MIRA
INFORM REPORT
|
Report Date : |
28.01.2012 |
IDENTIFICATION DETAILS
|
Name : |
GLORY CHEMICAL
CO., LTD |
|
|
|
|
Registered Office : |
691-6, Gojan-dong, Namdong-gu, Incheon |
|
|
|
|
Country : |
South Korea |
|
|
|
|
Date of Incorporation : |
29.12.2009 |
|
|
|
|
Com. Reg. No.: |
Co., Ltd by Shares |
|
|
|
|
Legal Form : |
131-86-***** (The full numbers are kept by the
National Tax Service confidentially.) |
|
|
|
|
Line of Business : |
Manufacture of Plastic Films, Sheets and Plates, Plastic Laminating,
Coating and Other Surface Processing Products |
|
|
|
|
No. of Employees : |
29 |
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 : |
Small company |
|
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 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 |
Basic
|
Company
Name |
GLORY CHEMICAL
CO., LTD. (Korean Company Name
: “(주)글로리케미칼”) |
|
Registered Address |
691-6, Gojan-dong, Namdong-gu, Incheon,
Korea |
|
Building |
121B-7L, Namdong Industrial Complex |
|
Zip Code |
405-820 |
|
Tel |
+82-32-811-0041~3 |
|
Fax |
+82-32-811-0044 |
|
E-mail |
|
|
Website |
|
|
Trading Address |
121B-7L, Namdong Industrial Complex,
691-6, Gojan-dong, Namdong-gu, Incheon, Korea |
|
Tel |
+82-32-811-0041~3 |
|
Fax |
+82-32-811-0044 |
|
Type |
Export |
|
Industry |
Manufacture of Plastic Films, Sheets and Plates, Plastic Laminating,
Coating and Other Surface Processing Products |
|
Main Business |
Solar Control Film, Polyester Film |
|
Established (mm/dd/yyyy) |
12/29/2009 |
Mr. Bang Moon-Seok owns
the premises of registered HQ address.
Detailed Products
|
Activity |
Detailed Products (UNSPSC) |
|
Sell |
Films(13111200) |
|
Sell |
Window film(30141511) |
CEO’s
|
Name |
Bang Moon-Seok |
|
Address |
Suite 503-1002, 1037, Jung-dong, Wonmi-gu,
Bucheon-si, Gyeonggi-do, Korea |
|
Date of Birth |
04/10/1959 |
|
Title |
Representative Director |
|
Sex |
Male |
|
Nationality |
Korean |
Profiles
|
Capital (KRW) |
500,000,000 |
|
Employees |
29 |
|
Formation |
Co., Ltd by Shares |
|
Bank Details |
N/A |
|
Corporate Registered No. |
120111-0518855 |
|
Business Registered No. |
131-86-***** (The full numbers are kept by
the National Tax Service confidentially.) |
|
Permit & Licenses |
04/2003 ISO 9001 |
|
Shareholder Position |
N/A |
|
Company History |
03/07/1989 Established as GLORY CHEMICAL CO.(Sole Proprietorship) 12/29/2009 Incorporated as the present name |
|
|
|
Detailed Information
Management
|
Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Date |
|
Representative Director |
Mr. |
Bang Moon-Seok |
Male |
Korean |
12/29/2009 |
|
Auditor |
M/S. |
Ham Yoon-Sook |
Female |
Korean |
12/29/2009 |
Financials
|
Year / Unit : KRW |
Sales |
Assets |
Net Income |
|
|
|
|
|
|
2009 |
|
|
|
The 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) |
2,000,000,000 |
|
Paid-Up Capital(KRW) |
500,000,000 |
|
Total Issued Shares |
100,000 |
Products, Technologies, Services Description
|
Main Products & Services |
Solar Control Film, Polyester Film |
Trade Partners & Competitors
|
Competitors |
NEXFIL CO., LTD. 101-66, DEOKPYEONG-RI, MAJANG-MYEON, ICHEON-SI,
GYEONGGI-DO, KOREA TEL:+82-1544-9991 FAX:+82-31-332-3265 CNC TECH LTD. 1-5, YONGDU-RI, GONGDO-EUP, ANSEONG-SI,
GYEONGGI-DO, KOREA TEL:+82-31-691-7660 FAX:+82-2-3283-8002 CNK CORPORATION RM. 413, ANYANG VENTURETEL, 1107-1,
BISAN-DONG, DONGAN-GU, ANYANG-SI, GYEONGGI-DO, KOREA TEL:+82-31-385-0377 FAX:+82-31-385-0378 |
The Subject exports
to Singapore and USA.
Court Action
|
Case No. |
Court |
Plaintiff(s)/
Creditor(s)/ Applicant(s) |
Defendant(s)/
Debtor(s)/ Respondent(s) |
Cause |
Amount (Million KRW) |
Status |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Not Available.
News Clipping
---
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.49.64 |
|
|
1 |
Rs.77.79 |
|
Euro |
1 |
Rs.65.05 |
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.