MIRA INFORM REPORT

 

 

Report Date :           

31.01.2012

 

IDENTIFICATION DETAILS

 

Correct Name :

HANSTYLE INTERNATIONAL CO., LTD.

 

 

Registered Office :

656-13, Sinsa-Dong, Gangnam-Gu, Seoul, Korea, Zip Code 135-897

 

 

Country :

South Korea

 

 

Date of Incorporation :

14.02.2006

 

 

Com. Reg. No.:

211-87-77435

 

 

Legal Form :

Co., Ltd by shares

 

 

Line of Business :

Wholesales & Retails of Garments, Accessories, Imitation Jewelry, and other fashion goods

 

 

No. of Employees :

10

 

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 :

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 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

HANSTYLE INTERNATIONAL CO., LTD.

(Korean Company Name : “(주)한스타일인터내셔날”)

Registered Address

656-13, Sinsa-dong, Gangnam-gu, Seoul, Korea

Zip Code

135-897

Tel

+82-2-517-7578

Fax

+82-2-517-2358

E-mail

sin-cool@hanmail.net

Trading Address

656-13, Sinsa-dong, Gangnam-gu, Seoul, Korea

Tel

+82-2-517-7578

Fax

+82-2-517-2358

Type

Import/Export

Industry

Wholesales & Retails of Garments, Accessories, Imitation Jewelry, and other fashion goods

  Main Business

Garments

  Sub Business

Wholesales of Books and Publication

Established (mm/dd/yyyy)

02/14/2006

The Subject occupies the premises of registered address by leasing base.

 

 

Detailed Products

 

Activity

Detailed Products (UNSPSC)

Sell

Clothing(53100000)

Sell

Shirts and blouses(53101600)

Sell

Slacks and trousers and shorts(53101500)

Sell

Coats and jackets(53101800)

Sell

Accessories

Sell

Imitation Jewelry

Sell

Other Fashion Goods

 

 

CEO’s

 

Name

Han So-Young

Address

Suite 101-1801, 4-6, Samseong-dong, Gangnam-gu, Seoul, Korea

Date of Birth

07/18/1971

Title

President & CEO

Sex

Female

Nationality

Korean

 

Profiles

 

Capital (KRW)

50,000,000

Employees

10

Formation

Co., Ltd by shares

Bank Details

N/A

Corporate Registered No.

110111-3399684

Business Registered No.

211-87-77435

Permit & Licenses

N/A

Shareholder Position

N/A

Company History

2001 Established

02/14/2006 Incorporated as the present name

12/27/2007 Increased the authorized shares to 160,000 shares from 40,000 shares

12/29/2007 Increased capital to 200,000,000 KRW from 50,000,000 KRW

01/23/2009 Moved to the present HQ address from 3FL., Daeha Bldg., 666-1, Sinsa-dong, Gangnam-gu, Seoul, Korea

 

 

 

 

Management

 

Job Description

Title

Name

Sex

Nationality

Inauguration Date

President & CEO

M/S.

Han So-Young

Female

Korean

02/14/2006

Director

Mr.

Han Chang-Hoon

Male

Korean

02/14/2006

Auditor

Mr.

Han Dong-Hee

Male

Korean

02/14/2006

 

 

Financials

 

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)

800,000,000

Paid-Up Capital(KRW)

200,000,000

Total Issued Shares

40,000

 

 

Products, Technologies, Services Description

 

Main Products & Services

Garments, Accessories, Imitation Jewelry, and other fashion goods

Trade Partners & Competitors

 

Competitors

BABA FASHION CO., LTD.

6TH FL., CHEONG-GU BLDG., 517-5, SINSA-DONG, GANGNAM-GU, SEOUL, KOREA

TEL:+82-2-512-6341  FAX:+82-2-512-3033

 

WOOJIN FASHION BIZ, INC.

216-1, SANGHA-DONG, GIHEUNG-GU, YONGIN-SI, GYEONGGI-DO, KOREA

TEL:+82-31-281-2260  FAX:+82-31-281-2261

 

BILTMORE CO., LTD.

8TH FL., HYUNDAI TOPICS, 44-3, BANGI 2-DONG, SONGPA-GU, SEOUL, KOREA

TEL:+82-2-420-7136  FAX:+82-2-422-7500

 

 

Sales by Region

(Activity & Markets)

 

The Subject imports from USA and Europe.

 

 

Court Action

 

Not Available.

 

 

News Clipping

 

---

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.49.50

UK Pound

1

Rs.77.74

Euro

1

Rs.65.19

 

 

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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