MIRA
INFORM REPORT
|
Report Date : |
16.03.2007 |
IDENTIFICATION
DETAILS
|
Name : |
ORIGINAL LEATHER CO. |
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Registered Office : |
269-78, Seongsu-dong 2(i)-ga, Seongdong-gu, Seoul
- 133-120 |
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Country : |
Korea |
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Date of Incorporation : |
03/05/2003 |
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Legal Form : |
Sole Proprietorship |
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Line of Business : |
Wholesales of Leather Products and Fur
Products |
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 |
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Status : |
Small Company |
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Payment Behaviour : |
-- |
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Litigation : |
Clear |
Basic
|
Company
Name |
ORIGINAL LEATHER CO. |
|
Registered Address |
269-78, Seongsu-dong 2(i)-ga, Seongdong-gu, Seoul,
Korea |
|
Zip Code |
133-120 |
|
Type |
Import/Export |
|
Industry |
Wholesales of Leather Products and Fur
Products |
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Established (mm/dd/yyyy) |
03/05/2003 |
Detailed Products
|
Activity |
Detailed Products (UNSPSC) |
|
Sell |
Leather Products |
|
Sell |
Fur Products |
CEO’s
|
Name |
Cha Myung-Hak |
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Title |
Owner |
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Sex |
Male |
|
Nationality |
Korean |
Profiles
|
Capital |
Not Applicable to
the Sole Proprietorship |
|
Employees |
N/A |
|
Formation |
Sole Proprietorship |
|
Bank Details |
Industrial Bank of Korea |
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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 |
03/05/2003
Established |
We only could identify the subject company as
above information. We tried to find the contact numbers, but we only found
their address and President name.
Due to lack of the information on the
subject, if we could have the any contact number from your clients, we will
definitely submit the after trying to get more information again.
Management
|
Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Day |
|
Owner |
Mr. |
Cha Myung-Hak |
Male |
Korean |
03/05/2003 |
Financials
Not Available
Products, Technologies,
Services
Description
|
Main
Products & Services |
Leather Products |
Sales by Region (Activity
& Markets)
Not Available.
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 |
|
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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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%)