MIRA INFORM REPORT
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Report Date : |
04.11.2011 |
IDENTIFICATION DETAILS
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Name : |
NRH STEEL CO |
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Registered Office : |
102-6, Cheonnae-ri, Hwawon-eup, Dalseong-gun,
Daegu, Korea, Zip Code 711-834 |
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Country : |
South Korea |
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Date of Incorporation : |
Not Available |
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Com. Reg. No.: |
Not Available |
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Legal Form : |
Sole Proprietorship |
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Line of Business : |
Wholesale of Basic Metals |
RATING & COMMENTS
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MIRA’s Rating : |
Ca |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Status : |
Very 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 – September 30th, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
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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 |
Basic
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Company
Name |
NRH STEEL CO. (Korean Company Name : “N/A”) |
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Registered Address |
102-6,
Cheonnae-ri, Hwawon-eup, Dalseong-gun, Daegu, Korea |
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Zip Code |
711-834 |
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Tel |
+82-53-634-2730 |
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Fax |
+82-53-632-5470 |
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Trading Address |
102-6,
Cheonnae-ri, Hwawon-eup, Dalseong-gun, Daegu, Korea |
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Tel |
+82-53-634-2730 |
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Fax |
+82-53-632-5470 |
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Type |
Export/Import |
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Industry |
Wholesale of Basic Metals |
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Main Business |
Steel Products |
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Established (mm/dd/yyyy) |
N/A |
Detailed Products
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Activity |
Detailed Products (UNSPSC) |
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Sell |
Steel(11101704) |
CEO’s
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Name |
N/A |
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Title |
Owner |
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Sex |
N/A |
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Nationality |
N/A |
Profiles
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Capital (KRW) |
Not Applicable to
the Sole Proprietorship |
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Employees |
N/A |
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Formation |
Sole Proprietorship |
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Bank Details |
N/A |
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Corporate Registered No. |
Not Applicable to the Sole Proprietorship |
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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 |
N/A |
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Shareholder Position |
The owner has 100% shares. |
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Company History |
N/A |
The premises(3-story
building) of registered HQ address, 102-6,
Cheonnae-ri, Hwawon-eup, Dalseong-gun, Daegu, Korea, have been owned by M/S.
KIM Jeom-Soon(DOB : 02/10/1945) since 06/20/2003. And for the phone and fax
numbers are all not identical who owns.
In our research
through the official sources including the Supreme Court Registry at which
every Co Ltd type of Company should be registered, we could not find the
subject company under the subject company name. So we submit the report as a Sole Proprietorship
Type of Company as long as the subject company exists.
Because the
subject’s Business Registered No., for checking through the National tax
Service whether the subject is still existing or not, is not available, so we
cannot confirm if the subject exist or not legally.
Financials
The 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) |
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 |
Products, Technologies, Services Description
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Main Products & Services |
Steel Products |
Trade Partners & Competitors
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Competitors |
BUSAN STEEL CO., LTD. 720-4, HAKJANG-DONG, SASANG-GU, BUSAN,
KOREA TEL:+82-51-325-1131~4 FAX:+82-51-324-6440 DEOGWON STEEL CO., LTD. 507-5, BANJEONG-DONG, HWASEONG-SI,
GYEONGGI-DO, KOREA TEL:+82-31-223-7708 FAX:+82-31-223-0977 WELLSTEEL CO., LTD. 1752-1, SONGJEONG-DONG, GANGSEO-GU, BUSAN,
KOREA TEL:+82-51-831-7330 FAX:+82-51-831-7329 |
Sales by Region
(Activity & Markets)
The Subject imports
from Chile.
Court Action
Not Available.
News Clipping
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FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.49.37 |
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UK Pound |
1 |
Rs.78.50 |
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Euro |
1 |
Rs.67.59 |
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.