MIRA INFORM REPORT

 

 

Report Date :

20.03.2007

 

IDENTIFICATION DETAILS

 

Name :

MAEIL FISHERY CO

 

 

Registered Office :

# 218, Gongdong Fishery Market, 691-3, Nambumin 1(il)-dong, Seo-gu, Busan

 

 

Country :

Korea

 

 

Date of Incorporation :

--

 

 

Legal Form :

Sole Proprietorship

 

 

Line of Business :

Importing and distributing of Blue Crab.

 

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 Concern

 

 

Payment Behaviour :

--

 

 

Litigation :

Clear

 

 


Basic

 

Company Name

MAEIL FISHERY CO.

Registered Address

691-3, Nambumin 1(il)-dong, Seo-gu, Busan, Korea

Building

#218, Gongdong Fishery Market

Zip Code

602-801

Tel

+82-51-254-3625

Fax

+82-51-254-3628

E-mail

kdh0309@hotmail.com

Trading Address

#218, Gongdong Fishery Market, 691-3, Nambumin 1(il)-dong, Seo-gu, Busan, Korea

Tel

+82-51-254-3625

Fax

+82-51-254-3628

Type

Import

Industry

Fishery Products

  Main Business

Blue crab

Established (mm/dd/yyyy)

N/A

 

 

Detailed Products

 

Activity

Detailed Products (UNSPSC)

Sell

Blue crab

Sell

Fishery Products

 

 

CEO’s

 

Name

Jeon Young-Beom

Title

Owner

Sex

Male

Nationality

Korean

 

 

Profiles

 

Capital

Not Applicable to the Sole Proprietorship

Employees

3

Formation

Sole Proprietorship

Bank Details

Pusan Bank

Corporate Registered No.

Not Applicable to the Sole Proprietorship

Business Registered No.

N/A

Permit & Licenses

N/A

Shareholder Position

The owner has 100% shares

Company History

N/A

 

The subject is specialized in importing and distributing of Blue Crab.

 

Due to the lack of the information, we have contacted the subject. One woman told that the subject is mainly importing the fishery products. The international affairs are cared by Mr. Kwon Dong-Hee who is the owner of the other company, ‘SEA WIND CO.”, and “SEA WIND CO.” is at the same address with the subject company.

 

Mr. Kwon Dong-Hee is away from Korea and he will be away for about one month. The person we contacted, but, declined to open their information further.

 

 

Management

 

Job Description

Title

Name

Sex

Nationality

Inauguration Day

Owner

Mr.

Jeon Young-Beom

Male

Korean

 

 

 

Financials                                                

 

The financial is not available.

 

 

Sales by Region (Activity & Markets)

 

The subject is known that they have some deals with the companies in India.

 

 

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

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

 

 

 

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