MIRA INFORM REPORT

 

 

Report Date :

27th November, 2006

 

IDENTIFICATION DETAILS

 

Name :

LEATHER GALLERY

 

 

Registered Office :

285-12, Sanbook-Dong, Yangju-Si, Kyunggi-Do, Korea

 

 

Country :

Korea

 

 

Legal Form :

Sole Proprietorship

 

RATING & COMMENTS

 

MIRA’s Rating :

NR (No Rating) – Insufficient Information

 

RATING

STATUS

PROPOSED CREDIT LINE

NR

In view of the lack of information, we have no basis upon which to recommend credit dealings

No Rating

 

Status :

Undetermined

 

 

Payment Behaviour :

--

 

 

Litigation :

--

 

 


 

Basic Information

 

Company Name                    Leather Gallery

Address                               285-12, Sanbook-Dong, Yangju-Si, Kyunggi-Do, Korea

Zip Code

Tel                                       +82-31-876-0245

Type                                    Import

Industry                               Leather

Main Business

Sub Business

Established

 

 

Detailed Products

 

Activity                                 Detailed Products (UNSPSC)

Sell                                      Leather

 

 

Others

 

Formation                             Sole Proprietorship

 

The subject company’s information is very limited because the subject is Sole Proprietorship type of company. It has no oblation to open their information unless other Co., Ltd by shares or Listed companies. therefore we tried to contact the subject several times by today we could not reach them by phone.

 

 

 

Bank Details  

 

Kookmin Bank

We can not confirm that the subject uses Kookmin Bank as their principal bank.

 


 

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

Unfavourable & favourable factors carry similar weight in credit consideration. Capability to overcome financial difficulties seems comparatively below average/normal.

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

NR

In view of the lack of information, we have no basis upon which to recommend credit dealings

No Rating

 

 

 

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