MIRA INFORM REPORT

 

 

Report Date :

12.05.2008

 

 

IDENTIFICATION DETAILS

 

Name :

SKY SOFTGEL CO., LTD.

 

 

Registered Office :

25B-5L, Namdong Industrial Complex, 446-5, Nonhyeon-dong, Namdong-gu, Incheon, 405-849

 

 

Country :

Korea

 

 

Date of Incorporation :

07.11.2003

 

 

Com. Reg. No.:

131-81-80364

 

 

Legal Form :

Company Limited by Shares

 

 

Line of Business :

Wholesale of Other Industrial Machinery and Equipment

 

 

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

 

 

Payment Behaviour :

No Complaints

 

 

Litigation :

Clear

 

 

 

 

 

 

 

Basic

 

Company Name

SKY SOFTGEL CO., LTD.

Registered Address

446-5, Nonhyeon-dong, Namdong-gu, Incheon, Korea

Building

25B-5L, Namdong Industrial Complex

Zip Code

405-849

Tel

+82-32-811-5441

Fax

+82-32-811-5442

E-mail

info@skysoftgel.com;sales@skysoftgel.com

Website

www.skysoftgel.com

Trading Address

25B-5L, Namdong Industrial Complex, 446-5, Nonhyeon-dong, Namdong-gu, Incheon, Korea

Tel

+82-32-811-5441

Fax

+82-32-811-5442

Type

Export

Industry

Wholesale of Other Industrial Machinery and Equipment

  Main Business

Capsule Forming Machines

Established (mm/dd/yyyy)

07/11/2003

The Subject occupies the premises of registered HQ address by leasing base.

 

 

Detailed Products

Activity

Detailed Products (UNSPSC)

Sell

Packaging machinery(23152900)

Sell

Capsule Forming Machines

 

 

CEO’s

 

Name

Kim Hwa-Sook

Address

924, Dongchun-dong, Yeonsu-gu, Incheon, Korea

Date of Birth

12/30/1966

Title

Representative Director

Sex

Female

Nationality

Korean

 

 

Profiles

 

Capital

50,000,000 KRW

Employees

21

Formation

Co., Ltd by shares

Bank Details

Industrial Bank of Korea-Namdong Industrial Complex 2 Danji

Corporate Registered No.

120111-0322793

Business Registered No.

131-81-80364

Permit & Licenses

Int’l Trade No.: 45257492

Shareholder Position

N/A

Company History

07/11/2003 Incorporated as the present name

02/14/2006 Moved to the present HQ address from 679-5, Gojan-dong, Namdong-gu, Incheon, Korea

 

 

 

Management

 

Job Description

Title

Name

Sex

Nationality

Inauguration Day

President & CEO

M/S.

Kim Hwa-Sook

Female

Korean

07/11/2006

Auditor

Mr.

Shim Dong-Bin

Male

Korean

03/31/2006

 

 

Financials                                              

  Unit: KRW

Year

Sales

Assets

Net income

2005

5,300,000,000

 

 

2004

2,100,000,000

 

 

The latest & full 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

200,000,000

Paid-Up Capital

50,000,000

Total Issues Shares

10,000

 

 

Products, Technologies, Services Description

 

Main Products & Services

Gelatin Melting Tanks

Gelatin Service Tank

Homo & Vacuum Mixer

Vibrator

Colloid Mill

Medicine Service Tank

Capsule Dry Tray

Capsule Dry Trailer

 

 

Trade Partners

 

Competitors

KOMAS CO., LTD.

 

 

Sales by Region (Activity & Markets)

 

The Subject exports to China, Mexico, USA, Europe and South-East Asia.

 

 

 

Court Action

 

Not Available.

 

News Clipping

 

--

 

 


 

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