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MIRA INFORM REPORT
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Report No. : |
509178 |
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Report Date : |
18.05.2018 |
IDENTIFICATION DETAILS
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Name : |
OOO PRAKTIK |
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Registered Office : |
Commercial Building, 2nd
Floor Onegskaya Street 35, Liter A, Room 2,
Krasnodar Region, 350059 Krasnodar |
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Country : |
Russia |
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Financials (as on) : |
31.12.2016 |
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Date of Incorporation : |
21.12.2001 |
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Com. Reg. No.: |
OGRN 1032307161776 |
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Legal Form : |
LLC |
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Line of Business : |
Subject is engaged in Trading as
importers and wholesalers of foodstuff, mainly macaroni products and canned
food. |
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No. of Employees : |
25 |
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
PRAKTIK |
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ADDRESS |
Building |
Street |
Area |
PO Box |
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Commercial Building, 2nd Floor |
Onegskaya
Street 35, Liter A, Room 2 |
Krasnodar
Region |
350059 Krasnodar |
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TEL/FAX |
Verified
Phones: (+7 861) 279 6148 / Fax: (+7 861) 231 7339 |
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EMAIL/WEBSITE |
Email:
praktik2002@yandex.ru / Website: www.praktikfood.ru |
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ACTIVITY |
NACE
4617 - Agents involved in the sale of food, beverages and tobacco; NACE 4636 -
Wholesale of sugar and chocolate and sugar confectionery; |
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PRINCIPAL |
Yuriy Mikhailovich Kamyshnikov |
Workforce |
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Managing
Director |
25 |
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LEGAL
INFO |
Date Of
Est. |
Reg. No. |
Legal
Form |
Status |
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21/12/2001 |
OGRN 1032307161776 |
LLC |
Active |
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CAPITAL |
CURRENCY |
AMOUNT |
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RUBLE
(RUB) |
20,000 |
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IDENTIFICATION
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CO. NAME |
OOO PRAKTIK |
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ALSO KNOWN NAME (S) |
Praktik
Food / LLC PRAKTIK |
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BUILDING |
Commercial
Building, 2nd Floor |
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STREET |
Onegskaya Street 35, Liter A, Room 2 |
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AREA |
Krasnodar Region |
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POSTAL ADDRESS |
350059 Krasnodar |
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CITY |
Krasnodar |
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COUNTRY |
Russia |
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TELEPHONE |
(+7 861) 279 6148
/ (+7 861) 231 7339 / (+7 861) 237 2818 |
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FAX |
(+7
861) 231 7339 |
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VERIFIED EMAIL |
praktik2002@yandex.ru |
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WEBSITE |
www.praktikfood.ru |
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BUSINESS HOURS |
DAYS |
OFFICE HOURS |
BREAK TIME |
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Mon-Fri |
09:00-18:00 |
13:00-14:00 |
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REGISTERED ADDRESS |
Onegskaya Street 35, Liter A, Room
2, 350059 Krasnodar, Russia |
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WAREHOUSE ADDRESS |
Novorossiyskaya Street 220,
Krasnodar |
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SENIOR
PERSONNEL
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MANAGEMENT |
NAME |
POSITION |
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Yuriy
Mikhailovich Kamyshnikov |
Managing Director |
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Natalya Aleksandrovna Ms. Dariya |
Chief Accountant Manager |
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WORKFORCE |
NO. OF EMPLOYEES |
PERIOD |
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25 |
05.2018 |
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FINANCIAL
SUMMARY
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REVENUE |
31/12/2017 |
31/12/2016 |
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RUBLE 290,000,000 |
RUBLE 269,165,000 |
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NET PROFIT / (LOSS) |
31/12/2017 |
31/12/2016 |
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RUBLE 15,000,000 |
RUBLE 12,848,000 |
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PROFIT BEFORE TAX |
RUBLE 16,084,000 as of 31/12/2016 |
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STOCK/INVENTORIES |
RUBLE
39,000,000 as of April 2018 |
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FISCAL YEAR-END |
31 December |
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LEGAL
STATUS
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INCORPORATION |
21/12/2001 |
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REGISTRATION NO. |
C.R. NUMBER |
ISSUED BY |
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OGRN 1032307161776 |
Federal Tax Service |
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OTHER REGISTRATION NO. |
INN 2312094093 (Tax
Code) / KPP 231201001 / OKPO 10091736 (Statistics Code) / OKTMO 03701000001 /
OKATO 03401372 |
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AUTHORISED CAPITAL |
AMOUNT |
CURRENCY |
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20,000 |
RUBLE |
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PAID-UP CAPITAL |
AMOUNT |
CURRENCY |
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20,000
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RUBLE |
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LEGAL FORM |
Limited Liability Company |
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BUSINESS HISTORY |
The Company was incorporated in
Russia on 21 December 2001 and started trading in mid 2002. |
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STATUS |
Active |
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SHAREHOLDERS |
NAME |
PERCENTAGE |
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Yuriy
Mikhailovich Kamyshnikov Nationality: Russian Tax Code: INN 231110254572 |
100.00% |
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OPERATION
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BANKERS |
PAO BANK URALSIB Yuzhniy Branch Krasnaya Street 147 Krasnodar Russia Telephone: (+7 861) 219 2700 Fax : (+7 495) 723 7777 SWIFT: AVTBRUMM |
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ACTIVITY CODE (NACE) |
4617 - Agents involved in the sale
of food, beverages and tobacco; 4636 - Wholesale of sugar and chocolate and
sugar confectionery; |
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LINE OF BUSINESS |
Trading
as importers and wholesalers of foodstuff, mainly macaroni products and
canned food. Agents
for Donna Chiara and Pantanella. Subject’s
clients include: Titan, Tabris and Mevan. |
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IMPORT FROM |
Europe,
mainly from Italy as well as from India, China, Vietnam and Thailand. |
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EXPORT TO |
Subject does not engage in exporting
activities. |
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TRADE REFERENCES |
1. Tianjin Kunyu International Co.,
Ltd
Tianjin, Teda, Hai Wang Yuan, The Third
Avenue, Room 101, Gate 9
China 2. Gia Dat Trading & Export
Import Joint Stock
Company
No. 28/252/53 Tay Son street, Dong Da, Hanoi
Vietnam 3. BHARATHI ASSOCIATES
Post Box №3, B. M. Road, Boovanahalli,
Hassan, 573201 Karnataka
India 4. Vente Trade Co., Ltd.
Bangkok Union Insurance Building, 15th Floor
Unit 1 Surawongse Road, Suriyawongse
Subdistrict, Bangrak District, Bangkok 10500
Thailand |
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FACILITIES |
Premises comprising administrative
offices located at the heading address as well as warehousing facilities
located at Novorossiyskaya Street 220, Krasnodar. |
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RELATED COMPANIES |
Associate OOO Praktik-Sevastopol Kamyshevskoye Highway 5/23 Sevastopol 299014 Russia Est.: 20/12/2016 C.R. No.: OGRN 1169204062554 Tax Code: INN 9201518800 Managing Director: Sergey Gorbunov Shareholders: Yuriy
Mikhailovich Kamyshnikov – 50% Boris
Konstantinovich Kunitsyn – 50% Former
Associates 1.
OOO Praktik-Krym D. Ulyanova Street 22 Simferopol Republic of Krym Russian Federation Est.: 18/04/2014 C.R. No.: OGRN 1149102000090 Managing Director: Petr Suzdalev Sole Shareholder: Yuriy Mikhailovich Kamyshnikov Status: Liquidated Date of Liquidation: 14/04/2017 2.
OOO Trans-Praktik Onegskaya Street 35 Krasnodar 350059 Russia Est.: 25/01/2005 C.R. No.: OGRN 1052307150279 Managing Director: Andrey Krasnikov Shareholders: Yuriy Mikhailovich Kamyshnikov – 75% Sergey Vladimirov – 15% Andrey Krasnikov – 10% Status: Liquidated Date of Liquidation: 20/07/2015 |
FINANCIAL
INFORMATION
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CURRENCY |
RUBLE |
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PERIOD |
31/12/2016 |
31/12/2015 |
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CURRENT ASSETS |
116,605,000 |
114,315,000
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STOCK/INVENTORIES |
48,243,000 |
44,664,000 |
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NON-CURRENT ASSETS |
6,395,000 |
2,383,000 |
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CURRENT LIABILITIES |
66,039,000 |
72,585,000 |
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NON-CURRENT LIABILITIES |
0 |
0 |
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EQUITY |
56,961,000 |
44,113,000 |
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BALANCE TOTAL |
123,000,000 |
116,698,000
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REVENUE |
269,165,000 |
270,639,000
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NET PROFIT / LOSS |
12,848,000 |
19,907,000 |
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NOTES |
Balance
sheets as at 31 December 2016 showed (latest available): 31/12/2016 31/12/2015 (in RUBLE) ASSETS Non-current
assets Fixed
assets 6,395,000 2,383,000 Total
non-current assets 6,395,000 2,383,000 Current
assets Stock 48,243,000 44,664,000 Trade
receivables 68,362,000 69,574,000 Cash
equivalents 0 77,000 Total
current assets 116,605,000 114,315,000 TOTAL
ASSETS 123,000,000 116,698,000 EQUITY
& LIABILITIES Total
Equity 56,961,000 44,113,000 Total
long-term liabilities 0 0 Short-term
Liabilities Borrowings 56,608,000 58,967,000 Accounts
payable 9,431,000 13,618,000 Total
Short-term Liabilities 66,039,000 72,585,000 TOTAL
EQUITY & LIABILITIES 123,000,000 116,698,000 INCOME
STATEMENT Revenue 269,165,000 270,639,000 Cost
of Sales (243,325,000) (234,992,000) Gross
Profit 25,840,000 35,647,000 Profit(loss)
from sales 25,840,000 35,647,000 Other
income and expenses Other
income 1,366,000 1,158,000 Other
expenses (11,122,000) (11,563,000) Profit(loss)
before taxation 16,084,000 25,242,000 Current income tax (3,236,000) (5,335,000) Net Profit(loss) 12,848,000 19,907,000 |
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FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
INR 67.71 |
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|
1 |
INR 91.89 |
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Euro |
1 |
INR 79.89 |
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RUB |
1 |
INR 1.09 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
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Analysis Done by
: |
PRI |
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Report Prepared
by : |
DNS |
RATING EXPLANATIONS
|
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.