MIRA
INFORM REPORT
|
Report Date : |
01.09.2008 |
IDENTIFICATION
DETAILS
|
Name : |
LIKIT KIMYA SANAYI VE TICARET A.S. |
|
|
|
|
Formerly Known As : |
LIKIT KIMYA SANAYI VE TICARET LTD ST |
|
|
|
|
Registered Office : |
Kayisdagi Mah. Dudullu Yolu Cad. Parlar Is Mrk No:115 K:1 D:4 Kadikoy
Istanbul |
|
|
|
|
Country : |
Turkey |
|
|
|
|
Date of Incorporation : |
02.08.1996 |
|
|
|
|
Com. Reg. No.: |
350632 |
|
|
|
|
Legal Form : |
Joint Stock Company |
|
|
|
|
Line of Business : |
Trader of Chemicals |
RATING &
COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Unfavourable & favourable factors carry similar weight in credit
consideration. Capability to overcome financial difficulties seems
comparatively below average. |
Small |
|
Status : |
Small Company |
|
|
|
|
Payment Behaviour : |
No Complaints |
|
|
|
|
Litigation : |
Clear |
COMPANY IDENTIFICATION
|
NAME |
: |
LIKIT KIMYA SANAYI VE TICARET A.S. |
|
ADDRESS |
: |
Head Office: Kayisdagi Mah. Dudullu Yolu Cad.
Parlar Is Mrk No:115 K:1 D:4 Kadikoy Istanbul / Turkey |
|
PHONE NUMBER |
: |
90-216-499 30 00 |
|
FAX NUMBER |
: |
90-216-499 30 13 |
LEGAL STATUS AND HISTORY
|
TAX NO |
: |
6080072449 |
|
|
|
REGISTRATION NUMBER |
: |
350632 |
|
|
|
REGISTERED OFFICE |
: |
Istanbul Chamber of Commerce |
|
|
|
DATE ESTABLISHED |
: |
02.08.1996 (Commercial Registry Gazette
Date/No: 09.08.1996/4099) |
|
|
|
LEGAL FORM |
: |
Joint Stock Company |
|
|
|
TYPE OF COMPANY |
: |
Private |
|
|
|
REGISTERED CAPITAL |
: |
YTL 10,000,000 |
|
|
|
HISTORY |
: |
|
|
|
|
|
|
Previous Legal Form |
:Limited Company |
|
|
|
|
Legal Form Changed On |
:01.04.2003 (Commercial Registry Gazette
Date/No: 04.04.2003/5771) |
|
|
|
|
Previous Name |
: LIKIT KIMYA SANAYI VE TICARET LTD STI |
|
|
|
|
Name Changed On |
: 01.04.2003 (Commercial Registry Gazette
Date/No: 04.04.2003/5771) |
|
|
|
|
Previous
Registered Capital |
:YTL 5,000,000 |
|
|
|
Regist. Capital Changed on |
:27.12.2007 (Commercial Registry Gazette
Date/No: 03.01.2008/6969) |
OWNERSHIP / MANAGEMENT
|
SHAREHOLDERS |
: |
Ahmet Aksoy Edibe Surucu Oya Gulen Ayse Hale Inal Ayfer Yasar |
57,5 % 21,5 % 12,5 % 7,5 % 1 % |
|
SISTER COMPANIES |
: |
-Likit Lojistik Nakliyat Ticaret Ltd Sti |
|
|
BOARD OF DIRECTORS |
: |
Ahmet Aksoy Edibe Surucu Oya Gulen Ayse Hale Inal |
Chairman Vice-Chairman Member Member |
OPERATIONS
|
BUSINESS
ACTIVITIES |
: |
Trade of chemicals |
|
|
SECTOR |
: |
Commerce |
|
|
NUMBER OF
EMPLOYEES |
: |
68 |
|
|
NET SALES |
: |
n.a. |
|
|
|
|
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. |
|
|
CAPACITY |
: |
None |
|
|
PRODUCTION |
: |
None |
|
|
EXPORT COUNTRIES |
: |
Iran, Bulgaria, Slovakia, Azerbaijan,
Greece… |
|
|
MERCHANDISE
EXPORTED |
: |
Chemicals |
|
|
PREMISES |
: |
Head Office: Kayisdagi Mah. Dudullu Yolu Cad.
Parlar Is Mrk No:115 K:1 D:4 Kadikoy Istanbul Warehouses: Yumurtalik-Adana, Marmara
Ereglisi-Tekirdag, Bandirma-Balikesir |
|
FIXED CAPITAL
INVESTMENTS |
: |
None |
FINANCE
|
PAYMENT BEHAVIOUR |
: |
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. |
|
|
Incr. in
producers’ price index |
Average YTL/$ |
Average YTL/EUR |
Average YTL/GBP |
|
(2007) |
5.94 % |
1.3075 |
1.7901 |
2.6133 |
|
(1.1.-31.07.2008) |
15.18 % |
1.2161 |
1.8679 |
2.4151 |
FOREIGN EXCHANGE
RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.44.21 |
|
UK Pound |
1 |
Rs.79.76 |
|
Euro |
1 |
Rs.64.72 |
RATING
EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest capability
for timely payment of interest and principal sums |
Unlimited |
|
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 |
|
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 |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Unfavourable & favourable factors carry similar weight in credit
consideration. Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
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 |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
NR |
In view of the lack of information, we have no basis upon which to
recommend credit dealings |
No Rating |
|
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%)