MIRA
INFORM REPORT
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Report Date : |
21.01.2008 |
IDENTIFICATION
DETAILS
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Name : |
UNION N.T.P. |
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Registered Office : |
Darrdanija-SU 6/6 LB2 RS 38000 Pristina |
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Country : |
Republic Serbia |
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Date of Incorporation : |
1991 |
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Legal Form : |
Private Trading Company |
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Line of Business : |
Wholesale Trading of Food Stuff |
RATING &
COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
name and address of the company
UNION N.T.P.
Darrdanija-SU 6/6 LB2
RS 38000 Pristina; Kosovo
Tel: +381 38 548164
Fax: +381 38 548328
E-mail: union_ks@yahoo.com
Legal
form
N.T.P. - private trading company
Established
1991
Registered
1991, Commercial Court Prishtina,
Actual registration at the UNMIK institutions
(insight to third parties not possible)
Statistic number: 70035717
Establishers
XhabirKajtazi,
Prishtina 50,00%
Katyra Kajtazi,
Prishtina 50,00%
Basic
capital
Data not available
Management
Xhabir Kajtazi, manager,
Republic Serbia
Nazmi Mlilolli, manager,
Republic Serbia
Izet Abdrahmani, financial manager,
Republic Serbia
Activity
Other wholesale
Wholesale trading: child's program (napkins, food)
Wholesale trading of food stuff
EXPORT/IMPORT
Import from: Turkey, Italy, Germany, Netherlands
and Greece
legal site and business premises are located at the
above address, owned by the company
Rep. Offices:
· Tirana, Albania
Size of fleet:
Cars 3
Trucks 1
Vans 7
Basic activity (according to National activity
classification):
Other wholesale (51.7)
Staff 2006 ca. 25 employees
Total
revenue
Data not available
Real
estate
The company owns real estates
insight into real estate register not possible
Balance
sheet
Balance sheet figures not available
Remarks
There is no record of any debt collection action
Affiliates: not
identified
Subsidiaries: not
identified
Immediate parent company: none
Latest return on files with the Companies' register (Commercial Court Pristina)
and Federal Statistic Office is dated June 1999.
Since June 1999 companies based in the region of Kosovo are due to register or
re-register with UNMIK. Access to these data is not possible.
Since June 1999 companies based in the region of Kosovo do not have to file any
form of accounts with the official Serbia authorities.
Companies' accounts (companies based in the region of Kosovo) are filed with
UNMIK. Access to these data is not possible.
Our analyst contacted subject company in order to provide financial data of the
subject company, but data was declined by the subject.
Bankers
Banka Ekonomike A.D. Prishtina
Account Nr.: 140-100000043-25
Mode
of payment
Credit
opinion
Business connections are not denied
Taking inro account the absence of financial data
as well as the political situation in Kosovo, all credits require securities
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%)