MIRA INFORM REPORT

 

 

 

Report Date :

30.06.2012

 

IDENTIFICATION DETAILS

 

Name :

BEDETTI CONVERTER SRL

 

 

Registered Office :

Via Biagio Di Santolino, 85  - Acquaviva

 

 

Country :

San Marino

 

 

Date of Incorporation :

03.09.2003

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

Production of flexible paper packages.

 

 

No. of Employees :

From 16 to 25

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Max. Credit Limit:

30.000/40.000 - Eur

Status :

Satisfactory

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)

San Marino

A2

A2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

REGISTERED NAME & COMPANY SUMMARY

 

BEDETTI CONVERTER SRL

 

 

Via Biagio Di Santolino,

85

 

 

- Acquaviva

-SM-

 

Summary

Legal Form

:

Limited liability company

Start of Activities

:

03/09/2003

Number of Employees

:

from 16 to 25

 

LEGAL DATA

Legal Form : Limited liability company

Registration No. : 3203

 

 

Registration No. : SM19145

 

Foundation Date

: 03/09/2003

 

Establishment Date

: 03/09/2003

 

Start of Activities

: 03/09/2003

 

Nominal Capital

: 50.000

Eur

Subscribed Capital

: 50.000

Eur

Paid up Capital

: 50.000

Eur

 

CREDIT RECOMENDATION

 

Current Credit Limit: 30.000/40.000 - Eur

 

DIRECTORS/MANAGEMENT

 

Bedetti

Pier Marino

 

Date of birth: 26/06/1966

 

Residence :

Via La Vanguardia

, 8

Faetano

- SM -

 

Position

Since

Shares Amount

% Ownership

Sole Director

 

 

 

 

NEGATIVE INFORMATION

 

No negative information found.

 

SHARE & SHARE CAPITAL INFORMATION

 

Nominal Capital

: 50.000

Eur

Subscribed Capital

: 50.000

Eur

Paid up Capital

: 50.000

Eur

 

PAYMENT INFORMATION

 

Sales are on an international scale.

The firm operates abroad as exporter. .

Export is mainly towards:

- Italia

 

FINANCIAL AND ECONOMICAL SITUATION

The subject has been working for many years. Its trend can be

considered sufficient. Good its introduction on local market.

Liquid means are adequate to meet company requirements.

Its trend has always been characterized by balance and steadiness.

The concern has never met problems for honouring its obligations

to suppliers and banks: references are all favourable.

Indebtedness rate is not high and so limits burden of financial

charges.

Profitability is regarded as appropriate.

Good trade reputation. Correct relations with common suppliers.

 

GROUP STRUCTURE & AFFILIATED COMPANIES

 

COMPANIES CONNECTED TO MEMBERS

The Members of the subject firm are not reported to be Members in other companies.

 

DIRECT PARTICIPATIONS

The Company under review has no participations in other Companies.

 

FINANCIAL INFORMATION

 

FINANCIAL AND ECONOMICAL SITUATION

The subject has been working for many years. Its trend can be

considered sufficient. Good its introduction on local market.

Liquid means are adequate to meet company requirements.

Its trend has always been characterized by balance and steadiness.

The concern has never met problems for honouring its obligations

to suppliers and banks: references are all favourable.

Indebtedness rate is not high and so limits burden of financial

charges.

Profitability is regarded as appropriate.

Good trade reputation. Correct relations with common suppliers.

 

FOREIGN EXCHANGE RATES

 

N/a

ADDITIONAL INFORMATION

 

Number of Employees

:

from 16 to 25

 

ACTIVITY

Production of flexible paper packages.

 

STRUCTURE AND COMPANY ACTIVITY

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

 

-

Legal and operative seat

 

in :

 

Via Biagio Di Santolino

, 85

Acquaviva

- SM -

 

PHONE

: 0549/911118

 

PHONE

: 0549/957341

 

FAX

: 0549/999554

 

 

 

 

Employees

: 18

 

BANKERS

Bank Name

Agency Name

Address

City

Banca di San Marino

 

 

 

 

 

HISTORICAL INFORMATION AND/OR FIRM'S STATUS

Company Style modifications

 

Former Style

New Style

Changement Date

Plast Service San Marino

Bedetti Converter Srl

27/01/2011

 

NOTES & COMMENTS

 

Subject company is not obliged to file its accounts and locally we do not

 

obtain any financial information.

 

No detrimental information come out during our investigations.

 

Business transactions on credit basis for moderate accounts are suggested.


 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.56.31

UK Pound

1

Rs.88.06

Euro

1

Rs.70.91

 

 

INFORMATION DETAILS

 

Report Prepared by :

PRL

 

 

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.