MIRA
INFORM REPORT
|
Report Date : |
25.11.2014 |
IDENTIFICATION DETAILS
|
Name : |
MECA S.R.L. |
|
|
|
|
Registered Office : |
Via Boccaccio Giovanni, 15 20123 – Milano (MI |
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Country : |
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|
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Financials (as on) : |
30.06.2013 |
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Date of Incorporation : |
29.06.1998 |
|
|
|
|
Legal Form : |
Limited liability company |
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|
|
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Line of Business : |
General Mechanics |
|
|
|
|
No. of Employees : |
from 36 to 50 |
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 : |
Slow |
|
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) |
|
|
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
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High |
B2 |
|
Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
|
Source
: CIA |
Company name and address
MECA S.R.L.
Via Boccaccio Giovanni, 15
20123 – Milano
(MI) -IT-
Summary
|
Fiscal Code |
: |
12521880158 |
|
Legal Form |
: |
Limited liability company |
|
Establishment Date |
: |
29/06/1998 |
|
Equity |
: |
125.000 |
|
|
: |
2.250.000/3.000.000 |
|
Number of Employees |
: |
from 36 to 50 |
Activity
General mechanics
Legal Data
Legal Form : Limited liability company
|
Fiscal Code : 12521880158 |
|
Foreign Trade Reg. no. : MI284444 since 14/10/1998 |
|
Chamber of Commerce no. : 1564328 of Milano since 10/08/1998 |
|
Chamber of Commerce no. : 259293 of |
|
Firms' Register : MI-1998-172336 of Milano |
|
V.A.T. Code : 12521880158 |
|
Establishment date |
: 29/06/1998 |
|
|
Legal duration |
: 31/12/2050 |
|
|
Nominal Capital |
: 100.000 |
|
|
Subscribed Capital |
: 100.000 |
|
|
Paid up Capital |
: 100.000 |
|
Members
|
|
Landoni |
Giannino |
|
|
|
Born in Castellanza |
(VA) |
on 27/01/1923 |
- Fiscal Code : LNDGNN23A27C139N |
|
|
|
Residence: |
|
Prov. Busto Cassano 1 |
- 21054 |
Fagnano Olona |
(VA) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
21/05/2012 |
|
|
|
Board Chairman |
21/05/2012 |
|
|
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Landoni |
Alberto |
|
|
|
Born in Castellanza |
(VA) |
on 30/09/1964 |
- Fiscal Code : LNDLRT64P30C139K |
|
|
|
Residence: |
|
Salvador Allende |
, 6 |
- 20025 |
Legnano |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
21/05/2012 |
|
|
|
Managing Director |
21/06/2012 |
|
|
|
|
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.
|
|
Landoni |
Giannino |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Proda S.r.l. |
Milano (MI) - IT - |
01650920125 |
Chairman |
Withdrawn |
Ceased |
|
Proda S.r.l. |
Milano (MI) - IT - |
01650920125 |
Director |
Withdrawn |
Ceased |
|
Proda S.r.l. |
Milano (MI) - IT - |
01650920125 |
Board Chairman |
Withdrawn |
Ceased |
|
Proda S.r.l. |
Milano (MI) - IT - |
09738820159 |
Director |
Active |
Registered |
|
Proda S.r.l. |
Milano (MI) - IT - |
09738820159 |
Board Chairman |
Active |
Registered |
|
Finland Srl |
Milano (MI) - IT - |
10177930152 |
Sole Director |
Withdrawn |
Ceased |
|
Mids S.r.l. |
Milano (MI) - IT - |
03889190967 |
Sole Director |
Withdrawn |
Registered |
|
"meca S.a.s. Di Giannino Landoni E C." |
Cassano Magnago (VA) - IT - |
00186290128 |
Acting partner (in work) |
Withdrawn |
Ceased |
|
"meca S.a.s. Di Giannino Landoni E C." |
Cassano Magnago (VA) - IT - |
00186290128 |
Manager |
Withdrawn |
Ceased |
|
*"3 N S.r.l." In Liquidazione |
Cassano Magnago (VA) - IT - |
|
Liquidator |
Withdrawn |
Ceased |
|
|
Landoni |
Alberto |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Proda S.r.l. |
Milano (MI) - IT - |
01650920125 |
Director |
Withdrawn |
Ceased |
|
Proda S.r.l. |
Milano (MI) - IT - |
01650920125 |
Managing Director |
Withdrawn |
Ceased |
|
Proda S.r.l. |
Milano (MI) - IT - |
09738820159 |
Director |
Active |
Registered |
|
Proda S.r.l. |
Milano (MI) - IT - |
09738820159 |
Sole partner |
Active |
Registered |
|
Proda S.r.l. |
Milano (MI) - IT - |
09738820159 |
Managing Director |
Active |
Registered |
|
"meca S.a.s. Di Giannino Landoni E C." |
Cassano Magnago (VA) - IT - |
00186290128 |
Attorney General |
Withdrawn |
Ceased |
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 |
|
Landoni Alberto |
Legnano - IT - |
LNDLRT64P30C139K |
99.000 .Eur |
99,00 |
|
Gada Miranda |
|
GDAMND66H70D869T |
1.000 .Eur |
1,00 |
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 |
|
Ceam Group International - Consorzio Exp ort Alto Milanese |
Busto Arsizio - IT - |
01981710120 |
|
|
|
|
Active |
Firm's location and structure
In order to carry out its activities the firm uses the following
locations:
|
- |
Legal and operative seat |
|
|
|
|
|
|
|
Boccaccio Giovanni |
, 15 |
- 20100 |
- Milano |
(MI) |
- IT - |
|
|
|
|
PHONE |
: 0331685605 |
|
|
|
|
FAX |
: 0331686340 |
|
- |
Branch |
(Factory) |
since 10/08/1998 |
|
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|
|
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Provinciale Busto-cassano |
, 3 |
- 21054 |
- Fagnano Olona |
(VA) |
- IT - |
|
|
|
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Employees |
: 37 |
|
Fittings and Equipment for a value of 490.000 |
Eur |
|
Stocks for a value of 3.550.000 |
Eur |
|
|
Historical Information and/or Firm's Status
EX-MEMBERS / EX-POSITIONS:
|
|
Landoni |
Alberto |
|
|
|
Born in Castellanza |
(VA) |
on 30/09/1964 |
- Fiscal Code : LNDLRT64P30C139K |
|
|
|
Residence: |
|
Salvador Allende |
, 6 |
- 20025 |
Legnano |
(MI) |
- IT - |
|
Ex-Postions |
|
Sole partner |
|
|
Costadoni |
Marcello |
|
|
|
Born in MILANO |
(MI) |
on 04/03/1950 |
- Fiscal Code : CSTMCL50C04F205L |
|
|
|
Residence: |
|
Cattaneo |
, 13 |
- 21013 |
Varese |
(VA) |
- IT - |
|
Ex-Postions |
|
Chairman of the Board of Aud. |
|
|
Arbini |
Raffaella |
|
|
|
Born in Busto Arsizio |
(VA) |
on 09/08/1966 |
- Fiscal Code : RBNRFL66M49B300N |
|
|
|
Residence: |
|
A. De Gasperi |
, 36/38 |
- 20015 |
Parabiago |
(MI) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
|
Ferrazzi |
Maria Enrica |
|
|
|
Born in Cardano Al Campo |
(VA) |
on 25/06/1947 |
- Fiscal Code : FRRMNR47H65B754P |
|
|
|
Residence: |
|
Stoppani 14/a |
- 21013 |
Gallarate |
(VA) |
- IT - |
|
Ex-Postions |
|
Permanent Auditor |
|
|
Foglia |
Guglielmo |
|
|
|
Born in Gallarate |
(VA) |
on 10/01/1961 |
- Fiscal Code : FGLGLL61A10D869I |
|
|
|
Residence: |
|
Nazario Sauro |
, 8 |
- 21013 |
Gallarate |
(VA) |
- IT - |
|
Ex-Postions |
|
Permanent Auditor |
|
|
Ceron |
Guido |
|
|
|
Born in Busto Arsizio |
(VA) |
on 10/05/1951 |
- Fiscal Code : CRNGDU51E10B300F |
|
|
|
Residence: |
|
Silvio Pellico |
, 14 |
- 21052 |
Busto Arsizio |
(VA) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
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 1998.
An eco-fin analysis has been made on the base od the b/s fo the years
2011, 2012 and 2013.
During the last years, net losses were registered; in 2013 r.o.e. is
-735,57%. Losses are due to turnover decrease registered over the last years.
The operating result is negative.
the operating loss amounts to Eur. -781.069.
The GOM is negative and amounts to Eur. -612.086.
Short-term debts volume if compared to net worth, as it comes out from
the total indebtedness (36,07) which is rising compared to 2012.
Subject can manage an equity capital funds for an amount of Eur. 104.428
decreasing if compared to the previous financial year.
During the last financial year total debts volume reached Eur. 4.223.181
(Eur. 406.111 were m/l term ones) , decreasing if compared to 2012 (-23,24%).
Liquidity is good.
(Eur. -599.159) is the negative value of the cash flow.
Labour cost amounts to Eur. 1.295.150, with a 38,65% incidence on
production costs. , whereas the incidence on sales revenues is of 54,8%.
Finacial chareges are high: the incidence on sales volume amounts to -5%
Financial Data
|
|
|
Complete balance-sheet for the year |
al 30/06/2013 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
2.363.579 |
|
Profit (Loss) for the period |
-768.142 |
|
|
|
Complete balance-sheet for the year |
al 30/06/2012 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
4.907.958 |
|
Profit (Loss) for the period |
-573.927 |
|
|
|
Complete balance-sheet for the year |
al 30/06/2011 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
5.219.214 |
|
Profit (Loss) for the period |
-762.098 |
|
|
|
Complete balance-sheet for the year |
al 30/06/2010 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
4.014.880 |
|
Profit (Loss) for the period |
-1.752.132 |
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 30/06/2013 - 12 Mesi - Currency: - Amounts x 1 |
|
- Balance Sheet as at 30/06/2012 - 12 Mesi - Currency: - Amounts x 1 |
|
- Balance Sheet as at 30/06/2011 - 12 Mesi - Currency: - Amounts x 1 |
|
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RATIOS |
Value Type |
as at 30/06/2013 |
as at 30/06/2012 |
as at 30/06/2011 |
Sector Average |
|
COMPOSITION ON INVESTMENT |
|
|
|
|
|
|
Rigidity Ratio |
Units |
0,14 |
0,14 |
0,18 |
0,24 |
|
Elasticity Ratio |
Units |
0,82 |
0,82 |
0,80 |
0,73 |
|
Availability of stock |
Units |
0,69 |
0,52 |
0,60 |
0,13 |
|
Total Liquidity Ratio |
Units |
0,14 |
0,30 |
0,20 |
0,54 |
|
Quick Ratio |
Units |
0,01 |
0,04 |
0,04 |
0,03 |
|
COMPOSITION ON SOURCE |
|
|
|
|
|
|
Net Short-term indebtedness |
Units |
36,07 |
33,08 |
4,89 |
3,02 |
|
Self Financing Ratio |
Units |
0,02 |
0,02 |
0,12 |
0,19 |
|
Capital protection Ratio |
Units |
7,40 |
4,32 |
0,67 |
0,67 |
|
Liabilities consolidation quotient |
Units |
0,28 |
0,25 |
0,37 |
0,21 |
|
Financing |
Units |
40,44 |
38,59 |
6,10 |
3,82 |
|
Permanent Indebtedness Ratio |
Units |
0,23 |
0,21 |
0,35 |
0,37 |
|
M/L term Debts Ratio |
Units |
0,21 |
0,19 |
0,23 |
0,12 |
|
Net Financial Indebtedness Ratio |
Units |
n.c. |
n.c. |
2,69 |
0,54 |
|
CORRELATION |
|
|
|
|
|
|
Fixed assets ratio |
Units |
1,62 |
1,52 |
1,92 |
1,36 |
|
Current ratio |
Units |
1,12 |
1,10 |
1,30 |
1,15 |
|
Acid Test Ratio-Liquidity Ratio |
Units |
0,19 |
0,40 |
0,32 |
0,90 |
|
Structure's primary quotient |
Units |
0,14 |
0,16 |
0,66 |
0,80 |
|
Treasury's primary quotient |
Units |
0,02 |
0,05 |
0,07 |
0,05 |
|
Rate of indebtedness ( Leverage ) |
% |
4950,88 |
4643,67 |
836,54 |
522,79 |
|
Current Capital ( net ) |
Value |
445.187 |
496.160 |
1.114.160 |
137.035 |
|
RETURN |
|
|
|
|
|
|
Return on Sales |
% |
-25,35 |
-4,36 |
-3,81 |
4,19 |
|
Return on Equity - Net- ( R.O.E. ) |
% |
-735,57 |
-402,56 |
-106,36 |
6,82 |
|
Return on Equity - Gross - ( R.O.E. ) |
% |
-721,19 |
-369,50 |
-101,97 |
21,82 |
|
Return on Investment ( R.O.I. ) |
% |
-15,11 |
-7,56 |
-19,51 |
5,32 |
|
Return/ Sales |
% |
-33,05 |
-10,20 |
-22,41 |
4,80 |
|
Extra Management revenues/charges incid. |
% |
n.c. |
n.c. |
n.c. |
24,34 |
|
Cash Flow |
Value |
-599.159 |
-213.814 |
-198.882 |
122.584 |
|
Operating Profit |
Value |
-781.069 |
-500.501 |
-1.169.653 |
134.039 |
|
Gross Operating Margin |
Value |
-612.086 |
-140.388 |
-606.437 |
232.049 |
|
MANAGEMENT |
|
|
|
|
|
|
Credits to clients average term |
Days |
n.c. |
n.c. |
42,12 |
113,47 |
|
Debts to suppliers average term |
Days |
n.c. |
n.c. |
127,42 |
128,87 |
|
Average stock waiting period |
Days |
540,18 |
253,63 |
249,99 |
41,22 |
|
Rate of capital employed return ( Turnover ) |
Units |
0,46 |
0,74 |
0,87 |
1,15 |
|
Rate of stock return |
Units |
0,67 |
1,42 |
1,44 |
8,63 |
|
Labour cost incidence |
% |
54,80 |
38,48 |
40,95 |
23,26 |
|
Net financial revenues/ charges incidence |
% |
-5,00 |
-1,41 |
-1,40 |
-1,36 |
|
Labour cost on purchasing expenses |
% |
38,65 |
33,30 |
31,51 |
23,52 |
|
Short-term financing charges |
% |
3,40 |
2,15 |
1,68 |
2,74 |
|
Capital on hand |
% |
218,74 |
134,89 |
114,84 |
87,13 |
|
Sales pro employee |
Value |
59.089 |
83.185 |
79.079 |
150.278 |
|
Labour cost pro employee |
Value |
32.378 |
32.010 |
32.383 |
33.017 |
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 |
: |
|
|
Population living in the region |
: |
|
|
Number of families in the region |
: |
|
3.839.216Monthly family expences average in the region (in Eur..) :
|
- per food products |
: |
|
|
- per non food products |
: |
|
|
- per energy consume |
: |
|
Sector Data
The values are calculated on a base of 3.083 significant companies.
The companies cash their credits on an average of 113 dd.
The average duration of suppliers debts is about 129 dd.
The sector's profitability is on an average of 4,19%.
The labour cost affects the turnover in the measure of 23,26%.
Goods are held in stock in a range of 41 dd.
The difference between the sales volume and the resources used to
realize it is about 1,15.
The employees costs represent the 23,52% 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.61.78 |
|
|
1 |
Rs.96.78 |
|
Euro |
1 |
Rs.76.59 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
SDA |
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.