MIRA INFORM REPORT
|
Report No. : |
350369 |
|
Report Date : |
18.11.2015 |
IDENTIFICATION DETAILS
|
Name : |
AL.CHI.MI.A. S.R.L. |
|
|
|
|
Registered Office : |
Viale Austria, 14, 35020 - Ponte San Nicolo' (PD) |
|
|
|
|
Country : |
Italy |
|
|
|
|
Financials (as on) : |
31.12.2014 |
|
|
|
|
Date of Incorporation : |
23.11.1993 |
|
|
|
|
Legal Form : |
Limited liability company |
|
|
|
|
Line of Business : |
Manufacture of irradiation, electromedical and electrotherapeutic
equipment |
|
|
|
|
No. of Employee : |
From 11 to 15 |
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 – 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 and address
AL.CHI.MI.A. S.R.L.
Viale Austria, 14,
35020 - Ponte San Nicolo' (PD) -IT-
Summary
|
Fiscal Code |
: |
00063370282 |
|
Legal Form |
: |
Limited liability company |
|
start of Activities |
: |
14/10/1994 |
|
Equity |
: |
2.000.000 |
|
Turnover Range |
: |
3.750.000/5.000.000 |
|
Number of Employees |
: |
from 11 to 15 |
Activity
Manufacture of irradiation, electromedical and electrotherapeutic
equipment
Legal
Data
Legal Form : Limited liability company
|
Fiscal Code : 00063370282 |
|
Chamber of Commerce no. : 246979 of Padova since 09/03/1994 |
|
Firms' Register : 43409 of Padova |
|
V.A.T. Code : 00063370282 |
|
R. E. C. no. : 60715 of Padova |
|
Establishment date |
: 23/11/1993 |
|
|
Start of Activities |
: 14/10/1994 |
|
|
Legal duration |
: 31/12/2050 |
|
|
Nominal Capital |
: 123.760 |
|
|
Subscribed Capital |
: 123.760 |
|
|
Paid up Capital |
: 123.760 |
|
Legal mail : |
ALCHIMIASRL@LEGALMAIL.IT |
Members
|
Signori |
Paolo |
|
Born in Verona |
(VR) |
on 26/07/1963 |
- Fiscal Code : SGNPLA63L26L781C |
|
Residence: |
Belvedere |
, 10 |
- 37131 |
Verona |
(VR) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Board Chairman |
09/07/2015 |
||
|
Director |
09/07/2015 |
||
|
Managing Director |
09/07/2015 |
|
No Prejudicial events are reported |
|
No Protests registered |
|
Bettini |
Enrico |
|
Born in Fiesso d'Artico |
(VE) |
on 31/03/1962 |
- Fiscal Code : BTTNRC62C31D578T |
|
Residence: |
Zuina |
, 79/A |
- 30032 |
Fiesso d'Artico |
(VE) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
09/07/2015 |
||
|
Managing Director |
09/07/2015 |
|
No Prejudicial events are reported |
|
No Protests registered |
|
Beccaro |
Mauro |
|
Born in Padova |
(PD) |
on 04/09/1961 |
- Fiscal Code : BCCMRA61P04G224Z |
|
Residence: |
Guido Franco |
, 99 B |
- 35010 |
Cadoneghe |
(PD) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
09/07/2015 |
||
|
Managing Director |
09/07/2015 |
|
No Prejudicial events are reported |
|
No Protests registered |
|
Candeo Giovanna |
|
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.
|
Signori |
Paolo |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Bbs Srl |
Ponte San Nicolo' (PD) - IT - |
04039600285 |
Director |
Active |
Registered |
|
Bbs Srl |
Ponte San Nicolo' (PD) - IT - |
04039600285 |
Managing
Director |
Active |
Registered |
|
Alchilife S.r.l. |
Ponte San Nicolo' (PD) - IT - |
04644730287 |
Director |
Active |
Registered |
|
Bettini |
Enrico |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Bbs Srl |
Ponte San Nicolo' (PD) - IT - |
04039600285 |
Director |
Active |
Registered |
|
Bbs Srl |
Ponte San Nicolo' (PD) - IT - |
04039600285 |
Managing
Director |
Active |
Registered |
|
Alchilife S.r.l. |
Ponte San Nicolo' (PD) - IT - |
04644730287 |
Director |
Active |
Registered |
|
Alchilife S.r.l. |
Ponte San Nicolo' (PD) - IT - |
04644730287 |
Board Chairman |
Active |
Registered |
|
Beccaro |
Mauro |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Bbs Srl |
Ponte San Nicolo' (PD) - IT - |
04039600285 |
Director |
Active |
Registered |
|
Bbs Srl |
Ponte San Nicolo' (PD) - IT - |
04039600285 |
Managing
Director |
Active |
Registered |
|
Bbs Srl |
Ponte San Nicolo' (PD) - IT - |
04039600285 |
Board Chairman |
Active |
Registered |
|
Alchilife S.r.l. |
Ponte San Nicolo' (PD) - IT - |
04644730287 |
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 |
|
Bbs Srl |
Ponte San Nicolo' - IT - |
04039600285 |
17.680 .Eur |
14,28 |
|
Signori Paolo |
Verona - IT - |
SGNPLA63L26L781C |
35.360 .Eur |
28,57 |
|
Bettini Enrico |
Fiesso d'Artico - IT - |
BTTNRC62C31D578T |
35.360 .Eur |
28,57 |
|
Candeo Giovanna |
CNDGNN63H69B848N |
35.360 .Eur |
28,57 |
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 |
|
Austria |
, 14 |
- 35020 |
- Ponte San Nicolo' |
(PD) |
- IT - |
|
PHONE |
: 49 |
|
FAX |
: 49 |
|
Legal mail |
: ALCHIMIASRL@LEGALMAIL.IT |
|
Employees |
: 14 |
|
Fittings and Equipment for a value of 270.000 |
Eur |
|
Stocks for a value of 460.000 |
Eur |
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
Subject is active since 1994
The economic-financial analysis has been made on the base of the b/s of
the latests three years.
Under an economic point of view, profits were registered during the last
years with a r.o.e. of 37,03% in 2014 but without a significant increase in the
turnover.
The operating result in 2014 was positive (23,47%) and even better than
sector's average.
The amount of the operating result for the year 2014 is of Eur. 784.081
showing an upward trend more then 100% compared to the previous financial year.
The economic management produced a gross operating margin of Eur.
887.738 showing an upward trend if compared to 2013.
Very good financial situation: shareholder's equity covers short-terms
debts with an indebtedness level equal to 0,05 lower than in 2013.
Subject can manage an equity capital funds for an amount of Eur.
1.509.174 , unchanged if compared to 2013.
Total indebtedness was equal to Eur. 1.206.269 (Eur. 339.400 was the
value of m/l term debts) with a growth equal to 30,39%.
The company does not exceed in bank borrowings; the recourse to
suppliers' credit is also limited below field's average.
The management determines a good range of liquidity.
Accounts receivable average term is high (100,16 days). but on the same
levels as the average of the sector.
2014 financial year closed with a cash flow of Eur. 662.550
Labour cost amounts to Eur. 592.630, with a 15,75% incidence on
production costs. , with a 13,21% incidence on turnover.
The financial management has a limited economic impact, equal to -0,35%
on the sales.
Financial Data
|
Complete balance-sheet for the year |
al 31/12/2014 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
4.485.137 |
|
Profit (Loss) for the period |
558.893 |
|
Complete balance-sheet for the year |
al 31/12/2013 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
4.289.775 |
|
Profit (Loss) for the period |
367.095 |
|
Complete balance-sheet for the year |
al 31/12/2012 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
4.234.113 |
|
Profit (Loss) for the period |
250.431 |
|
Complete balance-sheet for the year |
al 31/12/2011 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
3.900.610 |
|
Profit (Loss) for the period |
232.134 |
|
Complete balance-sheet for the year |
al 31/12/2010 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
3.599.181 |
|
Profit (Loss) for the period |
114.159 |
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 31/12/2014 - 12 Mesi - Currency: - Amounts x 1 |
|
- 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 |
|
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|
|
RATIOS |
Value Type |
as at 31/12/2014 |
as at 31/12/2013 |
as at 31/12/2012 |
Sector Average |
|
COMPOSITION ON
INVESTMENT |
|||||
|
Rigidity Ratio |
Units |
0,15 |
0,26 |
0,13 |
0,18 |
|
Elasticity Ratio |
Units |
0,82 |
0,72 |
0,84 |
0,78 |
|
Availability of stock |
Units |
0,14 |
0,13 |
0,16 |
0,21 |
|
Total Liquidity Ratio |
Units |
0,68 |
0,59 |
0,68 |
0,51 |
|
Quick Ratio |
Units |
0,24 |
0,16 |
0,16 |
0,04 |
|
COMPOSITION ON
SOURCE |
|||||
|
Net Short-term indebtedness |
Units |
0,05 |
0,10 |
0,31 |
2,10 |
|
Self Financing Ratio |
Units |
0,45 |
0,50 |
0,47 |
0,25 |
|
Capital protection Ratio |
Units |
0,55 |
0,71 |
0,72 |
0,72 |
|
Liabilities consolidation quotient |
Units |
0,65 |
0,72 |
0,28 |
0,20 |
|
Financing |
Units |
0,80 |
0,58 |
0,65 |
2,77 |
|
Permanent Indebtedness Ratio |
Units |
0,62 |
0,65 |
0,55 |
0,42 |
|
M/L term Debts Ratio |
Units |
0,17 |
0,15 |
0,08 |
0,10 |
|
Net Financial Indebtedness Ratio |
Units |
0,00 |
0,00 |
0,00 |
0,66 |
|
CORRELATION |
|||||
|
Fixed assets ratio |
Units |
4,14 |
2,55 |
4,23 |
1,67 |
|
Current ratio |
Units |
3,14 |
3,49 |
2,77 |
1,29 |
|
Acid Test Ratio-Liquidity Ratio |
Units |
2,61 |
2,84 |
2,23 |
0,89 |
|
Structure's primary quotient |
Units |
3,01 |
1,97 |
3,58 |
1,07 |
|
Treasury's primary quotient |
Units |
0,92 |
0,75 |
0,52 |
0,09 |
|
Rate of indebtedness ( Leverage ) |
% |
221,36 |
198,84 |
213,46 |
391,64 |
|
Current Capital ( net ) |
Value |
1.858.508 |
1.621.953 |
1.395.449 |
649.109 |
|
RETURN |
|||||
|
Return on Sales |
% |
14,77 |
11,52 |
8,79 |
3,67 |
|
Return on Equity - Net- ( R.O.E. ) |
% |
37,03 |
23,09 |
20,48 |
5,57 |
|
Return on Equity - Gross - ( R.O.E. ) |
% |
56,58 |
30,33 |
32,97 |
15,37 |
|
Return on Investment ( R.O.I. ) |
% |
23,47 |
9,08 |
16,77 |
4,68 |
|
Return/ Sales |
% |
17,48 |
6,69 |
10,34 |
4,26 |
|
Extra Management revenues/charges incid. |
% |
71,28 |
127,95 |
57,20 |
23,72 |
|
Cash Flow |
Value |
662.550 |
494.302 |
372.358 |
124.367 |
|
Operating Profit |
Value |
784.081 |
286.908 |
437.797 |
167.285 |
|
Gross Operating Margin |
Value |
887.738 |
414.115 |
559.724 |
316.896 |
|
MANAGEMENT |
|||||
|
Credits to clients average term |
Days |
100,16 |
93,38 |
96,41 |
111,74 |
|
Debts to suppliers average term |
Days |
54,49 |
44,80 |
52,43 |
115,66 |
|
Average stock waiting period |
Days |
37,32 |
35,46 |
35,79 |
63,87 |
|
Rate of capital employed return ( Turnover ) |
Units |
1,34 |
1,36 |
1,62 |
1,17 |
|
Rate of stock return |
Units |
9,65 |
10,15 |
10,06 |
5,58 |
|
Labour cost incidence |
% |
13,21 |
13,54 |
14,21 |
19,50 |
|
Net financial revenues/ charges incidence |
% |
-0,35 |
-0,86 |
-1,86 |
-1,37 |
|
Labour cost on purchasing expenses |
% |
15,75 |
14,55 |
15,37 |
20,26 |
|
Short-term financing charges |
% |
1,33 |
4,05 |
10,09 |
2,70 |
|
Capital on hand |
% |
74,48 |
73,70 |
61,65 |
85,54 |
|
Sales pro employee |
Value |
249.174 |
238.320 |
235.228 |
218.436 |
|
Labour cost pro employee |
Value |
32.923 |
32.260 |
33.418 |
34.902 |
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 564 significant companies.
The companies cash their credits on an average of 112 dd.
The average duration of suppliers debts is about 116 dd.
The sector's profitability is on an average of 3,67%.
The labour cost affects the turnover in the measure of 19,50%.
Goods are held in stock in a range of 64 dd.
The difference between the sales volume and the resources used to
realize it is about 1,17.
The employees costs represent the 20,26% 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 13.782 protested subjects are found; in the province they
count to 2.646.
The insolvency index for the region is 0,30, , while for the province it
is 0,30.
Total Bankrupt companies in the province : 3.821.
Total Bankrupt companies in the region : 16.714.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.65.98 |
|
|
1 |
Rs.100.11 |
|
Euro |
1 |
Rs.70.35 |
INFORMATION DETAILS
|
Analysis Done by
: |
KIN |
|
|
|
|
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.