MIRA
INFORM REPORT
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Report Date : |
29.08.2007 |
IDENTIFICATION DETAILS
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Name : |
RETEKS TEKSTIL DIS TICARET KOLLEKTIF SIRKETI
HALIL KARAMAN VE ORTAKLARI |
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Registered Office : |
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Country : |
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Date of Incorporation : |
10.06.2002 |
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Com. Reg. No.: |
477561 |
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Legal Form : |
Co-Partnership |
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Line of Business : |
Trade of denim fabric at free zone |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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. |
Small |
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Status : |
Small Company |
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
COMPANY
IDENTIFICATION
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NAME |
: |
RETEKS TEKSTIL DIS TICARET KOLLEKTIF SIRKETI
HALIL KARAMAN VE ORTAKLARI |
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ADDRESS |
: |
Head Office: |
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PHONE NUMBER |
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90-212-465 09 41 90-212-465 08 85 |
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FAX NUMBER |
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90-212-465 08 87 |
LEGAL STATUS AND
HISTORY
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TAX OFFICE / NO |
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Bakirkoy / 7340333535 |
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REGISTRATION NUMBER |
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477561 |
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REGISTERED OFFICE |
: |
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DATE ESTABLISHED |
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10.06.2002 (Commercial Registry Gazette
Date/No:13.06.2002/5569) |
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LEGAL FORM |
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Co-Partnership |
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TYPE OF COMPANY |
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Private |
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REGISTERED CAPITAL |
: |
YTL 50,000 |
OWNERSHIP /
MANAGEMENT
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PARTNERS |
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Halil Karaman Kadri Kayhan Murat Ozturk Ozgenc Ozenc Yusuf Yosi Ozlevi Kartal Mutlu Atac |
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GROUP |
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R Group of companies -Re Lojistik Hizmetleri Depoculuk
Antrepoculuk Nakliyat ve Oto Kiralama Dis Ticaret Ltd Sti -Re-Alcam Cam Urunleri Mobilya Dekorasyon ve
Tekstil Pazarlama Sanayi Dis Ticaret A.S. -Reteks Tekstil Dis Ticaret Dis Ticaret
Kollektif Sirketi Halil Karaman ve Ortaklari -Realteks Tekstil Pazarlama Sanayi ve Dis
Ticaret Ltd Sti. -Recott Tekstil Urunleri Pazarlama Sanayi
ve Dis Ticaret A.S. -Restores Magazacilik Tekstil ve Gida
Urunleri Pazarlama Sanayi Dis Ticaret A.S. |
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DIRECTORS |
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Murat Ozturk Kadri Kayhan Ozgenc Ozenc Kartal Mutlu Atac Aykut Dulkan |
OPERATIONS
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BUSINESS
ACTIVITIES |
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Trade of denim fabric at free zone |
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SECTOR |
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Commerce |
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NUMBER OF
EMPLOYEES |
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9 |
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NET SALES |
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n.a. |
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In 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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IMPORT VALUE |
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YTL 34,704,000 |
(2006) |
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IMPORT COUNTRIES |
: |
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MERCHANDISE
IMPORTED |
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Denim fabric |
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EXPORT |
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As the firm is located at free zone all of
its sales are regarded as exports |
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PREMISES |
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Head Office: |
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FIXED CAPITAL
INVESTMENTS |
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None |
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COMMERCIAL MORALITY : Good
FINANCE
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MAIN DEALING BANKERS |
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Garanti Bankasi Ataturk Hava Limani branch
in Yapi ve Kredi Bankasi Ataturk Hava Limani
branch in |
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PAYMENT BEHAVIOUR |
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No complaints have been heard regarding
payments from banks. According to the official registries since its establishment on 10.06.2002 until 15.07.2007, there are no protested bills and non-paid cheques registered in the name of “Reteks Tekstil” |
COMMENT ON FINANCIAL
POSITION
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GENERAL
FINANCIAL POSITION |
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The liability of the co-partnerships is
not limited to the capital. The partners of co-partnerships are responsible
for the debts of the co-partnerships with all of their personal wealth. The
partners of the subject have shares at limited and joint stock companies. |
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Incr. in
producers’ price index |
Average YTL/$ |
Average YTL/EUR |
Average YTL/GBP |
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(2006) |
11.58 % |
1.4309 |
1.7987 |
2.6377 |
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(1.1.-31.07.2007) |
3,05 % |
1.3633 |
1.8196 |
2.6989 |
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. |
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 |
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NR |
In view of the lack of information, we have no basis upon which to
recommend credit dealings |
No Rating |
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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 and their relative weights (as indicated through %) are as
follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)