|
Report Date : |
21.02.2012 |
IDENTIFICATION DETAILS
|
Name : |
BTM CO., LTD. |
|
|
|
|
Registered Office : |
Rm. 1328, Poonglim VIPtel 404, Gongdeok-dong, Mapo-gu, Seoul, Korea
121-718 |
|
|
|
|
Country : |
South Korea |
|
|
|
|
Financials (as on) : |
31.12.2008 |
|
|
|
|
Date of Incorporation : |
09.11.2007 |
|
|
|
|
Com. Reg. No.: |
105-87-14590 |
|
|
|
|
Legal Form : |
Co., Ltd by shares |
|
|
|
|
Line of Business : |
Machinery for Making Textile & Fabrics,
Wholesales of Textile Materials & Construction Materials |
|
|
|
|
No. of Employees : |
5 |
RATING & COMMENTS
|
MIRA’s Rating : |
Ca |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 |
|
Status : |
Small Company |
|
Payment Behaviour : |
Unknown |
|
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 30, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
|
South Korea |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
|
Company
Name |
BTM CO., LTD. (Korean Company Name : “비티엠테크(주)”) |
|
Registered Address |
404, Gongdeok-dong, Mapo-gu, Seoul, Korea |
|
Building |
Rm. 1328, Poonglim VIPtel |
|
Zip Code |
121-718 |
|
Tel |
+82-2-6387-7003 |
|
Fax |
+82-2-6387-7004 |
|
E-mail |
dande@btmco.co.kr |
|
Trading Address |
Rm. 1328, Poonglim VIPtel, 404,
Gongdeok-dong, Mapo-gu, Seoul, Korea |
|
Tel |
+82-2-6387-7003 |
|
Fax |
+82-2-6387-7004 |
|
Type |
Export |
|
Industry |
Wholesale of Other Industrial Machinery and Equipment |
|
Main Business |
Machinery for Making Textile & Fabrics,
Wholesales of Textile Materials & Construction Materials |
|
Sub
Business |
Electronic Components |
|
Established (mm/dd/yyyy) |
11/09/2007 |
The Subject Company
occupies the premises of registered HQ address by leasing base.
|
Activity |
Detailed Products (UNSPSC) |
|
Sell |
Textile processing machinery and accessories(23121500) |
|
Name |
Kim Jae-Hyung |
|
Address |
Suite 702, 1059-1, Namhyeon-dong,
Gwanak-gu, Seoul, Korea |
|
Date of Birth |
09/13/1964 |
|
Title |
Representative Director |
|
Sex |
Male |
|
Nationality |
Korean |
|
Capital (KRW) |
50,000,000 |
|
Employees |
5 |
|
Formation |
Co., Ltd by shares |
|
Bank Details |
Korea Exchange Bank Woori Bank |
|
Corporate Registered No. |
110111-3785297 |
|
Business Registered No. |
105-87-14590 |
|
Permit & Licenses |
Int’l Trade No.: 45337750 |
|
Shareholder Position |
N/A |
|
Company History |
11/09/2007 Incorporated as the present name |
|
|
|
|
Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Date |
|
Representative Director |
Mr. |
Kim Jae-Hyung |
Male |
Korean |
11/09/2007 |
|
Auditor |
M/S. |
Kim Young-Sun |
Female |
Korean |
11/09/2007 |
|
Year / Unit : KRW |
Sales |
Assets |
Net Income |
|
|
|
|
|
|
2009 |
|
|
|
|
2008 |
|
|
|
|
2007 |
221,000,000 |
131,800,000 |
-6,100,000 |
The latest
financials are not available, and the Subject Company does not have any
obligations to release its financials to the public.
|
Authorized Capital(KRW) |
200,000,000 |
|
Paid-Up Capital(KRW) |
50,000,000 |
|
Total Issues Shares |
10,000 |
|
Unit : Korean Won |
As of 12/31/2010 |
As of 12/31/2009 |
As of 12/31/2008 |
|
Total Assets |
|
|
131,800,000 |
|
Current Assets |
|
|
131,100,000 |
|
-Quick Assets |
|
|
131,100,000 |
|
-Inventories |
|
|
- |
|
Fixed Assets |
|
|
700,000 |
|
-Investment |
|
|
- |
|
-Tangibles |
|
|
- |
|
-Intangibles |
|
|
- |
|
Total Liabilities |
|
|
132,900,000 |
|
Current Liabilities |
|
|
132,900,000 |
|
Fixed Liabilities |
|
|
- |
|
Capital Stock |
|
|
5,000,000 |
|
Capital Surplus |
|
|
- |
|
Profit Surplus |
|
|
-6,100,000 |
|
Capital Adjustment |
|
|
- |
|
Total Equity |
|
|
-1,100,000 |
|
Liab. & Shareholder’s Equity |
|
|
131,800,000 |
|
Unit : Korean Won |
As of 12/31/2010 |
As of 12/31/2009 |
As of 12/31/2008 |
|
Sales |
|
|
221,000,000 |
|
Cost of Sold Goods |
|
|
162,500,000 |
|
Gross Profit |
|
|
58,500,000 |
|
Selling & Admin. Expenses |
|
|
63,700,000 |
|
Operating Income |
|
|
-5,200,000 |
|
Non-Operating Income |
|
|
1,900,000 |
|
Non-Operating Expenses |
|
|
2,800,000 |
|
Income Before Taxes |
|
|
-6,100,000 |
|
Income Taxes Expenses |
|
|
- |
|
Net Income |
|
|
-6,100,000 |
|
Main Products & Services |
Machinery for Making Textile & Fabrics,
Wholesales of Textile Materials & Construction Materials |
|
Competitors |
SUNSTAR PRECISION CO., LTD. 178-67, GAJWA 1-DONG, SEO-GU, INCHEON,
KOREA TEL:+82-32-580-5800 FAX:+82-32-571-4546 A. M. S. CORPORATION RM. 708, HYUNDAI TOWER, 7-28,
SINCHEON-DONG, SONGPA-GU, SEOUL, KOREA TEL:+82-2-3431-1692 FAX:+82-2-3431-1695 TAEWON S & G LTD. 478-3, ONCHEON 1-DONG, DONGNAE-GU, BUSAN,
KOREA TEL:+82-51-558-1911~4 FAX:+82-51-555-3561 |
(Activity &
Markets)
The Subject exports
to India.
Not Available.
--
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.49.21 |
|
|
1 |
Rs.77.75 |
|
Euro |
1 |
Rs.64.58 |
RATING EXPLANATIONS
|
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 |
|
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 |
|
-- |
NB |
New Business |
-- |
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.