MIRA INFORM REPORT

 

 

Report Date :

20.02.2008

 

IDENTIFICATION DETAILS

 

Name :

OOO BAKHAR

 

 

Registered Office :

Krivokolenniy per., 12, bldg. 1, Moscow, 101848, Russian Federation

 

 

Country :

Russia

 

 

Financials (as on) :

1.1.2004

 

 

Date of Incorporation :

08.04.2003

 

 

Com. Reg. No.:

1037701024129

 

 

Legal Form :

Limited Liability Company by Russian Law

 

 

Line of Business :

Wholesale trade in tea and coffee.

 

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

 

 

Litigation :

Clear

 

 

 

Comments

 

 

Information

The address and the telephone number mentioned in your inquiry belong to the company Obschestvo s ogranichennoy otvetstvennostyu "BAKHAR" (name in English: BAHAR LIMITED LIABILITY COMPANY). We provide the report on this company.

 

 

 

Summary

 

 

Original Name

Obschestvo s ogranichennoy otvetstvennostyu "BAKHAR"

Legal Form

OOO (Limited Liability Company by Russian Law)

Year of Foundation

2003

Sales

92 th RUR for 12 months, ended 01.01.2004

Employees

(company's data)

 

 

 

Creditline Recommendations

 

 

Risk Category

ABOVE AVERAGE RISK

 

 

 

Company Identification Details

 

 

Original Name

Obschestvo s ogranichennoy otvetstvennostyu "BAKHAR"

Short Name

OOO "BAKHAR"

Name in English

BAHAR LIMITED LIABILITY COMPANY

Address

Bol'shaya Kasinskaya str., 27, office 2017, Moscow, 111622, Russian Federation

Legal Address

Krivokolenniy per., 12, bldg. 1, Moscow, 101848, Russian Federation

Phone

+7 (495) 7007054

Fax

+7 (495) 7007054

E-mail

none

WEB Address

none

 

 

 

Official Company Data

 

 

Legal Form

OOO (Limited Liability Company by Russian Law)

Date of Registration

08.04.2003

Registration Number

1037701024129

Statistic Code (OKPO)

14218330

Taxpayer Code (INN)

7701330169

Registration Authority

Ministry for Taxes and Duties of Russian Federation
Inspection N 1 within Moscow

 

 

 

 

Public Record Information

 

 

Information

The company Obschestvo s ogranichennoy otvetstvennostyu "BAKHAR" was not included in the published list of bankrupt companies.

 

 

 

Share Capital

 

 

Current Share Capital

10 000 RUR

 

 

 

Shareholders

 

 

Total

1 private person

 

 

Shareholder

Mr Ugur Mekhmet

Nationality

Turkey

Share

100 %

 

 

 

Directors

Director

Mr Ugur Mekhmet
Signature Right

Nationality

Turkey

 

 

 

 

 

 

 

Operations

 

 

 

 

Activities

Wholesale trade in tea and coffee.

 

 

Staff Employed

(company's data)

 

 

 

Real Estate

 

 

Own

None

 

 

Rent

Office
Address: Bol'shaya Kasinskaya str., 27, office 2017, Moscow, 111622, Russian Federation
(company's data)

Warehouse
Address: Bol'shaya Kasinskaya str., 27, Moscow, 111622, Russian Federation
(company's data)

 

 

Export & Import

 

 

Export Countries

2004-2006: No Export Activity

Exported Goods

none

Export Value

none

 

 

Import Countries

2004-2006: No Import Activity

Imported Goods

none

Import Value

none

 

 

 

Branches

 

 

Branch

None

 

 

 

Participation

 

 

Information

None

 

 

 

Related Companies

 

 

Information

None

 

 

 

Bankers

 

 

Bank

AKB "YAPY KREDI BANK MOSKVA" (ZAO), bank code: 044525448 (Russian Federation)

Account(s)

40702810100001000859 (RUR)

 

 

 

Financial Data

 

Profit and Loss (extract)

The following figures are shown in units of 1000

 

 

 

Period, months

12

 

 

 

Ended

01.01.2004

 

 

 

Currency

RUR

 

 

 

SALES

92

 

 

 

Cost of Goods sold

84

 

 

 

GROSS PROFIT

8

 

 

 

Distribution Costs

74

 

 

 

Management Costs

 

 

 

 

OPERATING PROFIT

-66

 

 

 

Non Trading Income

-39

 

 

 

PRE TAX PROFIT

-105

 

 

 

Taxation

 

 

 

 

PROFIT AFTER TAX

-105

 

 

 

 

 

Balance Sheet (extract)

 

 

The following figures are shown in units of 1000

 

As at

01.01.2004

 

 

 

Currency

RUR

 

 

 

TOTAL FIXED ASSETS

190

 

 

 

 Intangible Assets

 

 

 

 

 Fixed Assets

190

 

 

 

TOTAL CURRENT ASSETS

64

 

 

 

 Stock

9

 

 

 

 Trade debtors

28

 

 

 

 Cash

 

 

 

 

TOTAL ASSETS

254

 

 

 

 

 

 

 

 

TOTAL EQUITY

95

 

 

 

 Share Capital

10

 

 

 

 Retained Profits

105

 

 

 

TOTAL LONG TERM LIABS

 

 

 

 

 Long Term Loans

 

 

 

 

TOTAL CURRENT LIABILITIES

159

 

 

 

 Short Term Loans

32

 

 

 

 Short Term Trade Creditors

127

 

 

 

TOTAL EQUITY & LIABILITIES

254

 

 

 

 

 

Key Credit Ratios

 

The following figures are shown as Ratios or Percentages

 

 

 

 

Accounts Date

01.01.2004

 

 

 

Current Ratio

0,4

 

 

 

Working Capital, x1000 RUR

-95

 

 

 

Quick Ratio

0,35

 

 

 

Debt to Equity Ratio

1,67

 

 

 

Current Assets Turnover

1,44

 

 

 

Total Assets Turnover Ratio

0,36

 

 

 

Pre Tax Profit Margin, %

-114,13

 

 

 

Gross Profit, %

8,7

 

 

 

Return on Investment, %

-110,53

 

 

 

Return on Assets, %

-41,34

 

 

 

 

 

 

Clients & Suppliers

 

 

Clients

OOO "KAZANSKIY OPTOVO-PRODOVOL'STVENNYY RYNOK" (Russian Federation)

OOO "KEN-TREYD" (Russian Federation)

OOO "MEGA-INTEL" (Russian Federation)

OOO "ROSTTEKHNOSTROY" (Russian Federation)

OOO "REGIONRESURS" (Russian Federation)

OOO "ORENCHAY" (Russian Federation)

OOO "PROMKOMPLEKS" (Russian Federation)

OOO "TORGOVYY DOM "ERA" (Russian Federation)

OOO "CHAYNYY DOM" (Russian Federation)

 

 

Suppliers

OOO "FEVA TREYD" (Russian Federation)

OOO "ANAMOL INTERTREYD" (Russian Federation)

OOO "PK ATLANT I K" (Russian Federation)

ZAO "GOTEK-PRINT" (Russian Federation)

OOO "MERIDIAN" (Russian Federation)

OOO "PKF "IREY" (Russian Federation)

OOO "KOSINSKAYA MANUFAKTURA" (Russian Federation)

OOO "LIMATON UPAKOVKA" (Russian Federation)

 

 

 

Financial Data

 

 


We couldn’t get the financial data on the company of 2004-2006 years, because there weren’t company’s financial data of 2004-2006 years in the Federal Statistics Service of Russian Federation.

Unofficial data:

Sales: 3 629 781 RUR for 3 months, ended 01.04.2005
         3 741 749 RUR for 12 months, ended 01.01.2005

 

 

 

 

 

 

 

Original Financial Data (Russian Accounting Report in English)

 

 

Balance Sheet

 

The following figures are shown in units of 1000

 

ASSETS

Line code

as at

as at
01.01.2004

 

 

 

 

I. NON-CURRENT ASSETS

 

 

 

Intangible assets

110

-

-

Fixed assets

120

-

190

Construction in progress

130

-

-

Income-bearing investments in tangible
assets


135


-


-

Long-term financial investments

140

-

-

Deferred tax assets

145

-

-

Other non-current assets

150

-

-

Total section I

190

-

190

II. CURRENT ASSETS

 

 

 

Inventories

210

-

9

including :

 

 

 

 raw materials and other inventories

211

-

1

 livestock

212

-

-

 work in progress

213

-

-

 finished goods and goods for resale

214

-

8

 goods dispatched

215

-

-

 expenses related to future periods

216

-

-

 other supplies and expenditures

217

-

-

Value added tax on purchased goods

220

-

27

Accounts receivable (payments expected
beyond 12 months after the reporting date)


230


-


-

including :

 

 

 

 buyers and customers

231

-

-

Accounts receivable (payments expected
within 12 months after the reporting date)


240


-


28

including :

 

 

 

 buyers and customers

241

-

-

Short-term investments

250

-

-

Monetary assets

260

-

-

Other current assets

270

-

-

Total section II

290

-

64

TOTAL SECTIONS I and II

300

-

254


 


 


 


 

EQUITY AND LIABILITIES

Line code

 

 

 

 

 

 

III. EQUITY AND RESERVES

 

 

 

Share capital

410

-

10

Treasury shares

411

-

20

Additional capital

420

-

-

Legal reserve

430

-

-

including :

 

 

 

 reserves and provisions formed in
 accordance with legislation


431


-


-

 reserves formed in accordance
 with foundation documents


432


-


-

Retained earnings (loss)

470

-

105

Total section III

490

-

95

IV. NON-CURRENT LIABILITIES

 

 

 

Borrowings

510

-

-

Deferred tax liabilities

515

-

-

Other non-current liabilities

520

-

-

Total section IV

590

-

-

V. CURRENT LIABILITIES

 

 

 

Borrowings

610

-

32

Accounts payable

620

-

127

including :

 

 

 

 suppliers and contractors

621

-

107

 salaries payable

622

-

4

 payable to state non-budget funds

623

-

-

 taxes payable

624

-

2

 other creditors

625

-

14

Dividends payable to participants
(shareholders)


630


-


-

Income of future periods

640

-

-

Reserves for future expenses and payments

650

-

-

Other current liabilities

660

-

-

Total section V

690

-

159

TOTAL SECTIONS III,IV,V

700

-

254

 

 

PROFIT AND LOSS ACCOUNT

The following figures are shown in units of 1000

 

 

 

 


 PARAMETER

Line code

 
01.01.2004

 

 

 

 

 

INCOME FROM AND EXPENSES ON ORDINARY ACTIVITIES

 

 

 

Sale of goods, products, work, services
(less VAT, excise tax and other similar
mandatory payments)



010



92



-

Cost of goods, products, work, services sold

020

84

-

Gross profit

029

8

-

Selling expenses

030

74

-

Administrative expenses

040

-

-

Profit (loss) from operations

050

-66

-

OTHER INCOME AND EXPENSES

 

 

 

Interest income

060

-

-

Interest expenses

070

-

-

Income from investments in other
companies


080


-


-

Other operating income

090

-

-

Other operating expenses

100

39

-

Non-operating income

120

-

-

Non-operating expenses

130

-

-

Profit (loss) before profit tax

140

-105

-

Deferred tax assets

141

-

-

Deferred tax liabilities

142

-

-

Current profit tax

150

-

-

Net profit (loss) for the reporting period

190

-105

-

 

 

Rates of Exchange

 

 

RUR - Russian Rouble

01.01.2007:    1 EUR = 34.69 RUR,   1 USD = 26.33 RUR

EUR - EURO

01.01.2006:    1 EUR = 34.19 RUR,   1 USD = 28.78 RUR

USD - US Dollar

01.01.2005:    1 EUR = 37.84 RUR,   1 USD = 27.74 RUR

 

 

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

Unfavourable & favourable factors carry similar weight in credit consideration. 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

NR

In view of the lack of information, we have no basis upon which to recommend credit dealings

No Rating

 

 

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