MIRA
INFORM REPORT
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Report Date : |
19.06.2007 |
IDENTIFICATION DETAILS
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Name : |
F & T KOREA CO. |
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Registered Office : |
Rm.501, Chung Song B/D., 747-8, Banpo-dong,
Seocho-gu, |
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Country : |
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Legal Form : |
Sole Proprietorship |
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Line of Business : |
Wholesales of Textiles |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 : |
Regular |
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Litigation : |
Clear |
Basic
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Company
Name |
F & T KOREA CO. |
|
Registered Address |
747-8, Banpo-dong,
Seocho-gu, |
|
Building |
Rm.501, Chung Song B/D. |
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Zip Code |
137-040 |
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Tel |
+82-2-3446-3501 |
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Fax |
+82-2-3446-3502 |
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E-mail |
ftcorea@yahoo.co.kr |
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Trading Address |
Rm.501, Chung
Song B/D., 747-8, Banpo-dong, Seocho-gu, |
|
Tel |
+82-2-3446-3501 |
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Fax |
+82-2-3446-3502 |
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Type |
Import/Export |
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Industry |
Wholesales of Textiles |
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Established (mm/dd/yyyy) |
N/A |
Detailed Products
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Activity |
Detailed Products (UNSPSC) |
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Sell |
Textiles |
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Sell |
Fabrics |
CEO’s
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Name |
N/A |
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Title |
Owner |
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Sex |
Male |
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Nationality |
Korean |
Profiles
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Capital |
Not applicable to
the Sole Proprietorship |
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Employees |
2 |
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Formation |
Sole Proprietorship |
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Bank Details |
N/A |
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Corporate Registered No. |
Not applicable to the Sole Proprietorship |
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Business Registered No. |
N/A |
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Permit & Licenses |
N/A |
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Shareholder Position |
The owner has 100% shares. |
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Company History |
N/A |
Due to lack of the
information, we contacted the subject directly, and talked with the owner of
the subject company. He confirmed of their basic contact information. And he
also confirmed that they are exporting the textiles to Asian countries including
If we can get the
authority to open your clients name, then, we will definitely try to get once
again.
Management
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Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Day |
|
Owner |
Mr. |
N/A |
Male |
Korean |
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Director |
Mr. |
Mr. Yoo |
Male |
Korean |
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Mr. Yoo is in-charge-of international trading and sales.
Financials
The financial is not available.
Sales by Region (Activity
& Markets)
The Subject exports the textiles and fabrics to
Court Action
Not Available.
RATING EXPLANATIONS
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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 |
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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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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%)