MIRA INFORM REPORT

 

 

Report Date :

8th January, 2007

 

IDENTIFICATION DETAILS

 

Name :

TAKSON SPORTS WEAR CO., LTD.

 

 

Registered Office :

Sejung B/D, 10-3, Chang-dong, Dobong-gu, Seoul, Korea

 

 

Country :

Korea

 

 

Date of Incorporation :

30.06.2003

 

 

Legal Form :

Company Limited by Shares

 

 

Line of Business :

Wholesale of Shirts and Outer Garments

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Status :

Satisfactory

 

 

Payment Behaviour :

No Complaints

 

 

Litigation :

Clear

 

 


Basic Information

 

Company Name

Takson Sports Wear Co., Ltd.

Address

10-3, Chang-dong, Dobong-gu, Seoul, Korea

Building

Sejung B/D.

Zip Code

132-040

Tel

+82-2-999-6696

Fax

+82-2-999-6694

E-mail

cofri@chol.com

Type

Export/Import

Industry

Wholesale of Shirts and Outer Garments

Main Business

Jacket, Pants

Established

06/30/2003

 

 

Detailed Products

 

Activity

Detailed Products (UNSPSC)

Sell

Jacket

Sell

Pants

Sell

Clothing(53100000)

Sell

Real Estate Leasing

 

 

Others

 

Name

Chae Won-Kyu

Mobile: +82-11-9498-7753

Address

737, Sanggye-dong, Nowon-gu, Seoul 139-200 Korea

Date of Birth

05/26/1972

Title

President & CEO

Sex

Male

Nationality

Korean

Capital

50,000,000 KRW

Employees

4

Formation

Co., Ltd by shares

 

 

Management

 

Job Description

Title

Name

Sex

Nationality

Inauguration Day

President & CEO

Mr.

Chae Won-Kyu

Male

Korean

06/30/2003

Director

M/S.

Moon Young

Female

Korean

03/31/2006

Auditor

Mr.

Moon Dae-Yol

Male

Korean

03/31/2006

 

 

Financials                                                

Unit: US$

Year

Sales

Assets

Net income

2005

US$3,500,000

 

 

2004

US$3,000,000

 

 

2003

US$1,500,000

 

 

2002

 

 

 

The subject’s sales are expected to US$4,050,000 for 2006.

 

 

Financial Description  

Unit: KRW

Authorized Capital

200,000,000

Paid-Up Capital

50,000,000

Total Issues Shares

10,000

 

 

Bank Details

Koea Exchange Bank

Corporate Registered No.

115411-0034381

Business Registered No.

127-81-81739

Company History

06/30/2003 Established

03/31/2006 Changed company name to Takson Sports Wear Co., Ltd from Takson Co Ltd.

05/15/2006 Moved to the present address from 533-2, Mubong-ri, Soheul-eup, Pocheon-si, Gyeonggi-do, Korea

 

 

Products, Technologies, Services Description

 

Main Products & Services

The subject imports/manufactures in China and exports clothing to USA and other countries.

 

 

Organization Structure

 

Customers

Champion-USA


 

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

 

 

 

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