MIRA INFORM REPORT

 

 

Report Date :

03.01.2011

 

IDENTIFICATION DETAILS

 

Name :

CELTIS ILAC SANAYI VE TICARET A.S.

 

 

Formerly Known As :

Celtis Ilac Sanayi ve Ticaret Ltd. Sti.

 

 

Registered Office :

Gungoren Tozkoparan Mah. G. Aliriza Gurcan Cad. Merter Ism. Bagimsiz Bol. 2/6  Istanbul

 

 

Country :

Turkey

 

 

Date of Incorporation :

27.09.2002

 

 

Com. Reg. No.:

483478

 

 

Legal Form :

Joint Stock Company

 

 

Line of Business :

Trade of medicine

 

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 – June 30, 2010

 

Country Name

Previous Rating

                   (01.04.2010)                  

Current Rating

(30.06.2010)

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 is different from the address at your inquiry.

 

 

COMPANY IDENTIFICATION

 

NAME

:

CELTIS ILAC SANAYI VE TICARET A.S.

HEAD OFFICE ADDRESS

:

Gungoren Tozkoparan Mah. G. Aliriza Gurcan Cad. Merter Ism. Bagimsiz Bol. 2/6  Istanbul / Turkey

PHONE NUMBER

:

90-212-482 41 53

 

FAX NUMBER

:

90-212-482 50 79

 

 

 

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

:

Marmara Kurumlar

TAX NO

:

2050531090

REGISTRATION NUMBER

:

483478

REGISTERED OFFICE

:

Istanbul Chamber of Commerce

DATE ESTABLISHED

:

27.09.2002

ESTABLISHMENT GAZETTE DATE/NO

:

02.10.2002/5647

LEGAL FORM

:

Joint Stock Company

TYPE OF COMPANY

:

Private

REGISTERED CAPITAL

:

TL   5.000.000

PAID-IN CAPITAL

:

TL   5.000.000

HISTORY

:

Previous Legal Type

:

Limited Company

Changed On

:

05.04.2007 (Commercial Gazette Date /Number 11.04.2007/ 6785)

Previous Name

:

Analiz Ilac Sanayi ve Ticaret Ltd. Sti.

Changed On

:

06.02.2007 (Commercial Gazette Date /Number 09.02.2007/ 6742)

Previous Name

:

Celtis Ilac Sanayi ve Ticaret Ltd. Sti.

Changed On

:

05.04.2007 (Commercial Gazette Date /Number 11.04.2007/ 6785)

Previous Registered Capital

:

TL 2.000.000

Changed On

:

20.11.2009 (Commercial Gazette Date /Number 26.11.2009/ 7447)

Previous Address

:

Gungoren Tozkoparan Eski Cirpici Cikmazi Merter Meridyen Ismerkezi No:1/405

Changed On

:

08.11.2007 (Commercial Gazette Date /Number 13.11.2007/ 6935)

 

 

OWNERSHIP / MANAGEMENT

 

SHAREHOLDERS

:

Alaaddin Bilgic

 

Sevim Sarac

 

Muhammed Sina Bilgic

 

Mahmut Bilgic

 

Ali Bilgic

 

 

 

SISTER COMPANIES

:

BASEL KIMYEVI MADDELER VE ILAC SANAYI TICARET A.S.

 

CPI TEKNOLOJI YAZILIM ARGE VE DANISMANLIK TICARET LTD. STI.

 

ELU KOZMETIK SANAYI TICARET LTD. STI.

 

FOR RENT OTOMOTIV TICARET A.S.

 

INTEGRI ILAC SANAYI TICARET LTD. STI.

 

LOGUS ILAC SANAYI TICARET LTD. STI.

 

MENTIS ILAC SANAYI TICARET LTD. STI.

 

NEUKIM KIMYEVI MADDELER SANAYI VE TICARET A.S.

 

NEUTEC ILAC SANAYI TICARET A.S.

 

NOVITAS ILAC SANAYI TICARET LTD. STI.

 

NOVUS ILAC SANAYI TICARET LTD. STI.

 

NOVUS SIGORTA ARACILIK HIZMETLERI LTD. STI.

 

NUVOMED ILAC SANAYI TICARET A.S.

 

OPTO ILAC SANAYI TICARET LTD. STI.

 

SALUTIS ILAC SANAYI TICARET LTD. STI.

 

ULM ILAC SANAYI TICARET LTD. STI.

 

VITALIS ILAC SANAYI TICARET A.S.

 

BOARD OF DIRECTORS

:

Mahmut Bilgic

Chairman

Ali Bilgic

Vice-Chairman

Muhammed Sina Bilgic

Member

 

OPERATIONS

 

NOTES ON OPERATIONS

:

The firm orders production to contract manufacturers.

 

 

BUSINESS ACTIVITIES

:

Trade of medicine.  

 

The subject orders medicine to be manufactured the in the name of the subject company to contract manufacturers.

 

NACE CODE

:

G .51.46

 

SECTOR

:

Commerce

 

NUMBER OF EMPLOYEES

:

6

 

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.

 

HEAD OFFICE ADDRESS

:

Gungoren Tozkoparan Mah. G. Aliriza Gurcan Cad. Merter Ism. Bagimsiz Bol. 2/6  Istanbul / Turkey

 

 

FINANCE

 

MAIN DEALING BANKS

:

Yapi ve Kredi Bankasi Esentepe 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

 ( 2006 )

11,58 %

1,4309

1,7987

2,6377

 ( 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

 ( 01.01-30.11.2010)

7,47 %

1,5101

2,0050

2,3365

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.44.81

UK Pound

1

Rs.59.81

Euro

1

Rs.69.29

 

 

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%)

 

 

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.