MIRA INFORM REPORT

 

 

Report Date :

28.08.2014

 

IDENTIFICATION DETAILS

 

Name :

TESMEC SPA

 

 

Registered Office :

Piazza Sant'ambrogio,    16  20123 – Milano (MI) 

 

 

Country :

Italy

 

 

Financials (as on) :

31.12.2013

 

 

Date of Incorporation :

07.01.1991

 

 

Legal Form :

Joint Stock Company

 

 

Line of Business :

·         General mechanics

·         Manufacture of industrial robots for multiple usage (including spare parts and accessories)

 

 

No. of Employees

From 251 to 500

 

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

 

TESMEC SPA

 

 

Piazza                       Sant'ambrogio,      16

 

20123 - Milano  (MI) -IT-

 

 

Summary

 

Fiscal Code

:

10227100152

Legal Form

:

Joint stock company

start of Activities

:

07/01/1991

Equity

:

Over 2.582.254

Turnover Range

:

75.000.000/100.000.000

Number of Employees

:

from 251 to 500

 

 

Activity

 

General mechanics

Manufacture of industrial robots for multiple usage (including spare

parts and accessories)

 

 

Legal Data

 

Legal Form : Joint stock company

Fiscal Code : 10227100152

 

Foreign Trade Reg. no. : MI086948 since 07/01/1992

 

Chamber of Commerce no. : 260782 of Bergamo

 

Chamber of Commerce no. : 306860 of Lecco

 

Chamber of Commerce no. : 1360673 of Milano since 27/03/1991

 

Firms' Register : MI146-314026 of Milano since 19/02/1996

 

V.A.T. Code : 10227100152

 

Foundation date

: 07/01/1991

Establishment date

: 07/01/1991

Start of Activities

: 07/01/1991

Legal duration

: 31/12/2100

Nominal Capital

: 10.708.400

 

Subscribed Capital

: 10.708.400

 

Paid up Capital

: 10.708.400

 

 

Members

 

Bramani

Andrea Armando

 

 

Born in Milano

(MI)

on 25/04/1962

- Fiscal Code : BRMNRR62D25F205F

 

 

Residence:

 

Sant'ambrogio

, 16

- 20123

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

03/03/2009

 

 

Attorney with special power

12/10/2011

 

 

 

No Prejudicial events are reported

 

No Protests registered

 

Canali

Francesca

 

 

Born in Civate

(CO)

on 11/09/1936

- Fiscal Code : CNLFNC36P51C752V

 

 

Residence:

 

Montegrappa

, 11

- 23848

Oggiono

(LC)

- IT -

 

Position

Since

Shares Amount

% Ownership

Attorney with special power

11/02/2008

 

 

 

No Prejudicial events are reported

 

No Protests registered

 

Brignoli

Alfredo

 

 

Born in Ponteranica

(BG)

on 10/12/1920

- Fiscal Code : BRGLRD20T10G853I

 

 

Residence:

 

Bonomini

, 26

- 24100

Bergamo

(BG)

- IT -

 

Position

Since

Shares Amount

% Ownership

Director

30/04/2013

 

 

Assistant board Chairman

30/04/2013

 

 

 

No Prejudicial events are reported

 

No Protests registered

 

Lazzati

Marco

 

 

Born in Varese

(VA)

on 04/05/1942

- Fiscal Code : LZZMRC42E04L682M

 

 

Residence:

 

M.g. Agnesi

, 7

- 21100

Varese

(VA)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

05/04/2000

 

 

Responsible

05/04/2000

 

 

 

No Prejudicial events are reported

 

No Protests registered

 

Marseglia

Leonardo Giuseppe

 

 

Born in Ostuni

(BR)

on 18/03/1946

- Fiscal Code : MRSLRD46C18G187K

 

 

Residence:

 

Mazzini Giuseppe

, 95

- 72017

Ostuni

(BR)

- IT -

 

Position

Since

Shares Amount

% Ownership

Director

30/04/2013

 

 

 

Caccia Dominioni

Ambrogio

 

 

Born in Morbegno

(SO)

on 27/08/1946

- Fiscal Code : CCCMRG46M27F712O

 

 

Residence:

 

Privata Caccia Dominioni

, 10

- 23017

Morbegno

(SO)

- IT -

 

Position

Since

Shares Amount

% Ownership

Director

30/04/2013

 

 

Board Chairman

30/04/2013

 

 

Managing Director

30/04/2013

 

 

 

No Prejudicial events are reported

 

No Protests registered

 

Bolelli

Gianluca

 

 

Born in Castel Maggiore

(BO)

on 18/09/1959

- Fiscal Code : BLLGLC59P18C204K

 

 

Residence:

 

Papa Giovanni Xxiii

, 36

- 20851

Lissone

(MB)

- IT -

 

Position

Since

Shares Amount

% Ownership

Director

30/04/2013

 

 

Assistant board Chairman

30/04/2013

 

 

 

No Prejudicial events are reported

 

No Protests registered

 

Arnoldi

Sergio

 

 

Born in Bergamo

(BG)

on 06/02/1947

- Fiscal Code : RNLSRG47B06A794T

 

 

Residence:

 

S. Alessandro

, 156

- 24100

Bergamo

(BG)

- IT -

 

Position

Since

Shares Amount

% Ownership

Director

30/04/2013

 

 

 

Mosconi

Paolo Luigi

 

 

Born in Bergamo

(BG)

on 07/08/1959

- Fiscal Code : MSCPLG59M07A794C

 

 

Residence:

 

Rotonda Dei Mille

, 1

- 24122

Bergamo

(BG)

- IT -

 

Position

Since

Shares Amount

% Ownership

Attorney with special power

14/09/2007

 

 

General Director

23/02/2010

 

 

 

No Prejudicial events are reported

 

No Protests registered

 

Milli

Mauro

 

 

Born in Como

(CO)

on 13/11/1970

- Fiscal Code : MLLMRA70S13C933T

 

 

Residence:

 

Santa Cecilia

, 3

- 22100

Como

(CO)

- IT -

 

Position

Since

Shares Amount

% Ownership

Attorney with special power

14/09/2007

 

 

 

No Prejudicial events are reported

 

No Protests registered

 

Perico

Diego

 

 

Born in Alzano Lombardo

(BG)

on 25/02/1972

- Fiscal Code : PRCDGI72B25A246F

 

 

Residence:

 

Fermi

, 12/D

- 24020

Ranica

(BG)

- IT -

 

Position

Since

Shares Amount

% Ownership

Attorney with special power

14/09/2007

 

 

 

No Prejudicial events are reported

 

No Protests registered

 

Monzani

Fabio

 

 

Born in Bergamo

(BG)

on 24/05/1971

- Fiscal Code : MNZFBA71E24A794C

 

 

Residence:

 

Strada Vecchia

, 15

- 24129

Bergamo

(BG)

- IT -

 

Position

Since

Shares Amount

% Ownership

Attorney with special power

14/09/2007

 

 

 

No Prejudicial events are reported

 

No Protests registered

 

Cimmino

Gianluca

 

 

Born in Fondi

(LT)

on 21/07/1972

- Fiscal Code : CMMGLC72L21D662X

 

 

Residence:

 

Pertini

, 18/I

- 24035

Curno

(BG)

- IT -

 

Position

Since

Shares Amount

% Ownership

Attorney with special power

14/09/2007

 

 

 

No Prejudicial events are reported

 

No Protests registered

 

Pepitoni

Vera

 

 

Born in Mosca

( )

on 21/11/1966

- Fiscal Code : PPTVRE66S61Z135P

 

 

Residence:

 

San Rocco

, 10

- 20066

Melzo

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Attorney with special power

14/09/2007

 

 

 

No Prejudicial events are reported

 

No Protests registered

 

Melli

Marco Luigi

 

 

Born in Erba

(CO)

on 25/06/1946

- Fiscal Code : MLLMCL46H25D416G

 

 

Residence:

 

Petrarca Francesco

, 5

- 20123

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Attorney with special power

11/02/2008

 

 

 

No Prejudicial events are reported

 

No Protests registered

 

Caccia Dominioni

Caterina

 

 

Born in Morbegno

(SO)

on 18/08/1979

- Fiscal Code : CCCCRN79M58F712B

 

 

Residence:

 

Crocefisso

, 1

- 20122

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Director

30/04/2013

 

 

 

Corbetta

Guido Giuseppe Maria

 

 

Born in Milano

(MI)

on 04/05/1959

- Fiscal Code : CRBGGS59E04F205U

 

 

Residence:

 

Morosini Emilio

, 36

- 20135

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Director

30/04/2013

 

 

 

Attanzio

Gioacchino

 

 

Born in Madrid

( )

on 09/11/1943

- Fiscal Code : TTNGCH43S09Z131O

 

 

Residence:

 

Delle Sedie Volanti

, 55

- 90100

Palermo

(PA)

- IT -

 

Position

Since

Shares Amount

% Ownership

Director

30/04/2013

 

 

 

Malvestiti

Giovanni

 

 

Born in Lecco

(CO)

on 11/12/1960

- Fiscal Code : MLVGNN60T11E507M

 

 

Residence:

 

Martiri Della Liberazione

, 4

- 23900

Lecco

(LC)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

21/12/2010

 

 

 

No Prejudicial events are reported

 

No Protests registered

 

Carrara

Raffaele

 

 

Born in Ponte San Pietro

(BG)

on 08/08/1968

- Fiscal Code : CRRRFL68M08G856U

 

 

Residence:

 

Papa Giovanni

, 6

- 24030

Terno d'Isola

(BG)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

21/12/2010

 

 

 

No Prejudicial events are reported

 

No Protests registered

 

Nembrini

Adelio

 

 

Born in Trescore Balneario

(BG)

on 19/10/1961

- Fiscal Code : NMBDLA61R19L388A

 

 

Residence:

 

Dei Partigiani

, 42

- 24060

Endine Gaiano

(BG)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

21/12/2010

 

 

 

No Prejudicial events are reported

 

No Protests registered

 

Turani

Angela

 

 

Born in Bergamo

(BG)

on 05/10/1965

- Fiscal Code : TRNNGL65R45A794O

 

 

Residence:

 

Guglielmo Marconi

, 6

- 24030

Brembate di Sopra

(BG)

- IT -

 

Position

Since

Shares Amount

% Ownership

Attorney with special power

12/10/2011

 

 

 

No Prejudicial events are reported

 

No Protests registered

 

Villa

Flavio

 

 

Born in Forlimpopoli

(FO)

on 22/06/1970

- Fiscal Code : VLLFLV70H22D705Z

 

 

Residence:

 

Padova

, 13

- 24040

Calvenzano

(BG)

- IT -

 

Position

Since

Shares Amount

% Ownership

Attorney with special power

28/12/2012

 

 

 

No Prejudicial events are reported

 

No Protests registered

 

Marinov

Damian

 

 

Born in Ruse

( )

on 03/10/1972

- Fiscal Code : MRNDMN72R03Z104B

 

 

Residence:

 

Lunga

, 101/U

- 24021

Albino

(BG)

- IT -

 

Position

Since

Shares Amount

% Ownership

Attorney with special power

31/01/2013

 

 

 

No Prejudicial events are reported

 

No Protests registered

 

Caccia Dominioni

Lucia

 

 

Born in Milano

(MI)

on 23/02/1977

- Fiscal Code : CCCLCU77B63F205E

 

 

Residence:

 

Vigevano

, 45

- 20144

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Director

30/04/2013

 

 

 

Ttc Srl

 

 

 

 

Position

Since

Shares Amount

% Ownership

Partner

 

 

 

 

No Protests registered

 

Ttc Srl

 

 

 

 

Position

Since

Shares Amount

% Ownership

Partner

 

 

 

 

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.

 

Brignoli

Alfredo

 

Firm's Style

Seat

Fiscal Code

Position

Position Status

Firm's Status

M.t.s. - Officine Meccaniche Di Precisione - S.p.a.

Sirone (LC) - IT -

00229290135

Director

Active

Registered

M.t.s. - Officine Meccaniche Di Precisione - S.p.a.

Sirone (LC) - IT -

00229290135

Board Chairman

Active

Registered

Reggiani Macchine S.p.a.

Grassobbio (BG) - IT -

02349480166

Director

Active

Registered

Reggiani Macchine S.p.a.

Grassobbio (BG) - IT -

02349480166

Procurator

Active

Registered

Reggiani Macchine S.p.a.

Grassobbio (BG) - IT -

02349480166

Assistant board Chairman

Active

Registered

Fi. Ind Spa

Milano (MI) - IT -

05965220014

Director

Active

Registered

Consorzio Ilexport Anche Brevemente Ilexport

Lecco (CO) - IT -

00296430135

Memb. of the Steering Committee

Withdrawn

Ceased

F.i.r.t. Imm. Srl

Grassobbio (BG) - IT -

02875680163

Sole Director

Withdrawn

Ceased

Briace.fin S.r.l.

Bergamo (BG) - IT -

03165320163

Sole Director

Active

Registered

Cbf S.r.l.

Grassobbio (BG) - IT -

03082490164

Director

Active

Registered

Cbf S.r.l.

Grassobbio (BG) - IT -

03082490164

Sole Director

Withdrawn

Registered

Cbf S.r.l.

Grassobbio (BG) - IT -

03082490164

Board Chairman

Active

Registered

 

Lazzati

Marco

 

Firm's Style

Seat

Fiscal Code

Position

Position Status

Firm's Status

"la.me. Srl"

Milano (MI) - IT -

09937070150

Director

Withdrawn

Registered

NORDEF S.R.L.

Milano (MI) - IT -

12336100156

Director

Withdrawn

Registered

 

Caccia Dominioni

Ambrogio

 

Firm's Style

Seat

Fiscal Code

Position

Position Status

Firm's Status

M.t.s. - Officine Meccaniche Di Precisione - S.p.a.

Sirone (LC) - IT -

00229290135

Managing Director

Active

Registered

M.t.s. - Officine Meccaniche Di Precisione - S.p.a.

Sirone (LC) - IT -

00229290135

Director

Active

Registered

M.t.s. - Officine Meccaniche Di Precisione - S.p.a.

Sirone (LC) - IT -

00229290135

General Director

Withdrawn

Registered

M.t.s. - Officine Meccaniche Di Precisione - S.p.a.

Sirone (LC) - IT -

00229290135

Managing Director

Withdrawn

Registered

Cantamessa S.e. - S.p.a.

Endine Gaiano (BG) - IT -

00824090237

Director

Withdrawn

Merged

Nuova Torcitura Di Sagrado S.p.a. - In Liquidazione

Sagrado (GO) - IT -

07659520154

Director

Withdrawn

Ceased

Nuova Torcitura Di Vittorio Veneto S.p.a.

Sagrado (GO) - IT -

06645630150

Director

Withdrawn

Ceased

Tesmec Service S.r.l.

Grassobbio (BG) - IT -

00310570379

Director

Active

Registered

Tesmec Service S.r.l.

Grassobbio (BG) - IT -

00310570379

Board Chairman

Active

Registered

Filelmo S.r.l.

Sagrado (GO) - IT -

07273710157

Director

Withdrawn

Ceased

Isagro S.p.a.

Milano (MI) - IT -

09497920158

Director

Withdrawn

Registered

Reggiani Macchine S.p.a.

Grassobbio (BG) - IT -

02349480166

Director

Active

Registered

Societa' Elettrica In Morbegno Societa'Cooperativa Per Azioni In Breve Denomina

Morbegno (SO) - IT -

00050450147

Director

Withdrawn

Registered

JAEGGLI S.P.A. IN LIQUIDAZIONE

Milano (MI) - IT -

06507070156

Director

Withdrawn

In liquidation

JAEGGLI S.P.A. IN LIQUIDAZIONE

Milano (MI) - IT -

06507070156

Assistant board Chairman

Withdrawn

In liquidation

Jaeggli Meccanotessile S.r.l.

Milano (MI) - IT -

01915760134

Chairman

Withdrawn

Registered

Jaeggli Meccanotessile S.r.l.

Milano (MI) - IT -

01915760134

Director

Withdrawn

Registered

Jaeggli Meccanotessile S.r.l.

Milano (MI) - IT -

01915760134

Assistant board Chairman

Withdrawn

Registered

Jaeggli Meccanotessile S.r.l.

Milano (MI) - IT -

01915760134

Managing Director

Withdrawn

Registered

Ambrosio - Societa' A Responsabilita' Limitata

Milano (MI) - IT -

03149090155

Director

Active

Registered

Fi. Ind Spa

Milano (MI) - IT -

05965220014

Chairman

Withdrawn

Registered

Fi. Ind Spa

Milano (MI) - IT -

05965220014

Director

Active

Registered

Fi. Ind Spa

Milano (MI) - IT -

05965220014

Assistant board Chairman

Active

Registered

Fi. Ind Spa

Milano (MI) - IT -

05965220014

Board Chairman

Withdrawn

Registered

NORDEF S.R.L.

Milano (MI) - IT -

12336100156

Director

Withdrawn

Registered

Texfi - S.p.a.

Como (CO) - IT -

00190620138

Chairman

Withdrawn

Ceased

Texfi - S.p.a.

Como (CO) - IT -

00190620138

Managing Director

Withdrawn

Ceased

Societa' In Accomandita Semplice Luigi Paravicini Di Gerolam0, Pietro E Ambrogio

Milano (MI) - IT -

00042830141

Limited Partner

Withdrawn

Registered

Societa' In Accomandita Semplice Luigi Paravicini Di Gerolam0, Pietro E Ambrogio

Milano (MI) - IT -

00042830141

Acting partner (in work)

Active

Registered

Tesmec Holding S.r.l.

Milano (MI) - IT -

10046360151

Liquidator

Withdrawn

Ceased

Fondazione Promor Ente Morale Pro Morbegno Ing. Enea Mattei

Morbegno (SO) - IT -

91006170145

Director

Active

Registered

GRUPPO MECCANOTESSILE ITALIANO S.R.L.

Lecco (LC) - IT -

02818580132

Director

Withdrawn

Registered

Lombartech

Dalmine (BG) - IT -

03587310164

Baord of Directors' member

Withdrawn

Registered

Cbf S.r.l.

Grassobbio (BG) - IT -

03082490164

Director

Active

Registered

Sge Srl

Grassobbio (BG) - IT -

03951500168

Managing Director

Active

Registered

Sge Srl

Grassobbio (BG) - IT -

03951500168

Director

Active

Registered

Sge Srl

Grassobbio (BG) - IT -

03951500168

Board Chairman

Active

Registered

 

Bolelli

Gianluca

 

Firm's Style

Seat

Fiscal Code

Position

Position Status

Firm's Status

San Colombano S.p.a.

Verona (VR) - IT -

00125840223

Temporary Auditor

Active

Registered

Mondadori Shop S.p.a.

Milano (MI) - IT -

00815940150

Chairman of the Board of Aud.

Withdrawn

Ceased

Variati E Co. - S.p.a.

Concorezzo (MB) - IT -

00755010154

Permanent Auditor

Withdrawn

Registered

Capinvest S.p.a.

Milano (MI) - IT -

00443090584

Permanent Auditor

Withdrawn

In liquidation

Cummins Generator Technologies Italy S.r.l.

Milano (MI) - IT -

00846880151

Permanent Auditor

Withdrawn

Registered

Rainbow S.p.a.

Guanzate (CO) - IT -

00712300136

Permanent Auditor

Withdrawn

Ceased

Brugola O.e.b. Industriale S.p.a.

Lissone (MB) - IT -

05976200153

Director

Active

Registered

Torcitura Di Rancio S.r.l.

Rancio Valcuvia (VA) - IT -

00212730121

Permanent Auditor

Withdrawn

Registered

Bosfin S.p.a.

Olgiate Comasco (CO) - IT -

00248620130

Permanent Auditor

Withdrawn

Registered

Bosfin S.p.a.

Olgiate Comasco (CO) - IT -

00248620130

Temporary Auditor

Withdrawn

Registered

Vallesusa Casa - S.p.a.

Gorla Minore (VA) - IT -

02835010154

Permanent Auditor

Withdrawn

Registered

La Provincia Di Como - Societa' Per Azioni Editoriale In Abbrevia To La Provinci

Como (CO) - IT -

00190490136

Permanent Auditor

Withdrawn

Registered

Sintesi Societa' Di Investimenti E Partecipazioni S.p.a.

Milano (MI) - IT -

00849720156

Director

Withdrawn

Registered

Gabel Industria Tessile S.p.a.

Rovellasca (CO) - IT -

00185790185

Permanent Auditor

Withdrawn

Registered

Panasonic Italia S.p.a.

Milano (MI) - IT -

04753330150

Temporary Auditor

Withdrawn

Registered

Ronchi Mario S.p.a.

Gessate (MI) - IT -

07658920157

Chairman of the Board of Aud.

Active

Registered

Si Lin Tsi S.r.l.

Tirano (SO) - IT -

00601030141

Permanent Auditor

Withdrawn

Registered

Union Industries - S.p.a.

Masserano (BI) - IT -

01484660020

Permanent Auditor

Withdrawn

Registered

Edizioni Piemme S.p.a. Siglabile In Piemme S.p.a. Potra' Assume Re Il Marchio

Milano (MI) - IT -

00798930053

Permanent Auditor

Withdrawn

Registered

E. Boselli E C. Societa' Per Azioni

Olgiate Comasco (CO) - IT -

01706690128

Director

Active

Registered

E. Boselli E C. Societa' Per Azioni

Olgiate Comasco (CO) - IT -

01706690128

Permanent Auditor

Withdrawn

Registered

E. Boselli E C. Societa' Per Azioni

Olgiate Comasco (CO) - IT -

01706690128

Temporary Auditor

Withdrawn

Registered

E. Boselli E C. Societa' Per Azioni

Olgiate Comasco (CO) - IT -

01706690128

Board Chairman

Active

Registered

Thomson Multimedia Sales Italy S.p.A.

Trezzano sul Naviglio (MI) - IT -

00930610167

Temporary Auditor

Withdrawn

Registered

Eleca S.p.a.

Cantu' (CO) - IT -

01656810130

Permanent Auditor

Withdrawn

Registered

Casa Damiani S.p.a. O In Breve C D S.p.a. O C.d. S.p.a. O Damiani S.p.a.

Valenza (AL) - IT -

01457570065

Chairman of the Board of Aud.

Active

Registered

Molteni E Rotta - Societa' A Responsabilita' Limitata

Como (CO) - IT -

00340500131

Temporary Auditor

Withdrawn

Merged

Bosfin S.p.a.

Olgiate Comasco (CO) - IT -

08962040153

Temporary Auditor

Withdrawn

Ceased

O.e.b. S.r.l.

Lissone (MB) - IT -

00761390152

Director

Active

Registered

Mediolanum Farmaceutici S.p.a.

Milano (MI) - IT -

01689550158

Permanent Auditor

Withdrawn

Registered

Michele Ferraris S.r.l.

Milano (MI) - IT -

01810490159

Permanent Auditor

Withdrawn

Registered

Wet S.r.l.

Milano (MI) - IT -

06991590156

Liquidator

Withdrawn

Ceased

Isringhausen Atessa S.r.l.

Rho (MI) - IT -

09356810151

Temporary Auditor

Withdrawn

Ceased

Coopervision Optics S.r.l.

Caronno Pertusella (VA) - IT -

01745100121

Director

Withdrawn

Ceased

Sonoco Alcore - Demolli Industria Cartaria S.r.l.

Tavernerio (CO) - IT -

01803070133

Permanent Auditor

Withdrawn

Registered

Cosmint - Societa' Per Azioni

Olgiate Comasco (CO) - IT -

02103130130

Permanent Auditor

Withdrawn

Registered

Cosmint - Societa' Per Azioni

Olgiate Comasco (CO) - IT -

02103130130

Temporary Auditor

Withdrawn

Registered

K.r.energy S.p.a. O In Forma AbbreviataK.r.e. S.p.a. O Kre S.p.a .

Milano (MI) - IT -

01008580993

Director

Withdrawn

Registered

Ecosesto Spa

Milano (MI) - IT -

07819360152

Permanent Auditor

Withdrawn

Registered

Comber Costruzioni Meccaniche Bergamasche S.r.l. (in Breve Combersrl)

Milano (MI) - IT -

00896840154

Permanent Auditor

Withdrawn

Ceased

Lanatusco S.r.l.

Brescia (BS) - IT -

03301630152

Sole Director

Withdrawn

Ceased

Il Chiodo S.r.l.

Treviso (TV) - IT -

01524550264

Permanent Auditor

Withdrawn

Ceased

Reale Compagnia Italiana S.p.a.

Milano (MI) - IT -

03385260157

Permanent Auditor

Active

Registered

Reale Compagnia Italiana S.p.a.

Milano (MI) - IT -

03385260157

Temporary Auditor

Withdrawn

Registered

Fiera Milano Congressi S.p.a.

Milano (MI) - IT -

11292010151

Permanent Auditor

Withdrawn

Registered

Carnegie Italia Spa In Liquidazione

Milano (MI) - IT -

11212090150

Temporary Auditor

Withdrawn

Ceased

La Provincia Pubblicita' - S.r.l.

Como (CO) - IT -

02040830131

Permanent Auditor

Withdrawn

Ceased

Simoro S.r.l.

Pantigliate (MI) - IT -

12162320159

Temporary Auditor

Withdrawn

Registered

JAEGGLI S.P.A. IN LIQUIDAZIONE

Milano (MI) - IT -

06507070156

Temporary Auditor

Withdrawn

In liquidation

Sesto Siderservizi Srl

Sesto San Giovanni (MI) - IT -

02363820966

Permanent Auditor

Withdrawn

Registered

Groupama Societa' Di Gestione Del RisparMio Spa In Forma Abbreviata "groupama Sg

Roma (RM) - IT -

12834310158

Chairman of the Board of Aud.

Withdrawn

Ceased

Marketing Tools E Technologies S.r.l. InLiquidazione

Milano (MI) - IT -

09775350151

Permanent Auditor

Withdrawn

Registered

La Cie Srl

Milano (MI) - IT -

11256210151

Permanent Auditor

Withdrawn

Registered

Unionspun S.p.a.

Milano (MI) - IT -

12545330156

Chairman of the Board of Aud.

Withdrawn

Merged

Presmell S.r.l. In Liquidazione

Milano (MI) - IT -

82000070027

Chairman of the Board of Aud.

Withdrawn

Ceased

Carlo Ripamonti E C. S.a.p.a. In Liquidazione

Como (CO) - IT -

02405300134

Permanent Auditor

Withdrawn

Ceased

Comber S.r.l. In Liquidazione

Milano (MI) - IT -

12256790150

Permanent Auditor

Withdrawn

In liquidation

Fedrigoni S.p.a.

Verona (VR) - IT -

01664630223

Permanent Auditor

Active

Registered

Independent Global Managers Societa' DiGestione Del Risparmio Per Azioni O In

Milano (MI) - IT -

12595800157

Permanent Auditor

Withdrawn

Registered

Planetaria Hotels S.p.a.

Milano (MI) - IT -

12597570154

Permanent Auditor

Active

Registered

Sempione Societa' Di Intermediazione MobIliare S.p.a.

Milano (MI) - IT -

03580520173

Permanent Auditor

Withdrawn

Registered

Corporate Family Office Sim S.p.a. - Societa' Di Intermediazione Mobiliare - Abb

Milano (MI) - IT -

13256570154

Director

Active

Registered

Corporate Family Office Sim S.p.a. - Societa' Di Intermediazione Mobiliare - Abb

Milano (MI) - IT -

13256570154

Board Chairman

Active

Registered

Rubelli S.p.a.

Venezia (VE) - IT -

05091270487

Chairman of the Board of Aud.

Active

Registered

Omm Lavapavimenti Srl Di Mescoli RobertoO In Forma Abbreviata "omm Lavapavime

Milano (MI) - IT -

13282860157

Permanent Auditor

Withdrawn

Registered

Panasonic System Engineering Italia S.r.l.

Milano (MI) - IT -

13396190152

Temporary Auditor

Withdrawn

Registered

Aletti Montano E Co. Real Estate S.p.a.

Milano (MI) - IT -

03272030960

Chairman of the Board of Aud.

Withdrawn

Ceased

Comifin S.p.a.

Segrate (MI) - IT -

03328610963

Managing Director

Active

Registered

Comifin S.p.a.

Segrate (MI) - IT -

03328610963

Director

Active

Registered

La Pietra Di Bolelli Carlotta E C. S.a.s.

Milano (MI) - IT -

03414030159

Limited Partner

Active

Registered

Eepp Italia Srl

Milano (MI) - IT -

11547690153

Liquidator

Withdrawn

Ceased

Bart - Med S.r.l.

Milano (MI) - IT -

03754930968

Director

Withdrawn

Registered

G.b.l. Fiduciaria S.p.a.

Milano (MI) - IT -

04156340962

Sole Director

Withdrawn

Registered

Impar Immobili E Partecipazioni S.r.l.

Milano (MI) - IT -

04284280965

Sole Director

Active

Registered

Hotel Chateau Monfort S.r.l.

Milano (MI) - IT -

07929261001

Sole Director

Withdrawn

Registered

Immobiliare Mugiasca S.p.a.

Como (CO) - IT -

02654090139

Permanent Auditor

Withdrawn

Registered

Tre Laghi S.p.a.

Milano (MI) - IT -

97222920155

Permanent Auditor

Withdrawn

Registered

Italchim S.r.l.

Milano (MI) - IT -

09641240156

Permanent Auditor

Withdrawn

Ceased

Pierrel S.p.a.

Capua (CE) - IT -

04920860964

Director

Withdrawn

Registered

Pierrel S.p.a.

Capua (CE) - IT -

04920860964

Assistant board Chairman

Withdrawn

Registered

Press - Di Distribuzione Stampa E Multimedia S.r.l.

Milano (MI) - IT -

03864370964

Permanent Auditor

Withdrawn

Registered

Agriwatt Asola Societa' Agricola A Responsabilita' Limitata

Como (CO) - IT -

03205840139

Permanent Auditor

Withdrawn

Registered

Agriwatt San Benedetto Societa' AgricolaA Responsabilita' Limita Ta

Como (CO) - IT -

03205850138

Permanent Auditor

Withdrawn

Registered

Agriwatt Castel Goffredo Societa' AgricoLa A Responsabilita' Limi Tata

Como (CO) - IT -

03205860137

Permanent Auditor

Withdrawn

Registered

Gabel S.r.l.

Milano (MI) - IT -

07249910964

Permanent Auditor

Withdrawn

Registered

S G P S.r.l.

Milano (MI) - IT -

07518750968

Permanent Auditor

Withdrawn

Registered

Ronchi Holding S.p.a.

Milano (MI) - IT -

07609650960

Chairman of the Board of Aud.

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

Fi. Ind Spa

 

05965220014

1.343.261 .Eur

12,54

Italiana Alimenti Spa

 

00651440745

571.400 .Eur

5,33

Ttc Srl

 

 

3.244.752 .Eur

30,30

Tesmec Spa

 

10227100152

215.345 .Eur

2,01

 

 

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

Bertel S.p.A.

Milano - IT -

01593870338

200.000 .Eur

40,00

 

 

Active

East Trenchers Srl

Pordenone - IT -

01676380932

91.200 .Eur

91,20

 

 

Active

Tesmec Service S.r.l.

Grassobbio - IT -

00310570379

100.000 .Eur

100,00

 

 

Active

Sge Srl

Grassobbio - IT -

03951500168

10.000 .Eur

100,00

 

 

Active




 

Firm's location and structure

 

In order to carry out its activities the firm uses the following locations:

 

-

Legal and operative seat

 

 

 

 

 

 

 

Sant'ambrogio

, 16

- 20100

- Milano

(MI)

- IT -

 

 

 

 

PHONE

: 035611218

 

-

Secondary office

 

 

 

 

 

 

 

Zanica

, 17/0

- 24050

- Grassobbio

(BG)

- IT -

 

-

Branch

(Factory)

since 31/03/2000

 

 

 

 

 

 

Pertegalli

, SNC

- 24060

- Endine Gaiano

(BG)

- IT -

 

-

Branch

(Production engineering department)

since 18/12/2007

 

 

 

 

 

 

Don Brambilla

, 26/28

- 22040

- Sirone

(LC)

- IT -

 

 

 

 

Employees

: 308

 

Fittings and Equipment for a value of 5.600.000

Eur

 

Stocks for a value of 28.360.000

Eur

 

 

The firm operates abroad as importer / exporter..

To purchase foreign products the firm uses the following channels :

- direct orders to foreign companies

Export represents more than 50% of the global turnover.

Products abroad are placed by :

- importers

 

- direct orders from foreign companies

 

 

Traded Brands / Suppliers

 

 

- bosch-rex roth

 

- cgt (comp. generale trattori)

 


 

Historical Information and/or Firm's Status

 

EX-MEMBERS / EX-POSITIONS:

 

Cinquini Carla

 

 

 

Born in Bergamo

(BG)

on 28/04/1924

- Fiscal Code : CNQCRL24D68A794R

 

 

Fiscal residence:

 

San Martino della Piprizia

, 3

- 24100

Bergamo

(BG)

- IT -

 

Ex-Postions

Chairman

 

Batisti

Ettore

 

 

Born in Reggello

(FI)

on 31/08/1936

- Fiscal Code : BTSTTR36M31H222E

 

 

Residence:

 

Dei Legionari In Polonia

, 28

- 24100

Bergamo

(BG)

- IT -

 

Ex-Postions

Director

 

Brignoli

Alfredo

 

 

Born in Ponteranica

(BG)

on 10/12/1920

- Fiscal Code : BRGLRD20T10G853I

 

 

Residence:

 

Bonomini

, 26

- 24100

Bergamo

(BG)

- IT -

 

Ex-Postions

Managing Director

Person in charge

Board Chairman

 

Lazzati

Marco

 

 

Born in Varese

(VA)

on 04/05/1942

- Fiscal Code : LZZMRC42E04L682M

 

 

Residence:

 

M.g. Agnesi

, 7

- 21100

Varese

(VA)

- IT -

 

Ex-Postions

Managing Director

Director

Responsible

 

Gnugnoli

Emanuele

 

 

Born in Torino

(TO)

on 29/08/1964

- Fiscal Code : GNGMNL64M29L219C

 

 

Residence:

 

San Frediano

, 11

- 40136

Bologna

(BO)

- IT -

 

Ex-Postions

Temporary Auditor

 

Vacchi

Gianluca

 

 

Born in Bologna

(BO)

on 05/08/1967

- Fiscal Code : VCCGLC67M05A944M

 

 

Residence:

 

Romitino

, 10

- 40055

Castenaso

(BO)

- IT -

 

Ex-Postions

Director

 

Poggi

Luca

 

 

Born in Bologna

(BO)

on 14/05/1961

- Fiscal Code : PGGLCU61E14A944Z

 

 

Residence:

 

Luca Ghini

, 14

- 40100

Bologna

(BO)

- IT -

 

Ex-Postions

Director

 

Vitiello

Michele

 

 

Born in Boscotrecase

(NA)

on 12/11/1958

- Fiscal Code : VTLMHL58S12B077I

 

 

Residence:

 

Cittadella,

, 15

- 29121

Piacenza

(PC)

- IT -

 

Ex-Postions

General Director

Attorney with special power

 

Sportelli

Pietro

 

 

Born in Milano

(MI)

on 05/02/1959

- Fiscal Code : SPRPTR59B05F205J

 

 

Residence:

 

Vincenzo Gioberti

, 8

- 20123

Milano

(MI)

- IT -

 

Ex-Postions

Temporary Auditor

 

Arnoldi

Sergio

 

 

Born in Bergamo

(BG)

on 06/02/1947

- Fiscal Code : RNLSRG47B06A794T

 

 

Residence:

 

S. Alessandro

, 156

- 24100

Bergamo

(BG)

- IT -

 

Ex-Postions

Permanent Auditor

 

Fumagalli

Dino

 

 

Born in Bergamo

(BG)

on 20/02/1958

- Fiscal Code : FMGDNI58B20A794A

 

 

Residence:

 

Carvisi

, 22

- 24030

Terno d'Isola

(BG)

- IT -

 

Ex-Postions

Temporary Auditor

 

Melegoni

Claudio

 

 

Born in Bergamo

(BG)

on 02/03/1954

- Fiscal Code : MLGCLD54C02A794L

 

 

Residence:

 

Donizetti

, 16

- 24060

Cenate Sopra

(BG)

- IT -

 

Ex-Postions

Permanent Auditor

Chairman of the Board of Aud.

Permanent Auditor

 

Maconi

Francesca

 

 

Born in Bergamo

(BG)

on 10/06/1963

- Fiscal Code : MCNFNC63H50A794N

 

 

Residence:

 

Teodoro Frizzoni

, 19/A

- 24121

Bergamo

(BG)

- IT -

 

Ex-Postions

Temporary Auditor

 

De Liberato

Gianni

 

 

Born in Vicenza

(VI)

on 05/10/1958

- Fiscal Code : DLBGNN58R05L840E

 

 

Residence:

 

Contra' Dei Torretti

, 52

- 36100

Vicenza

(VI)

- IT -

 

Ex-Postions

Attorney with special power

 

Mazzoni

Bruno

 

 

Born in Imola

(BO)

on 19/01/1948

- Fiscal Code : MZZBRN48A19E289K

 

 

Residence:

 

Aspromonte

, 16/A

- 40026

Imola

(BO)

- IT -

 

Ex-Postions

Attorney with special power

 

Bachechi

Marco

 

 

Born in Milano

(MI)

on 13/09/1965

- Fiscal Code : BCHMRC65P13F205R

 

 

Residence:

 

Sardegna

, 34/A

- 20100

Milano

(MI)

- IT -

 

Ex-Postions

Attorney with special power

 

Negri

Marco

 

 

Born in Formignana

(FE)

on 27/02/1950

- Fiscal Code : NGRMRC50B27D713M

 

 

Residence:

 

Prov. Per Finale

, 91

- 44035

Formignana

(FE)

- IT -

 

Ex-Postions

Attorney with special power

 

Lombardi

Andrea

 

 

Born in Milano

(MI)

on 07/04/1973

- Fiscal Code : LMBNDR73D07F205Q

 

 

Residence:

 

Cavour

, 60

- 20020

Arconate

(MI)

- IT -

 

Ex-Postions

Attorney with special power

 

Cantamessa

Paolo

 

 

Born in Bergamo

(BG)

on 10/08/1973

- Fiscal Code : CNTPLA73M10A794W

 

 

Residence:

 

San Giacomo

, 2

- 24129

Bergamo

(BG)

- IT -

 

Ex-Postions

Director

Attorney with special power

 

Passaniti

Giacomo

 

 

Born in Bologna

(BO)

on 14/10/1972

- Fiscal Code : PSSGCM72R14A944X

 

 

Residence:

 

Santa Croce

, 13/5

- 40100

Bologna

(BO)

- IT -

 

Ex-Postions

Temporary Auditor

 

Milani

Michele Carlo Felice

 

 

Born in Milano

(MI)

on 06/06/1968

- Fiscal Code : MLNMHL68H06F205L

 

 

Residence:

 

Sismondi Giancarlo

, 24

- 20100

Milano

(MI)

- IT -

 

Ex-Postions

Director

 

Di Lullo

Massimo

 

 

Born in Bergamo

(BG)

on 02/11/1952

- Fiscal Code : DLLMSM52S02A794V

 

 

Residence:

 

Sant'antonino

, 7

- 24060

Montello

(BG)

- IT -

 

Ex-Postions

Permanent Auditor

 

Di Lullo

Adriano

 

 

Born in San Remo

(IM)

on 02/03/1920

- Fiscal Code : DLLDRN20C02I138N

 

 

Residence:

 

Milano

, 8

- 24100

Bergamo

(BG)

- IT -

 

Ex-Postions

Permanent Auditor

Chairman of the Board of Aud.

 

Cantamessa

Lorenzo

 

 

Born in Endine Gaiano

(BG)

on 17/09/1935

- Fiscal Code : CNTLNZ35P17D406S

 

 

Residence:

 

Dei Rossini

, 4

- 24060

Solto Collina

(BG)

- IT -

 

Ex-Postions

Managing Director

Director

 

Gianetti

Alfredo

 

 

Born in Milano

(MI)

on 22/01/1934

- Fiscal Code : GNTLRD34A22F205C

 

 

Residence:

 

Beato Angelico

, 3

- 20100

Milano

(MI)

- IT -

 

Ex-Postions

Board Chairman

Director

 

Macario

Filippo

 

 

Born in Lovere

(BG)

on 22/06/1945

- Fiscal Code : MCRFPP45H22E704P

 

 

Residence:

 

Nazionale

, 73

- 24062

Costa Volpino

(BG)

- IT -

 

Ex-Postions

Director

 

Venier

Marco

 

 

Born in Barbata

(BG)

on 23/10/1935

- Fiscal Code : VNRMRC35R23A631W

 

 

Residence:

 

Durini

, 7

- 20122

Milano

(MI)

- IT -

 

Ex-Postions

Director

 

CEASINGS/INCORPORATIONS/MERGES:

 

Project of merging by taking over of

 

 

 

Cantamessa S.e. - S.p.a.

 

 

 

Pertegalli

, 24060

, Endine Gaiano

(BG)

- IT -

 

 

Fiscal Code: 00824090237

 

 

Date

Merging/splitting-up project:

24/06/1999

 

The firm absorbed by merging of

 

 

 

Cantamessa S.e. - S.p.a.

 

 

 

Pertegalli

, 24060

, Endine Gaiano

(BG)

- IT -

 

 

Fiscal Code: 00824090237

 

 

Date

:

20/03/2000



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

BANCA POPOLARE DI BERGAMO - CREDITO VAR

SEDE DI BERGAMO

PIAZZA VITTORIO VENETO, 8

24100

Bergamo

5428

11101



Financial and Economical Analysis

 

The company is active since 1991

The analysis is based on the latest 3 balance sheets.

During the last years, it recorded positive net results (r.o.e. 9,76% in 2013)

The operating result in 2013 was positive (6,05%) and in line with the sector's average.

An operating result of Eur. 9.701.000 has been registered. showing a downwards trend equal to -25,37% if compared to the value of the financial year 2012.

The gross operating margin of the latest financial year is of Eur. 17.146.000 stable if compared to the financial year 2012.

The financial status of the company is fairly balanced with an indebtedness level of 1,44 but with an increase as against the previous accounting period.

The equity capital is equal to Eur. 39.757.000 on stable levels.

During the last financial year debts totalled Eur. 117.365.000 (Eur. 50.307.000 of which were m/l term debts) , with no sensible variation.

The recourse to bank credit is slightly high and also borrowings from suppliers appear to be high, with an average payment period equal to 133,3 gg. even if it still falls within the sector's average.

It shows a good range of liquidity.

On average trade credits are collected in 88,65 days. , lower than the sector's average.

During financial year 2013 the cash flow amounted to Eur. 9.071.000

Subordinate employment cost is of Eur. 16.142.000, i.e. 17,88% on total production costs. , whereas 17,04% is the incidence on sales revenues.

Finacial chareges are high: the incidence on sales volume amounts to -2,69%





 

Financial Data

 

 

Complete balance-sheet for the year

al 31/12/2013

(in Eur

x 1)

 

Item Type

Value

Sales

94.734.000

Profit (Loss) for the period

3.879.000

 

 

Complete balance-sheet for the year

al 31/12/2012

(in Eur

x 1)

 

Item Type

Value

Sales

102.852.000

Profit (Loss) for the period

6.168.000

 

 

Complete balance-sheet for the year

al 31/12/2011

(in Eur

x 1)

 

Item Type

Value

Sales

101.151.902

Profit (Loss) for the period

7.513.621

 

 

Complete balance-sheet for the year

al 31/12/2010

(in Eur

x 1)

 

Item Type

Value

Sales

102.121.236

Profit (Loss) for the period

6.551.674

 

 

Complete balance-sheet for the year

al 31/12/2009

(in Eur

x 1)

 

Item Type

Value

Sales

79.944.534

Profit (Loss) for the period

3.633.102



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 31/12/2013 - 12 Mesi - Currency: - Amounts x 1

 

- 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

 

Years

2013

2012

2011

BALANCE SHEET ACCOUNTS

 

ASSETS

 

 

 

CREDITS VS PARTNERS

 

 

 

. Deposits not yet withdrawn

 

 

 

. Deposits already withdrawn

 

 

 

Total credits vs partners

 

 

 

FIXED ASSETS

 

 

 

. INTANGIBLE FIXED ASSETS

 

 

 

. . Start-up and expansion expenses

 

 

 

. . Research,develop. and advert.expens.

5.532.000

5.706.000

6.111.501

. . Industrial patent rights

255.000

327.000

 

. . Concessions,licenses,trademarks,etc.

 

 

481.000

. . Goodwill

 

 

 

. . Assets in formation and advance paymen.

 

 

 

. . Other intangible fixed assets

 

 

 

. Total Intangible Fixed Assets

5.787.000

6.033.000

6.592.501

. TANGIBLE FIXED ASSETS

 

 

 

. . Real estate

25.132.000

21.217.000

21.788.314

. . Plant and machinery

5.116.000

5.255.000

4.735.000

. . Industrial and commercial equipment

480.000

454.000

589.000

. . Other assets

1.505.000

2.455.000

3.075.000

. . Assets under construction and advances

517.000

446.000

289.000

. Total Tangible fixed assets

32.750.000

29.827.000

30.476.314

. FINANCIAL FIXED ASSETS

 

 

 

. . Equity investments

26.530.000

16.328.000

15.707.776

. . . Equity invest. in subsidiary companies

23.090.000

14.144.000

14.342.503

. . . Equity invest. in associated companies

3.437.000

2.181.000

1.362.985

. . . Equity invest. in holding companies

 

 

 

. . . Equity invest. in other companies

3.000

3.000

2.288

. . Financial receivables

2.000

173.000

8.795

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

2.000

173.000

8.795

. . . Receivab due from subsidiaries

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . . Receivables due from assoc.comp.

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . . Receivables due from holding comp.

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . . Receivables due from third parties

2.000

173.000

8.795

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

2.000

173.000

8.795

. . Other securities

 

 

 

. . Own shares

794.000

466.000

 

. . . Total nominal value

 

 

 

. Total financial fixed assets

27.326.000

16.967.000

15.716.571

Total fixed assets

65.863.000

52.827.000

52.785.386

CURRENT ASSETS

 

 

 

. INVENTORIES

 

 

 

. . Raw materials and other consumables

15.872.000

14.707.000

17.626.245

. . Work in progress and semimanufactured

3.190.000

4.245.000

4.020.000

. . Work in progress on order

 

 

 

. . Finished goods

9.302.000

8.399.000

6.674.000

. . Advance payments

 

 

103.000

. Total Inventories

28.364.000

27.351.000

28.423.245

. CREDITS NOT HELD AS FIXED ASSETS

 

 

 

. . Within 12 months

53.666.000

59.863.000

51.990.239

. . Beyond 12 months

2.396.000

2.364.000

2.795.614

. . Trade receivables

23.329.000

26.208.000

26.038.890

. . . . Within 12 months

23.329.000

26.208.000

26.038.890

. . . . Beyond 12 months

 

 

 

. . Receivables due from subsid. comp.

 

 

9.320.000

. . . . Within 12 months

 

 

9.320.000

. . . . Beyond 12 months

 

 

 

. . Receivables due from assoc. comp.

29.217.000

32.035.000

14.929.000

. . . . Within 12 months

29.217.000

32.035.000

14.929.000

. . . . Beyond 12 months

 

 

 

. . Receivables due from holding comp.

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Fiscal Receivables

463.000

854.000

1.472.920

. . . . Within 12 months

463.000

854.000

1.472.920

. . . . Beyond 12 months

 

 

 

. . Receivables for anticipated taxes

2.396.000

2.364.000

2.795.614

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

2.396.000

2.364.000

2.795.614

. . Receivables due from third parties

657.000

766.000

229.429

. . . . Within 12 months

657.000

766.000

229.429

. . . . Beyond 12 months

 

 

 

. Total Credits not held as fixed assets

56.062.000

62.227.000

54.785.853

. FINANCIAL ASSETS

 

 

 

. . Equity invest. in subsidiary comp.

 

 

 

. . Equity invest. in associated companies

 

 

 

. . Equity invest. in holding companies

 

 

 

. . Other equity investments

 

 

 

. . Own shares

 

 

 

. . . Total nominale value

 

 

 

. . Other securities

125.000

106.000

102.554

. Total Financial Assets

125.000

106.000

102.554

. LIQUID FUNDS

 

 

 

. . Bank and post office deposits

9.605.000

13.036.000

 

. . Checks

 

 

 

. . Banknotes and coins

13.000

8.000

 

. Total Liquid funds

9.618.000

13.044.000

13.360.831

Total current assets

94.169.000

102.728.000

96.672.483

ADJUSTMENT ACCOUNTS

 

 

 

. Discount on loans

 

 

 

. Other adjustment accounts

231.000

194.000

203.000

Total adjustments accounts

231.000

194.000

203.000

TOTAL ASSETS

160.263.000

155.749.000

149.660.869

 

 

 

 

LIABILITIES

 

 

 

STOCKHOLDERS' EQUITY

 

 

 

. Capital stock

10.708.000

10.708.000

10.708.400

. Additional paid-in capital

10.915.000

10.915.000

10.915.000

. Revaluation reserves

86.000

86.000

86.000

. Legal reserve

1.811.000

1.502.000

1.127.000

. Reserve for Own shares

 

 

 

. Statute reserves

 

 

 

. Other reserves

9.898.000

8.035.000

4.109.042

. Accumulated Profits (Losses)

2.460.000

2.489.000

2.489.000

. Profit( loss) of the year

3.879.000

6.168.000

7.513.621

. Advances on dividends

 

 

 

. Partial loss of the year Coverage

 

 

 

Total Stockholders'Equity

39.757.000

39.903.000

36.948.063

RESERVES FOR RISKS AND CHARGES

 

 

 

. . Reserve for employee termination indem.

 

 

 

. . Taxation fund, also differed

618.000

345.000

685.765

. . Other funds

 

 

607.121

Total Reserves for Risks and Charges

618.000

345.000

1.292.886

Employee termination indemnities

2.517.000

2.544.000

2.502.643

ACCOUNTS PAYABLE

 

 

 

. . . . Within 12 months

67.058.000

53.677.000

59.056.964

. . . . Beyond 12 months

50.307.000

59.262.000

49.839.313

. . Bonds

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Convertible bonds repayable

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Due to shareholders for financing

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Due to banks

59.586.000

48.873.000

53.411.372

. . . . Within 12 months

30.070.000

14.329.000

22.841.621

. . . . Beyond 12 months

29.516.000

34.544.000

30.569.751

. . Due to other providers of finance

26.239.000

27.651.000

1.879.429

. . . . Within 12 months

5.448.000

2.933.000

1.556.000

. . . . Beyond 12 months

20.791.000

24.718.000

323.429

. . Advances from customers

2.079.000

1.257.000

3.789.451

. . . . Within 12 months

2.079.000

1.257.000

3.789.451

. . . . Beyond 12 months

 

 

 

. . Trade payables

21.292.000

28.644.000

24.941.239

. . . . Within 12 months

21.292.000

28.644.000

24.941.239

. . . . Beyond 12 months

 

 

 

. . Securities issued

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Due to subsidiary companies

1.628.000

897.000

773.000

. . . . Within 12 months

1.628.000

897.000

773.000

. . . . Beyond 12 months

 

 

 

. . Due to associated companies

1.318.000

495.000

18.998.479

. . . . Within 12 months

1.318.000

495.000

52.346

. . . . Beyond 12 months

 

 

18.946.133

. . Due to holding companies

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Due to the tax authorities

1.399.000

1.046.000

2.318.041

. . . . Within 12 months

1.399.000

1.046.000

2.318.041

. . . . Beyond 12 months

 

 

 

. . Due to social security and welfare inst.

779.000

686.000

662.000

. . . . Within 12 months

779.000

686.000

662.000

. . . . Beyond 12 months

 

 

 

. . Other payables

3.045.000

3.390.000

2.123.266

. . . . Within 12 months

3.045.000

3.390.000

2.123.266

. . . . Beyond 12 months

 

 

 

Total accounts payable

117.365.000

112.939.000

108.896.277

ADJUSTMENT ACCOUNTS

 

 

 

. Agio on loans

 

 

 

. Other adjustment accounts

6.000

18.000

21.000

Total adjustment accounts

6.000

18.000

21.000

TOTAL LIABILITIES

160.263.000

155.749.000

149.660.869

 

 

 

 

 

 

MEMORANDUM ACCOUNTS

 

Third party goods

 

 

 

Investment accounts

 

 

 

Risk accounts

 

 

 

Civil and fiscal norms relation

 

 

 

 

 

 

 

 

 

PROFIT AND LOSS ACCOUNTS

 

VALUE OF PRODUCTION

 

 

 

. Revenues from sales and services

94.734.000

102.852.000

101.151.902

. Changes in work in progress

 

 

 

. Changes in semi-manufact. products

 

 

 

. Capitalization of internal work

2.648.000

2.512.000

3.085.940

. Other income and revenues

2.610.000

1.406.000

525.000

. . Contributions for operating expenses

 

 

 

. . Different income and revenues

2.610.000

1.406.000

525.000

Total value of production

99.992.000

106.770.000

104.762.842

PRODUCTION COSTS

 

 

 

. Raw material,other materials and consum.

49.239.000

50.852.000

49.252.187

. Services received

14.940.000

17.209.000

17.576.120

. Leases and rentals

1.280.000

1.379.000

2.265.000

. Payroll and related costs

16.142.000

15.821.000

15.260.579

. . Wages and salaries

11.662.000

11.422.000

11.196.579

. . Social security contributions

3.619.000

3.320.000

3.311.000

. . Employee termination indemnities

 

 

623.000

. . Pension and similar

 

 

 

. . Other costs

861.000

1.079.000

130.000

. Amortization and depreciation

5.192.000

5.388.000

4.936.299

. . Amortization of intangible fixed assets

3.037.000

3.212.000

3.009.299

. . Amortization of tangible fixed assets

2.155.000

2.176.000

1.927.000

. . Depreciation of tangible fixed assets

 

 

 

. . Writedown of current receiv.and of liquid

 

 

 

. Changes in raw materials

-1.014.000

 

-509.000

. Provisions to risk reserves

2.253.000

1.895.000

399.587

. Other provisions

 

 

 

. Other operating costs

2.259.000

1.226.000

956.193

Total production costs

90.291.000

93.770.000

90.136.965

Diff. between value and cost of product.

9.701.000

13.000.000

14.625.877

FINANCIAL INCOME AND EXPENSE

 

 

 

. Income from equity investments

 

 

 

. . In subsidiary companies

 

 

 

. . In associated companies

 

 

 

. . In other companies

 

 

 

. Other financial income

882.000

482.000

407.822

. . Financ.income from receivables

 

 

 

. . . Towards subsidiary companies

 

 

 

. . . Towards associated companies

 

 

 

. . . Towards holding companies

 

 

 

. . . Towards other companies

 

 

 

. . Financ.income from secur. t.f.assets

 

 

 

. . Financ.income from secur. cur.assets

 

 

 

. . Financ.income other than the above

 

 

 

. . . - Subsidiary companies

 

 

 

. . . - Associated companies

 

 

 

. . . - Holding companies

 

 

 

. . . - Other companies

 

 

 

. Interest and other financial expense

-3.432.000

-4.132.000

-2.568.284

. . Towards subsidiary companies

 

 

 

. . Towards associated companies

 

 

 

. . Towards holding companies

 

 

 

. . Towards other companies

 

 

 

Total financial income and expense

-2.550.000

-3.650.000

-2.160.462

ADJUSTMENTS TO FINANCIAL ASSETS

 

 

 

. Revaluations

 

 

 

. . Of equity investments

 

 

 

. . Of financ.fixed assets not repres.E.I.

 

 

 

. . Of securities incl.among current assets

 

 

 

. Devaluation

-239.000

-336.000

-348.000

. . Of equity investments

-239.000

-336.000

-348.000

. . Of financial fixed assets (no equity inv)

 

 

 

. . Of securities included among current ass

 

 

 

Total adjustments to financial assets

-239.000

-336.000

-348.000

EXTRAORDINARY INCOME AND EXPENSE

 

 

 

. Extraordinary income

 

 

 

. . Gains on disposals

 

 

 

. . Other extraordinary income

 

 

 

. Extraordinary expense

 

 

 

. . Losses on disposals

 

 

 

. . Taxes relating to prior years

 

 

 

. . Other extraordinary expense

 

 

 

Total extraordinary income and expense

 

 

 

Results before income taxes

6.912.000

9.014.000

12.117.415

. Taxes on current income

3.033.000

2.846.000

4.603.794

. . current taxes

3.019.000

2.846.000

3.509.794

. . differed taxes(anticip.)

14.000

 

1.094.000

. Net income for the period

3.879.000

6.168.000

7.513.621

. Adjustments in tax regulations pursuance

 

 

 

. Provisions in tax regulations pursuance

 

 

 

. Profit (loss) of the year

3.879.000

6.168.000

7.513.621

 

RATIOS

Value Type

as at 31/12/2013

as at 31/12/2012

as at 31/12/2011

Sector Average

COMPOSITION ON INVESTMENT

 

 

 

 

 

Rigidity Ratio

Units

0,41

0,34

0,35

0,24

Elasticity Ratio

Units

0,59

0,66

0,65

0,73

Availability of stock

Units

0,18

0,18

0,19

0,13

Total Liquidity Ratio

Units

0,41

0,48

0,46

0,54

Quick Ratio

Units

0,06

0,08

0,09

0,03

COMPOSITION ON SOURCE

 

 

 

 

 

Net Short-term indebtedness

Units

1,44

1,02

1,24

3,02

Self Financing Ratio

Units

0,25

0,26

0,25

0,19

Capital protection Ratio

Units

0,63

0,58

0,51

0,67

Liabilities consolidation quotient

Units

0,79

1,15

0,89

0,21

Financing

Units

2,95

2,83

2,95

3,82

Permanent Indebtedness Ratio

Units

0,58

0,65

0,60

0,37

M/L term Debts Ratio

Units

0,33

0,40

0,35

0,12

Net Financial Indebtedness Ratio

Units

1,92

1,59

1,13

0,54

CORRELATION

 

 

 

 

 

Fixed assets ratio

Units

1,41

1,93

1,69

1,36

Current ratio

Units

1,40

1,91

1,64

1,15

Acid Test Ratio-Liquidity Ratio

Units

0,98

1,40

1,16

0,90

Structure's primary quotient

Units

0,60

0,76

0,70

0,80

Treasury's primary quotient

Units

0,15

0,24

0,23

0,05

Rate of indebtedness ( Leverage )

%

403,11

390,32

405,06

522,79

Current Capital ( net )

Value

27.111.000

49.051.000

37.615.519

137.035

RETURN

 

 

 

 

 

Return on Sales

%

9,58

11,24

12,31

4,19

Return on Equity - Net- ( R.O.E. )

%

9,76

15,46

20,34

6,82

Return on Equity - Gross - ( R.O.E. )

%

17,39

22,59

32,80

21,82

Return on Investment ( R.O.I. )

%

6,05

8,35

9,77

5,32

Return/ Sales

%

10,24

12,64

14,46

4,80

Extra Management revenues/charges incid.

%

39,99

47,45

51,37

24,34

Cash Flow

Value

9.071.000

11.556.000

12.449.920

122.584

Operating Profit

Value

9.701.000

13.000.000

14.625.877

134.039

Gross Operating Margin

Value

17.146.000

20.283.000

19.961.763

232.049

MANAGEMENT

 

 

 

 

 

Credits to clients average term

Days

88,65

91,73

92,67

113,47

Debts to suppliers average term

Days

133,30

155,72

232,97

128,87

Average stock waiting period

Days

107,79

95,73

101,16

41,22

Rate of capital employed return ( Turnover )

Units

0,59

0,66

0,68

1,15

Rate of stock return

Units

3,34

3,76

3,56

8,63

Labour cost incidence

%

17,04

15,38

15,09

23,26

Net financial revenues/ charges incidence

%

-2,69

-3,55

-2,14

-1,36

Labour cost on purchasing expenses

%

17,88

16,87

16,93

23,52

Short-term financing charges

%

2,92

3,66

2,36

2,74

Capital on hand

%

169,17

151,43

147,96

87,13

Sales pro employee

Value

303.634

338.328

338.300

150.278

Labour cost pro employee

Value

51.737

52.042

51.038

33.017

 

 

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

:

3.839.216

Population living in the region

:

9.393.092

Number of families in the region

:

3.858.736

 

Monthly family expences 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 3.083 significant companies.

 

The companies cash their credits on an average of 113 dd.

The average duration of suppliers debts is about 129 dd.

The sector's profitability is on an average of 4,19%.

The labour cost affects the turnover in the measure of 23,26%.

Goods are held in stock in a range of 41 dd.

The difference between the sales volume and the resources used to realize it is about 1,15.

The employees costs represent the 23,52% 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 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.60.46

UK Pound

1

Rs.100.14

Euro

1

Rs.79.65

 

INFORMATION DETAILS

 

Analysis Done by :

RAS

 

 

Report Prepared by :

NIS

 

               

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.