MIRA INFORM REPORT

 

 

Report Date :

08.12.2011

 

IDENTIFICATION DETAILS

 

Name :

EPL JEWELER - LIMITED LIABILITY COMPANY

 

 

Registered Office :

Oyunskogo str., 4, Yakutsk, Sakha /Yakutiuya/ Republic, 677000, Russian Federation

 

 

Country :

Russia

 

 

Date of Incorporation :

30.11.2004

 

 

Com. Reg. No.:

1041402135246

 

 

Legal Form :

OOO (Limited Liability Company by Russian Law)

 

 

Line of Business :

Manufacture and sales of jewels.

 

 

No. of Employees :

100 Approximately

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Maximum Credit Limit :

10 000 USD

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 – September 30, 2011

 

Country Name

Previous Rating

(30.06.2011)

Current Rating

(30.09.2011)

Russia

A2

A2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

Comments

 

 

Information

The address mentioned in your inquiry belongs to the company Obschestvo s ogranichennoy otvetstvennostyu "EPL YUVELIR" (name in English: "EPL JEWELER" LIMITED LIABILITY COMPANY). We provide the report on this company.

We couldn’t get the financial data on the company of 2004-2010 years, because there weren’t company’s financial data of 2004-2010 years in the Federal Statistics Service of Russian Federation. During the investigation we’ve talked to the director of the company Mr Basov Nikolay Eduardovich. We've sent the inquiry to the company with request to provide us new financial data. The shareholder of the company has promised us to provide them but at the moment we haven’t received a reply yet. If we receive additional information we’ll send you the renewed credit report.

 

 

 

Summary

 

 

Original Name

Obschestvo s ogranichennoy otvetstvennostyu "EPL YUVELIR"

Legal Form

OOO (Limited Liability Company by Russian Law)

Year of Foundation

2004

Sales

not available

Employees

100 (approx.) on December, 06, 2011 (company's data)

 

 

 

Creditline Recommendations

 

 

Risk Category

ABOVE AVERAGE RISK

Credit Limit

10 000 USD

 

 

 

Company Identification Details

 

 

Original Name

Obschestvo s ogranichennoy otvetstvennostyu "EPL YUVELIR"

Short Name

OOO "EPL YUVELIR"

Name in English

"EPL JEWELER" LIMITED LIABILITY COMPANY

Address

Oyunskogo str., 4, Yakutsk, Sakha /Yakutiuya/ Republic, 677000, Russian Federation

Legal Address

Oyunskogo str., 4, Yakutsk, Sakha /Yakutiuya/ Republic, 677000, Russian Federation

Phone

+7 (4112) 351092

Fax

+7 (4112) 351092

E-mail

info@epldiamond.ru

WEB Address

www.epldiamond.ru

 

 

History

22.04.2006: Legal Address changed from Bogdana Chizhika str., 31, bldg. 4, Sakha /Yakutiuya/ Republic, 677009, Russian Federation

22.04.2006: change of name from OOO "ALMAAS TAAS"

 

 

 

Official Company Data

 

 

Legal Form

OOO (Limited Liability Company by Russian Law)

Date of Registration

30.11.2004

Registration Number

1041402135246

Statistic Code (OKPO)

72343154

Taxpayer Code (INN)

1435154336

Registration Authority

Ministry for Taxes and Duties of Russian Federation

 

 

 

Public Record Information

 

 

Information

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

 

 

 

Share Capital

 

 

Current Share Capital

10 000 RUR

 

 

 

Shareholders

 

 

Total

1 legal and 3 private persons

 

 

Shareholder

OOO "EPL MAYYA"

Address

Ozernaya str., 14, bldg. A, Mayya Village, Megino-Kangalasskiy Ulus, Sakha /Yakutiuya/ Republic, 678070, Russian Federation

Registration Number

1031400727401

Taxpayer Code (INN)

1415009098

Share

63,25 %

 

 

Shareholder

Mr Makarov Viktor Nikolaevich

Nationality

Russian Federation

Taxpayer Code (INN)

143507941062

Share

12,25 %

 

 

Shareholder

Mr Maksimov Aleksandr Vasil'evich

Nationality

Russian Federation

Taxpayer Code (INN)

143505971086

Share

12,25 %

 

 

Shareholder

Ms Mizhenina Elena Nikolaevna

Nationality

Russian Federation

Address

Dzerzhinskogo str., 7, bldg. 1, ap. 40, Yakutsk, Sakha /Yakutiuya/ Republic, 677000, Russian Federation

Date of Birth

20.06.1964

Taxpayer Code (INN)

143500447841

Share

12,25 %

 

 

 

Directors

 

 

Director

Mr Basov Nikolay Eduardovich

 

Signature Right

Nationality

Russian Federation

Taxpayer Code (INN)

143507885509

 

 

 

Re-Registration Data

 

 

Date of Registration

30.11.2004

 

(Entering into the Single State Register of Legal Entities)

Registration Number

1041402135246

Registration Authority

Ministry for Taxes and Duties of Russian Federation

 

 

Date of Re-registration

13.04.2006

File Number

2061435042194

Registration Authority

Federal Tax Service of Russian Federation

Changes

Company's Rules

 

 

Date of Re-registration

22.04.2006

File Number

2061435048850

Registration Authority

Federal Tax Service of Russian Federation

Changes

Legal Address, Name

 

 

 

Operations

 

 

Activities

Manufacture and sales of jewels.

 

 

Staff Employed

100 (approx.) on December, 06, 2011 (company's data)

 

 

 

 

Real Estate

 

 

Own

none

 

 

Rent

Office, warehouse, industrial area
Address: Oyunskogo str., 4, Yakutsk, Sakha /Yakutiuya/ Republic, 677000, Russian Federation
(company's data)

 

 

 

Export & Import

 

 

Export Countries

2007-2010, for 4 months 2011: No Export Activity

Exported Goods

none

Export Value

none

 

 

Import Countries

2007-2010, for 4 months 2011: No Import Activity

Imported Goods

none

Import Value

none

 

 

 

Branches

 

 

Branch

None

 

 

 

Participation

 

 

Information

None

 

 

 

Related Companies

 

 

Information

The company OOO "EPL MAYYA" is also the shareholder of company:

OOO "SEVERALMAZ"
Registration number: 1031402043969

Mr Makarov Viktor Nikolaevich is also the shareholder of companies:

OOO "INNOVATSIONNAYA ENERGETIKA"
Registration number: 1111435002095

OOO "NORD DAYMOND"
Registration number: 1101435004461

OOO "SET' LOMBARDOV"
Registration number: 1061435055670

OOO "EPL SUNTAR"
Registration number: 1031401092029

OOO "EPL MAYYA"
Registration number: 1031400727401

OOO "EKOTREYD"
Registration number: 1021401049988

Mr Maksimov Aleksandr Vasil'evich is also the shareholder of companies:

OOO "STROY-KHOLDING"
Registration number: 1091435005881

OOO "YAKUTSKAYA ALMAZNAYA KOMPANIYA"
Registration number: 1071435009909

OOO "YURSERVIS"
Registration number: 1071435009667

OOO "EPL SUNTAR"
Registration number: 1031401092029

OOO "EPL MAYYA"
Registration number: 1031400727401

Ms Mizhenina Elena Nikolaevna is also the shareholder of companies:

OOO "TORGOVO-PROMYSHLENNAYA KOMPANIYA "VOSTOK"
Registration number: 1105027013255

OOO "AUDITORSKIY KONSUL'TATSIONNIY I OBUCHAYUSCHIY TSENTR "EKONOMICHESKIE ZNANIYA"
Registration number: 1021401065278

Mr Basov Nikolay Eduardovich isn't a shareholder or a director of any other companies of Russian Federation.

 

 

 

Actions at law

 

 


According to Arbitration court of Moscow judicial claims of the company are not registered.

 

 

 

Publications

 

 

Date

2011

Source

The Federal Tax Service of Russian Federation

Text of Publication

The Federal Tax Service of Russian Federation has published the information that the Mr Makarov Viktor Nikolaevich (as private person) doesn't have not paid taxes.

 

 

Date

2011

Source

The Federal Tax Service of Russian Federation

Text of Publication

The Federal Tax Service of Russian Federation has published the information on not paid taxes of Mr Maksimov Aleksandr Vasil'evich (as private person):

Date: 01.12.2011
Type of tax: The tax to property of physical persons.
The tax sum: 5 890.00 RUR

Date: 01.12.2011
Type of tax: The tax to property of physical persons.
The tax sum: 43.75 RUR

 

 

Date

2011

Source

The Federal Tax Service of Russian Federation

Text of Publication

The Federal Tax Service of Russian Federation has published the information on not paid taxes of Ms Mizhenina Elena Nikolaevna (as private person):

Date: 01.12.2011
Type of tax: The tax to property of physical persons.
The tax sum: 394.82 RUR

Date: 01.12.2011
Type of tax: The tax to property of physical persons.
The tax sum: 1 672.00 RUR

 

 

 

Financial Data

 

 


We couldn’t get the financial data on the company of 2004-2010 years, because there weren’t company’s financial data of 2004-2010 years in the Federal Statistics Service of Russian Federation.

 

 

 

Rates of Exchange

 

 

RUR - Russian Rouble

01.01.2011:   1 EUR = 40.49 RUR,   1 USD = 30.35 RUR

EUR - EURO

01.01.2010:   1 EUR = 43.46 RUR,   1 USD = 30.19 RUR

USD - US Dollar

01.01.2009:   1 EUR = 41.43 RUR,   1 USD = 29.39 RUR

 

DIAMOND INDUSTRY – INDIA

 

-          From time immemorial, India is well known in the world as the birthplace for diamonds.  It is difficult to trace the origin of diamonds but history says that in the remote past, diamonds were mined only in India. Diamond production in India can be traced back to almost 8th Century B.C.  India, in fact, remained undisputed leader till 18th Century when Brazilian fields were discovered in 1725 followed by emergence of S. Africa, Russia and Australia.

-          The achievement of the Indian diamond industry was possible only due to combination of the manufacturing skills of the Indian workforce and the untiring and unflagging efforts of the Indian diamantaires, supported by progressive Government policies.

-          The area of study of family owned diamond businesses derives its importance from the huge conglomerate of family run organizations which operate in the diamond industry since many generations.

-          Some of the basic traits of family run business enterprises include spirit of entrepreneurship, mutual trust lowers transaction costs, small, nimble and quick to react, information as a source of advantage and philanthropy.

-          Family owned diamond businesses need to improve on many fronts including higher standard of corporate governance, long-term performance – focused strategies, modern management and technology.

-          The diamond jewellery industry in India today may be more than Rs 60000 mil and is rated amongst the fastest growing  in the world. Indi ranks third in the world in domestic diamond consumption.

-          Utmost caution is to be exercised while dealing with some medium and large diamond traders which are usually engaged in fictitious import – export, inter-company transactions, financially assisted by banks. In the process, several public sector banks lost several hundred million rupees. They mostly diverted borrowed money for diamond business into real estate and capital markets.

-          Excerpts from Times of India dated 30th October 2010 is as under –

 

DIAMOND SAGA – DIRTY DOZEN STUCK WITH 2K CR DEBT

This could be the biggest credibility crisis the Indian diamond industry has ever faced. Fifteen banks run the risk of losing Rs 2000 crore lent to a dozen diamond firms in Surat. Until about two months ago, they had not repaid  these dues. Bankers believe many diamantaires borrowed money during the economic downturn two years ago and diverted funds to businesses like real estate and capital markets. Many of themselves made money from these businesses but their diamond companies have gone sick and declared insolvency.

-          Most of the money borrowed from the banks in the name of their diamond business has been diverted in real estate and the share market. The banks are not in a position to seize their properties because in many cases, these were purchased in the name of their relatives and friends.

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.51.45

UK Pound

1

Rs.80.38

Euro

1

Rs.69.12

 

 

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.