MIRA INFORM REPORT

 

 

Report Date :

22.01.2013

 

IDENTIFICATION DETAILS

 

Name :

MARLEATHER SRL

 

 

Registered Office :

 

Via Sega, 19 

36071 – Arzignano (VI)

 

 

Country :

Italy

 

 

Date of Incorporation :

01.09.2012

 

 

Legal Form :

Sole-Member Limited Liability Company

 

 

Line of Business :

Preparation and tanning of leather

 

 

No. of Employees :

From 1 to 5

 

 

RATING & COMMENTS

 

MIRA’s Rating :

NB

 

RATING

STATUS

PROPOSED CREDIT LINE

--

NB

New Business

 

--

 

Status :

New Company

Payment Behaviour :

Unknown

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

(31.03.2011)

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


Company name and address

 

Marleather Srl

 

Via Sega, 19 

36071 – Arzignano (VI) -IT-

 

 

Summary

 

Fiscal Code

:

03738010242

Legal Form

:

Sole-Member Limited Liability Company

start of Activities

:

01/09/2012

Number of Employees

:

from 1 to 5

 

 

Highlights

 

The company under review has been established to take over by renting

 

the activities of the previous established Mapel Italia srl, managed by

 

Ettore Margherita and Olimpia Carratta.

 

Mapel Italia was subject to an investigation of the Italian Finance Police

 

for tax evasion during the years 2007-2008.

 

 

 

Activity

 

Preparation and tanning of leather; dressing and dyeing of fur

 

Legal Data

 

Legal Form : Sole-Member Limited Liability Company

Fiscal Code : 03738010242

 

Chamber of Commerce no. : 350136 of since 09/02/2012

 

V.A.T. Code : 03738010242

 

Establishment date

: 20/01/2012

Start of Activities

: 01/09/2012

Legal duration

: 31/12/2050

Nominal Capital

: 100.000

 

Subscribed Capital

: 100.000

 

Paid up Capital

: 100.000

 

 

Members

 

 

Margherita

Francesca

 

 

 

Born in Taranto

(TA)

on 16/01/1983

- Fiscal Code : MRGFNC83A56L049B

 

 

 

Residence:

 

Dei Fanti

, 23

- 36071

Arzignano

(VI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Sole Director

20/01/2012

 

 

Sole partner

 

 

 

 

 

No Prejudicial events are reported

 

 

No Protests registered

 

Companies connected to members *

 

*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.

 

Capital Shareholders

 

Shareholders' list as at date of data collection:

 

Firm's Style / Name

Seat / Residence

Fiscal Code

Owned Shares

% Ownership

Margherita Francesca

Arzignano - IT -

MRGFNC83A56L049B

 

100,00

 

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

 

 

 

 

 

 

 

Sega

, 19

- 36071

- Arzignano

(VI)

- IT -

 

 

 

 

Email

: MARLEATHERSRL@LEGALMAIL.IT

 

-

Branch

 

since 01/09/2012

 

 

 

 

 

F.b. Cavalieri

, 5/A

- 36050

- Zermeghedo

(VI)

- IT -

 

 

 

 

PHONE

: 0444486147

 


Historical Information and/or Firm's Status

 

CEASINGS/INCORPORATIONS/MERGES:

 

 

The subj. took over by rent the activities of

 

 

 

Mapel Italia Srl

 

 

 

 

SAN LAZZARO

, 52

, 36100

, Vicenza

(VI)

- IT -

 

 

 

Fiscal Code: 02667670240

 

 

 

Date

:

01/09/2012

 

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.





SOURCES

 

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).

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.53.87

UK Pound

1

Rs.85.53

Euro

1

Rs.71.77

 

 

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.