MIRA INFORM REPORT

 

 

Report Date :

17.05.2014

 

IDENTIFICATION DETAILS

 

Name :

STAHL PALAZZOLO SRL

 

 

Registered Office :

Via       Alessandro Manzoni,      37 Palazzolo Milanese,

20030 – Paderno Dugnano, (Mi)

 

 

Country :

Italy

 

 

Date of Incorporation :

19.12.2013

 

 

Legal Form :

Sole-Member Limited Liability Company

 

 

Line of Business :

Engaged as an agents and representatives of chemical products for industries

 

 

No of Employees :

From 06 to 10 Employees

 

RATING & COMMENTS

 

MIRA’s Rating :

NB

 

RATING

STATUS

PROPOSED CREDIT LINE

--

NB

                                       New Business

--

 

Status :

New Company

 

 

Payment Behaviour :

Unknown

 

 

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

 

 

Company name & address

 

Stahl Palazzolo Srl

 

Via                             Alessandro Manzoni,        37 PALAZZOLO MILANESE

 

20030 - Paderno Dugnano, (MI), -IT-

 

 

Summary

 

Fiscal Code

:

08461460969

Legal Form

:

Sole-Member Limited Liability Company

Establishment Date

:

19/12/2013

Number of Employees

:

From 6 To 10 Employees



Activity

 

Engaged as an agents and representatives of chemical products for industries



Legal Data

 

Legal Form : Sole-Member Limited Liability Company

Fiscal Code : 08461460969

 

Chamber of Commerce no. : 2028082 of Milano since 20/12/2013

 

V.A.T. Code : 08461460969

 

Establishment date

: 19/12/2013

Nominal Capital

: 10.000

 

Subscribed Capital

: 10.000

 

Paid up Capital

: 10.000

 



Members

 

Stahl Italia S.r.l.

 

 

 

 

 

Residence:

 

Filippo Meda

, 3

- 20121

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Sole partner

 

 

 

 

No Prejudicial events are reported

 

No Protests registered

 

Cantone

Alberto

 

 

Born in Galliate

(NO)

on 05/05/1962

- Fiscal Code : CNTLRT62E05D872N

 

 

Residence:

 

Alessandro Manzoni

, 37

- 20037

Paderno Dugnano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

30/01/2014

 

 

 

No Prejudicial events are reported

 

No Protests registered

 

Drexhage

Bram Johan

 

 

Born in Hengelo

( )

on 19/06/1955

- Fiscal Code : DRXBMJ55H19Z126U

 

 

Residence:

 

Alessandro Manzoni

, 37

- 20037

Paderno Dugnano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Director

19/12/2013

 

 

Managing Director

30/01/2014

 

 

 

No Prejudicial events are reported

 

No Protests registered

 

Angrill Carbonell

Jordi

 

 

Born in Barcellona

( )

on 20/06/1949

- Fiscal Code : NGRJRD49H20Z131Q

 

 

Residence:

 

Alessandro Manzoni

, 37

- 20037

Paderno Dugnano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Director

19/12/2013

 

 

Board Chairman

19/12/2013

 

 

Managing Director

30/01/2014

 

 

 

No Prejudicial events are reported

 

No Protests registered

 

Borgart

Guido

 

 

Born in Maastricht

( )

on 24/03/1960

- Fiscal Code : BRGGDU60C24Z126I

 

 

Residence:

 

Alessandro Manzoni

, 37

- 20037

Paderno Dugnano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Director

19/12/2013

 

 

Managing Director

30/01/2014

 

 

 

No Prejudicial events are reported

 

No Protests registered

 

Van Beijeren

Hubertus Jozephus Johanne

 

 

Born in S-gravenhage

( )

on 28/03/1955

- Fiscal Code : VNBHRT55C28Z126N

 

 

Residence:

 

Alessandro Manzoni

, 37

- 20037

Paderno Dugnano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Director

19/12/2013

 

 

Managing Director

30/01/2014

 

 

 

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.

 

Drexhage

Bram Johan

 

Firm's Style

Seat

Fiscal Code

Position

Position Status

Firm's Status

Dhl Express (italy) S.r.l.

Rozzano (MI) - IT -

04209680158

Director

Withdrawn

Registered

 

Angrill Carbonell

Jordi

 

Firm's Style

Seat

Fiscal Code

Position

Position Status

Firm's Status

Stahl Italia S.r.l.

Milano (MI) - IT -

12769160156

Managing Director

Active

Registered

Stahl Italia S.r.l.

Milano (MI) - IT -

12769160156

Director

Active

Registered

Stahl Italia S.r.l.

Milano (MI) - IT -

12769160156

Board Chairman

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

Stahl Italia S.r.l.

Milano - IT -

12769160156

 

100,00



Direct Participations

 

The Company under review has no participations in other Companies.



Firm's location and structure

 

In order to carry out its activities the firm uses the following locations:

 

-

Legal and operative seat

 

 

 

 

 

 

 

Alessandro Manzoni

, 37

- 20037

- Paderno Dugnano

(MI)

- IT -




 

 

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.


Market / Territory Data

 

Population living in the province

:

3.839.216

Population living in the region

:

9.393.092

Number of families in the region

:

3.858.736

 

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

 

- per food products

:

460

- per non food products

:

2.090

- per energy consume

:

114



Sector Data

 

The values are calculated on a base of 1.824 significant companies.

The companies cash their credits on an average of 99 dd.

The average duration of suppliers debts is about 102 dd.

The sector's profitability is on an average of 1,95%.

The labour cost affects the turnover in the measure of 5,89%.

Goods are held in stock in a range of 27 dd.

The difference between the sales volume and the resources used to realize it is about 1,52.

The employees costs represent the 6,11% of the production costs.



Statistical Detrimental Data

 

Statistically the trade activity shows periods of crisis.

The area is statistically considered lowly risky.

In the region 50.886 protested subjects are found; in the province they count to 24.765.

The insolvency index for the region is 0,55, , while for the province it is 0,66.

Total Bankrupt companies in the province : 22.523.

Total Bankrupt companies in the region : 39.612.

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.58.86

UK Pound

1

Rs.98.82

Euro

1

Rs.80.72

 

 

INFORMATION DETAILS

 

Analysis Done by :

DIV

 

 

Report Prepared by :

MNL

 

 

RATING EXPLANATIONS

 

RATING

STATUS

 

PROPOSED CREDIT LINE

>86

Aaa

Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums

 

Unlimited

71-85

Aa

Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums

 

Large

56-70

A

Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums

 

Fairly Large

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

 

Satisfactory

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

 

Small

11-25

Ca

Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity

 

Limited with full security

<10

C

Absolute credit risk exists. Caution needed to be exercised

 

Credit not recommended

--

NB

                                       New Business

--

 

This score serves as a reference to assess SC’s credit risk and to set the amount of credit to be extended. It is calculated from a composite of weighted scores obtained from each of the major sections of this report. The assessed factors and their relative weights (as indicated through %) are as follows:

 

Financial condition (40%)            Ownership background (20%)                 Payment record (10%)

Credit history (10%)                    Market trend (10%)                                Operational size (10%)

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.