MIRA INFORM REPORT

Report Date :

18.11.2011

IDENTIFICATION DETAILS

Name :	SHERKAT ZOMOROD TEJARAT JONOUB PART COMPANY

Formerly Known As :	SHERKAT ZOMOROD TEJARAT

Registered Office :	Unit 4, 15 Bldg, 6 Alley, 20 meteriSaadi Cinema Shiraz

Country :	Iran

Date of Incorporation :	12.11./2010

Com. Reg. No.:	31102

Legal Form :	Limited Liability Company

Line of Business :	Supplier of all kinds of products based on the demands of its clients, from food products to chemical products.

RATING & COMMENTS

MIRA’s Rating :

RATING		STATUS	PROPOSED CREDIT LINE
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

Status :	Moderate
Payment Behaviour :	No Complaints
Litigation :	Clear

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 – September 30, 2011

Country Name

Previous Rating

(30.06.2011)

Current Rating

(30.09.2011)

Iran

Risk Category	ECGC Classification
Insignificant	A1
Low	A2
Moderate	B1
High	B2
Very High	C1
Restricted	C2
Off-credit	D

Company Details

Company Name: SHERKAT ZOMOROD TEJARAT JONOUB PART COMPANY

Also Known as: SHERKAT ZOMOROD TEJARAT

Address: Unit 4, 15 Bldg, 6 Alley, 20 meteriSaadi Cinema

Shiraz, Iran

Postal Address:

Tel: + 98 917 172 0252

Fax: -

Website: -

E-mail: zomorod.tejarat@hotmail.com

Registration & Legal Details

Current Legal Form: Limited Liability Company

Registration Address: Unit 4, 15 Bldg, 6 Alley, 20 meteriSaadi Cinema

Shiraz, Iran

Registration Number: 31102

Established Date: 12/11/2010

Registration Date: 12/11/2010

Registration Town: Shiraz

Capital

Nominal Capital: 1,000,000 Iranian Rials

Shareholders

Shareholder Names

Share%

Mrs. ZeynabBazrafkan

80%

Mrs. FaribaDinari

20%

Principals

Name: Mrs. ZeynabBazrafkan

Position within the company: Chairman, Managing Director

Country of Birth: Iran

Nationality: Iranian

Can fluently speak: English, Persian

Name: Mrs. FaribaDinari

Position within the company: Member

Country of Birth: Iran

Nationality: Iranian

Can fluently speak: English, Persian

Name: Mrs. HodaEmami

Position within the company: Office Manager

Country of Birth: Iran

Nationality: Iranian

Can fluently speak: English, Persian

Activations

Supplier of all kinds of products based on the demands of its clients, from food products to chemical products.

Operations

Company Employs: 5

Sales: %100 Nationality

Sales to: General Public, Companies Group

Sales Term: Cash, Letters of Credit

Vehicles: 3

HQ Premises

Operates Form: Rented: Office

Location: Business Area

Bankers

SaderatBank

Financial

The subject declined it.

Imports

Imports From: Worldwide

Importing Terms: Letters of Credit

Import % and type of product: 100% Finished Goods

Export

It doesn’t export.

Related Companies

It doesn’t have any related companies.

Payment

Subject's payments reported to be: NO COMPLAINT

Interview & Reporter

COMMENTS

Name/Title: Mrs. HodaEmami - Office Manager

Subject refused to cooperate with us.

Note: The registered name of company is SHERKAT ZOMOROD TEJARAT JONOUB PART COMPANY.

Conclusions

Local Reputation:

The company being investigated is considered by local reporters to be aHigh

Trade Risk and to be secured.

Owner/Shareholders Comments:

All of the owners / shareholders have an active participation in the running of the

business.

Age of Business: Old family business

Max Credit: EUR 4,000

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.50.72
UK Pound	1	Rs.79.88
Euro	1	Rs.68.46

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 Business	--

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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