MIRA
INFORM REPORT
|
Report Date : |
01.12.2008 |
IDENTIFICATION
DETAILS
|
Name : |
HUNSONG STEEL ENTERPRISE CO. |
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Registered Office : |
Pungdeokcheon-dong, Suji-gu, Yongin-si, Gyeonggi-do 448-505 |
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Country : |
Korea |
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Legal Form : |
Sole Proprietorship |
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Line of Business : |
Wholesale of Basic Metals |
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 |
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Status : |
Small Concern |
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
Basic
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Company
Name |
HUNSONG STEEL ENTERPRISE CO. |
|
Registered Address |
Pungdeokcheon-dong, Suji-gu, Yongin-si,
Gyeonggi-do, Korea |
|
Zip Code |
448-505 |
|
Tel |
+82-31-251-1053 |
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Fax |
+82-31-254-1032 |
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Trading Address |
Pungdeokcheon-dong, Suji-gu, Yongin-si,
Gyeonggi-do, Korea |
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Tel |
+82-31-251-1053 |
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Fax |
+82-31-254-1032 |
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Type |
Export/Import |
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Industry |
Wholesale of Basic Metals |
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Sub Business |
Galvanized Iron, Cold Rolled Steel Coil, H-Beam |
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Established (mm/dd/yyyy) |
N/A |
Detailed Products
|
Activity |
Detailed Products (UNSPSC) |
|
Sell |
Iron and Non-ally Steel in Ingots or Other Primary Forms(HS Code :
7206) |
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Sell |
Steel plate(30102204) |
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Sell |
Coil(30101900) |
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Sell |
Steel beams(30101704) |
CEO’s
|
Name |
Park Min-Su |
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Title |
Owner |
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Sex |
Male |
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Nationality |
Korean |
Profiles
|
Capital |
Not Applicable to
the Sole Proprietorship |
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Employees |
1 |
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Formation |
Sole Proprietorship |
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Bank Details |
N/A |
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Corporate Registered No. |
Not Applicable to the Sole Proprietorship |
|
Business Registered No. |
N/A., The numbers are kept by the National
Tax Service confidentially. |
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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 |
N/A |
Due to lack of the
information on the subject, we contacted the subject directly at +82-31-251-1053.
However one man replied that he does not know of the subject company. In our research
through the official channels including the Court Registry at which every Co.,
Ltd type of company should be registered, we could not find any companies using
the same company name.
For the address provided, “Kyunggi-do Pu-Dong 144 Hunsong Building
Puchon City South” is not the right address. There is no area called as Pu-Dong
in Puchon City, Kyunggi-do, Korea. In our research, we found that the subject
had another phone & fax numbers(+82-31-265-2344, +82-31-265-2345), but the
contact we tried also did not know of the company. The address we submitted is
almost matching with the phone & fax numbers we referred.
And the phone number checking, we also could not find any companies matching
with the subject company. So we regret we cannot give you of the confirmation
that the subject is existing or not.
Management
|
Job Description |
Title |
Name |
Sex |
Nationality |
Date of Birth |
|
Owner |
Mr. |
Park Min-Su |
Male |
Korean |
N/A |
Financials
The financials are
not available, and the Subject Company does not have any obligations to release
its financials to the public.
Financial Description
Unit: KRW
|
Authorized
Capital |
Not Applicable to the Sole Proprietorship |
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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 |
Prime Galvanized Sheet & Coil Prime Electro Galvanized Sheet & Coil Prime Cold Rolled Coil Prime Hot Rolled Coil Prime CRNGO & CRGO Coil Prime Tinplates |
Trade
Partners
|
Competitors |
COIN STEEL CO., LTD. B-508, SYANGJERIJE CENTER, 889-47, DAECHI 4-DONG,
GANGNAM-GU, SEOUL, KOREA TEL:+82-2-2051-7926 FAX:+82-2-2051-7954 METAL KOREA CO., LTD. RM. 1416, HYUNDAI DREAM TOWER, 923-14, MOK
1-DONG, YANGCHEON-GU, SEOUL, KOREA TEL:+82-2-2644-9371 FAX:+82-2-2644-9374 TAESAN CORPORATION RM. 1303, URI VENTURE TOWN 2-CHA, 82-29,
MULLAE-DONG 3-GA, YEONGDEUNGPO-GU, SEOUL, KOREA TEL:+82-2-3486-4950 FAX:+82-2-3486-4951 |
Sales by
Region (Activity &
Markets)
Not Available.
Court
Action
Not Available.
News
Clipping
--
FOREIGN EXCHANGE
RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.49.84 |
|
UK Pound |
1 |
Rs.76.81 |
|
Euro |
1 |
Rs.64.38 |
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%)