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MIRA INFORM REPORT
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Report Date : |
07.11.2011 |
IDENTIFICATION DETAILS
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Name : |
LEATHER BORN CORPORATION |
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Registered Office : |
126-6, Ogeum-dong, Songpa-gu, Seoul, Korea, Zip Code 138-130 |
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Country : |
South Korea |
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Date of Incorporation : |
21.09.1993 |
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Com. Reg. No.: |
Not Available |
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Legal Form : |
Sole Proprietorship |
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Line of Business : |
Wholesales of Raw Materials of Leather |
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 Company |
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Payment
Behaviour : |
No Complaints |
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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
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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 |
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Company Name |
LEATHER BORN CORPORATION (Korean Company Name : “레더본코퍼레이션”) |
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Registered Address |
126-6,
Ogeum-dong, Songpa-gu, Seoul, Korea |
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Zip Code |
138-130 |
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Tel |
+82-2-400-4966 |
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Fax |
+82-2-400-6366 |
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Trading Address |
126-6, Ogeum-dong, Songpa-gu, Seoul, Korea |
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Tel |
+82-2-469-0702~3 |
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Fax |
+82-2-400-6366 |
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Type |
Export/Import |
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Industry |
Wholesales of Raw Materials of Leather |
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Established (mm/dd/yyyy) |
09/21/1993 |
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Activity |
Detailed Products (UNSPSC) |
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Sell |
Leathers(11162300) |
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Name |
Kim Hyung-Keun |
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Title |
Owner |
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Sex |
Male |
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Nationality |
Korean |
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Capital (KRW) |
Not Applicable to
the Sole Proprietorship |
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Employees |
3 |
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Formation |
Sole Proprietorship |
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Bank Details |
Industrial Bank of Korea 50, Ulchiro 2-ga, Chung-gu, Seoul 100-192
Korea Tel: +82-2-729-7114 |
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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.) Because the subject’s full 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.) |
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Permit & Licenses |
Int’l Trade No.: 11111900 |
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Shareholder Position |
Not Applicable to the Sole Proprietorship |
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Company History |
09/1993 Established as the present name 02/2005 Moved
to the present HQ address from 668-38, Sungsu-dong 2 ga, Sungdong - gu, Seoul, Korea |
We have checked
many sources, but we could not find of the subject company at 300-78, Seongsu-dong
2-ga, Seongdong-gu, Seoul, Korea, and contact numbers are all not registered as the subject company.
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Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Date |
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Owner |
Mr. |
Kim Hyung-Keun |
Male |
Korean |
09/21/1993 |
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 |
Leather Products |
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Competitors |
PIWON CO., LTD. 542, DONGDUCHEON-DONG, DONGDUCHEON-SI,
GYEONGGI-DO, KOREA TEL:+82-31-867-8670 FAX:+82-31-866-8670 BUMYANG LEATHER TECH CO., LTD. 27-5, CHOSEONG-RI, CHEONGSAN-MYEON,
YEONCHEON-GUN, GYEONGGI-DO, KOREA TEL:+82-31-835-6177 FAX:+82-31-835-6252 DSI COMPANY LTD. 617-1, SEONGGOK-DONG, DANWON-GU, ANSAN-SI,
GYEONGGI-DO, KOREA TEL:+82-31-491-9421 FAX:+82-31-491-0387 |
(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.49.08 |
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UK Pound |
1 |
Rs.78.65 |
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Euro |
1 |
Rs.67.79 |
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.