MIRA
INFORM REPORT
|
Report Date : |
31.03.2007 |
IDENTIFICATION
DETAILS
|
Name : |
ORANGE LEATHER CO., LTD. |
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Registered Office : |
321-7, Seongsu-dong 2(i)-ga, Seongdong-gu, Seoul
- 133-120 |
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Country : |
Korea |
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Date of Incorporation : |
03/06/2007 |
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Legal Form : |
Company Limited by shares |
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Line of Business : |
Wholesales of Leather and Shoes accessories |
RATING &
COMMENTS
|
MIRA’s Rating : |
C |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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Status : |
New Company |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
Basic
|
Company
Name |
ORANGE LEATHER CO., LTD. |
|
Registered Address |
321-7, Seongsu-dong 2(i)-ga, Seongdong-gu, Seoul,
Korea |
|
Zip Code |
133-120 |
|
Tel |
+82-2-462-8088~9 |
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Trading Address |
321-7, Seongsu-dong 2(i)-ga, Seongdong-gu, Seoul,
Korea |
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Tel |
+82-2-462-8088~9 |
|
Type |
Import/Export |
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Industry |
Wholesales of Leather and Shoes accessories |
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Main Business |
Accessories for Handbags and Bags |
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Sub Business |
Fabrics and leather materials |
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Established (mm/dd/yyyy) |
03/06/2007 |
The Subject occupies e premises of the
registered address by leasing.
Detailed Products
|
Activity |
Detailed Products (UNSPSC) |
|
Sell |
Leathers(11162300) |
|
Sell |
Leather Products |
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Sell |
Accessories for Shoes and Bags |
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Sell |
Synthetic Leather |
CEO’s
|
Name |
Shim Young-Sook |
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Address |
7-18, Sincheon-dong, Songpa-gu, Seoul, Korea |
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Date of Birth |
03/04/1955 |
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Title |
President & CEO |
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Sex |
Male |
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Nationality |
Korean |
Profiles
|
Capital |
50,000,000 KRW |
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Employees |
N/A |
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Formation |
Co., Ltd by shares |
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Bank Details |
Woori Bank Sungsoo Dong Branch |
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Corporate Registered No. |
110111-3641440 |
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Business Registered No. |
N/A |
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Permit & Licenses |
N/A |
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Shareholder Position |
N/A |
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Company History |
03/06/2007 Established |
Due to the short history of the subject
company, the information is quite limited. We have checked the subject’s phone
numbers from the phone directories and contacted to interview, but there was no
one to receive our calls.
When we can contact them again, we will
submit the.
Management
|
Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Day |
|
President & CEO |
Mr. |
Shim Young-Sook |
Male |
Korean |
03/06/2007 |
|
Director |
Mr. |
Sohn Hong-Kap |
Male |
Korean |
03/06/2007 |
|
Auditor |
Mr. |
Shim Young-Woo |
Male |
Korean |
03/06/2007 |
Financial Description
Unit: KRW
|
Authorized
Capital |
200,000,000 |
|
Paid-Up
Capital |
50,000,000 |
|
Total Issues Shares |
10,000 |
Sales by Region (Activity
& Markets)
Not Available.
Court Action
Not Available.
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 |
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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 |
|
NR |
In view of the lack of information, we have no basis upon which to
recommend credit dealings |
No Rating |
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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%)