MIRA INFORM REPORT

 

 

Report Date :

28th June 2006

 

IDENTIFICATION DETAILS

 

Name :

KOUVALAKIDIS, J., & SON O.E.

 

 

Registered Office :

Komotinis - Alexandroupolis Rd (3rd km)

69100, Komotini, Rodopi

 

 

Country :

Greece

 

 

Date of Incorporation :

15-03-1980

 

 

Legal Form :

General Partnership

 

 

Line of Business :

Engaged in the business of processing, imports and wholesale trade of nuts, grains, legumes and fresh fruit

 

RATING & COMMENTS

 

MIRA’s Rating :

A

 

RATING

STATUS

PROPOSED CREDIT LINE

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

 

Status :

Good 

 

 

Payment Behaviour :

Regular

 

 

Litigation :

Clear

 

NAME & addres

 

KOUVALAKIDIS, J., & SON O.E.

ISN ID: 153165

Komotinis - Alexandroupolis Rd (3rd km)

69100, Komotini, Rodopi

Tel.: 25310 27279

Fax: 25310 32447

E-mail: gkouvalakidis@internet.gr

 

 

SUMMERY

 

Sector                                               :  Industry (Food Products)

Year Established                                :  15-03-1980

Year Founded                                    :  1951

Administrator                                     :  George Joh. Kouvalakidis

Capital Employed                               :  Euro 382.000

Sales as declared                              :  Euro 2.800.000 (Yearly)

Staff of employees                              :  4

 

 
FINANCIAL STATUS                           : Satisfactory
PAYMENT RECORD                          : Prompt
TREND                                                : Stable
 
 

TAX REGISTR. No

 
091694743
 
 

LEGAL FORM 

 
General Partnership
 
 

DATE ESTABLISHED 

 
15/03/1980
 
 

HEAD OFFICE 

 
Komotini, Rodopi
 
 

DURATION 

 
For an indefinite period of time
 

HISTORY

 
Subject continues the business activities of the sole proprietorship KOUVALAKIDIS JOHN which pre existed since 1951.
 
 

ACTIVITY

 
Processing, imports and wholesale trade of nuts, grains, legumes and fresh fruit
 
 

PREMISES (as declared )

 
HEAD OFFICE-PLANT: Komotinis - Alexandroupolis Rd (3rd km),
691-00 Komotini, Rodopi, owned,plot of land 8,500 m2, covered area 3,000 m2.
WHOLESALE STORE: 27 G. Zarri, 691-00 Komotini, Rodopi, covered area 150 m2.
 
The above mentioned store, located at 27 G. Zarri Street, is owned by partners.
 
 

STAFF

 
Employees      :  4 persons
 
 

PARTNERS

 
by 70.00% George Joh. Kouvalakidis (born in 1953)
by 15.00% Afroditi Joh. Kouvalakidi (born in 1955)
by 15.00% Despoina Geo. Kouvalakidi
 
 

ADMINISTRATOR/S

 
George Joh. Kouvalakidis

 

 

AFFILIATED COS

 
George Joh. Kouvalakidis participates in the firm(s):
 
-AXIA S.A. by 25.00%
(Code No: 0238198  VAT: EL099451094)
DATE ESTABLISHED: 1999
SECTOR: Introducing Brokers
Share capital : 176,082
Shareholders equity : 165,834
Net Sales : 34,022
Net profit : 4,146
Balance sheet details as at (31.12.2001) in Euro.
HEAD OFFICE: 49 N. Zoidi 691 00, Komotini, Rodopi
 

 

FINANCIAL DATA

 
Capital employed amounts to Euro 382,000

 

 

SALES

 
Net sales ann. (a.d.) : Euro 2,800,000

 

 

BUSINESS TRANSACTION INDEX

 
Subject
 
                  2006      2005     2004       2003       2002
                  ----         ----         ----          ----          ----
Group 1: 5*(5.00)  5*(5.00)  5*(5.00)  5*(5.00)  5*(5.00)
Group 2: 5*(5.00)  5*(5.00)  5*(5.00)  5*(5.00)  5*(5.00)
Group 3: 5*(5.00)  5*(5.00)  5*(5.00)  5*(5.00)  5*(5.00)
Total  : 5*(5.00)  5*(5.00)  5*(5.00)  5*(5.00)  5*(5.00)
 
Final Result: 5Stars (5.00)
 
Index: 5*, 4*, 3*, 2*, 1*, NA (Not applicable)

 

 

CREDIT APPRAISAL

 

We recommend a maximum credit limit of Euro 252,000

 

 

BANKS

 
Alpha Bank A.E.
Komotini Branch (tel.:2531-037610-2)
(Deposits)
National Bank of Greece S.A.
Komotini Branch (tel.:2531-021587)
(Imports/Exports)
Emporiki Bank
Komotini Branch (tel.:2531-022541)
EFG EUROBANK ERGASIAS S.A.
Komotini Branch (Ex Ergobank Branch) (tel.:2531-028830)

 

 

 

 

 

 

RATING EXPLANATIONS

 

 

RATING

STATUS

PROPOSED CREDIT LINE

>86

Aaa

Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums

Unlimited

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

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

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

26-40

B

Unfavourable & favourable factors carry similar weight in credit consideration. Capability to overcome financial difficulties seems comparatively below average/normal.

Small

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

<10

C

Absolute credit risk exists. Caution needed to be exercised

Credit not recommended

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions