MIRA INFORM REPORT
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Report Date : |
31.01.2012 |
IDENTIFICATION DETAILS
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Name : |
TOPCO GLOBAL LTD. |
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Registered Office : |
9-4, Sunae-dong, Bundang-gu,
Seongnam-si, Gyeonggi-do, Korea, Rm.902, Hyundae Office, Zip Code 463-825 |
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Country : |
South Korea |
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Financials (as on) : |
31.12.2008 |
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Date of Incorporation : |
08.12.2006 |
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Com. Reg. No.: |
129-86-04145 |
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Legal Form : |
Co., Ltd by shares |
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Line of Business : |
Wholesale of Basic Metals |
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No. of Employees
: |
05 |
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
|
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 |
Basic
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Company
Name |
TOPCO GLOBAL
LTD. (Korean Company
Name : “(주)탑코글로벌”) |
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Registered Address |
9-4, Sunae-dong,
Bundang-gu, Seongnam-si, Gyeonggi-do, Korea |
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Building |
Rm.902, Hyundae Office |
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Zip Code |
463-825 |
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Tel |
+82-31-783-7819 |
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Fax |
+82-31-783-7829 |
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E-mail |
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Trading Address |
Rm.902, Hyundae Office, 9-4, Sunae-dong, Bundang-gu, Seongnam-si, Gyeonggi-do, Korea |
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Tel |
+82-31-714-9341 |
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Fax |
+82-31-714-9340 |
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Type |
Export |
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Industry |
Wholesale of Basic Metals |
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Main Business |
Steel Plate, Chemicals |
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Established (mm/dd/yyyy) |
12/08/2006 |
Detailed Products
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Activity |
Detailed Products (UNSPSC) |
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Sell |
Steel plate(30102204) |
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Sell |
Steel(11101704) |
CEO’s
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Name |
Yang Seung-Chil |
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Address |
Suite 606-1205, 123, Imae-dong,
Bundang-gu, Seongnam-si, Gyeonggi-do, Korea |
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Date of Birth |
12/05/1957 |
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Title |
Representative Director |
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Sex |
Male |
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Nationality |
Korean |
Profiles
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Capital (KRW) |
50,000,000 |
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Employees |
5 |
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Formation |
Co., Ltd by shares |
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Bank Details |
Korea Exchange Bank Korea Development Bank |
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Corporate Registered No. |
131111-0176080 |
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Business Registered No. |
129-86-04145 |
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Permit & Licenses |
Int’l Trade No.: 45309049 |
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Shareholder Position |
N/A |
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Company History |
12/08/2006 Incorporated as the present name 09/03/2011 Moved to the present HQ address from C-605, Poonglim I-want
Plus Apt., 255-1, Seohyeon-dong, Bundang-gu, Seongnam-si, Gyeonggi-do, Korea |
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Management
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Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Date |
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Representative Director |
Mr. |
Yang Seung-Chil |
Male |
Korean |
12/08/2006 |
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Auditor |
M/S. |
Ahn Sun-Kil |
Female |
Korean |
03/20/2009 |
Financials
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Year / Unit : KRW |
Sales |
Assets |
Net Income |
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30,000,000,000 |
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2009 |
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2008 |
29,784,000,000 |
971,000,000 |
232,000,000 |
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2007 |
7,000,000,000 |
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2006 |
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The full financials
are not available, and the Subject Company does not have any obligations to
release its financials to the public.
Financial Description
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Authorized Capital(KRW) |
200,000,000 |
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Paid-Up Capital(KRW) |
50,000,000 |
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Total Issued Shares |
10,000 |
Balance
Sheet
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Unit : Korean Won |
As of 12/31/2010 |
As of 12/31/2009 |
As of 12/31/2008 |
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Total Assets |
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971,000,000 |
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Current Assets |
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942,000,000 |
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-Quick Assets |
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942,000,000 |
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-Inventories |
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- |
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Fixed Assets |
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29,000,000 |
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-Investment |
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4,000,000 |
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-Tangibles |
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- |
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-Intangibles |
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- |
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Total Liabilities |
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667,000,000 |
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Current Liabilities |
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667,000,000 |
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Fixed Liabilities |
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- |
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Capital Stock |
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50,000,000 |
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Capital Surplus |
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- |
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Profit Surplus |
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254,000,000 |
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Capital Adjustment |
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- |
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Total Equity |
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304,000,000 |
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Liab. & Shareholder’s Equity |
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971,000,000 |
Income
Statement
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|||
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Unit : Korean Won |
As of 12/31/2010 |
As of 12/31/2009 |
As of 12/31/2008 |
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Sales |
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29,784,000,000 |
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Cost of Sold Goods |
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27,749,000,000 |
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Gross Profit |
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2,034,000,000 |
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Selling & Admin. Expenses |
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2,027,000,000 |
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Operating Income |
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7,000,000 |
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Non-Operating Income |
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1,059,000,000 |
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Non-Operating Expenses |
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795,000,000 |
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Income Before Taxes |
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272,000,000 |
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Income Taxes Expenses |
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40,000,000 |
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Net Income |
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232,000,000 |
Products, Technologies, Services Description
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Main Products & Services |
Steel Plate, Chemicals |
Trade Partners & Competitors
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Competitors |
DAEHAN METALS CO., LTD. 1769-2, SONGJEONG-DONG, GANGSEO-GU, BUSAN,
KOREA TEL:+82-51-974-6002 FAX:+82-51-831-9008 DAEHO CO., LTD. 725-4, HAKJANG-DONG, SASANG-GU, BUSAN,
KOREA TEL:+82-51-314-3545 FAX:+82-51-322-5768 SUNGJIN CO., LTD. RM. 401, NAMGYEONG BLDG., 769-6, YEOKSAM 2-DONG,
GANGNAM-GU, SEOUL, KOREA TEL:+82-2-538-6766 FAX:+82-2-569-4080 |
Sales by Region
(Activity & Markets)
The Subject imports
from China.
Court Action
Not Available.
News Clipping
--
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.49.50 |
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UK Pound |
1 |
Rs.77.74 |
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Euro |
1 |
Rs.65.19 |
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.