MIRA INFORM REPORT
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Report Date : |
13.12.2011 |
IDENTIFICATION DETAILS
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Name : |
BEREZOVSKY INTERNATIONAL LTD. |
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Formerly Known As : |
WAKNINE & BEREZOVSKY LTD., |
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Registered Office : |
36 Magal Street Savyon 56528 |
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Country : |
Israel |
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Date of Incorporation : |
17.02.1987 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
Importers and international traders of raw materials for the foodstuff industry |
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No. of Employees : |
7 Employees |
RATING & COMMENTS
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MIRAs Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Maximum Credit Limit : |
US$ 50,000 |
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Status : |
Moderate |
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Payment Behaviour : |
No Complaints |
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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 30, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
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Israel |
A2 |
A2 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
Company name and address
BEREZOVSKY
INTERNATIONAL LTD.
Telephone 972 3 534 26 37
Fax 972 3 535 51 01
36 Magal Street
SAVYON 56528-ISRAEL
HISTORY & LEGAL FORMATION
A private limited company,
incorporated as per file No. 51-117827-9 on the 17.02.1987.
Originally
registered under the name WAKNINE & BEREZOVSKY LTD., which changed to the
present name on the 06.05.2009.
SHARE CAPITAL
Authorized share
capital NIS 10,000.00, divided into -
2 management shares of NIS
100.00 each,
9,800 ordinary shares of NIS
1.00 each,
fully issued.
SHAREHOLDERS
Subject is fully
owned by Dr. Noach Berezovsky, which according to the Registrar of Companies
shareholders are:
1. INTES LTD., 50%,
2. Subject itself is registered as
holder of 50%.
DIRECTORS
1. Dr. Noach Berezovsky, General Manager, PhD.
in Food Engineering,
2. Ms. Reut Berezovsky,
3. Itzhak Berezovsky.
BUSINESS
Importers and international
traders of raw materials for the foodstuff industry. Mainly deal in fruits and
vegetables. Products include fruit concentrates, pulp, food additives, juices,
peel extracts, etc.
95% of purchasing
is from import, 5% is purchased locally. Subject operates from countries in
Europe, North, Central and South America, Africa and Asia.
Operating from an
office at the owned residence of Noach Berezovsky, in 36 Magal Street, Savyon
and from a logistics centers in Rotterdam, Holland and other locations in the
world.
Having 7 employees
(had 10 employees in the beginning of 2009).
MEANS
Financial data not
forthcoming.
There is 1 charge for an unlimited amount
registered on the company's assets, in favor of Bank Leumi LeIsrael Ltd.
(charge placed January 2006).
REVENUES
Sales figures not
forthcoming.
OTHER COMPANIES
PRODALIM B.V, a
100% subsidiary, registered in Holland, founded in 1990, dealing in the same
field as subject and operating worldwide, including from subject's office at caption
address (in Israel).
BANKERS
Bank Leumi
Le'Israel Ltd., Hachashmonaim Business Branch (No. 817), Tel Aviv.
CHARACTER AND REPUTATION
Nothing
unfavorable learned.
Subjects General
Manager refused to disclose financial data on subject.
The premises at
caption address, which serves as the owner's residence and office is located in
Savyon, one of the wealthiest and affluent localities in Israel.
Dr. Noach
Berezovsky himself has vast experience in the food area and mainly in the
citrus industry.
In the 1990's it
was reported on a joint venture between subject and GRUPO B.M. (based in
Mexico) in Jaguey Grande, Cuba, for fruits extracts production, including
subject's rights for worldwide distribution.
SUMMARY
Notwithstanding the refusal to disclose
financial data, considered good trade engagements.
Maximum unsecured credit recommended US$
50,000.
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.52.42 |
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1 |
Rs.81.92 |
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Euro |
1 |
Rs.69.94 |
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 |
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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NB |
New Business |
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This score serves as a reference to assess SCs 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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.