MIRA
INFORM REPORT
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Report Date : |
21st
February, 2007 |
IDENTIFICATION
DETAILS
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Name : |
MOHAMMAD
REZA SALIM |
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Registered Office : |
No 12 G F Sarai Sina
15Th Khordad Avenue, Tehran, Iran |
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Country : |
Iran |
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Date of Incorporation : |
1967 |
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Legal Form : |
Proprietorship |
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Line of Business : |
Importers
and distributors of rice, tea and optical products. |
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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Maximum Credit Limit : |
RIAL
2,000,000,000 |
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Status : |
Satisfactory |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
COMPANY NAME
MOHAMMAD REZA SALIM
ADDRESS
Street : No 12 G F Sarai Sina 15Th Khordad Avenue
Town :
Tehran
Country : Iran
Telephone :
(98 21) 3390 3151 / 3391 9506
Fax : (98 21) 3390 3073
SENIOR COMPANY PERSONNEL
Name Position
1. Mohammad Reza
Salim General Manager / owner
2. Vahid Salim Commercial
Manager
Total Employees : 5
PAYMENTS
No complaints have been
heard regarding payments from local suppliers or banks.
We consider it is
acceptable to deal with subject for MEDIUM amounts, although it is normal
accepted practice for international suppliers to deal on secured terms with
Iranian importers.
Opinion on maximum credit
: RIAL 2,000,000,000
Trade risk assessment :
Normal
PRINCIPAL BANKERS
NAME :
SAMAN BANK CORPORATION
Branch :
Bazar Branch No 693
P.O. Box : 15916-35856
Town :
Tehran
Telephone : (98 21) 6695 9050
Fax :
(98 21) 6695 8938
FINANCIAL INFORMATION
Under Iranian Company Law
companies are not required to publish or disclose balance sheets. However, the
subject interviewed offered the following
information :
Sales Turnover :
RIAL 80,000,000,000 - 2005 - exact
Net Profit :
not given
LEGAL STATUS AND HISTORY
Date Started : 1967
Trade License No: 381109
Capital : not applicable
Proprietorship owned by
Mohammad Reza Salim.
ACTIVITIES
The Company is involved
in the following activities :
Importers and
distributors of rice, tea and optical products.
Imports from India, Sri
Lanka, South Korea and Italy.
FACILITIES
The Company has the
following facilities :
Owned office of 120
sq/meter located at the heading address as well as warehouse facilities located
elsewhere in Tehran.
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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