MIRA
INFORM REPORT
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Report Date : |
15.09.2008 |
IDENTIFICATION
DETAILS
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Name : |
ADEER IMPORT |
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Registered Office : |
Dalyat El-Carmel 30056 |
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Country : |
Israel |
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Date of Incorporation : |
2000. |
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Legal Form : |
Sole Proprietorship |
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Line of Business : |
Importers and marketers of home furniture (chairs, tables, etc.),
house ornamental goods (mainly glassware), souvenirs, etc. |
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$ 2,500. |
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Status : |
Small Company |
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
name & address
ADEER IMPORT
Telephone 972 4 839 41 31
Fax 972 4 839 41 31
DALYAT EL-CARMEL 30056 ISRAEL
HISTORY & LEGAL FORMATION
A sole
proprietorship, established in 2000.
Operating under License Dealer No.
026433193.
The business is registered with the Tax
Authorities files under the name of "WAFA HASAN".
OWNERSHIP
Mrs. Wafa Hasan.
JOINT GENERAL MANAGERS
1. Mrs. Wafa Hasan, born 1973,
2. Hussein Hasan, born 1970, husband of a/m.
BUSINESS
Importers and
marketers of home furniture (chairs, tables, etc.), house ornamental goods
(mainly glassware), souvenirs, etc.
Also operating a
retail shop.
Most of purchasing
is from India, China and the Far East.
Operating from rented premises (office and shop),
on an area of 200 sq. meters, in Dalyat El-Carmel, a town south of Haifa.
Using owners parents home in Dalyat El-Carmel as a
storage facility.
Having 5 employees
(including managers).
Also using
sub-contractors according to needs.
MEANS
Financial data not
forthcoming.
ANNUAL SALES
2006 sales claimed to be NIS 700,000.
2007 sales claimed to be NIS 720,000.
First 8 months of 2008 sales claimed to be NIS 500,000.
BANKERS
Bank Hapoalim Ltd., Dalyat El-Carmel Branch (No. 742), Dalyat El-Carmel.
CHARACTER AND REPUTATION
Nothing unfavorable learned.
“ADEER” is the
name of the Hasan couple eldest son.
This is a small
family business.
SUMMARY
Being a relatively small business, maximum
unsecured credit recommended
US$ 2,500.
FOREIGN EXCHANGE
RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.46.63 |
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UK Pound |
1 |
Rs.83.76 |
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Euro |
1 |
Rs.66.49 |
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%)