MIRA
INFORM REPORT
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Report Date : |
14.08.2008 |
IDENTIFICATION
DETAILS
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Name : |
HELBA ILAC IC VE DIS TICARET LTD. STI. |
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Formerly Known As : |
HELLA ILAC IC VE DIS TICARET LTD. STI. |
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Registered Office : |
Ovecler Mah. 68. Sk. No:5/2 Cankaya – Ankara |
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Country : |
Turkey |
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Financials (as on) : |
31.03.2008 |
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Date of Incorporation : |
05.11.2007 |
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Com. Reg. No.: |
244709 |
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Legal Form : |
Limited Company |
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Line of Business : |
Trade of Perfumery and Pharmaceuticals but it has not started active
operation yet. |
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 Company |
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
COMPANY IDENTIFICATION
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NAME |
: |
HELBA ILAC IC VE DIS TICARET LTD. STI. |
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ADDRESS |
: |
Head Office: Ovecler Mah. 68. Sk. No:5/2
Cankaya – Ankara / Turkey |
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PHONE NUMBER |
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90-312-479 57 57 |
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FAX NUMBER |
: |
90-312-479 57 57 |
LEGAL STATUS AND HISTORY
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TAX OFFICE / NO |
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Baskent / 4610393038 |
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REGISTRATION NUMBER |
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244709 |
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REGISTERED OFFICE |
: |
Ankara Chamber of Commerce |
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DATE ESTABLISHED |
: |
05.11.2007 (Commercial Registry Gazette Date/No:
08.11.2007 / 6932) |
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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 |
: |
YTL 1,000,000 |
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PAID-IN CAPITAL |
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The paid-in capital is declared to be YTL 1,000,000
by the subject company. There is no certification for this figure. |
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HISTORY |
: |
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Previous Name |
: Hella Ilac Ic ve Dis Ticaret Ltd. Sti. |
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Name Changed On |
: 22.01.2008 (Commercial Registry Gazette Date/No:
25.01.2008 / 6985) |
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Previous
Registered Capital |
: YTL 100,000 |
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Regist. Capital Changed on |
: 17.03.2008 (Commercial Registry Gazette
Date/No: 21.03.2008 / 7025) |
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OWNERSHIP / MANAGEMENT
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SHAREHOLDERS |
: |
Vafadar Hasanov Besim Seref |
74 % |
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SISTER COMPANIES |
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Declared to be: None |
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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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DIRECTOR |
: |
Yusuf Ocek |
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OPERATIONS
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BUSINESS
ACTIVITIES |
: |
The firm is established to deal with trade
of perfumery and pharmaceuticals but it has not started active operation yet.
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NUMBER OF
EMPLOYEES |
: |
As the subject has not started active
operation yet, it has no employees. |
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NET SALES |
: |
As the subject has not started active
operation yet, it has no sales. |
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CAPACITY |
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None |
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PRODUCTION |
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None |
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EXPORT |
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None |
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PREMISES |
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Head Office: Ovecler Mah. 68. Sk. No:5/2
Cankaya – Ankara (rented from the shareholders) |
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TREND OF
BUSINESS |
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Undetermined; the subject has not started
active operation yet. |
FINANCE
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MAIN DEALING BANKERS |
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Garanti Bankasi Kizilay branch in Ankara |
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PAYMENT BEHAVIOUR |
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No payment delays have come to our knowledge. However the subject has
not started active operation yet. |
COMMENT ON FINANCIAL POSITION
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GENERAL
FINANCIAL POSITION |
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The firm is established to deal with trade
of perfumery and pharmaceuticals but it has not started active operation yet.
So, it had operating and net losses between 01.01.-31.03.2008. |
CREDIT OPINION
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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.-31.03.2008) |
6.26 % |
1.2033 |
1.8179 |
2.3972 |
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(1.1.-31.07.2008) |
15.18 % |
1.2161 |
1.8679 |
2.4151 |
INCOME STATEMENTS
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YTL |
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01.01-31.03.2008 |
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Net Sales |
0 |
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Cost of
Goods Sold |
0 |
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Gross Profit |
0 |
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Operating
Expenses |
7.649 |
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Operating Profit |
-7.649 |
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Other
Income |
9.186 |
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Other
Expenses |
4.161 |
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Financial
Expenses |
0 |
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Profit (loss) Before Tax |
-2.624 |
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Tax
Payable |
0 |
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Net Profit (loss) |
-2.624 |
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FOREIGN EXCHANGE
RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.42.82 |
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UK Pound |
1 |
Rs.80.01 |
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Euro |
1 |
Rs.63.83 |
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%)