|
Report Date : |
10.11.2012 |
IDENTIFICATION DETAILS
|
Name : |
DE COSTANZO FRANCESCO |
|
|
|
|
Registered Office : |
Via I Maggio, 3,
61011 - Gabicce Mare (PS) -IT |
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|
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Country : |
|
|
|
|
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Date of Incorporation : |
08.09.1976 |
|
|
|
|
Legal Form : |
Sole proprietorship |
|
|
|
|
Line of Business : |
Retail sale via stalls of textiles,
household linens and clothing |
|
|
|
|
No. of Employees : |
1 to 5 |
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 |
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
No complaints |
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|
|
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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 – June 30th, 2012
|
Country Name |
Previous Rating (31.03.2012) |
Current Rating (30.06.2012) |
|
Italy |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
ITALY - ECONOMIC OVERVIEW
Italy has a diversified industrial economy, which
is divided into a developed industrial north, dominated by private companies,
and a less-developed, welfare-dependent, agricultural south, with high
unemployment. The Italian economy is driven in large part by the manufacture of
high-quality consumer goods produced by small and medium-sized enterprises,
many of them family owned. Italy also has a sizable underground economy, which
by some estimates accounts for as much as 17% of GDP. These activities are most
common within the agriculture, construction, and service sectors. Italy is the
third-largest economy in the euro-zone, but exceptionally high public debt
burdens and structural impediments to growth have rendered it vulnerable to
scrutiny by financial markets. Public debt has increased steadily since 2007,
reaching 120% of GDP in 2011, and borrowing costs on sovereign government debt
have risen to record levels. During the second half of 2011 the government
passed a series of three austerity packages to balance its budget by 2013 and
decrease its public debt burden. These measures included a hike in the
value-added tax, pension reforms, and cuts to public administration. The
government also faces pressure from investors and European partners to address
Italy's long-standing structural impediments to growth, such as an inflexible
labor market and widespread tax evasion. The international financial crisis
worsened conditions in Italy''s labor market, with unemployment rising from 6.2%
in 2007 to 8.4% in 2011, but in the longer-term Italy''s low fertility rate and
quota-driven immigration policies will increasingly strain its economy. The
euro-zone crisis along with Italian austerity measures have reduced exports and
domestic demand, slowing Italy''s recovery. Italy''s GDP is still 5% below its
2007 pre-crisis level
|
Source
: CIA |
De Costanzo
Francesco
Via I Maggio, 3
61011 - Gabicce Mare (PS) -IT-
|
Fiscal Code |
: |
DCSFNC53L17F839E |
|
Legal Form |
: |
Sole proprietorship |
|
start of Activities |
: |
08/09/1976 |
|
Turnover Range |
: |
200.000/250.000 |
|
Number of Employees |
: |
from 1 to 5 |
Retail sale via stalls of textiles,
household linens and clothing
Legal Form : Sole proprietorship
|
Fiscal Code : DCSFNC53L17F839E |
|
Chamber of Commerce no. : 71924 of since
14/09/1976 |
|
V.A.T. Code : 00318250412 |
|
Start of Activities |
: 08/09/1976 |
|
|
De Costanzo |
Francesco |
|
|
|
Born in Napoli |
(NA) |
on 17/07/1953 |
- Fiscal Code : DCSFNC53L17F839E |
|
|
|
Residence: |
|
Primo Maggio |
, 3 |
- 61011 |
Gabicce Mare |
(PS) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Proprietor |
|
|
|
|
|
No
Prejudicial events are reported |
|
|
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.
The Company under review has no participations in other Companies.
In order to carry out its activities the firm uses the following locations:
|
- |
Registered
office |
|
|
|
|
|
|
I Maggio |
, 3 |
- 61011 |
- Gabicce Mare |
(PS) |
- IT - |
|
|
|
|
PHONE |
: 0541950729 |
|
- |
Operative seat |
since 23/04/2005 |
|
|
|
|
|
|
C. Battisti |
, 25/27/29 |
- 61011 |
- Gabicce Mare |
(PS) |
- IT - |
|
|
|
|
Total Surface: 35 Sq.mt. |
|
|
|
|
Employees |
: 1 |
|
|
|
|
Assistants |
: 1 |
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 started many years ago and from
the financial point of
view it shows a regular trend.
Liquid means are adequate to meet company
requirements.
Subject is characterized by a corrected
managment, which allows a
regular fulfiment of its own engagments.
Debt position is quite sure. Regular use of
supplier and bank
credit.
No irregularities are registered.
Correct trade relations. No meaningful
remark is expressed by
usual suppliers.
|
|
|
Complete balance-sheet for the year |
|
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
250.000 |
Our Company collects data from public registers, lists, archives or
contained in Acts and/or documents (held by the National Chamber of Commerce or
Immovables Territorial Agency), users, reporters or however generally
accessible (for example, from categorical lists, statistical institutes, press
reports and from public inspection internet sites).
The present report is supplied for Your exclusive use and is bond to the
general conditions of the contract. Personal Data collection and treatment,
reported, are conform to our company's activities and to Your mandate conferred
to us by Your request, for the purposes in relation to Marketing Management, Sales
and Monetary Administration. It does not contain, nor could contain,
information cancelled by a justified opposition right.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.54.34 |
|
|
1 |
Rs.86.96 |
|
Euro |
1 |
Rs.69.42 |
INFORMATION DETAILS
|
Report Prepared
by : |
PDT |
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.