MIRA INFORM REPORT

 

 

Report No. :

343850

Report Date :

09.10.2015

 

IDENTIFICATION DETAILS

 

Name :

OOO "IMPERATORSKIY CHAY"

 

 

Registered Office :

Ul Vokzalnaya D 7, 143430 Moskovskaya Oblast, RP Nakhabino 

 

 

Country :

Russia

 

 

Financials (as on) :

31.12.2014

 

 

Date of Incorporation :

30.03.2000

 

 

Com. Reg. No.:

1025004070222

 

 

Legal Form :

Limited Liability Companies

 

 

Line of Business :

Subject is engaged in processing of tea and coffee

 

 

No. of Employee :

Not Available

 

 

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 :

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 – 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

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. 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

 

 

Company name and address

 

OOO "IMPERATORSKIY CHAY"

UL VOKZALNAYA D 7, 143430 MOSKOVSKAYA OBLAST, RP NAKHABINO 

Tel: 74957440655
Telefax: 74957440659
E-Mail: info@imperialtea.ru
Web: www.imperialtea.ru

 

 

Registration data

 

Company development

Constant company development.

 

Business course

Satisfactory order situation.

Terms of payment

Recently, occasionally dalays of payments / payment reminders; earlier, within agreed terms, partly.

 

Business connection

Business connection appears permissable.

Legal form

Limited liability companies (OOO)

Established on

30/03/2000 - Limited liability companies (OOO)

 

Registered on

12/12/2002, INSPEKTSIYA MNS ROSSII G ODINTSOVO MOSKOVSKOY OBLASTI, 

RegNr.: 1025004070222
Tax number: 5032060033
Statistical number: 53137213

 

 

Capital

 

Registered capital

RUB

52 066 300,-

 

Owner

Igor YUrevich Kozlov

%

0,1

Owner

Aktsionernoe obshchestvo ARTIS KONSALTING INK
ulitsa Urbanisasion Obarrio 53 16, Panama, Panama

%

99,9

 

 

Sole Executive Body

 

Aleksandr Viktorovich Egorov
Managing director

 

 

General data

 

 

 

 

Main activity:


Processing of tea and coffee

 

Full name:


OOO "Imperatorskiy chay"

Short name:


Obshchestvo s ogranichennoy otvetstvennostyu "Imperatorskiy chay"

 

Residence address:


UL VOKZALNAYA D 7, 143430 MOSKOVSKAYA OBLAST, RP NAKHABINO 
Tel: 74957440655
Telefax:74957440659
E-Mail:info@imperialtea.ru
Web:www.imperialtea.ru

 

Company specializes in production of tea under its own brand names “Imperatorskiy Chay”, “ChayOK”, Imperial Tea Collection”, “24/7” and so-called “private label” tea for retail chains.

Other activities

 

Growing of fruit

 

Printing n.e.c.

Manufacture of pharmaceutical preparations

 

Agents involved in the sale of a variety of goods

Wholesale of coffee

 

Other retail sale of food

Dispensing chemists

 

Restaurants

Freight transport by road

 

 

Annual turnover

 

Administration of financial markets

(67.11.1)

 

31/12/2006

Enterprise turnover

RUB

124 479 000,-

 

 

31/12/2007

Enterprise turnover

RUB

200 920 000,-

 

31/12/2008

Enterprise turnover

RUB

304 592 000,-

 

 

31/12/2009

Enterprise turnover

RUB

401 479 000,-

 

31/12/2010

Enterprise turnover

RUB

362 530 000,-

 

 

31/12/2011

Enterprise turnover

RUB

380 890 000,-

 

31/12/2012

Enterprise turnover

RUB

323 992 000,-

 

 

31/12/2013

Enterprise turnover

RUB

290 205 000,-

 

31/12/2014

Enterprise turnover

RUB

340 137 000,-

 

 

 

Events, negative data 

 

11.03.2015 - Legal debt collection procedure


Remarks


A40-41481/2015

 

OOO "Imperatorskiy Chai" specializes in production and trade of tea and coffee of the brands "Imperatrosky chay", "ChayOK", "Imperial Tea Collection", "Kunak", and "24/7" (coffee).


According to the research, affiliation through the director with other legal persons has not been revealed. 
The company has collected the following amount of debt via court cases:


In 2015: 1 128 873, 02 RUB;
In 2014: 1 810 173, 01 RUB;
In 2013: 477 268,32 RUB;
In 2012: 2 315 577, 2 RUB.


No negative information was found.

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).
B. 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).
C. The enclosed balance of 2014 is originated from other source, no data available about authentication. (31.12.2014 - 1000 RUB) - Warning! The figures stated in the balance sheet may contain error(s).

 

 

Financials

 

balance

A 31.12.2012

B 31.12.2013

C 31.12.2014

1. ASSETS

 

 

 

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

20 130

34 250

50 083

Profitable investments in tangible assets

0

0

0

Financial investments

0

0

0

Deferred tax assets

107

110

436

Other non-current assets

225

523

294

TOTAL IN SECTION I.

20 462

34 883

50 813

II. CURRENT ASSETS

 

 

 

Inventories

119 180

117 208

133 888

VAT on acquired assets

5

1 617

3 257

Accounts receivable

49 587

55 668

62 995

Financial investments (excluding the monetary equivalent)

0

0

0

Cash and monetary equivalents

3 583

493

7 634

Other current assets

162

245

1 456

TOTAL IN SECTION II.

172 517

175 231

209 230

BALANCE

192 979

210 114

260 043

2. LIABILITIES

 

 

 

III. CAPITAL AND RESERVES

 

 

 

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

52 066

52 066

52 066

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)

17 567

21 538

23 696

TOTAL IN SECTION III.

69 633

73 604

75 762

IV. LONG-TERM LIABILITIES

 

 

 

Borrowed funds

80 000

33 000

0

Deferred tax liabilities

1 207

996

882

Provisions

0

0

0

Other liabilities

0

0

0

TOTAL IN SECTION IV.

81 207

33 996

882

V. SHORT-TERM LIABILITIES

 

 

 

Borrowed funds

20 089

62 085

96 285

Payables

19 369

40 290

86 970

Deferred income

0

0

0

Provisions

2 544

136

135

Sonstige Verbindlichkeiten

137

3

9

TOTAL IN SECTION V.

42 139

102 514

183 399

BALANCE

192 979

210 114

260 043

A. The enclosed profit and loss account of 2012 is originated from official source, no data available about authentication. (31.12.2012 - 1000 RUB)
B. The enclosed profit and loss account of 2013 is originated from official source, no data available about authentication. (31.12.2013 - 1000 RUB)
C. The enclosed profit and loss account of 2014 is originated from other source, no data available about authentication. (31.12.2014 - 1000 RUB)

 

 

profit and loss account

A 31.12.2012

B 31.12.2013

C 31.12.2014

Turnover

323 992

290 205

340 137

Cost of sales

273 445

253 708

282 959

Gross profit (loss)

50 547

36 497

57 178

Selling expenses

16 381

14 617

16 938

Administrative expenses

9 256

7 032

7 714

Sales profit (loss)

24 910

14 848

32 526

Earnings from other entities

0

0

0

Interest receivable

0

0

0

Interest payable

11 755

10 820

9 798

Other operating income

170 548

45 345

124 413

Other operating expenses

179 872

44 330

144 222

Profit (loss) before tax

3 831

5 043

2 919

Current profit tax

830

1 286

1 068

Permanent tax liabilities (assets)

74

-63

-45

Change in deferred tax liabilities

-101

-211

114

Change in deferred tax assets

36

3

326

Different

0

0

133

Net profit (loss)

3 138

3 971

2 158

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

3 138

3 971

2 158

 

 

Ratios

 

 

2012

2013

2014

Current ratio

4,09

1,71

1,14

Quick ratio

1,27

0,57

0,41

Average Collection Period

61,49

66,19

63,67

Payables turnover Period

36,38

42,91

82,08

Debt ratio

0,64

0,65

0,71

Equity to total assets ratio

0,36

0,35

0,29

Funding ratio

0,56

0,54

0,41

Return on sales

0,97

1,37

0,63

Return on Assets

1,52

1,97

0,92

Return on Equity

4,61

5,54

2,89

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.65.16

UK Pound

1

Rs.99.78

Euro

1

Rs.73.33

 

INFORMATION DETAILS

 

Analysis Done by :

RAS

 

 

Report Prepared by :

ASH

 

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.