About Cargoways Shipping Private Limited
Data last updated:
Cargoways Shipping Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the cargo services segment of the transport and logistics sector. It was incorporated on 25 August 2010.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U63000MH2010PTC207010. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Ram Vasant Kotak and Blossom Ram Kotak.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at 203 Elphinstone House 17 Murzban Road Fort, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2016, the company reported a revenue of ₹2.36 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹43.52 Lakh (net margin -18.5%) and EBITDA of -₹39.94 Lakh (EBITDA margin -16.9%).
The company had about 3 employees on its provident fund (EPFO) records before it was struck off.
Court records list 7 cases involving the company, including 7 filed against it; 3 cases are pending.
The last known website on record is cargowayslogistics.in.
Company details
Contact details
Cargoways Shipping Private Limited's registered office is in Mumbai, Maharashtra. Its website is cargowayslogistics.in. Its e-mail address is in the company report.
- Email
- Website
- Registered Address203 Elphinstone House 17 Murzban Road Fort, Mumbai, Maharashtra, India – 400001
- IndustryTransport and Logistics, Cargo Services
To see the full contact details of Cargoways Shipping Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Cargoways Shipping is transport and storage. In detail, this covers water transport.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H3 | Water transport |
To see the full business activity and turnover split of Cargoways Shipping Private Limited, buy the company report.
Financials of Cargoways Shipping Private Limited
FY 2016 filings availableCargoways Shipping Private Limited reported revenue of ₹2.36 Cr (up 651% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 651% in the latest year. EBITDA rose 55% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹39.94 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹43.52 Lakh | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
| Long-term Borrowings | ||
| Short-term Borrowings | ||
| Trade Payables | ||
| Total Liabilities | ||
| Fixed Assets | ||
| Investments | ||
| Inventories | ||
| Trade Receivables | ||
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| Total Assets | ||
Financial Ratios
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -16.9% | |
| Net Profit Margin | -18.5% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
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| Efficiency and Growth | ||
| Asset Turnover | ||
| Receivable Days | ||
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| Revenue Growth | ||
| Net Profit Growth | ||
To see the full financial statements and ratios of Cargoways Shipping Private Limited, buy the company report.
Board of directors of Cargoways Shipping Private Limited
Cargoways Shipping has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ram Vasant Kotak Also directs: Iruchem Private Limited, Raja Cargoways Shipping Private Limited | Director | 25 Aug 2010 | 16 Years 2 Months | As last reported |
| Blossom Ram Kotak Also directs: Iruchem Private Limited, Haus Glass (OPC) Private Limited | Director | 25 Aug 2010 | 16 Years 2 Months | As last reported |
Auditor
Cargoways Shipping Private Limited is audited by SIRSALEWALA & ASSOCIATES for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SIRSALEWALA & ASSOCIATES | FY 2015 | 42950 |
Shareholding
The shareholding of Cargoways Shipping Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Cargoways Shipping Private Limited, buy the company report.
Legal cases
Cargoways Shipping Private Limited has 7 court cases on record: 7 filed against it. 3 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 6 | 3 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMARY CIVIL SUIT) | Filed against the company by Caterpillar Cargo Solutions India Pvt Ltd Through Yasir Jafari | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CHAMBER SUMMONS) | Filed against the company by Caterpillar Cargo Solutions India Pvt Ltd Through Yasir Jafari | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by M/S. Sogeco International S.A | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by M/S. Sogeco International S.A | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed against the company by Sogeco International S A THR Its Constituted Poa Manikandan Ayyapan Pillai | Disposed |
To see the full case history of Cargoways Shipping Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Cargoways Shipping Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Cargoways Shipping Private Limited has a workforce of 3 employees on its EPFO records as of Aug 2018, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2018-19 | 3 |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Cargoways Shipping Private Limited, buy the company report.
GST
Cargoways Shipping has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Cargoways Shipping Private Limited, buy the company report.
Recent activity
Cargoways Shipping Private Limited has 2 board changes on record since 2010: 2 appointments. The latest: Blossom Ram Kotak was appointed as Director on 25 Aug 2010.
Frequently asked questions
Cargoways Shipping has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Cargoways Shipping was a private limited company based in Mumbai, Maharashtra, India. The company worked in cargo services, within the transport and logistics industry. It was incorporated on 25 August 2010 and is registered under CIN U63000MH2010PTC207010. The company has been struck off by the Registrar of Companies and is no longer operational.
Cargoways Shipping had 2 directors:
- Ram Vasant Kotak - Director
- Blossom Ram Kotak - Director
The CIN (Corporate Identification Number) of Cargoways Shipping is U63000MH2010PTC207010. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Cargoways Shipping is at 203 Elphinstone House 17 Murzban Road Fort, Mumbai, Maharashtra, India – 400001.
Cargoways Shipping was incorporated on 25 August 2010. It is registered with the Registrar of Companies, Mumbai.
Cargoways Shipping can be reached through the website cargowayslogistics.in. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Cargoways Shipping on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. Cargoways Shipping has 1 GST registration on record and it is cancelled or inactive.
Cargoways Shipping operated in the transport and logistics industry, in the cargo services segment. It worked in this industry before it was struck off.
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