MIRA
INFORM REPORT
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Report Date : |
17.10.2007 |
IDENTIFICATION DETAILS
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Name : |
Lilian Company |
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Registered Office : |
No. 55, Shahnavaz Alley, Shariati Ave, Tehran, P. O. Box 37515- 353 Karaj |
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Country : |
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Date of Incorporation : |
1984 |
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Com. Reg. No.: |
33 |
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Legal Form : |
Private Joint Stock Company |
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Line of Business : |
Manufacture and Supplier of Carpet, Knotted of Wool or Fine Animal Hair |
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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Status : |
Satisfactory |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
Company Details
Company Name: Lilian
Company
Factory address:
After
Headquarter Address: No.55,
Shahnavaz Alley,
P. O. Box: 37515- 353
Telephone: +98
21 44981462
Fax: +98 21 44981463
Website: -
E-mail : -
Registration &
Legal Details
Current Legal Form: PRIVATE JOINT STOCK CO
Registration
Address:
After
Registration Number: 33
Established Date: 1984
Registration Date: 1984
History
Company was originally started as a Limited
Liability Company on 1984 in registry office in
Capital
Nominal capital: 3,000,000,000
Iranian Rial
Issued capital: 3,000,000,000
Iranian Rial
Paid up capital: All
Number of Shares: 3,000 Type of Shares: None Selected
Issued Shares: Value per share: IRI 1,000,000.00
Shareholders
Shareholders:
Name/Address % of Voting/Non-Voting capital
Mr. Ebrahim Saeifar %40-Voting
Monajem Family %60-Voting
Principals
Name: Mr. Mohamad Ali Monajem
Position within the company: Chairman
& Managing director
Country of Birth:
Nationality: Iranian
Can fluently speak: English-Farsi
Name: Mr. Samad Monajem
Position within the company: Member
Country of Birth:
Nationality: Iranian
Can fluently speak: Farsi-English
Name: Mr. Ebrahim Saeifar
Position within the company: Vice
Chairman
Country of Birth:
Nationality: Iranian
Can fluently speak: Farsi-English
Name: Ms. Sepideh Kashani
Position within the company: Secretary
Country of Birth:
Nationality: Iranian
Can fluently speak: Farsi-English
Company Activities
Manufacture and Supplier
of Carpet, Knotted of Wool or Fine Animal Hair
Local Reporters consider the investigated company to be Medium
in their field of concern.
Company Employs
22
Sales
%80 Nationality %20 Internationl
Sales to
Local Authorities, Group
Companies
Sales Term
Cash, Check
Vehicles
15
HQ Premises
Operates Form: Owned:
Office, Warehouse, and Factory
Location: Central
Business Area, Side Road
Bankers
Bank Mellat
Shahr-e-Ghods
Export Development Bank
Main Branch
Code 130
Financial
information
Source: Ms. Sepideh Kashani(Secretary)
Currency: Iranian Rails
Note: Figures in 000,000's
Months Sales Figures Sales Gross Profit/Loss Net Profit/Loss
12 29/03/2006 16,500.00
12 29/03/2005 13,700.00
12 29/03/2004 11,900.00
Imports
Imports From: Europe,
UAE,
Importing Terms: Letters
of credit
Import % and type of product: %15
Raw Material
Additional Information: Balance of %85 purchased via local market.
Export
Exports From:
Exporting Terms: Letters
of credit
Export % and type of product:
%20 Finished Good
Related Companies
Subject doesn't have any
Related company
Payment
Subject's payments reported to be: NO COMPLAINTS
Representative
Suitors: Mr. Houshmand Sharif Razi
Auditor: Ms. Kamelia Amouzgar Asl
Interview & Reporter Comments
In the interview
conducted with Ms. Sepideh Kashani(Secretary), she declined bank account number
citing the grounds of company confidentiality.
Name/Title: Ms. Sepideh
Kashani(Secretary)
Subject has confirmed the details provided in the report.
Conclusions
Local Reputation:
The company being investigated is believed by local reporters to be a Medium Trade
Risk.
Owner/Shareholders Comments
All or most of the owners / shareholders have an active participation in the running of the business.
Age of Business:
Old Family Business
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. |
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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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%)