MIRA
INFORM REPORT
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Report Date : |
21.09.2007 |
IDENTIFICATION DETAILS
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Name : |
AL Ghamiss Company |
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Registered Office : |
Unit 4, No.39, Sheykh Fazlollah Noori St, Western 15th Khordad Ave., Tehran |
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Country : |
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Date of Incorporation : |
1990 |
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Com. Reg. No.: |
92976 |
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Legal Form : |
Private Joint Stock Company |
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Line of Business : |
Importer and Supplier of Tea, Sugar and Etc. |
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. |
Small |
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Status : |
Moderate |
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
Company Details
Company Name: AL Ghamiss Company
Headquarter Address: Unit 4, No.39,
Western 15th
Telephone: +98 21 55166437
+98 21 55166438
+98 21 55166439
Fax: +98 21 55166436
Website: -
E-mail: -
Registration &
Legal Details
Current Legal Form: Private Joint Stock Company
Registration Address:
Unit 4, No.39,
Western 15th
Registration Number: 92976
Registration Date: 1990
Year Established: 1990
Company was originally started as Limited Liability Company in 1990 and it changed as Privet Joint Stock Company in 2006.
Capital
Currency: Iranian Rial
Nominal capital: 100,000,000
Shareholders
Name/Address % of Voting
Haji Karimloo Family %100
Principals
Name: Mr. Hooshang Haji Karimloo
Position within the company: Chairman and Managing Director
Country of Birth:
Nationality: Iranian
Can fluently speak: Farsi- English
Name: Mr. Nader Haji Karimloo
Position within the company: Member
Country of Birth:
Nationality: Iranian
Can fluently speak: Farsi- English
Name: Ms. Parisa Ansari Farshi
Position within the company: Vice-Chairman
Country of Birth:
Nationality: Iranian
Can fluently speak: Farsi- English
Name: Ms. Zahra Shariat
Position within the company: Secretary
Country of Birth:
Nationality: Iranian
Can fluently speak: Farsi- English
Company Activities
Importer and Supplier of Tea, Sugar and Etc.
Brands Names:
Zarrin Tea
Daroush
Toomatoo
Local Reporters consider the investigated company to be Small in their field of concern.
Employees
Company Employs : 10
HQ Premises
Operates from: Owned Office, Warehouse
Location:
Central Business Area,
Imports
Import%: %45 Finished Good
Import from:
Import terms: letters of credit
Additional: balance of 55% purchased via local market
Export
Subject dose not Export.
Trading & Selling
Territory: 100% Nationally
Type of Customer: Local Authorities
Terms of sales: Cash, Check
Vehicles: Total number of vehicles: 4
Related Companies
Subject Dose not any related company.
Banks
Saman Bank Corporation
Bazar Branch No. 693, West 15,
Financial
Information on Financial is not available.
Payments
Subject's payments reported to be : NO COMPLAINTS
Committee
Solicitor: Mr. Abdolrasoul Shokrani
Audit: Mr. Ali Reza Akbari
Interview
Name/Title : Ms. Zahra Shariat (Secretary)
Comment : Subject has confirmed the general details shown the report.
Comment
In the interview conducted with Ms. Zahra Shariat (Secretary), she Declined full financial information and bank account numbers citing the grounds of company confidentiality.
Conclusions
Accounts are Brief Accounts: Non Financial
Local Reputation: The company being investigated is considered by local reporters to be a High Trade Risk.
Owner/Shareholders Comments
All owners involved 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%)