MIRA INFORM REPORT
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Report Date : |
06.04.2012 |
IDENTIFICATION DETAILS
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Name : |
AKJUT CUVAL SANAYI VE TICARET LTD. STI. |
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Registered Office : |
Kurukopru Mahallesi 33008 Sokak No:11/B Seyhan Adana |
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Country : |
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Date of Incorporation : |
28.12.1990 |
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Com. Reg. No.: |
23740 |
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Legal Form : |
Limited Company |
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Line of Business : |
Subject was dealing with trade of gunny bag |
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No. of Employees
: |
Not Available |
RATING & COMMENTS
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MIRA’s Rating : |
C |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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Status : |
Stopped Active Operation |
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Payment
Behaviour : |
Unknown |
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Litigation : |
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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
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Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
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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 |
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NAME |
: |
AKJUT CUVAL SANAYI VE TICARET LTD. STI. |
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HEAD OFFICE ADDRESS |
: |
Kurukopru Mahallesi 33008 Sokak No:11/B Seyhan Adana / Turkey |
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REMARKS ON HEAD OFFICE ADDRESS |
: |
The address was changed from "Kurukopru Mahallesi 14 Sokak No:13
Seyhan-Adana" to "Kurukopru Mahallesi 33008 Sokak No:11/B
Seyhan" by the Municipality. |
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PHONE NUMBER |
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90-322-351 32 69 |
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FAX NUMBER |
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90-322-359 21 76 |
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REGISTRATION NUMBER |
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23740 |
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REGISTERED OFFICE |
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Adana Chamber of Commerce |
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DATE ESTABLISHED |
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28.12.1990 |
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ESTABLISHMENT GAZETTE DATE/NO |
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14.01.1991/2693 |
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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 |
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TL 25.000 |
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HISTORY |
: |
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SHAREHOLDERS |
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DIRECTORS |
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NOTES ON
OPERATIONS |
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Stopped active
operation. |
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BUSINESS ACTIVITIES |
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The subject which was dealing with trade of gunny bag has declared
that, it stopped active operation 6 months ago. |
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NUMBER OF EMPLOYEES |
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0 |
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REMARKS ON NUMBER OF EMPLOYEES |
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As the subject stopped active operation 6 months ago, it has no
employees. |
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REMARKS ON NET SALES |
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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. It has to be noted that, the subject stopped active operation 6 months
ago. |
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HEAD OFFICE ADDRESS |
: |
Kurukopru Mahallesi 33008 Sokak No:11/B Seyhan Adana / Turkey |
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PAYMENT BEHAVIOUR |
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No payment delays have come to our knowledge. |
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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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( 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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( 2011 ) |
13,33 % |
1,6797 |
2,3378 |
2,6863 |
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( 01.01-31.03.2012) |
0,65 % |
1,7995 |
2,3799 |
2,8402 |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.51.05 |
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UK Pound |
1 |
Rs.81.09 |
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Euro |
1 |
Rs.67.39 |
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.