MIRA INFORM REPORT
|
Report No. : |
332751 |
|
Report Date : |
22.07.2015 |
IDENTIFICATION DETAILS
|
Name : |
BRANCACCIO
RAFFAELE |
|
|
|
|
Registered Office : |
Via Marittima N. 63, 80056 – Ercolano, (NA) |
|
|
|
|
Country : |
Italy |
|
|
|
|
Date of Incorporation : |
20.06.1984 |
|
|
|
|
Legal Form : |
Sole Proprietorship |
|
|
|
|
LINE OF BUSINESS : |
SUBJECT
IS MANUFACTURE OF JEWELLERY AND RELATED ARTICLES |
|
|
|
|
No. of Employee : |
from 1 to 5 |
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 : |
Small concern |
|
|
|
|
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 |
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 |
Company name
BRANCACCIO
RAFFAELE
Via Marittima N. 63,
80056
– Ercolano, (NA)-IT-
Summary
|
Fiscal
Code |
: |
BRNRFL53P14H243A |
|
Legal
Form |
: |
Sole
proprietorship |
|
start
of Activities |
: |
20/06/1984 |
|
Turnover
Range |
: |
75.000/100.000
|
|
Number
of Employees |
: |
from
1 to 5 |
Activity
Manufacture
of jewellery and related articles
Legal
Data
Legal
Form : Sole proprietorship
|
Register
of Handcraft firms : 103958 of Napoli |
|
Fiscal
Code : BRNRFL53P14H243A |
|
Chamber
of Commerce no. : 385860 of Napoli since 01/09/1984 |
|
V.A.T.
Code : 00046721213 |
|
Start
of Activities |
:
20/06/1984 |
Members
|
|
Brancaccio |
Raffaele |
|
|
Born
in Ercolano |
(NA) |
on
14/09/1953 |
-
Fiscal Code : BRNRFL53P14H243A |
|
|
Residence: |
Marittima
N. 63 |
-
80056 |
Ercolano |
(NA) |
-
IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Proprietor |
|
|
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 |
|
Marittima
N. 63 |
-
80056 |
-
Ercolano |
(NA) |
-
IT - |
|
Assistants |
:
1 |
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.
As
regards liquid means, subject is able to face the necessary
management
requirements.
Subject's
payment experiences we record are all positive.
Debt
position is quite sure. Regular use of supplier and bank
credit.
No
irregularities are registered.
Correct
trade relations. No meaningful remark is expressed by
usual
suppliers.
Financial
Data
|
Estimated
Financial Data |
|
Item
Type |
Value |
|
Sales |
100.000 |
Reliability
Score
Considering
also subject's structural and behavioural characteristics its credit margin
rate (from 0 to 100%) is equal to 70%, in respect of a sector average of 64%.
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 |
:
|
3.092.859 |
|
Population
living in the region |
:
|
5.788.986 |
|
Number
of families in the region |
:
|
1.966.064 |
Monthly
family expences average in the region (in Eur..) :
|
-
per food products |
:
|
475 |
|
-
per non food products |
:
|
1.304 |
|
-
per energy consume |
:
|
79 |
Sector
Data
The
values are calculated on a base of 591 significant companies.
The
companies cash their credits on an average of 100 dd.
The
average duration of suppliers debts is about 105 dd.
The
sector's profitability is on an average of 2,17%.
The
labour cost affects the turnover in the measure of 13,32%.
Goods
are held in stock in a range of 87 dd.
The
difference between the sales volume and the resources used to realize it is
about 1,10.
The
employees costs represent the 13,08% of the production costs.
Statistical
Detrimental Data
Statistcally
the trade activity shows periods of crisis.
The
area is statistically considered remarkably risky.
In
the region 80.616 protested subjects are found; in the province they count to
41.815.
The
insolvency index for the region is 1,40, , while for the province it is 1,36.
Total
Bankrupt companies in the province : 18.217.
Total
Bankrupt companies in the region : 28.514.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.63.65 |
|
|
1 |
Rs.99.14 |
|
Euro |
1 |
Rs.68.91 |
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
|
|
|
|
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.