MIRA
INFORM REPORT
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Report Date : |
06.12.2008 |
IDENTIFICATION
DETAILS
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Name : |
KA GLOBAL CO., LTD. |
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Registered Office : |
2FL., Dongsan Bldg., 2-2, Gunja-dong, Gwangjin-gu, Seoul 143-837 |
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Country : |
Korea |
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Date of Incorporation : |
08.09.2004 |
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Com. Reg. No.: |
204-81-87345 |
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Legal Form : |
Company Limited by Shares |
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Line of Business : |
Manufacture and Wholesale of Leather Garments |
RATING &
COMMENTS
|
MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Status : |
Small Company |
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
Basic
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Company
Name |
KA GLOBAL CO., LTD. (Korean Company Name : “케이에이그로발”) |
|
Registered Address |
2-2, Gunja-dong,
Gwangjin-gu, Seoul, Korea |
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Building |
2FL., Dongsan Bldg. |
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Zip Code |
143-837 |
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Tel |
+82-2-438-8089 |
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Fax |
+82-2-438-8044 |
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E-mail |
kjm0471@hotmail.com |
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Trading Address |
2FL.,
Dongsan Bldg., 2-2, Gunja-dong, Gwangjin-gu, Seoul, Korea |
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Tel |
+82-2-438-8089 |
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Fax |
+82-2-438-8044 |
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Type |
Import/Export |
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Industry |
Manufacture and Wholesale of Leather Garments |
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Main Business |
Leather Garments, Accessories |
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Established (mm/dd/yyyy) |
09/08/2004 |
The Subject Company
occupies the premises of registered HQ address by leasing base.
Detailed Products
|
Activity |
Detailed Products (UNSPSC) |
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Sell |
Coats and jackets(53101800) |
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Sell |
Clothing(53100000) |
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Sell |
Purses and handbags and bags(53121600) |
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Buy |
Leathers(11162300) |
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Buy |
Sheep leather(11162303) |
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Buy |
Pig leather(11162306) |
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Buy |
Cow leather(11162305) |
CEO’s
|
Name |
Seo Chang-Man |
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Address |
163, Yatap-dong, Bundang-gu, Seongnam-si,
Gyeonggi-do, Korea |
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Date of Birth |
09/25/1962 |
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Title |
President & CEO |
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Sex |
Male |
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Nationality |
Korean |
Profiles
|
Capital |
50,000,000 KRW |
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Employees |
5 |
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Formation |
Co., Ltd by shares |
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Bank Details |
Industrial Bank of Korea |
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Corporate Registered No. |
110111-3081257 |
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Business Registered No. |
204-81-87345 |
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Permit & Licenses |
N/A |
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Shareholder Position |
N/A |
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Company History |
09/08/2004 Incorporated as the present name 03/31/2007 Moved to the present HQ address
from 454-4, Sinnae-dong, Jungnang-gu, Seoul, Korea |
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|
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The Subject has a manufacturing factory in
China, and Seoul Head Office is in charge of sales & production management.
Management
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Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Date |
|
President & CEO |
Mr. |
Seo Chang-Man |
Male |
Korean |
05/12/2005 |
|
Director |
M/S. |
Lee Im-Sun |
Female |
Korean |
03/31/2007 |
|
Auditor |
Mr. |
Lee Dong-Woo |
Male |
Korean |
03/31/2007 |
Financials
Unit: KRW
|
Year |
|
|
Sales |
|
|
|
4,000,000,000 |
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
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Authorized
Capital |
200,000,000 |
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Paid-Up
Capital |
50,000,000 |
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Total Issues Shares |
5,000 |
Products, Technologies, Services
Description
|
Main
Products & Services |
Leather Garments, Other Leather Accessories |
Trade
Partners
|
Suppliers |
The Subject has a manufacturing factory in
China. |
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Competitors |
PHILKO INC. 8TH FL., BOSEONG BLDG., 891-25, DAECHI
4-DONG, GANGNAM-GU, SEOUL, KOREA TEL:+82-2-501-5285 FAX:+82-2-556-0744 ELIN CORPORATION 5TH FL., SINGANG BLDG., 309-141, SEONGSU-DONG
2-GA, SEONGDONG-GU, SEOUL, KOREA TELV82-2-466-2496 FAX:+82-2-466-2378 ILLWON KOREA CO., LTD. 83-16, GARAKBON-DONG, SONGPA-GU, SEOUL,
KOREA TEL:+82-2-404-6767 FAX:+82-2-404-6768 |
Sales by
Region (Activity &
Markets)
The Subject exports
to Japan and Europe.
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 |
|
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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 |
|
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%)