MIRA
INFORM REPORT
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Report Date : |
20th
November, 2006 |
IDENTIFICATION
DETAILS
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Name : |
JAVA
LEATHER |
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Registered Office : |
310-1,
Seongsu-dong 2(i)-ga, Seongdong-gu, Seoul, Korea |
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Country : |
Korea |
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Legal Form : |
Sole Proprietorship |
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Line of Business : |
Importer
of Leather |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal.
Capable to meet normal commitments. |
Satisfactory |
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Status : |
Small
Company |
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Payment Behaviour : |
Usually
Correct |
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Litigation : |
Clear |
Basic
Information
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Company Name |
Java
Leather |
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Address |
310-1, Seongsu-dong
2(i)-ga, Seongdong-gu, Seoul, Korea |
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Zip Code |
133-120 |
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Tel |
+82-2-461-7344 |
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Fax |
+82-2-461-7345 |
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Type |
Import |
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Industry |
Leather |
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Main
Business |
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Sub
Business |
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Established |
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Detailed Products
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Activity |
Detailed Products (UNSPSC) |
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Sell |
Leather |
Others
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Name |
Kim Young-Nam Mobile: +82-11-223-8221 |
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Title |
Owner |
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Sex |
Female |
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Nationality |
Korean |
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Employees |
4 |
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Formation |
Sole Proprietorship |
We contacted the
subject company and interviewed with the Managing Director of the subject
company, Mr. Kim Chun-Doo who is the husband of the owner. It is because the
subject is Sole Proprietorship company not having any obligation to open their
information to the public.
In the conversation,
Mr. Kim confirmed that the subject imports leather from India and Pakistan.
Recently the subject started to import from one company in India, called as “Jubana”.
The subject has been
moved to the present address last September 2006.
He has been worked
this industry for over 15 year.
Management
|
Job
Description |
Title |
Name |
Sex |
Nationality |
Inauguration
Day |
|
Owner |
M/S |
Kim Young-Nam |
Female |
Korean |
|
|
Managing
Director |
Mr. |
Kim
Cun-Doo |
Male |
Korean |
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Bank
Details
Industrial
Bank of Korea
Products, Technologies, Services
Description
|
Main
Products & Services |
The subject imports from India and Pakistan based
on L/C or CAD base. |
RATING EXPLANATIONS
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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 |
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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 |
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NR |
In view of the lack of information, we
have no basis upon which to recommend credit dealings |
No Rating |
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