MIRA
INFORM REPORT
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Report Date : |
20.06.2008 |
IDENTIFICATION
DETAILS
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Name : |
SAHAR PRESTIGIOUS COMMODITY PTY LTD |
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Registered Office : |
18 Perfection Avenue Stanhope Gardens, New South Wales
2768 |
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Country : |
Australia |
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Date of Incorporation : |
27.09.2000 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
Import and Distribution of Rugs and related Floor Coverings. |
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 : |
Small Company |
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
REGISTERED NAME
SAHAR PRESTIGIOUS COMMODITY PTY LTD
ACN: 094 606 809
ABN: 48 094 606 809
CORPORATE SEARCH
Incorporation
Date: 27 Sep 2000
Incorporation
State: New South Wales
Registered Office 18
PERFECTION Avenue
STANHOPE
GARDENS, New South Wales 2768 Australia
Number
of Shares Issued: 3
Paid
Capital: $3
Shareholders MOJTABA
SARABI
Number of Shares: 1
Shareholder Name: SAMANEH SARABI
Number of Shares: 1
Shareholder Name: SEDIGHEH ZAKIPOUR
Number of Shares: 1
Directors SARABI,
MOJTABA
Appointment Date: 27 Sep 2000
Date of Birth: 06 Feb 1955
Gender: Male
Address: 18 PERFECTION Avenue STANHOPE GARDENS, New South
Wales 2768 Australia
Resident Overseas: No
SARABI, SAMANEH
Appointment Date: 27 Sep 2000
Date of Birth: 02 May 1981
Gender: Female
Address: 18 PERFECTION Avenue STANHOPE GARDENS, New South
Wales 2768 Australia
Resident Overseas: No
ZAKIPOUR, SEDIGHEH
Appointment Date: 27 Sep 2000
Date of Birth: 22 Nov 1953
Gender: Female
Address: 18 PERFECTION Avenue STANHOPE GARDENS, New South
Wales 2768 Australia
Resident Overseas: No
Secretary MOJTABA
SARABI
Appointment
Date: 27 Sep 2000
BUSINESS STRUCTURE
TRADING ADDRESS Unit
9, 160 Giba Rd
GIRRAWEEN,
NSW 2145
TELEPHONE (612) 9636 6605
BANK COMMONWEALTH
BANK OF AUSTRALIA
EMPLOYEES 4
(including 3 Directors)
BACKGROUND
The subject was incorporated in New South Wales on 27 September 2000
under the current style.
Operations were established in 1999.
OPERATIONS
The subject operates in the import and distribution of rugs and related
floor coverings.
Activities are conducted from premises located at the above listed
trading address.
ADVERSE
A search of the of Credit Advantage Limited failed to trace any
litigation listed against the subject at that date.
FINANCES
The subject is not required to lodge financial statements with the Australian Securities and Investments Commission.
During the current interview conducted with Director, Mojtaba Sarabi, he confirmed the subjects search and operational details, however declined to provide any financial or trading information as a matter of strict company policy.
Subsequently details in this regard were unable to be obtained during the current investigation.
TRADE SURVEY
The subject is noted to import most requirements. Details pertaining to the subject’s local suppliers were not provided.
A trade survey on the subject was subsequently unable to be conducted.
SUMMARY
The subject was incorporated in New South Wales on 27 September 2000
under the current style.
Operations were established in 1999.
Details pertaining to the subject’s financial and trading position were unable to be obtained for the current enquiry.
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%)