MIRA INFORM REPORT

 

 

Report Date :

28.01.2011

 

IDENTIFICATION DETAILS

 

Correct Name :

DESSYLAS MAKIS & CO L.T.D.  

 

 

Registered Office :

8 Petrou Ralli Street, Rouf, 11855 Athens, Attika, Greece

 

 

Country :

Greece

 

 

Date of Incorporation :

21.03.2001

 

 

Com. Reg. No.:

1703/03,21,2001

 

 

Legal Form :

Limited Liablity Company       

 

 

Line of Business :

Wholesales Packaged Frozen Goods

 

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Maximum Credit Limit :

USD 85,282

 

 

Status :

Moderate

 

 

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)

Greece

A2

A2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

COMPANY NAME

 

DESSYLAS MAKIS & CO L.T.D.  

Icon no: 189271

 

 

IDENTIFICATION DETAILS

      

NAME:                           DESSYLAS MAKIS & CO L.T.D.  

 

ADDRESS:                    8 PETROU RALLI STREET

                                     ROUF

                                     11855 ATHENS

                                     ATTIKA

                                     GREECE

 

TELEPHONE:                 30  2103478192

                                     30  2103459222

                                     30  2103465777

                                     30  6944567777

TELEFAX:                      30  2103413335

E-MAIL ADDRESS:        kikidesyllas@yahoo.gr

 

ANY AMOUNTS HEREAFTER ARE IN EURO UNLESS OTHERWISE STATED

 

 

COMPANY SUMMARY

 

STARTED:         2001                                                  SALES:                                 2,900,000

YEAR INC:        2001                                                  NOM CAPITAL:             149,400

LEGAL FORM: LIMITED LIABLITY COMPANY        ISS CAPITAL:                  149,400

GOVT GAZ NO: 1703/03,21,2001

EMPLOYS:    10

SIC:                5142

ACTIVITY:   WHOLESALES PACKAGED FROZEN GOODS

 

 

SENIOR COMPANY PERSONNEL

 

GERASIMOS DESYLLAS

administrator

 

NIKOLAOS PAHYLAS

partner

 

VASILIKI DESYLLA-PAHYLA

partner

 

NAME: GERASIMOS DESYLLAS

Nationality: Greek

 

NAME: NIKOLAOS PAHYLAS

Nationality: Greek

Profession: ENTREPRENEUR.

 

NAME: VASILIKI DESYLLA-PAHYLA

Nationality: Greek

Profession: ENTREPRENEUR.

  

 

WORKFORCE

 

EMPLOYS: 10

 

 

PAYMENTS

 

Non Retrievable

 

 

RATINGS

 

CONDITION:                       FAIR

AVG CREDIT (USD):           85,282

PAYMENTS:                       UNDETERMINED

 

A Financial Strength of USD 175,000 - 345,000 (based on Issued Capital) and an Overall Condition which is Fair (slightly greater than average risk).

 

 

BANKERS

 

Non Retrievable

 

 

FINANCIALS

 

The below mentioned financial figures are in Euro

 

On Sep 28, 2009 subject submitted the following estimates:

Sales for the 12 month period ending Dec 31, 2008 were 2,900,000.

 

 

LEGAL STATUS

 

LEGAL FORM

 

Limited liablity company registered on Mar 21, 2001 in ATHENS for a period ending Mar 21, 2021.

 

Government Gazette Number: 1703/03,21,2001

 

Tax Registration Number: 099013790

 

 

CAPITAL DETAILS

 

Nominal capital: 149,400 Euro. Issued capital: 149,400 Euro.

 

Issued/paid-up capital was last increased on Mar 29, 2006.

 

Nominal capital is divided into: 1,660 shares of 90.00 each.

 

 

SHAREHOLDERS

 

DESYLLA-PAHYLA VASILIKI GERASIMOS holds 95.00% of the voting capital.

PAHYLAS NIKOLAOS STYLIANOS holds 5.00% of the voting capital.

 

 

LINKED COMPANIES

 

Non Retrievable

 

 

ACTIVITIES

 

Wholesales packaged frozen goods

Trade of frozen foods (fish products mainly)

Territory: 100% National

 

 

IMPORTS

 

Imports from India, Spain, Morocco, New Zealand, France, Oman

Normal importing terms are 90 days

Normal importing terms are open account

 

 

EXPORTS

 

Subject does not export.

 

 

PREMISES / REAL ESTATE

 

Operates from office, at heading address.

 

REGISTERED OFFICE: 8 Petrou Ralli street, 11855 ATHENS, ATTIKA.

 

 

BRANCHES

 

Non Retrievable

 

 

GENERAL COMMENTS 

 

BACKGROUND

Business started Mar 21, 2001.

 

Mrs Desylla confirmed general details in this report.

 

Local informants stated that:

The subject is also known as DESSYLAS MAKIS AND PARTNERS LIMITED. No balance sheet has been published since 2003. In 2006 (Government Gazette 2156/2006),in subject's main line of business was added the trade and the distribution of beverages, soft-drinks, mineral water, etc.

 

Pachylas Nicolaos has been participating in: PACHYLAS S. & SONS S.A., started in 1986 (Gov.Gaz.900/1986),at 288,Kifissias avenue, Chalandri, Athens, trade of tires for motor-cars (VAT No 094159137) and EPISOTRO LTD, started in 1995 (Gov.Gaz.14784/1995),at 47,Kalogrezis street, Chalandri,  Athens, trade of tires for motor-cars.

 Its principals were not available to confirm the existed data.

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.45.57

UK Pound

1

Rs.72.50

Euro

1

Rs.62.46

 

 

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.