MIRA INFORM REPORT
|
Report No. : |
318011 |
|
Report Date : |
18.04.2015 |
IDENTIFICATION DETAILS
|
Name : |
PRISMA INDUSTRIALE S.R.L. |
|
|
|
|
Registered Office : |
Via La Bionda, 17 43036 – Fidenza (PR) |
|
|
|
|
Country : |
Italy |
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Date of Incorporation : |
02.05.1989 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
Manufacture of other general-purpose machinery. |
|
|
|
|
No. of Employees : |
From 51 to 70 |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Maximum Credit Limit : |
25.000 |
|
|
|
|
Status : |
Moderate |
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|
|
|
Payment Behaviour : |
Slow but correct |
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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 |
|
Moderate |
B1 |
|
High |
B2 |
|
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
PRISMA INDUSTRIALE S.R.L.
Via La Bionda, 17
43036 – Fidenza (PR) -IT-
Summary
|
Fiscal Code |
: |
01677770347 |
|
Legal Form |
: |
Limited liability company |
|
start of Activities |
: |
02/05/1989 |
|
Equity |
: |
Over 2.582.254 |
|
Turnover Range |
: |
3.750.000/5.000.000 |
|
Number of Employees |
: |
from 51 to 70 |
Credit
Analysis
|
Credit Opinion |
: |
25.000 - |
Activity
Manufacture of other general-purpose machinery
Legal
Data
Legal Form : Limited liability company
Fiscal Code : 01677770347
Chamber of Commerce no. : 170835 of Parma since 24/05/1989
V.A.T. Code : 01677770347
Tribunal Co. Register : 19734 of since 19/05/1989
Foundation date : 02/05/1989
Establishment date : 02/05/1989
Start of Activities : 02/05/1989
Legal duration : 31/12/2030
Nominal Capital : 100.000
Subscribed Capital : 100.000
Paid up Capital : 100.000
Legal mail : PRISMAINDUSTRIALE@REGISTERPEC.IT
Members
Brunetti Alberto
|
Born in Castell'Arquato |
(PC) |
on 15/12/1946 |
- Fiscal Code : BRNLRT46T15C145H |
|
Residence: |
Marchesotto |
, 90 |
- 43039 |
Salsomaggiore Terme |
(PR) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Chairman |
29/04/2004 |
||
|
Managing Director |
29/04/2004 |
No Prejudicial events are reported
No Protests registered
Bandini Maurizio
|
Born in Parma |
(PR) |
on 17/08/1953 |
- Fiscal Code : BNDMRZ53M17G337U |
|
Residence: |
Martiri Della Liberta' |
, 23/A |
- 43036 |
Fidenza |
(PR) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Managing Director |
29/04/2004 |
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.
Brunetti Alberto
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Tecnotrade S.r.l. |
Fidenza (PR) - IT - |
02399130349 |
Managing Director |
Active |
Registered |
|
Tecnotrade S.r.l. |
Fidenza (PR) - IT - |
02399130349 |
Board Chairman |
Active |
Registered |
Bandini Maurizio
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Tecnotrade S.r.l. |
Fidenza (PR) - IT - |
02399130349 |
Managing Director |
Active |
Registered |
The indication "REGISTERED" as Firm Status could refer to Firms in Liquidation, Active, Inactive
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 |
|
Brunetti Alberto |
Salsomaggiore Terme - IT - |
BRNLRT46T15C145H |
80.000 .Eur |
80,00 |
|
Bandini Maurizio |
Fidenza - IT - |
BNDMRZ53M17G337U |
20.000 .Eur |
20,00 |
Direct
Participations
The Company has participations in the following Companies:
|
Firm's Style |
Seat |
Fiscal Code |
Owned Shares Amount |
% Ownership |
since |
until |
Share Status |
|
Ceip Societa' Consortile Per Azioni O In Forma Abbreviata Ceip S.c.p.a. |
Parma - IT - |
02106590348 |
75 .Eur |
0,04 |
Active |
Firm's
location and structure
In order to carry out its activities the firm uses the following locations:
Legal and operative seat since 02/05/1989
La Bionda, 17- 43036- Fidenza(PR)- IT -
PHONE: 0524527270
Legal mail : PRISMAINDUSTRIALE@REGISTERPEC.IT
Employees : 51
Family members : 3
Fittings and Equipment for a value of 97.000 Eur
Stocks for a value of 2.190.000 Eur
Historical
Information and/or Firm's Status
EX-MEMBERS / EX-POSITIONS:
Brunetti Alberto
|
Born in Castell'Arquato |
(PC) |
on 15/12/1946 |
- Fiscal Code : BRNLRT46T15C145H |
|
Residence: |
Marchesotto |
, 90 |
- 43039 |
Salsomaggiore Terme |
(PR) |
- IT - |
|
Ex-Postions |
|
Chairman and Managing Director |
Bandini Maurizio
|
Born in Parma |
(PR) |
on 17/08/1953 |
- Fiscal Code : BNDMRZ53M17G337U |
|
Residence: |
Martiri Della Liberta' |
, 23/A |
- 43036 |
Fidenza |
(PR) |
- IT - |
|
Ex-Postions |
|
Managing Director |
CEASINGS/INCORPORATIONS/MERGES:
Project of merging by
taking over of
Euroservice S.R.L.
|
LA BIONDA |
, 17 |
, 43036 |
, Fidenza |
(PR) |
- IT - |
Fiscal Code: 01813670344
|
Date |
Merging/splitting-up project: |
20/06/2001 |
The firm absorbed by merging of
PRISMA - SOCIETA' A RESPONSABILITA' LIMITATA
|
MARCHESOTTO |
, 90 |
, 43039 |
, Salsomaggiore Terme |
(PR) |
- IT - |
Fiscal Code: 00950240341
|
Date |
: 27/07/2001 |
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:
Legal Mortgage on 26/11/2012. for an amount of 167.019 Euro.
EQUITALIA CENTRO S. P. A.
Legal
Procedures
None reported, standing to the latest received edition of the Official Publications.
Financial
and Economical Analysis
The company is active since 1989
The economic-financial analysis has been made on the base of the b/s of the latests three years.
Unstable economic results mark the company's financial state of affairs. yet with a positive result in the 2013 (r.o.e. 0,26%).
The operating result was positive in the last financial year (1,5%) and in line with the sector's average.
The amount of the operating result for the year 2013 is of Eur. 170.371 increasing if compared to the yeart 2012.
The gross operating margin of the latest financial year is of Eur. 490.670 stable if compared to the financial year 2012.
Very good financial situation: shareholder's equity covers short-terms debts with an indebtedness level equal to 0,85 which is yet rising if compared to 2012.
With regard to equity capital, an amount of Eur. 4.836.194 is registered. , stable in comparison with the value of the previous year.
During the last financial year total debts volume reached Eur. 5.836.567 (Eur. 1.573.607 were m/l term ones) showing a stable trend as opposed to 2012 (Eur. 5.793.193).
Current liquid assets is positive.
2013 financial year closed with a cash flow of Eur. 332.689
In the last financial year labour cost was of Eur. 1.657.196, with a 41,84% incidence on total costs of production. , whereas the incidence of such costs on sales revenues is equal to 40,98%.
The financial management is marked by a high incidence of financial charges in relation to sales revenues (-3,14%).
Financial
Data
|
Complete balance-sheet for the year |
al 31/12/2013 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
4.043.485 |
|
Profit (Loss) for the period |
12.390 |
|
Complete balance-sheet for the year |
al 31/12/2012 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
4.209.291 |
|
Profit (Loss) for the period |
-67.850 |
|
Complete balance-sheet for the year |
al 31/12/2011 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
4.633.751 |
|
Profit (Loss) for the period |
44.570 |
|
Complete balance-sheet for the year |
al 31/12/2010 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
5.637.956 |
|
Profit (Loss) for the period |
7.909 |
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 |
0,41 |
0,43 |
0,47 |
0,18 |
|
Elasticity Ratio |
Units |
0,58 |
0,56 |
0,52 |
0,79 |
|
Availability of stock |
Units |
0,19 |
0,18 |
0,16 |
0,21 |
|
Total Liquidity Ratio |
Units |
0,39 |
0,38 |
0,36 |
0,52 |
|
Quick Ratio |
Units |
0,01 |
0,00 |
0,00 |
0,03 |
|
COMPOSITION ON SOURCE |
|||||
|
Net Short-term indebtedness |
Units |
0,85 |
0,84 |
0,89 |
3,01 |
|
Self Financing Ratio |
Units |
0,42 |
0,42 |
0,41 |
0,19 |
|
Capital protection Ratio |
Units |
0,98 |
0,99 |
0,97 |
0,66 |
|
Liabilities consolidation quotient |
Units |
0,54 |
0,61 |
0,60 |
0,16 |
|
Financing |
Units |
1,21 |
1,20 |
1,28 |
3,56 |
|
Permanent Indebtedness Ratio |
Units |
0,63 |
0,64 |
0,63 |
0,34 |
|
M/L term Debts Ratio |
Units |
0,20 |
0,22 |
0,22 |
0,10 |
|
Net Financial Indebtedness Ratio |
Units |
n.c. |
n.c. |
n.c. |
0,69 |
|
CORRELATION |
|||||
|
Fixed assets ratio |
Units |
1,52 |
1,49 |
1,34 |
1,65 |
|
Current ratio |
Units |
1,56 |
1,57 |
1,41 |
1,18 |
|
Acid Test Ratio-Liquidity Ratio |
Units |
1,05 |
1,06 |
0,98 |
0,86 |
|
Structure's primary quotient |
Units |
1,03 |
0,98 |
0,87 |
1,02 |
|
Treasury's primary quotient |
Units |
0,03 |
0,00 |
0,00 |
0,06 |
|
Rate of indebtedness ( Leverage ) |
% |
235,41 |
235,88 |
243,27 |
509,92 |
|
Current Capital ( net ) |
Value |
2.391.099 |
2.312.730 |
1.809.550 |
330.495 |
|
RETURN |
|||||
|
Return on Sales |
% |
8,23 |
7,78 |
8,97 |
3,79 |
|
Return on Equity - Net- ( R.O.E. ) |
% |
0,26 |
-1,41 |
0,91 |
6,70 |
|
Return on Equity - Gross - ( R.O.E. ) |
% |
1,43 |
-0,05 |
-0,24 |
18,82 |
|
Return on Investment ( R.O.I. ) |
% |
1,50 |
1,19 |
1,50 |
4,89 |
|
Return/ Sales |
% |
4,21 |
3,20 |
3,86 |
4,78 |
|
Extra Management revenues/charges incid. |
% |
7,27 |
-50,31 |
24,91 |
29,96 |
|
Cash Flow |
Value |
332.689 |
327.353 |
415.672 |
165.166 |
|
Operating Profit |
Value |
170.371 |
134.864 |
178.960 |
225.594 |
|
Gross Operating Margin |
Value |
490.670 |
530.067 |
550.062 |
376.080 |
|
MANAGEMENT |
|||||
|
Credits to clients average term |
Days |
n.c. |
n.c. |
n.c. |
111,07 |
|
Debts to suppliers average term |
Days |
n.c. |
n.c. |
n.c. |
127,44 |
|
Average stock waiting period |
Days |
194,74 |
177,21 |
146,00 |
62,88 |
|
Rate of capital employed return ( Turnover ) |
Units |
0,36 |
0,37 |
0,39 |
1,10 |
|
Rate of stock return |
Units |
1,85 |
2,03 |
2,47 |
5,58 |
|
Labour cost incidence |
% |
40,98 |
41,74 |
43,67 |
18,94 |
|
Net financial revenues/ charges incidence |
% |
-3,14 |
-4,38 |
-2,78 |
-1,15 |
|
Labour cost on purchasing expenses |
% |
41,84 |
42,21 |
44,54 |
18,99 |
|
Short-term financing charges |
% |
2,24 |
3,23 |
2,26 |
2,55 |
|
Capital on hand |
% |
281,56 |
270,32 |
256,81 |
90,89 |
|
Sales pro employee |
Value |
79.284 |
77.949 |
73.551 |
199.007 |
|
Labour cost pro employee |
Value |
32.494 |
32.535 |
32.119 |
34.820 |
Credit
Opinion
On the basis of the above mentioned, and the sales volume obtained, we deem that the maximum exposure for short and medium term transactions ( 90 - 120 days ) could be of:
25.000
Eur.
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.
SOURCES
Our Company collects data from public registers, lists, archives or contained in Acts and/or documents (held by the National Chamber of Commerce or Immovables Territorial Agency), users, reporters or however generally accessible (for example, from categorical lists, statistical institutes, press reports and from public inspection internet sites).
The present report is supplied for Your exclusive use and is bond to the general conditions of the contract. Personal Data collection and treatment, reported, are conform to our company's activities and to Your mandate conferred to us by Your request, for the purposes in relation to Marketing Management, Sales and Monetary Administration. It does not contain, nor could contain, information cancelled by a justified opposition right.
Market
/ Territory Data
|
Population living in the province |
: |
|
|
Population living in the region |
: |
|
|
Number of families in the region |
: |
|
Monthly 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 1.964 significant companies.
The companies cash their credits on an average of 111 dd.
The average duration of suppliers debts is about 127 dd.
The sector's profitability is on an average of 3,79%.
The labour cost affects the turnover in the measure of 18,94%.
Goods are held in stock in a range of 63 dd.
The difference between the sales volume and the resources used to realize it is about 1,10.
The employees costs represent the 18,99% 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 18.860 protested subjects are found; in the province they count to 1.231.
The insolvency index for the region is 0,46, , while for the province it is 0,31.
Total Bankrupt companies in the province : 1.624.
Total Bankrupt companies in the region : 14.698.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.37 |
|
|
1 |
Rs.93.10 |
|
Euro |
1 |
Rs.67.13 |
INFORMATION DETAILS
|
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 |
|
|
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.