|
|
|
MIRA INFORM REPORT
|
Report No. : |
483947 |
|
Report Date : |
10.01.2018 |
IDENTIFICATION DETAILS
|
Name : |
CHEMATEK SPA |
|
|
|
|
Registered Office : |
Piazzale Libia, 1, 20135 - Milano (MI)-IT |
|
|
|
|
Country : |
Italy |
|
|
|
|
Financials (as on) : |
31.12.2016 |
|
|
|
|
Date of Incorporation : |
25.06.1980 |
|
|
|
|
Legal Form : |
Joint stock company |
|
|
|
|
Line of Business : |
·
Wholesale of fertilizers and other agricultural chemical products ·
Wholesale of Industrial chemical products |
|
|
|
|
No. of Employees : |
From 26 to 35 |
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 : |
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
name and address
|
Chematek
Spa |
|
Piazzale |
Libia, |
1 |
|
20135 |
-
Milano |
(MI) |
-IT- |
Summary
|
Fiscal
Code |
: |
05870170155 |
|
Legal
Form |
: |
Joint
stock company |
|
start
of Activities |
: |
17/03/1981 |
|
Equity |
: |
Over
2.582.254 |
|
Turnover
Range |
: |
25.000.000/35.000.000
|
|
Number
of Employees |
: |
from 26
to 35 |
Activity
Wholesale
of fertilizers and other agricultural chemical products
Wholesale
of Industrial chemical products
Legal Data
Legal
Form : Joint stock company
|
Fiscal
Code : 05870170155 |
|
Foreign
Trade Reg. no. : MI017927 since 09/12/1991 |
|
Foreign
Trade Reg. no. : 17927 of Milano since 09/12/1991 |
|
Foreign
Trade Reg. no. : 017927 of Milano since 09/12/1991 |
|
Chamber
of Commerce no. : 205132 of Cagliari |
|
Chamber
of Commerce no. : 228190 of Cagliari |
|
Chamber
of Commerce no. : 205132 of Catania |
|
Chamber
of Commerce no. : 1046931 of Milano since 01/08/1980 |
|
Chamber
of Commerce no. : 982578 of Roma |
|
Firms' Register
: MI146-196987 of Milano since 19/02/1996 |
|
V.A.T.
Code : 05870170155 |
|
Tribunal
Co. Register : 196937 of |
|
Foundation
date |
:
25/06/1980 |
|
|
Establishment
date |
:
25/06/1980 |
|
|
Start
of Activities |
:
17/03/1981 |
|
|
Legal
duration |
: 31/12/2050 |
|
|
Nominal
Capital |
:
3.000.000 |
|
|
Subscribed
Capital |
:
3.000.000 |
|
|
Paid up
Capital |
:
3.000.000 |
|
Legal
mail : |
AMMINISTRAZIONE.CHEMATEK@PEC.IT |
Members
|
|
Papandrea |
Alexis |
|
|
Born in
Wellingborough |
( ) |
on
01/08/1977 |
-
Fiscal Code : PPNLXS77M01Z114N |
|
|
Residence: |
Puccini |
, 18 |
- 20028 |
San
Vittore Olona |
(MI) |
- IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Partner |
|||
|
Director |
21/04/2017 |
|
|
No
Prejudicial events are reported |
|
|
No
Protests registered |
|
|
Papandrea |
Armando
Christian |
|
|
Born in
Kalamazoo |
( ) |
on
13/06/1972 |
-
Fiscal Code : PPNRND72H13Z404J |
|
|
Residence: |
Puccini |
, 18 |
- 20028 |
San
Vittore Olona |
(MI) |
- IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Partner |
|||
|
Director |
21/04/2017 |
|
|
No
Prejudicial events are reported |
|
|
No
Protests registered |
|
|
Vegezzi |
Giuseppina |
|
|
Born in
Nerviano |
(MI) |
on
08/07/1959 |
-
Fiscal Code : VGZGPP59L48F874W |
|
|
Residence: |
Oberdan |
, 7 |
- 20025 |
Legnano |
(MI) |
- IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Procurator |
28/04/2014 |
|
|
No
Prejudicial events are reported |
|
|
No
Protests registered |
|
|
Amico |
Giuseppe
Stefano |
|
|
Born in
Messina |
(ME) |
on
27/09/1944 |
-
Fiscal Code : MCAGPP44P27F158F |
|
|
Residence: |
Umberto
I |
, 2 |
- 42100 |
Reggio
Emilia |
(RE) |
- IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Director |
21/04/2017 |
|
|
Abernethy
Zandra Mavor |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Partner |
|
|
No
Prejudicial events are reported |
|
|
No
Protests registered |
|
|
Papandrea |
Giovanni |
|
|
Born in
Montenero di Bisaccia |
(CB) |
on
27/06/1940 |
-
Fiscal Code : PPNGNN40H27F158V |
|
|
Residence: |
Cesare
Battisti |
, 20 |
- 20900 |
Monza |
(MB) |
- IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Board
Chairman |
21/04/2017 |
||
|
General
Director |
28/11/1997 |
||
|
Director |
21/04/2017 |
|
|
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.
|
|
Papandrea |
Giovanni |
|
Firm's
Style |
Seat |
Fiscal
Code |
Position |
Position
Status |
Firm's
Status |
|
Fine
Chemical Products F.c.p. Srl |
Milano
(MI) - IT - |
08662390155 |
Sole
partner |
Active |
Registered |
|
Tradere
S.r.l. |
Reggio
Emilia (RE) - IT - |
01585950346 |
Director |
Withdrawn |
Registered |
|
Verdeblu
S.n.c. Di Amico G. E PapandreaG. |
Lipari
(ME) - IT - |
02627570837 |
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 |
|
Abernethy
Zandra Mavor |
BRNZDR42M41Z114Y |
1.395.000
.Eur |
46,50 |
|
|
Papandrea
Armando Christian |
San
Vittore Olona - IT - |
PPNRND72H13Z404J |
802.500
.Eur |
26,75 |
|
Papandrea
Alexis |
San
Vittore Olona - IT - |
PPNLXS77M01Z114N |
802.500
.Eur |
26,75 |
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 |
|
Tradere
S.r.l. |
Reggio
Emilia - IT - |
01585950346 |
11.440
.Eur |
55,00 |
Active |
Firm's location and structure
In order
to carry out its activities the firm uses the following locations:
|
- |
Legal
and operative seat |
|
Libia |
, 1 |
- 20100 |
-
Milano |
(MI) |
- IT - |
|
PHONE |
:
0331935428 |
|
Legal
mail |
:
AMMINISTRAZIONE.CHEMATEK@PEC.IT |
|
- |
Legal
and operative seat |
until
29/04/2012 |
|
Monte
Rosa |
, 19 |
- 20100 |
-
Milano |
(MI) |
- IT - |
|
PHONE |
:
0248009034 |
|
PHONE |
: 029375341 |
|
FAX |
:
029374435 |
|
- |
Secondary
office |
since
11/06/2015 |
|
Avenida
Balboa |
, SNC |
-
Ciudad De Panama |
(EE) |
- PA - |
|
- |
Secondary
office |
since
11/06/2015 |
|
Cra 22
Barrio Alcazares |
, 72-12 |
- Bogota'
D.c. |
(EE) |
- CO - |
|
- |
Branch |
(Warehouse) |
since
06/07/1994 |
|
Mantova |
, 2 |
- 20020 |
-
Lainate |
(MI) |
- IT - |
|
PHONE |
:
0293753433 |
|
PHONE |
:
029375341 |
|
- |
Branch |
(office) |
|
Pantano
D'arci |
, 499 |
- 95100 |
-
Catania |
(CT) |
- IT - |
|
- |
Branch |
(Sales
office) |
since
12/01/2004 |
|
Calle 6
No.710 Esquina A9na |
, 710 |
-
Ciudad De La Habana |
(EE) |
- CU - |
|
- |
Branch |
(Representative
office) |
since
28/04/2010 |
|
Ripetta |
, 70 |
- 00100 |
- Roma |
(RM) |
- IT - |
|
PHONE |
:
0331935411 |
|
FAX |
:
0331935409 |
|
- |
Branch |
since
03/10/2011 |
|
Puccini |
, 18 |
- 20028 |
- San
Vittore Olona |
(MI) |
- IT - |
|
Employees |
: 32 |
|
Fittings
and Equipment for a value of 760.000 |
Eur |
|
Stocks
for a value of 2.380.000 |
Eur |
|
Furniture
and fittings for a value of 100.000 |
Eur |
|
Vehicles
for a value of 67.000 |
Eur |
Trade
organization: direct or by agents.
The firm operates
abroad as importer / exporter..
To
purchase foreign products the firm uses the following channels :
|
-
direct orders to foreign companies |
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:
|
-
Greece |
|
-
France |
|
-
Poland |
|
-
Germany |
|
- Great
Britain |
Export is
mainly towards:
|
-
Greece |
|
-
France |
Historical Information and/or Firm's Status
CHANGES TO
THE LEGAL FORM:
|
Former
legal form |
New
legal form |
Changement
Date |
|
Limited
liability company |
Joint
stock company |
07/10/1996 |
CEASINGS/INCORPORATIONS/MERGES:
|
|
Project
of merging by taking over of |
|
|
|
|
,
Milano |
- IT - |
|
|
Fiscal
Code: 07246880962 |
|
|
Date |
Merging/splitting-up
project: |
11/07/2013 |
|
|
The
firm absorbed by merging of |
|
|
|
|
,
Milano |
- IT - |
|
|
Fiscal
Code: 07246880962 |
|
|
Date |
: |
23/12/2013 |
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 |
|
LIPARI
(ME) |
Buildings |
1 |
30/12/2017 |
|
LIPARI
(ME) |
Land |
1 |
30/12/2017 |
|
LAINATE
(MI) |
Buildings |
1 |
30/12/2017 |
|
LEGNANO
(MI) |
Buildings |
5 |
30/12/2017 |
|
MILANO
(MI) |
Buildings |
2 |
30/12/2017 |
|
ROMA
(RM) |
Buildings |
2 |
30/12/2017 |
|
Buildings
Details |
|
Cadastre |
Title |
Location |
Sheet
No. |
Particle
No. |
Sub No. |
Categorie |
Classe |
Consistence |
Cadastrial
Rent |
Part
No. |
|
B |
Proprieta'
per 1/1 |
LIPARI (ME)
STRADA COMUNALE DITELLA - DRAUTH, SNC Piano T |
003/16 |
362 |
1 |
zona3
cat. D/2 |
Euro:
3.067,76 |
|||
|
B |
Proprieta' |
LAINATE
(MI) VIA MANTOVA, 2/A Piano T-1 |
1 |
105 |
4 |
cat.
D/7 |
Euro:
4.668,77 |
|||
|
B |
Proprieta'
per 1/1 |
LEGNANO
(MI) VIA CONTE CAMILLO BENSO DI CAVOUR, SNC Piano S1 |
13 |
536 |
227 |
cat.
C/6 |
5 |
15 mq |
Euro:72,82 |
|
|
B |
Proprieta'
per 1/1 |
LEGNANO
(MI) VIA CHERUBINI, SNC Piano 2-S1 |
13 |
536 |
30 |
cat.
A/2 |
5 |
7 vani |
Euro:1.102,64 |
|
|
B |
Proprieta'
per 1/1 |
LEGNANO
(MI) VIA NAPOLI, 14 Piano S1 |
29 |
466 |
17 |
cat.
C/6 |
5 |
15 mq |
Euro:72,82 |
|
|
B |
Proprieta'
per 1/1 |
LEGNANO
(MI) VIA NAPOLI, 14 Piano S1 |
29 |
466 |
18 |
cat.
C/6 |
5 |
15 mq |
Euro:72,82 |
|
|
B |
Proprieta'
per 1/1 |
LEGNANO
(MI) VIA NAPOLI, 14 Piano S1-1 |
29 |
466 |
701 |
cat.
A/3 |
4 |
10 vani |
Euro:1.007,09 |
|
|
B |
Proprieta'
per 1/1 |
MILANO
(MI) VIA MONTE ROSA, 15 Piano S2 |
338 |
450 |
26 |
zona2
cat. C/6 |
8 |
19 mq |
Euro:216,86 |
300147 |
|
B |
Proprieta'
per 1/1 |
MILANO
(MI) VIA MONTE ROSA, 19 Piano 3-8 - S2 |
338 |
451 |
501 |
zona2
cat. A/10 |
7 |
7,5
vani |
Euro:6.178,12 |
|
|
B |
Proprieta'
per 1/1 |
ROMA
(RM) VIA DI RIPETTA, 70 Piano T-1 |
470 |
32 |
6 |
zona1
cat. A/10 |
8 |
1,5
vani |
Euro:2.281,45 |
|
|
B |
Proprieta'
per 1/1 |
ROMA
(RM) VIA GALLIA, 122 Piano 4 int. 15 |
891 |
42 |
15 |
zona3
cat. A/3 |
3 |
6 vani |
Euro:1.177,52 |
|
Land
Details |
|
Cadastre |
Title |
Location |
Sheet
No. |
Particle
No. |
Sub No. |
Category |
Class |
Consistence |
Cadastrial
Rent |
Part
No. |
|
L |
Proprieta'
per 1/1 |
LIPARI
(ME) Sez.D |
16 |
471 |
SEMIN
ARBOR |
1 |
2 are
98 ca |
R.D.Euro:1,00
R.A. Euro: 0,38 |
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 1981
Balance
sheets for the years 2014, 2015 and 2016 were analyzed.
During
the last years, it achieved profits (r.o.e. 6,05% on 2016) keeping the turnover
steady during the last two years.
The
operating result in 2016 was positive (4,5%) falling within the field's
average.
The
amount of the operating result is equal to Eur. 1.219.992 ,showing stability in
respect to the value of 2015.
During
the latest financial year the gross operating margin amounted to Eur. 2.203.016
showing an upward trend if compared to 2015.
The
analysis shows a fair financial position as the indebtedness volume is
acceptable (3,12) yet on the increase as against the previous accounting
period.
It's
shareholders funds amount to Eur. 4.948.712 on the same levels as the year
before.
During
the last financial year total debts volume reached Eur. 21.283.421 (Eur.
1.710.125 were m/l term ones) while during the financial year 2015 the amount
was equal to Eur. 16.746.968.
The
recourse to financial credit is within the limits; on the other hand the
recourse to suppliers' credit is rated as fairly high even in comparison with
the sector's.
The
liquidity level is not completely good.
On
average trade credits are collected in 86,32 days. , a value lower than the
sector's average.
As far as
the cash flow is concerned during the latest financial year it amounted to Eur.
1.095.786
Labour
cost amounts to Eur. 1.812.181, with a 6,56% incidence on production costs. ,
whereas the incidence on sales revenues is of 6,53%.
The
financial management is marked by a high incidence of financial charges in
relation to sales revenues (-2,19%).
Financial Data
|
|
Complete
balance-sheet for the year |
al
31/12/2016 |
(in Eur |
x 1) |
|
Item
Type |
Value |
|
Sales |
27.734.456 |
|
Profit
(Loss) for the period |
299.392 |
|
|
Complete
balance-sheet for the year |
al
31/12/2015 |
(in Eur |
x 1) |
|
Item
Type |
Value |
|
Sales |
28.918.153 |
|
Profit
(Loss) for the period |
141.059 |
|
|
Complete
balance-sheet for the year |
al
31/12/2014 |
(in Eur |
x 1) |
|
Item
Type |
Value |
|
Sales |
25.407.357 |
|
Profit
(Loss) for the period |
116.828 |
|
|
Complete
balance-sheet for the year |
al
31/12/2013 |
(in Eur |
x 1) |
|
Item
Type |
Value |
|
Sales |
25.028.924 |
|
Profit
(Loss) for the period |
116.085 |
|
|
Complete
balance-sheet for the year |
al
31/12/2012 |
(in Eur |
x 1) |
|
Item
Type |
Value |
|
Sales |
25.896.886 |
|
Profit
(Loss) for the period |
83.964 |
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 |
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COMPOSITION
ON INVESTMENT |
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|
Rigidity
Ratio |
Units |
0,44 |
0,32 |
0,32 |
0,11 |
|
Elasticity
Ratio |
Units |
0,56 |
0,67 |
0,68 |
0,87 |
|
Availability
of stock |
Units |
0,09 |
0,14 |
0,20 |
0,22 |
|
Total
Liquidity Ratio |
Units |
0,47 |
0,53 |
0,48 |
0,56 |
|
Quick
Ratio |
Units |
0,17 |
0,08 |
0,18 |
0,02 |
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COMPOSITION
ON SOURCE |
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Net
Short-term indebtedness |
Units |
3,12 |
2,56 |
1,88 |
3,81 |
|
Self
Financing Ratio |
Units |
0,18 |
0,21 |
0,22 |
0,17 |
|
Capital
protection Ratio |
Units |
0,33 |
0,35 |
0,34 |
0,65 |
|
Liabilities
consolidation quotient |
Units |
0,12 |
0,27 |
0,24 |
0,12 |
|
Financing |
Units |
4,30 |
3,46 |
3,09 |
4,72 |
|
Permanent
Indebtedness Ratio |
Units |
0,27 |
0,37 |
0,36 |
0,30 |
|
M/L
term Debts Ratio |
Units |
0,09 |
0,16 |
0,14 |
0,07 |
|
Net
Financial Indebtedness Ratio |
Units |
0,87 |
1,80 |
1,26 |
1,28 |
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CORRELATION |
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Fixed
assets ratio |
Units |
0,62 |
1,16 |
1,13 |
2,06 |
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Current
ratio |
Units |
0,78 |
1,13 |
1,20 |
1,16 |
|
Acid
Test Ratio-Liquidity Ratio |
Units |
0,66 |
0,89 |
0,85 |
0,84 |
|
Structure's
primary quotient |
Units |
0,42 |
0,65 |
0,69 |
1,28 |
|
Treasury's
primary quotient |
Units |
0,24 |
0,13 |
0,32 |
0,03 |
|
Rate of
indebtedness ( Leverage ) |
% |
547,78 |
474,27 |
455,73 |
591,61 |
|
Current
Capital ( net ) |
Value |
-4.329.645 |
1.775.713 |
2.388.265 |
219.071 |
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RETURN |
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Return
on Sales |
% |
3,95 |
1,48 |
1,20 |
2,22 |
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Return
on Equity - Net- ( R.O.E. ) |
% |
6,05 |
2,91 |
2,49 |
6,27 |
|
Return
on Equity - Gross - ( R.O.E. ) |
% |
12,39 |
6,26 |
6,55 |
15,95 |
|
Return
on Investment ( R.O.I. ) |
% |
4,50 |
5,88 |
3,72 |
4,19 |
|
Return/
Sales |
% |
4,40 |
4,66 |
3,13 |
3,42 |
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Extra
Management revenues/charges incid. |
% |
24,54 |
10,46 |
14,67 |
29,26 |
|
Cash
Flow |
Value |
1.095.786 |
427.704 |
304.011 |
61.669 |
|
Operating
Profit |
Value |
1.219.992 |
1.348.588 |
796.414 |
95.558 |
|
Gross
Operating Margin |
Value |
2.203.016 |
1.635.233 |
983.597 |
144.934 |
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MANAGEMENT |
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Credits
to clients average term |
Days |
86,32 |
109,86 |
77,40 |
120,94 |
|
Debts
to suppliers average term |
Days |
163,67 |
84,92 |
69,26 |
120,04 |
|
Average
stock waiting period |
Days |
30,84 |
40,66 |
60,35 |
61,92 |
|
Rate of
capital employed return ( Turnover ) |
Units |
1,02 |
1,26 |
1,19 |
1,27 |
|
Rate of
stock return |
Units |
11,67 |
8,85 |
5,96 |
5,74 |
|
Labour
cost incidence |
% |
6,53 |
5,71 |
6,07 |
7,77 |
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Net
financial revenues/ charges incidence |
% |
-2,19 |
-3,67 |
-2,29 |
-1,26 |
|
Labour
cost on purchasing expenses |
% |
6,56 |
5,76 |
6,00 |
7,90 |
|
Short-term
financing charges |
% |
2,86 |
6,34 |
4,03 |
2,67 |
|
Capital
on hand |
% |
97,74 |
79,37 |
84,27 |
78,39 |
|
Sales
pro employee |
Value |
495.258 |
567.022 |
529.319 |
437.713 |
|
Labour
cost pro employee |
Value |
32.360 |
32.370 |
32.150 |
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
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Population
living in the province |
: |
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Population
living in the region |
: |
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Number
of families in the region |
: |
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Monthly
family expences average in the region (in Eur..) :
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- per
food products |
: |
|
|
- per
non food products |
: |
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- per
energy consume |
: |
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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 63.47 |
|
|
1 |
INR 86.15 |
|
Euro |
1 |
INR 75.92 |
|
Euro |
1 |
INR 76.28 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
VAR |
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Report Prepared
by : |
SYL |
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 |
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NB |
New Business |
No recommendation can be done due to
business in infancy stage |
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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.