MIRA
INFORM REPORT
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Report Date : |
7th
June 2006 |
IDENTIFICATION
DETAILS
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Name : |
MOTI GANZ LTD. |
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Registered Office : |
21 Tuval Street Ramat Gan
52522 Israel |
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Country : |
Israel |
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Date of Incorporation : |
17.1.2005 |
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Legal Form : |
Private limited company |
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Line of Business : |
Dealers in diamonds |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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 : |
Regular
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Litigation : |
Clear |
NAME & address
MOTI GANZ LTD.
Telephone 972
3 575 22 18
Fax 972
3 575 12 10
21 Tuval Street
RAMAT GAN
52522 ISRAEL
HISTORY
A private limited company, incorporated as per file
No. 51-363993-0 on the 17.1.2005.
SHARE CAPITAL
Authorized share capital NIS 30,000.00, divided
into:
30,000 ordinary shares of NIS 1.00 each, of which shares amounting to NIS 118.00 were
issued.
SHAREHOLDERS
1. Mordechai (Moti) Ganz, 84.7%,
2. Elazar Kempl, 15.3%.
DIRECTORS
1. Mordechai (Moti) Ganz, General Manager
2. Elazar Kempl.
BUSINESS
Dealers in diamonds.
Operating from premises in 21 Tuval street, Ramat
Gan.
Number of employees not forthcoming.
MEANS
Financial data not forthcoming.
There are 3 charges for unlimited amounts
registered on the company's assets, in favor of Bank Leumi LeIsrael B.M.
ANNUAL SALES
Sales figures not forthcoming.
OTHER COMPANIES
MOTI GANZ DIAMONDS LTD.,
GANZ ASSETS LTD.,
GANZ ASSETS AND INVESTMENTS (1996) LTD.,
GANZ RAMAT RACHEL LTD.
BANKERS
Bank data not forthcoming.
CHARACTER AND REPUTATION
Nothing unfavorable learned.
Subject officials refused categorically to disclose
any details.
Mordechai (Moti) Ganz also serves as the president
of the Israeli diamonds association.
In April 2005, it was reported that Mordechai Ganz
filed a NIS 3.4 million lawsuit against another diamonds and real estate
dealer, due to alleged fraud.
According to the Ministry of commerce, total export
of cut diamonds from Israel in 2004 (net) reached US$ 6.333 billion, a 14.4%
increase from 2003.exports of rough diamonds were US$ 2.92 billion, a 31%
increase from 2003.
Import of rough diamonds also increased by 32.4% to
US$ 5.15 billion, and imports of cut diamonds increased by 4.6% to US$ 3.405
billion.
The USA is the main market for Israel’s export of
cut diamonds (67%). The secondary markets are in the Far East (of which Hong
Kong 13% and Japan 2%) and Europe (of which Belgium 7% and Switzerland 3%).
SUMMARY
Good for trade engagements.
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>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 |
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26-40 |
B |
Unfavourable & favourable factors
carry similar weight in credit consideration. Capability to overcome
financial difficulties seems comparatively below average/normal. |
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 |