MIRA
INFORM REPORT
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Report Date : |
05.12.2008 |
IDENTIFICATION
DETAILS
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Name : |
INTER-WAVE CO., LTD. |
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Registered Office : |
Inter-Wave Bldg., 34-11, Samseong 2-dong, Gangnam-gu, Seoul 135-867 |
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Country : |
Korea |
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Date of Incorporation : |
14.01.2003 |
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Com. Reg. No.: |
211-87-26843 |
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Legal Form : |
Company Limited by Shares |
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Line of Business : |
Manufacture of Women's Suits
and Coats |
RATING &
COMMENTS
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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 |
INTER-WAVE CO., LTD. (Korean Company Name : “인터웨이브”) |
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Registered Address |
34-11, Samseong 2-dong,
Gangnam-gu, Seoul, Korea |
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Building |
Inter-Wave Bldg. |
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Zip Code |
135-867 |
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Tel |
+82-2-541-4572 |
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Fax |
+82-2-541-4573 |
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E-mail |
basicwindow@inter-wave.co.kr;admin@inter_wave.co.kr;00ekdna@hanmail.net;
jillby@naver.com |
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Website |
www.inter-wave.co.kr |
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Trading Address |
Inter-Wave Bldg., 34-11, Samseong 2-dong, Gangnam-gu, Seoul, Korea |
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Tel |
+82-2-541-4572 |
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Fax |
+82-2-541-4573 |
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Other Address-Shinsegae Chelsea Branch |
Rm.2408, Yeoju Shinsegae Premium Outlet,
San 15-1, Sanggeo-ri, Yeoju-eup, Yeoju-gun, Gyeonggi-do, Korea |
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Type |
Import/Export |
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Industry |
Manufacture of Women's Suits
and Coats |
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Main Business |
Lady Garment, Pants, Jackets, Fabrics, Shoes,
Accessories |
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Established (mm/dd/yyyy) |
01/14/2003 |
The Subject owns
the premises of registered HQ address.
Detailed Products
|
Activity |
Detailed Products (UNSPSC) |
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Sell |
Dresses and skirts and saris and
kimonos(53102000) |
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Sell |
Womens shirts or blouses(53101604) |
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Sell |
Womens coats or jackets(53101804) |
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Sell |
Womens slacks or trousers or
shorts(53101504) |
CEO’s
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Name |
Kang Soon-Young |
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Address |
649, Gaepo-dong, Gangnam-gu, Seoul, Korea |
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Date of Birth |
04/05/1970 |
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Title |
President & CEO |
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Sex |
Female |
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Nationality |
Korean |
Profiles
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Capital |
800,000,000 KRW |
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Employees |
6 (100 including part timer) |
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Formation |
Co., Ltd by shares |
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Bank Details |
N/A |
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Corporate Registered No. |
110111-2693152 |
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Business Registered No. |
211-87-26843 |
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Permit & Licenses |
N/A |
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Shareholder Position |
N/A |
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Company History |
01/14/2003 Incorporated as Corner Shop Co.,
Ltd. 08/28/2003 Increased capital to 400,000,000
KRW from 300,000,000 KRW 06/01/2005 Changed company name to the present
name 08/27/2005 Increased capital to 600,000,000
KRW from 400,000,000 KRW 09/28/2005 Increased capital to 800,000,000
KRW from 600,000,000 KRW 02/04/2008 Increased the authorized shares
to 10,000,000 shares from 160,000 shares 03/24/2008 Spin off the par vale to 500 KRW
from 5,000 KRW 04/14/2008 Moved to the present HQ address
from 6FL.,
Samsungdang Bldg., 101-14, Nonhyeon-dong, Gangnam-gu, Seoul, Korea |
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Management
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Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Day |
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President & CEO |
Mrs. |
Kang Soon-Young |
Female |
Korean |
01/14/2003 |
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Director |
M/S. |
Kim Sang-Hee |
Female |
Korean |
02/09/2007 |
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Director |
Mr. |
Kang Yoo-Jin |
Male |
Korean |
09/05/2007 |
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Auditor |
Mr. |
Kang Jin-Kyun |
Male |
Korean |
06/15/2006 |
Mrs. Kang Soon-Young is the wife of Mr. Kim Sung-Min(In
1992, he graduated from University of Missouri, Columbia., and worked for
Samsung Electronics Co., Ltd.)
Financials
The financial is not available, and the
subject does not have any obligation to releases its financials to the public.
However the sales for 2008, it is expected as 45,000,000,000 KRW.
Financial Description
Unit: KRW
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Authorized
Capital |
5,000,000,000 |
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Paid-Up
Capital |
800,000,000 |
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Total Issues Shares |
1,600,000 |
Products, Technologies, Services
Description
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Main
Products & Services |
Imported Women’s Garments Brand Name: VANESSABRUNO, JILLSTUATE, A.P.C |
Trade
Partners
|
Customers |
The Subject
sells its goods through major domestic department Stores including Galleria
Apgujung, Hyundai Department Store-HQ, Lotte Department
Store-HQ/Jamsil/Gangnam/Nowon, Samsung Plaza and Hyundai Department
Store-Trade Center/Mokdong/Chunho/Jundong/Busan. |
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Competitors |
INDONG FN CO., LTD. 8TH FL., BANGBAE BLDG., 1006-2, BANGBAE
3-DONG, SEOCHO-GU, SEOUL, KOREA TEL:+82-2-3474-0033 FAX:+82-2-3474-7949 SENA CO., LTD. 2ND FL., NAMGANG BLDG., 935-45, BANGBAE
1-DONG, SEOCHO-GU, SEOUL, KOREA TEL:+82-2-552-2505 FAX:+82-2-555-8059 DEMOO CO., LTD. TH FL., 662-10, SINSA-DONG, GANGNAM-GU,
SEOUL, KOREA TEL:+82-2-568-1541 FAX:+82-2-568-1544 |
Sales by
Region (Activity &
Markets)
The Subject imports from USA and France.
Court
Action
Not Available.
News
Clipping
--
FOREIGN EXCHANGE
RATES
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Currency |
Unit
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Indian Rupees |
|
US Dollar |
1 |
Rs.49.22 |
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UK Pound |
1 |
Rs.73.03 |
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Euro |
1 |
Rs.63.14 |
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%)