MIRA INFORM REPORT

 

 

Report Date :           

01.08.2011

 

IDENTIFICATION DETAILS

 

Name :

EPS CO.

 

 

Registered Office :

208, Sin-gal-ri, Jiksan-eup, Seobuk-gu, Cheonan-si, Chungcheongnam-do, Korea, Zip Code 331-814

 

 

Country :

South Korea

 

 

Date of Incorporation :

01.06.2005

 

 

Com. Reg. No.:

Not Available

 

 

Legal Form :

Sole Proprietorship

 

 

Line of Business :

Manufacture of Electrical Apparatuses for Switching, Protecting and Connecting Electrical Circuits Used in Power Distribution Systems

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Status :

Small Company 

 

 

Payment Behaviour :

Unknown

 

 

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 – March 31st, 2011

 

Country Name

Previous Rating

                   (31.12.2010)                  

Current Rating

(31.03.2011)

South Korea

a1

a1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 


 Bottom of Form

 

 

Basic

 

Company Name

EPS CO.

(Korean Company Name : “이피에스”)

Registered Address

208, Sin-gal-ri, Jiksan-eup, Seobuk-gu, Cheonan-si, Chungcheongnam-do, Korea

Zip Code

331-814

Tel

+82-41-585-0377

Fax

+82-41-585-0378

E-mail

eps@exten.co.kr

Website

www.exten.co.kr

Trading Address

366-7, Sindang-dong, Seobuk-gu, Cheonan-si, Chungcheongnam-do, Korea

Tel

+82-41-585-0377

Fax

+82-41-585-0378

Type

Export

Industry

Manufacture of Electrical Apparatuses for Switching, Protecting and Connecting Electrical Circuits Used in Power Distribution Systems

  Main Business

Electronics Products Metals, Circuit Breakers, Cable

Established (mm/dd/yyyy)

06/01/2005

 

 

Detailed Products

 

Activity

Detailed Products (UNSPSC)

Sell

Electronic Components and Supplies(32000000)

Sell

Circuit breakers(39121601)

Sell

Power relays(39121514)

Sell

Distribution and Control centers and accessories(39121100)

 

CEO’s

 

Name

Choi Sung-Kyu

Date of Birth

08/10/1969

Title

Owner

Sex

Male

Nationality

Korean

 

 

Profiles

 

Capital (KRW)

Not Applicable to the Sole Proprietorship

Employees

4

Formation

Sole Proprietorship

Bank Details

N/A

Corporate Registered No.

Not Applicable to the Sole Proprietorship

Business Registered No.

312-22-84***(The full numbers are kept by the National Tax Service confidentially.)

Permit & Licenses

N/A

Shareholder Position

The owner has 100% shares.

Company History

06/01/2005 Established as the present name

 

 

Management

 

Job Description

Title

Name

Sex

Nationality

Inauguration Date

Owner

Mr.

Choi Sung-Kyu

Male

Korean

06/01/2005

 

 

Financials

 

The financials are not available, and the Subject Company does not have any obligations to release its financials to the public.

 

 

Financial Description

 

Authorized Capital(KRW)

Not Applicable to the Sole Proprietorship

Paid-Up Capital(KRW)

Not Applicable to the Sole Proprietorship

Total Issues Shares

Not Applicable to the Sole Proprietorship

 

 

Products, Technologies, Services Description

 

Main Products & Services

Electronics Products Metals, Circuit Breakers

 

 

Trade Partners & Competitors

 

Competitors

 

ILJIN ELECTRIC CO., LTD.(134811-0159279)

112-83, ANNYEONG-DONG, HWASEONG-SI, GYEONGGI-DO, KOREA

TEL:+82-31-220-0500  FAX:+82-31-220-0789

 

HANSUNG SYSCO CO., LTD.

1329, GWANPYEONG-DONG, YUSEONG-GU, DAEJEON, KOREA

TEL:+82-42-939-9700  FAX:+82-42-628-7076

 

AJIN EXTEK CO., LTD.

9-3, HORIM-DONG, DALSEO-GU, DAEGU, KOREA

TEL:+82-53-593-3700  FAX:+82-53-593-3703

 

 

Related Parties

(Subsidiaries, Joint-Venture & Affiliates)

 

Affiliates

EPMS CO., LTD.(161511-0118921)

 

 

Sales by Region

(Activity & Markets)

 

The Subject exports to Hong Kong.

 

 

Court Action

 

Not Available.

 

 

News Clipping

 

---


FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.44.16

UK Pound

1

Rs.72.10

Euro

1

Rs.63.10

 

 

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

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

----

NB

New Business

----

 

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%)

 

 

 

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This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.