MIRA INFORM REPORT

 

 

Report Date :           

03.06.2011

 

IDENTIFICATION DETAILS

 

Name :

LEAD - TIMES

 

 

Registered Office :

20 Hagoren Street, Gedera70700          

 

 

Country :

Israel

 

 

Date of Incorporation :

January 2009.

 

 

Legal Form :

Sole Proprietorship

 

 

Line of Business :

Purchasing Agent from abroad for Israeli companies

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Maximum Credit Limit :

US$ 10,000.

Status :

Very Small Concern

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 – March 31st, 2011

 

Country Name

Previous Rating

                   (31.12.2010)                  

Current Rating

(31.03.2011)

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   Bottom of Form

 

 

lead - times

Telephone 972 8 869 92 23;

Mobile       972 54 808 53 77

Fax           972 8 869 92 25

20 Hagoren Street

GEDERA   70700-ISRAEL

 

 

HISTORY & LEGAL FORMATION

 

A sole proprietorship, established in January 2009.

 

Operating under Licensed Dealer No. 058094277.

The business is registered with the Tax Authorities’ Files under the name of "KNAFO ESHEL".

 

 

OWNERSHIP

 

Eshel Knafo.

 

 

GENERAL MANAGER

 

Eshel Knafo.

 

 

BUSINESS

 

Subject serves as a purchasing agent from abroad for Israeli companies (metals, equipment, components, parts and more), for the aviation, military, hi - tech and industrial markets.

 

Subject also imports trailers and communication carts.

 

Among clientele: KAV RATZIF, Kibbutz Maagan Michael, HAGALIL TECHNOLOGIES, INTEL ISRAEL, ORION, and more.

 

Operating from office premises at the residence of Eshel Knafo (owned by him), in 20 Hagoren Street, Gedera.

 

Eshel Knafo is the only employee.

 

 

MEANS

 

Subject holds no stock.

 

Financial data not forthcoming.

 

 

ANNUAL SALES

 

Sales figures not forthcoming.

 

 

BANKERS

 

Israel Discount Bank Ltd., Gedera Branch (No. 112), Gedera, account No. 016687.

 

A check with the Central Banks' database did not reveal any negative information regarding subject's a/m account.

 

 

CHARACTER AND REPUTATION

 

Nothing unfavorable learned.

 

Subject’s owner, Eshel Knafo, refused to disclose financial data.

 

Eshel Knafo has some 20 years experience in subject's line of business.

 

 

SUMMARY

 

Notwithstanding the refusal to disclose financial data, considered good for trade engagements.

 

Maximum unsecured credit US$ 10,000.

 

 

Note: Subject does not have an office in Tel Aviv.

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.44.94

UK Pound

1

Rs.73.46

Euro

1

Rs.64.58

 

 

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.