MIRA
INFORM REPORT
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Report Date : |
30.12.2008 |
IDENTIFICATION DETAILS
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Name : |
DIKLIT INTERNATIONAL TRADING LTD. |
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Registered Office : |
Mobile Post Merkaz, NACHSHONIM 73190 |
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Country : |
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Date of Incorporation : |
08.08.1985 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
Importers and Marketers Domestic Consumer Goods, e.g. Home Textile
Products, Bath Accessories, Products for Babies, etc. |
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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Maximum Credit Limit : |
US$ 75,000 |
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Status : |
Satisfactory |
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
name & address
DIKLIT INTERNATIONAL TRADING LTD.
Telephone 972 3 902 31 34
Fax 972 3 902 31 37
Mobile Post Merkaz
NACHSHONIM 73190
HISTORY
& LEGAL FORMATION
A private limited
company, incorporated as per file No. 51-108074-9 on the 08.08.1985.
SHARE
CAPITAL
Authorized share
capital
2,499 ordinary shares,
1 deferred share, all
of
of which shares amounting
to
SHAREHOLDERS
Avi Mapa, holding all issued ordinary shares – practically 100%,
Shmuel Pe’er, Attorney, holding the company’s only one deferred share.
SOLE
DIRECTOR AND GENERAL MANAGER
Avi Mapa, born 1985.
BUSINESS
Importers and marketers domestic consumer goods, e.g. home textile
products, bath accessories, products for babies, etc.
Baby products include: beds and furniture, cradles, feeding products and
more.
Having some 600 private retail stores client base. Among large customers:
ACE DIY, HOME CENTER (both largest local DIY chains), KOLBO ROSEN, etc.
All purchasing is from
import, mostly from the
Also buying from
Operating from rented
premises (offices and warehouse), on an area of 2,000 sq. meters, in Kibbutz
Nachshonim.
Having 17 employees.
MEANS
Current stock is
valued at
Other financial data
not forthcoming.
There are18 charges
for unlimited sums registered on the company’s assets, in favor of Bank Hapoalim
Ltd., The First International Bank of Israel Ltd., Bank Leumi Le’Israel Ltd.,
Mizrahi Tefahot Bank Ltd. and leasing companies.
ANNUAL
SALES
2006 sales claimed to
be
2007 sales claimed to
be
2008 sales claimed to be
BANKERS
Bank Hapoalim Ltd.,
Yahalom Branch (No. 537),
The First
International Bank of Israel Ltd., Ramat Gan Branch (No. 041),
CHARACTER
AND REPUTATION
Nothing unfavorable
learned.
This is a veteran
company.
According to sources in the branch, the local market for
baby and small children products is in volume of circa
According to estimations, the local household products
market volume reaches
The "Home Textile" market rolls, according to
estimations in the branch,
SUMMARY
Good for trade
engagements.
Maximum unsecured credit recommended US$ 75,000.
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.48.50 |
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1 |
Rs.70.02 |
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Euro |
1 |
Rs.67.95 |
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%)