|
Report No. : |
349365 |
|
Report Date : |
09.11.2015 |
IDENTIFICATION DETAILS
|
Name : |
FASHION BOX S.P.A. |
|
|
|
|
Registered Office : |
Via Marcoai, 1 Casella, 31011 - Asolo (TV) -IT- |
|
|
|
|
Country : |
Italy |
|
|
|
|
Financials (as on) : |
31.12.2014 |
|
|
|
|
Date of Incorporation : |
08.11.2001 |
|
|
|
|
Legal Form : |
Joint Stock Company |
|
|
|
|
Line of Business : |
·
Manufacture of apparel (except fur apparel) ·
Retail sale of clothing in specialized stores |
|
|
|
|
No. of Employees : |
From 251 to 500 |
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.
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 |
FASHION BOX S.P.A.
Via Marcoai, 1 CASELLA
31011 - Asolo (TV) -IT-
|
Fiscal Code |
: |
03676290269 |
|
Legal Form |
: |
Joint stock company |
|
start of Activities |
: |
08/11/2001 |
|
Equity |
: |
Over 2.582.254 |
|
Turnover Range |
: |
100.000.000/150.000.000 |
|
Number of Employees |
: |
from 251 to 500 |
Manufacture of apparel (except fur apparel)
Retail sale of clothing in specialized stores
Legal Form : Joint stock company
|
Fiscal Code : 03676290269 |
|
Chamber of Commerce no. : 609644 of Firenze |
|
Chamber of Commerce no. : 1920948 of Milano |
|
Chamber of Commerce no. : 398322 of Padova |
|
Chamber of Commerce no. : 1289739 of Roma |
|
Chamber of Commerce no. : 289396 of Treviso since 05/12/2001 |
|
Chamber of Commerce no. : 352618 of Venezia |
|
Firms' Register : TV-2001-62408 of Treviso |
|
V.A.T. Code : 03676290269 |
|
Establishment date |
: 08/11/2001 |
|
|
Start of Activities |
: 08/11/2001 |
|
|
Legal duration |
: 31/12/2050 |
|
|
Nominal Capital |
: 10.000.000 |
|
|
Subscribed Capital |
: 10.000.000 |
|
|
Paid up Capital |
: 10.000.000 |
|
Legal mail : |
FASHIONBOX@LEGALMAIL.IT |
|
|
Family Box S.r.l. |
|
|
Residence: |
Marosticana |
, 6 |
- 36100 |
Vicenza |
(VI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Partner |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Sinigaglia |
Matteo |
|
|
Born in Padova |
(PD) |
on 10/11/1970 |
- Fiscal Code : SNGMTT70S10G224I |
|
|
Residence: |
Santa Rosa |
, 42 |
- 35141 |
Padova |
(PD) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
03/05/2013 |
||
|
Managing Director |
03/05/2013 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Chin |
Lorenzo |
|
|
Born in Treviso |
(TV) |
on 18/11/1963 |
- Fiscal Code : CHNLNZ63S18L407T |
|
|
Residence: |
Tiziano Vecellio |
, 127 |
- 31022 |
Preganziol |
(TV) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
17/05/2006 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Volpi |
Eligio |
|
|
Born in Cremona |
(CR) |
on 23/02/1966 |
- Fiscal Code : VLPLGE66B23D150P |
|
|
Residence: |
Pace |
, 1 |
- 25015 |
Desenzano del Garda |
(BS) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
03/05/2013 |
||
|
Managing Director |
03/05/2013 |
||
|
Assistant board Chairman |
03/05/2013 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Bettarello |
Nadia |
|
|
Born in Vicenza |
(VI) |
on 09/04/1952 |
- Fiscal Code : BTTNDA52D49L840F |
|
|
Residence: |
Verga |
, 8 |
- 31100 |
Treviso |
(TV) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
29/10/2010 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Dametto |
Paola |
|
|
Born in Montebelluna |
(TV) |
on 07/09/1957 |
- Fiscal Code : DMTPLA57P47F443R |
|
|
Residence: |
Della Vittoria |
, 1/18 |
- 31044 |
Montebelluna |
(TV) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
03/05/2013 |
||
|
Board Chairman |
03/05/2013 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Sinigaglia |
Marta |
|
|
Born in Padova |
(PD) |
on 30/09/1977 |
- Fiscal Code : SNGMRT77P70G224G |
|
|
Residence: |
San Gregorio Barbarigo |
, 14 |
- 35141 |
Padova |
(PD) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
03/05/2013 |
|
|
Manzonetto |
Alberto |
|
|
Born in Vicenza |
(VI) |
on 09/02/1975 |
- Fiscal Code : MNZLRT75B09L840O |
|
|
Residence: |
Luigi Anelli |
, 6 |
- 20122 |
Milano |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
03/05/2013 |
|
|
Equibox Holding S.p.a. |
|
|
Residence: |
Via Marcoai |
, 1 |
- 31011 |
Asolo |
(TV) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Partner |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Tugnoli |
Guido Armando |
|
|
Born in Milano |
(MI) |
on 03/07/1964 |
- Fiscal Code : TGNGRM64L03F205P |
|
|
Residence: |
Sandro Sandri |
, 2 |
- 20121 |
Milano |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
03/05/2013 |
|
|
Trevisan |
Federico |
|
|
Born in Padova |
(PD) |
on 27/05/1967 |
- Fiscal Code : TRVFRC67E27G224Y |
|
|
Residence: |
Tirana |
, 50 |
- 35138 |
Padova |
(PD) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
03/05/2013 |
*checkings have been performed on a national scale.
In this module are listed the companies in which members hold or have
holded positions.
|
|
Sinigaglia |
Matteo |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Vanity S.r.l. |
Sant'Angelo di Piove di Sacco (PD) - IT - |
01566390249 |
Managing
Director |
Active |
Registered |
|
Veneto Banca Societa' Cooperativa Per AzIoni |
Montebelluna (TV) - IT - |
00208740266 |
Director |
Withdrawn |
Registered |
|
A. M. 3 S.r.l. |
Milano (MI) - IT - |
06807190969 |
Sole Director |
Active |
Registered |
|
A. M. 3 S.r.l. |
Milano (MI) - IT - |
06807190969 |
Sole partner |
Active |
Registered |
|
Equibox Holding S.p.a. |
Asolo (TV) - IT - |
04339950265 |
Managing
Director |
Withdrawn |
Registered |
|
Equibox Holding S.p.a. |
Asolo (TV) - IT - |
04339950265 |
Director |
Active |
Registered |
|
Equibox Holding S.p.a. |
Asolo (TV) - IT - |
04339950265 |
Board Chairman |
Active |
Registered |
|
Entertainment Box Srl |
Asolo (TV) - IT - |
04685320261 |
Sole Director |
Withdrawn |
Registered |
|
A. M. 4 S.r.l. |
Asolo (TV) - IT - |
04740740263 |
Sole Director |
Active |
Registered |
|
|
Volpi |
Eligio |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
New Mills S.p.a. |
Asolo (TV) - IT - |
02029450240 |
Managing
Director |
Active |
Registered |
|
New Mills S.p.a. |
Asolo (TV) - IT - |
02029450240 |
Director |
Active |
Registered |
|
New Mills S.p.a. |
Asolo (TV) - IT - |
02029450240 |
Assistant board
Chairman |
Active |
Registered |
|
Davide E Luigi Volpi - Societa' Per Azioni |
Casalromano (MN) - IT - |
00136560208 |
Managing
Director |
Active |
Registered |
|
Davide E Luigi Volpi - Societa' Per Azioni |
Casalromano (MN) - IT - |
00136560208 |
Director |
Active |
Registered |
|
Davide E Luigi Volpi - Societa' Per Azioni |
Casalromano (MN) - IT - |
00136560208 |
Board Chairman |
Active |
Registered |
|
One Box Srl |
Asolo (TV) - IT - |
04366010488 |
Managing
Director |
Active |
Registered |
|
One Box Srl |
Asolo (TV) - IT - |
04366010488 |
Director |
Active |
Registered |
|
One Box Srl |
Asolo (TV) - IT - |
04366010488 |
Assistant board
Chairman |
Active |
Registered |
|
Equibox Holding S.p.a. |
Asolo (TV) - IT - |
04339950265 |
Director |
Active |
Registered |
|
Frog International S.r.l. |
Noventa Padovana (PD) - IT - |
03840110286 |
Managing
Director |
Withdrawn |
Registered |
|
Frog International S.r.l. |
Noventa Padovana (PD) - IT - |
03840110286 |
Director |
Withdrawn |
Registered |
|
Fashion Five S.r.l. |
Noventa Padovana (PD) - IT - |
03737160287 |
Director |
Withdrawn |
Registered |
|
Fashion Five S.r.l. |
Noventa Padovana (PD) - IT - |
03737160287 |
Managing
Director |
Withdrawn |
Registered |
|
|
Dametto |
Paola |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Family Box S.r.l. |
Vicenza (VI) - IT - |
04234830158 |
Managing
Director |
Withdrawn |
Registered |
|
Family Box S.r.l. |
Vicenza (VI) - IT - |
04234830158 |
Director |
Active |
Registered |
|
Family Box S.r.l. |
Vicenza (VI) - IT - |
04234830158 |
Board Chairman |
Active |
Registered |
|
Welcome S.s. Di Buziol Silvia E C. |
Montebelluna (TV) - IT - |
02428030262 |
Partner |
Active |
Registered |
|
Union Studio S.r.l. |
Montebelluna (TV) - IT - |
02506160262 |
Sole Director |
Withdrawn |
Registered |
|
Main Box S.p.a. |
Montebelluna (TV) - IT - |
03589020266 |
Managing
Director |
Active |
Registered |
|
Main Box S.p.a. |
Montebelluna (TV) - IT - |
03589020266 |
Director |
Active |
Registered |
|
Main Box S.p.a. |
Montebelluna (TV) - IT - |
03589020266 |
Board Chairman |
Active |
Registered |
|
Beni Lagunari S.r.l. |
Montebelluna (TV) - IT - |
03932660263 |
Managing
Director |
Withdrawn |
Registered |
|
Beni Lagunari S.r.l. |
Montebelluna (TV) - IT - |
03932660263 |
Director |
Withdrawn |
Registered |
|
Beni Lagunari S.r.l. |
Montebelluna (TV) - IT - |
03932660263 |
Board Chairman |
Withdrawn |
Registered |
|
Buziol Investimenti S.p.a. |
Vicenza (VI) - IT - |
03703730246 |
Director |
Active |
Registered |
|
Buziol Investimenti S.p.a. |
Vicenza (VI) - IT - |
03703730246 |
Sole Director |
Withdrawn |
Registered |
|
Buziol Investimenti S.p.a. |
Vicenza (VI) - IT - |
03703730246 |
Sole partner |
Withdrawn |
Registered |
|
Buziol Investimenti S.p.a. |
Vicenza (VI) - IT - |
03703730246 |
Board Chairman |
Active |
Registered |
|
Farm Box Societa' Agricola A Responsabilita' Limitata |
Montebelluna (TV) - IT - |
04528570262 |
Managing
Director |
Active |
Registered |
|
Farm Box Societa' Agricola A Responsabilita' Limitata |
Montebelluna (TV) - IT - |
04528570262 |
Director |
Active |
Registered |
|
Farm Box Societa' Agricola A Responsabilita' Limitata |
Montebelluna (TV) - IT - |
04528570262 |
Board Chairman |
Active |
Registered |
|
Trullo Box S.s. Di Paola Dametto E C. |
Montebelluna (TV) - IT - |
92036600267 |
Partner |
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 |
|
Family Box S.r.l. |
Vicenza - IT - |
04234830158 |
4.900.000 .Eur |
49,00 |
|
Equibox Holding S.p.a. |
Asolo - IT - |
04339950265 |
5.100.000 .Eur |
51,00 |
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 |
|
One Box Srl |
Asolo - IT - |
04366010488 |
50.490 .Eur |
51,00 |
Active |
||
|
Fashion Five S.r.l. |
Noventa Padovana - IT - |
03737160287 |
23.000 .Eur |
100,00 |
Active |
||
|
New Mills S.p.a. |
Asolo - IT - |
02029450240 |
2.580.000 .Eur |
100,00 |
Active |
In order to carry out its activities the firm uses the following
locations:
|
- |
Legal and operative seat |
(Factory) |
|
Marcoai |
, 1 |
- 31011 |
- Asolo |
(TV) |
- IT - |
|
Total Surface: 759 Sq.mt. |
|
PHONE |
: 04239251-9531 |
|
FAX |
: 0423925299 |
|
Legal mail |
: FASHIONBOX@LEGALMAIL.IT |
|
- |
Branch |
(Warehouse) |
since 31/12/2009 |
|
Sacconi |
, 1 |
- 31010 |
- Maser |
(TV) |
- IT - |
|
- |
Branch |
(Warehouse) |
since 31/12/2009 |
|
Mancinelli Luigi |
, 21 |
- 20100 |
- Milano |
(MI) |
- IT - |
|
- |
Branch |
(Sales office) |
since 31/12/2009 |
|
Venezia |
, 7 |
- 20100 |
- Milano |
(MI) |
- IT - |
|
- |
Branch |
(Warehouse) |
since 01/01/2011 |
|
Mancinelli Luigi |
, 21 |
- 20100 |
- Milano |
(MI) |
- IT - |
|
- |
Branch |
(Representative office) |
since 01/12/2011 |
|
Villa Cedri |
, 4 |
- 50100 |
- Firenze |
(FI) |
- IT - |
|
- |
Branch |
(Administrative office) |
since 01/11/2012 |
until 31/10/2012 |
|
Foresto Nuovo |
, 150 |
- 31011 |
- Asolo |
(TV) |
- IT - |
|
- |
Branch |
(Store) |
since 02/04/2013 |
|
Giuseppe Toniolo |
, 14 |
- 31030 |
- Altivole |
(TV) |
- IT - |
|
- |
Branch |
(Store) |
since 02/04/2013 |
|
Galileo Galilei |
, 3/H |
- 31011 |
- Asolo |
(TV) |
- IT - |
|
- |
Branch |
(Shop) |
since 10/10/2014 |
|
Gae Aulenti |
, 4 |
- 20100 |
- Milano |
(MI) |
- IT - |
|
Trading Style: REPLAY FEATURING THE STAGE |
|
Total Surface: 759 Sq.mt. |
|
Employees |
: 399 |
|
Fittings and Equipment for a value of 1.500.000 |
Eur |
|
Stocks for a value of 30.040.000 |
Eur |
Trade organization: direct or by agents.
Sales area on a national scale.
The company sells mainly to retailers and local consumers
Main used terms of sale: cash and within 30 days.
The financial mean used for sales is the issue of cheques.
Purchases are mainly paid with terms of 30/90 days.
Subject company generally settles its engagements by issueing of
cheques and cash orders.
The subject firm uses the following own selling brands:
|
- REPLAY and SONS |
|
- REPLAY |
Traded Brands / Suppliers
|
- REPLAY |
|
- Family Box Spa |
CEASINGS/INCORPORATIONS/MERGES:
|
|
Project of merging by taking over of |
|
Fashion Box
Industries S.p.a. |
|
|
Marcoai |
, 1 |
, 31011 |
, Asolo |
(TV) |
- IT - |
|
|
Fiscal Code: 03161720267 |
|
|
Date |
Merging/splitting-up project: |
23/06/2009 |
|
|
The firm absorbed by merging of |
|
Fashion Box
Industries S.p.a. |
|
|
Marcoai |
, 1 |
, 31011 |
, Asolo |
(TV) |
- IT - |
|
|
Fiscal Code: 03161720267 |
|
|
Date |
: |
19/11/2009 |
|
|
Project of merging by taking over of |
|
New Agency
S.r.l. |
|
|
Marcoai |
, 1 |
, 31011 |
, Asolo |
(TV) |
- IT - |
|
|
Fiscal Code: 02204560268 |
|
|
Date |
Merging/splitting-up project: |
09/06/2010 |
|
|
Resolution of merging of |
|
Fashion Toys Spa |
|
|
Castellana |
, 71 |
, 31039 |
, Riese Pio X |
(TV) |
- IT - |
|
|
Fiscal Code: 03085140261 |
|
|
Date |
: |
21/10/2010 |
|
|
The firm absorbed by merging of |
|
Fashion Toys Spa |
|
|
Castellana |
, 71 |
, 31039 |
, Riese Pio X |
(TV) |
- IT - |
|
|
Fiscal Code: 03085140261 |
|
|
Date |
: |
23/12/2010 |
|
|
Project of merging by taking over of |
|
Union Dealers
S.r.l. |
|
|
Valbona |
, 73 |
, 24010 |
, Ponteranica |
(BG) |
- IT - |
|
|
Fiscal Code: 02116970167 |
|
|
Date |
Merging/splitting-up project: |
01/10/2012 |
|
|
Resolution of merging of |
|
Union Dealers
S.r.l. |
|
|
Valbona |
, 73 |
, 24010 |
, Ponteranica |
(BG) |
- IT - |
|
|
Fiscal Code: 02116970167 |
|
|
Date |
: |
22/11/2012 |
|
|
The firm absorbed by merging of |
|
Union Dealers
S.r.l. |
|
|
Valbona |
, 73 |
, 24010 |
, Ponteranica |
(BG) |
- IT - |
|
|
Fiscal Code: 02116970167 |
|
|
Date |
: |
02/04/2013 |
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.
None reported, standing to the latest received edition of the Official
Publications.
The firm operates with:
|
Bank Name |
Agency Name |
Address |
ZIP Code |
City |
ABI Code |
CAB Code |
|
UNICREDIT BANCA SPA |
ASOLO |
VIA REGINA CORNARO, 220 |
31011 |
Asolo |
2008 |
61481 |
Subject is active since 2001
An eco-fin analysis has been made on the base od the b/s fo the years
2012, 2013 and 2014.
Under the financial profile unstable results are noted. ; in the last
financial year a loss was registered (r.o.e. -20,91%)
A loss is registered as to the operating result (-2,88%).
The amount of the operating loss for 2014 is equal to Eur. -5.631.849.
The gross operating margin of the latest financial year is of Eur.
985.464 showing a downward trend as opposed to the previous year.
Company's financial status is balanced since indebtedness is not high
(1,03) but with an increase as against the previous accounting period.
With regard to equity capital, an amount of Eur. 82.831.656 is
registered. on stable levels.
Total debts recorded amounted to Eur. 107.642.555 (Eur. 19.047.850 of
which were m/l term debts) , showing an upward trend if compared to 2013.
The company does not exceed in bank credits; payments average period is
instead slightly high (122,01 gg.) however still within the sector's average.
Liquidity is good (1,65)
Accounts receivable average term is 26,75 days. , a value lower than the
sector's average.
Cash flow is negative at the end of financial year 2014.
Subordinate employment cost is of Eur. 21.149.642, i.e. 13,22% on total
production costs. , whereas the incidence of such costs on sales revenues is
equal to 14,19%.
Limited financial charges in relation to sales volume.
|
|
Complete balance-sheet for the year |
al 31/12/2014 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
149.010.799 |
|
Profit (Loss) for the period |
-17.319.570 |
|
|
Complete balance-sheet for the year |
al 31/12/2013 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
147.659.001 |
|
Profit (Loss) for the period |
1.731.668 |
|
|
Complete balance-sheet for the year |
al 31/12/2012 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
143.375.977 |
|
Profit (Loss) for the period |
2.833.796 |
|
|
Complete balance-sheet for the year |
al 31/12/2011 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
152.863.625 |
|
Profit (Loss) for the period |
241.218 |
|
|
Complete balance-sheet for the year |
al 31/12/2010 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
147.289.414 |
|
Profit (Loss) for the period |
-3.564.498 |
From our constant monitoring of the relevant Public Administration
offices, no more recent balance sheets result to have been filed.
|
- Balance Sheet as at 31/12/2014 - 12 Mesi - Currency: - Amounts x 1 |
|
- 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 |
|
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|
|
RATIOS |
Value Type |
as at 31/12/2014 |
as at 31/12/2013 |
as at 31/12/2012 |
Sector Average |
|
COMPOSITION ON
INVESTMENT |
|||||
|
Rigidity Ratio |
Units |
0,25 |
0,29 |
0,20 |
0,14 |
|
Elasticity Ratio |
Units |
0,75 |
0,70 |
0,80 |
0,84 |
|
Availability of stock |
Units |
0,15 |
0,15 |
0,17 |
0,24 |
|
Total Liquidity Ratio |
Units |
0,59 |
0,55 |
0,63 |
0,53 |
|
Quick Ratio |
Units |
0,02 |
0,01 |
0,03 |
0,03 |
|
COMPOSITION ON
SOURCE |
|||||
|
Net Short-term indebtedness |
Units |
1,03 |
0,65 |
0,42 |
3,78 |
|
Self Financing Ratio |
Units |
0,42 |
0,54 |
0,64 |
0,17 |
|
Capital protection Ratio |
Units |
1,09 |
0,88 |
0,87 |
0,66 |
|
Liabilities consolidation quotient |
Units |
0,24 |
0,23 |
0,12 |
0,14 |
|
Financing |
Units |
1,30 |
0,80 |
0,51 |
4,55 |
|
Permanent Indebtedness Ratio |
Units |
0,53 |
0,62 |
0,68 |
0,33 |
|
M/L term Debts Ratio |
Units |
0,11 |
0,08 |
0,04 |
0,09 |
|
Net Financial Indebtedness Ratio |
Units |
0,67 |
0,28 |
0,10 |
1,26 |
|
CORRELATION |
|||||
|
Fixed assets ratio |
Units |
2,16 |
2,13 |
3,41 |
1,87 |
|
Current ratio |
Units |
1,65 |
1,92 |
2,63 |
1,17 |
|
Acid Test Ratio-Liquidity Ratio |
Units |
1,31 |
1,51 |
2,07 |
0,79 |
|
Structure's primary quotient |
Units |
1,71 |
1,84 |
3,22 |
1,13 |
|
Treasury's primary quotient |
Units |
0,04 |
0,03 |
0,11 |
0,04 |
|
Rate of indebtedness ( Leverage ) |
% |
236,09 |
184,78 |
155,50 |
587,75 |
|
Current Capital ( net ) |
Value |
57.725.324 |
62.237.001 |
75.760.808 |
209.248 |
|
RETURN |
|||||
|
Return on Sales |
% |
-7,85 |
4,60 |
6,00 |
2,26 |
|
Return on Equity - Net- ( R.O.E. ) |
% |
-20,91 |
1,73 |
2,88 |
3,48 |
|
Return on Equity - Gross - ( R.O.E. ) |
% |
-20,88 |
7,76 |
5,01 |
12,19 |
|
Return on Investment ( R.O.I. ) |
% |
-2,88 |
10,57 |
5,85 |
3,83 |
|
Return/ Sales |
% |
-3,78 |
13,25 |
6,25 |
3,45 |
|
Extra Management revenues/charges incid. |
% |
n.c. |
8,85 |
31,64 |
20,46 |
|
Cash Flow |
Value |
-11.702.257 |
6.797.250 |
8.603.012 |
50.400 |
|
Operating Profit |
Value |
-5.631.849 |
19.567.014 |
8.957.264 |
68.610 |
|
Gross Operating Margin |
Value |
985.464 |
25.382.596 |
14.803.616 |
124.742 |
|
MANAGEMENT |
|||||
|
Credits to clients average term |
Days |
26,75 |
32,41 |
17,98 |
120,68 |
|
Debts to suppliers average term |
Days |
122,01 |
107,44 |
90,63 |
115,81 |
|
Average stock waiting period |
Days |
72,57 |
67,79 |
65,01 |
78,40 |
|
Rate of capital employed return ( Turnover ) |
Units |
0,76 |
0,80 |
0,94 |
1,14 |
|
Rate of stock return |
Units |
4,96 |
5,31 |
5,54 |
4,57 |
|
Labour cost incidence |
% |
14,19 |
13,49 |
11,63 |
12,27 |
|
Net financial revenues/ charges incidence |
% |
-0,19 |
-0,68 |
-1,81 |
-1,84 |
|
Labour cost on purchasing expenses |
% |
13,22 |
12,97 |
11,65 |
12,16 |
|
Short-term financing charges |
% |
0,88 |
5,13 |
5,73 |
3,35 |
|
Capital on hand |
% |
131,24 |
125,33 |
106,74 |
87,41 |
|
Sales pro employee |
Value |
225.773 |
237.393 |
275.193 |
245.343 |
|
Labour cost pro employee |
Value |
32.044 |
32.032 |
32.010 |
32.046 |
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 |
: |
838.732 |
|
Population living in the region |
: |
4.699.950 |
|
Number of families in the region |
: |
1.813.210 |
Monthly family expences average in the region (in Eur..) :
|
- per food products |
: |
456 |
|
- per non food products |
: |
2.052 |
|
- per energy consume |
: |
127 |
The values are calculated on a base of 864 significant companies.
The companies cash their credits on an average of 121 dd.
The average duration of suppliers debts is about 116 dd.
The sector's profitability is on an average of 2,26%.
The labour cost affects the turnover in the measure of 12,27%.
Goods are held in stock in a range of 78 dd.
The difference between the sales volume and the resources used to
realize it is about 1,14.
The employees costs represent the 12,16% of the production costs.
Statistically the trade activity passes through serious crises.
The area is statistically considered lowly risky.
In the region 13.782 protested subjects are found; in the province they
count to 2.280.
The insolvency index for the region is 0,30, , while for the province it
is 0,28.
Total Bankrupt companies in the province : 3.317.
Total Bankrupt companies in the region : 16.714.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.65.79 |
|
|
1 |
Rs.99.95 |
|
Euro |
1 |
Rs.71.55 |
INFORMATION DETAILS
|
Analysis Done by
: |
KIN |
|
|
|
|
Report Prepared
by : |
TPT |
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.