MIRA
INFORM REPORT
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Report Date : |
25.01.2008 |
IDENTIFICATION
DETAILS
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Name : |
BOZTOPRAK GIDA SANAYI VE TICARET A.S. |
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Registered Office : |
Organize Sanayi Bolgesi 1. Cad. 7. Sok. No:3 Afyonkarahisar |
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Country : |
Turkey |
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Date of Incorporation : |
02.11.1990 |
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Com. Reg. No.: |
6184 |
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Legal Form : |
Private Limited |
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Line of Business : |
Manufacture and trade of food products such as marmalade, jam, cream,
honey etc |
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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BOZTOPRAK GIDA SANAYI VE TICARET A.S. |
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ADDRESS |
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Head Office & Factory: Organize Sanayi Bolgesi 1. Cad. 7. Sok.
No:3 Afyonkarahisar/Turkey |
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PHONE NUMBER |
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90-272-221 17 77 |
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FAX NUMBER |
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90-272-221 17 81 |
LEGAL STATUS AND HISTORY
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TAX NO |
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1860122226 |
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REGISTRATION NUMBER |
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6184 |
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REGISTERED OFFICE |
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Afyonkarahisar Chamber of Commerce and Industry |
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DATE ESTABLISHED |
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02.11.1990 |
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LEGAL FORM |
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Joint Stock Company |
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TYPE OF COMPANY |
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Private |
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REGISTERED CAPITAL |
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YTL 2,550,000 |
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HISTORY |
: |
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Previous Legal Form |
: Limited Company |
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Legal Form Changed On |
: 1998 (Commercial Registry Gazette Date/No:09.09.1998/4623) |
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Previous Name |
:Boztoprak Gida Sanayi ve Ticaret Ltd. Sti. |
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Name Changed On |
: 1998 (Commercial Registry Gazette Date/No:09.09.1998/4623) |
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Previous Registered Capital |
: YTL 1,000,000 |
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Regist. Capital Changed on |
: 12.08.2005 (Commercial Registry Gazette Date/No:19.08.2005/6372) |
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OWNERSHIP / MANAGEMENT
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SHAREHOLDERS |
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Metin Boztoprak Fadime Boztoprak Hakki Boztoprak Nafiz Boztoprak Cetin Boztoprak Berrin Boztoprak Banu Boztoprak |
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BOARD OF DIRECTORS |
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Metin Boztoprak Hakki Boztoprak Nafiz Boztoprak |
Chairman Member Member |
OPERATIONS
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BUSINESS ACTIVITIES |
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Manufacture and trade of food products such as marmalade, jam, cream,
honey etc. |
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TRADEMARK(S) |
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“Metin” |
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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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EXPORT COUNTRIES |
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Libya, Macedonia, Serbia, Bosnia-Herzegovinia, Norway, Belgium,
Portugal, Denmark, Germany, Netherlands, France, Australia, Algeria… |
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MERCHANDISE EXPORTED |
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Jams, jellies, marmalades, nuts, groundnuts, hazelnuts, roasted
chickpeas… |
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PREMISES |
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Head Office & Factory: Organize Sanayi Bolgesi 1. Cad. 7. Sok.
No:3 Afyonkarahisar (7,200 sqm covered area over a land of 15,000 sqm) |
FINANCE
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PAYMENT BEHAVIOUR |
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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
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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 |
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%)