MIRA INFORM REPORT
|
Report No. : |
321364 |
|
Report Date : |
07.05.2015 |
IDENTIFICATION DETAILS
|
Name : |
STREPARAVA S.P.A. |
|
|
|
|
Registered Office : |
Via Zocco, 13, 25030 – Adro (BS) - IT- |
|
|
|
|
Country : |
Italy |
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Date of Incorporation : |
21.11.2005 |
|
|
|
|
Legal Form : |
Joint Stock Company With Sole Shareholder |
|
|
|
|
Line of Business : |
Manufacture of parts and accessories for motor vehicles |
|
|
|
|
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 – December 31, 2014
|
Country Name |
Previous Rating (30.09.2014) |
Current Rating (31.12.2014) |
|
Italy |
A2 |
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 & address
STREPARAVA S.P.A.
Via Zocco, 13
25030 - Adro (BS) - IT-
Summary
|
Fiscal Code |
: |
02691510982 |
|
Legal Form |
: |
Joint stock company with sole shareholder |
|
start of Activities |
: |
21/11/2005 |
|
Equity |
: |
Over 2.582.254 |
|
Turnover Range |
: |
100.000.000/150.000.000 |
|
Number of Employees |
: |
from 251 to 500 |
Activity
Manufacture of parts and accessories for motor vehicles
Legal
Data
Legal Form : Joint stock company with sole shareholder
|
Fiscal Code : 02691510982 |
|
Foreign Trade Reg. no. : BS089471 since 01/12/2005 |
|
Chamber of Commerce no. : 470733 of Brescia since 20/10/2005 |
|
V.A.T. Code : 02691510982 |
|
Establishment date |
: 11/10/2005 |
|
|
Start of Activities |
: 21/11/2005 |
|
|
Legal duration |
: 31/12/2050 |
|
|
Nominal Capital |
: 15.000.000 |
|
|
Subscribed Capital |
: 15.000.000 |
|
|
Paid up Capital |
: 15.000.000 |
|
Legal mail : |
STREPARAVA@LEGALMAIL.IT |
Members
|
|
Streparava |
Pierluigi |
|
|
Born in Rovato |
(BS) |
on 23/09/1942 |
- Fiscal Code : STRPLG42P23H598F |
|
|
Residence: |
Roma |
, 20 |
- 25038 |
Rovato |
(BS) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Board Chairman |
27/04/2012 |
||
|
Director |
27/04/2012 |
||
|
Managing Director |
27/04/2012 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Deltratti |
Roberto |
|
|
Born in Brescia |
(BS) |
on 29/03/1976 |
- Fiscal Code : DLTRRT76C29B157U |
|
|
Residence: |
Vittorio Veneto |
, 42 |
- 24067 |
Sarnico |
(BG) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
27/04/2012 |
|
|
Streparava |
Paolo Raffaele |
|
|
Born in Rovato |
(BS) |
on 16/12/1971 |
- Fiscal Code : STRPRF71T16H598H |
|
|
Residence: |
Roma |
, 18 |
- 25038 |
Rovato |
(BS) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
27/04/2012 |
||
|
Managing Director |
27/04/2012 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Deltratti |
Enrico |
|
|
Born in Rovato |
(BS) |
on 10/03/1975 |
- Fiscal Code : DLTNRC75C10H598C |
|
|
Residence: |
Privata Mai |
, 3 |
- 25123 |
Brescia |
(BS) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
27/04/2012 |
||
|
Managing Director |
19/06/2013 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Taglietti |
Eugenio |
|
|
Born in Brescia |
(BS) |
on 09/09/1937 |
- Fiscal Code : TGLGNE37P09B157L |
|
|
Residence: |
Venezia |
, 198 |
- 25100 |
Brescia |
(BS) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
27/04/2012 |
|
|
Cotti Piccinelli |
Renato |
|
|
Born in Darfo Boario Terme |
(BS) |
on 16/11/1967 |
- Fiscal Code : CTTRNT67S16D251B |
|
|
Residence: |
Della Carita' |
, 2 |
- 25054 |
Marone |
(BS) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
26/07/2007 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Golimbioschi |
Robert Eduard |
|
|
Born in Bucarest |
( ) |
on 21/12/1951 |
- Fiscal Code : GLMRRT51T21Z129K |
|
|
Residence: |
Vado Via Dei Colli |
, 31 |
- 40036 |
Monzuno |
(BO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
31/01/2006 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Monte |
Sergio |
|
|
Born in Seregno |
(MB) |
on 01/04/1961 |
- Fiscal Code : MNTSRG61D01I625I |
|
|
Residence: |
Ghidina |
, 29 |
- 25019 |
Sirmione |
(BS) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
31/01/2006 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Streparava Holding S.p.a. |
|
|
Residence: |
Zocco |
, 13 |
- 25030 |
Adro |
(BS) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Sole partner |
11/10/2005 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Viani |
Michele |
|
|
Born in Olbia |
(SS) |
on 05/04/1968 |
- Fiscal Code : VNIMHL68D05G015Q |
|
|
Residence: |
Dante Aligheri |
, 1 |
- 25058 |
Sulzano |
(BS) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
05/12/2011 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Streparava Holding S.p.a. |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Partner |
|
|
No Prejudicial events are reported |
|
|
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.
|
|
Streparava |
Pierluigi |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Streparava S.p.a. |
Adro (BS) - IT - |
00294420179 |
Vice-Chairman |
Withdrawn |
Ceased |
|
Streparava S.p.a. |
Adro (BS) - IT - |
00294420179 |
Managing
Director |
Withdrawn |
Ceased |
|
O.c.m.l. Officine Costruzioni Metalmeccaniche Lombarde S.p.a. |
Costa di Mezzate (BG) - IT - |
02580450159 |
Director |
Active |
Registered |
|
Colombera S.p.a. |
Iseo (BS) - IT - |
03042780175 |
Director |
Withdrawn |
Registered |
|
Italian M3t Italian Machine Tools TrainiNg And Trading S.p.a. |
Cinisello Balsamo (MI) - IT - |
03847240151 |
Board Chairman |
Withdrawn |
Ceased |
|
Acimga Engineering Srl |
Cinisello Balsamo (MI) - IT - |
08252360154 |
Board Chairman |
Withdrawn |
Ceased |
|
Probest Service Spa |
Cinisello Balsamo (MI) - IT - |
00895760155 |
Director |
Active |
Registered |
|
Probest Service Spa |
Cinisello Balsamo (MI) - IT - |
00895760155 |
Board Chairman |
Active |
Registered |
|
C.e.u. - Centro Esposizioni Ucimu S.p.a. |
Cinisello Balsamo (MI) - IT - |
01765630155 |
Managing
Director |
Active |
Registered |
|
C.e.u. - Centro Esposizioni Ucimu S.p.a. |
Cinisello Balsamo (MI) - IT - |
01765630155 |
Director |
Active |
Registered |
|
Societa' Finanziaria Macchine Utensili So.fi.mu Srl |
Cinisello Balsamo (MI) - IT - |
01813570270 |
Chairman |
Withdrawn |
Registered |
|
C.i.m.u. S.r.l. |
Cinisello Balsamo (MI) - IT - |
02807920968 |
Director |
Withdrawn |
Registered |
|
Consorzio Sistemi Formativi Ucimu In Breve C.s.f.u. |
Cinisello Balsamo (MI) - IT - |
02872030966 |
Sole Director |
Active |
Registered |
|
Fondazione Camillo Golgi |
Brescia (BS) - IT - |
98018660179 |
Director |
Active |
Registered |
|
Fondazione Camillo Golgi |
Brescia (BS) - IT - |
98018660179 |
Board Chairman |
Withdrawn |
Registered |
|
Fondazione Della Comunita' Bresciana Onlus |
Brescia (BS) - IT - |
98101130171 |
Chairman |
Active |
Registered |
|
Stresa Piu' |
Adro (BS) - IT - |
01825330986 |
Liquidator |
Withdrawn |
Ceased |
|
Iniziativa Finanziaria S.p.a. |
Brescia (BS) - IT - |
01611330174 |
Chairman |
Withdrawn |
Ceased |
|
Iniziativa Finanziaria S.p.a. |
Brescia (BS) - IT - |
01611330174 |
Managing
Director |
Withdrawn |
Ceased |
|
Finanziaria Veneta Macchine Finvema S.r.l. |
Cinisello Balsamo (MI) - IT - |
02363120284 |
Sole Director |
Withdrawn |
Ceased |
|
Lab Id S.r.l. |
Milano (MI) - IT - |
04341950964 |
Director |
Active |
Registered |
|
Streparava Holding S.p.a. |
Adro (BS) - IT - |
02098790278 |
Director |
Active |
Registered |
|
Streparava Holding S.p.a. |
Adro (BS) - IT - |
02098790278 |
Managing
Director |
Active |
Registered |
|
Streparava Holding S.p.a. |
Adro (BS) - IT - |
02098790278 |
Board Chairman |
Active |
Registered |
|
Esse Immobiliare S.p.a. |
Adro (BS) - IT - |
02709880989 |
Director |
Active |
Registered |
|
Esse Immobiliare S.p.a. |
Adro (BS) - IT - |
02709880989 |
Managing
Director |
Active |
Registered |
|
Esse Immobiliare S.p.a. |
Adro (BS) - IT - |
02709880989 |
Board Chairman |
Active |
Registered |
|
B.p.t. Borroni Powertrain S.r.l. |
Saronno (VA) - IT - |
03254940129 |
Director |
Active |
Registered |
|
B.p.t. Borroni Powertrain S.r.l. |
Saronno (VA) - IT - |
03254940129 |
Board Chairman |
Active |
Registered |
|
|
Streparava |
Paolo Raffaele |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Banca Santa Giulia S.p.a. |
Chiari (BS) - IT - |
01994680179 |
Director |
Active |
Registered |
|
Banca Santa Giulia S.p.a. |
Chiari (BS) - IT - |
01994680179 |
Memb.of the
Executive Committee |
Active |
Registered |
|
Assoservizi Societa' A Responsabilita' Limitata, In Sigla Assoservizi
S.r.l. |
Brescia (BS) - IT - |
03285520171 |
Sole Director |
Active |
Registered |
|
Istituto Superiore Di Formazione E Ricerca 2000 Societa' Consortile
Per Azioni, |
Brescia (BS) - IT - |
03063890176 |
Director |
Withdrawn |
Ceased |
|
Hesterna S.r.l. |
Adro (BS) - IT - |
12037770158 |
Director |
Withdrawn |
Registered |
|
Hesterna S.r.l. |
Adro (BS) - IT - |
12037770158 |
Managing
Director |
Withdrawn |
Registered |
|
Hesterna S.r.l. |
Adro (BS) - IT - |
12037770158 |
Board Chairman |
Withdrawn |
Registered |
|
Csmt Gestione S.c.a.r.l. |
Brescia (BS) - IT - |
02835410982 |
Director |
Active |
Registered |
|
Hin - Consulting S.r.l. |
Milano (MI) - IT - |
12742900157 |
Director |
Withdrawn |
Registered |
|
Lab Id S.r.l. |
Milano (MI) - IT - |
04341950964 |
Director |
Active |
Registered |
|
Lab Id S.r.l. |
Milano (MI) - IT - |
04341950964 |
Assistant board
Chairman |
Active |
Registered |
|
Streparava Holding S.p.a. |
Adro (BS) - IT - |
02098790278 |
Director |
Active |
Registered |
|
Streparava Holding S.p.a. |
Adro (BS) - IT - |
02098790278 |
Managing
Director |
Active |
Registered |
|
Futuro All'impresa S.r.l. O In Forma Abbreviata F.a.i. Srl |
Brescia (BS) - IT - |
03069860983 |
Director |
Active |
Registered |
|
B.p.t. Borroni Powertrain S.r.l. |
Saronno (VA) - IT - |
03254940129 |
Director |
Active |
Registered |
|
B.p.t. Borroni Powertrain S.r.l. |
Saronno (VA) - IT - |
03254940129 |
Managing
Director |
Active |
Registered |
|
|
Deltratti |
Enrico |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
O.c.m.l. Officine Costruzioni Metalmeccaniche Lombarde S.p.a. |
Costa di Mezzate (BG) - IT - |
02580450159 |
Director |
Active |
Registered |
|
Futuro All'impresa S.r.l. O In Forma Abbreviata F.a.i. Srl |
Brescia (BS) - IT - |
03069860983 |
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.
Capital
Shareholders
Shareholders' list as at date of data collection:
|
Firm's Style / Name |
Seat / Residence |
Fiscal Code |
Owned Shares |
% Ownership |
|
Streparava Holding S.p.a. |
Adro - IT - |
02098790278 |
100,00 |
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 |
|
Zocco |
, 13 |
- 25030 |
- Adro |
(BS) |
- IT - |
|
PHONE |
: 030745911 |
|
PHONE |
: 030745949 |
|
FAX |
: 0307356113 |
|
Legal mail |
: STREPARAVA@LEGALMAIL.IT |
|
Employees |
: 346 |
|
Fittings and Equipment for a value of 9.190.000 |
Eur |
|
Stocks for a value of 15.760.000 |
Eur |
Historical
Information and/or Firm's Status
EX-MEMBERS / EX-POSITIONS:
|
|
Fabris Adriano |
|
|
Residence: |
Castello |
, 618/D |
- 30122 |
Venezia |
(VE) |
- IT - |
|
Ex-Postions |
|
Sole partner |
|
|
Facella |
Alberto |
|
|
Born in Brescia |
(BS) |
on 30/03/1949 |
- Fiscal Code : FCLLRT49C30B157D |
|
|
Residence: |
Vittoria |
, 11 |
- 25100 |
Brescia |
(BS) |
- IT - |
|
Ex-Postions |
|
Auditor |
|
|
Longoni |
Guido |
|
|
Born in Verano Brianza |
(MB) |
on 14/10/1951 |
- Fiscal Code : LNGGDU51R14L744I |
|
|
Residence: |
Piave |
, 21 |
- 20030 |
Bovisio-masciago |
(MI) |
- IT - |
|
Ex-Postions |
|
Procurator |
|
|
Arpino |
Riccardo |
|
|
Born in Brescia |
(BS) |
on 07/10/1974 |
- Fiscal Code : RPNRCR74R07B157V |
|
|
Residence: |
Dei Musei |
, 53 |
- 25100 |
Brescia |
(BS) |
- IT - |
|
Ex-Postions |
|
Auditor |
|
|
Bianchi |
Paolo |
|
|
Born in Milano |
(MI) |
on 08/07/1967 |
- Fiscal Code : BNCPLA67L08F205B |
|
|
Residence: |
Don Consonni |
, 9 |
- 20046 |
Biassono |
(MI) |
- IT - |
|
Ex-Postions |
|
Procurator |
|
|
Bastianon |
Stefano |
|
|
Born in Travagliato |
(BS) |
on 22/01/1943 |
- Fiscal Code : BSTSFN43A22L339I |
|
|
Residence: |
Marche |
, 25 |
- 25100 |
Brescia |
(BS) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
Auditor |
|
|
Quaglia |
Alfredo |
|
|
Born in Botticino |
(BS) |
on 20/07/1942 |
- Fiscal Code : QGLLRD42L20B091P |
|
|
Residence: |
Moretto |
, 34 |
- 25082 |
Botticino |
(BS) |
- IT - |
|
Ex-Postions |
|
Permanent Auditor |
|
Auditor |
|
|
Streparava |
Marco |
|
|
Born in Rovato |
(BS) |
on 16/12/1971 |
- Fiscal Code : STRMRC71T16H598B |
|
|
Residence: |
Padre Lino Maupas |
, 2 |
- 43125 |
Parma |
(PR) |
- IT - |
|
Ex-Postions |
|
Director |
|
|
Streparava Holding S.p.a. |
|
- Fiscal Code : 02098790278 |
|
Ex-Postions |
|
Partner |
|
|
Sierchio |
Pasquale |
|
|
Born in Palazzolo sull'Oglio |
(BS) |
on 19/07/1946 |
- Fiscal Code : SRCPQL46L19G264D |
|
|
Residence: |
Salita S. Pietro |
, 4 |
- 25036 |
Palazzolo sull'Oglio |
(BS) |
- IT - |
|
Ex-Postions |
|
Procurator |
|
|
Manenti |
Franco |
|
|
Born in Rovato |
(BS) |
on 29/11/1938 |
- Fiscal Code : MNNFNC38S29H598U |
|
|
Residence: |
C.golgi |
, 24 |
- 25038 |
Rovato |
(BS) |
- IT - |
|
Ex-Postions |
|
Auditor |
|
Chairman of the Board of Aud. |
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.
Bankers
The firm operates with:
|
Bank Name |
Agency Name |
Address |
ZIP Code |
City |
ABI Code |
CAB Code |
|
BANCO DI BRESCIA S. PAOLO CAB SPA |
3500 |
0 |
||||
Financial
and Economical Analysis
Company's starting of activities dates back to 2005.
Balance sheets for the years 2011, 2012 and 2013 were analyzed.
Under an economic point of view, profits were registered during the last
years with a r.o.e. of 13,96% in 2013 with an increase in 2013 (+14,33%).
The return on Investment in the last financial year was positive (5,39%)
and in line with the sector's average.
The amount of the operating result for the year 2013 is of Eur.
6.429.618 increasing if compared to the yeart 2012.
The economic management produced a gross operating margin of Eur.
9.902.100 growing by 63,72% if compared to the year before.
The analysis shows a fair financial position as the indebtedness volume
is acceptable (1,61) yet on the increase as against the previous accounting period.
The equity capital is equal to Eur. 28.074.455 , stable in comparison
with the value of the previous year.
Total debts recorded amounted to Eur. 85.905.735 (Eur. 10.687.236 of
which were m/l term debts) showing a stable trend as opposed to 2012 (Eur.
75.829.942).
Moderate recourse to bank credit while the exposure towards suppliers is
rather high even if it still falls within the sector's average.
Liquidity is good (1,38)
As far as the collection of credit goes, the average is high (145,87
days). and higher than the average of the sector.
During financial year 2013 the cash flow amounted to Eur. 7.331.979
Labour cost expenses amount to Eur. 17.207.518 , representing 13,99% on
the total of production costs. , whereas the incidence of such costs on sales
revenues is equal to 13,38%.
Limited financial charges in relation to sales volume.
Financial Data
|
|
Complete balance-sheet for the year |
al 31/12/2013 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
128.649.303 |
|
Profit (Loss) for the period |
3.918.555 |
|
|
Complete balance-sheet for the year |
al 31/12/2012 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
112.524.371 |
|
Profit (Loss) for the period |
2.473.368 |
|
|
Complete balance-sheet for the year |
al 31/12/2011 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
120.742.897 |
|
Profit (Loss) for the period |
2.941.906 |
|
|
Complete balance-sheet for the year |
al 31/12/2010 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
101.472.693 |
|
Profit (Loss) for the period |
2.181.443 |
|
|
Complete balance-sheet for the year |
al 31/12/2009 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
77.108.099 |
|
Profit (Loss) for the period |
-2.435.536 |
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 31/12/2011 - 12 Mesi - Currency: - Amounts x 1 |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
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 |
0,13 |
0,09 |
0,06 |
0,25 |
|
Elasticity Ratio |
Units |
0,87 |
0,90 |
0,94 |
0,74 |
|
Availability of stock |
Units |
0,13 |
0,13 |
0,16 |
0,21 |
|
Total Liquidity Ratio |
Units |
0,74 |
0,77 |
0,78 |
0,47 |
|
Quick Ratio |
Units |
0,25 |
0,29 |
0,26 |
0,01 |
|
COMPOSITION ON
SOURCE |
|||||
|
Net Short-term indebtedness |
Units |
1,61 |
1,28 |
1,20 |
1,91 |
|
Self Financing Ratio |
Units |
0,24 |
0,23 |
0,26 |
0,25 |
|
Capital protection Ratio |
Units |
0,33 |
0,29 |
0,21 |
0,72 |
|
Liabilities consolidation quotient |
Units |
0,19 |
0,28 |
0,25 |
0,20 |
|
Financing |
Units |
3,06 |
3,06 |
2,54 |
2,52 |
|
Permanent Indebtedness Ratio |
Units |
0,36 |
0,40 |
0,41 |
0,40 |
|
M/L term Debts Ratio |
Units |
0,12 |
0,16 |
0,14 |
0,11 |
|
Net Financial Indebtedness Ratio |
Units |
0,27 |
0,47 |
0,26 |
0,37 |
|
CORRELATION |
|||||
|
Fixed assets ratio |
Units |
2,79 |
4,31 |
6,86 |
1,40 |
|
Current ratio |
Units |
1,38 |
1,53 |
1,62 |
1,20 |
|
Acid Test Ratio-Liquidity Ratio |
Units |
1,17 |
1,31 |
1,35 |
0,81 |
|
Structure's primary quotient |
Units |
1,84 |
2,53 |
4,45 |
0,88 |
|
Treasury's primary quotient |
Units |
0,40 |
0,49 |
0,45 |
0,03 |
|
Rate of indebtedness ( Leverage ) |
% |
424,65 |
427,48 |
378,76 |
396,60 |
|
Current Capital ( net ) |
Value |
28.417.633 |
33.270.592 |
30.963.255 |
739.298 |
|
RETURN |
|||||
|
Return on Sales |
% |
5,70 |
4,59 |
4,88 |
3,87 |
|
Return on Equity - Net- ( R.O.E. ) |
% |
13,96 |
9,99 |
12,91 |
2,90 |
|
Return on Equity - Gross - ( R.O.E. ) |
% |
22,08 |
15,65 |
21,80 |
10,01 |
|
Return on Investment ( R.O.I. ) |
% |
5,39 |
3,11 |
6,18 |
3,63 |
|
Return/ Sales |
% |
5,00 |
2,93 |
4,42 |
3,64 |
|
Extra Management revenues/charges incid. |
% |
60,95 |
75,07 |
55,17 |
27,87 |
|
Cash Flow |
Value |
7.331.979 |
5.167.655 |
5.892.381 |
218.595 |
|
Operating Profit |
Value |
6.429.618 |
3.294.942 |
5.332.868 |
183.990 |
|
Gross Operating Margin |
Value |
9.902.100 |
6.048.029 |
8.342.143 |
453.866 |
|
MANAGEMENT |
|||||
|
Credits to clients average term |
Days |
145,87 |
158,01 |
127,96 |
94,73 |
|
Debts to suppliers average term |
Days |
136,23 |
119,70 |
98,70 |
115,71 |
|
Average stock waiting period |
Days |
44,10 |
45,10 |
40,00 |
57,59 |
|
Rate of capital employed return ( Turnover ) |
Units |
1,08 |
1,06 |
1,40 |
1,07 |
|
Rate of stock return |
Units |
8,16 |
7,98 |
9,00 |
6,09 |
|
Labour cost incidence |
% |
13,38 |
14,36 |
13,73 |
18,09 |
|
Net financial revenues/ charges incidence |
% |
-0,09 |
0,14 |
-0,32 |
-1,09 |
|
Labour cost on purchasing expenses |
% |
13,99 |
14,57 |
14,29 |
17,83 |
|
Short-term financing charges |
% |
1,16 |
1,09 |
1,58 |
2,64 |
|
Capital on hand |
% |
92,67 |
94,05 |
71,47 |
93,64 |
|
Sales pro employee |
Value |
239.570 |
320.582 |
337.270 |
185.995 |
|
Labour cost pro employee |
Value |
32.043 |
46.045 |
46.305 |
32.632 |
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 258 significant companies.
The companies cash their credits on an average of 95 dd.
The average duration of suppliers debts is about 116 dd.
The sector's profitability is on an average of 3,87%.
The labour cost affects the turnover in the measure of 18,09%.
Goods are held in stock in a range of 58 dd.
The difference between the sales volume and the resources used to
realize it is about 1,07.
The employees costs represent the 17,83% of the production costs.
Statistical
Detrimental Data
Statistcally the trade activity shows periods of crisis.
The area is statistically considered moderately risky.
In the region 50.886 protested subjects are found; in the province they
count to 5.551.
The insolvency index for the region is 0,55, , while for the province it
is 0,48.
Total Bankrupt companies in the province : 3.452.
Total Bankrupt companies in the region : 39.612.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.63.64 |
|
|
1 |
Rs.96.81 |
|
Euro |
1 |
Rs.71.51 |
INFORMATION DETAILS
|
Analysis Done by
: |
SUB |
|
|
|
|
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.