MIRA INFORM REPORT
|
Report No. : |
319212 |
|
Report Date : |
24.04.2015 |
IDENTIFICATION DETAILS
|
Name : |
CUCIRINI TRE STELLE MANIFATTURA DI SETTA LA SPA |
|
|
|
|
Registered Office : |
Via Piero
Gobetti, 12 CALEPPIO 20090 - Settala (MI) |
|
|
|
|
Country : |
Italy |
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Date of Incorporation : |
30.11.1967 |
|
|
|
|
Legal Form : |
Joint stock company |
|
|
|
|
Line of Business : |
Preparation and spinning of textile fibres.
|
|
|
|
|
No. of Employee : |
From 71 to 90 |
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 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.
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 |
|
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
|
CUCIRINI TRE STELLE MANIFATTURA DI SETTA
LA SPA |
|
Via Piero Gobetti, 12 CALEPPIO 20090 -
Settala (MI) -IT- |
Summary
|
Fiscal Code |
: |
00747710150 |
|
Legal Form |
: |
Joint stock company |
|
start of Activities |
: |
30/11/1967 |
|
Equity |
: |
2.000.000 |
|
Turnover Range |
: |
7.750.000/9.000.000 |
|
Number of Employees |
: |
from 71 to 90 |
Activity
Preparation and spinning of textile fibres
Legal Data
Legal Form : Joint stock company
|
Fiscal Code : 00747710150 |
|
Foreign Trade Reg. no. : MI061230 since
20/12/1991 |
|
Chamber of Commerce no. : 166086 of Ancona |
|
Chamber of Commerce no. : 160330 of Arezzo |
|
Chamber of Commerce no. : 478167 of Bari |
|
Chamber of Commerce no. : 346162 of Bergamo |
|
Chamber of Commerce no. : 1854762 of Monza
e Brianza |
|
Chamber of Commerce no. : 779663 of Milano
since 27/03/1969 |
|
Chamber of Commerce no. : 369268 of Modena |
|
Chamber of Commerce no. : 161853 of Taranto |
|
Chamber of Commerce no. : 131319 of Teramo |
|
Chamber of Commerce no. : 132200 of Teramo |
|
Chamber of Commerce no. : 320572 of Varese |
|
Chamber of Commerce no. : 311752 of Venezia |
|
Chamber of Commerce no. : 344025 of Venezia |
|
Firms' Register : MI146-136724 of Milano
since 19/02/1996 |
|
V.A.T. Code : 00747710150 |
|
Tribunal Co. Register : 136724 of |
|
Foundation date |
: 30/11/1967 |
|
|
Establishment date |
: 30/11/1967 |
|
|
Start of Activities |
: 30/11/1967 |
|
|
Legal duration |
: 31/12/2030 |
|
|
Nominal Capital |
: 2.250.000 |
|
|
Subscribed Capital |
: 2.250.000 |
|
|
Paid up Capital |
: 2.250.000 |
|
Legal mail : |
LEGAL@PEC.CUCIRINITRESTELLE.COM |
Members
|
|
Radice |
Angelo |
|
|
Born in Bergamo |
(BG) |
on 19/06/1940 |
- Fiscal Code : RDCNGL40H19A794I |
|
|
Residence: |
Osma Carlo |
, 2 |
- 20151 |
Milano |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
28/05/2014 |
||
|
Partner |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Radice |
Erminio |
|
|
Born in Milano |
(MI) |
on 27/03/1947 |
- Fiscal Code : RDCRMN47C27F205X |
|
|
Residence: |
Beatrice D'este |
, 10 |
- 20122 |
Milano |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
28/05/2014 |
||
|
Board Chairman |
28/05/2014 |
||
|
Managing Director |
28/05/2014 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Radice |
Federico |
|
|
Born in Milano |
(MI) |
on 13/02/1981 |
- Fiscal Code : RDCFRC81B13F205E |
|
|
Residence: |
Osma Carlo |
, 2 |
- 20151 |
Milano |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
28/05/2014 |
||
|
Managing Director |
28/05/2014 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Radice |
Luigi |
|
|
Born in Milano |
(MI) |
on 11/02/1981 |
- Fiscal Code : RDCLGU81B11F205C |
|
|
Residence: |
Carlo Bazzi |
, 9 |
- 20121 |
Milano |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
28/05/2014 |
||
|
Managing Director |
28/05/2014 |
|
|
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.
|
|
Radice |
Luigi |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Immobiliare R.a.m. Srl |
Milano (MI) - IT - |
00593910128 |
Sole 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 |
|
Radice Angelo |
Milano - IT - |
RDCNGL40H19A794I |
1.125.000 .Eur |
50,00 |
|
Radice Erminio |
Milano - IT - |
RDCRMN47C27F205X |
1.125.000 .Eur |
50,00 |
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 |
|
Tre Stelle Filati Tinti S.r.l. |
Bergamo - IT - |
02785400165 |
25.000 .Eur |
100,00 |
Ceased |
Firm's location and structure
In order to carry out its activities the firm
uses the following locations:
|
- |
Legal and operative seat |
|
Piero Gobetti |
, 12 |
- 20090 |
- Settala |
(MI) |
- IT - |
|
TELEX |
: 331471 CTS |
|
PHONE |
: 029589091 |
|
PHONE |
: 02954171 |
|
FAX |
: 0295417310 |
|
Legal mail |
: LEGAL@PEC.CUCIRINITRESTELLE.COM |
|
- |
Branch |
(Warehouse) |
since 01/04/2007 |
|
Massafra |
, 28/D |
- 74015 |
- Martina Franca |
(TA) |
- IT - |
|
- |
Branch |
(Warehouse) |
since 01/01/2008 |
|
Iv Novembre |
, 38 |
- 20053 |
- Muggio' |
(MB) |
- IT - |
|
- |
Branch |
(Store) |
since 11/05/2011 |
|
Da Caravaggio |
, 8 |
- 52100 |
- Arezzo |
(AR) |
- IT - |
|
Employees |
: 78 |
|
Fittings and Equipment for a value of
1.280.000 |
Eur |
|
Stocks for a value of 3.520.000 |
Eur |
|
Furniture and fittings for a value of
400.000 |
Eur |
|
Vehicles for a value of 480.000 |
Eur |
The firm operates abroad as importer /
exporter..
Products abroad are placed by :
|
- national or foreign important buyers |
|
- importers |
|
- direct orders from foreign companies |
Import comes generally from the following
nations:
|
- France |
|
- Italy |
Export is mainly towards:
|
- Italy |
|
- Belgium |
|
- Greece |
|
- Bulgaria |
|
- Gabon |
|
- GIAMAICA |
|
- France |
Historical
Information and/or Firm's Status
EX-MEMBERS / EX-POSITIONS:
|
|
Radice |
Angelo |
|
|
Born in Bergamo |
(BG) |
on 19/06/1940 |
- Fiscal Code : RDCNGL40H19A794I |
|
|
Residence: |
Osma Carlo |
, 2 |
- 20151 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Director |
|
Technical Manager |
|
|
Mariconda |
Alberto |
|
|
Born in Milano |
(MI) |
on 18/08/1922 |
- Fiscal Code : MRCLRT22M18F205Q |
|
|
Residence: |
Bonnet Nino |
, 7 |
- 20100 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Permanent Auditor |
|
|
Radice |
Erminio |
|
|
Born in Milano |
(MI) |
on 27/03/1947 |
- Fiscal Code : RDCRMN47C27F205X |
|
|
Residence: |
Beatrice D'este |
, 10 |
- 20122 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Managing Director |
|
|
Galassi |
Giuseppe |
|
|
Born in Codogno |
(MI) |
on 31/08/1938 |
- Fiscal Code : GLSGPP38M31C816F |
|
|
Residence: |
Gobetti |
, 12 |
- 20090 |
Settala |
(MI) |
- IT - |
|
Ex-Postions |
|
Director |
|
Managing Director |
|
|
Meroni |
Gianfranco |
|
|
Born in Milano |
(MI) |
on 10/05/1937 |
- Fiscal Code : MRNGFR37E10F205J |
|
|
Residence: |
Settembrini |
, 26/A |
- 20124 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Chairman of the Board of Aud. |
|
|
Bombardieri |
Giuliano Enrico |
|
|
Born in Bergamo |
(BG) |
on 15/11/1947 |
- Fiscal Code : BMBGNN47S15A794Y |
|
|
Residence: |
Richetti |
, 12 |
- 24010 |
Ponteranica |
(BG) |
- IT - |
|
Ex-Postions |
|
Director |
|
|
Meroni |
Gianfranco |
|
|
Born in Milano |
(MI) |
on 10/05/1937 |
- Fiscal Code : MRNGFR37E10F205J |
|
|
Residence: |
Settembrini |
, 26/A |
- 20124 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Chairman of the Board of Aud. |
|
|
Rioldi |
Daniele |
|
|
Born in Codogno |
(MI) |
on 15/08/1944 |
- Fiscal Code : RLDDNL44M15C816M |
|
|
Residence: |
Ponti Ettore |
, 34 |
- 20143 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Permanent Auditor |
|
|
Conca |
Maurizio |
|
|
Born in Bergamo |
(BG) |
on 17/02/1951 |
- Fiscal Code : CNCMRZ51B17A794F |
|
|
Residence: |
Papa Giovanni Xxiii |
, 94/D |
- 24100 |
Bergamo |
(BG) |
- IT - |
|
Ex-Postions |
|
Managing Director |
|
Director |
|
|
Grossi |
Stefano |
|
|
Born in Bergamo |
(BG) |
on 14/09/1962 |
- Fiscal Code : GRSSFN62P14A794X |
|
|
Residence: |
Papa Giovanni Xxiii |
, 94/D |
- 24121 |
Bergamo |
(BG) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
|
Manzotti |
Michele |
|
|
Born in Bergamo |
(BG) |
on 17/02/1967 |
- Fiscal Code : MNZMHL67B17A794N |
|
|
Residence: |
Marco Negrisoli |
, 6 |
- 24100 |
Bergamo |
(BG) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
|
Scarpellini |
Stefania |
|
|
Born in Bergamo |
(BG) |
on 17/05/1977 |
- Fiscal Code : SCRSFN77E57A794A |
|
|
Residence: |
Papa Giovanni Xxiii |
, 94/D |
- 24121 |
Bergamo |
(BG) |
- IT - |
|
Ex-Postions |
|
Permanent Auditor |
|
|
Maffeis |
Fabio |
|
|
Born in Bergamo |
(BG) |
on 04/12/1968 |
- Fiscal Code : MFFFBA68T04A794S |
|
|
Residence: |
Donizetti |
, 41 |
- 24020 |
Gorle |
(BG) |
- IT - |
|
Ex-Postions |
|
Permanent Auditor |
|
|
Ghitti |
Elio Antonio |
|
|
Born in Casazza |
(BG) |
on 21/12/1955 |
- Fiscal Code : GHTLTN55T21B947V |
|
|
Residence: |
Nazionale |
, 97 |
- 24060 |
Casazza |
(BG) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
|
Galassi |
Erminio |
|
|
Born in MILANO |
(MI) |
on 13/10/1933 |
- Fiscal Code : GLSRMN33R13F205F |
|
|
Residence: |
MORIGI |
, 3 |
- 20100 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Director |
|
|
Radice |
Gian Mario |
|
|
Born in Costa Valle Imagna |
(BG) |
on 16/06/1944 |
- Fiscal Code : RDCGMR44H16D103J |
|
|
Residence: |
Balsamo Crivelli Riccardo |
, 15/1 |
- 20143 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Attorney with special power |
|
Managing Director |
|
Assistant board Chairman |
|
Director |
|
Managing Director |
|
|
Conca |
Maurizio |
|
|
Born in Bergamo |
(BG) |
on 17/02/1951 |
- Fiscal Code : CNCMRZ51B17A794F |
|
|
Residence: |
Papa Giovanni Xxiii |
, 94/D |
- 24121 |
Bergamo |
(BG) |
- IT - |
|
Ex-Postions |
|
Managing Director |
|
Managing Director |
|
Managing Director |
|
Director |
|
|
Radice |
Dario |
|
|
Born in Milano |
(MI) |
on 20/03/1969 |
- Fiscal Code : RDCDRA69C20F205E |
|
|
Residence: |
Manin Daniele |
, 3 |
- 20121 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Managing Director |
|
Director |
|
|
Fumagalli |
Dino |
|
|
Born in Bergamo |
(BG) |
on 20/02/1958 |
- Fiscal Code : FMGDNI58B20A794A |
|
|
Residence: |
Teodoro Frizzoni |
, 17 |
- 24121 |
Bergamo |
(BG) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
|
Formenti |
Elisabetta |
|
|
Born in Busto Arsizio |
(VA) |
on 19/07/1970 |
- Fiscal Code : FRMLBT70L59B300E |
|
|
Residence: |
Castelmorrone |
, 1 |
- 21052 |
Busto Arsizio |
(VA) |
- IT - |
|
Ex-Postions |
|
Permanent Auditor |
|
|
Moroni |
Giuseppe |
|
|
Born in Milano |
(MI) |
on 23/11/1957 |
- Fiscal Code : MRNGPP57S23F205N |
|
|
Residence: |
Montecatini |
, 13 |
- 20144 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Chairman of the Board of Aud. |
|
|
Vallone |
Alessandra |
|
|
Born in Siracusa |
(SR) |
on 08/11/1966 |
- Fiscal Code : VLLLSN66S48I754A |
|
|
Residence: |
Diaz |
, 6 |
- 24050 |
Zanica |
(BG) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
CEASINGS/INCORPORATIONS/MERGES:
|
|
Splitting-up project and setting-up of new
co |
|
|
Date |
Merging/Splitting-up Project-New Company: |
16/06/2000 |
|
|
Splitting-up and setting-up of a new
company |
|
|
|
|
Fiscal Code: 03089400968 |
|
|
Date |
Splitting-up: |
22/12/2000 |
|
|
Project of merging by taking over of |
|
|
|
|
Salita Della Scaletta |
, 2 |
, 24100 |
, Bergamo |
(BG) |
- IT - |
|
|
Fiscal Code: 02785400165 |
|
|
Date |
Merging/splitting-up project: |
04/10/2005 |
|
|
The firm absorbed by merging of |
|
|
|
|
Salita Della Scaletta |
, 2 |
, 24100 |
, Bergamo |
(BG) |
- IT - |
|
|
Fiscal Code: 02785400165 |
|
|
Date |
: |
27/12/2005 |
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 1967.
The analysis is based on the latest 3 balance
sheets.
During the last years the subject suffered
net losses and in 2013 r.o.e. is -19,4%. Losses are due to turnover decrease
registered over the last years.
The operating result is negative.
The operating loss amounts to Eur. -41.372 .
The gross operating margin of the latest
financial year is of Eur. 160.422 recording a -34,34% decrease.
The financial status of the company is fairly
balanced with an indebtedness level of 3,83 even though on the increase if
compared to 2012.
The equity capital is equal to Eur. 1.993.344
, stable in comparison with the value of the previous year.
During the last financial year debts totalled
Eur. 7.964.941 (Eur. 312.502 of which were m/l term debts) showing a stable
trend as opposed to 2012 (Eur. 8.027.787).
Both financial indebtedness and suppliers
exposure are rather high but lined up with the field's average.
The available funds are good.
Trade credits are collected slowly, average
term is 180,51 days. even if compared to the average of the sector.
Cash flow is negative at the end of financial
year 2013.
Labour cost amounts to Eur. 2.591.541, with a
31,83% incidence on production costs. , whereas 31,5% is the incidence on sales
revenues.
Financial charges have a high incidence
(-3,88%) on turnover figures.
Financial Data
|
|
Complete balance-sheet for the year |
al 31/12/2013 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
8.226.269 |
|
Profit (Loss) for the period |
-386.715 |
|
|
Complete balance-sheet for the year |
al 31/12/2012 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
9.040.950 |
|
Profit (Loss) for the period |
-121.101 |
|
|
Complete balance-sheet for the year |
al 31/12/2011 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
10.820.383 |
|
Profit (Loss) for the period |
-133.628 |
|
|
Complete balance-sheet for the year |
al 31/12/2010 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
11.715.830 |
|
Profit (Loss) for the period |
75.254 |
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 |
0,20 |
0,18 |
0,16 |
0,27 |
|
Elasticity Ratio |
Units |
0,80 |
0,82 |
0,84 |
0,71 |
|
Availability of stock |
Units |
0,29 |
0,30 |
0,33 |
0,20 |
|
Total Liquidity Ratio |
Units |
0,51 |
0,51 |
0,51 |
0,45 |
|
Quick Ratio |
Units |
0,00 |
0,00 |
0,00 |
0,01 |
|
COMPOSITION ON SOURCE |
|||||
|
Net Short-term indebtedness |
Units |
3,83 |
3,24 |
2,67 |
2,05 |
|
Self Financing Ratio |
Units |
0,16 |
0,18 |
0,20 |
0,26 |
|
Capital protection Ratio |
Units |
-0,06 |
0,00 |
0,16 |
0,77 |
|
Liabilities consolidation quotient |
Units |
0,30 |
0,35 |
0,40 |
0,17 |
|
Financing |
Units |
4,00 |
3,37 |
2,79 |
2,43 |
|
Permanent Indebtedness Ratio |
Units |
0,35 |
0,39 |
0,42 |
0,41 |
|
M/L term Debts Ratio |
Units |
0,19 |
0,21 |
0,22 |
0,08 |
|
Net Financial Indebtedness Ratio |
Units |
2,32 |
2,02 |
1,78 |
0,78 |
|
CORRELATION |
|||||
|
Fixed assets ratio |
Units |
1,74 |
2,15 |
2,62 |
1,63 |
|
Current ratio |
Units |
1,27 |
1,38 |
1,56 |
1,27 |
|
Acid Test Ratio-Liquidity Ratio |
Units |
0,81 |
0,86 |
0,94 |
0,86 |
|
Structure's primary quotient |
Units |
0,81 |
1,01 |
1,26 |
1,07 |
|
Treasury's primary quotient |
Units |
0,00 |
0,00 |
0,00 |
0,02 |
|
Rate of indebtedness ( Leverage ) |
% |
611,83 |
547,01 |
496,60 |
370,05 |
|
Current Capital ( net ) |
Value |
2.050.831 |
2.910.218 |
4.206.371 |
571.296 |
|
RETURN |
|||||
|
Return on Sales |
% |
-2,25 |
1,38 |
2,35 |
1,30 |
|
Return on Equity - Net- ( R.O.E. ) |
% |
-19,40 |
-5,09 |
-4,73 |
-0,89 |
|
Return on Equity - Gross - ( R.O.E. ) |
% |
-16,31 |
-1,50 |
-0,70 |
2,00 |
|
Return on Investment ( R.O.I. ) |
% |
-0,34 |
-0,01 |
0,11 |
1,87 |
|
Return/ Sales |
% |
-0,50 |
-0,01 |
0,15 |
1,81 |
|
Extra Management revenues/charges incid. |
% |
n.c. |
n.c. |
-837,32 |
4,33 |
|
Cash Flow |
Value |
-184.921 |
124.544 |
253.755 |
44.316 |
|
Operating Profit |
Value |
-41.372 |
-1.286 |
15.959 |
59.860 |
|
Gross Operating Margin |
Value |
160.422 |
244.359 |
403.342 |
144.930 |
|
MANAGEMENT |
|||||
|
Credits to clients average term |
Days |
180,51 |
178,03 |
168,13 |
114,91 |
|
Debts to suppliers average term |
Days |
109,61 |
110,35 |
84,49 |
108,86 |
|
Average stock waiting period |
Days |
154,14 |
157,73 |
154,92 |
76,19 |
|
Rate of capital employed return ( Turnover
) |
Units |
0,67 |
0,69 |
0,77 |
1,01 |
|
Rate of stock return |
Units |
2,34 |
2,28 |
2,32 |
4,72 |
|
Labour cost incidence |
% |
31,50 |
32,42 |
32,90 |
15,97 |
|
Net financial revenues/ charges incidence |
% |
-3,88 |
-3,18 |
-2,13 |
-2,33 |
|
Labour cost on purchasing expenses |
% |
31,83 |
32,10 |
30,39 |
16,13 |
|
Short-term financing charges |
% |
4,02 |
3,60 |
2,98 |
3,86 |
|
Capital on hand |
% |
148,26 |
144,00 |
129,78 |
98,78 |
|
Sales pro employee |
Value |
102.828 |
99.351 |
97.480 |
196.263 |
|
Labour cost pro employee |
Value |
32.394 |
32.207 |
32.072 |
32.990 |
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 |
: |
|
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 246
significant companies.
The companies cash their credits on an
average of 115 dd.
The average duration of suppliers debts is
about 109 dd.
The sector's profitability is on an average
of 1,30%.
The labour cost affects the turnover in the
measure of 15,97%.
Goods are held in stock in a range of 76 dd.
The difference between the sales volume and
the resources used to realize it is about 1,01.
The employees costs represent the 16,13% of
the production costs.
Statistical Detrimental Data
Statistically the trade activity passes
through serious crises.
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.63.19 |
|
|
1 |
Rs.94.94 |
|
Euro |
1 |
Rs.67.66 |
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
|
|
|
|
Report Prepared
by : |
ANK |
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.