MIRA INFORM REPORT

Report No. :	504050
Report Date :	19.04.2018

IDENTIFICATION DETAILS

Name :	OOO TORGOVIY DOM OSKATA
Registered Office :	Dibunovskaya Street 65, Lit A, Office 2-N, Primorskiy District, 197183 Saint Petersburg
Country :	Russia
Date of Incorporation :	02.06.2016
Com. Reg. No.:	OGRN 1167847245092
Legal Form :	Limited Liability Company
Line of Business :	Trading as Importers and Wholesalers of Footwear.
No. of Employees :	12

RATING & COMMENTS

(Mira Inform has adopted New Rating mechanism w.e.f. 23^rd January 2017)

MIRA’s Rating :

B

Credit Rating	Explanation	Rating Comments
B	Medium Risk	Business dealings permissible on a regular monitoring basis

Status :	Relatively New Business
Payment Behaviour :	Unknown
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

Country Name	Previous Rating (30.09.2017)	Current Rating (31.12.2017)
Russia	A2	A2

Risk Category	ECGC Classification
Insignificant	A1
Low Risk	A2
Moderately Low Risk	B1
Moderate Risk	B2
Moderately High Risk	C1
High Risk	C2
Very High Risk	D

RUSSIA - ECONOMIC OVERVIEW

Russia has undergone significant changes since the collapse of the Soviet Union, moving from a centrally planned economy towards a more market-based system. Both economic growth and reform have stalled in recent years, however, and Russia remains a predominantly 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, transportation, banking, and defense-related sectors. The protection of property rights is still weak, and the state continues to interfere in the free operation of the private sector.

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 is heavily dependent on the movement of world commodity prices as 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 the 1998-2008 period as oil prices rose rapidly, has seen diminishing growth rates since then due to the exhaustion of Russia’s commodity-based growth model.

A combination of falling oil prices, international sanctions, and structural limitations pushed Russia into a deep recession in 2015, with GDP falling by close by 2.8%. The downturn continued through 2016, with GDP contracting another 0.2%, but was reversed in 2017 as world demand picked up. Government support for import substitution has increased recently in an effort to diversify the economy away from extractive industries.

Source : CIA

BRIEF SUMMARY
COMPANY NAME	OOO TORGOVIY DOM OSKATA
ADDRESS	Building	Street			Area			PO Box
	N/A	Dibunovskaya Street 65, Lit A, Office 2-N			Primorskiy District			197183 Saint Petersburg
TEL/FAX	Verified Phones: (+7 812) 430 9010 / (+7 812) 430 0490 Fax: (+7 812) 431 1800
EMAIL/WEBSITE	Email: oskata.razvitie@gmail.com / a.tabako@gmail.com / Website: www.oskata-spb.com
ACTIVITY	NACE 4642 - Wholesale of clothing and footwear; NACE 4690 - Non-specialised wholesale trade;
PRINCIPAL	Anton Olegovich Kataev					Workforce
	Managing Director					12
LEGAL INFO	Date Of Est.		Reg. No.	Legal Form			Status
	02/06/2016		OGRN 1167847245092	LLC			Active
CAPITAL	CURRENCY			AMOUNT
	RUBLE (RUB)			10,000
OPINION ON MAX CREDIT	NOTES			START DATE OF BUSINESS ACTIVITIES
	NB - New Business less than 24 months old			August 2016

IDENTIFICATION
CO. NAME	OOO TORGOVIY DOM OSKATA
ENQUIRED NAME	LLC TORGOVYI DOM OSKATA
TRADEMARK	TEMP 2 / TEMP-3 / TEMP-KLASSIK
ALSO KNOWN NAME (S)	LLC TORGOVYI DOM OSKATA / TD TORGOVIY DOM OSKATA
STREET	Dibunovskaya Street 65, Lit A, Office 2-N
AREA	Primorskiy District
POSTAL ADDRESS	197183 Saint Petersburg
CITY	Saint Petersburg
COUNTRY	Russia
TELEPHONE	(+7 812) 430 9010 / (+7 812) 430 0490 / Mobile (+7 921) 760 1402
FAX	(+7 812) 431 1800
VERIFIED EMAIL	oskata.razvitie@gmail.com / a.tabako@gmail.com / oskata.torg@yandex.ru
WEBSITE	www.oskata-spb.com
BUSINESS HOURS	DAYS	OFFICE HOURS	BREAK TIME
	Mon-Fri	10:00-17:00	13:30-14:00
REGISTERED ADDRESS	Dibunovskaya Street 65, Lit A, Office 2-N, Primorskiy District, 197183 Saint Petersburg, Russia

SENIOR PERSONNEL
MANAGEMENT	NAME	POSITION
	Anton Olegovich Kataev	Managing Director
	S.V. Titkov	Sales Manager
WORKFORCE	NO. OF EMPLOYEES	PERIOD
	12	04.2018

FINANCIAL SUMMARY
NOTES	As the Buyer has only recently started trading, relevant financial information is not available. The following financial information applies to subject’s affiliated company, OOO OSKATA’M: 31/12/2016 31/12/2015 (in RUBLE) ASSETS Non-current assets Fixed assets 3,104,000 2,959,000 Total non-current assets 3,104,000 2,959,000 Current assets Stock 8,091,000 11,083,000 Trade receivables 6,749,000 7,606,000 Cash equivalents 3,921,000 459,000 Total current assets 18,761,000 19,148,000 TOTAL ASSETS 21,864,000 22,107,000 EQUITY & LIABILITIES Total Equity 6,246,000 6,166,000 Total long-term liabilities 0 0 Short-term Liabilities Borrowings 0 6,800,000 Accounts payable 15,618,000 9,141,000 Total Short-term Liabilities 15,618,000 9,141,000 TOTAL EQUITY & LIABILITIES 21,864,000 22,107,000 INCOME STATEMENT Revenue 117,195,000 94,892,000 Cost of Sales (121,704,000) (109,535,000) Gross Profit (4,509,000) (14,643,000) Profit(loss) from sales (4,509,000) (14,643,000) Other income and expenses Other income 6,800,000 16,138,000 Other expenses (2,099,000) (982,000) Profit(loss) before taxation 192,000 513,000 Current income tax (113,000) (121,000) Net Profit(loss) 79,000 392,000
FISCAL YEAR-END	31 December

LEGAL STATUS
INCORPORATION	02/06/2016
REGISTRATION NO.	C.R. NUMBER	ISSUED BY
	OGRN 1167847245092	Federal Tax Service
OTHER REGISTRATION NO.	INN 7814653820 (Tax Code) / KPP 781401001 / OKPO 2842128 (Statistics Code) / OKTMO 40323000000
AUTHORISED CAPITAL	AMOUNT	CURRENCY
	10,000	RUBLE
PAID-UP CAPITAL	AMOUNT	CURRENCY
	10,000	RUBLE
LEGAL FORM	Limited Liability Company
BUSINESS HISTORY	The Company was incorporated in Russia on 2 June 2016 and started trading in August 2016.
STATUS	Active
SHAREHOLDERS	NAME	PERCENTAGE
	1. Anton Olegovich Kataev Nationality: Russian Tax Code: INN 781300529936 2. Aleksey Sergeevich Tabako Nationality: Russian Tax Code: INN 780625968807	50.00% 50.00%

OPERATION
BANKERS	1. JSC Alfa-Bank Moskovskiy Avenue 74, Liter A, Apartment 2H Frunzenskiy District Saint Petersburg Telephone: (+7 495) 755 5858 Fax : (+7 495) 755 5858 2. PAO Bank Saint-Petersburg Nastavnikov Avenue 19 Saint Petersburg Russia Telephone: +(7 812) 329 5050 SWIFT: JSBSRU2P
ACTIVITY CODE (NACE)	4642 - Wholesale of clothing and footwear; 4690 - Non-specialised wholesale trade;
LINE OF BUSINESS	Trading as importers and wholesalers of footwear.
IMPORT FROM	China and Pakistan.
EXPORT TO	CIS countries.
TRADE REFERENCES	Pak Leather Bulley Shah Tannery, Niaz Nagar Kasur Pakistan
FACILITIES	Rented premises comprising administrative offices and storage facilities located at the heading address.
RELATED COMPANIES	Associates 1. OOO Kuybysheva 38 Kuybysheva Street 38-40, Room 9 Saint Petersburg Russia Est.: 09/04/2014 C.R. No.: OGRN 1147847127174 Tax Code: INN 7813586218 Shareholders: Shamil Baigeldinov – 25% Rafael Akopov – 25% Oleg Vladimirovich Kataev – 25% Anton Olegovich Kataev – 25% 2. OOO OSKATA’M Dibunovskaya Street 65, Lit A Primorskiy District 197183 Saint Petersburg Russia Est.: 16/01/1997 C.R. No.: OGRN 1027807563871 Tax Code: INN 7826677913 Activity: Manufacturers of footwear. Shareholders: Oleg Vladimirovich Kataev – 50% (father of Anton Olegovich Kataev) Sergey Mikhailovich Tabako – 50% (father of Aleksey Sergeevich Tabako)

PAYMENT
CREDIT OPINION	NB - New Business less than 24 months old. No trade experience of payments is available.
CREDIT LIMIT RECOMMENDATION	As the subject has recently been established and has no financial or payment track record, we recommend dealing on fully secured terms.
FINANCIAL STRENGTH	High
EMPLOYEE RANGE	ER6

SPECIAL REMARKS
INTERVIEWED	Anton Olegovich Kataev (Managing Director).
COMMENTS	You enquired on: LLC TORGOVYI DOM OSKATA. Please note that this name applies to an English translation of the subject’s name. Subject’s correct registered name is as per heading.

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	INR 65.68
UK Pound	1	INR 93.98
Euro	1	INR 81.30
RUB	1	INR 1.08

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

INFORMATION DETAILS

Analysis Done by :	VAR
Report Prepared by :	TPT

RATING EXPLANATIONS

Credit Rating	Explanation	Rating Comments
A++	Minimum Risk	Business dealings permissible with minimum risk of default
A+	Low Risk	Business dealings permissible with low risk of default
A	Acceptable Risk	Business dealings permissible with moderate risk of default
B	Medium Risk	Business dealings permissible on a regular monitoring basis
C	Medium High Risk	Business dealings permissible preferably on secured basis
D	High Risk	Business dealing not recommended or on secured terms only
NB	New Business	No recommendation can be done due to business in infancy stage
NT	No Trace	No recommendation can be done as the business is not traceable

NB is stated where there is insufficient information to facilitate rating. However, it is not to be considered as unfavourable.

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 are as follows:

· Financial condition covering various ratios

· Company background and operations size

· Promoters / Management background

· Payment record

· Litigation against the subject

· Industry scenario / competitor analysis

· Supplier / Customer / Banker review (wherever available)

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