|
|
|
MIRA INFORM REPORT
|
Report No. : |
485086 |
|
Report Date : |
09.01.2018 |
IDENTIFICATION DETAILS
|
Name : |
PLASTISAVIO S.P.A. |
|
|
|
|
Registered Office : |
Via Della Liberazione, 25, 47025 - Mercato
Saraceno (FO)-IT- |
|
|
|
|
Country : |
Italy |
|
|
|
|
Financials (as on) : |
31.12.2016 |
|
|
|
|
Date of Incorporation : |
29.01.1972 |
|
|
|
|
Legal Form : |
Joint stock company |
|
|
|
|
Line of Business : |
Manufacture of plastic plates, sheets, tubes and profiles |
|
|
|
|
No. of Employees : |
71 to 90 |
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 : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
No Complaints |
|
|
|
|
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 133% of GDP in 2016. 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 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 0.7% each year. In 2016, overall unemployment was 11.7%, but youth unemployment remains high at 37.1%.
|
Source
: CIA |
Company
and address
Plastisavio S.p.a.
Via Della Liberazione, 25
47025 - Mercato Saraceno (FO) -IT-
Summary
|
Fiscal Code |
: |
00253210405 |
|
Legal Form |
: |
Joint stock company |
|
start of Activities |
: |
29/01/1972 |
|
Equity |
: |
Over 2.582.254 |
|
Turnover Range |
: |
25.000.000/35.000.000 |
|
Number of Employees |
: |
from 71 to 90 |
Activity
Manufacture of plastic plates, sheets, tubes and profiles
Legal
Data
Legal Form : Joint stock company
|
Fiscal Code : 00253210405 |
|
Foreign Trade Reg. no. : FO008158 since 24/03/1992 |
|
Foreign Trade Reg. no. : 8158 of Forli' since 24/03/1992 |
|
Chamber of Commerce no. : 189872 of Ferrara |
|
Chamber of Commerce no. : 136498 of Forli' since 28/04/1972 |
|
Chamber of Commerce no. : 140329 of Rovigo |
|
V.A.T. Code : 00253210405 |
|
Tribunal Co. Register : 4961 of |
|
Foundation date |
: 29/01/1972 |
|
|
Establishment date |
: 29/01/1972 |
|
|
Start of Activities |
: 29/01/1972 |
|
|
Legal duration |
: 31/12/2030 |
|
|
Nominal Capital |
: 2.000.000 |
|
|
Subscribed Capital |
: 2.000.000 |
|
|
Paid up Capital |
: 2.000.000 |
|
Legal mail : |
PLASTISAVIOSPA@CERT.CNA.IT |
Members
|
|
Rossi |
Giovanni Carlo |
|
|
Born in Wilde |
( ) |
on 15/12/1949 |
- Fiscal Code : RSSGNN49T15Z600I |
|
|
Residence: |
Garampa |
, 2040 |
- 47023 |
Cesena |
(FO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Sole Director |
11/05/2017 |
|
|
No Prejudicial events are reported |
|
|
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.
|
|
Rossi |
Giovanni Carlo |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Aurora S.r.l. |
Cesena (FO) - IT - |
03345410405 |
Director |
Active |
Registered |
|
Aurora S.r.l. |
Cesena (FO) - IT - |
03345410405 |
Board Chairman |
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 |
|
Plastisavio S.p.a. |
Mercato Saraceno - IT - |
00253210405 |
10,00 |
|
|
Rossi Giovanni Carlo |
Cesena - IT - |
RSSGNN49T15Z600I |
||
|
Rossi Pier Paolo |
RSSPPL74H26C573V |
|||
|
Rossi Fabio |
RSSFBA75L10C573W |
|||
|
Fabbri Silvana |
FBBSVN52M69F139O |
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 |
|
Plastisavio S.p.a. |
Mercato Saraceno - IT - |
00253210405 |
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 |
|
Della Liberazione |
, 25 |
- 47025 |
- Mercato Saraceno |
(FO) |
- IT - |
|
PHONE |
: 054791231 |
|
PHONE |
: 054731231 |
|
FAX |
: 054791655 |
|
Legal mail |
: PLASTISAVIOSPA@CERT.CNA.IT |
|
- |
Branch |
(Store) |
since 01/01/2004 |
|
Paul Harris |
, 2 |
- 47025 |
- Mercato Saraceno |
(FO) |
- IT - |
|
- |
Branch |
(Warehouse) |
since 01/07/2006 |
|
Caduti Del Mare |
, 64,66 |
- 44022 |
- Comacchio |
(FE) |
- IT - |
|
- |
Branch |
(Store) |
since 03/07/2013 |
|
Della Liberazione |
, 36 |
- 47025 |
- Mercato Saraceno |
(FO) |
- IT - |
|
- |
Branch |
(Warehouse) |
since 07/11/2017 |
|
Ravennate |
, 747 |
- 47023 |
- Cesena |
(FO) |
- IT - |
|
Employees |
: 71 |
|
Fittings and Equipment for a value of 3.440.000 |
Eur |
|
Stocks for a value of 1.040.000 |
Eur |
|
Furniture and fittings for a value of 31.000 |
Eur |
|
Vehicles for a value of 26.000 |
Eur |
The firm operates abroad as importer / exporter..
To purchase foreign products the firm uses the following channels
:
|
- its own agents |
Export represents up to 20% of the global turnover.
Products abroad are placed by :
|
- direct orders from foreign companies |
Import comes generally from the following nations:
|
- Austria |
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 |
|
MERCATO SARACENO (FO) |
Buildings |
7 |
05/01/2018 |
|
MERCATO SARACENO (FO) |
Land |
15 |
05/01/2018 |
|
Buildings Details |
|
Cadastre |
Title |
Location |
Sheet No. |
Particle No. |
Sub No. |
Categorie |
Classe |
Consistence |
Cadastrial Rent |
Part No. |
|
B |
Proprieta' per 1/1 |
MERCATO SARACENO (FO) VIA DELLA LIBERAZIONE, 25 Piano S1-T - 1-2 |
72 |
181 |
6 |
cat. D/7 |
Euro: 36.210,00 |
|||
|
B |
Proprieta' per 1/1 |
MERCATO SARACENO (FO) VIA DELLA LIBERAZIONE, SNC Piano |
72 |
181 |
7 |
cat. F/1 |
||||
|
B |
Proprieta' per 1/1 |
MERCATO SARACENO (FO) VIA DELLA LIBERAZIONE, 25 Piano T |
72 |
657 |
1 |
cat. D/1 |
Euro: 50,00 |
|||
|
B |
Proprieta' per 1/1 |
MERCATO SARACENO (FO) VIA DELLA LIBERAZIONE, 25 Piano T |
72 |
657 |
2 |
cat. D/1 |
Euro: 12,00 |
|||
|
B |
Proprieta' per 1/1 |
MERCATO SARACENO (FO) VIA DELLA LIBERAZIONE, Piano T |
72 |
663 |
cat. F/1 |
|||||
|
B |
Proprieta' per 1/1 |
MERCATO SARACENO (FO) VIA I. NEWTON, SNC Piano T |
72 |
704 |
cat. F/1 |
|||||
|
B |
Proprieta' per 1/1 |
MERCATO SARACENO (FO) VIA A. CAPITINI, 2 Piano |
72 |
823 |
cat. F/1 |
|
Land Details |
|
Cadastre |
Title |
Location |
Sheet No. |
Particle No. |
Sub No. |
Category |
Class |
Consistence |
Cadastrial Rent |
Part No. |
|
L |
Proprieta' per 1/1 |
MERCATO SARACENO (FO) |
72 |
1 |
BOSCO CEDUO |
4 |
2 are 58 ca |
R.D.Euro:0,09 R.A. Euro: 0,07 |
1668 |
|
|
L |
Proprieta' per 1/1 |
MERCATO SARACENO (FO) |
72 |
103 |
BOSCO CEDUO |
4 |
9 are 7 ca |
R.D.Euro:0,33 R.A. Euro: 0,23 |
2281 |
|
|
L |
Proprieta' per 1/1 |
MERCATO SARACENO (FO) |
72 |
104 |
BOSCO CEDUO |
4 |
8 are 4 ca |
R.D.Euro:0,29 R.A. Euro: 0,21 |
2280 |
|
|
L |
Proprieta' per 1/1 |
MERCATO SARACENO (FO) |
72 |
105 |
SEMIN ARBOR |
1 |
1 ha 8 are 9 ca |
R.D.Euro:75,36 R.A. Euro: 41,87 |
5899 |
|
|
L |
Proprieta' per 1/1 |
MERCATO SARACENO (FO) |
72 |
107 |
SEMIN ARBOR |
1 |
2 are 57 ca |
R.D.Euro:1,79 R.A. Euro: 1,00 |
||
|
L |
Proprieta' per 1/1 |
MERCATO SARACENO (FO) |
72 |
2 |
SEMIN ARBOR |
1 |
41 are 16 ca |
R.D.Euro:28,70 R.A. Euro: 15,94 |
1668 |
|
|
L |
Proprieta' per 1/1 |
MERCATO SARACENO (FO) |
72 |
209 |
SEMIN ARBOR |
1 |
4 are 17 ca |
R.D.Euro:2,91 R.A. Euro: 1,62 |
5617 |
|
|
L |
Proprieta' per 1/1 |
MERCATO SARACENO (FO) |
72 |
211 |
BOSCO CEDUO |
4 |
9 are 70 ca |
R.D.Euro:0,35 R.A. Euro: 0,25 |
5617 |
|
|
L |
Proprieta' per 1/1 |
MERCATO SARACENO (FO) |
72 |
212 |
SEMIN ARBOR |
1 |
12 ca |
R.D.Euro:0,08 R.A. Euro: 0,05 |
2281 |
|
|
L |
Proprieta' per 1/1 |
MERCATO SARACENO (FO) |
72 |
22 |
SEMIN ARBOR |
1 |
50 are 79 ca |
R.D.Euro:35,41 R.A. Euro: 19,67 |
2281 |
|
|
L |
Proprieta' per 1/1 |
MERCATO SARACENO (FO) |
72 |
3 |
BOSCO CEDUO |
4 |
13 are 46 ca |
R.D.Euro:0,49 R.A. Euro: 0,35 |
1668 |
|
|
L |
Proprieta' per 1/1 |
MERCATO SARACENO (FO) |
72 |
4 |
BOSCO CEDUO |
4 |
10 are 67 ca |
R.D.Euro:0,39 R.A. Euro: 0,28 |
7643 |
|
|
L |
Proprieta' per 1/1 |
MERCATO SARACENO (FO) |
72 |
605 |
SEMIN ARBOR |
1 |
89 are 44 ca |
R.D.Euro:62,36 R.A. Euro: 34,64 |
||
|
L |
Proprieta' per 1/1 |
MERCATO SARACENO (FO) |
72 |
607 |
SEMIN ARBOR |
1 |
22 are 42 ca |
R.D.Euro:15,63 R.A. Euro: 8,68 |
||
|
L |
Proprieta' per 1/1 |
MERCATO SARACENO (FO) |
72 |
609 |
SEMIN ARBOR |
1 |
22 are 36 ca |
R.D.Euro:15,59 R.A. Euro: 8,66 |
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 1972
The eonomic-financial analysis is based on the latest 3 b/s.
In the economic management , good and bad results followed on by
turns. anyway in 2016 a positive result was achieved (r.o.e. 5,4%). In the last
financial year an increase in the turnover has been registered (+14,46%).
The return on Investment in the last financial year was positive
(3,31%) and reflects the field's average.
The amount of the operating result for the year 2016 is of Eur.
727.300 rising (+more then 100%) in relation to the previous year.
The G.O.M. amounted to Eur. 1.819.156 growing by 22,13% if
compared to the year before.
The analysis shows a fair financial position as the indebtedness
volume is acceptable (2,04) yet on the increase as against the previous
accounting period.
The equity capital is equal to Eur. 6.054.973 , stable in
comparison with the value of the previous year.
Total debts recorded amounted to Eur. 15.396.454 (Eur. 2.685.561
of which were m/l term debts) on the same levels as the year before.
The recourse to bank credit is slightly high and also borrowings
from suppliers appear to be high, with an average payment period equal to
112,02 gg. however still within the sector's average.
It shows a not very good liquidity level.
Trade credits are collected slowly, average term is 134,05 days.
also in relation to the average of the sector.
Eur. 1.401.819 is the value of cash flow during the year 2016
Labour cost amounts to Eur. 2.836.823, with a 11,03% incidence on
production costs. , whereas the incidence of such costs on sales revenues is
equal to 10,85%.
Limited financial charges in relation to sales volume.
Financial
Data
|
|
Complete balance-sheet for the year |
al 31/12/2016 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
26.147.680 |
|
Profit (Loss) for the period |
326.913 |
|
|
Complete balance-sheet for the year |
al 31/12/2015 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
22.842.667 |
|
Profit (Loss) for the period |
25.220 |
|
|
Complete balance-sheet for the year |
al 31/12/2014 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
19.234.219 |
|
Profit (Loss) for the period |
-71.171 |
|
|
Complete balance-sheet for the year |
al 31/12/2013 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
18.749.879 |
|
Profit (Loss) for the period |
-69.528 |
|
|
Complete balance-sheet for the year |
al 31/12/2012 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
18.372.139 |
|
Profit (Loss) for the period |
75.540 |
Financials
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 |
|
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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 |
0,45 |
0,49 |
0,51 |
0,33 |
|
Elasticity Ratio |
Units |
0,54 |
0,50 |
0,48 |
0,65 |
|
Availability of stock |
Units |
0,05 |
0,08 |
0,09 |
0,14 |
|
Total Liquidity Ratio |
Units |
0,49 |
0,43 |
0,39 |
0,47 |
|
Quick Ratio |
Units |
0,02 |
0,02 |
0,01 |
0,01 |
|
COMPOSITION ON SOURCE |
|||||
|
Net Short-term indebtedness |
Units |
2,04 |
1,69 |
1,96 |
2,54 |
|
Self Financing Ratio |
Units |
0,28 |
0,30 |
0,33 |
0,22 |
|
Capital protection Ratio |
Units |
0,62 |
0,69 |
0,71 |
0,74 |
|
Liabilities consolidation quotient |
Units |
0,23 |
0,29 |
0,02 |
0,24 |
|
Financing |
Units |
2,54 |
2,21 |
1,98 |
3,21 |
|
Permanent Indebtedness Ratio |
Units |
0,41 |
0,46 |
0,34 |
0,41 |
|
M/L term Debts Ratio |
Units |
0,13 |
0,15 |
0,01 |
0,13 |
|
Net Financial Indebtedness Ratio |
Units |
1,23 |
1,19 |
1,14 |
1,12 |
|
CORRELATION |
|||||
|
Fixed assets ratio |
Units |
0,91 |
0,94 |
0,67 |
1,17 |
|
Current ratio |
Units |
0,93 |
0,95 |
0,75 |
1,10 |
|
Acid Test Ratio-Liquidity Ratio |
Units |
0,85 |
0,81 |
0,60 |
0,82 |
|
Structure's primary quotient |
Units |
0,61 |
0,62 |
0,64 |
0,68 |
|
Treasury's primary quotient |
Units |
0,03 |
0,03 |
0,01 |
0,03 |
|
Rate of indebtedness ( Leverage ) |
% |
362,46 |
328,62 |
305,91 |
455,17 |
|
Current Capital ( net ) |
Value |
-875.335 |
-532.839 |
-3.192.564 |
135.108 |
|
RETURN |
|||||
|
Return on Sales |
% |
5,36 |
5,13 |
3,99 |
3,71 |
|
Return on Equity - Net- ( R.O.E. ) |
% |
5,40 |
0,39 |
-1,11 |
2,32 |
|
Return on Equity - Gross - ( R.O.E. ) |
% |
8,46 |
1,33 |
1,53 |
8,76 |
|
Return on Investment ( R.O.I. ) |
% |
3,31 |
1,61 |
2,27 |
3,87 |
|
Return/ Sales |
% |
2,78 |
1,50 |
2,30 |
3,60 |
|
Extra Management revenues/charges incid. |
% |
44,95 |
7,37 |
-16,08 |
16,69 |
|
Cash Flow |
Value |
1.401.819 |
1.172.582 |
767.814 |
147.669 |
|
Operating Profit |
Value |
727.300 |
342.059 |
442.705 |
140.969 |
|
Gross Operating Margin |
Value |
1.819.156 |
1.489.421 |
1.281.690 |
283.954 |
|
MANAGEMENT |
|||||
|
Credits to clients average term |
Days |
134,05 |
131,41 |
133,55 |
110,91 |
|
Debts to suppliers average term |
Days |
112,02 |
104,64 |
103,68 |
113,90 |
|
Average stock waiting period |
Days |
14,28 |
25,77 |
34,64 |
47,23 |
|
Rate of capital employed return ( Turnover ) |
Units |
1,19 |
1,07 |
0,98 |
1,09 |
|
Rate of stock return |
Units |
25,21 |
13,97 |
10,39 |
7,61 |
|
Labour cost incidence |
% |
10,85 |
10,45 |
12,25 |
15,52 |
|
Net financial revenues/ charges incidence |
% |
-0,82 |
-1,02 |
-1,40 |
-1,76 |
|
Labour cost on purchasing expenses |
% |
11,03 |
10,33 |
12,19 |
15,56 |
|
Short-term financing charges |
% |
1,40 |
1,63 |
2,13 |
3,19 |
|
Capital on hand |
% |
83,94 |
93,27 |
101,58 |
91,39 |
|
Sales pro employee |
Value |
297.132 |
308.684 |
263.482 |
214.336 |
|
Labour cost pro employee |
Value |
32.236 |
32.256 |
32.282 |
32.630 |
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 2.727 significant
companies.
The companies cash their credits on an average of 111 dd.
The average duration of suppliers debts is about 114 dd.
The sector's profitability is on an average of 3,71%.
The labour cost affects the turnover in the measure of 15,52%.
Goods are held in stock in a range of 47 dd.
The difference between the sales volume and the resources used to
realize it is about 1,09.
The employees costs represent the 15,56% 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 18.860 protested subjects are found; in the province
they count to 1.674.
The insolvency index for the region is 0,46, , while for the
province it is 0,46.
Total Bankrupt companies in the province : 607.
Total Bankrupt companies in the region : 14.698.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
INR 63.34 |
|
|
1 |
INR 85.89 |
|
Euro |
1 |
INR 76.15 |
|
Euro |
1 |
INR 75.99 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
NIS |
|
|
|
|
Report Prepared
by : |
KET |
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.