MIRA INFORM REPORT

           

 

 

 

Report Date :           

15.05.2013

 

IDENTIFICATION DETAILS

 

Name :

ISCO DESIGN S.R.L.

 

 

Registered Office :

Via Milano, 5,

21052 - Busto Arsizio (VA)        

 

 

Country :

Italy

 

 

Date of Incorporation :

28.10.2010

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

Wholesale of textiles

 

 

No. of Employees :

10 persons

 

 

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 – September 30th, 2011

 

Country Name

Previous Rating

                   (30.06.2011)                  

Current Rating

(30.09.2011)

Italy

a2

a2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

Company name & address 

 

Isco Design S.r.l.

 

Via Milano, 5

 

21052 - Busto Arsizio (VA) -IT-

 

 

Summary

 

Fiscal Code

:

03188560126

Legal Form

:

Limited liability company

start of Activities

:

01/12/2010

Number of Employees

:

from 6 to 10

 

 

Activity

 

Wholesale of textiles

Fashion design and industrial design activities

 

 

Legal Data

 

Legal Form : Limited liability company

Fiscal Code : 03188560126

 

Chamber of Commerce no. : 330336 of Varese since 03/11/2010

 

V.A.T. Code : 03188560126

 

Establishment date

: 28/10/2010

Start of Activities

: 01/12/2010

Legal duration

: 31/12/2050

Nominal Capital

: 100.000

Eur

Subscribed Capital

: 100.000

Eur

Paid up Capital

: 100.000

Eur

 

Members

 

 

Prandoni

Marco

 

 

 

Born in Busto Arsizio

(VA)

on 30/09/1966

- Fiscal Code : PRNMRC66P30B300V

 

 

 

Residence :

Piazza

Sei Febbraio

, 2

- 20145

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Director

24/11/2010

 

 

Managing Director

24/11/2010

 

 

 

 

No Protests registered

 

 

Prandoni

Alberto

 

 

 

Born in Busto Arsizio

(VA)

on 28/09/1968

- Fiscal Code : PRNLRT68P28B300E

 

 

 

Residence :

Via

San Giovanni Bosco

, 14

- 21013

Gallarate

(VA)

- IT -

 

Position

Since

Shares Amount

% Ownership

Director

24/11/2010

 

 

Managing Director

24/11/2010

 

 

 

 

No Protests registered

 

 

Fortunati

Angelo

 

 

 

Born in Arona

(NO)

on 21/12/1969

- Fiscal Code : FRTNGL69T21A429Z

 

 

 

Residence :

Vicolo

Degli Orti

, 1

- 21013

Gallarate

(VA)

- IT -

 

Position

Since

Shares Amount

% Ownership

Director

24/11/2010

 

 

Managing Director

24/11/2010

 

 

 

 

No Protests registered

 

 

Khan

Rafeeq Ahmed Iftekhan

 

 

 

Born in India

on 26/01/1962

- Fiscal Code : KHNRQH62A26Z222B

 

 

 

Residence :

Via

Milano

, 5

- 21052

Busto Arsizio

(VA)

- IT -

 

Position

Since

Shares Amount

% Ownership

Board Chairman

24/11/2010

 

 

 

 

No Protests registered

 

 

Khan

Shafeeq Ahmed

 

 

 

Born in India

on 01/04/1960

- Fiscal Code : KHNSFQ60D01Z222F

 

Position

Since

Shares Amount

% Ownership

Director

24/11/2010

 

 

 

 

No Protests registered

 

 

Khurana

Davindersingh Gursharan

 

 

 

Born in India

on 11/09/1958

- Fiscal Code : KHRDND58P11Z222B

 

Position

Since

Shares Amount

% Ownership

Director

24/11/2010

 

 

 

 

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.

 

 

PRANDONI

MARCO

 

Firm's Style

Seat

Fiscal Code

Position

Position Status

Firm's Status

DUE IMMOBILIARE S.S. DI PRANDONI MARCO E C.

Busto Arsizio (VA) - IT -

02244080129

Partner

Withdrawn

Ceased

EXEDO S.R.L.

- -

13255510151

Director

Withdrawn

Registered

ITALIAN STYLE COMPANY S.R.L. - IN LIQUIDAZIONE - IN CONCORDATO PREVENTIVO

Busto Arsizio (VA) - IT -

02721190128

Director

Withdrawn

Liquidated

ITALIAN STYLE COMPANY S.R.L. - IN LIQUIDAZIONE - IN CONCORDATO PREVENTIVO

Busto Arsizio (VA) - IT -

02721190128

Judicial liquidator

-

Liquidated

ITALIAN STYLE COMPANY S.R.L. - IN LIQUIDAZIONE - IN CONCORDATO PREVENTIVO

Busto Arsizio (VA) - IT -

02721190128

Liquidator

Active

Liquidated

ITALIAN STYLE COMPANY S.R.L. - IN LIQUIDAZIONE - IN CONCORDATO PREVENTIVO

Busto Arsizio (VA) - IT -

02721190128

Managing Director

Withdrawn

Liquidated

MAC SPINNER S.R.L.

Gallarate (VA) - IT -

12980300151

Director

Active

Registered

NEMESIS S.P.A.

Solbiate Arno (VA) - IT -

01692240128

Chairman

Withdrawn

Ceased

NEMESIS S.P.A.

Solbiate Arno (VA) - IT -

01692240128

Managing Director

Withdrawn

Ceased

ONE TRADE IMMOBILIARE S.S. DI BOAROLO RENATO E C.

Lendinara (RO) - IT -

90013190120

Partner

Withdrawn

Registered

OVERLAND IMMOBILIARE S.S. DI BOAROLO RENATO E C.

Lendinara (RO) - IT -

90013210126

Partner

Withdrawn

Registered

SUPER G TRAVELS SRL - IN LIQUIDAZIONE

Novara (NO) - IT -

01697530036

Technical Manager

Withdrawn

Registered

TEXIDEA S.A.S. DI PRANDONI ALDO E C.

- -

02245470121

Limited Partner

Withdrawn

Ceased

UKY YO S.R.L.

Gallarate (VA) - IT -

12911740152

Director

Active

Registered

 

 

PRANDONI

ALBERTO

 

Firm's Style

Seat

Fiscal Code

Position

Position Status

Firm's Status

ABE IMMOBILIARE S.S. DI NISOLLI CONCETTA E C.

Busto Arsizio (VA) - IT -

90013220125

Partner

Withdrawn

Ceased

CAMAL S.R.L.

Busto Arsizio (VA) - IT -

02919140125

Sole Director

Active

Registered

ITALIAN STYLE COMPANY S.R.L. - IN LIQUIDAZIONE - IN CONCORDATO PREVENTIVO

Busto Arsizio (VA) - IT -

02721190128

Director

Withdrawn

Liquidated

ITALIAN STYLE COMPANY S.R.L. - IN LIQUIDAZIONE - IN CONCORDATO PREVENTIVO

Busto Arsizio (VA) - IT -

02721190128

Managing Director

Withdrawn

Liquidated

MAC SPINNER S.R.L.

Gallarate (VA) - IT -

12980300151

Director

Active

Registered

MAC SPINNER S.R.L.

Gallarate (VA) - IT -

12980300151

Board Chairman

Active

Registered

NEMESIS S.P.A.

Solbiate Arno (VA) - IT -

01692240128

Managing Director

Withdrawn

Ceased

NEMESIS S.P.A.

Solbiate Arno (VA) - IT -

01692240128

Managing Director

Withdrawn

Ceased

ONE TRADE IMMOBILIARE S.S. DI BOAROLO RENATO E C.

Lendinara (RO) - IT -

90013190120

Partner

Withdrawn

Registered

OVERLAND IMMOBILIARE S.S. DI BOAROLO RENATO E C.

Lendinara (RO) - IT -

90013210126

Partner

Withdrawn

Registered

SWAN TEXTILES S.R.L.

Gallarate (VA) - IT -

11353520155

Managing Director

Withdrawn

Registered

TEXIDEA S.A.S. DI PRANDONI ALDO E C.

- -

02245470121

Limited Partner

Withdrawn

Ceased

UKY YO S.R.L.

Gallarate (VA) - IT -

12911740152

Director

Active

Registered

UKY YO S.R.L.

Gallarate (VA) - IT -

12911740152

Board Chairman

Active

Registered

 

 

FORTUNATI

ANGELO

 

Firm's Style

Seat

Fiscal Code

Position

Position Status

Firm's Status

ISCO S.R.L.

Busto Arsizio (VA) - IT -

03000560122

Director

Active

Registered

ISCO S.R.L.

Busto Arsizio (VA) - IT -

03000560122

Managing Director

Active

Registered

ITALIAN STYLE COMPANY S.R.L. - IN LIQUIDAZIONE - IN CONCORDATO PREVENTIVO

Busto Arsizio (VA) - IT -

02721190128

Director

Withdrawn

Liquidated

ITALIAN STYLE COMPANY S.R.L. - IN LIQUIDAZIONE - IN CONCORDATO PREVENTIVO

Busto Arsizio (VA) - IT -

02721190128

Managing Director

Withdrawn

Liquidated

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

Busto Finanziaria S.R.L. - In Liquidaz ione

Busto Arsizio - IT -

01518830128

47.500 .Eur

47,50

Fortunati Angelo

Gallarate - IT -

FRTNGL69T21A429Z

2.500 .Eur

2,50

Synergy Fabrics Private Limited

 

90040610124

50.000 .Eur

50,00

 

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

 

 

 

 

 

 

Via

Milano

, 5

- 21052

- Busto Arsizio

(VA)

- IT -

 

-

Branch

(office )

since 01/12/2010

 

 

 

 

 

Via

Marsala

, 29

- 21013

- Gallarate

(VA)

- IT -

 

 

 

 

Employees

: 8

 

 

 

 

 

 

Historical Information and/or Firm's Status

 

EX-MEMBERS / EX-POSITIONS:

 

 

Prandoni

Marco

 

 

 

Born in Busto Arsizio

on 30/09/1966

- Fiscal Code : PRNMRC66P30B300V

 

 

 

Residence :

Piazza

Sei Febbraio

, 2

- 20145

Milano

(MI)

- IT -

 

Ex-Postions

Sole Director

 

CEASINGS/INCORPORATIONS/MERGES:

 

 

The subj. took over by rent the activities of

 

 

 

Isco S.r.l.

 

 

 

Via

Milano

, 5

, 21052

, Busto Arsizio

(VA)

- IT -

 

 

 

Fiscal Code: 03000560122

 

 

 

Date

:

03/11/2010

 

Protests

 

Protests checking on the subject firm has given a negative result.

 

Legal Procedures

 

None reported, standing to the latest received edition of the Official Publications.

 

 

market / Territory Data

 

Population living in the province

:

843.250

Population living in the region

:

9.393.092

Number of families in the region

:

3.858.736

 

Monthly family expenses average in the region (in Eur.) :

 

 

- per food products

:

460

- per non food products

:

2.090

- per energy consume

:

114

 

Sector Data

 

The values are calculated on a base of 9.175 significant companies.

 

The companies cash their credits on an average of 121 dd.

The average duration of suppliers debts is about 142 dd.

The sector's profitability is on an average of 2,24%.

The labour cost affects the turnover in the measure of 8,02%.

Goods are held in stock in a range of 65 dd.

The difference between the sales volume and the resources used to realize it is about 1,37.

The employees costs represent the 8,14% of the production costs.

 

Statistical Detrimental Data

 

The area is statistically considered moderately risky.

In the region 50.886 protested subjects are found; in the province they count to 4.597.

The insolvency index for the region is 0,55, , while for the province it is 0,55.

Total Bankrupt companies in the province : 3.052.

Total Bankrupt companies in the region : 39.612.

 

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.54.63

UK Pound

1

Rs.83.67

Euro

1

Rs.71.02

 

INFORMATION DETAILS

 

Report Prepared by :

MNL

 

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.