MIRA
INFORM REPORT
|
Report Date : |
07.08.2014 |
IDENTIFICATION DETAILS
|
Name : |
MANTAFIL S.P.A. |
|
|
|
|
Registered Office : |
Galleria De Cristoforis, 3 20122 - Milano (MI) |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2012 |
|
|
|
|
Date of Incorporation : |
21.04.1980 |
|
|
|
|
Legal Form : |
Joint stock company |
|
|
|
|
Line of Business : |
·
Manufacture of Textiles ·
Preparation and spinning of textile fibres |
|
|
|
|
No. of Employees |
from 16 to 25 |
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 1, 2014
|
Country Name |
Previous Rating (31.03.2014) |
Current Rating (01.06.2014) |
|
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 higher. 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 133%
of GDP in 2013, but investor concerns about Italy and the broader euro-zone
crisis eased in 2013, bringing down Italy's borrowing costs on sovereign
government debt from euro-era. The government still faces pressure from
investors and European partners to sustain its efforts to address Italy's
long-standing structural impediments to growth, such as labor market
inefficiencies and widespread tax evasion. In 2013 economic growth and labor
market conditions deteriorated, with growth at -1.8% and unemployment rising to
12.4%, with youth unemployment around 40%. Italy's GDP is now 8% below its 2007
pre-crisis level.
|
Source
: CIA |
Company name and address
MANTAFIL S.P.A.
Galleria De Cristoforis, 3
20122 - Milano (MI) -IT-
Summary
|
Fiscal Code |
: |
05831970156 |
|
Legal Form |
: |
Joint stock company |
|
start of Activities |
: |
21/04/1980 |
|
Equity |
: |
Over 2.582.254 |
|
Turnover Range |
: |
75.000.000/100.000.000 |
|
Number of Employees |
: |
from 16 to 25 |
|
|
|
n.b.: The Creditworthness Rate shows, in percentage, the ratio between
the suggested credit opinion and the credit amount that the firm could get if
the financial situation would be completely positive. |
Activity
Manufacture of Textiles
Preparation and spinning of textile fibres
Legal Data
Legal Form : Joint stock company
|
Fiscal Code : 05831970156 |
|
Foreign Trade Reg. no. : MI085072 since 07/01/1992 |
|
Foreign Trade Reg. no. : 085072 of Milano since 07/01/1992 |
|
Chamber of Commerce no. : 185315 of Bergamo since 19/08/1980 |
|
Chamber of Commerce no. : 1040000 of Milano since 16/05/1980 |
|
Firms' Register : MI146-194627 of Milano since 19/02/1996 |
|
V.A.T. Code : 05831970156 |
|
Tribunal Co. Register : 194627 of |
|
Foundation date |
: 21/04/1980 |
|
|
Establishment date |
: 21/04/1980 |
|
|
Start of Activities |
: 21/04/1980 |
|
|
Legal duration |
: 31/12/2050 |
|
|
Nominal Capital |
: 5.160.000 |
|
|
Subscribed Capital |
: 5.160.000 |
|
|
Paid up Capital |
: 5.160.000 |
|
Members
|
|
Bersini |
Andrea |
|
|
|
Born in Palazzolo sull'Oglio |
(BS) |
on 19/11/1949 |
- Fiscal Code : BRSNDR49S19G264O |
|
|
|
Residence: |
|
Papa Giovanni Xxiii |
, 33 |
- 24060 |
Credaro |
(BG) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Board Chairman |
14/06/2012 |
|
|
|
Director |
14/06/2012 |
|
|
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
L'alba - S.p.a. |
|
|
|
|
|
|
Residence: |
|
De Cristoforis |
, 3 |
- 20122 |
Milano |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Partner |
|
|
|
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Bezzi |
Giuseppe |
|
|
|
Born in Sarnico |
(BG) |
on 19/09/1964 |
- Fiscal Code : BZZGPP64P19I437X |
|
|
|
Residence: |
|
Brescia, |
, 9 |
- 24064 |
Grumello del Monte |
(BG) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
14/06/2012 |
|
|
|
|
Bezzi |
Maria Chiara |
|
|
|
Born |
on 22/09/1953 |
- Fiscal Code : BZZMCH53P62D697Q |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Partner |
|
|
|
|
|
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.
|
|
Bersini |
Andrea |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
T.e.s.t.a. Tessitura E Stampa Tessuti EAbbigliamento S.p.a. |
Romentino (NO) - IT - |
00111050035 |
Director |
Active |
Registered |
|
L'alba - S.p.a. |
Milano (MI) - IT - |
13161010155 |
Sole Director |
Active |
Registered |
|
MANIFATTURA ARTIGIANA DI BEZZI GIUSEPPEE BERSINI ANDREA S.N.C. |
Milano (BG) - IT - |
00267600161 |
Partner |
Withdrawn |
Registered |
|
Pant-fil S.n.c. Di Andrea Bersini E C. |
Credaro (BG) - IT - |
00853200160 |
Partner |
Withdrawn |
Ceased |
|
BERSINI ANDREA |
CREDARO (BS) - IT - |
BRSNDR49S19G264O |
Proprietor |
Withdrawn |
Registered |
|
FILATURA DI SAN GIUSTO SOC. A R.L. IN LIQUIDAZIONE |
Romentino (TS) - IT - |
00137040325 |
Liquidator |
Withdrawn |
Registered |
|
Immobiliare Alba - S.r.l. |
Milano (MI) - IT - |
04604290967 |
Sole Director |
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 |
|
L'alba - S.p.a. |
Milano - IT - |
13161010155 |
2.579.896 .Eur |
49,99 |
|
Bezzi Maria Chiara |
|
BZZMCH53P62D697Q |
1.681.298 .Eur |
32,58 |
|
Bersini Vera |
|
BRSVRE79B53L388P |
898.804 .Eur |
17,41 |
Direct Participations
The Company under review has participations in the following Companies:
|
Firm's Style |
Seat |
Fiscal Code |
Owned Shares
Amount |
% Ownership |
since |
until |
Share Status |
|
T.e.s.t.a. Tessitura E Stampa Tessuti E Abbigliamento S.p.a. |
Romentino - IT - |
00111050035 |
637.000 .Eur |
24,50 |
|
|
Active |
Firm's location and structure
In order to carry out its activities the firm uses the following
locations:
|
- |
Legal and operative seat |
|
|
|
|
|
|
|
De Cristoforis |
, 3 |
- 20100 |
- Milano |
(MI) |
- IT - |
|
|
|
|
PHONE |
: 035848748 |
|
- |
Branch |
|
since 12/06/2003 |
|
|
|
|
|
|
San Domenico |
, 6 |
- 20025 |
- Legnano |
(MI) |
- IT - |
|
- |
Branch |
(Factory) |
since 01/06/2011 |
|
|
|
|
|
|
Marconi |
, 31 |
- 24050 |
- Mornico Al Serio |
(BG) |
- IT - |
|
|
|
|
PHONE |
: 035847431 |
|
|
|
|
PHONE |
: 035848748 |
|
- |
Branch |
(Warehouse) |
since 19/11/2012 |
|
|
|
|
|
|
Don Alessandro Ravizza |
, 20 |
- 24060 |
- Castelli Calepio |
(BG) |
- IT - |
|
|
|
|
Employees |
: 17 |
|
Fittings and Equipment for a value of 88.000 |
Eur |
|
Stocks for a value of 17.110.000 |
Eur |
|
Vehicles for a value of 150.000 |
Eur |
|
|
The firm operates abroad as importer..
Import represents the 40 % of the total purchases.
To purchase foreign products the firm uses the following channels :
|
- distributors |
Import comes generally from the following nations:
|
- Gabon |
Historical Information and/or Firm's Status
EX-MEMBERS / EX-POSITIONS:
|
|
Bersini |
Andrea |
|
|
|
Born in Palazzolo sull'Oglio |
(BS) |
on 19/11/1949 |
- Fiscal Code : BRSNDR49S19G264O |
|
|
|
Residence: |
|
Papa Giovanni Xxiii |
, 33 |
- 24060 |
Credaro |
(BG) |
- IT - |
|
Ex-Postions |
|
Chairman |
|
Director |
|
|
Modina |
Pierluigi |
|
|
|
Born in Castelli Calepio |
(BG) |
on 09/09/1944 |
- Fiscal Code : MDNPLG44P09C079E |
|
|
|
Residence: |
|
Piave |
, 15 |
- 24060 |
Castelli Calepio |
(BG) |
- IT - |
|
Ex-Postions |
|
Managing Director |
|
|
Moggio |
Franco |
|
|
|
Born in Gallarate |
(VA) |
on 01/07/1923 |
- Fiscal Code : MGGFNC23L01D869X |
|
|
|
Residence: |
|
Palestro |
, 17 |
- 21013 |
Gallarate |
(VA) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
|
Marnati |
Gian Mario |
|
|
|
Born in Legnano |
(MI) |
on 18/12/1963 |
- Fiscal Code : MRNGMR63T18E514T |
|
|
|
Residence: |
|
San Domenico, |
, 6 |
- 20025 |
Legnano |
(MI) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
|
Bizioli |
Luciano |
|
|
|
Born in ADRARA SAN MARTINO |
(BG) |
on 13/07/1940 |
- Fiscal Code : BZLLCN40L13A057J |
|
|
|
Residence: |
|
PAPA GIOVANNI XXIII |
, 0014 |
- 24060 |
Adrara San Martino |
(BG) |
- IT - |
|
Ex-Postions |
|
Permanent Auditor |
|
Chairman of the Board of Aud. |
|
|
Banfi |
Felice |
|
|
|
Born in ROVELLO PORRO |
(CO) |
on 18/10/1933 |
- Fiscal Code : BNFFLC33R18H602Y |
|
|
|
Residence: |
|
PAGANI |
, 14 |
- 21047 |
Saronno |
(VA) |
- IT - |
|
Ex-Postions |
|
Chairman of the Board of Aud. |
|
|
BERSINI |
ANDREA |
|
|
|
Born in PALAZZOLO SULL'OGLIO |
(BS) |
on 19/11/1949 |
- Fiscal Code : BRSNDR49S19G264O |
|
|
|
Residence: |
|
PAPA GIOVANNI XXIII |
, 0023 |
CREDARO |
(BG) |
- IT - |
|
Ex-Postions |
|
Board Chairman |
|
Director |
|
|
Prandina |
Lorenzo |
|
|
|
Born in Milano |
(MI) |
on 12/11/1961 |
- Fiscal Code : PRNLNZ61S12F205X |
|
|
|
Residence: |
|
Piero Bottoni |
, 1 |
- 20123 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
|
BEZZI |
GIOVANNI |
|
|
|
Born in FORESTO SPARSO |
(BG) |
on 10/06/1926 |
- Fiscal Code : BZZGNN26H10D697F |
|
|
|
Residence: |
|
BRESCIA |
, 9 |
- 24064 |
Grumello del Monte |
(BG) |
- IT - |
|
Ex-Postions |
|
Director |
|
|
Mason |
Carlo Luigi |
|
|
|
Born in Tradate |
(VA) |
on 03/02/1971 |
- Fiscal Code : MSNCLL71B03L319I |
|
|
|
Residence: |
|
Carlo Carcaneo |
, 27 |
- 21100 |
Varese |
(VA) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
|
Munafo' |
Giuseppe |
|
|
|
Born in Milano |
(MI) |
on 31/07/1963 |
- Fiscal Code : MNFGPP63L31F205M |
|
|
|
Residence: |
|
Boccherini Luigi |
, 26 |
- 20131 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
|
Bezzi |
Maria Chiara |
|
on 22/09/1953 |
- Fiscal Code : BZZMCH53P62D697Q |
|
Ex-Postions |
|
Partner |
|
|
L'alba - S.p.a. |
|
|
- Fiscal Code : 13161010155 |
|
Ex-Postions |
|
Partner |
CEASINGS/INCORPORATIONS/MERGES:
|
|
Splitting-up project and setting-up of new co |
|
|
|
Date |
Merging/Splitting-up Project-New Company: |
14/02/2004 |
|
|
Splitting-up and setting-up of a new company |
|
|
|
|
|
|
|
|
De Cristoforis |
, 3 |
, 20122 |
, Milano |
(MI) |
- IT - |
|
|
|
Fiscal Code: 04604290967 |
|
|
|
Date |
Splitting-up: |
16/11/2004 |
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.
Bankers
The firm operates with:
|
Bank Name |
Agency Name |
Address |
ZIP Code |
City |
ABI Code |
CAB Code |
|
SANPAOLO IMI S.P.A. FUS. INTESA SAN PAO |
|
|
|
|
1025 |
0 |
Financial and Economical Analysis
Subject is active since 1980
The eonomic-financial analysis is based on the latest 3 b/s.
Under an economic point of view, profits were registered during the last
years with a r.o.e. of 1,11% in 2012
The return on Investment in the last financial year was positive (4,37%)
and in line with the sector's average.
The amount of the operating result is equal to Eur. 2.180.450 ,showing
stability in respect to the value of 2011.
The G.O.M. amounted to Eur. 2.655.621 on the same levels as the previous
financial year.
The financial position is not well balanced as the volume of debts is fairly
remarkable if compared to shareholder's equity, in fact total debts are 5,41
but on the decrease if compared to the year before.
With regard to equity capital, an amount of Eur. 7.688.968 is
registered. on stable levels.
Total indebtedness was equal to Eur. 41.906.310 (Eur. 207 was the value
of m/l term debts) , a more or less stable value.
Bank borrowings' volume is slightly high but the recourse to suppliers'
credit is modest below field's average.
The management determines a good range of liquidity.
Accounts receivable average term is high (124,7 days). but on the same
levels as the average of the sector.
As far as the cash flow is concerned during the latest financial year it
amounted to Eur. 560.625
In the last financial year labour cost was of Eur. 835.118, with a 1,01%
incidence on total costs of production. , whereas the incidence on sales
revenues is of 0,98%.
High incidence of financial charges on turnover.
Financial Data
|
|
|
Complete balance-sheet for the year |
al 31/12/2012 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
84.987.089 |
|
Profit (Loss) for the period |
85.454 |
|
|
|
Complete balance-sheet for the year |
al 31/12/2011 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
98.190.793 |
|
Profit (Loss) for the period |
232.588 |
|
|
|
Complete balance-sheet for the year |
al 31/12/2010 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
106.151.204 |
|
Profit (Loss) for the period |
2.106.698 |
|
|
|
Complete balance-sheet for the year |
al 31/12/2009 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
55.000.016 |
|
Profit (Loss) for the period |
297.134 |
|
|
|
Complete balance-sheet for the year |
al 31/12/2008 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
63.840.623 |
|
Profit (Loss) for the period |
104.363 |
Balance Sheets
From our constant monitoring of the relevant Public Administration
offices, no more recent balance sheets result to have been filed.
|
- Balance Sheet as at 31/12/2012 - 12 Mesi - Currency: - Amounts x 1 |
|
- 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 |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
RATIOS |
Value Type |
as at 31/12/2012 |
as at 31/12/2011 |
as at 31/12/2010 |
Sector Average |
|
COMPOSITION ON INVESTMENT |
|
|
|
|
|
|
Rigidity Ratio |
Units |
0,02 |
0,02 |
0,03 |
0,29 |
|
Elasticity Ratio |
Units |
0,98 |
0,98 |
0,97 |
0,70 |
|
Availability of stock |
Units |
0,34 |
0,39 |
0,11 |
0,26 |
|
Total Liquidity Ratio |
Units |
0,63 |
0,58 |
0,87 |
0,39 |
|
Quick Ratio |
Units |
0,01 |
0,01 |
0,00 |
0,01 |
|
COMPOSITION ON SOURCE |
|
|
|
|
|
|
Net Short-term indebtedness |
Units |
5,41 |
5,72 |
5,98 |
1,69 |
|
Self Financing Ratio |
Units |
0,15 |
0,14 |
0,14 |
0,29 |
|
Capital protection Ratio |
Units |
0,32 |
0,29 |
0,61 |
0,71 |
|
Liabilities consolidation quotient |
Units |
0,01 |
0,01 |
0,02 |
0,26 |
|
Financing |
Units |
5,45 |
5,84 |
6,07 |
2,12 |
|
Permanent Indebtedness Ratio |
Units |
0,16 |
0,15 |
0,16 |
0,45 |
|
M/L term Debts Ratio |
Units |
0,00 |
0,01 |
0,02 |
0,13 |
|
Net Financial Indebtedness Ratio |
Units |
3,72 |
3,99 |
4,05 |
0,96 |
|
CORRELATION |
|
|
|
|
|
|
Fixed assets ratio |
Units |
7,01 |
6,55 |
5,61 |
1,38 |
|
Current ratio |
Units |
1,16 |
1,16 |
1,15 |
1,25 |
|
Acid Test Ratio-Liquidity Ratio |
Units |
0,75 |
0,70 |
1,03 |
0,75 |
|
Structure's primary quotient |
Units |
6,79 |
6,14 |
5,05 |
0,90 |
|
Treasury's primary quotient |
Units |
0,01 |
0,01 |
0,00 |
0,03 |
|
Rate of indebtedness ( Leverage ) |
% |
648,77 |
690,33 |
710,37 |
339,62 |
|
Current Capital ( net ) |
Value |
6.836.998 |
7.088.235 |
6.718.074 |
1.615.606 |
|
RETURN |
|
|
|
|
|
|
Return on Sales |
% |
0,66 |
0,71 |
2,52 |
1,74 |
|
Return on Equity - Net- ( R.O.E. ) |
% |
1,11 |
3,06 |
28,58 |
0,25 |
|
Return on Equity - Gross - ( R.O.E. ) |
% |
3,51 |
7,18 |
44,75 |
2,94 |
|
Return on Investment ( R.O.I. ) |
% |
4,37 |
5,16 |
7,19 |
2,31 |
|
Return/ Sales |
% |
2,57 |
2,76 |
3,55 |
2,50 |
|
Extra Management revenues/charges incid. |
% |
3,92 |
8,58 |
55,95 |
8,02 |
|
Cash Flow |
Value |
560.625 |
699.650 |
2.674.541 |
210.372 |
|
Operating Profit |
Value |
2.180.450 |
2.710.744 |
3.765.539 |
359.192 |
|
Gross Operating Margin |
Value |
2.655.621 |
3.177.806 |
4.333.382 |
692.382 |
|
MANAGEMENT |
|
|
|
|
|
|
Credits to clients average term |
Days |
124,70 |
101,04 |
148,74 |
111,18 |
|
Debts to suppliers average term |
Days |
54,54 |
41,66 |
48,63 |
104,44 |
|
Average stock waiting period |
Days |
72,46 |
75,25 |
18,94 |
86,89 |
|
Rate of capital employed return ( Turnover ) |
Units |
1,70 |
1,87 |
2,03 |
1,04 |
|
Rate of stock return |
Units |
4,97 |
4,78 |
19,01 |
4,12 |
|
Labour cost incidence |
% |
0,98 |
0,76 |
0,71 |
15,12 |
|
Net financial revenues/ charges incidence |
% |
-2,28 |
-1,96 |
-0,42 |
-2,07 |
|
Labour cost on purchasing expenses |
% |
1,01 |
0,78 |
0,74 |
14,82 |
|
Short-term financing charges |
% |
5,16 |
5,07 |
1,55 |
3,48 |
|
Capital on hand |
% |
58,70 |
53,46 |
49,33 |
95,83 |
|
Sales pro employee |
Value |
4.856.405 |
5.775.929 |
6.375.447 |
237.592 |
|
Labour cost pro employee |
Value |
47.721 |
43.993 |
45.466 |
33.432 |
Remarks
1) Protests checking (relative to the last five years) performed by
crossing and matching the members names and the Firm's Style with the reported
addresses, is supplied by the Informatic Registry managed by the Italian
Chamber of Commerce. If the fiscal code is not indicated, the eventual
homonymous cases are submitted to expert staff evaluation in order to limit
wrong matching risks.
2) The Legal Data, supplied and retrived from the Firm's Registry of the
Italian Chamber of Commerce, are in line with the last registered
modifications.
3) Risk evaluation and Credit Opinion have been performed on the base of
the actual data at the moment of their availability.
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 |
: |
|
Statistical Detrimental Data
Statistically the trade activity passes through serious crises.
The area is statistically considered lowly risky.
In the region 50.886 protested subjects are found; in the province they count
to 24.765.
The insolvency index for the region is 0,55, , while for the province it
is 0,66.
Total Bankrupt companies in the province : 22.523.
Total Bankrupt companies in the region : 39.612.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.34 |
|
UK Pound |
1 |
Rs.103.44 |
|
Euro |
1 |
Rs.81.96 |
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
|
|
|
|
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.