MIRA
INFORM REPORT
|
Report Date : |
20.12.2013 |
IDENTIFICATION DETAILS
|
Name : |
RACCORDERIE METALLICHE - S.P.A. |
|
|
|
|
Registered Office : |
Strada Sabbionetana, 59 Campitello, 46010 – Marcaria (MN) |
|
|
|
|
Country : |
Italy |
|
|
|
|
Financials (as on) : |
31.12.2012 |
|
|
|
|
Date of Incorporation : |
30.09.1985 |
|
|
|
|
Legal Form : |
Joint stock company |
|
|
|
|
Line of Business : |
Manufacture of other taps and valves |
|
|
|
|
No. of Employees : |
from 201 to 250 |
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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|
|
|
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, 2013
|
Country Name |
Previous Rating (31.12.2012) |
Current Rating (31.03.2013) |
|
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, highly subsidized, agricultural south, where unemployment is high. 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 its exceptionally high public debt and structural impediments to growth have rendered it vulnerable to scrutiny by financial markets. Public debt has increased steadily since 2007, topping 126% of GDP in 2012, and investor concerns about the broader euro-zone crisis at times have caused borrowing costs on sovereign government debt to rise to euro-era. During the second half of 2011 the government passed three austerity packages to reduce its budget deficit and help bring down borrowing costs. 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 sustain its recent efforts to address Italy's long-standing structural impediments to growth, such as labor market inefficiencies and widespread tax evasion. In 2012 economic growth and labor market conditions deteriorated, with growth at -2.3% and unemployment rising to nearly 11%, with youth unemployment around 35%. The government has undertaken several reform initiatives designed to increase long-term economic growth. Italy's GDP is now 7% below its 2007 pre-crisis level.
|
Source
: CIA |
Company name & address
|
RACCORDERIE
METALLICHE - S.P.A. |
|
Strada |
Sabbionetana, |
59 Campitello |
|
46010 |
- Marcaria |
(MN) |
-IT- |
Summary
|
Fiscal Code |
: |
01591820202 |
|
Legal Form |
: |
Joint stock company |
|
start of Activities |
: |
07/01/1986 |
|
Equity |
: |
Over 2.582.254 |
|
Turnover Range |
: |
50.000.000/75.000.000 |
|
Number of Employees |
: |
from 201 to 250 |
Activity
Manufacture of other taps and valves
Legal Data
Legal Form : Joint stock company
|
Fiscal Code : 01591820202 |
|
Foreign Trade Reg. no. : 007111 of Mantova since 01/04/1992 |
|
Chamber of Commerce no. : 169204 of Mantova since 27/11/1990 |
|
Firms' Register : MN030-15071 of Mantova since 19/02/1996 |
|
V.A.T. Code : 01591820202 |
|
Tribunal Co. Register : 15071 of since 22/10/1992 |
|
Foundation date |
: 30/09/1985 |
|
|
Establishment date |
: 30/09/1985 |
|
|
Start of Activities |
: 07/01/1986 |
|
|
Legal duration |
: 31/12/2050 |
|
|
Nominal Capital |
: 3.039.000 |
|
|
Subscribed Capital |
: 3.039.000 |
|
|
Paid up Capital |
: 3.039.000 |
|
Members
|
|
Ceccardi |
Pierluigi |
|
|
|
Born in Marcaria |
(MN) |
on 11/12/1939 |
- Fiscal Code : CCCPLG39T11E922W |
|
|
|
Residence: |
|
Virgilio |
, 22/24 |
- 46010 |
Curtatone |
(MN) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
09/05/2011 |
|
|
|
Board Chairman |
09/05/2011 |
|
|
|
Managing Director |
09/05/2011 |
|
|
|
|
Ceccardi |
Pierluigi |
|
|
|
Born in Marcaria |
(MN) |
on 11/12/1939 |
- Fiscal Code : CCCPLG39T11E922W |
|
|
|
Residence: |
|
Virgilio |
, 22/24 |
- 46010 |
Curtatone |
(MN) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
09/05/2011 |
|
|
|
Board Chairman |
09/05/2011 |
|
|
|
Managing Director |
09/05/2011 |
|
|
|
|
No Prejudicial
events are reported |
|
|
No Protests
registered |
|
|
Ceccardi |
Guido |
|
|
|
Born in Mantova |
(MN) |
on 11/12/1963 |
- Fiscal Code : CCCGDU63T11E897X |
|
|
|
Residence: |
|
Fratelli Bandiera |
, 11 |
- 46100 |
Mantova |
(MN) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
09/05/2011 |
|
|
|
Assistant board Chairman |
09/05/2011 |
|
|
|
Managing Director |
09/05/2011 |
|
|
|
|
No Prejudicial
events are reported |
|
|
No Protests
registered |
|
|
Ceccardi |
Antonella |
|
|
|
Born in Mantova |
(MN) |
on 19/01/1965 |
- Fiscal Code : CCCNNL65A59E897W |
|
|
|
Residence: |
|
Virglio |
, 22/24 |
- 46010 |
Curtatone |
(MN) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
09/05/2011 |
|
|
|
Managing Director |
09/05/2011 |
|
|
|
|
No Prejudicial
events are reported |
|
|
No Protests
registered |
|
|
Caleffi |
Alberto |
|
|
|
Born in Curtatone |
(MN) |
on 17/09/1962 |
- Fiscal Code : CLFLRT62P17D227C |
|
|
|
Residence: |
|
Marzabotto |
, 33 |
- 46010 |
Curtatone |
(MN) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
20/09/2013 |
|
|
|
|
No Prejudicial
events are reported |
|
|
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.
|
|
Ceccardi |
Pierluigi |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Il Sole 24 Ore S.p.a. |
Milano (MI) - IT - |
00777910159 |
Director |
Withdrawn |
Registered |
|
|
Ceccardi |
Pierluigi |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Cassa Di Risparmio Di Mirandola S.p.a. |
Mirandola (MO) - IT - |
02073290369 |
Director |
Active |
Merged |
|
RACCORDERIE METALLICHE -S.P.A. |
Curtatone (MN) - IT - |
00547660209 |
Chairman |
Active |
Registered |
|
BANCA POPOLARE AGRICOLA DI POGGIO RUSCO-SOCIETA'COOPERATIVA A
RE-SPONSABILITA'LI |
Poggio Rusco (MN) - IT - |
00165810201 |
Director |
Active |
Registered |
|
Assindustria Energia Mantova |
Mantova (MN) - IT - |
01933820209 |
Director |
Withdrawn |
Registered |
|
CECCARDI PIER LUIGI |
Mantova (MN) - IT - |
CCCPLG39T11E922W |
Proprietor |
Active |
Registered |
|
Universita' Di Mantova |
Mantova (MN) - IT - |
01987230206 |
Director |
Active |
Registered |
|
|
Ceccardi |
Guido |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Consorzio Con Attivita' Esterna Per L'internazionalizzazione E La
Promozione All |
Mantova (MN) - IT - |
00426700209 |
Director |
Active |
Registered |
|
Consorzio Mantovano Interaziendale Per La Formazione Professiona- Le |
Gazoldo degli Ippoliti (MN) - IT - |
01624810204 |
Director |
Withdrawn |
Registered |
|
AQUA SERVICE - S.R.L. |
Virgilio (MN) - IT - |
01710480201 |
Person in charge |
Withdrawn |
Registered |
|
RACCORDERIE METALLICHE -S.P.A. |
Curtatone (MN) - IT - |
00547660209 |
Director |
Withdrawn |
Registered |
|
Fondazione Della Comunita' Della Provincia Di Mantova - Onlus In Forma
Abbreviat |
Mantova (MN) - IT - |
93033710208 |
Director |
Active |
Registered |
|
Top Team Volley Mantova S.r.l. Societa'Sportiva Dilettantistica |
Mantova (MN) - IT - |
02076420203 |
Director |
Active |
Registered |
|
|
Ceccardi |
Antonella |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
RACCORDERIE METALLICHE -S.P.A. |
Curtatone (MN) - IT - |
00547660209 |
Director |
Withdrawn |
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.
Capital Shareholders
Shareholders' list as at date of data collection:
|
Firm's Style / Name |
Seat / Residence |
Fiscal Code |
Owned Shares |
% Ownership |
|
Ceccardi Pierluigi |
Curtatone - IT - |
CCCPLG39T11E922W |
2.556.852 .Eur |
84,13 |
|
Ceccardi Guido |
Mantova - IT - |
CCCGDU63T11E897X |
59.416 .Eur |
1,95 |
|
Ceccardi Antonella |
Curtatone - IT - |
CCCNNL65A59E897W |
59.416 .Eur |
1,95 |
|
Bettale Rosanna |
Curtatone - IT - |
BTTRNN36B53H612G |
59.416 .Eur |
1,95 |
|
Raccorderie Metalliche - S.p.a. |
|
02066990173 |
303.900 .Eur |
10,00 |
Direct Participations
The Company under review has participations in the following Companies:
|
Firm's Style |
Seat |
Fiscal Code |
Owned Shares Amount |
% Ownership |
since |
until |
Share Status |
|
IMMOBILINDUSTRIA S.P.A. |
|
00492540208 |
2.500 .Eur |
0,15 |
|
|
Active |
|
AQUA SERVICE - S.R.L. |
Virgilio - IT - |
01710480201 |
92.962 .Eur |
100,00 |
|
|
Active |
Firm's location and structure
In order to carry out its activities the firm uses the following
locations:
|
- |
Legal and
operative seat |
|
since 10/07/1990 |
|
|
|
|
|
|
Sabbionetana Fraz. Campitello |
, 59 |
- 46010 |
- Marcaria |
(MN) |
- IT - |
|
|
|
|
PHONE |
: 037696001 |
|
- |
Branch |
(Store) |
since 10/07/1990 |
|
|
|
|
|
|
Lombardi |
, C.M. |
- 46010 |
- Curtatone |
(MN) |
- IT - |
|
|
|
|
PHONE |
: 03762961 |
|
- |
Branch |
(Workshop) |
since 10/07/1990 |
|
|
|
|
|
|
Della Costituzione |
, 57 |
- 46010 |
- Curtatone |
(MN) |
- IT - |
|
- |
Branch |
(Factory) |
since 01/06/1990 |
|
|
|
|
|
|
Montanara Sud |
, 126 |
- 46010 |
- Marcaria |
(MN) |
- IT - |
|
|
|
|
Employees |
: 230 |
|
Fittings and Equipment for a value of 8.380.000 |
Eur |
|
Stocks for a value of 23.080.000 |
Eur |
|
Furniture and fittings for a value of 77.000 |
Eur |
|
Vehicles for a value of 310.000 |
Eur |
Trade organization: direct or by agents.
Sales are mainly addressed to Northern Italy
|
|
Import comes generally from the following nations:
|
- Germany |
|
- France |
Historical Information and/or
Firm's Status
CHANGES TO THE
LEGAL FORM:
|
Former legal form |
New legal form |
Changement Date |
|
Limited liability company |
Joint stock company |
10/04/1990 |
COMPANY STYLE
MODIFICATIONS:
|
Former Style |
New Style |
Changement Date |
|
Fabbrica Italiana Manicotti S.p.A. |
|
10/07/1990 |
EX-MEMBERS /
EX-POSITIONS:
|
|
Mercanti |
Giuliano |
|
|
|
Born in Mantova |
(MN) |
on 28/12/1946 |
- Fiscal Code : MRCGLN46T28E897G |
|
|
|
Residence: |
|
Principe Amedeo |
, 23 |
- 46100 |
Mantova |
(MN) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
|
Mercanti |
Lucio |
|
|
|
Born in Medole |
(MN) |
on 03/04/1943 |
- Fiscal Code : MRCLCU43D03F086B |
|
|
|
Residence: |
|
Chiavichette |
, 10/12 |
- 46100 |
Mantova |
(MN) |
- IT - |
|
Ex-Postions |
|
Permanent Auditor |
|
Chairman of the Board of Aud. |
|
|
Mantovani |
Alberto |
|
|
|
Born in Mirandola |
(MO) |
on 08/05/1937 |
|
|
|
Residence: |
|
Per Modena Ovest |
, 44 |
- 41034 |
Finale Emilia |
(MO) |
- IT - |
|
Ex-Postions |
|
Director |
|
|
Ceccardi |
Pierluigi |
|
|
|
Born in Marcaria |
(MN) |
on 11/12/1939 |
- Fiscal Code : CCCPLG39T11E922W |
|
|
|
Residence: |
|
Virgilio |
, 22/24 |
- 46010 |
Curtatone |
(MN) |
- IT - |
|
Ex-Postions |
|
Chairman |
|
|
Miozzo |
Luigi |
|
|
|
Born in PIOVENE ROCCHETTE |
(VI) |
on 12/08/1938 |
- Fiscal Code : MZZLGU38M12G694I |
|
|
|
Residence: |
|
MONTEGRAPPA |
, 33 |
- 46030 |
Virgilio |
(MN) |
- IT - |
|
Ex-Postions |
|
Managing Director |
|
Director |
|
|
Gualdi |
Arturo |
|
|
|
Born in Cavezzo |
(MO) |
on 16/03/1948 |
- Fiscal Code : GLDRTR48C16C398A |
|
|
|
Residence: |
|
Donatori Di Sangue |
, 4 |
- 41037 |
Mirandola |
(MO) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
|
Beccari |
Maurizio |
|
|
|
Born in Marcaria |
(MN) |
on 19/09/1959 |
- Fiscal Code : BCCMRZ59P19E922B |
|
|
|
Residence: |
|
Partigiani |
, 2 |
- 46100 |
Mantova |
(MN) |
- IT - |
|
Ex-Postions |
|
Attorney with special power |
|
Director |
|
Managing Director |
|
|
Azzali Zanola |
Giuseppe |
|
|
|
Born in BERGAMO |
(BG) |
on 11/04/1946 |
- Fiscal Code : ZZLGPP46D11A794E |
|
|
|
Residence: |
|
EUROPA |
, 11 |
- 24044 |
Dalmine |
(BG) |
- IT - |
|
Ex-Postions |
|
Attorney with special power |
|
|
Pernigo |
Gabriele |
|
|
|
Born in VERONA |
(VR) |
on 24/03/1939 |
- Fiscal Code : PRNGRL39C24L781D |
|
|
|
Residence: |
|
FABRIS |
, 10 |
- 35100 |
Padova |
(PD) |
- IT - |
|
Ex-Postions |
|
Director |
|
|
Finetti |
Marcello |
|
|
|
Born in Mantova |
(MN) |
on 17/07/1968 |
- Fiscal Code : FNTMCL68L17E897G |
|
|
|
Residence: |
|
Dosso |
, 12 |
- 46047 |
Porto Mantovano |
(MN) |
- IT - |
|
Ex-Postions |
|
Attorney with special power |
CEASINGS/INCORPORATIONS/MERGES:
|
|
The firm
absorbed by merging of |
|
|
|
Date |
: |
10/07/1990 |
Protests
Protests checking on the subject firm has given a negative result.
Data Base Prejudicial Events
Search
Search performed on a National Scale
|
|
|
Prejudicial
Events Search Result: NEGATIVE |
Search performed on a specialized data base.
Legal Procedures
None reported, standing to the latest received edition of the Official
Publications.
Financial and Economical Analysis
The company is active since 1986
The analysis is based on the latest 3 balance sheets.
During the last years, it achieved profits (r.o.e. 1,12% on 2012) with a
stable trend in the turnover.
The return on Investment in the last financial year was positive (1,95%)
and in line with the sector's average.
The amount of the operating result for the year 2012 is of Eur.
1.202.907 ,showing stability in respect to the value of 2011.
A gross operating margine for a value of Eur. 5.180.288 was reached.
with no sensible increase as against 2011.
The analysis shows a fair financial position as the indebtedness volume
is acceptable (2,41) and falling as against the previous year (2,56).
Subject can manage an equity capital funds for an amount of Eur.
13.084.190 , stable in comparison with the value of the previous year.
During the last financial year debts totalled Eur. 47.057.236 (Eur.
13.363.215 of which were m/l term debts) with no important change.
The recourse to bank credit is slightly high and also borrowings from
suppliers appear to be high, with an average payment period equal to 122,69 gg.
but lined up with the field's average.
The available funds are good.
On average trade credits are collected in 74,62 days. , a value lower
than the sector's average.
2012 financial year closed with a cash flow of Eur. 4.124.545
Labour cost amounts to Eur. 11.475.169, with a 17,38% incidence on
production costs. and a 16,62% incidence on sales volumes.
The incidence of the financial charges is of -1,18% on the sales amount.
Financial Data
|
|
|
Complete balance-sheet for the year |
31/12/2012 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
69.064.314 |
|
Profit (Loss) for the period |
147.164 |
|
|
|
Complete balance-sheet for the year |
31/12/2011 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
73.551.543 |
|
Profit (Loss) for the period |
112.396 |
|
|
|
Complete balance-sheet for the year |
31/12/2010 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
66.675.940 |
|
Profit (Loss) for the period |
219.439 |
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 31/12/2012 - 12 Mesi - Currency: - Amounts x 1 |
|
- 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 |
|
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PROFIT AND LOSS
ACCOUNTS
|
|
RATIOS |
Value
Type |
as
at 31/12/2012 |
as
at 31/12/2011 |
as
at 31/12/2010 |
Sector
Average |
|
COMPOSITION ON
INVESTMENT |
|
|
|
|
|
|
Rigidity Ratio |
Units |
0,29 |
0,28 |
0,29 |
0,26 |
|
Elasticity Ratio |
Units |
0,71 |
0,71 |
0,70 |
0,73 |
|
Availability of stock |
Units |
0,37 |
0,39 |
0,36 |
0,23 |
|
Total Liquidity Ratio |
Units |
0,33 |
0,32 |
0,34 |
0,44 |
|
Quick Ratio |
Units |
0,04 |
0,03 |
0,02 |
0,02 |
|
COMPOSITION ON
SOURCE |
|
|
|
|
|
|
Net Short-term indebtedness |
Units |
2,41 |
2,56 |
2,74 |
1,74 |
|
Self Financing Ratio |
Units |
0,21 |
0,20 |
0,20 |
0,29 |
|
Capital protection Ratio |
Units |
0,76 |
0,76 |
0,75 |
0,64 |
|
Liabilities consolidation quotient |
Units |
0,44 |
0,50 |
0,38 |
0,22 |
|
Financing |
Units |
3,60 |
3,94 |
3,77 |
2,30 |
|
Permanent Indebtedness Ratio |
Units |
0,45 |
0,46 |
0,42 |
0,46 |
|
M/L term Debts Ratio |
Units |
0,24 |
0,27 |
0,22 |
0,11 |
|
Net Financial Indebtedness Ratio |
Units |
1,82 |
2,29 |
1,98 |
0,49 |
|
CORRELATION |
|
|
|
|
|
|
Fixed assets ratio |
Units |
1,57 |
1,65 |
1,47 |
1,63 |
|
Current ratio |
Units |
1,30 |
1,34 |
1,22 |
1,32 |
|
Acid Test Ratio-Liquidity Ratio |
Units |
0,61 |
0,60 |
0,59 |
0,86 |
|
Structure's primary quotient |
Units |
0,74 |
0,70 |
0,71 |
1,05 |
|
Treasury's primary quotient |
Units |
0,06 |
0,05 |
0,03 |
0,04 |
|
Rate of indebtedness ( Leverage ) |
% |
472,46 |
508,82 |
490,72 |
349,01 |
|
Current Capital ( net ) |
Value |
9.975.399 |
11.820.593 |
8.050.387 |
753.266 |
|
RETURN |
|
|
|
|
|
|
Return on Sales |
% |
5,97 |
5,59 |
6,41 |
5,13 |
|
Return on Equity - Net- ( R.O.E. ) |
% |
1,12 |
0,87 |
1,71 |
7,27 |
|
Return on Equity - Gross - ( R.O.E. ) |
% |
4,88 |
5,73 |
5,21 |
15,95 |
|
Return on Investment ( R.O.I. ) |
% |
1,95 |
1,78 |
2,57 |
5,36 |
|
Return/ Sales |
% |
1,74 |
1,59 |
2,43 |
5,57 |
|
Extra Management revenues/charges incid. |
% |
12,23 |
9,58 |
13,53 |
42,11 |
|
Cash Flow |
Value |
4.124.545 |
4.110.425 |
4.271.187 |
344.143 |
|
Operating Profit |
Value |
1.202.907 |
1.172.931 |
1.621.547 |
359.008 |
|
Gross Operating Margin |
Value |
5.180.288 |
5.340.960 |
5.673.295 |
705.726 |
|
MANAGEMENT |
|
|
|
|
|
|
Credits to clients average term |
Days |
74,62 |
77,22 |
90,33 |
101,37 |
|
Debts to suppliers average term |
Days |
122,69 |
91,89 |
116,70 |
115,52 |
|
Average stock waiting period |
Days |
120,30 |
126,57 |
124,28 |
80,62 |
|
Rate of capital employed return ( Turnover ) |
Units |
1,12 |
1,12 |
1,06 |
1,07 |
|
Rate of stock return |
Units |
2,99 |
2,84 |
2,90 |
4,40 |
|
Labour cost incidence |
% |
16,62 |
16,67 |
16,68 |
16,91 |
|
Net financial revenues/ charges incidence |
% |
-1,18 |
-0,54 |
-0,55 |
-1,19 |
|
Labour cost on purchasing expenses |
% |
17,38 |
16,33 |
16,51 |
17,25 |
|
Short-term financing charges |
% |
1,74 |
2,10 |
1,10 |
2,71 |
|
Capital on hand |
% |
89,51 |
89,57 |
94,62 |
93,00 |
|
Sales pro employee |
Value |
296.413 |
314.322 |
267.774 |
223.920 |
|
Labour cost pro employee |
Value |
49.249 |
52.383 |
44.670 |
35.625 |
Remarks
1) Protests checking (relative to the last five years) performed by
crossing and matching the members names and the Firm's Style with the reported
addresses, is supplied by the Informatic Registry managed by the Italian
Chamber of Commerce. If the fiscal code is not indicated, the eventual
homonymous cases are submitted to expert staff evaluation in order to limit
wrong matching risks.
2) The Legal Data, supplied and retrived from the Firm's Registry of the
Italian Chamber of Commerce, are in line with the last registered
modifications.
Market / Territory Data
|
Population living in the province |
: |
|
|
Population living in the region |
: |
|
|
Number of families in the region |
: |
|
Monthly family expences average in the region (in Eur..) :
|
- per food products |
: |
|
|
- per non food products |
: |
|
|
- per energy consume |
: |
|
Sector Data
The values are calculated on a base of 918 significant companies.
The companies cash their credits on an average of 101 dd.
The average duration of suppliers debts is about 116 dd.
The sector's profitability is on an average of 5,13%.
The labour cost affects the turnover in the measure of 16,91%.
Goods are held in stock in a range of 81 dd.
The difference between the sales volume and the resources used to
realize it is about 1,07.
The employees costs represent the 17,25% of the production costs.
Statistical Detrimental Data
Statistcally the trade activity shows periods of crisis.
The area is statistically considered lowly risky.
In the region 50.886 protested subjects are found; in the province they
count to 1.630.
The insolvency index for the region is 0,55, , while for the province it
is 0,42.
Total Bankrupt companies in the province : 954.
Total Bankrupt companies in the region : 39.612.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.38 |
|
|
1 |
Rs.102.15 |
|
Euro |
1 |
Rs.85.29 |
INFORMATION DETAILS
|
Report Prepared
by : |
NNA |
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.