MIRA
INFORM REPORT
|
Report Date : |
06.11.2013 |
IDENTIFICATION DETAILS
|
Name : |
S. P. S.P.A. |
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Registered Office : |
Strada Statale 31 Bis, s.n. 13010 - Stroppiana (VC) |
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Country : |
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Financials (as on) : |
31.12.2011 |
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Date of Incorporation : |
20.03.2000 |
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Legal Form : |
Joint stock company |
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Line of Business : |
·
Processing of rice ·
Wholesale of grains and dried legumes |
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No. of Employees : |
from 26 to 35 |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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Payment Behaviour : |
Slow |
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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) |
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|
A2 |
A2 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
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Source
: CIA |
company name and address
S. P. S.P.A.
Strada Statale 31 Bis, s.n.
13010 - Stroppiana (VC) -IT-
Summary
|
Fiscal Code |
: |
01973630021 |
|
Legal Form |
: |
Joint stock company |
|
start of Activities |
: |
20/03/2000 |
|
Equity |
: |
Over 2.582.254 |
|
Turnover Range |
: |
50.000.000/75.000.000 |
|
Number of Employees |
: |
from 26 to 35 |
Activity
Processing of rice
Wholesale of grains and dried legumes
Legal Data
Legal Form : Joint stock company
|
Fiscal Code : 01973630021 |
|
Foreign Trade Reg. no. : VC013475 since
15/04/2002 |
|
Chamber of Commerce no. : 175597 of
Vercelli since 03/02/2000 |
|
Firms' Register : VC-2000-893 of Vercelli |
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V.A.T. Code : 01973630021 |
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Establishment date |
: 03/01/2000 |
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Start of Activities |
: 20/03/2000 |
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Legal duration |
: 31/12/2100 |
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Nominal Capital |
: 1.250.000 |
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Subscribed Capital |
: 1.250.000 |
|
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Paid up Capital |
: 1.250.000 |
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Members
|
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Tagliabue |
Maria Grazia |
|
|
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Born in Pezzana |
(VC) |
on 03/11/1945 |
- Fiscal Code : TGLMGR45S43G528P |
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|
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Residence: |
|
Adua |
, 43/B |
- 13010 |
Pezzana |
(VC) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Assistant board Chairman |
27/04/2001 |
|
|
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Managing Director |
27/04/2001 |
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No Prejudicial
events are reported |
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No Protests
registered |
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Pastore |
Mario |
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|
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Born in Vercelli |
(VC) |
on 13/03/1953 |
- Fiscal Code : PSTMRA53C13L750O |
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Residence: |
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Della Vittoria |
, 10 |
- 13032 |
Asigliano Vercellese |
(VC) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Board Chairman |
01/06/2009 |
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|
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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.
|
|
Tagliabue |
Maria Grazia |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
AZIENDE RIUNITE IMBALLAGGI FLESSIBILI -ARIFLEX
- S.P.A. O SEMPLICEMENTE ARIFLEX |
Alessandria - IT - |
00358150126 |
Attorney with
special power |
Active |
Registered |
|
Nuova Comsal S.p.a. In Liquidazione Coatta
Amministrativa |
Portoscuso (CA) - IT - |
02030300921 |
Managing
Director |
Withdrawn |
Ceased |
|
La Mia Pasta S.r.l. |
Stroppiana (VC) - IT - |
02899960047 |
Managing
Director |
Withdrawn |
Registered |
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La Mia Pasta S.r.l. |
Stroppiana (VC) - IT - |
02899960047 |
Director |
Withdrawn |
Registered |
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La Mia Pasta S.r.l. |
Stroppiana (VC) - IT - |
02899960047 |
Sole Director |
Withdrawn |
Registered |
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La Mia Pasta S.r.l. |
Stroppiana (VC) - IT - |
02899960047 |
Liquidator |
Active |
Registered |
|
La Mia Pasta S.r.l. |
Stroppiana (VC) - IT - |
02899960047 |
Board Chairman |
Withdrawn |
Registered |
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S.a.p. Di Scalafiotti Osvaldo E C. S.a.s. |
Moncalieri (TO) - IT - |
07202860016 |
Limited Partner |
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 |
|
Tagliabue Maria Grazia |
Pezzana - IT - |
TGLMGR45S43G528P |
281.250 .Eur |
22,50 |
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Pastore Mario |
Asigliano Vercellese - IT - |
PSTMRA53C13L750O |
325.000 .Eur |
26,00 |
|
Pastore Davide |
|
PSTDVD76S16L750G |
150.000 .Eur |
12,00 |
|
Pastore Fausto |
|
PSTFST78D14L750R |
150.000 .Eur |
12,00 |
|
Scalafiotti Patrizia |
|
SCLPRZ67S66L219D |
343.750 .Eur |
27,50 |
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 |
|
|
|
|
|
|
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Statale 31 Bis |
- 13010 |
- Stroppiana |
(VC) |
- IT - |
|
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Total Surface: 177 Sq.mt. |
|
- |
Branch |
(office) |
since 25/11/2009 |
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Della Vittoria |
, 10 |
- 13032 |
- Asigliano Vercellese |
(VC) |
- IT - |
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PHONE |
: 0161216364 |
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Employees |
: 26 |
|
Fittings and Equipment for a value of
7.230.000 |
Eur |
|
Stocks for a value of 5.390.000 |
Eur |
|
|
Historical Information and/or
Firm's Status
EX-MEMBERS /
EX-POSITIONS:
|
|
Scalafiotti |
Osvaldo |
|
|
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Born in Gassino Torinese |
(TO) |
on 05/09/1943 |
- Fiscal Code : SCLSLD43P05D933B |
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Residence: |
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Adua |
, 43/B |
- 13010 |
Pezzana |
(VC) |
- IT - |
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Ex-Postions |
|
Person in charge |
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 Data
|
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|
Complete balance-sheet for the year |
31/12/2011 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
50.316.426 |
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Profit (Loss) for the period |
19.401 |
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Complete balance-sheet for the year |
31/12/2010 |
(in Eur |
x 1) |
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Item Type |
Value |
|
Sales |
39.734.250 |
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Profit (Loss) for the period |
564.875 |
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Complete balance-sheet for the year |
31/12/2009 |
(in Eur |
x 1) |
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Item Type |
Value |
|
Sales |
48.956.454 |
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Profit (Loss) for the period |
2.605.306 |
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|
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Complete balance-sheet for the year |
31/12/2008 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
45.224.578 |
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Profit (Loss) for the period |
945.310 |
Balance Sheets
From our constant monitoring of the relevant
Public Administration offices, no more recent balance sheets result to have
been filed.
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- Balance Sheet
as at 31/12/2011 - 12 Mesi - Currency: - Amounts x 1 |
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- Balance Sheet as
at 31/12/2010 - 12 Mesi - Currency: - Amounts x 1 |
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- Balance Sheet
as at 31/12/2009 - 12 Mesi - Currency: - Amounts x 1 |
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RATIOS |
Value
Type |
as at 31/12/2011 |
as at 31/12/2010 |
as at 31/12/2009 |
Sector Average |
|
COMPOSITION ON
INVESTMENT |
|
|
|
|
|
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Rigidity Ratio |
Units |
0,41 |
0,38 |
0,31 |
0,33 |
|
Elasticity Ratio |
Units |
0,59 |
0,62 |
0,69 |
0,65 |
|
Availability of stock |
Units |
0,16 |
0,13 |
0,08 |
0,13 |
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Total Liquidity Ratio |
Units |
0,43 |
0,49 |
0,61 |
0,47 |
|
Quick Ratio |
Units |
0,03 |
0,08 |
0,07 |
0,01 |
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COMPOSITION ON
SOURCE |
|
|
|
|
|
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Net Short-term indebtedness |
Units |
3,76 |
3,15 |
4,75 |
2,40 |
|
Self Financing Ratio |
Units |
0,15 |
0,15 |
0,15 |
0,23 |
|
Capital protection Ratio |
Units |
0,75 |
0,65 |
0,15 |
0,64 |
|
Liabilities consolidation quotient |
Units |
0,44 |
0,53 |
0,06 |
0,31 |
|
Financing |
Units |
5,65 |
5,62 |
5,54 |
2,99 |
|
Permanent Indebtedness Ratio |
Units |
0,41 |
0,44 |
0,20 |
0,43 |
|
M/L term Debts Ratio |
Units |
0,26 |
0,29 |
0,05 |
0,12 |
|
Net Financial Indebtedness Ratio |
Units |
3,46 |
2,60 |
2,02 |
1,39 |
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CORRELATION |
|
|
|
|
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Fixed assets ratio |
Units |
1,01 |
1,16 |
0,65 |
1,26 |
|
Current ratio |
Units |
1,01 |
1,11 |
0,87 |
1,17 |
|
Acid Test Ratio-Liquidity Ratio |
Units |
0,74 |
0,88 |
0,77 |
0,94 |
|
Structure's primary quotient |
Units |
0,37 |
0,39 |
0,48 |
0,74 |
|
Treasury's primary quotient |
Units |
0,04 |
0,15 |
0,09 |
0,03 |
|
Rate of indebtedness ( Leverage ) |
% |
667,73 |
663,76 |
658,86 |
441,38 |
|
Current Capital ( net ) |
Value |
112.327 |
2.132.926 |
-3.157.707 |
741.359 |
|
RETURN |
|
|
|
|
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Return on Sales |
% |
2,83 |
3,63 |
6,02 |
2,22 |
|
Return on Equity - Net- ( R.O.E. ) |
% |
0,38 |
11,02 |
57,12 |
1,88 |
|
Return on Equity - Gross - ( R.O.E. ) |
% |
2,26 |
13,35 |
76,38 |
6,77 |
|
Return on Investment ( R.O.I. ) |
% |
1,76 |
3,27 |
13,41 |
3,89 |
|
Return/ Sales |
% |
1,21 |
2,80 |
8,23 |
2,91 |
|
Extra Management revenues/charges incid. |
% |
3,20 |
50,78 |
64,65 |
17,17 |
|
Cash Flow |
Value |
1.426.003 |
1.440.392 |
2.947.477 |
197.397 |
|
Operating Profit |
Value |
606.328 |
1.112.484 |
4.029.924 |
275.911 |
|
Gross Operating Margin |
Value |
2.012.930 |
1.988.001 |
4.443.993 |
489.421 |
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MANAGEMENT |
|
|
|
|
|
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Credits to clients average term |
Days |
77,43 |
102,11 |
105,69 |
94,23 |
|
Debts to suppliers average term |
Days |
74,26 |
112,92 |
109,20 |
54,97 |
|
Average stock waiting period |
Days |
38,56 |
40,52 |
16,77 |
31,54 |
|
Rate of capital employed return ( Turnover
) |
Units |
1,46 |
1,17 |
1,63 |
1,46 |
|
Rate of stock return |
Units |
9,34 |
8,88 |
21,47 |
11,40 |
|
Labour cost incidence |
% |
1,14 |
0,80 |
0,54 |
4,90 |
|
Net financial revenues/ charges incidence |
% |
-1,23 |
-1,04 |
-0,94 |
-1,76 |
|
Labour cost on purchasing expenses |
% |
1,13 |
0,80 |
0,58 |
5,09 |
|
Short-term financing charges |
% |
2,16 |
1,53 |
1,86 |
3,82 |
|
Capital on hand |
% |
68,28 |
85,63 |
61,38 |
68,73 |
|
Sales pro employee |
Value |
3.246.221 |
3.993.391 |
6.993.779 |
750.576 |
|
Labour cost pro employee |
Value |
37.160 |
31.852 |
37.892 |
34.578 |
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 221
significant companies.
The companies cash their credits on an
average of 94 dd.
The average duration of suppliers debts is
about 55 dd.
The sector's profitability is on an average
of 2,22%.
The labour cost affects the turnover in the
measure of 4,90%.
Goods are held in stock in a range of 32 dd.
The difference between the sales volume and
the resources used to realize it is about 1,46.
The employees costs represent the 5,09% 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 27.019 protested subjects are
found; in the province they count to 847.
The insolvency index for the region is 0,63,
, while for the province it is 0,48.
Total Bankrupt companies in the province :
573.
Total Bankrupt companies in the region :
14.165.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.79 |
|
|
1 |
Rs.98.66 |
|
Euro |
1 |
Rs.83.42 |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.