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Report Date : |
14.08.2012 |
IDENTIFICATION DETAILS
|
Correct Name : |
UCUZLUK PAZARIM YAVUZ MIRZA |
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Registered Office : |
17. Yol Sokak Istoc 16. Ada No:78/80/82/84 Bagcilar Istanbul |
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Country : |
Turkey |
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Financials (as on) : |
30.06.2012 |
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Date of Incorporation : |
31.05.2011 |
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Com. Reg. No.: |
779153 |
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Legal Form : |
Sole-Proprietorship |
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Line of Business : |
Wholesale trade of glassware products. |
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No. of Employees : |
02 |
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 |
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Status : |
Moderate |
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Payment Behaviour : |
Slow |
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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 – March 31st, 2012
|
Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
|
Turkey |
B1 |
B1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
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Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
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NAME |
: |
UCUZLUK PAZARIM YAVUZ MIRZA |
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HEAD OFFICE ADDRESS |
: |
17. Yol Sokak Istoc 16. Ada No:78/80/82/84 Bagcilar Istanbul / Turkey |
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PHONE NUMBER |
: |
90-212-659 63 23 |
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FAX NUMBER |
: |
90-212-659 63 23 |
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NOTES ON LEGAL
STATUS AND HISTORY |
: |
Liability of
the subject is not limited to the capital. |
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TAX OFFICE |
: |
Gunesli |
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TAX NO |
: |
37501648868 |
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REGISTRATION NUMBER |
: |
779153 |
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REGISTERED OFFICE |
: |
Istanbul Chamber of Commerce |
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DATE ESTABLISHED |
: |
31.05.2011 |
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ESTABLISHMENT GAZETTE DATE/NO |
: |
06.06.2011/7830 |
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LEGAL FORM |
: |
Sole-Proprietorship |
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TYPE OF COMPANY |
: |
Private |
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SHAREHOLDERS |
: |
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||||
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REMARKS ON SHAREHOLDERS |
: |
The owner, Yavuz Mirza
was born in 1985 and graduated from university. |
||||
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SISTER COMPANIES |
: |
MIRKON OTEL EKIPMANLARI ZUCCACIYE ELEKTRONIK INSAAT ITHALAT IHRACAT
SANAYI VE TICARET LTD. STI. |
||||
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DIRECTORS |
: |
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BUSINESS ACTIVITIES |
: |
Wholesale trade of glassware products. |
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NACE CODE |
: |
G .51.47 |
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SECTOR |
: |
Commerce |
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NUMBER OF EMPLOYEES |
: |
2 |
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NET SALES |
: |
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CAPACITY |
: |
None |
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PRODUCTION |
: |
None |
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IMPORT VALUE |
: |
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EXPORT COUNTRIES |
: |
Nigeria |
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MERCHANDISE EXPORTED |
: |
Glassware products |
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HEAD OFFICE ADDRESS |
: |
17. Yol Sokak Istoc 16. Ada No:78/80/82/84 Bagcilar Istanbul / Turkey |
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INVESTMENTS |
: |
None |
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TREND OF
BUSINESS |
: |
Undetermined;
young business. |
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MAIN DEALING BANKS |
: |
Yapi ve Kredi Bankasi Aysekadin Branch |
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PAYMENT BEHAVIOUR |
: |
No payment delays have come to our knowledge. |
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KEY FINANCIAL ELEMENTS |
: |
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General
Financial Position |
Unsatisfactory |
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|
Incr. in producers’ price index |
Average USD/TL |
Average EUR/TL |
Average GBP/ TL |
|
( 2011 ) |
13,33 % |
1,6797 |
2,3378 |
2,6863 |
|
( 01.01-30.06.2012) |
1,95 % |
1,8028 |
2,3463 |
2,8462 |
|
( 01.01-31.07.2012) |
1,71 % |
1,8018 |
2,3285 |
2,8424 |
|
|
(31.05-31.12.2011)
TL |
|
(01.01-30.06.2012)
TL |
|
|
Net Sales |
94.632 |
1,00 |
157.607 |
1,00 |
|
Cost of Goods
Sold |
77.064 |
0,81 |
117.980 |
0,75 |
|
Gross Profit |
17.568 |
0,19 |
39.627 |
0,25 |
|
Operating
Expenses |
56.385 |
0,60 |
50.015 |
0,32 |
|
Operating Profit |
-38.817 |
-0,41 |
-10.388 |
-0,07 |
|
Other Income |
0 |
0,00 |
66 |
0,00 |
|
Other Expenses |
0 |
0,00 |
0 |
0,00 |
|
Financial
Expenses |
0 |
0,00 |
350 |
0,00 |
|
Minority
Interests |
0 |
0,00 |
0 |
0,00 |
|
Profit (loss) of
consolidated firms |
0 |
0,00 |
0 |
0,00 |
|
Profit (loss)
Before Tax |
-38.817 |
-0,41 |
-10.672 |
-0,07 |
|
Tax Payable |
0 |
0,00 |
0 |
0,00 |
|
Postponed Tax
Gain |
0 |
0,00 |
0 |
0,00 |
|
Net Profit
(loss) |
-38.817 |
-0,41 |
-10.672 |
-0,07 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.42 |
|
UK Pound |
1 |
Rs.86.78 |
|
Euro |
1 |
Rs.68.03 |
INFORMATION DETAILS
|
Report Prepared
by : |
MNL |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.