MIRA INFORM REPORT

Report No. :	490579
Report Date :	08.02.2018

IDENTIFICATION DETAILS

Name :	OOO EXIMSTANKOSOLUTIONS
Registered Office :	Kuybishevskoe Highway 41, Apartment H1, Office 213, Liter A, Ryazanskaya Region, 390047 Ryazan
Country :	Russia
Financials (as on) :	31.12.2016
Date of Incorporation :	23.04.2008
Com. Reg. No.:	OGRN 1086230001660
Legal Form :	Limited Liability Company
Line of Business :	Trading as re-exporters, resellers and suppliers of used machine tools, vertical boring mills and electromagnetic clutches.
No. of Employees :	2

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 :	Good
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

Country Name	Previous Rating (30.06.2017)	Current Rating (30.09.2017)
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 EXIMSTANKOSOLUTIONS
ADDRESS	Building	Street			Area			PO Box
	N/A	Kuybishevskoe Highway 41, Apartment H1, Office 213			Liter A, Ryazanskaya Region			390047 Ryazan
TEL/FAX	Verified Phones: +(7 4912) 361 393 / +(7 906) 648 3661 / Fax: +(7 4912) 361 393
EMAIL/WEBSITE	Email: yuri@eximstanko.com / Website: www.eximstanko.com (under construction)
ACTIVITY	NACE 4662 - Wholesale of machine tools;
PRINCIPAL	Yuriy Aleksandrovich Pimenov					Workforce
	Managing Director					2
LEGAL INFO	Date Of Est.		Reg. No.	Legal Form			Status
	23/04/2008		OGRN 1086230001660	LLC			Active
CAPITAL	CURRENCY			AMOUNT
	RUBLE (RUB)			10,000

IDENTIFICATION
CO. NAME	OOO EXIMSTANKOSOLUTIONS
ENQUIRED NAME	Exim Stanko Solutions Ltd.
ALSO KNOWN NAME (S)	OOO EksimStankoSolushnz / Exim Stanko Solutions Ltd / Exim Stanko Solutions
STREET	Kuybishevskoe Highway 41, Apartment H1, Office 213
AREA	Liter A, Ryazanskaya Region
POSTAL ADDRESS	390047 Ryazan
CITY	Ryazan
COUNTRY	Russia
TELEPHONE	+(7 4912) 361 393 / Mobiles +(7 906) 648 3661 (Managing Director) / +(7 903) 693 2662
FAX	+(7 4912) 361 393
VERIFIED EMAIL	yuri@eximstanko.com
WEBSITE	www.eximstanko.com (under construction)
BUSINESS HOURS	DAYS	OFFICE HOURS	BREAK TIME
	Mon-Fri	09:00-18:00	13:00-14:00
REGISTERED ADDRESS	Kuybishevskoe Highway 41, Apartment H1, Office 213, Liter A, Ryazanskaya Region, 390047 Ryazan, Russia.
FORMER ADDRESS	Until 2016 subject was located at: Svyazi Street 25, Ryazan, Russia.

SENIOR PERSONNEL
MANAGEMENT	NAME	POSITION
	Yuriy Aleksandrovich Pimenov Tax Code: INN 622904913670 Nationality: Russian	Managing Director
WORKFORCE	NO. OF EMPLOYEES	PERIOD
	2	01.2018

FINANCIAL SUMMARY
REVENUE	31/12/2017	31/12/2018 (Projected)
	RUBLE 8,000,000	RUBLE 14,000,000
NET PROFIT / (LOSS)	31/12/2016	31/12/2015
	RUBLE 100,000	RUBLE 150,000
PROFIT BEFORE TAX	RUBLE 309,000 as of 31/12/2016
STOCK/INVENTORIES	RUBLE 954,000 as of 31/12/2016

LEGAL STATUS
INCORPORATION	23/04/2008
REGISTRATION NO.	C.R. NUMBER	ISSUED BY
	OGRN 1086230001660	Federal Tax Service
OTHER REGISTRATION NO.	INN 6230061873 (Tax Code) / KPP 623001001 / OKPO 86590531 (Statistics Code) / OKTMO 61701000001
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 23 April 2008.
STATUS	Active
SHAREHOLDERS	NAME	PERCENTAGE
	1. Paul Gerard Murphy Nationality: Canadian 2. James Luis Demery Nationality: British	50.00% 50.00%

OPERATION
BANKERS	1. AO COMMERZBANK (EURASIA) Kadashevskaya Nab. 14/2 Moscow 119017 Telephone: +(7 495) 797 4800 Fax : +(7 495) 797 4800 2. PAO VTB Bank Pochtovaya Street 60a Ryazan 390000 Telephone: +(7 495) 777 2424 Fax : +(7 495) 258 4781 3. PAO Sberbank Vavilova Street 19 117997 Moscow Russia Telephone: (+7 495) 957 5731 Fax : (+7 495) 747 4758
ACTIVITY CODE (NACE)	4662 - Wholesale of machine tools;
LINE OF BUSINESS	Trading as re-exporters, resellers and suppliers of used machine tools, vertical boring mills and electromagnetic clutches.
IMPORT FROM	Subject does not import.
EXPORT TO	Germany, Canada, Switzerland, UK, Kazakhstan, China and India.
FACILITIES	Rented premises comprising administrative offices located at the heading address as well as storage facilities located elsewhere in Ryazan.

FINANCIAL INFORMATION
CURRENCY	RUBLE
PERIOD	31/12/2016	31/12/2015
CURRENT ASSETS	5,922,000	5,170,000
STOCK/INVENTORIES	954,000	827,000
NON-CURRENT ASSETS	0	0
CURRENT LIABILITIES	5,032,000	4,500,000
NON-CURRENT LIABILITIES	0	0
EQUITY	890,000	670,000
BALANCE TOTAL	5,922,000	5,170,000
REVENUE	15,464,000	7,218,000
NET PROFIT / LOSS	220,000	500,000
NOTES	Balance sheets as at 31 December 2016 showed : 31/12/2016 31/12/2015 (in RUBLE) ASSETS Non-current assets 0 0 Current assets Stock 954,000 827,000 Value added tax on purchased valuables 54,000 167,000 Trade receivables 4,102,000 3,537,000 Cash equivalents 812,000 385,000 Other current assets - 254,000 Total current assets 5,922,000 5,170,000 TOTAL ASSETS 5,922,000 5,170,000 EQUITY & LIABILITIES Equity Share capital 10,000 10,000 Retained earnings 880,000 660,000 Total Equity 890,000 670,000 Long-term liabilities 0 0 Short-term Liabilities 5,032,000 4,500,000 TOTAL EQUITY & LIABILITIES 5,922,000 5,170,000 INCOME STATEMENT Revenue 15,464,000 7,218,000 Cost of Sales 8,192,000 4,279,000 Gross Profit 7,272,000 2,939,000 Commercial expenses 6,684,000 2,343,000 Profit(loss) from sales 588,000 596,000 Other income and expenses Other income 15,604,000 7,497,000 Other expenses 15,883,000 7,466,000 Profit(loss) before taxation 309,000 627,000 Change in deferred tax assets 0 -53,000 Current income tax 89,000 74,000 Net Profit(loss) 220,000 500,000

SPECIAL REMARKS
INTERVIEWED	Yuriy Aleksandrovich Pimenov (Managing Director).
COMMENTS	You enquired on: Exim Stanko Solutions Ltd. 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 64.14
UK Pound	1	INR 89.50
Euro	1	INR 79.43
RUB	1	INR 1.11

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

INFORMATION DETAILS

Analysis Done by :	PRI
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.