BAKE PLUS CO.,LTD. KR 688816479 Rapport Business

Home , South Korean won

http://www.info-clipper.com/

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D&B REPORT

Printed on OCT 5 2016

------BUSINESS SUMMARY ------

BAKE PLUS CO.,LTD.

D-U-N-S 68-881-6479

Address 5/F YUNSU BLDG., DUKPUNG-DONG 109 DEOKPUNGBUK-RO HANAM, KYONGGI 12929 REPUBLIC OF KOREA Tel 82 - 317930330 Started 1999 Fax 82 - 317943958 Registered 1999 WWW Address WWW.BAKEPLUS.COM E-Mail Address [email protected] Chief Executive KIM, UNG IL Employs 19 PRESIDENT History CLEAR Reg Charge NO

Line of Business WHOL OF RAW MATERIALS FOR CONFECTIONERY AND MAKING BREAD SIC 5149-9911 5145-0000 D&B Rating CC3 Paid Up Capital KRW 50,000,000 Prev Rating CC3

CURRENCY: All monetary amounts shown in KOREAN WON unless otherwise stated.

EXECUTIVE SUMMARY ------

* Subject is an established business with 17 year(s) of operating history.

* Subject company rents captioned premises.

* Operation are profitable operations based on its 2014 financial statement.

Financial Highlight ------(Figures in millions South Korean WON (KRW))

YEAR : 2012 2013 2014 Sales 18,709 21,817 26,405 Profit After Tax1,339 845 1,784 Tang. Net Worth 5,284 6,129 7,912

------FINANCE ------

Financial Summary ------(Figures in millions South Korean WON (KRW))

YEAR : 2012 2013 2014 Current: Assets 8,972 9,300 10,240 Liabilities 4,033 3,541 2,790 ------Working Capital 4,939 5,759 7,450 Other: Tangible Assets 345 370 462 Non-Current Liab. 0 0 0 ------Tangible Net Worth 5,284 6,129 7,912 ======

Annual Sales 18,709 21,817 26,405 Profit After Tax 1,339 845 1,784

Profit Before Tax 1,741 1,089 2,298 Cash & Bank 216 0 177 A/Cs Receivable 4,049 5,512 Inventory 4,279 4,330 Fixed Asset 29 0 12 Trade Creditors 1,866 1,994

Profit & Loss A/C ------

(Figures in millions South Korean WON (KRW)) PERIOD 1/1/2012 1/1/2013 1/1/2014 to to to 31/12/2012 31/12/2013 31/12/2014

Sales 18,709 21,817 26,405 Cost of Good Sold 13,919 17,670 20,918 Gross Profit 4,790 4,147 5,487 Operating Expenses 2,742 3,060 5,487 Operating Profit 2,048 1,087 3,400 Profit before Tax 1,741 1,089 2,298 Taxation 402 244 514 Profit After Tax 1,339 845 1,784

Financial Ratios ------

YEAR 2012 2013 2014

Current Ratio 2.22 2.62 3.67 Quick Ratio 1.05 -- 2.03 Total Debt to Equity Ratio 0.76 0.57 0.35 Debt Ratio 0.43 0.36 0.26 Asset to Sales Ratio 0.49 0.44 0.40 Inventory Turnover 83.48 -- 59.85 Net Profit Margin(%) 7.15 3.87 6.75 Return on Assets(%) 14.37 8.73 16.67 Return on Equity(%) 25.34 13.78 22.54

------CURRENT INVESTIGATION ------

On 19/5/2015, Kim, Sang Wook, Officer, declined all information. All information was declined as source of inquiry could not be revealed.

The financial statement(s) of subject was obtained from public sources. The statement was unaudited.

Fiscal year end date of subject is 31 Dec.

All information of the subject in this report was obtained from our data holdings and a third party source.

------BANK ------

Banking relations are maintained principally with :-

Branch ------Woori Bank (prev. Hanvit Bank) Daechi-dong

Banking Facilities Granted from the Bank(s):-

Amount ------Short-Term Loan KRW 105,000,000

Est. Credit Limit Low 9 Figures

Deposit Level Low 9 Figures (As of 31 12 2014)

------HISTORY ------

Legal Status Corporation - Co. Ltd. by Shares Year Started 1999 Business Reg No. 1208188819 Exp & Imp Reg. No. 11638728 Date of Registration 26 Apr 1999

Authorized Capital KRW 200,000,000 Divided into:-

Type of Shares No. of Shares Par Value ------Ordinary Shares 5,000 10,000.000

Fully Paid Up Capital KRW 50,000,000 (as of 20 May 2016)

Initial Capital KRW 50,000,000

------Shareholders' List ------

Name of Shareholder Shares Held ------Kim, Ung Il 70% Lee, Byung Heon 30% ------Total 100% ======

Other key events ------Date of event: 26 Apr 1999 Details Founded.

Date of event: 26 Jul 2006 Details Moved its head office from 977-12, Daechi-dong, Gangnam-gu, Seoul to 259-1, Gyosan-dong, Hanam-si, Gyeonggi-do.

Date of event: 29 Nov 2010 Details Moved head office to 5F, Yeonsoo Bldg., 706-1, Deokpung-dong, Hanam-si, Gyeonggi-do from from 259-1, Gyosan-dong, Hanam-si, Gyeonggi-do.

Date of event: 1 Jan 2014 Details Due to the implementation of new address system based on road name address, its head office address was changed from 5F., Yeonsoo Bldg., 706-1, Deokpung-dong, Hanam-si, Gyeonggi-do to 5F., Yeonsoo Bldg., 109, Deokpungbuk-ro, Hanam-si, Gyeonggi-do. It is only change in expression by new address system but not change in physical location.

------Principals ------

Name/Address ID/PP NO. Nationality ------

KIM, Ung Il -- Korean Rm 401 4/F Woonam First Villagent 103 110 Deokpungbuk-ro Hanam, Kyonggi South Korea

KIM, Yun Hwan -- Australian

Principals' Background ------

Name : KIM, Ung Il Gender : Male Title : President Birth Date : 29/10/1957 Nationality : Korean Education - Level : university - School/University : Korea University - Major : Business Administration - Graduate Year : 1999 Started with Subject : 1999 (Founder of Subject) Activity Status : Active in subject's day-to-day operation. Area of Responsibility: overall management

Employment History :

Period Company Employed Last Position Held ------1988-1992 Kobe Bakery (in Australia) - - 1992-1999 UNILEVER KOREA Ltd. - - 1999 Bake Plus Co., Ltd. President

Name : KIM, Yun Hwan Gender : Male Title : Auditor Birth Date : 21/5/1960 Nationality : Australian

Employment History :

Period Company Employed Last Position Held ------2007 Bake Plus Co., Ltd. Auditor

------OPERATION ------Subject is engaged in:-

Wholesaling of Raw Materials for Confectionery and Making Bread

Operations are non-seasonal.

Sales Territory & Terms ------International USA

Selling Terms ------Cash Contract basis 30 days

Purchase Territory & Terms - Merchandise ------International: France Germany

Purchasing Terms ------Cash T/T (Telegraph Transfer) 60 days

Employees ------Total: 19

Location ------Premises are located in a commercial area. Subject rents premises.

Previous Address : 259-1, Gyosan-dong, Hanam-si, Gyeonggi-do Date of relocation: 29/11/2010

BRANCH ------Location 548, Seohanam-ro Hanam, Kyonggi, South Korea Nature of Business Factory

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