MIRA
INFORM REPORT
|
Report Date : |
26.12.2011 |
IDENTIFICATION DETAILS
|
Name : |
SOORIM TRADING
CORPORATION |
|
|
|
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Registered Office : |
Rm.301,
1117, Sanbon-dong, Gunpo-si, Gyeonggi-do, Korea 435-839 |
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|
|
|
Country : |
South Korea |
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|
|
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Date of Incorporation : |
Not Available |
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|
|
|
Legal Form : |
Sole Proprietorship |
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|
|
|
Line of Business : |
Wholesale of Other Prepared Food |
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|
|
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No. of Employees : |
Not Available |
RATING & COMMENTS
|
MIRA’s Rating : |
C |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
Status : |
Undetermined |
|
Payment Behaviour : |
Unknown |
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Litigation : |
-- |
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 |
SOORIM TRADING
CORPORATION (Korean Company
Name : “N/A”) |
|
Registered Address |
Rm.301,
1117, Sanbon-dong, Gunpo-si, Gyeonggi-do, Korea |
|
Zip Code |
435-839 |
|
Tel |
+82-31-391-9371 |
|
Fax |
+82-31-398-9371 |
|
E-mail |
maltase@naver.com;5harry@hanmail.net |
|
Trading Address |
Rm.301,
1117, Sanbon-dong, Gunpo-si, Gyeonggi-do, Korea |
|
Tel |
+82-31-391-9371 |
|
Fax |
+82-31-398-9371 |
|
Type |
Import |
|
Industry |
Wholesale of Other Prepared Food |
|
Main
Business |
Monosodium Glutamate(MSG) |
|
Established (mm/dd/yyyy) |
N/A |
Detailed Products
|
Activity |
Detailed Products (UNSPSC) |
|
Sell |
Food or drug additives(12164500) |
|
Sell |
Natural sugars or sweetening
products(50161509) |
|
Sell |
Formulas and products for nutritional
support(42231800) |
|
Sell |
Flavours or extracts(12164502) |
CEO’s
|
Name |
Choi Hyun-Yeol(Harry) (Mobile :
+82-10-2393-3393) |
|
Title |
Owner |
|
Sex |
Male |
|
Nationality |
Korean |
Profiles
|
Capital (KRW) |
Not Applicable to
the Sole Proprietorship |
|
Employees |
N/A |
|
Formation |
Sole Proprietorship |
|
Bank Details |
Industrial Bank of korea |
|
Corporate Registered No. |
Not Applicable to the Sole Proprietorship |
|
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.) |
|
Permit & Licenses |
N/A |
|
Shareholder Position |
The owner has 100% shares. |
|
Company History |
N/A |
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.
Management
|
Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Date |
|
Owner |
Mr. |
Choi Hyun-Yeol(Harry) |
Male |
Korean |
|
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 |
Monosodium Glutamate(MSG) |
Trade Partners & Competitors
|
Competitors |
DEUNG WON CO., LTD. RM. 202, KEUMSEOK BLDG., 667, YEOKSAM
1-DONG, GANGNAM-GU, SEOUL, KOREA TEL:+82-2-562-2483~4 FAX:+82-2-557-2965 MSC CO., LTD. 439-13, SOJU-DONG, YANGSAN-SI,
GYEONGSANGNAM-DO, KOREA TEL:+82-55-389-1001~20 FAX:+82-55-366-0478 SONG EUN COMMERCIAL CO., LTD. 60-2, OGEUM-DONG, SONGPA-GU, SEOUL, KOREA TEL:+82-2-406-2700 FAX:+82-2-406-2662 |
Sales by Region
(Activity & Markets)
The Subject deals
with companies in Indonesia.
Court Action
Not Available.
News Clipping
--
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.52.72 |
|
|
1 |
Rs.82.70 |
|
Euro |
1 |
Rs.68.90 |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.