MIRA
INFORM REPORT
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Report Date : |
02.04.2008 |
IDENTIFICATION
DETAILS
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Name : |
OZYURUR BAKALIT KULP VE METAL SANAYI TICARET LTD STI |
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Registered Office : |
Yeni Sanayi Sitesi Degirmenciler Cad. No:8 Kahramanmaras |
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Country : |
Turkey |
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Date of Incorporation : |
14.07.2005 |
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Com. Reg. No.: |
7914 |
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Legal Form : |
Limited Company |
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Line of Business : |
Manufacture and trade of bakelite handles
such as; handles of stewpot and coffee pot. |
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 |
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OZYURUR BAKALIT KULP VE METAL SANAYI TICARET LTD. STI. |
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ADDRESS |
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Head Office/Production Plant: Yeni Sanayi Sitesi
Degirmenciler Cad. No:8 Kahramanmaras / Turkey |
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PHONE NUMBER |
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90-344-236 50 81 |
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FAX NUMBER |
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90-344-236 22 16 |
LEGAL STATUS AND HISTORY
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TAX OFFICE / NO |
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Aksu / 7180336527 |
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REGISTRATION NUMBER |
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7914 |
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REGISTERED OFFICE |
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Kahramanmaras Chamber of Commerce and
Industry |
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DATE ESTABLISHED |
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14.07.2005 (Commercial Registry Gazette
Date/No: 05.08.2005 / 6362) |
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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 2,000,000 |
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HISTORY |
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Previous Registered Capital |
: YTL 10,000 |
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Regist. Capital Changed on |
: 14.07.2006 (Commercial Registry Gazette
Date/No: 02.08.2006 / 6612) |
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OWNERSHIP / MANAGEMENT
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SHAREHOLDERS |
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Sevket Yururdurmaz Duran Kucukonder Muhittin Yururdurmaz Fatih Yururdurmaz Abdullah Yururdurmaz |
25 % 11,75 % |
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SISTER COMPANIES |
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Declared to be: -Truva Mutfak Esyalari Paz. San. Ltd. Sti. |
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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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Duran Kucukonder Muhittin Yururdurmaz |
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OPERATIONS
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BUSINESS
ACTIVITIES |
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Manufacture and trade of bakelite handles
such as; handles of stewpot and coffee pot |
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NUMBER OF
EMPLOYEES |
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75 |
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NET SALES |
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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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IMPORT COUNTRIES |
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China, India |
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MERCHANDISE
IMPORTED |
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Raw materials |
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EXPORT COUNTRIES |
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Argentina |
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MERCHANDISE
EXPORTED |
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Handles |
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PREMISES |
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Head Office/Production Plant: Yeni Sanayi
Sitesi Degirmenciler Cad. No:8 Kahramanmaras |
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FINANCE
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MAIN DEALING BANKERS |
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T. Finans Katilim Bankasi Kahramanmaras
branch in Kahramanmaras Asya Katilim Bankasi Kahramanmaras branch in
Kahramanmaras Kuveyt Turk Katilim Bankasi Kahramanmaras
branch in Kahramanmaras Albaraka Turk Katilim Bankasi K.maras
branch in Kahramanmaras |
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PAYMENT BEHAVIOUR |
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No payment delays have come to our knowledge. |
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. |
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Incr. in
producers’ price index |
Average YTL/$ |
Average YTL/EUR |
Average YTL/GBP |
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(2007) |
5.94 % |
1.3075 |
1.7901 |
2.6133 |
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(1.1.-29.02.2008) |
3 % |
1.1768 |
1.7488 |
2.3424 |
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%)