MIRA
INFORM REPORT
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Report Date : |
24th
May 2006 |
IDENTIFICATION
DETAILS
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Name : |
BAKE PLUS CO. LTD. |
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Registered Office : |
977-12,
Daechi-Dong, Kangnam-Ku, Seoul, Korea |
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Country : |
Korea |
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Financials (as on) : |
2004 |
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Date of Incorporation : |
26/04/1999 |
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Legal Form : |
Co., Ltd by shares |
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Line of Business : |
Wholesalers of other prepared food |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal.
Capable to meet normal commitments. |
Satisfactory |
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Status : |
Satisfactory
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Payment Behaviour : |
Regular
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Litigation : |
Clear |
Ⅰ. Basic Information
Basic
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Company Name |
Bake
Plus Co. Ltd. |
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Address |
977-12,
Daechi-Dong, Kangnam-Ku, Seoul, Korea |
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Building |
1st Fl., Richmond Bakery Complex |
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Zip Code |
135-842 |
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Tel |
+82-2-567-7015 |
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Fax |
+82-2-539-7241 |
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E-mail |
luna824@naver.com |
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Website |
www.bakeplus.com |
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Other Address |
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Tel |
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Fax |
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Type |
Export/Import |
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Industry |
Wholesale of Other Prepared Food |
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Main
Business |
Bread Mix |
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Sub
Business |
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Established (mm/dd/yyyy) |
04/26/1999 |
Detailed Products
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Activity |
Detailed Products (UNSPSC) |
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Sell |
Materials for Bread |
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Sell |
Food Materials |
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Others
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Name |
Kim Ung-Il |
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Address |
974, Daechi-dong, Gangnam-gu, Seoul, 135-280 Korea |
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Date of Birth (mm/dd/yyyy) |
10/29/1957 |
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Title |
President |
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Sex |
Male |
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Nationality |
Korean |
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Capital |
50,000,000KRW |
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Employees |
16 |
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Formation |
Co., Ltd by shares |
Ⅱ.
Detailed Information
Management
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Job
Description |
Title |
Name |
Sex |
Nationality |
Inauguration
Day |
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President |
Mr. |
Kim Ung-Il |
Male |
Korean |
11/30/2002 |
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Director |
Mr. |
Hong
Chang-Ki |
Male |
Korean |
11/30/2005 |
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Auditor |
Mr. |
Kim
Ki-Jung |
Male |
Korean |
03/29/2002 |
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Financials
Unit:
Mil. KRW
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Year |
Sales |
Assets |
Net income |
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2005 |
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2004 |
6,079 |
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2003 |
5,431 |
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2002 |
4,194 |
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Financial Description
Unit:
KRW
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Authorized
Capital |
200,000,000 |
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Paid-Up
Capital |
50,000,000 |
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Total Issued Shares |
5,000 |
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Balance
Sheet Unit:
Million KRW |
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2003 |
2002 |
12/31/2001 |
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Total Assets |
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1,587 |
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Current Assets |
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1,272 |
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Fixed
Assets |
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315 |
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Total Liabilities |
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1,189 |
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Current Liabilities |
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1,189 |
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Fixed Liabilities |
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- |
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Capital Stock |
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50 |
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Capital Surplus |
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- |
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Profit Surplus |
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347 |
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Capital Adjustment |
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- |
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Total Equity |
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397 |
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Total Liabilities & Equity |
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1,587 |
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Income Statement Unit: Million KRW |
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2003 |
2002 |
12/31/2001 |
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Sales |
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4,884 |
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Cost of Sold Goods |
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3,795 |
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Gross Profit |
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1,089 |
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Selling
& Admin. Expenses |
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|
859 |
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Operating Income |
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230 |
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Non-Operating Income |
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7 |
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Non-Operating expenses |
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24 |
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Ordinary Income |
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213 |
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Special Income |
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Income Before Taxes |
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213 |
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Income Taxes Expenses |
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54 |
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Net Income |
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159 |
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Bank Details |
Woori Bank |
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Corporate Registered
No. |
110111-1687552 |
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Business Registered
No. |
120-81-88819 |
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Permit & Licenses |
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Shareholder
Position |
Oh Jung-Ho -30.0% Chang Kyung-Sik -30.0% Kim Kwang-Suk -20.0% |
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Company History |
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Products, Technologies, Services
Description
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Main
Products & Services |
The subject sells the materials used by
confectionery bakeries. Bread Mix Margarine & Milk Products Decoration & Glaze Cake & Mouse Mix Non-Dairy Whipping Cream Frozen Dough Gold Products Chocolate |
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Detailed
Products Spec. |
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Technologies
Acquired |
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Organization Structure
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Suppliers |
MEISTERMARKEN GmbH VAN DEN BERGH DMARLE BOEHRINGER VALRHONA MARTIN BRAUN ULMER SPATZ DIAMALT THERMOHAUSER MARGUERITE CAP’ FRUITS DECO RELIEF |
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Customers |
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Competitors |
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Related Parties (Subsidiaries,
Joint-Venture & Affiliates)
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Affiliates |
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Overseas Office |
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Liaison Office |
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Overseas Branch |
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Join Venture |
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Subsidiary |
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Corporate Ownership |
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Major Shareholders |
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Cooperative Enterprise |
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Sales
Spread
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Unit : Mil KRW |
2005 |
2004 |
2003 |
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Export |
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Domestic |
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Total |
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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 |
Unfavourable & favourable factors
carry similar weight in credit consideration. Capability to overcome
financial difficulties seems comparatively below average/normal. |
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 |