MIRA INFORM REPORT

 

 

Report Date :

11.06.2014

 

IDENTIFICATION DETAILS

 

Name :

NURSAT TRADING TOO

 

 

Registered Office :

Severnoe Koltso Street 7, Zhetysuskiy District, Almaty 050050

 

 

Country :

Kazakhstan

 

 

Date of Incorporation :

24.01.2013

 

 

Com. Reg. No.:

88

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

Non specialized wholesale trade

 

 

No of Employees :

Not Available

 

 

RATING & COMMENTS

 

MIRA’s Rating :

NB

 

RATING

STATUS

PROPOSED CREDIT LINE

--

NB

                                       New Business

 

--

 

Status :

New Company

 

 

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 31, 2014

 

Country Name

Previous Rating

(31.12.2013)

Current Rating

(31.03.2014)

Kazakhstan

B1

B1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low Risk

 

A2

Moderate Low Risk

 

B1

Moderate Risk

 

B2

Moderate High Risk

 

C1

High Risk

C2

Very High Risk

 

D

 


 

KAZAKHSTAN - ECONOMIC OVERVIEW

 

Kazakhstan, geographically the largest of the former Soviet republics, excluding Russia, possesses enormous fossil fuel reserves and plentiful supplies of other minerals and metals, such as uranium, copper, and zinc. It also has a large agricultural sector featuring livestock and grain. In 2002 Kazakhstan became the first country in the former Soviet Union to receive an investment-grade credit rating. Extractive industries have been and will continue to be the engine of Kazakhstan's growth, although the country is aggressively pursuing diversification strategies. Landlocked, with restricted access to the high seas, Kazakhstan relies on its neighbors to export its products, especially oil and grain. Although its Caspian Sea ports, pipelines, and rail lines carrying oil have been upgraded, civil aviation and roadways continue to need attention. Telecoms are improving, but require considerable investment, as does the information technology base. Supply and distribution of electricity can be erratic because of regional dependencies, but the country is moving forward with plans to improve reliability of electricity and gas supply to its population. At the end of 2007, global financial markets froze up and the loss of capital inflows to Kazakhstani banks caused a credit crunch. The subsequent and sharp fall of oil and commodity prices in 2008 aggravated the economic situation, and Kazakhstan plunged into recession. While the global financial crisis took a significant toll on Kazakhstan's economy, it has rebounded well, helped by prudent government measures. Rising commodity prices have helped the recovery. Despite solid macroeconomic indicators, the government realizes that its economy suffers from an overreliance on oil and extractive industries, the so-called "Dutch disease." In response, Kazakhstan has embarked on an ambitious diversification program, aimed at developing targeted sectors like transport, pharmaceuticals, telecommunications, petrochemicals and food processing. In 2010 Kazakhstan joined the Belarus-Kazakhstan-Russia Customs Union in an effort to boost foreign investment and improve trade relationships

 

Source : CIA

 

 


COMPANY NAME

 

Nursat Trading TOO (Correct)

Nusrat Trading LLC (Requested)

 

 

ADDRESS

 

Street                           : Severnoe Koltso Street 7

 

Area                             : Zhetysuskiy District

 

Town                            : Almaty 050050

Country                         : Kazakhstan

 

Mobiles                        : (7 701) 556 6557 (unobtainable) / (7 707) 771 9847 (unattended)

 

Extended Name            : Nursat Trading Tovarishchestvo s Ogranichennoy Otvetstvennostyu

 

English Translation        : Nursat Trading LLP

 

Also known as               : Nursat Trading ZhShS

 

 

SENIOR COMPANY PERSONNEL

 

Name                                                   Position

 

Usen Mukhambetaliuly Zhankabyl         Managing Director

 

 

PAYMENTS

 

No trade experience of payments has been traced.

 

Subject is a newly established company incorporated on 24 January 2013.

 

Our sources could not contact the company and obtain a direct interview. According to our the following two mobile numbers are listed for the subject: (7 701) 556 6557 and (7 707) 771 9847.  

 

This numbers are currently unobtainable (out of order). No other telephone numbers are listed for the subject at the local telephone directory. 

 

Information in this report was obtained from the third party sources only.   

 

Opinion on maximum credit : As the subject has recently been established and has no financial or                            payment track record, we recommend dealing on fully secured terms.

 

Trade risk assessment: High

 

It is normal accepted practice for international suppliers to deal on secured terms with Kazakhstani importers.

 

 

PRINCIPAL BANKERS

 

NAME               : BANK TSENTRKREDIT AO

 

Branch              : Rozybakieva Street 111

Town                : Almaty

 

Telephone         : (7 727) 316 0209 / 244 3000

Fax                   : (7 727) 258 4510  

Acc. No.           : KZ068560000005700187

Acc. No.           : KZ548560000005700196

BIK                   : KCJBKZKX (190501719)

Tax No.             : RNN 600700033173

 

The above bank was been contacted and the officials could not reveal any information regarding the subject, as it is kept in strict confidentiality according to its banking code.

 

 

FINANCIAL INFORMATION

 

As the Company has only recently been established, relevant financial information is not available.

 

 

LEGAL STATUS AND HISTORY

 

Date Started                             : 24 January 2013

 

C.R. No.                                   : 88

 

Tax No.                                     : RNN 600500597856

 

Business Identification No.        : BIN 130140015463

 

VAT No.                                    : Series 60001, No. 0060889 (issued on : 6 March 2013)

 

Authorised Capital                     : TENGE 30,000,000

 

Paid-Up Capital                         : TENGE 30,000,000

 

Tovarishchestvo s Ogranichennoy Otvetstvennostyu (limited liability company) with the following sole shareholder :

 

Usen Mukhambetaliuly Zhankabyl                              100%

(Kazakhstani national / RNN 430720186338 / IIN/BIN 850101308318 /

ID No.: 024528890, issued on 22 January 2010)

 

 

ACTIVITIES

 

The Company is involved in the following activities :

Registered activity :       Non-specialised wholesale trade.

 

NACE Code:                 4690

 

 

FACILITIES

 

The Company has the following facilities :

 

Registered offices located at the heading address.

 

 

REGISTERED OFFICE

 

Severnoe Koltso Street 7

Zhetysuskiy District

Almaty 050050

 

 

SPECIAL NOTE

 

You enquired on: Nusrat Trading LLC. Please note that the correct name is as per heading.  

 

The address which you provided: Office 48, Grand Nur Plaza Business Centre Building District No 29 Aktau City is could not be verified.

 

Interviewed: Third Party Sources.

 

 

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs. 59.26

UK Pound

1

Rs. 99.62

Euro

1

Rs. 80.59

 

 

INFORMATION DETAILS

 

Analysis Done by :

DIV

 

 

Report Prepared by :

DPT

 

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.