|
Report Date : |
22.05.2012 |
IDENTIFICATION DETAILS
|
Correct Name : |
CORSNET CO., LTD. |
|
|
|
|
Formerly Known As : |
CORSNET CO. |
|
|
|
|
Registered Office : |
136-1, Mapo-dong, Mapo-gu, |
|
|
|
|
Country : |
|
|
|
|
|
Date of Incorporation : |
03.05.2010 |
|
|
|
|
Com. Reg. No.: |
105-87-44250 (From 105-11-32083) |
|
|
|
|
Legal Form : |
Co., Ltd by Shares |
|
|
|
|
Line of Business : |
Wholesale of Basic Metals |
|
|
|
|
No. of Employees : |
03 |
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 – 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 |
CORSNET CO.,
LTD. (Korean Company
Name : “(주)코스넷”) |
|
Registered Address |
136-1, Mapo-dong, Mapo-gu, |
|
Building |
Rm. 1411, Hanshin Bldg. |
|
Zip Code |
121-736 |
|
Tel |
+82-2-6379-3500 |
|
Fax |
+82-2-6379-3503 |
|
E-mail |
|
|
Website |
|
|
Trading Address |
Rm. 1411, Hanshin Bldg., 136-1, Mapo-dong,
Mapo-gu, |
|
Tel |
+82-2-6379-3500 |
|
Fax |
+82-2-6379-3503 |
|
Type |
Export |
|
Industry |
Wholesale of Basic Metals |
|
Main Business |
Steel, Nonferrous, Stainless Steel Tube |
|
Established (mm/dd/yyyy) |
05/03/2010 |
The Subject Company
occupies the premises of registered HQ address by leasing base.
|
Activity |
Detailed Products (UNSPSC) |
|
Sell |
Tube and tubing(31231300) |
|
Sell |
Steel tubing(31231310) |
|
Sell |
Stainless steel pipe(40142117) |
|
Name |
Lee Soo-Young |
|
Address |
|
|
Date of Birth |
03/19/1967 |
|
Title |
Representative Director |
|
Sex |
Female |
|
Nationality |
Korean |
|
Capital (KRW) |
100,000,000 |
|
Employees |
3 |
|
Formation |
Co., Ltd by Shares |
|
Bank Details |
Korea Exchange Bank-Maponam Branch 140, Mapo-dong, Mapo-gu, Tel:+82-2-717- 1771 Hana Bank |
|
Corporate Registered No. |
110111-4342129 |
|
Business Registered No. |
105-87-44250 (From 105-11-32083) |
|
Permit & Licenses |
N/A |
|
Shareholder Position |
The owner has 100% shares. |
|
Company History |
10/01/2005
Established as CORSNET CO.(Sole
Proprietorship) 05/03/2010 Incorporated as the present name |
|
|
|
|
Job
Description |
Title |
Name |
Sex |
Nationality |
Inauguration
Date |
|
Representative Director |
M/S. |
Lee Soo-Young |
Female |
Korean |
05/03/2010 |
|
Authorized Capital(KRW) |
400,000,000 |
|
Paid-Up Capital(KRW) |
100,000,000 |
|
Total Issues Shares |
20,000 |
|
Main Products & Services |
Stainless Steel Welded Pipes, Coils and
Sheets & Carbon Steel Stainless Steel Boiler and Heat Exchanger
Tubes Stainless Steel Sanitary Tubing Light Gauge Stainless Steel Pipes for
Ordinary Piping Stainless Steel Tubes for Machine and
Structural Purposes |
|
Competitors |
SEAH STEEL CORPORATION URI BLDG., 10, BONGNAEDONG 1-GA, JUNG-GU, TEL:+82-2-3783-8114 FAX:+82-2-3783-8188 GANA STAINLESS STEEL CO., LTD. 1042, CHANGGOK-RI, PALTAN-MYEON,
HWASEONG-SI, TEL:+82-31-352-4292 FAX:+82-31-354-1305~6 JINBANG STEEL KOREA CO., LTD. 605, TEL:+82-54-289-5700 FAX:+82-54-278-0421 |
(Activity & Markets)
The Subject exports
to
Not Available.
---
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.54.68 |
|
|
1 |
Rs.86.52 |
|
Euro |
1 |
Rs.69.86 |
INFORMATION DETAILS
|
Report Prepared
by : |
MNL |
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.