MIRA
INFORM REPORT
|
Report Date : |
06.09.2014 |
IDENTIFICATION DETAILS
|
Name : |
GEA GOMMA - S.R.L. |
|
|
|
|
Registered Office : |
Via Milano, 65 27030 - Castello
d'Agogna (PV) -IT- |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Date of Incorporation : |
15.11.1952 |
|
|
|
|
Legal Form : |
Limited liability company |
|
|
|
|
Line of Business : |
·
Manufacture of rugs and carpets ·
Manufacture of synthetic rubber in primary forms |
|
|
|
|
No. of Employees |
from 11 to 15 |
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 : |
Slow but Correct |
|
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.
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
GEA GOMMA - S.R.L.
Via Milano, 65
27030 - Castello
d'Agogna (PV) -IT-
Summary
|
Fiscal Code |
: |
00186170189 |
|
Legal Form |
: |
Limited liability company |
|
start of Activities |
: |
15/11/1952 |
|
Equity |
: |
Over 2.582.254 |
|
Turnover Range |
: |
2.250.000/3.000.000 |
|
Number of Employees |
: |
from 11 to 15 |
|
|
|
n.b.: The Creditworthness Rate shows, in percentage, the ratio between
the suggested credit opinion and the credit amount that the firm could get if
the financial situation would be completely positive. |
Activity
Manufacture of rugs and carpets
Manufacture of synthetic rubber in primary forms
Legal Data
Legal Form : Limited liability company
|
Fiscal Code : 00186170189 |
|
Foreign Trade Reg. no. : 006623 of Pavia since 07/01/1992 |
|
Chamber of Commerce no. : 70493 of Pavia since 11/05/1953 |
|
Firms' Register : PV177-2503 of Pavia since 19/02/1996 |
|
V.A.T. Code : 00186170189 |
|
Foundation date |
: 15/12/1952 |
|
|
Establishment date |
: 15/12/1952 |
|
|
Start of Activities |
: 15/11/1952 |
|
|
Legal duration |
: 31/12/2050 |
|
|
Nominal Capital |
: 624.000 |
|
|
Subscribed Capital |
: 624.000 |
|
|
Paid up Capital |
: 624.000 |
|
Members
|
|
Bonomi |
Daniela |
|
|
|
Born in Milano |
(MI) |
on 14/03/1951 |
- Fiscal Code : BNMDNL51C54F205R |
|
|
|
Residence: |
|
Ugo Foscolo |
, 3 |
- 27030 |
Castello d'Agogna |
(PV) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Sole Director |
23/04/2001 |
|
|
|
|
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.
|
|
Bonomi |
Daniela |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Eurorent S.r.l. |
Castello d'Agogna (PV) - IT - |
00176820181 |
Sole Director |
Active |
Registered |
|
Dopo Di Noi Per Mortara E Lomellina Onlus |
Mortara (PV) - IT - |
02009340189 |
Vice-Chairman |
Withdrawn |
Registered |
|
Dopo Di Noi Per Mortara E Lomellina Onlus |
Mortara (PV) - IT - |
02009340189 |
Director |
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 |
|
Bonomi Daniela |
Castello d'Agogna - IT - |
BNMDNL51C54F205R |
604.500 .Eur |
96,87 |
|
Grivel Paola Pepita |
|
GRVPPP75C46L872H |
6.500 .Eur |
1,04 |
|
Grivel William Paolo |
|
GRVWLM79E02L872G |
6.500 .Eur |
1,04 |
|
Grivel Stefano |
|
GRVSFN81E27L872U |
6.500 .Eur |
1,04 |
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 |
(Factory) |
since 28/06/1979 |
|
|
|
|
|
|
Milano |
, 65 |
- 27030 |
- Castello d'Agogna |
(PV) |
- IT - |
|
|
|
|
PHONE |
: 038456101 |
|
|
|
|
Website |
: WWW.GEAGOMMA.IT |
|
|
|
|
Employees |
: 15 |
|
Fittings and Equipment for a value of 100.000 |
Eur |
|
Stocks for a value of 880.000 |
Eur |
|
Cars: 5. |
The firm has a direct commercial organization
The company sells in Italy and abroad.
|
|
The firm operates abroad as importer / exporter..
To purchase foreign products the firm uses the following channels :
|
- distributors |
|
- its own sales net-work |
Export represents from 20% to 50% of the global turnover.
Products abroad are placed by :
|
- national or foreign important buyers |
|
- its own sales net-work |
|
- its own agents |
Import comes generally from the following nations:
|
- Stati Uniti |
|
- Guatemala GCA |
|
- Belgium |
|
- Holland |
Historical Information and/or
Firm's Status
CHANGES TO THE LEGAL FORM:
|
Former legal form |
New legal form |
Changement Date |
|
Joint stock company |
Limited liability company |
14/11/1989 |
EX-MEMBERS / EX-POSITIONS:
|
|
Giglia |
Giuseppe |
|
|
|
Born in Vigevano |
(PV) |
on 13/05/1934 |
- Fiscal Code : GGLGPP34E13L872P |
|
|
|
Residence: |
|
Boldrini |
, 14 |
- 27029 |
Vigevano |
(PV) |
- IT - |
|
Ex-Postions |
|
Chairman of the Board of Aud. |
|
|
Grivel |
Antonio |
|
|
|
Born in Cagliari |
(CA) |
on 01/05/1945 |
- Fiscal Code : GRVNTN45E01B354X |
|
|
|
Residence: |
|
Ugo Foscolo |
, 1 |
- 27030 |
Castello d'Agogna |
(PV) |
- IT - |
|
Ex-Postions |
|
Director |
|
|
Bonomi |
Daniela |
|
|
|
Born in Milano |
(MI) |
on 14/03/1951 |
- Fiscal Code : BNMDNL51C54F205R |
|
|
|
Residence: |
|
Ugo Foscolo |
, 3 |
- 27030 |
Castello d'Agogna |
(PV) |
- IT - |
|
Ex-Postions |
|
Director |
|
|
Isabella |
Cristina |
|
|
|
Born in Vigevano |
(PV) |
on 09/05/1968 |
- Fiscal Code : SBLCST68E49L872T |
|
|
|
Residence: |
|
Matteotti |
, 6 |
- 27029 |
Vigevano |
(PV) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
|
Isabella |
Marcello |
|
|
|
Born in Genova |
(GE) |
on 10/03/1934 |
- Fiscal Code : SBLMCL34C10D969K |
|
|
|
Residence: |
|
Manara Negrone |
, 24 |
- 27029 |
Vigevano |
(PV) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
|
Bonomi |
Giuseppe |
|
|
|
Born in Vigevano |
(PV) |
on 06/01/1908 |
- Fiscal Code : BNMGPP08A06L872S |
|
|
|
Residence: |
|
Milano |
, 35 |
- 27030 |
Castello d'Agogna |
(PV) |
- IT - |
|
Ex-Postions |
|
Managing Director |
|
Chairman |
|
|
Pastormerlo |
Franco |
|
|
|
Born in Gambolo' |
(PV) |
on 29/06/1928 |
- Fiscal Code : PSTFNC28H29D901J |
|
|
|
Residence: |
|
Del Carmine |
, 21 |
- 27029 |
Vigevano |
(PV) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
|
Giglia |
Giovanni |
|
|
|
Born in Vigevano |
(PV) |
on 14/01/1967 |
- Fiscal Code : GGLGNN67A14L872J |
|
|
|
Residence: |
|
Donizzetti |
, 21 |
- 27029 |
Vigevano |
(PV) |
- IT - |
|
Ex-Postions |
|
Permanent Auditor |
|
|
Zenoni |
Maria Angela |
|
|
|
Born in Mortara |
(PV) |
on 31/05/1948 |
- Fiscal Code : ZNNMNG48E71F754H |
|
|
|
Residence: |
|
Silvabella |
, 12 |
- 27036 |
Mortara |
(PV) |
- 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.
Bankers
The firm operates with:
|
Bank Name |
Agency Name |
Address |
ZIP Code |
City |
ABI Code |
CAB Code |
|
UNICREDIT |
Sede Vigevano. |
|
|
|
|
|
Financial and Economical Analysis
The company is active since 1952
Balance sheets for the years 2011, 2012 and 2013 were analyzed.
Under an economic point of view, profits were registered during the last
years with a r.o.e. of 0,5% in 2013
The operating result was positive in the last financial year (1,69%)
falling within the field's average.
The amount of the operating result for the year 2013 is of Eur. 73.502
showing a fall as opposed to the previous year (-60,81%).
During the latest financial year the gross operating margin amounted to
Eur. 118.731 , with a -48,26% decrease.
Excellent equity structure since liquidity is higher than short term
liabilities.
It's shareholders funds amount to Eur. 3.420.037 , stable in comparison
with the value of the previous year.
During the last financial year debts totalled Eur. 728.619 (Eur. 516.457
of which were m/l term debts) showing a stable trend as opposed to 2012 (Eur.
692.319).
Bank exsposure is limited and the suppliers' credit is modest too, 27,65
gg. is the payment average period which is also lower than the sector average.
The liquidity level is positive (13,28).
On average trade credits are collected in 50,76 days. , that compared to
the sector's average is shorter.
Eur. 62.325 is the value of cash flow during the year 2013
Labour cost expenses amount to Eur. 466.493 , representing 19,49% on the
total of production costs. , whereas the incidence on sales revenues is of
18,94%.
Financial incomes cover financial charges.
Financial Data
|
|
|
Complete balance-sheet for the year |
al 31/12/2013 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
2.463.031 |
|
Profit (Loss) for the period |
17.096 |
|
|
|
Complete balance-sheet for the year |
al 31/12/2012 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
3.058.522 |
|
Profit (Loss) for the period |
94.517 |
|
|
|
Complete balance-sheet for the year |
al 31/12/2011 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
3.657.061 |
|
Profit (Loss) for the period |
229.675 |
|
|
|
Complete balance-sheet for the year |
al 31/12/2010 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
3.035.065 |
|
Profit (Loss) for the period |
243.839 |
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 31/12/2013 - 12 Mesi - Currency: - Amounts x 1 |
|
- 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 |
|
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|
|
RATIOS |
Value Type |
as at 31/12/2013 |
as at 31/12/2012 |
as at 31/12/2011 |
Sector Average |
|
COMPOSITION ON INVESTMENT |
|
|
|
|
|
|
Rigidity Ratio |
Units |
0,35 |
0,32 |
0,33 |
0,34 |
|
Elasticity Ratio |
Units |
0,65 |
0,68 |
0,67 |
0,64 |
|
Availability of stock |
Units |
0,20 |
0,22 |
0,22 |
0,15 |
|
Total Liquidity Ratio |
Units |
0,44 |
0,45 |
0,44 |
0,46 |
|
Quick Ratio |
Units |
0,34 |
0,34 |
0,25 |
0,01 |
|
COMPOSITION ON SOURCE |
|
|
|
|
|
|
Net Short-term indebtedness |
Units |
n.c. |
n.c. |
n.c. |
1,80 |
|
Self Financing Ratio |
Units |
0,79 |
0,79 |
0,76 |
0,26 |
|
Capital protection Ratio |
Units |
0,81 |
0,79 |
0,74 |
0,75 |
|
Liabilities consolidation quotient |
Units |
3,23 |
3,90 |
2,07 |
0,23 |
|
Financing |
Units |
0,21 |
0,20 |
0,25 |
2,59 |
|
Permanent Indebtedness Ratio |
Units |
0,94 |
0,95 |
0,91 |
0,46 |
|
M/L term Debts Ratio |
Units |
0,16 |
0,16 |
0,15 |
0,12 |
|
Net Financial Indebtedness Ratio |
Units |
0,00 |
0,00 |
0,00 |
0,57 |
|
CORRELATION |
|
|
|
|
|
|
Fixed assets ratio |
Units |
2,69 |
2,95 |
2,76 |
1,28 |
|
Current ratio |
Units |
13,28 |
16,73 |
8,91 |
1,16 |
|
Acid Test Ratio-Liquidity Ratio |
Units |
9,11 |
11,23 |
5,94 |
0,84 |
|
Structure's primary quotient |
Units |
2,24 |
2,46 |
2,29 |
0,74 |
|
Treasury's primary quotient |
Units |
6,97 |
8,52 |
3,38 |
0,03 |
|
Rate of indebtedness ( Leverage ) |
% |
127,16 |
126,27 |
131,71 |
381,85 |
|
Current Capital ( net ) |
Value |
2.605.021 |
2.734.717 |
2.580.415 |
401.161 |
|
RETURN |
|
|
|
|
|
|
Return on Sales |
% |
2,53 |
4,46 |
7,33 |
3,85 |
|
Return on Equity - Net- ( R.O.E. ) |
% |
0,50 |
2,78 |
6,94 |
2,70 |
|
Return on Equity - Gross - ( R.O.E. ) |
% |
1,72 |
5,43 |
11,27 |
8,97 |
|
Return on Investment ( R.O.I. ) |
% |
1,69 |
4,37 |
8,32 |
4,02 |
|
Return/ Sales |
% |
2,98 |
6,13 |
9,92 |
3,73 |
|
Extra Management revenues/charges incid. |
% |
23,26 |
50,39 |
63,32 |
25,78 |
|
Cash Flow |
Value |
62.325 |
136.449 |
268.089 |
297.038 |
|
Operating Profit |
Value |
73.502 |
187.573 |
362.727 |
271.622 |
|
Gross Operating Margin |
Value |
118.731 |
229.505 |
401.141 |
541.113 |
|
MANAGEMENT |
|
|
|
|
|
|
Credits to clients average term |
Days |
50,76 |
36,53 |
47,36 |
112,20 |
|
Debts to suppliers average term |
Days |
27,65 |
14,85 |
14,27 |
101,28 |
|
Average stock waiting period |
Days |
129,15 |
112,61 |
95,62 |
48,71 |
|
Rate of capital employed return ( Turnover ) |
Units |
0,57 |
0,71 |
0,84 |
1,14 |
|
Rate of stock return |
Units |
2,79 |
3,20 |
3,76 |
7,38 |
|
Labour cost incidence |
% |
18,94 |
15,65 |
12,85 |
15,03 |
|
Net financial revenues/ charges incidence |
% |
0,41 |
0,36 |
0,26 |
-1,41 |
|
Labour cost on purchasing expenses |
% |
19,49 |
15,53 |
12,68 |
14,64 |
|
Short-term financing charges |
% |
0,16 |
0,10 |
0,02 |
3,20 |
|
Capital on hand |
% |
176,57 |
140,49 |
119,15 |
86,99 |
|
Sales pro employee |
Value |
15.890 |
218.465 |
261.218 |
279.071 |
|
Labour cost pro employee |
Value |
3.009 |
34.192 |
33.575 |
38.958 |
Market / Territory Data
|
Population living in the province |
: |
|
|
Population living in the region |
: |
|
|
Number of families in the region |
: |
|
510.505Monthly 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 805 significant companies.
The companies cash their credits on an average of 112 dd.
The average duration of suppliers debts is about 101 dd.
The sector's profitability is on an average of 3,85%.
The labour cost affects the turnover in the measure of 15,03%.
Goods are held in stock in a range of 49 dd.
The difference between the sales volume and the resources used to
realize it is about 1,14.
The employees costs represent the 14,64% of the production costs.
Statistical Detrimental Data
Statistcally the trade activity shows periods of crisis.
The area is statistically considered moderately risky.
In the region 50.886 protested subjects are found; in the province they
count to 2.343.
The insolvency index for the region is 0,55, , while for the province it
is 0,46.
Total Bankrupt companies in the province : 986.
Total Bankrupt companies in the region : 39.612.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.60.44 |
|
UK Pound |
1 |
Rs.98.64 |
|
Euro |
1 |
Rs.78.20 |
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.