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3decades

 

MIRA INFORM REPORT

 

 

Report No. :

505969

Report Date :

30.04.2018

 

 

IDENTIFICATION DETAILS

 

Name :

RGPBALLS S.R.L.

 

 

Registered Office :

Via De Amicis,  59C-61A

20092 - Cinisello Balsamo (MI)

 

 

Country :

Italy

 

 

Financials (as on) :

31.12.2016

 

 

Date of Incorporation :

29.05.2014

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

Wholesale of Ironmongery and Other Metals (Hardware)

 

 

No. of Employees :

From 36 to 50

 

 

RATING & COMMENTS

(Mira Inform has adopted New Rating mechanism w.e.f. 23rd January 2017)

 

MIRA’s Rating :

B

 

Credit Rating

Explanation

 

Rating Comments

B

Medium Risk

Business dealings permissible on a regular monitoring basis

 

 

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

 

Country Name

Previous Rating

(30.09.2017)

Current Rating

(31.12.2017)

Italy

A1

A1

 

Risk Category

ECGC

Classification

Insignificant

 

A1

Low Risk

 

A2

Moderately Low Risk

 

B1

Moderate Risk

 

B2

Moderately High Risk

 

C1

High Risk

 

C2

Very High Risk

 

D

 


 

ITALY - ECONOMIC OVERVIEW

 

Italy’s economy compromises a developed industrial north, dominated by private companies, and a less-developed, highly subsidized, agricultural south, with a legacy of unemployment and underdevelopment. 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, reaching 131% of GDP in 2017. 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 longstanding structural economic problems, including labor market inefficiencies, a sluggish judicial system, and a weak banking sector. Italy’s economy returned to modest growth in late 2014 for the first time since 2011. In 2015-16, Italy’s economy grew at about 1% each year, and in 2017 growth accelerated to 1.5% of GDP. In 2017, overall unemployment was 11.4%, but youth unemployment remained high at 37.1%.

 

 

Source : CIA

 

 


 

COMPANY NAME AND ADDRESS

 

RGPBALLS S.R.L.

 

Via De Amicis,  59C-61A

 

20092 - Cinisello Balsamo (MI) -IT-

 

 

Summary

 

Fiscal Code

:

08678490965

Legal Form

:

Limited liability company

start of Activities

:

24/06/2014

Equity

:

750.000

Turnover Range

:

9.000.000/10.000.000

Number of Employees

:

from 36 to 50

 

 

Activity

 

Wholesale of ironmongery and other metals (hardware)

 

 

Legal Data

 

Legal Form : Limited liability company

Fiscal Code : 08678490965

 

Chamber of Commerce no. : 2042305 of Milano since 13/06/2014

 

V.A.T. Code : 08678490965

 

Establishment date

: 29/05/2014

Start of Activities

: 24/06/2014

Legal duration

: 31/12/2050

Nominal Capital

: 50.000

 

Subscribed Capital

: 50.000

 

Paid up Capital

: 50.000

 

 

Legal mail :

VALENTINA.RIVA@PEC.RGPBALLS.IT

 

Legal mail :

VALENTINA.RIVA@PEC.RGPBALLS.IT

 

 

Members

 

Description: \\vivek-pc\E\2\Rgpballs S.r.l. - Vs. Rif. 505969_files\Verde.gif

Riva

Valentina

 

Description: \\vivek-pc\E\2\Rgpballs S.r.l. - Vs. Rif. 505969_files\Vuoto.gif

 

Born in Milano

(MI)

on 19/01/1984

- Fiscal Code : RVIVNT84A59F205Z

 

Description: \\vivek-pc\E\2\Rgpballs S.r.l. - Vs. Rif. 505969_files\Vuoto.gif

 

Residence:

 

Lamarmora

, 11

- 20835

Muggio'

(MB)

- IT -

 

Position

Since

Shares Amount

% Ownership

Board Chairman

29/05/2014

 

 

Director

29/05/2014

 

 

Managing Director

24/06/2014

 

 

 

Description: \\vivek-pc\E\2\Rgpballs S.r.l. - Vs. Rif. 505969_files\Vuoto.gif

No Prejudicial events are reported

 

Description: \\vivek-pc\E\2\Rgpballs S.r.l. - Vs. Rif. 505969_files\Vuoto.gif

No Protests registered

 

Description: \\vivek-pc\E\2\Rgpballs S.r.l. - Vs. Rif. 505969_files\Verde.gif

Riva

Alessandro

 

Description: \\vivek-pc\E\2\Rgpballs S.r.l. - Vs. Rif. 505969_files\Vuoto.gif

 

Born in Milano

(MI)

on 04/06/1989

- Fiscal Code : RVILSN89H04F205F

 

Description: \\vivek-pc\E\2\Rgpballs S.r.l. - Vs. Rif. 505969_files\Vuoto.gif

 

Residence:

 

Lamarmora

, 11

- 20835

Muggio'

(MB)

- IT -

 

Position

Since

Shares Amount

% Ownership

Director

29/05/2014

 

 

Managing Director

24/06/2014

 

 

 

Description: \\vivek-pc\E\2\Rgpballs S.r.l. - Vs. Rif. 505969_files\Vuoto.gif

No Prejudicial events are reported

 

Description: \\vivek-pc\E\2\Rgpballs S.r.l. - Vs. Rif. 505969_files\Vuoto.gif

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.

 

Description: \\vivek-pc\E\2\Rgpballs S.r.l. - Vs. Rif. 505969_files\Verde.gif

Riva

Valentina

 

Firm's Style

Seat

Fiscal Code

Position

Position Status

Firm's Status

Rgp International Srl

Milano (MI) - IT -

06195250151

Director

Withdrawn

Registered

Rgp International Srl

Milano (MI) - IT -

06195250151

Managing Director

Withdrawn

Registered

Ririfin Di Ripamonti E C. Sas

Muggio' (MB) - IT -

01762950135

Limited Partner

Active

Registered

 

Description: \\vivek-pc\E\2\Rgpballs S.r.l. - Vs. Rif. 505969_files\Verde.gif

Riva

Alessandro

 

Firm's Style

Seat

Fiscal Code

Position

Position Status

Firm's Status

Rgp International Srl

Milano (MI) - IT -

06195250151

Director

Withdrawn

Registered

Rgp International Srl

Milano (MI) - IT -

06195250151

Managing Director

Withdrawn

Registered

Ririfin Di Ripamonti E C. Sas

Muggio' (MB) - IT -

01762950135

Limited Partner

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

Riva Valentina

Muggio' - IT -

RVIVNT84A59F205Z

25.000 .Eur

50,00

Riva Alessandro

Muggio' - IT -

RVILSN89H04F205F

25.000 .Eur

50,00

 

 

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

 

 

 

 

 

 

 

De Amicis

, 59C-61A

- 20092

- Cinisello Balsamo

(MI)

- IT -

 

 

 

 

Legal mail

: VALENTINA.RIVA@PEC.RGPBALLS.IT

 

-

Branch

(Warehouse)

since 01/07/2016

 

 

 

 

 

 

Aldo Palazzi

, 8/B

- 20092

- Cinisello Balsamo

(MI)

- IT -

 

 

 

 

PHONE

: 026178857

 

 

 

 

Legal mail

: VALENTINA.RIVA@PEC.RGPBALLS.IT

 

 

 

 

Employees

: 45

 

 

 

 

Assistants

: 1

 

Stocks for a value of 3.130.000

Eur

 

 

Protests

 

Protests checking on the subject firm has given a negative result.

 

 

Data Base Prejudicial Events Search

 

Search performed on a National Scale

 

Description: \\vivek-pc\E\2\Rgpballs S.r.l. - Vs. Rif. 505969_files\Verde.gif

 

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.

 

National Real Estates Survey

 

The requested subject is not present c/o the CADASTRE OFFICES.

 

All responsibilities are declined regarding any possible omissions concerning the given results. Therefore, we advise to request for "Hypothecating Survey Inspection" c/o the locally competent RR.II. Immovables Registry, as this service doesn't fully guarantees the actual title of the Real Estates of the requested Subject.



Financial and Economical Analysis

 

Subject under review started the activities in 2014.

The eonomic-financial analysis is based on the latest 3 b/s.

Under the financial profile unstable results are noted. with a profit (r.o.e. 32,75%) in the last financial year The turnover is growing in the last financial year (more then 100%).

The operating result in 2016 was positive (3,38%) falling within the field's average.

The amount of the operating result is equal to Eur. 255.539 recording a drop as opposed to the year before (-44,15%).

During the latest financial year the gross operating margin amounted to Eur. 407.751 , stable if compared to the year before.

Financial condition is not balanced as own capitals do not cover debts, indebtedness level is in fact high (13,48) which tends upward.

It's shareholders funds amount to Eur. 503.645 , with an upward trend.

Total debts (both short and M/L term) equals Eur. 6.845.561, , rising as opposed to the previous year (+more then 100%).

Available funds are good.

The financial management generated a cash flow of Eur. 317.179.

Labour cost amounts to Eur. 946.922, with a 10,51% incidence on production costs. , whereas 10,27% is the incidence on sales revenues.

The financial management is positive as incomes are higher than the charges.



Financial Data

 

Description: \\vivek-pc\E\2\Rgpballs S.r.l. - Vs. Rif. 505969_files\Verde.gif

 

Complete balance-sheet for the year

al 31/12/2016

(in Eur

x 1)

 

Item Type

Value

Sales

9.223.877

Profit (Loss) for the period

164.967

 

Description: \\vivek-pc\E\2\Rgpballs S.r.l. - Vs. Rif. 505969_files\Verde.gif

 

Complete balance-sheet for the year

al 31/12/2015

(in Eur

x 1)

 

Item Type

Value

Sales

1.801.904

Profit (Loss) for the period

292.076

 

Description: \\vivek-pc\E\2\Rgpballs S.r.l. - Vs. Rif. 505969_files\Verde.gif

 

Complete balance-sheet for the year

al 31/12/2014

(in Eur

x 1)

 

Item Type

Value

Profit (Loss) for the period

-3.399



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 31/12/2016 - 12 Mesi - Currency: - Amounts x 1

 

- Balance Sheet as at 31/12/2015 - 12 Mesi - Currency: - Amounts x 1

 

- Balance Sheet as at 31/12/2014 - 12 Mesi - Currency: - Amounts x 1

 

Years

2016

2015

2014

BALANCE SHEET ACCOUNTS

 

ASSETS

 

 

 

CREDITS VS PARTNERS

 

 

 

. Deposits not yet withdrawn

23.250

23.250

 

. Deposits already withdrawn

 

 

37.500

Total credits vs partners

23.250

23.250

37.500

FIXED ASSETS

 

 

 

. INTANGIBLE FIXED ASSETS

 

 

 

. . Start-up and expansion expenses

 

 

 

. . Research,develop. and advert.expens.

 

 

 

. . Industrial patent rights

 

 

 

. . Concessions,licenses,trademarks,etc.

 

 

 

. . Goodwill

 

 

 

. . Assets in formation and advance paymen.

 

 

 

. . Other intangible fixed assets

 

 

 

. Total Intangible Fixed Assets

65.737

8.844

3.579

. TANGIBLE FIXED ASSETS

 

 

 

. . Real estate

 

 

 

. . Plant and machinery

 

 

 

. . Industrial and commercial equipment

 

 

 

. . Other assets

 

 

 

. . Assets under construction and advances

 

 

 

. Total Tangible fixed assets

69.756

 

 

. FINANCIAL FIXED ASSETS

 

 

 

. . Equity investments

 

 

 

. . . Equity invest. in subsidiary companies

 

 

 

. . . Equity invest. in associated companies

 

 

 

. . . Equity invest. in holding companies

 

 

 

. . . Equity invest. in other companies

 

 

 

. . Financial receivables

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . . Receivab due from subsidiaries

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . . Receivables due from assoc.comp.

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . . Receivables due from holding comp.

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . . Receivables due from third parties

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Other securities

 

 

 

. . Own shares

 

 

 

. . . Total nominal value

 

 

 

. Total financial fixed assets

133

 

 

Total fixed assets

135.626

8.844

3.579

CURRENT ASSETS

 

 

 

. INVENTORIES

 

 

 

. . Raw materials and other consumables

 

 

 

. . Work in progress and semimanufactured

 

 

 

. . Work in progress on order

 

 

 

. . Finished goods

 

 

 

. . Advance payments

 

 

 

. Total Inventories

3.126.013

550.638

 

. CREDITS NOT HELD AS FIXED ASSETS

 

 

 

. . Within 12 months

4.188.852

694.984

856

. . Beyond 12 months

 

 

 

. . Trade receivables

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Receivables due from subsid. comp.

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Receivables due from assoc. comp.

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Receivables due from holding comp.

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Fiscal Receivables

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Receivables for anticipated taxes

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Receivables due from third parties

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. Total Credits not held as fixed assets

4.188.852

694.984

856

. FINANCIAL ASSETS

 

 

 

. . Equity invest. in subsidiary comp.

 

 

 

. . Equity invest. in associated companies

 

 

 

. . Equity invest. in holding companies

 

 

 

. . Other equity investments

 

 

 

. . Own shares

 

 

 

. . . Total nominale value

 

 

 

. . Other securities

 

 

 

. Total Financial Assets

 

 

 

. LIQUID FUNDS

 

 

 

. . Bank and post office deposits

 

 

 

. . Checks

 

 

 

. . Banknotes and coins

 

 

 

. Total Liquid funds

58.014

161.184

18.476

Total current assets

7.372.879

1.406.806

19.332

ADJUSTMENT ACCOUNTS

 

 

 

. Discount on loans

 

 

 

. Other adjustment accounts

24.228

1.233

29

Total adjustments accounts

24.228

1.233

29

TOTAL ASSETS

7.555.983

1.440.133

60.440

 

 

 

 

LIABILITIES

 

 

 

STOCKHOLDERS' EQUITY

 

 

 

. Capital stock

50.000

50.000

50.000

. Additional paid-in capital

 

 

 

. Revaluation reserves

 

 

 

. Legal reserve

14.604

 

 

. Reserve for Own shares

 

 

 

. Statute reserves

 

 

 

. Other reserves

1

 

-1

. Accumulated Profits (Losses)

274.073

-3.399

 

. Profit( loss) of the year

164.967

292.076

-3.399

. Advances on dividends

 

 

 

. Partial loss of the year Coverage

 

 

 

Total Stockholders'Equity

503.645

338.677

46.600

RESERVES FOR RISKS AND CHARGES

 

 

 

. . Reserve for employee termination indem.

 

 

 

. . Taxation fund, also differed

 

 

 

. . Other funds

 

 

 

Total Reserves for Risks and Charges

 

 

 

Employee termination indemnities

43.779

2.723

 

ACCOUNTS PAYABLE

 

 

 

. . . . Within 12 months

6.845.561

1.095.151

13.784

. . . . Beyond 12 months

 

 

 

. . Bonds

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Convertible bonds repayable

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Due to shareholders for financing

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Due to banks

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Due to other providers of finance

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Advances from customers

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Trade payables

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Securities issued

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Due to subsidiary companies

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Due to associated companies

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Due to holding companies

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Due to the tax authorities

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Due to social security and welfare inst.

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Other payables

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

Total accounts payable

6.845.561

1.095.151

13.784

ADJUSTMENT ACCOUNTS

 

 

 

. Agio on loans

 

 

 

. Other adjustment accounts

162.998

3.582

56

Total adjustment accounts

162.998

3.582

56

TOTAL LIABILITIES

7.555.983

1.440.133

60.440

 

 

 

 

 

 

 

MEMORANDUM ACCOUNTS

 

Third party goods

 

 

 

Investment accounts

 

 

 

Risk accounts

 

 

 

Civil and fiscal norms relation

 

 

 

 

 

 

 

 

 

 

PROFIT AND LOSS ACCOUNTS

 

VALUE OF PRODUCTION

 

 

 

. Revenues from sales and services

9.223.877

1.801.904

 

. Changes in work in progress

 

 

 

. Changes in semi-manufact. products

 

 

 

. Capitalization of internal work

 

 

 

. Other income and revenues

41.997

13.389

 

. . Contributions for operating expenses

 

 

 

. . Different income and revenues

41.997

13.389

 

Total value of production

9.265.874

1.815.293

 

PRODUCTION COSTS

 

 

 

. Raw material,other materials and consum.

8.205.363

1.601.763

 

. Services received

1.943.469

249.673

 

. Leases and rentals

280.566

 

886

. Payroll and related costs

946.922

47.834

403

. . Wages and salaries

719.507

42.372

 

. . Social security contributions

184.359

2.739

403

. . Employee termination indemnities

41.057

2.723

 

. . Pension and similar

1.999

 

 

. . Other costs

 

 

 

. Amortization and depreciation

152.212

2.435

895

. . Amortization of intangible fixed assets

92.509

2.435

895

. . Amortization of tangible fixed assets

59.703

 

 

. . Depreciation of tangible fixed assets

 

 

 

. . Writedown of current receiv.and of liquid

 

 

 

. Changes in raw materials

-2.575.375

-550.638

 

. Provisions to risk reserves

 

 

 

. Other provisions

 

 

 

. Other operating costs

57.178

6.648

1.248

Total production costs

9.010.335

1.357.715

3.432

Diff. between value and cost of product.

255.539

457.578

-3.432

FINANCIAL INCOME AND EXPENSE

 

 

 

. Income from equity investments

 

 

 

. . In subsidiary companies

 

 

 

. . In associated companies

 

 

 

. . In other companies

 

 

 

. Other financial income

525

182

33

. . Financ.income from receivables

 

 

 

. . . Towards subsidiary companies

 

 

 

. . . Towards associated companies

 

 

 

. . . Towards holding companies

 

 

 

. . . Towards other companies

 

 

 

. . Financ.income from secur. t.f.assets

 

 

 

. . Financ.income from secur. cur.assets

 

 

 

. . Financ.income other than the above

525

182

33

. . . - Subsidiary companies

 

 

 

. . . - Associated companies

 

 

 

. . . - Holding companies

 

 

 

. . . - Other companies

525

182

33

. Interest and other financial expense

18.473

-3.104

-1

. . Towards subsidiary companies

 

 

 

. . Towards associated companies

 

 

 

. . Towards holding companies

 

 

 

. . Towards other companies

 

 

1

Total financial income and expense

18.998

-2.922

32

ADJUSTMENTS TO FINANCIAL ASSETS

 

 

 

. Revaluations

 

 

 

. . Of equity investments

 

 

 

. . Of financ.fixed assets not repres.E.I.

 

 

 

. . Of securities incl.among current assets

 

 

 

. Devaluation

 

 

 

. . Of equity investments

 

 

 

. . Of financial fixed assets (no equity inv)

 

 

 

. . Of securities included among current ass

 

 

 

Total adjustments to financial assets

 

 

 

EXTRAORDINARY INCOME AND EXPENSE

 

 

 

. Extraordinary income

 

 

1

. . Gains on disposals

 

 

 

. . Other extraordinary income

 

 

1

. Extraordinary expense

 

-20.895

 

. . Losses on disposals

 

 

 

. . Taxes relating to prior years

 

 

 

. . Other extraordinary expense

 

-20.895

 

Total extraordinary income and expense

 

-20.895

1

Results before income taxes

274.537

433.761

-3.399

. Taxes on current income

109.570

141.685

 

. . current taxes

109.570

141.685

 

. . differed taxes(anticip.)

 

 

 

. Net income for the period

164.967

292.076

-3.399

. Adjustments in tax regulations pursuance

 

 

 

. Provisions in tax regulations pursuance

 

 

 

. Profit (loss) of the year

164.967

292.076

-3.399

 

RATIOS

Value Type

as at 31/12/2016

as at 31/12/2015

as at 31/12/2014

Sector Average

COMPOSITION ON INVESTMENT

 

 

 

 

 

Rigidity Ratio

Units

0,02

0,01

0,06

0,11

Elasticity Ratio

Units

0,98

0,98

0,32

0,87

Availability of stock

Units

0,41

0,38

n.c.

0,22

Total Liquidity Ratio

Units

0,56

0,59

0,32

0,56

Quick Ratio

Units

0,01

0,11

0,31

0,02

COMPOSITION ON SOURCE

 

 

 

 

 

Net Short-term indebtedness

Units

13,48

2,76

n.c.

3,81

Self Financing Ratio

Units

0,07

0,24

0,77

0,17

Capital protection Ratio

Units

0,57

-0,01

0,00

0,65

Liabilities consolidation quotient

Units

0,01

0,00

n.c.

0,12

Financing

Units

13,59

3,23

0,30

4,72

Permanent Indebtedness Ratio

Units

0,07

0,24

0,77

0,30

M/L term Debts Ratio

Units

0,01

0,00

n.c.

0,07

Net Financial Indebtedness Ratio

Units

n.c.

n.c.

n.c.

1,28

CORRELATION

 

 

 

 

 

Fixed assets ratio

Units

4,04

38,60

13,02

2,06

Current ratio

Units

1,08

1,28

1,40

1,16

Acid Test Ratio-Liquidity Ratio

Units

0,62

0,78

1,40

0,84

Structure's primary quotient

Units

3,71

38,29

13,02

1,28

Treasury's primary quotient

Units

0,01

0,15

1,34

0,03

Rate of indebtedness ( Leverage )

%

1500,26

425,22

129,70

591,61

Current Capital ( net )

Value

527.318

311.655

5.548

219.071

RETURN

 

 

 

 

 

Return on Sales

%

3,44

16,34

n.c.

2,22

Return on Equity - Net- ( R.O.E. )

%

32,75

86,24

-7,29

6,27

Return on Equity - Gross - ( R.O.E. )

%

54,51

128,08

-7,29

15,95

Return on Investment ( R.O.I. )

%

3,38

31,77

-5,68

4,19

Return/ Sales

%

2,77

25,39

n.c.

3,42

Extra Management revenues/charges incid.

%

64,56

63,83

n.c.

29,26

Cash Flow

Value

317.179

294.511

-2.504

61.669

Operating Profit

Value

255.539

457.578

-3.432

95.558

Gross Operating Margin

Value

407.751

460.013

-2.537

144.934

MANAGEMENT

 

 

 

 

 

Credits to clients average term

Days

n.c.

n.c.

n.c.

120,94

Debts to suppliers average term

Days

n.c.

n.c.

n.c.

120,04

Average stock waiting period

Days

122,01

110,01

n.c.

61,92

Rate of capital employed return ( Turnover )

Units

1,22

1,25

n.c.

1,27

Rate of stock return

Units

2,95

3,27

n.c.

5,74

Labour cost incidence

%

10,27

2,65

n.c.

7,77

Net financial revenues/ charges incidence

%

0,21

-0,16

n.c.

-1,26

Labour cost on purchasing expenses

%

10,51

3,52

11,74

7,90

Short-term financing charges

%

n.c.

0,28

0,01

2,67

Capital on hand

%

81,92

79,92

n.c.

78,39

Sales pro employee

Value

318.064

1.801.904

 

437.713

Labour cost pro employee

Value

32.652

47.834

 

33.928

 

 

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

:

Description: \\vivek-pc\E\2\Rgpballs S.r.l. - Vs. Rif. 505969_files\Spazio.gif3.839.216

Population living in the region

:

Description: \\vivek-pc\E\2\Rgpballs S.r.l. - Vs. Rif. 505969_files\Spazio.gif9.393.092

Number of families in the region

:

Description: \\vivek-pc\E\2\Rgpballs S.r.l. - Vs. Rif. 505969_files\Spazio.gif3.858.736

 

Monthly family expences average in the region (in Eur..) :

 

- per food products

:

Description: \\vivek-pc\E\2\Rgpballs S.r.l. - Vs. Rif. 505969_files\Spazio.gif460

- per non food products

:

Description: \\vivek-pc\E\2\Rgpballs S.r.l. - Vs. Rif. 505969_files\Spazio.gif2.090

- per energy consume

:

Description: \\vivek-pc\E\2\Rgpballs S.r.l. - Vs. Rif. 505969_files\Spazio.gif114

 

 

Sector Data

 

The values are calculated on a base of 6.137 significant companies.

The companies cash their credits on an average of 121 dd.

The average duration of suppliers debts is about 120 dd.

The sector's profitability is on an average of 2,22%.

The labour cost affects the turnover in the measure of 7,77%.

Goods are held in stock in a range of 62 dd.

The difference between the sales volume and the resources used to realize it is about 1,27.

The employees costs represent the 7,90% 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 24.765.

The insolvency index for the region is 0,55, , while for the province it is 0,66.

Total Bankrupt companies in the province : 22.523.

Total Bankrupt companies in the region : 39.612.

 

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

INR 66.78

UK Pound

1

INR 92.89

Euro

1

INR 80.74

ITL

1

INR 80.48

Note: Above are approximate rates obtained from sources believed to be correct

 

 

INFORMATION DETAILS

 

Analysis Done by :

PRI

 

 

Report Prepared by :

NIT

 

 


 

RATING EXPLANATIONS

 

Credit Rating

 

Explanation

Rating Comments

A++

Minimum Risk

Business dealings permissible with minimum risk of default

A+

Low Risk

Business dealings permissible with low risk of default

A

Acceptable Risk

Business dealings permissible with moderate risk of default

B

Medium Risk

Business dealings permissible on a regular monitoring basis

C

Medium High Risk

Business dealings permissible preferably on secured basis

D

High Risk

Business dealing not recommended or on secured terms only

NB

New Business

No recommendation can be done due to business in infancy stage

NT

No Trace

No recommendation can be done as the business is not traceable

 

NB is stated where there is insufficient information to facilitate rating. However, it is not to be considered as unfavourable.

 

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 are as follows:

 

·         Financial condition covering various ratios

·         Company background and operations size

·         Promoters / Management background

·         Payment record

·         Litigation against the subject

·         Industry scenario / competitor analysis

·         Supplier / Customer / Banker review (wherever available)

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.