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Report No. : |
505969 |
|
Report Date : |
30.04.2018 |
IDENTIFICATION DETAILS
|
Name : |
RGPBALLS
S.R.L. |
|
|
|
|
Registered Office : |
Via De Amicis, 59C-61A 20092 - |
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Country : |
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Financials (as on) : |
31.12.2016 |
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Date of Incorporation : |
29.05.2014 |
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|
Legal Form : |
Limited Liability Company |
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Line of Business : |
Wholesale of Ironmongery and Other Metals (Hardware) |
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|
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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 |
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Payment Behaviour : |
Slow but Correct |
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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) |
|
|
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 |
|
Source
: CIA |
RGPBALLS S.R.L.
Via
De Amicis, 59C-61A
20092
-
|
Fiscal
Code |
: |
08678490965 |
|
Legal
Form |
: |
Limited
liability company |
|
start
of Activities |
: |
24/06/2014 |
|
Equity |
: |
750.000
|
|
|
: |
9.000.000/10.000.000
|
|
Number
of Employees |
: |
from
36 to 50 |
Wholesale
of ironmongery and other metals (hardware)
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 |
|
|
Riva |
Valentina |
|
|
|
Born
in Milano |
(MI) |
on
19/01/1984 |
-
Fiscal Code : RVIVNT84A59F205Z |
|
|
|
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 |
|
|
|
|
No
Prejudicial events are reported |
|
|
No
Protests registered |
|
|
Riva |
Alessandro |
|
|
|
Born
in Milano |
(MI) |
on
04/06/1989 |
-
Fiscal Code : RVILSN89H04F205F |
|
|
|
Residence: |
|
Lamarmora |
,
11 |
-
20835 |
Muggio' |
(MB) |
-
IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Director |
29/05/2014 |
|
|
|
Managing
Director |
24/06/2014 |
|
|
|
|
No
Prejudicial events are reported |
|
|
No
Protests registered |
*Checkings
have been performed on a national scale.
In
this module are listed the companies in which members hold or have holded
positions.
|
|
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 |
|
|
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.
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 |
The
Company under review has no participations in other Companies.
In
order to carry out its activities the firm uses the following locations:
|
- |
Legal
and operative seat |
|
|
|
|
|
|
|
De
Amicis |
,
59C-61A |
-
20092 |
-
|
(MI) |
-
IT - |
|
|
|
|
Legal
mail |
:
VALENTINA.RIVA@PEC.RGPBALLS.IT |
|
- |
Branch |
(Warehouse) |
since
01/07/2016 |
|
|
|
|
|
|
Aldo
Palazzi |
,
8/B |
-
20092 |
-
|
(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
checking on the subject firm has given a negative result.
Search
performed on a National Scale
|
|
|
Prejudicial
Events Search Result: NEGATIVE |
Search
performed on a specialized data base.
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.
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.
|
|
|
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 |
|
|
|
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 |
|
|
|
Complete
balance-sheet for the year |
al
31/12/2014 |
(in
Eur |
x
1) |
|
Item
Type |
Value |
|
Profit
(Loss) for the period |
-3.399 |
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 |
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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 |
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.
|
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 |
:
|
|
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.
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 |
|
|
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)
This report is issued at
your request without any risk and responsibility on the part of MIRA INFORM
PRIVATE LIMITED (MIPL) or its officials.