MIRA INFORM REPORT

 

 

Report Date :

11.06.2012

 

IDENTIFICATION DETAILS

 

Name :

MS MOTOR SERVICE ISTANBUL DIS TICARET VE PAZARLAMA A.S.

 

 

Formerly Known As :

Kolbenschmidt Istanbul Dis Ticaret ve Pazarlama A.S.

 

 

Registered Office :

Buyukdere Cad. Noramin Is Merkezi Kat:1/111-112 Maslak  Istanbul

 

 

Country :

Turkey

 

 

Date of Incorporation :

15.01.1996

 

 

Com. Reg. No.:

341667

 

 

Legal Form :

Joint Stock Company

 

 

Line of Business :

Wholesale trade of automotive spare parts

 

 

No. of Employees :

24

 

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 – March 31st, 2012

 

Country Name

Previous Rating

(31.12.2011)

Current Rating

(31.03.2012)

Turkey

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 


COMPANY IDENTIFICATION

 

NAME

:

MS MOTOR SERVICE ISTANBUL DIS TICARET VE PAZARLAMA A.S.

HEAD OFFICE ADDRESS

:

Buyukdere Cad. Noramin Is Merkezi Kat:1/111-112 Maslak  Istanbul / Turkey

PHONE NUMBER

:

90-212-285 42 65 (Head Office)

90-212-786 62 82 (Warehouse)

 

FAX NUMBER

:

90-212-285 42 68 (Head Office)

 

WEB-ADDRESS

:

www.ms-motor-service.com.tr

E-MAIL

:

info@tr.kspg.com

 

 

LEGAL STATUS AND HISTORY

 

TAX OFFICE

:

Maslak 

TAX NO

:

5750053489

REGISTRATION NUMBER

:

341667

REGISTERED OFFICE

:

Istanbul Chamber of Commerce

DATE ESTABLISHED

:

15.01.1996

ESTABLISHMENT GAZETTE DATE/NO

:

22.01.1996/3962

LEGAL FORM

:

Joint Stock Company

TYPE OF COMPANY

:

Private

REGISTERED CAPITAL

:

TL   2.007.400

PAID-IN CAPITAL

:

TL   2.007.400

HISTORY

:

Previous Name

:

Kolbenschmidt Istanbul Dis Ticaret ve Pazarlama A.S.

Changed On

:

26.12.2007 (Commercial Gazette Date /Number 01.01.2008/ 6968)

 

 

OWNERSHIP / MANAGEMENT

 

SHAREHOLDERS

:

MS Motor Service International GmbH

51 %

Ahmet Demiroren

 

Erdogan Demiroren

 

Parsat Piston Dagitim Ticaret ve Sanayi A.S.

 

Huseyin Bilgin Demiroren

 

Others

 

 

 

REMARKS ON SHAREHOLDERS

:

We are informed that the shareholder "MS Motor Service International GmbH" is a foreign company located in Germany.

 

GROUP PARENT COMPANY

:

DEMIROREN HOLDING A.S.

 

SISTER COMPANIES

:

ARSIMIDIS MUESSESESI OTOMOBIL MALZEMELERI TICARET TURK A.S.

ATA EGITIM TICARET A.S.

AZIM PETROL TICARET VE SANAYI A.S.

BAGIMSIZ GAZETECILER YAYINCILIK A.S.

CAKSAN CAKMAK SANAYII VE TICARET A.S.

CEMAL AKARYAKIT SANAYI VE TICARET A.S.

D MERMER SANAYI A.S.

DEMIROREN AGIR METAL SANAYI A.S.

DEMIROREN EGL ENERJI TOPTAN TICARET A.S.

DEMIROREN EGL GAZ TOPTAN TICARET A.S.

DEMIROREN ENERJI MADENCILIK SANAYI VE TICARET A.S.

DEMIROREN GAYRIMENKUL PROJE VE YONETIMI TICARET VE SANAYI A.S.

DEMIROREN HOLDING A.S.

DEMIROREN JEOTERMAL ENERJI SANAYI VE TICARETA.S.

DEMIROREN OTOMOTIV PARCALARI TICARET VE SANAYI A.S.

ESKIDJI INSAAT VE TICARET A.S.

ESTAS EV CIHAZLARI SANAYI VE TICARET A.S.

EVSUN EV ALETLERI TICARET VE SANAYI A.S.

GEPA GIDA MADDELERI PAZARLAMA A.S.

GK MADENCILIK NAKLIYAT SANAYI VE TICARET A.S.

GOLF SPOR FAALIYETLERI VE TURIZM YATIRIMLARI A.S.

GUNES GAZ ULUSLARARASI NAKLIYAT TICARET VE SANAYI A.S.

ISTANBUL UMUM SIGORTA A.S.

KAAN AKARYAKIT SANAYI VE TICARET A.S.

KEMER GAYRIMENKUL VE TURIZM YATIRIMLARI A.S.

KEMER YAPI VE TURIZM A.S.

KEMER YAYINCILIK PAZARLAMA SANAYI VE TICARET A.S.

KG MADENCILIK TURIZM INSAAT SANAYI VE TICARET A.S.

KGCC OTELCILIK VE SPOR ISLETMELERI TICARET SANAYI A.S.

KGCC TURIZM ISLETMELERI YAPI SANAYI VE TICARET A.S.

KOLAYLIK OTO TICARET VE SANAYI A.S.

LIKITGAZ DAGITIM VE ENDUSTRI A.S.

MAKRO ENERJI YATIRIM VE YONETIM A.S.

MARMARA GIDA DEMIROREN HAM YAG SANAYI A.S.

MILAN PETROL SANAYI VE TICARET A.S.

MILANGAZ LNG ILETIM TICARET VE SANAYI A.S.

MILANGAZ LNG TOPTAN SATIS TICARET VE SANAYI A.S.

MILANGAZ LPG DAGITIM TICARET VE SANAYI A.S.

MILANGAZ PETROL TICARET VE SANAYI A.S.

MILLIYET GAZETECILIK VE YAYINCILIK A.S.

OREN ANKARA SUPER MARKETCILIK VE TICARET A.S.

OTO KOLAYLIK TICARET VE SANAYI A.S.

PARSAT PISTON DAGITIM TICARET VE SANAYI A.S.

SU-TUR SUN TURIZM SANAYI A.S.

TAKSIM GAYRIMEKUL YATIRIMI GELISTIRME VE ISLETMECILIK A.S.

VATAN GAZETECILIK A.S.

YELDA AKARYAKIT SANAYI VE TICARET A.S.

 

BOARD OF DIRECTORS

:

Hansjorg Rolle

Chairman

Rafet Mut

Member

Huseyin Bilgin Demiroren

Member

 

 

OPERATIONS

 

BUSINESS ACTIVITIES

:

Wholesale trade of automotive spare parts.

 

NACE CODE

:

G .50.30

 

SECTOR

:

Commerce

 

NUMBER OF EMPLOYEES

:

24

 

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.

 

 

CAPACITY

:

None

 

PRODUCTION

:

None

 

HEAD OFFICE ADDRESS

:

Buyukdere Cad. Noramin Is Merkezi Kat:1/111-112 Maslak  Istanbul / Turkey

 

BRANCHES

:

Warehouse  :  Istanbul Trakya Serbest Bolgesi Gonca Sok. 5-8 Blok. Kat:2 No:2-3-4 Catalca Istanbul/Turkey (rented)

 

Warehouse  :  Universite Mah. Firuzkoy Cad.Sarigul Sok. No:14 Avcılar Istanbul/Turkey (rented)

 

INVESTMENTS

:

None

 

 

 


FINANCE

 

MAIN DEALING BANKS

:

Yapi ve Kredi Bankasi Maslak 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

 ( 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

 ( 2011 )

13,33 %

1,6797

2,3378

2,6863

 ( 01.01-30.04.2012)

0,73 %

1,7910

2,3688

2,8440

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.55.36

UK Pound

1

Rs.85.64

Euro

1

Rs.69.21

 

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%)

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.