MIRA INFORM REPORT

 

 

Report Date :

12.11.2013

 

IDENTIFICATION DETAILS

 

Name :

MIRANDA GROUP, LLC

 

 

Registered Office :

44 Bazarna Str., Odessa, Odessa Region, 65025

 

 

Country :

Ukraine

 

 

Date of Incorporation :

07.02.2013

 

 

Com. Reg. No.:

38573430

 

 

Legal Form :

TOV (Limited Liability Company By Ukrainian Law)

 

 

Line of Business :

Wholesale of Food, Beverages and Tobacco.

 

 

No. of Employees :

Not Available

 

RATING & COMMENTS

 

MIRA’s Rating :

NB

 

RATING

STATUS

PROPOSED CREDIT LINE

----

NB

New Business

 

----

 

Status :

New Business

 

 

Payment Behaviour :

Unknown

 

 

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, 2013

 

Country Name

Previous Rating

(31.12.2012)

Current Rating

(31.03.2013)

Ukraine

B2

B2

 

Risk Category

ECGC

Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 

UKRAINE - ECONOMIC OVERVIEW

 

After Russia, the Ukrainian republic was the most important economic component of the former Soviet Union, producing about four times the output of the next-ranking republic. Its fertile black soil generated more than one-fourth of Soviet agricultural output, and its farms provided substantial quantities of meat, milk, grain, and vegetables to other republics. Likewise, its diversified heavy industry supplied the unique equipment (for example, large diameter pipes) and raw materials to industrial and mining sites (vertical drilling apparatus) in other regions of the former USSR. Shortly after independence in August 1991, the Ukrainian Government liberalized most prices and erected a legal framework for privatization, but widespread resistance to reform within the government and the legislature soon stalled reform efforts and led to some backtracking. Output by 1999 had fallen to less than 40% of the 1991 level. Ukraine's dependence on Russia for energy supplies and the lack of significant structural reform have made the Ukrainian economy vulnerable to external shocks. Ukraine depends on imports to meet about three-fourths of its annual oil and natural gas requirements and 100% of its nuclear fuel needs. After a two-week dispute that saw gas supplies cutoff to Europe, Ukraine agreed to 10-year gas supply and transit contracts with Russia in January 2009 that brought gas prices to "world" levels. The strict terms of the contracts have further hobbled Ukraine's cash-strapped state gas company, Naftohaz. Outside institutions - particularly the IMF - have encouraged Ukraine to quicken the pace and scope of reforms to foster economic growth. Ukrainian Government officials eliminated most tax and customs privileges in a March 2005 budget law, bringing more economic activity out of Ukraine's large shadow economy, but more improvements are needed, including fighting corruption, developing capital markets, and improving the legislative framework. Ukraine's economy was buoyant despite political turmoil between the prime minister and president until mid-2008. Real GDP growth exceeded 7% in 2006-07, fueled by high global prices for steel - Ukraine's top export - and by strong domestic consumption, spurred by rising pensions and wages. A drop in steel prices and Ukraine's exposure to the global financial crisis due to aggressive foreign borrowing lowered growth in 2008. Ukraine reached an agreement with the IMF for a $16.4 billion Stand-By Arrangement in November 2008 to deal with the economic crisis, but the program quickly stalled due to the Ukrainian Government's lack of progress in implementing reforms. The economy contracted nearly 15% in 2009, among the worst economic performances in the world. In April 2010, Ukraine negotiated a price discount on Russian gas imports in exchange for extending Russia's lease on its naval base in Crimea. In August 2010, Ukraine, under the YANUKOVYCH Administration, reached a new agreement with the IMF for a $15.1 billion Stand-By Agreement. Economic growth resumed in 2010 and 2011, buoyed by exports. After initial disbursements, the IMF program stalled in early 2011 due to the Ukrainian Government's lack of progress in implementing key gas sector reforms, namely gas tariff increases. Economic growth slowed in the second half of 2012 with Ukraine finishing the year in technical recession following two consecutive quarters of negative growth.

 

Source : CIA

 

company Identification

 

Full Name

:

Tovarystvo z obmezhenoyu vidpovidalnistyu MYRANDA GRUP

IGK-number

:

066-570-112

Name in English

:

MIRANDA GROUP, LLC

 

Office Address

:

44 Bazarna str., Odessa, Odessa region, 65025, Ukraine

 

 

 

 

Legal Address

:

44 Bazarna str., Odessa, Odessa region, 65025, Ukraine

 

 

 

 

Contacts

:

-

Phone

:

(+38 048) 7060109

-

E-mail

:

info@raydugalviv.uv

 

 

Summary

 

Legal Form                  : TOV (Limited Liability Company by Ukrainian Law)
Incorporation               : 2013

Staff                             : n/a

Litigation events          : n/a

Sales                           : n/a

 

Incorporation

:

2013

 

Registration Data

 

 

Date of registration

:

07.02.2013

Registration number

:

38573430

Registr. authority

:

Local Executive Committee (Odessa, Odessa region, Ukraine)

 

VAT number

:

385734315530

Registr. place

:

Ukraine

 

 

Number of VAT-certificate: 200117925 Cancellation date: 30.10.2013 Cause of cancellation: Was made a record of the absence of confirmation of the information of the legal entity Pretext of cancellation: Spearheaded by the Tax Administration.

 

Legal Form

:

TOV (Limited Liability Company by Ukrainian Law)

since 07.02.2013

 

 

 

 

Share Capital

:

250 000 UAH (registered)

since 07.02.2013

 

 

 

 

Shareholders

:

The information on the shareholders is closed by Ukrainian Business Law

 

Board / Executives      

 

Executives

 

 

Director

:

Mrs. Lahmatova Olga Kirillovna (Ukraine)

 

 

 

Authorised signature

:

Mrs. Lahmatova Olga Kirillovna

 

 

 

Activities

:

-

5099

Durable goods, not elsewhere classified

 

 

(NACE 5190: Other wholesale)

-

514

Groceries and Related Products

 

 

(NACE 5130: Wholesale of food, beverages and tobacco)

-

5153

Grains

 

 

(NACE 5121: Wholesale of grain, seeds and animal feeds)

-

5199

Nondurable goods, not elsewhere classified

 

 

(NACE 5190: Other wholesale)

 

 

 

 

 

 

Official data.

 

Staff employed

:

n/a

There is no current information in the official sources. The company's administration refused to provide this information either.

 

 

 

Export

:

None

 

Import

:

None

 

Facilities

 

 

Real estate

:

unknown ownership:

-

Premises - Office

 

address

:

44 Bazarna str., Odessa, Odessa region, 65025, Ukraine

 

 

 

 

 

Subsidiaries and Participation

:

n/a

 

Bankers

:

Registration file does not contain this information.

 

Litigation

:

There are no suits/litigation files recorded in the name of MYRANDA GRUP company registered at the web-site of the Unified State Register of the Legal Judgements.

 

 

According to the data of Bulletin of the State Registration as of 06.11.2013, there are no bankruptcy registered in the name of the subject company.

 

Remarks on payment

:

No official information is available according to the Ukrainian legislation.

 

Financial Elements

:

The official financial data is not available, because the subject is a recently established business.

The company's status is unknown at the State Tax Administration.

 

 

 

 

 

 

 

 

 

 

 

FINAL COMMENTS

 

The information given in this report was collected from all the sources accessible. We contacted Mrs Lahmatova Olga Kirilovna (director) on 06.11.2013 by the tel. number: +38 048 7060109. She only a few data and asked us to send a questionnaire. An inquiry was sent for the attention of the Director but no answer was received. If the additional information comes in we will update the subject report.

 

 

 

 

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.63.30

UK Pound

1

Rs.101.36

Euro

1

Rs.84.60

 

 

INFORMATION DETAILS

 

Report Prepared by :

NIT

 

 

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.