MIRA INFORM REPORT
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Report Date : |
11.04.2011 |
IDENTIFICATION DETAILS
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Name : |
DAWOO LEATHER CO. |
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Registered Office : |
315-71, Seongsu-dong 2-ga, Seongdong-gu, Zip Code 133-120 |
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Country : |
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Date of Incorporation : |
03.01.2000 |
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Com. Reg. No.: |
206-06-82320 |
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Legal Form : |
Sole Proprietorship |
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Line of Business : |
Wholesales of Leather & Fur Products, Textiles, Garments and Accessories |
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 |
Capability to overcome financial difficulties seems comparatively below
average. |
Small |
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Status : |
Moderate |
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Payment
Behaviour : |
Unknown |
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Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – December 31, 2010
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Country Name |
Previous Rating (30.09.2010) |
Current Rating (31.12.2010) |
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a1 |
a1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
Basic
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Company Name |
DAWOO LEATHER CO. (Korean Company Name : “다우피혁”) |
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Registered Address |
315-71, Seongsu-dong 2-ga, Seongdong-gu, |
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Building |
Rm.104, Jeil Bldg. |
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Zip Code |
133-120 |
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Tel |
+82-2-463-7816 |
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Fax |
+82-2-464-7818 |
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Trading Address |
Rm.104, Jeil
Bldg., 315-71, Seongsu-dong 2-ga, Seongdong-gu, |
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Tel |
+82-2-463-7816 |
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Fax |
+82-2-464-7818 |
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Type |
Export/Import |
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Industry |
Wholesales of Leather & Fur Products,
Textiles, Garments and Accessories |
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Main Business |
Leather & Fur Products, Textiles,
Garments and Accessories |
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Established (mm/dd/yyyy) |
01/03/2000 |
The Subject Company
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 |
Leathers(11162300) |
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Sell |
Cow leather(11162305) |
CEO’s
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Name |
Cho Sang-Joo |
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Date of Birth |
12/18/1963 |
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Title |
Owner |
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Sex |
Male |
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Nationality |
Korean |
Profiles
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Capital (KRW) |
Not Applicable to
the Sole Proprietorship |
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Employees |
6 |
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Formation |
Sole Proprietorship |
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Bank Details |
Industrial Bank of Korea-Seongsu-dong Branch |
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Corporate Registered No. |
Not Applicable to the Sole Proprietorship |
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Business Registered No. |
206-06-82320 |
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Permit & Licenses |
N/A |
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Shareholder Position |
The owner has 100% shares. |
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Company History |
01/03/2000 Established as the present name |
Management
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Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Date |
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Owner |
Mr. |
Cho Sang-Joo |
Male |
Korean |
01/03/2000 |
Financials
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Year / Unit : KRW |
Sales |
Assets |
Net Income |
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800,000,000 |
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2008 |
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2007 |
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2006 |
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2005 |
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2004 |
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2003 |
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The full financials
are not available, and the Subject Company does not have any obligations to release
its financials to the public.
Financial
Description
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Authorized Capital(KRW) |
Not Applicable to the Sole Proprietorship |
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Paid-Up Capital(KRW) |
Not Applicable to the Sole Proprietorship |
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Total Issues Shares |
Not Applicable to the Sole Proprietorship |
Products, Technologies, Services
Description
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Main Products & Services |
Leather & Fur Products, Textiles,
Garments and Accessories |
Trade
Partners & Competitors
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Competitors |
PIWON CO., LTD. 542, DONGDUCHEON-DONG, DONGDUCHEON-SI, TEL:+82-31-867-8670 FAX:+82-31-866-8670 BUMYANG LEATHER TECH CO., LTD. 27-5, CHOSEONG-RI, CHEONGSAN-MYEON,
YEONCHEON-GUN, TEL:+82-31-835-6177 FAX:+82-31-835-6252 DSI COMPANY LTD. 617-1, SEONGGOK-DONG, DANWON-GU, ANSAN-SI, TEL:+82-31-491-9421 FAX:+82-31-491-0387 |
Sales
by Region
(Activity & Markets)
Not Available.
Court
Action
Not Available.
News
Clipping
--
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.44.04 |
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1 |
Rs.72.20 |
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Euro |
1 |
Rs.63.40 |
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 |
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 |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or
its officials.