MIRA
INFORM REPORT
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Report Date : |
18.12.2008 |
IDENTIFICATION
DETAILS
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Name : |
A.H. EYAL MARKETING AND TRADE LTD. |
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Registered Office : |
P.O. Box 74, Be’er Ya’akov, Unit #16, Zriffin
Wholesale Market, Be'er Ya'akov 70350 |
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Country : |
Israel |
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Date of Incorporation : |
23.1.2003 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
Traders, Importers and Marketers of Safety Equipment (including Firefighting equipment) and Cleaning Equipment, |
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. |
Small |
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Maximum Credit Limit : |
US$ 20,000. |
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Status : |
Small Company |
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
Correct
Name and address
A.H. EYAL MARKETING AND
TRADE LTD.
Telephone 972
8 916 09 03
Fax 972
8 916 09 02
P.O. Box 74, Be’er Ya’akov
Unit #16
Zriffin Wholesale Market
BE'ER YA'AKOV 70350 ISRAEL
HISTORY & LEGAL FORMATION
A private limited company, incorporated as per file No. 51-337217-7 on the 23.1.2003.
SHARE
CAPITAL
Authorized share capital of 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 Eyal Anava.
SOLE DIRECTOR
AND GENERAL MANAGER
Eyal Anava.
BUSINESS
Traders, importers and marketers of safety equipment (including
Firefighting equipment) and cleaning equipment, (i.e. high pressure, sand or
steam) for various industrial, governmental, private and institutional sectors.
Among clientele: ISRAEL CHEMICALS, MAKHTESHIM AGAN INDUSTRIES, THE CENTRAL
BOTTLING CO., TEVA PHARMACEUTICAL INDUSTRIES, FELDMAN ICE CREAM, Ministry of
Defense, Israel Prison Service, Israel Airport Authority, municipalities of:
Tel Aviv, Petah Tikva, Ashdod, Tiberias, OSEM FOOD INDUSTRIES, TNUVA, TEMPO
BEVERAGES, RIO NETANYA ICE CREAM & SWEETS FACTORY, YOTVATA DAIRIES, many
(construction) contractors and private clientele.
Some 90% of purchases are imports.
Sole local representatives of (among others):
BM2, LAVOR WASH, both of Italy,
B.F.C., of Taiwan,
VIRAJ, of India
Operating from rented premises, on an area of 512 sq. meters, in Unit #16,
Zriffin Wholesale Market, part of Be'er Ya'akov Local Council (near Rishon
Le-Zion).
Having 6 employees.
MEANS
Current stock is valued at NIS 1,000,000.
There are 8 charges for unlimited amounts registered on the company's
assets, in favor of Bank Hapoalim Ltd. and Mizrahi Tefahot
Bank Ltd.
ANNUAL
SALES
2006 sales claimed to be NIS 3,000,000.
2007 sales claimed to be NIS 4,000,000.
Projected 2008 sales are NIS 4,500,000.
OTHER
COMPANIES
A. MONI & SONS LTD., 50% owned by Eyal Anava and 50% by his father,
wholesalers of fruits and vegetables.
BANKERS
Bank Hapoalim Ltd., Shenkar Branch (No. 522), Holon, account No. 522882.
A check with the Central Banks' database did not reveal anything
detrimental on subject’s a/m account.
CHARACTER
AND REPUTATION
Nothing unfavorable learned.
Operating according to several international standards.
SUMMARY
Good for trade
engagements.
Maximum unsecured credit recommended US$ 20,000.
NOTE: Subject’s correct address (subject is located in the BE'ER YA'AKOV Local
Council, not Ashdod).
FOREIGN EXCHANGE
RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.47.08 |
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UK Pound |
1 |
Rs.71.17 |
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Euro |
1 |
Rs.66.98 |
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%)