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Report Date : |
12.05.2012 |
IDENTIFICATION DETAILS
|
Name : |
TEXZONE TEXTILE COMPANY |
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Registered Office : |
Rm. 1514, Gangbyeon Hanshin Core Bldg. 350, Mapo-dong, Mapo-gu, |
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Country : |
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Date of Incorporation : |
11.08.2010 |
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Legal Form : |
Sole Proprietorship |
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Line of Business : |
Wholesale of Textiles |
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No. of Employees : |
3 |
RATING & COMMENTS
|
MIRA’s Rating : |
Ca |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 |
|
Status : |
Moderate |
|
Payment Behaviour : |
Unknown |
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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 – March 31st, 2012
|
Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
|
|
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
|
Company
Name |
TEXZONE TEXTILE COMPANY (Korean Company Name : “텍스존텍스타일”) |
|
Registered Address |
350, Mapo-dong, Mapo-gu, |
|
Building |
Rm. 1514, Gangbyeon Hanshin Core Bldg. |
|
Zip Code |
121-703 |
|
Tel |
+82-2-561-6474 |
|
Fax |
+82-2-561-6475 |
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E-mail |
kjh@texzone.co.kr |
|
Trading Address |
Rm. 1514, Gangbyeon Hanshin Core Bldg.,
350, Mapo-dong, Mapo-gu, |
|
Tel |
+82-2-561-6474 |
|
Fax |
+82-2-561-6475 |
|
Type |
Export |
|
Industry |
Wholesale of Textiles |
|
Main Business |
Embroidery Fabrics |
|
Established (mm/dd/yyyy) |
08/11/2010 |
|
Activity |
Detailed Products (UNSPSC) |
|
Sell |
Fabrics and leather production(73141700) |
|
Sell |
Specialty fabrics or cloth(11162100) |
|
Name |
Lee Sung-Tae |
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Title |
Owner |
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Sex |
Male |
|
Nationality |
Korean |
|
Capital (KRW) |
Not Applicable to the
Sole Proprietorship |
|
Employees |
3 |
|
Formation |
Sole Proprietorship |
|
Bank Details |
N/A |
|
Corporate Registered No. |
Not Applicable to the Sole Proprietorship |
|
Business Registered No. |
105-16-*****(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 |
The owner has 100% shares. |
|
Company History |
08/11/2010 Established as the present name |
In our research through
the official sources including the Supreme Court Registry at which every Co Ltd
type of Company should be registered, we could not find the subject company
under the subject company name. So we submit the report as a Sole
Proprietorship Type of Company as long as the subject company exists.
|
Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Date |
|
Owner |
Mr. |
Lee Sung-Tae |
Male |
Korean |
08/11/2010 |
The financials are not
available, and the Subject Company does not have any obligations to release its
financials to the public.
|
Authorized Capital(KRW) |
Not Applicable to the Sole Proprietorship |
|
Paid-Up Capital(KRW) |
Not Applicable to the Sole Proprietorship |
|
Total Issued Shares |
Not Applicable to the Sole Proprietorship |
|
Main Products & Services |
Embroidery Fabrics |
|
Competitors |
HAN KOOK EMBROIDERY CO. RM. 303, YEONGHWA BLDG., 232-1, SEONGSU
2-GA 1-DONG, SEONGDONG-GU, TEL:+82-2-2205-2001 FAX:+82-2-2205-2005 TAEKANG CORPORATION 11TH FL., DORYEOM JEONGWOO BLDG., 60,
DORYEOM-DONG, JONGNO-GU, TEL:+82-2-3667-1067 FAX:+82-2-732-9006 SEONGIL INDUSTRIAL CO., LTD. 618, CHOJI-DONG, DANWON-GU, ANSAN-SI, TEL:+82-31-491-5350 FAX:+82-31-491-3709 |
(Activity &
Markets)
The Subject exports
to Hong Kong and
Not Available.
--
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.53.64 |
|
|
1 |
Rs.86.42 |
|
Euro |
1 |
Rs.69.28 |
INFORMATION DETAILS
|
Report Prepared
by : |
PRL |
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.