MIRA INFORM REPORT
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Report Date : |
04.05.2011 |
IDENTIFICATION DETAILS
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Name : |
REDOKS KIMYA ENDUSTRI TICARET LTD. STI. |
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Registered Office : |
Cemal Nadir Cad. Zafer Meydani Saritas Is Merkezi Kat: 5 Merkez Bursa |
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Country : |
Turkey |
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Date of Incorporation : |
10.06.1991 |
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Com. Reg. No.: |
30491 |
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Legal Form : |
Limited Company |
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Line of Business : |
Trade of textile dye |
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 – December 31, 2010
|
Country Name |
Previous Rating (30.09.2010) |
Current Rating (31.12.2010) |
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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 |
: |
REDOKS KIMYA ENDUSTRI TICARET LTD. STI. |
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HEAD OFFICE ADDRESS |
: |
Cemal Nadir Cad. Zafer Meydani Saritas Is Merkezi Kat: 5 Merkez Bursa
/ Turkey |
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PHONE NUMBER |
: |
90-224-215 32 32(Warehouse) 90-224-220 94 75(Head Office) |
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FAX NUMBER |
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90-224-215 32 11(Warehouse) 90-224-223 41 74(Head Office) |
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WEB-ADDRESS |
: |
www.redokskimya.com.tr |
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E-MAIL |
: |
redokskimya@redokskimya.com.tr |
LEGAL STATUS AND HISTORY
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REGISTRATION NUMBER |
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30491 |
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REGISTERED OFFICE |
: |
Bursa Chamber of Commerce and Industry |
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DATE ESTABLISHED |
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10.06.1991 |
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LEGAL FORM |
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Limited Company |
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TYPE OF COMPANY |
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Private |
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REGISTERED CAPITAL |
: |
TL 500.000 |
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HISTORY |
: |
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OWNERSHIP / MANAGEMENT
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SHAREHOLDERS |
: |
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SISTER COMPANIES |
: |
BERKOM TELEKOMUNIKASYON TURIZM ELEKTRONIK SANAYI VE TICARET LTD. STI. |
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DIRECTORS |
: |
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OPERATIONS
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BUSINESS ACTIVITIES |
: |
Trade of textile dye. |
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NACE CODE |
: |
G .51.55 |
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SECTOR |
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Commerce |
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REPRESENTATIVE OF |
: |
Meghmani (India) |
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TRADEMARKS TRADED |
: |
Iyoacryl Iyoasit Iyopers Iyozol |
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NUMBER OF EMPLOYEES |
: |
3 |
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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. |
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CAPACITY |
: |
None |
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PRODUCTION |
: |
None |
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HEAD OFFICE ADDRESS |
: |
Cemal Nadir Cad. Zafer Meydani Saritas Is Merkezi Kat: 5 Merkez Bursa
/ Turkey |
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BRANCHES |
: |
Warehouse : Altinova Mah. Sulu Sok. No: 7 Kucukbalikli
Bursa/Turkey |
FINANCE
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MAIN DEALING BANKS |
: |
Asya Katilim Bankasi Bursa Branch Turkiye Finans Katilim Bankasi Bursa Branch |
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PAYMENT BEHAVIOUR |
: |
No payment delays have come to our knowledge. |
COMMENT ON FINANCIAL POSITION
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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. |
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|
Incr. in producers’ price index |
Average USD/TL |
Average EUR/TL |
Average GBP/ TL |
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( 2007 ) |
5,94 % |
1,3075 |
1,7901 |
2,6133 |
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( 2008 ) |
8,11 % |
1,2858 |
1,8876 |
2,3708 |
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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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( 01.01-30.04.2011) |
6,04 % |
1,5645 |
2,1852 |
2,5128 |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
|
US Dollar |
1 |
Rs.44.34 |
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UK Pound |
1 |
Rs.73.70 |
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Euro |
1 |
Rs.65.75 |
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.