MIRA INFORM REPORT

Report Date :

30.08.2014

IDENTIFICATION DETAILS

Name :	OOO NASH DOM
Registered Office :	Ul ZHukovskogo d 47 2Н литер А, 191014 g Sankt-Peterburg
Country :	Russia
Financials (as on) :	31.12.2012
Date of Incorporation :	09.08.2001
Com. Reg. No.:	1037843016870
Legal Form :	Limited liability companies
Line of Business :	· Wholesale of china and glassware · Wholesale of other household goods
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 :	No complaints
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.

RUSSIA ECONOMIC OVERVIEW

Russia has undergone significant changes since the collapse of the Soviet Union, moving from a globally-isolated, centrally-planned economy towards a more market-based and globally-integrated economy, but stalling as a partially reformed, statist economy with a high concentration of wealth in officials' hands. 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. Russia is one of the world's leading producers of oil and natural gas and is also a top exporter of metals such as steel and primary aluminum. Russia's manufacturing sector is generally uncompetitive on world markets and is geared toward domestic consumption. Russia's reliance on commodity exports makes it vulnerable to boom and bust cycles that follow the volatile swings in global prices. The economy, which had averaged 7% growth during 1998-2008 as oil prices rose rapidly, 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. Slowly declining oil prices over the past few years and difficulty attracting foreign direct investment have contributed to a noticeable slowdown in GDP growth rates. In late 2013, the Russian Economic Development Ministry reduced its growth forecast through 2030 to an average of only 2.5% per year, down from its previous forecast of 4.0 to 4.2%. In 2014, following Russia's military intervention in Ukraine, prospects for economic growth declined further, with expections that GDP growth could drop as low as zero

Source : CIA

Company name and address

OOO "NASH DOM"

ul ZHukovskogo d 47 2Н литер А,
191014 g Sankt-Peterburg

Tel: 78127198494
Telefax: 78127198525
E-Mail: nd@nashdom.spb.ru
Web: www.nashdom.spb.ru

COMPANY SUMMARY

Legal form	Limited liability companies (OOO)
Established on		09/08/2001 - Limited liability companies (OOO)

Registered on	24/01/2003, Mezhrayonnaya inspektsiya Federalnoy nalogovoy sluzhby № 15 po Sankt-Peterbrgu, RegNr.: 1037843016870 Tax number: 7811001103 Statistical number: 11124538
Registered capital		RUB	10 000,-

Owner	Sergey Leonidovich SHCHelkunov	%	55
	Oleg Evgenevich SHkuratov	%	45

Sole Executive Body		Sergey Leonidovich SHCHelkunov Director
General data	Main activity: Wholesale of china and glassware		(51.44.2)

Full name:
Obshchestvo s ogranichennoy otvetstvennostyu "Nash dom"

Name in foreign language:
"Nash dom" Ltd

Short name:
OOO "Nash dom"

Residence address:
ul ZHukovskogo d 47 2Н литер А, 191014 g Sankt-Peterburg
Tel:
78127198494
Telefax:
78127198525
E-Mail:
nd@nashdom.spb.ru
Web:
www.nashdom.spb.ru

Shop address:
Nevskiy prospekt d 48 1, 195043 g Sankt-Peterburg
Tel:
78123123196

Novinskiy bulvar d 8 6, 121099 g Moskva
Tel:
74957254001

Krasnaya ploshchad d 3, 103012 g Moskva
Tel:
74956203408

OOO "Nash dom" sales porcelain, drinking vessels from crystal and glass, tableware and home furnishings in top-price segment through its retail shops. The company also sales per online orders. According to official web site, the company is the distributor of products of Goebel, Callisto Classic Crystal, Rosenthal, Ercolano, Cristallerie de Montbronn, Ceramic world, Chinelli, Albert Stahl, Isac, Ideal Gift, T.Z.Decoration, Walther-Glas, Tom's Drag, Sitzendorf, Kaiser, Dankotuwa, Ebano, Combi, ROBBE & BERKING, Rogaska, Reichenbach, Hering Berlin, Rosenthal, Royal Copenhagen, Bergmann Exklusiv Porzellan.

Other activities

:
Wholesale of china and glassware	(51.44.1)

		Wholesale of other household goods				(51.47.34)
Annual turnover	31/12/2011		Enterprise turnover	RUB	81 744 000,-

	31/12/2012		Enterprise turnover	RUB	78 855 000,-
Remarks		Company provided the last information about its financial statement to the Federal Service of State Statistics in 2012. Through the managing director, Sergey Leonidovich Shchelkunov (INN: 781105303607), the affiliation of the subject was found with: -IP Sergey Leonidovich Shchelkunov - Reg. number: 312784731400116, g Sankt-Peterburg. -OOO "Nash Dom-1" - INN: 7841307755, g Sankt-Peterburg. Sergey Leonidovich Shchelkunov is the owner of 55% of share capital of the company. -OOO "Nash Dom M" - INN: 7704642769, g Moskwa. Sergey Leonidovich Shchelkunov is the owner of 55% of share capital of the company. According to available information, the company had state contracts for the total sum: In 2011: 998000,00 RUB The company did not participate in court cases. Acсording to information, disclosed by the Federal Tax Service, OOO "Nash Dom" does not have tax arrears, company is not going to be excluded from the state register as non-active. According to information, disclosed by the Pension Fund of Russian Federation, OOO "Nash Dom" does not have delays in social payments. According to information, disclosed by the Federal Labor Service, OOO "Nash Dom" does not plan to attract foreign employees. OOO "Nash Dom" is not in the list of default debtors, the Register of unfair suppliers, the blacklist of Russian companies. The management of company is not in the list of default debtors, the register of disqualified persons, the blacklist of Russian Private Persons.

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)

FINANCIAL DATA

balance	A 31.12.2011	B 31.12.2012	C
1. ASSETS
Tangible non-current assets	2 706	2 019
Intangible, financial and other non-current assets	27	24
Resources	74 654	74 945
Cash and cash equivalents	7 814	2 613
Financial and other current assets	20 755	17 856
BALANCE	105 956	97 457
2. LIABILITIES
Capital and reserves	50 087	50 119
Long-term debt	35 463	28 963
Other long-term liabilities	0	0
Short-term borrowings	0	0
Payables	20 406	18 321
Other short-term liabilities	0	54
BALANCE	105 956	97 457
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	81 744	78 855
Expenditure on ordinary activities	80 782	78 117
Outstanding interest	15	0
Other income	239	311
Other expenses	1 072	891
Taxes on income (profit)	108	126
Net income (loss)	6	32
Ratios
Ratios			2011		2012

Quick ratio	n/a	n/a
Current ratio	n/a	5,19

Average Collection Period	n/a	n/a
Payables turnover Period	n/a	n/a

Debt ratio	n/a	0,49
Equity to total assets ratio	n/a	0,51

Funding ratio	n/a	1,06
Return on sales	n/a	0

Return on Assets	n/a	0
Return on Equity	n/a	0

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.60.48
UK Pound	1	Rs.100.35
Euro	1	Rs.79.86

INFORMATION DETAILS

Analysis Done by :	DIV
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%)

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