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MIRA
INFORM REPORT
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Report Date : |
19th
February, 2007 |
IDENTIFICATION
DETAILS
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Name : |
TEAM INTERNATIONAL (H.O
INVEST) LTD. |
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Registered Office : |
P.O.
Box 2876 (18127), 7 Kikar Ha'atzmaut Street, Afula 18290 Israel |
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Country : |
Israel |
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Date of Incorporation : |
05.07.2006 |
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Com. Reg. No.: |
51-385069 |
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Legal Form : |
Private
Limited Company |
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Line of Business : |
International traders in household and kitchen
goods. |
RATING & COMMENTS
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MIRA’s Rating : |
C |
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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 : |
New
Company |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
Company
Name & Address
TEAM
INTERNATIONAL (H.O INVEST) LTD.
Telephone 972 4
640 23 78
Fax 972
4 640 26 92
P.O. Box 2876 (18127)
7 Kikar Ha'atzmaut Street
AFULA 18290 ISRAEL
HISTORY
A private limited company, incorporated as
per file No. 51-385069-3 on the 5.7.2006.
Subject is continuing the business
activities of a foreign company established 4 years earlier, by subject's
shareholders (change took place after shareholder No. 2, until then a foreign
citizen, obtained an Israeli citizenship).
SHARE CAPITAL
Authorized share capital NIS
500.00, divided into – 500 ordinary shares of NIS 1.00 each, of which
shares amounting to NIS 200.00 were issued.
SHAREHOLDERS
1.
Yehezkel Zecharia, 50%,
2.
Olivier Gaston Mouysset, 50%.
DIRECTORS
1.
Yehezkel Zecharia, General Manager,
2.
Olivier Gaston Mouysset.
BUSINESS
International
traders in household and kitchen goods.
Subject
purchases goods from Israeli and foreign factories, and sells worldwide.
99% of
sales are for export.
Among
local suppliers: MARIAN PLAST.
Operating
from rented premises, on an area of 100 sq. meters, in 7 Kikar Ha'atzmaut Street,
Afula.
Having 5
employees.
MEANS
Work is based on orders.
Financial data not forthcoming.
There are no charges registered on the company's
assets.
ANNUAL
SALES
2005
sales (by the former foreign company) claimed to be US$ 5,000,000.
Subject's
July-December 2006 sales claimed to be US$ 2,500,000.
BANKERS
Bank
Hapoalim Ltd., Hatzomet Branch (No. 676), Ramat Gan,
account
No. 103669.
A check
with the Central Banks' database did not reveal anything detrimental on
subject’s a/m account.
CHARACTER
AND REPUTATION
Nothing unfavorable learned.
SUMMARY
Good for
trade engagements.
Being a
newly established company, too early to determine a definitive credit opinion.
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 |
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NR |
In view of the lack of information, we
have no basis upon which to recommend credit dealings |
No Rating |
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