MIRA
INFORM REPORT
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Report Date : |
07.08.2007 |
IDENTIFICATION DETAILS
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Name : |
SANAYE IDJAD RAZMYARAN COMPANY |
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Registered Office : |
Ayatollah |
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Country : |
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Date of Incorporation : |
1993 |
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Com. Reg. No.: |
418 |
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Legal Form : |
Private Joint Stock Company |
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Line of Business : |
Manufacturing connecting Rods based on inverse and Hydraulic Pump |
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 : |
Usually Correct |
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Litigation : |
Clear |
Company Details
Company Name: Sanaye Idjad
Razmyaran Co
Headquarter Address: Unit 8, Apadana Building No. 41, Eastern 2nd
Alley,
Between
[1483874474
Telephone: +98 21 44140931
+98 21 44140932
+98
21 44140933
+98 323 2256670
+98 323 2257060
Fax: +98 21 44140933
+98 323 2260680
Website: -------
E-mail:
info@razmyaran.com
REgistration & Legal Details
Current Legal Form: Privet Joint Stock Company
Registration Address:
Naein
Registration Number: 418
Registration Date: 1993
Year Established: 1993
Company was originally started on 1993
Capital
Currency: Iranian Rial
Nominal capital: 3,330,100,000
Shareholders
The subject declined to give us any shareholder data.
Principals
Name:
Mr. Farshad otouhi
Position within the company: Managing Director
Country of Birth:
Nationality: Iranian
Can fluently speak:
Farsi- English
Education:
B.S degree
Name: Mr. Daryoush Ranji
Position within the company: Tecnichal Director
Country of Birth:
Nationality: Iranian
Can fluently speak:
Farsi- English
Education:
B.S degree
Name:
Mr. Saman Panahandeh
Position within the company: Commercial Director
Country of Birth:
Nationality: Iranian
Can fluently speak:
Farsi- English
Education:
B.A degree
Name:
Ms. A. Parouni
Position within the company: Director
Country of Birth:
Nationality: Iranian
Can fluently speak:
Farsi- English
Name:
Ms. Z. Dara
Position within the company: Secretary
Country of Birth:
Nationality: Iranian
Can fluently speak:
Farsi- English
CompANy Activities
Manufacturing
connecting Rods based on inverse and
Hydraulic pump for Vehicle Car such as
Peugeot 405, Kia
Pride, Nissan Zamyad, Peykan and Peugeot 206.
Local Reporters consider the investigated company to be Medium
in their field of concern.
EMPLOYEES
Company Employs: 400
HQ PREMISES
Operates from: Owned Offices , Warehouses, Factory
Location: Central
Business Area,
IMPORTS
Import%: %35 Finished
Good
Import from:
Import terms: letters of credit
Additional: balance
of 65% purchased via local market
EXPORT
Export % and type of product:
Subject does not export
TRADING & SELLING
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Territory:
100% Nationally
Type of Customer:
Group Companies
Terms of sales:
Cash, Check
Vehicles: Total number of vehicles: 72
RELATED COMPANIES
Subject does not have any related company
BANKS
Melli Bank
Bank Saderat
Melli Bank
Naein
FINANCIAL INFORMATION
Financial Interview Date: 06/08/2007
Source: Ms. A. Parouni(Director)
Currency: Iranian Rial
Note: Figures in 000,000
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Months |
Sales figures |
Sales |
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12 |
29/03/2006 |
229,950 |
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12 |
29/03/2005 |
208,910 |
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12 |
29/03/2004 |
189,350 |
Balance Sheet
Source:
Financial Estimates
Date:
29/03/2006
Currency:
Iranian Rial
Figures:
000,000
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Net
Worth |
99300 |
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Trade
Creditor |
31150 |
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Total
Liability |
31700 |
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Trade
Debtors |
21150 |
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Total
Assets |
141000 |
PAYMENTS
Subject's payments reported to be: NO COMPLAINTS
INTERVIEW
Name/Title: Ms. A. Parouni(Director)
Comment: Subject has confirmed the general
details shown the report.
Reporter Comment:
In the interview conducted with Ms. A. Parouni(Director), she
Declined bank account numbers and full financial data
citing the grounds of
company confidentiality.
CONCLUSIONS
Accounts are
Brief Accounts: Only Sales
Local Reputation
: The company being investigated is considered by local reporters to be a
Medium Trade Risk.
Owner/Shareholders Comments:
Some of owners involved in the running of the business
Age of Business: Old
Business
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%)