MIRA INFORM REPORT
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Report Date : |
18.05.2011 |
IDENTIFICATION DETAILS
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Name : |
HEUKSALIM CO., LTD. |
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Registered Office : |
528, Aengcheon-ri, Buljeong-myeon,
Goesan-gun, Chungbuk, Korea, Zip Code 367-911 |
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Country : |
South Korea |
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Date of Incorporation : |
24.12.1999 |
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Com. Reg. No.: |
303-81-24778 |
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Legal Form : |
Co., Ltd by Shares |
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Line of Business : |
Wholesales of Chemicals |
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 : |
Moderate |
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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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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 |
Basic
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Company
Name |
HEUKSALIM CO., LTD. (Korean Company Name : “(주)흙살림”) |
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Registered Address |
528, Aengcheon-ri,
Buljeong-myeon, Goesan-gun, Chungbuk, Korea |
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Zip Code |
367-911 |
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Tel |
+82-43-216-8179 |
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Fax |
+82-43-216-2959 |
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E-mail |
heuksalm@chol.com |
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Website |
www.heuk.or.kr |
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Trading Address |
528, Aengcheon-ri,
Buljeong-myeon, Goesan-gun, Chungbuk, Korea |
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Tel |
+82-43-216-8179 |
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Fax |
+82-43-216-2959 |
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Other Address |
642-6, Gak-ri,
Ochang-eup, Cheongwon-gun, Chungbuk, Korea |
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Tel |
+82-43-212-0935 |
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Type |
Export/Import |
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Industry |
Wholesales of Chemicals |
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Main Business |
Agricultural Organic Materials, Organic
Fertilizer, Organic Agricultural Chemicals, Agricultural Materials, Soil,
Food |
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Established (mm/dd/yyyy) |
12/24/1999 |
Detailed Products
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Activity |
Detailed Products (UNSPSC) |
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Sell |
Organic fertilizers and plant
nutrients(10171500) |
CEO’s
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Name |
Lee Tae-Geun |
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Address |
528, Aengcheon-ri,
Buljeong-myeon, Goesan-gun, Chungbuk, Korea |
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Date of Birth |
08/05/1959 |
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Title |
President & CEO |
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Sex |
Male |
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Nationality |
Korean |
Profiles
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Capital (KRW) |
600,000,000 |
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Employees |
30 |
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Formation |
Co., Ltd by Shares Venture Business |
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Bank Details |
Nonghyup Bank |
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Corporate Registered No. |
154411-0004345 |
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Business Registered No. |
303-81-24778 |
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Permit & Licenses |
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Shareholder Position |
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Company History |
06/28/2007 Designated as a Venture Business 07/01/2009 Designated as a Venture Business
again |
Management
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Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Date |
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President & CEO |
Mr. |
Lee Tae-Geun |
Male |
Korean |
03/31/2009 |
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Outside Director |
Mr. |
Choi Kwan-Ho |
Male |
Korean |
03/31/2009 |
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Director |
Mr. |
Seo Hyun-Chang |
Male |
Korean |
03/31/2009 |
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Auditor |
Mr. |
Cho Hee-Boo |
Male |
Korean |
03/31/2009 |
Financials
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Year / Unit : KRW |
Sales |
Assets |
Net Income |
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2008 |
5,648,000,000 |
3,192,000,000 |
225,000,000 |
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2007 |
5,409,000,000 |
2,878,000,000 |
335,000,000 |
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2006 |
5,861,000,000 |
2,729,000,000 |
351,000,000 |
Financial Description
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Authorized Capital(KRW) |
5,000,000,000 |
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Paid-Up Capital(KRW) |
600,000,000 |
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Total Issues Shares |
120,000 |
Trade Partners & Competitors
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Competitors |
SHINSUNG TRADING CO., LTD. RM. 1108, SEONGNAM WOOLIM LION`S VALLEY
3-CHA, 5445, SANGDAEWON 2-DONG, JUNGWON-GU, SEONGNAM-SI, GYEONGGI-DO, KOREA TEL:+82-2-409-3666~8 FAX:+82-2-2237-8422 WANG CO., LTD. YANGJAE-DONG FLOWERING PLANT JOINT MARKET,
232, YANGJAE 2-DONG, SEOCHO-GU, SEOUL, KOREA TEL:+82-2-579-5083 FAX:+82-2-578-8638 DAESIN CORPORATION RM. 1101, HANSHIN OFFICETEL, 2463-4,
SINHEUNG 2-DONG, SUJEONG-GU, SEONGNAM-SI, GYEONGGI-DO, KOREA TEL:+82-31-730-2182~3 FAX:+82-31-730-2184 |
Related Parties
(Subsidiaries, Joint-Venture & Affiliates)
|
Affiliates |
HEUKSALIM FOUNDATION.(154421-0000508) |
Sales by Region
(Activity & Markets)
Not Available.
Court Action
Not Available.
News Clipping
---
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
|
US Dollar |
1 |
Rs.45.07 |
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UK Pound |
1 |
Rs.63.57 |
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Euro |
1 |
Rs.72.97 |
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.