MIRA INFORM REPORT
|
Report No. : |
345591 |
|
Report Date : |
20.10.2015 |
IDENTIFICATION DETAILS
|
Name : |
BORRIELLO MASSIMO |
|
|
|
|
Registered Office : |
Via Montedoro, 19 80059 - Torre del Greco (NA) |
|
|
|
|
Country : |
Italy |
|
|
|
|
Date of Incorporation : |
25.11.1997 |
|
|
|
|
Legal Form : |
Sole proprietorship |
|
|
|
|
LINE OF BUSINESS : |
|
|
|
|
|
No. of Employee : |
From 1 to 5 |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively below
average. |
Small |
|
Status : |
Moderate |
|
|
|
|
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 and address
|
BORRIELLO MASSIMO |
|
Via Montedoro, 19 80059 - Torre del Greco (NA) -IT- |
Summary
|
Fiscal Code |
: |
BRRMSM67L30L259D |
|
Legal Form |
: |
Sole proprietorship |
|
start of Activities |
: |
25/11/1997 |
|
Turnover Range |
: |
375.000/500.000 |
|
Number of Employees |
: |
from 1 to 5 |
Activity
Shaping of precious and semi-precious stones for
jewellery and for Industrial use
Wholesale of clocks, watches and jewellery
Retail sale of watches, jewellery and
silverware
Legal Data
Legal Form : Sole proprietorship
|
Fiscal Code : BRRMSM67L30L259D |
|
Foreign Trade Reg. no. : NA029382 since 09/06/1998 |
|
Foreign Trade Reg. no. : 029382 of Napoli
since 09/06/1998 |
|
Chamber of Commerce no. : 599649 of Napoli
since 18/03/1998 |
|
Firms' Register : NA-1998-38479 of Napoli
since 20/03/1998 |
|
V.A.T. Code : 03144821216 |
|
R. E. C. no. : 121709 of Napoli since
04/09/1991 |
|
Start of Activities |
: 25/11/1997 |
|
Legal mail : |
BORRIELLOMASSIMO@PEC.IT |
Members
|
Borriello |
Massimo |
|
Born in Torre del Greco |
(NA) |
on 30/07/1967 |
- Fiscal Code : BRRMSM67L30L259D |
|
Residence: |
Delle Mimose |
, 8 |
- 80056 |
Ercolano |
(NA) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Proprietor |
|
No Prejudicial events are reported |
|
No Protests registered |
Companies connected to members *
*checkings have been performed on a national
scale.
In this module the companies in which members
hold/held positions are listed.
The Members of the subject firm are not
reported to be Members in other companies.
Direct Participations
The Company under review has no
participations in other Companies.
Firm's location and structure
In order to carry out its activities the firm
uses the following locations:
|
- |
Legal and operative seat |
|
Montedoro |
, 19 |
- 80059 |
- Torre del Greco |
(NA) |
- IT - |
|
Trading Style: CORALLI e PERLE |
|
PHONE |
: 0818826072 |
|
Legal mail |
: BORRIELLOMASSIMO@PEC.IT |
|
Employees |
: 1 |
|
Assistants |
: 1 |
Data Base Prejudicial Events Search
Search performed on a National Scale
|
Prejudicial Events Search Result: NEGATIVE |
Search performed on a specialized data base.
Legal Procedures
None reported, standing to the latest received
edition of the Official Publications.
Financial and Economical Analysis
The subject has operated for along.
Liquid means are adequate to meet company
requirements.
Subject's payment experiences we record are
all positive.
Modest indebtedeness. Subject never exceeded
the normal levels of
supplier and bank credit.
No irregularities are registered.
Correct trade relations. No meaningful remark
is expressed by
usual suppliers.
Financial Data
|
Estimated Financial Data |
|
Item Type |
Value |
|
Sales |
400.000 |
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 |
: |
|
3.092.859Monthly 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 2.211
significant companies.
The companies cash their credits on an
average of 26 dd.
The average duration of suppliers debts is
about 153 dd.
The sector's profitability is on an average
of 2,62%.
The labour cost affects the turnover in the
measure of 10,29%.
Goods are held in stock in a range of 159 dd.
The difference between the sales volume and
the resources used to realize it is about 1,10.
The employees costs represent the 10,25% of
the production costs.
Statistical Detrimental Data
Statistcally the trade activity shows periods
of crisis.
The area is statistically considered
remarkably risky.
In the region 80.616 protested subjects are
found; in the province they count to 41.815.
The insolvency index for the region is 1,40,
, while for the province it is 1,36.
Total Bankrupt companies in the province :
18.217.
Total Bankrupt companies in the region :
28.514.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.64.82 |
|
|
1 |
Rs.100.12 |
|
Euro |
1 |
Rs.73.75 |
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.