MIRA
INFORM REPORT
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Report Date : |
29.08.2011 |
IDENTIFICATION DETAILS
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Name : |
MERKAD GRANIT INSAAT VE YAPI MALZEMELERI SANAYI VE TICARET LTD. STI. |
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Registered Office : |
Eski Nizip Yolu Uzeri Trikotajcilar Sitesi Arkasi No:3 Gazikent
Sehitkamil Gaziantep |
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Country : |
Turkey |
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Date of Incorporation : |
22.12.2003 |
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Com. Reg. No.: |
25378 |
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Legal Form : |
Limited Company |
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Line of Business : |
Cutting and wholesale trade of granite and marble. |
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 |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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Payment Behaviour : |
No Complaints |
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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 – March 31st, 2011
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Country Name |
Previous Rating (31.12.2010) |
Current Rating (31.03.2011) |
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Turkey |
B1 |
B1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
NOTES |
: |
Address at your inquiry is the former address. |
COMPANY IDENTIFICATION
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NAME |
: |
MERKAD GRANIT INSAAT VE YAPI MALZEMELERI SANAYI VE TICARET LTD. STI. |
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HEAD OFFICE ADDRESS |
: |
Eski Nizip Yolu Uzeri Trikotajcilar Sitesi Arkasi No:3 Gazikent
Sehitkamil Gaziantep / Turkey |
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PHONE NUMBER |
: |
90-342-241 30 02-03 |
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FAX NUMBER |
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90-342-241 64 44 |
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WEB-ADDRESS |
: |
www.merkadgranit.com |
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E-MAIL |
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info@merkadgranit.com |
LEGAL STATUS AND HISTORY
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TAX OFFICE |
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Gazikent |
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TAX NO |
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6170303118 |
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REGISTRATION NUMBER |
: |
25378 |
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REGISTERED OFFICE |
: |
Gaziantep Chamber of Commerce |
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DATE ESTABLISHED |
: |
22.12.2003 |
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ESTABLISHMENT GAZETTE DATE/NO |
: |
02.01.2004/5959 |
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LEGAL FORM |
: |
Limited Company |
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TYPE OF COMPANY |
: |
Private |
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REGISTERED CAPITAL |
: |
TL 300.000 |
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HISTORY |
: |
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OWNERSHIP / MANAGEMENT
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SHAREHOLDERS |
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DIRECTORS |
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OPERATIONS
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BUSINESS ACTIVITIES |
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Cutting and wholesale trade of granite and marble. |
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NACE CODE |
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G .51.52 |
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SECTOR |
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Commerce |
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NUMBER OF EMPLOYEES |
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5 |
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NET SALES |
: |
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REMARKS ON NET SALES |
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The net sales figures of 2010 and 01.01.-30.06.2011 are declared by the
company. There is no certification for these figures. |
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IMPORT COUNTRIES |
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India Brazil Spain China |
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MERCHANDISE IMPORTED |
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Granite Marble |
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HEAD OFFICE ADDRESS |
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Eski Nizip Yolu Uzeri Trikotajcilar Sitesi Arkasi No:3 Gazikent Sehitkamil
Gaziantep / Turkey |
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BRANCHES |
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Processing Plant : Istasyon Mah. San Sit. 1. Cad. Nizip
Gaziantep/Turkey |
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TREND OF BUSINESS |
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There appears an upwards trend in
1.1 - 30.6.2011. |
FINANCE
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MAIN DEALING BANKS |
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Asya Katilim Bankasi Gaziantep Branch |
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PAYMENT BEHAVIOUR |
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We are informed about a single payment delay in the former years which
was resolved later on but no payment delays have come to our knowledge in the
last years. |
COMMENT ON FINANCIAL POSITION
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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. |
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Incr. in producers’ price index |
Average USD/TL |
Average EUR/TL |
Average GBP/ TL |
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( 2010 ) |
8,87 % |
1,5128 |
2,0096 |
2,3410 |
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( 01.01-30.06.2011) |
6,21 % |
1,5771 |
2,2246 |
2,5422 |
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( 01.01-31.07.2011) |
6,18 % |
1,5901 |
2,2465 |
2,5668 |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.46.05 |
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1 |
Rs.75.19 |
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Euro |
1 |
Rs.66.47 |
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 |
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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-- |
NB |
New Business |
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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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or
its officials.