MIRA INFORM REPORT

 

 

Report Date :

21.06.2007

 

IDENTIFICATION DETAILS

 

Name :

Rezazadeh Trading Company

 

 

Registered Office :

No. 50, 2nd Floor, Kish passage, Bazzar Ahangaran, 15th Khordad Street, Tehran – 1165733676               

 

 

Country :

Iran

 

 

Financials (as on) :

31.03.2007

 

 

Date of Incorporation :

08-Jul-94

 

 

Com. Reg. No.:

188856             

 

 

Legal Form :

General Partnership      

 

 

Line of Business :

Importing of gift, advertising and promotional stationary products such as keyholder, pen, watch, card holder, organizer ,mug, multi tools, sets, air refreshers and etc.                        

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Status :

Satisfactory

 

 

Payment Behaviour :

Regular

 

 

Litigation :

Clear

 

 


Company Name          

 

Full Company Name  :  Rezazadeh Trading Company   

Persian Name :             Sharkate Bazargani Rezazadeh                                                

 

 

Important Briefing 

                       

Business Open Date      1994    

Legal Form:                   General Partnership      

Nominal Capital:            IRR 10,000,000.00        

Industry:                        Gift Industry      

Activity:                         Importing          

No. of Employees:         15                                                        

 

 

Management Address             

 

Address:           No.50, 2nd Floor, Kish passage, Bazzar Ahangaran, 15th Khordad Street  

City:                 Tehran             

Postal Code:     1165733676                  

Country:            Iran                  

Telephone:        009821 55161936-7                   

Fax:                  009821 55607350                      

Email :              info@rezazadeh-tc.com             

Website:           http://www.rezazadeh-tc.com

 

 

Registration Detail          

 

Business Open Date:                 1994                

Registration Date                       08-Jul-94                      

Present Legal Form                    General Partnership                  

Registration Number                   188856             

Registration office                      No.50, 2nd Floor, Kish passage, Bazzar Ahangaran, 15th Khordad Street  

Registration Postal Code            1165733676                  

Registration Country                   Iran                                                      

 

 

Operations     

 

Employees                  

No. of Employees:                     15        

 

Main Physical Premises                                  

Operates From:             Owned Shop & office                 

Real Estate Status:        On a central business area-main road-near an airport       

Size:                             25 Sq/m                       

 

 

Branches (Warehouse, Office, Factory

etc.)                 

 

Address:           No.10, Groun Floor, Kish passage, Bazzar Ahangaran, 15th Khordad Street                      

City:                 Tehran                                     

Country:            Iran                                          

Tenure:             Owned Shop                                         

Location:           on a central business area-main road-near an airport                    

Size:                 20 Sq/m                                               

Telephone:        009821 55866605                                              

Fax:                  009821 55574737                                              

                                     

Address:           Unit 5, 3rd floor, North Sohrevardi Street                            

City:                 Tehran                                       

Country:            Iran                                

Tenure:             Owned Office                                          

Location:           on a central business area-main road-near an airport          

Telephone:        009821 88520276                                    

Fax:                  009821 88767740                                                

 

Address:           No.123, Beinolharamein Bazzar                         

City:                 Tehran                         

Country:            Iran                              

Tenure:             Owned Shop                             

Location:           on a central business area-main road-near an airport        

Telephone:        009821 55154945                                              

           

 

Capital           

 

Issued Capital                IRR 10,000,000.00        

Nominal Capital             All       

Paid up capital               All       

Previous Capital IRR 5,000,000.00          

Date of increase Jan-07                                                  

 

 

Principals information                   

 

Name :                          Mr. Mansour                 

Last name:                    Rezazadeh                   

Born:                            1969                

Title:                             chairman & managing director                

Nationality:                    Iranian              

                                               

Name :                          Ms. Fatemeh                

Last name:                    Parsa Mehr                  

Born:                            1972                

Title:                             Member of Directory Board                    

Nationality:                    Iranian              

University degree:          BA                   

                                               

Name :                          Mr. Kianoush                

Last name:                    Rezazadeh                   

Born:                            1979                

Title:                             Member of Directory Board                    

Nationality:                    Iranian              

                                               

Name :                          Ms. Kiana                    

Last name:                    Rezazadeh                   

Born:                            1980                

Title:                             public relation manager              

Nationality:                    Iranian              

                                               

Name :                          Mr. Aidin                      

Last name:                    Azizi                

Title:                             Financial manager                     

Nationality:                    Iranian                                                  

 

 

Shareholders

 

Name:               Mr. Mansour Rezazadeh            

%Shares:          70% of the voting capital            

                                               

Name:               Ms. Fatemeh Parsa Mehr                      

%Shares:          10% of the voting capital            

                                               

Name:               Mr. Kianoosh Rezazadeh                       

%Shares:          10% of the voting capital            

                       

Name:               Ms. Kiana Rezazadeh   

%Shares:          10% of the voting capital                                                

 

 

Business Activity         

                       

Industry             Gift Industry                  

Activity              Industry            

                                                           

Subject is engaged in importing of gift, advertising and promotional stationary products such as keyholder, pen, watch, card holder, organizer ,mug, multi tools, sets, air refreshers and etc.                                                    

 

 

Customers                        

 

Type of customers         Bank Melli, Agricultural Bank, Parsian Bank, Iran Khodro, LG Co, Nokia Co           

 

 

Postal Details         

                                     

Postal Code:                 1165733676                  

P O Suburb                   Tehran                                                 

 

 

Agent of         

                       

Name :                          Modul              

Line of Business:           Producer of Keyholders             

Country:                        Turkey             

Website:                       http://www.modprom.com/

                                               

Name :                          Leccepen                     

Line of Business:           Producer of Pen            

Country:                        Italy                 

Website:                       http://www.leccepen.com/

 

 

Banking Information   

                       

Name:               Bank Sepah                 

Branch:             Bazzar ( Code 002)                   

Address:           After Arg Sq.                

City:                 Tehran             

Country:            Iran                  

Telephone  :      009821 33909316                      

Account No. :    # 2610093                    

                                               

Name:               Bank Saderat               

Branch:             Bazzar ( Code 001)                   

Address:           15th Khordad Street                  

City:                 Tehran             

Country:            Iran                  

Telephone  :      009821 33904912-5                                                       

 

 

Importing Information       

           

Country:                        From: Turkey, Italy        

Amount:                        100%   

Product and Services:    gift & stationary products           

Terms:                          cash                                                    

 

 

Exporting Information     

           

To: NON                                           

 

 

Financial Information 

 

Year                 31/3/2007                      31/3/2006                      31/3/2005         

Months             12                                 12                                 12        

Sales                USD 890,000.00            USD 848,000.00            USD 790,000.00           

Gross Profit       USD 245,000.00            USD 212,000.00            USD 183,000.00           

Net Profit           USD 135,000.00            USD 120,000.00            USD 100,000.00                           

 

 

Comments            

 

Name                Mr. Aidin Azizi              

Title                  Financial Manager                     

Telephone         009821 55161936                      

Fax                   009821 55607350                                  

Mobile               0098912 3011275                                                          

 

 

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