MIRA
INFORM REPORT
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Report Date : |
9th
February, 2007 |
IDENTIFICATION
DETAILS
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Name : |
METAL
NET CO., LTD. |
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Registered Office : |
440-2,
Majo-ri, Haseong-myeon, Gimpo-si, Gyeonggi-Do, Korea |
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Country : |
Korea |
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Date of Incorporation : |
10.11.2000 |
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Com. Reg. No.: |
105-86-18866 |
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Legal Form : |
Company
Limited by Shares |
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Line of Business : |
Wholesale
of Metal Plates, Bars, Pipes, and Basic Metals. |
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 : |
Usually
Correct |
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Litigation : |
Clear |
Basic
Information
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Company Name |
METAL NET CO., LTD. |
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Address |
440-2, Majo-ri,
Haseong-myeon, Gimpo-si, GYEONGGI-DO, KOREA |
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Zip Code |
415-883 |
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Tel |
+82-31-996-2677 |
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Fax |
+82-31-996-2680 |
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E-mail |
metalnet1@yahoo.co.kr |
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Type |
Export/Import |
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Industry |
Wholesale
of Metal Plates, Bars, Pipes, and Basic Metals |
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Main Business |
Stainless
Steel Wire, Bar, Fastener |
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Established |
11/10/2000 |
Detailed Products
|
Activity |
Detailed
Products |
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Sell |
Stainless
steel rods(30102405) |
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Sell |
Mechanical
wire(31151800) |
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Sell |
Stainless
steel bars(30101605) |
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Sell |
Ferrous
metal billets(30103312) |
Others
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Name |
Park Cheon-Sang |
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Address |
442-1, Amsa-dong ,Gangdong-gu, Seoul 134-050
Korea |
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Date of
Birth |
02/17/1969 |
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Title |
President & CEO |
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Sex |
Male |
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Nationality |
Korean |
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Capital |
50,000,000 KRW |
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Employees |
3 |
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Formation |
Co., Ltd., by shares |
The subject
deals with the companies in China, Taiwan, Hong Kong, India, Japan, Pakistan
and USA.
Management
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Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Day |
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President & CEO |
Mr. |
Park Cheon-Sang |
Male |
Korean |
12/28/2004 |
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Director |
Mr. |
Jang
Soon-Phil |
Male |
Korean |
12/28/2004 |
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Auditor |
Mr. |
Lee
Jong-Myung |
Male |
Korean |
02/06/2006 |
Financials
Unit: KRW
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Year |
Sales |
Assets |
Net income |
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2005 |
14,000,000,000 |
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2004 |
7,300,000,000 |
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2003 |
4,700,000,000 |
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2002 |
3,000,000,000 |
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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 Issues Shares |
10,000 |
Corporate
Registered No.
110111-2107997
Business
Registered No.
105-86-18866
Company
History
11/10/2000 Established
11/2005 Awarded U$10 Million at Int’l Tradng Day
02/07/2006
Moved to the present address from 461, Gongdeok 2-dong ,Mapo-gu, Seoul, Korea
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 |
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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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