MIRA INFORM REPORT
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Report Date : |
22.03.2012 |
IDENTIFICATION DETAILS
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Name : |
PRIME MEDICAL INC. |
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Registered Office : |
189, Geumdang-ri, Mado-myeon,
Hwaseong-si, 445-861 |
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Country : |
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Date of Incorporation : |
18.08.2009 |
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Com. Reg. No.: |
Not Available |
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Legal Form : |
Co., Ltd by Shares |
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Line of Business : |
Manufacture of Orthopedic Appliances; and Appliances and Supplies to
Compensate for Disability |
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No. of Employees
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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 : |
Moderate – Improving |
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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
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Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
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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 |
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Company
Name |
PRIME MEDICAL INC. (Korean Company
name : “㈜프라임메디칼”) |
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Registered Address |
189, Geumdang-ri,
Mado-myeon, Hwaseong-si, |
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Zip Code |
445-861 |
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Tel |
+82-31-355-8374 |
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Fax |
+82-31-354-8320 |
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E-mail |
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Website |
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Trading Address |
189, Geumdang-ri,
Mado-myeon, Hwaseong-si, |
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Tel |
+82-31-355-8374 |
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Fax |
+82-31-354-8320 |
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Type |
Export |
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Industry |
Manufacture of Orthopedic Appliances; and Appliances and Supplies to
Compensate for Disability |
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Main
Business |
Orthopedic Immobilization and Cast Room
Products, Synthetic Casting Tape, Polyester Casting Strips, Bandage, Cast
Cutter, Surgical Adhesive Tape |
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Established (mm/dd/yyyy) |
08/18/2009 |
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Activity |
Detailed Products (UNSPSC) |
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Sell |
Medical equipment and accessories and
supplies(42000000) |
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Name |
Chang Hyu-Jeong(Hugh) |
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Address |
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Date of Birth |
06/05/1960 |
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Title |
Representative Director |
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Sex |
Male |
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Nationality |
Korean |
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Capital (KRW) |
250,000,00 |
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Employees |
5 |
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Formation |
Co., Ltd by Shares |
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Bank Details |
Industrial Bank of Korea-Hwasung Branch |
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Corporate Registered No. |
134811-0179061 |
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Business Registered No. |
124-86-84*** (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.) |
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Permit & Licenses |
In t’l Trade No.: 45132731 |
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Shareholder Position |
N/A |
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Company History |
08/18/2009 Incorporated as the present name 12/23/2009 Moved to the present HQ address
from 291-3, Cheong-yo-ri,
Bibong-myeon, Hwaseong-si,
01/17/2011 Increased the authorized shares to
50,000 shares from 40,000 shares 01/17/2011 Increased capital to 250,000,00 KRW
from 50,000,000 KRW |
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Job
Description |
Title |
Name |
Sex |
Nationality |
Inauguration
Date |
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Representative Director |
Mr. |
Chang Hyu-Jeong(Hugh) |
Male |
Korean |
08/18/2009 |
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Auditor |
Mr. |
Chang Yong-Soo |
Male |
Korean |
08/18/2009 |
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Year / Unit : KRW |
Sales |
Assets |
Net Income |
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2,032,850,000 |
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135,670,000 |
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2009 |
266,210,000 |
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20,410,000 |
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2008 |
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2007 |
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2006 |
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2005 |
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2004 |
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2003 |
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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.
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Authorized Capital(KRW) |
250,000,000 |
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Paid-Up Capital(KRW) |
250,000,000 |
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Total Issued Shares |
50,000 |
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Main Products & Services |
Orthopedic Immobilization and Cast Room Products,
Synthetic Casting Tape, Polyester Casting Strips, Bandage, Cast Cutter,
Surgical Adhesive Tape |
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Competitors |
CU CKIN CO.,
LTD. 5TH FI.,
SAMHYEONG CASTLE BLDG., 48-1, JAMWON-DONG, SEOCHO-GU, TEL:+82-2-511-4288 FAX:+82-2-511-4624 MEDIWAY
KOREA CO., LTD. 3RD FL.,
SEOKCHO BLDG., 1784-1, SEOBYEON-DONG, BUK-GU, TEL:+82-53-955-2225 FAX:+82-53-955-1124 HANKOOK C-403,
LEADERSON TOWEN, 308, MANNYEON-DONG, SEO-GU, TEL:+82-42-485-7412~3 FAX:+82-42-485-7416 |
(Subsidiaries,
Joint-Venture & Affiliates)
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Overseas Office |
PRIME MEDICA PROMOTION PVT. LTD. 107, NEELKANTH ESTATE NO: 1, SATIVALI VASAI
(E), DIST: THANE - 401 208, TEL: +91 250 3291725 PRIME MEDICA PROMOTION PVT. LTD. RAJ ESTATE, PLOT NO: 7, NR GSFC B/H BUS
STAND, DASHRATH VADODARA - 391 740, TEL:+91 265 3191919 FAX:+91 265 2241607 PRIME MEDICAL INC. WU LINGJUN ZHENGZHOU CAST MEDICAL
INSTRUMENT CO., LTD. ROOM 1301 KINEER INTERNATIONAL B/D, TEL:+86-371-65586732\65586767 FAX:+86-371-65586767 PRIME MEDICAL INC. BIROPEDIA HEALTH CARE PRODUCTS INH. ZEEV BIRO CHAMPAGNE 7 D-42781 TEL:+49 (0) 2104 / 83 12 44 FAX:+49 (0) 2104 / 83 12 68 |
(Activity & Markets)
The Subject exports
to
Not Available.
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FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.50.59 |
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1 |
Rs.80.34 |
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Euro |
1 |
Rs.67.14 |
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.