Just Art Works Private Limited
About Just Art Works Private Limited
Data last updated:
Just Art Works 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 advisory services segment of the financial services sector. It was incorporated on 24 April 1995.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U67120MH1995PTC087599. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹25 Lakh and a paid-up capital of ₹2.07 Lakh. It was led by directors Premal Sanghvi Kirtikumar and Disti Premal Sanghvi.
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 4 Karim Manor 1st Floor Plot No 8 Krishna Sangh Behind August Kranti Maidan Gamdevi, Mumbai, Maharashtra, India – 400007.
As per the financials filed for FY 2017, the company reported a revenue of ₹9.98 Lakh. For the same year it recorded a net loss of ₹2.08 Lakh (net margin -20.8%) and EBITDA of ₹1.43 Lakh (EBITDA margin 14.3%).
Company details
Contact details
Just Art Works Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address4 Karim Manor 1st Floor Plot No 8 Krishna Sangh Behind August Kranti Maidan Gamdevi, Mumbai, Maharashtra, India – 400007
- IndustryFinancial Services, Advisory, Financial Brokerage, Consultancy
To see the full contact details of Just Art Works 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 Just Art Works is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
Financials of Just Art Works Private Limited
FY 2021 filings availableJust Art Works Private Limited reported revenue of ₹9.98 Lakh 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 | ₹9.98 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹1.43 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹2.08 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 | |||
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Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 14.3% | ||
| Net Profit Margin | -20.8% | ||
| 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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| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Just Art Works Private Limited, buy the company report.
Board of directors of Just Art Works Private Limited
Just Art Works has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Premal Sanghvi Kirtikumar Also directs: Patrimonio Art Gallery Private Limited, K.H. Share Broking Private Limited, K H Securities Private Limited and 1 more | Director | 24 Apr 1995 | 31 Years 6 Months | As last reported |
| Disti Premal Sanghvi | Director | 19 Mar 2020 | 6 Years 7 Months | As last reported |
Auditor
Just Art Works Private Limited is audited by HITESH M DHARMSHI & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HITESH M DHARMSHI & ASSOCIATES | FY 2017 | 121630 |
Shareholding
The shareholding of Just Art Works 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 Just Art Works Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Just Art Works 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 Just Art Works Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Just Art Works 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 Just Art Works Private Limited, buy the company report.
Recent activity
Just Art Works Private Limited has 5 board changes on record since 1995: 2 appointments and 3 cessations. The latest: Sheetal Premal Sanghvi ceased to be Director on 31 Mar 2021.
Frequently asked questions
Just Art Works 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.
Just Art Works was a private limited company based in Mumbai, Maharashtra, India. The company worked in advisory, within the financial services industry. It was incorporated on 24 April 1995 and is registered under CIN U67120MH1995PTC087599. The company has been struck off by the Registrar of Companies and is no longer operational.
Just Art Works had 2 directors:
- Premal Sanghvi Kirtikumar - Director
- Disti Premal Sanghvi - Director
The CIN (Corporate Identification Number) of Just Art Works is U67120MH1995PTC087599. 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 Just Art Works is at 4 Karim Manor 1st Floor Plot No 8 Krishna Sangh Behind August Kranti Maidan Gamdevi, Mumbai, Maharashtra, India – 400007.
Just Art Works was incorporated on 24 April 1995. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Just Art Works 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.
No. Just Art Works has 1 GST registration on record and it is cancelled or inactive.
Just Art Works operated in the financial services industry, in the advisory segment. It worked in this industry before it was struck off.
Sheetal Premal Sanghvi ceased to be Director on 31 Mar 2021. Hansa Kirtikumar Sanghvi ceased to be Director on 13 Jun 2020. Disti Premal Sanghvi was appointed as Director on 19 Mar 2020. Just Art Works has 5 board changes on record in total.
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