MIRA
INFORM REPORT
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Report Date : |
14.12.2007 |
IDENTIFICATION
DETAILS
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Name : |
Klingeran Industrial Gasket Company |
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Registered Office : |
No. 1, 16th St, Beyhaghi St, Bokharest Ave, Argentina Sq., Tehran |
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Country : |
Iran |
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Date of Incorporation : |
2000 |
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Com. Reg. No.: |
172793 |
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Legal Form : |
Private Joint
Stock Company |
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Line of Business : |
Manufacture of different types of Gasket to Oil, Gas,
Petrochemical and Power plant industrial. |
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 : |
No Complaints |
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Litigation : |
Clear |
company details
Company Name: Klingeran
Industrial Gasket Company
Headquarter Address: No. 1, 16th
St, Beyhaghi St, Bokharest Ave,
Argentina Sq.
Tehran
Iran
Tel: +98
21 88514988
+98 21 88514989
+98 21 88527903
Fax: +98
21 88753646
Mobile: +98
912 3497212
Website: www.Klingeran.co.ir
E-mail: atahmassbi@klingeran.co.ir
Company was originally started on 2000
registration & legal details
Current Legal Form: Private Joint Stock Company
Registration Address: No. 1, 16th
St, Beyhaghi St, Bokharest Ave,
Argentina Sq.
Tehran
Iran
Registration Number: 172793
Registration Date: 2000
Year Established: 2000
Registration Town: Tehran
capital
Currency:
Iranian Rials
Nominal capital: 4,655,000,000
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Number of Shares: 4,655,000 |
Type of Shares: None Selected |
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Issued Shares: - |
Value per share: IRI 1,000.00 |
shareholders
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Shareholder Names/ Address |
% of Voting/Non-Voting Capital |
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Oil Equipment Industrial Tehran Iran |
%49 |
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Mr. Abdolrazagh Mohamad Ahmad Alavazi Tehran Iran |
%26 |
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Mr. Fereydoun Hosseini Alavi Tehran Iran |
%25 |
principals
Name: Mr. Alireza Falsafi Tonkaboni
Position within the company: Managing director
Country of Birth: Iran
Nationality: Iranian
Can fluently speak: Farsi- English
Name: Mr. Hasan Saghafi Far
Position within the company: Chairman
Country of Birth: Iran
Nationality: Iranian
Can fluently speak: Farsi- English
Name: Mr. Abdolrazagh Mohamad Ahmad Alavazi
Position within the company: Vice
Chairman
Country of Birth: Iran
Nationality: Iranian
Can fluently speak: Farsi
Name: Mr. Fereydoun Hosseini
Alavi
Position within the company: Member
Country of Birth: Iran
Nationality: Iranian
Can fluently speak: Farsi
Name: Mr. Mehran Nejat
Position within the company: Director
Country of Birth: Iran
Nationality: Iranian
Can fluently speak: Farsi
company
activities
Manufacture of different types of Gasket to Oil,
Gas, Petrochemical and Power plant industrial.
Local Reporters consider the investigated company to be
Large their field of concern.
employees
Company Employs: 120
hq premises
Operates from: Owned Offices, Warehouses,
Factory
Location: Central Business Area, Main Road
imports
Imports:
Finished Goods
Import%:
30%
Import from: Europe
Import terms: letters
of credit
Additional: balance
of 70% purchased via local market
export
Subject dose not Export.
trading
& selling
Territory: 100 %
Internationally
Type of Customer: Group Companies,
Government Bodies
Terms of sales: Cash, letters of
credit
Vehicles: Total number of vehicles: 18
related companies
Agencies:
Klinger Ltd
Wharfedale Road
Euroway Trading Estate
Bradford
West Yorkshire
BD4 6SG
Tel: 01274 688222
Fax: 01274 688549
www.klngeruk.co.uk
banks
Melli Bank
Tehran
Iran
Tejarat Bank
Tehran
Iran
financial
information
Information on financial is not available.
payments
Subject's payments reported to be: NO COMPLAINTS
interview
& reporter comments
Name / Title : Ms.
Fatemeh Haghgoo (Secretary)
In the interview conducted with Ms. Fatemeh Haghgoo (Secretary), She declined
bank account numbers citing the grounds of Company
confidentiality.
conclusion
Local Reputation: The company being investigated is considered by local reporters to be a Medium
Trade Risk.
General Conclusion:
Local informants consider granting of credit to be a fair 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. |
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%)