MIRA
INFORM REPORT
|
Report Date : |
21st
November, 2006 |
IDENTIFICATION
DETAILS
|
Name : |
J.K.D. TRADING LTD |
|
|
|
|
Registered Office : |
54 Bezalel Street, Ramat Gan-52521, Israel. |
|
|
|
|
Date of Incorporation : |
11.3.1972 |
|
|
|
|
Com. Reg. No.: |
51-229450-5 |
|
|
|
|
Legal Form : |
Private Limited Company |
|
|
|
|
Line of Business : |
Importers, exporters & distributors of diamonds. |
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
J.K.D. Trading Ltd
Registered Address & Office
54 Bezalel Street,
Ramat Gan-52521, Israel.
Office:
21 Tuval Street, Suite 1271/2,
Ramat Gan-52521,
Israel.
P.O. Box 128,
Ramat Gan-52521,
Israel.
Tel: +972-3-5750939
Fax: +972-3-5752914
E-mail: jkattand@012.net.il
Status & History
Private limited company registered per file no. 51-229450-5 on 11.3.1972.
Shareholders
Jacob Kattan, of Gliksberg St., Tel Aviv – (99 ordinary shares),
Ron Kattan, of Gliksberg St., Tel Aviv – (1 ordinary share).
Sole Director, CEO &
President
Jacob Kattan.
Business
– Diamonds (see note 3)
Importers, exporters & distributors of diamonds.
Business is conducted from a self-owned office premises situated at caption address.
Over 30 Employees.
Share Capital
Authorized: NIS 29,400.
Comprising: 29,400 ordinary shares at NIS 1.00 each.
Issued: 100 ordinary shares.
Public Record Information - Ex
Registrar Of Companies
There is no current record of pledged assets.
Financial Information
- Declined (see notes 1 & 2)
Associate Companies
Form-Karan Diamonds Ltd. is a private limited company registered per file no. 51-183265-1 - dormant.
Israeli Diamond Exchange Industries (1965) Ltd. is a private limited company registered per file no. 52-002672-5.
Bankers
– Declined (See Note 2)
Import Figures
– Declined (see note 2)
Media Coverage
None
found.
Character & Reputation
Good. No negative information was located.
Summary
Due to insufficient information available regarding subject’s operations we are unable to form a credit opinion.
However, our inside sources in the local diamond exchange inform us that subject is a large firm and regarded as a very respectable and well established company.
Notes
Subject as a private company does not publish nor provide balance sheet or related information.
Subject declined to cooperate and provide us any information regarding its activities.
Subject, also known as Kattan Diamonds, was a recipient of an award at the 2005 Israel-Australian trade awards ceremony held in Tel Aviv on July 18, 2005. The award was for being one of the top Israeli exporters to Australia. Subject commenced exporting to Australia in the late 1990’s growing significantly to its current levels.
Our sources disclosed that subject has an office in east Acton, London.
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 |
|
NR |
In view of the lack of information, we
have no basis upon which to recommend credit dealings |
No Rating |
|