MIRA INFORM REPORT

 

 

Report Date :

04.04.2007

 

IDENTIFICATION DETAILS

 

Name :

TNH ART TECH CO., LTD.

 

 

Registered Office :

#1304, 13FL., Teheran Building, 707-38, Yeoksam-dong, Gangnam-gu, Seoul – 135-080

 

 

Country :

Korea

 

 

Date of Incorporation :

06/30/2004

 

 

Legal Form :

Company Limited by Share

 

 

Line of Business :

Wholesales of Medical Equipments, CCTV, Interior Materials and Software/Hardware Development

 

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

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

Small

 

Status :

Small Company

 

 

Payment Behaviour :

Unknown

 

 

Litigation :

Clear

 

 


Basic

 

Company Name

TNH ART TECH CO., LTD.

Registered Address

707-38, Yeoksam-dong, Gangnam-gu, Seoul, Korea

Building

#1304, 13FL., Teheran Building

Zip Code

135-080

Tel

+82-70-7676-1140

Fax

+82-31-740-9143

E-mail

sales@tnhsystem.com

Website

www.tnhsystem.com

Trading Address

#1304, 13FL., Teheran Building., 707-38, Yeoksam-dong, Gangnam-gu, Seoul, Korea

Tel

+82-70-7676-1140

Fax

+82-31-740-9143

R&D & Factory

Joong-Ang Induspia #308, 517-13 Sangdaewon-Domg, Joongwon-Gu, Sungnam City, Kyungki-Do, South Korea

Tel

+82-31-740-9141

Fax

+82-31-740-9143

Type

Import/Export

Industry

Wholesales of Medical Equipments, CCTV, Interior Materials and Software/Hardware Development

Established (mm/dd/yyyy)

06/30/2004

 

 

Detailed Products

 

Activity

Detailed Products (UNSPSC)

Sell

High Resolution Cameras

Sell

Night Vision Cameras

Sell

Professional Cameras

Sell

DVR & Monitors

 

 

CEO’s

 

Name

Eom Tae-Joon

Address

101-1, Jamsil-dong, Songpa-gu, Seoul, Korea

Date of Birth

08/20/1968

Title

Representative Director

Sex

Male

Nationality

Korean

 

 

Profiles

 

Capital

50,000,000 KRW

Employees

Not Available.

Formation

Co., Ltd by share

Bank Details

Not Available.

Corporate Registered No.

110111-3040013

Business Registered No.

Not Available.

Permit & Licenses

Not Available.

Shareholder Position

Not Available.

Company History

06/30/2004 Established

 

Due to the lack of the information, we contacted the subject for interview, however in several days trials to+82-70-7676-1140 and +82-31-740-9141, there is no one to receive our calls.

 

In spite of its website’s description, we guess the subject is relatively small company having less than 5 staffs.

 

 

Management

 

Job Description

Title

Name

Sex

Nationality

Inauguration Day

Representative Director

Mr.

Eom Tae-Joon

Male

Korean

06/30/2004

Auditor

M/S.

Eom Hei-Yon

Female

Korean

06/30/2004

 

 

Financials

 

The financial is not available.

 

 

Financial Description

 

Authorized Capital

200,000,000

Paid-Up Capital

50,000,000

Total Issues Shares

10,000

 

 

Related Parties (Subsidiaries, Joint-

Venture & Affiliates)

 

Overseas Office

Factory In China

201 Block Jinzhon District, Eastern Industrial Village, OCT, Shenzhen, China

 

U.S. Office 1

333 Sylvan Ave. # 109, Englewood Cliffs, NJ 07632, U.S.A.

 

U.S. Office 2

225 Bella Vista Way, Royal Palm Beach, FL 33411, U.S.A.

 

 

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

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

 

 

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%)

 

 

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