|
Report Date : |
05.03.2013 |
IDENTIFICATION DETAILS
|
Name : |
SIA ITALIA S.R.L.
|
|
|
|
|
Registered Office : |
Via Sandro
Pertini, 122 50019 - Sesto
Fiorentino (FI) |
|
|
|
|
Country : |
Italy |
|
|
|
|
Financials (as on) : |
31.12.2011 |
|
|
|
|
Date of Incorporation : |
30.12.1989 |
|
|
|
|
Com. Reg. No.: |
FI017-54857 of since 19/02/1996 |
|
|
|
|
Legal Form : |
Sole-Member Limited Liability Company |
|
|
|
|
Line of Business : |
Wholesale of porcelain
and glassware and cleaning materials |
|
|
|
|
No. of Employees : |
From 51 to 70 |
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 |
|
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
Sia Italia S.r.l.
Via Sandro Pertini, 122
50019 - Sesto Fiorentino (FI) -IT-
|
Fiscal Code |
: |
02136760267 |
|
Legal Form |
: |
Sole-Member Limited Liability Company |
|
start of Activities |
: |
30/12/1989 |
|
Equity |
: |
Over 2.582.254 |
|
Turnover Range |
: |
15.500.000/18.000.000 |
|
Number of Employees |
: |
from 51 to 70 |
Wholesale of porcelain and glassware and
cleaning materials
Retail sale via mail order or via Internet
Retail sale of all product types via internet
Legal Form : Sole-Member Limited Liability
Company
|
Fiscal Code : 02136760267 |
|
Foreign Trade Reg. no. : FI040696 since
27/02/1992 |
|
Chamber of Commerce no. : 490179 of |
|
Chamber of Commerce no. : 422280 of since
01/02/1990 |
|
Chamber of Commerce no. : 1704732 of |
|
Chamber of Commerce no. : 1945701 of |
|
Chamber of Commerce no. : 1286816 of |
|
Firms' Register : FI017-54857 of since
19/02/1996 |
|
V.A.T. Code : 04161900487 |
|
Trade Agents Licence : 0028402 of since
19/03/1994 |
|
Foundation date |
: 22/12/1988 |
|
|
Establishment date |
: 22/12/1988 |
|
|
Start of Activities |
: 30/12/1989 |
|
|
Legal duration |
: 31/12/2050 |
|
|
Nominal Capital |
: 1.000.000 |
|
|
Subscribed Capital |
: 1.000.000 |
|
|
Paid up Capital |
: 1.000.000 |
|
|
|
Formigli |
Stefano |
|
|
|
Born in Firenze |
(FI) |
on 23/12/1971 |
- Fiscal Code : FRMSFN71T23D612B |
|
|
|
Residence: |
|
Morrocco |
, 52 |
- 50028 |
Tavarnelle Val di Pesa |
(FI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
30/03/2010 |
|
|
|
Managing Director |
30/03/2010 |
|
|
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Ciucchi |
Sonia |
|
|
|
Born in Firenze |
(FI) |
on 29/07/1964 |
- Fiscal Code : CCCSNO64L69D612I |
|
|
|
Residence: |
|
Giuliano Ricci |
, 10/H |
- 50100 |
Firenze |
(FI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
30/03/2010 |
|
|
|
|
No Protests registered |
|
|
Pinot |
Eric Victor Pierre Marie |
|
|
|
Born in Lorient |
( ) |
on 18/12/1955 |
- Fiscal Code : PNTRVC55T18Z110I |
|
|
|
Residence: |
Rue Rieux |
, 14 |
Boulogne Billancourt |
- FR - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Board Chairman |
21/09/2011 |
|
|
|
Director |
21/09/2011 |
|
|
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
*checkings have been performed on a national
scale.
In this module are listed the companies in
which members hold or have holded positions.
|
|
Formigli |
Stefano |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Sia Boutiques S.r.l. |
Sesto Fiorentino (FI) - IT - |
05096060487 |
Sole Director |
Withdrawn |
Registered |
Shareholders' list as at date of data
collection:
|
Firm's Style / Name |
Seat / Residence |
Fiscal Code |
Owned Shares |
% Ownership |
|
Sia S.A. |
Villiers Saint Frederic - FR - |
91027360931 |
1.000.000 .Eur |
100,00 |
The Company under review has participations
in the following Companies:
|
Firm's Style |
Seat |
Fiscal Code |
Owned Shares Amount |
% Ownership |
since |
until |
Share Status |
|
Sia Boutiques S.r.l. |
Sesto Fiorentino - IT - |
05096060487 |
90.000 .Eur |
100,00 |
|
|
Active |
In order to carry out its activities the firm
uses the following locations:
|
- |
Legal and operative seat |
|
since 10/10/1989 |
|
|
|
|
|
|
Sandro Pertini |
, 122 |
- 50019 |
- Sesto Fiorentino |
(FI) |
- IT - |
|
|
|
|
Trading Style: SIA ITALIA |
|
|
|
|
PHONE |
: 0554208842 |
|
|
|
|
PHONE |
: 0554208708 |
|
|
|
|
FAX |
: 0554208708 |
|
- |
Branch |
(Store) |
since 01/03/2001 |
|
|
|
|
|
|
S. Pertini |
, 121 |
- 50019 |
- Sesto Fiorentino |
(FI) |
- IT - |
|
|
|
|
Email |
: SIA-HOMEFASHION@PEC.IT |
|
- |
Branch |
(Shop) |
since 01/12/2010 |
|
|
|
|
|
|
Dante Alighieri |
, 18/R |
- 50100 |
- Firenze |
(FI) |
- IT - |
|
|
|
|
Total Surface: 180 Sq.mt. |
|
- |
Branch |
(Shop) |
since 01/12/2010 |
|
|
|
|
|
|
Scopicci Unita |
, 17 |
- 50031 |
- Barberino di Mugello |
(FI) |
- IT - |
|
|
|
|
Total Surface: 100 Sq.mt. |
|
- |
Branch |
(Shop) |
since 01/12/2010 |
|
|
|
|
|
|
Zecca Vecchia |
, 6 |
- 20100 |
- Milano |
(MI) |
- IT - |
|
|
|
|
Total Surface: 249 Sq.mt. |
|
- |
Branch |
(Shop) |
since 01/12/2010 |
|
|
|
|
|
|
Savoia |
, 12/14/16 |
- 00100 |
- Roma |
(RM) |
- IT - |
|
|
|
|
Total Surface: 118 Sq.mt. |
|
- |
Branch |
|
since 26/10/2011 |
|
|
|
|
|
|
V. Emanuele |
, 14 |
- 50041 |
- Calenzano |
(FI) |
- IT - |
|
|
|
|
Trading Style: SIA HOME FASHION OUTLET |
|
|
|
|
Total Surface: 114 Sq.mt. |
|
- |
Branch |
(Store) |
since 01/06/2012 |
|
|
|
|
|
|
Sandro Pertini |
, 124 |
- 50019 |
- Sesto Fiorentino |
(FI) |
- IT - |
|
|
|
|
Employees |
: 64 |
|
Fittings and Equipment for a value of
26.000 |
Eur |
|
Stocks for a value of 3.350.000 |
Eur |
|
|
The firm operates abroad as importer /
exporter..
To purchase foreign products the firm uses
the following channels :
|
- distributors |
|
- its own agents |
Export represents up to 20% of the global
turnover.
Products abroad are placed by :
|
- its own sales net-work |
Import comes generally from the following
nations:
|
- Italy |
|
- Belgium |
COMPANY STYLE MODIFICATIONS:
|
Former Style |
New Style |
Changement Date |
|
BOITE S.r.l. |
|
10/10/1989 |
EX-MEMBERS / EX-POSITIONS:
|
|
Randi |
Giuseppe |
|
|
|
Born in PADOVA |
(PD) |
on 08/04/1942 |
- Fiscal Code : RNDGPP42D08G224H |
|
|
|
Residence: |
|
RINALDO RINALDI |
, 24 |
- 35100 |
Padova |
(PD) |
- IT - |
|
Ex-Postions |
|
Director |
|
|
Rutter John Powell |
|
|
|
|
Born in Londra |
( ) |
on 18/12/1944 |
- Fiscal Code : RTTJNP44T18Z114L |
|
Ex-Postions |
|
Chairman |
|
Board Chairman |
|
|
Nardi |
Giampiero |
|
|
|
Born in Firenze |
(FI) |
on 30/06/1938 |
- Fiscal Code : NRDGPR38H30D612A |
|
Ex-Postions |
|
Managing Director |
|
Managing Director |
|
Board Chairman |
|
Director |
|
|
Tiveron |
Maurizio |
|
|
|
Born in Treviso |
(TV) |
on 28/10/1952 |
- Fiscal Code : TVRMRZ52R28L407N |
|
|
|
Residence: |
|
Ferdinando Santi |
, 15 |
- 10024 |
Moncalieri |
(TO) |
- IT - |
|
Ex-Postions |
|
Chairman |
|
|
Meli |
Paolo |
|
|
|
Born in Bagno a Ripoli |
(FI) |
on 18/07/1938 |
- Fiscal Code : MLEPLA38L18A564U |
|
|
|
Residence: |
|
S. Allende |
, 22 |
- 50018 |
Scandicci |
(FI) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
|
Brener |
Jeanette |
|
|
|
Born in NEW YORK |
( ) |
on 02/07/1940 |
- Fiscal Code : BRNJTT40L42Z404O |
|
|
|
Residence: |
|
SANTA MARIA A MARIGNOLLE |
, 36 |
- 50100 |
Firenze |
(FI) |
- IT - |
|
Ex-Postions |
|
Director |
|
|
Bygge |
Claes Johan |
|
|
|
Born in Stockholm (svezia) |
( ) |
on 23/05/1956 |
- Fiscal Code : BYGCSJ56E23Z132C |
|
Ex-Postions |
|
Director |
|
|
Vegni |
Azelio |
|
|
|
Born in Radda in Chianti |
(SI) |
on 10/08/1938 |
- Fiscal Code : VGNZLA38M10H153P |
|
|
|
Residence: |
|
Leonardo Da Vinci |
, 12 |
- 50100 |
Firenze |
(FI) |
- IT - |
|
Ex-Postions |
|
Chairman of the Board of Aud. |
|
|
Nilsson |
Nils Johan Gunnar |
|
|
|
Born in M; Lund |
( ) |
on 17/06/1965 |
- Fiscal Code : NLSNSJ65H17Z132J |
|
|
|
Residence: |
Rue Jeanne D'albret |
, 29 |
- 78100 |
St. Germain En Laye |
- FR - |
|
Ex-Postions |
|
Board Chairman |
|
Director |
|
|
Sottani |
Laura |
|
|
|
Born in Firenze |
(FI) |
on 21/05/1963 |
- Fiscal Code : STTLRA63E61D612R |
|
|
|
Residence: |
|
Cavour |
, 85 |
- 50100 |
Firenze |
(FI) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
|
Soucheiron Forcada |
Manuel |
|
|
|
Born in Barcellona |
( ) |
on 13/03/1959 |
- Fiscal Code : SCHMNL59C13Z131H |
|
|
|
Residence: |
Avenida Diagonal 501, 6' 1' |
Barcellona |
- ES - |
|
Ex-Postions |
|
Director |
|
|
Rapi |
Federico |
|
|
|
Born in Firenze |
(FI) |
on 26/05/1966 |
- Fiscal Code : RPAFRC66E26D612G |
|
|
|
Residence: |
|
Dell Olmeto |
, 7/G |
- 50135 |
Firenze |
(FI) |
- IT - |
|
Ex-Postions |
|
Permanent Auditor |
|
|
Llacuna |
Jose Luis |
|
|
|
Born in Barcellona |
( ) |
on 14/02/1966 |
- Fiscal Code : LLCJLS66B14Z131G |
|
|
|
Residence: |
Enrique Gimenez |
, 16 |
- 08034 |
Brcellona |
- ES - |
|
Ex-Postions |
|
Director |
|
Board Chairman |
|
|
Christophe Emmanuel |
Mark Pouille |
|
|
|
Born in Royan |
( ) |
on 02/07/1966 |
|
Ex-Postions |
|
Director |
|
|
Pouille |
Christophe Emmanuel Marc |
|
|
|
Born in Royan |
( ) |
on 02/07/1966 |
|
|
|
Residence: |
Rue De Gramont |
, 25 |
Chambourcy |
- FR - |
|
Ex-Postions |
|
Director |
CEASINGS/INCORPORATIONS/MERGES:
|
|
The firm absorbed by merging of |
|
|
|
Savana - S.r.l. |
|
|
|
|
Delle Fonti |
, 6/C |
, 50018 |
, Scandicci |
(FI) |
- IT - |
|
|
|
Fiscal Code: 00494820483 |
|
|
|
Date |
: |
30/12/1989 |
|
|
Project of merging by taking over of |
|
|
|
Sia Boutiques S.r.l. |
|
|
|
|
S.pertini |
, 122 |
, 50019 |
, Sesto Fiorentino |
(FI) |
- IT - |
|
|
|
Fiscal Code: 05096060487 |
|
|
|
Date |
Merging/splitting-up project: |
30/03/2010 |
|
|
The firm absorbed by merging of |
|
|
|
Sia Boutiques S.r.l. |
|
|
|
|
S.pertini |
, 122 |
, 50019 |
, Sesto Fiorentino |
(FI) |
- IT - |
|
|
|
Fiscal Code: 05096060487 |
|
|
|
Date |
: |
12/11/2010 |
Protests checking on the subject firm has
given a negative result.
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.
Company's starting of activities dates back
to 1989.
Balance sheets for the years 2009, 2010 and
2011 were analyzed.
Under an economic point of view, profits were
registered during the last years with a r.o.e. of 0,48% in 2011 but without a
significant increase in the turnover.
The return on Investment in the last
financial year was positive (1,4%) falling within the field's average.
An operating result of Eur. 156.203 has been
registered. recording a drop as opposed to the year before (-64,02%).
The G.O.M. amounted to Eur. 355.673 , with a
-33,56% decrease.
From a financial aspect the company's status
covers total short-term debts; the indebtedness volume in 2011 is in fact 0,47
improved in comparison with the year before (0,73.).
The equity capital is equal to Eur. 6.402.805
, stable in comparison with the value of the previous year.
Bank exsposure is limited and the suppliers'
credit is modest too, 62,51 gg. is the payment average period below the
sector's average.
The management determines a good range of
liquidity.
Trade credits are collected slowly, average
term is 90,98 days. , as it normally happens in the sector.
Eur. 192.342 is the value of cash flow during
the year 2011
During 2011 financial year labour costs
amounted to Eur. 2.380.891, with a 13,97% incidence on production costs. ,
whereas the incidence of such costs on sales revenues is equal to 14,34%.
Limited financial charges in relation to
sales volume.
|
|
|
Complete balance-sheet for the year |
31/12/2011 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
16.607.086 |
|
Profit (Loss) for the period |
30.992 |
|
|
|
Complete balance-sheet for the year |
31/12/2010 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
16.854.438 |
|
Profit (Loss) for the period |
229.780 |
|
|
|
Complete balance-sheet for the year |
31/12/2009 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
17.118.048 |
|
Profit (Loss) for the period |
576.636 |
|
|
|
Complete balance-sheet for the year |
31/12/2008 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
19.898.976 |
|
Profit (Loss) for the period |
1.846.674 |
|
|
|
Complete balance-sheet for the year |
31/12/2007 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
20.233.595 |
|
Profit (Loss) for the period |
1.771.120 |
From our constant monitoring of the relevant
Public Administration offices, no more recent balance sheets result to have
been filed.
|
- Balance Sheet as at 31/12/2011 - 12 Mesi
- Currency: - Amounts x 1 |
|
- Balance Sheet as at 31/12/2010 - 12 Mesi
- Currency: - Amounts x 1 |
|
- Balance Sheet as at 31/12/2009 - 12 Mesi
- Currency: - Amounts x 1 |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
RATIOS |
Value Type |
as at 31/12/2011 |
as at 31/12/2010 |
as at 31/12/2009 |
Sector Average |
|
COMPOSITION ON INVESTMENT |
|
|
|
|
|
|
Rigidity Ratio |
Units |
0,01 |
0,02 |
0,04 |
0,09 |
|
Elasticity Ratio |
Units |
0,97 |
0,97 |
0,96 |
0,89 |
|
Availability of stock |
Units |
0,30 |
0,44 |
0,26 |
0,26 |
|
Total Liquidity Ratio |
Units |
0,67 |
0,53 |
0,71 |
0,54 |
|
Quick Ratio |
Units |
0,05 |
0,02 |
0,10 |
0,03 |
|
COMPOSITION ON SOURCE |
|
|
|
|
|
|
Net Short-term indebtedness |
Units |
0,47 |
0,73 |
0,37 |
3,95 |
|
Self Financing Ratio |
Units |
0,58 |
0,51 |
0,58 |
0,17 |
|
Capital protection Ratio |
Units |
0,84 |
0,81 |
0,74 |
0,62 |
|
Liabilities consolidation quotient |
Units |
0,12 |
0,10 |
0,14 |
0,10 |
|
Financing |
Units |
0,56 |
0,75 |
0,54 |
4,85 |
|
Permanent Indebtedness Ratio |
Units |
0,62 |
0,55 |
0,62 |
0,29 |
|
M/L term Debts Ratio |
Units |
0,04 |
0,04 |
0,05 |
0,07 |
|
Net Financial Indebtedness Ratio |
Units |
0,05 |
0,05 |
0,00 |
1,04 |
|
CORRELATION |
|
|
|
|
|
|
Fixed assets ratio |
Units |
41,36 |
32,47 |
17,25 |
2,37 |
|
Current ratio |
Units |
3,04 |
2,51 |
3,08 |
1,18 |
|
Acid Test Ratio-Liquidity Ratio |
Units |
2,10 |
1,38 |
2,26 |
0,80 |
|
Structure's primary quotient |
Units |
38,69 |
30,12 |
15,99 |
1,48 |
|
Treasury's primary quotient |
Units |
0,15 |
0,04 |
0,31 |
0,04 |
|
Rate of indebtedness ( Leverage ) |
% |
173,70 |
194,63 |
173,09 |
602,26 |
|
Current Capital ( net ) |
Value |
7.272.836 |
7.264.152 |
6.911.294 |
191.984 |
|
RETURN |
|
|
|
|
|
|
Return on Sales |
% |
1,16 |
1,65 |
5,66 |
2,03 |
|
Return on Equity - Net- ( R.O.E. ) |
% |
0,48 |
3,61 |
9,39 |
6,31 |
|
Return on Equity - Gross - ( R.O.E. ) |
% |
2,34 |
6,99 |
14,61 |
17,00 |
|
Return on Investment ( R.O.I. ) |
% |
1,40 |
3,50 |
8,38 |
4,18 |
|
Return/ Sales |
% |
0,94 |
2,58 |
5,21 |
3,46 |
|
Extra Management revenues/charges incid. |
% |
19,84 |
52,91 |
64,70 |
27,96 |
|
Cash Flow |
Value |
192.342 |
278.307 |
968.899 |
44.823 |
|
Operating Profit |
Value |
156.203 |
434.257 |
891.289 |
74.603 |
|
Gross Operating Margin |
Value |
355.673 |
535.394 |
1.284.437 |
111.383 |
|
MANAGEMENT |
|
|
|
|
|
|
Credits to clients average term |
Days |
90,98 |
91,42 |
95,47 |
113,70 |
|
Debts to suppliers average term |
Days |
62,51 |
79,68 |
60,62 |
118,14 |
|
Average stock waiting period |
Days |
72,71 |
116,59 |
57,15 |
72,90 |
|
Rate of capital employed return ( Turnover
) |
Units |
1,49 |
1,36 |
1,61 |
1,25 |
|
Rate of stock return |
Units |
4,95 |
3,09 |
6,30 |
4,88 |
|
Labour cost incidence |
% |
14,34 |
14,59 |
12,12 |
8,14 |
|
Net financial revenues/ charges incidence |
% |
-0,03 |
0,07 |
0,38 |
-1,38 |
|
Labour cost on purchasing expenses |
% |
13,97 |
14,30 |
12,19 |
8,25 |
|
Short-term financing charges |
% |
1,12 |
0,77 |
1,30 |
2,76 |
|
Capital on hand |
% |
66,97 |
73,58 |
62,13 |
79,85 |
|
Sales pro employee |
Value |
224.420 |
221.768 |
372.131 |
397.742 |
|
Labour cost pro employee |
Value |
32.174 |
32.364 |
45.108 |
33.267 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.05 |
|
|
1 |
Rs.82.75 |
|
Euro |
1 |
Rs.71.61 |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or
its officials.