MIRA INFORM REPORT
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Report Date : |
19th May 2006 |
IDENTIFICATION DETAILS
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Name : |
ATRA PHARMACEUTICAL CO |
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Registered Office : |
Shahid Mahmoud Pouri St.(Koohak),7th Km. of Karaj High way 14155-5365 Tehran 14800 Iran |
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Date of Incorporation : |
1949 |
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Legal Form : |
Private joint stock company |
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Line of Business : |
Manufacturers and distributors of
pharmaceuticals in the form of tablets, syrups, ointments, gels,
suppositories, dental medicine as well as toothpaste and cosmetics. |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
RATING
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STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is
considered normal. Capable to meet normal commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
CO. NAME
ATRA
PHARMACEUTICAL CO (Correct)
ATRA
PHARMACEUTICAL COMPANY (Requested)
ADDRESS
Street : Shahid Mahmoud Pouri St.(Koohak),7th Km. of
Karaj High way
P.O. Box :
14155-5365
Town : Tehran 14800
Country : Iran
Telephone : (98
21) 4470 41816 / 4470 4782-3
Fax : (98 21) 4470 4817
SENIOR COMPANY PERSONNEL
Name Position
1. Hassan
Karjaniann Managing Director
2. M
Hatami Commercial Manager
Total
Employees : 40
PAYMENTS
No
complaints have been heard regarding payments from local suppliers or banks.
We
consider it is acceptable to deal with subject for SMALL amounts although it is
normal accepted practice for international suppliers to deal on secured terms
with Iranian importers.
Opinion on
maximum credit : RIALS 500,000,000
Trade risk
assessment : Normal
PRINCIPAL BANKERS
NAME :
BANK MELLAT IRAN
Branch :
Vali e Asr Avenue
Street :
Dameshgah Street 4
PO
Box :
11365/5964
Town :
Tehran
Telephone : (98 21) 6646 0871
Fax :
(98 21) 8869 4111
SWIFT :
BKMT IR TH
FINANCIAL INFORMATION
Under
Iranian Company Law companies are not required to publish or disclose balance
sheets. However, the subject interviewed offered the following information :
Sales
Turnover : RIALS 27,000,000,000 - 2005 - exact
Net
Profit : not given
LEGAL STATUS AND HISTORY
Date
Started : 1949
C.R. No. :
10979
Capital :
RIALS 3,000,000,000
Sherkat
Sahami Khass (private joint stock company) with the following shareholders :
Percentage
1. Social
Security Organization 95%
No.453 Azadi Avenue
14195 Tehran
Telephone:
(98 21) 6642 8264-8 / 6693 0008
Fax
: (98 21) 6693 7007
2.
Undisclosed shareholders 5%
ACTIVITIES
The
Company is involved in the following activities :
Trading as
manufacturers and distributors of pharmaceuticals in the form of tablets,
syrups, ointments, gels, suppositories, dental medicine as well as toothpaste
and cosmetics.
Imports
from Brazil Germany and Asian countries.
FACILITIES
The
Company has the following facilities :
Offices
premises and a factory and storage facilities located at the heading address.
RATING EXPLANATIONS
RATING
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STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely
sound financial base with the strongest capability for timely payment of
interest and principal sums |
Unlimited |
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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 |
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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 |
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41-55 |
Ba |
Overall operation is
considered normal. Capable to meet normal commitments. |
Satisfactory |
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26-40 |
B |
Unfavourable &
favourable factors carry similar weight in credit consideration. Capability
to overcome financial difficulties seems comparatively below average/normal. |
Small |
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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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<10 |
C |
Absolute credit risk
exists. Caution needed to be exercised |
Credit not recommended |