MIRA
INFORM REPORT
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Report Date : |
09.01.2008 |
IDENTIFICATION
DETAILS
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Name : |
CLARD AMOL COMPANY |
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Registered Office : |
Unit 10, Simorgh Bldg, Next To Boostan 3th St, Pasdaran Ave, Tehran |
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Country : |
Iran |
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Date of Incorporation : |
1999 |
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Com. Reg. No.: |
178931 |
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Legal Form : |
Privet Joint Stock Company |
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Line of Business : |
Manufacturing kinds of House-hold cleaning equipment and glass
washer, Kitchen cloths, dusters, brushes and brooms, Sweepers and Polishers,
buckets |
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 : |
No Complaints |
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Litigation : |
Clear |
Company
Details
Reference No : 46361
Company Name : Clard Amol Company
Headquarter Address : Unit 10, Simorgh Bldg, Next To Boostan 3th St
Pasdaran Ave
Tehran
Iran
Tel : +98 21 22588793
+98 21 22546454
+98 21 22588794
Fax : +98 21 22954673
Website : www.clard.com
E-mail : info@clard.com
Company was originally started on 1999
Registration
& Legal Details
Current Legal Form : Privet Joint Stock Company
Registration Address : Unit 10, Simorgh Bldg, Next To Boostan 3th St
Pasdaran Ave
Tehran
Iran
Registration Number : 178931
Registration Date : 1999
Year Established : 1999
Registration Town : Tehran
Capital
Currency : Iranian Rials
Nominal capital :
200,000,000
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Number of Shares: 2,000 |
Type of Shares: None Selected |
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Issued Shares: - |
Value per share: IRI 100,000.00 |
Shareholders
Information on shareholder is not available
Principals
Name: Mr. Hamid Lolo
Position within the
company: Managing director
Country of Birth: Iran
Nationality: Iranian
Can fluently speak: Farsi- English
Name: Mr. Ahmad Mohamadi
Position within the
company: Director
Country of Birth: Iran
Nationality: Iranian
Can fluently speak: Farsi- English
Name: Mr. Mohamad Jamali
Position within the
company: Director
Country of Birth: Iran
Nationality: Iranian
Can fluently speak: Farsi, English
Company
Activities
Manufacturing kinds of
House-hold cleaning equipment and glass washer, Kitchen cloths, dusters,
brushes and brooms, Sweepers and Polishers, buckets
Local Reporters consider the investigated company to be Medium their field of concern.
Operations
Employees
Company Employs: 35
HQ Premises
Operates from: Owned Office, Warehouse, Factory
Location: Central Business Area, Main Road
Imports
Imports: Finished Goods
Import%: 20%
Import from:
Europe, China, Turkey
Import terms:
letters of credit
Additional:
balance of 80% purchased via local market
Export
Subject dose not export.
Trading
& Selling
Territory: 100%
National,
Type of Customer: General Public, Local
Authorities
Terms of sales: Cash, letters of
credit
Vehicles: Total number of vehicles: 8
Related
Companies
Subject dose not have any related company.
Banks
Bank Melli
Tehran
Iran
Bank Sepah
Tehran
Iran
Financial
Information
Information on financial is not available.
Payments
Subject's payments reported to be: NO COMPLAINTS
interview
& reporter comments
Date: 08/01/2008
Name/Title: Ms. Parnian(Secretary)
In the interview conducted with Ms. Parnian(Secretary), She declined bank account numbers citing the grounds of Company confidentiality.
Conclusion
Local Reputation: The company being investigated is considered by local reporters to be a
Medium Trade Risk.
General Conclusion:
Local informants consider granting of credit to be a fair trade risk.
Owner/Shareholders Comments:
Some of owners
involved in the running of the business
Age of Business: Old 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%)