|
Report No. : |
334262 |
|
Report Date : |
01.08.2015 |
IDENTIFICATION DETAILS
|
Name : |
ANGELANTONI TEST
TECHNOLOGIES S.R.L. IN FORMA ABBREVIATA ATT S.R.L. |
|
|
|
|
Registered Office : |
Localita' Cimacolle, 464, 06056 - |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Date of Incorporation : |
23.06.2011 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
· Manufacture of other special-purpose machinery n.e.c. (including spare parts and accessories) Manufacture of centrifuges for laboratories Clinical analysis laboratories, radiographic laboratories
and other image diagnosis centres |
|
|
|
|
No. of Employees : |
From 150 to 175 |
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 – March 31, 2015
|
Country Name |
Previous Rating (31.12.2014) |
Current Rating (31.03.2015) |
|
Italy |
A1 |
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 |
Angelantoni Test Technologies S.r.l. In Forma Abbreviata Att S.r.l.
Localita' Cimacolle, 464
06056 - Massa Martana (PG) -IT-
|
Fiscal Code |
: |
03216310544 |
|
Legal Form |
: |
Limited liability company |
|
start of Activities |
: |
22/12/2011 |
|
Equity |
: |
Over 2.582.254 |
|
Turnover Range |
: |
25.000.000/35.000.000 |
|
Number of Employees |
: |
from 150 to 175 |
Manufacture of other special-purpose machinery n.e.c. (including spare
parts and accessories)
Manufacture of centrifuges for laboratories
Clinical analysis laboratories, radiographic laboratories and other
image diagnosis centres
Legal Form : Limited liability company
|
Fiscal Code : 03216310544 |
|
Chamber of Commerce no. : 272575 of Perugia since 01/07/2011 |
|
V.A.T. Code : 03216310544 |
|
Establishment date |
: 23/06/2011 |
|
|
Start of Activities |
: 22/12/2011 |
|
|
Legal duration |
: 31/12/2050 |
|
|
Nominal Capital |
: 169.230 |
|
|
Subscribed Capital |
: 169.230 |
|
|
Paid up Capital |
: 169.230 |
|
|
Legal mail : |
ATT@LEGALMAIL.IT |
|
|
Angelantoni Industrie Srl |
|
|
|
|
|
|
Residence: |
|
Cimacolle |
, 464 |
- 06056 |
Massa Martana |
(PG) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Sole partner |
04/08/2014 |
|
|
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Angelantoni |
Gian Luigi |
|
|
|
Born in Todi |
(PG) |
on 20/05/1944 |
- Fiscal Code : NGLGLG44E20L188F |
|
|
|
Residence: |
|
Cimacolle |
, 464 |
- 06056 |
Massa Martana |
(PG) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Sole Director |
29/07/2014 |
|
|
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Parodi |
Gabriella Rita |
|
|
|
Born in Genova |
(GE) |
on 22/05/1956 |
- Fiscal Code : PRDGRL56E62D969M |
|
|
|
Residence: |
|
Della Pallotta |
, 20/M |
- 06126 |
Perugia |
(PG) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
31/07/2013 |
|
|
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Margherita |
Mauro |
|
|
|
Born in Napoli |
(NA) |
on 18/04/1967 |
- Fiscal Code : MRGMRA67D18F839L |
|
|
|
Residence: |
|
Cimacolle |
, 464 |
- 06056 |
Massa Martana |
(PG) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
30/04/2015 |
|
|
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Falchetti |
Vincenzo |
|
|
|
Born in Spoleto |
(PG) |
on 24/01/1955 |
- Fiscal Code : FLCVCN55A24I921Z |
|
|
|
Residence: |
|
Paolo Schiavetti Arcangeli |
, 15 |
- 06049 |
Spoleto |
(PG) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
30/04/2015 |
|
|
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Filippi |
Andrea |
|
|
|
Born in Terni |
(TR) |
on 21/12/1972 |
- Fiscal Code : FLPNDR72T21L117Y |
|
|
|
Residence: |
|
Della Cooperazione |
, 25 |
- 05100 |
Terni |
(TR) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
30/04/2015 |
|
|
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
*checkings have been performed on a national scale.
In this module are listed the companies in which members hold or have holded
positions.
|
|
Angelantoni Industrie Srl |
|
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Angelantoni Life Science S.r.l. In FormaAbbreviata Als S.r.l. |
Massa Martana (PG) - IT - |
03216320543 |
Sole partner |
Active |
Registered |
|
|
Angelantoni |
Gian Luigi |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Enterprise S.r.l. - In Liquidazione |
Rieti (RI) - IT - |
00656460573 |
Managing
Director |
Withdrawn |
Registered |
|
Enterprise S.r.l. - In Liquidazione |
Rieti (RI) - IT - |
00656460573 |
Director |
Withdrawn |
Registered |
|
Enterprise S.r.l. - In Liquidazione |
Rieti (RI) - IT - |
00656460573 |
Board Chairman |
Withdrawn |
Registered |
|
Acotec S.r.l. |
Ferrara (FE) - IT - |
01015350380 |
Director |
Withdrawn |
Registered |
|
Angelantoni Industrie Srl |
Massa Martana (PG) - IT - |
01678030543 |
Managing
Director |
Withdrawn |
Registered |
|
Angelantoni Industrie Srl |
Massa Martana (PG) - IT - |
01678030543 |
Director |
Withdrawn |
Registered |
|
Angelantoni Industrie Srl |
Massa Martana (PG) - IT - |
01678030543 |
Sole Director |
Active |
Registered |
|
Ahsi S.p.a. |
Bernareggio (MB) - IT - |
02481080964 |
Director |
Withdrawn |
Registered |
|
Ahsi S.p.a. |
Bernareggio (MB) - IT - |
02481080964 |
Board Chairman |
Withdrawn |
Registered |
|
2f Investments S.p.a. |
Massa Martana (PG) - IT - |
02253740548 |
Sole Director |
Active |
Registered |
|
Consorzio Solare Xxi |
Milano (MI) - IT - |
06180130962 |
Director |
Withdrawn |
Registered |
|
Archimede Solar Energy S.r.l. |
Massa Martana (PG) - IT - |
02971360546 |
Managing
Director |
Withdrawn |
Registered |
|
Archimede Solar Energy S.r.l. |
Massa Martana (PG) - IT - |
02971360546 |
Director |
Active |
Registered |
|
Archimede Solar Energy S.r.l. |
Massa Martana (PG) - IT - |
02971360546 |
Board Chairman |
Active |
Registered |
|
Arendi S.r.l. - In Liquidazione |
Gallarate (VA) - IT - |
02078830201 |
Director |
Withdrawn |
Registered |
|
Easy Green S.p.a. |
Firenze (FI) - IT - |
06121670480 |
Director |
Withdrawn |
Registered |
|
Solarlight Italia S.r.l. |
Massa Martana (PG) - IT - |
03121830545 |
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.
Shareholders' list as at date of data collection:
|
Firm's Style / Name |
Seat / Residence |
Fiscal Code |
Owned Shares |
% Ownership |
|
Angelantoni Industrie Srl |
Massa Martana - IT - |
01678030543 |
169.230 .Eur |
100,00 |
The Company under review has participations in the following Companies:
|
Firm's Style |
Seat |
Fiscal Code |
Owned Shares
Amount |
% Ownership |
since |
until |
Share Status |
|
Aerre Service S.r.l. |
Cinisello Balsamo - IT - |
04956310967 |
5.000 .Eur |
20,00 |
|
|
Active |
|
Consorzio Ecor'it - Sistema Collettivo P er La Gestione Dei Raee D I
Nuclei Domes |
Milano - IT - |
05083280965 |
|
|
|
|
Active |
|
Kenosistec S.r.l. |
Massa Martana - IT - |
02837890546 |
50.000 .Eur |
100,00 |
|
|
Active |
In order to carry out its activities the firm uses the following
locations:
|
- |
Legal and operative seat |
|
|
|
|
|
|
|
Cimacolle |
, 464 |
- 06056 |
- Massa Martana |
(PG) |
- IT - |
|
|
|
|
PHONE |
: 07589551 |
|
|
|
|
Legal mail |
: ATT@LEGALMAIL.IT |
|
- |
Branch |
(Factory) |
since 01/02/2015 |
|
|
|
|
|
|
Flaminia Vetus |
, SNC |
- 06056 |
- Massa Martana |
(PG) |
- IT - |
|
|
|
|
Employees |
: 153 |
|
Fittings and Equipment for a value of 170.000 |
Eur |
|
Stocks for a value of 15.070.000 |
Eur |
|
Work in progress for a value of 13.940.000 |
Eur |
|
|
CEASINGS/INCORPORATIONS/MERGES:
|
|
The firm succeeded to |
|
|
|
Angelantoni
Industrie Srl |
|
|
|
|
Cimacolle |
, 464 |
, 06056 |
, Massa Martana |
(PG) |
- IT - |
|
|
|
Fiscal Code: 01678030543 |
|
|
|
Date |
: |
22/12/2011 |
Protests checking on the subject firm has given a negative result.
Search performed on a National Scale
|
|
|
Prejudicial Events Search Result: NEGATIVE |
Search performed on a specialized data base.
None reported, standing to the latest received edition of the Official
Publications.
Company's starting of activities dates back to some years ago (2011).
The analysis is based on the latest 3 balance sheets.
Unstable economic results mark the company's financial state of affairs.
anyway in 2013 a positive result was achieved (r.o.e. 3,66%). The turnover is
growing in the last financial year (+58,02%).
The operating result is negative.
The operating loss is equal to Eur. -309.181.
The G.O.M. amounted to Eur. 1.907.230 , with a -28,67% decrease.
The financial status of the company is fairly balanced with an
indebtedness level of 2,51 and decreasing as against 2012.
Subject can manage an equity capital funds for an amount of Eur.
13.779.005 on stable levels.
Total debts recorded amounted to Eur. 35.511.677 (Eur. 22.720 of which
were m/l term debts) , a more or less stable value.
Financial indebdtedness is under control whereas debts to suppliers are
frequent even in comparison with the sector's.
Neverthless available funds are good.
Trade credits are collected slowly, average term is 116,97 days. within
the standard level of the average of the sector.
Eur. 1.483.852 is the value of cash flow during the year 2013
In the last financial year labour cost was of Eur. 7.214.691, with a
23,68% incidence on total costs of production. , whereas the incidence of such
costs on sales revenues is equal to 21,09%.
No incidence of financial charges as lower than the incomes.
|
|
|
Complete balance-sheet for the year |
al 31/12/2013 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
34.211.028 |
|
Profit (Loss) for the period |
504.278 |
|
|
|
Complete balance-sheet for the year |
al 31/12/2012 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
21.649.049 |
|
Profit (Loss) for the period |
2.731.200 |
|
|
|
Complete balance-sheet for the year |
al 31/12/2011 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Profit (Loss) for the period |
-3.955 |
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 |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
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 |
0,21 |
0,17 |
n.c. |
0,18 |
|
Elasticity Ratio |
Units |
0,79 |
0,83 |
1,00 |
0,77 |
|
Availability of stock |
Units |
0,28 |
0,33 |
n.c. |
0,21 |
|
Total Liquidity Ratio |
Units |
0,51 |
0,50 |
1,00 |
0,54 |
|
Quick Ratio |
Units |
0,02 |
0,01 |
0,94 |
0,02 |
|
COMPOSITION ON
SOURCE |
|
|
|
|
|
|
Net Short-term indebtedness |
Units |
2,51 |
2,90 |
n.c. |
1,74 |
|
Self Financing Ratio |
Units |
0,26 |
0,24 |
0,84 |
0,23 |
|
Capital protection Ratio |
Units |
0,95 |
0,80 |
0,00 |
0,76 |
|
Liabilities consolidation quotient |
Units |
0,04 |
0,03 |
n.c. |
0,29 |
|
Financing |
Units |
2,58 |
2,95 |
0,20 |
2,89 |
|
Permanent Indebtedness Ratio |
Units |
0,29 |
0,27 |
0,84 |
0,48 |
|
M/L term Debts Ratio |
Units |
0,03 |
0,02 |
n.c. |
0,15 |
|
Net Financial Indebtedness Ratio |
Units |
0,21 |
0,24 |
0,00 |
0,85 |
|
CORRELATION |
|
|
|
|
|
|
Fixed assets ratio |
Units |
1,40 |
1,60 |
n.c. |
1,99 |
|
Current ratio |
Units |
1,18 |
1,16 |
6,08 |
1,44 |
|
Acid Test Ratio-Liquidity Ratio |
Units |
0,75 |
0,70 |
6,08 |
1,04 |
|
Structure's primary quotient |
Units |
1,26 |
1,46 |
n.c. |
1,31 |
|
Treasury's primary quotient |
Units |
0,03 |
0,02 |
5,73 |
0,04 |
|
Rate of indebtedness ( Leverage ) |
% |
383,78 |
412,03 |
119,70 |
425,66 |
|
Current Capital ( net ) |
Value |
6.352.183 |
6.818.899 |
6.045 |
479.657 |
|
RETURN |
|
|
|
|
|
|
Return on Sales |
% |
4,34 |
13,62 |
n.c. |
4,46 |
|
Return on Equity - Net- ( R.O.E. ) |
% |
3,66 |
19,13 |
-65,43 |
2,45 |
|
Return on Equity - Gross - ( R.O.E. ) |
% |
7,07 |
24,78 |
-65,43 |
13,99 |
|
Return on Investment ( R.O.I. ) |
% |
-0,58 |
3,28 |
-54,66 |
5,21 |
|
Return/ Sales |
% |
-0,90 |
8,90 |
n.c. |
5,60 |
|
Extra Management revenues/charges incid. |
% |
n.c. |
141,74 |
n.c. |
22,60 |
|
Cash Flow |
Value |
1.483.852 |
2.948.657 |
-3.955 |
142.288 |
|
Operating Profit |
Value |
-309.181 |
1.926.901 |
-3.955 |
168.264 |
|
Gross Operating Margin |
Value |
1.907.230 |
2.674.175 |
-3.955 |
312.530 |
|
MANAGEMENT |
|
|
|
|
|
|
Credits to clients average term |
Days |
116,97 |
225,33 |
n.c. |
123,80 |
|
Debts to suppliers average term |
Days |
192,16 |
202,29 |
56,07 |
132,22 |
|
Average stock waiting period |
Days |
158,57 |
322,01 |
n.c. |
76,84 |
|
Rate of capital employed return ( Turnover ) |
Units |
0,65 |
0,37 |
n.c. |
0,92 |
|
Rate of stock return |
Units |
2,27 |
1,12 |
n.c. |
4,59 |
|
Labour cost incidence |
% |
21,09 |
31,02 |
n.c. |
20,27 |
|
Net financial revenues/ charges incidence |
% |
8,55 |
10,04 |
n.c. |
-2,11 |
|
Labour cost on purchasing expenses |
% |
23,68 |
23,26 |
n.c. |
20,51 |
|
Short-term financing charges |
% |
0,85 |
0,80 |
n.c. |
4,06 |
|
Capital on hand |
% |
154,57 |
271,68 |
n.c. |
108,15 |
|
Sales pro employee |
Value |
234.322 |
103.583 |
|
167.125 |
|
Labour cost pro employee |
Value |
49.415 |
32.131 |
|
32.349 |
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.
|
Population living in the province |
: |
632.420 |
|
Population living in the region |
: |
858.938 |
|
Number of families in the region |
: |
331.385 |
Monthly family expences average in the region (in Eur..) :
|
- per food products |
: |
508 |
|
- per non food products |
: |
1.747 |
|
- per energy consume |
: |
125 |
The values are calculated on a base of 219 significant companies.
The companies cash their credits on an average of 124 dd.
The average duration of suppliers debts is about 132 dd.
The sector's profitability is on an average of 4,46%.
The labour cost affects the turnover in the measure of 20,27%.
Goods are held in stock in a range of 77 dd.
The difference between the sales volume and the resources used to
realize it is about 0,92.
The employees costs represent the 20,51% of the production costs.
Statistcally the trade activity shows periods of crisis.
The area is statistically considered remarkably risky.
In the region 7.230 protested subjects are found; in the province they
count to 5.173.
The insolvency index for the region is 0,85, , while for the province it
is 0,83.
Total Bankrupt companies in the province : 2.808.
Total Bankrupt companies in the region : 3.572.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.64.01 |
|
|
1 |
Rs.99.84 |
|
Euro |
1 |
Rs.70.16 |
INFORMATION DETAILS
|
Analysis Done by
: |
KIN |
|
|
|
|
Report Prepared
by : |
NIT |
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.