MIRA INFORM REPORT

 

 

 

Report Date :

21.08.2008

 

IDENTIFICATION DETAILS

 

Name :

KIM'S TRADE COMPANY

 

 

Registered Office :

Rm.330-2, ANT B/D. 197-8, Donggyo-dong, Mapo-gu, Seoul, 121-819

 

 

Country :

Korea

 

 

Legal Form :

Sole Proprietorship

 

 

Line of Business :

Wholesales of Agricultural Materials

 

 

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.

Small

 

Status :

Small Concern

 

 

Payment Behaviour :

Unknown

 

 

Litigation :

Clear

 

 

 

 

Basic

 

Company Name

KIM'S TRADE COMPANY

Registered Address

197-8, Donggyo-dong, Mapo-gu, Seoul, Korea

Building

Rm.330-2, ANT B/D.

Zip Code

121-819

Tel

+82-707-567-5671

Fax

+82-2-3662-1020

E-mail

wonkkim@hanmail.net

Trading Address

Rm.330-2, ANT B/D., 197-8, Donggyo-dong, Mapo-gu, Seoul, Korea

Tel

+82-707-567-5671

Fax

+82-2-3662-1020

Type

Import/Export

Industry

Wholesales of Agricultural Materials

  Main Business

Peat Moss, Coco Peat

Established (mm/dd/yyyy)

N/A

The Subject occupies the premises of registered HQ address by leasing base. And the premises are supplied as A Business Incubator Center for small enterprises.

 

 

Detailed Products

 

Activity

Detailed Products (UNSPSC)

Sell

Peat moss(11121703)

 

 

CEO’s

 

Name

Kim Won-Ki(Mobile : +82-11-495-9962)

Address

#107-907, Daelim Apt. Deungchon-dong, Gangseo-gu, Seoul, Korea

Date of Birth

08/30/1968

Title

Owner

Sex

Male

Nationality

Korean

 

 

Profiles

 

Capital

Not Applicable to the Sole Proprietorship

Employees

1

Formation

Sole Proprietorship

Bank Details

N/A

Corporate Registered No.

Not Applicable to the Sole Proprietorship

Business Registered No.

N/A., and its number is kept by the National Tax Service confidentially.

Permit & Licenses

Int’l Trade No. : 30568897

Shareholder Position

The Owner has 100% shares.

Company History

N/A

 

 

Management

 

Job Description

Title

Name

Sex

Nationality

Inauguration Day

Owner

Mr.

Kim Won-Ki

Male

Korean

-

 

 

Financials                                               

 Unit: KRW

The financial is not available, and the subject does not have any obligation to releases its financials to the public.

 

Financial Description                                                                                               

                                                                                                                                    Unit: KRW

Authorized Capital

Not Applicable to the Sole Proprietorship

Paid-Up Capital

Not Applicable to the Sole Proprietorship

Total Issues Shares

Not Applicable to the Sole Proprietorship

 

 

Products, Technologies, Services Description

 

Main Products & Services

Peat Moss, Coco Peat

 

 

Trade Partners

 

Competitors

GREEN SUPPLIES CO., LTD.

17-7, DONGSAN-DONG, DEOKYANG-GU, GOYANG-SI, GYEONGGI-DO, KOREA

TEL:+82-2-382-1212  FAX:+82-2-382-1211

 

E WOO KOREA AGRI CO.

507-5, GUUN-DONG, GWONSEON-GU, SUWON-SI, GYEONGGI-DO, KOREA

TEL:+82-31-291-4568  FAX:+82-31-291-4569

 

WANG CO., LTD.

YANGJAE-DONG FLWERING PLANT JOINT MARKET, 232, YANGJAE 2-DONG, SEOCHO-GU, SEOUL, KOREA

TEL:+82-2-579-5083  FAX:+82-2-578-8638

 

 

Sales by Region (Activity & Markets)

 

The Subject imports from South East Asia.


 

Court Action

 

Not Available.

 

 

News Clipping

 

--

 

 

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.43.58

UK Pound

1

Rs.81.43

Euro

1

Rs.64.52

 

 

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.

 

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

 

 

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%)

 

 

 

 

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