MIRA INFORM REPORT

 

 

Report Date :           

28.01.2012

 

IDENTIFICATION DETAILS

 

Correct Name :

RAJUAN SHAUL

 

 

Registered Office :

1 Ramat Motza Street, Jerusalem 96771 

 

 

Country :

Israel

 

 

Year of Establishment :

1996

 

 

Legal Form :

Sole Proprietorship

 

 

Line of Business :

Importers and marketers of toys and baby products

 

 

No. of Employees :

07

 

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$ 50,000.

 

 

Status :

Small Concern

 

 

Payment Behaviour :

No Complaints

 

 

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

 

RAJUAN SHAUL

Telephone                  972 3 722 44 01; 50 240 20 05

1 Ramat Motza Street

JERUSALEM              96771                      ISRAEL

 

 

HISTORY & LEGAL FORMATION

 

A sole proprietorship, established in 1996.

 

Operating under Licensed Dealer No. 027846641.

The business is registered with the Tax Authorities’ Files under the name of "RAJUAN SHAUL".

 

 

OWNERSHIP

 

Shaul Rajuan.

 

 

JOINT GENERAL MANAGERS

 

1.    Shaul Rajuan

2.    Mrs. Yael Rajuan Levin, sister of Shaul.

 

 

BUSINESS

 

Importers and marketers of toys and baby products.

 

Sales are to retail stores.

 

Among clientele: BAZAR STRAUSS, OFFICE TEXTILE, and more.

 

Sole local representatives of:

BIG OSHI, of Spain.

 

Operating from an office at the private residence of Mrs. Yael Rajuan Levin, and from rented warehouse, on an area of 1,000 sq. meters in Ashdod.

 

Having 7 employees.

 

                                                                                                                           

MEANS

 

Financial data not forthcoming.

 

 

REVENUES

 

2010 sales claimed to be NIS 6,000,000.

2011 sales claimed to be NIS 6,000,000.

 

 

BANKERS

 

Bank Leumi Le'Israel Ltd., Har Hotzvim Business Branch (No. 968), Jerusalem.

 

 

CHARACTER AND REPUTATION

 

Nothing unfavorable learned.

 

Subject's owner, Shaul Rajuan, informed us that he resides in New York, USA (the phone number you provided 917 291 71 22 is his NY mobile number), and his sister Yael operates the Israeli market. He told us that he has other activities in the USA.

 

The Rajuan family is a known family and considered very well-off.

 

According to sources in the branch, the local market for baby and small children products is in volume of circa NIS 600 million annually.

 

According to estimations in the toys branch, the market has annual turnover of NIS 1 billion. There are some 900 toys shops spread around the country, 400 of which belong to the large chains.

 

 

SUMMARY

 

Good for trade engagements.

Maximum unsecured credit recommended US$ 50,000.

 

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.49.65

UK Pound

1

Rs.77.80

Euro

1

Rs.65.05

 

 

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.