MIRA INFORM REPORT

 

 

Report Date :

26.07.2007

 

IDENTIFICATION DETAILS

 

Name :

FAB BY STAMATOPOULOS K. STAMATOPOULOS & SON O.E

 

 

Registered Office :

270A Vouliagmenis Ave, 17343, Agios Dimitrios, Attiki

 

 

Country :

Greece

 

 

Financials (as on) :

2006

 

 

Date of Incorporation :

01/07/1994   

 

 

Legal Form :

General Partnership  

 

 

Line of Business :

Representations, exclusive imports and trade of upholstery fabrics, curtains, curtain rods, tableware and decoratives

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

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

Satisfactory

 

Maximum Credit Limit :

Euro 335,970

 

 

Status :

Satisfactory

 

 

Payment Behaviour :

Regular

 

 

Litigation :

Clear

 

 

COMPANY NAME & ADDRESS

 

FAB BY STAMATOPOULOS K. STAMATOPOULOS & SON O.E.

270A Vouliagmenis Ave

17343, Agios Dimitrios, Attiki

Tel.       : 210 9708180

Fax       : 210 9751966

U.R.L.   : www.fabulousfabrics.gr

E-mail   : chstam@otenet.gr

 

 

Sector

 

Trade (White Linen - Upholstery Fabrics)

 

 

Year Established

 

01-07-1994

 

 

Administrator

 

Konstantinos Chr. Stamatopoulos

 

 

Sales as declared

 

Euro 3.733.000 (2006)

 

 

Staff of employees

 

30

 

 

FINANCIAL STATUS   

 

Satisfactory                                   

 

 

PAYMENT RECORD     

 

Prompt                                         

        

 

TREND              

 

Upward

 

 

TAX REGISTR. No

 

84111392                                                    

                                                                               

                                                                              

ISO Certificate

 

ISO 9001:2000

                                       

 

Testifying Company

 

BM TRADA

 

 

LEGAL FORM

 

General Partnership  

                                

 

DATE ESTABLISHED

 

01/07/1994   

 

                                        

HEAD OFFICE

 

Agios Dimitrios, Attiki    

                          

 

DURATION

 

For an indefinite period of time

 

                                                                               

HISTORY                                         

 

In the beginning of 1999 subject took over part of the business activities of the sole proprietorship STAMATOPOULOS THEODOROS,  originally founded in 1980. In December 1999 subject changed its            name from STAMATOPOULOS, TH. & K., BROS O.E. to the present.

 

ACTIVITY                                                                  

 

Representations, exclusive imports and trade of upholstery fabrics, curtains, curtain rods, tableware and decoratives

 

 

PREMISES (as declared )

                                                   

HEAD OFFICE-WAREHOUSE: 270a Vouliagmenis Ave, 173-43 Agios  Dimitrios, Attiki, rented,plot of land 1,600 m2.  

                           

RETAIL STORE: 270a Vouliagmenis Ave, 173-43 Agios Dimitrios,  ttiki. -108 Kifissias, 151-25 Maroussi, Attiki, owned.                 

                                                                              

Above premises at 270a, Vouliagmenis Ave (owned by Mr Konstantinos Stamatopoulos) a building of tot. 4.500m2 is located.

 

 

STAFF

                                                                        

Employees      :  30 persons

 

 

PARTNERS

                                                                   

by 51.00% Konstantinos Chr. Stamatopoulos (born in 1932)  

                  

by 49.00% Christos Kon. Stamatopoulos (born in 1980)

 

 

ADMINISTRATOR/S                                                          

 

Konstantinos Chr. Stamatopoulos

 

 

AFFILIATED COS                                                             

 

Konstantinos Chr. Stamatopoulos participates in the firm(s):                 

                                                                              

 STAMATOPOULOS KONSTANTINOS                                                

(Code No: 0086188  VAT: EL007482656)  

                                      

 

DATE ESTABLISHED

 

1980

                                                     


SECTOR

 

Trade (White Linen - Upholstery Fabrics)   

                         

HEAD OFFICE-SHOWROOM: 270a Vouliagmenis Ave & Amalias 173 43,  Agios Dimitrios, Attiki                                                       

Said firm has been inactive since 2004

 

 

FINANCIAL DATA                                                              

 

Paid up capital amounts to 300,000 Euro.

 

 

SALES

                                                                         

Sales (as declared)   :    Euro 3,733,000 (2006)                                 

                                                Euro 2,801,000 (2005)                                

                                                Euro 2,935,000 (2004)

 

 

BUSINESS TRANSACTION INDEX                                                    

 

Subject                                                                       

                                                                              

                                                2007                  2006                2005                 2004                 2003                      

                                                 

 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 335,970

 

 

BANKS                                                                       

 

Alpha Bank A.E.                                                              

Ilioupoli Branch (tel.:21-09768440-3)                                      

(Deposits-Loans-Imports/Exports)    

                                      

National Bank of Greece S.A.                                                 

Ilioupoli Branch (tel.:21-09738639)                                        

Bank of Piraeus S.A.                                                         

 Dafni Branch (tel.:21-09708791)

 

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

NR

In view of the lack of information, we have no basis upon which to recommend credit dealings

No Rating

 

 

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%)

 

 

 

 

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