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Report No. : |
327231 |
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Report Date : |
20.06.2015 |
IDENTIFICATION DETAILS
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Name : |
FARMED
TAJHIZ COMPANY |
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|
|
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Registered Office : |
Unit 8, 4th Floor,
No.235, After Sarafraz St-1587618818,
Motahari St , Tehran |
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|
|
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Country : |
Iran |
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Date of Incorporation : |
07.11.2007 |
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|
|
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Legal Form : |
Limited Liability Company |
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|
|
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Line of Business : |
Subject
is importer of medical and laboratory
equipment,neurology and pt devices, biofeedback &neurofeedback devices,
analysis sleep . |
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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 |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively below
average. |
Small |
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Status : |
Small Company |
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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 – March 31, 2015
|
Country Name |
Previous Rating (31.12.2014) |
Current Rating (31.03.2015) |
|
Iran |
B1 |
B1 |
|
Risk Category |
ECGC Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
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Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
IRAN - ECONOMIC OVERVIEW
Iran's economy is marked by statist policies, inefficiencies, and reliance on oil and gas exports, but Iran also possesses significant agricultural, industrial, and service sectors. The Iranian government directly owns and operates hundreds of state-owned enterprises and indirectly controls many companies affiliated with the country's security forces. Distortions - including inflation, price controls, subsidies, and a banking system holding billions of dollars of non-performing loans - weigh down the economy, undermining the potential for private-sector-led growth. Private sector activity includes small-scale workshops, farming, some manufacturing, and services, in addition to medium-scale construction, cement production, mining, and metalworking. Significant informal market activity flourishes and corruption is widespread. Fiscal and monetary constraints, following the expansion of international sanctions in 2012 on Iran's Central Bank and oil exports, significantly reduced Iran's oil revenue, forced government spending cuts, and sparked a sharp currency depreciation. Iran’s economy contracted for the first time in two decades during both 2012 and 2013, and grew only slightly 2014. Iran continues to suffer from high unemployment and underemployment. Lack of job opportunities has prompted many educated Iranian youth to seek employment overseas, resulting in a significant "brain drain." In June 2013, the election of President Hasan RUHANI generated widespread public expectations of economic improvement and greater international engagement. In connection with ongoing international negotiations over Iran’s nuclear program the limited sanctions relief for Iran provided under the Joint Plan of Action of November 2013, helped to forestall the decline in the economy in 2014.
|
Source
: CIA |
FARMED TAJHIZ
COMPANY
Unit
8, 4th Floor, No.235, After
Sarafraz St, Motahari St , Tehran,
Iran
Postal Code: 1587618818
P.O.BOX: -
Telephone: + 98 21 88503633
Fax: + 98
21 88525104, 88547367
Website: www.farmedtajhiz.com
E-mail: info@farmedtajhiz.com
Current
Legal Form: Limited
Liability Company
Registration
Address: No.235, After
Sarafraz St, Motahari St
Tehran1587618818, Iran
Start
Date: 07/11/2007
Registration
Number: 309660
Registration
Date: 07/11/2007
Registration
Town: Tehran
National Code ID: 10103473435
Nominal
Capital: 500,000,000
Share
No: 5,000,000
Share
Value: 100
|
Shareholder
Names |
|
Mr.
Amir Hossein Khirieh 50% |
|
Mr.
Ghasem Dolati 50% |
Name: Mr.
Amir Hossein Khirieh
Position
within the company: Managing Director& Vice Chairman
Country
of Birth: Iran
Nationality: Iranian
Can
fluently speak:
Farsi- English
Name:
Mr.
Ghasem Dolati
Position
within the company: Chairman
Country
of Birth: Iran
Nationality: Iranian
Can
fluently speak:
Farsi- English
Name:
Mr.
Mohsen Mardi
Position
within the company: Manager
Country
of Birth: Iran
Nationality: Iranian
Can
fluently speak:
Farsi- English
Importer
of Medical and laboratory
equipment,neurology and PT devices, biofeedback &neurofeedback devices,
analysis sleep .
Local Reporters consider the investigated company to be Small
in their field of concern
Brands:
Cafwell, Neuroconn,Magstim ,
Thought
Company Employs:7
Operates from: Rented, Office, Warehouse
Location: Central Business
Area, Main Road
Import %: 45%- Finished Goods
Import
term: Bank Transfer
Import
from: China, India
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: 2
Sepah
Bank
Branch:-
Auditor: Mr. Kamyar Zafari
Solicitor:
Mr. Pouya Asghari
Subject's
payments reported to be: Non- Complaint
Name/Title: Mr. Amir
Hossein Khirieh
Local Reputation:
The company being investigated is considered by local reporters to be a
Medium 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.63.82 |
|
|
1 |
Rs.101.26 |
|
Euro |
1 |
Rs.72.36 |
INFORMATION DETAILS
|
Analysis Done by
: |
KAR |
|
|
|
|
Report Prepared
by : |
ASH |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.