|
Report Date : |
12.10.2013 |
IDENTIFICATION DETAILS
|
Name : |
EBANISTERIA MARELLI S.R.L. |
|
|
|
|
Registered Office : |
Via Lombardia 100, 22063 Cantu' Co |
|
|
|
|
Country : |
Italy |
|
|
|
|
Financials (as on) : |
2012 |
|
|
|
|
Date of Incorporation : |
Not Available |
|
|
|
|
Com. Reg. No.: |
CO109390 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
Manufacturer of furniture |
|
|
|
|
No. of Employees : |
19 |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Status : |
Moderate |
|
|
|
|
Payment Behaviour : |
Slow but Correct |
|
|
|
|
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 EBANISTERIA
MARELLI S.R.L.
Company Registration Number CO109390
Country IT
Activity Code 31
Activity Description Manufacture
of furniture
Company Status Active
Latest Turnover 2,057,549.00
(EUR)
Latest Shareholders Equity 939,922.00
(EUR)
Profit
- Before Tax 55,960.00
(EUR)
Activities
Activity Code 31
Activity Description Manufacture
of furniture
Basic Information
Company Name EBANISTERIA
MARELLI S.R.L.
Registered Company Name EBANISTERIA
MARELLI S.R.L.
Company Registration Number CO109390
Country IT
VAT Registration Number 00223720137
Date of Starting Operations Not Available
Legal Form LIMITED
LIABILITY COMPANY
Company Status Active
Principal Activity Code 31
Principal Activity Description Manufacture of furniture
Contact Address VIA
LOMBARDIA 100, 22063 CANTU' CO
Contact Telephone Number /031731062
Address VIA
LOMBARDIA 100, 22063 CANTU' CO
Telephone /031731062
Email Addresses EBANISTERIAMARELLI@LEGALMAIL.IT
Name ADRIANO
MARELLI
Address VIA
BORRONI 38, 22066 MARIANO COMENSE CO
Gender Male
Date of Birth 17/01/1936
Position CHAIRMAN
OF THE BOARD OF DIRECTORS
Date Appointed 18/04/2013
Name BRUNO
MARELLI
Address VIA
FERRERA 34, 22044 INVERIGO CO
Gender Male
Date of Birth 04/07/1941
Position MANAGING
BOARD-MEMBER
Date Appointed 18/04/2013
Name GIAN
LUCA MARELLI
Address VIA
MAZZINI 13, 22066 MARIANO COMENSE CO
Gender Male
Date of Birth 17/07/1964
Position BOARD-MEMBER
Date Appointed 18/04/2013
Name STEFANO
MARELLI
Address VIA FERRERA
34, 22044 INVERIGO CO
Gender Male
Date of Birth 18/07/1968
Position
BOARD-MEMBER
Date Appointed 18/04/2013
Issued Share capital 780,000.00
(EUR)
Name ADRIANO
MARELLI
Address VIA
BORRONI 38, 22066 CO
Name BRUNO
MARELLI
Address VIA
FERRERA 34, 22066 CO
Name ANGELA
POZZOLI
Address VIA
FERRERA 34, 22044 CO
Name ANGELA
STRADA
Address VIA
BORRONI 38, 22066 CO
Number of Employees 19
Financial Year 2012 2011
Number of Weeks 0 0
Currency EUR EUR
Balance Sheet
Financial Year 2012 2011
Number of Weeks 0 0
Currency EUR EUR
Consolidated Accounts
False False Land & Buildings 0.00 0.00
Plant & Machinery
0.00 0.00
Other Tangible Assets 922,051.00 948,603.00
Total Tangible Assets 922,051.00 948,603.00
Goodwill 0.00 0.00
Other Intangible Assets 0.00 0.00
Total Intangible Assets 0.00 0.00
Investments 0.00 0.00
Loans to Group 0.00 0.00
Other Loans 0.00 0.00
Miscellaneous Fixed Assets 0.00 0.00
Total Other Fixed Assets 0.00 0.00
Total Fixed Assets 922,051.00 948,603.00
Raw Materials 0.00 0.00
Work in Progress 0.00 0.00
Finished Goods 0.00 0.00
Other Inventories 556,524.00 700,441.00
Total Inventories 556,524.00 700,441.00
Trade Receivables 0.00 0.00
Group Receivables 0.00 0.00
Receivables Due after
1 year 1,811.00 1,811.00
Miscellaneous Receivables 708,201.00 727,812.00
Total Receivables 710,012.00 729,623.00
Cash 160,026.00 173,125.00
Other Current Assets 26,080.00 17,456.00
Total Current Assets 1,452,642.00 1,620,645.00
Total Assets 2,374,693.00 2,569,248.00
Trade Payables 0.00 0.00
Bank Liabilities 0.00 0.00
Other Loans/Finance
0.00 0.00
Group Payables 0.00 0.00
Miscellaneous Liabilities 979,403.00 1,146,971.00
Total Current Liabilities 979,403.00 1,146,971.00
Trade Payables due after
1 year 0.00 0.00
Bank Liabilities due after
1 year 0.00 0.00
Other Loans/Finance
due
after 1 year 0.00
0.00
Group Payables due after
1 year 0.00 0.00
Miscellaneous Liabilities
due after 1 year 455,368.00 399,188.00
|
Total Long Term Liabilities |
455,368.00 |
399,188.00 |
|
Total Liabilities |
1,434,771.00 |
1,546,159.00 |
|
Called Up Share Capital |
780,000.00 |
780,000.00 |
|
Share Premium |
0.00 |
0.00 |
|
Revenue Reserves |
-83,167.00 |
-55,917.00 |
|
Other Reserves |
243,089.00 |
299,006.00 |
|
Total Shareholders
Equity |
939,922.00 |
1,023,089.00 |
|
Other Financials |
|
|
|
Contingent Liabilities |
0 |
0 |
|
Working Capital |
471,428.00 |
471,863.00 |
|
Net Worth |
939,922.00 |
1,023,089.00 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.16 |
|
UK Pound |
1 |
Rs.97.77 |
|
Euro |
1 |
Rs.82.78 |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.