MIRA INFORM REPORT

 

 

Report Date :

16.02.2011

 

IDENTIFICATION DETAILS

 

Name :

SUPPLY & ENGINEERING S.G.P. COMPANY

 

 

Registered Office :

No. 24, Apt. No. 19, 6th St. Assad Abadi Ave, Tehran

 

 

Country :

Iran

 

 

Year of Establishment :

2000

 

 

Legal Form :

---

 

 

Line of Business :

Supplier of all Kinds of Products Based on the Demands of Clients such as Industrial Machineries and Industrial Materials.

 

RATING & COMMENTS

 

MIRA’s Rating :

C

 

RATING

STATUS

PROPOSED CREDIT LINE

<10

C

Absolute credit risk exists. Caution needed to be exercised

Credit not recommended

 

Status :

Not Registered in Iran

 

 

Payment Behaviour :

--

 

 

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 – June 30, 2010

 

Country Name

Previous Rating

                   (01.04.2010)                  

Current Rating

(30.06.2010)

Iran

B1

B1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 

Company Details

 

Company Name:                                    Supply & Engineering S.g.p. company

Address:                                               No. 24, Apt. No. 19, 6th St. Assad Abadi Ave

Tehran, Iran

Postal Address:                         -

Tel:                                              +98 2188982423, 88982425

Fax:                                             +98 21 88983698

Website:                                                -

E-mail:                                       -

 

                                                   

Registration & Legal Details

 

Current Legal Form:                        THE SUBJECT IS NOT REGISTRED IN IRAN

Registration Address:                     No. 24, Apt. No. 19, 6th St. Assad Abadi Ave

                                                          Tehran, Iran

Registration Number:                     -

Established Date:                            -

Registration Date:                          2000

Registration Town:                         -

 

 

Capital

 

Currency:                                           Iranian Riyals

Nominal capital:                                THE SUBJECT IS NOT REGISTRED IN IRAN

 

 

Shareholders

 

THE SUBJECT IS NOT REGISTRED IN IRAN

 

 

Principals

                            

Name:                                                  Mr. Hamed Alaei

Position within the company:              Director

Country of Birth:                                  Iran

Nationality:                                          Iranian

Can fluently speak:                              Farsi

 

Name:                                                  Mrs. Nafiseh Sharghi

Position within the company:              Director

Country of Birth:                                  Iran

Nationality:                                          Iranian

Can fluently speak:                              Farsi

 

Name:                                                  Mr. Amin Kavousi

Position within the company:              Director

Country of Birth:                                  Iran

Nationality:                                          Iranian

Can fluently speak:                              Farsi

 

 

Activations

 

Supplier of all kinds of products based on the demands of clients such as industrial machineries and industrial materials.

 

Local Reporters consider the investigated company to be Small  in their field of concern

 

 

Operations   

      

 Company Employs:               7                  

 

 Sales:                                       100%Nationally

 Sales to:                                  Group companies, General Public

                                              

 

 Sales Term:                             Cash, Bank Transfer, accept credit, Letters of credit

 Vehicles:                                  2

 

 

HQ Premises

 

Operates Form:                           Rented Office, Warehouse

                                                   

Location:                                    Central Business Area, Main Road

 

 

Bankers

        

Tejarat Bank

            

              

Financial

 

Information Financial is not available/applicable

 

 

Imports

                                     

Imports From:                                       India, Sri Lanka

Importing Terms:                                  Bank Transfer

Import % and type of product:            100% Raw Material

 

 

Export

        

It doesn't export.

 

 

Related Companies

 

It doesn't have any related companies.

 

 

Payment

        

Subject's payments reported to be:  NO COMPLAINTS

 

 

Interview & Reporter Comments

 

Name/Title: Mrs. Nafiseh Sharghi- Director

Subject refused to cooperate with us completely.

 

 

Conclusions

 

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 the owners / shareholders have an active participation in the running of the business.

 

Age of Business: Old Business

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.45.45

UK Pound

1

Rs.72.90

Euro

1

Rs.61.43

 

 

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

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

----

NB

New Company

----

 

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%)

 

 

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This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.