MIRA
INFORM REPORT
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Report Date : |
18.08.2011 |
IDENTIFICATION DETAILS
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Name : |
NOOR INTERNATIONAL METAL TRADING CO. PVT. LTD. |
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Registered Office : |
41 Unit, Abrisham Blvd, Besat Ave, Fadaianeslam St Tehran,
Iran, P O Box 1837673966 |
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Country : |
Iran |
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Year of Establishment : |
1975 |
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Legal Form : |
-- |
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Line of Business : |
Manufacture and exporter of non-ferrous &
ferrous scrap metals. |
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 : |
Unknown |
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Litigation : |
-- |
NOTES :
Any query related to this report can be made
on e-mail: infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – March 31st, 2011
|
Country Name |
Previous Rating (31.12.2010) |
Current Rating (31.03.2011) |
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Iran |
B1 |
B1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
Company
Details
Company
Name: Noor International
Metal Trading Co. Pvt. Ltd.
Headquarter
Address: 41 Unit, Abrisham Blvd, Besat Ave,
Fadaianeslam St
Tehran,
Iran, P O Box 1837673966
Tel: +98 21 55188319
+98 21
55188320
Mobile: +98 937
7564707
Fax: +98 21 55189044
Website: www.noormetal.com
Registration
& Legal Details
Current Legal Form: -
Registration Address: -
Registration Number: -
Registration Date: -
Start Date: 1975
Registration Town: Tehran
NOTE: THE COMPANY IS NOT REGISTERED IN THE REGISTRY
OFFICE OF IRAN, IT SHOULD BE REGISTER IN PAKISTAN.
Capital
Currency: Iranian Rials
Nominal capital: -
Shareholders
It declined it.
Principals
Name: Mr. Hokmollah Noori
Position within the company: Founder, Managing Director
Country of Birth:
Iran
Nationality: Iranian
Can fluently speak: Farsi
E-mail:
H.noori@Noormtalgroup.com
Name: Mr. Mehdi Noori
Position within the company: Commercial Director
Country of Birth: Iran
Nationality: Iranian
Can fluently speak: Farsi
E-mail: M.noori@noormetalgroup.com
Mobile: +98
912 2526027
Name: Mr. Kamyar Salehi
Position within the company: Sales/Export Director
Country of Birth: Iran
Nationality: Iranian
Can fluently speak: Farsi
Mobile: +98
937 7564707
Name: Mr. Beitollah Noori
Position within the company: Finance Director
Country of Birth: Iran
Nationality: Iranian
Can fluently speak: Farsi
Mobile: +98
912 7218218
Name: Mr. Hadi Noori
Position within the company: Purchase Director
Country of Birth: Iran
Nationality: Iranian
Can fluently speak: Farsi
Mobile: +98
912 6201795
Company
Activities
Manufacture and exporter of non-ferrous &
ferrous scrap metals.
Branches:
No.973, Next to Hazrate Abolfazl Mosque
Emamzadeh Ebrahim St
Qom 3718837585, Iran
Tel: +98 251 8840891
Fax: +98 251 8840891
Local Reporters consider the investigated company to be
SMALL their field of concern.
Operations
Employees
Company Employs: 77
HQ Premises
Operates from: Rented Office, Warehouse
Location: Central Business Area
Imports
Imports : Finished Goods
Import%: 15%
Import from: Pakistan
Import terms: letters of credit
Export
Export to: Europe, Asia
Export %: 90%
Export term: Letters of Credit
,
Trading
& Selling
Territory: 90 % Internationally –
10 % Internationally
Type of Customer: Group Companies
Terms of sales: Cash, letters of credit
Vehicles: Total number of vehicles: 5
Related
Companies
Subject dose not have any related company.
Banks
Melli Bank
Tehran
Iran
Tejarat Bank
Tehran
Iran
interview
& reporter comments
Name/Title: Ms. Husseini ( Office Manager)
In the interview conducted with Ms. Husseini ( Office Manager) , she refused to cooperate with us.
Conclusion
Local Reputation: The company being investigated is considered by local reporters to be a HIGH
TRADE RISK AND TO BE SECURED.
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.45.37 |
|
|
1 |
Rs.74.56 |
|
Euro |
1 |
Rs.65.33 |
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 |
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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NB |
New Business |
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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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.