MIRA INFORM REPORT

Report No. :	510950
Report Date :	26.05.2018

IDENTIFICATION DETAILS

Name :	OOO KP IMPORT
Registered Office :	Centralnaya Street 62a, village Korgashino, Moscow Region 1410330020Mytyshi
Country :	Russia
Financials (as on) :	31.12.2016
Date of Incorporation :	24.02.2015
Com. Reg. No.:	OGRN 1155029001467
Legal Form :	LLC
Line of Business :	Subject is engaged in importers and wholesalers of canned foods, fruits and vegetables.
No. of Employees :	7

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 :	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 (30.09.2017)	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

BRIEF SUMMARY
COMPANY NAME	OOO KP IMPORT
ADDRESS	Building	Street			Area			PO Box
	N/A	Centralnaya Street 62a			village Korgashino, Moscow Region			141033 Mytyshi
TEL/FAX	Verified Phones: (+7 495) 748 1075 / Fax: (+7 495) 748 1079
EMAIL/WEBSITE	Email: bg@paradplus.ru / info@paradplus.ru / Website: www.paradplus.ru (applies to subject’s affiliate)
ACTIVITY	NACE 4690 - Non-specialised wholesale trade; NACE 4631 - Wholesale of fruit and vegetables;
PRINCIPAL	Pavel Alekseevich Kremenetskiy					Workforce
	Managing Director					7
LEGAL INFO	Date Of Est.		Reg. No.	Legal Form			Status
	24/02/2015		OGRN 1155029001467	LLC			Active
CAPITAL	CURRENCY			AMOUNT
	RUBLE (RUB)			10,000

IDENTIFICATION
CO. NAME	OOO KP IMPORT
ENQUIRED NAME	LLC KP IMPORT
TRADEMARK	DELCOFF / SLIMFOOD / SELIZHARO
STREET	Centralnaya Street 62a
AREA	village Korgashino, Moscow Region
POSTAL ADDRESS	141033 Mytyshi
CITY	Mytyshi
COUNTRY	Russia
TELEPHONE	(+7 495) 748 1075
FAX	(+7 495) 748 1079
VERIFIED EMAIL	bg@paradplus.ru / info@paradplus.ru
WEBSITE	www.paradplus.ru (applies to subject’s affiliate)
BUSINESS HOURS	DAYS	OFFICE HOURS	BREAK TIME
	Mon-Fri	09:00-18:00	13:00-14:00
REGISTERED ADDRESS	Centralnaya Street 62a, village Korgashino, Moscow Region, 141033 Mytyshi, Russia.
ADDITIONAL ADDRESS	prozed Serebryakova 2, Block 1, Moscow.

SENIOR PERSONNEL
MANAGEMENT	NAME	POSITION
	Pavel Alekseevich Kremenetskiy Nationality: Russian Tax Code: INN 501803456847	Managing Director
	Ms. Anna Pavlovna	Admin Manager
WORKFORCE	NO. OF EMPLOYEES	PERIOD
	7	05.2018

FINANCIAL SUMMARY
REVENUE	31/12/2017 (approx)	31/12/2016
	RUBLE 900,000,000	RUBLE 764,181,000
NET PROFIT / (LOSS)	31/12/2017	31/12/2016
	RUBLE 2,000,000	RUBLE 1,127,000
PROFIT BEFORE TAX	RUBLE 1,408,000 as of 31/12/2016
STOCK/INVENTORIES	RUBLE 308,912,000 as of 31/12/2016
FISCAL YEAR-END	31 December.

LEGAL STATUS
INCORPORATION	24/02/2015
REGISTRATION NO.	C.R. NUMBER	ISSUED BY
	OGRN 1155029001467	Federal Tax Service
OTHER REGISTRATION NO.	INN 5029194887 (Tax Code) / KPP 502901001 / OKPO 70426752 (Statistics Code) / OKTMO 46746000241
AUTHORISED CAPITAL	AMOUNT	CURRENCY
	10,000	RUBLE
PAID-UP CAPITAL	AMOUNT	CURRENCY
	10,000	RUBLE
BUSINESS HISTORY	The Company was incorporated in Russia on 24 February 2015, however its origins of business activities can be traced back to 1996.
LEGAL FORM	Limited Liability Company
STATUS	Active
SHAREHOLDERS	NAME	PERCENTAGE
	Pavel Pavlovich Kremenetskiy Nationality: Russian Tax Code: INN 503825607331 (son of Mr. Pavel Alekseevich Kremenetskiy)	100.00%

OPERATION
BANKERS	PAO Sberbank Vavilova Street 19 117997 Moscow Russia Telephone: (+7 495) 957 5731 Fax : (+7 495) 747 4758
ACTIVITY CODE (NACE)	4690 - Non-specialised wholesale trade; NACE 4631 - Wholesale of fruit and vegetables;
LINE OF BUSINESS	Trading as importers and wholesalers of canned foods, fruits and vegetables. Subject’s affiliate manufacturers canned fruits and vegetables under the trademark “DELCOFF”, “SLIMFOOD” and “SELIZHARO”.
IMPORT FROM	India, China, Moldova, Hungary, Spain, Italy, Greece and Thailand.
EXPORT TO	Subject does not engage in exporting activities.
TRADE REFERENCES	1. Koliate Co., Ltd 110/834 5th Floor, Charoennakorn Soi 13, Charoennakorn Road, Klongtonsai,/nKlongsan, Bangkok 10600 Thailand 2. Pannon Konzerv KFT HU -8060 Mor, Major u.3 Hungary 3. Valbe Foods(India) Pvt Ltd Flat No. 18 & 18A, Deepti Apartaments, No. 9- 1-7/83 & 84, 3rd Floor, S.P.Road, Secunderabad India 4. Lianyungang Tianle Food Co., Ltd 18 Qianjin Road,Chaoyang Town,Lianyungang City, Jiangsu Province China 5. R.B. Agro Exports No: 407,3d Floor , 7th Cross H S R Layout, Bangalore – 560102 Karnataka State India 6. Dalian Xinglong Food Co., Ltd No. 148 Xingnan Tun, Xinglong Village, Jiahe Town, Pulandian City, Dalian, Liaoning Province, Postal Code 116214 China 7. Blossom Showers Agro Survey No 1183/B/1, Near Kptcl Power Station, Ujjaini Road, Kotttur-583 134, Kudligi Taluk, Bellary District, Karnataka India 8. Garden City Agro Exports Pvt Ltd No:106, 1 ST A Cross, Guttahalli Chowdappa Building, Gangamma temple Street, M V Extention, Hoskote, Bangalore – 562 114 India 9. Ken Agritech Pvt Ltd. 131/1 A, Anchatgeri, Karwar Road, Hubli-580 024, Karnataka India 10.Qingdao Junyali International Trade Co., Ltd No. 8, Shandong Road, Qingdao China 11.V&K Pineapple Canning Co., Ltd 99/9 Moo.7 T.Nongpanchan, Bankha, Ratchaburi 70180 Thailand 12.DELCOF S.A. P.O. Box 5, Kopanos Anthemion Imathia GR 590 35, Greece 13.Takerng Pineapple Industrial Co., Ltd 220 Moo 6, T. Salalai, Samroiyod, Prachuabkirikhan 77180 Thailand 14.Vente Trade CO., LTD 177/1 Bangkok Union Insurance Building, 15th floor, Unit 1 Surawongse Road, Suriyawongse, Bangrak, Bangkok 10500 Thailand 15.Zhangzhou Longjiang Import And Export Corporation 4th Floor Longjiang Bldg. East Shengli Rd. Zhangzhou, Fujian China 16.Fructo Sliven (JSC) Str. Bratia miladinovi 47, 9000 Varna Bulgaria
FACILITIES	Premises comprising administrative offices located at the heading address as well as additional offices with integrated storage facilities located at prozed Serebryakova 2, Block 1, Moscow.
RELATED COMPANIES	Associates 1. OOO Kompaniya Parad 2002 Centralnaya Street 62a Moscow Region 141033 Mytyshi Est.: 11/06/2002 C.R. No.: OGRN 1027739008208 Tax Code: INN 7706270594 Sole Shareholder: Pavel Pavlovich Kremenetskiy 2. OOO Lidiya-2004 Centralnaya Street 62a Moscow Region 141033 Mytyshi Est.: 08/06/2004 C.R. No.: OGRN 1047796408219 Tax Code: INN 7717511259 Managing Director: Pavel Pavlovich Kremenetskiy 3. OOO Torgoviy Dom Parad Plyus Centralnaya Street 62a Moscow Region 141033 Mytyshi Est.: 18/07/2014 C.R. No.: OGRN 1145029008739 Tax Code: INN 5029187618 Shareholders: Pavel Alekseevich Kremenetskiy – 90% Pavel Pavlovich Kremenetskiy – 10% 4. OOO Lidiya-97 Centralnaya Street 62a Moscow Region 141033 Mytyshi Est.: 02/09/1997 C.R. No.: OGRN 1027739612603 Tax Code: INN 7719166569 Managing Director: Pavel Pavlovich Kremenetskiy

FINANCIAL INFORMATION
CURRENCY	RUBLE
NOTES	The following financial highlights as at 31 December 2016 showed (latest available): 31/12/2016 (in RUBLE) ASSETS Non-current assets 0 Current assets Stock 308,912,000 Value added tax on purchased valuables 254,000 Trade receivables 122,853,000 Total current assets 432,019,000 Total Assets 432,019,000 EQUITY & LIABILITIES Total equity 1,498,000 Total long-term liabilities 200,999,000 Short-term liabilities Borrowings 72,026,000 Accounts payable 157,497,000 Total short-term liabilities 229,523,000 Total liabilities and equity 432,019,000 INCOME STATEMENT Revenue 764,181,000 Cost of sales (755,172,000) Gross profit 9,009,000 Commercial expenses (8,660,000) Profit (loss) from sales 349,000 Other income and expenses Other income 78,455,000 Other expenses (77,396,000) Profit (loss) before taxation 1,408,000 Current income tax (281,000) Net profit (loss) 1,127,000

PAYMENT RECORDS
FINANCIAL STRENGTH	Normal
EMPLOYEE RANGE	ER7

SPECIAL REMARKS
COMMENTS	You enquired on: LLC KP IMPORT. 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 68.26
UK Pound	1	INR 91.21
Euro	1	INR 79.88
RUB	1	INR 1.09

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

INFORMATION DETAILS

Analysis Done by :	VAR
Report Prepared by :	DNS

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.