|
Report No. : |
301774 |
|
Report Date : |
07.01.2015 |
IDENTIFICATION DETAILS
|
Name : |
TESSITURA MONTI S.P.A. |
|
|
|
|
Registered Office : |
Via Saltore, Varago, 31052 - Maserada Sul Piave (TV) -IT- |
|
|
|
|
Country : |
Italy |
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Date of Incorporation : |
12.06.1980 |
|
|
|
|
Legal Form : |
Joint Stock Company With Sole Shareholder |
|
|
|
|
Line of Business : |
Manufacture of Textiles |
|
|
|
|
No. of Employee : |
From 251 to 500 |
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 – September 30, 2014
|
Country Name |
Previous Rating (30.06.2014) |
Current Rating (30.09.2014) |
|
Italy |
A2 |
A2 |
|
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
industrial 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 133% of GDP in 2013, 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 widespread tax evasion. In 2013
economic growth and labor market conditions deteriorated, with growth at -1.8%
and unemployment rising to 12.4%, with youth unemployment around 40%. Italy's
GDP is now 8% below its 2007 pre-crisis level.
|
Source
: CIA |
TESSITURA MONTI S.P.A.
Via Saltore, Varago
31052 - Maserada sul Piave (TV) -IT-
|
Fiscal Code |
: |
01141930261 |
|
Legal Form |
: |
Joint stock company with sole shareholder |
|
start of Activities |
: |
12/06/1980 |
|
Equity |
: |
Over 2.582.254 |
|
Turnover Range |
: |
75.000.000/100.000.000 |
|
Number of Employees |
: |
from 251 to 500 |
Manufacture of Textiles
Legal Form : Joint stock company with sole shareholder
|
Fiscal Code : 01141930261 |
|
Foreign Trade Reg. no. : TV012633 since 19/12/1991 |
|
Chamber of Commerce no. : 142825 of Treviso since 25/07/1980 |
|
Firms' Register : TV086-12309 of Treviso since 19/02/1996 |
|
V.A.T. Code : 01141930261 |
|
Foundation date |
: 12/06/1980 |
|
|
Establishment date |
: 12/06/1980 |
|
|
Start of Activities |
: 12/06/1980 |
|
|
Legal duration |
: 31/12/2030 |
|
|
Nominal Capital |
: 6.000.000 |
|
|
Subscribed Capital |
: 6.000.000 |
|
|
Paid up Capital |
: 6.000.000 |
|
|
Monti |
Bruno |
|
|
Born in Treviso |
(TV) |
on 31/01/1957 |
- Fiscal Code : MNTBRN57A31L407Y |
|
|
Residence: |
Saltore |
, 1 |
- 31010 |
Maserada sul Piave |
(TV) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
02/07/2013 |
|
|
Monti |
Giovanni |
|
|
Born in Maserada sul Piave |
(TV) |
on 02/12/1946 |
- Fiscal Code : MNTGNN46T02F012A |
|
|
Residence: |
Marconi Guglielmo |
, 4 |
- 31052 |
Maserada sul Piave |
(TV) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
02/07/2013 |
||
|
Board Chairman |
02/07/2013 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Monti |
Paolo |
|
|
Born in Maserada sul Piave |
(TV) |
on 28/06/1953 |
- Fiscal Code : MNTPLA53H28F012A |
|
|
Residence: |
Trevisana |
, 7 |
- 31052 |
Maserada sul Piave |
(TV) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
02/07/2013 |
|
|
Monti |
Manuel |
|
|
Born in Carbonera |
(TV) |
on 02/09/1950 |
- Fiscal Code : MNTMNL50P02B744K |
|
|
Residence: |
Pezie' |
, 116 |
- 32043 |
Cortina d'Ampezzo |
(BL) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
02/07/2013 |
|
|
Monti |
Massimo |
|
|
Born in Treviso |
(TV) |
on 05/03/1964 |
- Fiscal Code : MNTMSM64C05L407Z |
|
|
Residence: |
Pietro Maffetti |
, 12 |
- 31100 |
Treviso |
(TV) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
02/07/2013 |
|
|
Gruppo Tessile Monti S.p.a. |
|
|
Residence: |
Saltore |
, 10 |
- 31052 |
Maserada sul Piave |
(TV) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Sole partner |
24/06/2010 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Belenghi |
Luca |
|
|
Born in Milano |
(MI) |
on 23/11/1960 |
- Fiscal Code : BLNLCU60S23F205W |
|
|
Residence: |
Federico Ozanam |
, 15 |
- 20129 |
Milano |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
02/07/2013 |
||
|
Managing Director |
02/07/2013 |
||
|
General Director |
02/07/2013 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Marian |
Ivo |
|
|
Born in Cessalto |
(TV) |
on 30/01/1958 |
- Fiscal Code : MRNVIO58A30C580D |
|
|
Residence: |
G. Bortolazzi |
, 61/2 |
- 30027 |
San Dona' di Piave |
(VE) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
07/02/2011 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Cracco |
Paolo |
|
|
Born in Valdagno |
(VI) |
on 12/04/1968 |
- Fiscal Code : CRCPLA68D12L551H |
|
|
Residence: |
Europa |
, 15/6 |
- 31052 |
Maserada sul Piave |
(TV) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
07/02/2011 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Falcon |
Fabrizio |
|
|
Born in Scorze' |
(VE) |
on 21/09/1961 |
- Fiscal Code : FLCFRZ61P21I551K |
|
|
Residence: |
Degli Alpini |
, 4/1 |
- 31030 |
Breda di Piave |
(TV) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
07/02/2011 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Gruppo Tessile Monti S.p.a. |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Partner |
|
|
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.
|
|
Monti |
Giovanni |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Societa' A Responsabilita' Limitata PerL Industria Ed Il Commercio
Tessile S.i. |
Masate (MI) - IT - |
00861380152 |
Director |
Active |
Registered |
|
Filatura Monti S.p.a. |
Montebelluna (TV) - IT - |
01141920262 |
Director |
Withdrawn |
Ceased |
|
Filatura Monti S.p.a. |
Montebelluna (TV) - IT - |
01141920262 |
Managing
Director |
Withdrawn |
Ceased |
|
Gruppo Tessile Monti S.p.a. |
Maserada sul Piave (TV) - IT - |
00192050268 |
Director |
Withdrawn |
Registered |
|
Gruppo Tessile Monti S.p.a. |
Maserada sul Piave (TV) - IT - |
00192050268 |
Director |
Withdrawn |
Registered |
|
Gruppo Monti S.p.a. |
Maserada sul Piave (TV) - IT - |
01218060265 |
Director |
Withdrawn |
Registered |
|
Centro Lino Italiano Consorzio Promozionale Prodotti Di Lino |
Milano (MI) - IT - |
11085400155 |
Baord of
Directors' member |
Withdrawn |
Registered |
|
Immobiliare Gruppo Monti S.r.l. |
Maserada sul Piave (TV) - IT - |
04024610265 |
Director |
Withdrawn |
Registered |
|
Fratelli Monti Tenuta Agricola E VallivaGrassabo' |
Iesolo (VE) - IT - |
00286880273 |
Partner |
Withdrawn |
Ceased |
|
LAVAREDO S.N.C. DI GIANNI MONTI E C. |
Treviso (TV) - IT - |
01675850265 |
Partner |
Withdrawn |
Registered |
|
Immobiliare Tessitura Monti S.r.l. |
Maserada sul Piave (TV) - IT - |
03869340269 |
Director |
Withdrawn |
Ceased |
|
Textile Trading Company S.r.l. |
Treviso (TV) - IT - |
04561370265 |
Director |
Active |
Registered |
|
|
Belenghi |
Luca |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Societa' A Responsabilita' Limitata PerL Industria Ed Il Commercio
Tessile S.i. |
Masate (MI) - IT - |
00861380152 |
Managing
Director |
Active |
Registered |
|
Societa' A Responsabilita' Limitata PerL Industria Ed Il Commercio
Tessile S.i. |
Masate (MI) - IT - |
00861380152 |
Director |
Active |
Registered |
|
Gruppo Tessile Monti S.p.a. |
Maserada sul Piave (TV) - IT - |
00192050268 |
Managing
Director |
Active |
Registered |
|
Gruppo Tessile Monti S.p.a. |
Maserada sul Piave (TV) - IT - |
00192050268 |
Director |
Active |
Registered |
|
Mantero Seta Spa |
Como (CO) - IT - |
02387120138 |
Director |
Withdrawn |
Registered |
|
Nautor Holding S.r.l. |
Firenze (FI) - IT - |
04886740481 |
Director |
Active |
Registered |
|
Marina Management S.r.l. |
Scarlino (GR) - IT - |
05434950480 |
Director |
Withdrawn |
Registered |
|
Marina Management S.r.l. |
Scarlino (GR) - IT - |
05434950480 |
Board Chairman |
Withdrawn |
Registered |
|
Pisa Superyachts - Societa' A Responsabilita' Limitata |
Firenze (FI) - IT - |
05686130484 |
Director |
Active |
Registered |
|
Harbour S.r.l. |
Firenze (FI) - IT - |
05799560486 |
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 |
|
Gruppo Tessile Monti S.p.a. |
Maserada sul Piave - IT - |
00192050268 |
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 |
|
Immobiliare Grassabo' S.r.l. |
Maserada sul Piave - IT - |
00641930276 |
9.988.000 .Eur |
49,94 |
Active |
||
|
Consorzio A Due S.C.R.L. |
11496300150 |
4.000.000 .Eur |
20,00 |
Active |
Firm's location and structure
In order to carry out its activities the firm uses the following locations:
|
- |
Legal and operative seat |
(Factory) |
since 01/01/1980 |
|
Saltore |
, Loc: VARAGO |
- 31052 |
- Maserada sul Piave |
(TV) |
- IT - |
|
Total Surface: 158 Sq.mt. |
|
PHONE |
: 0422877250 |
|
Employees |
: 321 |
|
Fittings and Equipment for a value of 3.470.000 |
Eur |
|
Stocks for a value of 24.440.000 |
Eur |
|
Furniture and fittings for a value of 1.200.000 |
Eur |
|
Vehicles for a value of 560.000 |
Eur |
Historical Information and/or Firm's Status
EX-MEMBERS / EX-POSITIONS:
|
|
Carrarini |
Franco |
|
|
Born in Verona |
(VR) |
on 30/06/1946 |
- Fiscal Code : CRRFNC46H30L781Z |
|
|
Residence: |
Nino Bixio |
, 27 |
- 37100 |
Verona |
(VR) |
- IT - |
|
Ex-Postions |
|
Director |
|
|
Monti |
Ramiro |
|
|
Born in Maserada sul Piave |
(TV) |
on 22/11/1919 |
- Fiscal Code : MNTRMR19S22F012H |
|
|
Residence: |
Saltore |
- 31052 |
Maserada sul Piave |
(TV) |
- IT - |
|
Ex-Postions |
|
Director |
|
Managing Director |
|
|
Monti |
Giorgio |
|
|
Born in Maserada sul Piave |
(TV) |
on 30/01/1923 |
- Fiscal Code : MNTGRG23A30F012M |
|
|
Residence: |
F. Filzi |
, 16 |
- 31100 |
Treviso |
(TV) |
- IT - |
|
Ex-Postions |
|
Director |
|
Managing Director |
|
Board Chairman |
|
|
Monti |
Sergio |
|
|
Born in MASERADA SUL PIAVE |
(TV) |
on 02/08/1927 |
- Fiscal Code : MNTSRG27P02F012F |
|
|
Residence: |
SALTORE |
, 1 |
- 31052 |
Maserada sul Piave |
(TV) |
- IT - |
|
Ex-Postions |
|
Director |
|
Managing Director |
|
Board Chairman |
|
|
Monti |
Ruggero |
|
|
Born in Maserada sul Piave |
(TV) |
on 23/11/1921 |
- Fiscal Code : MNTRGR21S23F012D |
|
|
Residence: |
Antonio Caccianiga |
, 2 |
- 31030 |
Carbonera |
(TV) |
- IT - |
|
Ex-Postions |
|
Director |
|
Managing Director |
|
|
Monti |
Bruno |
|
|
Born in Treviso |
(TV) |
on 31/01/1957 |
- Fiscal Code : MNTBRN57A31L407Y |
|
|
Residence: |
Saltore |
, 1 |
- 31010 |
Maserada sul Piave |
(TV) |
- IT - |
|
Ex-Postions |
|
Managing Director |
|
|
Tomasi |
Marcello |
|
|
Born in Follina |
(TV) |
on 21/04/1943 |
- Fiscal Code : TMSMCL43D21L058T |
|
|
Residence: |
Cros |
, 2 |
- 31051 |
Follina |
(TV) |
- IT - |
|
Ex-Postions |
|
Director |
|
Managing Director |
|
|
Monti |
Giovanni |
|
|
Born in Maserada sul Piave |
(TV) |
on 02/12/1946 |
- Fiscal Code : MNTGNN46T02F012A |
|
|
Residence: |
Marconi Guglielmo |
, 4 |
- 31052 |
Maserada sul Piave |
(TV) |
- IT - |
|
Ex-Postions |
|
Managing Director |
|
|
Monti |
Paolo |
|
|
Born in Maserada sul Piave |
(TV) |
on 28/06/1953 |
- Fiscal Code : MNTPLA53H28F012A |
|
|
Residence: |
Trevisana |
, 7 |
- 31052 |
Maserada sul Piave |
(TV) |
- IT - |
|
Ex-Postions |
|
Managing Director |
|
|
Monti |
Manuel |
|
|
Born in Carbonera |
(TV) |
on 02/09/1950 |
- Fiscal Code : MNTMNL50P02B744K |
|
|
Residence: |
Pezie' |
, 116 |
- 32043 |
Cortina d'Ampezzo |
(BL) |
- IT - |
|
Ex-Postions |
|
Managing Director |
|
|
Monti |
Massimo |
|
|
Born in Treviso |
(TV) |
on 05/03/1964 |
- Fiscal Code : MNTMSM64C05L407Z |
|
|
Residence: |
Pietro Maffetti |
, 12 |
- 31100 |
Treviso |
(TV) |
- IT - |
|
Ex-Postions |
|
Managing Director |
|
|
Stevenson |
Guy |
|
|
Born in Venezia |
(VE) |
on 08/06/1951 |
- Fiscal Code : STVGYU51H08L736F |
|
|
Residence: |
Saltore |
, 1 |
- 31052 |
Maserada sul Piave |
(TV) |
- IT - |
|
Ex-Postions |
|
Director |
|
Managing Director |
|
|
Babuin |
Andrea |
|
|
Born in Pordenone |
(PN) |
on 14/06/1963 |
- Fiscal Code : BBNNDR63H14G888Z |
|
|
Residence: |
San Valentino |
, 19 |
- 33170 |
Pordenone |
(PN) |
- IT - |
|
Ex-Postions |
|
Permanent Auditor |
|
|
Saccardi |
Giuliano |
|
|
Born in Treviso |
(TV) |
on 29/06/1942 |
- Fiscal Code : SCCGLN42H29L407A |
|
|
Residence: |
Indipendenza |
, 5 |
- 31100 |
Treviso |
(TV) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
|
Mattarollo |
Antonio |
|
|
Born in Treviso |
(TV) |
on 11/04/1955 |
- Fiscal Code : MTTNTN55D11L407Y |
|
|
Residence: |
Iv Novembre |
, 15 |
- 31100 |
Treviso |
(TV) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
|
Toso |
Mario |
|
|
Born in Venezia |
(VE) |
on 21/10/1955 |
- Fiscal Code : TSOMRA55R21L736H |
|
|
Residence: |
Fratelli Cairoli |
, 15 |
- 31100 |
Treviso |
(TV) |
- IT - |
|
Ex-Postions |
|
Permanent Auditor |
|
|
Stevenson |
Guy Bruno |
|
|
Born in Venezia |
(VE) |
on 08/06/1951 |
- Fiscal Code : STVGBR51H08L736E |
|
|
Residence: |
Saltore |
, 1 |
- 31052 |
Maserada sul Piave |
(TV) |
- IT - |
|
Ex-Postions |
|
Director |
|
|
Gruppo Tessile Monti S.p.a. |
|
- Fiscal Code : 00192050268 |
|
Ex-Postions |
|
Partner |
|
|
De Poi |
Paolo |
|
|
Born in Vittorio Veneto |
(TV) |
on 14/11/1960 |
- Fiscal Code : DPEPLA60S14M089Z |
|
|
Residence: |
Aldo Moro |
, 6 |
- 31050 |
Villorba |
(TV) |
- IT - |
|
Ex-Postions |
|
Permanent Auditor |
|
|
Martucci |
Giovanni |
|
|
Born in Padova |
(PD) |
on 29/08/1949 |
- Fiscal Code : MRTGNN49M29G224N |
|
|
Residence: |
Collalto |
, 4 |
- 31100 |
Treviso |
(TV) |
- IT - |
|
Ex-Postions |
|
Chairman of the Board of Aud. |
|
|
Monti |
Ruggero |
|
|
Born in MASERADA SUL PIAVE |
(TV) |
on 23/11/1921 |
- Fiscal Code : MNTRGR21S23F012D |
|
|
Residence: |
ANTONIO CACCIANIGA |
, 2 |
- 31030 |
Carbonera |
(TV) |
- IT - |
|
Ex-Postions |
|
Board Chairman |
|
Managing Director |
|
Director |
CEASINGS/INCORPORATIONS/MERGES:
|
|
Splitting-up project and setting-up of new co |
|
|
Date |
Merging/Splitting-up Project-New Company: |
22/09/2003 |
|
|
Splitting-up and setting-up of a new company |
|
IMMOBILIARE
TESSITURA MONTI S.R.L. |
|
|
, Maserada Sul Piave Fraz.varago |
(TV) |
- IT - |
|
|
Date |
Splitting-up: |
09/02/2004 |
|
|
Project of merging by taking over of |
|
Immobiliare
Tessitura Monti S.r.l. |
|
|
Saltore |
, 10 |
, 31052 |
, Maserada sul Piave |
(TV) |
- IT - |
|
|
Fiscal Code: 03869340269 |
|
|
Date |
Merging/splitting-up project: |
25/08/2008 |
|
|
The firm absorbed by merging of |
|
Immobiliare
Tessitura Monti S.r.l. |
|
|
Saltore |
, 10 |
, 31052 |
, Maserada sul Piave |
(TV) |
- IT - |
|
|
Fiscal Code: 03869340269 |
|
|
Date |
: |
29/09/2008 |
|
|
Resolution of merging of |
|
Immobiliare
Tessitura Monti S.r.l. |
|
|
Saltore |
, 10 |
, 31052 |
, Maserada sul Piave |
(TV) |
- IT - |
|
|
Fiscal Code: 03869340269 |
|
|
Date |
: |
29/09/2008 |
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 1980.
Balance sheets for the years 2011, 2012 and 2013 were analyzed.
During the last years the subject suffered net losses and in 2013 r.o.e.
is -80,54%.
The operating result is negative.
The amount of the operating loss for 2013 is equal to Eur. -1.521.758.
The GOM is negative and amounts to Eur. -426.379.
Short-term debts volume if compared to net worth, as it comes out from
the total indebtedness (13) which tends downward.
It's shareholders funds amount to Eur. 4.127.938 , increasing by 129,6%
if compared to the financial year 2012.
Total indebtedness was equal to Eur. 58.519.900 (Eur. 4.276.681 was the
value of m/l term debts) showing a stable trend as opposed to 2012 (Eur.
63.414.029).
If compared to the net worth, debts towards banks are remarkably high
while the recourse to commercial credit is modest which turns out to be lined
up with the sector.
The management determines a good range of liquidity.
Accounts receivable average term is high (92,74 days). but on the same
levels as the average of the sector.
Cash flow is negative at the end of financial year 2013.
Subordinate employment cost is of Eur. 11.479.644, i.e. 15% on total
production costs. , whereas the incidence of such costs on sales revenues is
equal to 15,29%.
Limited financial charges in relation to sales volume.
|
|
Complete balance-sheet for the year |
al 31/12/2013 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
75.059.247 |
|
Profit (Loss) for the period |
-3.324.839 |
|
|
Complete balance-sheet for the year |
al 31/12/2012 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
78.762.437 |
|
Profit (Loss) for the period |
-3.073.660 |
|
|
Complete balance-sheet for the year |
al 31/12/2011 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
84.017.757 |
|
Profit (Loss) for the period |
-3.272.481 |
|
|
Complete balance-sheet for the year |
al 31/12/2010 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
79.351.224 |
|
Profit (Loss) for the period |
-4.894.721 |
|
|
Complete balance-sheet for the year |
al 31/12/2009 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
70.034.890 |
|
Profit (Loss) for the period |
-10.051.852 |
From our constant monitoring of the relevant Public Administration
offices, no more recent balance sheets result to have been filed.
|
- Balance Sheet as at 31/12/2013 - 12 Mesi - Currency: - Amounts x 1 |
|
- Balance Sheet as at 31/12/2012 - 12 Mesi - Currency: - Amounts x 1 |
|
- Balance Sheet as at 31/12/2011 - 12 Mesi - Currency: - Amounts x 1 |
|
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|
|
RATIOS |
Value Type |
as at 31/12/2013 |
as at 31/12/2012 |
as at 31/12/2011 |
Sector Average |
|
COMPOSITION ON
INVESTMENT |
|||||
|
Rigidity Ratio |
Units |
0,16 |
0,10 |
0,13 |
0,29 |
|
Elasticity Ratio |
Units |
0,83 |
0,90 |
0,87 |
0,70 |
|
Availability of stock |
Units |
0,35 |
0,36 |
0,37 |
0,26 |
|
Total Liquidity Ratio |
Units |
0,48 |
0,54 |
0,50 |
0,39 |
|
Quick Ratio |
Units |
0,01 |
0,01 |
0,01 |
0,01 |
|
COMPOSITION ON
SOURCE |
|||||
|
Net Short-term indebtedness |
Units |
13,00 |
31,99 |
14,83 |
1,69 |
|
Self Financing Ratio |
Units |
0,06 |
0,03 |
0,05 |
0,29 |
|
Capital protection Ratio |
Units |
0,35 |
-0,63 |
0,34 |
0,71 |
|
Liabilities consolidation quotient |
Units |
0,17 |
0,17 |
0,16 |
0,26 |
|
Financing |
Units |
14,18 |
35,27 |
15,72 |
2,12 |
|
Permanent Indebtedness Ratio |
Units |
0,20 |
0,17 |
0,18 |
0,45 |
|
M/L term Debts Ratio |
Units |
0,14 |
0,14 |
0,13 |
0,13 |
|
Net Financial Indebtedness Ratio |
Units |
7,91 |
18,74 |
8,35 |
0,96 |
|
CORRELATION |
|||||
|
Fixed assets ratio |
Units |
1,19 |
1,60 |
1,40 |
1,38 |
|
Current ratio |
Units |
1,06 |
1,09 |
1,08 |
1,25 |
|
Acid Test Ratio-Liquidity Ratio |
Units |
0,61 |
0,66 |
0,62 |
0,75 |
|
Structure's primary quotient |
Units |
0,36 |
0,24 |
0,40 |
0,90 |
|
Treasury's primary quotient |
Units |
0,01 |
0,01 |
0,01 |
0,03 |
|
Rate of indebtedness ( Leverage ) |
% |
1668,41 |
3964,45 |
1876,49 |
339,62 |
|
Current Capital ( net ) |
Value |
3.234.736 |
5.523.289 |
5.186.524 |
1.615.606 |
|
RETURN |
|||||
|
Return on Sales |
% |
-2,97 |
-1,98 |
-1,50 |
1,74 |
|
Return on Equity - Net- ( R.O.E. ) |
% |
-80,54 |
-170,96 |
-79,40 |
0,25 |
|
Return on Equity - Gross - ( R.O.E. ) |
% |
-69,62 |
-166,17 |
-84,79 |
2,94 |
|
Return on Investment ( R.O.I. ) |
% |
-2,21 |
-2,70 |
-2,60 |
2,31 |
|
Return/ Sales |
% |
-2,03 |
-2,44 |
-2,40 |
2,50 |
|
Extra Management revenues/charges incid. |
% |
n.c. |
n.c. |
n.c. |
8,02 |
|
Cash Flow |
Value |
-2.229.460 |
-1.562.548 |
-1.260.154 |
210.372 |
|
Operating Profit |
Value |
-1.521.758 |
-1.923.743 |
-2.012.897 |
359.192 |
|
Gross Operating Margin |
Value |
-426.379 |
-412.631 |
-570 |
692.382 |
|
MANAGEMENT |
|||||
|
Credits to clients average term |
Days |
92,74 |
101,34 |
105,62 |
111,18 |
|
Debts to suppliers average term |
Days |
84,17 |
53,65 |
115,94 |
104,44 |
|
Average stock waiting period |
Days |
117,21 |
116,50 |
121,89 |
86,89 |
|
Rate of capital employed return ( Turnover ) |
Units |
1,09 |
1,11 |
1,09 |
1,04 |
|
Rate of stock return |
Units |
3,07 |
3,09 |
2,95 |
4,12 |
|
Labour cost incidence |
% |
15,29 |
15,49 |
14,75 |
15,12 |
|
Net financial revenues/ charges incidence |
% |
-1,26 |
-1,31 |
-1,32 |
-2,07 |
|
Labour cost on purchasing expenses |
% |
15,00 |
15,51 |
14,14 |
14,82 |
|
Short-term financing charges |
% |
1,84 |
1,95 |
2,08 |
3,48 |
|
Capital on hand |
% |
91,76 |
90,49 |
92,05 |
95,83 |
|
Sales pro employee |
Value |
209.662 |
202.995 |
185.469 |
237.592 |
|
Labour cost pro employee |
Value |
32.066 |
31.438 |
27.364 |
33.432 |
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 |
: |
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 |
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.63.39 |
|
|
1 |
Rs.96.72 |
|
Euro |
1 |
Rs.75.80 |
INFORMATION DETAILS
|
Analysis Done by
: |
KAR |
|
|
|
|
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.