MIRA INFORM REPORT

 

 

Report Date :

23.07.2007

 

IDENTIFICATION DETAILS

 

Name :

Mohammad Reza Forootan                    

 

 

Registered Office :

No. 64, South Shiraz Ave, Vanak sq, Tehran, Postal Code - 1469816861   

 

 

Country :

Iran                  

 

 

Date of Incorporation :

1987

 

 

Legal Form :

Proprietorship

 

 

Line of Business :

Engaged in manufacturing of decoration equipment for bath and kitchen room  such as curtain, bath curtain, floor covering etc.                           

 

 

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/normal.

Small

 

Status :

Small Company

 

 

Payment Behaviour :

Unknown

 

 

Litigation :

Clear

 

 


Company Name                

 

Full Company Name  :                Mohammad Reza Forootan                   

Persian Name :                          Mohmmad Reza Forootan                     

Other Trading Style Name:           Forootan Trading                      

 

                                               

Briefing                

 

Business Open Date                  1987                

Legal Form:                               Proprietorship               

Industry:                                    Construction Equipment            

Activity:                                     Manufacturing               

                       

 

Management Address                   

 

Address:                       No.64,South Shiraz Ave,Vanak sq                      

City:                             Tehran             

Postal Code:                 1469816861                  

Country:                        Iran                  

Telephone:                    009821 44832174                      

Fax:                              009821 44832174                      

Email :                          armita@neda.net

                                   

           

Registration Detail                

 

Business Open Date:      1987               

Legal Form:                   Proprietorship              

                                     Industry & Mine Organization                

City of Registration          Tehran            

                                               

                                               

Main Physical Premises          

 

Operates From:             Owned Shop & office                 

Real Estate Status:        On a Central Business Area,On a main Street,Near An Airport      

Size:                                        

                       

 

Branches ( Warehouse, Office, Factory

etc.)                 

                                                                                                           

Address:                       Shams Abad Industrial City                                            

City:                             Tehran                                     

Country:                        Iran                                          

Tenure:                         Owned Factory                                     

Location:                       On a Central Industrial Area,On a main Street,Near An Airport                              

Factory Manager:           Mr. Mohammad Reza Foro                                            

Activity:                         Producing of construction equipment                                          

                       

 

Business Activity              

 

Industry             Construction Equipment            

Activity              Manufacturing               

                                                                       

Subject is engaged in manufacturing of decoration equipment for bath and kitchen room  such as curtain, bath curtain,          floor covering etc.                             

           

                       

Customers                        

 

Number of customers                 1                                   

Type of customers                     Tehran Bazzar                            

 

                                   

Brand Name                     

 

Name:               Armita              

Product(s):        decoration products                   

                       

           

Banking Information                   

 

Name:                           Bank Saderat               

Branch:                         vanak               

Address:                       Shiraz Ave,Vanak                     

City:                             Tehran             

Country:                        Iran                  

Telephone  :                  009821 88210924-5                   

Account No. :                            140054             

                       

                       

Importing Information                

 

Country:                        From: China, Italy, Germany                  

Amount:                        10%                 

Product and Services:    Raw Material                

Terms:                          Letter Of Credit             

                                   

 

Importants Notes         

 

Mr. Forootan declined to supply any other information before customer directly contact.      

 

                       

Interviewer  & Comments           

 

Name                Mr. Mohmmad Reza Forootan                

Title                  Proprietorship               

Telephone         0098912 1145124                      

Fax                   009821 44832174                                  

Email                armita@neda.net

                                               

 

Comments       

 

In the enquiry the telephone of bank had been mentioned by mistake.       

                       

                       

                                               

                                               

                       

                                   

                                                           

                                                           

                       

                       

 

 

                                   

                       

 

 

 

 

           

 


 

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/normal.

 

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