MIRA
INFORM REPORT
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Report Date : |
13.04.2007 |
IDENTIFICATION
DETAILS
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Name : |
ROWGHAN MACHINE CO LUBRICANTS MFG |
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Registered Office : |
No. F Khre Razi Street, Enghelab Ave, Tehran |
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Country : |
Iran |
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Date of Incorporation : |
1980 |
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Com. Reg. No.: |
79849 |
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Legal Form : |
Private Joint Stock Company |
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Line of Business : |
Manufacturers of lubricants. |
RATING &
COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Status : |
Satisfactory |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
COmpany NAME
ROWGHAN MACHINE CO
LUBRICANTS MFG (Correct)
ROWGHAN MACHINE
(Requested)
ADDRESS
Street : No. F Khre Razi Street
Area : Enghelab Ave
Town : Tehran
Country : Iran
Telephone :
(98 21) 6646 5020 / 6 646 3188 / 6646 7691 (currently belong to
different subscribers)
Fax : (98 21) 6695 8732 (owned by different
subscribers)
Trading Styles
ATLANTIC Lubricant Oil
SENIOR COMPANY
PERSONNEL
Name Position
Zolfaghar Motahari General
Manager
PAYMENTS
Current trade experience
of payments has not been traced.
Our sources could not
contact the subject and obtain financial information.
Opinion on maximum credit
: Nothing detrimental has been heard but in the circumstances we recommend
international suppliers deal with subject on fully secured terms
Trade risk assessment :
No classification
Opinion on the credit
figure of US DLRS 1,500,000 :
See above comments.
It is normal accepted
practice for international suppliers to deal on secured terms with Iranian
importers.
PRINCIPAL BANKERS
NAME :
BANK SADERAT IRAN
Branch :
43 Somayeh Avenue
PO Box :
15745-631
Town :
Tehran
Telephone : (98 21) 836091
Fax :
(98 21) 8883 9539
SWIFT :
BSIR IR TH
FINANCIAL INFORMATION
Subject is not obliged to
publish or disclosed balance sheet. Financial information is not available from
third party sources.
LEGAL STATUS AND
HISTORY
Date Started : 1980
C.R. No. :
79849
Chamber of Commerce
Membership No : 11048774
Trade License No : 383726
Capital :
not given
Sherkat Sahami Khass
(private joint stock company) with the following shareholders :
Information on subject's
shareholding structure is not available.
ACTIVITIES
The Company is involved
in the following activities :
Manufacturers of
lubricants.
FACILITIES
The Company has the
following facilities :
Office premises located
at the heading address as well as a factory in Ali Shah Avaz Area Karaj.
BRANCH OFFICES
Subject's representatives
in India :
Sunint Enterprises Pvt.
Ltd.
New De Rahul market
Kanpur 0512
India
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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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%)