MIRA
INFORM REPORT
|
Report Date : |
06.01.2014 |
IDENTIFICATION DETAILS
|
Name : |
JAL GROUP ITALIA SRL IN LIQUIDAZIONE |
|
|
|
|
Registered Office : |
Via Borgomanero, 50 28040 -
Paruzzaro (NO) , |
|
|
|
|
Country : |
Italy |
|
|
|
|
Financials (as on) : |
31.12.2012 |
|
|
|
|
Date of Incorporation : |
31.10.2000 |
|
|
|
|
Legal Form : |
Sole-Member Limited Liability Company |
|
|
|
|
Line of Business : |
Manufacture of footwear |
|
|
|
|
No. of Employees : |
from 71 to 90 |
RATING & COMMENTS
|
MIRA’s Rating : |
C |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
Status : |
In Liquidation |
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|
|
|
Payment Behaviour : |
-- |
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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 – September 30, 2013
|
Country Name |
Previous Rating (30.06.2013) |
Current Rating (30.09.2013) |
|
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 and address
JAL GROUP ITALIA SRL IN LIQUIDAZIONE
Via Borgomanero, 50
28040 - Paruzzaro (NO) , Italy
Summary
|
Fiscal Code |
: |
13136630152 |
|
Legal Form |
: |
Sole-Member Limited Liability Company |
|
start of Activities |
: |
30/10/2000 |
|
Equity |
: |
Unknown. |
|
Turnover Range |
: |
100.000.000/150.000.000 |
|
Number of Employees |
: |
from 71 to 90 |
|
Firm's Status |
: |
In liquidation |
Activity
Manufacture of footwear
Legal Data
Legal Form : Sole-Member Limited Liability Company
|
Fiscal Code : 13136630152 |
|
Foreign Trade Reg. no. : NO015310 since 24/02/2004 |
|
Chamber of Commerce no. : 440920 of Bari |
|
Chamber of Commerce no. : 1619006 of Milano |
|
Chamber of Commerce no. : 196940 of Novara since 22/11/2000 |
|
V.A.T. Code : 01787270030 |
|
Foundation date |
: 03/05/2000 |
|
|
Establishment date |
: 03/05/2000 |
|
|
Start of Activities |
: 30/10/2000 |
|
|
Legal duration |
: 31/12/2050 |
|
|
Nominal Capital |
: 7.758.853 |
|
|
Subscribed Capital |
: 7.758.853 |
|
|
Paid up Capital |
: 7.758.853 |
|
Members
|
|
Ondeggia |
Daniele |
|
|
|
Born in Torre del Greco |
(NA) |
on 12/01/1965 |
- Fiscal Code : NDGDNL65A12L259L |
|
|
|
Residence: |
|
Borgomanero |
, 50 |
- 28040 |
Paruzzaro |
(NO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Liquidator |
16/07/2013 |
|
|
|
|
No Protests registered |
|
|
Borgna |
Paolo |
|
|
|
Born in Borgomanero |
(NO) |
on 07/11/1947 |
- Fiscal Code : BRGPLA47S07B019Q |
|
|
|
Residence: |
|
Cavallotti |
, 7 |
- 28100 |
Novara |
(NO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Receiver |
30/07/2013 |
|
|
|
|
No Protests registered |
|
|
Ferla |
Simonetta |
|
|
|
Born in Trivero |
(VC) |
on 10/05/1961 |
- Fiscal Code : FRLSNT61E50L436E |
|
|
|
Residence: |
|
Corteggiano |
, 24 |
- 13836 |
Cossato |
(BI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
25/07/2012 |
|
|
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Cristina |
Stefano |
|
|
|
Born in Borgomanero |
(NO) |
on 26/03/1971 |
- Fiscal Code : CRSSFN71C26B019M |
|
|
|
Residence: |
|
Borgomanero |
, 50 |
- 28040 |
Paruzzaro |
(NO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
25/07/2012 |
|
|
|
Liquidator |
16/07/2013 |
|
|
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Silvestri |
Riccardo |
|
|
|
Born in Borgomanero |
(NO) |
on 20/02/1967 |
- Fiscal Code : SLVRCR67B20B019R |
|
|
|
Residence: |
|
Borgomanero |
, 50 |
- 28040 |
Paruzzaro |
(NO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Liquidator |
16/07/2013 |
|
|
|
|
No Protests registered |
|
|
Jal Group Participations Sarl |
|
|
|
|
Position |
Since |
Shares Amount |
% Ownership |
|
Sole partner |
17/12/2003 |
|
|
|
|
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.
|
|
Ondeggia |
Daniele |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Ucar Specialties S.r.l. |
Malonno (BS) - IT - |
02397910965 |
Sole Director |
Withdrawn |
Ceased |
|
Plus It - Societa' Per Azioni |
Pettoranello del Molise (IS) - IT - |
00830790945 |
Procurator |
Withdrawn |
The company is insolvent. |
|
JAL GROUP FRANCE |
St. Hippolyte Du Fort - FR - |
1956B00005 |
Board Chairman |
Active |
Registered |
|
Brands Partners 3 Spa |
Paruzzaro (NO) - IT - |
07054300962 |
Managing Director |
Withdrawn |
Registered |
|
Brands Partners 3 Spa |
Paruzzaro (NO) - IT - |
07054300962 |
Director |
Withdrawn |
Registered |
|
Jal Group Germany Lupos GmbH |
Wetzlar - DE - |
6134 |
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 |
|
Jal Group Participations Sarl |
|
|
|
100,00 |
Direct Participations
The Company under review has no participations in other Companies.
Firm's location and structure
|
- |
Legal and operative seat |
|
|
|
|
|
|
|
Borgomanero |
, 50 |
- 28040 |
- Paruzzaro |
(NO) |
- IT - |
|
|
|
|
PHONE |
: 0322539111 |
|
|
|
|
FAX |
: 032253402 |
|
- |
Branch |
(Factory) |
since 30/10/2000 |
|
|
|
|
|
|
Olubi |
, 1 |
- 28013 |
- Gattico |
(NO) |
- IT - |
|
- |
Branch |
(office) |
since 30/10/2000 |
|
|
|
|
|
|
Del Popolo |
, 47 |
- 28041 |
- Arona |
(NO) |
- IT - |
|
- |
Branch |
(Warehouse) |
since 30/10/2000 |
|
|
|
|
|
Walter Zapp Str. 4 |
- Wetzlar |
- IT - |
|
- |
Branch |
(Factory) |
since 01/12/2001 |
|
|
|
|
|
|
Papa Giovanni Xxiii |
, 23 |
- 70059 |
- Trani |
(BA) |
- IT - |
|
|
|
|
Employees |
: 80 |
|
Fittings and Equipment for a value of 80.000 |
Eur |
|
Stocks for a value of 14.720.000 |
Eur |
Trade organization: direct or by agents.
The company sells in Italy and abroad.
The company supplies wholesalers and resellers.
|
|
The firm operates abroad as importer / exporter..
Import comes generally from the following nations:
|
- Tunisia |
|
- India |
|
- |
Export is mainly towards:
|
- Svizzera |
|
- Canada |
|
- Europa |
|
- Scandinavia |
The subject firm uses the following own selling brands:
|
- JALLATTE |
|
- AIMONT |
|
- LUPOS |
|
- ALMAR |
|
- AUDA |
Traded Brands / Suppliers
|
- Fa.In.Plast. Srl |
|
- Lupos |
|
- Jallatte |
|
- Auda |
Historical Information and/or Firm's Status
EX-MEMBERS / EX-POSITIONS:
|
|
Augustin |
Georg |
|
|
|
Born in Bolzano |
(BZ) |
on 15/05/1961 |
- Fiscal Code : GSTGRG61E15A952H |
|
|
|
Residence: |
|
Wittgens Fernanda |
, 6 |
- 20123 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Permanent Auditor |
|
|
Baroni |
Jean Paul |
|
|
|
Born in Parigi |
( ) |
on 09/12/1965 |
- Fiscal Code : BRNJPL65T09Z110M |
|
|
|
Residence: |
|
Cornaggia |
, 10 |
- 20100 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
|
Salvi |
Giulio |
|
|
|
Born in Milano |
(MI) |
on 03/05/1963 |
- Fiscal Code : SLVGLI63E03F205E |
|
|
|
Residence: |
|
Wittgens |
, 6 |
- 20100 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Chairman of the Board of Aud. |
|
|
Pizzorni |
Giuseppe |
|
|
|
Born in Acqui Terme |
(AL) |
on 07/09/1963 |
- Fiscal Code : PZZGPP63P07A052U |
|
|
|
Residence: |
|
Wittgens |
, 6 |
- 20123 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
|
Merlo |
Ambrogio |
|
|
|
Born in Briosco |
(MB) |
on 27/03/1959 |
- Fiscal Code : MRLMRG59C27B187H |
|
|
|
Residence: |
|
Del Pignone |
, 10 |
- 20040 |
Briosco |
(MB) |
- IT - |
|
Ex-Postions |
|
Director |
|
|
Gandini |
Franco |
|
|
|
Born in Galliate |
(NO) |
on 17/08/1966 |
- Fiscal Code : GNDFNC66M17D872X |
|
|
|
Residence: |
|
Vittorio Veneto |
, 119 |
- 28040 |
Oleggio Castello |
(NO) |
- IT - |
|
Ex-Postions |
|
Sole Director |
|
|
Biscozzi |
Maria Antonietta |
|
|
|
Born in Gallipoli |
(LE) |
on 07/02/1964 |
- Fiscal Code : BSCMNT64B47D883V |
|
|
|
Residence: |
|
A. Quarta |
, 128 |
- 73043 |
Copertino |
(LE) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
|
Chiari |
Cristina |
|
|
|
Born in Legnano |
(MI) |
on 22/11/1970 |
- Fiscal Code : CHRCST70S62E514Q |
|
|
|
Residence: |
|
Orazio |
, 23 |
- 20023 |
Cerro Maggiore |
(MI) |
- IT - |
|
Ex-Postions |
|
Permanent Auditor |
|
|
Ondeggia |
Daniele |
|
|
|
Born in Torre del Greco |
(NA) |
on 12/01/1965 |
- Fiscal Code : NDGDNL65A12L259L |
|
|
|
Residence: |
|
Borgomanero |
, 50 |
- 28040 |
Paruzzaro |
(NO) |
- IT - |
|
Ex-Postions |
|
Director |
|
Board Chairman |
|
Managing Director |
|
|
Du Fort Partecipations S.a.r.l. |
|
|
|
|
Ex-Postions |
|
Sole partner |
|
|
Falco |
Giovanni |
|
|
|
Born in Legnano |
(MI) |
on 17/11/1963 |
- Fiscal Code : FLCGNN63S17E514N |
|
|
|
Residence: |
|
Filzi |
, 19 |
- 20025 |
Legnano |
(MI) |
- IT - |
|
Ex-Postions |
|
Sole Director |
|
Sole Director |
|
|
Du Fort Partecipations S.a.r.l. |
|
|
|
|
Ex-Postions |
|
Sole partner |
|
|
Jal Group Participations Sarl |
|
|
|
|
Ex-Postions |
|
Sole partner |
|
|
Jal Group Participations Sarl |
|
|
|
|
Ex-Postions |
|
Sole partner |
|
|
Jal Group Participations Sarl |
|
|
|
|
Ex-Postions |
|
Sole partner |
|
|
Jal Group Participations Sarl |
|
|
|
|
Ex-Postions |
|
Sole partner |
|
|
Jal Group Participations Sarl |
|
|
|
|
Ex-Postions |
|
Sole partner |
|
|
Karim |
Marzouk |
|
|
|
Born in Sidi Bouzid |
( ) |
on 23/12/1955 |
|
|
|
Residence: |
Bloc A Les Jardin Du Lac |
, 1053 |
La Perle Du Lac - Tunisi |
- TN - |
|
Ex-Postions |
|
Director |
|
|
Jal Group Participations Sarl |
|
|
|
|
Ex-Postions |
|
Sole partner |
|
|
Jal Group Participations Sarl |
|
|
|
|
Ex-Postions |
|
Sole partner |
CEASINGS/INCORPORATIONS/MERGES:
|
|
Subj. is in dissolution and winding-up. |
|
|
|
Date |
: 16/07/2013 |
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
In the name of the firm we report the following events:
|
|
Composition with creditors since 13/12/2013
|
|
Communications linked to procedures |
Bankers
The firm operates with:
|
Bank Name |
Agency Name |
Address |
ZIP Code |
City |
ABI Code |
CAB Code |
|
BANCA NAZIONALE DEL LAVORO SPA |
FILIALE DI NOVARA |
CORSO MAZZINI,4/6 |
28100 |
Novara (NO) |
1005 |
10100 |
|
Banca Popolare di Novara |
|
|
|
|
|
|
|
Banca di Roma |
|
|
|
|
|
|
|
Unicredit Banca |
|
|
|
|
|
|
|
Banca Popolare di Intra |
|
|
|
|
|
|
|
Banca Antonveneta |
|
|
|
|
|
|
Financial and Economical Analysis
Company's starting of activities dates back to 2000.
The analysis is based on the latest 3 balance sheets.
Last financial years have been marked by net losses. The losses incurred
were caused by the decrease in the turnover that marked the last financial
years.
The return on investment in the last financial year was negative
(-17,93%).
The operating result is negative (Eur. -17.850.089).
With regard to GOM, subject closed 2012 financial account with a
negative result (Eur. -2.332.604).
Unbalanced financial position : net worth does not cover debts; the
gearing ratio is in fact high which tends upward.
The equity capital amount is lower than the economic results.
During the last financial year total debts volume reached Eur.
108.189.820 (Eur. 5.995.688 were m/l term ones) increasing if compared to the
previous year, during which they were equal to Eur. 62.148.854 (74,08%).
Payments average period is high and above the average.
Even liquidity range appears to be not completely sufficient.
As far as the collection of credit goes, the average is high (227,33
days). besides being higher than the sector's average.
Managerial cash flow has a minus sign and is equal to Eur. -6.854.975.
During 2012 financial year labour costs amounted to Eur. 5.047.867, with
a 3,34% incidence on production costs. , whereas the incidence on sales
revenues is of 3,83%.
The financial management has a limited economic impact, equal to -0,77%
on the sales.
The presence of detrimental items, apart from the financial-economic
analysis, makes the company not suitable for business transactions on credit
basis.
Financial Data
|
|
|
Complete balance-sheet for the year |
31/12/2012 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
131.717.470 |
|
Profit (Loss) for the period |
-22.372.460 |
|
|
|
Complete balance-sheet for the year |
31/12/2011 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
145.694.720 |
|
Profit (Loss) for the period |
-1.270.444 |
|
|
|
Complete balance-sheet for the year |
31/12/2010 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
149.016.660 |
|
Profit (Loss) for the period |
-2.206.782 |
|
|
|
Complete balance-sheet for the year |
31/12/2009 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
129.313.215 |
|
Profit (Loss) for the period |
294.779 |
|
|
|
Complete balance-sheet for the year |
31/12/2008 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
122.798.569 |
|
Profit (Loss) for the period |
457.358 |
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 |
|
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|
|
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 |
0,00 |
0,02 |
0,02 |
0,19 |
|
Elasticity Ratio |
Units |
1,00 |
0,98 |
0,97 |
0,80 |
|
Availability of stock |
Units |
0,15 |
0,23 |
0,22 |
0,24 |
|
Total Liquidity Ratio |
Units |
0,85 |
0,75 |
0,75 |
0,50 |
|
Quick Ratio |
Units |
0,00 |
0,01 |
0,00 |
0,04 |
|
COMPOSITION ON SOURCE |
|
|
|
|
|
|
Net Short-term indebtedness |
Units |
n.c. |
7,87 |
5,76 |
3,49 |
|
Self Financing Ratio |
Units |
n.c. |
0,10 |
0,13 |
0,18 |
|
Capital protection Ratio |
Units |
n.c. |
0,17 |
0,39 |
0,70 |
|
Liabilities consolidation quotient |
Units |
0,06 |
0,01 |
0,09 |
0,18 |
|
Financing |
Units |
n.c. |
7,95 |
6,21 |
4,27 |
|
Permanent Indebtedness Ratio |
Units |
n.c. |
0,11 |
0,20 |
0,33 |
|
M/L term Debts Ratio |
Units |
0,07 |
0,01 |
0,07 |
0,11 |
|
Net Financial Indebtedness Ratio |
Units |
n.c. |
2,32 |
1,62 |
1,13 |
|
CORRELATION |
|
|
|
|
|
|
Fixed assets ratio |
Units |
n.c. |
5,92 |
9,35 |
1,55 |
|
Current ratio |
Units |
0,97 |
1,19 |
1,29 |
1,17 |
|
Acid Test Ratio-Liquidity Ratio |
Units |
0,83 |
0,92 |
1,00 |
0,78 |
|
Structure's primary quotient |
Units |
n.c. |
5,40 |
6,09 |
0,92 |
|
Treasury's primary quotient |
Units |
0,00 |
0,01 |
0,00 |
0,05 |
|
Rate of indebtedness ( Leverage ) |
% |
n.c. |
971,38 |
767,63 |
550,20 |
|
Current Capital ( net ) |
Value |
-2.930.669 |
12.017.212 |
15.415.260 |
287.582 |
|
RETURN |
|
|
|
|
|
|
Return on Sales |
% |
-5,20 |
-0,28 |
-0,96 |
2,35 |
|
Return on Equity - Net- ( R.O.E. ) |
% |
n.c. |
-16,25 |
-24,28 |
4,20 |
|
Return on Equity - Gross - ( R.O.E. ) |
% |
n.c. |
-25,05 |
-20,31 |
12,89 |
|
Return on Investment ( R.O.I. ) |
% |
-17,93 |
0,67 |
0,72 |
4,43 |
|
Return/ Sales |
% |
-13,55 |
0,35 |
0,34 |
3,15 |
|
Extra Management revenues/charges incid. |
% |
n.c. |
-250,32 |
-437,25 |
20,02 |
|
Cash Flow |
Value |
-6.854.975 |
-408.281 |
-1.432.289 |
101.373 |
|
Operating Profit |
Value |
-17.850.089 |
507.523 |
504.694 |
119.132 |
|
Gross Operating Margin |
Value |
-2.332.604 |
2.269.686 |
1.279.187 |
246.882 |
|
MANAGEMENT |
|
|
|
|
|
|
Credits to clients average term |
Days |
227,33 |
90,48 |
109,80 |
88,11 |
|
Debts to suppliers average term |
Days |
255,40 |
107,15 |
100,25 |
98,41 |
|
Average stock waiting period |
Days |
40,23 |
42,30 |
37,40 |
59,58 |
|
Rate of capital employed return ( Turnover ) |
Units |
1,32 |
1,92 |
2,14 |
1,40 |
|
Rate of stock return |
Units |
8,95 |
8,51 |
9,63 |
6,04 |
|
Labour cost incidence |
% |
3,83 |
3,74 |
4,52 |
15,38 |
|
Net financial revenues/ charges incidence |
% |
-0,77 |
-0,59 |
-0,35 |
-1,52 |
|
Labour cost on purchasing expenses |
% |
3,34 |
3,70 |
4,51 |
15,21 |
|
Short-term financing charges |
% |
0,95 |
1,56 |
0,94 |
3,16 |
|
Capital on hand |
% |
75,60 |
52,13 |
46,82 |
71,49 |
|
Sales pro employee |
Value |
838.964 |
1.456.947 |
1.460.947 |
195.712 |
|
Labour cost pro employee |
Value |
32.152 |
54.512 |
66.064 |
29.600 |
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 1.066 significant companies.
The companies cash their credits on an average of 88 dd.
The average duration of suppliers debts is about 98 dd.
The sector's profitability is on an average of 2,35%.
The labour cost affects the turnover in the measure of 15,38%.
Goods are held in stock in a range of 60 dd.
The difference between the sales volume and the resources used to realize
it is about 1,40.
The employees costs represent the 15,21% of the production costs.
Statistical Detrimental Data
Statistically the trade activity passes through serious crises.
The area is statistically considered moderately risky.
In the region 27.019 protested subjects are found; in the province they
count to 2.505.
The insolvency index for the region is 0,63, , while for the province it
is 0,71.
Total Bankrupt companies in the province : 1.102.
Total Bankrupt companies in the region : 14.165.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.41 |
|
|
1 |
Rs.102.54 |
|
Euro |
1 |
Rs.85.20 |
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.