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Report No. : |
315040 |
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Report Date : |
04.04.2015 |
IDENTIFICATION DETAILS
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Name : |
TANDIS SAZAN ILIA COMPANY |
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Registered Office : |
No.27, Apt.4 Shavakh St, Sefidkooh St, Tehran Nou Ave |
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Country : |
Iran |
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Date of Incorporation : |
30.04.2008 |
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Com. Reg. No.: |
321667 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
Importer of industrial and agricultural machinery, food
and plastics and detergents, medical and laboratory equipment. |
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No. of Employee : |
7 |
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 : |
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 – December 31, 2014
|
Country Name |
Previous Rating (30.09.2014) |
Current Rating (31.12.2014) |
|
Iran |
B1 |
B1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
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Moderate |
B1 |
|
High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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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 |
Company Name: TANDIS SAZAN ILIA COMPANY
Company Trade Name: -
Address: No.27,
Apt.4 Shavakh St, Sefidkooh St, Tehran Nou Ave
Tehran, Iran
Postal Code: 1747653141
P.O.BOX: -
Telephone: +98 21 77539167, 77514490, 88520202
Fax:
+98 21
77539167,88746791
Website: www.tandissazanilia@yahoo.com
E-mail: info@tandissazanilia.com
Current Legal Form: Limited Liability Company
Registration Address: No.44, Apt.4 Shavakh St, Sefidkooh
St, Tehran Nou Ave
Tehran, Iran
Start Date: 30/04/2008
Registration Number: 321667
Registration Date: 30/04/2008
Registration Town: -
National Code ID: 10103606399
Nominal Capital: 599,000,000
Share No: 599,000
Share Value: 1,000
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Shareholder
Names |
|
Mr. Seyed Hassan Hosseini 60 % |
|
Mr. Jahan Bakhsh Sahari 40 % |
Name:
Mr. Seyed Hassan Hosseini
Position within the company: Chairman
Country of Birth: Iran
Nationality: Iranian
Can fluently speak: Farsi- English
Name:
Mr. Jahan Bakhsh Sahari
Position within the company: Member&
Managing Director
Country of Birth: Iran
Nationality: Iranian
Can fluently speak: Farsi- English
Name:
Mr. Hossein Nouri
Position within the company: Manager
Country of Birth: Iran
Nationality: Iranian
Can fluently speak: Farsi- English
Importer of industrial and agricultural
machinery, food and plastics and detergents, medical and laboratory equipment.
Local Reporters consider the investigated company to be
small in their field of concern.
-
Company Employs: 7
Operates from: Rented, Office, Warehouse
Location: Central Business
Area, Main Road
Import %: 40% Finished Goods
Import term: Bank Transfer
Import from: China, Germany
It doesn’t any export.
Territory: 100 %
Nationality
Type of Customer: Group Companies, Retailers
Terms of sales: letters of credit
Vehicles: Total number of vehicles:
3
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Sepah Bank
Branch:-
Auditor: Mr. Sajad Imani
Solicitor: Mr. Parham Rahmani
Subject's payments reported to be: Non-
Complaint
Name/Title: Mr. Jahan Bakhsh Sahari
The subject confirmed it.
Local Reputation: The company being investigated is considered by local reporters to be a
High 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.62.59 |
|
|
1 |
Rs.92.46 |
|
Euro |
1 |
Rs.67.51 |
INFORMATION DETAILS
|
Analysis Done by
: |
SUB |
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|
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Report Prepared
by : |
SDA |
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 |
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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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.