MIRA
INFORM REPORT
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Report Date : |
20th
June, 2006. |
IDENTIFICATION
DETAILS
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Name : |
DAGTEKIN
TICARET CAN SAY |
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Registered Office : |
Head Office&Store : Muzaffer Pasa
Cad.No:2 Kosklu Ciftlik Lefkosa Northern Cyprus Turkish Republic |
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Country : |
Turkish |
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Date of Incorporation : |
19.11.2003 |
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Com. Reg. No.: |
4595 |
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Legal Form : |
Sole-Proprietorship |
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Line of Business : |
Import and domestic trade of carpet and medicinal herb |
RATING & COMMENTS
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MIRA’s Rating : |
Ca |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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11-25 |
Ca |
Adverse factors are apparent. Repayment of
interest and principal sums in default or expected to be in default upon
maturity |
Limited with full security |
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Status : |
Moderate |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
COMPANY IDENTIFICATION
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NAME |
: |
DAGTEKIN TICARET CAN SAY |
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ADDRESS |
: |
Head Office&Store : Muzaffer Pasa Cad.No:2 Kosklu Ciftlik Lefkosa Northern Cyprus Turkish Republic |
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PHONE NUMBER |
: |
90-392-228 99 11 |
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FAX NUMBER |
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90-392-228 91 19 |
LEGAL STATUS AND HISTORY
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REGISTRATION NUMBER |
: |
4595 |
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REGISTERED OFFICE |
: |
Northern Cyprus Chamber of Commerce |
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DATE ESTABLISHED |
: |
19.11.2003 |
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LEGAL FORM |
: |
Sole-Proprietorship |
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TYPE OF COMPANY |
: |
Private |
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REGISTERED CAPITAL |
: |
In Northern
Cyprus Turkish Republic, companies are not obliged to register the capital
increases at Commercial Registry. |
OWNERSHIP / MANAGEMENT
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OWNER |
: |
Can Say |
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DIRECTORS |
: |
Can Say |
OPERATIONS
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BUSINESS ACTIVITIES |
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Import and domestic trade of carpet and medicinal herb |
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SECTOR |
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Commerce |
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NET SALES |
: |
n.a. |
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In
Turkey, there is no public registry on companies’ financial and detailed
general data. So, to collect a firm’s data, an information agency has to
contact the company and get its authorization. However
the company strictly declines to give us an authorization to gather its
financial data. As the firm’s shares are not open to public it is not obliged
to announce its data. |
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CAPACITY |
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None |
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PRODUCTION |
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None |
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PREMISES |
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Head Office&Store: Muzaffer
Pasa Cad.No:2 Kosklu Ciftlik Lefkosa Northern Cyprus Turkish
Republic |
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FIXED CAPITAL INVESTMENTS |
: |
None |
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COMMENT ON FINANCIAL POSITION
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GENERAL FINANCIAL POSITION |
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Undetermined; the subject declines to give
us an authorization to gather its financial data. As the shares of the firm
are not open to public, it is not obliged to announce its data. |
CREDIT OPINION
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PROPOSED CREDIT AMOUNT |
: |
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OUR RATING OPINION |
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Ca |
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CREDIT OPINION WITHOUT OBLIGATION |
: |
We are of the opinion that,
the subject is suitable for dealing on secured terms for any amount of
business. |
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|
Incr. in producers’ price index |
Average YTL/$ |
Average YTL/EUR |
Average YTL/GBP |
|
(2005) |
2.66 % |
1.3499 |
1.6882 |
2.4623 |
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(1.1.-31.05.2006) |
7.36 % |
1.3682 |
1.6722 |
2.4320 |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial
base with the strongest capability for timely payment of interest and
principal sums |
Unlimited |
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71-85 |
Aa |
Possesses adequate working capital. No
caution needed for credit transaction. It has above average (strong) capability
for payment of interest and principal sums |
Large |
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56-70 |
A |
Financial & operational base are
regarded healthy. General unfavourable factors will not cause fatal effect.
Satisfactory capability for payment of interest and principal sums |
Fairly Large |
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41-55 |
Ba |
Overall operation is considered normal.
Capable to meet normal commitments. |
Satisfactory |
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26-40 |
B |
Unfavourable & favourable factors
carry similar weight in credit consideration. Capability to overcome
financial difficulties seems comparatively below average/normal. |
Small |
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11-25 |
Ca |
Adverse factors are apparent. Repayment of
interest and principal sums in default or expected to be in default upon
maturity |
Limited with full security |
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<10 |
C |
Absolute credit risk exists. Caution
needed to be exercised |
Credit not recommended |