MIRA INFORM REPORT

 

 

Report Date :           

14.06.2011

 

IDENTIFICATION DETAILS

 

Name :

DESIGN REBEKAH

 

 

Registered Office :

80-1, Nonhyeon 2-dong, Gangnam-gu, Seoul, Korea, 2nd Fl., Sinhan Bldg., Zip Code 135-818

 

 

Country :

South Korea

 

 

Date of Incorporation :

01.09.1999

 

 

Legal Form :

Sole Proprietorship

 

 

Line of Business :

Manufacture of Curtains and Similar Goods

 

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 :

No Complaints

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

 

Basic

 

Company Name

DESIGN REBEKAH

(Korean Company Name : “디자인리브가”)

Registered Address

80-1, Nonhyeon 2-dong, Gangnam-gu, Seoul, Korea

Building

2nd Fl., Sinhan Bldg.

Zip Code

135-818

Tel

+82-2-547-2732  +82-2-547-0102

Fax

+82-2-547-0229

E-mail

sales@designrebekah.com;designrebekah@yahoo.com

Website

www.designrebekah.com

Trading Address

2nd Fl., Sinhan Bldg., 80-1, Nonhyeon 2-dong, Gangnam-gu, Seoul, Korea

Tel

+82-2-547-2732  +82-2-547-0102

Fax

+82-2-547-0229

Other Address

1FL., Chonjo Bldg., 33-19, Nonhyeon 2-dong, Gangnam-gu, Seoul, Korea

Type

Export/Import

Industry

Manufacture of Curtains and Similar Goods

  Main Business

Curtains, Bedclothes, Curtain Fabrics, Fabrics, Interior Wallpaper, Roll Screen

Established (mm/dd/yyyy)

09/01/1999

The Subject Company occupies the premises of registered HQ address by leasing base.

 

 

Detailed Products

 

Activity

Detailed Products (UNSPSC)

Sell

Fabrics and leather materials(11160000)

Sell

Wallpapers(30161502)

 

 

CEO’s

 

Name

Noh Sang-Heon

Date of Birth

12/06/1969

Title

Owner

Sex

Male

Nationality

Korean

 

 

Profiles

 

Capital (KRW)

Not Applicable to Sole Proprietorship

Employees

8

Formation

Sole Proprietorship

Bank Details

Woori Bank

Corporate Registered No.

Not Applicable to the Sole Proprietorship

Business Registered No.

131-05-88** (The full numbers are kept by the National Tax Service confidentially.)

Permit & Licenses

N/A

Shareholder Position

The owner has 100% shares

Company History

09/01/1999 Established as the present name

2011 Moved to the present HQ address from 1st Fl., Ineui Bldg., 56-10, Nonhyeon 1-dong, Gangnam-gu, Seoul, Korea

 

 

Management

 

Job Description

Title

Name

Sex

Nationality

Inauguration Date

Owner

Mr.

Noh Sang-Heon

Male

Korean

09/01/1999

Manager

M/S.

Koh Soo-Jeong

Female

Korean

-

 

 

Financials

 

Year / Unit : KRW

Sales

Assets

Net Income

2010

 

 

 

2009

 

 

 

2008

 

 

 

2007

 

 

 

2006

 

 

 

2005

10,000,000,000

 

 

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)

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

The Subject provides the fabrics of the silk, the taffeta, the jacquard, the linen, the velvet, the cotton and poly with the rich colors, the mystic patterned embroidery and the brilliant prints.

 

Fabric

Roll Screen

Accessories

 

 

Trade Partners & Competitors

 

Suppliers

RUGIANO(ITALY)

Customers

SHINSEGAE CO., LTD.(110111-0028848)

Competitors

SM INTERNATIONAL CO., LTD.

1ST FL., DOHYEON BLDG., 128-6, NONHYEON 1-DONG, GANGNAM-GU, SEOUL, KOREA

TEL:+82-2-514-0364  FAX:+82-2-546-9679

 

ARTRIA CORPORATION

RM. 1501, JAMSIL REZION OFFICETEL, 22-5, BANGI 2-DONG, SONGPA-GU, SEOUL, KOREA

TEL:+82-2-416-7037  FAX:+82-2-416-7039

 

CHANG CO., LTD.

559-57, HADAE-RI, CHEONGHA-MYEON, BUK-GU, POHANG-SI, GYEONGSANGBUK-DO, KOREA

TEL:+82-54-231-9112  FAX:+82-54-231-9118

 

 

Sales by Region

(Activity & Markets)

 

The Subject deals with the companies in Asia and Europe.

 

 

Court Action

 

Not Available.

 

 

News Clipping

 

---

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.44.87

UK Pound

1

Rs.72.83

Euro

1

Rs.64.37

 

 

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%)

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

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