MIRA INFORM REPORT

 

 

Report Date :

04.04.2013

 

IDENTIFICATION DETAILS

 

Name :

V.M.N. BIZNES SISTEMS

 

 

Registered Office :

Kutuzovskiy prosp., 36, bldg. 3, office 203, Moscow, 121170, Russian Federation

 

 

Country :

Russia

 

 

Financials (as on) :

01.01.2012

 

 

Date of Incorporation :

25.10.2005

 

 

Com. Reg. No.:

1057748761355

 

 

Legal Form :

OOO (Limited Liability Company by Russian Law)

 

 

Line of Business :

Manufacture and sales of tea production.

 

 

No. of Employees :

300

 

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Status :

Moderate

Payment Behaviour :

Slow but correct

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 – June 30th, 2012

 

Country Name

Previous Rating

(31.03.2012)

Current Rating

(30.06.2012)

Russia

A2

A2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 


 

russia - ECONOMIC OVERVIEW

 

Russia has undergone significant changes since the collapse of the Soviet Union, moving from a globally-isolated, centrally-planned economy to a more market-based and globally-integrated economy. Economic reforms in the 1990s privatized most industry, with notable exceptions in the energy and defense-related sectors. The protection of property rights is still weak and the private sector remains subject to heavy state interference. Russian industry is primarily split between globally-competitive commodity producers. In 2011, Russia became the world's leading oil producer, surpassing Saudi Arabia; Russia is the second-largest producer of natural gas; Russia holds the world's largest natural gas reserves, the second-largest coal reserves, and the eighth-largest crude oil reserves. Russia is the third-largest exporter of both steel and primary aluminum. Other less competitive heavy industries remain dependent on the Russian domestic market. Russia's reliance on commodity exports makes it vulnerable to boom and bust cycles that follow the highly volatile swings in global commodity prices. The government since 2007 has embarked on an ambitious program to reduce this dependency and build up the country's high technology sectors, but with few results so far. The economy had averaged 7% growth in the decade following the 1998 Russian financial crisis, resulting in a doubling of real disposable incomes and the emergence of a middle class. The Russian economy, however, was one of the hardest hit by the 2008-09 global economic crisis as oil prices plummeted and the foreign credits that Russian banks and firms relied on dried up. According to the World Bank the government's anti-crisis package in 2008-09 amounted to roughly 6.7% of GDP. The Central Bank of Russia spent one-third of its $600 billion international reserves, the world's third largest, in late 2008 to slow the devaluation of the ruble. The government also devoted $200 billion in a rescue plan to increase liquidity in the banking sector and aid Russian firms unable to roll over large foreign debts coming due. The economic decline bottomed out in mid-2009 and the economy began to grow in the third quarter of 2009. However, a severe drought and fires in central Russia reduced agricultural output, prompting a ban on grain exports for part of the year, and slowed growth in other sectors such as manufacturing and retail trade. High oil prices buoyed Russian growth in 2011 and helped Russia reduce the budget deficit inherited from the lean years of 2008-09. Russia has reduced unemployment since 2009 and has made progress on reducing inflation since 2010. Russia's long-term challenges include a shrinking workforce, a high level of corruption, difficulty in accessing capital for smaller, non-energy companies, and poor infrastructure in need of large investments.

 

Source : CIA

 


 

Comments

 

 

Information

The address "Kutuzovskiy Prospect, 36 Bld 3, Kutuzovskiy Prospect Moscow 121170" mentioned in your inquiry belongs to the company Obschestvo s ogranichennoy otvetstvennostyu "V.M.N. BIZNES SISTEMS" (name in English: "W.M.N. BUSINESS SYSTEMS" LIMITED LIABILITY COMPANY). We provide the report on this company.

 

 

 

Summary

 

 

Original Name

Obschestvo s ogranichennoy otvetstvennostyu "V.M.N. BIZNES SISTEMS"

Legal Form

OOO (Limited Liability Company by Russian Law)

Year of Foundation

2005

Sales

20 th RUR for 12 months, ended 01.01.2006

Employees

300 (approx.) on April, 03, 2013 (company's data)

 

 

 

 

Company Identification Details

 

 

Original Name

Obschestvo s ogranichennoy otvetstvennostyu "V.M.N. BIZNES SISTEMS"

Short Name

OOO "V.M.N. BIZNES SISTEMS"

Name in English

"W.M.N. BUSINESS SYSTEMS" LIMITED LIABILITY COMPANY

Address

Kutuzovskiy prosp., 36, bldg. 3, office 203, Moscow, 121170, Russian Federation

Legal Address

Kutuzovskiy prosp., 36, bldg. 3, Moscow, 121170, Russian Federation

Phone

+7 (495) 6519997
+7 (499) 6438225

Fax

+7 (495) 6519997
+7 (499) 6438225

E-mail

riston9@ristontea.ru

WEB Address

www.ristontea.com
www.ristontea.ru

 

 

History

18.02.2008: Legal Address changed from Putevoy pr., 22, Moscow, 127410, Russian Federation

 

 

 

Official Company Data

 

 

Legal Form

OOO (Limited Liability Company by Russian Law)

Date of Registration

25.10.2005

Registration Number

1057748761355

Statistic Code (OKPO)

79430436

Taxpayer Code (INN)

7715580289

Registration Authority

Federal Tax Service of Russian Federation

 

 

 

Public Record Information

 

 

Information

The company Obschestvo s ogranichennoy otvetstvennostyu "V.M.N. BIZNES SISTEMS" 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 Perera Valgampalage Mahil Nisantha

Nationality

Sri Lanka

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

Ms Tikhonova Natal'ya Alekseevna

 

Signature Right

Nationality

Russian Federation

Taxpayer Code (INN)

771544130515

 

 

 

Re-Registration Data

 

 

Date of Registration

25.10.2005

 

(Entering into the Single State Register of Legal Entities)

Registration Number

1057748761355

Registration Authority

Federal Tax Service of Russian Federation

 

 

Date of Re-registration

18.02.2008

File Number

6087746463470

Registration Authority

Federal Tax Service of Russian Federation

Changes

Legal Address

 

 

 

Operations

 

 

Activities

Manufacture and sales of tea production.
The company sells goods under brand RISTON.

 

 

Staff Employed

300 (approx.) on April, 03, 2013 (company's data)

Employees' History

70 (approx.) on July, 23, 2010 (company's data)

 

 

 

Real Estate

 

 

Own

none

 

 

Rent

Office
Address: Kutuzovskiy prosp., 36, bldg. 3, office 203, Moscow, 121170, Russian Federation
(company's data)

Industrial area, warehouse
Address: Elektrostal, Moscow Region, 144000, Russian Federation
(company's data)

 

 

 

Export & Import

 

 

Export Countries

for 9 months 2012: Sri Lanka, Saudi Arabia

Exported Goods

packing, tea

Export Value

for 9 months 2012: 340 080 USD
in 2007-2011: none

 

 

Import Countries

for 9 months 2012: China, Finland, Sri Lanka, Germany, India
2011: Sri Lanka, Finland, Germany, Lithuania, Great Britain, China
2010: Sri Lanka, Finland, Germany, China, Great Britain, Italy, Netherlands, Lithuania, Estonia, Poland
2009: Sri Lanka, Finland, Italy, Poland, Germany, Lithuania, Latvia, China
2008: Finland, Sri Lanka, Germany

Imported Goods

tea, yarn, packing, spare parts, paper, cardboard, ware, equipment

Import Value

for 9 months 2012: 9 999 741 USD
in 2011: 19 127 076 USD
in 2010: 21 330 978 USD
in 2009: 17 919 089 USD
in 2008: 11 327 235 USD
in 2007: none

 

 


 

Branches

 

 

Branch

None

 

 

 

Participation

 

 

Information

None

 

 

 

Related Companies

 

 

Information

Mr Perera Valgampalage Mahil Nisantha is also a shareholder of company:

OOO "PREMIUM BRENDS"
Registration number: 1027710002066

Ms Tikhonova Natal'ya Alekseevna is also a director of companies:

OOO "PRAYM BRENDS"
Registration number: 1127746049639

OOO "PRAYM FUD SERVIS"
Registration number: 1127746565792

 

 

 

Bankers

 

 

Bank

OOO KB "EKSPOBANK" (Russian Federation)

 

 

 

Financial Data

 

 

Profit and Loss (extract)

 

The following figures are shown in units of 1000

 

 

Period, months

12

 

 

 

Ended

01.01.2006

 

 

 

Currency

RUR

 

 

 

SALES

20

 

 

 

Cost of Goods sold

 

 

 

 

GROSS PROFIT

20

 

 

 

Distribution Costs

 

 

 

 

Management Costs

 

 

 

 

OPERATING PROFIT

20

 

 

 

Non Trading Income

 

 

 

 

PRE TAX PROFIT

20

 

 

 

Taxation

 

 

 

 

PROFIT AFTER TAX

20

 

 

 

 

Balance Sheet (extract)

 

The following figures are shown in units of 1000

 

As at

01.01.2006

 

 

 

Currency

RUR

 

 

 

TOTAL FIXED ASSETS

10

 

 

 

Intangible Assets

 

 

 

 

Fixed Assets

 

 

 

 

TOTAL CURRENT ASSETS

43

 

 

 

Stock

16

 

 

 

Trade debtors

24

 

 

 

Cash

 

 

 

 

TOTAL ASSETS

53

 

 

 

 

 

 

 

 

TOTAL EQUITY

25

 

 

 

Share Capital

10

 

 

 

Retained Profits

15

 

 

 

TOTAL LONG TERM LIABS

 

 

 

 

Long Term Loans

 

 

 

 

TOTAL CURRENT LIABS

28

 

 

 

Short Term Loans

 

 

 

 

Short Term Trade Creditors

28

 

 

 

TOTAL EQUITY & LIABS

53

 

 

 

 

Key Credit Ratios

 

The following figures are shown as Ratios or Percentages

 

Accounts Date

01.01.2006

 

 

 

Current Ratio

1,54

 

 

 

Working Capital, x1000 RUR

15

 

 

 

Quick Ratio

0,96

 

 

 

Debt to Equity Ratio

1,12

 

 

 

Current Assets Turnover

0,47

 

 

 

Total Assets Turnover Ratio

0,38

 

 

 

Pre Tax Profit Margin, %

100

 

 

 

Gross Profit, %

100

 

 

 

Return on Investment, %

80

 

 

 

Return on Assets, %

37,74

 

 

 

 

 

 

Clients & Suppliers

 

 

Clients

UK BEVERAGES (PVT) LTD. (Sri Lanka)

SMART TRADING EST. (Saudi Arabia)

 

 

Suppliers

UKEY. BEVERAGES LTD. (Sri Lanka)

GEORGE STUART (TEAZ & MARKET) LTD. (Sri Lanka)

GEBRUDER WOLLENHAUPT GMBH (Germany)

MARTIN BAUER GMBH & CO. KG (Germany)

POLIPAK S.R.L. (Italy)

NORTH-WESTERN CACHAR TEA CO., LTD. (India)

TDK HOLDINGS (PVT) LTD. (Sri Lanka)

IMA FLAVOR S.R.L. (Italy)

ZWIRNEREI A.D.WUTAH GMBH (Germany)

*** 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

2013

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 Tikhonova Natal'ya Alekseevna (as private person):

Date: 27.03.2013
Type of tax: The tax to property of physical persons.
The tax sum: 267.07 RUR

 

 


 

Financial Data

 

 


We couldn’t get the financial data on the company of 2006-2011 years, because there weren’t company’s financial data of 2006-2011 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

as at
01.01.2006

 

 

 

 

I. NON-CURRENT ASSETS

 

 

 

Intangible assets

110

-

-

Fixed assets

120

-

-

Construction in progress

130

-

10

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

-

10

II. CURRENT ASSETS

 

 

 

Inventories

210

-

16

including :

 

 

 

raw materials and other inventories

211

-

-

livestock

212

-

-

work in progress

213

-

-

finished goods and goods for resale

214

-

16

goods dispatched

215

-

-

expenses related to future periods

216

-

-

other supplies and expenditures

217

-

-

Value added tax on purchased goods

220

-

3

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

-

24

including :

 

 

 

buyers and customers

241

-

24

Short-term investments

250

-

-

Monetary assets

260

-

-

Other current assets

270

-

-

Total section II

290

-

43

TOTAL SECTIONS I and II

300

-

53

 

 

 

 

EQUITY AND LIABILITIES

 

 

 

 

 

 

 

III. EQUITY AND RESERVES

 

 

 

Share capital

410

-

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

-

15

Total section III

490

-

25

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

-

28

including :

 

 

 

suppliers and contractors

621

-

19

salaries payable

622

-

-

payable to state non-budget funds

623

-

-

taxes payable

624

-

9

other creditors

625

-

-

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

-

28

TOTAL SECTIONS III,IV,V

700

-

53

 

PROFIT AND LOSS ACCOUNT

 

The following figures are shown in units of 1000

 


PARAMETER

Line code


01.01.2006

 

 

 

 

 

INCOME FROM AND EXPENSES ON ORDINARY ACTIVITIES

 

 

 

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

010

20

-

Cost of goods, products, work, services sold

020

-

-

Gross profit

029

20

-

Selling expenses

030

-

-

Administrative expenses

040

-

-

Profit (loss) from operations

050

20

-

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

-

-

Non-operating income

120

-

-

Non-operating expenses

130

-

-

Profit (loss) before profit tax

140

20

-

Deferred tax assets

141

-

-

Deferred tax liabilities

142

-

-

Current profit tax

150

-

-

Net profit (loss) for the reporting period

190

20

-

 

 

Additional information about related companies

 

 

Below is presented the extended information about the related companies of subject company.

 

 

 

Name

OOO "PREMIUM BRENDS"

Registration Number

1027710002066

Taxpayer code (INN)

7710433442

 

 

 

Profit and Loss (extract)

 

The following figures are shown in units of 1000

 

 

Period, months

12

12

12

12

Ended

01.01.2012

01.01.2011

01.01.2010

01.01.2009

Currency

RUR

RUR

RUR

RUR

SALES

1577260

1563341

1236998

831053

Cost of Goods sold

808486

835115

630478

501876

GROSS PROFIT

768774

728226

606520

329177

Distribution Costs

658127

637937

563144

279847

Management Costs

 

 

 

 

OPERATING PROFIT

110647

90289

43376

49330

Non Trading Income

-104226

-80324

-39109

-42187

PRE TAX PROFIT

6421

9965

4267

7143

Taxation

1543

 

 

1812

PROFIT AFTER TAX

4878

7749

2976

5331

 

Balance Sheet (extract)

 

The following figures are shown in units of 1000

 

As at

01.01.2012

01.01.2011

01.01.2010

01.01.2009

Currency

RUR

RUR

RUR

RUR

TOTAL FIXED ASSETS

14665

18236

6002

5425

Intangible Assets

8821

11273

333

 

Fixed Assets

5845

6857

5563

5425

TOTAL CURRENT ASSETS

1758473

1182559

799787

454941

Stock

352030

754943

323037

188910

Trade debtors

292750

258744

360207

210495

Cash

12787

25282

17985

11278

TOTAL ASSETS

1773138

1200795

805788

460366

 

 

 

 

 

TOTAL EQUITY

17158

12281

4532

1556

Share Capital

20

20

20

20

Retained Profits

17138

12261

4512

1536

TOTAL LONG TERM LIABS

439842

472627

503448

 

Long Term Loans

439842

472627

503448

 

TOTAL CURRENT LIABS

1316137

715887

297808

458810

Short Term Loans

285850

 

72391

 

Short Term Trade Creditors

1030287

715887

225418

458810

TOTAL EQUITY & LIABS

1773138

1200795

805788

460366

 

 

 

Rates of Exchange

 

 

RUR - Russian Rouble

01.01.2012: 1 EUR = 41.67 RUR, 1 USD = 32.19 RUR

EUR - EURO

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

USD - US Dollar

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

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.54.38

UK Pound

1

Rs.82.04

Euro

1

Rs.69.58

 

 

INFORMATION DETAILS

 

Report Prepared by :

PDT

 

 

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.