|
Report Date : |
08.05.2014 |
IDENTIFICATION DETAILS
|
Name : |
SIRETESSILE S.R.L. |
|
|
|
|
Registered Office : |
Via Dell'industria, 75, 31041 – Cornuda
(TV) |
|
|
|
|
Country : |
Italy |
|
|
|
|
Financials (as on) : |
31.12.2012 |
|
|
|
|
Date of Incorporation : |
28.05.1983 |
|
|
|
|
Com. Reg. No.: |
01623580261 |
|
|
|
|
Legal Form : |
Sole-Member Limited Liability Company |
|
|
|
|
Line of Business : |
· supplier of technical and laminated textiles to the most important shoe factories in Italy. · Manufacturer of textiles · Wholesaler of textile products |
|
|
|
|
No of Employees : |
from 111 to 130 Employees |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
No Complaints |
|
|
|
|
Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – 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 |
Siretessile S.r.l.
Via Dell'industria,, 75
31041 - Cornuda (TV) -IT-
|
Fiscal Code |
: |
01623580261 |
|
Legal Form |
: |
Sole-Member Limited Liability Company |
|
start of Activities |
: |
04/07/1983 |
|
Equity |
: |
Over 2.582.254 |
|
Turnover Range |
: |
50.000.000/75.000.000 |
|
Number of Employees |
: |
from 111 to 130 |
· supplier of technical and laminated textiles to the most important shoe factories in Italy.
· Manufacturer of textiles
· Wholesaler of textile products
Legal Form : Sole-Member Limited Liability
Company
|
Fiscal Code : 01623580261 |
|
Foreign Trade Reg. no. : TV010926 since
18/12/1991 |
|
Chamber of Commerce no. : 159321 of Treviso
since 27/06/1983 |
|
Firms' Register : TV086-16735 of Treviso
since 19/02/1996 |
|
V.A.T. Code : 01623580261 |
|
Foundation date |
: 27/05/1983 |
|
|
Establishment date |
: 27/05/1983 |
|
|
Start of Activities |
: 04/07/1983 |
|
|
Legal duration |
: 31/12/2030 |
|
|
Nominal Capital |
: 10.400 |
|
|
Subscribed Capital |
: 10.400 |
|
|
Paid up Capital |
: 10.400 |
|
Baggio |
Gianfranco |
|
Born in San Dona' di Piave |
(VE) |
on 07/10/1952 |
- Fiscal Code : BGGGFR52R07H823C |
|
Residence: |
Santa Bona Vecchia |
, 32/I |
- 31100 |
Treviso |
(TV) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
23/08/2010 |
||
|
Board Chairman |
23/08/2010 |
||
|
Managing Director |
23/08/2010 |
|
No Prejudicial events
are reported |
|
No Protests
registered |
|
Alba Holding
S.r.l. |
|
: |
Terraglio |
, 49 |
- 31100 |
Treviso |
(TV) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Sole partner |
|
No Prejudicial events
are reported |
|
No Protests
registered |
|
Guidolin |
Andrea |
|
|
Born in Castelfranco Veneto |
(TV) |
on 17/06/1967 |
- Fiscal Code : GDLNDR67H17C111P |
|
Residence: |
Largo Asiago |
, 37/A |
- 31033 |
Castelfranco Veneto |
(TV) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
14/12/2007 |
|
No Prejudicial
events are reported |
|
No Protests
registered |
|
Zavarise |
Enzo |
|
Born in Cornuda |
(TV) |
on 20/12/1961 |
- Fiscal Code : ZVRNZE61T20D030D |
|
Residence: |
Monte Sulder |
, 18 |
- 31041 |
Cornuda |
(TV) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
14/02/2007 |
|
No Prejudicial
events are reported |
|
No Protests registered |
|
Baggio |
Alessandro |
|
Born in Treviso |
(TV) |
on 10/04/1974 |
- Fiscal Code : BGGLSN74D10L407U |
|
Residence: |
Cima Mandria |
, 13/1 |
- 31044 |
Montebelluna |
(TV) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
25/10/2001 |
||
|
Director |
23/08/2010 |
||
|
Managing Director |
23/08/2010 |
|
No Prejudicial
events are reported |
|
No Protests
registered |
|
Dario |
Danilo |
|
|
Born in Nervesa della Battaglia |
(TV) |
on 29/04/1956 |
- Fiscal Code : DRADNL56D29F872O |
|
Residence: |
Gen.e.reginato |
, 21/1 |
- 31031 |
Caerano di San Marco |
(TV) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
23/08/2010 |
||
|
Managing Director |
23/08/2010 |
|
No Prejudicial
events are reported |
|
No Protests
registered |
|
Baggio |
Martina |
|
Born in Treviso |
(TV) |
on 25/08/1979 |
- Fiscal Code : BGGMTN79M65L407E |
|
Residence: |
S. Bona Vecchia |
, 32/1 |
- 31100 |
Treviso |
(TV) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
23/09/2010 |
|
No Prejudicial
events are reported |
|
No Protests
registered |
|
Poles |
Claudio |
|
Born in San Vito Al Tagliamento |
(PN) |
on 02/11/1954 |
- Fiscal Code : PLSCLD54S02I403P |
|
Residence: |
Monte Grappa |
, 12 |
- 33078 |
San Vito Al Tagliamento |
(PN) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
09/11/2011 |
|
No Prejudicial
events are reported |
|
|
No Protests
registered |
*checkings have been performed on a national
scale.
In this module are listed the companies in
which members hold or have holded positions.
|
Baggio |
Gianfranco |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
S.I.R.E. - SOCIETA' ITALIANA RESINE
ESPANSO |
Refrontolo (TV) - IT - |
01022490179 |
Sole Director |
Withdrawn |
Registered |
|
Alba Holding S.r.l. |
Treviso (TV) - IT - |
04231260268 |
Managing Director |
Active |
Registered |
|
Alba Holding S.r.l. |
Treviso (TV) - IT - |
04231260268 |
Director |
Active |
Registered |
|
Alba Holding S.r.l. |
Treviso (TV) - IT - |
04231260268 |
Board Chairman |
Active |
Registered |
|
BAGGIO GIANFRANCO eamp; PRIAROLLO PIO |
Sernaglia della Battaglia (TV) - IT - |
00522130269 |
Partner |
Withdrawn |
Registered |
|
BAGGIO GIANFRANCO |
Treviso (TV) - IT - |
BGGGFR52R07H823C |
Proprietor |
Withdrawn |
Registered |
|
B.m. Company Srl In Liquidazione |
Montebelluna (TV) - IT - |
04395970264 |
Managing
Director |
Withdrawn |
Registered |
|
B.m. Company Srl In Liquidazione |
Montebelluna (TV) - IT - |
04395970264 |
Director |
Withdrawn |
Registered |
|
B.m. Company Srl In Liquidazione |
Montebelluna (TV) - IT - |
04395970264 |
Liquidator |
Active |
Registered |
|
Baggio |
Alessandro |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Vita Immobiliare S.r.l. |
Treviso (TV) - IT - |
03650430261 |
Procurator |
Active |
Registered |
|
Alba Holding S.r.l. |
Treviso (TV) - IT - |
04231260268 |
Director |
Active |
Registered |
|
Alba Holding S.r.l. |
Treviso (TV) - IT - |
04231260268 |
Managing
Director |
Active |
Registered |
|
PROXIMA INDUSTRIE TESSILI DI BAGGIO
ALESSANDRO |
Cornuda (TV) - IT - |
BGGLSN74D10L407U |
Proprietor |
Withdrawn |
Registered |
|
B.m. Company Srl In Liquidazione |
Montebelluna (TV) - IT - |
04395970264 |
Managing
Director |
Withdrawn |
Registered |
|
B.m. Company Srl In Liquidazione |
Montebelluna (TV) - IT - |
04395970264 |
Director |
Withdrawn |
Registered |
|
B.m. Company Srl In Liquidazione |
Montebelluna (TV) - IT - |
04395970264 |
Liquidator |
Active |
Registered |
|
Proxima S.r.l. |
Conegliano (TV) - IT - |
03680810268 |
Sole Director |
Active |
Registered |
|
Dario |
Danilo |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
DARIO DANILO |
Caerano di San Marco (TV) - IT - |
DRADNL56D29F872O |
Proprietor |
Withdrawn |
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 |
|
Alba Holding S.r.l. |
Treviso - IT - |
04231260268 |
100,00 |
The Company under
review has participations in the following Companies:
|
Firm's Style |
Seat |
Fiscal Code |
Owned Shares
Amount |
% Ownership |
since |
until |
Share Status |
|
Investiment Prosperity S.R.L. |
Padova - IT - |
03263590287 |
1.872 .Eur |
18,00 |
Active |
||
|
Immobiliare Quarto Srl |
Treviso - IT - |
04062570264 |
49.500 .Eur |
45,00 |
Active |
||
|
Verde Mare S.r.l. |
Caorle - IT - |
03728580279 |
25.000 .Eur |
25,00 |
Active |
||
|
B.m. Company Srl In Liquidazione |
Montebelluna - IT - |
04395970264 |
8.100 .Eur |
81,00 |
Active |
In order to carry
out its activities the firm uses the following locations:
|
- |
Legal and
operative seat |
since 25/03/1991 |
|
Dell'industria, |
, 75 |
- 31041 |
- Cornuda |
(TV) |
- IT - |
|
Trading Style: SIRETESSILE |
|
Total Surface: 200 Sq.mt. |
|
PHONE |
: 04238301 |
|
- |
Branch |
(Store) |
since 01/03/1993 |
|
Dell'industria |
, 51 |
- 31041 |
- Cornuda |
(TV) |
- IT - |
|
PHONE |
: 04238301 |
|
- |
Branch |
(Store) |
since 05/10/1993 |
|
Padova |
, 19/C |
- 31041 |
- Cornuda |
(TV) |
- IT - |
|
Total Surface: 200 Sq.mt. |
|
PHONE |
: 04238301 |
|
- |
Branch |
(Store) |
since 15/02/1999 |
|
Dell'industria |
, 43 |
- 31041 |
- Cornuda |
(TV) |
- IT - |
|
PHONE |
: 04238301 |
|
- |
Branch |
(Store) |
since 01/04/2002 |
|
Delle Industrie |
, 41 |
- 31041 |
- Cornuda |
(TV) |
- IT - |
|
- |
Branch |
(Store) |
since 30/06/2003 |
|
Dell'industria |
, 69/A |
- 31041 |
- Cornuda |
(TV) |
- IT - |
|
- |
Branch |
(Factory) |
since 01/04/2005 |
|
Dell'industria |
, 67/69 |
- 31041 |
- Cornuda |
(TV) |
- IT - |
|
- |
Branch |
(Store) |
since 01/01/2006 |
|
Dell'industria |
, 41/1 |
- 31041 |
- Cornuda |
(TV) |
- IT - |
|
- |
Branch |
(Store) |
since 01/09/2007 |
|
Dell'industria |
, 5 A/B |
- 31041 |
- Cornuda |
(TV) |
- IT - |
|
- |
Branch |
(Store) |
since 01/09/2007 |
|
Dell'industria |
, 7 A/B |
- 31041 |
- Cornuda |
(TV) |
- IT - |
|
Employees |
: 122 |
|
Fittings and Equipment for a value of
240.000 |
Eur |
|
Stocks for a value of 9.980.000 |
Eur |
|
Furniture and fittings for a value of
21.000 |
Eur |
|
Vehicles for a value of 52.000 |
Eur |
Trade organization: direct or by agents.
Sales are mainly addressed to Northern Italy
Import comes generally from the following
nations:
|
- Germany |
|
- Austria |
|
- Holland |
|
- France |
CHANGES TO THE
LEGAL FORM:
|
Former legal form |
New legal form |
Changement Date |
|
General partnership |
Limited liability company |
04/03/1985 |
COMPANY STYLE
MODIFICATIONS:
|
Former Style |
New Style |
Changement Date |
|
Nuova Sire S.n.c. di Baggio Gianfranco
ePriarollo Pio |
04/03/1985 |
|
|
Nuova Sire S.r.l. |
26/05/1992 |
EX-MEMBERS /
EX-POSITIONS:
|
Soligo |
Adriano |
|
Born in Vedelago |
(TV) |
on 24/05/1949 |
- Fiscal Code : SLGDRN49E24L706N |
|
Residence: |
Cappuccini, |
, 15 |
- 31030 |
Castelfranco Veneto |
(TV) |
- IT - |
|
Ex-Postions |
|
Chairman of the Board of Aud. |
|
Pasquini |
Maria Angela |
|
Born in Bolzano |
(BZ) |
on 28/08/1954 |
- Fiscal Code : PSQMNG54M68A952A |
|
Residence: |
Castello D'amore, |
, 27 |
- 31100 |
Treviso |
(TV) |
- IT - |
|
Ex-Postions |
|
Permanent Auditor |
|
Baggio |
Gianfranco |
|
Born in San Dona' di Piave |
(VE) |
on 07/10/1952 |
- Fiscal Code : BGGGFR52R07H823C |
|
Residence: |
Santa Bona Vecchia |
, 32/I |
- 31100 |
Treviso |
(TV) |
- IT - |
|
Ex-Postions |
|
Sole Director |
|
Cavaliere |
Diego |
|
Born in Padova |
(PD) |
on 26/12/1970 |
- Fiscal Code : CVLDGI70T26G224W |
|
Residence: |
Quasimodo |
, 22 |
- 31022 |
Preganziol |
(TV) |
- IT - |
|
Ex-Postions |
|
Permanent Auditor |
|
Bozzolan |
Enrico |
|
Born in Dolo |
(VE) |
on 30/09/1971 |
- Fiscal Code : BZZNRC71P30D325R |
|
Residence: |
Mar Tirreno |
, 11/8 |
- 30034 |
Mira |
(VE) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
Callegari |
Marco |
|
Born in Padova |
(PD) |
on 20/06/1965 |
- Fiscal Code : CLLMRC65H20G224A |
|
|
Residence: |
Berchet |
, 3 |
- 35100 |
Padova |
(PD) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
Grespan |
Riccardo |
|
Born in PADOVA |
(PD) |
on 07/09/1963 |
- Fiscal Code : GRSRCR63P07G224N |
|
Residence: |
A. ALEARDI |
, 64 |
- 30100 |
Venezia |
(VE) |
- IT - |
|
Ex-Postions |
|
Permanent Auditor |
|
Di Santo |
Nicola |
|
Born in Vedelago |
(TV) |
on 24/12/1953 |
- Fiscal Code : DSNNCL53T24L706C |
|
Residence: |
U. Saba |
, 8 |
- 31050 |
Vedelago |
(TV) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
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 1983
The analysis is based on the latest 3
balance sheets.
Under an economic point of view, profits
were registered during the last years with a r.o.e. of 10,06% in 2012
The operating result was positive in the
last financial year (5,91%) and reflects the field's average.
An operating result of Eur. 3.454.117 has
been registered. showing a downwards trend equal to -47,79% if compared to the
value of the financial year 2011.
The economic management produced a gross
operating margin of Eur. 4.316.321 with a -40,74% fall.
Company's financial status is balanced since
indebtedness is not high (1) with an improving trend as on the decrease.
The equity capital is equal to Eur.
23.834.713 on stable levels.
Total debts recorded amounted to Eur.
30.119.935 (Eur. 1.903.000 of which were m/l term debts) , a more or less
stable value.
The company does not exceed in bank
borrowings; the recourse to suppliers' credit is also limited which is also
lower than the sector average.
Payments are supported by good current
assets.
Trade credits are collected slowly, average
term is 175,06 days. and higher than the average of the sector.
As far as the cash flow is concerned during
the latest financial year it amounted to Eur. 2.720.225
Subordinate employment cost is of Eur.
4.481.836, i.e. 7,23% on total production costs. , whereas the incidence of
such costs on sales revenues is equal to 6,88%.
Limited financial charges in relation to
sales volume.
Financial
Data
|
Complete balance-sheet for the year |
31/12/2012 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
65.121.893 |
|
Profit (Loss) for the period |
2.397.137 |
|
Complete balance-sheet for the year |
31/12/2011 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
79.079.976 |
|
Profit (Loss) for the period |
4.211.861 |
|
Complete balance-sheet for the year |
31/12/2010 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
74.417.811 |
|
Profit (Loss) for the period |
5.252.907 |
|
Complete balance-sheet for the year |
31/12/2009 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
54.341.013 |
|
Profit (Loss) for the period |
3.149.616 |
|
Complete balance-sheet for the year |
31/12/2008 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
54.972.492 |
|
Profit (Loss) for the period |
1.350.515 |
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 |
0,16 |
0,15 |
0,15 |
0,29 |
|
Elasticity Ratio |
Units |
0,84 |
0,85 |
0,85 |
0,70 |
|
Availability of stock |
Units |
0,17 |
0,17 |
0,21 |
0,26 |
|
Total Liquidity Ratio |
Units |
0,67 |
0,67 |
0,64 |
0,39 |
|
Quick Ratio |
Units |
0,08 |
0,05 |
0,02 |
0,01 |
|
COMPOSITION ON
SOURCE |
|||||
|
Net Short-term indebtedness |
Units |
1,00 |
1,15 |
1,74 |
1,69 |
|
Self Financing Ratio |
Units |
0,41 |
0,40 |
0,32 |
0,29 |
|
Capital protection Ratio |
Units |
0,90 |
0,83 |
0,74 |
0,71 |
|
Liabilities consolidation quotient |
Units |
0,10 |
0,10 |
0,09 |
0,26 |
|
Financing |
Units |
1,26 |
1,36 |
1,94 |
2,12 |
|
Permanent Indebtedness Ratio |
Units |
0,46 |
0,45 |
0,37 |
0,45 |
|
M/L term Debts Ratio |
Units |
0,05 |
0,05 |
0,05 |
0,13 |
|
Net Financial Indebtedness Ratio |
Units |
0,45 |
0,57 |
0,89 |
0,96 |
|
CORRELATION |
|||||
|
Fixed assets ratio |
Units |
2,82 |
2,94 |
2,54 |
1,38 |
|
Current ratio |
Units |
1,73 |
1,68 |
1,46 |
1,25 |
|
Acid Test Ratio-Liquidity Ratio |
Units |
1,38 |
1,34 |
1,10 |
0,75 |
|
Structure's primary quotient |
Units |
2,53 |
2,60 |
2,17 |
0,90 |
|
Treasury's primary quotient |
Units |
0,16 |
0,09 |
0,04 |
0,03 |
|
Rate of indebtedness ( Leverage ) |
% |
245,10 |
252,05 |
312,66 |
339,62 |
|
Current Capital ( net ) |
Value |
20.711.300 |
21.146.895 |
17.070.493 |
1.615.606 |
|
RETURN |
|||||
|
Return on Sales |
% |
4,18 |
5,78 |
7,51 |
1,74 |
|
Return on Equity - Net- ( R.O.E. ) |
% |
10,06 |
17,24 |
25,97 |
0,25 |
|
Return on Equity - Gross - ( R.O.E. ) |
% |
15,13 |
25,91 |
38,93 |
2,94 |
|
Return on Investment ( R.O.I. ) |
% |
5,91 |
10,74 |
13,09 |
2,31 |
|
Return/ Sales |
% |
5,30 |
8,37 |
11,13 |
2,50 |
|
Extra Management revenues/charges incid. |
% |
69,40 |
63,66 |
63,45 |
8,02 |
|
Cash Flow |
Value |
2.720.225 |
4.566.925 |
5.590.847 |
210.372 |
|
Operating Profit |
Value |
3.454.117 |
6.616.485 |
8.279.121 |
359.192 |
|
Gross Operating Margin |
Value |
4.316.321 |
7.284.051 |
8.928.855 |
692.382 |
|
MANAGEMENT |
|||||
|
Credits to clients average term |
Days |
175,06 |
166,17 |
175,51 |
111,18 |
|
Debts to suppliers average term |
Days |
72,10 |
66,23 |
76,49 |
104,44 |
|
Average stock waiting period |
Days |
55,16 |
48,41 |
65,20 |
86,89 |
|
Rate of capital employed return ( Turnover
) |
Units |
1,11 |
1,28 |
1,18 |
1,04 |
|
Rate of stock return |
Units |
6,53 |
7,44 |
5,52 |
4,12 |
|
Labour cost incidence |
% |
6,88 |
5,67 |
5,83 |
15,12 |
|
Net financial revenues/ charges incidence |
% |
-0,13 |
-0,38 |
-0,62 |
-2,07 |
|
Labour cost on purchasing expenses |
% |
7,23 |
6,16 |
6,52 |
14,82 |
|
Short-term financing charges |
% |
0,91 |
1,00 |
1,20 |
3,48 |
|
Capital on hand |
% |
89,71 |
77,89 |
84,98 |
95,83 |
|
Sales pro employee |
Value |
465.156 |
670.169 |
636.049 |
237.592 |
|
Labour cost pro employee |
Value |
32.013 |
38.018 |
37.069 |
33.432 |
|
Population living in the province |
: |
838.732 |
|
Population living in the region |
: |
4.699.950 |
|
Number of families in the region |
: |
1.813.210 |
Monthly family expenses average in the
region (in Eur..) :
|
- per food products |
: |
456 |
|
- per non food products |
: |
2.052 |
|
- per energy consume |
: |
127 |
Statistically the trade activity passes
through serious crises.
The area is statistically considered lowly
risky.
In the region 13.782 protested subjects are
found; in the province they count to 2.280.
The insolvency index for the region is 0,30,
, while for the province it is 0,28.
Total Bankrupt companies in the province :
3.317.
Total Bankrupt companies in the region :
16.714.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.60.04 |
|
UK Pound |
1 |
Rs.101.97 |
|
Euro |
1 |
Rs.83.58 |
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
|
|
|
|
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.