MIRA INFORM REPORT

 

 

Report Date :           

25.04.2011

 

IDENTIFICATION DETAILS

 

Name :

COSKUN GOMLEK TRIKO SANAYI IC VE DIS TICARET LTD. STI.

 

 

 

Coskun Triko Sanayi Ic ve Dis Ticaret Ltd. Sti.

 

 

Registered Office :

Keresteciler Sitesi M. Nesih Ozmen Mah. Nar Sok. Silsupur Is Merkezi No:2 Gungoren Istanbul

 

 

Country :

Turkey

 

 

Date of Incorporation :

07.01.1997

 

 

Com. Reg. No.:

360681

 

 

Legal Form :

Limited Company

 

 

Line of Business :

Manufacture and trade of men's ready wear

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Status :

Moderate

 

 

Payment Behaviour :

No Complaints

 

 

Litigation :

Clear

 

NOTES :

Any query related to this report can be made on e-mail : infodept@mirainform.com while quoting report number, name and date.

 

ECGC Country Risk Classification List – December 31, 2010

 

Country Name

Previous Rating

                   (30.09.2010)                  

Current Rating

(31.12.2010)

Turkey

b1

b1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

NOTES

:

Address at your inquiry is the former address.

 

 

COMPANY IDENTIFICATION

 

NAME

:

COSKUN GOMLEK TRIKO SANAYI IC VE DIS TICARET LTD. STI.

HEAD OFFICE ADDRESS

:

Keresteciler Sitesi M. Nesih Ozmen Mah. Nar Sok. Silsupur Is Merkezi No:2 Gungoren Istanbul / Turkey

PHONE NUMBER

:

90-212-512 06 28

 

FAX NUMBER

:

90-212-520 18 74

 

 

 

LEGAL STATUS AND HISTORY

 

NOTES ON LEGAL STATUS AND HISTORY

:

The paid-in capital is declared by the subject. There is no certification for the paid-in capital.

 

 

TAX OFFICE

:

Merter

TAX NO

:

2140055400

REGISTRATION NUMBER

:

360681

REGISTERED OFFICE

:

Istanbul Chamber of Commerce

DATE ESTABLISHED

:

07.01.1997

ESTABLISHMENT GAZETTE DATE/NO

:

15.01.1997/4209

LEGAL FORM

:

Limited Company

TYPE OF COMPANY

:

Private

REGISTERED CAPITAL

:

TL   1.500.000

PAID-IN CAPITAL

:

TL   1.400.000

HISTORY

:

Previous Name

:

Coskun Triko Sanayi Ic ve Dis Ticaret Ltd. Sti.

Changed On

:

26.02.1997 (Commercial Gazette Date /Number 03.03.1997/ 4240)

Previous Registered Capital

:

TL 600.000

Changed On

:

06.05.2010 (Commercial Gazette Date /Number 12.05.2010/ 7562)

Previous Address

:

Sururi Mah. Sultanodalari Sok. Attarbasi Han No:17 Zemin 5 Eminonu-Istanbul

Changed On

:

13.01.2009 (Commercial Gazette Date /Number 16.01.2009/ 7229)

OWNERSHIP / MANAGEMENT

 

SHAREHOLDERS

:

Burhan Coskun

55 %

Ibrahim Coskun

30 %

Suheyla Coskun

15 %

 

 

SISTER COMPANIES

:

Declared to be:None

 

SUBSIDIARIES

:

Declared to be:None

 

DIRECTORS

:

Burhan Coskun

 

 

 

OPERATIONS

 

BUSINESS ACTIVITIES

:

Manufacture and trade of men's ready wear.

 

NACE CODE

:

DB.18.22

 

SECTOR

:

Ready-wear

 

NUMBER OF EMPLOYEES

:

49

 

REMARKS ON NET SALES

:

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.

 

 

IMPORT COUNTRIES

:

India

 

MERCHANDISE IMPORTED

:

Yarn

 

EXPORT COUNTRIES

:

France

Greece

Spain

Germany

 

MERCHANDISE  EXPORTED

:

Ready wear

 

HEAD OFFICE ADDRESS

:

Keresteciler Sitesi M. Nesih Ozmen Mah. Nar Sok. Silsupur Is Merkezi No:2 Gungoren Istanbul / Turkey

 

BRANCHES

:

Production Plant  :  Kazim Karabekir Mah. 856. Sok. No:17 Kucukbey Istanbul/Turkey

 

 

 

FINANCE

 

MAIN DEALING BANKS

:

Asya Katilim Bankasi Sultanhamam Branch

Halk Bankasi Cagaloglu Branch

Is Bankasi Merter Branch

 

PAYMENT BEHAVIOUR

:

No payment delays have come to our knowledge.

 

 

 

COMMENT ON FINANCIAL POSITION

 

General Financial Position

General financial position is 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 USD/TL

Average EUR/TL

Average GBP/ TL

 ( 2007 )

5,94 %

1,3075

1,7901

2,6133

 ( 2008 )

8,11 %

1,2858

1,8876

2,3708

 ( 2009 )

5,93 %

1,5460

2,1529

2,4094

 ( 2010 )

8,87 %

1,5128

2,0096

2,3410

 ( 01.01-31.03.2011)

5,40 %

1,5753

2,1664

2,5072

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.44.30

UK Pound

1

Rs.72.92

Euro

1

Rs.64.69

 

 

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

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

----

NB

New Business

----

 

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%)

 

 

 

 

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