MIRA INFORM REPORT

 

 

Report Date :           

24.11.2011

 

IDENTIFICATION DETAILS

 

Name :

OBEN ESARPCILIK TEKSTIL - OMER TAS

 

 

Registered Office :

Ucuzluk Pazari Sisli Sok. Ozdiker Pasaji Kat:2 No:22 Sanliurfa

 

 

Country :

Turkey

 

 

Date of Incorporation :

20.09.2007

 

 

Com. Reg. No.:

9144

 

 

Legal Form :

Sole Proprietorship

 

 

Line of Business :

trade of textile products such as scarves

 

 

No. of Employees :

Not Available

 

RATING & COMMENTS

 

MIRA’s Rating :

Ca

 

RATING

STATUS

PROPOSED CREDIT LINE

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

 

Status :

Moderate

 

 

Payment Behaviour

Unknown

 

 

Litigation :

---

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

 

Country Name

Previous Rating

                   (30.06.2011)                  

Current Rating

(30.09.2011)

Turkey

b1

b1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 

REMARKS

:

The full name of the firm was missing at your inquiry. According to Commercial Registry, there is only one company whose name starts with "OBEN ESARPCILIK TEKSTIL" and the registered full name of the firm is "OBEN ESARPCILIK TEKSTIL - OMER TAS" which is a sole-proprietorship whose registered address is "Ucuzluk Pazari Sisli Sok. Ozdiker Pasaji Kat:2 No:22 - Sanliurfa/ Turkey" according to commercial registry.

 

However we are unable to interview the subject company, as the phone and fax numbers and other related sources are not available to contact with the firm or the shareholders’ correct numbers are not listed at any directories or registry. So, please find the below provided report prepared depending mainly on the information obtained from Commercial Registry.

 

NOTES

:

Address is different from the address at your inquiry.

 

 

 

COMPANY IDENTIFICATION

 

NAME

:

OBEN ESARPCILIK TEKSTIL - OMER TAS

HEAD OFFICE ADDRESS

:

Ucuzluk Pazari Sisli Sok. Ozdiker Pasaji Kat:2 No:22 Sanliurfa / Turkey

REMARKS ON HEAD OFFICE ADDRESS

:

We are unable to interview  the subject company, as the phone and fax numbers at various sources related to the subject do not belong to the firm and neither the firm’s nor the shareholders’ correct numbers are listed at any directories or registry.

 

               

LEGAL STATUS AND HISTORY

                       

NOTES ON LEGAL STATUS AND HISTORY

 

 

:

Liability of the subject is not limited to the capital.

REGISTRATION NUMBER

:

9144

REGISTERED OFFICE

:

Sanliurfa Chamber of Commerce and Industry

DATE ESTABLISHED

:

20.09.2007

ESTABLISHMENT GAZETTE DATE/NO

:

02.10.2007/6907

LEGAL FORM

:

Sole-Proprietorship

TYPE OF COMPANY

:

Private

 

OWNERSHIP / MANAGEMENT

 

SHAREHOLDERS

:

Omer Tas

100 %

 

 

DIRECTORS

:

Omer Tas

 

 

 

OPERATIONS

 

BUSINESS ACTIVITIES

:

According to Commercial Registry the business line of the firm is trade of textile products such as scarves. But the current activity of the firm is not known as we are unable to interview the subject company as the phone numbers of the firm or the shareholders are not listed at any directories.

 

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 we are unable to interview the company and get 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

:

Registered Head Office  :  Ucuzluk Pazari Sisli Sok. Ozdiker Pasaji Kat:2 No:22 Sanliurfa/Turkey

 

 

 

FINANCE

 

PAYMENT BEHAVIOUR

:

No payment delays have come to our knowledge.

 

 

 

 

Incr. in producers’ price index

 

Average USD/TL

Average EUR/TL

Average GBP/ TL

 ( 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

 ( 2010 )

8,87 %

1,5128

2,0096

2,3410

 ( 01.01-31.10.2011)

11,48 %

1,6444

2,3157

2,6459

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.52.10

UK Pound

1

Rs.81.30

Euro

1

Rs.70.07

 

 

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.