|
Report Date : |
26.04.2014 |
IDENTIFICATION DETAILS
|
Name : |
KALTEK ISKELE VE
KALIP AKSESUARLARI FERRUH YILDIZ |
|
|
|
|
Registered Office : |
Tormak Sanayi Sitesi G Blok No: 14/C Ikitelli Istanbul |
|
|
|
|
Country : |
Turkey |
|
|
|
|
Year of Establishment : |
2014 |
|
|
|
|
Com. Reg. No.: |
Not Available |
|
|
|
|
Legal Form : |
Sole-Proprietorship |
|
|
|
|
Line of Business : |
Subject will deal with trade of hammered bolt Note: Subject
has been established but active operation hasn’t started yet. |
|
|
|
|
No of Employees : |
Not
Available |
RATING & COMMENTS
|
MIRA’s Rating : |
NB |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
-- |
NB |
New Business |
-- |
|
Status : |
New Business |
|
|
|
|
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 31, 2014
|
Country Name |
Previous Rating (31.12.2013) |
Current Rating (31.03.2014) |
|
Turkey |
B1 |
B1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low Risk |
A2 |
|
Moderate Low Risk |
B1 |
|
Moderate Risk |
B2 |
|
Moderate High Risk |
C1 |
|
High Risk |
C2 |
|
Very High Risk |
D |
Turkey ECONOMIC OVERVIEW
Turkey's largely free-market economy is increasingly driven by its industry and service sectors, although its traditional agriculture sector still accounts for about 25% of employment. An aggressive privatization program has reduced state involvement in basic industry, banking, transport, and communication, and an emerging cadre of middle-class entrepreneurs is adding dynamism to the economy and expanding production beyond the traditional textiles and clothing sectors. The automotive, construction, and electronics industries, are rising in importance and have surpassed textiles within Turkey's export mix. Oil began to flow through the Baku-Tbilisi-Ceyhan pipeline in May 2006, marking a major milestone that will bring up to 1 million barrels per day from the Caspian to market. Several gas pipelines projects also are moving forward to help transport Central Asian gas to Europe through Turkey, which over the long term will help address Turkey's dependence on imported oil and gas to meet 97% of its energy needs. After Turkey experienced a severe financial crisis in 2001, Ankara adopted financial and fiscal reforms as part of an IMF program. The reforms strengthened the country's economic fundamentals and ushered in an era of strong growth - averaging more than 6% annually until 2008. Global economic conditions and tighter fiscal policy caused GDP to contract in 2009, but Turkey's well-regulated financial markets and banking system helped the country weather the global financial crisis and GDP rebounded strongly to around 9% in 2010-11, as exports returned to normal levels following the recession. Growth dropped to roughly 3% in 2012-13. Turkey's public sector debt to GDP ratio has fallen below 40%, and at least one rating agency upgraded Turkey's debt to investment grade in 2012. Turkey remains dependent on often volatile, short-term investment to finance its large trade deficit. The stock value of FDI reached nearly $195 billion at year-end 2013, reflecting Turkey's good growth even in the face of economic turmoil in Europe, the source of much of Turkey's FDI. Turkey's relatively high current account deficit, uncertainty related to monetary policy-making, and political turmoil within Turkey's neighborhood leave the economy vulnerable to destabilizing shifts in investor confidence.
|
Source : CIA |
COMPANY
IDENTIFICATION
|
|
|
||
|
NAME |
: |
KALTEK ISKELE VE KALIP AKSESUARLARI FERRUH YILDIZ |
|
HEAD OFFICE ADDRESS |
: |
Tormak Sanayi Sitesi G Blok No: 14/C Ikitelli Istanbul / Turkey |
|
PHONE NUMBER |
: |
90-212-485 18 27 |
|
FAX NUMBER |
: |
90-212-485 26 09 |
LEGAL
STATUS AND HISTORY
|
|
|
||
|
NOTES
ON LEGAL STATUS AND HISTORY |
: |
As
the subject is not obliged to be registered at commercial registry due to its
legal form, it has not registered at Commercial Registry. Liability
of the subject is not limited to the capital. |
|
TAX OFFICE |
: |
Ikitelli |
|
TAX NO |
: |
43291931912 |
|
DATE ESTABLISHED |
: |
2014 |
|
REMARKS ON DATE ESTABLISHED |
: |
The subject sole-proprietorship is declared to be established in 2014.
As the sole-proprietorships are not obliged to be registered at commercial
registry, it has not registered at commercial registry. |
|
LEGAL FORM |
: |
Sole-Proprietorship |
|
TYPE OF COMPANY |
: |
Private |
OWNERSHIP
/ MANAGEMENT
|
|
|
||||||
|
SHAREHOLDERS |
: |
|
||||
|
SISTER COMPANIES |
: |
YILDIZ DOVME CIVATA IMALAT SANAYI VE TICARET LTD. STI. |
||||
|
DIRECTORS |
: |
|
||||
OPERATIONS
|
|
|
||
|
NOTES
ON OPERATIONS |
: |
Established
but active operation hasn’t started yet.. |
|
BUSINESS ACTIVITIES |
: |
The firm which was established in 2014 to deal with trade of hammered
bolt has declared that, it has not made out any invoice yet. |
|
NUMBER OF EMPLOYEES |
: |
0 |
|
REMARKS ON NUMBER OF EMPLOYEES |
: |
The firm has no employees. Operations are carried out by the owner. |
|
REMARKS ON NET SALES |
: |
The firm which was established in 2014 to deal with trade of hammered bolt
has declared that, it has not made out any invoice yet. |
|
CAPACITY |
: |
None |
|
PRODUCTION |
: |
None |
|
IMPORT COUNTRIES |
: |
India |
|
MERCHANDISE IMPORTED |
: |
Rammered bolt Raw materials |
|
HEAD OFFICE ADDRESS |
: |
Tormak Sanayi Sitesi G Blok No: 14/C Ikitelli Istanbul / Turkey |
|
INVESTMENTS |
: |
None |
FINANCE
|
|
|
||
|
PAYMENT BEHAVIOUR |
: |
No payment delays have come to our knowledge. |
|
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. The liability
of the sole-proprietorships is not limited to the capital. The owners of the
sole-proprietorships are responsible for the debts of the
sole-proprietorships with all of their personal wealth. |
|
|
Incr. in producers’ price index |
Average USD/TL |
Average EUR/TL |
Average GBP/ TL |
|
( 2010 ) |
8,87 % |
1,5128 |
2,0096 |
2,3410 |
|
( 2011 ) |
13,33 % |
1,6797 |
2,3378 |
2,6863 |
|
( 2012 ) |
2,45 % |
1,7995 |
2,3265 |
2,8593 |
|
( 2013 ) |
6,97 % |
1,9179 |
2,5530 |
3,0178 |
|
( 01.01-31.03.2014) |
5,52 % |
2,1961 |
3,0116 |
3,6488 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.12 |
|
UK Pound |
1 |
Rs.102.71 |
|
Euro |
1 |
Rs.84.52 |
INFORMATION DETAILS
|
Analysis Done by
: |
SUB |
|
|
|
|
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.