MIRA
INFORM REPORT
|
Report Date : |
1st March, 2007 |
IDENTIFICATION
DETAILS
|
Name : |
ENVIRO CO. |
|
|
|
|
Registered Office : |
797-1, Ugye-ri, Sangdong-myeon, Gimhae-si,
Gyeongsangnam-Do, Korea |
|
|
|
|
Country : |
Korea |
|
|
|
|
Date of Incorporation : |
26.12.2002 |
|
|
|
|
Legal Form : |
Sole Proprietorship |
|
|
|
|
Line of Business : |
Manufacture of Lubricating Oils and Greases. |
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 Information
|
Company Name |
ENVIRO
CO. |
|
Address |
797-1,
Ugye-ri, Sangdong-myeon, Gimhae-si, GYEONGSANGNAM-DO, KOREA |
|
Zip Code |
621-812 |
|
Tel |
+82-55-329-5323 |
|
Fax |
+82-55-329-5320 |
|
Website |
http://enviroco.en.ec21.com |
|
Type |
Export |
|
Industry |
Manufacture of Lubricating Oils and Greases |
|
Main Business |
Colorants |
|
Sub Business |
Manufacture of Synthetic Coloring Materials, Tanning Materials and
Other Coloring Agents |
|
Established |
12/26/2002 |
Detailed Products
|
Activity |
Detailed Products (UNSPSC) |
|
Sell |
Gasoline Engine Oils |
|
Sell |
Motor Cycle Engine Oils |
|
Sell |
Naphthene Process Oil |
|
Sell |
Aromatic Process Oil |
|
Sell |
Hydrocarbon Solvent |
|
Sell |
V.C.I (Volatile Corrosion Inhibitor) Master Batch |
|
Sell |
PET Master Batch |
|
Sell |
Polyolefin Master Batch |
|
Sell |
Process Oil |
Others
|
Name |
Nam Jeong-Chul |
|
Address |
- |
|
Date of Birth |
N/A |
|
Title |
Owner |
|
Sex |
Male |
|
Nationality |
Korean |
|
Capital |
Not Applicable to
Sole Proprietorship |
|
Employees |
4 |
|
Formation |
Sole Proprietorship |
The subject manufactures softening Oil for
Metal Processing and OEM Synthetic Coloring Materials
Management
|
Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Day |
|
Owner |
Mr. |
Nam Jeong-Chul |
Male |
Korean |
|
|
Manager |
Mr. |
Kim Il-Min |
Male |
Korean |
|
Bank
Details
N/A
Corporate
Registered No.
Not Applicable to Sole Proprietorship
Business
Registered No.
617-14-51212
Shareholder
Position
The owner has 100% shares.
Company
History
12/26/2002
Established.
11/30/205 Awarded
US$1 Million Export Top Prize
Products, Technologies, Services
Description
|
Main Products & Services |
Chemicals, Plastics, and Raw Materials Petroleum, Coal, and Gas Glues Detergents Dyestuffs, Pigments, Paints, and Inks Rubber and Plastics |
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