MIRA
INFORM REPORT
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Report Date : |
16.03.2007 |
IDENTIFICATION
DETAILS
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Name : |
YEHIEL BINDER - A.Y.T. TECHNOLOGIES LTD. |
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Registered Office : |
P.O. Box 12607 Yahud (56478), Zafariya 60932 |
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Country : |
Israel |
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Date of Incorporation : |
1994 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
Importers and marketers of medical disposable products. |
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 : |
Good |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
Correct Name
YEHIEL BINDER - A.Y.T. TECHNOLOGIES LTD.
P.O. Box 12607 Yahud (56478)
ZAFARIYA 60932 ISRAEL
Telephone 972
3 960 59 27
Fax 972 3 960 59 27
HISTORY
Originally established in 1994 as a sole proprietorship business, under the
name "YEHIEL BINDER".
Converted into a private limited company and registered as such as per file
No. 51-314915-3 on the 7.11.2001.
SHARE CAPITAL
Authorized share capital NIS 50,000.00, divided into - 50,000 ordinary
shares of NIS 1.00 each, of which shares amounting to NIS 100.00 were issued.
SHAREHOLDERS
Company is fully owned by Yehiel Binder.
SOLE DIRECTOR AND GENERAL MANAGER
Yehiel Binder.
BUSINESS
Importers and marketers of medical disposable products.
Sales are to hospitals, Senior Citizens Homes (MISHAN, etc.), Ministry of
Labor and Welfare.
Purchases are both from imports and from local suppliers.
Among suppliers: NISSAN MEDICAL INDUSTRIES, SHULAMIT COSMETICS, etc.
Operating from rented premises, on an area of 600 sq. meters, in Meshek
(Farm) No. 41, Zafariya, a village near the Ben-Gurion International Airport.
Having 6 employees.
MEANS
Current stock is valued at US$ 350,000.
Other financial data not forthcoming.
There are 2 charges for unlimited amounts registered on the company's
assets, in favor of Bank Otsar Hahayal Ltd.
ANNUAL SALES
2005 sales claimed to be US$ 2,000,000.
2006 sales claimed to be US$ 2,000,000.
BANKERS
Bank Otsar Hahayal Ltd., Rosh Ha'ayin Branch
(No. 348), Rosh Ha'ayin, account No. 7892.
A check with the Central Banks' database did
not reveal anything detrimental on subject’s a/m accounts.
CHARACTER AND REPUTATION
Nothing unfavorable learned.
SUMMARY
Good for trade engagements.
Maximum unsecured
credit recommended US$ 50,000.
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 |
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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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This score serves as a reference to assess SC’s credit risk
and to set the amount of credit to be extended. It is calculated from a
composite of weighted scores obtained from each of the major sections of this
report. The assessed factors and their relative weights (as indicated through
%) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)