|
Report No. : |
353022 |
|
Report Date : |
11.12.2015 |
IDENTIFICATION DETAILS
|
Name : |
GUM BASE COMPANY - S.P.A. |
|
|
|
|
Registered Office : |
Via Nerviano, 0025 20020 - Lainate (MI) |
|
|
|
|
Country : |
Italy |
|
|
|
|
Financials (as on) : |
31.12.2014 |
|
|
|
|
Date of Incorporation : |
20.12.1967 |
|
|
|
|
Legal Form : |
Joint stock company with sole shareholder |
|
|
|
|
Line of Business : |
Manufacture of cocoa, chocolate, sweets and
confectionery. |
|
|
|
|
No. of Employee : |
From 131 to 150 |
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 |
|
Maximum Credit Limit : |
EUR 250.000 - |
|
|
|
|
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 |
|
GUM BASE COMPANY - S.P.A. |
|
Via Nerviano, 0025 20020 - Lainate (MI) -IT- |
|
Fiscal Code |
: |
00734730153 |
|
Legal Form |
: |
Joint stock company with sole shareholder |
|
start of Activities |
: |
20/12/1967 |
|
Equity |
: |
Over 2.582.254 |
|
Turnover Range |
: |
50.000.000/75.000.000 |
|
Number of Employees |
: |
from 131 to 150 |
|
Group |
: |
GUM BASE |
Manufacture of cocoa, chocolate, sweets and
confectionery
CREDIT LIMIT
|
Credit Opinion |
: |
250.000 - |
Legal Form : Joint stock company with sole
shareholder
|
Fiscal Code : 00734730153 |
|
Foreign Trade Reg. no. : MI000782 since
02/12/1991 |
|
Foreign Trade Reg. no. : 782 of Milano
since 02/12/1991 |
|
Foreign Trade Reg. no. : 000782 of Milano
since 02/12/1991 |
|
Chamber of Commerce no. : 752936 of Milano
since 10/01/1968 |
|
Firms' Register : MI146-134353 of Milano
since 19/02/1996 |
|
V.A.T. Code : 00734730153 |
|
Tribunal Co. Register : 134353 of |
|
Foundation date |
: 20/12/1967 |
|
|
Establishment date |
: 20/12/1967 |
|
|
Start of Activities |
: 20/12/1967 |
|
|
Legal duration |
: 31/12/2050 |
|
|
Nominal Capital |
: 516.000 |
|
|
Subscribed Capital |
: 516.000 |
|
|
Paid up Capital |
: 516.000 |
|
Legal mail : |
GUMBASE@PEC.IT |
|
Perfetti Van Melle S.p.a. |
|
Residence: |
Xxv Aprile |
, 7 |
- 20020 |
Lainate |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Sole partner |
|
No Prejudicial events are reported |
|
No Protests registered |
|
Negri Clementi |
Gianfranco |
|
Born in Roma |
(RM) |
on 12/06/1931 |
- Fiscal Code : NGRGFR31H12H501R |
|
Residence: |
Nerviano |
, 25 |
- 20020 |
Lainate |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
07/05/2015 |
|
Hartmann |
Holger |
|
Born in Hannover |
( ) |
on 01/08/1963 |
- Fiscal Code : HRTHGR63M01Z112Y |
|
Residence: |
Vicolo Di Camar |
, 3 |
- 06926 |
Montagnola |
- CH - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
07/05/2015 |
||
|
Managing Director |
07/05/2015 |
|
No Prejudicial events are reported |
|
No Protests registered |
|
Bose' |
Achille Carlo |
|
Born in Lainate |
(MI) |
on 04/11/1950 |
- Fiscal Code : BSOCLL50S04E415D |
|
Residence: |
Nerviano |
, 25 |
- 20020 |
Lainate |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
07/05/2015 |
||
|
Board Chairman |
07/05/2015 |
|
No Prejudicial events are reported |
|
No Protests registered |
|
Del Viscio |
Giovanna |
|
Born in Milano |
(MI) |
on 22/09/1968 |
- Fiscal Code : DLVGNN68P62F205X |
|
Residence: |
Campania |
, 26/A |
- 20133 |
Milano |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
19/05/2009 |
|
No Prejudicial events are reported |
|
No Protests registered |
|
Ripa |
Roberto |
|
Born in Littleborough |
( ) |
on 27/09/1970 |
- Fiscal Code : RPIRRT70P27Z114E |
|
Residence: |
Nerviano |
, 25 |
- 20020 |
Lainate |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
13/05/2009 |
|
No Prejudicial events are reported |
|
No Protests registered |
|
Di Mento |
Antonio Andrea |
|
Born in Milano |
(MI) |
on 30/05/1971 |
- Fiscal Code : DMNNNN71E30F205J |
|
Residence: |
Nerviano |
, 25 |
- 20020 |
Lainate |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
13/05/2009 |
|
No Prejudicial events are reported |
|
No Protests registered |
|
Fochi |
Gianluca |
|
Born in Luino |
(VA) |
on 18/12/1968 |
- Fiscal Code : FCHGLC68T18E734E |
|
Residence: |
Nerviano |
, 25 |
- 20020 |
Lainate |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
13/05/2009 |
|
No Prejudicial events are reported |
|
No Protests registered |
|
Villa |
Matteo |
|
Born in Lecco |
(CO) |
on 22/08/1964 |
- Fiscal Code : VLLMTT64M22E507S |
|
Residence: |
Nerviano |
, 25 |
- 20020 |
Lainate |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
13/05/2009 |
|
No Prejudicial events are reported |
|
No Protests registered |
|
Moneta |
Monica Angela |
|
Born in Lainate |
(MI) |
on 17/07/1962 |
- Fiscal Code : MNTMCN62L57E415P |
|
Residence: |
Nerviano |
, 25 |
- 20020 |
Lainate |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
13/05/2009 |
|
No Prejudicial events are reported |
|
No Protests registered |
|
Pastori |
Carlo |
|
Born in Rho |
(MI) |
on 23/07/1962 |
- Fiscal Code : PSTCRL62L23H264J |
|
Residence: |
Nerviano |
, 25 |
- 20020 |
Lainate |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
06/05/2014 |
|
No Prejudicial events are reported |
|
No Protests registered |
|
Terrevazzi |
Massimo |
|
Born in Rho |
(MI) |
on 11/05/1962 |
- Fiscal Code : TRRMSM62E11H264Z |
|
Residence: |
Minister Nelissenstraat |
, 2 |
Breda |
- NL - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
07/05/2015 |
|
Allasia |
Fabio Umberto Daniele |
|
Born in Milano |
(MI) |
on 08/01/1968 |
- Fiscal Code : LLSFMB68A08F205N |
|
= |
Residence: |
Nerviano |
, 25 |
- 20020 |
Lainate |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
12/12/2012 |
|
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.
|
Perfetti Van Melle S.p.a. |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
La Giulia Ind. S.p.a. |
Gorizia (GO) - IT - |
00312110315 |
Sole partner |
Active |
Registered |
|
Gelco S.r.l. |
Castellalto (TE) - IT - |
00170860316 |
Partner |
Active |
Registered |
|
Perfetti Van Melle Italia S.r.l. |
Lainate (MI) - IT - |
05023760969 |
Sole partner |
Active |
Registered |
|
Hartmann |
Holger |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
La Giulia Ind. S.p.a. |
Gorizia (GO) - IT - |
00312110315 |
Managing Director |
Active |
Registered |
|
La Giulia Ind. S.p.a. |
Gorizia (GO) - IT - |
00312110315 |
Director |
Active |
Registered |
|
La Giulia Ind. S.p.a. |
Gorizia (GO) - IT - |
00312110315 |
Managing Director |
Withdrawn |
Registered |
|
La Giulia Ind. S.p.a. |
Gorizia (GO) - IT - |
00312110315 |
Board Chairman |
Active |
Registered |
|
Gelco S.r.l. |
Castellalto (TE) - IT - |
00170860316 |
Sole Director |
Active |
Registered |
|
Perfetti Van Melle Italia S.r.l. |
Lainate (MI) - IT - |
05023760969 |
Managing Director |
Active |
Registered |
|
Perfetti Van Melle Italia S.r.l. |
Lainate (MI) - IT - |
05023760969 |
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 |
|
Perfetti Van Melle S.p.a. |
Lainate - IT - |
04219660158 |
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 |
|
SHANGHAI GUMBASE FOOD COMPANY LTD |
Chonggu Town, Qingpu Dist - CN - |
981.437 .Eur |
100,00 |
Active |
|||
|
Energia E Impresa S.p.a. |
Gallarate - IT - |
02458260128 |
4.000.000 .Eur |
1,05 |
Active |
In order to carry out its activities the firm
uses the following locations:
|
- |
Legal and operative seat |
(Factory) |
|
Nerviano |
, 0025 |
- 20020 |
- Lainate |
(MI) |
- IT - |
|
PHONE |
: 02931721 |
|
FAX |
: 0293570533 |
|
Email |
: gumbase@gumbase.com |
|
Legal mail |
: GUMBASE@PEC.IT |
|
Employees |
: 148 |
|
Assistants |
: 1 |
|
Fittings and Equipment for a value of 6.770.000 |
Eur |
|
Stocks for a value of 7.350.000 |
Eur |
Trade organization: direct or by agents.
Sales area on a national scale.
The products distribution is carried out by
distributors.
Transports are mainly done using own vehicles
and third parties ones
The company sells mainly to wholesalers.
To purchase foreign products the firm uses
the following channels :
|
- distributors |
|
- its own sales net-work |
|
- direct orders to foreign companies |
Export represents from 20% to 50% of the
global turnover.
Products abroad are placed by :
|
- importers |
|
- its own sales net-work |
|
- its own agents |
|
- direct orders from foreign companies |
Subject generally proposes terms of sale between
30 and 60 days.
Financial means used for sale: bank transfers
and bank orders.
Purchases are mainly paid with terms of 30/90
days.
Main used payment modalities are by cash
orders and bank transfers.
Import comes generally from the following
nations:
|
- Austria |
|
- Belgium |
|
- Italy |
|
- |
Export is mainly towards:
|
- Gabon |
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.
The firm operates with:
|
Bank Name |
Agency Name |
Address |
ZIP Code |
City |
ABI Code |
CAB Code |
|
BANCA INTESASANPAOLO S.P.A. |
CARIPLO - LAINATE |
VIA RE UMBERTO I, 17 |
20020 |
Lainate (MI) |
3069 |
33220 |
The company is active since 1967
An eco-fin analysis has been made on the base
od the b/s fo the years 2012, 2013 and 2014.
During the last years, it achieved profits
(r.o.e. 0,39% on 2014) with a stable trend in the turnover.
The operating result in 2014 was positive
(4,3%) falling within the field's average.
An operating result of Eur. 2.886.589 has
been registered. ,showing stability in respect to the value of 2013.
The G.O.M. amounted to Eur. 5.801.474 ,
stable if compared to the year before.
Indebtedness is scanty since debts are lower
than liquidity.
With regard to equity capital, an amount of
Eur. 54.818.950 is registered. , stable in comparison with the value of the
previous year.
Eur. 8.894.045 is the amount of total debts,
both commercial and of different nature, , a more or less stable value.
Bank and suppliers credit recourse is
limited, 57,49 gg. is payment average period which is also lower than the
sector average.
The management determines a good range of
liquidity.
Trade credits average terms are 26,45 days. ,
shorter than the sector's average.
During financial year 2014 the cash flow
amounted to Eur. 3.126.232
During 2014 financial year labour costs
amounted to Eur. 8.718.385, with a 13,61% incidence on production costs. , with
a 12,97% incidence on turnover.
The financial management is marked by a high
incidence of financial charges in relation to sales revenues (-3,65%).
|
Complete balance-sheet for the year |
al 31/12/2014 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
67.210.280 |
|
Profit (Loss) for the period |
211.347 |
|
Complete balance-sheet for the year |
al 31/12/2013 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
67.715.133 |
|
Profit (Loss) for the period |
1.446.558 |
|
Complete balance-sheet for the year |
al 31/12/2012 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
75.456.378 |
|
Profit (Loss) for the period |
5.684.817 |
|
Complete balance-sheet for the year |
al 31/12/2011 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
80.114.748 |
|
Profit (Loss) for the period |
2.164.645 |
|
Complete balance-sheet for the year |
al 31/12/2010 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
65.834.784 |
|
Profit (Loss) for the period |
6.789.517 |
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 |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
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 |
0,17 |
0,24 |
0,27 |
0,36 |
|
Elasticity Ratio |
Units |
0,83 |
0,76 |
0,73 |
0,58 |
|
Availability of stock |
Units |
0,11 |
0,11 |
0,14 |
0,12 |
|
Total Liquidity Ratio |
Units |
0,72 |
0,65 |
0,59 |
0,42 |
|
Quick Ratio |
Units |
0,44 |
0,39 |
0,26 |
0,01 |
|
COMPOSITION ON SOURCE |
|||||
|
Net Short-term indebtedness |
Units |
n.c. |
n.c. |
n.c. |
2,08 |
|
Self Financing Ratio |
Units |
0,82 |
0,80 |
0,81 |
0,22 |
|
Capital protection Ratio |
Units |
0,99 |
0,96 |
0,88 |
0,66 |
|
Liabilities consolidation quotient |
Units |
0,21 |
0,19 |
0,22 |
0,27 |
|
Financing |
Units |
0,16 |
0,19 |
0,17 |
3,08 |
|
Permanent Indebtedness Ratio |
Units |
0,84 |
0,83 |
0,84 |
0,46 |
|
M/L term Debts Ratio |
Units |
0,03 |
0,03 |
0,03 |
0,12 |
|
Net Financial Indebtedness Ratio |
Units |
0,00 |
0,00 |
0,00 |
0,69 |
|
CORRELATION |
|||||
|
Fixed assets ratio |
Units |
5,08 |
3,46 |
3,15 |
1,16 |
|
Current ratio |
Units |
6,29 |
5,12 |
5,36 |
1,14 |
|
Acid Test Ratio-Liquidity Ratio |
Units |
5,46 |
4,35 |
4,32 |
0,86 |
|
Structure's primary quotient |
Units |
4,92 |
3,34 |
3,04 |
0,68 |
|
Treasury's primary quotient |
Units |
3,32 |
2,61 |
1,87 |
0,02 |
|
Rate of indebtedness ( Leverage ) |
% |
122,56 |
125,23 |
123,95 |
438,55 |
|
Current Capital ( net ) |
Value |
47.035.635 |
41.784.605 |
39.244.862 |
177.800 |
|
RETURN |
|||||
|
Return on Sales |
% |
4,65 |
6,90 |
11,87 |
4,57 |
|
Return on Equity - Net- ( R.O.E. ) |
% |
0,39 |
2,65 |
10,69 |
4,28 |
|
Return on Equity - Gross - ( R.O.E. ) |
% |
0,82 |
4,04 |
15,93 |
11,42 |
|
Return on Investment ( R.O.I. ) |
% |
4,30 |
4,21 |
8,03 |
3,74 |
|
Return/ Sales |
% |
4,29 |
4,25 |
7,01 |
3,72 |
|
Extra Management revenues/charges incid. |
% |
7,32 |
50,26 |
107,48 |
25,24 |
|
Cash Flow |
Value |
3.126.232 |
4.671.240 |
8.956.513 |
140.498 |
|
Operating Profit |
Value |
2.886.589 |
2.877.940 |
5.288.997 |
117.422 |
|
Gross Operating Margin |
Value |
5.801.474 |
6.102.622 |
8.560.693 |
261.449 |
|
MANAGEMENT |
|||||
|
Credits to clients average term |
Days |
26,45 |
24,74 |
27,48 |
110,74 |
|
Debts to suppliers average term |
Days |
57,49 |
66,04 |
52,32 |
117,18 |
|
Average stock waiting period |
Days |
39,35 |
41,51 |
44,73 |
43,75 |
|
Rate of capital employed return ( Turnover
) |
Units |
1,00 |
0,99 |
1,15 |
0,99 |
|
Rate of stock return |
Units |
9,15 |
8,67 |
8,05 |
8,23 |
|
Labour cost incidence |
% |
12,97 |
13,12 |
11,18 |
15,09 |
|
Net financial revenues/ charges incidence |
% |
-3,65 |
-1,04 |
1,67 |
-1,50 |
|
Labour cost on purchasing expenses |
% |
13,61 |
13,71 |
12,19 |
14,79 |
|
Short-term financing charges |
% |
28,23 |
7,38 |
n.c. |
2,72 |
|
Capital on hand |
% |
99,96 |
100,99 |
87,32 |
100,97 |
|
Sales pro employee |
Value |
247.096 |
244.458 |
286.906 |
231.895 |
|
Labour cost pro employee |
Value |
32.052 |
32.070 |
32.078 |
32.825 |
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 |
: |
3.839.216 |
|
Population living in the region |
: |
9.393.092 |
|
Number of families in the region |
: |
3.858.736 |
Monthly family expences average in the region
(in Eur..) :
|
- per food products |
: |
460 |
|
- per non food products |
: |
2.090 |
|
- per energy consume |
: |
114 |
The values are calculated on a base of 335
significant companies.
The companies cash their credits on an
average of 111 dd.
The average duration of suppliers debts is
about 117 dd.
The sector's profitability is on an average
of 4,57%.
The labour cost affects the turnover in the
measure of 15,09%.
Goods are held in stock in a range of 44 dd.
The difference between the sales volume and
the resources used to realize it is about 0,99.
The employees costs represent the 14,79% of
the production costs.
Statistcally the trade activity shows periods
of crisis.
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.66.79 |
|
|
1 |
Rs.101.37 |
|
Euro |
1 |
Rs.73.46 |
|
EUR |
1 |
Rs.73.05 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
KIN |
|
|
|
|
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.