MIRA INFORM REPORT

 

 

Report Date :

19.01.2011

 

IDENTIFICATION DETAILS

 

Correct Name :

OLIMPOS PROMOSYON VE DIS TICARET LTD. STI.

 

 

Registered Office :

Gayrettepe Yildiz Posta Cad. Akin Sitesi B Blok No: 8 D. 32 Besiktas  Istanbul

 

 

Country :

Turkey

 

 

Date of Incorporation :

08.10.2010

 

 

Com. Reg. No.:

750026

 

 

Legal Form :

Limited Company

 

 

Line of Business :

Trade of promotional products

 

RATING & COMMENTS

 

MIRA’s Rating :

NB

 

RATING

STATUS

PROPOSED CREDIT LINE

----

NB

New Business

----

 

Status :

New Company

 

 

Payment Behaviour :

Unknown

 

 

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

 

COMPANY IDENTIFICATION

 

NAME

:

OLIMPOS PROMOSYON VE DIS TICARET LTD. STI.

HEAD OFFICE ADDRESS

:

Gayrettepe Yildiz Posta Cad. Akin Sitesi B Blok No: 8 D. 32 Besiktas  Istanbul / Turkey

PHONE NUMBER

:

90-212-288 48 80

 

FAX NUMBER

:

90-212-288 48 35

 

 

 

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

:

Mecidiyekoy

TAX NO

:

6410313201

REGISTRATION NUMBER

:

750026

REGISTERED OFFICE

:

Istanbul Chamber of Commerce

DATE ESTABLISHED

:

08.10.2010

ESTABLISHMENT GAZETTE DATE/NO

:

14.10.2010/7669

LEGAL FORM

:

Limited Company

TYPE OF COMPANY

:

Private

REGISTERED CAPITAL

:

TL   100.000

PAID-IN CAPITAL

:

TL   36.950

 

 

OWNERSHIP / MANAGEMENT

 

SHAREHOLDERS

:

Muge Ozkorkut

45 %

Cem Berik

45 %

Seda Dilli

10 %

 

 

DIRECTORS

:

Cem Berik

 

Muge Ozkorkut

 

Seda Dilli

 

 

 

 

OPERATIONS

 

BUSINESS ACTIVITIES

:

Trade of promotional products.

 

SECTOR

:

Commerce

 

NUMBER OF EMPLOYEES

:

1

 

NET SALES

:

57.000 TL

(08.10-31.12.2010) 

 

 

REMARKS ON NET SALES

:

The net sales figure of 08.10.-31.12.2010 is declared by the company. There is no certification for this figure.

 

IMPORT COUNTRIES

:

Germany

Far East Countries

 

MERCHANDISE IMPORTED

:

Pen

 

HEAD OFFICE ADDRESS

:

Gayrettepe Yildiz Posta Cad. Akin Sitesi B Blok No: 8 D. 32 Besiktas  Istanbul / Turkey

 

INVESTMENTS

:

None

 

 

TREND OF BUSINESS

:

Undetermined; young business.

 

 

FINANCE

 

MAIN DEALING BANKS

:

Garanti Bankasi Harbiye Branch

T. Is Bankasi Sariyer Branch

 

PAYMENT BEHAVIOUR

:

No payment delays have come to our knowledge.

 

 

 

CREDIT OPINION WITHOUT OBLIGATION

 

CREDIT OPINION WITHOUT OBLIGATION

 

:

In view of the lack of detailed financial data, we have no basis to talk about a business relation without security.

 

 

Incr. in producers’ price index

 

Average USD/TL

Average EUR/TL

Average GBP/ TL

 ( 2010 )

8,87 %

1,5128

2,0096

2,3410

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.45.53

UK Pound

1

Rs.72.56

Euro

1

Rs.60.62

 

 

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.