|
|
|
MIRA INFORM REPORT
|
Report No. : |
510339 |
|
Report Date : |
21.05.2018 |
IDENTIFICATION DETAILS
|
Name : |
ISOLA
S.P.A. |
|
|
|
|
Registered Office : |
Viale
Europa, 1/F Lammari 55013 – Capannori |
|
|
|
|
Country : |
Italy |
|
|
|
|
Financials (as on) : |
30.06.2017 |
|
|
|
|
Date of Incorporation : |
01.02.1990 |
|
|
|
|
Legal Form : |
Joint Stock Company |
|
|
|
|
Line of Business : |
·
Wholesale of wrecks and scrap ·
Wholesale of other non-metalic salvaged materials (glass,
paper, car dboard) |
|
|
|
|
No. of Employees : |
From 11 to 15 |
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 (30.09.2017) |
Current Rating (31.12.2017) |
|
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’s economy compromises a developed industrial north, dominated by private companies, and a less-developed, highly subsidized, agricultural south, with a legacy of unemployment and underdevelopment. The Italian economy is driven in large part by the manufacture of high-quality consumer goods produced by small and medium-sized enterprises, many of them family-owned. Italy also has a sizable underground economy, which by some estimates accounts for as much as 17% of GDP. These activities are most common within the agriculture, construction, and service sectors.
Italy is the third-largest economy in the euro zone, but its exceptionally high public debt and structural impediments to growth have rendered it vulnerable to scrutiny by financial markets. Public debt has increased steadily since 2007, reaching 131% of GDP in 2017. Investor concerns about Italy and the broader euro-zone crisis eased in 2013, bringing down Italy's borrowing costs on sovereign government debt from euro-era records. The government still faces pressure from investors and European partners to sustain its efforts to address Italy's longstanding structural economic problems, including 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 2011. In 2015-16, Italy’s economy grew at about 1% each year, and in 2017 growth accelerated to 1.5% of GDP. In 2017, overall unemployment was 11.4%, but youth unemployment remained high at 37.1%.
|
Source
: CIA |
Company
name and address
Isola
S.p.a.
Viale
Europa, 1/F LAMMARI
55013
– Capannori (LU) -IT-
Summary
|
Fiscal
Code |
: |
01361460460 |
|
Legal
Form |
: |
Joint
stock company |
|
start
of Activities |
: |
01/02/1990 |
|
Equity |
: |
Over
2.582.254 |
|
Turnover
Range |
: |
35.000.000/50.000.000 |
|
Number
of Employees |
: |
from
11 to 15 |
Activity
Wholesale
of wrecks and scrap
Wholesale
of other non-metalic salvaged materials (glass, paper, car
dboard
etc.)
Legal
Data
Legal
Form : Joint stock company
|
Fiscal
Code : 01361460460 |
|
Foreign
Trade Reg. no. : 14408 of Lucca since 23/06/1993 |
|
Chamber
of Commerce no. : 136141 of Lucca since 05/02/1990 |
|
Chamber
of Commerce no. : 155582 of Pistoia |
|
Firms'
Register : LU017-18679 of Lucca since 19/02/1996 |
|
V.A.T.
Code : 01361460460 |
|
R.
E. C. no. : 27019 of Lucca since 18/04/1990 |
|
Tribunal
Co. Register : 18679 of since 01/02/1990 |
|
Foundation
date |
:
28/12/1989 |
|
|
Establishment
date |
:
28/12/1989 |
|
|
Start
of Activities |
:
01/02/1990 |
|
|
Legal
duration |
:
31/12/2050 |
|
|
Nominal
Capital |
:
5.000.000 |
|
|
Subscribed
Capital |
:
5.000.000 |
|
|
Paid
up Capital |
:
5.000.000 |
|
Legal
mail : |
AMMINISTRAZIONE@PEC.ISOLASPA.IT |
Members
|
|
Puccetti |
Mario |
|
|
Born
in Lucca |
(LU) |
on
14/06/1956 |
-
Fiscal Code : PCCMRA56H14E715H |
|
|
Residence: |
Per
Camaiore |
,
3170 |
-
55100 |
Lucca |
(LU) |
-
IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Procurator |
11/01/2000 |
|
|
No
Prejudicial events are reported |
|
|
No
Protests registered |
|
|
Torre |
Paolo |
|
|
Born
in Lucca |
(LU) |
on
07/04/1960 |
-
Fiscal Code : TRRPLA60D07E715C |
|
|
Residence: |
Giusti |
,
133 |
-
55100 |
Lucca |
(LU) |
-
IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Auditor |
11/01/2018 |
|
|
Isola |
Luigi |
|
|
Born
in Capannori |
(LU) |
on
11/11/1955 |
-
Fiscal Code : SLILGU55S11B648C |
|
|
Residence: |
Di
Molina |
,
45 |
-
55012 |
Capannori |
(LU) |
-
IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Sole
Director |
25/11/2015 |
|
|
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.
|
|
Isola |
Luigi |
|
Firm's
Style |
Seat |
Fiscal
Code |
Position |
Position
Status |
Firm's
Status |
|
So.ge.ma
S.r.l. |
Milano
(MI) - IT - |
12764050154 |
Director |
Active |
Registered |
|
Isola
Luigi |
Capannori
(LU) - IT - |
SLILGU55S11B648C |
Proprietor |
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 |
|
Isola
S.p.a. |
Capannori
- IT - |
01361460460 |
425.000
.Eur |
8,50 |
|
Bertocchini
Massimo |
Montecarlo
- IT - |
BRTMSM56T01E715F |
100.000
.Eur |
2,00 |
|
Puccetti
Mario |
Lucca
- IT - |
PCCMRA56H14E715H |
800.000
.Eur |
16,00 |
|
Cardella
Modesto |
Capannori
- IT - |
CRDMST70P12E715D |
275.000
.Eur |
5,50 |
|
Isola
Luigi |
Capannori
- IT - |
SLILGU55S11B648C |
3.250.000
.Eur |
65,00 |
|
Giovannetti
Renata |
GVNRNT56A66E715G |
100.000
.Eur |
2,00 |
|
|
Meschi
Angelo |
MSCNGL65E08B648L |
50.000
.Eur |
1,00 |
Direct
Participations
The
Company under review has participations in the following Companies:
|
Firm's
Style |
Seat |
Fiscal
Code |
Owned
Shares Amount |
%
Ownership |
since |
until |
Share
Status |
|
Isola
S.p.a. |
Capannori
- IT - |
01361460460 |
425.000
.Eur |
8,50 |
Active |
||
|
Gv
Macero S.p.a. |
Pedrengo
- IT - |
02514270160 |
400.000
.Eur |
40,00 |
Active |
||
|
So.ge.ma
S.r.l. |
Milano
- IT - |
12764050154 |
20.000
.Eur |
20,00 |
Active |
||
|
Belloni
Giuseppe eamp; C. - S.N.C. |
00901940338 |
82.633
.Eur |
39,99 |
Active |
|||
|
Imbalcarta
S.R.L. |
01892260173 |
36.000
.Eur |
36,00 |
Active |
|||
|
C.b.r.c.
S.r.l. |
Bologna
- IT - |
02223751203 |
19.710
.Eur |
20,96 |
Active |
||
|
Gallo
S.r.l. |
Rubano
- IT - |
00020190286 |
17.500
.Eur |
35,00 |
Active |
||
|
Isola
Futura S.r.l. |
Arcugnano
- IT - |
04089510244 |
204.000
.Eur |
30,00 |
Active |
Firm's
location and structure
In
order to carry out its activities the firm uses the following locations:
|
- |
Legal
and operative seat |
|
Europa |
,
1/F |
-
55012 |
-
Capannori |
(LU) |
-
IT - |
|
PHONE |
:
0583936929 |
|
FAX |
:
0583933348 |
|
Legal
mail |
:
AMMINISTRAZIONE@PEC.ISOLASPA.IT |
|
Employees |
:
11 |
|
Fittings
and Equipment for a value of 500.000 |
Eur |
|
Stocks
for a value of 440.000 |
Eur |
|
Furniture
and fittings for a value of 5.000 |
Eur |
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 |
15/01/1999 |
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 |
|
MONFALCONE
(GO) |
Buildings |
4 |
19/05/2018 |
|
CAPANNORI
(LU) |
Buildings |
5 |
19/05/2018 |
|
SAN
BONIFACIO (VR) |
Buildings |
4 |
19/05/2018 |
|
Buildings
Details |
|
Cadastre |
Title |
Location |
Sheet
No. |
Particle
No. |
Sub
No. |
Categorie |
Classe |
Consistence |
Cadastrial
Rent |
Part
No. |
|
B |
Proprieta'
per 1/1 |
MONFALCONE
(GO) PIAZZALE SALVO D'ACQUISTO, 3 Piano S1 |
A/27 |
.1018/5 |
25 |
cat.
C/6 |
4 |
19
mq |
Euro:101,07 |
|
|
B |
Proprieta'
per 1/1 |
MONFALCONE
(GO) PIAZZALE SALVO D'ACQUISTO, 11 Piano 1 |
A/27 |
.1018/7 |
10 |
cat.
A/10 |
1 |
2,5
vani |
Euro:929,62 |
|
|
B |
Proprieta'
per 1/1 |
MONFALCONE
(GO) PIAZZALE SALVO D'ACQUISTO, 11 Piano 3-4 |
A/27 |
.1018/7 |
24 |
cat.
A/2 |
3 |
4,5
vani |
Euro:557,77 |
|
|
B |
Proprieta'
per 1/1 |
MONFALCONE
(GO) PIAZZALE SALVO D'ACQUISTO, 11 Piano 1 |
A/27 |
.1018/7 |
9 |
cat.
A/10 |
1 |
3
vani |
Euro:1.115,55 |
|
|
B |
Proprieta'
per 1/1 |
CAPANNORI
(LU) VIALE EUROPA, Piano S1 |
55 |
980 |
10 |
cat.
C/2 |
5 |
43
mq |
Euro:126,58 |
1009831 |
|
B |
Proprieta'
per 1000/1000 |
CAPANNORI
(LU) VIALE EUROPA, Piano T |
55 |
980 |
18 |
cat.
A/10 |
2 |
5,5
vani |
Euro:1.533,88 |
1010496 |
|
B |
Proprieta'
per 1/1 |
CAPANNORI
(LU) Piano 1 |
55 |
980 |
22 |
cat.
A/10 |
2 |
5,5
vani |
Euro:1.533,88 |
14400 |
|
B |
Proprieta'
per 1000/1000 |
CAPANNORI
(LU) VIALE EUROPA, Piano S1 |
55 |
980 |
7 |
cat.
C/2 |
6 |
19
mq |
Euro:65,74 |
1010496 |
|
B |
Proprieta'
per 1/1 |
CAPANNORI
(LU) VIALE EUROPA, Piano S1 |
55 |
980 |
8 |
cat.
C/2 |
6 |
16
mq |
Euro:55,36 |
14400 |
|
B |
Proprieta'
per 1/1 |
SAN
BONIFACIO (VR) VIA DELL' AGRICOLTURA, SNC Piano T |
19 |
982 |
1 |
cat.
D/1 |
Euro:
8.635,16 |
|||
|
B |
Proprieta'
per 1/1 |
SAN
BONIFACIO (VR) VIA DELL' AGRICOLTURA, SNC Piano T |
19 |
982 |
2 |
cat.
D/1 |
Euro:
14.057,96 |
|||
|
B |
Proprieta'
per 1/1 |
SAN
BONIFACIO (VR) VIA DELL' AGRICOLTURA, SNC Piano 1 |
19 |
982 |
3 |
cat.
A/2 |
2 |
5,5
vani |
Euro:340,86 |
|
|
B |
Proprieta'
per 1/1 |
SAN
BONIFACIO (VR) VIA DELL' AGRICOLTURA, SNC Piano 2 |
19 |
982 |
4 |
cat.
A/2 |
2 |
5,5
vani |
Euro:340,86 |
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 1990
Balance
sheets for the years 2015, 2016 and 2017 were analyzed.
During
the last years, it achieved profits (r.o.e. 1,21% on 2017) with a good increase
in turnover (+31,93% in 2017 compared to 2016 and +8,53% in 2016 compared to
2015).
The
return on Investment in the last financial year was positive (8,39%) falling
within the field's average.
The
amount of the operating result for the year 2017 is of Eur. 1.873.429 rising
(+23,19%) in relation to the previous year.
The
G.O.M. amounted to Eur. 2.041.966 stable if compared to the financial year
2016.
The
financial status of the company is fairly balanced with an indebtedness level
of 1,85 even though on the increase if compared to 2016.
The
equity capital is equal to Eur. 7.345.058 , unchanged if compared to 2016.
Total
indebtedness was equal to Eur. 14.235.967 (Eur. 362.413 was the value of m/l
term debts) increasing if compared to the previous year, during which they were
equal to Eur. 11.372.953 (25,17%).
The
company does not exceed in bank borrowings; the recourse to suppliers' credit
is also limited below field's average.
The
liquidity level is positive (1,32).
Trade
credits average terms are slow, on average 112,23 days. but on the same levels
as the average of the sector.
During
financial year 2017 the cash flow amounted to Eur. 257.492
In
the last financial year labour cost was of Eur. 655.520, with a 1,53% incidence
on total costs of production. , whereas the incidence on sales revenues is of
1,5%.
No
incidence of financial charges as lower than the incomes.
Financial
Data
|
|
Complete
balance-sheet for the year |
al
30/06/2017 |
(in
Eur |
x
1) |
|
Item
Type |
Value |
|
Sales |
43.779.496 |
|
Profit
(Loss) for the period |
88.955 |
|
|
Complete
balance-sheet for the year |
al
30/06/2016 |
(in
Eur |
x
1) |
|
Item
Type |
Value |
|
Sales |
33.183.404 |
|
Profit
(Loss) for the period |
60.741 |
|
|
Complete
balance-sheet for the year |
al
30/06/2015 |
(in
Eur |
x
1) |
|
Item
Type |
Value |
|
Sales |
30.573.204 |
|
Profit
(Loss) for the period |
511.145 |
|
|
Complete
balance-sheet for the year |
al
30/06/2014 |
(in
Eur |
x
1) |
|
Item
Type |
Value |
|
Sales |
44.786.505 |
|
Profit
(Loss) for the period |
586.624 |
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 30/06/2017 - 12 Mesi - Currency: - Amounts x 1 |
|
-
Balance Sheet as at 30/06/2016 - 12 Mesi - Currency: - Amounts x 1 |
|
-
Balance Sheet as at 30/06/2015 - 12 Mesi - Currency: - Amounts x 1 |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
RATIOS |
Value
Type |
as
at 30/06/2017 |
as
at 30/06/2016 |
as
at 30/06/2015 |
Sector
Average |
|
COMPOSITION
ON INVESTMENT |
|||||
|
Rigidity
Ratio |
Units |
0,18 |
0,26 |
0,32 |
0,11 |
|
Elasticity
Ratio |
Units |
0,82 |
0,74 |
0,68 |
0,87 |
|
Availability
of stock |
Units |
0,02 |
0,01 |
0,03 |
0,22 |
|
Total
Liquidity Ratio |
Units |
0,80 |
0,73 |
0,65 |
0,56 |
|
Quick
Ratio |
Units |
0,04 |
0,09 |
0,05 |
0,02 |
|
COMPOSITION
ON SOURCE |
|||||
|
Net
Short-term indebtedness |
Units |
1,85 |
1,25 |
1,24 |
3,81 |
|
Self
Financing Ratio |
Units |
0,33 |
0,38 |
0,40 |
0,17 |
|
Capital
protection Ratio |
Units |
0,31 |
0,30 |
0,31 |
0,65 |
|
Liabilities
consolidation quotient |
Units |
0,04 |
0,12 |
0,08 |
0,12 |
|
Financing |
Units |
1,94 |
1,57 |
1,40 |
4,72 |
|
Permanent
Indebtedness Ratio |
Units |
0,35 |
0,44 |
0,45 |
0,30 |
|
M/L
term Debts Ratio |
Units |
0,02 |
0,06 |
0,04 |
0,07 |
|
Net
Financial Indebtedness Ratio |
Units |
0,77 |
0,71 |
0,69 |
1,28 |
|
CORRELATION |
|||||
|
Fixed
assets ratio |
Units |
1,96 |
1,68 |
1,40 |
2,06 |
|
Current
ratio |
Units |
1,32 |
1,39 |
1,28 |
1,16 |
|
Acid
Test Ratio-Liquidity Ratio |
Units |
1,28 |
1,37 |
1,22 |
0,84 |
|
Structure's
primary quotient |
Units |
1,84 |
1,44 |
1,27 |
1,28 |
|
Treasury's
primary quotient |
Units |
0,06 |
0,16 |
0,10 |
0,03 |
|
Rate
of indebtedness ( Leverage ) |
% |
304,12 |
266,58 |
247,27 |
591,61 |
|
Current
Capital ( net ) |
Value |
4.388.807 |
3.970.250 |
2.898.308 |
219.071 |
|
RETURN |
|||||
|
Return
on Sales |
% |
0,59 |
0,57 |
2,08 |
2,22 |
|
Return
on Equity - Net- ( R.O.E. ) |
% |
1,21 |
0,84 |
6,42 |
6,27 |
|
Return
on Equity - Gross - ( R.O.E. ) |
% |
9,38 |
7,69 |
13,63 |
15,95 |
|
Return
on Investment ( R.O.I. ) |
% |
8,39 |
7,86 |
4,75 |
4,19 |
|
Return/
Sales |
% |
4,28 |
4,58 |
3,06 |
3,42 |
|
Extra
Management revenues/charges incid. |
% |
4,75 |
3,99 |
54,69 |
29,26 |
|
Cash
Flow |
Value |
257.492 |
189.810 |
636.231 |
61.669 |
|
Operating
Profit |
Value |
1.873.429 |
1.520.756 |
934.625 |
95.558 |
|
Gross
Operating Margin |
Value |
2.041.966 |
1.799.825 |
1.239.711 |
144.934 |
|
MANAGEMENT |
|||||
|
Credits
to clients average term |
Days |
112,23 |
112,56 |
117,13 |
120,94 |
|
Debts
to suppliers average term |
Days |
61,81 |
54,06 |
60,82 |
120,04 |
|
Average
stock waiting period |
Days |
3,62 |
1,92 |
6,86 |
61,92 |
|
Rate
of capital employed return ( Turnover ) |
Units |
1,96 |
1,72 |
1,55 |
1,27 |
|
Rate
of stock return |
Units |
99,34 |
187,37 |
52,45 |
5,74 |
|
Labour
cost incidence |
% |
1,50 |
1,85 |
1,92 |
7,77 |
|
Net
financial revenues/ charges incidence |
% |
2,29 |
-0,06 |
1,23 |
-1,26 |
|
Labour
cost on purchasing expenses |
% |
1,53 |
1,88 |
1,96 |
7,90 |
|
Short-term
financing charges |
% |
1,97 |
1,44 |
n.c. |
2,67 |
|
Capital
on hand |
% |
51,02 |
58,29 |
64,40 |
78,39 |
|
Sales
pro employee |
Value |
2.188.974 |
1.746.494 |
1.698.511 |
437.713 |
|
Labour
cost pro employee |
Value |
32.776 |
32.382 |
32.602 |
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
|
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 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 moderately risky.
In
the region 24.960 protested subjects are found; in the province they count to
2.537.
The
insolvency index for the region is 0,70, , while for the province it is 0,67.
Total
Bankrupt companies in the province : 2.402.
Total
Bankrupt companies in the region : 20.423.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
INR 67.95 |
|
|
1 |
INR 91.87 |
|
Euro |
1 |
INR 80.27 |
|
Euro |
1 |
INR 80.17 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
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.