MIRA INFORM REPORT

 

 

Report Date :

08.07.2013

 

IDENTIFICATION DETAILS

 

Name :

ELITE TRADING S.R.L.

 

 

Registered Office :

Via Degli Zuccaro, 9 

20100 – Milano (MI) -IT-

 

 

Country :

Italy

 

 

Date of Incorporation :

17.06.2013

 

 

Legal Form :

Limited liability company

 

 

Line of Business :

Creation of advertising campaigns

 

 

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 – 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 and address

 

ELITE TRADING S.R.L.

 

Via Degli Zuccaro, 9

 

20100 - Milano (MI) -IT-

 

 

Summary

 

Fiscal Code

:

08295010964

Legal Form

:

Limited liability company

Establishment Date

:

17/06/2013

Number of Employees

:

from 1 to 5

 

 

Activity

 

Creation of advertising campaigns

Media representation

 

 

Legal Data

 

Legal Form : Limited liability company

Fiscal Code : 08295010964

 

Chamber of Commerce no. : 2015656 of Milano since 20/06/2013

 

V.A.T. Code : 08295010964

 

Establishment date

: 17/06/2013

Legal duration

: 31/12/2050

Nominal Capital

: 10.000

 

Subscribed Capital

: 10.000

 

Paid up Capital

: 2.500

 

 

 

Members

 

Calestani

Alessio

 

 

Born in Milano

(MI)

on 16/02/1973

- Fiscal Code : CLSLSS73B16F205Y

 

 

Residence:

 

Medardo Rosso

, 15

- 20159

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Sole Director

17/06/2013

 

 

 

Prejudicial events registered

 

Legal Mortgage - 31/07/2009. - 38.343 Euro.

  EQUITALIA ESATRI S. P. A.

 

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.

 

Calestani

Alessio

 

Firm's Style

Seat

Fiscal Code

Position

Position Status

Firm's Status

Il Birone Terzo Di Fumagalli Nicola E Calestani Alessio Snc

Milano (MI) - IT -

03530300155

Partner

Active

Registered

Arte Atelier S.a.s. Di Calestani Alessio

Milano (MI) - IT -

07715600966

General Partner

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.



Capital Shareholders

 

Shareholders' list as at date of data collection:

 

Firm's Style / Name

Seat / Residence

Fiscal Code

Owned Shares

% Ownership

Sanghorian Walter

Cinisello Balsamo - IT -

SNGWTR63B03F205L

75 .Eur

3,00

Calestani Alessio

Milano - IT -

CLSLSS73B16F205Y

2.350 .Eur

94,00

Vania Tricarico Maria

 

VNTMRA70L48F205U

75 .Eur

3,00

 

 

 

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

 

 

 

 

 

 

 

Degli Zuccaro

, 9

- 20100

- Milano

(MI)

- IT -

 

 

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.



 

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.60.34

UK Pound

1

Rs.90.78

Euro

1

Rs.77.81

 

INFORMATION DETAILS

 

Report Prepared by :

SDA

 

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%)

 

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