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MIRA INFORM REPORT
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Report Date : |
07.03.2011 |
IDENTIFICATION DETAILS
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Correct Name : |
DO IT FOOD MATERIALS CO. |
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Registered Office : |
135-6, Tojin-ri, Cheongbuk-myeon, Pyeongtaek-si, |
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Country : |
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Date of Incorporation : |
15.01.2001 |
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Legal Form : |
Sole Proprietorship |
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Line of Business : |
Wholesales of Food Materials |
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 – December 31, 2010
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Country Name |
Previous Rating (30.09.2010) |
Current Rating (31.12.2010) |
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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 |
DO IT FOOD MATERIALS CO. (Korean Company Name : “두잇식품소재”) |
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Registered Address |
135-6, Tojin-ri, Cheongbuk-myeon,
Pyeongtaek-si, |
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Zip Code |
451-831 |
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Tel |
+82-31-683-3916~7 |
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Fax |
+82-31-683-3918 |
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E-mail |
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Trading Address |
135-6, Tojin-ri, Cheongbuk-myeon,
Pyeongtaek-si, |
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Tel |
+82-31-683-3916~7 |
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Fax |
+82-31-683-3918 |
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Other Address |
199-32, |
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Tel |
+82-31-469-4637 |
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Fax |
+82-31-469-4784 |
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Type |
Export/Import |
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Industry |
Wholesales of Food Materials |
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Main Business |
Food Seasoning, Food Additives |
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Established (mm/dd/yyyy) |
01/15/2001 |
M/S. Lee Joong-Ok owns the premises of registered HQ address.
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Activity |
Detailed Products (UNSPSC) |
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Sell |
Flavours or extracts(12164502) |
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Sell |
Food or drug additives(12164500) |
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Name |
Lee Joong-Ok |
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Address |
Suite 835-1202, 1152-7, Sanbon-dong,
Gunpo-si, |
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Date of Birth |
07/19/1956 |
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Title |
Owner |
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Sex |
Female |
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Nationality |
Korean |
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Capital (KRW) |
Not Applicable to
the Sole Proprietorship |
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Employees |
13 |
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Formation |
Sole Proprietorship |
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Bank Details |
Industrial Bank of Korea-Wonmi Dong Branch |
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Corporate Registered No. |
Not Applicable to the Sole Proprietorship |
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Business Registered No. |
108-09-***** (The full numbers are kept by
the National Tax Service confidentially.) |
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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 |
01/15/2001Establsihed as the present name |
The premises of 135-6, Tojin-ri,
Cheongbuk-myeon, Pyeongtaek-si,
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Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Date |
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Owner |
Mr. |
Lee Joong-Ok |
Male |
Korean |
01/15/2001 |
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) |
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 Issues Shares |
Not Applicable to the Sole Proprietorship |
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Main Products & Services |
Food Seasoning, Food Additives |
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Competitors |
CSF CORPORATION 167-12, ALLAK 2-DONG, DONGNAE-GU, TEL:+82-51-531-8181 FAX:+82-51-531-8286 ILSHIN CHEMICAL CO., LTD. 287-2, BUKJEONG-DONG, YANGSAN-SI, TEL:+82-55-385-5826~7 FAX:+82-55-383-4808 ORAE FOOD CO., LTD. 103, GONJIAM-RI, SILCHON-EUP, GWANGJU-SI, TEL:+82-31-761-2733 FAX:+82-31-761-2735 |
(Subsidiaries, Joint-Venture & Affiliates)
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Cooperative |
A ONE CAF CO., LTD.(110111-2092908) |
(Activity & Markets)
Not Available.
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.44.99 |
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1 |
Rs.73.24 |
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Euro |
1 |
Rs.62.80 |
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 |
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.