|
Report Date : |
02.05.2014 |
IDENTIFICATION DETAILS
|
Name : |
SCOUT S.R.L |
|
|
|
|
Registered Office : |
Via Degli Scudai, Funo 40050- Argelato (BO) |
|
|
|
|
Country : |
Italy |
|
|
|
|
Financials (as on) : |
31.12.2012 |
|
|
|
|
Date of Incorporation : |
08.11.1990 |
|
|
|
|
Legal Form : |
Limited liability company |
|
|
|
|
Line of Business : |
|
|
|
|
|
No. of Employees |
From 91 to 110 |
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 : |
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 – 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 |
|
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 |
SCOUT S.R.L
Via Degli Scudai, FUNO 40050 - Argelato (BO) -IT-
|
Fiscal Code |
: |
03964120376 |
|
Legal Form |
: |
Limited liability company |
|
start of Activities |
: |
08/11/1990 |
|
Equity |
: |
Over 2.582.254 |
|
Turnover Range |
: |
25.000.000/35.000.000 |
|
Number of Employees |
: |
from 91 to 110 |
Wholesale of clothing and footwear
Wholesale of clothing and accessories
Legal Form : Limited liability company
|
Fiscal Code : 03964120376 |
|
Chamber of Commerce no. : 329646 of Bologna since 24/07/1990 |
|
Chamber of Commerce no. : 172170 of Ferrara since 03/04/2000 |
|
Chamber of Commerce no. : 300679 of Forli' |
|
Chamber of Commerce no. : 468978 of Genova |
|
Chamber of Commerce no. : 1975153 of Milano |
|
Chamber of Commerce no. : 217789 of Parma |
|
Chamber of Commerce no. : 197058 of Ravenna |
|
Chamber of Commerce no. : 1389669 of Roma |
|
Chamber of Commerce no. : 157836 of Sassari |
|
Chamber of Commerce no. : 1165389 of Torino |
|
Firms' Register : BO006-54713 of Bologna since 19/02/1996 |
|
Firms' Register : BO006-54713 of Ferrara |
|
V.A.T. Code : 00682671201 |
|
R. E. C. no. : 61662 of Bologna since 17/10/1990 |
|
Tribunal Co. Register : 54713 of since 07/07/1990 |
|
Foundation date |
: 27/03/1990 |
|
|
Establishment date |
: 27/03/1990 |
|
|
Start of Activities |
: 08/11/1990 |
|
|
Legal duration |
: 31/12/2040 |
|
|
Nominal Capital |
: 100.000 |
|
|
Subscribed Capital |
: 100.000 |
|
|
Paid up Capital |
: 100.000 |
|
Atti |
Susanna |
|
Born in Bologna |
(BO) |
on 05/02/1962 |
- Fiscal Code : TTASNN62B45A944X |
|
Residence: |
Pradalbino |
, 3 |
- 40050 |
Monte San Pietro |
(BO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Partner |
|||
|
Director |
27/10/2008 |
|
No Prejudicial events are reported |
|
No Protests registered |
|
Poluzzi |
Michela |
|
Born in Bologna |
(BO) |
on 22/05/1991 |
- Fiscal Code : PLZMHL91E62A944X |
|
Residence: |
Pradalbino |
, 3 |
- 40050 |
Monte San Pietro |
(BO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
27/09/2010 |
|
Poluzzi |
Giulia |
|
Born in Bologna |
(BO) |
on 14/03/1988 |
- Fiscal Code : PLZGLI88C54A944F |
|
Residence: |
Antonio Aldini |
, 28 |
- 40136 |
Bologna |
(BO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
27/10/2008 |
|
Poluzzi |
Stefano |
|
Born in Bologna |
(BO) |
on 24/12/1958 |
- Fiscal Code : PLZSFN58T24A944F |
|
Residence: |
Pradalbino |
, 3 |
- 40050 |
Monte San Pietro |
(BO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
27/10/2008 |
||
|
Board Chairman |
27/10/2008 |
|
Prejudicial Events found with cancellations* |
Legal Mortgage - 28/07/2006. - 34.603 Euro. Event writing-off
|
GEST LINE S. P. A. |
|
No Protests registered |
*Concerns also partially erased events.
*checkings have been performed on a national scale.
In this module are listed the companies in which members hold or have holded positions.
|
Poluzzi |
Stefano |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Unic S.r.l. |
Bologna (BO) - IT - |
00864620372 |
Director |
Active |
Registered |
|
NORD*AMERICA S.N.C. DI ANTHOINE DIETRICHMARCO eamp; C. |
Argelato (BO) - IT - |
04013470374 |
Partner |
Withdrawn |
Registered |
|
Lindbergh S.r.l. |
Vicenza (VI) - IT - |
02612050241 |
Director |
Active |
Registered |
|
Lindbergh S.r.l. |
Vicenza (VI) - IT - |
02612050241 |
Board Chairman |
Active |
Registered |
|
Scout Bologna S.r.l. |
Bologna (BO) - IT - |
01864511207 |
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.
Shareholders' list as at date of data collection:
|
Firm's Style / Name |
Seat / Residence |
Fiscal Code |
Owned Shares |
% Ownership |
|
Poluzzi Stefano |
Monte San Pietro - IT - |
PLZSFN58T24A944F |
57.000 .Eur |
57,00 |
|
Atti Susanna |
Monte San Pietro - IT - |
TTASNN62B45A944X |
43.000 .Eur |
43,00 |
The Company under review has participations in the following Companies:
|
Firm's Style |
Seat |
Fiscal Code |
Owned Shares Amount |
% Ownership |
since |
until |
Share Status |
|
Scout Bologna S.r.l. |
Bologna - IT - |
01864511207 |
10.000.000 .Eur |
50,00 |
Active |
In order to carry out its activities the firm uses the following locations:
|
- |
Legal and operative seat |
since 14/10/1991 |
|
Degli Scudai |
, Loc: FUNO |
- 40050 |
- Argelato |
(BO) |
- IT - |
|
- |
Branch |
(Warehouse) |
since 11/10/2004 |
|
38 Bis Centergross |
- 40050 |
- Argelato |
(BO) |
- IT - |
|
PHONE |
: 0521281386 |
|
FAX |
: 0521507753 |
|
- |
Branch |
(Shop) |
since 26/03/2000 |
|
Mazzini |
, 105/107 |
- 44100 |
- Ferrara |
(FE) |
- IT - |
|
Total Surface: 113 Sq.mt. |
|
- |
Branch |
(Shop) |
since 10/05/2004 |
|
Duomo |
, 3 |
- 47100 |
- Forli' |
(FO) |
- IT - |
|
Total Surface: 245 Sq.mt. |
|
- |
Branch |
(Shop) |
since 01/10/2013 |
|
Xii Ottobre |
, 16R |
- 16100 |
- Genova |
(GE) |
- IT - |
|
Total Surface: 248 Sq.mt. |
|
- |
Branch |
(Shop) |
since 01/01/2012 |
|
Di Porta Ticinese |
, 12 |
- 20100 |
- Milano |
(MI) |
- IT - |
|
Total Surface: 926 Sq.mt. |
|
- |
Branch |
(Shop) |
since 07/09/2001 |
|
D'azeglio |
, 50 |
- 43100 |
- Parma |
(PR) |
- IT - |
|
Total Surface: 186 Sq.mt. |
|
- |
Branch |
(Shop) |
since 12/10/2010 |
|
Degli Ariani |
, 12 |
- 48100 |
- Ravenna |
(RA) |
- IT - |
|
Total Surface: 338 Sq.mt. |
|
- |
Branch |
(Shop) |
since 03/01/2011 |
|
Della Legna |
, 1 |
- 48018 |
- Faenza |
(RA) |
- IT - |
|
Total Surface: 71 Sq.mt. |
|
- |
Branch |
(Shop) |
since 25/11/2013 |
|
Tomacelli |
, 136 |
- 00100 |
- Roma |
(RM) |
- IT - |
|
Total Surface: 27 Sq.mt. |
|
- |
Branch |
(Shop) |
since 25/11/2013 |
|
Tomacelli |
, 137 |
- 00100 |
- Roma |
(RM) |
- IT - |
|
Total Surface: 218 Sq.mt. |
|
- |
Branch |
(Shop) |
since 23/06/1999 |
|
Portisco Strada Panoramica |
, KM.0,100 |
- 07026 |
- Olbia |
(SS) |
- IT - |
|
Total Surface: 70 Sq.mt. |
|
- |
Branch |
(Shop) |
since 08/11/2012 |
|
Viotti |
, 8G |
- 10100 |
- Torino |
(TO) |
- IT - |
|
Total Surface: 235 Sq.mt. |
|
Employees |
: 100 |
|
Assistants |
: 1 |
|
Fittings and Equipment for a value of 1.140.000 |
Eur |
|
Stocks for a value of 2.950.000 |
Eur |
|
Vehicles for a value of 62.000 |
Eur |
EX-MEMBERS / EX-POSITIONS:
|
Bollini |
Bruno |
|
Born in BOLOGNA |
(BO) |
on 12/06/1936 |
- Fiscal Code : BLLBRN36H12A944D |
|
Residence: |
DELLE FONTI |
, 4 |
- 40100 |
Bologna |
(BO) |
- IT - |
|
Ex-Postions |
|
Managing Director |
|
Stefanelli |
Daniele |
|
Born in Bologna |
(BO) |
on 08/01/1970 |
- Fiscal Code : STFDNL70A08A944T |
|
Residence: |
Casadio |
, 42 |
- 40050 |
Argelato |
(BO) |
- IT - |
|
Ex-Postions |
|
Director |
|
Atti |
Susanna |
|
Born in Bologna |
(BO) |
on 05/02/1962 |
- Fiscal Code : TTASNN62B45A944X |
|
Residence: |
Pradalbino |
, 3 |
- 40050 |
Monte San Pietro |
(BO) |
- IT - |
|
Ex-Postions |
|
Director |
|
Poluzzi |
Stefano |
|
Born in Bologna |
(BO) |
on 24/12/1958 |
- Fiscal Code : PLZSFN58T24A944F |
|
Residence: |
Pradalbino |
, 3 |
- 40050 |
Monte San Pietro |
(BO) |
- IT - |
|
Ex-Postions |
|
Director |
|
Board Chairman |
|
Director |
|
Chairman |
|
Project of merging by taking over of |
|
RIALTO DI POLUZZI STEFANO E C. SAS |
|
, Parma |
- IT - |
|
Fiscal Code: 01677480343 |
|
Date |
Merging/splitting-up project: |
05/05/2010 |
|
The firm absorbed by merging of |
|
EFFETTI DALL'INIZIO MESE SUCC. A QUELLOULTIMA ISCRIZIONE |
|
Date |
: |
13/09/2010 |
|
Project of merging by taking over of |
|
FULGEA S.R.L. UNIPERSONALE |
|
, 48018 |
, Faenza |
(RA) |
- IT - |
|
Fiscal Code: 02344850397 |
|
Date |
Merging/splitting-up project: |
30/07/2010 |
|
The firm absorbed by merging of |
|
EFF.CIV. DA INIZIO MESE SUCC. A QUELLO ULTIMA ISCRIZ. |
|
Date |
: |
17/11/2010 |
|
Project of merging by taking over of |
|
SCOUT MILANO SRL U.S. |
|
, Milano |
- IT - |
|
Fiscal Code: 06696570966 |
|
Date |
Merging/splitting-up project: |
21/09/2011 |
|
The firm absorbed by merging of |
|
EFFETTI DALL'INIZIO DEL MESE SUCC. ALL'ULTIMA ISCRIZ. |
|
Date |
: |
30/11/2011 |
Protests checking on the subject firm has given a negative result.
Search performed on a National Scale
|
Prejudicial Events Search Result: NEGATIVE |
Search performed on a specialized data base.
None reported, standing to the latest received edition of the Official Publications.
Subject is active since 1990
The eonomic-financial analysis is based on the latest 3 b/s.
During the last years, it achieved profits (r.o.e. 23,31% on 2012) with a stable trend in the turnover.
The operating result in 2012 was positive (20,64%) and higler than the field average.
The amount of the operating result for the year 2012 is of Eur. 4.392.896 , with no sizeable change as opposed to the year before.
The G.O.M. amounted to Eur. 5.151.456 , stable if compared to the year before.
Indebtedness is scanty since debts are lower than liquidity.
With regard to equity capital, an amount of Eur. 14.194.693 is registered. , increasing by 22,51% if compared to the year before.
During the last financial year total debts volume reached Eur. 6.192.690 (Eur. 1.733.692 were m/l term ones) with no important change.
Bank exsposure is limited and the suppliers' credit is modest too, 59,08 gg. is the payment average period below field's average.
Payments are supported by good current assets.
Trade credits average terms are 25,15 days. , that compared to the sector's average is shorter.
Eur. 4.067.344 is the value of cash flow during the year 2012
Subordinate employment cost is of Eur. 2.842.888, i.e. 12,81% on total production costs. , with a 10,81% incidence on turnover.
The financial charges do not negatively affect the management, as they are covered by the incomes.
|
Complete balance-sheet for the year |
31/12/2012 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
26.286.655 |
|
Profit (Loss) for the period |
3.308.784 |
|
Complete balance-sheet for the year |
31/12/2011 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
24.732.364 |
|
Profit (Loss) for the period |
2.938.092 |
|
Complete balance-sheet for the year |
31/12/2010 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
19.680.404 |
|
Profit (Loss) for the period |
2.545.755 |
|
Complete balance-sheet for the year |
31/12/2009 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
15.308.844 |
|
Profit (Loss) for the period |
1.746.968 |
|
Complete balance-sheet for the year |
31/12/2008 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
14.011.474 |
|
Profit (Loss) for the period |
1.156.693 |
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 |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
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 |
0,31 |
0,33 |
0,38 |
0,09 |
|
Elasticity Ratio |
Units |
0,64 |
0,58 |
0,53 |
0,89 |
|
Availability of stock |
Units |
0,14 |
0,24 |
0,15 |
0,26 |
|
Total Liquidity Ratio |
Units |
0,50 |
0,34 |
0,38 |
0,54 |
|
Quick Ratio |
Units |
0,37 |
0,24 |
0,23 |
0,03 |
|
COMPOSITION ON SOURCE |
|||||
|
Net Short-term indebtedness |
Units |
n.c. |
n.c. |
0,00 |
3,95 |
|
Self Financing Ratio |
Units |
0,67 |
0,64 |
0,57 |
0,17 |
|
Capital protection Ratio |
Units |
0,76 |
0,74 |
0,70 |
0,62 |
|
Liabilities consolidation quotient |
Units |
0,50 |
0,61 |
0,80 |
0,10 |
|
Financing |
Units |
0,44 |
0,51 |
0,68 |
4,85 |
|
Permanent Indebtedness Ratio |
Units |
0,77 |
0,77 |
0,75 |
0,29 |
|
M/L term Debts Ratio |
Units |
0,10 |
0,13 |
0,18 |
0,07 |
|
Net Financial Indebtedness Ratio |
Units |
0,00 |
0,00 |
0,00 |
1,04 |
|
CORRELATION |
|||||
|
Fixed assets ratio |
Units |
2,49 |
2,32 |
1,98 |
2,37 |
|
Current ratio |
Units |
3,06 |
2,73 |
2,32 |
1,18 |
|
Acid Test Ratio-Liquidity Ratio |
Units |
2,40 |
1,60 |
1,68 |
0,80 |
|
Structure's primary quotient |
Units |
2,16 |
1,92 |
1,51 |
1,48 |
|
Treasury's primary quotient |
Units |
1,77 |
1,12 |
1,00 |
0,04 |
|
Rate of indebtedness ( Leverage ) |
% |
149,97 |
156,98 |
174,15 |
602,26 |
|
Current Capital ( net ) |
Value |
9.170.466 |
6.695.655 |
4.589.990 |
191.984 |
|
RETURN |
|||||
|
Return on Sales |
% |
15,47 |
14,36 |
15,31 |
2,03 |
|
Return on Equity - Net- ( R.O.E. ) |
% |
23,31 |
25,36 |
28,95 |
6,31 |
|
Return on Equity - Gross - ( R.O.E. ) |
% |
34,12 |
39,04 |
44,22 |
17,00 |
|
Return on Investment ( R.O.I. ) |
% |
20,64 |
26,07 |
25,53 |
4,18 |
|
Return/ Sales |
% |
16,71 |
19,17 |
19,86 |
3,46 |
|
Extra Management revenues/charges incid. |
% |
75,32 |
61,96 |
65,12 |
27,96 |
|
Cash Flow |
Value |
4.067.344 |
3.552.071 |
3.013.214 |
44.823 |
|
Operating Profit |
Value |
4.392.896 |
4.741.664 |
3.909.084 |
74.603 |
|
Gross Operating Margin |
Value |
5.151.456 |
5.355.643 |
4.376.543 |
111.383 |
|
MANAGEMENT |
|||||
|
Credits to clients average term |
Days |
25,15 |
12,69 |
16,14 |
113,70 |
|
Debts to suppliers average term |
Days |
59,08 |
40,24 |
39,46 |
118,14 |
|
Average stock waiting period |
Days |
40,38 |
63,77 |
40,98 |
72,90 |
|
Rate of capital employed return ( Turnover ) |
Units |
1,23 |
1,36 |
1,29 |
1,25 |
|
Rate of stock return |
Units |
8,91 |
5,65 |
8,79 |
4,88 |
|
Labour cost incidence |
% |
10,81 |
10,18 |
9,29 |
8,14 |
|
Net financial revenues/ charges incidence |
% |
1,12 |
-0,66 |
-0,04 |
-1,38 |
|
Labour cost on purchasing expenses |
% |
12,81 |
12,43 |
11,44 |
8,25 |
|
Short-term financing charges |
% |
1,28 |
2,84 |
0,14 |
2,76 |
|
Capital on hand |
% |
80,98 |
73,54 |
77,81 |
79,85 |
|
Sales pro employee |
Value |
262.866 |
380.497 |
345.270 |
397.742 |
|
Labour cost pro employee |
Value |
28.428 |
38.747 |
32.070 |
33.267 |
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.
|
Population living in the province |
: |
944.297 |
|
Population living in the region |
: |
4.151.369 |
|
Number of families in the region |
: |
1.748.359 |
Monthly family expences average in the region (in Eur..) :
|
- per food products |
: |
425 |
|
- per non food products |
: |
2.063 |
|
- per energy consume |
: |
143 |
The values are calculated on a base of 9.175 significant companies.
The companies cash their credits on an average of 114 dd.
The average duration of suppliers debts is about 118 dd.
The sector's profitability is on an average of 2,03%.
The labour cost affects the turnover in the measure of 8,14%.
Goods are held in stock in a range of 73 dd.
The difference between the sales volume and the resources used to realize it is about 1,25.
The employees costs represent the 8,25% of the production costs.
Statistically the trade activity passes through serious crises.
The area is statistically considered lowly risky.
In the region 18.860 protested subjects are found; in the province they count to 3.720.
The insolvency index for the region is 0,46, , while for the province it is 0,40.
Total Bankrupt companies in the province : 4.335.
Total Bankrupt companies in the region : 14.698.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.60.34 |
|
|
1 |
Rs.101.45 |
|
Euro |
1 |
Rs.83.31 |
INFORMATION DETAILS
|
Analysis Done by
: |
SUB |
|
|
|
|
Report Prepared
by : |
NIS |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
|
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
|
|
56-70 |
A |
Financial & operational base are regarded healthy. General unfavourable
factors will not cause fatal effect. Satisfactory capability for payment of
interest and principal sums |
Fairly Large |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
|
26-40 |
B |
Capability to
overcome financial difficulties seems comparatively below average. |
Small |
|
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with full
security |
|
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
|
-- |
NB |
New Business |
-- |
|
This score serves as a reference to assess SC’s
credit risk and to set the amount of credit to be extended. It is calculated
from a composite of weighted scores obtained from each of the major sections of
this report. The assessed factors and their relative weights (as indicated
through %) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend (10%) Operational size
(10%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or
its officials.