MIRA
INFORM REPORT
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Report Date : |
11.10.2008 |
IDENTIFICATION
DETAILS
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Name : |
MAJEED BEGHAR |
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Registered Office : |
# 50 H Kohandezh Avenue Esfahan |
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Country : |
Iran |
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Date of Incorporation : |
12.11.1999 |
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Com. Reg. No.: |
96820 |
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Legal Form : |
Proprietorship |
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Line of Business : |
Importer of all kinds of products based on the demands of it's clients
such as Building materials, industrial equipment, foodstuff and etc. |
RATING &
COMMENTS
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MIRA’s Rating : |
Ca |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Status : |
Moderate |
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
Company
Details
Company Name: Majeed Beghar
Headquarter Address: # 50 H Kohandezh Avenue Esfahan, Iran
Tel: +98 311 7385990
Fax: +98 311 7385990
Registration
& Legal Details
Current Legal Form: Proprietorship
Registration Address: # 50 H Kohandezh Avenue Esfahan
Iran
Registration Number: 96820
Registration Date: 12/11/ 1999
Start Date: 12/11/ 1999
Registration Town: Esfahan
Capital
Nominal capital: 10,000,000 Iranian
Rials
Shareholders
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Shareholder Names |
% Share |
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Majeed Beghar Esfahan, Iran |
100% |
Principals
Name:
Mr. Majeed Beghar
Position within the
company: Managing Director
Country of Birth: Iran
Nationality: Iranian
Can fluently speak: Farsi
Name:
Mr. Saber Ehteshami
Position within the
company:
Director
Country of Birth: Iran
Nationality: Iranian
Can fluently speak: Farsi
Name: Mrs. Nasrin Heshmat
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 demands of
it's clients such as Building materials, industrial equipment, foodstuff and
etc.
Employees
Company Employs: 4
HQ Premises
Operates from: Rented Office
Location: Central Business Area
Imports
Imports: India, China
Import%:
20%
Import from: Far East
Import terms: letters of credit
Additional: balance of 80% purchased via
local market
Export
It doesn't 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
It doesn't have any related companies
Banks
Bank Meli Iran
Branch: Main
Esfahan, Iran
Financial
Information
Source:
Mrs. Nasrin Heshmat
Currency: Iranian Rials
Figures: Estimates
|
Months |
Sales figures |
Sales |
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12 |
29/03/2007 |
2,000,000,000 |
|
12 |
29/03/2006 |
1,800,000,000 |
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12 |
29/03/2005 |
1,600,000,000 |
Payments
Subject's payments reported to be: NO COMPLAINTS
interview
& reporter comments
Name/Title: Mrs. Nasrin Heshmat
In the interview conducted with Mrs. Nasrin Heshmat ( Secretary )she declined
bank account numbers and full 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 a known on Iran market.
Owner/Shareholders Comments:
Some of owners involved in the running of
the business
Age of Business: Old Business
FOREIGN EXCHANGE
RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.48.72 |
|
UK Pound |
1 |
Rs.82.17 |
|
Euro |
1 |
Rs.65.90 |
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%)