MIRA INFORM REPORT

 

 

Report Date :

29.06.2012

 

IDENTIFICATION DETAILS

 

Name :

RUSSIAN-INDIAN COMPANY - SAVARIYA TRADING CORPORATION LIMITED LIABILITY COMPANY

 

 

Registered Office :

Akademika Anokhina str., 4, bldg. 1, Moscow, 119602, Russian Federation

 

 

Country :

Russia

 

 

Financials (as on) :

01.01.2011

 

 

Date of Incorporation :

26.09.2002

 

 

Com. Reg. No.:

1027739260450

 

 

Legal Form :

OOO (Limited Liability Company by Russian Law)

 

 

Line of Business :

Sales of skins, bedding, materials for production of footwear.

 

 

No. of Employees :

5

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Status :

Satisfactory

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 – March 31st, 2012

 

Country Name

Previous Rating

(31.12.2011)

Current Rating

(31.03.2012)

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 ROSSIYSKO-INDIYSKAYA FIRMA "SAVARIYA TREYDING KORPOREYSHN" (name in English: RUSSIAN-INDIAN COMPANY "SAVARIYA TRADING CORPORATION" LIMITED LIABILITY COMPANY). We provide the report on this company.

 

 

 

Summary

 

 

Original Name

Obschestvo s ogranichennoy otvetstvennostyu ROSSIYSKO-INDIYSKAYA FIRMA "SAVARIYA TREYDING KORPOREYSHN"

Legal Form

OOO (Limited Liability Company by Russian Law)

Year of Foundation

1992

Sales

62 253 th RUR for 12 months, ended 01.01.2011

Employees

5 on June, 27, 2012 (company's data)

 

 

 

 

Company Identification Details

 

 

Original Name

Obschestvo s ogranichennoy otvetstvennostyu ROSSIYSKO-INDIYSKAYA FIRMA "SAVARIYA TREYDING KORPOREYSHN"

Short Name

OOO "SAVARIYA TREYDING KORPOREYSHN"

Name in English

RUSSIAN-INDIAN COMPANY "SAVARIYA TRADING CORPORATION" LIMITED LIABILITY COMPANY

Address

Akademika Anokhina str., 4, bldg. 1, Moscow, 119602, Russian Federation

Legal Address

Akademika Anokhina str., 4, bldg. 1, Moscow, 119602, Russian Federation

Phone

+7 (495) 5102170
+7 (926) 3201445

Fax

+7 (495) 5102170

E-mail

none

WEB Address

none

 

 

History

03.08.2009: Legal Address changed from Vernadskogo prosp., 38A, Moscow, 117454, Russian Federation

 

 

 

Official Company Data

 

 

Legal Form

OOO (Limited Liability Company by Russian Law)

Date of Registration

26.09.2002

Registration Number

1027739260450

Statistic Code (OKPO)

17185191

Taxpayer Code (INN)

7729086827

Registration Authority

Ministry for Taxes and Duties of Russian Federation

 

 

 

Public Record Information

 

 

Information

The company Obschestvo s ogranichennoy otvetstvennostyu ROSSIYSKO-INDIYSKAYA FIRMA "SAVARIYA TREYDING KORPOREYSHN" 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 Prasad Dhanesh

Nationality

India

Taxpayer Code (INN)

773802122744

Share

100 %

 

 

Comments

The names of foreign shareholders of the company may be pointed incorrectly as in official documents (extracts from register) they’re written in Russian by cyrillic letters. We present our apologies for possible mistakes in transliteration.

 

 

 

Directors

 

 

Director

Mr Prasad Dhanesh

 

Signature Right

Nationality

India

Taxpayer Code (INN)

773802122744

 

 

 

Re-Registration Data

 

 

Initial Registration

03.09.1992

Registration Number

015.229

Registration Authority

Moscow Register Chamber

 

 

Date of Registration

26.09.2002

 

(Entering into the Single State Register of Legal Entities)

Registration Number

1027739260450

Registration Authority

Ministry for Taxes and Duties of Russian Federation

 

 

Date of Re-registration

12.10.2004

File Number

2047729028642

Registration Authority

Ministry for Taxes and Duties of Russian Federation

Changes

Company's Rules

 

 

Date of Re-registration

03.08.2009

File Number

7097747778825

Registration Authority

Federal Tax Service of Russian Federation

Changes

Legal Address

 

 

Date of Re-registration

14.08.2009

File Number

8097747239967

Registration Authority

Federal Tax Service of Russian Federation

Changes

Company's Rules

 

 

 

Operations

 

 

Activities

Sales of skins, bedding, materials for production of footwear.

 

 

Staff Employed

5 on June, 27, 2012 (company's data)

 

 

 

Real Estate

 

 

Own

None

 

 

Rent

Office, warehouse
Address: Akademika Anokhina str., 4, bldg. 1, Moscow, 119602, Russian Federation
(company's data)

 

 

 

Export & Import

 

 

Export Countries

2008-2011: No Export Activity

Exported Goods

none

Export Value

none

 

 

Import Countries

2011: India
2010: India, United Arab Emirates
2008-2009: India, Finland

Imported Goods

skins, bedding, materials for production of footwear, notions products, carpets

Import Value

in 2011: 1 521 096 USD
in 2010: 603 988 USD
in 2009: 1 471 977 USD
in 2008: 2 672 783 USD

 

 

 

Branches

 

Branch

None

 

 

 

Participation

 

 

Information

None

 

 

 

Related Companies

 

 

Information

Mr Prasad Dhanesh is a shareholder of company

OOO "INDIYSKAYA SEMEYNAYA KLINIKA"
Registration number: 1027739695983

 

 

 

Bankers

 

 

Bank

OAO "BANK MOSKVY", bank code: 044525219 (Russian Federation)

Account(s)

40702810500080000160 (RUR)

 

 

Bank

OOO "AYSIAYSIAY BANK EVRAZIYA" (Russian Federation)

 

 

 

Financial Data

 

 

Profit and Loss (extract)

 

The following figures are shown in units of 1000

 

 

 

Period, months

12

12

12

12

Ended

01.01.2011

01.01.2010

01.01.2009

01.01.2008

Currency

RUR

RUR

RUR

RUR

SALES

62253

64699

84867

73284

Cost of Goods sold

52274

49864

74599

64732

GROSS PROFIT

9979

14835

10268

8552

Distribution Costs

5146

4404

3772

2384

Management Costs

 

 

 

 

OPERATING PROFIT

4833

10431

6496

6168

Non Trading Income

-795

-1837

-776

-137

PRE TAX PROFIT

4038

8594

5720

6031

Taxation

761

1773

1482

 

PROFIT AFTER TAX

3277

6821

4238

4531

 

Balance Sheet (extract)

 

The following figures are shown in units of 1000

 

As at

01.01.2011

01.01.2010

01.01.2009

01.01.2008

Currency

RUR

RUR

RUR

RUR

TOTAL FIXED ASSETS

49

76

103

107

 Intangible Assets

 

 

 

 

 Fixed Assets

49

76

103

107

TOTAL CURRENT ASSETS

34771

20869

17965

14794

 Stock

4819

4877

1818

 

 Trade debtors

27859

11938

14157

9467

 Cash

1903

4054

1594

5326

TOTAL ASSETS

34820

20945

18068

14900

 

 

 

 

 

TOTAL EQUITY

19360

16081

9260

5022

 Share Capital

10

10

10

10

 Retained Profits

19350

16071

9250

5012

TOTAL LONG TERM LIABS

 

 

 

 

 Long Term Loans

 

 

 

 

TOTAL CURRENT LIABS

15460

4864

8808

9878

 Short Term Loans

 

 

 

 

 Short Term Trade Creditors

15460

4864

8808

9878

TOTAL EQUITY & LIABS

34820

20945

18068

14900

 

Key Credit Ratios

 

The following figures are shown as Ratios or Percentages

 

Accounts Date

01.01.2011

01.01.2010

01.01.2009

01.01.2008

Current Ratio

2,25

4,29

2,04

1,5

Working Capital, x1000 RUR

19311

16005

9157

4916

Quick Ratio

1,94

3,29

1,83

1,5

Debt to Equity Ratio

0,8

0,3

0,95

1,97

Current Assets Turnover

1,79

3,1

4,72

4,95

Total Assets Turnover Ratio

1,79

3,09

4,7

4,92

Pre Tax Profit Margin, %

6,49

13,28

6,74

8,23

Gross Profit, %

16,03

22,93

12,1

11,67

Return on Investment, %

20,86

53,44

61,77

120,09

Return on Assets, %

11,6

41,03

31,66

40,48

 

 

Clients & Suppliers

 

 

Clients

ZAO "SIBIR'" (Russian Federation)

OOO "INVESTSTROY" (Russian Federation)

OOO "AL'F-GRANT" (Russian Federation)

OOO "MOSBIZNES" (Russian Federation)

OOO "KOZHGALANTEREYNOE PREDPRIYATIE "BEBELYA" (Russian Federation)

OAO "SHEREMET'EVO-KARGO" (Russian Federation)

OOO "KUPCHIKHA" (Russian Federation)

 

 

Suppliers

COMPETENCE EXPORTS PVT. LTD. (India)

TASMIYAH LEATHER PVT.LTD. (India)

SUPER TANNERY LIMITED (India)

TAPTA EXPORTS PVT.LTD. (India)

M. K. INTERNATIONAL PVT. LTD. (India)

GBS TANNERS PVT.LTD. (India)

SUCHETA ENTERPRISES KANPUR PVT.LTD. (India)

NG LEDER ENTERPRISE PVT.LTD. (India)

OAO "BUREVESTNIK-XXI" (Russian Federation)

FGUEP "SERVEKS" (Russian Federation)

OAO "SHEREMET'EVO-KARGO" (Russian Federation)

OOO "TELEKOL" (Russian Federation)

ZAO "FIRMA TEL" (Russian Federation)

OOO "AVTS" (Russian Federation)

OOO "KS KOM" (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.

 

 

 

Publications

 

 

Date

2012

Source

The Federal Tax Service of Russian Federation

Text of Publication

The Federal Tax Service of Russian Federation has published the information that Mr Prasad Dkhanesh (as private person) does't have not paid taxes.

 

Original Financial Data

(Russian Accounting Report in English)

 

Balance Sheet

 

The following figures are shown in units of 1000

 

 
ASSETS

Line code

as at
01.01.2009

as at
01.01.2010

as at
01.01.2011

 

 

 

 

 

I. NON-CURRENT ASSETS

 

 

 

 

Intangible assets

110

-

-

-

Fixed assets

120

103

76

49

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

103

76

49

II. CURRENT ASSETS

 

 

 

 

Inventories

210

1818

4877

4819

including :

 

 

 

 

 raw materials and other inventories

211

-

-

-

 livestock

212

-

-

-

 work in progress

213

-

-

-

 finished goods and goods for resale

214

228

4211

4327

 goods dispatched

215

1591

666

492

 expenses related to future periods

216

-

-

-

 other supplies and expenditures

217

-

-

-

Value added tax on purchased goods

220

395

-

-

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

14157

11938

27859

including :

 

 

 

 

 buyers and customers

241

9141

6359

14021

Short-term investments

250

-

-

-

Monetary assets

260

1594

4054

1903

Other current assets

270

-

-

190

Total section II

290

17965

20869

34771

TOTAL SECTIONS I and II

300

18068

20945

34820


 


 


 


 


 

EQUITY AND LIABILITIES

 

 

 

 

 

 

 

 

 

III. EQUITY AND RESERVES

 

 

 

 

Share capital

410

10

10

10

Treasury shares

411

-

-

-

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

9250

16071

19350

Total section III

490

9260

16081

19360

IV. NON-CURRENT LIABILITIES

 

 

 

 

Borrowings

510

-

-

-

Deferred tax liabilities

515

-

-

-

Other non-current liabilities

520

-

-

-

Total section IV

590

-

-

-

V. CURRENT LIABILITIES

 

 

 

 

Borrowings

610

-

-

-

Accounts payable

620

8808

4864

15460

including :

 

 

 

 

 suppliers and contractors

621

7586

4499

7456

 salaries payable

622

48

78

-

 payable to state non-budget funds

623

15

2

-

 taxes payable

624

46

225

1070

 other creditors

625

1113

60

6934

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

8808

4864

15460

TOTAL SECTIONS III,IV,V

700

18068

20945

34820

 

PROFIT AND LOSS ACCOUNT

 

The following figures are shown in units of 1000

 

 
PARAMETER

Line code

 
01.01.2011

 
01.01.2010

 
01.01.2009

 

 

 

 

 

INCOME FROM AND EXPENSES ON ORDINARY ACTIVITIES

 

 

 

 

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

010

62253

64699

84867

Cost of goods, products, work, services sold

020

52274

49864

74599

Gross profit

029

9979

14835

10268

Selling expenses

030

5146

4404

3772

Administrative expenses

040

-

-

-

Profit (loss) from operations

050

4833

10431

6496

OTHER INCOME AND EXPENSES

 

 

 

 

Interest income

060

-

1

5

Interest expenses

070

-

-

-

Income from investments in other companies

080

-

-

-

Other operating income

090

915

2217

275

Other operating expenses

100

1710

4055

1056

Non-operating income

120

-

-

-

Non-operating expenses

130

-

-

-

Profit (loss) before profit tax

140

4038

8594

5720

Deferred tax assets

141

-

-

-

Deferred tax liabilities

142

-

-

-

Current profit tax

150

761

1773

1482

Net profit (loss) for the reporting period

190

3277

6821

4238

 

 

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.56.92

UK Pound

1

Rs.88.91

Euro

1

Rs.71.25

 

 

INFORMATION DETAILS

 

Report Prepared by :

PRL

 

 

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.