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3decades

 

MIRA INFORM REPORT

 

 

Report No. :

517050

Report Date :

26.06.2018

 

IDENTIFICATION DETAILS

 

Name :

BAWOO CO.

 

 

Registered Office :

5, Yeonmujang 17-gil, Seongdong-gu, Seoul, Korea, 04787

 

 

Country :

South Korea

 

 

Date of Incorporation :

12.10.2015

 

 

Com. Reg. No.:

206-31-28935

 

 

Legal Form :

Sole Proprietorship

 

 

Line of Business :

Retails of Bags and Other Leather Products [Handbags, Bags, Leather Products]

 

 

No. of Employees :

Not available, but we guess it is less than 5.

 

 

RATING & COMMENTS

(Mira Inform has adopted New Rating mechanism w.e.f. 23rd January 2017)

 

MIRA’s Rating :

B

 

Credit Rating

Explanation

Rating Comments

B

Medium Risk

Business dealings permissible on a regular monitoring basis

 

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.

 

Basic Information

 

Company Name

BAWOO CO.

Registered Address

5, Yeonmujang 17-gil, Seongdong-gu, Seoul, Korea

Building

 

Zip Code

04787

Tel

+82-2-461-5613

Fax

+82-2-461-5894

E-mail

 

Website

 

Trading Address

5, Yeonmujang 17-gil, Seongdong-gu, Seoul, Korea

(Old Address System : 272-35, Seongsu-dong 2-ga, Seongdong-gu, Seoul, Korea)

Tel

+82-2-461-5613

Fax

+82-2-461-5894

Type

Export/Import

Industry

Retails of Bags and Other Leather Products

  Main Business

Handbags, Bags, Leather Products

  Sub Business

 

Established (mm/dd/yyyy)

10/12/2015

 

 

Detailed Products

 

Activity

Detailed Products (UNSPSC)

Sell

Leathers(11162300)

Sell

Purses and handbags and bags(53121600)

 

 

CEO’s

 

Name

So Byung-Don

Date of Birth

 

Title

Owner

Nationality

Korean

 

 

Profiles

 

Capital (KRW)

Not Applicable to the Sole Proprietorship

Employees

N/A., but we guess it is less than 5.

Formation

Sole Proprietorship

Bank Details

N/A

Corporate Registered No.

Not Applicable to the Sole Proprietorship

Business Registered No.

206-31-28935

Permit & Licenses

N/A

Shareholder Position

The owner(s) has 100% shares.

Company History

10/12/2015 Established as the present name

 

 

Detailed Information

 

Management

 

Job Description

Name

Nationality

Date of Birth

Inauguration Date

Owner

So Byung-Don

Korean

-

-

 

 

Financials

 

The 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)

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

 

 

Products, Technologies, Services Description

 

Main Products & Services

Handbags, Bags, Leather Products

 

 

Trade Partners & Competitors

 

Competitors

BL LEATHERBANK CO., LTD.

189, YEONSEO-RO, EUNPYEONG-GU, SEOUL, KOREA

TEL:+82-2-389-0274  FAX:+82-2-389-0278

 

SSAMZIE CO., LTD.

177-14, BANGI 2-DONG, SONGPA-GU, SEOUL, KOREA

TEL:+82-2-422-8111  FAX:+82-2-422-8351

 

E&F CO., LTD.

616-5, SARIHYEON-DONG, ILSANDONG-GU, GOYANG-SI, GYEONGGI-DO, KOREA

TEL:+82-31-962-4700  FAX:+82-31-963-4318

 

 

Sales by Region (Activity & Markets)

 

Not Available.

 

 

Court Action

 

Not Available.

 

 

News Clipping    

 

--

 

 

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

INR 68.15

UK Pound

1

INR 90.27

Euro

1

INR 79.35

KRW

1

INR 0.061 

 

Note : Above are approximate rates obtained from sources believed to be correct

 

 

INFORMATION DETAILS

 

Analysis Done by :

PRA

 

 

Report Prepared by :

SYL

                                                


 

RATING EXPLANATIONS

 

Credit Rating

Explanation

Rating Comments

A++

Minimum Risk

Business dealings permissible with minimum risk of default

A+

Low Risk

Business dealings permissible with low risk of default

A

Acceptable Risk

Business dealings permissible with moderate risk of default

B

Medium Risk

Business dealings permissible on a regular monitoring basis

C

Medium High Risk

Business dealings permissible preferably on secured basis

D

High Risk

Business dealing not recommended or on secured terms only

NB

New Business

No recommendation can be done due to business in infancy stage

NT

No Trace

No recommendation can be done as the business is not traceable

 

NB is stated where there is insufficient information to facilitate rating. However, it is not to be considered as unfavourable.

 

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 are as follows:

 

·         Financial condition covering various ratios

·         Company background and operations size

·         Promoters / Management background

·         Payment record

·         Litigation against the subject

·         Industry scenario / competitor analysis

·         Supplier / Customer / Banker review (wherever available)

 

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.