MIRA
INFORM REPORT
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Report Date : |
20th
June 2006 |
IDENTIFICATION
DETAILS
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Name : |
MEDIJUICE
LTD. |
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Registered Office : |
P.O Box
11335 54
Haatzmaut Street Yahud 56302 Israel |
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Country : |
Israel |
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Date of Incorporation : |
18.2.1958 |
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Legal Form : |
Private
limited company |
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Line of Business : |
Importers
and international traders in foodstuff and raw materials for the food and
beverage industries |
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 & addrss
MEDIJUICE
LTD.
Telephone 972 3 632 23 86
Fax 972 3 632 24 01
P.O Box
11335
54 Haatzmaut
Street
YAHUD 56302 ISRAEL
HISTORY
A private
limited company, registered as per file No. 51-017810-6 on the 18.2.1958.
SHARE
CAPITOL
Authorized
share capitol NIS 165,000.00 divided into:-
1,650,000
ordinary shares of NIS 0.10 each of which shares amounting to NIS 10,006.00
were issued.
SHAREHOLDERS
1. YIGAL
CARMIL INTERNATIONAL TRADE LTD., 92%, owned by Yigal Carmil,
2. Jacob
Hesenfeld, 8 %,
SOLE
DIRECTOR AND GENERAL MANAGER
Yigal
Carmil
BUSINESS
Importers
and international traders in foodstuff and raw materials for the food and
beverage industries.
Amongst
clients: GAT, GAN SHMUEL, MILUZ, CIDER HAGALIL, JAFORA TABORI, TEMPO, OSEM,
FRUTAROM, GANIR, etc.
Amongst
local suppliers: GAT, GANIR, RRINIR, GAN SHMUEL, OSEM, etc.
Local
agents of:
YBBSTALLER,
of Austria,
IPRONA, of
Italy,
SAUMROYIOD,
of Thailand,
CITROMAX,
of Argentine,
TOPFORTUNE,
of China.
Operating
from rented premises, on an area of 185 sq. meters, in 54 Haatzmaut street,
Yahud.
Having 7
employees (had 6 in 2002).
MEANS
Subject
holds no stock, all activities are based on orders.
Other
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. and Bank Hapoalim Ltd.
ANNUAL
SALES
2004 sales
claimed to be US$ 13,500,000, 40% for export.
2005 sales
claimed to be US$ 15,000,000, 45% for export.
First half
of 2006 sales claimed to be US$ 8,000,000, 45% for export.
BANKERS
Bank Leumi
LeIsrael B.M., Alonim Business Branch (No. 654), Tel-Aviv, account no.
774300/30.
A check
with the central bank database did not reveal anything detrimental on subject’s
a/m account.
CHARACTER
AND REPUTATION
Nothing
unfavorable learnt.
Subject is
long established.
SUMMARY
Maximum
unsecured credit recommended US$ 500,000.
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 |