MIRA
INFORM REPORT
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Report Date : |
18.09.2007 |
IDENTIFICATION DETAILS
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Name : |
AK YAPI GRANIT INSAAT TEKSTIL ITHALAT IHRACAT
SANAYI VE TICARET LTD. STI. |
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Registered Office : |
Yukari Dudullu Esensehir Mah. Gursel Sok. No: 6 Umraniye |
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Country : |
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Date of Incorporation : |
23.02.2007 (Commercial Registry Gazette Date / No: 01.03.2007 / 6756) |
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Com. Reg. No.: |
616931 |
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Legal Form : |
Limited Company |
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Line of Business : |
Wholesale trade of construction materials |
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 : |
New & Small Company |
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
COMPANY
IDENTIFICATION
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NAME |
: |
AK YAPI GRANIT INSAAT TEKSTIL ITHALAT IHRACAT
SANAYI VE TICARET LTD. STI. |
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ADDRESS |
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Head Office: Yukari Dudullu Esensehir Mah. Gursel Sok. No: 6 Umraniye |
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PHONE NUMBER |
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90-216-466 84 76 |
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FAX NUMBER |
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90-216-466 85 29 |
LEGAL STATUS AND
HISTORY
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TAX OFFICE / NO |
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Umraniye / 0430354697 |
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REGISTRATION NUMBER |
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616931 |
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REGISTERED OFFICE |
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DATE ESTABLISHED |
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23.02.2007 (Commercial Registry Gazette Date / No: 01.03.2007 / 6756) |
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LEGAL FORM |
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Limited Company |
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TYPE OF COMPANY |
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Private |
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REGISTERED CAPITAL |
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YTL 500,000 |
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HISTORY |
: |
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Previous Address |
:Bulgurlu Mah. Hanimseti Sok. Aktas Villalari No: 29 Kat: 1 Uskudar |
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Address Changed On |
:07.05.2007 (Commercial Registry Gazette Date / No: 11.05.2007 / 6806) |
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OWNERSHIP /
MANAGEMENT
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SHAREHOLDERS |
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Firat Akar Abdullah Akar |
95 % 5 % |
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GROUP PARENT COMPANY |
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None |
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SUBSIDIARIES |
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None |
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DIRECTORS |
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Abdullah Akar |
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OPERATIONS
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BUSINESS ACTIVITIES |
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Wholesale trade of construction materials |
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SECTOR |
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Commerce |
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NUMBER OF EMPLOYEES |
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6 |
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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 COUNTRIES |
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MERCHANDISE IMPORTED |
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Construction materials |
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PREMISES |
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Head Office: Yukari Dudullu Esensehir Mah. Gursel Sok. No: 6 Umraniye |
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FIXED CAPITAL INVESTMENTS |
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None |
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TREND OF BUSINESS |
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Undetermined; the subject is a young company |
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COMMERCIAL MORALITY |
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Good |
FINANCE
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MAIN DEALING BANKERS |
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T. Is Bankasi Eminonu branch in Akbank Eminonu 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
23.02.2007 until 15.08.2007, there are no protested bills and non-paid
cheques registered in the name of “Ak
Yapi”. |
COMMENT ON FINANCIAL
POSITION
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GENERAL FINANCIAL POSITION |
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Undetermined; the firm 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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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.-31.08.2007) |
3.93 % |
1.3597 |
1.8186 |
2.6959 |
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%)