MIRA
INFORM REPORT
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Report Date : |
30.08.2008 |
IDENTIFICATION
DETAILS
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Name : |
WELL MADE CO., LTD. |
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Formerly Known as : |
KIDS DREAM CO., LTD |
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Registered Office : |
A-3
Dong634-1, Naecheon-ri, Seotan-myeon, Pyeongtaek-si, Gyeonggi-do, Ko 463-070 |
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Country : |
Korea |
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Date of Incorporation : |
08.03.2004 |
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Legal Form : |
Company
Limited by Shares |
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Line of Business : |
Manufacture of Office and Artists' Materials and Chemical Products |
RATING &
COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
Basic
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Company Name |
WELL MADE CO., LTD. (Ex. Company Name : KIDS DREAM CO., LTD.) |
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Registered Address |
634-1, Naecheon-ri,
Seotan-myeon, Pyeongtaek-si, Gyeonggi-do, Korea |
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Building |
A-3 Dong |
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Zip Code |
463-070 |
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Tel |
+82-31-668-2977 |
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Fax |
+82-31-668-2978 |
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Trading Address |
Rm. B-119,
E-Dong, Bundang Techno Park, 150, Yatap-dong, Bundang-gu, Seongnam-si,
Gyeonggi-do, Korea |
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Tel |
+82-31-704-2978 |
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Fax |
+82-31-706-2978 |
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Type |
Import/Export |
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Industry |
Manufacture of Office and Artists' Materials & Chemical Products |
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Main Business |
Colors, Stationery Glue, Glue Stick |
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Established (mm/dd/yyyy) |
08/03/2004 |
The Subject
occupies the premises of registered HQ address by leasing base.
Detailed Products
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Activity |
Detailed Products (UNSPSC) |
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Sell |
Colors |
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Sell |
Stationery Glue |
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Sell |
Stationery(14111509) |
CEO’s
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Name |
Kang Byung-Soo |
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Address |
779-1, Busan-dong, Osan-si, Gyeonggi-do, Korea |
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Date of Birth |
06/28/1966 |
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Title |
President & CEO |
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Sex |
Male |
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Nationality |
Korean |
Profiles
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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 |
N/A |
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Corporate Registered No. |
131311-0054969 |
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Business Registered No. |
125-16-53*** (Full number is kept by the
National Tax Service confidentially.) |
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Permit & Licenses |
Int’l Trade No.: 45106855 |
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Shareholder Position |
N/A |
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Company History |
08/03/2004 Incorporated as KIDS DREAM CO.,
LTD. 02/31/2006 Changed company name to the
present name 02/21/2006 Mr. Bae Hyun-Sun has been
resigned from his CEO position. |
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Management
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Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Day |
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President & CEO |
Mr. |
Kang Byung-Soo |
Male |
Korean |
02/21/2006 |
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Director |
M/S. |
Hong Yoon-Hee |
Female |
Korean |
08/03/2004 |
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Auditor |
Mr. |
Choi Hong-Kyu |
Male |
Korean |
02/21/2006 |
Financials
Unit: KRW
The financial is not available, and the
subject does not have any obligation to releases 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 |
100,000 |
Products, Technologies, Services
Description
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Main
Products & Services |
Colors, Stationery Glue, Glue Stick |
Sales by
Region (Activity &
Markets)
Not Available.
Court
Action
Not Available.
News
Clipping
--
FOREIGN EXCHANGE
RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.43.79 |
|
UK Pound |
1 |
Rs.80.05 |
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Euro |
1 |
Rs.64.56 |
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%)