MIRA INFORM REPORT

 

 

Report Date :           

06.12.2011

 

IDENTIFICATION DETAILS

 

Name :

MAMBO FASHION LTD.

 

 

Registered Office :

5 Uri Zvi Greenberg Street, Tel Aviv 69379           

 

 

Country :

Israel

 

 

Date of Incorporation :

24.08.2011

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Not Available

 

 

No. of Employees :

Not Available

 

 

RATING & COMMENTS

 

MIRA’s Rating :

NB

 

RATING

STATUS

PROPOSED CREDIT LINE

----

NB

New Business

----

 

Status :

New Company

 

 

Payment Behaviour :

Unknown

 

 

Litigation :

Clear

 

 

NOTES :

Any query related to this report can be made on e-mail : infodept@mirainform.com while quoting report number, name and date.

 

 

ECGC Country Risk Classification List – September 30th, 2011

 

Country Name

Previous Rating

                   (30.06.2011)                  

Current Rating

(30.09.2011)

Israel

a2

a2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

Company name & address

 

MAMBO FASHION LTD.

 

Registered Address

5 Uri Zvi Greenberg Street

TEL AVIV-69379-SRAEL

 

 

HISTORY & LEGAL FORMATION

 

A private limited company, incorporated as per file No. 51-466025-7 on the 24.08.2011.

 

 

SHARE CAPITAL

 

Authorized share capital NIS 1,000.00, divided into -

                 1,000 ordinary shares of NIS 1.00 each,

fully issued.

 

 

SHAREHOLDERS

 

Subject is fully owned by Ran Sabag.

 

 

SOLE DIRECTOR

 

Ran Sabag.

 

 

BUSINESS

 

Line of business not forthcoming.

 

According to the Register of Companies, subject's address is 5 Uri Zvi Greenberg Street, Tel Aviv, which is also Ran Sabag's address (also according to the Register of Companies).

 

According to the VAT Authorities, subject's address is 6 Reuveni Street, Herzliya (the address you provided).

 

Number of employees, if any, not forthcoming.

 

 

MEANS

 

Financial data not forthcoming.

 

There are no charges registered on the company's assets.

 

 

SALESS

 

Sales figures not forthcoming.

 

 

BANKERS

 

Bank data not forthcoming.

 

 

CHARACTER AND REPUTATION

 

So far we were unable to trace subject physically and also could not trace its owner Mr. Ran Sabag.

 

Subject does not appear in any local trade directories (it is possible that it is due to subject being most newly established).

 

There are no telephone numbers registered in the Telephone Directory under subject's and Ran Sabag's name neither in 5 Uri Zvi Greenberg Street, Tel Aviv nor in 6 Reuveni Street, Herzliya.

 

Therefore at this stage, we cannot determine if subject is actually active or not.

 

We did not find anything detrimental on subject or its owner.

 

 

SUMMARY

 

Dealings, if any, are recommended on cash in advance basis only.

 

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.51.40

UK Pound

1

Rs.80.20

Euro

1

Rs.68.92

 

 

RATING EXPLANATIONS

 

RATING

STATUS

 

 

PROPOSED CREDIT LINE

>86

Aaa

Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums

 

Unlimited

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

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

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

 

Satisfactory

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

 

Small

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

<10

C

Absolute credit risk exists. Caution needed to be exercised

 

 

Credit not recommended

----

NB

New Business

----

 

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%)

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.