MIRA INFORM REPORT

 

 

Report Date :

29.06.2012

 

IDENTIFICATION DETAILS

 

Name :

AHMET AYDENIZ MALDIVES PVT LTD

 

 

Registered Office :

7Fl M Linkia Shaheedh Ali Hingun, Male

 

 

Country :

Maldives

 

 

Year of Establishment :

2012

 

 

Legal Form :

Private Company with Limited Liability

 

 

Line of Business :

Service provider of Hotel, Entertainment & Recreation

 

 

No. of Employees :

20

 

 

RATING & COMMENTS

 

MIRA’s Rating :

NB

 

RATING

STATUS

PROPOSED CREDIT LINE

----

NB

New Business

----

 

Status :

New Company

Payment Behaviour :

Unknown

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)

Maldives

C1

C1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D


REGISTERED NAME & COMPANY SUMMARY

 

Company Details

Organization Name

:

AHMET AYDENIZ MALDIVES PVT LTD

Address

:

Maguhdhuvaa Island, Gaafu Dhaalu Atoll

Country

:

Maldives

Phone (S)

:

[+960]-6844444

Facsimile

:

[+960]-6845555

Email

:

baris.karakus@ayadamaldives.com

Website

:

http://www.ayadamaldives.com

Primary Business Activity

:

Service

Key Industry

:

Hotel, Entertainment & Recreation

 

Registered Legal Address

:

7Fl M Linkia Shaheedh Ali Hingun, Male

Operational Address

:

Maguhdhuvaa Island, Gaafu Dhaalu Atoll

Trading Name

:

AYADA MALDIVES

Issuing Authority

:

Ministry of Economic Development - National

License Number

:

C-802/2012

License Status

:

License exists - Normal.

Legal Form - Category

:

Private Company with Limited Liability

Legal Form

:

Private Limited

Legal Form - Abbreviation

:

PVT LTD

Operational Status of Business

:

Normal

Date of Registration

:

2012

Employees

:

20

Capital

:

n/a(1)

Note

:

(1) Not applicable.
According to the corporate statutory laws for this type of Legal Form - Category(Private Company with Limited Liability) in Maldives, there is no requirement for Authorized Capital.

 

 

DIRECTORS/MANAGEMENT

 

COMPANY MANAGEMENT

Management Listings

 

Name

Nationality

Job Description

Dept. / Division

1

Mr. Baris Karakus

Maldivian

Director

Finance

Management Details - 1

Personal Unique Identifier

:

MI03157899

Name

:

Mr. Baris Karakus

 

Email

:

baris.karakus@ayadamaldives.com

 

 

SHARE & SHARE CAPITAL INFORMATION

 

Capital

:

n/a(1)

 

 

PAYMENT INFORMATION

 

DOMESTIC SALES & PURCHASES

Annual Sales Analysis

Percentage

Domestic Sales

100%

 


ADDITIONAL INFORMATION

 

Employees

:

20

Report Details

 

 

 

Country

:

Maldives

Business Entity Name

:

AHMET AYDENIZ MALDIVES PVT LTD

Primary Business Activity

:

Service

Primary Industry

:

Hotel, Entertainment & Recreation

Office Contact Details

Operating Address

:

Maguhdhuvaa Island, Gaafu Dhaalu Atoll

Tel

:

[+960]-6844444

Fax

:

[+960]-6845555

Email

:

baris.karakus@ayadamaldives.com

Website Details

Website

:

http://www.ayadamaldives.com

Status

:

Normal - operational

Country of Registration

:

Turkey

Ownership Type

:

Registered ownership by a related third party

 

 

 

Primary Products

Products / Materials / Services Description

Activity

Resort operators

Service

Resorts

Service

SIC PRODUCT CLASSIFICATION & ACTIVITY

Product/Service Description

Code

Activity

Hotels & Other Lodging Places

7000

Service

HARMONIZED PRODUCT CLASSIFICATION & ACTIVITY

Product/Service Description

Code

Activity

Business services, health, financial/insur. legal/real estate, hotels, and misc repairs

9900

Service

 


 

CORE BUSINESS DESCRIPTION

Core Business

The primary business focus of AHMET AYDENIZ MALDIVES PVT LTD is Specialized professional services, including:

Resorts


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.56.92

UK Pound

1

Rs.88.91

Euro

1

Rs.71.25

 

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.