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MIRA INFORM REPORT
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Report No. : |
500683 |
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Report Date : |
31.03.2018 |
IDENTIFICATION DETAILS
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Name : |
OOO VENDEX |
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Registered Office : |
Presnenskaya Embankment 12, Room A30, Presnenskiy
District, 123100 Moscow |
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Country : |
Russia |
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Financials (as on) : |
31.12.2016 |
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Date of Incorporation : |
02.02.2016 |
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Com. Reg. No.: |
OGRN
1167746112665 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
Trading
as Importers and Wholesalers of Fresh Fruits and Vegetables. |
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No. of Employees : |
10 |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
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MIRA’s Rating : |
A |
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Credit Rating |
Explanation |
Rating Comments |
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A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
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Status : |
Satisfactory |
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Payment Behaviour : |
No Complaints |
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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
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Country Name |
Previous Rating (30.09.2017) |
Current Rating (31.12.2017) |
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Russia |
A2 |
A2 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low Risk |
A2 |
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Moderately Low Risk |
B1 |
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Moderate Risk |
B2 |
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Moderately High Risk |
C1 |
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High Risk |
C2 |
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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.
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Source
: CIA |
BRIEF
SUMMARY
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COMPANY NAME |
OOO VENDEX |
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ADDRESS |
Building |
Street |
Area |
PO Box |
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N/A |
Presnenskaya embankment 12, Room A30 |
Presnenskiy District |
123100 Moscow |
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TEL/FAX |
Verified Phone: (+7 964) 537 8811 |
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EMAIL/WEBSITE |
Email: vladmaskin@yandex.ru / Website: N/A |
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ACTIVITY |
NACE 4631 - Wholesale of fruit and vegetables; NACE 4690 -
Non-specialised wholesale trade. |
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PRINCIPAL |
Vladislav
Valerievich Maskin |
Workforce |
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Managing Director |
10 |
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LEGAL INFO |
Date Of Est. |
Reg. No. |
Legal Form |
Status |
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02/02/2016 |
OGRN
1167746112665 |
LLC |
Active |
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CAPITAL |
CURRENCY |
AMOUNT |
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RUBLE (RUB) |
30,000 |
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IDENTIFICATION
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CO. NAME |
OOO VENDEX |
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ENQUIRED NAME |
VENDEX LLC |
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ALSO KNOWN NAME
(S) |
OOO VENDEKS |
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STREET |
Presnenskaya
embankment 12, Room A30 |
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AREA |
Presnenskiy District |
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POSTAL ADDRESS |
123100 Moscow |
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CITY |
Moscow |
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COUNTRY |
Russia |
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MOBILE |
(+7 964) 537 8811 (Vladislav Valerievich Maskin) / (+7 926) 865 7326 |
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TEL/FAX |
Subject currently does not use any landline phone or fax. |
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VERIFIED EMAIL |
vladmaskin@yandex.ru
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BUSINESS HOURS |
DAYS |
OFFICE HOURS |
BREAK TIME |
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Mon-Fri |
10:00-18:00 |
13:30-14:30 |
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REGISTERED
ADDRESS |
Presnenskaya
embankment 12, Room A30, Presnenskiy District, 123100 Moscow,
Russia |
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SENIOR
PERSONNEL
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MANAGEMENT |
NAME |
POSITION |
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Vladislav Valerievich
Maskin |
Managing
Director |
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WORKFORCE |
NO. OF EMPLOYEES
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PERIOD |
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10 |
03.2018 |
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FINANCIAL
SUMMARY
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REVENUE |
31/12/2017 |
31/12/2016 |
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RUBLE
220,000,000 |
RUBLE 8,312,000 |
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NET PROFIT /
(LOSS) |
31/12/2017 |
31/12/2016 |
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RUBLE 4,000,000 |
RUBLE 101,000 |
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PROFIT BEFORE
TAX |
RUBLE 126,000 as of 31/12/2016 |
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STOCK/INVENTORIES |
RUBLE 2,609,000 as of 31/12/2016 |
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LEGAL
STATUS
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INCORPORATION |
02/02/2016 |
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REGISTRATION
NO. |
C.R. NUMBER |
ISSUED BY |
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OGRN 1167746112665 |
Federal Tax
Service |
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OTHER
REGISTRATION NO. |
INN 7734376144 (Tax
Code) / KPP 770301001 / OKPO 53735291 (Statistics Code) / OKTMO 45371000000 |
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AUTHORISED
CAPITAL |
AMOUNT |
CURRENCY |
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30,000 |
RUBLE |
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PAID-UP CAPITAL |
AMOUNT |
CURRENCY |
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30,000 |
RUBLE |
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LEGAL FORM |
Limited Liability Company |
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BUSINESS
HISTORY |
The Company was incorporated in Russia on 2 February 2016, however its
origins of business activities can be traced back to 2010. |
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STATUS |
Active |
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SHAREHOLDERS |
NAME |
PERCENTAGE |
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Vladislav Valerievich
Maskin Nationality: Russian Tax Code: INN 781627848553 |
100.00% |
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OPERATION
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BANKERS |
1. AO Alfa-Bank Kalanchevskaya Street 27 Moscow 107078 Russia Telephone: (+7 495) 620 9191 SWIFT: ALFARUMM 2. PJSC Bank
Saint-Petersburg Avtozavodskaya Street 22 Moscow 115280 Russia Telephone: (+7 495) 228 3838 |
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ACTIVITY CODE
(NACE) |
4631 - Wholesale
of fruit and vegetables; 4690 - Non-specialised wholesale trade. |
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LINE OF
BUSINESS |
Trading as importers and
wholesalers of fresh fruits and vegetables. Subject’s clients include:
MAGNIT stores and X5 Retail Group. |
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IMPORT FROM |
Morocco, Chile, Peru,
Uzbekistan and India. |
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EXPORT TO |
Subject does not engage in exporting activities. |
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FACILITIES |
Rented premises comprising administrative offices located at the
heading address as well as storage facilities located elsewhere in Moscow. |
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RELATED
COMPANIES |
Associate OOO Sof Trade Kievskoe Highway 22, Building 1, Office-A 7-1 Moscow 142784 Est.: 09/06/2016 C.R. No.: OGRN 1167746551664 Tax Code: INN 7751022787 Shareholders: Vladislav Valerievich
Maskin – 50% Erzhan Nurpeisov – 50% |
FINANCIAL
INFORMATION
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CURRENCY |
RUBLE |
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NOTES |
The following financial highlights as at 31 December
2016 showed:
31/12/2016 (in RUBLE) ASSETS Non-current assets 0 Current assets
Inventories 2,609,000 Trade receivables 2,975,000 Cash and cash equivalents 16,000 Total current assets 5,600,000 Total Assets
5,600,000 EQUITY & LIABILITIES Equity Share capital 30,000 Retained earnings 101,000 Total equity 131,000 Total long-term liabilities 0 Short-term liabilities Borrowings 0 Accounts payable 5,469,000 Total short-term liabilities 5,469,000 Total liabilities and equity 5,600,000 INCOME STATEMENT Revenue 8,312,000 Cost of sales
(8,063,000) Gross profit 249,000 Administrative expenses (104,000) Profit (loss) from sales 145,000 Other income and expenses Other expenses (19,000) Profit (loss) before taxation 126,000 Current income tax (25,000) Net profit (loss) 101,000 |
PAYMENT
RECORDS
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CREDIT
OPINION |
We consider it is
acceptable to deal with subject for SMALL amounts. |
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FINANCIAL
STRENGTH |
Normal |
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EMPLOYEE
RANGE |
ER6 |
SPECIAL
REMARKS
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INTERVIEWED |
Vladislav Valerievich
Maskin (Managing Director). |
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COMMENTS |
You enquired on:
VENDEX LLC. 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
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
INR 65.04 |
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1 |
INR 92.28 |
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Euro |
1 |
INR 80.62 |
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RUB |
1 |
INR 1.13 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
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Analysis Done by
: |
VAR |
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Report Prepared
by : |
TPT |
RATING EXPLANATIONS
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Credit Rating |
Explanation |
Rating Comments |
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A++ |
Minimum Risk |
Business dealings permissible with minimum
risk of default |
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A+ |
Low Risk |
Business dealings permissible with low
risk of default |
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A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
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B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
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C |
Medium High Risk |
Business dealings permissible preferably
on secured basis |
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D |
High Risk |
Business dealing not recommended or on
secured terms only |
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NB |
New Business |
No recommendation can be done due to
business in infancy stage |
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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)
This report is issued at
your request without any risk and responsibility on the part of MIRA INFORM
PRIVATE LIMITED (MIPL) or its officials.