MIRA
INFORM REPORT
|
Report Date : |
14.12.2011 |
IDENTIFICATION DETAILS
|
Name : |
METALONE CO., LTD. |
|
|
|
|
Registered Office : |
887-5, Geomdan-dong, Buk-gu, Daegu, Korea 702-800 |
|
|
|
|
Country : |
South Korea |
|
|
|
|
Date of Incorporation : |
21.01.2008 |
|
|
|
|
Legal Form : |
Co., Ltd by Shares |
|
|
|
|
Line of Business : |
Wholesale of Basic Metals |
|
|
|
|
No. of Employees : |
2 |
RATING & COMMENTS
|
MIRAs 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 September 30, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
|
South Korea |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
Basic Information
|
Company
Name |
METALONE CO., LTD. (Korean Company Name : (주)메탈원) |
|
Registered Address |
887-5, Geomdan-dong, Buk-gu, Daegu, Korea |
|
Zip Code |
702-800 |
|
Tel |
+82-53-381-7695 |
|
Fax |
+82-53-383-7695 |
|
E-mail |
|
|
Website |
|
|
Trading Address |
887-5, Geomdan-dong, Buk-gu, Daegu, Korea |
|
Tel |
+82-53-381-7695 |
|
Fax |
+82-53-383-7695 |
|
Type |
Export |
|
Industry |
Wholesale of Basic Metals |
|
Main Business |
Steel Plate, Angle Iron |
|
Sub
Business |
|
|
Established (mm/dd/yyyy) |
01/21/2008 |
The Subject Company
occupies the premises of registered HQ address by leasing base.
Detailed Products
|
Activity |
Detailed Products (UNSPSC) |
|
Sell |
Steel plate(30102204) |
|
Sell |
Iron plate(30102203) |
|
Sell |
Steel channels(30101804) |
CEOs
|
Name |
Choi Bong-Ho |
|
Address |
Suite 101-501, 750, Maeho-dong,
Suseong-gu, Daegu, Korea |
|
Date of Birth |
02/16/1959 |
|
Title |
Representative Director |
|
Sex |
Male |
|
Nationality |
Korean |
Profiles
|
Capital (KRW) |
50,000,000 |
|
Employees |
2 |
|
Formation |
Co., Ltd by Shares |
|
Bank Details |
Nonghyup Bank |
|
Corporate Registered No. |
170111-0348038 |
|
Business Registered No. |
504-81-***** (The full numbers are kept by
the National Tax Service confidentially.) |
|
Permit & Licenses |
N/A |
|
Shareholder Position |
N/A |
|
Company History |
01/21/2008 Incorporated as the present name |
|
|
|
Management
|
Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Date |
|
Representative Director |
Mr. |
Choi Bong-Ho |
Male |
Korean |
04/15/2009 |
|
Auditor |
Mr. |
Park Kyung-Nam |
Male |
Korean |
04/15/2009 |
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) |
200,000,000 |
|
Paid-Up Capital(KRW) |
50,000,000 |
|
Total Issues Shares |
5,000 |
Products, Technologies, Services Description
|
Main Products & Services |
Steel Plate, Angle Iron |
Trade Partners & Competitors
|
Competitors |
SAM YANG STEEL IRON CO., LTD. 813-5, HYOMUN-DONG, BUK-GU, ULSAN, KOREA TEL:+82-52-288-8880 FAX:+82-52-289-2244 KYUNG BUK STEEL CO., LTD. 230-17, HAKJANG-DONG, SASANG-GU, BUSAN,
KOREA TEL:+82-51-323-2321~4 FAX:+82-51-323-4403 SUNGHO STEEL CO., LTD. 823, CHIMSAN 1-DONG, BUK-GU, DAEGU, KOREA TEL:+82-53-356-3587 FAX:+82-53-351-7577 |
Related Parties
(Subsidiaries, Joint-Venture & Affiliates)
|
Affiliates |
DAE YOUNG STEEL HOUSING CO.(KOREA) 386-2, DONGIN-DONG 4-GA, JUNG-GU, DAEGU, KOREA |
Sales by Region
(Activity & Markets)
The Subject exports
to India, UK, Pakistan, Bangladesh and Vietnam.
Court Action
Not Available.
News Clipping
--
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.53.40 |
|
|
1 |
Rs.83.32 |
|
Euro |
1 |
Rs.70.44 |
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 SCs 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.