MIRA INFORM REPORT
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Report Date : |
29.12.2011 |
IDENTIFICATION DETAILS
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Name : |
PAKPEN PLASTIK BORU VE YAPI ELEMANLARI SANAYI
VE TICARET A.S. |
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Formerly Known As : |
Ibg Pakplastik Plastik Yapi Elemanlari Sanayi
Ve Ticaret A.S. |
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Registered Office : |
Konya Organize Sanayi (KOS) Evrenkoy Cad.
No:11 Konya |
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Country : |
Turkey |
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Year of Establishment : |
1989 |
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Com. Reg. No.: |
17191 |
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Legal Form : |
Joint Stock Company |
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Line of Business : |
Manufacture and trade of
PVC door and window profiles, PVC exterior coatings |
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No. of Employees
: |
620 |
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 – September 30th, 2011
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Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
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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 |
COMPANY IDENTIFICATION
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NAME |
: |
PAKPEN PLASTIK BORU VE YAPI ELEMANLARI SANAYI VE
TICARET A.S. |
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HEAD OFFICE ADDRESS |
: |
Konya Organize Sanayi (KOS) Evrenkoy Cad. No:11 Konya / Turkey |
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PHONE NUMBER |
: |
90-332-239 01 20 |
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FAX NUMBER |
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90-332-239 01 23 |
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E-MAIL |
: |
LEGAL STATUS AND HISTORY
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NOTES ON
LEGAL STATUS AND HISTORY |
: |
The paid-in capital
is declared by the subject. There is no certification for the paid-in
capital.. |
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TAX OFFICE |
: |
Selcuk |
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TAX NO |
: |
4650005379 |
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REGISTRATION NUMBER |
: |
17191 |
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REGISTERED OFFICE |
: |
Konya Chamber of Commerce |
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DATE ESTABLISHED |
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1989 |
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LEGAL FORM |
: |
Joint Stock Company |
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TYPE OF COMPANY |
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Private |
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REGISTERED CAPITAL |
: |
TL 90.000.000 |
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PAID-IN CAPITAL |
: |
TL 90.000.000 |
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HISTORY |
: |
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OWNERSHIP / MANAGEMENT
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SHAREHOLDERS |
: |
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GROUP |
: |
PAKPEN GROUP OF COMPANIES |
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SISTER COMPANIES |
: |
PAKPEN DIS TICARET A.S. PAKSU INSAAT TESISAT MALZEMELERI SANAYI VE TICARET A.S. SC PAKPEN SRL (ROMANIA) |
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BOARD OF DIRECTORS |
: |
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DIRECTORS |
: |
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OPERATIONS
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BUSINESS ACTIVITIES |
: |
Manufacture and trade of PVC door and window profiles, PVC exterior
coatings. |
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NACE CODE |
: |
DH.25.23 |
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SECTOR |
: |
PVC |
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TRADEMARKS OWNED |
: |
Pak Board Pak Country Pak Door Pak Form Pak Panel Pakpen Pakplast Boru Paksiding |
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NUMBER OF EMPLOYEES |
: |
620 |
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NET SALES |
: |
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REMARKS ON NET SALES |
: |
The sales figure of 01.01.-30.09.2011 is declared by the company.
There is no certification for this figure. |
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IMPORT VALUE |
: |
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IMPORT COUNTRIES |
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Far East Countries European Countries |
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MERCHANDISE IMPORTED |
: |
Raw materials |
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EXPORT VALUE |
: |
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EXPORT COUNTRIES |
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Northern Cyprus Turkish Republic Germany Qatar Free Zone |
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MERCHANDISE EXPORTED |
: |
Hoses Pipes Plastic articles Stainless steel Tubes |
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HEAD OFFICE ADDRESS |
: |
Konya Organize Sanayi (KOS) Evrenkoy Cad. No:11 Konya / Turkey ( owned ) |
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BRANCHES |
: |
Head Office/Factory : Konya Organize Sanayi (KOS) Evrenkoy Cad.
No:11 Konya/Turkey (owned) (120.000 sqm) |
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TREND OF BUSINESS |
: |
There was an upwards trend in 2010. There appears an upwards trend in
1.1 - 30.9.2011. |
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SIZE OF BUSINESS |
: |
Giant |
FINANCE
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PAYMENT BEHAVIOUR |
: |
No payment delays have come to our knowledge. |
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KEY FINANCIAL ELEMENTS |
: |
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COMMENT ON FINANCIAL POSITION
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Capitalization |
Insufficient As of 31.12.2010 |
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Profitability |
Net Loss in 2008 Low Net Profitability in 2009 |
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General Financial Position |
Unsatisfactory |
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Incr. in producers’ price index |
Average USD/TL |
Average EUR/TL |
Average GBP/ TL |
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( 2008 ) |
8,11 % |
1,2858 |
1,8876 |
2,3708 |
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( 01.01-30.06.2009) |
3,27 % |
1,5955 |
2,1421 |
2,3861 |
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( 2009 ) |
5,93 % |
1,5460 |
2,1529 |
2,4094 |
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( 2010 ) |
8,87 % |
1,5128 |
2,0096 |
2,3410 |
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( 01.01-30.09.2011) |
9,72 % |
1,6335 |
2,3016 |
2,6294 |
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( 01.01-30.11.2011) |
12,20 % |
1,6616 |
2,3280 |
2,6658 |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
|
US Dollar |
1 |
Rs.53.21 |
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UK Pound |
1 |
Rs.83.32 |
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Euro |
1 |
Rs.69.51 |
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.