MIRA INFORM REPORT

 

 

Report Date :

18.12.2007

 

IDENTIFICATION DETAILS

 

Name :

Nasaj Rang Tehran Company

 

 

Registered Office :

3rd Floor, No.148, Hovizeh St, Sabounchi St, Shahid Beheshti Ave., Tehran

 

 

Country :

Iran

 

 

Date of Incorporation :

1999

 

 

Com. Reg. No.:

165291

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

Supplier of Chemical products and Material

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Unfavourable & favourable factors carry similar weight in credit consideration. Capability to overcome financial difficulties seems comparatively below average.

Small

 

Status :

Small Company

 

 

Payment Behaviour :

No Complaints

 

 

Litigation :

Clear

 


company details

 

Company Name:           Nasaj Rang Tehran Company

Address:                                   NO. 539 (SARAI-E OMIDE), PANZDAH-E-KHORDAD AVE.

                                    Tehran

                                                Iran

Telephone:                    +98 21 33968687

                                    +98 21 33968688

                                    +98 21 33968689

                                    +98 21 33968690

Fax:                                          +98 21 33968691

Website:                       -     

E-mail :                                     ntci_co@yahoo.com      

 

 

registration & legal details

 

Current Legal Form:       Limited Liability Company

Registration Address:    3rd Floor, No.148, Hovizeh St, Sabounchi St

                                    Shahid Beheshti Ave.

                                    Tehran

                                   Iran

Registration Number:      165291

Established Date:          1999

Registration Date:          1999

Registration Town:         Tehran

 

 

capital

 

Nominal capital:            500,000,000 Iranian Rial

Issued capital:               500,000,000 Iranian Rial

Paid up capital:                          All

 

Number of Shares: 50,000

Type of Shares:  None Selected

Issued Shares: 

Value per share: IRI 10,000.00

 

 

shareholders

 

Shareholders:

 

Name/Address

% of Voting/Non-Voting capital

Jafari Family

Tehran

Iran

%88-Voting

Ms. Azar Molatayefeh

Tehran

Iran

%12-Voting

 

 

 

principals

 

Name:                                                   Mr. Ali Jafari

Position within the company:     Chairman

Country of Birth:                         Iran       

Nationality:                                            Iranian

Can fluently speak:                                English-Farsi

 

Name:                                       Ms. Azar Molatayefeh

Position within the company:     Vice- Chairman

Country of Birth:                        Iran                                                                                       

Nationality:                                            Iranian

Can fluently speak:                                Farsi-English

 

Name:                                       Mr. Alireza Soudachi

Position within the company:     Managing Director

Country of Birth:                         Iran     

Nationality:                                            Iranian

Can fluently speak:                    Farsi-English

 

Name:                                       Ms. Naeimeh Jafari

Position within the company:     Member

Country of Birth:                         Iran 

Nationality:                                Iranian

Can fluently speak:                                Farsi-English

 

 

company activities

 

Supplier of Chemical products and Material

 

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

 

 

operations

 

Company Employs:        8

 

Sales:                                       %100 Nationality  

Sales to:                                   Local Authorities, Group Companies

                                                                

Sales Term:                   Cash, Check

 

Vehicles:                       2

 

 

hq premises

 

Operates Form:            Owned: Office, Warehouse

Location:                       Central Business Area, Side Road

        

        

bankers                                                        

 

Bank Mellat

Tehran

Iran

 

Bank Melli

Tehran

Iran

 

 

financial information

 

The subject declined any financial information.

 

 

imports

                                                       

Imports From:                            India, China, Europe

Importing Terms:                         Letters of credit

Import % and type of product:     %15 Raw Material   %15 Finished Good

Additional Information:               Balance of %70 purchased via local market.

 

 

export

 

Subject dose not Export.

   

 

related companies

 

Subject doesn't have any Related Company

 

 

payment

 

Subject's payments reported to be:  NO COMPLAINTS 

 

 

interview & reporter comments

 

In the interview conducted with Ms. Sharifi (Secretary), she declined financial information and bank account number citing the grounds of company confidentiality.

 

Name/Title: Ms. Sharifi (Secretary)

Subject has confirmed the details provided in the report. 

 

 

conclusions

 

Local Reputation:

The company being investigated is believed by local reporters to be a High Trade Risk.

 

Owner/Shareholders Comments: All or most of the owners / shareholders have an active participation 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