MIRA INFORM REPORT

 

 

Report Date :

23.08.2007

 

IDENTIFICATION DETAILS

 

Name :

Barzegar Barjesteh Company

 

 

Registered Office :

4th Floor, No.214, Forsat Shirazi St, Tohid Sq., Tehran – 1459987650

 

 

Country :

Iran

 

 

Date of Incorporation :

1989

 

 

Com. Reg. No.:

143044

 

 

Legal Form :

Private Joint Stock Company

 

 

Line of Business :

Importer of Agricultural Equipment, Animal Pharm and Chemical Raw Material.

 

 

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 :

Regular

 

 

Litigation :

Clear

 

 


company details

 

Company Name:                    Barzegar Barjesteh Company

Headquarter Address:           4th Floor, No.214, Forsat Shirazi St,

                                                 Tohid Sq.

                                    Tehran  1459987650

                                                  Iran

Telephone:                                        +98 21 66433102

                                              +98 21 66432885

                                             +98 21 66421547

                                                 +98 21 66421553

Fax:                                         +98 21 66927091

Website:                                 -------                                                                     

E-mail:                                      zabihi82@yahoo.com

 

 

registration & legal details

 

Current Legal Form:               Private Joint Stock Company

Registration Address:            4th Floor, No.214, Forsat Shirazi St,

                                                 Tohid Sq.

                                                 Tehran  1459987650

                                                  Iran

Registration Number:             143044

Registration Date:                   1989

Year Established:                    1989

Registration Town:                  Tehran

 

 

Company was originally started on 1989 

 

 

capital

 

Currency:                                       Iranian Rial

Nominal capital:                            100,000,000

 

 

shareholders

 

Name/Address                        % of Voting

Zabihi Shahri Family                %100

Tehran

Iran

 

 

principals

 

Name:                                                  Mr. Seyed Mohammad Zabihi Shahri

Position within the company: Managing Director

Country of Birth:                                  Iran

Nationality:                                          Iranian

Can fluently speak:                 Farsi- English

 

Name:                                                  Mr. Seyed Hasan Zabihi Shahri

Position within the company: Chairman

Country of Birth:                                  Iran

Nationality:                                          Iranian

Can fluently speak:                 Farsi- English

 

Name:                                                  Mr. Seyed Hossein Zabihi Shahri

Position within the company: Vice-Chairman

Country of Birth:                                  Iran

Nationality:                                          Iranian

Can fluently speak:                 Farsi- English

 

Name:                                      Ms. Tahereh Hossien Nejhad

Position within the company:  Director

Country of Birth:                                  Iran

Nationality:                                          Iranian

Can fluently speak:                  Farsi- English

 

Name:                                                  Ms. Bahar Valadkhani

Position within the company: Marketing Director

Country of Birth:                                  Iran

Nationality:                                          Iranian

Can fluently speak:                 Farsi- English

 

 

company activities

 

Importer of Agricultural Equipment, Animal Pharm and Chemical Raw Material.

 

Local Reporters consider the investigated company to be Small  in their  field of concern.

 

 

employees

 

Company Employs:                            12

 

 

hq premises

 

Operates from:       Owned Office, Warehouse

Location:                 Central Business Area, Main Road

 

 

imports

 

Import%:                    %35 Finished Good

Import from:              India, Italy, China, Turkey 

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

 

Territory:                                  100% Nationally

Type of Customer:                   Group Companies, Local Authorities

Terms of sales:                        Cash, Check

Vehicles:                       Total number of vehicles: 4

 

 

related companies

 

Subject Dose not any Related Company

 

 

banks

 

Melli Bank

Tehran

Iran

 

Bank Saderat

Tehran

Iran

 

 

financial information

 

Source:                 Ms. Bahar Valadkhani (Marketing Director)

Currency:              Iranian Rial

Note:                     Figures in 000,000

 

Months

Sales figures

Sales

12

29/03/2006

15,870

12

29/03/2005

12,990

12

29/03/2004

10.381

 

 

payments

            

Subject's payments reported to be:          NO COMPLAINTS

 

 

interview

 

Name/Title:                Ms. Bahar Valadkhani (Marketing Director)

Comment:                   Subject has confirmed the general details shown the report.

 

Reporter Comment:      

In the interview conducted with Bahar Valadkhani (Marketing Director), she Declined full financial information and bank account numbers citing the grounds of company confidentiality.

 

 

conclusions

 

Accounts are Brief Accounts: Only Sales brief data received

 

Local Reputation: The company being investigated is considered by local reporters to be a High Trade Risk and TO BE SECURED.

 

Owner/Shareholders Comments: All owners involved in the running of the business

 

Age of Business: Old Family Business

 

 


 

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.

 

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

 

 

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%)

 

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions