MIRA
INFORM REPORT
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Report Date : |
2nd
November 2006 |
IDENTIFICATION
DETAILS
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Name : |
FAKHTEH INTERNATIONAL TRANSPORT CO |
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Registered Office : |
Trading
Center Sarv, No 6 , th floor. |
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Country : |
Iran |
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Date of Incorporation : |
1993 |
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Com. Reg. No.: |
11322 |
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Legal Form : |
Limited
liability company |
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Line of Business : |
Transport
and forwarding company main for Afghanistan and CIS countries. |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
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
FAKHTEH
INTERNATIONAL TRANSPORT CO
ADDRESS
Building
: Trading Center Sarv, No 6 , th floor.
Town : Bandar Abbas
Country : Iran
Telephone :
(98 761) 223 3345 / 912 305 7085 (mobile)
Fax : (98 761) 223 3528
SENIOR COMPANY PERSONNEL
Name Position
1.
Ghadir Shoibi Managing Director
2.
Jamil Shoibi General Manager
Total
Employees : 15
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.
Opinion
on maximum credit : RIAL 350,000,000
Trade
risk assessment : Normal
PRINCIPAL BANKERS
BANK
MELLI IRAN
Branch :
Main Branch
PO
Box :
11365/171
Town :
Bandar Abbas
The
subject also has an account with Bank Tejarat in Bandar Abbas.
FINANCIAL INFORMATION
Under
Iranian Company Law companies are not required to publish or disclose balance
sheets and the subject interviewed declined to give any financial information,
which the company regards as strictly
confidential.
LEGAL STATUS AND HISTORY
Date
Started : 1993
C.R.
No. : 11322
Paid
up Capital : RIAL 50,000,000
Sherkat
Massouliate Mahdoud (limited liability company) with the following shareholders
:
1.
Ghadir Shoibi
2.
Jamil Shoibi
ACTIVITIES
The
Company is involved in the following activities :
Transport
and forwarding company main for Afghanistan and CIS countries.
Transportation
of approx 150 containers per months.
FACILITIES
The
Company has the following facilities :
Office
premises located at the heading address.
SPECIAL NOTE
This
amended report is sent as a replacement of our earlier report :
RATING EXPLANATIONS
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RATING |
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 |
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NR |
In view of the lack of information, we
have no basis upon which to recommend credit dealings |
No Rating |
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