MIRA INFORM REPORT

 

 

Report Date :           

23.02.2012

 

IDENTIFICATION DETAILS

 

Correct Name :

OBSCHESTVO S OGRANICHENNOY OTVETSTVENNOSTYU RADARG

 

 

Registered Office :

Pyatnitskaya str., 3/4, bldg. 2, Moscow, 115035

 

 

Country :

Russia

 

 

Financials (as on) :

01.01.2007

 

 

Date of Incorporation :

21.10.2002

 

 

Com. Reg. No.:

1027739421907

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

Sales of spare parts and equipment for aircraft and military equipment

 

 

No. of Employees :

17

 

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 :

No Complaints

 

 

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 30th, 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

According to the data of the Single State Register of Legal Entities of Russian Federation the company JSC RAdarg isn't registered.

The address and the telephone numbers mentioned in your inquiry belong to the company Obschestvo s ogranichennoy otvetstvennostyu "RADARG" (name in English: "RADARG" LIMITED LIABILITY COMPANY).

We provide the report on this company.

 

 

 

Summary

 

 

Original Name

Obschestvo s ogranichennoy otvetstvennostyu "RADARG"

Legal Form

OOO (Limited Liability Company by Russian Law)

Year of Foundation

2000

Sales

35 337 th RUR for 12 months, ended 01.01.2007

Employees

17 on February, 17, 2012 (company's data)

 

 

 

Creditline Recommendations

 

 

Credit Limit

10 000 USD

 

 

 

Company Identification Details

 

 

Original Name

Obschestvo s ogranichennoy otvetstvennostyu "RADARG"

Short Name

OOO "RADARG"

Name in English

"RADARG" LIMITED LIABILITY COMPANY

Address

Stolyarniy per., 3, Moscow, 123022, Russian Federation

Legal Address

Pyatnitskaya str., 3/4, bldg. 2, Moscow, 115035, Russian Federation

Phone

+7 (499) 2533232, 2533247

Fax

+7 (499) 2533232, 2533563

E-mail

aviatcom@mtu-net.ru

WEB Address

none

 

 

History

30.03.2007: Legal Address changed from Pyatnitskaya str., 7, bldg. 1, Moscow, 113035, Russian Federation

 

Official Company Data

 

 

Legal Form

OOO (Limited Liability Company by Russian Law)

Date of Registration

21.10.2002

Registration Number

1027739421907

Statistic Code (OKPO)

52650003

Taxpayer Code (INN)

7705341757

Registration Authority

Ministry for Taxes and Duties of Russian Federation

 

 

 

Public Record Information

 

 

Information

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

 

 

 

Share Capital

 

 

Current Share Capital

100 000 RUR

 

 

 

Shareholders

 

 

Total

2 legal persons

 

 

Shareholder

OAO "MOSKOVSKIY MASHINOSTROITEL'NIY ZAVOD "RASSVET"

Address

Stolyarniy per., 3, Moscow, 123022, Russian Federation

Registration Number

1027739055090

Taxpayer Code (INN)

7703010005

Share

12 %

 

 

Shareholder

OOO "AVIAT"

Address

Stolyarniy per., 3, Moscow, 123022, Russian Federation

Registration Number

5067746135310

Taxpayer Code (INN)

7703604256

Share

88 %

 

Directors

 

 

Director

Mr Kulikov Vladimir Aleksandrovich

 

Signature Right

Nationality

Russian Federation

 

 

 

Re-Registration Data

 

 

Initial Registration

21.02.2000

Registration Number

965.788

Registration Authority

Moscow Register Chamber

 

 

Date of Registration

21.10.2002

 

(Entering into the Single State Register of Legal Entities)

Registration Number

1027739421907

Registration Authority

Ministry for Taxes and Duties of Russian Federation

 

 

Date of Re-registration

14.03.2005

File Number

2057705017775

Registration Authority

Federal Tax Service of Russian Federation

Changes

Company's Rules

 

 

Date of Re-registration

14.11.2005

File Number

2057749054779

Registration Authority

Federal Tax Service of Russian Federation

Changes

Company's Rules

 

 

Date of Re-registration

30.03.2007

File Number

8077746833145

Registration Authority

Federal Tax Service of Russian Federation

Changes

Legal Address

 

 

Date of Re-registration

19.06.2009

File Number

6097747192735

Registration Authority

Federal Tax Service of Russian Federation

Changes

Company's Rules

 

 

Date of Re-registration

29.06.2009

File Number

6097747593366

Registration Authority

Federal Tax Service of Russian Federation

Changes

Company's Rules

 

 

Date of Re-registration

19.07.2010

File Number

8107747999450

Registration Authority

Federal Tax Service of Russian Federation

Changes

Company's Rules

 

 

 

Operations

 

 

Activities

Sales of spare parts and equipment for aircraft and military equipment.

The company sells the production of the companies: OAO «MMZ «RASSVET» (Russian Federation), ZAO «SPETSTEKHSTEKLO» (Ukraine), AO «TYNYZ» (Kazakhstan).

 

 

Staff Employed

17 on February, 17, 2012 (company's data)

 

 

 

Real Estate

 

 

Own

None

 

 

Rent

Office
Address: Stolyarniy per., 3, Moscow, 123022, Russian Federation
(company's data)

Warehouse
Address: Moscow Region, Russian Federation
(company's data)

 

 

 

Export & Import

 

 

Export Countries

2009-2011: China, India, Lithuania

Exported Goods

electric equipment, hydroaccumulators, spare parts, tools

Export Value

in 2011: 1 473 283 USD
in 2010: 384 433 USD
in 2009: 326 332 USD
in 2008: 84 000 USD
in 2007: none

 

 

Import Countries

2011: China, India, Hong Kong, Bangladesh
2010: Italy

Imported Goods

spare parts, equipment

Import Value

in 2011: 141 628 USD
in 2010: 13 164 USD
in 2007-2009: none

 

 

 

Branches

 

 

Branch

None

 

 

 

Participation

 

 

Information

None

 

 

 

Related Companies

 

 

Information

The company OAO "MOSKOVSKIY MASHINOSTROITEL'NIY ZAVOD "RASSVET" is also the shareholder of companies:

ZAO S INOSTRANNYMI INVESTITSIYAMI "RENLUND RASSVET" "RENLUND RASSVET"
Registration number: 1037739474156

OOO "RASSVET AVIA"
Registration number: 1027739071535

OOO CHASTNOE OKHRANNOE PREDPRIYATIE "OSA"
Registration number: 1057747170040

The company OOO "AVIAT" isn't a shareholder of any other companies of Russian Federation.

 

 

 

Bankers

 

 

Bank

OAO AKB "MEZHDUNARODNYY FINANSOVYY KLUB", bank code: 044552632 (Russian Federation)

Account(s)

40702810300000000668 (RUR)

 

 

Bank

OAO AKB "MOSKOVSKIY BANK REKONSTRUKTSII I RAZVITIYA", bank code: 044525232 (Russian Federation)

Account(s)

40911810506520692291 (RUR)

 

 

Bank

OAO "VNESHTORGBANK", bank code: 044525187 (Russian Federation)

Account(s)

40702810300250000086 (RUR)

 

 

 

Financial Data

 

Profit and Loss (extract)

 

The following figures are shown in units of 1000

 

 

Period, months

12

12

12

 

Ended

01.01.2007

01.01.2006

01.01.2005

 

Currency

RUR

RUR

RUR

 

SALES

35337

11804

26746

 

Cost of Goods sold

32201

8666

19302

 

GROSS PROFIT

3136

3138

7444

 

Distribution Costs

1309

1157

2636

 

Management Costs

1937

1056

980

 

OPERATING PROFIT

-110

925

3828

 

Non Trading Income

-496

-137

-182

 

PRE TAX PROFIT

-606

903

3358

 

Taxation

 

 

 

 

PROFIT AFTER TAX

-606

903

3358

 

 

Balance Sheet (extract)

 

The following figures are shown in units of 1000

 

As at

01.01.2007

01.01.2006

01.01.2005

 

Currency

RUR

RUR

RUR

 

TOTAL FIXED ASSETS

3049

2510

523

 

 Intangible Assets

 

 

 

 

 Fixed Assets

583

527

523

 

TOTAL CURRENT ASSETS

22500

5063

11552

 

 Stock

1485

376

116

 

 Trade debtors

20070

1660

3425

 

 Cash

923

2657

1834

 

TOTAL ASSETS

25549

7573

12075

 

 

 

 

 

 

TOTAL EQUITY

667

2243

6504

 

 Share Capital

100

100

8

 

 Retained Profits

566

2142

6495

 

TOTAL LONG TERM LIABS

 

 

 

 

 Long Term Loans

 

 

 

 

TOTAL CURRENT LIABS

24883

5330

5571

 

 Short Term Loans

 

 

1

 

 Short Term Trade Creditors

21323

1296

5570

 

TOTAL EQUITY & LIABS

25549

7573

12075

 

 

Key Credit Ratios

 

The following figures are shown as Ratios or Percentages

 

Accounts Date

01.01.2007

01.01.2006

01.01.2005

 

Current Ratio

0,9

0,95

2,07

 

Working Capital, x1000 RUR

-2383

-267

5981

 

Quick Ratio

0,84

0,88

2,05

 

Debt to Equity Ratio

37,31

2,38

0,86

 

Current Assets Turnover

1,57

2,33

2,32

 

Total Assets Turnover Ratio

1,38

1,56

2,21

 

Pre Tax Profit Margin, %

-1,71

7,65

12,56

 

Gross Profit, %

8,87

26,58

27,83

 

Return on Investment, %

-90,85

40,26

51,63

 

Return on Assets, %

-2,37

11,92

27,81

 

 

 

 

Clients & Suppliers

 

 

Clients

SINOTRANS AIR TRANSPORTATION DEVELOPMENT CO., LTD. (China)

OC 31 MCU (India)

CHINA QING AN INTERNATIONAL TRADING (GROUP) CO., LTD. (China)

CHINA TALY AVIATION TECHNOLOGIES CORPORATION (China)

CHINA AIRPORT CONSTRUCTION CORPORATION (China)

SICHUAN HUAXING YUAN AERO TECHNOLOGY AND TRADING CO., LTD. (China)

CHINA AVIATION SUPPLIES SOUTHWEST CORP. (China)

OOO "AVIA STOK" (Russian Federation)

OOO "MOSSTROYKOMPLEKT" (Russian Federation)

OOO "IMPREYV" (Russian Federation)

OOO "KLIFF-SERVIS" (Russian Federation)

OOO "TEKHAVIARUS" (Russian Federation)

OAO "MMZ "RASSVET" (Russian Federation)

OOO "DEVIZ-96" (Russian Federation)

 

 

Suppliers

SHENZHEN CNC FENGYUAN COMMERCIAL TRADE CO., LTD. (China)

GALVABREMBO S.R.L. (Italy)

ZAO "KOMPLEKSNOE STROITEL'STVO" (Russian Federation)

OAO "MMZ" RASSVET" (Russian Federation)

OOO "ORMUS" (Russian Federation)

OOO "AL'T TELEKOM" (Russian Federation)

OOO "MARIDIAN" (Russian Federation)

OOO " DI-END-EY KOMP'YUTERS" (Russian Federation)

OOO "FORUM PRESTIZH" (Russian Federation)

*** The names of foreign partners may be pointed incorrectly as in official documents (declarations) they’re written in Russian. We present our apologies for possible mistakes in transliteration.

 

 

 

Actions at law

 

 


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

 

Financial Data

 

 


We couldn't get the financial data on the company of 2007 - 2010 years, because there weren't company's financial data of 2007 - 2010 years in the Federal Statistics Service of Russian Federation.

 

 

 

Original Financial Data (Russian Accounting Report in English)

 

 

Balance Sheet

 

The following figures are shown in units of 1000

 

 
ASSETS

Line code

as at
01.01.2005

as at
01.01.2006

as at
01.01.2007

 

 

 

 

 

I. NON-CURRENT ASSETS

 

 

 

 

Intangible assets

110

-

-

-

Fixed assets

120

523

527

583

Construction in progress

130

-

-

-

Income-bearing investments in tangible assets

135

-

-

-

Long-term financial investments

140

-

-

-

Deferred tax assets

145

-

1983

2466

Other non-current assets

150

-

-

-

Total section I

190

523

2510

3049

II. CURRENT ASSETS

 

 

 

 

Inventories

210

116

376

1485

including :

 

 

 

 

 raw materials and other inventories

211

-

-

-

 livestock

212

-

-

-

 work in progress

213

-

-

-

 finished goods and goods for resale

214

2

376

1393

 goods dispatched

215

-

-

-

 expenses related to future periods

216

114

-

91

 other supplies and expenditures

217

-

1

1

Value added tax on purchased goods

220

793

290

-

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

3425

1660

20070

including :

 

 

 

 

 buyers and customers

241

3425

1660

20070

Short-term investments

250

-

-

11

Monetary assets

260

1834

2657

923

Other current assets

270

5384

80

11

Total section II

290

11552

5063

22500

TOTAL SECTIONS I and II

300

12075

7573

25549


 


 


 


 


 

EQUITY AND LIABILITIES

 

 

 

 

 

 

 

 

 

III. EQUITY AND RESERVES

 

 

 

 

Share capital

410

8

100

100

Treasury shares

411

-

-

-

Additional capital

420

-

-

-

Legal reserve

430

1

1

1

including :

 

 

 

 

 reserves and provisions formed in 
 accordance with legislation

431

-

-

1

 reserves formed in accordance 
 with foundation documents

432

1

1

-

Retained earnings (loss)

470

6495

2142

566

Total section III

490

6504

2243

667

IV. NON-CURRENT LIABILITIES

 

 

 

 

Borrowings

510

-

-

-

Deferred tax liabilities

515

-

-

-

Other non-current liabilities

520

-

-

-

Total section IV

590

-

-

-

V. CURRENT LIABILITIES

 

 

 

 

Borrowings

610

1

-

-

Accounts payable

620

5570

1296

21323

including :

 

 

 

 

 suppliers and contractors

621

5189

1296

21320

 salaries payable

622

-

-

3

 payable to state non-budget funds

623

-

-

-

 taxes payable

624

368

-

-

 other creditors

625

13

-

-

Dividends payable to participants (shareholders)

630

-

-

-

Income of future periods

640

-

-

-

Reserves for future expenses 
and payments

650

-

-

-

Other current liabilities

660

-

7

2

Total section V

690

5571

5330

24883

TOTAL SECTIONS III,IV,V

700

12075

7573

25549

 

PROFIT AND LOSS ACCOUNT

 

The following figures are shown in units of 1000

 

 
PARAMETER

Line code

 
01.01.2007

 
01.01.2006

 
01.01.2005

 

 

 

 

 

INCOME FROM AND EXPENSES ON ORDINARY ACTIVITIES

 

 

 

 

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

010

35337

11804

26746

Cost of goods, products, work, services sold

020

32201

8666

19302

Gross profit

029

3136

3138

7444

Selling expenses

030

1309

1157

2636

Administrative expenses

040

1937

1056

980

Profit (loss) from operations

050

-110

925

3828

OTHER INCOME AND EXPENSES

 

 

 

 

Interest income

060

7

4

28

Interest expenses

070

-

-

-

Income from investments in other companies

080

-

-

-

Other operating income

090

149

6

-

Other operating expenses

100

652

147

210

Non-operating income

120

-

-

-

Non-operating expenses

130

-

-

-

Profit (loss) before profit tax

140

-606

903

3358

Deferred tax assets

141

-

-

-

Deferred tax liabilities

142

-

-

-

Current profit tax

150

-

-

-

Net profit (loss) for the reporting period

190

-606

903

3358

 

 

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

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.49.25

UK Pound

1

Rs.76.75

Euro

1

Rs.65.16

 

 

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.