MIRA INFORM REPORT

 

 

Report Date :

13.12.2013

 

IDENTIFICATION DETAILS

 

Name :

OOO FRUTMIKS

 

 

Registered Office :

Pr Stupinskiy D 1 A, Str 7, 117546 g Moskva

 

 

Country :

Russia

 

 

Date of Incorporation :

05.12.2011

 

 

Com. Reg. No.:

1117746982836

 

 

Legal Form :

Limited Liability Companies

 

 

Line of Business :

·         Wholesaler of fruit and vegetables

·         Manufacturer of fruit and vegetable juice

·         Manufacturer of vegetable and animal oils and fats

·         Manufacturer of grain mill products

·         Processing and preserving of fruit and vegetables

 

 

No. of Employees :

Not Available 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ca

 

RATING

STATUS

PROPOSED CREDIT LINE

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

 

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 – September 30th, 2013

 

Country Name

Previous Rating

(30.06.2013)

Current Rating

(30.09.2013)

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. 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 also a top exporter of metals such as steel and primary aluminum. Russia's reliance on commodity exports makes it vulnerable to boom and bust cycles that follow the volatile swings in global 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 visible 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 economic decline bottomed out in mid-2009 and the economy began to grow again in the third quarter of 2009. High oil prices buoyed Russian growth in 2011-12 and helped Russia reduce the budget deficit inherited from 2008-09. Russia has reduced unemployment to a record low and has lowered inflation below double digit rates. Russia joined the World Trade Organization in 2012, which will reduce trade barriers in Russia for foreign goods and services and help open foreign markets to Russian goods and services. At the same time, Russia has sought to cement economic ties with countries in the former Soviet space through a Customs Union with Belarus and Kazakhstan, and, in the next several years, through the creation of a new Russia-led economic bloc called the Eurasian Economic Union. Russia has had difficulty attracting foreign direct investment and has experienced large capital outflows in the past several years, leading to official programs to improve Russia's international rankings for its investment climate. Russia's adoption of a new oil-price-based fiscal rule in 2012 and a more flexible exchange rate policy have improved its ability to deal with external shocks, including volatile oil prices. Russia's long-term challenges also include a shrinking workforce, rampant corruption, and underinvestment in infrastructure.

 

Source : CIA

 

 

 


Company name & address

 

OOO "FRUTMIKS"
pr Stupinskiy d 1 A, str 7, 
117546 g Moskva, Russia

 

Company summary

 

 

Company development

Constant company development.

 

 

Business course

Satisfactory order situation.

 

Terms of payment

No complaints / delays of payments are known.

 

 

Business connection

Business connection may be risky. Credit is not recommended. Prepayment.

 

Legal form

Limited liability companies (OOO)

 

 

Established on

05/12/2011 - Limited liability companies (OOO)

Registered on

05/12/2011, Mezhrayonnaya inspektsiya Federalnoy nalogovoy sluzhby № 46 po g. Moskve, RegNr.: 1117746982836
Tax number: 7724814920
Statistical number: 37287700

 

Registered capital

 

RUB

12 500,-

 

Owner

Aleksey Nikolaevich Kuraev

%

100

 

 

Sole Executive Body

Aleksey Nikolaevich Kuraev
Managing director

General data

Main activity:
Wholesale of fruit and vegetables



 

 

Full name:
OOO "FRUTMIKS"

 

Short name:
OOO "FRUTMIKS"

 

 

 

 

Residence address:
pr Stupinskiy d 1 A, str 7, 117546 g Moskva

 

Other activities

 

 

 

 

 

Growing of cereals and other crops n.e.c.

 

Growing of fruit

 

 

Growing of crops combined with farming of animals (mixed farming)

 

Processing and preserving of fruit and vegetables

 

 

Processing and preserving of potatoes

 

Manufacture of fruit and vegetable juice

 

 

Processing and preserving of fruit and vegetables n.e.c.

 

Processing and preserving of fruit and vegetables n.e.c.

 

 

Processing and preserving of fruit and vegetables n.e.c.

 

Processing and preserving of fruit and vegetables n.e.c.

 

 

Manufacture of vegetable and animal oils and fats

 

Manufacture of dairy products

 

 

Operation of dairies and cheese making

 

Manufacture of ice cream

 

 

Manufacture of grain mill products

 

Site preparation

 

 

Sale of motor vehicles

 

Maintenance and repair of motor vehicles

 

 

Sale of motor vehicle parts and accessories

 

Wholesale on a fee or contract basis

 

 

Wholesale of fruit and vegetables

 

Wholesale of fruit and vegetables

 

 

Wholesale of meat and meat products

 

Wholesale of meat and meat products

 

 

Wholesale of meat and meat products

 

Wholesale of meat and meat products

 

 

Wholesale of clothing and footwear

 

Wholesale of wood

 

 

Wholesale of hardware

 

Wholesale of machinery and equipments

 

 

Retail sale in non-specialized stores with food

 

Retail sale in non-specialized stores with food

 

 

Retail sale of food

 

Retail sale of textiles

 

 

Retail sale of footwear and leather goods

 

Retail sale of furniture

 

 

Retail sale of electrical household appliances and radio and television goods

 

Retail sale of hardware

 

 

Hotels

 

Restaurants

 

 

Bars

 

Canteens and catering

 

 

Cargo handling and storage

 

Cargo handling

 

 

Cargo handling

 

Cargo handling

 

 

Storage and warehousing

 

Storage and warehousing

 

 

Storage and warehousing

 

Storage and warehousing

 

 

Storage and warehousing

 

Other supporting land transport activities

 

 

Other supporting land transport activities

 

Other supporting land transport activities

 

 

Activities of travel agencies and tour operators; tourist assistance activities n.e.c.

 

Activities of other transport agencies

 

 

Real estate activities with own property

 

Letting of own property

 

 

Real estate activities on a fee or contract basis

 

Renting of automobiles

 

 

Renting of agricultural machinery and equipment

 

Renting of construction and civil engineering machinery and equipment

 

 

Renting of office machinery and equipment

 

Hardware consultancy

 

 

Maintenance and repair of office

 

Activities in the field of law, accounting and auditing consultancy

 

 

Business and management consultancy activities

 

Miscellaneous business activities n.e.c.

 

 

Other business activities not elsewhere classified

 

Remarks

The main activity of OOO "FRUTMIKS" is trade of fruits and vegetables. The subject does not disclose its financial statement and contact information.
According to the official sources the subject is in reorganization process since 18.10.2013 in form of accession. As a result the subject company will join OOO “Premium” (INN: 3702672880) and cease its operations.
It should be noted, that on 25.09.2013 the share capital of the company was reduced from 100 000 RUB to 12 500 RUB.
During the research the affiliation of the subject was found out through the managing director, Aleksey Nikolaevich Kuraev (INN: 130601225804), with:
OOO "BIONATS" – INN: 7702767709; Krasnodar. He is the managing director and the owner of 100% of share capital of the company.
OOO "ONIKS" – INN: 7701697985; Moscow. He is the managing director and the owner of 100% of share capital of the company.
The subject did not participate in court cases.

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.61.62

UK Pound

1

Rs.100.84

Euro

1

Rs.84.98

 

INFORMATION DETAILS

 

Report Prepared by :

MNL

 

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.