MIRA
INFORM REPORT
|
Report Date : |
15.02.2008 |
IDENTIFICATION
DETAILS
|
Name : |
TN METAL ENDUSTRIYEL MALZEMELER SANAYI VE DIS TICARET LTD.STI. |
|
|
|
|
Registered Office : |
Perpa Ticaret Merkezi B Blok Kat:8 No:989 Okmeydani-Istanbul / |
|
|
|
|
Country : |
Turkey |
|
|
|
|
Date of Incorporation : |
04.06.2007 (Commercial Registry Gazette Date/No:08.06.2007/6826) |
|
|
|
|
Com. Reg. No.: |
628374 |
|
|
|
|
Legal Form : |
Private Limited Company |
|
|
|
|
Line of Business : |
Trade of iron and steel products |
RATING &
COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Unfavourable & favourable factors carry similar weight in credit consideration.
Capability to overcome financial difficulties seems comparatively below
average. |
Small |
|
Status : |
New Company |
|
|
|
|
Payment Behaviour : |
No Complaints |
|
|
|
|
Litigation : |
Clear |
COMPANY
IDENTIFICATION
|
NAME |
: |
TN METAL ENDUSTRIYEL MALZEMELER SANAYI VE DIS TICARET LTD.STI. |
|
ADDRESS |
: |
Head Office: Perpa Ticaret Merkezi B Blok Kat:8 No:989
Okmeydani-Istanbul / Turkey |
|
PHONE NUMBER |
: |
90-212-221 55 20 |
|
FAX NUMBER |
: |
90-212-221 31 88 |
LEGAL STATUS AND
HISTORY
|
TAX OFFICE / NO |
: |
Sisli / 8450301849 |
|
REGISTRATION NUMBER |
: |
628374 |
|
REGISTERED OFFICE |
: |
Istanbul Chamber of Commerce |
|
DATE ESTABLISHED |
: |
04.06.2007 (Commercial Registry Gazette Date/No:08.06.2007/6826) |
|
LEGAL FORM |
: |
Limited Company |
|
TYPE OF COMPANY |
: |
Private |
|
REGISTERED CAPITAL |
: |
YTL 50,000 |
OWNERSHIP /
MANAGEMENT
|
SHAREHOLDERS |
: |
Ugur Saskin Omur Karacaoglu Tufan Deniz |
50 % 25 % 25 % |
|
SISTER COMPANIES |
: |
Declared to be: None |
|
|
GROUP PARENT COMPANY |
: |
None |
|
|
SUBSIDIARIES |
: |
None |
|
|
DIRECTORS |
: |
Omur Karacaoglu Tufan Deniz |
|
OPERATIONS
|
BUSINESS ACTIVITIES |
: |
Trade of iron and steel products |
|
|
SECTOR |
: |
Commerce |
|
|
NUMBER OF EMPLOYEES |
: |
2 |
|
|
NET SALES |
: |
n.a. |
|
|
|
|
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. |
|
|
CAPACITY |
: |
None |
|
|
PRODUCTION |
: |
None |
|
|
IMPORT COUNTRIES |
: |
India |
|
|
MERCHANDISE IMPORTED |
: |
Iron and steel products |
|
|
EXPORT |
: |
None |
|
|
PREMISES |
: |
Head Office: Perpa Ticaret Merkezi B Blok Kat:8 No:989
Okmeydani-Istanbul |
|
FIXED CAPITAL INVESTMENTS |
: |
None |
|
TREND OF BUSINESS |
: |
Undetermined, young business |
FINANCE
|
MAIN DEALING BANKERS |
: |
T.Is Bankasi Perpa branch in Istanbul |
|
PAYMENT BEHAVIOUR |
: |
No payment delays have come to our knowledge. |
COMMENT ON FINANCIAL
POSITION
|
GENERAL FINANCIAL POSITION |
|
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
|
|
Incr. in
producers’ price index |
Average YTL/$ |
Average YTL/EUR |
Average YTL/GBP |
|
(2007) |
5.94 % |
1.3075 |
1.7901 |
2.6133 |
|
(1.1.-31.01.2008) |
0.42 % |
1.1741 |
1.7303 |
2.3417 |
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. |
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%)