MIRA INFORM REPORT
|
Report No. : |
355259 |
|
Report Date : |
17.12.2015 |
IDENTIFICATION DETAILS
|
Name : |
BIFFI ITALIA S.R.L. |
|
|
|
|
Registered Office : |
Localita Caselle San Pietro, 420 29017 – Fiorenzuola d’Arda (PC) |
|
|
|
|
Country : |
Italy |
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Date of Incorporation : |
03.11.1989 |
|
|
|
|
Legal Form : |
Sole-Member Limited Liability Company |
|
|
|
|
Line of Business : |
Manufacture of other taps and valves Installation of equipment for measuring, controlling, testing, navigating and similars ( including equipment for controlling industrial processes) |
|
|
|
|
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 : |
No Complaints |
|
|
|
|
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 Risk |
A2 |
|
Moderate Low Risk |
B1 |
|
Moderate Risk |
B2 |
|
Moderate High Risk |
C1 |
|
High Risk |
C2 |
|
Very High Risk |
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 & address
BIFFI ITALIA
S.R.L.
|
Localita' |
Caselle San Pietro, |
420 |
|
29017 |
- Fiorenzuola d'Arda |
(PC) |
-IT- |
Summary
|
Fiscal Code |
: |
01018580330 |
|
Legal Form |
: |
Sole-Member Limited Liability Company |
|
start of Activities |
: |
03/11/1989 |
|
Equity |
: |
Over 2.582.254 |
|
Turnover Range |
: |
100.000.000/150.000.000 |
|
Number of Employees |
: |
from 251 to 500 |
Activity
Manufacture of other taps and valves
Installation of equipment for measuring,
controlling, testing, navig
ating and similars ( including equipment for
controlling industrial
processes)
Legal
Data
Legal Form : Sole-Member Limited Liability
Company
|
Fiscal Code : 01018580330 |
|
Foreign Trade Reg. no. : PC002799 since
23/12/1991 |
|
Foreign Trade Reg. no. : 002799 of
Piacenza since 23/12/1991 |
|
Chamber of Commerce no. : 171508 of Lucca |
|
Chamber of Commerce no. : 1635997 of
Milano |
|
Chamber of Commerce no. : 121628 of
Piacenza since 30/11/1989 |
|
Firms' Register : PC032-11345 of Piacenza
since 19/02/1996 |
|
V.A.T. Code : 01018580330 |
|
Tribunal Co. Register : 11345 of since
17/11/1989 |
|
Foundation date |
: 03/11/1989 |
|
|
Establishment date |
: 03/11/1989 |
|
|
Start of Activities |
: 03/11/1989 |
|
|
Legal duration |
: 31/12/2050 |
|
|
Nominal Capital |
: 1.820.000 |
|
|
Subscribed Capital |
: 1.820.000 |
|
|
Paid up Capital |
: 1.820.000 |
|
Legal mail : |
BIFFI@LEGALMAIL.IT |
Members
|
Lucci |
Tiberio |
|
|
Born in Cameri |
(NO) |
on 27/12/1961 |
- Fiscal Code : LCCTBR61T27B473Q |
|
|
Residence: |
Carducci |
, 35/B |
- 28062 |
Cameri |
(NO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
29/07/2014 |
|
|
No Protests
registered |
|
Copelli |
Armando |
|
|
Born in Fiorenzuola d'Arda |
(PC) |
on 02/09/1950 |
- Fiscal Code : CPLRND50P02D611A |
|
|
Residence: |
Risorgimento |
, 6 |
- 29017 |
Fiorenzuola d'Arda |
(PC) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
23/10/2014 |
|
|
No Prejudicial
events are reported |
|
|
No Protests
registered |
|
Macchi |
Paolo |
|
|
Born in Varese |
(VA) |
on 08/03/1961 |
- Fiscal Code : MCCPLA61C08L682T |
|
|
Residence: |
Brughiera |
, 1 |
- 21040 |
Castronno |
(VA) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
23/06/2014 |
||
|
Assistant board Chairman |
23/06/2014 |
||
|
Managing Director |
04/08/2014 |
|
|
No Prejudicial
events are reported |
|
|
No Protests
registered |
|
Bacchetta |
Enrico |
|
|
Born in Cremona |
(CR) |
on 23/12/1956 |
- Fiscal Code : BCCNRC56T23D150D |
|
|
Residence: |
Po |
, 66 |
- 26100 |
Cremona |
(CR) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
23/02/2010 |
|
|
No Prejudicial
events are reported |
|
|
No Protests
registered |
|
Pagani |
Fabrizio |
|
|
Born in Piacenza |
(PC) |
on 01/07/1965 |
- Fiscal Code : PGNFRZ65L01G535W |
|
|
Residence: |
Garibaldi |
, 57 |
- 29017 |
Fiorenzuola d'Arda |
(PC) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
23/02/2010 |
|
|
No Prejudicial
events are reported |
|
|
No Protests
registered |
|
Volpi |
Simone |
|
|
Born in Pontedera |
(PI) |
on 23/01/1966 |
- Fiscal Code : VLPSMN66A23G843K |
|
|
Residence: |
Venezia/forcoli |
, 69 |
- 56036 |
Palaia |
(PI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
17/01/2012 |
|
|
No Protests
registered |
|
Paratore |
Massimiliano |
|
|
Born in Castelnovo Ne' Monti |
(RE) |
on 13/09/1969 |
- Fiscal Code : PRTMSM69P13C219E |
|
|
Residence: |
Gesso |
, 145/2 |
- 40069 |
Zola Predosa |
(BO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
23/02/2010 |
|
|
No Prejudicial
events are reported |
|
|
No Protests
registered |
|
Ronchetti |
Fabio |
|
|
Born in Milano |
(MI) |
on 22/06/1976 |
- Fiscal Code : RNCFBA76H22F205X |
|
|
Residence: |
Gorizia |
, 60 |
- 29017 |
Fiorenzuola d'Arda |
(PC) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
23/02/2010 |
|
|
No Prejudicial
events are reported |
|
|
No Protests
registered |
|
Vincini |
Luigi |
|
|
Born in Fiorenzuola d'Arda |
(PC) |
on 08/06/1974 |
- Fiscal Code : VNCLGU74H08D611U |
|
|
Residence: |
Montale |
, 1 |
- 29018 |
Lugagnano Val d'Arda |
(PC) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
23/02/2010 |
|
|
No Prejudicial
events are reported |
|
|
No Protests
registered |
|
Pasqui |
Massimiliano |
|
|
Born in Firenze |
(FI) |
on 29/06/1970 |
- Fiscal Code : PSQMSM70H29D612O |
|
|
Residence: |
Ferrini |
, 28 |
- 20811 |
Cesano Maderno |
(MB) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
23/10/2014 |
|
|
No Protests
registered |
|
Corbella |
Luigi |
|
|
Born in Saronno |
(VA) |
on 15/11/1967 |
- Fiscal Code : CRBLGU67S15I441H |
|
|
Residence: |
San Solutore |
, 23 |
- 21047 |
Saronno |
(VA) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
25/06/2012 |
|
|
No Protests
registered |
|
Orsolini |
Giovanni Paolo |
|
|
Born in Roma |
(RM) |
on 03/11/1971 |
- Fiscal Code : RSLGNN71S03H501W |
|
|
Residence: |
Maffia |
, 35 |
- 50100 |
Firenze |
(FI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
23/02/2010 |
|
|
No Protests
registered |
|
Toffolo |
Tommaso |
|
|
Born in Barcellona |
( ) |
on 24/07/1975 |
- Fiscal Code : TFFTMS75L24Z131W |
|
|
Residence: |
Avenue Kleber |
, 77 |
Parigi |
- FR - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
23/06/2014 |
||
|
Managing Director |
04/08/2014 |
|
|
No Prejudicial
events are reported |
|
|
No Protests
registered |
|
Pentair Flow
Control Italia S.r.l. |
|
|
: |
Vittor Pisani |
, 20 |
- 20124 |
Milano |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Sole partner |
02/01/2013 |
|
|
No Prejudicial
events are reported |
|
|
No Protests
registered |
|
Guardiani |
Elisa |
|
|
Born in Piacenza |
(PC) |
on 27/04/1983 |
- Fiscal Code : GRDLSE83D67G535X |
|
|
Residence: |
Torrazzo |
, 14 |
- 29019 |
San Giorgio Piacentino |
(PC) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
23/02/2010 |
|
|
No Protests
registered |
|
Girola |
Francesca |
|
|
Born in Milano |
(MI) |
on 26/07/1980 |
- Fiscal Code : GRLFNC80L66F205A |
|
|
Residence: |
Roma |
, 2 |
- 29014 |
Castell'Arquato |
(PC) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
19/05/2015 |
|
|
No Protests
registered |
|
Stevens |
Christopher |
|
|
Born in Lima - Ohio |
( ) |
on 16/08/1967 |
- Fiscal Code : STVCRS67M16Z404M |
|
|
Residence: |
Piacenza |
, SNC |
- 29018 |
Lugagnano Val d'Arda |
(PC) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
23/06/2014 |
||
|
Board Chairman |
23/06/2014 |
|
|
No Prejudicial
events are reported |
|
|
No Protests
registered |
|
Bandini |
Milena |
|
|
Born in Parma |
(PR) |
on 05/06/1982 |
- Fiscal Code : BNDMLN82H45G337H |
|
|
Residence: |
Dei Pascoli |
, 142 |
- 29010 |
Alseno |
(PC) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
23/10/2014 |
|
|
No Protests
registered |
|
Lanzoni |
Daniele |
|
|
Born in Monza |
(MB) |
on 07/10/1979 |
- Fiscal Code : LNZDNL79R07F704A |
|
|
Residence: |
Fraz. Staffoli Via Carlo Marx |
, 3 |
- 56029 |
Santa Croce sull'Arno |
(PI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
23/10/2014 |
|
|
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.
|
Macchi |
Paolo |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Pentair Valves E Controls Italia S.r.l. |
Lugagnano Val d'Arda (PC) - IT - |
01018590339 |
Managing
Director |
Active |
Registered |
|
Pentair Valves E Controls Italia S.r.l. |
Lugagnano Val d'Arda (PC) - IT - |
01018590339 |
Director |
Active |
Registered |
|
Pentair Valves E Controls Italia S.r.l. |
Lugagnano Val d'Arda (PC) - IT - |
01018590339 |
Procurator |
Withdrawn |
Registered |
|
Signal Lux Italia S.r.l. |
Valeggio sul Mincio (VR) - IT - |
00852580158 |
Attorney with
special power |
Withdrawn |
Merged |
|
Pentair Flow Control Italia S.r.l. |
Milano (MI) - IT - |
06730760961 |
Managing
Director |
Active |
Registered |
|
Pentair Flow Control Italia S.r.l. |
Milano (MI) - IT - |
06730760961 |
Director |
Active |
Registered |
|
Toffolo |
Tommaso |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Pentair Valves E Controls Italia S.r.l. |
Lugagnano Val d'Arda (PC) - IT - |
01018590339 |
Director |
Active |
Registered |
|
Pentair Valves E Controls Italia S.r.l. |
Lugagnano Val d'Arda (PC) - IT - |
01018590339 |
Managing
Director |
Active |
Registered |
|
Pentair Water Italy S.r.l. |
Lainate (MI) - IT - |
10567100150 |
Director |
Active |
Registered |
|
Pentair Water Italy S.r.l. |
Lainate (MI) - IT - |
10567100150 |
Board Chairman |
Active |
Registered |
|
Mecair Srl |
Nova Milanese (MB) - IT - |
11422310158 |
Director |
Active |
Registered |
|
Pentair Manufacturing Italy S.r.l. |
Lainate (MI) - IT - |
05337720964 |
Director |
Active |
Registered |
|
Pentair Manufacturing Italy S.r.l. |
Lainate (MI) - IT - |
05337720964 |
Board Chairman |
Active |
Registered |
|
Pentair Flow Control Italia S.r.l. |
Milano (MI) - IT - |
06730760961 |
Director |
Active |
Registered |
|
Pentair Flow
Control Italia S.r.l. |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Pentair Valves E Controls Italia S.r.l. |
Lugagnano Val d'Arda (PC) - IT - |
01018590339 |
Sole partner |
Active |
Registered |
|
Mecair Srl |
Nova Milanese (MB) - IT - |
11422310158 |
Sole partner |
Active |
Registered |
|
Stevens |
Christopher |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Pentair Valves E Controls Italia S.r.l. |
Lugagnano Val d'Arda (PC) - IT - |
01018590339 |
Director |
Active |
Registered |
|
Pentair Valves E Controls Italia S.r.l. |
Lugagnano Val d'Arda (PC) - IT - |
01018590339 |
Board Chairman |
Active |
Registered |
|
Pentair Flow Control Italia S.r.l. |
Milano (MI) - IT - |
06730760961 |
Director |
Active |
Registered |
|
Pentair Flow Control Italia S.r.l. |
Milano (MI) - IT - |
06730760961 |
Board Chairman |
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 |
|
Pentair Flow Control Italia S.r.l. |
Milano - IT - |
06730760961 |
100,00 |
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 |
|
Consorzio Piacenza Energia |
Piacenza - IT - |
01303050338 |
Active |
Firm's
location and structure
In order to carry out its activities the
firm uses the following locations:
|
- |
Legal and
operative seat |
|
Caselle San Pietro |
, 420 |
- 29017 |
- Fiorenzuola d'Arda |
(PC) |
- IT - |
|
PHONE |
: 0523944411 |
|
Legal mail |
: BIFFI@LEGALMAIL.IT |
|
- |
Branch |
(Warehouse) |
since 21/12/2001 |
|
Maiavacca |
, 10 |
- 29017 |
- Fiorenzuola d'Arda |
(PC) |
- IT - |
|
Employees |
: 325 |
|
Fittings and Equipment for a value of
6.940.000 |
Eur |
|
Stocks for a value of 16.750.000 |
Eur |
The firm operates abroad as importer /
exporter..
To purchase foreign products the firm uses
the following channels :
|
- its own agents |
|
- its own foreign branches |
|
- direct orders to foreign companies |
Export represents from 20% to 50% of the
global turnover.
Products abroad are placed by :
|
- its own agents |
|
- its own foreign branches |
|
- direct orders from foreign companies |
Import comes generally from the following
nations:
|
- France |
Export is mainly towards:
|
- France |
|
- Italy |
Historical
Information and/or Firm's Status
CEASINGS/INCORPORATIONS/MERGES:
|
The firm
absorved |
|
|
|
|
, PIACENZA |
- IT - |
|
|
Date |
: |
22/12/1989 |
|
The firm
absorbed by merging of |
|
|
|
|
, PIACENZA |
- IT - |
|
|
Date |
: |
22/12/1989 |
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 1989.
The economic-financial analysis has been made on the base of the b/s of
the latests three years.
During the last years, it achieved profits (r.o.e. 9,63% on 2013) and
during the last financial year an increase in sales volume was registered (more
then 100% in 2013).
The operating result in 2013 was positive (10,7%) and in line with the
sector's average.
The amount of the operating result is equal to Eur. 14.310.347
increasing if compared to the yeart 2012.
The gross operating margin of the latest financial year is of Eur.
18.441.854 showing a more then 100% growth.
The company has an excellent net worth if compared to its debts, with a
low indebtedness (0,39) which is yet rising if compared to 2012.
It's shareholders funds amount to Eur. 96.255.879 on the same levels as
the year before.
Eur. 38.455.614 is the amount of total debts, both commercial and of
different nature, with no important change.
Financial indebdtedness is under control whereas debts to suppliers are
frequent besides being higher than sector's average.
Liquidity is however good.
Due from customers average term is high and equal to 114 days. but on
the same levels as the average of the sector.
As far as the cash flow is concerned during the latest financial year it
amounted to Eur. 12.082.868
In the last financial year labour cost was of Eur. 21.028.833, with a
20,4% incidence on total costs of production. , whereas the incidence of such
costs on sales revenues is equal to 17,76%.
Financial
Data
|
Complete balance-sheet for the year |
al 31/12/2013 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
118.431.273 |
|
Profit (Loss) for the period |
9.264.889 |
|
Complete balance-sheet for the year |
al 31/12/2012 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
27.069.471 |
|
Profit (Loss) for the period |
4.118.191 |
|
Complete balance-sheet for the year |
al 30/09/2011 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
83.401.250 |
|
Profit (Loss) for the period |
3.316.954 |
|
Complete balance-sheet for the year |
al 30/09/2010 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
75.167.649 |
|
Profit (Loss) for the period |
5.929.693 |
|
Complete balance-sheet for the year |
al 30/09/2009 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
86.827.633 |
|
Profit (Loss) for the period |
6.549.092 |
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 30/09/2011 - 12 Mesi - Currency: - Amounts x 1 |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Ratios
|
RATIOS |
Value Type |
as at 31/12/2013 |
as at 31/12/2012 |
as at 30/09/2011 |
Sector Average |
|
COMPOSITION ON
INVESTMENT |
|||||
|
Rigidity Ratio |
Units |
0,09 |
0,07 |
0,08 |
0,26 |
|
Elasticity Ratio |
Units |
0,90 |
0,92 |
0,92 |
0,73 |
|
Availability of stock |
Units |
0,13 |
0,21 |
0,23 |
0,23 |
|
Total Liquidity Ratio |
Units |
0,78 |
0,71 |
0,69 |
0,44 |
|
Quick Ratio |
Units |
0,01 |
0,00 |
0,00 |
0,02 |
|
COMPOSITION ON
SOURCE |
|||||
|
Net Short-term indebtedness |
Units |
0,39 |
0,37 |
0,32 |
1,74 |
|
Self Financing Ratio |
Units |
0,72 |
0,70 |
0,72 |
0,29 |
|
Capital protection Ratio |
Units |
0,79 |
0,89 |
0,89 |
0,64 |
|
Liabilities consolidation quotient |
Units |
0,06 |
0,08 |
0,12 |
0,22 |
|
Financing |
Units |
0,40 |
0,38 |
0,33 |
2,30 |
|
Permanent Indebtedness Ratio |
Units |
0,74 |
0,72 |
0,75 |
0,46 |
|
M/L term Debts Ratio |
Units |
0,02 |
0,02 |
0,03 |
0,11 |
|
Net Financial Indebtedness Ratio |
Units |
0,00 |
0,00 |
0,00 |
0,49 |
|
CORRELATION |
|||||
|
Fixed assets ratio |
Units |
7,80 |
9,68 |
9,61 |
1,63 |
|
Current ratio |
Units |
3,15 |
3,52 |
3,93 |
1,32 |
|
Acid Test Ratio-Liquidity Ratio |
Units |
2,71 |
2,71 |
2,95 |
0,86 |
|
Structure's primary quotient |
Units |
7,62 |
9,39 |
9,25 |
1,05 |
|
Treasury's primary quotient |
Units |
0,03 |
0,00 |
0,01 |
0,04 |
|
Rate of indebtedness ( Leverage ) |
% |
138,98 |
142,40 |
138,65 |
349,01 |
|
Current Capital ( net ) |
Value |
82.602.260 |
84.983.259 |
71.948.288 |
753.266 |
|
RETURN |
|||||
|
Return on Sales |
% |
10,20 |
16,86 |
5,56 |
5,13 |
|
Return on Equity - Net- ( R.O.E. ) |
% |
9,63 |
4,57 |
4,39 |
7,27 |
|
Return on Equity - Gross - ( R.O.E. ) |
% |
14,41 |
6,25 |
7,99 |
15,95 |
|
Return on Investment ( R.O.I. ) |
% |
10,70 |
3,81 |
5,53 |
5,36 |
|
Return/ Sales |
% |
12,08 |
18,06 |
6,95 |
5,57 |
|
Extra Management revenues/charges incid. |
% |
64,74 |
84,24 |
57,22 |
42,11 |
|
Cash Flow |
Value |
12.082.868 |
4.563.340 |
4.635.635 |
344.143 |
|
Operating Profit |
Value |
14.310.347 |
4.888.817 |
5.796.338 |
359.008 |
|
Gross Operating Margin |
Value |
18.441.854 |
5.650.371 |
7.664.725 |
705.726 |
|
MANAGEMENT |
|||||
|
Credits to clients average term |
Days |
114,00 |
461,17 |
116,67 |
101,37 |
|
Debts to suppliers average term |
Days |
158,17 |
451,67 |
98,94 |
115,52 |
|
Average stock waiting period |
Days |
50,93 |
362,84 |
104,03 |
80,62 |
|
Rate of capital employed return ( Turnover
) |
Units |
0,89 |
0,21 |
0,80 |
1,07 |
|
Rate of stock return |
Units |
7,07 |
0,99 |
3,46 |
4,40 |
|
Labour cost incidence |
% |
17,76 |
19,55 |
22,28 |
16,91 |
|
Net financial revenues/ charges incidence |
% |
0,00 |
0,06 |
0,46 |
-1,19 |
|
Labour cost on purchasing expenses |
% |
20,40 |
22,03 |
24,23 |
17,25 |
|
Short-term financing charges |
% |
0,12 |
n.c. |
n.c. |
2,71 |
|
Capital on hand |
% |
112,95 |
474,48 |
125,65 |
93,00 |
|
Sales pro employee |
Value |
180.260 |
164.057 |
143.795 |
223.920 |
|
Labour cost pro employee |
Value |
32.007 |
32.071 |
32.034 |
35.625 |
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 918 significant
companies.
The companies cash their credits on an
average of 101 dd.
The average duration of suppliers debts is
about 116 dd.
The sector's profitability is on an average
of 5,13%.
The labour cost affects the turnover in the
measure of 16,91%.
Goods are held in stock in a range of 81 dd.
The difference between the sales volume and
the resources used to realize it is about 1,07.
The employees costs represent the 17,25% of
the production costs.
Statistical
Detrimental Data
Statistcally the trade activity shows
periods of crisis.
The area is statistically considered lowly
risky.
In the region 18.860 protested subjects are
found; in the province they count to 804.
The insolvency index for the region is 0,46,
, while for the province it is 0,30.
Total Bankrupt companies in the province :
915.
Total Bankrupt companies in the region :
14.698.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.66.85 |
|
|
1 |
Rs.100.58 |
|
Euro |
1 |
Rs.73.16 |
|
EUR |
1 |
Rs. 72.24 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
RSM |
|
|
|
|
Report Prepared
by : |
ASH |
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.