MIRA
INFORM REPORT
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Report Date : |
20.01.2007 |
IDENTIFICATION
DETAILS
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Name : |
RISHIHOBAN SSK |
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Registered Office : |
5Th Street, 60Th Jeam Avenue Block No. 5, 2Nd Floor, No 58, Jahan Ara, Yousef Abad Area, Tehran |
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Country : |
Iran |
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Financials (as on) : |
2006 |
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Date of Incorporation : |
1997 |
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Legal Form : |
Private
Joint Stock Company |
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Line of Business : |
Importers and distributor of food essence |
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 750,000,000 |
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Status : |
Satisfactory |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
CO. NAME
RISHIHOBAN SSK
ADDRESS
Street : 5Th Street, 60Th Jeam Avenue Block No. 5, 2Nd Floor, No 58, Jahan Ara
Area : Yousef Abad Area
Town : Tehran
Country : Iran
Telephone : (98 21) 8874 0608 / 8852 1682 / 912 370 0503
Fax : (98 21) 8874 2521
SENIOR COMPANY
PERSONNEL
Name Position
1. Farhad Ishtaghian Managing Director
2. Maryam Shielh Falah (Mrs) Director
3. Masoud Ijadi General Manager
Total Employees
50 (group)
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 750,000,000
Trade risk assessment : Normal
PRINCIPAL BANKERS
NAME : BANK MELLI IRAN
Branch : Central Branch
PO Box : 11365/171
Town : Tehran
Telephone : (98 21) 6673 2698
Fax : (98 21) 6673 8606
SWIFT : MELI IR TH
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 30,000,000,000 - 2006 - exact
Net Profit : not given
LEGAL STATUS AND
HISTORY
Date Started : 1997
Paid up Capital : RIAL 100,000,000
Sherkat Sahami Khass (private joint stock company) with the following shareholders :
1. Farhad Ishtaghian
2. Maryam Shielh Falah (Mrs)
3. Masoud Ijadi
Affiliated companies
of Rishihoban Ssk
Associates
Kandalous Co SSk
Charlous Industrial Area
Tehran
ACTIVITIES
The Company is involved in the following activities :
Importers and distributor of food essence.
Imports from Asian and European countries.
FACILITIES
The Company has the following facilities :
Office premises and storage facilities located at the heading address.
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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