MIRA INFORM REPORT
|
Report Date : |
18th May 2006 |
IDENTIFICATION DETAILS
|
Name : |
CARPETS IN THE CENTRE B.S. LTD. |
|
|
|
|
Registered Office : |
27
Shchafim Street RAANANA 43724 ISRAEL |
|
|
|
|
Date of Incorporation : |
4.8.1994 |
|
|
|
|
Legal Form : |
Private limited company |
|
|
|
|
Line of Business : |
Importers and marketers of carpets and parquets |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
RATING
|
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is
considered normal. Capable to meet normal commitments. |
Satisfactory |
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Regular |
|
|
|
|
Litigation : |
Clear |
NAME & ADDRESS
CARPETS IN THE CENTRE
B.S. LTD.
Telephone 972 9 774 01 33
Fax 972 9 774 01 35
27 Shchafim Street
RAANANA 43724 ISRAEL
HISTORY
A private limited
company, incorporated as per file No. 51-200893-9 on the 4.8.1994.
SHARE CAPITAL
Authorized share
capital NIS 250.00, divided into -
50 management shares,
200 ordinary shares, all of NIS 1.00 each, of which shares amounting to NIS
181.00 were issued.
SHAREHOLDERS
1. Baruch Shkalim,
2. Mrs. Efrat, wife of Baruch Shkalim,
holding one single ordinary share.
SOLE DIRECTOR AND GENERAL MANAGER
Baruch Shkalim.
BUSINESS
Importers and
marketers of carpets and parquets.
Amongst clients: HOME
CENTER, I. D. DESIGN, ACE, etc.
All purchases are
imports.
Local agents of:
JIACUMINI, PELLAQA -
both of Italy;
AW, OSTA, LANO,
COMFORTEX, PRADO MECTHREE - all of
Belgium.
Operating from
premises owned by the shareholders, on an area of 100 sq. meters, in 27
Shchafim Street, Raanana, and from a rented warehouse, on an area of 500 sq.
meters, in Moshav Elishema.
Also operating from
some 30 points of sale nationwide, located within branches of local DYI chains.
MEANS
Financial data not
forthcoming.
There are no charges
registered on the company's assets.
ANNUAL SALES
Annual sales claimed
to be several millions of US$.
BANKERS
Bank Hapoalim Ltd.,
Raanana Branch (No. 661), Account no. 60715.
A check with the
central bank database did not reveal negative information on subject’s bank
account.
CHARACTER AND REPUTATION
Nothing unfavorable
learnt.
Subject’s officials
refused to disclose financial data.
SUMMARY
Maximum unsecured
credit recommended US$ 100,000.
NOTE
Please note that this
report was ordered by you twice with 2 different reference numbers (18295 and
18339).
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 |
Unfavourable &
favourable factors carry similar weight in credit consideration. Capability
to overcome financial difficulties seems comparatively below average/normal. |
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 |