MIRA INFORM REPORT

Report No. :	483840
Report Date :	11.01.2018

IDENTIFICATION DETAILS

Name :	OOO AWAN FOODS
Registered Office :	Yablochkova Street 21, Apartment 4, Office 2B, Butyrskiy District, 127322 Moscow
Country :	Russia
Date of Incorporation :	29.09.2010
Com. Reg. No.:	OGRN 1107746792570
Legal Form :	Limited Liability Company
Line of Business :	Non-specialised wholesale of food, beverages and tobacco
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 (30.06.2017)	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'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 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 the GDP falling by close to 4%. The downturn continued through 2016, with GDP contracting by 0.6%. Government support for import substitution has increased recently in an effort to diversify the economy away from extractive industries. Russia is heavily dependent on the movement of world commodity prices and the Central Bank of Russia estimates that if oil prices remain below $40 per barrel in 2017, the resulting shock would cause GDP to fall by up to 5%.

Source : CIA

BRIEF SUMMARY
COMPANY NAME	OOO Awan Foods
ADDRESS	Building	Street			Area			PO Box
	YA21 Business Centre, Floor 3 & 4	Yablochkova Street 21, Apartment 4, Office 2B			Butyrskiy District			127322 Moscow
TEL/FAX	Verified Phones: +(7 495) 787 9007 (temporarily out of service) / Mobile +(7 926) 391 6250 / Fax: +(7 495) 787 9007
EMAIL/WEBSITE	Email: al-zulfiqar@mail.ru / Website: www.awanfoods.ru (under construction)
ACTIVITY	NACE 4639 - Non-specialised wholesale of food, beverages and tobacco;
PRINCIPAL	Zulfiqar Tayab					Workforce
	Chairman					3
LEGAL INFO	Date Of Est.		Reg. No.	Legal Form			Status
	29/09/2010		OGRN 1107746792570	LLC			Active
CAPITAL	CURRENCY			AMOUNT
	RUBLE (RUB)			10,000
	RUBLE (RUB)			10,000

IDENTIFICATION
CO. NAME	OOO Awan Foods
ENQUIRED NAME	AWAN FOODS LIMITED
TRADEMARK	Awan
ALSO KNOWN NAME (S)	Awan Fudz OOO / Awan Foods Limited / Awan Foods Ltd
BUILDING	YA21 Business Centre, Floors 3 & 4
STREET	Yablochkova Street 21, Apartment 4, Office 2B
AREA	Butyrskiy District
POSTAL ADDRESS	127322 Moscow
CITY	Moscow
COUNTRY	Russia
TELEPHONE	+(7 495) 787 9007 (temporarily out of service) / Mobile +(7 926) 391 6250 (Zulfiqar Tayab)
FAX	+(7 495) 787 9007
VERIFIED EMAIL	al-zulfiqar@mail.ru / marketing@awanfoods.ru
WEBSITE	www.awanfoods.ru
BUSINESS HOURS	DAYS	OFFICE HOURS	BREAK TIME
	Mon-Fri	09:00-18:00	13:00-14:00
REGISTERED ADDRESS	Yablochkova Street 21, Apartment 4, Office 2B, Butyrskiy District, 127322 Moscow

SENIOR PERSONNEL
MANAGEMENT	NAME	POSITION
	Zulfiqar Tayab	Managing Director
WORKFORCE	NO. OF EMPLOYEES	PERIOD
	3	01.2018
	5	06.2017

FINANCIAL SUMMARY
REVENUE	31/12/2017	31/12/2018 (projected)
	USD 500,000	USD 650,000
NET PROFIT / (LOSS)	Not given but stated to be 20% of the turnover

LEGAL STATUS
INCORPORATION	29/09/2010
REGISTRATION NO.	C.R. NUMBER	ISSUED BY
	OGRN 1107746792570	Federal Tax Service
OTHER REGISTRATION NO.	INN 7715830475 (Tax Code) / KPP 771501001 / OKPO 68093875 (Statistics Code) / OKTMO 45353000000
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 Moscow on 29 September 2010.
STATUS	Active
SHAREHOLDERS	NAME	PERCENTAGE
	Zulfiqar Tayab (Russian national with Pakistani origins / INN 771304388292)	100.00%

OPERATION
BANKERS	PAO AKB Avangard Sadovnicheskaya Street 12/1 Moscow 115035 Telephone: +(7 495) 234 9898 Fax : +(7 495) 737 7373
ACTIVITY CODE (NACE)	4639 - Non-specialised wholesale of food, beverages and tobacco;
LINE OF BUSINESS	Trading as importers and wholesalers of food products, mainly “Basmati” rice.
IMPORT FROM	LIST OF COUNTRIES	PAYMENT TERMS
	Pakistan	Bill of exchange
EXPORT TO	Subject does not engage in exporting activities
FACILITIES	Rented premises comprising administrative offices located at the heading address as well as storage facilities located elsewhere in Moscow.
RELATED COMPANIES	1. OOO Falcon Sport Yablochkova Street 21, Apartment 4 Office 2B, Butyrskiy District 127322 Moscow Russia Est.: 05/02/2014 Tax Code: INN 7715990670 Sole Shareholder: Zulfiqar Tayab 2. OOO West-Line Travel Dmitrovskoe Highway 27/1 127550 Moscow Russia Est.: 16/07/2008 Tax Code: INN 7713658010 Sole Shareholder: Zulfiqar Tayab 3. OOO West-Line Travels Moskovskiy Avenue 91, Apartment 10H 196084 St. Petersburg Russia Est.: 04/02/2004 Tax Code: INN 7810314304 Sole Shareholder: Zulfiqar Tayab Status: liquidated (date of liquidation: 01/07/2013)

PAYMENT
CREDIT OPINION	We consider it is acceptable to deal with subject for SMALL amounts.
FINANCIAL STRENGTH	Normal
EMPLOYEE RANGE	ER8

SPECIAL REMARKS
INTERVIEWED	Zulfiqar Tayab (Managing Director).
COMMENTS	You enquired on: AWAN FOODS LIMITED. Please note that subject is also known by this name. Subject's correct registered name is as per heading.

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	INR 63.83
UK Pound	1	INR 86.28
Euro	1	INR 76.14
RUB	1	INR 1.12

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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