MIRA
INFORM REPORT
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Report
Date : |
24th
November, 2006 |
IDENTIFICATION
DETAILS
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Name : |
SHAHAR DIAMONDS 2000 LTD. |
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Registered
Office : |
Diamond Exchange, Noam Building, 7th
Floor, Ramat Gan Israel |
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Date
of Incorporation : |
19.03.2000 |
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Legal
Form : |
Private limited company |
RATING & COMMENTS
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MIRA’s
Rating : |
C |
RATING |
STATUS |
PROPOSED CREDIT LINE |
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<10 |
C |
Absolute credit risk exists.
Caution needed to be exercised |
Credit not recommended |
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Status
: |
Undetermined
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Payment
Behaviour : |
Unknown |
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Litigation
: |
Clear |
NAME & ADDRESS
SHAHAR
DIAMONDS 2000 LTD.
Telephone 972
3 575 56 73
Diamond Exchange
Noam Building
7th
floor
RAMAT GAN
ISRAEL
HISTORY
A private
limited company, registered as per file No. 51-292577-7 on the 19.3.2000.
SHARE CAPITAL
Authorized
share capital of NIS 39,100.00 divided into:
39,100 ordinary shares of NIS 1.00
each, of which shares amounting to NIS 100.00 were issued.
SHAREHOLDERS
Subject is fully owned by Itzhak Shahar.
SOLE DIRECTOR AND GENERAL MANAGER
Itzhak Shahar.
BUSINESS
Nature of
activities not forthcoming.
Operating
from premises in the Noam building, diamond exchange, Ramat Gan.
Number of
employees not forthcoming.
MEANS
Financial data not forthcoming.
There is 1 charge for unlimited
amount registered on the company's assets, in favor of Mizrahi Tefahot Bank
Ltd.
ANNUAL SALES
Sales
figures not forthcoming.
BANKERS
Bank data
not forthcoming.
CHARACTER AND REPUTATION
Nothing
unfavorable learnt.
Subject
officials refused categorically to disclose any details.
SUMMARY
Considering
the refusal to disclose details, dealings, if any, are recommended on a cash in
advance basis only.
RATING EXPLANATIONS
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 |