MIRA INFORM REPORT

 

 

Report Date :           

21.01.2012

 

IDENTIFICATION DETAILS

 

Name :

CWL CO., LTD.

 

 

Registered Office :

716, Suseo-dong, Gangnam-gu, Seoul, Korea, Rm.905, West-Kwan, Cylux Bldg., Zip Code 135-884

 

 

Country :

South Korea

 

 

Date of Incorporation :

21.08.2008

 

 

Legal Form :

Co., ltd by Shares

 

 

Line of Business :

Wholesales of Machinery for Pulp and Paper Processing

 

 

No. of Employees :

Not Available

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Status :

Moderate

 

 

Payment Behaviour :

No Complaints

 

 

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)

South Korea

a1

a1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 


Basic

 

Company Name

CWL CO., LTD.

(Korean Company Name : “씨더블유엘()”)

Registered Address

716, Suseo-dong, Gangnam-gu, Seoul, Korea

Building

Rm.905, West-Kwan, Cylux Bldg.

Zip Code

135-884

Tel

+82-2-2149-8806

Fax

+82-2-2149-8807

E-mail

kolbe815@cowill.com

Website

www.bhs-world.com

Trading Address

Rm.905, West-Kwan, Cylux Bldg., 716, Suseo-dong, Gangnam-gu, Seoul, Korea

Tel

+82-2-2149-8806

Fax

+82-2-2149-8807

Type

Import

Industry

Wholesales of Machinery for Pulp and Paper Processing

  Main Business

Corrugators, Corrugating Rolls

Established (mm/dd/yyyy)

08/21/2008

 

 

Detailed Products

 

Activity

Detailed Products (UNSPSC)

Sell

Corrugators

Sell

Corrugating Rolls

 

 

CEO’s

 

Name

Kim Jae-Han (Mobile : +82-10-8581-0612)

Address

Rm.905, West-Kwan, Cylux Bldg., 716, Suseo-dong, Gangnam-gu, Seoul, Korea

Date of Birth

08/15/1969

Title

President & CEO

Sex

Male

Nationality

Korean

 

 

Profiles

 

Capital (KRW)

100,000,000

Employees

N/A

Formation

Co., ltd by Shares

Bank Details

N/A

Corporate Registered No.

110111-3956757

Business Registered No.

120-87-***** (The full 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.)

Permit & Licenses

N/A

Shareholder Position

N/A

Company History

08/21/2008 Incorporated as the present name

12/01/2009 Increased capital to 100,00,00 KRW from 50,000,000 KRW

 

 

 

Management

 

Job Description

Title

Name

Sex

Nationality

Inauguration Date

President & CEO

Mr.

Kim Jae-Han

Male

Korean

08/21/2011

Director

M/S.

Choi Hwa-Hee

Female

Korean

08/21/2011

Director

Mr.

Hwang Jung-Won

Male

Korean

08/21/2011

Auditor

M/S.

Choi Kyung-Hee

Female

Korean

02/08/2011

 

 

Financials

 

Year / Unit : KRW

Sales

Assets

Net Income

2010

2,400,000,000

 

 

2009

 

 

 

2008

 

 

 

 

The full financials are not available, and the Subject Company does not have any obligations to release its financials to the public.

 

 

Financial Description

 

Authorized Capital(KRW)

200,000,000

Paid-Up Capital(KRW)

100,000,000

Total Issued Shares

20,000

 


 

Products, Technologies, Services Description

 

Main Products & Services

Corrugators, Corrugating Rolls

 

 

Trade Partners & Competitors

 

Suppliers

NIPPON TOKKEN(JAPAN)

TAIWAN ENDURANCE(TAIWAN)

LODICUT(SPAIN)

DANBAN(JAPAN)

VENDERHEIDEN(GERMANY)

 

BHS CORRUGATED MASCHINEN- UND ANLAGENBAU GMBH

PAUL-ENGEL-STR. 1 92729 WEIHERHAMMER GERMANY

TEL:+49-96 05-919-0  FAX:+49-96 05-919-301

Competitors

C & S CO., LTD.

565-1, CHOJEON-RI, JILLYE-MYEON, GIMHAE-SI, GYEONGSANGNAM-DO, KOREA

TEL:+82-55-345-6515  FAX:+82-55-345-5911

 

 

Sales by Region

(Activity & Markets)

 

Not Available.

 

 

Court Action

 

Not Available.

 

 

News Clipping

 

--

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.50.33

UK Pound

1

Rs.77.97

Euro

1

Rs.65.07

 

 

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%)

 

 

 

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This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.