MIRA
INFORM REPORT
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Report Date : |
15.05.2007 |
IDENTIFICATION DETAILS
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Name : |
OREN PORTAL – HAKOL LA'SUS |
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Registered Office : |
Industrial Zone,
Shefaram 20200 |
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Country : |
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Date of Incorporation : |
2004 |
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Legal Form : |
Sole Proprietorship |
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Line of Business : |
Operating a
retail store for horse riding equipment and accessories. |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Maximum Credit Limit : |
US$ 6,000 |
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Status : |
Small Concern |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
name & address
OREN PORTAL – HAKOL LA'SUS
("Hakol
La'Sus" in Hebrew means "Everything for the Horse")
Industrial Zone
SHEFARAM 20200
Telephone 972 4 986 53 75
Cellular
972 52 584 18 85
HISTORY
A sole proprietorship, established in 2004.
License Dealer No. 029666906 (under the name of Oren Portal).
OWNER AND GENERAL
MANAGER
Oren Portal.
BUSINESS
Since February 2007,
operating a retail store for horse riding equipment and accessories.
Mr. Portal is
negotiating with foreign suppliers with the intention of starting import of the
said products.
Mr. Portal also
deals in the horse shoeing, which has been the main business of subject since
its establishment 3 years ago.
Sales are mainly
to horse ranchers, mainly for the Arab population in the north of the country.
Major (local)
suppliers:
Operating from a
rented office and store premises, on an area of 70 sq. meters in the Mixture
Plant Compound, Industrial Zone, Shefaram, and from the residence of the owner
at
Having no
employees
MEANS
Financial data not
forthcoming.
ANNUAL SALES
Subject is
operating since February 2007.
Sales for the
months of February – April 2007 (2 months) claimed to be
BANKERS
Bank Hapoalim
Ltd., Acco Branch (No. 713), Acco, account No. 535784.
A check with the Central Banks' database did not reveal any negative
information regarding subject's a/m account.
CHARACTER AND
REPUTATION
Nothing
unfavorable learned.
SUMMARY
Good for trade
engagements.
Maximum unsecured
credit recommended US$ 6,000.
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%)