MIRA INFORM
REPORT
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Report Date : |
30.05.2011 |
IDENTIFICATION DETAILS
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Name : |
SW GENERAL TRADING CORP. |
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Registered Office : |
1142-2, Sanbon-dong, Gunpo-si, Gyeonggi-do, Korea, Rm.711,
The O Plus, Zip Code 435-040 |
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Country : |
South Korea |
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Date of Incorporation : |
23.02.2010 |
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Legal Form : |
Co., Ltd by Shares |
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Line of Business : |
Recovery of Metal Waste and Scrap |
RATING & COMMENTS
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MIRA’s Rating : |
NB |
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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 : |
New Company |
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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
|
Country Name |
Previous Rating (31.12.2010) |
Current Rating (31.03.2011) |
|
South Korea |
a1 |
a1 |
|
Risk Category |
ECGC
Classification |
|
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 |
SW GENERAL TRADING CORP. (Korean Company Name : “(주)에스더블유종합상사”) |
|
Registered Address |
1142-2, Sanbon-dong,
Gunpo-si, Gyeonggi-do, Korea |
|
Building |
Rm.711, The O Plus |
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Zip Code |
435-040 |
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Tel |
+82-31-394-6966 |
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Fax |
+82-31-394-6967 |
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E-mail |
ssscrap@naver.com |
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Website |
www.scrapmetal.co.kr |
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Trading Address |
Rm.711, The O Plus, 1142-2, Sanbon-dong, Gunpo-si, Gyeonggi-do, Korea |
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Tel |
+82-505-612-0001 |
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Fax |
+82-505-612-0003 |
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Type |
Export/Import |
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Industry |
Recovery of Metal Waste and Scrap |
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Main Business |
Stainless Steel Scrap, Super Alloy Scrap |
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Established (mm/dd/yyyy) |
02/23/2010 |
Detailed Products
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Activity |
Detailed Products (UNSPSC) |
|
Sell |
Metal scrap(11191600) |
CEO’s
|
Name |
Won Choong-Yeol |
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Address |
690-4, Jungheung-dong,
Buk-gu, Gwangju, Korea |
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Date of Birth |
11/22/1960 |
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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) |
50,000,000 |
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Employees |
3 |
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Formation |
Co., Ltd by Shares |
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Bank Details |
N/A |
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Corporate Registered No. |
135111-0097597 |
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Business Registered No. |
N/A. (The numbers are kept by the National
Tax Service confidentially.) |
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Permit & Licenses |
Int’l Trade No.: 45405152 |
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Shareholder Position |
N/A |
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Company History |
02/23/2010 Incorporated as the present name |
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Management
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Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Date |
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Co-President & CEO |
Mr. |
Won Choong-Yeol |
Male |
Korean |
02/23/2010 |
|
Co-President & CEO |
M/S. |
Sohn Hye-Soon |
Female |
Korean |
02/23/2010 |
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Director |
Mr. |
Im Yong-Chul |
Male |
Korean |
02/23/2010 |
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Auditor |
Mr. |
Won Choong-Kook |
Male |
Korean |
02/23/2010 |
Financials
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
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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 |
5,000 |
Products, Technologies, Services Description
|
Main Products & Services |
Stainless Steel Scrap, Super Alloy Scrap |
Trade Partners & Competitors
|
Competitors |
SINJIN-SM
CO., LTD. 5B, JANGGYE NONG
GONG DANJI, 845, GEUMDEOK-RI, JANGGYE-MYEON, JANGSU-GUN, JEOLLABUK-DO, KOREA TEL:+82-63-352-5301~2 FAX:+82-63-352-5300 MORE STEEL CO., LTD. 1345-6,
MUNDEOK-RI, OCHEON-EUP, NAM-GU, POHANG-SI, GYEONGSANGBUK-DO, KOREA TEL:+82-54-278-5401 FAX:+82-54-278-5404 GIJEON CO.,
LTD. 155B-8L,
NAMDONG INDUSTRIAL COMPLEX, 726-7, GOJAN-DONG, NAMDONG-GU, INCHEON, KOREA TEL:+82-32-811-4000 FAX:+82-32-811-4487 |
Sales by Region
(Activity & Markets)
Not Available.
Court Action
Not Available.
News Clipping
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FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.45.21 |
|
UK Pound |
1 |
Rs.74.31 |
|
Euro |
1 |
Rs.64.40 |
RATING EXPLANATIONS
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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 |
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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 |
|
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 |
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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.