MIRA INFORM REPORT

Report No. :	505304
Report Date :	28.04.2018

IDENTIFICATION DETAILS

Name :	OOO ZAI M
Registered Office :	Profsoyuznaya Street 66, Bldg 2, Obruchevskiy District, 117393 Moscow
Country :	Russia
Financials (as on) :	31.12.2015
Date of Incorporation :	25.03.2005
Com. Reg. No.:	OGRN 1057746509721
Legal Form :	Limited Liability Company
Line of Business :	· Wholesale of grain, unmanufactured tobacco, seeds and animal feeds · Other retail sale in non-specialised stores
No. of Employees :	3 [2018]

RATING & COMMENTS

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

MIRA’s Rating :

A

Credit Rating	Explanation	Rating Comments
A	Acceptable Risk	Business dealings permissible with moderate risk of default

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

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 ZAI M
ADDRESS	Building	Street			Area			PO Box
	N/A	Profsoyuznaya Street 66, Bldg 2			Obruchevskiy District			117393 Moscow
TEL/FAX	Verified Phones: (+7 926) 230 5147
ACTIVITY	NACE 4621 - Wholesale of grain, unmanufactured tobacco, seeds and animal feeds; NACE 4719 - Other retail sale in non-specialised stores;
PRINCIPAL	Zainudin Magomedovich Zainudinov					Workforce
	Managing Director					3
LEGAL INFO	Date Of Est.		Reg. No.	Legal Form			Status
	25/03/2005		OGRN 1057746509721	LLC			Active
CAPITAL	CURRENCY			AMOUNT
	RUBLE (RUB)			10,000

IDENTIFICATION
CO. NAME	OOO ZAI M
ALSO KNOWN NAME (S)	LLC ZAI M
STREET	Profsoyuznaya Street 66, Bldg 2
AREA	Obruchevskiy District
POSTAL ADDRESS	117393 Moscow
CITY	Moscow
COUNTRY	Russia
TELEPHONE	(+7 926) 230 5147 (Zainudin Magomedovich Zainudinov) / (+7 495) 335 0611 (currently out of service)
FAX	Subject currently does not use any landline phone or fax.
BUSINESS HOURS	DAYS	OFFICE HOURS	BREAK TIME
	Mon-Fri	09:00-18:00	13:00-14:00
REGISTERED ADDRESS	Profsoyuznaya Street 66, Bldg 2, Obruchevskiy District, 117393 Moscow, Russia

SENIOR PERSONNEL
MANAGEMENT	NAME	POSITION
	Zainudin Magomedovich Zainudinov	Managing Director
WORKFORCE	NO. OF EMPLOYEES	PERIOD
	3	04.2018

FINANCIAL SUMMARY
REVENUE	31/12/2017	31/12/2015
	RUBLE 8,000,000	RUBLE 9,660,000
NET PROFIT / (LOSS)	RUBLE (471,000) as of 31/12/2015
STOCK/INVENTORIES	RUBLE 1,968,000 as of 31/12/2015
NOTES	The following financial highlights as at 31 December 2015 showed (latest available): 31/12/2015 (in RUBLE) ASSETS Non-current assets Fixed assets 1,108,000 Total non-current assets 1,108,000 Current assets Inventories 1,968,000 Value added tax on purchased valuables 488,000 Trade receivables 199,000 Cash and cash equivalents 28,000 Total current assets 2,683,000 Total Assets 3,790,000 EQUITY & LIABILITIES Equity Share capital 10,000 Retained earnings (1,191,000) Total equity (1,181,000) Total long-term liabilities 600,000 Short-term liabilities Accounts payable 4,371,000 Total short-term liabilities 4,371,000 Total liabilities and equity 3,790,000 INCOME STATEMENT Revenue 9,660,000 Cost of sales (389,000) Gross profit 9,271,000 Administrative expenses (10,508,000) Profit (loss) from sales (1,237,000) Other income and expenses Other income 886,000 Other expenses (120,000) Profit (loss) before taxation (471,000) Net profit (loss) (471,000)
FISCAL YEAR-END	31 December

LEGAL STATUS
INCORPORATION	25/03/2005
REGISTRATION NO.	C.R. NUMBER	ISSUED BY
	OGRN 1057746509721	Federal Tax Service
OTHER REGISTRATION NO.	INN 7728542675 (Tax Code) / KPP 772801001 / OKPO 76453158 (Statistics Code) / OKTMO 45905000000
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 25 March 2005.
STATUS	Active
SHAREHOLDERS	NAME	PERCENTAGE
	Zainudin Magomedovich Zainudinov Nationality: Russian Tax Code: INN 772807885013	100.00%

OPERATION
BANKERS	Subject declined to name its bankers.
ACTIVITY CODE (NACE)	4621 - Wholesale of grain, unmanufactured tobacco, seeds and animal feeds; 4719 - Other retail sale in non-specialised stores;
LINE OF BUSINESS	Trading as importers and wholesalers of rice agricultural seeds.
IMPORT FROM	Pakistan
EXPORT TO	Subject does not engage in exporting activities.
FACILITIES	Premises comprising administrative offices located at the heading address.
RELATED COMPANIES	Former Associates 1. OOO Tvoi Sad Proletarskiy Avenue 17, Block 1, Room 7 Moscow 115522 Est.: 20/12/2006 C.R. No.: OGRN 1067761345420 Tax Code: INN 7737516801 Managing Director: Anna Lovitskaya 2. OOO Olimp Trading Profsoyuznaya Street 16/10 Moscow 117292 Tax Code: INN 7728202245 Managing Director: Zainudin Magomedovich Zainudinov

SPECIAL REMARKS
INTERVIEWED	Zainudin Magomedovich Zainudinov (Managing Director).
COMMENTS	You enquired on: LLC ZAI M. 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 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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