MIRA INFORM REPORT

 

 

Report Date :

28.01.2011

 

IDENTIFICATION DETAILS

 

Name :

LTI CO., LTD.

 

 

Formerly Known As :

LOTTE LANDSCAPE INDUSTRY CO., LTD

 

 

Registered Office :

416-7, Sillyeong-ri, Daedeok-myeon, Anseong-si, Gyeonggi-do, Korea 456-831

 

 

Country :

South Korea

 

 

Date of Incorporation :

19.10.2004

 

 

Com. Reg. No.:

125-81-54779

 

 

Legal Form :

Co., Ltd by shares

 

 

Line of Business :

Landscaping Services, Landscaping Materials

 

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 :

Moderate

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 – June 30, 2010

 

Country Name

Previous Rating

                   (01.04.2010)                  

Current Rating

(30.06.2010)

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

 

Company Name

LTI CO., LTD.

(English Company Name : LOTTE TOTAL LANDSCAPE CO., LTD.)

(Korean Company Name : “()엘티아이조경산업”)

Registered Address

416-7, Sillyeong-ri, Daedeok-myeon, Anseong-si, Gyeonggi-do, Korea

Zip Code

456-831

Tel

+82-31-675-6018

Fax

+82-31-675-6019

E-mail

lotteww@yahoo.co.kr;lotte@yahoo.co.kr

Trading Address

416-7, Sillyeong-ri, Daedeok-myeon, Anseong-si, Gyeonggi-do, Korea

Tel

+82-31-675-6018

Fax

+82-31-675-6019

Type

Export/Import

Industry

Landscaping Services, Landscaping Materials

  Main Business

Soil for Seed

Established (mm/dd/yyyy)

10/19/2004

The Subject Company owns the premises of registered HQ address.

 

 

Detailed Products

 

Activity

Detailed Products (UNSPSC)

Sell

Landscaping services(72102902)

Sell

Land reclamation(70131703)

 

 

CEO’s

 

Name

Kim Hyung-Soo

Address

416-7, Sillyeong-ri, Daedeok-myeon, Anseong-si, Gyeonggi-do, Korea

Date of Birth

11/06/1958

Title

President & CEO

Sex

Male

Nationality

Korean

 

 

Profiles

 

Capital (KRW)

250,000,000

Employees

5

Formation

Co., Ltd by shares

Venture Business

Bank Details

Industrial Bank of Korea-Pyungtaik Branch

Corporate Registered No.

134611-0026604

Business Registered No.

125-81-54779

Permit & Licenses

N/A

Shareholder Position

N/A

Company History

10/19/2004 Incorporated as LOTTE LANDSCAPE INDUSTRY CO., LTD.

08/07/2007 Changed company name to the present name

03/31/2008 Designated as a Venture Business

03/31/2009 Designated as a Venture Business again

12/28/2010 Increased the authorized shares to 200,000 shares from 40,000 shares

12/29/2010 Increased capital to 250,000,000 KRW from 50,000,000 KRW

 

 

 

 

Management

 

Job Description

Title

Name

Sex

Nationality

Inauguration Date

President & CEO

Mr.

Kim Hyung-Soo

Male

Korean

10/19/2004

Director

M/S.

Kim Eon-Soo

Female

Korean

10/19/2004

 

 

Financials

 

Year / Unit : KRW

Sales

Assets

Net Income

2009

 

 

 

2008

 

 

 

2007

3,979,000,000

1,134,000,000

137,000,000

2006

2,952,000,000

 

 

2005

 

 

 

2004

 

 

 

2003

 

 

 

The latest & full 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)

1,000,000,000

Paid-Up Capital(KRW)

250,000,000

Total Issues Shares

50,000

 

 

Products, Technologies, Services Description

 

Main Products & Services

Soil for Seed

 

Trade Partners & Competitors

 

Competitors

DAE-HAN NURSERY LANDSCAPE CO., LTD.

452-1, GWANGPYEONG-RI, MASAN-MYEON, GURYE-GUN, JEOLLANAM-DO, KOREA

TEL:+82-61-782-2987  FAX:+82-61-782-1212

 

JANGWON LANDSCAPING CO., LTD.

RM. 201, SINYEONG BLDG., 391, YANGJAE 2-DONG, SEOCHO-GU, SEOUL, KOREA

TEL:+82-2-578-4590  FAX:+82-2-578-4591

 

OIKOS CO., LTD.

RM. 1007, DAERYUNG TECHNO TOWN 8-CHA, 481-11, GASAN-DONG, GEUMCHEON-GU, SEOUL, KOREA

TEL:+82-2-855-5166  FAX:+82-2-855-6451

 

 

Sales by Region

(Activity & Markets)

 

Not Available.

 

 

Court Action

 

Not Available.

 

 

News Clipping

 

---


 

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.45.57

UK Pound

1

Rs.72.50

Euro

1

Rs.62.46

 

 

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

 

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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