 6.137 significant companies.

The companies cash their credits on an average of 122 dd.

The average duration of suppliers debts is about 140 dd.

The sector's profitability is on an average of 2,35%.

The labour cost affects the turnover in the measure of 7,00%.

Goods are held in stock in a range of 50 dd.

The difference between the sales volume and the resources used to realize it is about 1,45.

The employees costs represent the 7,12% 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 804.

The insolvency index for the region is 0,46, , while for the province it is 0,30.

Total Bankrupt companies in the province : 915.

Total Bankrupt companies in the region : 14.698.

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.49.07

UK Pound

1

Rs.78.09

Euro

1

Rs.65.15

 

 

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%)

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.