MIRA INFORM REPORT

 

 

Report No. :

511336

Report Date :

30.05.2018

 

 

 

IDENTIFICATION DETAILS

 

Name :

OOO MIRACLE PHARM

 

 

Registered Office :

Logisticheskaya (Severniy Mkr.) Street 1/6, Moscow Region, 142000 Domodedova  

 

 

Country :

Russia

 

 

Financials (as on) :

31.12.2016

 

 

Date of Incorporation :

20.11.2013

 

 

Com. Reg. No.:

OGRN 5137746100487

 

 

Legal Form :

Limited Liability Company 

 

 

Line of Business :

Wholesale of pharmaceutical goods

 

 

No. of Employees :

20

 

 

 

 

 

RATING & COMMENTS

(Mira Inform has adopted New Rating mechanism w.e.f. 23rd 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

(30.09.2017)

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

 

SUMMARY    

 

COMPANY NAME

OOO MIRACLE PHARM  

 

ADDRESS

Building

Street

Area

PO Box

N/A

Logisticheskaya (Severniy Mkr.) Street 1/6

Moscow Region

142000

Domodedova

TEL/FAX 

Verified Phones: (+7 495) 984 7579 / Fax: (+7 495) 984 7579

EMAIL/WEBSITE

Email: a.zhukova@ncpharm.ru / Website: N/A

ACTIVITY

NACE 4646 - Wholesale of pharmaceutical goods;

PRINCIPAL 

Eduard Nikolaevich Savin   

Workforce 

Managing Director 

20  

LEGAL INFO 

 

Date Of Est.

Reg. No.

Legal Form

Status

20/11/2013

OGRN 5137746100487

LLC 

Active

CAPITAL

CURRENCY

AMOUNT

RUBLE (RUB) 

3,000,000 

             

                       

IDENTIFICATION

 

CO. NAME

OOO MIRACLE PHARM

ENQUIRED NAME

MIRACLE PHARM LLC

ALSO KNOWN NAME (S)

OOO Mirakl Farm / MIRACLE PHARM LLC

STREET

Logisticheskaya (Severniy Mkr.) Street 1/6

AREA

Moscow Region

POSTAL ADDRESS

142000 Domodedova

CITY

Domodedova

COUNTRY

Russia

TELEPHONE

(+7 495) 984 7579

FAX

(+7 495) 984 7579

VERIFIED EMAIL

a.zhukova@ncpharm.ru

BUSINESS HOURS

DAYS

OFFICE HOURS

BREAK TIME

Mon-Fri

09:00-18:00

13:00-14:00

REGISTERED ADDRESS

Logisticheskaya (Severniy Mkr.) Street 1/6, Moscow Region, 142000 Domodedova, Russia  

ADDITIONAL OFFICE

Mira Avenue 13, Office 215, Moscow 129090, Russia.

 

 

SENIOR PERSONNEL

 

MANAGEMENT

NAME

POSITION

Eduard Nikolaevich Savin

Nationality: Russian

Tax Code:

INN 772138670100

Managing Director 

Anastasiya Zhukova

Chief Accountant

WORKFORCE

NO. OF EMPLOYEES

PERIOD

20

05.2018

 

 

FINANCIAL SUMMARY

 

REVENUE  

31/12/2017 (approx)

31/12/2016

RUBLE 1,200,000,000

RUBLE 885,614,000

NET PROFIT / (LOSS)   

31/12/2016  

31/12/2015

RUBLE   143,055,000

RUBLE  (2,447,000)

PROFIT BEFORE TAX    

RUBLE 178,835,000 as of 31/12/2016

STOCK/INVENTORIES   

RUBLE 197,513,000 as of 31/12/2016

FISCAL YEAR-END 

31 December. 

 

 

LEGAL STATUS 

 

INCORPORATION

20/11/2013

REGISTRATION NO.       

C.R. NUMBER

ISSUED BY  

OGRN 5137746100487

Federal Tax Service 

OTHER REGISTRATION NO.     

INN 7727819846 (Tax Code) / KPP 500901001 / OKPO 20658919 (Statistics Code) / OKTMO 46709000001

AUTHORISED CAPITAL     

AMOUNT

CURRENCY

3,000,000

RUBLE

PAID-UP CAPITAL  

AMOUNT

CURRENCY 

3,000,000

RUBLE

BUSINESS HISTORY

The Company was incorporated in Russia on 20 November 2013.  

LEGAL FORM     

Limited Liability Company 

STATUS

Active

SHAREHOLDERS  

NAME  

PERCENTAGE

Aleksandr Markovich Malinkovich

Nationality: Russian

Tax Code: INN 771410096911

100.00% 

 

 

 

 

OPERATION 

 

BANKERS   

AO Alfa-Bank

Kalanchevskaya Street 27

Moscow 107078

Russia

Telephone: (+7 495) 620 9191

SWIFT: ALFARUMM

ACTIVITY CODE (NACE)    

4646 - Wholesale of pharmaceutical goods;

LINE OF BUSINESS    

Trading as importers, distributors and wholesalers of pharmaceutical products as well as pharmaceutical substances used for manufacturing of domestic drug products: antibiotics, products for ulcers and cardiovascular diseases, and vitamins. 

 

Subject closely cooperates with:

 

OOO NC Pharm

Logisticheskaya (Severniy Mkr.) Street 1/6, Moscow Region

142000 Domodedova

Russia

Est.: 11/07/2001

Managing Director: Garold Vlasov

C.R. No.: OGRN 1037700144272

Tax Code: INN 7710384474

IMPORT FROM

Europe, USA, China and India.

EXPORT TO 

Subject does not engage in exporting activities. 

TRADE REFERENCES 

1. OAO AVVA RUS

   Krylatskie Kholmy Street 30/9

   Moscow 121614

   Russia

 

2. OAO Biokhimik

   Vasenko Street 15a

   Saransk

   Republic of Mordovia

   Russia 

 

FACILITIES

Premises comprising administrative offices located at the heading address as well as additional offices located at Mira Avenue 13, Office 215, Moscow 129090, Russia. 

 

RELATED COMPANIES

Associates

 

1. OOO IMPEX

   Polevaya Street 1a/4

   Smolenskiy District

   vllage Pechersk 

   Smolensk Region

   Est.: 06/04/2010 

   C.R. No.: OGRN 1106731003059

   Tax Code: INN 6731080330

   Sole Shareholder:

   Aleksandr Markovich Malinkovich

 

2. OOO Solo Film Studiya

   Aviamotornaya Street 50/2

   Moscow 111024

   Est.: 09/02/2017 

   C.R. No.: OGRN 1177746125864

   Tax Code: INN 7722389981

   Sole Shareholder:

   Aleksandr Markovich Malinkovich

 

3. OOO AVTOPROM SERVIS

   Staroobryadcheskaya Street 28a/1

   Moscow 111024

   Est.: 11/02/2016 

   C.R. No.: OGRN 1167746150494

   Tax Code: INN 7722354805

   Shareholders:

   Aleksey Tarasov – 33.4%

   Aleksandr Markovich Malinkovich – 33.3%

   Denis Frolov – 33.3%

 

 

FINANCIAL INFORMATION 

 

CURRENCY   

RUBLE

NOTES

Balance sheets as at 31 December 2016 showed :

 

                    31/12/2016      31/12/2015

                            (in RUBLE)

 

ASSETS

Total non-current

assets                       0               0

Current assets

Stock              197,513,000         126,000

Value added tax on

purchased valuables  8,855,000               0

Trade 

receivables        349,895,000         309,000

Financial

investments          3,465,000               0

Cash equivalents    32,255,000         163,000

Other currents assets   49,000               0

Total current

assets             592,033,000         598,000

TOTAL ASSETS       592,033,000         598,000

 

EQUITY & LIABILITIES

Total Equity       140,105,000      (2,951,000)

Total long-term

liabilities                  0               0

Short-term

liabilities

Borrowings           2,923,000       2,651,000

Accounts payable   449,004,000         898,000

Total Short-term

Liabilities        451,927,000       3,549,000

TOTAL EQUITY &

LIABILITIES        592,033,000         598,000

 

INCOME STATEMENT

 

Revenue            885,614,000       1,939,000

Cost of Sales     (679,348,000)     (3,484,000)

Gross Profit       206,266,000      (1,545,000)

Administrative

expenses           (22,968,000)              0

Profit(loss) from

sales              183,298,000      (1,545,000)

Other income and expenses

Interest income        125,000               0

Interest payable      (272,000)              0

Other income        82,071,000               0

Other expenses     (86,387,000)       (899,000)

Profit(loss) before

taxation           178,835,000      (2,444,000)

Current income tax (35,780,000)         (3,000)

Net Profit(loss)   143,055,000      (2,447,000)

 

 

SPECIAL REMARKS 

 

INTERVIEWED   

Anastasiya Zhukova (Chief Accountant).

COMMENTS    

You enquired on: MIRACLE PHARM 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

 

Currency
Unit

Indian Rupees

US Dollar

1

INR 67.82

UK Pound

1

INR 90.17

Euro

1

INR 78.70

RUB

1

INR 1.08

 

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

 

 

INFORMATION DETAILS

 

Analysis Done by :

NIY

 

 

Report Prepared by :

TRU

                                                


 

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)

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.