MIRA
INFORM REPORT
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Report Date : |
09.07.2008 |
IDENTIFICATION
DETAILS
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Name : |
AKEL GIDA DIS TICARET LTD. STI. |
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Registered Office : |
Barbaros Bul. Morbasan Sok. Orhan Palas Apt. B Blok No:4 D:3 Balmumcu
Istanbul |
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Country : |
Turkey |
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Date of Incorporation : |
12.03.2008 |
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Com. Reg. No.: |
659014 |
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Legal Form : |
Limited Company |
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Line of Business : |
Trade of Frozen Sea Products |
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 |
: |
AKEL GIDA DIS TICARET LTD. STI. |
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ADDRESS |
: |
Head Office: Barbaros Bul. Morbasan Sok. Orhan
Palas Apt. B Blok No:4 D:3 Balmumcu Istanbul / Turkey |
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PHONE NUMBER |
: |
90-212-211 96 20 |
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FAX NUMBER |
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90-212-213 01 37 |
LEGAL STATUS AND HISTORY
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TAX OFFICE / NO |
: |
Besiktas / 0230303993 |
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REGISTRATION NUMBER |
: |
659014 |
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REGISTERED OFFICE |
: |
Istanbul Chamber of Commerce |
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DATE ESTABLISHED |
: |
12.03.2008 (Commercial Registry Gazette
Date/No: 18.03.2008 / 7022) |
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LEGAL FORM |
: |
Limited Company |
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TYPE OF COMPANY |
: |
Private |
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REGISTERED CAPITAL |
: |
YTL 50,000 |
OWNERSHIP / MANAGEMENT
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SHAREHOLDERS |
: |
Yasar Akdemir Ahmet Cengiz Demirtas |
70 % 30 % |
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SISTER COMPANIES |
: |
-Akel Otomotiv Tekstil Sanayi ve Reklam
Hizmetleri Tic. Ltd. Sti. |
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GROUP PARENT COMPANY |
: |
None |
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SUBSIDIARIES |
: |
None |
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DIRECTORS |
: |
Yasar Akdemir Ahmet Cengiz Demirtas |
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OPERATIONS
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BUSINESS
ACTIVITIES |
: |
Trade of frozen sea products The firm has declared that, it is the
dealer of: -Tamek |
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NUMBER OF
EMPLOYEES |
: |
The firm has no employees. The operations
are carried out by the shareholders. |
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NET SALES |
: |
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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CAPACITY |
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None |
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PRODUCTION |
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None |
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IMPORT VALUE |
: |
YTL 300,000 |
(12.03.-30.06.2008) |
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IMPORT COUNTRIES |
: |
Africa and Far East Countries |
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MERCHANDISE
IMPORTED |
: |
Frozen sea products |
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PREMISES |
: |
Head Office: Barbaros Bul. Morbasan Sok.
Orhan Palas Apt. B Blok No:4 D:3 Balmumcu Istanbul |
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TREND OF
BUSINESS |
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Undetermined; recently established
business. |
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FINANCE
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MAIN DEALING BANKERS |
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Finansbank Besiktas branch in Istanbul Yapi ve Kredi Bankasi Yesilyurt branch in
Istanbul |
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PAYMENT BEHAVIOUR |
: |
No payment delays have come to our knowledge. |
COMMENT ON FINANCIAL POSITION
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GENERAL
FINANCIAL POSITION |
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As the firm was established on 12.03.2008, it has not prepared any
financial statements so far. So general financial position is undetermined
but the firm has a low amount of capital. |
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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.-31.05.2008) |
13.39 % |
1.2181 |
1.8583 |
2.4201 |
FOREIGN EXCHANGE
RATES
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Currency |
Unit
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Indian Rupees |
|
US Dollar |
1 |
Rs.43.13 |
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UK Pound |
1 |
Rs.85.02 |
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Euro |
1 |
Rs.67.77 |
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%)