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Report Date : |
02.07.2014 |
IDENTIFICATION DETAILS
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Name : |
PISHGAM NOOR TEJARAT KHAZAR COMPANY |
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Registered Office : |
No.40, Bakhshi Movaghar Alley, Mofateh Ave, Tehran |
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Country : |
Iran |
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Date of Incorporation : |
21.09.2012 |
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Com. Reg. No.: |
25188 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
Supplier of computer accessories, education learning software and materials. |
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No. of Employees : |
4 |
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 |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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Payment Behaviour : |
Unknown |
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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 – March 31, 2014
|
Country Name |
Previous Rating (31.12.2013) |
Current Rating (31.03.2014) |
|
Iran |
B1 |
B1 |
|
Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low Risk |
A2 |
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Moderately Low Risk |
B1 |
|
Moderate Risk |
B2 |
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Moderately High Risk |
C1 |
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High Risk |
C2 |
|
Very High Risk |
D |
IRAN - ECONOMIC OVERVIEW
Iran's economy is marked by statist policies, an inefficient state sector, and reliance on oil, a major source of government revenues. Price controls, subsidies, and other distortions weigh down the economy, undermining the potential for private-sector-led growth. Private sector activity is typically limited to small-scale workshops, farming, some manufacturing, and services. Significant informal market activity flourishes and corruption is widespread. New fiscal and monetary constraints on Tehran, following the expansion of international sanctions in 2012 against Iran's Central Bank and oil exports, significantly reduced Iran's oil revenue, forced government spending cuts, and fueled a 60% currency depreciation. Economic growth turned negative in 2012 and 2013, for the first time in two decades. Iran continues to suffer from double-digit unemployment and underemployment. Lack of job opportunities has convinced many educated Iranian youth to seek jobs overseas, resulting in a significant "brain drain." However, the election of President Hasan RUHANI in June 2013 brought about widespread expectations of economic improvements and greater international engagement among the Iranian public, and early in Ruhani's term the country saw a strengthened national currency and a historic boost to market values at the Tehran Stock Exchange.
|
Source
: CIA |
Company Name: PISHGAM NOOR TEJARAT
KHAZAR COMPANY
Address: No.40, Bakhshi Movaghar Alley, Mofateh Ave, Tehran, Iran
Tel: +98 21 8831 6933 / 6695 3452
Fax: +98
21 8831 6933
Website: -
E-mail: -
Company was originally started as an on
2012.
Current Legal Form: Limited Liability Company
Registration Address: No.40, Bakhshi
Movaghar Alley, Mofateh Ave
Tehran, Iran
Registration Number: 25188
Registration Date: 21/09/2012
Registration Town: Tehran
National id: -
Capital: 1,000,000
Share No:
1,000
Share Value: 1,000
Paid Up Capital: 1,000,000
No Data
Name: Mr. Javad Ghahramani
Position within the company: Manager
Country of Birth: I ran
Nationality: Iranian
Can fluently speak: Farsi-English
Name: Mr. Habib Tavasoli
Position within the company: Manager
Country of Birth: Iran
Nationality: Iranian
Can fluently speak: Farsi- English
Supplier of computer accessories, education learning software and
materials.
Local Reporters consider the investigated company to be Small in their field of concern
Company Employs: 4
Sales: 100%
Nationally
Sales to: Group companies, General Public
Sales Term: Cash, Bank
Transfer, accept credit, Letter of credit
Vehicles: 2
Operates Form:
Rented: Office
Location: Central
Business Area
No Data
Auditor: Mr. Masoud Shahini
Solicitor: Mr. Hassan Omidvar
Imports From: China
Importing Terms: Bank Transfer
Import % and type of product: 100% Finished Goods
Agency:
Shenzhen Mingxi Technology Development Company
China
Export % and type of product: Subject does not export
No Related companies
Subject's payments reported to be: Unknown
Following to the interview with Mr. Habib Tavasoli ( Manager), he refused to give us the address of the company.
Local Reputation:
The company being investigated is considered by local reporters to be a High
Trade Risk and To Be Secured.
Owner/Shareholders Comments:
None of the owners / shareholders have an active participation in the running of
the business.
Age of Business: Under 5 Year
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.60.14 |
|
|
1 |
Rs.102.83 |
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Euro |
1 |
Rs.82.28 |
INFORMATION DETAILS
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Analysis Done by
: |
DIV |
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Report Prepared
by : |
NNA |
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 |
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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 |
|
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 |
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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 |
|
<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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.