Mermaid Digital Polymers Private Limited

Mermaid Digital Polymers Private Limited - plastics in Kottayam, Kerala, India. Directors, charges & compliance details.
CIN U24134KL2008PTC022198 Incorporated 07 April 2008 ROC Ernakulam HQ Kottayam, Kerala, India
Struck Off Private Limited Company plastics
Data last updated
Revenue · FY 2020
₹15.54 Lakh
▼ 53% YoY
Net loss · FY 2020
₹1.71 Lakh
Net margin -11%
EBITDA · FY 2020
-₹1.04 Lakh
EBITDA margin -6.7%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹4.2 Lakh
Issued & subscribed
Company age
18 yrs
Est. 2008
Directors on board
3
As per MCA filings
GST registrations
1
None active

About Mermaid Digital Polymers Private Limited

Data last updated:

Mermaid Digital Polymers Private Limited was a private limited company based in Kottayam, Kerala, 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 plastic products segment of the plastics and polymers sector. It was incorporated on 07 April 2008.

The company was registered with the Registrar of Companies (ROC), Ernakulam, under CIN U24134KL2008PTC022198. The company has 1 GST registration on record, which is no longer active.

The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4.2 Lakh. It was led by directors including Shaju Varkey Mathew (Managing Director) and Radhakrishnan Kochuveettil Narayanapillai.

Its last annual general meeting (AGM) was held on 30 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at Xv/299 Santhisthan Varkey Santhisthan Road Muttambalam, Kottayam, Kerala, India – 686004.

As per the financials filed for FY 2020, the company reported a revenue of ₹15.54 Lakh, a decline of 53% compared to the previous year. For the same year it recorded a net loss of ₹1.71 Lakh (net margin -11%) and EBITDA of -₹1.04 Lakh (EBITDA margin -6.7%). Revenue has declined at a compounded annual rate (CAGR) of 27% over three years and 21% over five years.

Company details

CIN U24134KL2008PTC022198
Registration Number 022198
Incorporation Date 07 April 2008
ROC Ernakulam
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 30 December 2020
Date of Balance Sheet 31 March 2020
Compliance Status Active Compliant

Contact details

Mermaid Digital Polymers Private Limited's registered office is in Kottayam, Kerala. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Xv/299 Santhisthan Varkey Santhisthan Road Muttambalam, Kottayam, Kerala, India – 686004
  • Industry
    Plastics, Plastic Products, Fabricated Metal Products, Rubber Products, Non-Metallic Mineral Products

To see the full contact details of Mermaid Digital Polymers Private Limited, buy the company report.

Comprehensive company report
Mermaid Digital Polymers Private Limited - one report that includes everything
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  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Business activity

The main business activity of Mermaid Digital Polymers is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC8Plastic products, non-metallic mineral products, rubber products, fabricated metal products

To see the full business activity and turnover split of Mermaid Digital Polymers Private Limited, buy the company report.

Financials of Mermaid Digital Polymers Private Limited

FY 2020 filings available

Mermaid Digital Polymers Private Limited reported revenue of ₹15.54 Lakh (down 53% YoY) for FY 2020.

Revenue · FY 2020
₹15.54 Lakh ▼ 53%
Net loss · FY 2020
₹1.71 Lakh margin -11%
EBITDA · FY 2020
-₹1.04 Lakh margin -6.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 53%
3 years · compounded
▼ 27%
5 years · compounded
▼ 21%
EBITDA CAGR growth
1 year
▲ 25%
3 years · compounded
▼ 34%
5 years · compounded
▼ 22%

Revenue has declined at a compounded annual rate (CAGR) of 21% over five years, including a 53% fall in the latest year. EBITDA rose 25% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
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-₹1.04 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹1.71 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

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Profitability
EBITDA Margin-6.7%
Net Profit Margin-11%
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 Mermaid Digital Polymers Private Limited, buy the company report.

Board of directors of Mermaid Digital Polymers Private Limited

Mermaid Digital Polymers has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Radhakrishnan Kochuveettil NarayanapillaiDirector05 Jan 201115 Years 10 MonthsAs last reported
Shaju Varkey MathewManaging Director07 Apr 200818 Years 6 MonthsAs last reported
George ChandyDirector01 Nov 201610 Years 0 MonthsAs last reported

Auditor

Mermaid Digital Polymers Private Limited is audited by RAJKUMAR ERUPPACKAL&CO for the financial year 2017.

Auditor firmFinancial yearFirm registration number
RAJKUMAR ERUPPACKAL&COFY 2017003471S

Shareholding

The shareholding of Mermaid Digital Polymers 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 categoryFY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Mermaid Digital Polymers Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Mermaid Digital Polymers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Mermaid Digital Polymers has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Mermaid Digital Polymers Private Limited, buy the company report.

Recent activity

Mermaid Digital Polymers Private Limited has 5 board changes on record since 2008: 3 appointments and 2 cessations. The latest: George Chandy was appointed as Director on 01 Nov 2016.

AGM
Mermaid Digital Polymers Private Limited last Annual general meeting of members was held on 30 Dec 2020 as per latest MCA records.
Filing
Mermaid Digital Polymers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Ernakulam.
Appointed
George Chandy was appointed as Director.
Ceased
Mathew Chandy ceased to be Director.
Appointed
Ceased
Shaju Varkey Mathew ceased to be Director.
Appointed
Shaju Varkey Mathew was appointed as Managing Director.
Incorporation
07 Apr 2008
Mermaid Digital Polymers Private Limited was registered on 07 Apr 2008 with Roc Ernakulam & aged 18 years 7 months as per MCA records.

Frequently asked questions

Mermaid Digital Polymers 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.

Mermaid Digital Polymers was a private limited company based in Kottayam, Kerala, India. The company worked in plastic products, within the plastics industry. It was incorporated on 07 April 2008 and is registered under CIN U24134KL2008PTC022198. The company has been struck off by the Registrar of Companies and is no longer operational.

Mermaid Digital Polymers had 3 directors:

The CIN (Corporate Identification Number) of Mermaid Digital Polymers is U24134KL2008PTC022198. 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 Mermaid Digital Polymers is at Xv299 Santhisthan Varkey Santhisthan Road Muttambalam, Kottayam, Kerala, India – 686004.

Mermaid Digital Polymers was incorporated on 07 April 2008. It is registered with the Registrar of Companies, Ernakulam.

The latest financial statements of Mermaid Digital Polymers on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 30 December 2020. Year-wise statements from 2015 are in the company report.

No. Mermaid Digital Polymers has 1 GST registration on record and it is cancelled or inactive.

Mermaid Digital Polymers operated in the plastics industry, in the plastic products segment. It worked in this industry before it was struck off.

George Chandy was appointed as Director on 01 Nov 2016. Mathew Chandy ceased to be Director on 18 May 2012. Radhakrishnan Kochuveettil Narayanapillai was appointed as Director on 05 Jan 2011. Mermaid Digital Polymers has 5 board changes on record in total.