MIRA INFORM REPORT

 

 

Report Date :           

30.01.2012

 

IDENTIFICATION DETAILS

 

Correct Name :

LIKIT KIMYA SANAYI VE TICARET A.S.

 

 

Registered Office :

Kayisdagi Mah. Dudullu Yolu Cad. Parlar Is Mrk No:34 K:1 D:4 34755 Kadikoy Istanbul

 

 

Country :

Turkey

 

 

Date of Incorporation :

02.08.1996

 

 

Com. Reg. No.:

350632

 

 

Legal Form :

Joint Stock Company

 

 

Line of Business :

Wholesale trade of chemicals

 

 

No. of Employees :

115

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Status :

Moderate

Payment Behaviour :

No Complaints

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 – 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

 

 COMPANY IDENTIFICATION

 

NAME

:

LIKIT KIMYA SANAYI VE TICARET A.S.

HEAD OFFICE ADDRESS

:

Kayisdagi Mah. Dudullu Yolu Cad. Parlar Is Mrk No:34 K:1 D:4 34755 Kadikoy Istanbul / Turkey

REMARKS ON HEAD OFFICE ADDRESS

:

The door number was changed from "115" to "34" by the Municipality.

PHONE NUMBER

:

90-216-499 30 00

 

FAX NUMBER

:

90-216-499 30 13

 

 

 

LEGAL STATUS AND HISTORY

 

TAX OFFICE

:

Anadolu Kurumlar

TAX NO

:

6080297086

REGISTRATION NUMBER

:

350632

REGISTERED OFFICE

:

Istanbul Chamber of Commerce

DATE ESTABLISHED

:

02.08.1996

ESTABLISHMENT GAZETTE DATE/NO

:

09.08.1996/4099

LEGAL FORM

:

Joint Stock Company

TYPE OF COMPANY

:

Private

REGISTERED CAPITAL

:

TL   25.000.000

HISTORY

:

Previous Legal Type

:

Limited Company

Changed On

:

01.04.2003 (Commercial Gazette Date /Number 04.04.2003/ 5771)

Previous Name

:

Likit Kimya Sanayi ve Ticaret Ltd. Sti.

Changed On

:

01.04.2003 (Commercial Gazette Date /Number 04.04.2003/ 5771)

Previous Registered Capital

:

TL 5.000.000

Changed On

:

27.12.2007 (Commercial Gazette Date /Number 03.01.2008/ 6969)

Previous Registered Capital

:

TL 10.000.000

Changed On

:

30.06.2010 (Commercial Gazette Date /Number 07.07.2010/ 7601)

Previous Registered Capital

:

TL 14.000.000

Changed On

:

30.09.2011 (Commercial Gazette Date /Number 06.10.2011/ 7915)

 

OWNERSHIP / MANAGEMENT

 

SHAREHOLDERS

:

Ahmet Aksoy

58,75 %

Edibe Surucu

23,75 %

Oya Gulen

15 %

Birsen Yasar

1,50 %

Ayfer Yasar

1 %

 

 

SISTER COMPANIES

:

LENTES DENIZCILIK TURIZM SANAYI VE TICARET LTD.STI.

 

LIKIT LOJISTIK NAKLIYAT TICARET LTD.STI.

 

NATUREL KIMYEVI MADDELER TICARET VE SANAYI LTD.STI.

 

BOARD OF DIRECTORS

:

Ahmet Aksoy

Chairman

Edibe Surucu

Vice-Chairman

Oya Gulen

Member

 

 

OPERATIONS

 

BUSINESS ACTIVITIES

:

Wholesale trade of chemicals.

 

NACE CODE

:

G .51.55

 

SECTOR

:

Commerce

 

 

NUMBER OF EMPLOYEES

:

115

 

NET SALES

:

49.040.950 TL

(2009) 

 

 

REMARKS ON NET SALES

:

The net sales figure of 2009 is declared by the company. There is no certification for this figure. 

 

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 fresh financial data. As the firm’s shares are not open to public it is not obliged to announce its data.

 

IMPORT VALUE

:

33.433.410 USD + 608.700 EUR

(01.01-24.11.2008)

 

 

IMPORT COUNTRIES

:

U.S.A.

Netherlands

Ukraine

China

U.K.

 

MERCHANDISE IMPORTED

:

Chemicals

 

EXPORT VALUE

:

312.737 TL

(2006)

7.858.099 TL

(2007)

3.489.906 TL

(01.01-30.09.2008)

 

 

EXPORT COUNTRIES

:

Iran

Bulgaria

Slovakia

Azerbaijan

Greece

Algeria

Egypt

Lebanon

Pakistan

 

MERCHANDISE  EXPORTED

:

Chemicals

 

HEAD OFFICE ADDRESS

:

Kayisdagi Mah. Dudullu Yolu Cad. Parlar Is Mrk No:34 K:1 D:4 34755 Kadikoy Istanbul / Turkey ( owned )

 

 

BRANCHES

:

Warehouse  :  Yumurtalik Adana/Turkey (rented)

 

Warehouse  :  Marmara Ereglisi Tekirdag/Turkey (owned)

 

Branch Office  :  Kayisdagi Mah. Dudullu Yolu Cad. Parlar Is Mrk No:34 K:2 D:5 34755 Kadikoy Istanbul/Turkey

 

INVESTMENTS

:

None

 

 

FINANCE

 

MAIN DEALING BANKS

:

Anadolubank Umraniye Branch

Garanti Bankasi Imes Branch

Turk Ekonomi Bankasi Icerenkoy Branch

Yapi ve Kredi Bankasi Umraniye Branch

 

PAYMENT BEHAVIOUR

:

No payment delays have come to our knowledge.

 

 

COMMENT ON FINANCIAL POSITION

 

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.

 

 

 

 

Incr. in producers’ price index

 

Average USD/TL

Average EUR/TL

Average GBP/ TL

 ( 2006 )

11,58 %

1,4309

1,7987

2,6377

 ( 2007 )

5,94 %

1,3075

1,7901

2,6133

 ( 01.01-30.09.2008)

11,48 %

1,2146

1,8490

2,3755

 ( 2008 )

8,11 %

1,2858

1,8876

2,3708

 ( 2009 )

5,93 %

1,5460

2,1529

2,4094

 ( 2011 )

13,33 %

1,6797

2,3378

2,6863

 

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.49.65

UK Pound

1

Rs.77.80

Euro

1

Rs.65.05

 

 

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.