MIRA INFORM REPORT
|
Report No. : |
322398 |
|
Report Date : |
16.05.2015 |
IDENTIFICATION DETAILS
|
Name : |
LAMERI S.P.A. |
|
|
|
|
Registered Office : |
Via Cattaneo, 28/30 26020 - San
Bassano (CR) |
|
|
|
|
Country : |
Italy |
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Date of Incorporation : |
07.06.1965 |
|
|
|
|
Legal Form : |
Joint stock company |
|
|
|
|
Line of Business : |
|
|
|
|
|
No. of Employee : |
From 176 to 200 |
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 and address
LAMERI S.P.A.
Via Cattaneo, 28/30 26020 - San Bassano (CR) -IT-
Summary
|
Fiscal Code |
: |
00054080197 |
|
Legal Form |
: |
Joint stock company |
|
Foundation Date |
: |
07/06/1965 |
|
Equity |
: |
Over 2.582.254 |
|
Turnover Range |
: |
100.000.000/150.000.000 |
|
Number of Employees |
: |
from 176 to 200 |
Activity
Cultivation of cereals (except rice).
Manufacture of grain mill products, starches and starch products
Milling wheat
Legal
Data
Legal Form : Joint stock company
|
Fiscal Code : 00054080197 |
|
Foreign Trade Reg. no. : CR001609 since 16/12/1991 |
|
Chamber of Commerce no. : 78438 of Cremona since 07/06/1965 |
|
Chamber of Commerce no. : 1947897 of Milano |
|
Chamber of Commerce no. : 279428 of Modena |
|
Chamber of Commerce no. : 179009 of Piacenza |
|
Firms' Register : CR036-3574 of Cremona since 19/02/1996 |
|
V.A.T. Code : 00054080197 |
|
R. E. C. no. : 2211 of Cremona since 06/01/1982 |
|
Foundation date |
: 07/06/1965 |
|
|
Establishment date |
: 27/07/1987 |
|
|
Legal duration |
: 31/12/2050 |
|
|
Nominal Capital |
: 629.200 |
|
|
Subscribed Capital |
: 629.200 |
|
|
Paid up Capital |
: 629.200 |
|
Legal mail : |
AMMINISTRAZIONE.LAMERI@PEC.IT |
Members
|
|
Lameri |
Mario |
|
|
Born in Castelleone |
(CR) |
on 22/10/1944 |
- Fiscal Code : LMRMRA44R22C153I |
|
|
Residence: |
Ritorto |
, 3/C |
- 26020 |
Cappella Cantone |
(CR) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Board Chairman |
27/06/2012 |
||
|
Director |
27/06/2012 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Lameri |
Paolo |
|
|
Born in Cremona |
(CR) |
on 17/10/1970 |
- Fiscal Code : LMRPLA70R17D150R |
|
|
Residence: |
Matteotti |
, 58 |
- 26100 |
Cremona |
(CR) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
27/06/2012 |
||
|
Managing Director |
27/06/2012 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Lameri |
Alessandra |
|
|
Born in Cremona |
(CR) |
on 28/08/1973 |
- Fiscal Code : LMRLSN73M68D150C |
|
|
Residence: |
Ritorto |
, 3/B |
- 26020 |
Cappella Cantone |
(CR) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
27/06/2012 |
||
|
Managing Director |
27/06/2012 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Bittanti |
Cesare |
|
|
Born in Cremona |
(CR) |
on 21/09/1966 |
- Fiscal Code : BTTCSR66P21D150V |
|
|
Residence: |
Fulcheria |
, 7 |
- 26100 |
Cremona |
(CR) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Auditor |
27/06/2014 |
|
|
Pasquale |
Giancarlo |
|
|
Born in Cremona |
(CR) |
on 16/06/1963 |
- Fiscal Code : PSQGCR63H16D150L |
|
|
Residence: |
Po |
, 22 |
- 26100 |
Cremona |
(CR) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
21/02/2011 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Mattarozzi |
Alfredo |
|
|
Born in Cremona |
(CR) |
on 08/06/1963 |
- Fiscal Code : MTTLRD63H08D150G |
|
|
Residence: |
Umberto I |
, 48/B |
- 26047 |
Scandolara Ripa d'Oglio |
(CR) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
21/02/2011 |
|
|
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.
|
|
Lameri |
Mario |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Molino E Silos Rapuzzi Spa |
Cremona (CR) - IT - |
00179600192 |
Chairman |
Withdrawn |
Ceased |
|
Secondo Vergani S.p.a. |
Cremona (CR) - IT - |
00108740192 |
Director |
Active |
Registered |
|
Secondo Vergani S.p.a. |
Cremona (CR) - IT - |
00108740192 |
Managing
Director |
Active |
Registered |
|
Glicine Max Spa |
Soncino (CR) - IT - |
00904350196 |
Chairman |
Withdrawn |
Ceased |
|
Vipac S.r.l. |
Cremona (CR) - IT - |
00208370197 |
Sole Director |
Withdrawn |
Ceased |
|
Dolciaria Gadeschi S.p.a. |
Corte De' Frati (CR) - IT - |
00821450194 |
Director |
Active |
Registered |
|
Dolciaria Gadeschi S.p.a. |
Corte De' Frati (CR) - IT - |
00821450194 |
Board Chairman |
Active |
Registered |
|
Melker Srl |
Casalbuttano Ed Uniti (CR) - IT - |
01460970187 |
Director |
Withdrawn |
Ceased |
|
Lameri Docks S.r.l. |
Milano (MI) - IT - |
01070790199 |
Director |
Withdrawn |
Merged |
|
Lameri Docks S.r.l. |
Milano (MI) - IT - |
01070790199 |
Managing
Director |
Withdrawn |
Merged |
|
Lameri Docks S.r.l. |
Milano (MI) - IT - |
01070790199 |
Board Chairman |
Withdrawn |
Merged |
|
|
Lameri |
Paolo |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Secondo Vergani S.p.a. |
Cremona (CR) - IT - |
00108740192 |
Director |
Active |
Registered |
|
Secondo Vergani S.p.a. |
Cremona (CR) - IT - |
00108740192 |
Managing Director |
Active |
Registered |
|
Dolciaria Gadeschi S.p.a. |
Corte De' Frati (CR) - IT - |
00821450194 |
Director |
Active |
Registered |
|
Dolciaria Gadeschi S.p.a. |
Corte De' Frati (CR) - IT - |
00821450194 |
Assistant board
Chairman |
Active |
Registered |
|
Agribiotec Srl |
Cremona (CR) - IT - |
00914810338 |
Sole Director |
Withdrawn |
Registered |
|
Perfoods -s.r.l. |
Milano (MI) - IT - |
00745750158 |
Sole Director |
Withdrawn |
Registered |
|
|
Lameri |
Alessandra |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Secondo Vergani S.p.a. |
Cremona (CR) - IT - |
00108740192 |
Director |
Active |
Registered |
|
Secondo Vergani S.p.a. |
Cremona (CR) - IT - |
00108740192 |
Managing
Director |
Active |
Registered |
|
Dolciaria Gadeschi S.p.a. |
Corte De' Frati (CR) - IT - |
00821450194 |
Director |
Active |
Registered |
|
Dolciaria Gadeschi S.p.a. |
Corte De' Frati (CR) - IT - |
00821450194 |
Assistant 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 |
|
Lameri Mario |
Cappella Cantone - IT - |
LMRMRA44R22C153I |
250.636 .Eur |
39,83 |
|
Scanzi Emanuela |
Cremona - IT - |
SCNMNL54P43B157B |
1.043 .Eur |
0,16 |
|
Lameri Paolo |
Cremona - IT - |
LMRPLA70R17D150R |
125.840 .Eur |
20,00 |
|
Lameri Alessandra |
Cappella Cantone - IT - |
LMRLSN73M68D150C |
125.840 .Eur |
20,00 |
|
Bassanetti Cesira |
San Bassano - IT - |
BSSCSR47A47H767Q |
125.840 .Eur |
20,00 |
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 |
|
Secondo Vergani S.p.a. |
Cremona - IT - |
00108740192 |
9.231.290 .Eur |
92,31 |
Active |
||
|
Dolciaria Gadeschi S.p.a. |
Corte De' Frati - IT - |
00821450194 |
407.490 .Eur |
99,87 |
Active |
||
|
Holding Dolciaria Italiana S.p.a. |
Castelleone - IT - |
00684580194 |
202.968 .Eur |
22,45 |
Active |
||
|
I.i.c. Iniziative Immobiliari S.r.l. |
Cremona - IT - |
01200890190 |
18.592 .Eur |
30,00 |
Active |
||
|
Porto-polo Logistico Di Cremona Srl |
Cremona - IT - |
01393440191 |
19.000 .Eur |
23,75 |
Active |
Firm's
location and structure
In order to carry out its activities the firm uses the following
locations:
|
- |
Legal and operative seat |
|
Cattaneo |
, 28/30 |
- 26020 |
- San Bassano |
(CR) |
- IT - |
|
PHONE |
: 0374372031 |
|
FAX |
: 0374372035 |
|
Email |
: info@lameri.it |
|
Legal mail |
: AMMINISTRAZIONE.LAMERI@PEC.IT |
|
- |
Branch |
(Factory) |
since 08/03/1988 |
|
S. Bernardo |
, 22 |
- 26100 |
- Cremona |
(CR) |
- IT - |
|
PHONE |
: 0372454249 |
|
- |
Branch |
(Store) |
since 01/08/2012 |
|
Della Conca |
, 3 |
- 26100 |
- Cremona |
(CR) |
- IT - |
|
- |
Branch |
(Factory) |
since 31/12/2010 |
|
Martiri Della Liberta' |
, 19 |
- 20060 |
- Liscate |
(MI) |
- IT - |
|
- |
Branch |
(Store) |
since 10/05/1995 |
|
Per Concordia |
, 115 |
- 41032 |
- Cavezzo |
(MO) |
- IT - |
|
Employees |
: 190 |
|
Fittings and Equipment for a value of 10.110.000 |
Eur |
|
Stocks for a value of 7.680.000 |
Eur |
|
Furniture and fittings for a value of 150.000 |
Eur |
|
Vehicles for a value of 900.000 |
Eur |
The firm operates abroad as importer / exporter..
To purchase foreign products the firm uses the following channels :
|
- its own agents |
Export represents up to 20% of the global turnover.
Products abroad are placed by :
|
- importers |
Import comes generally from the following nations:
|
- Italy |
|
- Belgium |
|
- Great Britain |
|
- Greece |
Export is mainly towards:
|
- Italy |
Historical Information and/or Firm's Status
CHANGES TO THE LEGAL FORM:
|
Former legal form |
New legal form |
Changement Date |
|
De facto company |
General partnership |
31/12/1976 |
|
General partnership |
Joint stock company |
27/07/1987 |
COMPANY STYLE MODIFICATIONS:
|
Former Style |
New Style |
Changement Date |
|
Molino Lameri di Lameri Alessandro MarioGaspare e C. Snc |
17/07/1987 |
EX-MEMBERS / EX-POSITIONS:
|
|
Lameri |
Mario |
|
|
Born in Castelleone |
(CR) |
on 22/10/1944 |
- Fiscal Code : LMRMRA44R22C153I |
|
|
Residence: |
Ritorto |
, 3/C |
- 26020 |
Cappella Cantone |
(CR) |
- IT - |
|
Ex-Postions |
|
Chairman and Managing Director |
|
Managing Director |
|
|
Lameri Gaspare |
|
|
Born in Castelleone |
(CR) |
on 03/09/1950 |
- Fiscal Code : LMRGPR50P03C153J |
|
|
Residence: |
Cattaneo |
, 35 |
- 26020 |
San Bassano |
(CR) |
- IT - |
|
Ex-Postions |
|
Vice-Chairman |
|
Managing Director |
|
Director |
|
Managing Director |
|
|
Coratella |
Enzo |
|
|
Born in Cremona |
(CR) |
on 12/04/1960 |
- Fiscal Code : CRTNZE60D12D150J |
|
|
Residence: |
Massarotti |
, 46/C |
- 26100 |
Cremona |
(CR) |
- IT - |
|
Ex-Postions |
|
Permanent Auditor |
|
Chairman of the Board of Aud. |
|
|
Pedroni |
Ferrante |
|
|
Born in Castelverde |
(CR) |
on 12/03/1944 |
- Fiscal Code : PDRFRN44C12B129K |
|
|
Residence: |
Villa Glori |
, 5 |
- 26100 |
Cremona |
(CR) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
|
Ferrari |
Fabrizio |
|
|
Born in Cremona |
(CR) |
on 19/04/1961 |
- Fiscal Code : FRRFRZ61D19D150A |
|
|
Residence: |
Vittorio Emanuele |
, 46 |
- 26100 |
Cremona |
(CR) |
- IT - |
|
Ex-Postions |
|
Permanent Auditor |
|
|
Manfredini |
Michele |
|
|
Born in Cremona |
(CR) |
on 21/03/1961 |
- Fiscal Code : MNFMHL61C21D150M |
|
|
Residence: |
Roma |
, 7 |
- 26100 |
Cremona |
(CR) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
|
Scanzi |
Emanuela |
|
|
Born in Brescia |
(BS) |
on 03/09/1954 |
- Fiscal Code : SCNMNL54P43B157B |
|
|
Residence: |
Villa Glori |
, 5 |
- 26100 |
Cremona |
(CR) |
- IT - |
|
Ex-Postions |
|
Permanent Auditor |
|
|
Tirindelli |
Andrea |
|
|
Born in Cremona |
(CR) |
on 06/07/1961 |
- Fiscal Code : TRNNDR61L06D150C |
|
|
Residence: |
Xi Febbraio |
, 101 |
- 26100 |
Cremona |
(CR) |
- IT - |
|
Ex-Postions |
|
Permanent Auditor |
|
|
Bittanti |
Cesare |
|
|
Born in Cremona |
(CR) |
on 21/09/1966 |
- Fiscal Code : BTTCSR66P21D150V |
|
|
Residence: |
Fulcheria |
, 7 |
- 26100 |
Cremona |
(CR) |
- IT - |
|
Ex-Postions |
|
Auditor |
|
|
Poggio |
Mario |
|
|
Born in Cremona |
(CR) |
on 14/10/1960 |
- Fiscal Code : PGGMRA60R14D150I |
|
|
Residence: |
Caccia |
, 2 |
- 26100 |
Cremona |
(CR) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
Permanent Auditor |
|
|
Guaschi |
Maria Luisa |
|
|
Born in Soresina |
(CR) |
on 23/02/1970 |
- Fiscal Code : GSCMLS70B63I849Y |
|
|
Residence: |
Aporti |
, 33/35 |
- 26100 |
Cremona |
(CR) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
|
Alquati |
Alberto |
|
|
Born in Cremona |
(CR) |
on 16/04/1969 |
- Fiscal Code : LQTLRT69D16D150Y |
|
|
Residence: |
Dante |
, 209 |
- 26100 |
Cremona |
(CR) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
|
Zani |
Giovanni |
|
|
Born in Cremona |
(CR) |
on 19/06/1920 |
- Fiscal Code : ZNAGNN20H19D150Z |
|
|
Residence: |
Trento Trieste |
, 31 |
- 26100 |
Cremona |
(CR) |
- IT - |
|
Ex-Postions |
|
Chairman of the Board of Aud. |
CEASINGS/INCORPORATIONS/MERGES:
|
|
Project of merging by taking over of |
|
|
|
|
San Bernardo |
, 20 |
, 26100 |
, Cremona |
(CR) |
- IT - |
|
|
Fiscal Code: 00208370197 |
|
|
Date |
Merging/splitting-up project: |
30/09/2005 |
|
|
The firm absorbed by merging of |
|
|
|
|
San Bernardo |
, 20 |
, 26100 |
, Cremona |
(CR) |
- IT - |
|
|
Fiscal Code: 00208370197 |
|
|
Date |
: |
29/12/2005 |
|
|
The firm absorbed by merging of |
|
|
|
|
Andrea Maria Ampere |
, 0009 |
, 20131 |
, Milano |
(MI) |
- IT - |
|
|
Fiscal Code: 00745750158 |
|
|
Date |
: |
21/12/2010 |
|
|
The firm absorbed by merging of |
|
|
|
|
S.bernardo |
, 22 |
, 26100 |
, Cremona |
(CR) |
- IT - |
|
|
Fiscal Code: 00914810338 |
|
|
Date |
: |
21/12/2010 |
|
|
Project of merging by taking over of |
|
|
|
|
S.bernardo |
, 22 |
, 26100 |
, Cremona |
(CR) |
- IT - |
|
|
Fiscal Code: 00914810338 |
|
|
Date |
Merging/splitting-up project: |
30/09/2010 |
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 1965.
An eco-fin analysis has been made on the base od the b/s fo the years
2011, 2012 and 2013.
During the last years, it achieved profits (r.o.e. 12,6% on 2013) with a
good increase in turnover (+7,88% in 2013 compared to 2012 and +0,08% in 2012
compared to 2011).
The return on Investment in the last financial year was positive (7,06%)
and in line with the sector's average.
The amount of the operating result for the year 2013 is of Eur.
5.434.879 rising (+72,13%) in relation to the previous year.
The G.O.M. amounted to Eur. 9.727.006 with a 26,44% increase as opposed
to the preceding year.
The company has an excellent net worth if compared to its debts, with a
low indebtedness (0,76) and with an upward trend compared to the previous year.
The equity capital is equal to Eur. 36.218.486 , unchanged as opposed to
the preceding year.
During the last financial year total debts volume reached Eur.
38.855.924 (Eur. 9.297.067 were m/l term ones) , decreasing if compared to 2012
(-24%).
Bank exsposure is limited and the suppliers' credit is modest too, 49,37
gg. is the payment average period lined up with the sector.
The management determines a good range of liquidity.
Accounts receivable average term is 66,54 days. , a value lower than the
sector's average.
During financial year 2013 the cash flow amounted to Eur. 8.836.637
Labour cost expenses amount to Eur. 9.656.937 , representing 9,98% on
the total of production costs. and a 9,66% incidence on sales volumes.
The incidence of the financial charges is of -0,45% on the sales amount.
Financial
Data
|
|
Complete balance-sheet for the year |
al 31/12/2013 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
100.015.814 |
|
Profit (Loss) for the period |
4.562.510 |
|
|
Complete balance-sheet for the year |
al 31/12/2012 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
92.705.657 |
|
Profit (Loss) for the period |
287.801 |
|
|
Complete balance-sheet for the year |
al 31/12/2011 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
92.622.663 |
|
Profit (Loss) for the period |
1.015.008 |
|
|
Complete balance-sheet for the year |
al 31/12/2010 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
83.881.294 |
|
Profit (Loss) for the period |
2.827.909 |
|
|
Complete balance-sheet for the year |
al 31/12/2009 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
71.407.026 |
|
Profit (Loss) for the period |
2.303.056 |
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 |
0,60 |
0,55 |
0,62 |
0,33 |
|
Elasticity Ratio |
Units |
0,40 |
0,44 |
0,38 |
0,65 |
|
Availability of stock |
Units |
0,10 |
0,11 |
0,10 |
0,13 |
|
Total Liquidity Ratio |
Units |
0,30 |
0,33 |
0,28 |
0,47 |
|
Quick Ratio |
Units |
0,03 |
0,00 |
0,01 |
0,01 |
|
COMPOSITION ON
SOURCE |
|||||
|
Net Short-term indebtedness |
Units |
0,76 |
1,14 |
1,10 |
2,40 |
|
Self Financing Ratio |
Units |
0,47 |
0,37 |
0,35 |
0,23 |
|
Capital protection Ratio |
Units |
0,86 |
0,97 |
0,95 |
0,64 |
|
Liabilities consolidation quotient |
Units |
0,36 |
0,46 |
0,61 |
0,31 |
|
Financing |
Units |
1,07 |
1,62 |
1,79 |
2,99 |
|
Permanent Indebtedness Ratio |
Units |
0,61 |
0,56 |
0,60 |
0,43 |
|
M/L term Debts Ratio |
Units |
0,14 |
0,19 |
0,24 |
0,12 |
|
Net Financial Indebtedness Ratio |
Units |
0,60 |
1,22 |
1,35 |
1,39 |
|
CORRELATION |
|||||
|
Fixed assets ratio |
Units |
1,01 |
1,00 |
0,97 |
1,26 |
|
Current ratio |
Units |
1,04 |
1,07 |
0,95 |
1,17 |
|
Acid Test Ratio-Liquidity Ratio |
Units |
0,78 |
0,80 |
0,71 |
0,94 |
|
Structure's primary quotient |
Units |
0,78 |
0,66 |
0,57 |
0,74 |
|
Treasury's primary quotient |
Units |
0,07 |
0,00 |
0,04 |
0,03 |
|
Rate of indebtedness ( Leverage ) |
% |
212,46 |
273,69 |
284,63 |
441,38 |
|
Current Capital ( net ) |
Value |
1.055.002 |
2.573.102 |
-1.693.158 |
741.359 |
|
RETURN |
|||||
|
Return on Sales |
% |
8,84 |
4,67 |
5,74 |
2,22 |
|
Return on Equity - Net- ( R.O.E. ) |
% |
12,60 |
0,91 |
3,21 |
1,88 |
|
Return on Equity - Gross - ( R.O.E. ) |
% |
13,80 |
4,00 |
6,42 |
6,77 |
|
Return on Investment ( R.O.I. ) |
% |
7,06 |
3,64 |
3,44 |
3,89 |
|
Return/ Sales |
% |
5,43 |
3,41 |
3,34 |
2,91 |
|
Extra Management revenues/charges incid. |
% |
83,95 |
9,12 |
32,83 |
17,17 |
|
Cash Flow |
Value |
8.836.637 |
4.330.030 |
5.312.652 |
197.397 |
|
Operating Profit |
Value |
5.434.879 |
3.157.261 |
3.091.294 |
275.911 |
|
Gross Operating Margin |
Value |
9.727.006 |
7.692.490 |
7.412.044 |
489.421 |
|
MANAGEMENT |
|||||
|
Credits to clients average term |
Days |
66,54 |
83,65 |
84,95 |
94,23 |
|
Debts to suppliers average term |
Days |
49,37 |
40,18 |
40,14 |
54,97 |
|
Average stock waiting period |
Days |
27,66 |
38,34 |
34,56 |
31,54 |
|
Rate of capital employed return ( Turnover ) |
Units |
1,30 |
1,07 |
1,03 |
1,46 |
|
Rate of stock return |
Units |
13,02 |
9,39 |
10,42 |
11,40 |
|
Labour cost incidence |
% |
9,66 |
10,52 |
10,64 |
4,90 |
|
Net financial revenues/ charges incidence |
% |
-0,45 |
-0,66 |
-0,96 |
-1,76 |
|
Labour cost on purchasing expenses |
% |
9,98 |
10,72 |
10,80 |
5,09 |
|
Short-term financing charges |
% |
1,26 |
1,75 |
1,62 |
3,82 |
|
Capital on hand |
% |
76,94 |
93,46 |
97,14 |
68,73 |
|
Sales pro employee |
Value |
332.278 |
304.952 |
506.134 |
750.576 |
|
Labour cost pro employee |
Value |
32.082 |
32.080 |
53.865 |
34.578 |
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 221 significant companies.
The companies cash their credits on an average of 94 dd.
The average duration of suppliers debts is about 55 dd.
The sector's profitability is on an average of 2,22%.
The labour cost affects the turnover in the measure of 4,90%.
Goods are held in stock in a range of 32 dd.
The difference between the sales volume and the resources used to
realize it is about 1,46.
The employees costs represent the 5,09% 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 50.886 protested subjects are found; in the province they
count to 1.205.
The insolvency index for the region is 0,55, , while for the province it
is 0,35.
Total Bankrupt companies in the province : 505.
Total Bankrupt companies in the region : 39.612.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.63.58 |
|
|
1 |
Rs.100.30 |
|
Euro |
1 |
Rs.72.38 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
ANK |
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.