|
|
|
MIRA INFORM REPORT
|
Report No. : |
488599 |
|
Report Date : |
27.01.2018 |
IDENTIFICATION DETAILS
|
Name : |
NORDMECCANICA S.P.A. |
|
|
|
|
Registered Office : |
Via Orsina
16, 16A 16B, 29122 - Piacenza(PC)-IT |
|
|
|
|
Country : |
Italy |
|
|
|
|
Date of Incorporation : |
12.10.1978 |
|
|
|
|
Legal Form : |
Joint stock company |
|
|
|
|
Line of Business : |
·
General
Mechanics ·
Manufacture Of
Machinery And Equipment N.E.C. |
|
|
|
|
No. of Employees : |
From 201 to 250 |
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+ |
Low Risk |
Business dealings permissible with low
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 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
|
Nordmeccanica S.p.a. |
|
Via |
Orsina 16, |
16A 16B |
|
29122 |
- Piacenza |
(PC) |
-IT- |
Summary
|
Fiscal Code |
: |
00333340339 |
|
Legal Form |
: |
Joint stock company |
|
start of Activities |
: |
28/04/1980 |
|
Equity |
: |
Over 2.582.254 |
|
Turnover Range |
: |
75.000.000/100.000.000 |
|
Number of Employees |
: |
from 201 to 250 |
Activity
General mechanics
Manufacture of machinery and
equipment n.e.c.
Legal Data
Legal Form : Joint stock
company
|
Fiscal Code : 00333340339 |
|
Foreign Trade Reg. no. :
PC004092 since 14/01/1992 |
|
Chamber of Commerce no. :
99115 of Piacenza since 30/10/1978 |
|
Firms' Register : PC032-4868
of Piacenza since 19/02/1996 |
|
V.A.T. Code : 00333340339 |
|
Establishment date |
: 12/10/1978 |
|
|
Start of Activities |
: 28/04/1980 |
|
|
Legal duration |
: 31/12/2030 |
|
|
Nominal Capital |
: 5.450.000 |
|
|
Subscribed Capital |
: 5.000.000 |
|
|
Paid up Capital |
: 5.000.000 |
|
Legal mail : |
NORDMECCANICA@PEC.NORDMECCANICA.COM |
Members
|
|
Cerciello |
Antonio |
|
|
Born in Marigliano |
(NA) |
on 01/01/1940 |
- Fiscal Code :
CRCNTN40A01E955Q |
|
|
Residence: |
Matteotti |
, 16 |
- 29121 |
Piacenza |
(PC) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
29/04/2016 |
||
|
Board Chairman |
29/04/2016 |
||
|
Managing Director |
29/04/2016 |
|
|
No Prejudicial events are
reported |
|
|
No Protests registered |
|
|
Cerciello |
Vincenzo |
|
|
Born in Napoli |
(NA) |
on 08/11/1975 |
- Fiscal Code :
CRCVCN75S08F839L |
|
|
Residence: |
Chiapponi |
, 20 |
- 29121 |
Piacenza |
(PC) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
29/04/2016 |
||
|
Managing Director |
29/04/2016 |
|
|
No Prejudicial events are
reported |
|
|
No Protests registered |
|
|
Cerciello |
Alfredo |
|
|
Born in Napoli |
(NA) |
on 15/10/1977 |
- Fiscal Code :
CRCLRD77R15F839N |
|
|
Residence: |
Mandelli |
, 4 |
- 29121 |
Piacenza |
(PC) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
07/04/2003 |
||
|
Director |
29/04/2016 |
||
|
Managing Director |
29/04/2016 |
|
|
No Prejudicial events are
reported |
|
|
No Protests registered |
|
|
Faziotti |
Marika |
|
|
Born in Piacenza |
(PC) |
on 04/09/1974 |
- Fiscal Code :
FZTMRK74P44G535Y |
|
|
Residence: |
Breda |
, 27 |
- 29010 |
Monticelli d'Ongina |
(PC) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
10/04/2008 |
|
|
No Prejudicial events are
reported |
|
|
No Protests registered |
|
|
Ginanneschi |
Fabio |
|
|
Born in Piacenza |
(PC) |
on 06/02/1958 |
- Fiscal Code :
GNNFBA58B06G535U |
|
|
Residence: |
Einstein Int. 2 |
, 7 |
- 29010 |
Monticelli d'Ongina |
(PC) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
10/04/2008 |
|
|
No Prejudicial events are
reported |
|
|
No Protests registered |
|
|
Cerfin S.p.a. |
|
|
: |
Dell'orsina |
, 16 |
- 29122 |
Piacenza |
(PC) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Partner |
|
|
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.
|
|
Cerciello |
Antonio |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Nordtec Srl |
Piacenza (PC) - IT - |
00189160336 |
Sole Director |
Withdrawn |
Ceased |
|
Nordtec Srl |
Piacenza (PC) - IT - |
00189160336 |
Attorney with special power |
Withdrawn |
Ceased |
|
Cmf Omat Srl |
Piacenza (PC) - IT - |
01322680065 |
Sole Director |
Withdrawn |
Ceased |
|
P.p. S.r.l. Promotion
Packaging |
Marigliano (NA) - IT - |
04482250638 |
Sole Director |
Withdrawn |
Ceased |
|
P.p. S.r.l. Promotion
Packaging |
Marigliano (NA) - IT - |
04482250638 |
Liquidator |
Withdrawn |
Ceased |
|
Tecnologie E Sistemi Per
L'automazione *Tesy S.r.l. |
Piacenza (PC) - IT - |
00927060335 |
Attorney with special power |
Withdrawn |
Ceased |
|
Tsi S.r.l. |
Piacenza (PC) - IT - |
01136540331 |
Sole Director |
Withdrawn |
Ceased |
|
Samp Srl |
Milano (MI) - IT - |
01532630173 |
Sole Director |
Withdrawn |
Ceased |
|
Comif - S.p.a. Costruzione
Macchine Imballaggio Flessibile - |
Fisciano (SA) - IT - |
00296340656 |
Chairman |
Active |
Registered |
|
Power S.r.l. |
Piacenza (PC) - IT - |
01305850339 |
Attorney with special power |
Withdrawn |
Ceased |
|
Cerfin S.p.a. |
Piacenza (PC) - IT - |
01568980336 |
Sole Director |
Active |
Registered |
|
Nordmeccanica Vacuum
Societa' A ResponsaBilita' Limitata Enunciabile Anche Nordm |
Piacenza (PC) - IT - |
01633500333 |
Sole Director |
Withdrawn |
Registered |
|
|
Cerciello |
Vincenzo |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
River Volley Societa'
Sportiva Dilettantistica A Responsabilita' Limitata |
Piacenza (PC) - IT - |
01381470333 |
Sole Director |
Active |
Registered |
|
Ristorland S.r.l. |
Piacenza (PC) - IT - |
01456690336 |
Director |
Withdrawn |
Registered |
|
Ristorland S.r.l. |
Piacenza (PC) - IT - |
01456690336 |
Managing Director |
Withdrawn |
Registered |
|
Copra Volley Piacenza S.r.l.
Societa' Sportiva Dilettantistica |
Piacenza (PC) - IT - |
01377030331 |
Director |
Withdrawn |
Registered |
|
Copra Volley Piacenza S.r.l.
Societa' Sportiva Dilettantistica |
Piacenza (PC) - IT - |
01377030331 |
Assistant board Chairman |
Withdrawn |
Registered |
|
|
Cerciello |
Alfredo |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Nordtec Srl |
Piacenza (PC) - IT - |
00189160336 |
Sole Director |
Withdrawn |
Ceased |
|
Nordtec Srl |
Piacenza (PC) - IT - |
00189160336 |
Attorney with special power |
Withdrawn |
Ceased |
|
Cmf Omat Srl |
Piacenza (PC) - IT - |
01322680065 |
Attorney with special power |
Withdrawn |
Ceased |
|
Tecnologie E Sistemi Per
L'automazione *Tesy S.r.l. |
Piacenza (PC) - IT - |
00927060335 |
Sole Director |
Withdrawn |
Ceased |
|
Power S.r.l. |
Piacenza (PC) - IT - |
01305850339 |
Sole Director |
Withdrawn |
Ceased |
|
River Volley Societa'
Sportiva Dilettantistica A Responsabilita' Limitata |
Piacenza (PC) - IT - |
01381470333 |
Institor |
Active |
Registered |
|
Copra Volley Piacenza S.r.l.
Societa' Sportiva Dilettantistica |
Piacenza (PC) - IT - |
01377030331 |
Director |
Withdrawn |
Registered |
|
Nordmeccanica Vacuum
Societa' A ResponsaBilita' Limitata Enunciabile Anche Nordm |
Piacenza (PC) - IT - |
01633500333 |
Attorney with special power |
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 |
|
Cerciello Alfredo |
Piacenza - IT - |
CRCLRD77R15F839N |
5.000 .Eur |
0,10 |
|
Cerfin S.p.a. |
Piacenza - IT - |
01568980336 |
4.995.000 .Eur |
99,90 |
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 |
|
Nordmeccanica Vacuum
Societa' A Responsa Bilita' Limitata Enunciabile Anche Nordm |
Piacenza - IT - |
01633500333 |
100,00 |
Active |
Firm's location and structure
In order to carry out its
activities the firm uses the following locations:
|
- |
Legal and operative seat |
(Factory) |
since 08/05/1980 |
|
Orsina 16 |
, 16A 16B |
- 29100 |
- Piacenza |
(PC) |
- IT - |
|
PHONE |
: 0523596411 |
|
FAX |
: 0523612051 |
|
Legal mail |
:
NORDMECCANICA@PEC.NORDMECCANICA.COM |
|
- |
Branch |
(Factory) |
since 12/10/2004 |
|
I^ Maggio |
, 91/93 |
- 29027 |
- Podenzano |
(PC) |
- IT - |
|
- |
Branch |
(Factory) |
since 16/12/2015 |
|
Ranza |
, 22/24 |
- 29100 |
- Piacenza |
(PC) |
- IT - |
|
Employees |
: 202 |
|
Fittings and Equipment for a
value of 1.320.000 |
Eur |
|
Stocks for a value of
13.460.000 |
Eur |
|
Furniture and fittings for a
value of 36.000 |
Eur |
|
Vehicles for a value of
100.000 |
Eur |
The firm has a direct
commercial organization
Sales are mainly addressed to
Northern Italy
The firm operates abroad as
importer / exporter..
To purchase foreign products
the firm uses the following channels :
|
- national or foreign
important buyers |
|
- direct orders to foreign
companies |
Export represents from 20% to
50% of the global turnover.
Products abroad are placed by
:
|
- its own sales net-work |
|
- its own agents |
|
- direct orders from foreign
companies |
Import comes generally from
the following nations:
|
- Great Britain |
|
- 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 |
18/03/1981 |
CEASINGS/INCORPORATIONS/MERGES:
|
|
The firm absorved |
|
|
|
|
Dell'orsina |
, 16 |
, 29100 |
, Piacenza |
(PC) |
- IT - |
|
|
Fiscal Code: 00189160336 |
|
|
Date |
: |
14/12/2004 |
|
|
The firm absorved |
|
|
|
|
Bresciani |
, 7 |
, 29100 |
, Piacenza |
(PC) |
- IT - |
|
|
Fiscal Code: 00927060335 |
|
|
Date |
: |
14/12/2004 |
|
|
The firm absorved |
|
|
|
|
Dell'orsina |
, 16 |
, 29100 |
, Piacenza |
(PC) |
- IT - |
|
|
Fiscal Code: 01305850339 |
|
|
Date |
: |
14/12/2004 |
|
|
The firm absorved |
|
|
|
|
Orsina |
, 16 |
, 29100 |
, Piacenza |
(PC) |
- IT - |
|
|
Fiscal Code: 01136540331 |
|
|
Date |
: |
14/12/2004 |
|
|
Project of merging by taking
over of |
|
|
|
|
Dell'orsina |
, 16 |
, 29100 |
, Piacenza |
(PC) |
- IT - |
|
|
Fiscal Code: 01305850339 |
|
|
Date |
Merging/splitting-up
project: |
25/06/2004 |
|
|
The firm absorbed by merging
of |
|
|
|
|
Dell'orsina |
, 16 |
, 29100 |
, Piacenza |
(PC) |
- IT - |
|
|
Fiscal Code: 01305850339 |
|
|
Date |
: |
14/12/2004 |
|
|
Project of merging by taking
over of |
|
|
|
|
Dell'orsina |
, 16 |
, 29122 |
, Piacenza |
(PC) |
- IT - |
|
|
Fiscal Code: 01633500333 |
|
|
Date |
Merging/splitting-up
project: |
15/06/2015 |
|
|
Resolution of merging of |
|
|
|
|
Dell'orsina |
, 16 |
, 29122 |
, Piacenza |
(PC) |
- IT - |
|
|
Fiscal Code: 01633500333 |
|
|
Date |
: |
03/07/2015 |
|
|
The firm absorbed by merging
of |
|
|
|
|
Dell'orsina |
, 16 |
, 29122 |
, Piacenza |
(PC) |
- IT - |
|
|
Fiscal Code: 01633500333 |
|
|
Date |
: |
11/12/2015 |
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.
Bankers
The firm operates with:
|
Bank Name |
Agency Name |
Address |
ZIP Code |
City |
ABI Code |
CAB Code |
|
UNICREDIT BANCA SPA |
2008 |
0 |
National Real Estates Survey
The firm under review, by the
reported percentages, owns the following real estates:
|
Town |
Cadastre |
No. Immovables |
Up to Date |
|
NAPOLI (NA) |
Buildings |
1 |
28/08/2017 |
|
PIACENZA (PC) |
Buildings |
6 |
28/08/2017 |
|
PIACENZA (PC) |
Land |
1 |
28/08/2017 |
|
PODENZANO (PC) |
Buildings |
2 |
28/08/2017 |
|
Buildings Details |
|
Cadastre |
Title |
Location |
Sheet No. |
Particle No. |
Sub No. |
Categorie |
Classe |
Consistence |
Cadastrial Rent |
Part No. |
|
B |
Proprieta' per 1/1 |
NAPOLI (NA) VIA COMUNALE
CINTIA A SOCCAVO, 36 Piano 1 int. 3 |
CHI/5 |
183 |
263 |
zona10A cat. A/10 |
2 |
5,5 vani |
Euro:2.726,89 |
|
|
B |
Proprieta' per 1/1 |
PIACENZA (PC) STRADA DELL'
ORSINA, 16 Piano T-1 |
23 |
3796 |
zona2 cat. D/7 |
Euro: 13.720,00 |
||||
|
B |
Proprieta' per 1/1 |
PIACENZA (PC) STRADA DELL'
ORSINA, 16/A Piano T-1 - S1 |
23 |
682 |
4 |
zona2 cat. D/7 |
Euro: 17.800,00 |
|||
|
B |
Proprieta' per 1/1 |
PIACENZA (PC) STRADA DELL' ORSINA,
16/A Piano T-1 - S1 |
23 |
682 |
5 |
zona2 cat. A/2 |
4 |
6,5 vani |
Euro:503,55 |
|
|
B |
Proprieta' per 1/1 |
PIACENZA (PC) STRADA
DELL'ORSINA, 12 Piano T |
23 |
830 |
1 |
zona2 cat. C/3 |
5 |
435 mq |
Euro:1.303,02 |
|
|
B |
Proprieta' per 1/1 |
PIACENZA (PC) VIA ANTONIO
BRESCIANI, 7 Piano T-1 - S1 |
23 |
839 |
zona2 cat. D/7 |
Euro: 9.598,00 |
||||
|
B |
Proprieta' per 1/1 |
PIACENZA (PC) STRADA DELL'
ORSINA, 12 Piano T-1 |
23 |
890 |
zona2 cat. D/7 |
Euro: 8.740,00 |
||||
|
B |
Proprieta' per 1/1 |
PODENZANO (PC) VIA PRIMO
MAGGIO, Piano T-S1 |
1 |
89 |
1 |
cat. D/1 |
Euro: 21.200,00 |
|||
|
B |
Proprieta' per 1/1 |
PODENZANO (PC) VIA PRIMO
MAGGIO, 91 Piano T-S1 |
1 |
89 |
2 |
cat. A/2 |
2 |
6,5 vani |
Euro:352,48 |
|
Land Details |
|
Cadastre |
Title |
Location |
Sheet No. |
Particle No. |
Sub No. |
Category |
Class |
Consistence |
Cadastrial Rent |
Part No. |
|
L |
Proprieta' per 1/1 |
PIACENZA (PC) |
23 |
824 |
SEMIN IRRIG |
2 |
90 ca |
R.D.Euro:0,95 R.A. Euro:
0,98 |
11598 |
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 1980
The eonomic-financial analysis
is based on the latest 3 b/s.
During the last years, it
achieved profits (r.o.e. 14,24% on 2016) but without a significant increase in
the turnover.
The operating result was
positive in the last financial year (9,7%) and in line with the sector's
average.
The amount of the operating
result for the year 2016 is of Eur. 6.638.399 on stable levels if compared to
the previous year.
A gross operating margine for
a value of Eur. 7.497.424 was reached. stable if compared to the financial year
2015.
From a financial aspect the
company's status covers total short-term debts; the indebtedness volume in 2016
is in fact 0,53 lower than in 2015.
The management generated
equity capital for an amount of Eur. 30.219.098 , stable in comparison with the
value of the previous year.
In the year 2016 total debts
amounted to Eur. 36.559.947 , a more or less stable value.
Financial debts exposure is
under control while the recourse to commercial credit is rather frequent even
if it still falls within the sector's average.
Liquidity is good (1,73)
As far as the collection of
credit goes, the average is high (94,18 days). within the standard level of the
average of the sector.
2016 financial year closed
with a cash flow of Eur. 5.161.854
Labour cost expenses amount to
Eur. 11.420.080 , representing 15,61% on the total of production costs. and a
14,5% incidence on sales volumes.
Financial charges have a
limited incidence (-0,52%) on sales volume.
Financial Data
|
|
Complete balance-sheet for
the year |
al 31/12/2016 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
78.752.902 |
|
Profit (Loss) for the period |
4.302.829 |
|
|
Complete balance-sheet for
the year |
al 31/12/2015 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
77.577.635 |
|
Profit (Loss) for the period |
3.311.312 |
|
|
Complete balance-sheet for
the year |
al 31/12/2014 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
73.255.783 |
|
Profit (Loss) for the period |
4.369.975 |
|
|
Complete balance-sheet for
the year |
al 31/12/2013 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
71.809.840 |
|
Profit (Loss) for the period |
3.072.926 |
|
|
Complete balance-sheet for
the year |
al 31/12/2012 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
65.237.900 |
|
Profit (Loss) for the period |
2.900.924 |
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 |
0,11 |
0,11 |
0,12 |
0,16 |
|
Elasticity Ratio |
Units |
0,86 |
0,87 |
0,86 |
0,82 |
|
Availability of stock |
Units |
0,20 |
0,21 |
0,21 |
0,20 |
|
Total Liquidity Ratio |
Units |
0,67 |
0,66 |
0,64 |
0,56 |
|
Quick Ratio |
Units |
0,26 |
0,13 |
0,16 |
0,04 |
|
COMPOSITION ON SOURCE |
|||||
|
Net Short-term indebtedness |
Units |
0,53 |
0,93 |
0,99 |
3,10 |
|
Self Financing Ratio |
Units |
0,44 |
0,40 |
0,38 |
0,19 |
|
Capital protection Ratio |
Units |
0,69 |
0,68 |
0,59 |
0,63 |
|
Liabilities consolidation
quotient |
Units |
0,09 |
0,19 |
0,15 |
0,16 |
|
Financing |
Units |
1,21 |
1,46 |
1,57 |
4,16 |
|
Permanent Indebtedness Ratio |
Units |
0,49 |
0,49 |
0,46 |
0,38 |
|
M/L term Debts Ratio |
Units |
0,04 |
0,09 |
0,08 |
0,07 |
|
Net Financial Indebtedness
Ratio |
Units |
0,00 |
0,04 |
0,00 |
0,02 |
|
CORRELATION |
|||||
|
Fixed assets ratio |
Units |
4,23 |
4,47 |
3,78 |
1,80 |
|
Current ratio |
Units |
1,73 |
1,75 |
1,61 |
1,24 |
|
Acid Test Ratio-Liquidity
Ratio |
Units |
1,33 |
1,33 |
1,21 |
0,96 |
|
Structure's primary quotient |
Units |
3,85 |
3,61 |
3,13 |
1,18 |
|
Treasury's primary quotient |
Units |
0,53 |
0,26 |
0,29 |
0,06 |
|
Rate of indebtedness (
Leverage ) |
% |
226,43 |
251,77 |
263,26 |
534,62 |
|
Current Capital ( net ) |
Value |
24.846.900 |
24.356.346 |
19.362.896 |
881.162 |
|
RETURN |
|||||
|
Return on Sales |
% |
6,55 |
5,41 |
6,88 |
3,66 |
|
Return on Equity - Net- (
R.O.E. ) |
% |
14,24 |
12,78 |
19,33 |
8,90 |
|
Return on Equity - Gross - (
R.O.E. ) |
% |
20,61 |
19,39 |
30,34 |
19,94 |
|
Return on Investment (
R.O.I. ) |
% |
9,70 |
9,67 |
12,08 |
5,24 |
|
Return/ Sales |
% |
8,43 |
8,13 |
9,81 |
4,57 |
|
Extra Management
revenues/charges incid. |
% |
64,82 |
52,48 |
60,80 |
35,24 |
|
Cash Flow |
Value |
5.161.854 |
4.195.547 |
5.038.716 |
214.985 |
|
Operating Profit |
Value |
6.638.399 |
6.310.078 |
7.186.973 |
310.321 |
|
Gross Operating Margin |
Value |
7.497.424 |
7.194.313 |
7.855.714 |
419.513 |
|
MANAGEMENT |
|||||
|
Credits to clients average
term |
Days |
94,18 |
120,22 |
105,23 |
117,11 |
|
Debts to suppliers average
term |
Days |
123,39 |
125,31 |
126,81 |
124,74 |
|
Average stock waiting period |
Days |
61,51 |
64,01 |
62,57 |
56,77 |
|
Rate of capital employed
return ( Turnover ) |
Units |
1,15 |
1,19 |
1,23 |
1,11 |
|
Rate of stock return |
Units |
5,85 |
5,62 |
5,75 |
6,23 |
|
Labour cost incidence |
% |
14,50 |
14,50 |
14,55 |
17,11 |
|
Net financial revenues/
charges incidence |
% |
-0,52 |
-1,14 |
-0,45 |
-0,80 |
|
Labour cost on purchasing
expenses |
% |
15,61 |
15,57 |
15,87 |
17,78 |
|
Short-term financing charges |
% |
1,22 |
2,45 |
1,08 |
2,20 |
|
Capital on hand |
% |
86,89 |
84,11 |
81,24 |
89,56 |
|
Sales pro employee |
Value |
221.216 |
221.018 |
219.987 |
208.953 |
|
Labour cost pro employee |
Value |
32.078 |
32.054 |
32.009 |
36.854 |
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 |
: |
|
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 804.
The insolvency index for the
region is 0,46, , while for the province it is 0,30.
Total Bankrupt companies in
the province : 915.
Total Bankrupt companies in
the region : 14.698.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
INR 63.50 |
|
|
1 |
INR 90.92 |
|
Euro |
1 |
INR 79.07 |
|
Euro |
1 |
INR 79.02 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
NIY |
|
|
|
|
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.