MIRA
INFORM REPORT
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Report Date : |
12.09.2007 |
IDENTIFICATION DETAILS
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Name : |
MOSHE ROUSSO |
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Registered Office : |
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Country : |
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Date of Incorporation : |
1978 |
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Legal Form : |
Sole Proprietorship |
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Line of Business : |
Designers, manufacturers, retailers and marketers of "Kipot" (Jewish caps, also known as "Yarmulka's") of all sorts. Also manufactures and marketers of tailor-made wedding dresses and night gowns. |
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 : |
Satisfactory |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
name & address
MOSHE ROUSSO
KIRYAT ATA 28097
Telephone 972 4 844 31 19
Fax 972 4 845 08 04
Also trading as
"M. Rousso"
HISTORY
A sole proprietorship, established in 1978.
Operating under License Dealer No. 26084863.
OWNERSHIP
Moshe Rousso.
GENERAL MANAGER
Moshe Rousso, married, born 1944.
BUSINESS
Designers, manufacturers, retailers and marketers of "Kipot" (Jewish caps, also known as "Yarmulka's") of all sorts; this is subject's main line of activity.
Also manufactures and marketers of tailor-made wedding dresses and night gowns.
Sales are to festive halls, hotels and municipal institutions.
Among clients: Religious Council Haifa, Religious Council
Carmiel, TOPAZ HALLS (
Among local suppliers: EITAN TEXTILE AGENCIES, LION TEX, etc.
Most purchasing is from local suppliers. Import is so far relatively minor. We are informed by subject's owner that he has started to express interest in entering new lines of activities from import, such as hygiene products (toothpaste, etc).
Operating from owned premises (offices and store), on an
area of 100 sq. meters, in
Having 3 employees (including owner/General Manager).
MEANS
Financial data not forthcoming.
ANNUAL SALES
Sales figures not forthcoming.
BANKERS
Israel Discount Bank Ltd., Kiryat Ata Branch (No. 077), Kiryat Ata, account No. 55379.
A check with the Central Banks' database did not reveal anything detrimental on subject’s a/m account.
CHARACTER AND
REPUTATION
Nothing unfavorable learned.
Subject’s owner refused to disclose financial details on his business.
Subject is a long established business, well known in its branch, enjoying good reputation in his field.
SUMMARY
Good for trade
engagements.
Notwithstanding the
refusal to disclose financial details, maximum unsecured credit recommended US$ 30,000.
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. |
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%)