|
Report Date : |
21.10.2014 |
IDENTIFICATION DETAILS
|
Name : |
CENTRAL TOURIST HOUSE CO. LTD |
|
|
|
|
Registered Office : |
Prosp Leninskiy d 146, 119526 g Moskva |
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|
|
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Country : |
Russia |
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|
|
|
Financials (as on) : |
31.12.2013 |
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|
|
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Date of Incorporation : |
23.03.1994 |
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|
|
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Com. Reg. No.: |
1027739415131 |
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|
|
|
Legal Form : |
Closed and joint-stock
companies (ZAO) |
|
|
|
|
Line of Business : |
·
Hotels
with restaurants
|
|
|
|
|
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 – June 1, 2014
|
Country Name |
Previous Rating (31.03.2014) |
Current Rating (01.06.2014) |
|
Russia |
A2 |
B1 |
|
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 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 |
ZAO "TSDT"
prosp Leninskiy d 146,
119526 g Moskva
Tel: 74956411000
Telefax: 74956411000
E-Mail: info@astrus.ru
Web: www.astrus.ru
Legal form Closed and joint-stock companies (ZAO)
Established on 23/03/1994 - Closed and joint-stock companies (ZAO)
Registered on 21/10/2002, Mezhrayonnaya inspektsiya Ministerstva Rossiyskoy
Federatsii po nalogam i sboram ¹39 po g. Moskve, RegNr.:
1027739415131
Tax number: 7729009861
Statistical number: 02592387
Registered RUB 8 177 297,-
capital
Sole Executive Gennadiy Vasilevich SHipilov
Body Managing director
General data Main activity:
Hotels with restaurants (55.11)
Full name:
Zakrytoe aktsionernoe obshchestvo "TSENTRALNYY DOM TURISTA"
Name in foreign language:
"CENTRAL TOURIST HOUSE CO. LTD"
Short name:
ZAO "TSDT"
Residence address:
prosp Leninskiy d 146, 119526 g Moskva
Tel:
74956411000
Telefax:
74956411000
E-Mail:
info@astrus.ru
Web:
www.astrus.ru
Other
activities
:
Manufacture of lifting and handling equipment (29.22.9)
Construction of motorways (45.23)
Installation of electrical
wiring and fittings (45.31)
Plastering
(45.41)
Joinery installation (45.42)
Floor and wall covering (45.43)
Painting and glazing (45.44)
Other building completion (45.45)
Retail sale in non-specialized
stores with food (52.11)
Retail sale of alcoholic and
other beverages (52.25)
Retail sale of tobacco
products (52.26)
Restaurants (55.30)
Bars
(55.40)
Catering
(55.52)
Other supporting land transport
activities (63.21.24)
Letting of own property (70.20.2)
Other business activities not
elsewhere (74.84)
classified
Social work activities without
accommodation (85.32)
Other entertainment activities
n.e.c. (92.34)
Annual turnover
31/12/2006 Enterprise turnover
RUB 224 937 000,-
31/12/2007 Enterprise turnover RUB 303 346 000,-
31/12/2008 Enterprise turnover RUB 447 049 000,-
31/12/2009 Enterprise turnover RUB 405 703 000,-
31/12/2010 Enterprise turnover RUB 429 340 000,-
31/12/2011 Enterprise turnover RUB 507 090 000,-
31/12/2012 Enterprise turnover RUB 554 113 000,-
31/12/2013 Enterprise turnover RUB 580 296 000,-
Remarks As open sources inform, ZAO “TSDT” specializes in hotel
business. It operates 3-star hotel “Astrus”.
During phone conversation representative of company said that
hotel at 119526, Moscow, Leninskiy prospekt, 146 is owned by
the company.
The registrar of company is closed so information about
shareholders is unknown.
According to the research, managing director of company,
Shpilov Gennagiy Vasilevich is affiliated:
ZAO “TSDT na leninskom" – INN: 7729761197, Moscow. He is managing director of company.
According to the research, affiliation through the director with other legal persons has not been revealed.
State contracts:
2013: 501 943 RUB
2012: 312 279 RUB
Company did not participate in court cases.
According to the information, disclosed by the Federal Tax Service, , ZAO “TSDT” does not have tax arrears, the company is not going to be excluded from the state register as non-active.
According to the information, disclosed by the Pension Fund of Russian Federation, ZAO “TSDT” does not have delays in social payments.
According to the information, disclosed by the Federal Labor Service, ZAO “TSDT” does not plan to attract foreign employees.
According to the research, ZAO “TSDT” does not meet the most frequently encountered in practice characteristics of unreliable companies (so-called “shell” companies), developed by the Federal Tax Service of Russian Federation.
ZAO “TSDT” is not in the list of default debtors, the Register of unfair suppliers, the blacklist of Russian companies.
The management of the 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) - Warning! The figures
stated in the
balance sheet may contain error(s).
B. The enclosed
balance of 2012 is originated from official source, no data
available about
authentication. (31.12.2012 - 1000 RUB) - Warning! The figures
stated in the
balance sheet may contain error(s).
C. The enclosed
balance of 2013 is originated from official source, no data
available about
authentication. (31.12.2013 - 1000 RUB) - Warning! The figures
stated in the
balance sheet may contain error(s).
balance A 31.12.2011 B 31.12.2012 C 31.12.2013
1.
ASSETS
I.
FIXED ASSETS
Intangible
assets 0 0 0
The
results of research and
0 0 0
development
Intangible
research assets 0 0 0
Tangible
research assets
0 0 0
Fixed
assets
153 008
163 383 50 189
Profitable
investments in 0 0 0
tangible
assets
Financial
investments
0 0 0
Deferred
tax assets
117 166 119
Other
non-current assets
0 0 0
TOTAL
IN SECTION I.
153 125
163 549 50 308
II.
CURRENT ASSETS
Inventories 13 976 15 287 14 646
VAT
on acquired assets
91 91 91
Accounts
receivable
55 409
39 324 77 213
Financial
investments
0 0 0
(excluding
the monetary
equivalent)
Cash
and monetary equivalents
37 928
17 386 43 315
Other
current assets
6 285
4 512 5
TOTAL
IN SECTION II.
113 689
76 600 135 270
BALANCE
266 814
240 149 185 578
2.
LIABILITIES
III.
CAPITAL AND RESERVES
Authorized
capital (share
8 177
8 177 8 177
capital,
charter capital,
deposits
capital, partners
capital)
Treasury
stock
0 0 0
Revaluation
of fixed assets
106 425
106 425 0
Additional
capital (without
5 641
5 641 0
revaluation)
Reserve
capital 250 1 227 1 227
Retained
earnings (uncovered
37 608
49 170 13 461
loss)
TOTAL
IN SECTION III. 158 101 170 640 22 865
IV.
LONG-TERM LIABILITIES
Borrowed
funds
0 0 1 210
Deferred
tax liabilities 181 181 29
Provisions 0 0 0
Other
liabilities
0 0 0
TOTAL
IN SECTION IV.
181 181 1 239
V.
SHORT-TERM LIABILITIES
Borrowed
funds
40 908 0 86 201
Payables
67 548
69 328 75 273
Deferred
income
0 0 0
Provisions 0 0 0
Sonstige
Verbindlichkeiten
76 0 0
TOTAL
IN SECTION V.
108 532
69 328 161 474
BALANCE
266 814
240 149 185 578
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)
C.
The enclosed profit and loss account of 2013 is originated from official
source,
no data available about authentication. (31.12.2013 - 1000 RUB)
profit
and loss account A
31.12.2011 B 31.12.2012 C 31.12.2013
Turnover 507 090 554 113 580 296
Cost
of sales
301 571
308 168 350 945
Gross
profit (loss)
205 519
245 945 229 351
Selling
expenses
0 0 0
Administrative
expenses
181 398
194 224 208 809
Sales
profit (loss)
24 121
51 721 20 542
Earnings
from other entities
0 0 0
Interest
receivable
631 985 1 571
Interest
payable
1 514
2 706 8 625
Other
operating income
2 391
4 175 2 966
Other
operating expenses
15 642
30 844 28 022
Profit
(loss) before tax
9 987
23 331 -11 568
Current
profit tax
3 807
10 247 3 656
Permanent
tax liabilities
1 829
5 532 5 864
(assets)
Change
in deferred tax
49 0 -152
liabilities
Change
in deferred tax assets
29 49 -46
Different
1 328 0 0
Net
profit (loss) 4 832 13 133 -15 118
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.29 |
|
|
1 |
Rs.98.62 |
|
Euro |
1 |
Rs.78.15 |
INFORMATION DETAILS
|
Analysis Done by
: |
SUB |
|
|
|
|
Report Prepared
by : |
SMN |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.