MIRA
INFORM REPORT
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Report Date : |
31.05.2008 |
IDENTIFICATION
DETAILS
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Name : |
OZDIYAR DIS TICARET LTD STI |
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Registered Office : |
Demirciler Sitesi 1. Yol No:12 Zeytinburnu Istanbul |
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Country : |
Turkey |
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Date of Incorporation : |
15.10.1998 |
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Com. Reg. No.: |
405741 |
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Legal Form : |
Limited Company |
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Line of Business : |
Trade of Sewing Machinery |
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 |
NOTE: The
address at your inquiry is the former address of the firm.The subject company
moved from “Sakizagaci Mah. Tasan Cad. Necmibey Apt. No:37/3 Bakirkoy Istanbul” to “Demirciler
Sitesi 1. Yol No:12 Zeytinburnu Istanbul” on 21.03.2007.
COMPANY IDENTIFICATION
|
NAME |
: |
OZDIYAR DIS TICARET LTD STI |
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ADDRESS |
: |
Head Office: Demirciler Sitesi 1. Yol
No:12 Zeytinburnu Istanbul / Turkey |
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PHONE NUMBER |
: |
90-212-679 76 42 |
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FAX NUMBER |
: |
90-212-546 02 31 |
LEGAL STATUS AND HISTORY
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TAX OFFICE / NO |
: |
Davutpasa / 6830065705 |
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REGISTRATION NUMBER |
: |
405741 |
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REGISTERED OFFICE |
: |
Istanbul Chamber of Commerce |
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DATE ESTABLISHED |
: |
15.10.1998 (Commercial Registry Gazette
Date/No: 20.10.1998/4652) |
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LEGAL FORM |
: |
Limited Company |
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TYPE OF COMPANY |
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Private |
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REGISTERED CAPITAL |
: |
YTL 50,000 |
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HISTORY |
: |
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Previous Address |
:Sakizagaci Mah. Tasan Cad. Necmibey Apt.
No:37/3 Bakirkoy Istanbul |
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Address Changed On |
:21.03.2007 (Commercial Registry Gazette
Date/No: 27.03.2007/6774) |
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Previous Shareholders |
: Aykut Burucu (61 %) Hakan Burucu (39 %) |
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Shareholders Changed On |
: 01.05.2008 (Commercial Registry Gazette
Date/No: 07.05.2008 / 7057) |
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OWNERSHIP / MANAGEMENT
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SHAREHOLDERS |
: |
Aykut Burucu Hakan Burucu Araksi Nadya Parilusyan |
60 % 39 % 1 % |
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SISTER COMPANIES |
: |
Declared to be: None |
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GROUP PARENT COMPANY |
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None |
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SUBSIDIARIES |
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None |
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DIRECTORS |
: |
Aykut Burucu |
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OPERATIONS
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BUSINESS
ACTIVITIES |
: |
Trade of sewing machinery |
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SECTOR |
: |
Commerce |
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TRADEMARK(S) |
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The subject mainly sells the following
trademark: “Zetina” |
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NUMBER OF
EMPLOYEES |
: |
2 |
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NET SALES |
: |
YTL 502,346 YTL 501,275 YTL 403,164 |
(2005) (2006) (2007) |
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The a.m. net sales figures are declared by
the subject company, there is no certification for these figures. |
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CAPACITY |
: |
None |
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PRODUCTION |
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None |
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IMPORT VALUE |
: |
YTL 333,542 YTL 156,115 YTL 238,298 |
(2005) (2006) (2007) |
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IMPORT COUNTRIES |
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India |
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MERCHANDISE
IMPORTED |
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Sewing machinery |
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EXPORT VALUE |
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None |
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PREMISES |
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Head Office: Demirciler Sitesi 1. Yol
No:12 Zeytinburnu Istanbul |
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FIXED CAPITAL
INVESTMENTS |
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None |
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TREND OF BUSINESS |
: |
There
was decline at sales volume in nominal terms in 2006 and 2007. |
FINANCE
|
MAIN DEALING BANKERS |
: |
Garanti Bankasi Demirciler Sitesi branch
in Istanbul T.Is Bankasi Demirciler Sitesi 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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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. |
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Incr. in
producers’ price index |
Average YTL/$ |
Average YTL/EUR |
Average YTL/GBP |
|
(2007) |
5.94 % |
1.3075 |
1.7901 |
2.6133 |
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(1.1.-30.04.2008) |
11.04 % |
1.2193 |
1.8541 |
2.4257 |
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%)