MIRA
INFORM REPORT
|
Report Date : |
21.05.2014 |
IDENTIFICATION DETAILS
|
Name : |
AFROS S.P.A. |
|
|
|
|
Registered Office : |
Via Sella Quintino, 3 20121- Milano (MI) |
|
|
|
|
Country : |
Italy |
|
|
|
|
Financials (as on) : |
31.12.2012 |
|
|
|
|
Date of Incorporation : |
20.12.1966 |
|
|
|
|
Legal Form : |
Joint Stock Company |
|
|
|
|
Line of Business : |
· Manufacture of plastics products · Manufacture of moulds, mould-holders, profiles, shapes for machines |
|
|
|
|
No of Employees : |
from 150 to 175 |
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 – September 30, 2013
|
Country Name |
Previous Rating (30.09.2013) |
Current Rating (01.12.2013) |
|
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
|
Afros S.p.a. |
|
Via |
Sella Quintino, |
3 |
|
20121 |
- Milano |
(MI) |
-IT- |
Summary
|
Fiscal Code |
: |
00220520126 |
|
Legal Form |
: |
Joint stock company |
|
start of Activities |
: |
20/12/1966 |
|
Equity |
: |
Over 2.582.254 |
|
Turnover Range |
: |
35.000.000/50.000.000 |
|
Number of Employees |
: |
from 150 to 175 |
Activity
Manufacture of plastics products
Manufacture of moulds, mould-holders, profiles, shapes for machines
Legal Data
Legal Form : Joint stock company
|
Fiscal Code : 00220520126 |
|
Foreign Trade Reg. no. : MI065272 since
23/12/1991 |
|
Foreign Trade Reg. no. : 65272 of Milano since
23/12/1991 |
|
Chamber of Commerce no. : 981448 of Milano
since 23/03/1978 |
|
Chamber of Commerce no. : 149512 of Varese |
|
Firms' Register : MI146-180153 of Milano
since 19/02/1996 |
|
V.A.T. Code : 00816070122 |
|
Tribunal Co. Register : 180153 of |
|
Foundation date |
: 20/12/1966 |
|
|
Establishment date |
: 20/12/1966 |
|
|
Start of Activities |
: 20/12/1966 |
|
|
Legal duration |
: 31/12/2050 |
|
|
Nominal Capital |
: 1.768.000 |
|
|
Subscribed Capital |
: 1.768.000 |
|
|
Paid up Capital |
: 1.768.000 |
|
Members
|
|
Volpato |
Marco |
|
|
|
Born in Verbania |
(NO) |
on 31/05/1945 |
- Fiscal Code : VLPMRC45E31L746P |
|
|
|
Residence: |
|
Pagano |
, 0061 |
- 20145 |
Milano |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney General |
02/10/1978 |
|
|
|
Director |
23/05/2013 |
|
|
|
Managing Director |
23/05/2013 |
|
|
|
Board Chairman |
23/05/2013 |
|
|
|
|
No Prejudicial
events are reported |
|
|
No Protests
registered |
|
|
Rivolta |
Stefano |
|
|
|
Born in Milano |
(MI) |
on 10/08/1957 |
- Fiscal Code : RVLSFN57M10F205K |
|
|
|
Residence: |
|
Quintino Sella |
, 3 |
- 20121 |
Milano |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
02/08/2011 |
|
|
|
|
No Prejudicial
events are reported |
|
|
No Protests
registered |
|
|
Corradi |
Piero |
|
|
|
Born in Bologna |
(BO) |
on 22/12/1948 |
- Fiscal Code : CRRPRI48T22A944D |
|
|
|
Residence: |
|
A. Stoppani |
, 18 |
- 21047 |
Saronno |
(VA) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
23/05/2013 |
|
|
|
|
Villa |
Paolo |
|
|
|
Born in Milano |
(MI) |
on 28/09/1957 |
- Fiscal Code : VLLPLA57P28F205H |
|
|
|
Residence: |
|
Quintino Sella |
, 3 |
- 20100 |
Milano |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
15/12/2009 |
|
|
|
|
No Prejudicial
events are reported |
|
|
No Protests
registered |
|
|
Gualandris |
Enio |
|
|
|
Born in Bergamo |
(BG) |
on 29/12/1965 |
- Fiscal Code : GLNNEI65T29A794M |
|
|
|
Residence: |
|
Quintino Sella |
, 3 |
- 20121 |
Milano |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
02/08/2011 |
|
|
|
|
No Prejudicial
events are reported |
|
|
No Protests
registered |
|
|
Cossolo |
Antonio |
|
|
|
Born in Carmagnola |
(TO) |
on 08/08/1956 |
- Fiscal Code : CSSNTN56M08B791C |
|
|
|
Residence: |
|
Sardegna |
, 46 |
- 20146 |
Milano |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
23/05/2013 |
|
|
|
|
Cannon Spa |
|
|
|
|
Position |
Since |
Shares Amount |
% Ownership |
|
Partner |
|
|
|
|
|
No Prejudicial
events are reported |
|
|
No Protests registered |
|
|
Cusinato |
Maurizio |
|
|
|
Born in Milano |
(MI) |
on 09/07/1958 |
- Fiscal Code : CSNMRZ58L09F20RW |
|
|
|
Residence: |
|
Toselli |
, 40 |
- 20025 |
Legnano |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
11/06/2013 |
|
|
|
|
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.
|
|
Volpato |
Marco |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Bono Energia S.p.a. |
Peschiera Borromeo (MI) - IT - |
00757520150 |
Managing
Director |
Withdrawn |
Registered |
|
Bono Energia S.p.a. |
Peschiera Borromeo (MI) - IT - |
00757520150 |
Director |
Active |
Registered |
|
Bono Energia S.p.a. |
Peschiera Borromeo (MI) - IT - |
00757520150 |
Board Chairman |
Active |
Registered |
|
Automata Spa |
Milano (MI) - IT - |
04706930155 |
Chairman |
Withdrawn |
Registered |
|
Automata Spa |
Milano (MI) - IT - |
04706930155 |
Managing
Director |
Active |
Registered |
|
Automata Spa |
Milano (MI) - IT - |
04706930155 |
Director |
Active |
Registered |
|
Automata Spa |
Milano (MI) - IT - |
04706930155 |
Board Chairman |
Active |
Registered |
|
Tecnos Spa |
Milano (MI) - IT - |
04706920156 |
Managing
Director |
Withdrawn |
Registered |
|
Tecnos Spa |
Milano (MI) - IT - |
04706920156 |
Director |
Withdrawn |
Registered |
|
Tecnos Spa |
Milano (MI) - IT - |
04706920156 |
Board Chairman |
Withdrawn |
Registered |
|
Cannon Spa |
Milano (MI) - IT - |
06223850154 |
Managing
Director |
Active |
Registered |
|
Cannon Spa |
Milano (MI) - IT - |
06223850154 |
Director |
Active |
Registered |
|
Cannon Spa |
Milano (MI) - IT - |
06223850154 |
Board Chairman |
Withdrawn |
Registered |
|
T.c.s.molding Systems Spa |
Milano (MI) - IT - |
09370010150 |
Managing
Director |
Withdrawn |
Registered |
|
T.c.s.molding Systems Spa |
Milano (MI) - IT - |
09370010150 |
Director |
Withdrawn |
Registered |
|
Sandretto Industrie S.p.a. |
Grugliasco (TO) - IT - |
05038680012 |
Managing
Director |
Withdrawn |
Merged |
|
Sandretto Industrie S.p.a. |
Grugliasco (TO) - IT - |
05038680012 |
Director |
Withdrawn |
Merged |
|
Sandretto Industrie S.p.a. |
Grugliasco (TO) - IT - |
05038680012 |
Board Chairman |
Withdrawn |
Merged |
|
Componenti Presse S.p.a. |
Grugliasco (TO) - IT - |
05474940011 |
Managing
Director |
Withdrawn |
Ceased |
|
Componenti Presse S.p.a. |
Grugliasco (TO) - IT - |
05474940011 |
Director |
Withdrawn |
Ceased |
|
Componenti Presse S.p.a. |
Grugliasco (TO) - IT - |
05474940011 |
Board Chairman |
Withdrawn |
Ceased |
|
Tecninox Srl |
Caronno Pertusella (VA) - IT - |
03752180152 |
Board Chairman |
Withdrawn |
Registered |
|
Cannon Ergos S.p.a. |
Milano (MI) - IT - |
06816000159 |
Managing
Director |
Active |
Registered |
|
Cannon Ergos S.p.a. |
Milano (MI) - IT - |
06816000159 |
Director |
Active |
Registered |
|
Cannon Ergos S.p.a. |
Milano (MI) - IT - |
06816000159 |
Board Chairman |
Withdrawn |
Registered |
|
Artes Ingegneria - S.p.a. |
Oliveto Citra (SA) - IT - |
01526990633 |
Director |
Withdrawn |
Registered |
|
Artes Ingegneria - S.p.a. |
Oliveto Citra (SA) - IT - |
01526990633 |
Board Chairman |
Active |
Registered |
|
Norditalia Resine - Industria Lavorazione
Resine E Gomme Sintetiche Naturali E A |
Campodarsego (PD) - IT - |
00217590124 |
Director |
Withdrawn |
Registered |
|
Bono Netro S.p.a. |
Milano (MI) - IT - |
10186650155 |
Director |
Active |
Registered |
|
Bono Netro S.p.a. |
Milano (MI) - IT - |
10186650155 |
Board Chairman |
Active |
Registered |
|
Bono Sistemi S.p.a. |
Milano (MI) - IT - |
10467110150 |
Director |
Active |
Registered |
|
Bono Sistemi S.p.a. |
Milano (MI) - IT - |
10467110150 |
Board Chairman |
Active |
Registered |
|
Sirio Sistemi Spa |
Milano (MI) - IT - |
07272520151 |
Director |
Withdrawn |
Registered |
|
Mizar Informatica S.p.a. |
Sesto San Giovanni (MI) - IT - |
02105480178 |
Chairman |
Withdrawn |
Registered |
|
Mizar Informatica S.p.a. |
Sesto San Giovanni (MI) - IT - |
02105480178 |
Director |
Withdrawn |
Registered |
|
Mizar Informatica S.p.a. |
Sesto San Giovanni (MI) - IT - |
02105480178 |
Board Chairman |
Withdrawn |
Registered |
|
Bono Exacta S.p.a. |
Milano (MI) - IT - |
10467120159 |
Director |
Withdrawn |
Ceased |
|
Bono Exacta S.p.a. |
Milano (MI) - IT - |
10467120159 |
Board Chairman |
Withdrawn |
Ceased |
|
Sandretto Industrie S.r.l. Siglabile
SanDretto S.r.l. |
Grugliasco (TO) - IT - |
03134350010 |
Director |
Withdrawn |
Controlled
administration |
|
Sandretto Industrie S.r.l. Siglabile
SanDretto S.r.l. |
Grugliasco (TO) - IT - |
03134350010 |
Board Chairman |
Withdrawn |
Controlled
administration |
|
La Meridiana Societa' Semplice |
Milano (MI) - IT - |
04788060152 |
Partner |
Active |
Registered |
|
Dna Srl |
Milano (MI) - IT - |
08901480155 |
Sole Director |
Withdrawn |
Ceased |
|
Comi Immobiliare S.r.l. - In LiquidazionE |
Ciserano (BG) - IT - |
02856810169 |
Director |
Withdrawn |
Registered |
|
Micromec S.r.l. Con Socio Unico |
Milano (MI) - IT - |
02935690129 |
Director |
Active |
Registered |
|
Micromec S.r.l. Con Socio Unico |
Milano (MI) - IT - |
02935690129 |
Board Chairman |
Active |
Registered |
|
Forma S.r.l. |
Milano (MI) - IT - |
05086080966 |
Sole Director |
Withdrawn |
Registered |
|
Forma S.r.l. |
Milano (MI) - IT - |
05086080966 |
Board Chairman |
Withdrawn |
Registered |
|
Dmc Srl |
Milano (MI) - IT - |
07194150962 |
Director |
Active |
Registered |
|
Dmc Srl |
Milano (MI) - IT - |
07194150962 |
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 |
|
Volpato Marco |
Milano - IT - |
VLPMRC45E31L746P |
70.720 .Eur |
4,00 |
|
Fiorentini Carlo |
Saronno - IT - |
FRNCRL30T27A944P |
70.720 .Eur |
4,00 |
|
Cannon Spa |
|
06223850154 |
1.626.560 .Eur |
92,00 |
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 |
|
Consorzio Assoutility |
Milano - IT - |
13286960151 |
|
0,40 |
|
|
Active |
|
Micromec S.r.l. Con Socio Unico |
Milano - IT - |
02935690129 |
570.000 .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 |
|
|
|
|
|
|
|
Sella Quintino |
, 3 |
- 20100 |
- Milano |
(MI) |
- IT - |
|
|
|
|
PHONE |
: 029658804 |
|
|
|
|
PHONE |
: 0296531 |
|
|
|
|
FAX |
: 029656897 |
|
- |
Branch |
(Factory) |
since 03/01/1967 |
|
|
|
|
|
|
Galileo Ferraris |
, 65 |
- 21042 |
- Caronno Pertusella |
(VA) |
- IT - |
|
- |
Branch |
(Warehouse) |
since 01/12/1993 |
|
|
|
|
|
|
Enrico Fermi |
, 355 |
- 21042 |
- Caronno Pertusella |
(VA) |
- IT - |
|
- |
Branch |
|
since 01/08/2011 |
|
|
|
|
|
|
Archimede |
, 325 |
- 21047 |
- Saronno |
(VA) |
- IT - |
|
|
|
|
Employees |
: 168 |
|
Fittings and Equipment for a value of
940.000 |
Eur |
|
Stocks for a value of 11.520.000 |
Eur |
|
Furniture and fittings for a value of
520.000 |
Eur |
|
Vehicles for a value of 36.000 |
Eur |
|
Work in progress for a value of 4.110.000 |
Eur |
|
|
The firm operates abroad as importer /
exporter..
Export represents more than 50% of the
global turnover.
Products abroad are placed by :
|
- its own foreign branches |
Historical Information and/or Firm's Status
CHANGES TO THE
LEGAL FORM:
|
Former legal form |
New legal form |
Changement Date |
|
Other forms |
Joint stock company |
11/09/1980 |
EX-MEMBERS /
EX-POSITIONS:
|
|
Volpato |
Marco |
|
|
|
Born in Verbania |
(NO) |
on 31/05/1945 |
- Fiscal Code : VLPMRC45E31L746P |
|
|
|
Residence: |
|
Pagano |
, 0061 |
- 20145 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Managing Director |
|
Board Chairman |
|
Managing Director |
|
|
Fiorentini |
Carlo |
|
|
|
Born in Bologna |
(BO) |
on 27/12/1930 |
- Fiscal Code : FRNCRL30T27A944P |
|
|
|
Residence: |
|
Volontario |
, 21 |
- 21047 |
Saronno |
(VA) |
- IT - |
|
Ex-Postions |
|
Chairman |
|
Board Chairman |
|
Director |
|
|
Meloth |
Heinz Hermann
Josef |
|
|
|
Born in Worms |
( ) |
on 09/02/1951 |
|
|
|
Residence: |
Zukunftstrasse |
, 42 |
Mainz |
- DE - |
|
Ex-Postions |
|
Director |
|
|
Zarantonello |
Alberto |
|
|
|
Born in Gallarate |
(VA) |
on 28/06/1959 |
- Fiscal Code : ZRNLRT59H28D869Z |
|
|
|
Residence: |
|
Ariosto |
, 17 |
- 21054 |
Fagnano Olona |
(VA) |
- IT - |
|
Ex-Postions |
|
Procurator |
|
General Director |
|
|
Meloth |
Heinz Hermann
Josef |
|
|
|
Born in Worms |
( ) |
on 09/02/1951 |
|
|
|
Residence: |
Zukunftstrasse |
, 42 |
Mainz |
- DE - |
|
Ex-Postions |
|
Director |
|
|
Villa |
Piero Angelo |
|
|
|
Born in Milano |
(MI) |
on 08/08/1942 |
- Fiscal Code : VLLPNG42M08F205H |
|
|
|
Residence: |
|
Concordia |
, 10 |
- 20129 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Permanent Auditor |
|
|
Corradi |
Piero |
|
|
|
Born in Bologna |
(BO) |
on 22/12/1948 |
- Fiscal Code : CRRPRI48T22A944D |
|
|
|
Residence: |
|
A. Stoppani |
, 18 |
- 21047 |
Saronno |
(VA) |
- IT - |
|
Ex-Postions |
|
Procurator |
|
|
Villa |
Paolo |
|
|
|
Born in Milano |
(MI) |
on 28/09/1957 |
- Fiscal Code : VLLPLA57P28F205H |
|
|
|
Residence: |
|
Quintino Sella |
, 3 |
- 20100 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Procurator |
|
|
MELOTH |
HEINZ HERMANN
JOSEF |
|
|
|
Born in WORMS |
( ) |
on 09/02/1951 |
- Fiscal Code : MLTNRM51B |
|
|
|
Residence: |
ZUKUNFTSTRASSE |
, 42 |
MAINZ |
- DE - |
|
Ex-Postions |
|
Director |
|
|
Corti |
Maurizio |
|
|
|
Born in Como |
(CO) |
on 29/03/1954 |
- Fiscal Code : CRTMRZ54C29C933D |
|
Ex-Postions |
|
Procurator |
|
|
Citterio |
Massimo |
|
|
|
Born in Milano |
(MI) |
on 22/01/1961 |
- Fiscal Code : CTTMSM61A22F205R |
|
|
|
Residence: |
|
Caprilli |
, 13 |
- 20100 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
|
Soglia |
Antonio |
|
|
|
Born in Ferrara |
(FE) |
on 21/02/1947 |
- Fiscal Code : SGLNTN47B21D548P |
|
|
|
Residence: |
|
Sella Quintino |
, 3 |
- 20121 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Attorney with special power |
|
|
Fiorentini |
Carlo |
|
|
|
Born in Bologna |
(BO) |
on 27/12/1930 |
- Fiscal Code : FRNCRL30T27A944P |
|
|
|
Residence: |
|
Volonterio |
, 0021 |
- 21047 |
Saronno |
(VA) |
- IT - |
|
Ex-Postions |
|
Director |
|
Board Chairman |
|
|
Negri |
Pierangelo |
|
|
|
Born in Casorate Primo |
(PV) |
on 07/07/1938 |
- Fiscal Code : NGRPNG38L07B988E |
|
|
|
Residence: |
|
Tosi |
, 60 |
- 27022 |
Casorate Primo |
(PV) |
- IT - |
|
Ex-Postions |
|
Director |
|
|
Manzillo |
Alfonso |
|
|
|
Born in Napoli |
(NA) |
on 22/08/1927 |
- Fiscal Code : MNZLNS27M22F839G |
|
|
|
Residence: |
|
Boulevard Suchet |
- 75016 |
Parigi |
- FR - |
|
Ex-Postions |
|
Director |
|
|
VOLPATO |
MARCO |
|
|
|
Born in VERBANIA |
(NO) |
on 31/05/1945 |
- Fiscal Code : VLPMRC45E31L746P |
|
|
|
Residence: |
|
M. PAGANO |
, 61 |
- 20100 |
MILANO |
(MI) |
- IT - |
|
Ex-Postions |
|
Attorney General |
|
|
Zoppi |
Andrea |
|
|
|
Born in Milano |
(MI) |
on 15/02/1966 |
- Fiscal Code : ZPPNDR66B15F205G |
|
|
|
Residence: |
|
Cernuschi Enrico |
, 4 |
- 20129 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
|
Negri |
Pierangelo |
|
|
|
Born in Casorate Primo |
(PV) |
on 07/07/1938 |
- Fiscal Code : NGRPNG38L07B988E |
|
|
|
Residence: |
|
Tosi |
, 60 |
- 27022 |
Casorate Primo |
(PV) |
- IT - |
|
Ex-Postions |
|
Director |
|
|
Boschetti |
Giuseppe |
|
|
|
Born in Pavia |
(PV) |
on 24/07/1949 |
- Fiscal Code : BSCGPP49L24G388Q |
|
|
|
Residence: |
|
Montemaino |
, 2/A |
- 27100 |
Pavia |
(PV) |
- IT - |
|
Ex-Postions |
|
Board Chairman |
CEASINGS/INCORPORATIONS/MERGES:
|
|
Project of
merging by taking over of |
|
|
|
Micromec S.r.l.
Con Socio Unico |
|
|
|
|
Sella Quintino |
, 3 |
, 20121 |
, Milano |
(MI) |
- IT - |
|
|
|
Fiscal Code: 02935690129 |
|
|
|
Date |
Merging/splitting-up project: |
26/06/2009 |
|
|
Resolution of
merging of |
|
|
|
Micromec S.r.l. Con
Socio Unico |
|
|
|
|
Sella Quintino |
, 3 |
, 20121 |
, Milano |
(MI) |
- IT - |
|
|
|
Fiscal Code: 02935690129 |
|
|
|
Date |
: |
08/10/2009 |
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 1966.
The analysis is based on the latest 3 balance sheets.
During the last years, it achieved profits (r.o.e. 15,42% on 2012) but without a significant increase in the turnover.
The operating result was positive in the last financial year (6,01%) and in line with the sector's average.
The amount of the operating result for the year 2012 is of Eur. 2.260.814 , with no sizeable change as opposed to the year before.
During the latest financial year the gross operating margin amounted to Eur. 3.029.967 stable if compared to the financial year 2011.
The financial status of the company is fairly balanced with an indebtedness level of 2,14 with an improving trend as on the decrease.
It's shareholders funds amount to Eur. 9.699.329 , unchanged as opposed to the preceding year.
During the last financial year debts totalled Eur. 23.933.598 (Eur. 118.118 of which were m/l term debts) showing a stable trend as opposed to 2011 (Eur. 27.077.904).
Moderate recourse to bank credit while the exposure towards suppliers is rather high however still within the sector's average.
It shows a good range of liquidity.
Credits are collected in 84,22 days on the average. , a better value than the sector's average.
The financial management generated a cash flow of Eur. 2.265.126.
During 2012 financial year labour costs amounted to Eur. 10.002.798, with a 21,34% incidence on production costs. , with a 20,93% incidence on turnover.
The incidence of the financial charges is of -0,46% on the sales amount.
Financial Data
|
|
|
Complete balance-sheet for the year |
al 31/12/2012 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
47.795.201 |
|
Profit (Loss) for the period |
1.495.973 |
|
|
|
Complete balance-sheet for the year |
al 31/12/2011 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
45.535.174 |
|
Profit (Loss) for the period |
1.757.924 |
|
|
|
Complete balance-sheet for the year |
al 31/12/2010 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
39.458.042 |
|
Profit (Loss) for the period |
2.016.229 |
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 |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
RATIOS
|
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 |
0,26 |
0,23 |
0,26 |
0,25 |
|
Elasticity Ratio |
Units |
0,73 |
0,77 |
0,74 |
0,72 |
|
Availability of stock |
Units |
0,31 |
0,25 |
0,24 |
0,17 |
|
Total Liquidity Ratio |
Units |
0,42 |
0,52 |
0,51 |
0,50 |
|
Quick Ratio |
Units |
0,08 |
0,09 |
0,09 |
0,02 |
|
COMPOSITION ON
SOURCE |
|
|
|
|
|
|
Net Short-term indebtedness |
Units |
2,14 |
2,44 |
1,84 |
2,61 |
|
Self Financing Ratio |
Units |
0,26 |
0,23 |
0,26 |
0,21 |
|
Capital protection Ratio |
Units |
0,66 |
0,62 |
0,57 |
0,71 |
|
Liabilities consolidation quotient |
Units |
0,13 |
0,15 |
0,25 |
0,24 |
|
Financing |
Units |
2,47 |
2,94 |
2,37 |
3,54 |
|
Permanent Indebtedness Ratio |
Units |
0,34 |
0,33 |
0,41 |
0,40 |
|
M/L term Debts Ratio |
Units |
0,08 |
0,10 |
0,15 |
0,12 |
|
Net Financial Indebtedness Ratio |
Units |
0,35 |
0,19 |
0,03 |
0,84 |
|
CORRELATION |
|
|
|
|
|
|
Fixed assets ratio |
Units |
1,31 |
1,45 |
1,58 |
1,46 |
|
Current ratio |
Units |
1,15 |
1,17 |
1,29 |
1,20 |
|
Acid Test Ratio-Liquidity Ratio |
Units |
0,67 |
0,79 |
0,88 |
0,85 |
|
Structure's primary quotient |
Units |
0,99 |
1,01 |
1,01 |
0,86 |
|
Treasury's primary quotient |
Units |
0,13 |
0,14 |
0,16 |
0,04 |
|
Rate of indebtedness ( Leverage ) |
% |
387,89 |
435,37 |
382,64 |
477,50 |
|
Current Capital ( net ) |
Value |
3.544.830 |
4.544.292 |
5.616.592 |
239.373 |
|
RETURN |
|
|
|
|
|
|
Return on Sales |
% |
4,74 |
5,43 |
6,84 |
4,32 |
|
Return on Equity - Net- ( R.O.E. ) |
% |
15,42 |
19,08 |
22,97 |
4,61 |
|
Return on Equity - Gross - ( R.O.E. ) |
% |
25,47 |
32,24 |
37,67 |
17,61 |
|
Return on Investment ( R.O.I. ) |
% |
6,01 |
6,99 |
10,02 |
4,75 |
|
Return/ Sales |
% |
4,73 |
6,15 |
8,53 |
4,25 |
|
Extra Management revenues/charges incid. |
% |
66,17 |
62,74 |
59,89 |
18,91 |
|
Cash Flow |
Value |
2.265.126 |
2.471.204 |
2.700.811 |
138.084 |
|
Operating Profit |
Value |
2.260.814 |
2.801.843 |
3.366.677 |
154.078 |
|
Gross Operating Margin |
Value |
3.029.967 |
3.515.123 |
4.051.259 |
301.188 |
|
MANAGEMENT |
|
|
|
|
|
|
Credits to clients average term |
Days |
84,22 |
110,93 |
115,66 |
110,83 |
|
Debts to suppliers average term |
Days |
116,39 |
159,91 |
166,41 |
121,75 |
|
Average stock waiting period |
Days |
86,79 |
80,16 |
72,18 |
60,34 |
|
Rate of capital employed return ( Turnover
) |
Units |
1,27 |
1,14 |
1,17 |
1,12 |
|
Rate of stock return |
Units |
4,15 |
4,49 |
4,99 |
5,95 |
|
Labour cost incidence |
% |
20,93 |
20,44 |
20,45 |
21,94 |
|
Net financial revenues/ charges incidence |
% |
-0,46 |
-0,13 |
-0,32 |
-1,47 |
|
Labour cost on purchasing expenses |
% |
21,34 |
21,25 |
21,16 |
22,33 |
|
Short-term financing charges |
% |
0,98 |
0,30 |
0,70 |
2,84 |
|
Capital on hand |
% |
78,72 |
88,07 |
85,14 |
89,18 |
|
Sales pro employee |
Value |
286.198 |
157.017 |
156.579 |
165.709 |
|
Labour cost pro employee |
Value |
59.896 |
32.092 |
32.023 |
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 |
: |
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 |
: |
|
|
- per non food products |
: |
|
|
- per energy consume |
: |
|
460Sector 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 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. 58.74 |
|
|
1 |
Rs. 98.77 |
|
Euro |
1 |
Rs. 80.52 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
DPT |
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.