MIRA INFORM REPORT
|
Report No. : |
304843 |
|
Report Date : |
24.01.2015 |
IDENTIFICATION DETAILS
|
Name : |
F.LLI TANCREDI S.N.C. |
|
|
|
|
Registered Office : |
Via Madonnella Di Sotto, SNC, 63095 -
Acquasanta Terme (AP) |
|
|
|
|
Country : |
Italy |
|
|
|
|
Date of Incorporation : |
18.10.1971 |
|
|
|
|
Legal Form : |
General Partnership |
|
|
|
|
Line of Business : |
· Engaged in Quarrying of ornamental and Building Stone, Limestone, Gypsum, Clay and Slate ·
Engaged in extraction
and processing of stone in general and in particular of
the travertine |
|
|
|
|
No of Employees : |
2 |
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 : |
Unknown |
|
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 |
Company
name & address
F.lli Tancredi S.n.c.
Via Madonnella Di Sotto, SNC
63095 - Acquasanta Terme (AP) -IT-
Summary
|
Fiscal Code |
: |
00148910441 |
|
Legal Form |
: |
General partnership |
|
start of Activities |
: |
18/10/1971 |
|
Turnover Range |
: |
375.000/500.000 |
|
Number of Employees |
: |
02 |
Activity
· Engaged in Quarrying of ornamental and Building Stone, Limestone, Gypsum, Clay and Slate
·
Engaged in extraction and
processing of stone in general and in particular of
the travertine
Legal
Data
Legal Form : General partnership
|
Register of Handcraft firms : 25134 of
Ascoli Piceno |
|
Fiscal Code : 00148910441 |
|
Chamber of Commerce no. : 69093 of Ascoli
Piceno since 21/10/1971 |
|
V.A.T. Code : 00148910441 |
|
Establishment date |
: 18/10/1971 |
|
|
Start of Activities |
: 18/10/1971 |
|
|
Legal duration |
: 31/12/2020 |
|
|
Nominal Capital |
: 34.000 |
|
|
Subscribed Capital |
: 34.000 |
|
|
Paid up Capital |
: 34.000 |
Members
|
|
Tancredi |
Vincenzo |
|
|
Born in Ascoli Piceno |
(AP) |
on 04/03/1970 |
- Fiscal Code : TNCVCN70C04A462S |
|
|
Residence: |
Santa Maria |
, 102 |
- 63041 |
Acquasanta Terme |
(AP) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Partner |
17/03/1997 |
17.000 - |
50,00 |
|
|
No
Prejudicial events are reported |
|
|
No Protests
registered |
|
|
Tancredi |
Franco |
|
|
Born in Ascoli Piceno |
(AP) |
on 15/12/1971 |
- Fiscal Code : TNCFNC71T15A462V |
|
|
Residence: |
, 128/A |
- 63041 |
Acquasanta Terme |
(AP) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Partner |
17/03/1997 |
17.000 - |
50,00 |
|
|
No
Prejudicial events are reported |
|
|
No Protests
registered |
Companies
connected to members *
*checkings have been performed on a national
scale.
In this module the companies in which
members hold/held positions are listed.
The Members of the subject firm are not
reported to be Members in other companies.
Direct
Participations
The Company under review has no
participations in other Companies.
Firm's
location and structure
In order to carry out its activities the firm
uses the following locations:
|
- |
Legal and
operative seat |
|
Madonnella Di Sotto |
, SNC |
- 63041 |
- Acquasanta Terme |
(AP) |
- IT - |
|
Employees |
: 2 |
|
Assistants |
: 2 |
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
The subject has been acting for many years
on local market.
Financial means are adequate and allow a
normal fulfilment of
bonds towards third parties.
Subject's payment experiences we record are
all positive.
Modest indebtedeness. Subject never exceeded
the normal levels of
supplier and bank credit.
No notable criticism is expressed by common
suppliers at to the
firm's business conduct which is said to be
honest enough.
Financial Data
|
Estimated Financial
Data |
|
Item Type |
Value |
|
Sales |
400.000 |
Market / Territory Data
|
Population living in the province |
: |
|
|
Population living in the region |
: |
|
|
Number of families in the region |
: |
|
Monthly family expenses 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 561
significant companies.
The companies cash their credits on an
average of 128 dd.
The average duration of suppliers debts is about
157 dd.
The sector's profitability is on an average
of 5,28%.
The labour cost affects the turnover in the
measure of 14,43%.
Goods are held in stock in a range of 53 dd.
The difference between the sales volume and
the resources used to realize it is about 0,64.
The employees costs represent the 13,56% of
the production costs.
Statistical
Detrimental Data
Statistically the trade activity shows
periods of crisis.
The area is statistically considered
moderately risky.
In the region 9.333 protested subjects are
found; in the province they count to 2.654.
The insolvency index for the region is 0,62,
, while for the province it is 0,71.
Total Bankrupt companies in the province :
2.089.
Total Bankrupt companies in the region :
6.005.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.50 |
|
UK Pound |
1 |
Rs.92.16 |
|
Euro |
1 |
Rs.69.62 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
MNL |
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.