MIRA INFORM REPORT
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Report Date : |
07.11.2014 |
IDENTIFICATION DETAILS
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Name : |
DE COSTANZO FRANCESCO |
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Registered Office : |
Via I Maggio, 3, 61011- Gabicce Mare (PS) |
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Country : |
Italy |
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Date of Incorporation : |
08.09.1976 |
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Legal Form : |
Sole proprietorship |
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Line of Business : |
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No. of Employees : |
From 1 to 5 |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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Payment Behaviour : |
Unknown |
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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 – June 1, 2014
|
Country Name |
Previous Rating (31.03.2014) |
Current Rating (01.06.2014) |
|
Italy |
A2 |
A2 |
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Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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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 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 and address
DE
COSTANZO FRANCESCO
Via I Maggio, 3
61011 - Gabicce Mare (PS) -IT-
Summary
|
Fiscal Code |
: |
DCSFNC53L17F839E |
|
Legal Form |
: |
Sole proprietorship |
|
start of Activities |
: |
08/09/1976 |
|
Turnover Range |
: |
375.000/500.000 |
|
Number of Employees |
: |
from 1 to 5 |
Activity
Retail sale via stalls of
textiles, household linens and clothing
Retail sale via stalls of
knick-Knacks and bijouterie
Legal
Data
Legal Form : Sole
proprietorship
|
Fiscal Code : DCSFNC53L17F839E |
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Chamber of Commerce no. :
71924 of Pesaro since 14/09/1976 |
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V.A.T. Code : 00318250412 |
|
Start of Activities |
: 08/09/1976 |
Members
|
|
De
Costanzo |
Francesco |
|
|
Born in Napoli |
(NA) |
on 17/07/1953 |
- Fiscal Code :
DCSFNC53L17F839E |
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Residence: |
Primo Maggio |
, 3 |
- 61011 |
Gabicce Mare |
(PS) |
- IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Proprietor |
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.
|
|
De
Costanzo |
Francesco |
|
Firm's Style |
Seat |
Fiscal
Code |
Position |
Position
Status |
Firm's
Status |
|
De.co. S.a.s. Di De Costanzo
Francesco |
Cattolica (RN) - IT - |
05581500633 |
General
Partner |
Active |
Registered |
|
De.co. S.a.s. Di De Costanzo Francesco |
Cattolica (RN) - IT - |
05581500633 |
Legal
representative |
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.
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
I Maggio ,
3 - 61011 -
Gabicce Mare (PS) - IT -
Total Surface: 35 Sq.mt.
PHONE :
0541950729
- Branch (Shop) since 23/04/2005
C. Battisti ,
25/27 - 61011 - Gabicce Mare (PS) - IT -
Total Surface: 35 Sq.mt.
Employees :
2
Assistants :
2
Historical
Information and/or Firm's Status
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
The subject has been acting for
many years on local market.
Good financial conditions. They
let the firm meet business
requirements without problems.
Subject is characterized by a
corrected managment, which allows a
regular fulfiment of its own
engagments.
Debts towards banks and
suppliers are kept to limited extent.
Current financial charges are
limited.
No notable criticism is
expressed by common suppliers at to the
firm's business conduct which is
said to be honest enough.
Financial
Data
Estimated
Financial Data
|
Item Type |
Value |
|
Sales |
500.000 |
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 |
: |
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Population living in the
region |
: |
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Number of families in the
region |
: |
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Monthly family expences average
in the region (in .) :
|
- per food products |
: |
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|
- per non food products |
: |
|
|
- per energy consume |
: |
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Sector
Data
The values are calculated on a
base of 87 significant companies.
The companies cash their credits
on an average of 30 dd.
The average duration of
suppliers debts is about 150 dd.
The sector's profitability is on
an average of 3,01%.
The labour cost affects the
turnover in the measure of 11,11%.
Goods are held in stock in a
range of 173 dd.
The difference between the sales
volume and the resources used to realize it is about 0,92.
The employees costs represent the
11,27% of the production costs.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.39 |
|
|
1 |
Rs.98.00 |
|
Euro |
1 |
Rs.76.99 |
INFORMATION DETAILS
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Analysis Done by
: |
DIV |
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Report Prepared by
: |
SNT |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
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|
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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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 |
|
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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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 |
-- |
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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.