MIRA
INFORM REPORT
|
Report Date : |
30.07.2014 |
IDENTIFICATION DETAILS
|
Name : |
G. ANGELONI
S.R.L. |
|
|
|
|
Registered Office : |
Via Abate Tommaso, 72 A/5, 30020 - Quarto
d'Altino (VE) |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2012 |
|
|
|
|
Date of Incorporation : |
25.09.1985 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
· Engaged in Retail sale of information and telcommunication equipment (ICT) in Specialised Stores Engaged
in Retail sale of Hardware,
Paints, Flat Glass and Building Materials in Specialised Stores Subject product
ranges includes:- Fabrics · Carbon Aramidic
Hm Polyester
Hm Glass Hybrid Vectran Alutex Innovative
Tex Dynanotex Multiaxial · Glass Carbon Prepregs · Epoxy Resins · Epoxy Gel-Coats
- Mastici - Fillers Tooling Stickers Polyester
Resin Vinylester
Resins Stickers Aec
Polymers · Stickers Aec Polymers Silicone Rubber
Gasil. · Sitema "Agile" Polyaddition Sandwich · Core Materials Vacuum
Technology Infusion Auxiliary · Fillers And Additives |
|
|
|
|
No of Employees : |
17 |
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 01, 2014
|
Country Name |
Previous Rating (31.03.2014) |
Current Rating (01.06.2014) |
|
Italy |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low Risk |
A2 |
|
Moderate Low Risk |
B1 |
|
Moderate Risk |
B2 |
|
Moderate High Risk |
C1 |
|
High Risk |
C2 |
|
Very High Risk |
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 & address
G. Angeloni S.r.l.
Via Abate Tommaso, 72
A/5
30020 - Quarto d'Altino (VE) -IT-
Summary
|
Fiscal Code |
: |
02043230271 |
|
Legal Form |
: |
Limited liability company |
|
start of Activities |
: |
25/09/1985 |
|
Equity |
: |
Over 2.582.254 |
|
Turnover Range |
: |
15.500.000/18.000.000 |
|
Number of Employees |
: |
17 |
Activity
· Engaged in Retail sale of information and telcommunication equipment (ICT) in Specialised Stores
Engaged
in Retail sale of Hardware,
Paints, Flat Glass and Building Materials in Specialised Stores
Subject product
ranges includes:
Fabrics
· Carbon
Aramidic
Hm
Polyester
Hm
Glass
Hybrid
Vectran
Alutex
Innovative
Tex
Dynanotex
Multiaxial
· Glass
Carbon
Prepregs
· Epoxy
Resins
· Epoxy
Gel-Coats
- Mastici - Fillers
Tooling
Stickers
Polyester
Resin
Vinylester
Resins
Stickers Aec
Polymers
· Stickers Aec Polymers
Silicone Rubber
Gasil.
· Sitema "Agile"
Polyaddition
Sandwich
· Core Materials
Vacuum Technology
Infusion
Auxiliary
·
Fillers And Additives
Legal Data
Legal Form : Limited liability company
|
Fiscal Code : 02043230271 |
|
Foreign Trade Reg. no. : VE002195 since
25/11/1991 |
|
Foreign Trade Reg. no. : 2195 of Venezia |
|
Foreign Trade Reg. no. : 002195 of Venezia
since 25/11/1991 |
|
Foreign Trade Reg. no. : M885494 of
Venezia |
|
Chamber of Commerce no. : 193164 of
Venezia since 11/11/1985 |
|
Firms' Register : VE042-25753 of Venezia
since 19/02/1996 |
|
V.A.T. Code : 02043230271 |
|
Foundation date |
: 25/09/1985 |
|
|
Establishment date |
: 25/09/1985 |
|
|
Start of Activities |
: 25/09/1985 |
|
|
Legal duration |
: 31/12/2050 |
|
|
Nominal Capital |
: 98.800 |
|
|
Subscribed Capital |
: 98.800 |
|
|
Paid up Capital |
: 98.800 |
|
Members
|
|
Angeloni |
Matteo |
|
|
|
Born in Trieste |
(TS) |
on 01/04/1987 |
- Fiscal Code : NGLMTT87D01L424J |
|
|
|
Residence: |
|
G.garibaldi |
, 141 |
- 30174 |
Venezia |
(VE) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
08/09/2011 |
|
|
|
|
ANGELONI MARCO |
|
|
|
|
Born |
on 21/04/1958 |
- Fiscal Code : NGLMRC58D21L736Y |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Partner |
|
|
|
|
|
No Prejudicial
events are reported |
|
|
No Protests
registered |
|
|
Angeloni |
Marco |
|
|
|
Born in Venezia |
(VE) |
on 21/04/1958 |
- Fiscal Code : NGLMRC58D21F159J |
|
|
|
Residence: |
|
Stuparich |
, 1 |
- 30170 |
Venezia |
(VE) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Assistant board Chairman |
08/09/2011 |
|
|
|
Director |
08/09/2011 |
|
|
|
|
No Prejudicial
events are reported |
|
|
No Protests
registered |
|
|
Angeloni |
Mario |
|
|
|
Born in Milano |
(MI) |
on 23/12/1956 |
- Fiscal Code : NGLMRA56T23F205L |
|
|
|
Residence: |
|
Marsala |
, 18 |
- 30170 |
Venezia |
(VE) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Board Chairman |
08/09/2011 |
|
|
|
Director |
08/09/2011 |
|
|
|
|
No Prejudicial
events are reported |
|
|
No Protests
registered |
|
|
Di Benedetto |
Carla |
|
|
|
Born in Milano |
(MI) |
on 18/03/1933 |
- Fiscal Code : DBNCRL33C58F205H |
|
|
|
Residence: |
|
Marsala |
, 18 |
- 30170 |
Venezia |
(VE) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
08/09/2011 |
|
|
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.
|
|
Angeloni |
Mario |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Angeloni Mario |
Venezia - Mestre (VE) - IT - |
NGLMRA56T23F205L |
Proprietor |
Withdrawn |
Ceased |
|
Tecno-rappresentanze Di Angeloni Mario EC.
S.a.s. |
Venezia - Mestre (VE) - IT - |
01742060278 |
General Partner |
Withdrawn |
Ceased |
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 |
|
Angeloni Mario |
Venezia - IT - |
NGLMRA56T23F205L |
38.147 .Eur |
38,61 |
|
ANGELONI SILVIA |
Venezia - IT - |
NGLSLV63L68L736K |
22.504 .Eur |
22,77 |
|
ANGELONI MARCO |
|
NGLMRC58D21L736Y |
36.240 .Eur |
36,68 |
|
Angeloni Matteo |
Venezia - IT - |
NGLMTT87D01L424J |
1.907 .Eur |
1,93 |
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 |
|
Angeloni Fine Arts S.r.l. |
|
03716430271 |
2.000 .Eur |
10,00 |
|
|
Active |
|
Dynanotex S.r.l. |
|
03781230275 |
21.000 .Eur |
70,00 |
|
|
Active |
Firm's location and structure
In order to carry out its activities the firm
uses the following locations:
|
- |
Legal and
operative seat |
|
|
|
|
|
|
|
Abate Tommaso |
, 72 A/5 |
- 30020 |
- Quarto d'Altino |
(VE) |
- IT - |
|
|
|
|
PHONE |
: 0422780580 |
|
- |
Branch |
(Warehouse) |
since 25/09/1985 |
|
|
|
|
|
|
Marsala |
, 18 |
- 30100 |
- Venezia |
(VE) |
- IT - |
|
|
|
|
PHONE |
: 041942980 |
|
- |
Branch |
(office) |
since 01/08/2001 |
|
|
|
|
|
|
Abbate Tommaso |
, 72/A |
- 30020 |
- Quarto d'Altino |
(VE) |
- IT - |
|
|
|
|
Employees |
: 17 |
|
Fittings and Equipment for a value of
120.000 |
Eur |
|
Stocks for a value of 4.060.000 |
Eur |
The firm has a direct commercial
organization
Sales are on a local scale.
|
|
The firm operates abroad as importer..
To purchase foreign products the firm uses
the following channels :
|
- direct orders to foreign companies |
Import comes generally from the following
nations:
|
- Italy |
|
- Austria |
|
- France |
|
- Germany |
Historical Information and/or Firm's Status
CHANGES TO THE
LEGAL FORM:
|
Former legal form |
New legal form |
Changement Date |
|
Family business |
General partnership |
25/09/1985 |
|
General partnership |
Limited liability company |
28/12/1993 |
COMPANY STYLE
MODIFICATIONS:
|
Former Style |
New Style |
Changement Date |
|
Angeloni G. S.n.c. di Angeloni
Giancarloeamp; C. |
G. Angeloni S.r.l. |
28/12/1993 |
EX-MEMBERS /
EX-POSITIONS:
|
|
Angeloni |
Giancarlo |
|
|
|
Born in CESENA |
(FO) |
on 27/10/1926 |
- Fiscal Code : NGLGCR26R27C573V |
|
|
|
Residence: |
|
MARSALA |
, 18 |
- 30100 |
Venezia |
(VE) |
- IT - |
|
Ex-Positions |
|
Partner |
|
Chairman |
|
Board Chairman |
|
Director |
|
|
Di Benedetto |
Carla |
|
|
|
Born in Milano |
(MI) |
on 18/03/1933 |
- Fiscal Code : DBNCRL33C58F205H |
|
|
|
Residence: |
|
Marsala |
, 18 |
- 30170 |
Venezia |
(VE) |
- IT - |
|
Ex-Positions |
|
Partner |
|
Managing Director |
|
|
Angeloni |
Mario |
|
|
|
Born in Milano |
(MI) |
on 23/12/1956 |
- Fiscal Code : NGLMRA56T23F205L |
|
|
|
Residence: |
|
Marsala |
, 18 |
- 30170 |
Venezia |
(VE) |
- IT - |
|
Ex-Positions |
|
Partner |
|
Managing Director |
|
|
Angeloni |
Marco |
|
|
|
Born in Venezia |
(VE) |
on 21/04/1958 |
- Fiscal Code : NGLMRC58D21F159J |
|
|
|
Residence: |
|
Stuparich |
, 1 |
- 30170 |
Venezia |
(VE) |
- IT - |
|
Ex-Positions |
|
Managing Director |
|
|
ANGELONI |
SILVIA |
|
|
|
Born in VENEZIA |
(VE) |
on 28/07/1963 |
- Fiscal Code : NGLSLV63L68L736K |
|
|
|
Residence: |
|
GARIBALDI |
, 47/A |
- 30100 |
Venezia |
(VE) |
- IT - |
|
Ex-Positions |
|
Director |
|
|
Candiotto |
Federica |
|
|
|
Born in Venezia |
(VE) |
on 11/06/1969 |
- Fiscal Code : CNDFRC69H51F159N |
|
|
|
Residence: |
|
Miranese |
, 21 |
- 30174 |
Venezia |
(VE) |
- IT - |
|
Ex-Positions |
|
Permanent Auditor |
|
|
Venturini |
Monica |
|
|
|
Born in Venezia |
(VE) |
on 25/03/1973 |
- Fiscal Code : VNTMNC73C65L736F |
|
|
|
Residence: |
|
Leonardo Da Vinci |
, 8 |
- 30174 |
Venezia |
(VE) |
- IT - |
|
Ex-Positions |
|
Temporary Auditor |
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 |
|
CASSAMARCA SPA |
|
|
|
|
6035 |
0 |
|
CASSA DI RISPARMIO DI VENEZIA |
|
|
|
|
6345 |
0 |
Financial and Economical Analysis
The company is active since 1985
An eco-fin analysis has been made on the
base od the b/s fo the years 2010, 2011 and 2012.
Under an economic point of view, profits
were registered during the last years with a r.o.e. of 13,77% in 2012 with a
good increase in turnover (+14,12% in 2012 compared to 2011 and +16,04% in 2011
compared to 2010).
The operating result in 2012 was positive
(10,43%) and reflects the field's average.
The operating result is positive and amounts
to Eur. 942.240 with an increase of 27,62% if the compared to the previous
financial year.
The G.O.M. amounted to Eur. 1.041.476 with a
23,89% increase as opposed to the preceding year.
The analysis shows a fair financial position
as the indebtedness volume is acceptable (1,43) with an improving trend as on
the decrease.
With regard to equity capital, an amount of
Eur. 3.457.303 is registered. , stable in comparison with the value of the
previous year.
Total indebtedness totalled Eur. 5.174.664,
on the same levels as the year before.
The company does not exceed in bank credits;
payments average period is instead slightly high (109,51 gg.) but lower than
the field average.
It shows a good range of liquidity.
As far as the collection of credit goes, the
average is high (97,11 days). besides being higher than the sector's average.
As far as the cash flow is concerned during
the latest financial year it amounted to Eur. 575.348
Labour cost amounts to Eur. 945.752, with a
6,38% incidence on production costs. , with a 6,08% incidence on turnover.
If compared to the sales volume (-0,21%),
the impact of the financial charges is limited.
Financial Data
|
|
|
Complete balance-sheet for the year |
al 31/12/2012 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
15.564.417 |
|
Profit (Loss) for the period |
476.112 |
|
|
|
Complete balance-sheet for the year |
al 31/12/2011 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
13.638.216 |
|
Profit (Loss) for the period |
416.399 |
|
|
|
Complete balance-sheet for the year |
al 31/12/2010 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
11.752.755 |
|
Profit (Loss) for the period |
451.734 |
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 |
0,02 |
0,03 |
0,03 |
0,13 |
|
Elasticity Ratio |
Units |
0,97 |
0,97 |
0,96 |
0,86 |
|
Availability of stock |
Units |
0,45 |
0,48 |
0,40 |
0,43 |
|
Total Liquidity Ratio |
Units |
0,52 |
0,49 |
0,56 |
0,31 |
|
Quick Ratio |
Units |
0,02 |
0,00 |
0,00 |
0,03 |
|
COMPOSITION ON
SOURCE |
|
|
|
|
|
|
Net Short-term indebtedness |
Units |
1,43 |
1,76 |
1,72 |
3,98 |
|
Self Financing Ratio |
Units |
0,38 |
0,35 |
0,35 |
0,15 |
|
Capital protection Ratio |
Units |
0,83 |
0,83 |
0,79 |
0,63 |
|
Liabilities consolidation quotient |
Units |
0,06 |
0,05 |
0,06 |
0,18 |
|
Financing |
Units |
1,50 |
1,77 |
1,72 |
5,26 |
|
Permanent Indebtedness Ratio |
Units |
0,42 |
0,38 |
0,38 |
0,33 |
|
M/L term Debts Ratio |
Units |
0,03 |
0,03 |
0,03 |
0,11 |
|
Net Financial Indebtedness Ratio |
Units |
0,19 |
0,48 |
0,36 |
0,90 |
|
CORRELATION |
|
|
|
|
|
|
Fixed assets ratio |
Units |
20,09 |
13,42 |
12,27 |
2,05 |
|
Current ratio |
Units |
1,70 |
1,58 |
1,59 |
1,18 |
|
Acid Test Ratio-Liquidity Ratio |
Units |
0,91 |
0,80 |
0,93 |
0,51 |
|
Structure's primary quotient |
Units |
18,46 |
12,31 |
11,20 |
1,01 |
|
Treasury's primary quotient |
Units |
0,04 |
0,00 |
0,00 |
0,05 |
|
Rate of indebtedness ( Leverage ) |
% |
261,38 |
288,85 |
284,83 |
648,19 |
|
Current Capital ( net ) |
Value |
3.602.721 |
3.050.883 |
2.620.057 |
102.498 |
|
RETURN |
|
|
|
|
|
|
Return on Sales |
% |
3,70 |
3,80 |
4,57 |
2,38 |
|
Return on Equity - Net- ( R.O.E. ) |
% |
13,77 |
13,97 |
17,61 |
3,81 |
|
Return on Equity - Gross - ( R.O.E. ) |
% |
23,23 |
24,76 |
28,83 |
11,92 |
|
Return on Investment ( R.O.I. ) |
% |
10,43 |
8,57 |
10,13 |
3,28 |
|
Return/ Sales |
% |
6,05 |
5,41 |
6,30 |
3,01 |
|
Extra Management revenues/charges incid. |
% |
50,53 |
56,40 |
61,05 |
24,55 |
|
Cash Flow |
Value |
575.348 |
518.711 |
537.226 |
25.464 |
|
Operating Profit |
Value |
942.240 |
738.277 |
739.946 |
32.755 |
|
Gross Operating Margin |
Value |
1.041.476 |
840.589 |
825.438 |
54.739 |
|
MANAGEMENT |
|
|
|
|
|
|
Credits to clients average term |
Days |
97,11 |
104,21 |
116,90 |
61,66 |
|
Debts to suppliers average term |
Days |
109,51 |
99,73 |
111,31 |
139,97 |
|
Average stock waiting period |
Days |
93,90 |
108,87 |
90,08 |
132,27 |
|
Rate of capital employed return ( Turnover
) |
Units |
1,72 |
1,58 |
1,61 |
1,09 |
|
Rate of stock return |
Units |
3,83 |
3,31 |
4,00 |
2,67 |
|
Labour cost incidence |
% |
6,08 |
6,80 |
7,41 |
10,50 |
|
Net financial revenues/ charges incidence |
% |
-0,21 |
-0,16 |
-0,11 |
-1,44 |
|
Labour cost on purchasing expenses |
% |
6,38 |
7,10 |
7,79 |
10,43 |
|
Short-term financing charges |
% |
0,65 |
0,45 |
0,31 |
2,33 |
|
Capital on hand |
% |
58,06 |
63,14 |
62,16 |
91,36 |
|
Sales pro employee |
Value |
536.704 |
487.079 |
783.517 |
286.155 |
|
Labour cost pro employee |
Value |
32.612 |
33.110 |
58.083 |
32.316 |
Market / Territory Data
|
Population living in the province |
: |
829.418 |
|
Population living in the region |
: |
4.699.950 |
|
Number of families in the region |
: |
1.813.210 |
Monthly family expenses average in the
region (in Eur..) :
|
- per food products |
: |
456 |
|
- per non food products |
: |
2.052 |
|
- per energy consume |
: |
127 |
Sector Data
The values are calculated on a base of 4.015
significant companies.
The companies cash their credits on an
average of 62 dd.
The average duration of suppliers debts is
about 140 dd.
The sector's profitability is on an average
of 2,38%.
The labour cost affects the turnover in the
measure of 10,50%.
Goods are held in stock in a range of 132
dd.
The difference between the sales volume and
the resources used to realize it is about 1,09.
The employees costs represent the 10,43% of
the production costs.
Statistical Detrimental Data
Statistically the trade activity shows
periods of crisis.
The area is statistically considered lowly
risky.
In the region 13.782 protested subjects are
found; in the province they count to 2.633.
The insolvency index for the region is 0,30,
, while for the province it is 0,32.
Total Bankrupt companies in the province :
2.924.
Total Bankrupt companies in the region :
16.714.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.60.10 |
|
UK Pound |
1 |
Rs.102.04 |
|
Euro |
1 |
Rs.80.74 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
MNL |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest capability
for timely payment of interest and principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
|
56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
-- |
NB |
New Business |
-- |
This score serves as a reference to assess SC’s credit risk
and to set the amount of credit to be extended. It is calculated from a composite
of weighted scores obtained from each of the major sections of this report. The
assessed factors and their relative weights (as indicated through %) are as
follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.