MIRA INFORM REPORT

 

 

Report Date :

12.11.2013

 

IDENTIFICATION DETAILS

 

Name :

OOO "Best"

 

 

Registered Office :

Pr Novovladykinskiy d 8, str 4, 127106 g Moskva

 

 

Country :

Russian Federation

 

 

Financials (as on) :

31.12.2012

 

 

Date of Incorporation :

19.12.2007

 

 

Com. Reg. No.:

1077764067831

 

 

Legal Form :

Limited liability companies

 

 

Line of Business :

Processing of tea and coffee

 

 

No. of Employees :

Not Available

 

 

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 :

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)

Russian Federation

A2

A2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 

RUSSIAN FEDERATION - 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 and address

 

OOO "Best"
pr Novovladykinskiy d 8, str 4,
127106 g Moskva
Tel:                   73812559922
Telefax:             73812551089
E-Mail:              office@teaworld.ru
Web:                www.teaworld.ru

 

 

 

Business course

Satisfactory order situation.

 

Terms of payment

As far as know, punctually.

 

 

Legal form

Limited liability companies (OOO)

 

 

Established on

19/12/2007 - Limited liability companies (OOO)

Registered on

19/12/2007, Mezhrayonnaya inspektsiya Federalnoy nalogovoy sluzhby №46 po g. Moskve., RegNr.: 1077764067831
Tax number: 7715680597
Statistical number: 84146482

 

Registered capital

 

RUB

10 000,-

 

Owner

Nataliya Vyacheslavovna SHtalenkova

%

100

 

 

Employees

Natalya Vladimirovna Stalinkova
Director of accounting

Sole Executive Body

Nataliya Vyacheslavovna SHtalenkova
Managing director

 

General data

Main activity:
Processing of tea and coffee


 

 

Full name:
OOO "Best"

 

 

Short name:
OOO "Best"

 

 

 

 

Residence address:
pr Novovladykinskiy d 8, str 4, 127106 g Moskva

 

Permanent address:
ul. 1-ya Kazakhstanskaya 32, 644036 g. Omsk
Tel:
73812559922
Telefax:
73812551089
E-Mail:
office@teaworld.ru
Web:
www.teaworld.ru

 

Other activities

 

:

 

 

 

Agents involved in the sale of a variety of goods

(51.19)

 

Wholesale of coffee

(51.37)

 

 

Activities of other transport agencies

(63.40)

 

Advertising

(74.40)

 

Annual turnover

31/12/2007

Enterprise turnover

RUB

0,-

 

 

31/12/2008

Enterprise turnover

RUB

137 957 000,-

 

 

 

31/12/2009

Enterprise turnover

RUB

286 390 000,-

 

 

31/12/2010

Enterprise turnover

RUB

293 865 000,-

 

 

 

31/12/2011

Enterprise turnover

RUB

286 592 000,-

 

 

31/12/2012

Enterprise turnover

RUB

241 534 000,-

 

 

Remarks

Due to the reason, that OOO "Best" is in reorganization process, the Creditreform solvency index is not provided.
The main activity of OOO "Best" is production of tea and coffee. The subject is a member of group of companies “Chayny Mir”. The group produces the tea under the brands: Vdokhnovenie, Altin, fruktovaya linia, Tea garten etc. The raw materials are imported from China and India.
The subject according to the official sources is in reorganization process in form of joining. As a result OOO “Bakaleya Treid" ( INN:7731523665) will join the subject.
During the phone call the representative informed, that the business premises are rented by the company.
No affiliation of the subject with other entities was found trough the managing director, Shtalenkova Nataliya Vyacheslavovna.
No negative information was found about the subject in open sources.

A. The enclosed balance of 2011 is originated from official source, no data available about authentication. (31.12.2011 - 1000 RUB)
B. The enclosed balance of 2012 is originated from official source, no data available about authentication. (31.12.2012 - 1000 RUB)

 

balance

A 31.12.2011

B 31.12.2012

C

1. ASSETS

 

 

 

Tangible non-current assets

0

0

 

Intangible, financial and other non-current assets

319

286

 

Resources

49 681

41 305

 

Cash and cash equivalents

3

15

 

Financial and other current assets

8 314

6 784

 

BALANCE

58 317

48 390

 

2. LIABILITIES

 

 

 

Capital and reserves

1 494

1 639

 

Long-term debt

15 000

15 000

 

Other long-term liabilities

0

0

 

Short-term borrowings

19 889

11 000

 

Payables

21 934

20 751

 

Other short-term liabilities

0

0

 

BALANCE

58 317

48 390

 

A. The enclosed profit and loss account of 2011 is originated from official source, no data available about authentication. (31.12.2011 - 1000 RUB)
B. The enclosed profit and loss account of 2012 is originated from official source, no data available about authentication. (31.12.2012 - 1000 RUB)

 

profit and loss account

A 31.12.2011

B 31.12.2012

C

Turnover

286 592

241 534

 

Expenditure on ordinary activities

284 735

238 025

 

Outstanding interest

2 078

3 039

 

Other income

6 741

918

 

Other expenses

6 426

1 149

 

Taxes on income (profit)

60

93

 

Net income (loss)

34

146

 

 

 

Ratios

 

2011

2012

 

Quick ratio

0,14

n/a

 

 

Current ratio

1,26

1,51

 

Average Collection Period

5,65

n/a

 

 

Payables turnover Period

45,28

n/a

 

Debt ratio

0,97

0,97

 

 

Equity to total assets ratio

0,03

0,03

 

Funding ratio

0,03

0,04

 

 

Return on sales

0,01

0

 

Return on Assets

3,72

0,07

 

 

Return on Equity

2,3

0,18

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.63.29

UK Pound

1

Rs.101.36

Euro

1

Rs.84.59

 

 

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.