|
|
|
MIRA
INFORM REPORT
|
Report No. : |
490870 |
|
Report Date : |
09.02.2018 |
IDENTIFICATION DETAILS
|
Name : |
O.M.G. S.R.L. |
|
|
|
|
Registered Office : |
Via 8 Marzo, 1,
42025 – Cavriago (RE) |
|
|
|
|
Country : |
Italy |
|
|
|
|
Financials (as on) : |
31.12.2016 |
|
|
|
|
Date of Incorporation : |
04.12.1981 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
Manufacture of Tools and Manual Tools;
Interchangeable Parts for Machine Tools |
|
|
|
|
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 : |
A |
|
Credit Rating |
Explanation |
Rating Comments |
|
A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
|
Status : |
Good |
|
|
|
|
Payment Behaviour : |
Regular |
|
|
|
|
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 (30.06.2017) |
Current Rating (30.09.2017) |
|
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 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, 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 records. The
government still faces pressure from investors and European partners to sustain
its efforts to address Italy's longstanding structural impediments to growth,
such as 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 late 2011. In 2015-16, Italy’s economy grew more than 0.8% each
year, but picked up in 2017. In 2017, overall unemployment was 11.4%, but youth
unemployment remained high at 37.1%.
|
Source
: CIA |
Company name & address
O.M.G. S.R.L.
Via 8 Marzo, 1
42025 – Cavriago (RE)
-IT-
Summary
|
Fiscal Code |
: |
00149450355 |
|
Legal Form |
: |
Limited Liability Company |
|
start of Activities |
: |
20/11/1966 |
|
Equity |
: |
Over 2.582.254 |
|
Turnover Range |
: |
6.500.000/7.750.000 |
|
Number of Employees |
: |
From 36 To 50 |
Activity
Manufacture of tools and manual tools;
interchangeable parts for machine tools
Legal Data
Legal Form : Limited liability company
|
Fiscal Code : 00149450355 |
|
Foreign Trade Reg. no. : RE010327 since
06/12/1991 |
|
Foreign Trade Reg. no. : 10327 of Reggio
Emilia |
|
Chamber of Commerce no. : 99155 of Reggio
Emilia since 28/12/1966 |
|
V.A.T. Code : 00149450355 |
|
Tribunal Co. Register : 6879 of |
|
Foundation date |
: 20/11/1966 |
|
|
Establishment date |
: 04/12/1981 |
|
|
Start of Activities |
: 20/11/1966 |
|
|
Legal duration |
: 31/12/2021 |
|
|
Nominal Capital |
: 110.000 |
|
|
Subscribed Capital |
: 110.000 |
|
|
Paid up Capital |
: 110.000 |
|
Legal mail : |
OMGSRL@PEC.FASTMAIL.IT |
Members
|
|
Catellani |
Bruno |
|
|
Born in Reggio Emilia |
(RE) |
on 03/03/1934 |
- Fiscal Code : CTLBRN34C03H223Q |
|
|
Residence: |
San Pantaleone |
, 16/4 |
- 42123 |
Reggio Emilia |
(RE) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Chairman |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Catellani |
Corrado |
|
|
Born in Reggio Emilia |
(RE) |
on 30/07/1958 |
- Fiscal Code : CTLCRD58L30H223N |
|
|
Residence: |
San Pantaleone |
, 16/3 |
- 42123 |
Reggio Emilia |
(RE) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Vice-Chairman |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Marchetti |
Giordano |
|
|
Born in Reggio Emilia |
(RE) |
on 29/06/1946 |
- Fiscal Code : MRCGDN46H29H223M |
|
|
Residence: |
Della Stazione |
, 18 |
- 42100 |
Reggio Emilia |
(RE) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
|
|
Camellini |
Gino |
|
|
Born in Reggio Emilia |
(RE) |
on 21/11/1946 |
- Fiscal Code : CMLGNI46S21H223B |
|
|
Residence: |
G.pascoli |
, 4 |
- 42025 |
Cavriago |
(RE) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
|
|
Bocedi |
Gianni |
|
|
Born in Reggio Emilia |
(RE) |
on 23/03/1950 |
- Fiscal Code : BCDGNN50C23H223S |
|
|
Residence: |
Malipiero |
, 24 |
- 42123 |
Reggio Emilia |
(RE) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
28/01/2004 |
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.
Capital
Shareholders
Shareholders' list as at date of data
collection:
|
Firm's Style / Name |
Seat / Residence |
Fiscal Code |
Owned Shares |
% Ownership |
|
Catellani Corrado |
Reggio Emilia - IT - |
CTLCRD58L30H223N |
53.900 .Eur |
49,00 |
|
Marchetti Giordano |
Reggio Emilia - IT - |
MRCGDN46H29H223M |
4.400 .Eur |
4,00 |
|
Camellini Gino |
Cavriago - IT - |
CMLGNI46S21H223B |
4.400 .Eur |
4,00 |
|
Catellani Elia |
CTLLEI81E14H223M |
22.000 .Eur |
20,00 |
|
|
Gandolfi Marina |
GNDMRN60D45H223Y |
22.000 .Eur |
20,00 |
|
|
Martini Germano |
MRTGMN53M21C218T |
1.100 .Eur |
1,00 |
|
|
Novelli Marzio |
NVLMRZ74L24E704A |
1.100 .Eur |
1,00 |
|
|
Lugli Massimiliano |
LGLMSM68T28D026Z |
1.100 .Eur |
1,00 |
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 |
|
Abc Trading S.r.l. |
02631380355 |
1.000 .Eur |
10,00 |
Active |
Firm's location
and structure
In order to carry out its activities the firm
uses the following locations:
|
- |
Legal and operative seat |
|
8 Marzo |
, 1 |
- 42025 |
- Cavriago |
(RE) |
- IT - |
|
PHONE |
: 0522941951 |
|
PHONE |
: 0522941627 |
|
FAX |
: 0522941951 |
|
Website |
: WWW.OMGNET.IT |
|
Legal mail |
: OMGSRL@PEC.FASTMAIL.IT |
|
Employees |
: 48 |
|
Fittings and Equipment for a value of
280.000 |
Eur |
|
Stocks for a value of 1.950.000 |
Eur |
|
Furniture and fittings for a value of
240.000 |
Eur |
|
Vehicles for a value of 41.000 |
Eur |
Historical
Information and/or Firm's Status
CHANGES TO THE LEGAL FORM:
|
Former legal form |
New legal form |
Changement Date |
|
De facto company |
General partnership |
29/12/1975 |
|
General partnership |
Limited partnership |
08/03/1976 |
|
Limited partnership |
Limited liability company |
04/12/1981 |
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.
National Real Estates Survey
The firm under review, by the reported
percentages, owns the following real estates:
|
Town |
Cadastre |
No. Immovables |
Up to Date |
|
CAVRIAGO (RE) |
Buildings |
4 |
05/02/2018 |
|
REGGIO NELL'EMILIA (RE) |
Land |
11 |
05/02/2018 |
|
Buildings Details |
|
Cadastre |
Title |
Location |
Sheet No. |
Particle No. |
Sub No. |
Categorie |
Classe |
Consistence |
Cadastrial Rent |
Part No. |
|
B |
Proprieta' |
CAVRIAGO (RE) VIA OTTO MARZO, 1 Piano T-1 |
4 |
394 |
1 |
cat. D/7 |
Euro: 37.838,74 |
|||
|
B |
Proprieta' |
CAVRIAGO (RE) VIA DELL' INDUSTRIA, Piano T |
5 |
254 |
cat. F/1 |
|||||
|
B |
Proprieta' |
CAVRIAGO (RE) VIA DELL' INDUSTRIA, Piano T |
5 |
256 |
cat. F/1 |
|||||
|
B |
Proprieta' |
CAVRIAGO (RE) VIA DELL' INDUSTRIA, 57 Piano
T-1 |
5 |
41 |
1 |
cat. D/7 |
Euro: 15.079,00 |
|
Land Details |
|
Cadastre |
Title |
Location |
Sheet No. |
Particle No. |
Sub No. |
Category |
Class |
Consistence |
Cadastrial Rent |
Part No. |
|
L |
Proprieta' per 1/1 |
REGGIO NELL'EMILIA (RE) |
143 |
579 |
SEMINATIVO |
4 |
1 ha 75 are 40 ca |
R.D.Euro:86,06 R.A. Euro: 117,76 |
||
|
L |
Proprieta' per 22500/244885 |
REGGIO NELL'EMILIA (RE) |
205 |
430 |
SEMINATIVO |
4 |
32 are 22 ca |
R.D.Euro:15,81 R.A. Euro: 21,63 |
||
|
L |
Proprieta' per 22500/244885 |
REGGIO NELL'EMILIA (RE) |
205 |
451 |
SEMINATIVO |
4 |
16 are 54 ca |
R.D.Euro:8,12 R.A. Euro: 11,10 |
||
|
L |
Proprieta' per 22500/244885 |
REGGIO NELL'EMILIA (RE) |
205 |
453 |
SEMINATIVO |
4 |
7 are 96 ca |
R.D.Euro:3,91 R.A. Euro: 5,34 |
||
|
L |
Proprieta' per 22500/244885 |
REGGIO NELL'EMILIA (RE) |
205 |
534 |
SEMINATIVO |
4 |
10 ca |
R.D.Euro:0,05 R.A. Euro: 0,07 |
||
|
L |
Proprieta' per 22500/244885 |
REGGIO NELL'EMILIA (RE) |
205 |
535 |
SEMINATIVO |
4 |
27 ca |
R.D.Euro:0,13 R.A. Euro: 0,18 |
||
|
L |
Proprieta' per 1/1 |
REGGIO NELL'EMILIA (RE) |
205 |
541 |
SEMINATIVO |
4 |
11 are 96 ca |
R.D.Euro:5,87 R.A. Euro: 8,03 |
||
|
L |
Proprieta' per 1/1 |
REGGIO NELL'EMILIA (RE) |
205 |
542 |
SEMINATIVO |
4 |
35 ca |
R.D.Euro:0,17 R.A. Euro: 0,23 |
||
|
L |
Proprieta' per 1/1 |
REGGIO NELL'EMILIA (RE) |
205 |
543 |
SEMINATIVO |
4 |
10 are 24 ca |
R.D.Euro:5,02 R.A. Euro: 6,88 |
||
|
L |
Proprieta' per 1/1 |
REGGIO NELL'EMILIA (RE) |
205 |
544 |
SEMINATIVO |
4 |
20 ca |
R.D.Euro:0,10 R.A. Euro: 0,13 |
||
|
L |
Proprieta' per 22500/244885 |
REGGIO NELL'EMILIA (RE) |
205 |
547 |
SEMINATIVO |
4 |
7 are 87 ca |
R.D.Euro:3,86 R.A. Euro: 5,28 |
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 is active since 1966
The eonomic-financial analysis is based on
the latest 3 b/s.
During the last years, it achieved profits
(r.o.e. 4,11% on 2016) keeping the turnover steady during the last two years.
The operating result in 2016 was positive
(3,81%) and reflects the field's average.
The operating result is positive and amounts
to Eur. 493.598 , with no sizeable change as opposed to the year before.
During the latest financial year the gross
operating margin amounted to Eur. 899.736 , stable if compared to the year
before.
From a financial aspect the company's status
covers total short-term debts; the indebtedness volume in 2016 is in fact 0,15
With regard to equity capital, an amount of
Eur. 8.434.047 is registered. on the same levels as the year before.
During the last financial year total debts
volume reached Eur. 3.380.144 (Eur. 1.235.386 were m/l term ones) on the same
levels as the year before.
Liquidity is good.
The financial management generated a cash
flow of Eur. 753.148.
Labour cost expenses amount to Eur. 2.665.086
, representing 35,76% on the total of production costs. and a 35,46% incidence
on sales volumes.
If compared to the sales volume (-0,63%), the
impact of the financial charges is limited.
Financial Data
|
|
Complete balance-sheet for the year |
al 31/12/2016 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
7.514.948 |
|
Profit (Loss) for the period |
347.010 |
|
|
Complete balance-sheet for the year |
al 31/12/2015 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
7.155.401 |
|
Profit (Loss) for the period |
330.838 |
|
|
Complete balance-sheet for the year |
al 31/12/2014 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
6.678.134 |
|
Profit (Loss) for the period |
202.630 |
|
|
Complete balance-sheet for the year |
al 31/12/2013 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
7.306.449 |
|
Profit (Loss) for the period |
270.113 |
|
|
Complete balance-sheet for the year |
al 31/12/2012 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
7.419.970 |
|
Profit (Loss) for the period |
268.178 |
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 |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
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 |
0,56 |
0,57 |
0,61 |
0,25 |
|
Elasticity Ratio |
Units |
0,42 |
0,42 |
0,39 |
0,72 |
|
Availability of stock |
Units |
0,15 |
0,13 |
0,13 |
0,17 |
|
Total Liquidity Ratio |
Units |
0,27 |
0,29 |
0,26 |
0,50 |
|
Quick Ratio |
Units |
0,11 |
0,10 |
0,09 |
0,02 |
|
COMPOSITION ON SOURCE |
|||||
|
Net Short-term indebtedness |
Units |
0,15 |
0,15 |
0,10 |
2,61 |
|
Self Financing Ratio |
Units |
0,65 |
0,64 |
0,64 |
0,21 |
|
Capital protection Ratio |
Units |
0,95 |
0,95 |
0,96 |
0,71 |
|
Liabilities consolidation quotient |
Units |
1,01 |
1,15 |
1,19 |
0,24 |
|
Financing |
Units |
0,40 |
0,44 |
0,43 |
3,54 |
|
Permanent Indebtedness Ratio |
Units |
0,82 |
0,83 |
0,83 |
0,40 |
|
M/L term Debts Ratio |
Units |
0,17 |
0,19 |
0,19 |
0,12 |
|
Net Financial Indebtedness Ratio |
Units |
n.c. |
n.c. |
n.c. |
0,84 |
|
CORRELATION |
|||||
|
Fixed assets ratio |
Units |
1,45 |
1,45 |
1,37 |
1,46 |
|
Current ratio |
Units |
2,56 |
2,62 |
2,48 |
1,20 |
|
Acid Test Ratio-Liquidity Ratio |
Units |
1,66 |
1,82 |
1,65 |
0,85 |
|
Structure's primary quotient |
Units |
1,16 |
1,12 |
1,06 |
0,86 |
|
Treasury's primary quotient |
Units |
0,64 |
0,60 |
0,60 |
0,04 |
|
Rate of indebtedness ( Leverage ) |
% |
153,72 |
156,18 |
155,27 |
477,50 |
|
Current Capital ( net ) |
Value |
3.353.251 |
3.371.703 |
2.847.059 |
239.373 |
|
RETURN |
|||||
|
Return on Sales |
% |
10,02 |
10,01 |
8,36 |
4,32 |
|
Return on Equity - Net- ( R.O.E. ) |
% |
4,11 |
4,02 |
2,57 |
4,61 |
|
Return on Equity - Gross - ( R.O.E. ) |
% |
5,72 |
5,93 |
4,79 |
17,61 |
|
Return on Investment ( R.O.I. ) |
% |
3,81 |
3,96 |
3,74 |
4,75 |
|
Return/ Sales |
% |
6,57 |
7,10 |
6,86 |
4,25 |
|
Extra Management revenues/charges incid. |
% |
70,30 |
65,13 |
44,22 |
18,91 |
|
Cash Flow |
Value |
753.148 |
715.921 |
558.465 |
138.084 |
|
Operating Profit |
Value |
493.598 |
507.959 |
458.280 |
154.078 |
|
Gross Operating Margin |
Value |
899.736 |
893.042 |
814.115 |
301.188 |
|
MANAGEMENT |
|||||
|
Credits to clients average term |
Days |
n.c. |
n.c. |
n.c. |
110,83 |
|
Debts to suppliers average term |
Days |
n.c. |
n.c. |
n.c. |
121,75 |
|
Average stock waiting period |
Days |
93,21 |
84,18 |
86,25 |
60,34 |
|
Rate of capital employed return ( Turnover
) |
Units |
0,58 |
0,56 |
0,55 |
1,12 |
|
Rate of stock return |
Units |
3,86 |
4,28 |
4,17 |
5,95 |
|
Labour cost incidence |
% |
35,46 |
35,66 |
37,61 |
21,94 |
|
Net financial revenues/ charges incidence |
% |
-0,63 |
-0,70 |
-1,01 |
-1,47 |
|
Labour cost on purchasing expenses |
% |
35,76 |
37,66 |
39,40 |
22,33 |
|
Short-term financing charges |
% |
1,51 |
1,59 |
2,29 |
2,84 |
|
Capital on hand |
% |
172,52 |
179,47 |
183,48 |
89,18 |
|
Sales pro employee |
Value |
90.541 |
90.574 |
85.617 |
165.709 |
|
Labour cost pro employee |
Value |
32.109 |
32.298 |
32.200 |
32.656 |
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 |
: |
487.003 |
|
Population living in the region |
: |
4.151.369 |
|
Number of families in the region |
: |
1.748.359 |
Monthly family expences average in the region
(in Eur..) :
|
- per food products |
: |
425 |
|
- per non food products |
: |
2.063 |
|
- per energy consume |
: |
143 |
Sector Data
The values are calculated on a base of 1.023
significant companies.
The companies cash their credits on an
average of 111 dd.
The average duration of suppliers debts is
about 122 dd.
The sector's profitability is on an average
of 4,32%.
The labour cost affects the turnover in the
measure of 21,94%.
Goods are held in stock in a range of 60 dd.
The difference between the sales volume and
the resources used to realize it is about 1,12.
The employees costs represent the 22,33% of
the production costs.
Statistical
Detrimental Data
Statistically the trade activity shows
periods of crisis.
The area is statistically considered lowly
risky.
In the region 18.860 protested subjects are
found; in the province they count to 1.775.
The insolvency index for the region is 0,46,
, while for the province it is 0,38.
Total Bankrupt companies in the province :
1.365.
Total Bankrupt companies in the region :
14.698.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
INR 64.16 |
|
|
1 |
INR 89.19 |
|
Euro |
1 |
INR 78.75 |
|
Euro |
1 |
INR 78.90 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
PRA |
|
|
|
|
Report Prepared
by : |
TPT |
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.