IRA INFORM REPORT
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Report No. : |
317902 |
|
Report Date : |
17.04.2015 |
IDENTIFICATION DETAILS
|
Name : |
MANTOVANI GIUSEPPE E ANTONIO - S.N.C. |
|
|
|
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Registered Office : |
Viale Del Lavoro, 14, 37050- Belfiore (VR) |
|
|
|
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Country : |
Italy |
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Date of Incorporation : |
11.01.1984 |
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Legal Form : |
General Partnership |
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|
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Line of Business : |
Manufacture of other Agriculture, Silviculture and Zootechnics Machinery. |
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No. of Employees : |
From 11 to 15 |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
No Complaints |
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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 – December 31, 2014
|
Country Name |
Previous Rating (30.09.2014) |
Current Rating (31.12.2014) |
|
Italy |
A2 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
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Moderate |
B1 |
|
High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
|
Off-credit |
D |
ITALY - ECONOMIC OVERVIEW
Italy has a diversified 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 132% of GDP in 2014, 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 tax evasion. In 2014 economic growth and labor market conditions continued to deteriorate, with overall unemployment rising to 12.2% and youth unemployment around 40%. Italy's GDP is now nearly 10% below its 2007 pre-crisis level.
|
Source
: CIA |
Company name and address
Mantovani Giuseppe E Antonio - S.n.c
Viale Del Lavoro, 14
37050- Belfiore(VR) -IT-
Summary
|
Fiscal Code |
: |
00153550231 |
|
Legal Form |
: |
General partnership |
|
Establishment Date |
: |
11/01/1984 |
|
Turnover Range |
: |
1.250.000/1.500.000 |
|
Number of Employees |
: |
from 11 to 15 |
Activity
Manufacture of other agriculture, silviculture and zootechnics machinery
Legal
Data
Legal Form : General partnership
Register of Handcraft firms : 4873 of Verona
Fiscal Code : 00153550231
Foreign Trade Reg. no. : VR007025 since 04/12/1991
Foreign Trade Reg. no. : 7025 of Verona since 04/12/1991
Foreign Trade Reg. no. : 902638 of Verona
Chamber of Commerce no. : 130141 of Verona since 17/07/1972
V.A.T. Code : 00153550231
Establishment date : 11/01/1984
Legal duration: 31/12/2050
Nominal Capital : 636.861
Subscribed Capital : 636.861
Paid up Capital: 636.861
Legal mail : ATOMIZZATORIFLORIDA@BPEC.IT
Members
|
Mantovani |
Antonio |
|
Born in Belfiore |
(VR) |
on 20/12/1952 |
- Fiscal Code : MNTNTN52T20A737Y |
|
Residence: |
Del Lavoro |
, 18 |
- 37050 |
Belfiore |
(VR) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Partner |
10/02/2010 |
496.751 - |
78,00 |
|
No Prejudicial events are reported |
|
No Protests registered |
|
Andreon |
Nives |
|
Born in San Bonifacio |
(VR) |
on 20/03/1955 |
- Fiscal Code : NDRNVS55C60C566I |
|
Residence: |
Chiavichetta |
, 39/C |
- 37047 |
San Bonifacio |
(VR) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Partner |
25/06/1996 |
127.372 - |
20,00 |
|
No Prejudicial events are reported |
|
No Protests registered |
|
|
|
Born in Soave |
(VR) |
on 13/04/1979 |
- Fiscal Code : MNTLRS79D13I775M |
|
Residence: |
Roma |
, 32 |
- 37042 |
Caldiero |
(VR) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Partner |
10/02/2010 |
6.368 - |
1,00 |
|
No Prejudicial events are reported |
|
No Protests registered |
|
Mantovani |
Andrea |
|
Born in Soave |
(VR) |
on 23/07/1984 |
- Fiscal Code : MNTNDR84L23I775H |
|
Residence: |
Dell'artigianato |
, 18 |
- 37050 |
Belfiore |
(VR) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Partner |
10/02/2010 |
6.368 - |
1,00 |
|
No Prejudicial events are reported |
|
No Protests registered |
Companies
connected to members *
*checkings have been performed on a national scale.
In this module the companies in which members hold/held positions are listed.
The Members of the subject firm are not reported to be Members in other companies.
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
|
Del Lavoro |
, 14 |
- 37050 |
- Belfiore |
(VR) |
- IT - |
Trading Style: FLORIDA IRRORAZIONE E DISERBO
|
Legal mail |
: ATOMIZZATORIFLORIDA@BPEC.IT |
|
Employees |
: 11 |
|
Assistants |
: 3 |
Fittings and Equipment for a value of 67.000 Eur
Stocks for a value of 210.000 Eur
The firm operates abroad as importer / exporter..
To purchase foreign products the firm uses the following channels :
- direct orders to foreign companies
Export represents more than 50% of the global turnover.
Products abroad are placed by :
- importers
- its own agents
Export is mainly towards:
- Austria
- Italy
- France
- Greece
Historical
Information and/or Firm's Status
CHANGES TO THE LEGAL FORM:
|
Former legal form |
New legal form |
Changement Date |
|
De facto company |
General partnership |
11/01/1984 |
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
The subject has operated for along.
As regards liquid means, subject is able to face the necessary management requirements.
Its current financial situation is adequate to real needs so that payments are settled on agreed terms and means.
On the whole the indebtedness is normal. Moderate recourse to supplier and bank credit.
No irregularities are registered.
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 |
1.400.000 |
Reliability
Score
Considering also subject's structural and behavioural characteristics its credit margin rate (from 0 to 100%) is equal to 70%, in respect of a sector average of 64%.
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
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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 Eur..) :
|
- per food products |
: |
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- per non food products |
: |
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- per energy consume |
: |
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Sector
Data
The values are calculated on a base of 448 significant companies.
The companies cash their credits on an average of 104 dd.
The average duration of suppliers debts is about 123 dd.
The sector's profitability is on an average of 3,38%.
The labour cost affects the turnover in the measure of 17,51%.
Goods are held in stock in a range of 91 dd.
The difference between the sales volume and the resources used to realize it is about 1,05.
The employees costs represent the 17,77% of the production costs.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.37 |
|
|
1 |
Rs.92.44 |
|
Euro |
1 |
Rs.66.56 |
INFORMATION DETAILS
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Analysis Done by
: |
RAS |
|
|
|
|
Report Prepared
by : |
VNT |
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 |
|
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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 |
|
|
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 |
-- |
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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.