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Report Date : |
23.03.2007 |
IDENTIFICATION
DETAILS
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Name : |
TAEJU INTERNATIONAL |
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Registered Office : |
Rm. No.703, 105 Dong Choung-Gu Apt, Banghak-dong,
Dobong-gu, Seoul – 132-020 |
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Country : |
Korea |
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Date of Incorporation : |
-- |
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Legal Form : |
Sole
Proprietorship |
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Line of Business : |
Wholesales of
Leather and Leather Products |
RATING &
COMMENTS
|
MIRA’s Rating : |
C |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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Status : |
Small Concern |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
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Company Name |
TAEJU INTERNATIONAL |
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Registered
Address |
Rm. No.703, 105 Dong Choung-Gu Apt, Banghak-dong,
Dobong-gu, Seoul, Korea |
|
Zip Code |
132-020 |
|
Tel |
+82-2-3493-0820 |
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Fax |
+82-2-6228-0820 |
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E-mail |
105703@hanafos.com |
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Trading Address |
Rm. No.703, 105 Dong Choung-Gu Apt, Banghak-dong, Dobong-gu, Seoul, Korea |
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Tel |
+82-2-3493-0820 |
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Fax |
+82-2-6228-0820 |
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Type |
Import |
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Industry |
Wholesales of
Leather and Leather Products |
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Main Business |
Leather
Products |
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Established (mm/dd/yyyy) |
Not Available. |
The owner of the
subject owns the premises of the registered address.
Detailed Products
|
Activity |
Detailed
Products (UNSPSC) |
|
Sell |
Leather |
|
Sell |
Leather Products |
CEO’s
|
Name |
Kim Joong-Gil Mobile
:+82-11-265-0150 |
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Title |
Owner |
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Sex |
Male |
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Nationality |
Korean |
Profiles
|
Capital |
Not Applicable to Sole Proprietorship |
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Employees |
1 |
|
Formation |
Sole
Proprietorship |
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Bank Details |
N/A |
|
Corporate
Registered No. |
Not Applicable
to Sole Proprietorship |
|
Business
Registered No. |
N/A |
|
Permit &
Licenses |
N/A |
|
Shareholder
Position |
The owner has
100% shares. |
|
Company
History |
N/A |
Due to the very limited
information, we contacted to the subject directly and talked with one woman.
(We do not know of her name, but we guess she is the owner’s wife.)
She confirmed
that the subject’s basic information and simple business activities. They are
doing the offer business and importing leather products from other countries
including India. The Subject sells leather and leather products to the
wholesalers.
Mr. Kim Joong-Gil is only one person working for the subject company and he has been engaged in this industry over 10 years.
The address the subject is registered is only for the residential area, not for the commercial area.
Management
|
Job
Description |
Title |
Name |
Sex |
Nationality |
Inauguration
Day |
|
Owner |
Mr. |
Kim Joong-Gil |
Male |
Korean |
|
Financials
The financial is
not available.
Products,
Technologies, Services
Description
|
Main Products
& Services |
Leather
Products |
Related Parties
(Subsidiaries, Joint-
Venture &
Affiliates)
|
Cooperative
Enterprise |
International
Leather Split Groupware S.A.S. |
Sales by Region (Activity
& Markets)
The subject imports the leather products from 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 |
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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 |
|
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 |
|
<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%)