MIRA INFORM REPORT

 

 

Report Date :

19.11.2013

 

IDENTIFICATION DETAILS

 

Name :

ALTCHEM" LIMITED

 

 

Registered Office :

Mezhrayonnaya Inspektsiya Fns Rossii n 15 Po Sankt-Peterburgu,

 

 

Country :

Russia

 

 

Date of Incorporation :

16.04.2012

 

 

Com. Reg. No.:

1127847218058

 

 

Legal Form :

Limited Liability Companies

 

 

Line of Business :

Wholesale of non-agricultural intermediate products :

  • Processing and preserving of fish and fish products
  • Processing and preserving of fruit and vegetables

 

 

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 :

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 – March 31st, 2013

 

Country Name

Previous Rating

(31.12.2012)

Current Rating

(31.03.2013)

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 identification

 

OOO "AltKHim"

Tel

79215568598

PROSP KONDRATEVSKIY 62 KORP 3 KV 200

 

 

195271 G SANKT-PETERBURG

 

 

Russia

 

 

 

Crefo Nr.

9496674468

Registration:

MEZHRAYONNAYA INSPEKTSIYA

 

 

 

FNS ROSSII N 15 PO SANKT-

 

 

 

PETERBURGU

Statistical Nr.

38175825

Registration Nr.

1127847218058

Tax Nr.

7804483544

Status

active

 

 

Economic situation

 

Business connection

Business connection is not denied. Credit is not assigned, it requires securities.

(41)

Terms of payment

No complaints / delays of payments are known.

(39)

 

 

Basic information

 

Legal form

Limited liability companies (OOO)

 

Founded         

16/04/2012 as Limited liability companies (OOO)

 

Registration    

16/04/2012, MEZHRAYONNAYA INSPEKTSIYA FNS ROSSII N 15 PO SANKT-PETERBURGU, 1127847218058 Statistical Nr.: 38175825 Tax Nr.: 7804483544

 

 

Registered names

 

Valid from

Short name

Valid until

 

OOO "AltKHim"

 

Valid from

Full name

Valid until

 

OOO "AltKHim"

 

Valid from

Name in foreign language

Valid until

 

"AltChem" Limited

 

 


 

Owners and Capital

 

Crefo Nr.

Name / Address / Status

From

Share

Owner

9512834721

ALEKSANDR SERGEEVICH TSVETKOV

Tax Nr.: 780400405202

 

100%

 

 

Registered capital

 

Date                 Currency          Value

17/04/2012        RUB                 10 000

 

 

Management

 

Crefo Nr.

Name / Address / Status

Since            Power of attorney

Sole Executive Body

9512834721

Managing director

ALEKSANDR SERGEEVICH TSVETKOV Tax Nr.: 780400405202

 

 

 

Company addresses

 

Valid from

Residence address

Valid until

 

PROSP KONDRATEVSKIY 62 KORP 3 KV 200,   195271  G SANKT-PETERBURG, Russia

 

Valid from

Permanent address

Valid until

 

Piskarevskiy prospekt 25, ofis 1002, g. Sankt-Peterburg, Russia Tel: 79215568598

 

 

 

Business activities

 

Main activity

Nace

Wholesale of non-agricultural intermediate products

51.5

Additional activities

Nace

Production

15.1

Processing and preserving of fish and fish products

15.2

Processing and preserving of fruit and vegetables

15.3

Manufacture of vegetable and animal oils and fats

15.4

Manufacture of dairy products

15.5

Manufacture of beverages

15.9

Manufacture of paints

24.3

Manufacture of structural metal products

28.1

Sale of motor vehicles

50.1

Wholesale on a fee or contract basis

51.1

Wholesale of agricultural raw materials and live animals

51.2

Wholesale of food

51.3

Wholesale of household goods

51.4

Wholesale of machinery and equipments

51.6

Other wholesale trade

51.7

Retail sale in non-specialized stores

52.1

Retail sale of food

52.2

Retail sale of pharmaceutical and medical goods

52.3

Other retail sale of new goods in specialized stores

52.4

Retail sale of second-hand goods in stores

52.5

Retail sale not in stores

52.6

Other land transport

60.2

Cargo handling and storage

63.1

Other supporting transport activities

63.2

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

63.3

Real estate activities with own property

70.1

Letting of own property

70.2

Real estate activities on a fee or contract basis

70.3

 

Renting of other transport equipment

71.2

Renting of other machinery and equipment

71.3

Advertising

74.4

Labour recruitment and provision of personnel

74.5

Other service activities

93.0

 

 

Economic data

 

Supplementary data

 

Remarks          

 

The main activity of OOO "AltKHim" according to the open sources is

wholesale of non-agricultural intermediate products

 

The subject does not disclose its financial data in official register

and contact information in open sources.

 

During the research the representative rejected to inform, if

business premises are rented or owned by the subject.

 

No affiliation of the subject with other companies was found through

Tsvetkov Aleksandr Sergeevich (INN: 780400405202), managing director

and the sole owner of OOO "AltKHim".

 

The subject did not participate in court cases.

No negative information was found about the company in open sources.

 

 

Main indices

 

Payment experience and credit opinion

Terms of payment

No complaints / delays of payments are known.

Business connection

Business connection is not denied. Credit is not assigned, it requires securities.

 

 

Business development

 

Company development

Constant company development.

Business course

Satisfactory order situation.

 

Events

No negative events registered.

 

Balances

There are no balance sheets registered.

 

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.62.63

UK Pound

1

Rs.101.06

Euro

1

Rs.84.56

 

 

INFORMATION DETAILS

 

Report Prepared by :

NIS

 

 

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.