MIRA INFORM REPORT

 

 

 

Report Date :

07.07.2008

 

IDENTIFICATION DETAILS

 

Name :

PARS OMRAN ZARIN CO LTD

 

 

Registered Office :

30th Floor No. 29 Molaei St, TSP of Valisar Sq Tehran

 

 

Country :

Iran

 

 

Date of Incorporation :

07.06.2007

 

 

Com. Reg. No.:

296483

 

 

Legal Form :

Limited Liability Company   

 

 

Line of Business :

Supplier and Importer of all kinds of products based on the demand's it's clients particular in construction equipments and building materials.

 

 

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.

Small

 

Status :

New Company

 

 

Payment Behaviour :

No Complaints

 

 

Litigation :

Clear

 

 

 

 

 

Company Details

 

Company Name:            Pars Omran Zarin Co Ltd

 

 

Headquarter Address:     30th Floor No. 29 Molaei St, TSP of Valisar Sq

                                                 Tehran, Iran

 

Tel:                                 +98 21 33974218

                                          

                                      

Fax:                                 +98 21 33974218                                          

                                         

 

                          

                                                                                                                           

 

 

 

 

 

 

 

Registration & Legal Details

 

Current Legal Form:           Limited Liability Company    

 

Registration Address:       30th Floor No. 29 Molaei St, TSP of Valisar Sq

                                            Tehran, Iran

 

 

 

 

Registration Number:             296483

 

Registration Date:                  07/06/2007

 

Start Date:                               07/06/2007

Registration Town:                 Tehran

 

 

 

 

 

 

Capital 

 

Currency:                                     Iranian Rials

Nominal capital:                          100,000,000

 

 

Shareholders

 

 

Shareholder Names

 

 

Share%

 

Mr. Rohollah Rajaei Harandi

 

50%

 

 

Mrs. Afsaneh Sadat Ahmadi

50%

 

 

 

 

Principals

 

Name:                                            Mr. Rohollah Rajaei Harandi

Position within the company:     Chairman, Managing Director

Country of Birth:                          Iran

Nationality:                                   Iranian

Can fluently speak:                     Farsi

 

 

 

Name:                                            Mrs. Afsaneh Sadat Ahmadi

Position within the company:      Vice Chairman

Country of Birth:                           Iran

Nationality:                                    Iranian

Can fluently speak:                       Farsi

 

 

 

Name:                                              Ms. Elham Alimardani

Position within the company:       Secretary

Country of Birth:                            Iran

Nationality:                                     Iranian

Can fluently speak:                        Farsi

 

 

 

 

 

 

 

Company Activities

 

Supplier and importer of all kinds of products based on the demand's it's clients particular in construction equipments and building materials.

 

 

Operations

 

 

Employees 

    

Company Employs:                 6

 

       

HQ Premises

 

Operates from:     Rented Office

                               

 Location:              Central Business Area

 

 

Imports

 

Imports:                                   Finished Goods

Import%:                                 10%

Import from:                           China, India

Import terms:                          letters of credit

Additional:                              balance of 90% purchased via local market

 

 

Export

 

The subject doesn't have any export.

 

 

Trading & Selling

 

Territory:                          100 % Nationality

Type of Customer:          General Public, Local Authorities

Terms of sales:                Cash, letters of credit

Vehicles:                            Total number of vehicles: 1

 

 

 

        

 

Related Companies

 

Subject dose not have related company.

 

 

 

Banks

 

Tejarat Bank

Tehran

Iran

 

 

Financial Information

 

The subject declined financial information

 

 

Payments

 

Subject's payments reported to be: NO COMPLAINTS

 

 

interview & reporter comments

 

Name/Title:                    Ms. Elham Alimardani ( Secretary)

 

In the interview conducted with Ms. Elham Alimardani ( Secretary)

she declined  bank account numbers and financial information citing the grounds of  Company confidentiality.

 

 

Conclusion

 

Local Reputation: The company being investigated is considered by local reporters to be a 

High Trade Risk and to be secured, the company is not known on Iran market.

 

 

Owner/Shareholders Comments:

All  of owners involved in the running of the business

 

Age of Business: New Family Business

 

 

 

 

 

 

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.43.12

UK Pound

1

Rs.85.08

Euro

1

Rs.67.41

 

 

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.

 

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