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Report No. : |
344509 |
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Report Date : |
14.10.2015 |
IDENTIFICATION DETAILS
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Name : |
JOSEPHON LTD. |
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Registered Office : |
5 Yochanan Hasandlar Street, Herzliya
Pituach Industrial Zone, Herzliya 4685203 |
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Country : |
Israel |
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Date of Incorporation : |
05.01.2009 |
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Com. Reg. No.: |
51-422274-4 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
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No. of Employee : |
Not Available |
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 |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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Payment Behaviour : |
Unknown |
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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 – March 31, 2015
|
Country Name |
Previous Rating (31.12.2014) |
Current Rating (31.03.2015) |
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Israel |
B1 |
B1 |
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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 |
JOSEPHON LTD.
Telephone 972 9 767 57 67
Mobile 972 54 592 99 69
Fax 972 9 767 57
67
Email: josephon@josephon.co.il
5 Yochanan Hasandlar Street
Herzliya Pituach Industrial Zone
HERZLIYA
4685203 ISRAEL
A private limited company, incorporated as
per file No. 51-422274-4 on the 05.01.2009, continuing family activities which
began many years earlier in the UK.
Authorized share capital NIS 10,000.00, divided
into - 10,000 ordinary shares of NIS 1.00 each, of which 100 shares amounting
to NIS 100.00 were issued.
1. Avikam
(Avi) Josephon, 50%,
2. Mrs.
Tali Timsit Josephon, 50%, wife of Avi.
1. Avikam
(Avi) Josephon, General Manager,
2. Mrs.
Tali Timsit Josephon.
Importers and markets of carpets of high
quality, mainly handmade (Afghan, Persian, Uzbek, China, India, Nepal, etc.).
Also providing carpet cleaning and mending
services.
Operating from rented premises (office and
sales store) in 5 Yochanan Hasandlar Street, Herzliya Pituach Industrial &
High-Tech Zone, Herzliya, and from additional branch in 20 Yedidya Frenkel
Street, Tel Aviv.
Note: subject also uses 28 Kosovsky Street, Tel Aviv
– Josephon family's private residence as a mailing address.
Number of employees not forthcoming.
Financial data not forthcoming.
There are 2 charges for the total sum of NIS 155,000 registered on the company's
assets (financial assets and a vehicle), in favor of Bank Hapoalim Ltd. Charges
placed October 2011 on a bank account and September 2012 on a vehicle.
Sales figures not forthcoming.
According to our:
Bank Hapoalim Ltd., Branch data not
forthcoming.
Nothing unfavorable learned.
Avi Josephson, subject's General Manager,
refused to disclose data without receiving the name of the supplier on behalf
the inquiry was made.
Avi Josephson is a veteran in the carpet
field, continuing his family business activities in this field which started
many years earlier.
The local floor covers market (carpets, rugs, wall-to-wall carpets,
parquets floor) is estimated well over at US$ 100 million per annum.
Considering the refusal to disclose data,
dealings are recommended on secured basis.
Note: Since February 2013 Israel Post has
started using a new area code method of 7 digits (the old method of 5 digits is
no longer valid).
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.65.02 |
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|
1 |
Rs.99.89 |
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Euro |
1 |
Rs.73.92 |
INFORMATION DETAILS
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Analysis Done by
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KAS |
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Report Prepared
by : |
ASH |
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 |
-- |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.