example of business information of italian company

MEGA ELABORAZIONI SRL


Maximum credit limit advised	€12,500


Bankruptcy index	Low risk (8)
Sector risk indicator	Medium high risk
Protested bills/prejudicial events	NO
Protested bills/prejudicial events (possible coincidences)	YES
Prejudicial events on connected company	NO
Real estate properties	YES


Extracted from the last accounting balance deposited (complete document in the final part of the report)
Reference year	2007
Balance sheet ratios	Index	Company	Sector Comparison
	ROE	16.8 %	4.7 %
	ROI	9.4 %	5.1 %
	Warehouse Turnover index	NA	NA
	Financial Charges / Turnover	0.5 %	1.4 %
Balance sheet items	Item	Company
	Revenues	€941,131
	Profit / Loss for the period	€6,329
	Shareholder's equity	€37,629
	Fixed Assets	€77,603

This is a mid-sized company operating since 1987. On the whole, the company shows a balanced trend and an apparently stable economic-financial structure. The company’s management is entrusted to an experienced individual, who has been in charge since the establishment of the company and who has also worked for other companies operating in the same sector as PROMAC S.R.L.

The company examined displays sufficient liquidity to carry out its financial obligations with regularity. The budget data examined show that this company, by its own means, does not require financial and bank credit.
The debt exposure is maintained at minimal levels and suppliers are paid on time, on the agreed dates.
The turnover of 2006 has increased about 20% with respect to that of 2005. For 2007, turnover of over one million euro is expected. As at today’s date, there is no report of non-payments or official insolvency regarding the company itself or its representatives.
As of today, no credit recovery requests have been made against PROMAC S.R.L.
The company owns real estate immovables, made up of the headquarters, valued at and estimated 300,000.00 euro.

On the basis of information collected, the granting of a maximum credit not higher than € 65.000 is suggested.

** in case of repeated business dealings we recommend activating the monitoring service that allows the company and its representatives to be kept under control in order to assess events that could influence future possibility of commercial risk.


Company name	MEGA ELABORAZIONI SRL
Company type	LIMITED LIABILITY COMPANY
Address (registered office)	VIA MICHELANGELO , 12 - 52100 AREZZO (AR)
Vat Number	01094460514
Share capital	Authorized	Subscribed	Paid up
	€31,000	€31,000	€31,000
Date established	06/12/1983
Chambers of Commerce registration	N° 82807 - 20/12/1983 - C.C.I.A.A. di AREZZO
Company status	ACTIVE


001	Name	TESTINI MIRCO
	Birth date	19/1/1969
	Place of birth	AREZZO (AR)
	Fiscal Code	TSTMRC69A19A390Z
	Residence	VIA DEL GIGLIO , 11 - 52045 - FOIANO DELLA CHIANA) (AR)
	Position	BOARD OF DIRECTORS PRESIDENT (from 26/03/1991)
002	Name	BOSSI GUGLIELMO
	Birth Date	18/7/1950
	Place of birth	AREZZO (AR)
	Fiscal Code	BSSGLL50L18A390M
	Residence	VIA FIRENZE , 18 - 52100 - AREZZO) (AR)
	Position	DELEGATED DEPUTY MANAGER (from 9/01/1992)
003	Name	FOCARDI DINO
	Birth Date	15/4/1960
	Place of birth	AREZZO (AR)
	Fiscal Code	FCRDNI60D15A390D
	Residence	VIA PETRARCA, 42 - 52100 - AREZZO (AR)
	Position	DELEGATED DEPUTY MANAGER (from 9/01/1992)
004	Name	CUTOLO GIANMARCO
	Birth Date	05/10/1972
	Place of birth	AREZZO (AR)
	Fiscal Code	CTLGMR72R05A390G
	Residence	VIA SALVEMINI , 4 - 52100 - AREZZO (AR)
	Position	DELEGATED DEPUTY MANAGER (from 9/01/1992)


Share capital	Authorized	Subscribed	Paid up
	€31,000	€31,000	€31,000
Members	Name	TESTINI MIRCO
	Fiscal Code	TSTMRC69A19A390Z
	Possession shares	€9,300
	Percentage	30.00 %
	Name	BOSSI GUGLIELMO
	Fiscal Code	BSSGLL50L18A390M
	Possession shares	€9,300
	Percentage	30.00 %
	Name	FOCARDI DINO
	Fiscal Code	FRNDNI60D05A390D
	Possession shares	€9,300
	Percentage	30.00 %
	Name	CUTOLO GIANMARCO
	Fiscal Code	CTLGMR72R05A390G
	Possession shares	€3,100
	Percentage	10.00 %


Activity	COMPUTER PROGRAMMING, CONSULTANCY AND RELATED ACTIVITIES; OFFICE FURNITURE AND EQUIPMENT


Number of employees	4

Legal Headquarters address	VIA PACINOTTI 141 - 37135 VERONA (VR)
Type of premises	Offices located on 2 floors. On the lower level the technical and commercial offices are located, whilst the administrative offices are situated on the upper level.
Dimensions of premises	About 250 mq.
Location of premises	Semi-periphery, inside an elegant complex of buildings used for management and commerce.
Commercial signage	PROMAC
Telephone	045382424 (confirmed)
Employees	7 including clerks, computer technicians and programmers
Notes	They utilize external computer programmers

Market Area	Operates principally with clients located within the province
Business Activity	Creation of software, applications e management, creation of web sites, sale of computer products
Brands or Related Brands	IBM
Clients	- BANCA COOPERATIVA VERONESE - SERVIZI VERONESI SRL - AZIENDA OSPEDALIERA
Suppliers	- IBM - WIND (hosting)
Web site	http://www.promac-sistemi.it
Other news	The company has recently won a contract to create new computer applications for the Town Hall of Verona.


Reports possible shares and positions held by company members and directors in other companies
TESTINI MIRCO	SHARES IN OTHER COMPANIES
	Company name	MONOBIT S.R.L.
	Chambers of Commerce registration	AR 77325
	Share capital	€51,129.23
	Possession shares	€2,814.69
	Act date	30/04/2001
	POSITIONS IN OTHER COMPANIES
	Nothing
BOSSI GUGLIELMO	SHARES IN OTHER COMPANIES
	Company name	MONOBIT S.R.L.
	Chambers of Commerce registration	AR 77325
	Share capital	€51,129.23
	Possession shares	€2,814.69
	Act date	30/04/2001
	POSITIONS IN OTHER COMPANIES
	Nothing
FOCARDI DINO	SHARES IN OTHER COMPANIES
	Company name	MONOBIT S.R.L.
	Chambers of Commerce registration	AR 77325
	Share capital	€51,129.23
	Possession shares	€2,814.69
	Act date	30/04/2001
	POSITIONS IN OTHER COMPANIES
	Nothing
CUTOLO GIANMARCO	SHARES IN OTHER COMPANIES
	Company name	MONOBIT S.R.L.
	Chambers of Commerce registration	AR 77325
	Share capital	€51,129.23
	Possession shares	€1,580.36
	Act date	30/04/2001
	POSITIONS IN OTHER COMPANIES
	Company name	CUTOLO GIANMARCO
	Chambers of Commerce registration	AR 94263
	Company status	REGISTERED
	Position	Sole Proprietorship

Official controls are carried out nationally in relevant Land Registers in order to identify real estate registered in the company’s name.
Registered real estate	Name	No Match	Match
	PROMAC S.R.L.
LIST OF REAL ESTATE in the name of PROMAC S.R.L. – Vat number 01209940517 Total real estate found: 1 Property from the quote of 1/1 Real estate located in VERONA (VR) - VIA PACINOTTI 141 - 5th floor Cadastral description 1S A/104 740 159 31643


From the press review carried out by the consultation of about 150 national and local newspapers no news has come out on the requested company.
Search of press articles	Name	No Match	Match
	MEGA ELABORAZIONI SRL


Automatic research of protest of a bill, insolvencies and prejudicial events (by Italian Court and Real Estate Registers).
Protested bills	Name	No Match	Possible coincidence	Match
	MEGA ELABORAZIONI SRL
	TESTINI MIRCO
	BOSSI GUGLIELMO
	FOCARDI DINO
	CUTOLO GIANMARCO
	MONOBIT SRL
Prejudicial events by Court (bankruptcies)	Name	No Match	Possible coincidence	Match
	MEGA ELABORAZIONI SRL
	TESTINI MIRCO
	BOSSI GUGLIELMO
	FOCARDI DINO
	CUTOLO GIANMARCO
	MONOBIT SRL
Prejudicial events by Real Estate Registers	Name	No Match	Possible coincidence	Match
	MEGA ELABORAZIONI SRL
	TESTINI MIRCO
	BOSSI GUGLIELMO
	FOCARDI DINO
	CUTOLO GIANMARCO
	MONOBIT SRL
Protests against BOSSI GUGLIELMO (Possible coincidence)
Name	BOSSI GUGLIELMO certainty percentage 0.2%
Fiscal Code	BSSGLL44L19I155U
Address	BASILICA 51A - SANSEPOLCRO
Search sources	From the Registry of Protests of the Italian Chamber of Commerce
Protested bills data
	Date	2/11/2006
	Bill type	BILL
	Amount	305,77 €
	Reason for failed payment	Debtor unable to pay

Banks

- Banca Popolare Veronese

Company has been supported by this bank for about 15 years.

Reports the main balance data taken from the last official registered balance sheet

Closing date of the balance sheet

31/12/2007

BALANCE SHEET: ASSETS
DUE FROM SHAREHOLDERS FOR SUBSCRIBED SHARE CAPITAL UNPAID	0,00
FIXED ASSETS	77.603,00
Intangible Assets	34.926,00
Tangible Assets	42.677,00
of which Land e Buildings	NA
Financial assets	0,00
of which Amounts owed by assoc./affiliated co.s	0,00
of which Holdings	0,00
of which Treasury stocks	0,00
CURRENT ASSETS	239.722,00
Stocks	20.407,00
Credits	210.451,00
of which Short-term debtors	210.451,00
of which Trade debtors	167.330,00
of which Short-term trade debtors	167.330,00
Financial assets	60,00
of which Treasury stocks	NA
Cash and bank	8.804,00
PREPAYMENTS & ACCRUED INCOME	16.652,00
TOTAL ASSETS	333.977,00
BALANCE SHEET:LIABILITIES
SHAREHOLDER'S EQUITY	37.629,00
Share capital	31.000,00
Share premium reserve	0,00
Revaluation reserve	0,00
PROVISIONS FOR RISKS & CHARGES	0,00
Provisions for taxation	0,00
PROVISION FOR SEVERANCE INDEMNITY	38.201,00
CREDITORS	252.233,00
Short-term creditors	252.233,00
Trade creditors	148.820,00
Amounts due to banks - medium/long-term	0,00
Amounts due to banks - short-term	36.243,00
Accrued expenses and deferred income	NA
PREPAYMENTS & ACCRUED INCOME	5.914,00
TOTAL LIABILITIES	333.977,00
MEMORANDUM ACCOUNTS	NA
ACCUMULATED DEPRECIATION OF TANGIBLE ASSETS	NA
PROFIT AND LOSS ACCOUNT
PRODUCTION VALUE	950.764,00
Revenues	941.131,00
Other revenues	9.633,00
PRODUCTION COSTS	925.299,00
Purchase of raw materials & goods	310.115,00
Change in materials	5.755,00
CONSUMPTION OF MATERIALS	315.870,00
OVERHEADS	457.726,00
VALUE ADDED	177.168,00
STAFF COST	121.577,00
Provision for severance indemnity	6.753,00
G.O.M	45.958,00
AMORT/DEPREC/WRITED. OF FIXED ASSETS	14.706,00
PROFIT/(LOSS) FROM ORDINARY OPERATING ACTIVITIES	31.252,00
OTHER INCOME /CHARGES	-5.716,00
Interest receivable & similar income	71,00
OPERATING PROFIT (LOSS)	25.536,00
FINANCIAL CHARGES	5.124,00
PROFIT/(LOSS) BEFORE EXTRAORDINARY OP.S	20.412,00
ADJUSTMENTS TO VALUE OF FINANCIAL ASSETS (+-)	0,00
EXTRAORDINARY INCOME/CHARGES (+-)	13.011,00
PROFIT/(LOSS) BEFORE TAXATION	33.423,00
TAXATION	27.094,00
PROFIT/(LOSS) FOR THE PERIOD	6.329,00


Telephone	0575914924 (confirmed)
Requests in data bank	Last 3 months: 1 Last 6 months: 3 Last 12 months: 7
Report date	02/01/2008

Notes on the main statistical indexes to be seen in the report

CREDIT LIMIT

It points out the "maximum limit of credit advised" defined according to the potentiality of the company to be examined. The indicated value represents the result of the cross- analysis of the main economic, administrative and financial information of the company.

BANKRUPTCY INDEX

It expresses the probability the company has to run into bankruptcy within the next 12 months. The indicator on probability of bankruptcy is organized in 10 classes, a definite “risk of bankruptcy” corresponds to each class.
In the first class (index=01) there is a higher risk of bankruptcy, in the last one (index=10) the lowest, the risk is as follows:

01 High risk
02 Medium high risk
03 Medium high risk
04 Moderate risk
05 Moderate risk
06 Medium low risk
07 Medium low risk
08 Minimal risk
09 Minimal risk
10 Minimal risk

SECTOR RISK INDICATOR

It expresses the risk level of the sector of activity where the required company operates.