MIRA
INFORM REPORT
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Report Date : |
14.04.2008 |
IDENTIFICATION
DETAILS
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Name : |
ASSEMCO CO., LTD. |
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Registered Office : |
#920, Punglim VIP Officetel, 404, Gongduk-dong, Mapo-gu, , Seoul |
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Country : |
Korea |
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Date of Incorporation : |
05.24.2006 |
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Com. Reg. No.: |
105-86-92721 |
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Legal Form : |
Company Limited by Shares |
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Line of Business : |
Wholesaler of Steel Coil, Steel Sheet |
RATING &
COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
Basic
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Company
Name |
ASSEMCO CO., LTD. |
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Registered Address |
404, Gongduk-dong, Mapo-gu, Seoul, Korea. |
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Building |
#920, Punglim VIP Officetel |
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Zip Code |
121-718 |
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Tel |
+82-2-701-3875 |
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Fax |
+82-2-701-3876 |
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E-mail |
assemcorea@yahoo.co.kr;englishchamp@naver.co |
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Website |
www.englishchampion.co.kr |
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Trading Address |
#920, Punglim VIP Officetel, 404, Gongduk-dong,
Mapo-gu, Seoul, Korea. |
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Tel |
+82-2-701-3875 |
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Fax |
+82-2-701-3876 |
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Type |
Import/Export |
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Industry |
Wholesale of Metal Plates, Bars, Pipes, and Basic Metals |
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Main Business |
Steel Coil, Steel Sheet |
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Sub Business |
Language Education via Internet |
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Established (mm/dd/yyyy) |
05/24/2006 |
The Subject
occupies the premises of registered address by leasing base.
Detailed Products
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Activity |
Detailed Products (UNSPSC) |
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Sell |
Paper Grinder |
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Sell |
Head Lamp |
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Sell |
Fry Pan Kit |
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Sell |
Cane |
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Sell |
Body Building Ware |
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Sell |
Battery Lantern |
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Sell |
Push Up Bar |
CEO’s
|
Name |
Kim Il-Hee |
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Address |
100, Yangpyeong-dong 6-ga ,Yeongdeungpo-gu,
Seoul, Korea |
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Date of Birth |
08/16/1977 |
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Title |
President & CEO |
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Sex |
Male |
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Nationality |
Korean |
Profiles
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Capital |
450,000,000 KRW |
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Employees |
5 |
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Formation |
Co., Ltd by shares |
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Bank Details |
Shinhan Bank |
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Corporate Registered No. |
110111-3463984 |
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Business Registered No. |
105-86-92721 |
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Permit & Licenses |
Int’l Trade No.: 45273122 |
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Shareholder Position |
N/A |
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Company History |
05/24/2006 Incorporated as the present
name 12/07/2007 Increased capital to
250,000,000 KRW from 50,000,000 KRW 12/14/2007 Increased capital to
450,000,000 KRW |
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|
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The Subject Company
is the wholesaler of various steel products located in Seoul Korea and supplies
Korean & Chinese products.
Management
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Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Day |
|
President & CEO |
Mr. |
Kim Il-Hee |
Male |
Korean |
05/24/2006 |
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Chief Manager |
Mr. |
Kim Wan-Soo |
Male |
Korean |
12/13/2007 |
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Auditor |
M/S. |
Oh Hyun-Joo |
Female |
Korean |
01/04/2008 |
Financials Unit: KRW
|
Year |
Sales |
Assets |
Net income |
|
61,000,000 |
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The full financial
is not available, and the subject does not have any obligation to releases its
financials to the public.
Financial
Description Unit: KRW
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Authorized Capital |
1,800,000,000 |
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Paid-Up
Capital |
450,000,000 |
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Total Issues Shares |
90,000 |
Products, Technologies, Services
Description
|
Main
Products & Services |
Paper Grinder Head Lamp Fry Pan Kit Cane Body Building Ware Battery Lantern Push Up Bar Language Education via Internet Brand Name English Champion |
Sales by
Region (Activity &
Markets)
The Subject deals with the companies in China, Vietnam and Pakistan.
Court
Action
Not Available.
News
Clipping
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RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
|
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>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. |
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%)