MIRA
INFORM REPORT
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Report Date : |
6th
January, 2007 |
IDENTIFICATION
DETAILS
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Correct Name : |
CRISPINO
E KISH CO SSK |
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Registered Office : |
2nd Street, Industrial Zone 1, Kish Island, Iran. |
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Country : |
Iran |
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Date of Incorporation : |
2004 |
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Com. Reg. No.: |
3661 |
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Legal Form : |
Limited
Liability Company |
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Line of Business : |
Manufacturers and distributors of shoes. |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Maximum Credit Limit : |
RIAL
350,000,000 |
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Status : |
Small
Company |
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Payment Behaviour : |
No
Complaints |
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Litigation : |
Clear |
COMPANY NAME
CRISPINO
E KISH CO SSK (Correct)
CRISPINO
DI KISH CO (NF) (Requested)
ADDRESS
Street : 2nd Street, Industrial Zone 1
Town : Kish Island
Country : Iran
Telephone :
(98 764) 443 3423 / 912 100 4810 (mobile)
Fax : (98 764) 443 3429
SENIOR COMPANY PERSONNEL
Name Position
1.
Javad Agha Nejati Managing Director
2.
Hassan Nejati Director
3.
Zahir Nejati Sales Manager
Total
Employees : 50
PAYMENTS
No
complaints have been heard regarding payments from local suppliers or banks.
We
consider it is acceptable to deal with subject for SMALL amounts, although it
is normal accepted practice for international suppliers to deal on secured
terms with Iranian importers.
Opinion
on maximum credit : RIAL 350,000,000
Trade
risk assessment: Normal
PRINCIPAL BANKERS
NAME :
EXPORT DEVELOPMENT BANK OF IRAN
Branch :
Venus Branch
PO
Box :
15875-5964
Town :
Kish 15139
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 15,000,000,000 - 2005 - exact
Net
Profit : not given
LEGAL STATUS AND HISTORY
Date
Started : 2004
C.R.
No. : 3661
Paid
up Capital : RIAL 10,000,000
Sherkat
Massouliate Mahdoud (limited liability company) with the following shareholders
:
1.
Javad Agha Nejati
2.
Hassan Nejati
3.
Zahir Nejati
Affiliated companies of Crispino E Kish
Co Ssk :
Associates
Sara
Kish
Itak
No. 12, Ap 58
Golshahr
Street
Blvd
Africa
Tehran
Telephone: (98 21) 2221 4698
Fax :
(98 21) 2201 2129
ACTIVITIES
The
Company is involved in the following activities :
Manufacturers
and distributors of shoes.
Imports
of Italy and India.
FACILITIES
The
Company has the following facilities :
Office
premises and a factory with integrated storage facilities located at the
heading address as well as branch office in (see branch Office "section" below)
BRANCH OFFICES
1.
0140 Venus Market Int
Kish
Island
2.
Pardis Market
Kish
Island
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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