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Report No. : |
335529 |
|
Report Date : |
10.08.2015 |
IDENTIFICATION DETAILS
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Name : |
OOO "LIONTEKS" |
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|
|
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Registered Office : |
ul Sushchevskaya d 21, 127994 g Moskva |
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Country : |
Russia |
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Financials (as on) : |
31.12.2014 |
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Date of Incorporation : |
19.09.2005 |
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Legal Form : |
Limited liability companies (OOO) |
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Line of Business : |
Wholesale of textiles. |
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No. of Employee : |
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 |
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|
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Payment Behaviour : |
No complaints |
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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, 2015
|
Country Name |
Previous Rating (31.12.2014) |
Current Rating (31.03.2015) |
|
Russia |
B1 |
B1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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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. In 2014, economic growth declined further when Russia forcibly violated Ukraine’s sovereignty and territorial integrity, and interfered in Ukraine’s internal affairs. In the second half of 2014, the Russian ruble lost about half of its value, contributing to increased capital outflows that reached $151.5 billion for the year; the ruble remains volatile. Declining oil prices, lack of economic reforms, and the imposition of foreign sanctions have contributed to the downturn and created wide expectations the economy will continue to slump. In April 2015, the Russian Ministry of Economic Development predicted that the Russia’s economy will contract by 3% in 2015, and average only 2.5% growth through 2030.
|
Source
: CIA |
OOO
"LIONTEKS"
ul Sushchevskaya d 21,
127994 g Moskva
Tel: 74956609630
E-Mail: sales@liontex.ru
Web: www.liontex.ru
|
Company
development |
Constant company development. |
|
Business
course |
Satisfactory order situation. |
|
|
Terms of
payment |
No complaints / delays of payments are
known. |
|
Business
connection |
Business connection is not denied. Credit is
not assigned, it requires securities. |
|
Legal form |
Limited liability companies (OOO) |
|
|
Established
on |
19/09/2005 - Limited liability companies
(OOO) |
|
|
Registered
on |
19/09/2005, MEZHRAYONNAYA INSPEKTSIYA FEDERALNOY
NALOGOVOY SLUZHBY N 46 PO G. MOSKVE, RegNr.:
1057748261955 |
|||
|
Registered
capital |
RUB |
10 000,- |
|
|
|
Owner |
KOMPANIYA
IST TEKSTAYL LIMITED |
% |
100 |
|
|
Sole
Executive Body |
Andrey
Ivanovich Moroz |
|||
|
General
data |
Main
activity: |
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Commercial
name: |
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Full name: |
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Short
name: |
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Residence
address: |
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Office
address: |
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Address of
subdivision: |
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Other activities |
||
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|
: |
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Finishing of textiles |
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Manufacture of made-up textile articles |
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Printing and service activities related to printing |
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Agents involved in the sale of textiles |
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Other retail sale in specialized stores |
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|
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Other retail sale in specialized stores |
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Research and experimental development on natural sciences and
engineering |
|
|
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Activities in the field of law, accounting and auditing consultancy |
|
|
Market research and public opinion polling |
|||||
|
Annual turnover |
31/12/2006 |
Enterprise turnover |
RUB |
51 596 000,-
|
|
|
|
|
31/12/2007 |
Enterprise turnover |
RUB |
94 140 000,-
|
|
|
|
31/12/2008 |
Enterprise turnover |
RUB |
115 023 000,-
|
|
|
|
31/12/2009 |
Enterprise turnover |
RUB |
125 045 000,-
|
|
|
|
31/12/2010 |
Enterprise turnover |
RUB |
145 239 000,-
|
|
|
|
31/12/2011 |
Enterprise turnover |
RUB |
173 425 000,-
|
|
|
|
31/12/2012 |
Enterprise turnover |
RUB |
166 216 000,-
|
|
|
|
31/12/2013 |
Enterprise turnover |
RUB |
156 950 000,-
|
|
|
|
31/12/2014 |
Enterprise turnover |
RUB |
157 013 000,-
|
|
|
Remarks |
OOO "LIONTEKS" specializes on
sale of curtains and fittings. |
|
A. 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). |
|
|
BALANCE |
A 31.12.2012 |
B 31.12.2013 |
C 31.12.2014 |
|
1. ASSETS |
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|
|
|
I. FIXED ASSETS |
|
|
|
|
Intangible assets |
0 |
0 |
0 |
|
The results of research and development |
0 |
0 |
0 |
|
Intangible research assets |
0 |
0 |
0 |
|
Tangible research assets |
0 |
0 |
0 |
|
Fixed assets |
1 480 |
3 062 |
2 860 |
|
Profitable investments in tangible assets |
0 |
0 |
0 |
|
Financial investments |
105 |
105 |
105 |
|
Deferred tax assets |
0 |
0 |
0 |
|
Other non-current assets |
0 |
0 |
0 |
|
TOTAL IN SECTION I. |
1 585 |
3 167 |
2 965 |
|
II. CURRENT ASSETS |
|
|
|
|
Inventories |
173 763 |
183 341 |
198 954 |
|
VAT on acquired assets |
2 087 |
2 087 |
2 093 |
|
Accounts receivable |
13 009 |
26 513 |
16 188 |
|
Financial investments (excluding the monetary equivalent) |
0 |
0 |
0 |
|
Cash and monetary equivalents |
1 450 |
2 848 |
4 102 |
|
Other current assets |
0 |
0 |
26 |
|
TOTAL IN SECTION II. |
190 309 |
214 789 |
221 363 |
|
BALANCE |
191 894 |
217 956 |
224 328 |
|
2. LIABILITIES |
|
|
|
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III. CAPITAL AND RESERVES |
|
|
|
|
Authorized capital (share capital, charter capital, deposits capital,
partners capital) |
10 |
10 |
10 |
|
Treasury stock |
0 |
0 |
0 |
|
Revaluation of fixed assets |
0 |
0 |
0 |
|
Additional capital (without revaluation) |
0 |
0 |
0 |
|
Reserve capital |
0 |
0 |
0 |
|
Retained earnings (uncovered loss) |
11 683 |
13 589 |
15 587 |
|
TOTAL IN SECTION III. |
11 693 |
13 599 |
15 597 |
|
IV. LONG-TERM LIABILITIES |
|
|
|
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Borrowed funds |
14 720 |
157 227 |
157 227 |
|
Deferred tax liabilities |
0 |
0 |
0 |
|
Provisions |
0 |
0 |
0 |
|
Other liabilities |
0 |
0 |
0 |
|
TOTAL IN SECTION IV. |
14 720 |
157 227 |
157 227 |
|
V. SHORT-TERM LIABILITIES |
|
|
|
|
Borrowed funds |
15 |
0 |
0 |
|
Payables |
165 466 |
47 130 |
51 504 |
|
Deferred income |
0 |
0 |
0 |
|
Provisions |
0 |
0 |
0 |
|
Sonstige Verbindlichkeiten |
0 |
0 |
0 |
|
TOTAL IN SECTION V. |
165 481 |
47 130 |
51 504 |
|
BALANCE |
191 894 |
217 956 |
224 328 |
|
A. 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 31.12.2012 |
B 31.12.2013 |
C 31.12.2014 |
|
Turnover |
166 216 |
156 950 |
157 013 |
|
Cost of sales |
102 761 |
91 913 |
93 845 |
|
Gross profit (loss) |
63 455 |
65 037 |
63 168 |
|
Selling expenses |
61 433 |
60 909 |
56 529 |
|
Administrative expenses |
0 |
0 |
0 |
|
Sales profit (loss) |
2 022 |
4 128 |
6 639 |
|
Earnings from other entities |
0 |
0 |
0 |
|
Interest receivable |
0 |
0 |
0 |
|
Interest payable |
576 |
497 |
262 |
|
Other operating income |
5 642 |
1 455 |
1 956 |
|
Other operating expenses |
2 875 |
2 561 |
5 828 |
|
Profit (loss) before tax |
4 213 |
2 525 |
2 505 |
|
Current profit tax |
570 |
609 |
507 |
|
Permanent tax liabilities (assets) |
273 |
104 |
6 |
|
Change in deferred tax liabilities |
0 |
0 |
0 |
|
Change in deferred tax assets |
0 |
0 |
0 |
|
Different |
1 232 |
10 |
0 |
|
Net profit (loss) |
2 411 |
1 906 |
1 998 |
|
Results of fixed assets revaluation, non-includedin net profit/loss
for period |
0 |
0 |
0 |
|
Result of other transactions, non included in net profit/loss for
period |
0 |
0 |
0 |
|
Total financial result for period |
2 411 |
1 906 |
1 998 |
|
Ratios |
|
2012 |
2013 |
2014 |
|
|
Current ratio |
1,15 |
4,56 |
4,3 |
|
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Quick ratio |
0,1 |
0,67 |
0,44 |
|
|
Average Collection Period |
20,4 |
45,96 |
49,63 |
|
|
Payables turnover Period |
554 |
422 |
192 |
|
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Debt ratio |
0,94 |
0,94 |
0,93 |
|
|
Equity to total assets ratio |
0,06 |
0,06 |
0,07 |
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|
Funding ratio |
0,06 |
0,07 |
0,07 |
|
|
Return on sales |
1,45 |
1,21 |
1,27 |
|
|
Return on Assets |
1,38 |
0,93 |
0,9 |
|
|
Return on Equity |
22,99 |
15,07 |
13,69 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.63.81 |
|
|
1 |
Rs.98.92 |
|
Euro |
1 |
Rs.69.66 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
ANK |
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.