MIRA INFORM REPORT

 

 

Report Date :

18.10.2012

 

IDENTIFICATION DETAILS

 

Name :

SKY SOFTGEL CO., LTD.

 

 

Registered Office :

446-5, Nonhyeon-dong, Namdong-gu, Incheon, Korea, 25B-5L, Namdong Industrial Complex, Zip Code 405-849

 

 

Country :

South Korea

 

 

Date of Incorporation :

11.07.2003

 

 

Com. Reg. No.:

131-81-80364

 

 

Legal Form :

Co., Ltd by shares

 

 

Line of Business :

Wholesale of Other Industrial Machinery and Equipment

 

 

No. of Employees :

27

 

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 :

Moderate

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 – June 30th, 2012

 

Country Name

Previous Rating

(31.03.2012)

Current Rating

(30.06.2012)

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

SKY SOFTGEL CO., LTD.

(Korean Company Name : “()스카이소프트젤”)

Registered Address

446-5, Nonhyeon-dong, Namdong-gu, Incheon, Korea

Building

25B-5L, Namdong Industrial Complex

Zip Code

405-849

Tel

+82-32-811-5441

Fax

+82-32-811-5442

E-mail

info@skysoftgel.com;manage@skysoftgel.com

Website

www.skysoftgel.com

Trading Address

25B-5L, Namdong Industrial Complex, 446-5, Nonhyeon-dong, Namdong-gu, Incheon, Korea

Tel

+82-32-811-5441

Fax

+82-32-811-5442

Type

Export/Import

Industry

Wholesale of Other Industrial Machinery and Equipment

  Main Business

Capsule Forming Machines

Established (mm/dd/yyyy)

07/11/2003

 

 

Detailed Products

 

Activity

Detailed Products (UNSPSC)

Sell

Packaging machinery(23152900)

Sell

Cartoning machinery(24102107)

Sell

Form or fill or seal machinery(23152902)

Sell

Coating machines(23151502)

 

 

CEO’s

 

Name

Shim Dong-Bin

Address

Suite 209-902, 924, Dongchun-dong, Yeonsu-gu, Incheon, Korea

Date of Birth

01/28/1965

Title

Representative Director

Sex

Female

Nationality

Korean

 

 

Profiles

 

Capital (KRW)

50,000,000

Employees

27

Formation

Co., Ltd by shares

Bank Details

Industrial Bank of Korea-Namdong Industrial complex 2 Danji Branch

Corporate Registered No.

120111-0322793

Business Registered No.

131-81-80364

Permit & Licenses

03/2006 CE Mark

04/2006 ISO 9001

12/2007 ISO 14001

 

Int’l Trade No.: 45257492

Shareholder Position

N/A

Company History

07/11/2003 Incorporated as the present name

02/14/2006 Moved to the present HQ address from 670-5, Gojan-dong, Namdong-gu, Incheon, Korea

12/2006 Awarded US$5 Million Export Top Prize

 

 

 

 

Management

 

Job Description

Title

Name

Sex

Nationality

Inauguration Date

Representative Director

Mr.

Shim Dong-Bin

Male

Korean

02/12/2009

Auditor

M/S.

Kim Hwa-Sook

Female

Korean

02/12/2009

 

 

Financials

 

Year / Unit : KRW

Sales

Assets

Net Income

2009

3,477,300,000

 

100,000,000

2008

6,816,700,000

5,480,000,000

696,560,000

2007

4,631,910,000

5,214,000,000

224,490,000

2006

3,312,000,000

4,637,000,000

295,660,000

2005

5,381,160,000

3,930,000,000

432,020,000

2004

2,100,000,000

 

 

 

The full & latest 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)

200,000,000

Paid-Up Capital(KRW)

50,000,000

Total Issues Shares

10,000

 

 


Products, Technologies, Services Description

 

Main Products & Services

Softgel Encapsulation Machine

Multi Counter

Blister Packaging Machine

 

 

Trade Partners & Competitors

 

Competitors

INNOTECH SYSTEMS LTD.

RM. 726, KOPOMO TECHNO CENTER 2-CHA, 1298-6, JEONGWANG 1-DONG, SIHEUNG-SI, GYEONGGI-DO, KOREA

TEL:+82-31-434-7007  FAX:+82-31-434-7447

 

HOONG A CORPORATION

83-4, DODANG-DONG, WONMI-GU, BUCHEON-SI, GYEONGGI-DO, KOREA

TEL:+82-32-682-4355 FAX:+82-32-675-1525

 

HL PHARM TECH CO., LTD.

3BA-815, SIHWA INDUSTRIAL COMPLEX, 2180-8, JEONGWANG 1-DONG, SIHEUNG-SI, GYEONGGI-DO, KOREA

TEL:+82-31-434-0126~7  FAX:+82-31-433-3157

 

SHINWHA PHARMA TECH

3RA-202, SIHWA INDUSTRIAL COMPLEX, 1273-1, JEONGWANG 1-DONG, SIHEUNG-SI, GYEONGGI-DO, KOREA

TEL:+82-31-434-3240  FAX:+82-31-434-3239

 

 

Sales by Region

(Activity & Markets)

 

The Subject exports to Europe, Middle East, Asia, Oceania, North America, and South America.

 

 

Court Action

 

Not Available.

 

 

News Clipping

--

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.52.75

UK Pound

1

Rs.85.08

Euro

1

Rs.69.04

 

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%)

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.