Forever Clothing Private Limited
About Forever Clothing Private Limited
Data last updated:
Forever Clothing Private Limited was a private limited company based in Chennai, Tamil Nadu, 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 clothing segment of the apparel and fashion sector. It was incorporated on 19 March 2013.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U17200TN2013PTC090166. Its GSTIN is 33AACCF1573C1Z6 (Tamil Nadu).
The company had an authorised share capital of ₹25 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Mohamed Habib and Saleh Mohamed Asif.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at No. T – 59 10th Street Anna Nagar, Chennai, Tamil Nadu, India – 600040.
As per the financials filed for FY 2017, the company reported a revenue of ₹1.37 Cr. For the same year it recorded a net loss of ₹40,317 (net margin -0.3%) and EBITDA of -₹23.98 Lakh (EBITDA margin -17.5%).
Company details
Contact details
Forever Clothing Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo. T – 59 10th Street Anna Nagar, Chennai, Tamil Nadu, India – 600040
- IndustryAppreal & Fashion, Clothing, Textile
To see the full contact details of Forever Clothing 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 Forever Clothing is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
Financials of Forever Clothing Private Limited
FY 2021 filings availableForever Clothing Private Limited reported revenue of ₹1.37 Cr for FY 2017.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹1.37 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹23.98 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹40,317 | ||
| 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 | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -17.5% | ||
| Net Profit Margin | -0.3% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
| Interest Coverage Ratio | |||
| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Payable Days | |||
| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Forever Clothing Private Limited, buy the company report.
Board of directors of Forever Clothing Private Limited
Forever Clothing has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohamed Habib Also directs: Zarah Distributors LLP, A.Plus Exports Private Limited | Director | 19 Mar 2013 | 13 Years 7 Months | As last reported |
| Saleh Mohamed Asif Also directs: Zarah Distributors LLP, A.Plus Exports Private Limited | Director | 19 Mar 2013 | 13 Years 7 Months | As last reported |
| Saleh Mohamed Riyaz Also directs: Zarah Distributors LLP, A.Plus Exports Private Limited | Director | 19 Mar 2013 | 13 Years 7 Months | As last reported |
Auditor
Forever Clothing Private Limited is audited by SUNIL SETHIA & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUNIL SETHIA & ASSOCIATES | FY 2017 | 008121S |
Shareholding
The shareholding of Forever Clothing Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Forever Clothing Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Forever Clothing Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Forever Clothing Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Forever Clothing has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AACCF1573C1Z6 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Forever Clothing Private Limited, buy the company report.
Recent activity
Forever Clothing Private Limited has 4 board changes on record since 2013: 3 appointments and 1 cessation. The latest: Abdul Khader Habib ceased to be Director on 01 Jan 2017.
Frequently asked questions
Forever Clothing 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.
Forever Clothing was a private limited company based in Chennai, Tamil Nadu, India. The company worked in clothing, within the apparel and fashion industry. It was incorporated on 19 March 2013 and is registered under CIN U17200TN2013PTC090166. The company has been struck off by the Registrar of Companies and is no longer operational.
Forever Clothing had 3 directors:
- Mohamed Habib - Director
- Saleh Mohamed Asif - Director
- Saleh Mohamed Riyaz - Director
The CIN (Corporate Identification Number) of Forever Clothing is U17200TN2013PTC090166. 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 Forever Clothing is at No. T – 59 10th Street Anna Nagar, Chennai, Tamil Nadu, India – 600040.
Forever Clothing was incorporated on 19 March 2013. It is registered with the Registrar of Companies, Chennai.
The latest financial statements of Forever Clothing on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Forever Clothing is 33AACCF1573C1Z6, registered in Tamil Nadu.
Forever Clothing operated in the apparel and fashion industry, in the clothing segment. It worked in this industry before it was struck off.
Abdul Khader Habib ceased to be Director on 01 Jan 2017. Mohamed Habib was appointed as Director on 19 Mar 2013. Saleh Mohamed Asif was appointed as Director on 19 Mar 2013. Forever Clothing has 4 board changes on record in total.