MIRA
INFORM REPORT
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Report Date : |
16.03.2007 |
IDENTIFICATION
DETAILS
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Name : |
A IN WORLD CO.,
LTD. |
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Registered Office : |
B1 FL., Songhyun B/D., 55-3, Nonhyeon-dong, Gangnam-gu, Seoul, 135-010 |
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Country : |
Korea |
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Date of Incorporation : |
07/21/1995 |
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Legal Form : |
Company Limited by shares |
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Line of Business : |
Wholesales of Leather for sofa and furniture |
RATING &
COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Status : |
Small Company |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
Basic
|
Company Name |
A IN WORLD CO.,
LTD. |
|
Registered Address |
55-3, Nonhyeon-dong,
Gangnam-gu, Seoul, Korea |
|
Building |
B1 FL., Songhyun B/D. |
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Zip Code |
135-010 |
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Tel |
+82-2-511-2452 |
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Fax |
+82-2-511-2450 |
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Trading Address |
B1 FL., Songhyun B/D., 55-3, Nonhyeon-dong, Gangnam-gu, Seoul, Korea |
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Tel |
+82-2-511-2452 |
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Fax |
+82-2-511-2450 |
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Type |
Import/Export |
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Industry |
Wholesales of Leather for sofa and furniture |
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Established |
07/21/1995 |
Detailed Products
|
Activity |
Detailed
Products (UNSPSC) |
|
Sell |
Leather products
for furniture |
CEO’s
|
Name |
Choi Sung-Jong |
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Address |
160-10, Nonhyeon-dong,
Gangnam-gu, Seoul, Korea |
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Date of Birth |
08/09/1963 |
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Title |
President & CEO |
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Sex |
Male |
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Nationality |
Korean |
Profiles
|
Capital |
50,000,000 KRW |
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Employees |
Less than five(5) |
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Formation |
Co., Ltd by shares |
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Bank Details |
Industrial Bank of Korea |
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Corporate Registered No. |
110111-1179616 |
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Business Registered No. |
N/A |
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Permit & Licenses |
N/A |
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Shareholder Position |
N/A |
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Company History |
07/21/1995
Established |
Due to the lack of the information on the subject, we contacted the
subject directly and the phone has been linked to one woman’s mobile phone. We
asked her about their company information, but she did not want to open their
information.
In our question on their number of staffs, she did not say, but we guess
there are less than five(5) staffs for the subject company.
He confirmed that they are importing leather for making sofa from some
countries including India, and not exporting.
Management
|
Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Day |
|
President & CEO |
Mr. |
Choi Sung-Jong |
Male |
Korean |
07/21/1995 |
|
Director |
Mr. |
Kim Cheon-Doo |
Male |
Korean |
03/02/2000 |
|
Auditor |
Mr. |
Kim Jong-Ku |
Male |
Korean |
03/02/2006 |
Financials
Not Available.
Financial Description
Unit:
KRW
|
Authorized Capital |
200,000,000 |
|
Paid-Up Capital |
50,000,000 |
|
Total Issues Shares |
10,000 |
Products,
Technologies, Services
Description
|
Main Products & Services |
The Subject imports leather Products for making Sofa and Furniture and
distributes to the domestic market. |
Sales by Region (Activity
& Markets)
The Subject imports
leather products for furniture from India and other countries.
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 |
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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%)