MIRA INFORM REPORT

 

 

Report Date :

25.06.2014

 

IDENTIFICATION DETAILS

 

Name :

WUERTH S.R.L. - G.M.B.H.

 

 

Registered Office :

Via Stazione, 51,

39044 – Egna (BZ)

 

 

Country :

Italy

 

 

Financials (as on) :

31.12.2013

 

 

Date of Incorporation :

26.02.1963

 

 

Legal Form :

Sole-Member Limited Liability Company

 

 

Line of Business :

·         Manufacture of tools

·         Wholesale of agricultural machinery, equipment and supplies (including farm tractors)

·         Wholesale of non-ferrous metals and semi-finished products

 

 

No. of Employees :

2.444

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

 

Status :

Moderate

Payment Behaviour :

Slow but correct

Litigation :

Clear

 

NOTES :

Any query related to this report can be made on e-mail : infodept@mirainform.com while quoting report number, name and date.

 

 

ECGC Country Risk Classification List – March 31, 2014

 

Country Name

Previous Rating

(31.12.2013)

Current Rating

(31.03.2014)

Italy

A2

A2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low Risk

 

A2

Moderately Low Risk

 

B1

Moderate Risk

 

B2

Moderately 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 and address

 

WUERTH S.R.L. - G.M.B.H.

 

Via Stazione, 51 

 

39044 – Egna (BZ) -IT-

 

 

Summary

 

Fiscal Code

:

00125230219

Legal Form

:

Sole-Member Limited Liability Company

start of Activities

:

26/02/1963

Equity

:

Over 2.582.254

Turnover Range

:

over 129.114.224

Number of Employees

:

more than 1500

Group

:

Wuerth

 

 

Activity

 

Manufacture of tools

Wholesale of agricultural machinery, equipment and supplies (including farm tractors)

Wholesale of non-ferrous metals and semi-finished products

 

 

Legal Data

 

Legal Form : Sole-Member Limited Liability Company

Fiscal Code : 00125230219

 

Municipal Licence : 124 of since 11/01/1988

 

Foreign Trade Reg. no. : BZ002103 since 18/09/1997

 

Chamber of Commerce no. : 183553 of Ancona

 

Chamber of Commerce no. : 190549 of Ascoli Piceno

 

Chamber of Commerce no. : 120012 of L'Aquila

 

Chamber of Commerce no. : 99068 of Asti

 

Chamber of Commerce no. : 144645 of Avellino

 

Chamber of Commerce no. : 492315 of Bari

 

Chamber of Commerce no. : 347102 of Bergamo

 

Chamber of Commerce no. : 189253 of Biella

 

Chamber of Commerce no. : 128116 of Benevento

 

Chamber of Commerce no. : 406213 of Bologna

 

Chamber of Commerce no. : 454503 of Brescia

 

Chamber of Commerce no. : 56205 of Bolzano since 03/04/1963

 

Chamber of Commerce no. : 200483 of Cagliari

 

Chamber of Commerce no. : 125833 of Campobasso

 

Chamber of Commerce no. : 265501 of Caserta

 

Chamber of Commerce no. : 278085 of Cuneo

 

Chamber of Commerce no. : 266049 of Como

 

Chamber of Commerce no. : 167150 of Cremona

 

Chamber of Commerce no. : 162953 of Cosenza

 

Chamber of Commerce no. : 315019 of Catania

 

Chamber of Commerce no. : 191293 of Catanzaro

 

Chamber of Commerce no. : 192574 of Ferrara

 

Chamber of Commerce no. : 279560 of Foggia

 

Chamber of Commerce no. : 532343 of Firenze

 

Chamber of Commerce no. : 312035 of Forli'

 

Chamber of Commerce no. : 164547 of Frosinone

 

Chamber of Commerce no. : 433367 of Genova

 

Chamber of Commerce no. : 70888 of Gorizia

 

Chamber of Commerce no. : 128886 of Grosseto

 

Chamber of Commerce no. : 116533 of Imperia

 

Chamber of Commerce no. : 305717 of Lecco

 

Chamber of Commerce no. : 288647 of Lecce

 

Chamber of Commerce no. : 148993 of Livorno

 

Chamber of Commerce no. : 186872 of Latina

 

Chamber of Commerce no. : 172535 of Lucca

 

Chamber of Commerce no. : 1711012 of Monza e Brianza

 

Chamber of Commerce no. : 179222 of Messina

 

Chamber of Commerce no. : 1711012 of Milano

 

Chamber of Commerce no. : 229461 of Mantova

 

Chamber of Commerce no. : 362104 of Modena

 

Chamber of Commerce no. : 695480 of Napoli

 

Chamber of Commerce no. : 835599 of Napoli

 

Chamber of Commerce no. : 121830 of Oristano

 

Chamber of Commerce no. : 230683 of Palermo

 

Chamber of Commerce no. : 169430 of Piacenza

 

Chamber of Commerce no. : 347563 of Padova

 

Chamber of Commerce no. : 117519 of Pescara

 

Chamber of Commerce no. : 264540 of Perugia

 

Chamber of Commerce no. : 82561 of Pordenone

 

Chamber of Commerce no. : 185982 of Pesaro

 

Chamber of Commerce no. : 255995 of Pavia

 

Chamber of Commerce no. : 137596 of Potenza

 

Chamber of Commerce no. : 187440 of Ravenna

 

Chamber of Commerce no. : 183753 of Reggio Calabria

 

Chamber of Commerce no. : 228901 of Reggio Emilia

 

Chamber of Commerce no. : 270519 of Reggio Emilia

 

Chamber of Commerce no. : 97757 of Ragusa

 

Chamber of Commerce no. : 881559 of Roma

 

Chamber of Commerce no. : 303428 of Rimini

 

Chamber of Commerce no. : 147007 of Rovigo

 

Chamber of Commerce no. : 391234 of Salerno

 

Chamber of Commerce no. : 65436 of Sondrio

 

Chamber of Commerce no. : 121102 of La Spezia

 

Chamber of Commerce no. : 127537 of Sassari

 

Chamber of Commerce no. : 174382 of Taranto

 

Chamber of Commerce no. : 193459 of Trento

 

Chamber of Commerce no. : 955616 of Torino

 

Chamber of Commerce no. : 98731 of Terni

 

Chamber of Commerce no. : 126818 of Trieste

 

Chamber of Commerce no. : 280661 of Treviso

 

Chamber of Commerce no. : 253030 of Udine

 

Chamber of Commerce no. : 305777 of Varese

 

Chamber of Commerce no. : 297809 of Venezia

 

Chamber of Commerce no. : 309865 of Vicenza

 

Chamber of Commerce no. : 284943 of Verona

 

Chamber of Commerce no. : 153165 of Viterbo

 

Firms' Register : BZ008-1883 of Bolzano since 26/02/1996

 

V.A.T. Code : 00125230219

 

R. E. C. no. : 10420 of Bolzano

 

Foundation date

: 26/02/1963

Establishment date

: 26/02/1963

Start of Activities

: 26/02/1963

Legal duration

: 31/12/2050

Nominal Capital

: 25.000.000

Subscribed Capital

: 25.000.000

Paid up Capital

: 25.000.000

 

 

Members

 

Filippin

Daniele

 

Born in Bolzano

(BZ)

on 27/04/1953

- Fiscal Code : FLPDNL53D27A952E

 

Residence:

Via San Pietro

, 24

- 39018

Terlano

(BZ)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

05/10/2009

 

No Prejudicial events are reported

 

No Protests registered

 

Wurth Holding GMBH

 

 

Position

Since

Shares Amount

% Ownership

Partner

 

No Prejudicial events are reported

 

No Protests registered

 

Cosi

Giorgio

 

Born in Bolzano

(BZ)

on 04/08/1964

- Fiscal Code : CSOGRG64M04A952B

 

Residence:

Via Cesare Battisti

, 12/B/29

- 39100

Bolzano

(BZ)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

02/08/2011

 

No Prejudicial events are reported

 

No Protests registered

 

Dalsasso

Roberto

 

Born in Bolzano

(BZ)

on 14/01/1967

- Fiscal Code : DLSRRT67A14A952I

 

Residence:

Via Dr. Anton Mayr

, 34

- 39018

Terlano

(BZ)

- IT -

 

Position

Since

Shares Amount

% Ownership

Institor

05/10/2009

 

No Prejudicial events are reported

 

No Protests registered

 

Lochmann

Albert

 

Born in Cermes

(BZ)

on 01/05/1963

- Fiscal Code : LCHLRT63E01A022S

 

Residence:

Via Mazzon

, 10

- 39044

Egna

(BZ)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

05/10/2009

 

No Prejudicial events are reported

 

No Protests registered

 

Cuccia

Aurelio

 

Born in Palermo

(PA)

on 11/05/1955

- Fiscal Code : CCCRLA55E11G273I

 

Residence:

Via F.g.

, 8

- 90046

Monreale

(PA)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

05/10/2009

 

No Prejudicial events are reported

 

No Protests registered

 

Von Dellemann

Robert

 

Born in Merano

(BZ)

on 29/12/1952

- Fiscal Code : VNDRRT52T29F132J

 

Residence:

Via Lavardi

, 67/7

- 39052

Caldaro sulla Strada del Vino

(BZ)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

05/10/2009

 

No Prejudicial events are reported

 

No Protests registered

 

Piazza

Nicola

 

Born in Arco

(TN)

on 06/11/1964

- Fiscal Code : PZZNCL64S06A372P

 

Residence:

Via Guglielmo Marconi

, 17

- 39100

Bolzano

(BZ)

- IT -

 

Position

Since

Shares Amount

% Ownership

Director

24/11/2008

Managing Director

21/09/2009

 

No Prejudicial events are reported

 

No Protests registered

 

Nervo

Reinhard

 

Born in Merano

(BZ)

on 05/03/1960

- Fiscal Code : NRVRHR60C05F132O

 

Residence:

Via Hueben

, 3/B

- 39022

Lagundo

(BZ)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

05/10/2009

 

No Prejudicial events are reported

 

No Protests registered

 

Faccioli

Sandro

 

Born in Arezzo

(AR)

on 13/07/1962

- Fiscal Code : FCCSDR62L13A390E

 

Residence:

Via In Villa

, 12

- 39100

Bolzano

(BZ)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

05/10/2009

 

No Prejudicial events are reported

 

No Protests registered

 

Mascotto

Giancarlo

 

Born in Milano

(MI)

on 13/07/1964

- Fiscal Code : MSCGCR64L13F205T

 

Residence:

Via Roma

, 132/B

- 39012

Merano

(BZ)

- IT -

 

Position

Since

Shares Amount

% Ownership

Institor

05/10/2009

 

No Prejudicial events are reported

 

No Protests registered

 

Grumer

Dieter

 

Born in Bolzano

(BZ)

on 20/11/1966

- Fiscal Code : GRMDTR66S20A952V

 

Residence:

Via S. Agata

, 22/4

- 39011

Lana

(BZ)

- IT -

 

Position

Since

Shares Amount

% Ownership

Institor

05/10/2009

 

No Prejudicial events are reported

 

No Protests registered

 

Ventrone

Valter

 

Born in Roma

(RM)

on 03/04/1952

- Fiscal Code : VNTVTR52D03H501I

 

Residence:

Via Cesira Fiori

, 55

- 00135

Roma

(RM)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

15/10/2009

 

No Prejudicial events are reported

 

No Protests registered

 

Cavosi

Roberto

 

Born in Bolzano

(BZ)

on 07/04/1965

- Fiscal Code : CVSRRT65D07A952B

 

Residence:

Via Roma

, 6

- 38033

Cavalese

(TN)

- IT -

 

Position

Since

Shares Amount

% Ownership

Institor

05/10/2009

 

No Prejudicial events are reported

 

No Protests registered

 

Maculan

Andrea

 

Born in Vicenza

(VI)

on 12/04/1974

- Fiscal Code : MCLNDR74D12L840A

 

Residence:

Via Tonale

, 20/D

- 38010

San Michele All'Adige

(TN)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

05/10/2009

 

No Prejudicial events are reported

 

No Protests registered

 

Paglierani

Roberto

 

Born in Monza

(MB)

on 14/03/1970

- Fiscal Code : PGLRRT70C14F704Q

 

Residence:

Via Della Calcara

, 7/B

- 38010

Cunevo

(TN)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

05/10/2009

 

No Prejudicial events are reported

 

No Protests registered

 

Zuchristian

Joachim

 

Born in Bolzano

(BZ)

on 01/09/1969

- Fiscal Code : ZCHJHM69P01A952I

 

Residence:

Strada Aica

, 94

- 39050

Appiano sulla Strada del Vino

(BZ)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

05/10/2009

 

No Prejudicial events are reported

 

No Protests registered

 

Gschnell

Heidrun

 

Born in Termeno sulla Strada del Vino

(BZ)

on 08/11/1969

- Fiscal Code : GSCHRN69S48L111H

 

Residence:

Via Tiro A Segno

, 31

- 39040

Termeno sulla Strada del Vino

(BZ)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

15/10/2009

 

No Prejudicial events are reported

 

No Protests registered

 

Weiss

Armin

 

Born in Laives

(BZ)

on 01/09/1964

- Fiscal Code : WSSRMN64P01E421H

 

Residence:

Via Cristel

, 3

- 38030

Castello - Molina di Fiemme

(TN)

- IT -

 

Position

Since

Shares Amount

% Ownership

Institor

05/10/2009

 

No Prejudicial events are reported

 

No Protests registered

 

Atz

Norman

 

Born in Bolzano

(BZ)

on 12/06/1971

- Fiscal Code : TZANMN71H12A952A

 

Residence:

Via Aich

, 2

- 39040

Ora

(BZ)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

05/10/2009

 

No Prejudicial events are reported

 

No Protests registered

 

Santer

Harald

 

Born in Bolzano

(BZ)

on 31/05/1972

- Fiscal Code : SNTHLD72E31A952L

 

Residence:

Via Dr. Josef Noldin

, 9

- 39040

Termeno sulla Strada del Vino

(BZ)

- IT -

 

Position

Since

Shares Amount

% Ownership

Institor

05/10/2009

 

No Prejudicial events are reported

 

No Protests registered

 

Dejori

Richard

 

Born in Nova Levante

(BZ)

on 04/04/1969

- Fiscal Code : DJRRHR69D04F949K

 

Residence:

Via Catinaccio

, 5

- 39056

Nova Levante

(BZ)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

05/10/2009

 

No Prejudicial events are reported

 

No Protests registered

 

Riselli

Gianluca

 

Born in Bolzano

(BZ)

on 03/12/1969

- Fiscal Code : RSLGLC69T03A952O

 

Residence:

Via Bruno Cetto

, 7

- 38121

Trento

(TN)

- IT -

 

Position

Since

Shares Amount

% Ownership

Institor

05/10/2009

 

No Prejudicial events are reported

 

No Protests registered

 

Gschnell

Sieghard

 

Born in Bolzano

(BZ)

on 19/03/1972

- Fiscal Code : GSCSHR72C19A952L

 

Residence:

Via Tiro A Segno

, 31

- 39040

Termeno sulla Strada del Vino

(BZ)

- IT -

 

Position

Since

Shares Amount

% Ownership

Institor

05/10/2009

 

No Prejudicial events are reported

 

No Protests registered

 

Wuerth

Markus Johann

 

Born in Samedan

( )

on 17/04/1956

- Fiscal Code : WRTMKS56D17Z133I

 

Residence:

Winkelriedstrasse

, 20

St. Gallen

- CH -

 

Position

Since

Shares Amount

% Ownership

Director

08/06/2001

Board Chairman

16/06/2008

 

No Prejudicial events are reported

 

No Protests registered

 

Wuerth Holding Gmbh

 

 

Position

Since

Shares Amount

% Ownership

Sole partner

 

No Protests registered

 

Pircher

Friedrich

 

Born in Bolzano

(BZ)

on 16/02/1953

- Fiscal Code : PRCFDR53B16A952N

 

Residence:

Via S. Giorgio

, 123

- 39050

Tires

(BZ)

- IT -

 

Position

Since

Shares Amount

% Ownership

Director

10/07/1992

 

Gschnell

Helmut

 

Born in Caldaro sulla Strada del Vino

(BZ)

on 05/07/1944

- Fiscal Code : GSCHMT44L05B397Q

 

Residence:

Via Tiro A Segno

, 31

- 39040

Termeno sulla Strada del Vino

(BZ)

- IT -

 

Position

Since

Shares Amount

% Ownership

Director

22/12/1981

 

No Prejudicial events are reported

 

No Protests registered

 

 

Companies connected to members *

 

*checkings have been performed on a national scale.

In this module are listed the companies in which members hold or have holded positions.

 

Piazza

Nicola

 

Firm's Style

Seat

Fiscal Code

Position

Position Status

Firm's Status

Tunap Italia Srl

Terlano (BZ) - IT -

01666530215

Managing Director

Withdrawn

Registered

Tunap Italia Srl

Terlano (BZ) - IT -

01666530215

Director

Active

Registered

Glessdox Srl

Termeno sulla Strada del Vino (BZ) - IT -

02290660212

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

Wuerth Holding Gmbh

100,00

 

 

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

Euregio Finance S.p.a., In Breve Ef S.p .a.

Bolzano - IT -

02374840219

172.253 .Eur

1,83

Active

S.c.a.r. Srl

Bussolengo - IT -

00353240237

1.008.000 .Eur

96,00

Active

Masidef Srl

Caronno Pertusella - IT -

00819130154

100.000 .Eur

100,00

Active

F.i.m.e. S.r.l.

Belfiore - IT -

00799140231

650.000 .Eur

100,00

Active

Reca Italia S.r.l.

Arcole - IT -

02065460236

650.000 .Eur

100,00

Active

Tunap Italia Srl

Terlano - IT -

01666530215

210.000 .Eur

66,66

Active

Spinelli Srl

Terlano - IT -

00610540213

26.000 .Eur

100,00

Active

Wuerth Phoenix Srl

Bolzano - IT -

01054690217

102.800 .Eur

100,00

Active

Fink S.r.l. - G.m.b.h.

Termeno sulla Strada del Vino - IT -

01954940233

150.000 .Eur

100,00

Active

Baier E Michels S.r.l.

Padova - IT -

02480890280

2.400.000 .Eur

100,00

Active

Consorzio Nazionale Volontario Accumulat Ori Ed Elettroutensili Pi U' Brevemente

Milano - IT -

97175830153

Active

Wuerth Elektronik Italia S.r.l.

Cormano - IT -

01257400992

40.000 .Eur

100,00

Active

Glessdox Srl

Termeno sulla Strada del Vino - IT -

02290660212

50.000 .Eur

100,00

Active

Viterie Venete Srl

Monselice - IT -

04011730282

50.000 .Eur

100,00

Active

Unifix Swg Srl

Terlano - IT -

00605470210

330.000 .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

since 24/11/1989

 

Via Stazione

, 51

- 39044

- Egna

(BZ)

- IT -

 

Total Surface: 150 Sq.mt.

 

PHONE

: 0471828111

 

FAX

: 0471828600

 

Website

: WWW.WUERTH.IT

 

-

Branch

(Wholesale store)

since 17/03/2008

 

Emilia Pavese

, 95

- 29100

- Piacenza

(PC)

- IT -

 

PHONE

: 051960999

 

PHONE

: 0917542801

 

PHONE

: 067230044

 

PHONE

: 0119040806

 

PHONE

: 0438418158

 

PHONE

: 031734760

 

PHONE

: 0783775021

 

PHONE

: 085834025

 

PHONE

: 03718721340

 

FAX

: 0916888433

 

FAX

: 031734766

 

-

Branch

(office)

since 01/10/2006

 

Avogadro

, 23

- 35030

- Rubano

(PD)

- IT -

 

PHONE

: 0702110168

 

PHONE

: 066243780

 

FAX

: 0702111284

 

-

Branch

(Store)

since 10/02/2009

 

Marcello Finzi

, 585

- 41100

- Modena

(MO)

- IT -

 

PHONE

: 0471900600

 

PHONE

: 064111214

 

-

Branch

(Store)

since 01/01/2004

 

Darwin

, 2

- 20019

- Settimo Milanese

(MI)

- IT -

 

-

Branch

(Store)

since 01/01/2004

 

Bisceglie

, 91/7

- 20100

- Milano

(MI)

- IT -

 

-

Branch

(Wholesale store)

since 29/07/2006

 

Provinciale Cassanese

, 77

- 20090

- Segrate

(MI)

- IT -

 

PHONE

: 000000000

 

-

Branch

(Wholesale store)

since 29/07/2006

 

Per Busto

, 12/14

- 20025

- Legnano

(MI)

- IT -

 

PHONE

: 000000000

 

-

Branch

(Warehouse)

since 01/01/2004

 

Via Quattro Novembre

, 54/56

- 39012

- Merano

(BZ)

- IT -

 

-

Branch

(office)

since 10/01/2007

 

Via Enzenberg

, 2

- 39018

- Terlano

(BZ)

- IT -

 

-

Branch

(office)

since 16/09/2002

 

Via Stazione

, 18

- 39040

- Termeno sulla Strada del Vino

(BZ)

- IT -

 

-

Branch

(Store)

since 28/07/2009

 

Via San Lorenzo

, 36

- 39031

- Brunico

(BZ)

- IT -

 

-

Branch

(Store)

since 17/10/2009

 

Via Antonio Pacinotti

, 4

- 39100

- Bolzano

(BZ)

- IT -

 

-

Branch

(Store)

 

Via Isola Di Sopra

, 23

- 39044

- Egna

(BZ)

- IT -

 

-

Branch

(Warehouse)

since 01/12/1995

 

Via Isola Di Sopra

, 28/36

- 39044

- Egna

(BZ)

- IT -

 

-

Branch

(Wholesale store)

since 31/07/2008

 

Statale Adriatica

, 16

- 60027

- Osimo

(AN)

- IT -

 

-

Branch

(Store)

since 24/02/2009

 

Pasubio

, 43

- 63039

- San Benedetto del Tronto

(AP)

- IT -

 

-

Branch

(Store)

since 18/07/2009

 

Dell'industria

, Loc: BAZZANO

- 67100

- L'Aquila

(AQ)

- IT -

 

-

Branch

(Warehouse)

since 01/10/1999

 

G. Abbate

, 68

- 14054

- Castagnole delle Lanze

(AT)

- IT -

 

-

Branch

(Wholesale store)

since 14/05/2008

 

Pianodardine

, 21/D

- 83100

- Avellino

(AV)

- IT -

 

-

Branch

(Workshop)

since 01/12/2006

 

Magnolie N.c.

- 70026

- Modugno

(BA)

- IT -

 

-

Branch

(Store)

since 24/01/2011

 

Per Curnasco

, 76

- 24100

- Bergamo

(BG)

- IT -

 

-

Branch

(Wholesale store)

since 04/08/2009

 

Cavour

, 59/A

- 13052

- Gaglianico

(BI)

- IT -

 

-

Branch

(office)

since 01/11/1999

 

Cassoletta

, 20

- 40056

- Crespellano

(BO)

- IT -

 

-

Branch

(Wholesale store)

since 10/09/2007

 

B. Tosarelli

, 340/342

- 40055

- Castenaso

(BO)

- IT -

 

-

Branch

(Store)

since 10/09/2009

 

Cavalieri Ducati

, 3

- 40100

- Bologna

(BO)

- IT -

 

-

Branch

(Store)

since 01/02/2010

 

Alcide De Gasperi

, 38/2

- 40100

- Bologna

(BO)

- IT -

 

-

Branch

(Warehouse)

since 02/01/2001

 

Elmas

, 182

- 09100

- Cagliari

(CA)

- IT -

 

-

Branch

(Store)

since 17/07/2009

 

Guido Martino

, 1

- 12100

- Cuneo

(CN)

- IT -

 

-

Branch

(Store)

since 15/06/2009

 

Milano

, 58

- 22063

- Cantu'

(CO)

- IT -

 

-

Branch

(Wholesale store)

since 29/07/2006

 

Milano

, 17

- 26013

- Crema

(CR)

- IT -

 

-

Branch

(Warehouse)

since 01/04/2002

 

Marco Polo

, 1

- 87036

- Rende

(CS)

- IT -

 

-

Branch

(Store)

since 22/09/2009

 

Zenia

, 11

- 95045

- Misterbianco

(CT)

- IT -

 

-

Branch

(Wholesale store)

since 10/09/2007

 

Corfu'

, 24

- 47023

- Cesena

(FO)

- IT -

 

-

Branch

(Wholesale store)

since 21/12/2009

 

Costanzo Ii

, 13

- 47100

- Forli'

(FO)

- IT -

 

-

Branch

(Wholesale store)

since 29/09/2009

 

Le Lame

, 15

- 03100

- Frosinone

(FR)

- IT -

 

-

Branch

(Wholesale store)

since 10/09/2007

 

Francesco Rolla

, 25/A

- 16100

- Genova

(GE)

- IT -

 

-

Branch

(Store)

since 07/02/2011

 

Firenze

, 35

- 57100

- Livorno

(LI)

- IT -

 

-

Branch

(Warehouse)

since 02/01/2001

 

Biagioni

, 487

- 55047

- Seravezza

(LU)

- IT -

 

-

Branch

(Store)

since 07/03/2011

 

Sottomonte

, 533

- 55100

- Lucca

(LU)

- IT -

 

-

Branch

(Warehouse)

since 01/01/2004

 

Statale 114

, KM 4,600

- 98100

- Messina

(ME)

- IT -

 

-

Branch

(Warehouse)

since 01/09/2003

 

Fornace Cavallino

, 13/15

- 20090

- Opera

(MI)

- IT -

 

-

Branch

(Wholesale store)

since 10/02/1993

 

Fabio Filzi

, 54

- 20032

- Cormano

(MI)

- IT -

 

-

Branch

(Wholesale store)

since 15/09/2009

until 01/06/2009

 

Umberto Maddalena

, 218

- 80100

- Napoli

(NA)

- IT -

 

-

Branch

(Warehouse)

since 05/10/2001

 

Pietro Nenni

, 20

- 90100

- Palermo

(PA)

- IT -

 

-

Branch

(Wholesale store)

since 01/11/2006

 

Vigonovese

, 50

- 35100

- Padova

(PD)

- IT -

 

-

Branch

(Store)

since 14/04/2009

 

Europa

, 128

- 65010

- Spoltore

(PE)

- IT -

 

-

Branch

(Store)

since 07/12/2009

 

Dottori

, 62

- 06100

- Perugia

(PG)

- IT -

 

-

Branch

(Store)

since 01/01/2004

 

L. Zanussi

, 6/8

- 33070

- Brugnera

(PN)

- IT -

 

-

Branch

(Store)

since 01/07/2004

 

Arturo Malignani

, 1

- 33074

- Fontanafredda

(PN)

- IT -

 

-

Branch

(Wholesale store)

since 01/06/2007

 

Galileo Galilei

, 15

- 33170

- Pordenone

(PN)

- IT -

 

-

Branch

(Wholesale store)

since 01/06/2007

 

Masotti

, 3

- 48100

- Ravenna

(RA)

- IT -

 

-

Branch

(Wholesale store)

since 05/02/2008

 

Vittime Civili Di Guerra

, 1/3

- 48018

- Faenza

(RA)

- IT -

 

-

Branch

(Wholesale store)

since 21/01/2008

until 01/07/2002

 

Hiroshima

, 8/E

- 42100

- Reggio Emilia

(RE)

- IT -

 

-

Branch

(Wholesale store)

since 15/02/1997

 

Tuscolana

, 1988

- 00100

- Roma

(RM)

- IT -

 

-

Branch

(Wholesale store)

since 15/02/1997

 

Vernante

, SNC

- 00100

- Roma

(RM)

- IT -

 

-

Branch

(Point of sale)

since 01/07/1998

 

Tiburtina

, 1234

- 00100

- Roma

(RM)

- IT -

 

-

Branch

(Warehouse)

since 12/02/1996

 

Tiberina Km 16,5

- 00060

- Capena

(RM)

- IT -

 

-

Branch

(Shop)

since 18/11/2006

 

Della Buona Fortuna

- 00060

- Capena

(RM)

- IT -

 

-

Branch

(Wholesale store)

since 01/06/2007

 

Sassonia

, 34

- 47037

- Rimini

(RN)

- IT -

 

-

Branch

since 02/11/2009

 

S. Leonardo

, 161

- 84100

- Salerno

(SA)

- IT -

 

-

Branch

(Wholesale store)

since 01/11/2002

 

Porto Torres

, 36/F

- 07100

- Sassari

(SS)

- IT -

 

-

Branch

(Store)

since 17/05/2010

 

Seychelles-ang. Capo Verde

, 1

- 07026

- Olbia

(SS)

- IT -

 

-

Branch

(Wholesale store)

since 01/11/2006

 

Maestri Del Lavoro

, 2

- 38100

- Trento

(TN)

- IT -

 

-

Branch

(Warehouse)

since 15/05/2001

 

Frejus

, 75

- 10043

- Orbassano

(TO)

- IT -

 

-

Branch

(Store)

since 01/02/2004

 

Volvera - Zona Industriale

, 50

- 10045

- Piossasco

(TO)

- IT -

 

-

Branch

(Store)

since 01/01/2005

 

Einaudi

, 6

- 10070

- Robassomero

(TO)

- IT -

 

-

Branch

(Store)

since 11/05/2009

 

Vercelli

, 251

- 10100

- Torino

(TO)

- IT -

 

-

Branch

(Store)

since 21/02/2011

 

Vanzetti

, 66

- 05100

- Terni

(TR)

- IT -

 

-

Branch

(Wholesale store)

since 01/06/2007

 

Del Follatoio

, 4

- 34100

- Trieste

(TS)

- IT -

 

-

Branch

(Warehouse)

since 01/08/2000

 

Italia

, 196

- 31015

- Conegliano

(TV)

- IT -

 

-

Branch

(Store)

since 12/01/2009

 

Della Repubblica

, 249

- 31100

- Treviso

(TV)

- IT -

 

-

Branch

(Store)

since 01/01/2004

 

Buttrio

, 430

- 33100

- Udine

(UD)

- IT -

 

-

Branch

(Wholesale store)

since 01/06/2007

 

Nazionale

, 74

- 33010

- Tavagnacco

(UD)

- IT -

 

-

Branch

(Warehouse)

since 16/05/2001

 

Ballo

, 90

- 30035

- Mirano

(VE)

- IT -

 

-

Branch

(Store)

since 01/02/2004

 

Tagliamento

, 8

- 30030

- Pianiga

(VE)

- IT -

 

-

Branch

(Store)

since 02/05/2005

 

Verona

, 1

- 36010

- Monticello Conte Otto

(VI)

- IT -

 

-

Branch

(Wholesale store)

since 10/09/2007

 

Lago Trasimeno

, 36

- 36015

- Schio

(VI)

- IT -

 

-

Branch

(Store)

since 25/01/2010

 

Della Scienza

, 9/11

- 36100

- Vicenza

(VI)

- IT -

 

-

Branch

(Warehouse)

since 01/11/1998

 

Matteotti

, 14

- 37031

- Illasi

(VR)

- IT -

 

-

Branch

(Warehouse)

since 02/01/2001

 

Ca' Nova Zampieri

, 4/G

- 37057

- San Giovanni Lupatoto

(VR)

- IT -

 

-

Branch

(Warehouse)

since 01/03/2001

 

Polesine

, 40

- 37043

- Castagnaro

(VR)

- IT -

 

-

Branch

(Warehouse)

since 13/10/2006

 

Coetta

, Loc: CASETTE

- 37036

- San Martino Buon Albergo

(VR)

- IT -

 

-

Branch

(Store)

since 28/11/2011

 

Via Vittorio Veneto

, 73

- 39042

- Bressanone

(BZ)

- IT -

 

-

Branch

(Store)

since 24/06/2011

 

Talete

, SNC

- 09047

- Selargius

(CA)

- IT -

 

-

Branch

(Store)

since 27/06/2011

 

S. Lorenzo

, 164

- 86100

- Campobasso

(CB)

- IT -

 

-

Branch

(Store)

since 17/10/2011

 

Asti

, 12

- 12051

- Alba

(CN)

- IT -

 

-

Branch

(Store)

since 29/11/2011

 

Giovanni Ansaldo

, 5/7

- 47100

- Forli'

(FO)

- IT -

 

-

Branch

(Wholesale store)

since 09/05/2011

 

Nepal

, 12

- 58100

- Grosseto

(GR)

- IT -

 

-

Branch

(Store)

since 23/05/2011

 

Risorgimento

, SNC

- 73100

- Lecce

(LE)

- IT -

 

-

Branch

(Store)

since 15/11/2011

 

S.s. 148 Pontina Km 76,65

, SNC

- 04100

- Latina

(LT)

- IT -

 

-

Branch

(Store)

since 31/10/2011

 

Acqueviole

, SNC

- 98057

- Milazzo

(ME)

- IT -

 

-

Branch

(Store)

since 24/10/2011

 

Della Resistenza

, 113

- 20090

- Buccinasco

(MI)

- IT -

 

-

Branch

(Store)

since 02/05/2011

 

Copernico

, 2/B

- 35013

- Cittadella

(PD)

- IT -

 

-

Branch

(Wholesale store)

since 12/09/2011

 

Gagliardi

, 1/A

- 89100

- Reggio Calabria

(RC)

- IT -

 

-

Branch

(Store)

since 08/08/2011

 

Dante Alighieri

, 99

- 19038

- Sarzana

(SP)

- IT -

 

-

Branch

(Store)

since 16/05/2011

 

Cesare Battisti

, 5000

- 74100

- Taranto

(TA)

- IT -

 

-

Branch

(Store)

since 23/04/2012

 

Napoli

, 353

- 70100

- Bari

(BA)

- IT -

 

-

Branch

(Store)

since 21/12/2011

 

Paolella

, 19

- 82100

- Benevento

(BN)

- IT -

 

-

Branch

(Store)

since 15/02/2012

 

Del Progresso

, 39

- 88046

- Lamezia Terme

(CZ)

- IT -

 

-

Branch

(Store)

since 30/04/2012

 

Del Pratignone

, 33

- 50041

- Calenzano

(FI)

- IT -

 

-

Branch

(Store)

since 02/04/2012

 

Bertacciola

, 46

- 20030

- Bovisio-Masciago

(MB)

- IT -

 

-

Branch

(Store)

since 18/06/2012

 

Roncadelle

, 66

- 25030

- Castel Mella

(BS)

- IT -

 

-

Branch

(Wholesale store)

since 18/06/2012

 

Degli Artigiani

, 15-17

- 71100

- Foggia

(FG)

- IT -

 

-

Branch

(Store)

since 30/07/2012

 

Isca Degli Antichi

, 2/4

- 85100

- Potenza

(PZ)

- IT -

 

-

Branch

(Store)

since 06/02/2013

 

San Martino

, 93

- 25047

- Darfo Boario Terme

(BS)

- IT -

 

-

Branch

(Store)

since 06/08/2012

 

Papa Giovanni Xxiii

, 7

- 22040

- Civate

(LC)

- IT -

 

-

Branch

(Store)

since 10/12/2012

 

Bernardi Antonio

, 1/C

- 41037

- Mirandola

(MO)

- IT -

 

-

Branch

(Store)

since 04/09/2012

 

J. J. Pershing

, 1/3

- 61037

- Mondolfo

(PS)

- IT -

 

-

Branch

(Store)

since 23/10/2012

 

Alla Stazione

, 37

- 23010

- Rogolo

(SO)

- IT -

 

-

Branch

(Store)

since 18/02/2013

 

Cassia Nord

, KM 85,00

- 01100

- Viterbo

(VT)

- IT -

 

Employees

: 2.444

 

Fittings and Equipment for a value of 9.030.000

Eur

 

Stocks for a value of 24.390.000

Eur

 

Furniture and fittings for a value of 6.200.000

Eur

 

Vehicles for a value of 7.230.000

Eur

 

Trade organization: direct or by agents.

Sales area on a national scale.

 

 

Traded Brands / Suppliers

 

- Dowidat

 

- Knipex

 

 

Historical Information and/or Firm's Status

 

EX-MEMBERS / EX-POSITIONS:

 

Gschnell

Helmut

 

Born in Caldaro sulla Strada del Vino

(BZ)

on 05/07/1944

- Fiscal Code : GSCHMT44L05B397Q

 

Residence:

Via Tiro A Segno

, 31

- 39040

Termeno sulla Strada del Vino

(BZ)

- IT -

 

Ex-Postions

Managing Director

 

Pircher

Friedrich

 

Born in Bolzano

(BZ)

on 16/02/1953

- Fiscal Code : PRCFDR53B16A952N

 

Residence:

Via S. Giorgio

, 123

- 39050

Tires

(BZ)

- IT -

 

Ex-Postions

Managing Director

 

Seebacher

Walter

 

Born in Bolzano

(BZ)

on 17/11/1956

- Fiscal Code : SBCWTR56S17A952V

 

Residence:

Via Delle Fucine

, 4

- 39100

Bolzano

(BZ)

- IT -

 

Ex-Postions

Attorney with special power

 

Christoforetti

Maurizio

 

Born in Bolzano

(BZ)

on 30/07/1951

- Fiscal Code : CHRMRZ51L30A952O

 

Residence:

Via Santa Geltrude

, 44/10

- 39100

Bolzano

(BZ)

- IT -

 

Ex-Postions

Institor

 

Rusch

Markus Johann

 

Born in Samedan

( )

on 17/04/1956

- Fiscal Code : RSCMKS56D17Z112I

 

Residence:

Winkelriedstrasse

, 20

St. Gallen

- CH -

 

Ex-Postions

Director

Board Chairman

 

Dalsasso

Roberto

 

Born in Bolzano

(BZ)

on 14/01/1967

- Fiscal Code : DLSRRT67A14A952I

 

Residence:

Via Dr. Anton Mayr

, 34

- 39018

Terlano

(BZ)

- IT -

 

Ex-Postions

Procurator

 

Posar

Maurizio

 

Born in Bolzano

(BZ)

on 15/09/1954

- Fiscal Code : PSRMRZ54P15A952J

 

Residence:

Viale Druso

, 114/B/1

- 39100

Bolzano

(BZ)

- IT -

 

Ex-Postions

Procurator

 

Wuerth Holding Gmbh

 

 

Ex-Postions

Sole partner

 

Von Dellemann

Robert

 

Born in Merano

(BZ)

on 29/12/1952

- Fiscal Code : VNDRRT52T29F132J

 

Residence:

Via Lavardi

, 67/7

- 39052

Caldaro sulla Strada del Vino

(BZ)

- IT -

 

Ex-Postions

Attorney with special power

 

Von Schlechtleitner

Theo

 

Born in Laives

(BZ)

on 25/05/1947

- Fiscal Code : VNSTHE47E25E421A

 

Residence:

Via Winkel

, 63

- 39012

Merano

(BZ)

- IT -

 

Ex-Postions

Procurator

 

Piazza

Nicola

 

Born in Arco

(TN)

on 06/11/1964

- Fiscal Code : PZZNCL64S06A372P

 

Residence:

Via Guglielmo Marconi

, 17

- 39100

Bolzano

(BZ)

- IT -

 

Ex-Postions

Attorney with special power

 

Nervo

Reinhard

 

Born in Merano

(BZ)

on 05/03/1960

- Fiscal Code : NRVRHR60C05F132O

 

Residence:

Via Hueben

, 3/B

- 39022

Lagundo

(BZ)

- IT -

 

Ex-Postions

Attorney with special power

 

Faccioli

Sandro

 

Born in Arezzo

(AR)

on 13/07/1962

- Fiscal Code : FCCSDR62L13A390E

 

Residence:

Via In Villa

, 12

- 39100

Bolzano

(BZ)

- IT -

 

Ex-Postions

Attorney with special power

 

Saltalamacchia

Francesco

 

Born in Bomarzo

(VT)

on 27/11/1951

- Fiscal Code : SLTFNC51S27A955S

 

Residence:

Via Pian Di Sco

, 4

- 00100

Roma

(RM)

- IT -

 

Ex-Postions

Attorney with special power

Procurator

 

Cozzi

Alida

 

Born in Arta Terme

(UD)

on 27/12/1952

- Fiscal Code : CZZLDA52T67A447X

 

Residence:

Via Resia

, 113

- 39100

Bolzano

(BZ)

- IT -

 

Ex-Postions

Attorney with special power

Procurator

 

Mascotto

Giancarlo

 

Born in Milano

(MI)

on 13/07/1964

- Fiscal Code : MSCGCR64L13F205T

 

Residence:

Via Roma

, 132/B

- 39012

Merano

(BZ)

- IT -

 

Ex-Postions

Procurator

 

Grumer

Dieter

 

Born in Bolzano

(BZ)

on 20/11/1966

- Fiscal Code : GRMDTR66S20A952V

 

Residence:

Via S. Agata

, 22/4

- 39011

Lana

(BZ)

- IT -

 

Ex-Postions

Attorney with special power

 

Ventrone

Valter

 

Born in Roma

(RM)

on 03/04/1952

- Fiscal Code : VNTVTR52D03H501I

 

Residence:

Via Cesira Fiori

, 55

- 00135

Roma

(RM)

- IT -

 

Ex-Postions

Attorney with special power

 

Wuerth Holding Gmbh

 

 

Ex-Postions

Sole partner

 

Coviello

Tatiana

 

Born in Merano

(BZ)

on 30/04/1973

- Fiscal Code : CVLTTN73D70F132U

 

Residence:

Via Vivaldi

, 14/B

- 37024

Negrar

(VR)

- IT -

 

Ex-Postions

Procurator

 

Wuerth Holding Gmbh

 

 

Ex-Postions

Sole partner

 

Wuerth Holding Gmbh

 

 

Ex-Postions

Sole partner

 

Wuerth Holding Gmbh

 

 

Ex-Postions

Sole partner

 

Wuerth Holding Gmbh

 

 

Ex-Postions

Sole partner

 

Wuerth Holding Gmbh

 

 

Ex-Postions

Sole partner

 

Wuerth Holding Gmbh

 

 

Ex-Postions

Sole partner

 

Teutsch

Werner

 

Born in Bolzano

(BZ)

on 02/07/1951

- Fiscal Code : TTSWNR51L02A952C

 

Residence:

Cappuccini

, 8

- 39100

Bolzano

(BZ)

- IT -

 

Ex-Postions

Temporary Auditor

 

Seebacher

Anton

 

Born in Terlano

(BZ)

on 16/04/1935

- Fiscal Code : SBCNTN35D16L108T

 

Residence:

Via Rio Molino

, 5

- 39100

Bolzano

(BZ)

- IT -

 

Ex-Postions

Permanent Auditor

 

CEASINGS/INCORPORATIONS/MERGES:

 

The firm absorbed by merging of

 

Sidercres S.r.l.

 

Marconi

, 1

, 40100

, Bologna

(BO)

- IT -

 

Fiscal Code: 01827291202

 

Date

:

21/06/2001

 

The firm absorbed by merging of

 

Wehr Srl

 

Via Della Mendola

, 21

, 39100

, Bolzano

(BZ)

- IT -

 

Fiscal Code: 02369140211

 

Date

:

24/07/2006

 

Project of merging by taking over of

 

Sidercres S.r.l.

 

Marconi

, 1

, 40100

, Bologna

(BO)

- IT -

 

Fiscal Code: 01827291202

 

Date

Merging/splitting-up project:

05/06/2001

 

Project of merging by taking over of

 

Wehr Srl

 

Via Della Mendola

, 21

, 39100

, Bolzano

(BZ)

- IT -

 

Fiscal Code: 02369140211

 

Date

Merging/splitting-up project:

09/12/2005



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.



Financial and Economical Analysis

 

Company's starting of activities dates back to 1963.

The eonomic-financial analysis is based on the latest 3 b/s.

During the last years the subject suffered net losses and in 2013 r.o.e. is -64,02%. The losses incurred were caused by the decrease in the turnover that marked the last financial years.

The operating result is negative.

The operating loss amounts to Eur. -32.549.308 .

It has been registered a negative gross operating margin value of (Eur. -7.144.624).

The financial status of the company is fairly balanced with an indebtedness level of 2,58 but with an increase as against the previous accounting period.

It's shareholders funds amount to Eur. 31.798.532 , falling in comparison with the year before.

In the year 2013 total debts amounted to Eur. 182.591.088 , with no sensible variation.

The company does not exceed in bank borrowings; the recourse to suppliers' credit is also limited below field's average.

The liquidity level is positive (1,82).

Trade credits are collected slowly, average term is 98,61 days. within the average values of the sector.

The financial management generated a negative cash flow (Eur. -6.542.498).

Labour cost amounts to Eur. 113.767.567, with a 28,59% incidence on production costs. , whereas 32,18% is the incidence on sales revenues.

No incidence of financial charges as lower than the incomes.

Financial Data

 

Complete balance-sheet for the year

al 31/12/2013

(in Eur

x 1)

 

Item Type

Value

Sales

353.528.948

Profit (Loss) for the period

-20.358.873

 

Complete balance-sheet for the year

al 31/12/2012

(in Eur

x 1)

 

Item Type

Value

Sales

391.684.458

Profit (Loss) for the period

-10.589.818

 

Complete balance-sheet for the year

al 31/12/2011

(in Eur

x 1)

 

Item Type

Value

Sales

414.194.008

Profit (Loss) for the period

-14.114.621

 

Complete balance-sheet for the year

al 31/12/2010

(in Eur

x 1)

 

Item Type

Value

Sales

402.755.500

Profit (Loss) for the period

-8.646.505

 

Complete balance-sheet for the year

al 31/12/2009

(in Eur

x 1)

 

Item Type

Value

Sales

374.335.561

Profit (Loss) for the period

-6.516.606



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.

. . Industrial patent rights

879

96

727

. . Concessions,licenses,trademarks,etc.

258.764

389.787

232.184

. . Goodwill

1.125.398

. . Assets in formation and advance paymen.

4.865.356

3.887.776

3.433.686

. . Other intangible fixed assets

42.250

89.243

203.323

. Total Intangible Fixed Assets

6.292.647

4.366.902

3.869.920

. TANGIBLE FIXED ASSETS

. . Real estate

56.481.667

57.584.900

56.953.966

. . Plant and machinery

. . Industrial and commercial equipment

9.030.551

9.648.144

9.911.284

. . Other assets

1.206.973

1.548.569

1.049.919

. . Assets under construction and advances

1.229.785

1.006.429

972.692

. Total Tangible fixed assets

67.948.976

69.788.042

68.887.861

. FINANCIAL FIXED ASSETS

. . Equity investments

21.508.672

20.814.518

22.972.127

. . . Equity invest. in subsidiary companies

21.330.894

20.636.740

22.763.956

. . . Equity invest. in associated companies

30.393

. . . Equity invest. in holding companies

. . . Equity invest. in other companies

177.778

177.778

177.778

. . Financial receivables

4.952.355

5.609.725

5.569.495

. . . . Within 12 months

5.609.725

5.569.495

. . . . Beyond 12 months

4.952.355

. . . 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

4.952.355

5.609.725

5.569.495

. . . . Within 12 months

5.609.725

5.569.495

. . . . Beyond 12 months

4.952.355

. . Other securities

. . Own shares

. . . Total nominal value

. Total financial fixed assets

26.461.027

26.424.243

28.541.622

Total fixed assets

100.702.650

100.579.187

101.299.403

CURRENT ASSETS

. INVENTORIES

. . Raw materials and other consumables

. . Work in progress and semimanufactured

. . Work in progress on order

. . Finished goods

24.388.238

30.051.244

29.620.957

. . Advance payments

. Total Inventories

24.388.238

30.051.244

29.620.957

. CREDITS NOT HELD AS FIXED ASSETS

. . Within 12 months

125.678.792

125.903.789

118.840.450

. . Beyond 12 months

10.408.870

7.535.582

. . Trade receivables

96.836.628

109.130.026

110.872.147

. . . . Within 12 months

96.836.628

109.130.026

110.872.147

. . . . Beyond 12 months

. . Receivables due from subsid. comp.

21.926

36.868

450

. . . . Within 12 months

21.926

36.868

450

. . . . Beyond 12 months

. . Receivables due from assoc. comp.

1.022.308

. . . . Within 12 months

1.022.308

. . . . Beyond 12 months

. . Receivables due from holding comp.

. . . . Within 12 months

. . . . Beyond 12 months

. . Fiscal Receivables

9.156.145

10.972.433

2.378.437

. . . . Within 12 months

9.156.145

10.972.433

2.378.437

. . . . Beyond 12 months

. . Receivables for anticipated taxes

15.566.198

10.634.263

7.822.710

. . . . Within 12 months

15.566.198

1.057.883

287.128

. . . . Beyond 12 months

9.576.380

7.535.582

. . Receivables due from third parties

3.075.587

5.539.069

5.302.288

. . . . Within 12 months

3.075.587

4.706.579

5.302.288

. . . . Beyond 12 months

832.490

. Total Credits not held as fixed assets

125.678.792

136.312.659

126.376.032

. 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

. Total Financial Assets

. LIQUID FUNDS

. . Bank and post office deposits

384.942

62.429

1.838.179

. . Checks

. . Banknotes and coins

18.842

12.274

16.160

. Total Liquid funds

403.784

74.703

1.854.339

Total current assets

150.470.814

166.438.606

157.851.328

ADJUSTMENT ACCOUNTS

. Discount on loans

5.901.342

. Other adjustment accounts

623.017

3.050.094

Total adjustments accounts

623.017

3.050.094

5.901.342

TOTAL ASSETS

251.796.481

270.067.887

265.052.073

LIABILITIES

STOCKHOLDERS' EQUITY

. Capital stock

25.000.000

25.000.000

25.000.000

. Additional paid-in capital

. Revaluation reserves

3.049.711

3.049.711

3.049.711

. Legal reserve

5.000.000

5.000.000

5.000.000

. Reserve for Own shares

. Statute reserves

. Other reserves

29.697.512

29.697.512

57.540.560

. Accumulated Profits (Losses)

-10.589.818

-13.728.427

. Profit( loss) of the year

-20.358.873

-10.589.818

-14.114.621

. Advances on dividends

. Partial loss of the year Coverage

Total Stockholders'Equity

31.798.532

52.157.405

62.747.223

RESERVES FOR RISKS AND CHARGES

. . Reserve for employee termination indem.

1.027.170

777.143

610.223

. . Taxation fund, also differed

736.971

756.807

776.423

. . Other funds

18.445.065

10.608.300

3.601.189

Total Reserves for Risks and Charges

20.209.206

12.142.250

4.987.835

Employee termination indemnities

16.037.260

18.050.335

19.637.819

ACCOUNTS PAYABLE

. . . . Within 12 months

82.591.088

106.422.980

154.021.225

. . . . Beyond 12 months

100.000.000

80.000.000

22.226.869

. . 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

111.806

16.872.924

458.606

. . . . Within 12 months

111.806

16.872.924

458.606

. . . . Beyond 12 months

. . Due to other providers of finance

. . . . Within 12 months

. . . . Beyond 12 months

. . Advances from customers

. . . . Within 12 months

. . . . Beyond 12 months

. . Trade payables

27.982.491

25.141.260

24.082.980

. . . . Within 12 months

27.982.491

25.141.260

24.082.980

. . . . Beyond 12 months

. . Securities issued

. . . . Within 12 months

. . . . Beyond 12 months

. . Due to subsidiary companies

3.763.958

5.337.806

3.776.816

. . . . Within 12 months

3.763.958

5.337.806

3.776.816

. . . . Beyond 12 months

. . Due to associated companies

135.505

. . . . Within 12 months

135.505

. . . . Beyond 12 months

. . Due to holding companies

21.832

. . . . Within 12 months

21.832

. . . . Beyond 12 months

. . Due to the tax authorities

4.097.012

4.630.817

5.519.521

. . . . Within 12 months

4.097.012

4.630.817

5.519.521

. . . . Beyond 12 months

. . Due to social security and welfare inst.

3.386.508

1.290.811

6.915.109

. . . . Within 12 months

3.386.508

1.290.811

6.915.109

. . . . Beyond 12 months

. . Other payables

143.249.313

133.149.362

135.337.725

. . . . Within 12 months

43.249.313

53.149.362

113.110.856

. . . . Beyond 12 months

100.000.000

80.000.000

22.226.869

Total accounts payable

182.591.088

186.422.980

176.248.094

ADJUSTMENT ACCOUNTS

. Agio on loans

. Other adjustment accounts

1.160.395

1.294.917

1.431.102

Total adjustment accounts

1.160.395

1.294.917

1.431.102

TOTAL LIABILITIES

251.796.481

270.067.887

265.052.073

 

 

 

 

MEMORANDUM ACCOUNTS

 

Third party goods

Investment accounts

6.452.829

Risk accounts

3.445.288

Civil and fiscal norms relation

 

 

PROFIT AND LOSS ACCOUNTS

 

VALUE OF PRODUCTION

. Revenues from sales and services

353.528.948

391.684.458

414.194.008

. Changes in work in progress

. Changes in semi-manufact. products

. Capitalization of internal work

208.617

778.564

. Other income and revenues

11.598.402

15.310.658

15.164.811

. . Contributions for operating expenses

247.232

327.811

420.273

. . Different income and revenues

11.351.170

14.982.847

14.744.538

Total value of production

365.335.967

406.995.116

430.137.383

PRODUCTION COSTS

. Raw material,other materials and consum.

151.916.410

169.359.619

173.757.605

. Services received

71.707.595

71.672.465

70.961.488

. Leases and rentals

19.139.103

20.671.775

24.599.640

. Payroll and related costs

113.767.567

128.902.129

146.832.566

. . Wages and salaries

82.281.916

94.065.293

106.889.557

. . Social security contributions

25.028.248

27.261.551

31.608.084

. . Employee termination indemnities

6.040.871

7.164.304

7.956.165

. . Pension and similar

. . Other costs

416.532

410.981

378.760

. Amortization and depreciation

13.816.375

9.957.321

10.202.332

. . Amortization of intangible fixed assets

616.722

358.200

592.691

. . Amortization of tangible fixed assets

6.266.168

6.158.249

5.944.366

. . Depreciation of tangible fixed assets

. . Writedown of current receiv.and of liquid

6.933.485

3.440.872

3.665.275

. Changes in raw materials

5.663.006

-430.287

959.022

. Provisions to risk reserves

8.009.309

4.344.317

. Other provisions

3.579.000

3.590.181

894.534

. Other operating costs

10.286.910

10.641.598

8.344.982

Total production costs

397.885.275

418.709.118

436.552.169

Diff. between value and cost of product.

-32.549.308

-11.714.002

-6.414.786

FINANCIAL INCOME AND EXPENSE

. Income from equity investments

9.561.428

1.240.133

904.400

. . In subsidiary companies

904.400

. . In associated companies

. . In other companies

. Other financial income

2.188.370

3.249.065

2.607.292

. . Financ.income from receivables

. . . Towards subsidiary companies

. . . Towards associated companies

. . . Towards holding companies

. . . Towards other companies

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

3.249.065

2.607.292

. . 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

-3.980.865

-4.057.028

-3.018.655

. . Towards subsidiary companies

. . Towards associated companies

. . Towards holding companies

. . Towards other companies

3.018.655

Total financial income and expense

7.768.933

432.170

493.037

ADJUSTMENTS TO FINANCIAL ASSETS

. Revaluations

. . Of equity investments

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

. . Of securities incl.among current assets

. Devaluation

-358.834

-4.893.624

-5.031.679

. . Of equity investments

-358.834

-4.893.624

-5.031.679

. . Of financial fixed assets (no equity inv)

. . Of securities included among current ass

Total adjustments to financial assets

-358.834

-4.893.624

-5.031.679

EXTRAORDINARY INCOME AND EXPENSE

. Extraordinary income

660.854

4.404.443

213.086

. . Gains on disposals

. . Other extraordinary income

660.854

4.404.443

213.086

. Extraordinary expense

-221.411

-71.653

. . Losses on disposals

-221.411

-71.653

. . Taxes relating to prior years

. . Other extraordinary expense

Total extraordinary income and expense

660.854

4.183.032

141.433

Results before income taxes

-24.478.355

-11.992.424

-10.811.995

. Taxes on current income

-4.119.482

-1.402.606

3.302.626

. . current taxes

832.289

1.428.563

4.024.841

. . differed taxes(anticip.)

-4.951.771

-2.831.169

-722.215

. Net income for the period

-20.358.873

-10.589.818

-14.114.621

. Adjustments in tax regulations pursuance

. Provisions in tax regulations pursuance

. Profit (loss) of the year

-20.358.873

-10.589.818

-14.114.621

 

 

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

0,40

0,37

0,38

0,25

Elasticity Ratio

Units

0,60

0,62

0,60

0,72

Availability of stock

Units

0,10

0,11

0,11

0,17

Total Liquidity Ratio

Units

0,50

0,51

0,48

0,50

Quick Ratio

Units

0,00

0,00

0,01

0,02

COMPOSITION ON SOURCE

Net Short-term indebtedness

Units

2,58

2,04

2,43

2,61

Self Financing Ratio

Units

0,13

0,19

0,24

0,21

Capital protection Ratio

Units

0,85

0,72

0,83

0,71

Liabilities consolidation quotient

Units

1,40

0,92

0,27

0,24

Financing

Units

5,74

3,57

2,81

3,54

Permanent Indebtedness Ratio

Units

0,59

0,56

0,39

0,40

M/L term Debts Ratio

Units

0,46

0,36

0,16

0,12

Net Financial Indebtedness Ratio

Units

0,00

0,32

0,00

0,84

CORRELATION

Fixed assets ratio

Units

1,47

1,49

1,03

1,46

Current ratio

Units

1,82

1,56

1,02

1,20

Acid Test Ratio-Liquidity Ratio

Units

1,53

1,28

0,83

0,85

Structure's primary quotient

Units

0,32

0,52

0,62

0,86

Treasury's primary quotient

Units

0,00

0,00

0,01

0,04

Rate of indebtedness ( Leverage )

%

791,85

517,79

422,41

477,50

Current Capital ( net )

Value

67.879.726

60.015.626

3.830.103

239.373

RETURN

Return on Sales

%

-1,85

-0,16

-0,94

4,32

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

%

-64,02

-20,30

-22,49

4,61

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

%

-76,98

-22,99

-17,23

17,61

Return on Investment ( R.O.I. )

%

-12,93

-4,34

-2,42

4,75

Return/ Sales

%

-9,21

-2,99

-1,55

4,25

Extra Management revenues/charges incid.

%

n.c.

n.c.

n.c.

18,91

Cash Flow

Value

-6.542.498

-632.497

-3.912.289

138.084

Operating Profit

Value

-32.549.308

-11.714.002

-6.414.786

154.078

Gross Operating Margin

Value

-7.144.624

6.177.817

4.682.080

301.188

MANAGEMENT

Credits to clients average term

Days

98,61

100,30

96,37

110,83

Debts to suppliers average term

Days

47,08

41,93

37,45

121,75

Average stock waiting period

Days

24,83

27,62

25,75

60,34

Rate of capital employed return ( Turnover )

Units

1,40

1,45

1,56

1,12

Rate of stock return

Units

14,50

13,03

13,98

5,95

Labour cost incidence

%

32,18

32,91

35,45

21,94

Net financial revenues/ charges incidence

%

2,20

0,11

0,12

-1,47

Labour cost on purchasing expenses

%

28,59

30,79

33,63

22,33

Short-term financing charges

%

2,18

2,18

1,71

2,84

Capital on hand

%

71,22

68,95

63,99

89,18

Sales pro employee

Value

137.613

131.747

90.277

165.709

Labour cost pro employee

Value

44.284

43.357

32.003

32.656

 

 

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

:

477.067

Population living in the region

:

974.613

Number of families in the region

:

383.892

 

Monthly family expences average in the region (in Eur..) :

 

- per food products

:

373

- per non food products

:

2.001

- per energy consume

:

121

 

 

Sector Data

 

The values are calculated on a base of 1.023 significant companies.

 

The companies cash their credits on an average of 111 dd.

The average duration of suppliers debts is about 122 dd.

The sector's profitability is on an average of 4,32%.

The labour cost affects the turnover in the measure of 21,94%.

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 1,12.

The employees costs represent the 22,33% 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 2.078 protested subjects are found; in the province they count to 1.228.

The insolvency index for the region is 0,22, , while for the province it is 0,26.

Total Bankrupt companies in the province : 1.448.

Total Bankrupt companies in the region : 2.539.

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.60.11

UK Pound

1

Rs.102.32

Euro

1

Rs.81.75

 

INFORMATION DETAILS

 

Analysis Done by :

DIV

 

 

Report Prepared by :

NNA

 

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

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NB

New Business

 

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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.