MIRA INFORM REPORT

 

 

Report No. :

311117

Report Date :

13.03.2015

 

IDENTIFICATION DETAILS

 

Name :

LIMITED LIABILITY COMPANY KUPISHOES

 

 

Registered Office :

Shosse Varshavskoe D 9, Str 1, 117105 G Moskva

 

 

Country :

Russia

 

 

Financials (as on) :

31.12.2013

 

 

Date of Incorporation :

09.12.2010

 

 

Com. Reg. No.:

5107746007628

 

 

Legal Form :

Limited Liability Companies (OOO)

 

 

Line of Business :

Retail Sale Via Mail Order Houses

 

 

No. of Employees :

1225

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

 

Status :

Satisfactory

 

 

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.

 

 

ECGC Country Risk Classification List – December 31, 2014

 

Country Name

Previous Rating

(30.09.2014)

Current Rating

(31.12.2014)

Russia

B1

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

 

 

Company Identification

 

Name

OOO "Kupishuz"

Address

Shosse Varshavskoe D 9, Str 1

 

117105 G Moskva, Russia

Tel

74953636393

E-Mail

info@lamoda.ru

Web

www.lamoda.ru

Crefo Nr.

9495455435

Statistical Nr.

69597891

Tax Nr.

7705935687

Registration:

Mezhrayonnaya inspektsiya Federalnoy

nalogovoy sluzhby 46 po g.

Moskve

Registration Nr.

5107746007628

Status

Active

 

 

Economic Situation

 

Business connection

Business connection appears permissable.

Terms of payment

As far as know, punctually.

 

 

Basic Information

 

Legal form

Limited liability companies (OOO)

 

Founded

09/12/2010 as Limited liability companies (OOO)

 

Registration

09/12/2010, Mezhrayonnaya inspektsiya Federalnoy nalogovoy sluzhby 46 po g. Moskve, 5107746007628

Statistical Nr.: 69597891

Tax Nr.: 7705935687

 

Registered names

Valid from

Name in foreign language

Valid until

 

Limited Liability Company Kupishoes

 

Valid from

Full name

Valid until

 

Obshchestvo s ogranichennoy otvetstvennostyu "Kupishuz"

 

Valid from

Short name

Valid until

 

OOO "Kupishuz"

 

Valid from

Commercial name

Valid until

 

"Lamoda"

 

 

Owners and Capital

Crefo Nr.

Name / Address / Status

From

Share

Owner

9497336335 9497336335

LAMODA GMBKH

Yokhannisshtrasse 20, 10117 g. Berlin Germany

 

100%

 

 

Registered capital

Date                             Currency                                  Value

31/12/2010                    RUB                                         10 000

 

 

Management

Crefo Nr.

Name / Address / Status

Since            Power of attorney

Employees

9496865692

Director of accounting

Ekaterina Topchayan

 

 

Sole Executive Body

9511437797

Managing director

Burkkhard Endryu Binder

Tax Nr.: 772983401003

 

 

 

Company addresses

Valid from

Residence address

Valid until

 

shosse Varshavskoe d 9, str 1, 117105 g Moskva, Russia

Tel: 74953636393

E-Mail: info@lamoda.ru

Web: www.lamoda.ru

 

Valid from

Address of the company premises

Valid until

 

Rizhskiy Prospekt d. 4-6,liter A, 198103 g. Sankt-Peterburg, Russia

 

 

ul. Furmanovad. 2, 050016 g. Almaty, Kazakhstan

 

 

 

Subsidiaries

 

Crefo Nr.

Name / Address / Status

Valid from

Share

Owner

9497518539

Filial OOO "Kupishuz" v gorode Sankt-Peterburge

Statistical Nr.: 34368906

PROSP RIZHSKIY 4-6 LITER A, 190103 G SANKT-PETERBURG Russia

14/02/2014

0%

9497635907

OOO "IKOM SOLYUSHN"

Statistical Nr.: 17503314

shosse Varshavskoe d 9, str 1B, 117105 g Moskva Russia

19/06/2014

100 %

9497741309

OOO "MODA S DOSTAVKOY"

Statistical Nr.: 35913205

ul Letnikovskaya d 10, str 5, 115114 g Moskva

Russia

30/09/2014

100 %

 

 

Business activities

 

Main activity

Nace

Retail sale via mail order houses

52.61.2

 

Additional activities

Nace

Agents involved in the sale of textiles

51.16.2

Wholesale of clothing and footwear

51.42.4

Retail sale of cosmetic and toilet articles

52.33

Retail sale of footwear and leather goods

52.43.1

Retail sale of furniture

52.44.4

Retail sale of furniture

52.44.6

Retail sale of electrical household appliances and radio and television goods

52.45.1

Other retail sale in specialized stores

52.48.22

Storage and warehousing

63.12

Activities of other transport agencies

63.40

Other computer related activities

72.60

Market research and public opinion polling

74.13.1

Advertising

74.40

Other business activities not elsewhere classified

74.84

 

 

Economic Data

 

Turnover and Employees

 

Date

Turnover

Employees

31/12/2011

341 805 000 RUB

 

31/12/2012

2 061 177 000 RUB

 

31/12/2013

5 278 689 000 RUB

1225

 

 

Properties

 

Name

Detail

Currency

Value

office premise

Rented property of the association Varshavskoe shosse d. 9, str. 1, g. Moskva 117105, Russia

 

Unknown

 

 

Supplementary data

 

Remarks

”Kupishuz” is the internet-store, involved in the sale of clothes, shoes and accessories of the following brands: Adida, Puma, Nike, Levi’s, Sela, Savage, Tommy Hilfiger, Baon, etc. The company is operating under the brand “Lamoda”.

 

During the phone call the representative informed, that the business premise is rented by the subject.

 

According to the research, the affiliation through the director of OOO “Kupishuz”, Burkkhard Endryu Binder, with other legal persons has not been revealed.

 

The subject has not participated in court cases.

 

According to the information, disclosed by the Federal Tax Service, OOO “Kupishuz” 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, OOO “Kupishuz” does not have delays in social payments.

 

According to the information, disclosed by the Federal Labor Service, OOO “Kupishuz” does not plan to attract foreign employees.

 

According to the research, OOO “Kupishuz” 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.

 

OOO “Kupishuz” 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.

 

Banks

Code

Bank name / Address

Account Nr.

 

RAYFFAYZENBANK

UL.TROITSKAYA,17/1 , MOSKVA 044525700,

40702810200001432667

 

 

Main Indices

 

Payment Experience and Credit Opinion

 

Terms of payment

As far as know, punctually.

Business connection

Business connection appears permissable.

 

 

Business Development

 

Company development

Positive company development.

Business course

Good order situation.

 

Events

 

Date                                                     Kind                                                                 Code

04/03/2015                                            Pledge collection                                             37

Debt capital : 8313330 RUB

Debt total: 8313330 RUB

`                                               Debt collection result: claim accepted /

taken it to the production

A40-37284/2015

 

 

Balances

 

Balance

31.12.2013 The enclosed balance of 2013 is originated from official source, no data available about authentication.

31.12.2012 The enclosed balance of 2012 is originated from official source, no data available about authentication.

31.12.2011 The enclosed balance of 2011 is originated from official source, no data available about authentication.

 

Name

Ref.

31/12/2013

1000

RUB balance

31/12/2012

1000

RUB balance

31/12/2011

1000

RUB balance

1. ASSETS

 

I. FIXED ASSETS

 

Intangible assets

1110

34 979

5 307

1 009

The results of research and development

1120

0

0

0

Intangible research assets

1130

0

0

0

Tangible research assets

1140

0

0

0

Fixed assets

1150

237 463

66 181

15 355

Profitable investments in tangible assets

1160

0

0

0

Financial investments

1170

0

0

0

Deferred tax assets

1180

699 714

353 350

105 858

Other non-current assets

1190

31 044

74 519

62

TOTAL IN SECTION I.

1100

1 003 200

499 357

122 284

II. CURRENT ASSETS

 

 

 

Name

Ref.

31/12/2013

1000

RUB balance

31/12/2012

1000

RUB balance

31/12/2011

1000

RUB balance

Inventories

1210

1 210 429

494 390

186166

VAT on acquired assets

1220

454 788

254 119

98 932

Accounts receivable

1230

614 502

549 949

149 233

Financial investments (excluding the monetary equivalent)

1240

0

0

0

Cash and monetary equivalents

1250

214 619

40 997

11 558

Other current assets

1260

36 830

20 494

0

TOTAL IN SECTION II.

1200

2 531 168

1 359 949

445 889

BALANCE

1600

3 534 368

1 859 306

568 172

2. LIABILITIES

 

 

 

 

III. CAPITAL AND RESERVES

 

 

 

 

Authorized capital (share capital, charter capital, deposits capital, partners capital)

1310

10

10

10

Treasury stock

1320

0

0

0

Revaluation of fixed assets

1340

0

0

0

Additional capital (without revaluation)

1350

414

0

0

Reserve capital

1360

0

0

0

Retained earnings (uncovered loss)

1370

1 146162

-1 667 145

-364 486

TOTAL IN SECTION III.

1300

1 146 586

-1 667 135

-364 476

IV. LONG-TERM LIABILITIES

 

Borrowed funds

1410

75 904

2 104 282

273 329

Deferred tax liabilities

1420

2 838

0

118

Provisions

1430

0

0

0

Other liabilities

1450

0

65

0

TOTAL IN SECTION IV.

1400

78 742

2 104 347

273 448

V. SHORT-TERM LIABILITIES

 

Borrowed funds

1510

2 830

0

507 531

Payables

1520

2 278 912

1 266 376

151 670

 

Name

Ref.

31/12/2013

1000

RUB balance

31/12/2012

1000

RUB balance

31/12/2011

1000

RUB balance

Deferred income

1530

0

0

0

Provisions

1540

27 261

155 718

0

Sonstige Verbindlichkeiten

1550

37

0

0

TOTAL IN SECTION V.

1500

2 309 040

1 422 094

659 201

BALANCE

1700

3 534 368

1 859 306

568 172

 

Profit and loss accounts

31.12.2013 The enclosed profit and loss account of 2013 is originated from official source, no data available about authentication.

31.12.2012 The enclosed profit and loss account of 2012 is originated from official source, no data available about authentication.

31.12.2011 The enclosed profit and loss account of 2011 is originated from official source, no data available about authentication.

 

Name

Ref.

31/12/2013

1000

RUB

profit and loss account

31/12/2012

1000

RUB

profit and loss account

31/12/2011

1000

RUB

profit and loss account

Turnover

2110

5 278 689

1 531 399

341 805

Cost of sales

2120

3 215418

927 595

218 624

Gross profit (loss)

2100

2 063 271

603 804

123181

Selling expenses

2210

3 657 041

2 014 885

707 853

Administrative expenses

2220

0

0

0

Sales profit (loss)

2200

-1 593 770

-1 411 081

-584 672

Earnings from other entities

2310

0

0

0

Interest receivable

2320

0

103

34

Interest payable

2330

42 305

24 918

10 880

Other operating income

2340

4 551 836

37 173

292 853

Other operating expenses

2350

445 885

92 713

167 547

Profit (loss) before tax

2300

2 469 876

-1 491 436

-470 212

Current profit tax

2410

0

0

0

Permanent tax liabilities (assets)

2421

837 335

-2 483

11 697

 

 

Name

Ref.

31/12/2013

1000

RUB

profit and loss account

31/12/2012

1000

RUB

profit and loss account

31/12/2011

1000

RUB

profit and loss account

Change in deferred tax liabilities

2430

-24 133

26 852

118

Change in deferred tax assets

2450

319 393

262 697

105 858

Different

2430

95

7

14

Net profit (loss)

2400

2 813 307

-1 255 598

-364 486

Results of fixed assets revaluation, non-includedin net profit/loss for period

2510

0

0

0

Result of other transactions, non included in net profit/loss for period

2520

0

0

0

Total financial result for period

2500

2 813 307

-1 255 598

-364 486

 

 

Financial Ratios

 

Name

Ref.

31/12/2013

31/12/2012

31/12/2011

Current ratio

1

1,10

0,96

0,68

Quick ratio

2

0,57

0,61

0,39

Average Collection Period

3

40,26

83,32

 

Payables turnover Period

4

201,22

278,99

 

Debt ratio

5

0,68

1,90

1,64

Equity to total assets ratio

6

0,32

-0,90

-0,64

Funding ratio

7

0,48

-0,47

-0,39

Return on sales

8

53,30

-81,99

-106,64

Return on Assets

9

104,32

-103,45

 

Return on Equity

10

-1080,90

123,61

 

 

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.62.57

UK Pound

1

Rs.93.57

Euro

1

Rs.65.95

 

INFORMATION DETAILS

 

Analysis Done by :

SUB

 

 

Report Prepared by :

NIT

 

               

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.