|
Report No. : |
337372 |
|
Report Date : |
09.09.2015 |
IDENTIFICATION DETAILS
|
Name : |
TARANNOM SHARGH INTERNATIONAL TRANSPORTATION COMPANY |
|
|
|
|
Registered Office : |
No.5, 1st floor, Bozorgmehr 22, Sajjad Blvd, Mashhad |
|
|
|
|
Country : |
Iran |
|
|
|
|
Date of Incorporation : |
16.02.1994 |
|
|
|
|
Com. Reg. No.: |
7786 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
The subject is involved in transportation of the goods by sea and
trucks. |
|
|
|
|
No. of Employee : |
12 |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Status : |
Moderate |
|
Payment Behaviour : |
Unknown |
|
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 |
|
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 |
Company Name:
TARANNOM SHARGH INTERNATIONAL
TRANSPORTATION COMPANY
Company Trade Name: Tarannom Shargh Intl TPT Company
Address: No.5, 1st
floor, Bozorgmehr 22, Sajjad Blvd, Mashhad, Iran
Postal Code:
-
P.O.BOX: -
Telephone:
+ 98 511 7680333
Fax: + 98
511 7680333
Website:
www.tarannomshargh.com
E-mail:
info@tarannomshargh.com
Current Legal Form:
Limited Liability Company
Registration Address:
No.5, 1st floor, Bozorgmehr 22, Sajjad Blvd, Mashhad, Iran
Start Date: 16/02/1994
Registration Number:
7786
Registration Date:
16/02/1994
Registration Town:
Mashhad
National Code ID: 10380235810
Nominal Capital: 2,000,000,000
Share No: 2,000,000
Share Value: 1,000
|
Shareholder
Names |
Share% |
|
Mr. Ali Saghafi |
60% |
|
Mrs. Mehrvarz Aganj |
40% |
Name:
Mr. Ali Saghafi
Position within the company:
Vice Chairman &
Managing Director
Country of Birth: Iran
Nationality: Iranian
Can fluently speak: Farsi- English
Name:
Mrs. Mehrvarz Aganj
Position within the company:
Chairman
Country of Birth: Iran
Nationality: Iranian
Can fluently speak: Farsi- English
Name: Mr. Mohammad Zare
Position within the company:
Executive
Country of Birth: I ran
Nationality: Iranian
Can fluently speak: Farsi- English
The subject is involved in transportation of the goods by sea and
trucks.
Local Reporters consider the investigated company to be Small
in their field of concern
Company Employs: 12
Operates from: Owned,
Offices, Warehouses
Location: Central Business
Area, Main Road
Branches:
Unit 404, 4th floor, Parto Bldg
Chahar Rahe Blouki, Bandar Abbas, Iran
Tel: +98 761 2238622-3
Fax: +98 761 2238624
Janbeh Foto Vahid, Bandar Lengeh, Iran
Tel: +98 762 2240407-414
Import %:
75%- Finished Goods
Import term:
Bank Transfer
Import from:
Switzerland, Germany, Poland and Turkey, Malaysia
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:
7
-
Pasargad Bank
Auditor: Mr. Zia Asadi
Solicitor: Mr. Jamshid Mohammadi
Subject's payments reported to be: Non- Complaint
Name/Title: Mr. Ali
Saghafi –Managing Director , he confirmed it.
Note:
The registered name of company is Tarannom Shargh International
Transportation Company.
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.66.61 |
|
|
1 |
Rs.102.30 |
|
Euro |
1 |
Rs.74.61 |
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
|
|
|
|
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 |
|
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.