MIRA INFORM REPORT
|
Report No. : |
344373 |
|
Report Date : |
15.10.2015 |
IDENTIFICATION DETAILS
|
Name : |
I.D.S. - INGEGNERIA DEI SISTEMI - S.P.A. |
|
|
|
|
Registered Office : |
Via Enrica Calabresi, 24 Montacchiello, 56121 - Pisa (PI) -IT- |
|
|
|
|
Country : |
Italy |
|
|
|
|
Financials (as on) : |
31.12.2014 |
|
|
|
|
Date of Incorporation : |
27.09.1980 |
|
|
|
|
Legal Form : |
Joint Stock Company |
|
|
|
|
Line of Business : |
Manufacture of Electrical and Electronic Equipment For Television
Broadcasting |
|
|
|
|
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 : |
Slow but correct |
|
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 & address
I.D.S. - INGEGNERIA DEI SISTEMI - S.P.A.
Via Enrica
Calabresi, 24 Montacchiello
56121 - Pisa (PI) -IT-
Summary
|
Fiscal Code |
: |
00672210507 |
|
Legal Form |
: |
Joint stock company |
|
start of Activities |
: |
27/09/1980 |
|
Equity |
: |
Over 2.582.254 |
|
Turnover Range |
: |
35.000.000/50.000.000 |
|
Number of Employees |
: |
from 251 to 500 |
Activity
Manufacture of electrical and electronic equipment for television
broadcasting
Legal
Data
Legal Form : Joint stock company
|
Fiscal Code : 00672210507 |
|
Chamber of Commerce no. : 195313 of Catanzaro |
|
Chamber of Commerce no. : 320003 of Genova |
|
Chamber of Commerce no. : 857168 of Napoli |
|
Chamber of Commerce no. : 77042 of Pisa since 21/11/1980 |
|
Chamber of Commerce no. : 671170 of Roma |
|
Chamber of Commerce no. : 119243 of La Spezia |
|
Chamber of Commerce no. : 122720 of La Spezia |
|
Chamber of Commerce no. : 187247 of Taranto |
|
Chamber of Commerce no. : 286706 of Varese |
|
Firms' Register : PI026-6528 of Pisa since 19/02/1996 |
|
V.A.T. Code : 00672210507 |
|
Establishment date |
: 27/09/1980 |
|
|
Start of Activities |
: 27/09/1980 |
|
|
Legal duration |
: 31/12/2025 |
|
|
Nominal Capital |
: 13.171.240 |
|
|
Subscribed Capital |
: 13.171.240 |
|
|
Paid up Capital |
: 13.171.240 |
|
Legal mail : |
IDS-SPA@PEC.IT |
Members
|
|
Parente |
Alberico |
|
|
Born in Forchia |
(BN) |
on 27/02/1960 |
- Fiscal Code : PRNLRC60B27D693Z |
|
|
Residence: |
Voltaire |
, 91 |
- 00100 |
Roma |
(RM) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
10/03/2006 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Bardelli |
Giovanni |
|
|
Born in Pisa |
(PI) |
on 08/05/1950 |
- Fiscal Code : BRDGNN50E08G702C |
|
|
Residence: |
Ugo Inchiostri |
, 54 INT.4 |
- 00143 |
Roma |
(RM) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
10/03/2006 |
||
|
Director |
29/04/2015 |
||
|
Board Chairman |
29/04/2015 |
||
|
Managing Director |
29/04/2015 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Bicci |
Alberto |
|
|
Born in Fucecchio |
(FI) |
on 24/05/1961 |
- Fiscal Code : BCCLRT61E24D815N |
|
|
Residence: |
Giovanni Xxiii |
- 50053 |
Empoli |
(FI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
10/03/2006 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Novembrini |
Giovanni |
|
|
Born in Massarosa |
(LU) |
on 20/01/1967 |
- Fiscal Code : NVMGNN67A20F035Q |
|
|
Residence: |
Ginese |
, 58/1 |
- 55054 |
Massarosa |
(LU) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
10/03/2006 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Cappagli |
Paolo |
|
|
Born in Pisa |
(PI) |
on 28/07/1963 |
- Fiscal Code : CPPPLA63L28G702J |
|
|
Residence: |
Garzella |
, 13/M |
- 56021 |
Cascina |
(PI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
|
|
No Protests registered |
|
|
Muciaccia |
Enzo |
|
|
Born in Milano |
(MI) |
on 22/08/1958 |
- Fiscal Code : MCCNZE58M22F205E |
|
|
Residence: |
Ugo Da Como |
, 7 |
- 00139 |
Roma |
(RM) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
23/05/2011 |
|
|
No Protests registered |
|
|
Percivale |
Giovanni |
|
|
Born in Pontedera |
(PI) |
on 29/04/1971 |
- Fiscal Code : PRCGNN71D29G843S |
|
|
Residence: |
Matteotti |
, 7/B |
- 56032 |
Buti |
(PI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
20/09/2011 |
|
|
No Protests registered |
|
|
Cafiero |
Cristiana |
|
|
Born in Roma |
(RM) |
on 05/09/1974 |
- Fiscal Code : CFRCST74P45H501I |
|
|
Residence: |
Doberdo' |
, 84 |
- 00054 |
Fiumicino |
(RM) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
08/11/2012 |
|
|
No Protests registered |
|
|
Torlucci |
Domenico |
|
|
Born in Pescopagano |
(PZ) |
on 11/12/1952 |
- Fiscal Code : TRLDNC52T11G496Z |
|
|
Residence: |
Cherso |
, 186 |
- 00177 |
Roma |
(RM) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
13/03/2015 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Societa' Italiana Per Le Imprese All'es |
tero - Simest S.p.a. |
|
|
Residence: |
Vittorio Emanuele Ii |
, 323 |
- 00186 |
Roma |
(RM) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Partner |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Finsis S.p.a. |
|
|
: |
Enrica Calabresi |
, 24 |
- 56121 |
Pisa |
(PI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Partner |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Nucci |
Giorgio |
|
|
Born in Roma |
(RM) |
on 22/02/1936 |
- Fiscal Code : NCCGRG36B22H501J |
|
|
Residence: |
A. Torlonia |
, 10 |
- 00161 |
Roma |
(RM) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Managing Director |
29/04/2015 |
||
|
Director |
29/04/2015 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Formato |
Domenico |
|
|
Born in San Severo |
(FG) |
on 15/05/1930 |
- Fiscal Code : FRMDNC30E15I158F |
|
|
Residence: |
Nicola Festa |
, 13 |
- 00100 |
Roma |
(RM) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
29/04/2015 |
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.
|
|
Nucci |
Giorgio |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Sistemi Nalder - Societa A Responsabilita Limitata |
Roma (RM) - IT - |
06459790587 |
Sole Director |
Active |
Registered |
|
Finsis S.p.a. |
Pisa (PI) - IT - |
06621090585 |
Director |
Active |
Registered |
|
Azienda Agricola Faleri Societa' Semplice |
Ronciglione (VT) - IT - |
80025220569 |
Partner |
Active |
Registered |
|
|
Bardelli |
Giovanni |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Finsis S.p.a. |
Pisa (PI) - IT - |
06621090585 |
Managing
Director |
Active |
Registered |
|
Finsis S.p.a. |
Pisa (PI) - IT - |
06621090585 |
Director |
Active |
Registered |
|
Sistemi Dinamici S.p.a. |
Pisa (PI) - IT - |
01148640509 |
Managing
Director |
Active |
Registered |
|
Sistemi Dinamici S.p.a. |
Pisa (PI) - IT - |
01148640509 |
Director |
Active |
Registered |
|
S.t.c. - Studio Tecnico Di Consulenza S.r.l. |
Pisa (PI) - IT - |
01797990502 |
Managing
Director |
Withdrawn |
Registered |
|
S.t.c. - Studio Tecnico Di Consulenza S.r.l. |
Pisa (PI) - IT - |
01797990502 |
Director |
Active |
Registered |
|
S.t.c. - Studio Tecnico Di Consulenza S.r.l. |
Pisa (PI) - IT - |
01797990502 |
Director |
Withdrawn |
Registered |
|
Sara - Sardegna Ambiente *sara |
Cagliari (CA) - IT - |
01974170928 |
Memb. of the
Steering Committee |
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 |
|
Bettini Giuliano |
ROSIGNANO SOLVAY - IT - |
BTTGLN43C05A944Q |
136.500 .Eur |
1,03 |
|
Rauber Riccardo |
Pisa - IT - |
RBRRCR48A25B354H |
500.000 .Eur |
3,79 |
|
Finsis S.p.a. |
Pisa - IT - |
06621090585 |
8.508.510 .Eur |
64,59 |
|
Societa' Italiana Per Le Imprese All'es tero - Simest S.p.a. |
Roma - IT - |
04102891001 |
3.171.240 .Eur |
24,07 |
|
Giubbolini Marco |
Roma - IT - |
GBBMRC49E26G254D |
282.280 .Eur |
2,14 |
|
Parente Alberico |
Roma - IT - |
PRNLRC60B27D693Z |
97.710 .Eur |
0,74 |
|
Iorio Cesare |
Pisa - IT - |
RIOCSR31M01H501A |
175.000 .Eur |
1,32 |
|
Grippa Maria Antonietta |
GRPMNT42C55B644T |
300.000 .Eur |
2,27 |
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 |
|
Finsis S.p.a. |
Pisa - IT - |
06621090585 |
83.200 .Eur |
10,00 |
Active |
||
|
Sistemi Dinamici S.p.a. |
Pisa - IT - |
01148640509 |
120.000 .Eur |
60,00 |
Active |
||
|
Distretto Ligure Delle Tecnologie Marine Societa' Consortile A Re |
La Spezia - IT - |
01303220113 |
20.000 .Eur |
1,75 |
Active |
||
|
Consorzio Matelios - Distretto Tecnologi co Sui Materiali Avanzati Per
Le Energie |
Rende - IT - |
03257660781 |
Active |
||||
|
Ditecfer - Distretto Per Le Tecnologie F erroviarie, L'alta Veloci Ta'
E La Sicur |
01842130476 |
1.000 .Eur |
3,33 |
Active |
|||
|
Rob.int S.r.l. |
02173400504 |
80.000 .Eur |
80,00 |
Active |
|||
|
Stars - Railway Systems |
12988341009 |
Active |
Firm's
location and structure
In order to carry out its activities the firm uses the following
locations:
|
- |
Legal and operative seat |
|
Enrica Calabresi |
, 24 |
- 56100 |
- Pisa |
(PI) |
- IT - |
|
PHONE |
: 0503124211 |
|
Legal mail |
: IDS-SPA@PEC.IT |
|
- |
Branch |
(office) |
since 01/12/1994 |
|
Flaminia |
, 1068 |
- 00100 |
- Roma |
(RM) |
- IT - |
|
- |
Branch |
(office) |
since 01/07/2012 |
|
Aurelia |
, 168 |
- 19034 |
- Ortonovo |
(SP) |
- IT - |
|
- |
Branch |
(office) |
since 17/10/2011 |
|
Fulco Ruffo Di Calabria |
, SNC |
- 80100 |
- Napoli |
(NA) |
- IT - |
|
- |
Branch |
(office) |
since 01/10/2013 |
|
Girello |
, SNC |
- 88050 |
- San Floro |
(CZ) |
- IT - |
|
- |
Branch |
since 09/03/2015 |
|
Grottaglie-monteiasi |
, 82 |
- 74023 |
- Grottaglie |
(TA) |
- IT - |
|
Employees |
: 383 |
|
Assistants |
: 1 |
|
Fittings and Equipment for a value of 3.120.000 |
Eur |
|
Stocks for a value of 5.370.000 |
Eur |
|
Work in progress for a value of 3.540.000 |
Eur |
Historical
Information and/or Firm's Status
CHANGES TO THE LEGAL FORM:
|
Former legal form |
New legal form |
Changement Date |
|
Limited liability company |
Joint stock company |
21/06/1982 |
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: |
|
|
Prejudicial Events found with cancellations* |
Legal Mortgage on 12/04/2007. for an amount of 6.385 Euro.
Event writing-off
|
EQUITALIA GET S.P.A. |
Search performed on a specialized data base.
*Concerns also partially erased events.
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 1980.
Balance sheets for the years 2012, 2013 and 2014 were analyzed.
Unstable economic results mark the company's financial state of affairs.
with a profit (r.o.e. 5,46%) in the last financial year
The operating result was positive in the last financial year (3,62%)
falling within the field's average.
The operating result is positive and amounts to Eur. 2.668.038 with an
increase of more then 100% if the compared to the previous financial year.
The gross operating margin of the latest financial year is of Eur.
5.838.708 showing a 87,93% growth.
The financial status of the company is fairly balanced with an
indebtedness level of 1,29 but with an increase as against the previous
accounting period.
It's shareholders funds amount to Eur. 23.285.398 , unchanged as opposed
to the preceding year.
Total indebtedness was equal to Eur. 41.616.651 (Eur. 10.020.120 was the
value of m/l term debts) showing a stable trend as opposed to 2013 (Eur.
38.902.878).
The financial exposure is moderate, on the other hand the recourse to
commercial credit is high, with a high average payment period but lined up with
the field's average.
Neverthless available funds are good.
Trade credits are collected slowly, average term is 172,88 days. and
higher than the average of the sector.
2014 financial year closed with a cash flow of Eur. 4.047.065
Labour cost amounts to Eur. 19.860.374, with a 42,51% incidence on
production costs. and a 50,01% 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 31/12/2014 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
39.708.854 |
|
Profit (Loss) for the period |
1.271.622 |
|
|
Complete balance-sheet for the year |
al 31/12/2013 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
38.683.176 |
|
Profit (Loss) for the period |
-970.110 |
|
|
Complete balance-sheet for the year |
al 31/12/2012 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
42.252.082 |
|
Profit (Loss) for the period |
2.075.078 |
|
|
Complete balance-sheet for the year |
al 31/12/2011 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
44.805.314 |
|
Profit (Loss) for the period |
989.568 |
|
|
Complete balance-sheet for the year |
al 31/12/2010 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
35.082.936 |
|
Profit (Loss) for the period |
1.790.428 |
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 |
0,31 |
0,30 |
0,28 |
0,22 |
|
Elasticity Ratio |
Units |
0,67 |
0,68 |
0,69 |
0,77 |
|
Availability of stock |
Units |
0,07 |
0,06 |
0,06 |
0,19 |
|
Total Liquidity Ratio |
Units |
0,60 |
0,63 |
0,63 |
0,54 |
|
Quick Ratio |
Units |
0,02 |
0,12 |
0,05 |
0,02 |
|
COMPOSITION ON
SOURCE |
|||||
|
Net Short-term indebtedness |
Units |
1,29 |
0,74 |
1,49 |
2,61 |
|
Self Financing Ratio |
Units |
0,32 |
0,33 |
0,25 |
0,21 |
|
Capital protection Ratio |
Units |
0,38 |
0,46 |
0,36 |
0,63 |
|
Liabilities consolidation quotient |
Units |
0,35 |
0,62 |
0,53 |
0,19 |
|
Financing |
Units |
1,79 |
1,73 |
2,52 |
3,38 |
|
Permanent Indebtedness Ratio |
Units |
0,47 |
0,55 |
0,47 |
0,38 |
|
M/L term Debts Ratio |
Units |
0,15 |
0,22 |
0,22 |
0,10 |
|
Net Financial Indebtedness Ratio |
Units |
0,90 |
0,63 |
1,15 |
0,68 |
|
CORRELATION |
|||||
|
Fixed assets ratio |
Units |
1,51 |
1,84 |
1,67 |
1,72 |
|
Current ratio |
Units |
1,57 |
1,91 |
1,64 |
1,22 |
|
Acid Test Ratio-Liquidity Ratio |
Units |
1,40 |
1,75 |
1,50 |
0,94 |
|
Structure's primary quotient |
Units |
1,02 |
1,09 |
0,88 |
1,11 |
|
Treasury's primary quotient |
Units |
0,05 |
0,32 |
0,12 |
0,05 |
|
Rate of indebtedness ( Leverage ) |
% |
316,95 |
306,70 |
403,35 |
481,59 |
|
Current Capital ( net ) |
Value |
18.002.085 |
22.379.520 |
16.376.471 |
782.643 |
|
RETURN |
|||||
|
Return on Sales |
% |
10,19 |
4,93 |
11,50 |
3,73 |
|
Return on Equity - Net- ( R.O.E. ) |
% |
5,46 |
-4,31 |
13,84 |
3,77 |
|
Return on Equity - Gross - ( R.O.E. ) |
% |
10,86 |
-2,64 |
22,27 |
12,35 |
|
Return on Investment ( R.O.I. ) |
% |
3,62 |
-0,54 |
5,07 |
4,22 |
|
Return/ Sales |
% |
6,72 |
-0,96 |
7,25 |
4,96 |
|
Extra Management revenues/charges incid. |
% |
47,66 |
n.c. |
67,69 |
22,37 |
|
Cash Flow |
Value |
4.047.065 |
1.907.431 |
4.857.279 |
214.298 |
|
Operating Profit |
Value |
2.668.038 |
-372.415 |
3.065.353 |
222.750 |
|
Gross Operating Margin |
Value |
5.838.708 |
3.106.725 |
6.432.700 |
533.748 |
|
MANAGEMENT |
|||||
|
Credits to clients average term |
Days |
172,88 |
163,82 |
134,23 |
136,77 |
|
Debts to suppliers average term |
Days |
153,76 |
133,91 |
124,46 |
148,40 |
|
Average stock waiting period |
Days |
48,71 |
36,12 |
30,61 |
60,75 |
|
Rate of capital employed return ( Turnover ) |
Units |
0,54 |
0,56 |
0,70 |
1,02 |
|
Rate of stock return |
Units |
7,39 |
9,97 |
11,76 |
5,89 |
|
Labour cost incidence |
% |
50,01 |
51,32 |
43,29 |
20,31 |
|
Net financial revenues/ charges incidence |
% |
-0,45 |
-1,00 |
-0,59 |
-1,36 |
|
Labour cost on purchasing expenses |
% |
42,51 |
43,60 |
40,75 |
19,93 |
|
Short-term financing charges |
% |
0,87 |
2,37 |
2,69 |
3,07 |
|
Capital on hand |
% |
185,86 |
178,50 |
143,15 |
97,57 |
|
Sales pro employee |
Value |
64.046 |
62.392 |
73.996 |
192.305 |
|
Labour cost pro employee |
Value |
32.032 |
32.020 |
32.036 |
34.434 |
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 739 significant companies.
The companies cash their credits on an average of 137 dd.
The average duration of suppliers debts is about 148 dd.
The sector's profitability is on an average of 3,73%.
The labour cost affects the turnover in the measure of 20,31%.
Goods are held in stock in a range of 61 dd.
The difference between the sales volume and the resources used to
realize it is about 1,02.
The employees costs represent the 19,93% 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 24.960 protested subjects are found; in the province they
count to 2.664.
The insolvency index for the region is 0,70, , while for the province it
is 0,68.
Total Bankrupt companies in the province : 1.648.
Total Bankrupt companies in the region : 20.423.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.65.11 |
|
|
1 |
Rs.99.50 |
|
Euro |
1 |
Rs.74.24 |
INFORMATION DETAILS
|
Analysis Done by
: |
KIN |
|
|
|
|
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.