MIRA INFORM REPORT
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Report Date : |
22.12.2011 |
IDENTIFICATION DETAILS
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Name : |
SANG DO CO. |
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Registered Office : |
905, Haengsin-dong, Deokyang-gu, Goyang-si, Gyeonggi-do, Korea, 2104-2002, Kolon APT., Hatbit Maeul, Zip Code 412-220 |
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Country : |
South Korea |
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Date of Incorporation : |
Not Available |
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Com. Reg. No.: |
Not Available |
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Legal Form : |
Sole Proprietorship |
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Line of Business : |
Not Available |
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No. of Employees
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One persons |
RATING & COMMENTS
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MIRA’s Rating : |
Ca |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Status : |
Small Concern |
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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 – September 30th, 2011
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Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
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South Korea |
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 |
SANG DO CO. (Korean Company Name :
“N/A”) |
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Registered Address |
905, Haengsin-dong, Deokyang-gu,
Goyang-si, Gyeonggi-do, Korea |
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Building |
2104-2002, Kolon APT., Hatbit Maeul |
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Zip Code |
412-220 |
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Tel |
+82-31-971-2136 |
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Fax |
+82-31-971-0798 |
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E-mail |
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Trading Address |
2104-2002, Kolon APT., Hatbit Maeul,
Haengsin-dong, Deokyang-gu, Goyang-si, Gyeonggi-do, Korea |
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Tel |
+82-31-971-2136 |
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Fax |
+82-31-971-0798 |
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Other Address |
619-3, Sangdo-dong, Dongjak-gu, Seoul,
Korea |
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Type |
Import |
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Industry |
N/A |
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Established (mm/dd/yyyy) |
N/A |
Detailed Products
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Activity |
Detailed Products (UNSPSC) |
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Sell |
N/A |
CEO’s
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Name |
N/A |
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Title |
N/A |
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Sex |
N/A |
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Nationality |
N/A |
Profiles
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Capital (KRW) |
Not Applicable to
the Sole Proprietorship |
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Employees |
1 |
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Formation |
Sole Proprietorship |
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Bank Details |
Hana Bank-Sangdo Branch |
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Corporate Registered No. |
Not Applicable to the Sole Proprietorship |
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Business Registered No. |
N/A. (The numbers are kept by the National
Tax Service confidentially.) Because the subject’s full Business
Registered No., for checking through the National Tax Service whether the subject
is still existing or not, is not available, so we
cannot confirm if the subject exist or not legally.) |
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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 |
N/A |
Due to lack of information,
we contacted the subject at +82-31-971-2136, but the number is not existing one.
The owner of the
registered address/premises(134.64m2/51,941m2) is Mr. Bae Jae-Chun(DOB :
03/15/1966) since 01/10/2011 by purchasing from M/S. Ko Hee-Jeong(DOB : 04/08/1967). The
address & premises are the residential area. This premises are pledged as a
collateral amounting 348,000,000 KRW against Citibank, Korea-Hwajeong
Branch(110111-0303539) as of 03/15/2011.
In our research through
the official sources including the Supreme Court Registry at which every Co Ltd
type of Company should be registered, we could not find the subject company. So
we submit the report as a Sole Proprietorship Type of Company, as long as it
exists.
Management
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Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Date |
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Owner |
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N/A |
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Financials
The 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 Issued Shares |
Not Applicable to the Sole Proprietorship |
Sales by Region
(Activity & Markets)
The Subject imports
from Asian Countries including India.
Court Action
Not Available.
News Clipping
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FOREIGN EXCHANGE RATES
|
Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.52.67 |
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UK Pound |
1 |
Rs.82.53 |
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Euro |
1 |
Rs.69.13 |
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 |
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NB |
New Business |
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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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.