|
|
|
MIRA INFORM REPORT
|
Report No. : |
488049 |
|
Report Date : |
30.01.2018 |
IDENTIFICATION DETAILS
|
Name : |
REGGIANA
RIDUTTORI - S.R.L. |
|
|
|
|
Registered Office : |
Via Martiri Di Marzabotto, 7 42020 - San Polo D'Enza (Re) |
|
|
|
|
Country : |
Italy |
|
|
|
|
Financials (as on) : |
31.12.206 |
|
|
|
|
Date of Incorporation : |
19.09.1979 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
Subject is engaged in Manufacture of other parts
and accessories for motor vehicles and their engines. |
|
|
|
|
No. of Employees : |
From 150 to 175 |
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 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. 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 and address
Reggiana
Riduttori - S.r.l.
Via Martiri
Di Marzabotto, 7
42020 - San Polo d'Enza (RE) -IT-
Summary
|
Fiscal
Code |
: |
00634700355 |
|
Legal
Form |
: |
Limited
liability company |
|
start
of Activities |
: |
19/09/1979 |
|
Equity |
: |
Over
2.582.254 |
|
Turnover
Range |
: |
50.000.000/75.000.000 |
|
Number
of Employees |
: |
from
150 to 175 |
Activity
Manufacture
of other parts and accessories for motor vehicles and their engines
Legal
Data
Legal
Form : Limited liability company
|
Fiscal
Code : 00634700355 |
|
Foreign
Trade Reg. no. : RE009121 since 06/12/1991 |
|
Foreign
Trade Reg. no. : 9121 of Reggio Emilia since 06/12/1991 |
|
Foreign
Trade Reg. no. : 009121 of Reggio Emilia since 06/12/1991 |
|
Chamber
of Commerce no. : 144340 of Reggio Emilia since 27/11/1979 |
|
Firms'
Register : RE033-9112 of Reggio Emilia since 19/02/1996 |
|
V.A.T.
Code : 00634700355 |
|
Tribunal
Co. Register : 9122 of |
|
Foundation
date |
:
19/09/1979 |
|
|
Establishment
date |
:
19/09/1979 |
|
|
Start
of Activities |
:
19/09/1979 |
|
|
Legal
duration |
:
31/12/2050 |
|
|
Nominal
Capital |
:
6.000.000 |
|
|
Subscribed
Capital |
:
6.000.000 |
|
|
Paid
up Capital |
:
6.000.000 |
|
Legal
mail : |
REGGIANARIDUTTORI@LEGALMAIL.IT |
Members
|
|
Albarelli |
Giannicola |
|
|
Born
in Reggio Emilia |
(RE) |
on
08/12/1967 |
-
Fiscal Code : LBRGNC67T08H223N |
|
|
Residence: |
Brancati |
,
4 |
-
42123 |
Reggio
Emilia |
(RE) |
-
IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Sole
Director |
05/02/1997 |
|
|
No
Prejudicial events are reported |
|
|
No
Protests registered |
|
|
Reggiana
Finanziaria - S.r.l. |
|
|
Residence: |
Borsellino |
,
22 |
-
42124 |
Reggio
Emilia |
(RE) |
-
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.
|
|
Albarelli |
Giannicola |
|
Firm's
Style |
Seat |
Fiscal
Code |
Position |
Position
Status |
Firm's
Status |
|
Iteco
- Societa' Per Azioni |
Pegognaga
(MN) - IT - |
00511910358 |
Director |
Withdrawn |
Registered |
|
Iteco
- Societa' Per Azioni |
Pegognaga
(MN) - IT - |
00511910358 |
Sole
Director |
Withdrawn |
Registered |
|
Iteco
- Societa' Per Azioni |
Pegognaga
(MN) - IT - |
00511910358 |
Board
Chairman |
Withdrawn |
Registered |
|
Rr
Service S.r.l. |
Bibbiano
(RE) - IT - |
02090090966 |
Sole
Director |
Withdrawn |
Registered |
|
Fidindustria
Emilia Romagna Societa' Cooperativa |
Bologna
(BO) - IT - |
92003300370 |
Director |
Withdrawn |
Registered |
|
Cofire |
Reggio
Emilia (RE) - IT - |
80003840354 |
Director |
Withdrawn |
Registered |
|
Automotive
Industrial Project, ConsorzioPer L'internazionalizzaz Ione Delle Imp |
Reggio
Emilia (RE) - IT - |
01460120353 |
Director |
Withdrawn |
Registered |
|
Rr
Veneto S.r.l. |
Pernumia
(PD) - IT - |
01402040289 |
Sole
Director |
Withdrawn |
Registered |
|
Reggiana
Finanziaria - S.r.l. |
Reggio
Emilia (RE) - IT - |
00259500353 |
Sole
Director |
Active |
Registered |
|
Reggiana
Finanziaria - S.r.l. |
Reggio
Emilia (RE) - IT - |
00259500353 |
Sole
partner |
Active |
Registered |
|
All
Mark - S.r.l. |
Reggio
Emilia (RE) - IT - |
00906070354 |
Sole
Director |
Active |
Registered |
|
Hpp
S.r.l. |
Bibbiano
(RE) - IT - |
01591120355 |
Sole
Director |
Withdrawn |
Registered |
|
"s.n.c.-o.m.i.-di
Casoli Lidia E C." InLiquidazione |
Reggio
Emilia (RE) - IT - |
00149390353 |
Partner |
Withdrawn |
Ceased |
|
Immpeg
S.r.l. |
Reggio
Emilia (RE) - IT - |
01889330351 |
Sole
Director |
Active |
Registered |
|
Alliance
Transmission S.r.l. |
Modena
(MO) - IT - |
02681880361 |
Sole
Director |
Withdrawn |
Registered |
|
General
Wrap S.r.l. |
Monza
(MB) - IT - |
03069440968 |
Sole
Director |
Withdrawn |
Ceased |
|
Finteco
S.r.l. |
Reggio
Emilia (RE) - IT - |
01967710359 |
Sole
Director |
Active |
Registered |
|
Rr
International Srl |
Reggio
Emilia (RE) - IT - |
02214670354 |
Sole
Director |
Active |
Registered |
|
Kbc
Holding S.r.l. |
Reggio
Emilia (RE) - IT - |
02731570350 |
Director |
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 |
|
Albarelli
Giannicola |
Reggio
Emilia - IT - |
LBRGNC67T08H223N |
43.680
.Eur |
0,72 |
|
Reggiana
Finanziaria - S.r.l. |
Reggio
Emilia - IT - |
00259500353 |
5.956.320
.Eur |
99,27 |
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 |
|
Matilde
Di Canossa Golf - S.p.a. |
Reggio
Emilia - IT - |
01278170350 |
9.920
.Eur |
0,29 |
Active |
Firm's
location and structure
In
order to carry out its activities the firm uses the following locations:
|
- |
Legal
and operative seat |
since
07/07/1982 |
|
Martiri
Di Marzabotto |
,
7 |
-
42020 |
-
San Polo d'Enza |
(RE) |
-
IT - |
|
PHONE |
:
0522259111 |
|
FAX |
:
0522874321 |
|
Legal
mail |
:
REGGIANARIDUTTORI@LEGALMAIL.IT |
|
- |
Branch |
(Factory) |
since
02/03/2013 |
|
M.
Di Marzabotto |
,
9/A |
-
42020 |
-
San Polo d'Enza |
(RE) |
-
IT - |
|
- |
Branch |
(Factory) |
since
05/03/2013 |
|
C.
Prampolini |
,
11 |
-
42020 |
-
San Polo d'Enza |
(RE) |
-
IT - |
|
Employees |
:
162 |
|
Assistants |
:
2 |
|
Fittings
and Equipment for a value of 8.490.000 |
Eur |
|
Stocks
for a value of 13.480.000 |
Eur |
|
Furniture
and fittings for a value of 52.000 |
Eur |
|
Vehicles:
7. |
Historical
Information and/or Firm's Status
COMPANY
STYLE MODIFICATIONS:
|
Former
Style |
New
Style |
Changement
Date |
|
RR.
OMI Reggiana Riduttori Officina Meccanica Ingranaggi Srl |
07/07/1982 |
CEASINGS/INCORPORATIONS/MERGES:
|
|
Splitting-up
project and setting-up of new co |
|
|
Date |
Merging/Splitting-up
Project-New Company: |
30/10/2000 |
|
|
Splitting-up
and setting-up of a new company |
|
|
|
|
Borsellino |
,
22 |
,
42124 |
,
Reggio Emilia |
(RE) |
-
IT - |
|
|
Fiscal
Code: 01967710359 |
|
|
Date |
Splitting-up: |
01/10/2001 |
|
|
Project
of merging by taking over of |
|
|
|
|
Nicolo'
Biondo |
,
474/478 |
,
41100 |
,
Modena |
(MO) |
-
IT - |
|
|
Fiscal
Code: 02681880361 |
|
|
Date |
Merging/splitting-up
project: |
15/10/2008 |
|
|
The
firm absorbed by merging of |
|
|
|
|
Nicolo'
Biondo |
,
474/478 |
,
41100 |
,
Modena |
(MO) |
-
IT - |
|
|
Fiscal
Code: 02681880361 |
|
|
Date |
: |
12/01/2009 |
|
|
Project
of merging by taking over of |
|
|
|
|
F.lli
Corradini |
,
52/D |
,
42021 |
,
Bibbiano |
(RE) |
-
IT - |
|
|
Fiscal
Code: 02090090966 |
|
|
Date |
Merging/splitting-up
project: |
31/03/2011 |
|
|
The
firm absorbed by merging of |
|
|
|
|
F.lli
Corradini |
,
52/D |
,
42021 |
,
Bibbiano |
(RE) |
-
IT - |
|
|
Fiscal
Code: 02090090966 |
|
|
Date |
: |
20/07/2011 |
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 |
|
SAN
POLO D'ENZA (RE) |
Buildings |
4 |
22/01/2018 |
|
SAN
POLO D'ENZA (RE) |
Land |
2 |
22/01/2018 |
Buildings
Details
|
|
Cadastre |
Title |
Location |
Sheet
No. |
Particle
No. |
Sub
No. |
Categorie |
Classe |
Consistence |
Cadastrial
Rent |
Part
No. |
|
B |
Proprieta'
per 1000/1000 |
SAN
POLO D'ENZA (RE) VIA MARTIRI DI MARZABOTTO, 7 Piano S1-T - 1 |
10 |
272 |
5 |
cat.
D/7 |
Euro:
40.728,54 |
|||
|
B |
Proprieta'
per 1000/1000 |
SAN
POLO D'ENZA (RE) VIA MARTIRI DI MARZABOTTO, 7 Piano 2 |
10 |
272 |
6 |
cat.
D/1 |
Euro:
76,00 |
|||
|
B |
Proprieta' |
SAN
POLO D'ENZA (RE) VIA MARTIRI DI MARZABOTTO, 7 Piano T |
10 |
430 |
cat.
F/1 |
|||||
|
B |
Proprieta'
per 1000/1000 |
SAN
POLO D'ENZA (RE) VIA CAMILLO PRAMPOLINI, 11 Piano S1-T - 1-2 |
7 |
118 |
cat.
D/7 |
Euro:
29.871,20 |
Land
Details
|
|
Cadastre |
Title |
Location |
Sheet
No. |
Particle
No. |
Sub
No. |
Category |
Class |
Consistence |
Cadastrial
Rent |
Part
No. |
|
L |
Proprieta'
per 1/1 |
SAN
POLO D'ENZA (RE) |
7 |
63 |
SEM
IRR ARB |
2 |
12
are 33 ca |
R.D.Euro:8,28
(*) R.A. Euro: 12,10 |
4856 |
|
|
L |
Proprieta'
per 1/1 |
SAN
POLO D'ENZA (RE) |
7 |
64 |
PRATO
IR AR |
2 |
31
are 60 ca |
R.D.Euro:26,11
R.A. Euro: 24,48 |
4856 |
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 1979
The
analysis is based on the latest 3 balance sheets.
During
the last years, it achieved profits (r.o.e. 16,61% on 2016) but without a
significant increase in the turnover.
The
operating result was positive in the last financial year (14,34%) falling
within the field's average.
The
amount of the operating result is equal to Eur. 10.433.481 showing an upward
trend 22,51% compared to the previous financial year.
The
economic management produced a gross operating margin of Eur. 13.762.531 with
no sensible increase as against 2015.
Excellent
equity structure since liquidity is higher than short term liabilities.
Subject
can manage an equity capital funds for an amount of Eur. 45.028.384 on stable
levels.
Total
debts recorded amounted to Eur. 24.658.480 (Eur. 6.913.687 of which were m/l
term debts) showing a stable trend as opposed to 2015 (Eur. 26.320.070).
The
financial exposure is moderate, on the other hand the recourse to commercial
credit is high, with a high average payment period even in comparison with the
sector's.
Liquidity
is however good.
Trade
credits are collected slowly, average term is 112,1 days. but in line with the
sector.
The
financial management generated a cash flow of Eur. 10.808.321.
In
the last financial year labour cost was of Eur. 9.151.864, with a 20,33%
incidence on total costs of production. , whereas 16,87% is the incidence on
sales revenues.
Financial
incomes cover financial charges.
Financial
Data
|
|
Complete
balance-sheet for the year |
al
31/12/2016 |
(in
Eur |
x
1) |
|
Item
Type |
Value |
|
Sales |
54.263.180 |
|
Profit
(Loss) for the period |
7.479.271 |
|
|
Complete
balance-sheet for the year |
al
31/12/2015 |
(in
Eur |
x
1) |
|
Item
Type |
Value |
|
Sales |
54.449.955 |
|
Profit
(Loss) for the period |
6.815.984 |
|
|
Complete
balance-sheet for the year |
al
31/12/2014 |
(in
Eur |
x
1) |
|
Item
Type |
Value |
|
Sales |
62.350.053 |
|
Profit
(Loss) for the period |
6.499.186 |
|
|
Complete
balance-sheet for the year |
al
31/12/2013 |
(in
Eur |
x
1) |
|
Item
Type |
Value |
|
Sales |
55.312.635 |
|
Profit
(Loss) for the period |
5.447.078 |
|
|
Complete
balance-sheet for the year |
al
31/12/2012 |
(in
Eur |
x
1) |
|
Item
Type |
Value |
|
Sales |
60.187.437 |
|
Profit
(Loss) for the period |
6.385.030 |
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 |
0,25 |
0,26 |
0,28 |
0,25 |
|
Elasticity
Ratio |
Units |
0,74 |
0,73 |
0,72 |
0,74 |
|
Availability
of stock |
Units |
0,19 |
0,21 |
0,18 |
0,21 |
|
Total
Liquidity Ratio |
Units |
0,56 |
0,52 |
0,53 |
0,47 |
|
Quick
Ratio |
Units |
0,28 |
0,25 |
0,22 |
0,01 |
|
COMPOSITION
ON SOURCE |
|||||
|
Net
Short-term indebtedness |
Units |
n.c. |
n.c. |
0,13 |
1,91 |
|
Self
Financing Ratio |
Units |
0,62 |
0,56 |
0,50 |
0,25 |
|
Capital
protection Ratio |
Units |
0,70 |
0,68 |
0,65 |
0,72 |
|
Liabilities
consolidation quotient |
Units |
0,44 |
0,51 |
0,57 |
0,20 |
|
Financing |
Units |
0,55 |
0,66 |
0,85 |
2,52 |
|
Permanent
Indebtedness Ratio |
Units |
0,73 |
0,69 |
0,66 |
0,40 |
|
M/L
term Debts Ratio |
Units |
0,11 |
0,13 |
0,16 |
0,11 |
|
Net
Financial Indebtedness Ratio |
Units |
0,00 |
0,00 |
0,00 |
0,37 |
|
CORRELATION |
|||||
|
Fixed
assets ratio |
Units |
2,92 |
2,62 |
2,40 |
1,40 |
|
Current
ratio |
Units |
3,05 |
2,88 |
2,53 |
1,20 |
|
Acid
Test Ratio-Liquidity Ratio |
Units |
2,29 |
2,04 |
1,88 |
0,81 |
|
Structure's
primary quotient |
Units |
2,49 |
2,13 |
1,82 |
0,88 |
|
Treasury's
primary quotient |
Units |
1,16 |
1,00 |
0,77 |
0,03 |
|
Rate
of indebtedness ( Leverage ) |
% |
161,57 |
177,30 |
198,67 |
396,60 |
|
Current
Capital ( net ) |
Value |
36.410.520 |
33.988.531 |
30.854.495 |
739.298 |
|
RETURN |
|||||
|
Return
on Sales |
% |
19,92 |
18,76 |
15,23 |
3,87 |
|
Return
on Equity - Net- ( R.O.E. ) |
% |
16,61 |
16,97 |
18,13 |
2,90 |
|
Return
on Equity - Gross - ( R.O.E. ) |
% |
23,33 |
24,04 |
27,03 |
10,01 |
|
Return
on Investment ( R.O.I. ) |
% |
14,34 |
11,96 |
11,22 |
3,63 |
|
Return/
Sales |
% |
19,23 |
15,64 |
12,81 |
3,64 |
|
Extra
Management revenues/charges incid. |
% |
71,69 |
80,04 |
81,34 |
27,87 |
|
Cash
Flow |
Value |
10.808.321 |
10.216.225 |
9.494.721 |
218.595 |
|
Operating
Profit |
Value |
10.433.481 |
8.515.898 |
7.989.742 |
183.990 |
|
Gross
Operating Margin |
Value |
13.762.531 |
11.916.139 |
13.618.988 |
453.866 |
|
MANAGEMENT |
|||||
|
Credits
to clients average term |
Days |
112,10 |
94,42 |
105,83 |
94,73 |
|
Debts
to suppliers average term |
Days |
159,69 |
124,96 |
133,67 |
115,71 |
|
Average
stock waiting period |
Days |
89,44 |
100,32 |
75,48 |
57,59 |
|
Rate
of capital employed return ( Turnover ) |
Units |
0,75 |
0,76 |
0,88 |
1,07 |
|
Rate
of stock return |
Units |
4,03 |
3,59 |
4,77 |
6,09 |
|
Labour
cost incidence |
% |
16,87 |
16,89 |
15,07 |
18,09 |
|
Net
financial revenues/ charges incidence |
% |
0,13 |
2,10 |
2,47 |
-1,09 |
|
Labour
cost on purchasing expenses |
% |
20,33 |
19,08 |
17,09 |
17,83 |
|
Short-term
financing charges |
% |
0,20 |
n.c. |
n.c. |
2,64 |
|
Capital
on hand |
% |
134,07 |
130,76 |
114,20 |
93,64 |
|
Sales
pro employee |
Value |
190.397 |
189.721 |
212.798 |
185.995 |
|
Labour
cost pro employee |
Value |
32.111 |
32.041 |
32.068 |
32.632 |
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 258 significant companies.
The
companies cash their credits on an average of 95 dd.
The
average duration of suppliers debts is about 116 dd.
The
sector's profitability is on an average of 3,87%.
The
labour cost affects the turnover in the measure of 18,09%.
Goods
are held in stock in a range of 58 dd.
The
difference between the sales volume and the resources used to realize it is
about 1,07.
The
employees costs represent the 17,83% 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
1.775.
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 63.54 |
|
|
1 |
INR 89.82 |
|
Euro |
1 |
INR 78.86 |
|
EURO |
1 |
INR 78.80 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
VAR |
|
|
|
|
Report Prepared
by : |
DNS |
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.