MIRA
INFORM REPORT
|
Report Date : |
3rd
November 2006 |
IDENTIFICATION
DETAILS
|
Name : |
ARZANESH
LTD |
|
|
|
|
Registered Office : |
Apt
No 5 5th street, No.34- 7th Street, Sarafraz Street Shahid
Beheshti Street, Tehran, Iran |
|
|
|
|
Country : |
Iran |
|
|
|
|
Date of Incorporation : |
1993 |
|
|
|
|
Com. Reg. No.: |
98378 |
|
|
|
|
Legal Form : |
Limited
liability company |
|
|
|
|
Line of Business : |
Importers
of industrial machinery and spare parts. |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal.
Capable to meet normal commitments. |
Satisfactory |
|
Status : |
Satisfactory
|
|
|
|
|
Payment Behaviour : |
Usually
Correct |
|
|
|
|
Litigation : |
Clear |
CO. NAME
ARZANESH
LTD
ADDRESS
Street : Apt No 5 5th street, No.34- 7th Street,
Sarafraz Street
Area : Shahid Beheshti Street
Town : Tehran
Country
: Iran
Telephone :
(98 21) 8873 7947 -8
Fax : (98 21) 8873 0895
SENIOR COMPANY PERSONNEL
Name Position
1.
Bahadoor Fata Managing
director
2.
Sedigheh Gohapanah (Mrs) Director
Total
Employees : 5
PAYMENTS
No
complaints have been heard regarding payments from local suppliers or banks.
We
consider it is acceptable to deal with subject for MEDIUM amounts, although it
is normal accepted practice for international suppliers to deal on secured
terms with Iranian importers.
Opinion
on maximum credit : RIAL 2,500,000,000
Trade
risk assessment: Normal
PRINCIPAL BANKERS
NAME :
BANK TEJARAT
Branch :
Daraye Nour Branch
PO
Box :
11365/1917
Town :
Tehran 11369
Telephone : (98 21) 8888 90139
Fax :
(98 21) 8882 8215
SWIFT :
BTEJ 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 : RIAL 90,000,000,000 - 2005 – exact and value of goods
handled
Net
Profit : not given
LEGAL STATUS AND HISTORY
Date
Started : 1993
C.R.
No. : 98378
Paid
up Capital : RIAL 100,000,000
Sherkat
Massouliate Mahdoud (limited liability company) with the following shareholders
:
1.
Bahadoor Fata
2.
Sedigheh Gohapanah (Mrs)
ACTIVITIES
The
Company is involved in the following activities :
Importers
of industrial machinery and spare parts.
Exports
of raw materials.
Imports
from China India.
Export
to Asian countries.
FACILITIES
The
Company has the following facilities :
Owned
office of 100 Sq/meter located at the heading address.
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 |
Unfavourable & favourable factors
carry similar weight in credit consideration. Capability to overcome
financial difficulties seems comparatively below average/normal. |
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 |
|
NR |
In view of the lack of information, we
have no basis upon which to recommend credit dealings |
No Rating |
|