MIRA INFORM REPORT

 

 

Report No. :

356645

Report Date :

28.12.2015

 

IDENTIFICATION DETAILS

 

Name :

UNI. BI. KOM LTD MMC

 

 

Registered Office :

Mehseti Ganjavi (Bakikhanov Qesebesi) Street 10, Flat No. 16 Sabunchu District, Bakikhanov STQ  Baku AZ1040

 

 

Country :

Azerbaijan

 

 

Date of Incorporation :

03.11.1993

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

Trading as importers, wholesalers, retailers and distributors of confectionery products.

 

 

No. of Employee :

20

 

 

RATING & COMMENTS

 

MIRA’s Rating :

C

 

RATING

STATUS

PROPOSED CREDIT LINE

<10

C

Absolute credit risk exists. Caution needed to be exercised

Credit not recommended

 

Status :

Dormant

 

 

Payment Behaviour :

--

 

 

Litigation :

--

 

 

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)

Azerbaijan

B2

B2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

AZERBAIJAN - ECONOMIC OVERVIEW

 

Azerbaijan's high economic growth has been attributable to large and growing oil and gas exports, but some non-export sectors also featured double-digit growth, including construction, banking, and real estate. Oil exports through the Baku-Tbilisi-Ceyhan Pipeline, the Baku-Novorossiysk, and the Baku-Supsa pipelines remain the main economic driver, but efforts to boost Azerbaijan's gas production are underway. The eventual completion of the geopolitically important Southern Gas Corridor between Azerbaijan and Europe will open up another, albeit, smaller source of revenue from gas exports. Azerbaijan has made only limited progress on instituting market-based economic reforms. Pervasive public and private sector corruption and structural economic inefficiencies remain a drag on long-term growth, particularly in non-energy sectors. Several other obstacles impede Azerbaijan's economic progress, including the need for stepped up foreign investment in the non-energy sector and the continuing conflict with Armenia over the Nagorno-Karabakh region. Trade with Russia and the other former Soviet republics is declining in importance, while trade is building with Turkey and the nations of Europe. Long-term prospects depend on world oil prices, Azerbaijan's ability to negotiate export routes for its growing gas production, and its ability to use its energy wealth to promote growth and spur employment in non-energy sectors of the economy.

 

Source : CIA

NOTE

 

In absence of financials, no credit limit could be recommended.

 

 

Company NAME and ADDRESS

 

Uni. Bi. Kom Ltd MMC (Correct)

UNIBIKOM LTD (Requested)

 

Street                           : Mehseti Ganjavi (Bakikhanov Qesebesi) Street 10, Flat No. 16

 

Area                             : Sabunchu District, Bakikhanov STQ    

 

Town                            : Baku AZ1040

Country             : Azerbaijan

 

Mobile                          : (994 50) 270 2306 (switched off) / (994 55) 739 4030 / (994 55) 694 7971 (Galina Ganitullina)

E-Mail               : bagban1967@mail.ru

 

Extended Name : Uni. Bi. Kom Ltd Mehdud Mesuliyyetli Cemiyyeti 

 

English Translation : Uni. Bi. Kom Ltd LLC

 

 

SENIOR COMPANY PERSONNEL

 

Name                                                    Position

 

Vasif Camil Oglu Haciyev            Managing Director

 

Total Employees : 20 (when in operations)

 

 

PAYMENTS

 

No trade experience of payments is available.

 

Subject was established on 3 November 1993 and ceased trading and became dormant on 12 December 2011.

 

Opinion on maximum credit :     As the company has ceased operations and

                                                therefore the question of international

                                                credit should not arise.

 

Trade risk assessment: No classification (see above comments).

 

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

 

 

PRINCIPAL BANKER

 

NAME     : MUGANBANK OJSC

 

Branch   : 28 May Street 4

Town     : Baku AZ1022

 

Telephone: (994 12) 598 0411

Fax      : (994 12) 493 9192

Acc. No. : 3813000019-00

Cor. No. : 0137010018944

Code     : 506162

SWIFT    : MUGAAZ22

Tax No.  : VOEN 1400122681 

 

 

FINANCIAL INFORMATION

 

As the subject ceased trading, relevant financial information is not available. 

 

 

LEGAL STATUS AND HISTORY

 

Date Started : 3 November 1993 

 

History : Subject was established on 3 November 1993 and ceased trading and became dormant on 12 December 2011.  

 

Tax No. : VOEN 1800558521

 

Capital : not given

 

Mehdud Mesuliyyetli Cemiyyeti (Limited Liability Company) with the following sole shareholder :

 

Vasif Camil Oglu Haciyev                            100%

(resides at Mehseti Ganjavi (Bakikhanov Qesebesi) Street 10, Flat No.  16, Sabunchu District, Bakikhanov STQ, Baku AZ1040 / Date of Birth : 1967)

 

 

ACTIVITIES

 

The Company was involved in the following activities :

 

Trading as importers, wholesalers, retailers and distributors of confectionery products.

 

Subject was previously distributors for:

 

Konditerskaya Fabrika Miroslada OOO

Yerevanskaya Street 16

Penza 440068

Russia

Telephone                     : (7 8412) 381 705 (Ms. Larisa / International Relations Manager) / 381 706 / 381 708

Fax                              : (7 8412) 381 709

Website                        : www.miroslada.ru

E-mail                           : info@miroslada.ru

Managing Director         : Kucherenko V.A.

Tax No.                         : INN 5837031356

KPP                             : 583701001

OGRN                           : 1075837001074

 

NACE Code                  : 4724

 

Imported from Europe and Russia.

 

Subject does not export, all sales are domestic.

 

 

FACILITIES

 

The Company had the following facilities :

 

Premises comprising administrative offices located at the heading address as well as a storage facilities located elsewhere in Bakikhanov Qesebesi (frmly Razina).

 

Subject previously was located at:

 

Azadlyq Avenue 126, 3rd Floor, Office No. 3

Nasimi District   

Baku AZ1040

 

Subject formerly used the following contact details :

 

Mobile: (994 55) 694 7971 (Galina Ganitullina / Former Accountant)

 

 

REGISTERED OFFICE

 

Mehseti Ganjavi (Bakikhanov Qesebesi) Street 10, Flat No. 16

Sabunchu District, Bakikhanov STQ

Baku AZ1040

 

 

SPECIAL NOTES

 

You enquired on : “UNIBIKOM LTD”. Please note that the correct name is as per heading.

 

The Tax No. and C .R. No. given by you : “1547274” and “0074130” could not be verified. Please note that subject’s correct Tax No. is VOEN 1800558521.

 

Interviewed : Galina Ganitullina (Former Accountant).

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.66.20

UK Pound

1

Rs.98.30

Euro

1

Rs.72.41

AZN

1

Rs.42.53

Note : Above are approximate rates obtained from sources believed to be correct

 

 

INFORMATION DETAILS

 

Analysis Done by :

TRI

 

 

Report Prepared by :

TRU

 

 

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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