MIRA INFORM REPORT

 

 

Report No. :

505351

Report Date :

28.04.2018

 

 

 

IDENTIFICATION DETAILS

 

Name :

OOO VIK TEST

 

 

Registered Office :

Volokolamskoye Highway 116, Bldg 1,4th Floor, Block 443, Room 10/15, Pokrovskoye-Streshnevo District, 125371 Moscow

 

 

Country :

Russia   

 

 

Financials (as on) :

31.12.2016    

 

 

Date of Incorporation :

03.08.2016

 

 

Com. Reg. No.:

OGRN 1167746736805

 

 

Legal Form :

Limited Liability Company 

 

 

Line of Business :

·         Wholesale of other machinery and equipment

·         Computer consultancy activities

 

 

No. of Employees :

4 [2018]

 

 

RATING & COMMENTS

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

 

MIRA’s Rating :

B

 

Credit Rating

Explanation

Rating Comments

B

Medium Risk

Business dealings permissible on a regular monitoring basis

 

Status :

Moderate

 

 

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

 

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

 

 

SUMMARY 

 

 

 

COMPANY NAME

OOO VIK TEST

 

ADDRESS

Building

Street

Area

PO Box

N/A

Volokolamskoye Highway 116, Bldg 1,4th Floor, Block 443, Room 10/15

Pokrovskoye-Streshnevo District

125371

Moscow

TEL/FAX 

Verified Phones: (+7 499) 390 8869 / (+7 916) 653 6425 / Fax: (+7 499) 390 8869   

EMAIL/WEBSITE

Email: info@viktest.ru / Website: www.viktest.ru (under construction)

ACTIVITY

NACE 4669 - Wholesale of other machinery and equipment; NACE 6202 - Computer consultancy activities;

PRINCIPAL 

Irina Nikolaevna Kuzmina  

Workforce 

Managing Director 

4  

LEGAL INFO 

 

Date Of Est.

Reg. No.

Legal Form

Status

03/08/2016

OGRN 1167746736805

LLC 

Active

CAPITAL

CURRENCY

AMOUNT

RUBLE (RUB) 

15,000 

             

 

IDENTIFICATION

 

CO. NAME

OOO VIK TEST

ALSO KNOWN NAME (S)

VIK TEST CO. LTD

STREET

Volokolamskoye Highway 116, Bldg 1,4th Floor, Block 443, Room 10/15

AREA

Pokrovskoye-Streshnevo District

POSTAL ADDRESS

125371 Moscow

CITY

Moscow

COUNTRY

Russia

TELEPHONE

(+7 499) 390 8869 / (+7 495) 390 8869 / (+7 916) 653 6425

FAX

(+7 499) 390 8869   

VERIFIED EMAIL

info@viktest.ru

WEBSITE

www.viktest.ru (under construction)

BUSINESS HOURS

DAYS

OFFICE HOURS

BREAK TIME

Mon-Fri

09:00-18:00

13:00-14:00

REGISTERED ADDRESS

Volokolamskoye Highway 116, Bldg 1,4th Floor, Block 443, Room 10/15, Pokrovskoye-Streshnevo District, 125371 Moscow, Russia   

FORMER ADDRESS

Subject previously was located at:

 

pereulok Dukhovskoy 17, Building 15, Office 12

Moscow 115191

Russia  

 

 

SENIOR PERSONNEL

 

MANAGEMENT

NAME

POSITION

Irina Nikolaevna Kuzmina

Managing Director 

Mr. Aleksandr

Administrative Manager

WORKFORCE

NO. OF EMPLOYEES

PERIOD

4

04.2018

 

 

FINANCIAL SUMMARY

 

REVENUE  

31/12/2017

31/12/2016

RUBLE 12,199,000

RUBLE 839,000

NET PROFIT / (LOSS)   

31/12/2017  

31/12/2016

RUBLE    100,000

RUBLE  21,000 

PROFIT BEFORE TAX    

RUBLE 27,000 as of 31/12/2016

FISCAL YEAR-END

31 December

NOTES 

The following financial highlights as at 31 December 2016 showed (latest available):

 

                                 31/12/2016    

                                 (in RUBLE)

 

ASSETS

Non-current assets                        0

Current assets 

Trade receivables                 2,721,000

Cash and cash equivalents         5,833,000

Total current assets              8,554,000

Total Assets                      8,554,000

 

EQUITY & LIABILITIES

Total equity                         37,000

Total long-term liabilities               0

Short-term liabilities

Borrowings                           29,000

Accounts payable                  8,488,000

Total short-term liabilities      8,517,000

Total liabilities and equity      8,554,000

 

INCOME STATEMENT

 

Revenue                             839,000

Cost of sales                      (744,000)

Gross profit                         95,000

Profit (loss) from sales             95,000

Other income and expenses

Other income                         21,000

Other expenses                      (89,000)

Profit (loss) before taxation        27,000

Current income tax                   (6,000)

Net profit (loss)                    21,000

 

 

LEGAL STATUS 

 

INCORPORATION

03/08/2016 

REGISTRATION NO.       

C.R. NUMBER

ISSUED BY  

OGRN 1167746736805

Federal Tax Service 

OTHER REGISTRATION NO.     

INN 7726383596 (Tax Code) / KPP 773301001 / OKPO 3844951 (Statistics Code) / OKTMO 45915000000

AUTHORISED CAPITAL     

AMOUNT

CURRENCY

15,000

RUBLE

PAID-UP CAPITAL  

AMOUNT

CURRENCY 

15,000

RUBLE

LEGAL FORM 

Limited Liability Company 

BUSINESS HISTORY 

The Company was incorporated in Russia on 3 August 2016. 

STATUS

Active

SHAREHOLDERS  

NAME  

PERCENTAGE

Irina Nikolaevna Kuzmina

Nationality: Russian

Tax Code: INN 771385938015

100.00% 

 

 

OPERATION 

 

BANKERS   

PAO Sberbank

Vavilova Street 19

117997 Moscow

Russia

Telephone: (+7 495) 957 5731

Fax      : (+7 495) 747 4758   

ACTIVITY CODE (NACE)    

4669 - Wholesale of other machinery and equipment; 6202 - Computer consultancy activities;

LINE OF BUSINESS    

Trading as importers and suppliers of vibration test equipment and electro-dynamic shakers.

 

Subject’s clients include:

 

- Ministry of Education and Science of the Russian Federation;

- AO Azovskiy Optiko-Mekhanicheskiy Zavod;

- AO Concern Radiostroenia VEGA.

IMPORT FROM

China and Hong Kong  

EXPORT TO 

Subject does not engage in exporting activities. 

TRADE REFERENCES 

1. ETS Solutions (China) LTD 

   No. 66 Tong Dun Road, Suzhou National New

   Hi-tech Industrial Park, Suzhou, Jiangsu 

 

2. LABTONE TEST EQUIPMENT CO., LIMITED  

   Room 905, Workingberg Commercial Building, 

   41-47, Marble Road  

   Hong Kong

FACILITIES

Premises comprising administrative offices located at the heading address. 

 

 

SPECIAL REMARKS 

 

INTERVIEWED   

Mr. Aleksandr (Administrative Manager).

COMMENTS    

You enquired on: VIK TEST. Please note that subject’s registered name is as per heading.

 

The address which you provided: Office 12, 17/15 Dyhovskoypereulok 115191 Moscow

Russia applies to subject’s former address. Subject’s current administrative address is as per heading.   

 

 

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

INR 66.78

UK Pound

1

INR 92.89

Euro

1

INR 80.74

RUB

1

INR 1.07 

 

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

 

 

INFORMATION DETAILS

 

Analysis Done by :

VAR

 

 

Report Prepared by :

SYL

                                                


 

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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This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.