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Report Date : |
30.09.2014 |
IDENTIFICATION DETAILS
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Name : |
CHAKAD RAHNAMA KISH COMPANY |
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Registered Office : |
Unit 5, Parcel 196, |
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Country : |
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Date of Incorporation : |
17.07.2007 |
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Com. Reg. No.: |
6569 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
Provider of Credit Reports on Companies. |
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No. of Employees : |
15 |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
No Complaints |
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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 – June 1, 2014
|
Country Name |
Previous Rating (31.03.2014) |
Current Rating (01.06.2014) |
|
Iran |
B1 |
B1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
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 |
In absence of financials, no credit limit could be recommended.
Company Name: Chakad Rahnama Kish Company
Also Trade as: -
Address:
Unit 17, No.48, Tohid Yekom,
Khovardin Shahrake Gharb
Tehran, Iran
Postal Code: POBOX 14699
Telephone: +98
21 84211220 ( Ext. 98781)
+98 21 26125447
+98 21 26125448
Fax:
+98 21 88254122
Website: www.middleasiacredit.com
E-mail: info@middleasiacredit.com
History:
Former address:
21A, Bukit Gita Bayu 2A
Seri Kembangan ,
Selangor 43300
Malaysia
Date of Change: 15/06/2013
Current
Legal Form: Limited
Liability Company
Registration Address: Unit 5, Parcel 196, Kenar St,
Phase A, Safin Tower, Kish Island, Iran
Start Date: 17 July 2007
Registration Number: 6569
Registration Date: 17 July 2007
Registration Town: Kish Island
Currency: Iranian Rials
Nominal capital: 5,000,000,000
|
Number of Shares: 5,000,000 |
Type of Shares: |
|
Issued Shares: |
Value per share: 1,000 |
|
Shareholder Names |
% of Voting/Non-Voting Capital |
|
Mr.Foad Ariana |
50% |
|
Mrs.
Laiyla V. Elhami |
50% |
Name:
Mr. Foad Ariana
Position within the company: Chairman & Managing Director
Country of Birth: Iran
Nationality: Iranian
Can fluently speak: Farsi- English
Name:
Mrs.
Laiyla V.Elhami
Position within the company: Business Development Manager
Country of Birth: Iran
Nationality: Iranian
Can fluently speak: Farsi- English
Name: Mr. Fereydoun Minovi
Position within the company: Admin Manager
Country of Birth: Iran
Nationality: Iranian
Can fluently speak: Farsi- English
Provider of Credit Reports on companies in CIS , Asia, Africa and Middle
East Countries.
Brands: Kish Credit
Member of:
·
FACIB
( The Finance, Credit & International Business Association)
·
Canada Credit Institute
Agencies:
No.471, Bin Daher St, Ras al Kimah
Dubai, UAE
Al-Boshojaa Office
25 St, section 909
Baghdad, Iraq
68 Building, Medhat Basha
Damascus, Syria
#10, South Corniche Road
Al Khobar, Saudi Arabia
29/10 Moo 2, SapanNonthaburi-Bangbuathong 345 Rd T. Lumpho
A. Bangbuathong, Nonthaburi 11110
,Thailand
140, bdIbnSina - ex Avicenne, hay Salam
20210 Casablanca ,Morocco
410/120,BauddhalokaMawatha
Colombo 7 ,Sri Lanka
Savi 10 80010
Pärnu, Estonia
Juros g. 14 92127
Klaipeda, Lithuania
ZmajJovina 20 21000
Novi Sad, Serbia
Other agencies in: Almaty- Kazakhstan,
Ulaanbaatar- Mongolia, Hanoi-Vietnam, Philippine, China, Tajikistan
Local Reporters consider the investigated company to be
Medium in their field of concern.
Employees
Company Employs: 15
Network of 30
business persons as freelancers in CIS, Asia, Africa and Middle East.
HQ Premises
Operates from: Owned, Office ( 350 sqm)
Location: Central
Business Area
Imports
No Import
Exports
No Export
Trading and Selling
Territory: 0% Nationality,
100% Internationally
Type of Customer: Group Companies, Credit agencies, Banks
Terms of sales: letters of credit
Vehicles: Total number of vehicles:
4
No related
companies
CIMB BANK
SWIFT: CIBBMYKL
Bank Address: 15, Jalan Solaris, Solaris
Mont Kiara, 50480 Kuala Lumpur , Malaysia
Solicitor: Mrs. Neda Shakouri
Auditors:
Mr. Saeed Tahmaseb
Subject's payments reported to be:
Non- Complaint
Name/Title: Mr. Fereydoun Minovi - Admin Manager
The
subject confirmed it.
Local Reputation: The company being investigated is considered by local reporters to be a
Normal Trade Risk and to be fair.
Owner/Shareholders Comments:
All 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.61.43 |
|
|
1 |
Rs.99.73 |
|
Euro |
1 |
Rs.77.93 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
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|
|
|
Report Prepared
by : |
NIT |
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 |
|
|
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 |
|
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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 |
|
|
-- |
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.