Masterminds Worldtrade Business Solution Limited
About Masterminds Worldtrade Business Solution Limited
Data last updated:
Masterminds Worldtrade Business Solution Limited was a public limited company based in New Delhi, Delhi, 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 metals retail and distribution segment of the metals and mining sector. It was incorporated on 02 January 2016.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U51909DL2016PLC289194. The company has 3 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹25 Lakh and a paid-up capital of ₹10 Lakh. It was led by directors including Prabhakaran Nair Hari Kumar and Baby Sebastian.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at B – 157 1st Floor & 3rd Floor Block – B Mansarovar Garden, New Delhi, Delhi, India – 110015.
As per the financials filed for FY 2017, the company reported a revenue of ₹1.26 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹36.6 Lakh (net margin -29%) and EBITDA of -₹33.59 Lakh (EBITDA margin -26.7%).
Court records list 2 cases involving the company, including 2 filed against it.
Company details
CIN history
Masterminds Worldtrade Business Solution has one previous CIN (Corporate Identification Number): U51909DL2016PTC289194. The current CIN is U51909DL2016PLC289194, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51909DL2016PLC289194 | Current |
| U51909DL2016PTC289194 | Previous |
Contact details
Masterminds Worldtrade Business Solution Limited's registered office is in New Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered AddressB – 157 1st Floor & 3rd Floor Block – B Mansarovar Garden, New Delhi, Delhi, India – 110015
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of Masterminds Worldtrade Business Solution 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 Masterminds Worldtrade Business Solution is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Masterminds Worldtrade Business Solution Limited, buy the company report.
Financials of Masterminds Worldtrade Business Solution Limited
FY 2017 filings availableMasterminds Worldtrade Business Solution Limited reported revenue of ₹1.26 Cr (up 985% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 985% in the latest year. EBITDA fell 78% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹1.26 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹33.59 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹36.6 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 | ||
| Cash and Bank Balance | ||
| Total Assets | ||
Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -26.7% | |
| Net Profit Margin | -29% | |
| 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 Masterminds Worldtrade Business Solution Limited, buy the company report.
Board of directors of Masterminds Worldtrade Business Solution Limited
Masterminds Worldtrade Business Solution has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prabhakaran Nair Hari Kumar | Director | 02 Jan 2016 | 10 Years 9 Months | As last reported |
| Baby Sebastian | Director | 02 Jan 2016 | 10 Years 9 Months | As last reported |
| Vinay Pk Kumar | Director | 02 Jan 2016 | 10 Years 9 Months | As last reported |
| Harjeet Singh Juneja | Director | 01 Feb 2016 | 10 Years 8 Months | As last reported |
Auditor
Masterminds Worldtrade Business Solution Limited is audited by DHANAWAT & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DHANAWAT & ASSOCIATES | FY 2017 | 025577N |
Shareholding
The shareholding of Masterminds Worldtrade Business Solution 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 Masterminds Worldtrade Business Solution Limited, buy the company report.
Legal cases
Masterminds Worldtrade Business Solution Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (1 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South West, Delhi | Criminal case | Filed against the company by an individual | Disposed |
To see the full case history of Masterminds Worldtrade Business Solution 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 Masterminds Worldtrade Business Solution Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Masterminds Worldtrade Business Solution has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Masterminds Worldtrade Business Solution Limited, buy the company report.
Recent activity
Masterminds Worldtrade Business Solution Limited has 5 board changes on record since 2016: 4 appointments and 1 cessation. The latest: Velayudhan Chandrasekar ceased to be Director on 24 Aug 2017.
Frequently asked questions
Masterminds Worldtrade Business Solution 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.
Masterminds Worldtrade Business Solution was a public limited company based in New Delhi, Delhi, India. The company worked in metal retail and distribution, within the metals and minerals industry. It was incorporated on 02 January 2016 and is registered under CIN U51909DL2016PLC289194. The company has been struck off by the Registrar of Companies and is no longer operational.
Masterminds Worldtrade Business Solution had 4 directors:
- Prabhakaran Nair Hari Kumar - Director
- Baby Sebastian - Director
- Vinay Pk Kumar - Director
- Harjeet Singh Juneja - Director
The CIN (Corporate Identification Number) of Masterminds Worldtrade Business Solution is U51909DL2016PLC289194. 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 Masterminds Worldtrade Business Solution is at B – 157 1st Floor & 3rd Floor Block – B Mansarovar Garden, New Delhi, Delhi, India – 110015.
Masterminds Worldtrade Business Solution was incorporated on 02 January 2016. It is registered with the Registrar of Companies, Delhi.
The latest financial statements of Masterminds Worldtrade Business Solution on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from FY 2016 are in the company report.
No. Masterminds Worldtrade Business Solution has 3 GST registrations on record and all of them are cancelled or inactive.
Masterminds Worldtrade Business Solution operated in the metals and minerals industry, in the metal retail and distribution segment. It worked in this industry before it was struck off.
Masterminds Worldtrade Business Solution has 2 court cases on record: 2 filed against it.