MIRA
INFORM REPORT
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Report Date : |
22.02.2008 |
IDENTIFICATION
DETAILS
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Name : |
KARAKUS HIRDAVAT SANAYI VE TICARET LTD. STI. |
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Registered Office : |
Istoc Toptancilar Carsisi 16. Ada No: 20-22 Bagcilar-Istanbul |
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Country : |
Turkey |
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Date of Incorporation : |
11.11.1997 |
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Com. Reg. No.: |
380636 |
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Legal Form : |
Limited Company |
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Line of Business : |
Trader of Hardware |
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 |
: |
KARAKUS HIRDAVAT SANAYI VE TICARET LTD. STI. |
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ADDRESS |
: |
Head Office: Istoc Toptancilar Carsisi 16.
Ada No: 20-22 Bagcilar-Istanbul/Turkey Branch: Tahtakale Tomruk Sok.Alibey Is
Hani No:18 Eminonu-Istanbul/Turkey |
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PHONE NUMBER |
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90-212-659 07 09 (Head Office) 90-212-528 46 53 (Branch) |
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FAX NUMBER |
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90-212-659 07 08 (Head Office) |
LEGAL STATUS AND HISTORY
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TAX NO |
: |
5160086157 |
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REGISTRATION NUMBER |
: |
380636 |
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REGISTERED OFFICE |
: |
Istanbul Chamber of Commerce |
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DATE ESTABLISHED |
: |
11.11.1997 (Commercial Registry Gazette
Date/No: 17.11.1997/4420 ) |
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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 2,500,000 |
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HISTORY |
: |
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Previous Registered Capital |
: YTL 1,750,000 |
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Regist. Capital Changed on |
: 23.11.2006 (Commercial Registry Gazette
Date/No: 28.11.2006/6692 ) |
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OWNERSHIP / MANAGEMENT
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SHAREHOLDERS |
: |
Hasan Karakus Yusuf Karakus |
50 % 50 % |
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SISTER COMPANIES |
: |
-Termokap Plastik Urunleri Hirdavat Gida Sanayi
ve Ticaret A.S. |
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DIRECTORS |
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Hasan Karakus Yusuf Karakus |
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OPERATIONS
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BUSINESS
ACTIVITIES |
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Trade of hardware |
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SECTOR |
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Commerce |
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TRADEMARK(S) |
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The subject sells the following trade
mark: “Rico” |
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EXPORT COUNTRIES |
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Serbia, Northern Cyprus Turkish Republic,
Bulgaria |
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MERCHANDISE
EXPORTED |
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Tubes, pipes, hoses, rigid of ethylene
polymers, interchangeable tools, knives, hinges for furniture, hand saws,
spanners, wrenches… |
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PREMISES |
: |
Head Office: Istoc Toptancilar Carsisi 16.
Ada No: 20-22 Bagcilar-Istanbul Branch: Tahtakale Tomruk Sok.Alibey Is
Hani No:18 Eminonu-Istanbul |
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FIXED CAPITAL
INVESTMENTS |
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None |
FINANCE
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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. |
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.-31.01.2008) |
0.42 % |
1.1741 |
1.7303 |
2.3417 |
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%)