MIRA INFORM REPORT

 

 

Report Date :

15.04.2013

 

IDENTIFICATION DETAILS

 

Name :

UNIVERSAL FOOD TECHNOLOGIES LIMITED LIABILITY COMPANY

 

 

Registered Office :

Severnoe Shosse, 14, Serpukhov, Moscow Region, 142204

 

 

Country :

Russia

 

 

Financials (as on) :

01.01.2011

 

 

Date of Incorporation :

18.07.2002

 

 

Com. Reg. No.:

1025005598078

 

 

Legal Form :

OOO (Limited Liability Company by Russian Law)

 

 

Line of Business :

Sales of equipment and materials for packaging.
The company is engaged in packaging of coffee and tea.

 

 

No. of Employees :

400 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

 

Status :

Moderate

Payment Behaviour :

Slow

Litigation :

Exist

 

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

(31.03.2011)

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 and the telephone number mentioned in your inquiry belong to the company Obschestvo s ogranichennoy otvetstvennostyu "UNIVERSAL'NYE PISCHEVYE TEKHNOLOGII" (name in English: "UNIVERSAL FOOD TECHNOLOGIES" LIMITED LIABILITY COMPANY). We provide the report on this company.

 

 

 

Summary

 

 

Original Name

Obschestvo s ogranichennoy otvetstvennostyu "UNIVERSAL'NYE PISCHEVYE TEKHNOLOGII"

Legal Form

OOO (Limited Liability Company by Russian Law)

Year of Foundation

2000

Sales

559 931 th RUR for 12 months, ended 01.01.2011

Employees

400 (approx.) on April, 10, 2013 (company's data)

 

 

 

 

Company Identification Details

 

 

Original Name

Obschestvo s ogranichennoy otvetstvennostyu "UNIVERSAL'NYE PISCHEVYE TEKHNOLOGII"

Short Name

OOO "UNIVERSAL'NYE PISCHEVYE TEKHNOLOGII"

Name in English

"UNIVERSAL FOOD TECHNOLOGIES" LIMITED LIABILITY COMPANY

Address

Severnoe Shosse, 14, Serpukhov, Moscow Region, 142204, Russian Federation

Legal Address

Severnoe Shosse, 14, Serpukhov, Moscow Region, 142204, Russian Federation

Phone

+7 (4967) 355842, 375454 (ext. 3046)

Fax

+7 (4967) 355842, 355454

E-mail

contacts@unifoods.ru

WEB Address

none

 

 

 

Official Company Data

 

 

Legal Form

OOO (Limited Liability Company by Russian Law)

Date of Registration

18.07.2002

Registration Number

1025005598078

Statistic Code (OKPO)

53910435

Taxpayer Code (INN)

5043019372

Registration Authority

Ministry for Taxes and Duties of Russian Federation

 

 

Public Record Information

 

 

Information

The company Obschestvo s ogranichennoy otvetstvennostyu "UNIVERSAL'NYE PISCHEVYE TEKHNOLOGII" was not included in the published list of bankrupt companies.

 

 

 

Share Capital

 

 

Current Share Capital

6 267 320 000 RUR (since 03.06.2011)

 

 

 

Shareholders

 

 

Total

2 legal persons

 

 

Shareholder

FELISITOS LIMITED

Address

Cyprus

Registration Number

NE 129400

Share

50 %

 

 

Shareholder

EGGATON HOLDING AKTIENGEZELLSHAFT

Address

Austria

Registration Number

FN 327401 y

Share

50 %

 

 

 

Directors

 

 

Director

Mr Lyapustin Aleksandr Vital'evich

 

Signature Right

Nationality

Russian Federation

Taxpayer Code (INN)

434520224734

 

 

 

Re-Registration Data

 

 

Initial Registration

25.05.2000

Registration Number

50:58:01162

Registration Authority

Register Chamber of Moscow Region

 

 

Date of Registration

18.07.2002

 

(Entering into the Single State Register of Legal Entities)

Registration Number

1025005598078

Registration Authority

Ministry for Taxes and Duties of Russian Federation

 

 

Date of Re-registration

11.05.2005

File Number

2055008506045

Registration Authority

Federal Tax Service of Russian Federation

Changes

Company's Rules

 

 

Date of Re-registration

21.06.2006

File Number

2065043058562

Registration Authority

Ministry for Taxes and Duties of Russian Federation

Changes

Company's Rules

 

 

Date of Re-registration

18.12.2006

File Number

2065043100725

Registration Authority

Federal Tax Service of Russian Federation

Changes

Company's Rules

 

 

Date of Re-registration

03.10.2007

File Number

2075043038442

Registration Authority

Federal Tax Service of Russian Federation

Changes

Company's Rules

 

 

Date of Re-registration

12.08.2008

File Number

2085043028068

Registration Authority

Federal Tax Service of Russian Federation

Changes

Company's Rules

 

 

Date of Re-registration

03.07.2009

File Number

2095043020411

Registration Authority

Federal Tax Service of Russian Federation

Changes

Company's Rules

 

 

Date of Re-registration

12.03.2010

File Number

2105043036591

Registration Authority

Federal Tax Service of Russian Federation

Changes

Company's Rules

 

 

Date of Re-registration

31.03.2010

File Number

2105043041002

Registration Authority

Federal Tax Service of Russian Federation

Changes

Company's Rules

 

 

Date of Re-registration

27.05.2011

File Number

2115043061670

Registration Authority

Federal Tax Service of Russian Federation

Changes

Company's Rules

 

 

Date of Re-registration

16.08.2011

File Number

2115043082141

Registration Authority

Federal Tax Service of Russian Federation

Changes

Company's Rules

 

Operations

 

 

Activities

Sales of equipment and materials for packaging.

The company is engaged in packaging of coffee and tea.

 

 

Staff Employed

400 (approx.) on April, 10, 2013 (company's data)

Employees' History

380 (approx.) on November, 02, 2010 (company's data)

 

 

 

Real Estate

 

 

Own

None

 

 

Rent

Office, warehouse, industrial area
Address: Severnoe Shosse, 14, Serpukhov, Moscow Region, 142204, Russian Federation
(company's data)

 

 

 

Export & Import

 

 

Export Countries

2010-2011: India
2008: India

Exported Goods

packing equipment

Export Value

for 9 months 2012: none
in 2011: 84 000 USD
in 2010: 84 000 USD
in 2009: none
in 2008: 133 850 USD
in 2007: none

 

 

Import Countries

for 9 months 2012: Germany, Lithuania, Finland, Poland, India, China, Sri Lanka, Vietnam, Italy
2011: Germany, India, Finland, Vietnam, Sri Lanka, Kenya, China, Italy, Lithuania, Papua New Guinea, Japan
2010: Lithuania, Canada, Germany, India, Vietnam, Poland, Italy, China, Japan
2008-2009: Germany, Italy
2007: Germany, India, Italy

Imported Goods

electric equipment, hardware, plastic products, metal products, paper, wire, tea, fixture, coffee, spare parts

Import Value

for 9 months 2012: 4 518 605 USD
in 2011: 8 227 017 USD
in 2010: 1 944 660 USD
in 2009: 240 445 USD
in 2008: 269 829 USD
in 2007: 166 172 USD

 

Branches

 

 

Branch

The company has representations

Address: Nikol'skaya str., 10, Moscow, 109012, Russian Federation

Address: Tolmachevskaya, 43/4, Novosibirsk, Novosibirsk Region, 630052, Russian Federation

 

 

 

Participation

 

 

Information

None

 

 

 

Related Companies

 

 

Information

The company FELISITOS LIMITED" is also a shareholder of company:

OOO "NATSIONAL'NAYA PRODOVOL'STVENNAYA KORPORATSIYA"
Registration number: 1097746389850

The company EGGATON HOLDING AKTIENGEZELLSHAFT isn't a shareholder of any other companies in Russian Federation.

Mr Lyapustin Aleksandr Vital'evich isn't a shareholder or a director of any other companies in Russian Federation.

 

 

 

Bankers

 

 

Bank

ZAO "RAYFFAYZENBANK", bank code: 044525700 (Russian Federation)

Account(s)

40702810500001400784 (RUR)

 

 

Bank

ZAO KB "DZHEY END TI BANK", bank code: 044579520 (Russian Federation)

Account(s)

40702810000000000085 (RUR)

 

 

Bank

OAO AKB "VOZROZHDENIE", bank code: 044525181 (Russian Federation)

Account(s)

40702810405000140691 (RUR)

 

 

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

559931

475629

408220

408734

Cost of Goods sold

619590

506773

424527

419427

GROSS PROFIT

-59659

-31144

-16307

-10693

Distribution Costs

 

 

 

 

Management Costs

 

 

 

 

OPERATING PROFIT

-59659

-31144

-16307

-10693

Non Trading Income

-18279

-32047

-31286

-21869

PRE TAX PROFIT

-77938

-63191

-47593

-32562

Taxation

 

 

 

 

PROFIT AFTER TAX

-65556

-59992

-39601

-28510

 

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

436745

413661

403328

300443

 Intangible Assets

1

1

1

1

 Fixed Assets

395831

394451

263568

290204

TOTAL CURRENT ASSETS

261048

167216

155611

222445

 Stock

119048

89621

66325

54785

 Trade debtors

114113

74797

85899

93127

 Cash

10826

1394

1700

4935

TOTAL ASSETS

697793

580877

558939

522888

 

 

 

 

 

TOTAL EQUITY

301391

366947

424368

391326

 Share Capital

458000

458000

458000

385391

 Retained Profits

-255190

-189634

-140360

-100793

TOTAL LONG TERM LIABS

487

23018

3280

3297

 Long Term Loans

 

22621

 

 

TOTAL CURRENT LIABS

395915

190912

131291

128265

 Short Term Loans

183332

4161

51652

90333

 Short Term Trade Creditors

56495

186751

79639

37932

TOTAL EQUITY & LIABS

697793

580877

558939

522888

 

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

0,66

0,88

1,19

1,73

Working Capital, x1000 RUR

-134867

-23696

24320

94180

Quick Ratio

0,36

0,41

0,68

1,31

Debt to Equity Ratio

1,32

0,58

0,32

0,34

Current Assets Turnover

2,14

2,84

2,62

1,84

Total Assets Turnover Ratio

0,8

0,82

0,73

0,78

Pre Tax Profit Margin, %

-13,92

-13,29

-11,66

-7,97

Gross Profit, %

-10,65

-6,55

-3,99

-2,62

Return on Investment, %

-25,86

-17,22

-11,22

-8,32

Return on Assets, %

-11,17

-10,88

-8,51

-6,23

 

 

Clients & Suppliers

 

 

Clients

J.V. GOKAL & CO. PVT. LTD. (India)

ZAO "AVALON" (Russian Federation)

OOO "AVALON LOGISTIKS" (Russian Federation)

OOO "TRTS "INTERPROD" (Russian Federation)

OOO "YUNILEVER" (Russian Federation)

OAO "MOBIL'NYE TELESISTEMY" (Russian Federation)

OAO "RESO-GARANTIYA" (Russian Federation)

 

 

Suppliers

TEEPACK SPEZIALMASCHINEN GMBH AND CO. KG (Germany)

MARTIN BAUER GMBH & CO. KG (Germany)

TEHNOMEHANIKA S.R.L. (Italy)

BERGAMI S.R.L. (Italy)

IMA FLAVOUR S.R.L. (Italy)

I.M.A. INDUSTRIA MACCHINE AUTOMATICHE S.P.A. (Italy)

GLATFELTER GERNSBACH GMBH & CO. KG (Germany)

UNILEVER INDIA EXPORTS LIMITED (India)

HUNAN TEA CO., LTD. (China)

ZAO "AVALON" (Russian Federation)

OOO "INDUSTRIYA TSVETA" (Russian Federation)

ZAO "AVANT" (Russian Federation)

OOO "LOTOS" (Russian Federation)

OOO "PROFLEKS" (Russian Federation)

OOO "TORGINVESTSERVIS" (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

 

 

The information of Arbitration court of Moscow about judicial claims is presented

 

Date of registration

06.07.2010

Registration number

A41-23058/09

Plaintiff

ZAO PROIZVODSTVENNO-STROITEL'NAYA KOMPANIYA "INTER'ER-R"

Defendant

OOO "UNIVERSAL'NYE PISCHEVYE TEKHNOLOGII"

Claim sum

10 568 718 RUR

Claim category

Default of obligations under the contract

 

Date of registration

10.08.2012

Registration number

A41-8989/2012

Plaintiff

OOO "UNIVERSAL'NYE PISCHEVYE TEKHNOLOGII"

Defendant

OOO "RM-DISTRIB'YUSHN"

Claim sum

18 203 368 RUR

Claim category

Default of obligations under the contract

 

 

 

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 that Mr Lyapustin Aleksandr Vital'evich (as private person) does't have not paid taxes.

 

 

 

Financial Data

 


We couldn't get the financial data on the company of 2011 year, because there weren't company's financial data of 2011 year 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
01.01.2009

as at
01.01.2010

as at
01.01.2011

 

 

 

 

 

I. NON-CURRENT ASSETS

 

 

 

 

Intangible assets

110

1

1

1

Fixed assets

120

263568

394451

395831

Construction in progress

130

123862

426

9417

Income-bearing investments in tangible assets

135

-

-

-

Long-term financial investments

140

-

-

-

Deferred tax assets

145

15897

18783

31256

Other non-current assets

150

-

-

240

Total section I

190

403328

413661

436745

II. CURRENT ASSETS

 

 

 

 

Inventories

210

66325

89621

119048

including :

 

 

 

 

 raw materials and other inventories

211

61391

81091

109804

 livestock

212

-

-

-

 work in progress

213

2146

3173

4655

 finished goods and goods for resale

214

36

40

21

 goods dispatched

215

-

-

-

 expenses related to future periods

216

2752

5317

4568

 other supplies and expenditures

217

-

-

-

Value added tax on purchased goods

220

1657

1374

7495

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

85899

74797

114113

including :

 

 

 

 

 buyers and customers

241

53994

36431

39733

Short-term investments

250

30

30

9566

Monetary assets

260

1700

1394

10826

Other current assets

270

-

-

-

Total section II

290

155611

167216

261048

TOTAL SECTIONS I and II

300

558939

580877

697793


 


 


 


 


 

EQUITY AND LIABILITIES

 

 

 

 

 

 

 

 

 

III. EQUITY AND RESERVES

 

 

 

 

Share capital

410

458000

458000

458000

Treasury shares

411

-

-

-

Additional capital

420

106728

98581

98581

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

-140360

-189634

-255190

Total section III

490

424368

366947

301391

IV. NON-CURRENT LIABILITIES

 

 

 

 

Borrowings

510

-

22621

-

Deferred tax liabilities

515

3280

397

487

Other non-current liabilities

520

-

-

-

Total section IV

590

3280

23018

487

V. CURRENT LIABILITIES

 

 

 

 

Borrowings

610

51652

4161

183332

Accounts payable

620

79639

186751

56495

including :

 

 

 

 

 suppliers and contractors

621

72947

175177

36017

 salaries payable

622

3122

5253

5648

 payable to state non-budget funds

623

1302

895

1758

 taxes payable

624

2067

4960

3329

 other creditors

625

201

466

9743

Dividends payable to participants (shareholders)

630

-

-

-

Income of future periods

640

-

-

-

Reserves for future expenses
and payments

650

-

-

-

Other current liabilities

660

-

-

156088

Total section V

690

131291

190912

395915

TOTAL SECTIONS III,IV,V

700

558939

580877

697793

 

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

559931

475629

408220

Cost of goods, products, work, services sold

020

619590

506773

424527

Gross profit

029

-59659

-31144

-16307

Selling expenses

030

-

-

-

Administrative expenses

040

-

-

-

Profit (loss) from operations

050

-59659

-31144

-16307

OTHER INCOME AND EXPENSES

 

 

 

 

Interest income

060

18

25

5293

Interest expenses

070

13511

9172

7008

Income from investments in other companies

080

-

-

-

Other operating income

090

230469

48732

91836

Other operating expenses

100

235255

71632

121407

Non-operating income

120

-

-

-

Non-operating expenses

130

-

-

-

Profit (loss) before profit tax

140

-77938

-63191

-47593

Deferred tax assets

141

12473

5536

8009

Deferred tax liabilities

142

91

2337

17

Current profit tax

150

-

-

-

Net profit (loss) for the reporting period

190

-65556

-59992

-39601

 

 

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.54.44

UK Pound

1

Rs.83.77

Euro

1

Rs.71.33

 

 

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.