MIRA INFORM REPORT

 

 

Report Date :

28.12.2011

 

IDENTIFICATION DETAILS

 

Name :

LST LAZER SISTEMLERI TEKNOLOJISI SANAYI VE TICARET LTD. STI.

 

 

Registered Office :

10040 Sokak Cadde: 45 No:24 A.O.S.B. Cigli  Izmir

 

 

Country :

Turkey

 

 

Year of Establishment :

2003

 

 

Com. Reg. No.:

Merkez-109273

 

 

Legal Form :

Limited Company

 

 

Line of Business :

Manufacture and trade of laser machines to be used at textile sector. The firm also provides after sales services.

 

 

No. of Employees :

15

 

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 – September 30, 2011

 

Country Name

Previous Rating

(30.06.2011)

Current Rating

(30.09.2011)

Turkey

B1

B1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

COMPANY IDENTIFICATION

 

NAME

:

LST LAZER SISTEMLERI TEKNOLOJISI SANAYI VE TICARET LTD. STI.

HEAD OFFICE ADDRESS

:

10040 Sokak Cadde: 45 No:24 A.O.S.B. Cigli  Izmir / Turkey

PHONE NUMBER

:

90-232-449 79 33

 

FAX NUMBER

:

90-232-449 77 39

 

WEB-ADDRESS

:

www.lst.com.tr

E-MAIL

:

info@lst.com.tr

 

 

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

:

Hasan Tahsin

TAX NO

:

6080311968

REGISTRATION NUMBER

:

Merkez-109273

REGISTERED OFFICE

:

Izmir Chamber of Commerce

DATE ESTABLISHED

:

2003

ESTABLISHMENT GAZETTE DATE/NO

:

13.08.2003/5862

 

LEGAL FORM

:

Limited Company

TYPE OF COMPANY

:

Private

REGISTERED CAPITAL

:

TL   750.000

PAID-IN CAPITAL

:

TL   750.000

HISTORY

:

Previous Registered Capital

:

TL 150.000

Changed On

:

03.11.2009 (Commercial Gazette Date /Number 09.11.2009/ 7434)

Previous Address

:

1004 Sok. No:1/P09 Yenisehir Izmir

Changed On

:

02.07.2010 (Commercial Gazette Date /Number 09.07.2010/ 7603)

 

OWNERSHIP / MANAGEMENT

 

SHAREHOLDERS

:

Erol Sasati

50 %

Merih Ozcelik

50 %

 

 

SISTER COMPANIES

:

CAGIL ARITMA SISTEMLERI CEVRE TEKNOLOJILERI INSAAT TAAHHUT HAVUZ ELEKTRONIK TURIZM TEKSTIL SANAYI VE TICARET LTD. STI.

 

SUBSIDIARIES

:

Declared to be: None

 

DIRECTORS

:

Merih Ozcelik

 

Erol Sasati

 

 

 

OPERATIONS

 

BUSINESS ACTIVITIES

:

Manufacture and trade of laser machines to be used at textile sector. The firm also provides after sales services.

 

NACE CODE

:

DK.29.54

 

TRADEMARKS OWNED

:

LSTTEX

 

NUMBER OF EMPLOYEES

:

15

 

NET SALES

:

2.300.462 TL

(2010) 

 

 

REMARKS ON NET SALES

:

The sales figure of 2010 is declared by the company. There is no certification for this figure.

 

 

IMPORT COUNTRIES

:

U.K.

Germany

France

 

MERCHANDISE IMPORTED

:

Parts of machinery

 

EXPORT COUNTRIES

:

China

Bangladesh

Colombia

U.S.A.

Egypt

Hong-Kong

India

Sri Lanka

 

MERCHANDISE  EXPORTED

:

Machinery

 

HEAD OFFICE ADDRESS

:

10040 Sokak Cadde: 45 No:24 A.O.S.B. Cigli  Izmir / Turkey

 

BRANCHES

:

Head Office/Production Plant  :  10040 Sokak Cadde: 45 No:24 A.O.S.B. Cigli Izmir/Turkey

 

 

 

FINANCE

 

MAIN DEALING BANKS

:

T. Is Bankasi Izmir Branch

 

PAYMENT BEHAVIOUR

:

No payment delays have come to our knowledge.

 

KEY FINANCIAL ELEMENTS

:

 

(2010) TL

 

 

 

 

Net Sales

2.300.462

 

 

 

 

Net Profit (loss)

135.159

 

 

 

 

 

 

REMARKS ON KEY FINANCIAL ELEMENTS

:

The key financial figures of 2010 are declared by the subject company. There is no certification for these figures.

 

 

COMMENT ON FINANCIAL POSITION

 

Profitability

High Net Profitability  in 2010

 

General Financial Position

The firm has profit but general financial position is undetermined.

 

 

 

Incr. in producers’ price index

 

Average USD/TL

Average EUR/TL

Average GBP/ TL

 ( 2010 )

8,87 %

1,5128

2,0096

2,3410

 ( 01.01-30.11.2011)

12,20 %

1,6616

2,3280

2,6658

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.52.89

UK Pound

1

Rs.82.71

Euro

1

Rs.69.15

 

 

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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