MIRA
INFORM REPORT
|
Report Date : |
19.03.2014 |
IDENTIFICATION DETAILS
|
Name : |
TRUCCO TESSILE S.P.A. |
|
|
|
|
Registered Office : |
Via Torino, 187, 12038-
Savigliano (CN) |
|
|
|
|
Country : |
Italy |
|
|
|
|
Financials (as on) : |
31.12.2012 |
|
|
|
|
Date of Incorporation : |
22.09.1952 |
|
|
|
|
Com. Reg. No.: |
CN203-562 of Cuneo since 19/02/1996 |
|
|
|
|
Legal Form : |
Joint Stock Company |
|
|
|
|
Line of Business : |
· Manufacturer of apparel (except fur apparel) · Manufacturer of underwear |
|
|
|
|
No. of Employees |
From 51 To 70 employees |
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 – december 01, 2013
|
Country Name |
Previous Rating (30.09.2013) |
Current Rating (01.12.2013) |
|
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 & address
Trucco Tessile S.p.a.
Via Torino, 187
12038 - Savigliano (CN) -IT-
Summary
|
Fiscal Code |
: |
00181310046 |
|
Legal Form |
: |
Joint stock company |
|
start of Activities |
: |
22/09/1952 |
|
Equity |
: |
Over 2.582.254 |
|
Turnover Range |
: |
7.750.000/9.000.000 |
|
Number of Employees |
: |
from 51 to 70 |
Activity
Manufacturer of apparel (except fur apparel)
Manufacturer of underwear
Legal Data
Legal Form : Joint stock company
|
Fiscal Code : 00181310046 |
|
Municipal Licence : 3664 of since
03/11/1997 |
|
Foreign Trade Reg. no. : CN002445 since
13/12/1991 |
|
Foreign Trade Reg. no. : 002445 of Cuneo
since 13/12/1991 |
|
Chamber of Commerce no. : 220865 of
Alessandria |
|
Chamber of Commerce no. : 65903 of Aosta |
|
Chamber of Commerce no. : 106028 of Asti |
|
Chamber of Commerce no. : 34336 of Cuneo
since 04/03/1953 |
|
Chamber of Commerce no. : 437507 of Genova |
|
Chamber of Commerce no. : 451834 of Genova |
|
Chamber of Commerce no. : 932126 of Torino |
|
Chamber of Commerce no. : 192243 of
Verbania |
|
Firms' Register : CN203-562 of Cuneo since
19/02/1996 |
|
V.A.T. Code : 00181310046 |
|
Tribunal Co. Register : 562 of |
|
Foundation date |
: 22/09/1952 |
|
|
Establishment date |
: 22/09/1952 |
|
|
Start of Activities |
: 22/09/1952 |
|
|
Legal duration |
: 31/12/2050 |
|
|
Nominal Capital |
: 8.553.120 |
|
|
Subscribed Capital |
: 8.909.500 |
|
|
Paid up Capital |
: 8.909.500 |
Members
|
Trucco |
Luca |
|
|
Born in Torino |
(TO) |
on 10/12/1966 |
- Fiscal Code : TRCLCU66T10L219R |
|
|
Residence: |
Cravetta |
, 22 |
- 12038 |
Savigliano |
(CN) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
26/04/2012 |
||
|
Managing Director |
26/04/2012 |
|
|
No Prejudicial
events are reported |
|
|
No Protests
registered |
|
Trucco |
Agostino |
|
|
Born in Torino |
(TO) |
on 29/01/1958 |
- Fiscal Code : TRCGTN58A29L219W |
|
|
Residence: |
San Bernardo |
, 22 |
- 12038 |
Savigliano |
(CN) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
26/04/2012 |
||
|
Managing Director |
26/04/2012 |
|
|
No Prejudicial
events are reported |
|
|
No Protests
registered |
|
Vadala' |
Germano Andrea |
|
|
Born in Genova |
(GE) |
on 17/02/1940 |
- Fiscal Code : VDLGMN40B17D969C |
|
|
Residence: |
Antica Romana Quinto Sc. A |
, 10/009 |
- 16100 |
Genova |
(GE) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
26/04/2012 |
|
Trucco |
Pietro |
|
|
Born in Savigliano |
(CN) |
on 16/02/1930 |
- Fiscal Code : TRCPTR30B16I470A |
|
|
Residence: |
Santarosa |
, 28 |
- 12038 |
Savigliano |
(CN) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
26/04/2012 |
|
Trucco |
Ettore |
|
|
Born in Torino |
(TO) |
on 12/11/1959 |
- Fiscal Code : TRCTTR59S12L219I |
|
|
Residence: |
Claret |
, 17 |
- 12038 |
Savigliano |
(CN) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
26/04/2012 |
||
|
Board Chairman |
26/04/2012 |
||
|
Managing Director |
26/04/2012 |
|
|
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.
|
Trucco |
Luca |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
TRUCCO LUCA |
- - |
TRCLCU66T10L219R |
Proprietor |
Withdrawn |
Registered |
|
T.e.s. S.n.c. Di Giorgio Trucco E C. |
Savigliano (CN) - IT - |
03299730048 |
Partner |
Active |
Registered |
|
Trucco |
Agostino |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
TRUCCO SISTEMI DI TRUCCO AGOSTINO eamp;
TRUCCO ETTORE MARCELLO S.N.C. |
Savigliano (CN) - IT - |
01946820048 |
Partner |
Withdrawn |
Registered |
|
T.e.s. S.n.c. Di Giorgio Trucco E C. |
Savigliano (CN) - IT - |
03299730048 |
Partner |
Active |
Registered |
|
Agf Di Trucco Agostino E C. S.a.s. |
Saluzzo (CN) - IT - |
03486180049 |
General Partner |
Active |
Registered |
|
Trucco |
Ettore |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
T.e.s. S.n.c. Di Giorgio Trucco E C. |
Savigliano (CN) - IT - |
03299730048 |
Partner |
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 |
|
Trucco Luca |
Savigliano - IT - |
TRCLCU66T10L219R |
8.909.500 .Eur |
100,00 |
|
Trucco Agostino |
Savigliano - IT - |
TRCGTN58A29L219W |
8.909.500 .Eur |
100,00 |
|
Trucco Pietro |
Savigliano - IT - |
TRCPTR30B16I470A |
8.909.500 .Eur |
100,00 |
|
Trucco Ettore |
Savigliano - IT - |
TRCTTR59S12L219I |
8.909.500 .Eur |
100,00 |
|
Curletto Ines |
CRLNSI26E55D511K |
8.909.500 .Eur |
100,00 |
|
|
F.l.m. Finanziaria Ligure Marchi - Socie
ta' A Responsabilita' Li- Mitata |
02808980102 |
8.909.500 .Eur |
100,00 |
|
|
Savilla S.p.a. |
03643290012 |
8.909.500 .Eur |
100,00 |
|
|
Trucco Cristina |
TRCCST55B49L219U |
8.909.500 .Eur |
100,00 |
|
|
Ferraris Nicolo' |
FRRNCL91C17I470H |
8.909.500 .Eur |
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 |
|
Spazio Intimo S.r.l. - In Liquidazione |
02282020045 |
49.063 .Eur |
50,00 |
Active |
Firm's location and structure
In order to carry out its activities the
firm uses the following locations:
|
- |
Legal and
operative seat |
since 22/09/1952 |
|
Torino |
, 187 |
- 12038 |
- Savigliano |
(CN) |
- IT - |
|
Total Surface: 158 Sq.mt. |
|
PHONE |
: 0172372111 |
|
FAX |
: 0172372190 |
|
- |
Branch |
(Shop) |
since 22/11/1997 |
|
Europa - Galleria San Carlo |
, 9 |
- 12100 |
- Cuneo |
(CN) |
- IT - |
|
Trading Style: SPACCI OK |
|
Total Surface: 158 Sq.mt. |
|
PHONE |
: 01716284 |
|
- |
Branch |
(Shop) |
since 30/10/1999 |
|
Cavour |
, 16 |
- 12051 |
- Alba |
(CN) |
- IT - |
|
Trading Style: SPACCIO OK |
|
Total Surface: 250 Sq.mt. |
|
PHONE |
: 0173364947 |
|
- |
Branch |
(Factory) |
since 29/02/2000 |
|
Svizzera |
, 165 |
- 10100 |
- Torino |
(TO) |
- IT - |
|
Trading Style: SPACCIOK |
|
Total Surface: 149 Sq.mt. |
|
PHONE |
: 0121342996 |
|
FAX |
: 0172372190 |
|
- |
Branch |
(Shop) |
since 11/11/2006 |
|
Piemonte |
, 1 |
- 12037 |
- Saluzzo |
(CN) |
- IT - |
|
Trading Style: SPACCIOK L'OUTLET
DELL'INTIMO |
|
Total Surface: 165 Sq.mt. |
|
PHONE |
: 017546696 |
|
- |
Branch |
(Shop) |
since 17/03/2009 |
|
Levi |
, 6 |
- 12084 |
- Mondovi' |
(CN) |
- IT - |
|
Trading Style: SPACCIOK L'OUTLET
DELL'INTIMO |
|
Total Surface: 179 Sq.mt. |
|
PHONE |
: 017440060 |
|
- |
Branch |
(Shop) |
since 08/03/2002 |
|
Duomo |
, 16 |
- 10064 |
- Pinerolo |
(TO) |
- IT - |
|
Trading Style: SPACCIO OK |
|
Total Surface: 120 Sq.mt. |
|
PHONE |
: 0172372145 |
|
- |
Branch |
(Shop) |
since 22/09/2001 |
|
Statuto |
, 1 |
- 12084 |
- Mondovi' |
(CN) |
- IT - |
|
Trading Style: SPACCIOK |
|
Total Surface: 133 Sq.mt. |
|
- |
Branch |
(Shop) |
since 02/06/2007 |
|
Don Orione |
, 45 |
- 12042 |
- Bra |
(CN) |
- IT - |
|
Trading Style: SPACCIOK L'OUTLET
DELL'INTIMO |
|
Total Surface: 107 Sq.mt. |
|
- |
Branch |
(Shop) |
since 03/09/2011 |
|
Togliatti |
, 32/A |
- 12038 |
- Savigliano |
(CN) |
- IT - |
|
Trading Style: KIDS FACTORY STORE |
|
Total Surface: 341 Sq.mt. |
|
- |
Branch |
(Shop) |
since 06/03/2004 |
|
Dante |
, 24 |
- 15100 |
- Alessandria |
(AL) |
- IT - |
|
Trading Style: SPACCIOK |
|
Total Surface: 116 Sq.mt. |
|
- |
Branch |
(Shop) |
since 12/03/2005 |
|
Grand Chemin |
, 76 |
- 11100 |
- Saint Christophe |
(AO) |
- IT - |
|
Trading Style: SPACCIOK L'OUTLET
DELL'INTIMO |
|
Total Surface: 386 Sq.mt. |
|
- |
Branch |
(Shop) |
since 03/05/2003 |
|
Alla Vittoria |
, 63/65 |
- 14100 |
- Asti |
(AT) |
- IT - |
|
Trading Style: SPACCIOK |
|
Total Surface: 245 Sq.mt. |
|
- |
Branch |
(Shop) |
since 19/04/2008 |
|
Sestri |
, 229/R |
- 16100 |
- Genova |
(GE) |
- IT - |
|
Trading Style: MOONAMOUR PIGIAMI
INTIMO |
|
Total Surface: 57 Sq.mt. |
|
- |
Branch |
(Shop) |
since 20/11/2010 |
|
Colombo 45 R - Negozio A |
, . |
- 16100 |
- Genova |
(GE) |
- IT - |
|
Trading Style: SPACCIOK L'OUTLET
DELL'INTIMO |
|
- |
Branch |
(Shop) |
since 20/11/2010 |
|
Colombo 45 R - Negozio B |
, . |
- 16100 |
- Genova |
(GE) |
- IT - |
|
Trading Style: SPACCIOK L'OUTLET
DELL'INTIMO |
|
- |
Branch |
(Shop) |
since 20/06/2004 |
|
Torino |
, 6 |
- 10064 |
- Roletto |
(TO) |
- IT - |
|
Trading Style: SPACCIOK |
|
Total Surface: 149 Sq.mt. |
|
- |
Branch |
(Shop) |
since 24/11/2007 |
|
Bobba |
, 20/D |
- 10022 |
- Carmagnola |
(TO) |
- IT - |
|
Trading Style: SPACCIOK L'OUTLET
DELL'INTIMO |
|
Total Surface: 143 Sq.mt. |
|
- |
Branch |
(Shop) |
since 04/06/2011 |
|
Sestriere |
, 9 |
- 10024 |
- Moncalieri |
(TO) |
- IT - |
|
Trading Style: SPACCIOK |
|
Total Surface: 127 Sq.mt. |
|
- |
Branch |
(Shop) |
since 07/07/2004 |
|
San Vittore |
, 25 |
- 28050 |
- Verbania |
(VB) |
- IT - |
|
Trading Style: SPACCIOK |
|
Total Surface: 107 Sq.mt. |
|
Employees |
: 67 |
|
Assistants |
: 3 |
|
Fittings and Equipment for a value of
810.000 |
Eur |
|
Stocks for a value of 2.980.000 |
Eur |
|
Furniture and fittings for a value of
120.000 |
Eur |
|
Vehicles for a value of 150.000 |
Eur |
The firm operates abroad as importer /
exporter..
To purchase foreign products the firm uses
the following channels :
|
- joint-ventures with foreign companies |
Export represents up to 20% of the global
turnover.
Products abroad are placed by :
|
- importers |
Import comes generally from the following
nations:
|
- Italy |
|
- Gabon |
Export is mainly towards:
|
- Italy |
|
- Austria |
Historical Information and/or Firm's Status
CHANGES TO THE
LEGAL FORM:
|
Former legal form |
New legal form |
Changement Date |
|
Hereditary communion |
Limited partnership |
30/12/1972 |
|
Limited partnership |
Joint stock company |
17/04/1984 |
COMPANY STYLE
MODIFICATIONS:
|
Former Style |
New Style |
Changement Date |
|
CI.TI. Confezioni Trucco Industria Pigiama
di G. Trucco eamp; C. |
17/04/1984 |
EX-MEMBERS /
EX-POSITIONS:
|
Trucco |
Agostino |
|
|
Born in Torino |
(TO) |
on 29/01/1958 |
- Fiscal Code : TRCGTN58A29L219W |
|
|
Residence: |
San Bernardo |
, 22 |
- 12038 |
Savigliano |
(CN) |
- IT - |
|
Ex-Postions |
|
Chairman and Managing Director |
|
Board Chairman |
|
Allocco |
Bernardino |
|
|
Born in Savigliano |
(CN) |
on 29/01/1941 |
- Fiscal Code : LLCBNR41A29I470N |
|
|
Residence: |
De Gasperi |
, 12 |
- 12038 |
Savigliano |
(CN) |
- IT - |
|
Ex-Postions |
|
Attorney with special power |
|
Rabagliati |
Rodolfo |
|
|
Born in Moretta |
(CN) |
on 01/02/1942 |
- Fiscal Code : RBGRLF42B01F723O |
|
|
Residence: |
Bertano |
, 3/BIS |
- 12100 |
Cuneo |
(CN) |
- IT - |
|
Ex-Postions |
|
Chairman of the Board of Aud. |
|
Gramondi |
Massimo |
|
|
Born in Cuneo |
(CN) |
on 26/08/1960 |
- Fiscal Code : GRMMSM60M26D205B |
|
|
Residence: |
G. Abate |
, 28 |
- 12016 |
Peveragno |
(CN) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
|
Mariotta |
Armando |
|
|
Born in Saluzzo |
(CN) |
on 16/09/1947 |
- Fiscal Code : MRTRND47P16H727L |
|
|
Residence: |
Martiri Della Liberazione |
, 23 |
- 12037 |
Saluzzo |
(CN) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
Toto |
Mario |
|
|
Born in Minervino di Lecce |
(LE) |
on 04/09/1944 |
- Fiscal Code : TTOMRA44P04F221X |
|
|
Residence: |
Nizza |
, 63 |
- 12100 |
Cuneo |
(CN) |
- IT - |
|
Ex-Postions |
|
Permanent Auditor |
|
Mondino |
Guido |
|
|
Born in Savigliano |
(CN) |
on 19/05/1957 |
- Fiscal Code : MNDGDU57E19I470R |
|
|
Residence: |
Nicola Effettivo |
, 47 |
- 12038 |
Savigliano |
(CN) |
- IT - |
|
Ex-Postions |
|
Permanent Auditor |
|
|
Gamba |
Dante |
|
|
Born in Torino |
(TO) |
on 24/11/1935 |
- Fiscal Code : GMBDNT35S24L219M |
|
|
Residence: |
Peschiera |
, 291 |
- 10100 |
Torino |
(TO) |
- IT - |
|
Ex-Postions |
|
Permanent Auditor |
|
Trucco |
Ettore Marcello |
|
|
Born in Torino |
(TO) |
on 12/11/1959 |
- Fiscal Code : TRCTRM59S12L219X |
|
|
Residence: |
Claret |
, 17 |
- 12038 |
Savigliano |
(CN) |
- IT - |
|
Ex-Postions |
|
Board Chairman |
|
Director |
|
Managing Director |
|
Bossi |
Carlo |
|
|
Born in Milano |
(MI) |
on 01/12/1936 |
- Fiscal Code : BSSCRL36T01F205X |
|
|
Residence: |
G. Casalis |
, 13 |
- 10100 |
Torino |
(TO) |
- IT - |
|
Ex-Postions |
|
Chairman of the Board of Aud. |
|
Trucco |
Giorgio |
|
|
Born in Savigliano |
(CN) |
on 05/07/1932 |
- Fiscal Code : TRCGRG32L05I470D |
|
|
Fiscal residence: |
Chicchigneto |
, 4 |
- 12038 |
Savigliano |
(CN) |
- IT - |
|
Ex-Postions |
|
Chairman and Managing Director |
|
Sole Director |
|
Sole Director |
CEASINGS/INCORPORATIONS/MERGES:
|
The firm
absorved |
|
|
|
|
Svizzera |
, 165 |
, 10100 |
, Torino |
(TO) |
- IT - |
|
|
Fiscal Code: 00516730017 |
|
|
Date |
: |
20/09/1999 |
|
Project of
merging by taking over of |
|
|
|
|
Svizzera |
, 165 |
, 10100 |
, Torino |
(TO) |
- IT - |
|
|
Fiscal Code: 00516730017 |
|
|
Date |
Merging/splitting-up project: |
19/02/1999 |
|
The firm
absorbed by merging of |
|
|
|
|
Svizzera |
, 165 |
, 10100 |
, Torino |
(TO) |
- IT - |
|
|
Fiscal Code: 00516730017 |
|
|
Date |
: |
20/09/1999 |
Potests
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
Subject is active since 1952
Balance sheets for the years 2010, 2011 and
2012 were analyzed.
Last two financial years were marked by
losses; in 2012 r.o.e. is -2,46%. During the last financial years the downward
trend in the turnover caused the a.m. losses.
The operating result is negative.
the operating loss amounts to Eur. -397.768.
The gross operating margin of the latest
financial year is of Eur. 90.826 with a -84,19% fall.
Indebtedness is scanty since debts are lower
than liquidity.
Subject can manage an equity capital funds
for an amount of Eur. 10.070.864 , unchanged as opposed to the preceding year.
During the last financial year debts
totalled Eur. 1.382.412 (Eur. 170.000 of which were m/l term debts) with a
downward trend if compared to the preceding year (-28,18%).
Bank and suppliers credit recourse is
limited, 41,55 gg. is payment average period which is also lower than the
sector average.
Payments are supported by good current
assets.
Trade credits average terms are slow, on
average 100,41 days. but on the same levels as the average of the sector.
As far as the cash flow is concerned during
the latest financial year it amounted to Eur. 240.434
Labour cost expenses amount to Eur.
2.009.783 , representing 21,04% on the total of production costs. , whereas the
incidence of such costs on sales revenues is equal to 22,67%.
Financial incomes cover financial charges.
Financial Data
|
|
Complete balance-sheet for the year |
31/12/2012 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
8.865.034 |
|
Profit (Loss) for the period |
-248.160 |
|
Complete balance-sheet for the year |
31/12/2011 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
10.779.540 |
|
Profit (Loss) for the period |
-191.329 |
|
Complete balance-sheet for the year |
31/12/2010 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
11.899.018 |
|
Profit (Loss) for the period |
-96.971 |
|
Complete balance-sheet for the year |
31/12/2009 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
12.220.974 |
|
Profit (Loss) for the period |
55.602 |
|
Complete balance-sheet for the year |
31/12/2008 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
12.736.282 |
|
Profit (Loss) for the period |
-169.450 |
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 |
0,21 |
0,23 |
0,21 |
0,14 |
|
Elasticity Ratio |
Units |
0,79 |
0,77 |
0,79 |
0,84 |
|
Availability of stock |
Units |
0,24 |
0,24 |
0,20 |
0,24 |
|
Total Liquidity Ratio |
Units |
0,56 |
0,54 |
0,59 |
0,53 |
|
Quick Ratio |
Units |
0,30 |
0,26 |
0,28 |
0,03 |
|
COMPOSITION ON
SOURCE |
|||||
|
Net Short-term indebtedness |
Units |
n.c. |
n.c. |
n.c. |
3,78 |
|
Self Financing Ratio |
Units |
0,80 |
0,77 |
0,76 |
0,17 |
|
Capital protection Ratio |
Units |
0,14 |
0,16 |
0,16 |
0,66 |
|
Liabilities consolidation quotient |
Units |
0,90 |
0,78 |
0,71 |
0,14 |
|
Financing |
Units |
0,14 |
0,19 |
0,20 |
4,55 |
|
Permanent Indebtedness Ratio |
Units |
0,89 |
0,86 |
0,86 |
0,33 |
|
M/L term Debts Ratio |
Units |
0,09 |
0,09 |
0,09 |
0,09 |
|
Net Financial Indebtedness Ratio |
Units |
0,00 |
0,00 |
0,00 |
1,26 |
|
CORRELATION |
|||||
|
Fixed assets ratio |
Units |
4,32 |
3,81 |
4,16 |
1,87 |
|
Current ratio |
Units |
8,26 |
6,37 |
6,13 |
1,17 |
|
Acid Test Ratio-Liquidity Ratio |
Units |
5,80 |
4,41 |
4,56 |
0,79 |
|
Structure's primary quotient |
Units |
3,90 |
3,39 |
3,71 |
1,13 |
|
Treasury's primary quotient |
Units |
3,16 |
2,17 |
2,15 |
0,04 |
|
Rate of indebtedness ( Leverage ) |
% |
125,14 |
130,44 |
131,10 |
587,75 |
|
Current Capital ( net ) |
Value |
8.796.840 |
8.773.897 |
9.151.061 |
209.248 |
|
RETURN |
|||||
|
Return on Sales |
% |
2,71 |
3,06 |
2,96 |
2,26 |
|
Return on Equity - Net- ( R.O.E. ) |
% |
-2,46 |
-1,85 |
-0,92 |
3,48 |
|
Return on Equity - Gross - ( R.O.E. ) |
% |
-2,10 |
-1,15 |
-0,22 |
12,19 |
|
Return on Investment ( R.O.I. ) |
% |
-3,16 |
0,40 |
-1,16 |
3,83 |
|
Return/ Sales |
% |
-4,49 |
0,50 |
-1,34 |
3,45 |
|
Extra Management revenues/charges incid. |
% |
n.c. |
-356,29 |
n.c. |
20,46 |
|
Cash Flow |
Value |
240.434 |
329.508 |
352.323 |
50.400 |
|
Operating Profit |
Value |
-397.768 |
53.700 |
-159.743 |
68.610 |
|
Gross Operating Margin |
Value |
90.826 |
574.537 |
289.551 |
124.742 |
|
MANAGEMENT |
|||||
|
Credits to clients average term |
Days |
100,41 |
107,32 |
114,44 |
120,68 |
|
Debts to suppliers average term |
Days |
41,55 |
50,15 |
50,66 |
115,81 |
|
Average stock waiting period |
Days |
120,90 |
106,55 |
84,82 |
78,40 |
|
Rate of capital employed return ( Turnover
) |
Units |
0,70 |
0,80 |
0,86 |
1,14 |
|
Rate of stock return |
Units |
2,98 |
3,38 |
4,24 |
4,57 |
|
Labour cost incidence |
% |
22,67 |
22,36 |
18,78 |
12,27 |
|
Net financial revenues/ charges incidence |
% |
0,99 |
-1,36 |
1,24 |
-1,84 |
|
Labour cost on purchasing expenses |
% |
21,04 |
21,04 |
17,95 |
12,16 |
|
Short-term financing charges |
% |
n.c. |
9,10 |
n.c. |
3,35 |
|
Capital on hand |
% |
142,16 |
124,87 |
115,80 |
87,41 |
|
Sales pro employee |
Value |
124.859 |
143.727 |
172.449 |
245.343 |
|
Labour cost pro employee |
Value |
28.306 |
32.133 |
32.390 |
32.046 |
Market / Territory Data
|
Population living in the province |
: |
|
|
Population living in the region |
: |
|
|
Number of families in the region |
: |
|
569.987Monthly
family expenses 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 864
significant companies.
The companies cash their credits on an
average of 121 dd.
The average duration of suppliers debts is
about 116 dd.
The sector's profitability is on an average
of 2,26%.
The labour cost affects the turnover in the
measure of 12,27%.
Goods are held in stock in a range of 78 dd.
The difference between the sales volume and
the resources used to realize it is about 1,14.
The employees costs represent the 12,16% of
the production costs.
Statistical Detrimental Data
Statistically the trade activity passes
through serious crises.
The area is statistically considered lowly
risky.
In the region 27.019 protested subjects are
found; in the province they count to 1.458.
The insolvency index for the region is 0,63,
, while for the province it is 0,26.
Total Bankrupt companies in the province :
1.299.
Total Bankrupt companies in the region :
14.165.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.60.95 |
|
UK Pound |
1 |
Rs.101.37 |
|
Euro |
1 |
Rs.84.89 |
INFORMATION DETAILS
|
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.