MIRA
INFORM REPORT
|
Report Date : |
04.12.2008 |
IDENTIFICATION
DETAILS
|
Name : |
KIM`S HANDLE
CO., LTD. |
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|
|
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Registered Office : |
1063-9, Eobang-dong, Gimhae-si,
Gyeongsangnam-do, 621-916 |
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Country : |
Korea |
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Date of Incorporation : |
28.06.2005 |
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|
Legal Form : |
Company Limited by Shares |
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Line of Business : |
Wholesale of Household Ceramics, Non-electric Kitchen Utensils and
Wooden Ware |
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 Company |
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|
|
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
Basic
|
Company
Name |
KIM`S HANDLE
CO., LTD. (Korean Company
Name : “킴스핸들”) |
|
Registered Address |
1063-9, Eobang-dong, Gimhae-si,
Gyeongsangnam-do, Korea |
|
Zip Code |
621-916 |
|
Tel |
+82-55-327-1145 |
|
Fax |
+82-55-327-0618 |
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E-mail |
webmaster@kasmain.com |
|
Website |
www.kimshandle.com;www.kasmain.com |
|
Trading Address |
1063-9, Eobang-dong, Gimhae-si,
Gyeongsangnam-do, Korea |
|
Tel |
+82-55-327-1145 |
|
Fax |
+82-55-327-0618 |
|
Other Address-Branch |
224,
Hwaseong-ri, Seongnam-myeon, Dongnam-gu, Cheonan-si, Chungcheongnam-do, Korea |
|
Type |
Export/Import |
|
Industry |
Wholesale of Household Ceramics, Non-electric Kitchen Utensils and
Wooden Ware |
|
Main
Business |
Kitchenware Knobs, Domestic Stock Pot Side Handles, Domestic Frying
Pan Long Handles, Kitchenware Accessory |
|
Sub Business |
Ship Parts, Machinery Parts |
|
Established (mm/dd/yyyy) |
06/28/2005 |
The Subject Company
occupies the premises of registered HQ address by leasing base.
Detailed Products
|
Activity |
Detailed Products (UNSPSC) |
|
Sell |
Domestic kitchen tools and
utensils(52151600) |
|
Sell |
Domestic cookware(52151800) |
CEO’s
|
Name |
Kim Jong-Moon |
|
Address |
266, Daeseong-dong, Gimhae-si,
Gyeongsangnam-do, Korea |
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Date of Birth |
08/04/1962 |
|
Title |
President & CEO |
|
Sex |
Male |
|
Nationality |
Korean |
Profiles
|
Capital |
600,000,000 KRW |
|
Employees |
6 |
|
Formation |
Co., Ltd by shares |
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Bank Details |
N/A |
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Corporate Registered No. |
180111-0524222 |
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Business Registered No. |
N/A (The numbers are kept by the National
Tax Service confidentially.) |
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Permit & Licenses |
N/A |
|
Shareholder Position |
N/A |
|
Company History |
06/28/2005 Incorporated as KASMAIN CO.,
LTD. 10/25/2005 Changed company name to the present name 01/02/2007 Moved to the present HQ address from 1467-3, Songjeong-dong
,Gangseo-gu, Busan, Korea 09/21/2007 Increased the authorized shares to 300,000 shares from
40,000 shares 09/29/2007 Increased capital to 600,000,000 KRW from 300,000,000 KRW |
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|
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Management
|
Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Date |
|
President & CEO |
Mr. |
Kim Jong-Moon |
Male |
Korean |
06/28/2005 |
|
Director |
M/S. |
Kim Myung-Im |
Female |
Korean |
06/28/2005 |
|
Director |
Mr. |
Kim Keon-Gon |
Male |
Korean |
09/21/2007 |
|
Auditor |
M/S. |
Ha Jung-Yi |
Female |
Korean |
06/28/2005 |
Financials
Unit: KRW
|
Year |
|
|
Sales |
|
|
|
1,500,000,000 |
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 |
3,000,000,000 |
|
Paid-Up
Capital |
600,000,000 |
|
Total Issues Shares |
60,000 |
Products, Technologies, Services
Description
|
Main
Products & Services |
The Subject supplies a variety of handles, knobs,
glass and STS lids, as well as other kitchen tools. Cook/Bakeware Cooking Accessories (Non-electric Cookware Cookware Replacement Parts Glass Cookware Handles Kitchen Tools & Gadgets Side Handle Long Handle Knob Glass Lid Utensil |
Trade
Partners
|
Customers |
Kitchenware Manufacturers |
|
Competitors |
ILJIN INDUSTRY CO., LTD. 277-9, JANGRIM 2-DONG, SAHA-GU, BUSAN,
KOREA TEL:+82-51-266-1084~5 FAX:+82-51-262-8906 SUN WOO IND. CO., LTD. 251-6, HANG-DONG, HANAM-SI, GYEONGGI-DO,
KOREA TEL:+82-31-793-1172 FAX:+82-31-793-1176 DONG NAM KOREA CO., LTD. 3RD FL., 556-23, SINSA-DONG, GANGNAM-GU,
SEOUL, KOREA TEL:+82-2-3474-6393 FAX:+82-2-3474-6391 |
Related Parties (Subsidiaries,
Joint-Venture & Affiliates)
|
Affiliates |
CHANGSHU KSAMAIN CO., LTD. RENYANG TOWN, CHANGSHU CITY, JIANGSU
PROVINCE, P.R. CHINA TEL:+86-512-5258-6145 FAX:+86-512-5258-4218 XIANGSHAN KIM’S HANDLE CO., LTD. NO.317, XIGUROAD, XIANGSHAN INDUSTRIAL
DEMONSTRATION PART, ZHEJIANG, P.R. CHINA TEL:+86-512-5258-6145 FAX:+86-512-5258-4218 KWANGDONG INDUSTRY CO., LTD. 1467-3, SONGJEONG-DONG ,GANGSEO-GU, BUSAN, KOREA TEL:+82-51-831-6565 FAX:+82-51-831-6575 |
Sales by
Region (Activity &
Markets)
The Subject imports
from China.
Court
Action
Not Available
News
Clipping
--
FOREIGN EXCHANGE
RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.49.69 |
|
UK Pound |
1 |
Rs.72.96 |
|
Euro |
1 |
Rs.63.46 |
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 |
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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%)