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MIRA INFORM REPORT
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Report Date : |
29.06.2011 |
IDENTIFICATION DETAILS
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Name : |
EASTERN VALLEY CO., LTD. |
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Registered Office : |
1146-11, Seocho 1-dong, Seocho-gu, Seoul, Korea, Rm. 303, Hyundae Superville, Zip Code 137-866 |
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Country : |
South korea |
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Date of Incorporation : |
06.01.2010 |
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Legal Form : |
Co., Ltd by Shares |
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Line of Business : |
Wholesale of Materials for Recycling and Other Specialized Goods |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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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 – March 31st, 2011
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Country Name |
Previous Rating (31.12.2010) |
Current Rating (31.03.2011) |
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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 |
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Company
Name |
EASTERN VALLEY
CO., LTD. (Korean Company
Name : “(주)이스턴밸리”) |
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Registered Address |
1146-11, Seocho 1-dong, Seocho-gu, Seoul, Korea |
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Building |
Rm. 303, Hyundae Superville |
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Zip Code |
137-866 |
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Tel |
+82-2-581-6846 |
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Fax |
+82-2-581-6845 |
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E-mail |
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Trading Address |
Rm. 303, Hyundae Superville, 1146-11, Seocho
1-dong, Seocho-gu, Seoul, Korea |
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Tel |
+82-2-581-6846 |
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Fax |
+82-2-581-6845 |
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Type |
Export |
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Industry |
Wholesale of Materials for Recycling and Other Specialized Goods
n.e.c. |
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Main Business |
Cosmetics, Products for Women, Aluminum
Products, Real East Development |
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Established (mm/dd/yyyy) |
01/06/2010 |
The Subject Company
occupies the premises of registered HQ address by leasing base.
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Activity |
Detailed Products (UNSPSC) |
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Sell |
Aluminum Products |
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Sell |
Cosmetics(53131619) |
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Name |
Keum Kyoung-Hun |
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Address |
Suite 111-601, 647, Yeongdeungpo-dong,
Yeongdeungpo-gu, Seoul, Korea |
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Date of Birth |
03/30/1970 |
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Title |
President & CEO |
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Sex |
Male |
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Nationality |
Korean |
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Capital (KRW) |
50,000,000 |
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Employees |
1 |
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Formation |
Co., Ltd by Shares |
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Bank Details |
N/A |
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Corporate Registered No. |
110111-4255950 |
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Business Registered No. |
214-88-***** (The numbers are kept by the
National Tax Service confidentially.) |
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Permit & Licenses |
Int’l Trade No.: 30669398 |
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Shareholder Position |
N/A |
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Company History |
01/06/2010 Incorporated as the present name 02/09/2011 Movbed to the present HQ address
from Rm.
509, Ssangyong Platinium Officetel, 1445-13, Seocho 1-dong, Seocho-gu, Seoul,
Korea |
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Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Date |
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President & CEO |
Mr. |
Keum Kyoung-Hun |
Male |
Korean |
01/06/2010 |
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Director |
Mr. |
Keum Yong-Jung |
Male |
Korean |
01/06/2010 |
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Year / Unit : KRW |
Sales |
Assets |
Net Income |
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The financials are not
available, and the Subject Company does not have any obligations to release its
financials to the public.
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Authorized Capital(KRW) |
200,000,000 |
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Paid-Up Capital(KRW) |
50,000,000 |
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Total Issues Shares |
10,000 |
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Main Products & Services |
Cosmetics, Products for Women, Aluminum
Products, Real East Development |
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Competitors |
N.S METAL CO., LTD. 487-4, WONDANG-DONG, SEO-GU, INCHEON, KOREA TEL:+82-32-564-4900 FAX:+82-32-564-4680 KOOK JAE ENGINEERS LTD. RM. 911, U-IN AKRIUM VILLE 2-CHA, 746,
JANGHANG 2-DONG, ILSANDONG-GU, GOYANG-SI, GYEONGGI-DO, KOREA TEL:+82-31-924-3314 FAX:+82-31-924-1441 B.S METAL CO., LTD. 1072, WONJI-RI, JUCHON-MYEON, GIMHAE-SI,
GYEONGSANGNAM-DO, KOREA TEL:+82-55-337-0794 FAX:+82-55-337-0795 |
(Activity & Markets)
The Subject exports
to Philippines and Thailand.
Not Available.
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FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.45.05 |
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UK Pound |
1 |
Rs.71.92 |
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Euro |
1 |
Rs.64.37 |
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.