Nextway Elevators Private Limited

Nextway Elevators Private Limited - trading in Chennai, Tamil Nadu, India. Directors, charges & compliance details.
CIN U74900TN2015PTC103042 Incorporated 20 November 2015 ROC Chennai HQ Chennai, Tamil Nadu, India
Struck Off Private Limited Company trading
Data last updated
Revenue · FY 2018
₹41.15 Lakh
▲ 59% YoY
Net profit · FY 2018
₹40,716
Net margin 1%
EBITDA · FY 2018
₹87,999
EBITDA margin 2.1%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Company age
11 yrs
Est. 2015
Directors on board
2
As per MCA filings
Active GSTINs
1
of 2 registered

About Nextway Elevators Private Limited

Data last updated:

Nextway Elevators 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 retail trade segment of the trading and commerce sector. It was incorporated on 20 November 2015.

The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U74900TN2015PTC103042. Its GSTIN is 33AAFCN0780N2Z8 (Tamil Nadu). The company held 2 GST registrations, of which 1 is active.

The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was led by directors Muhammad Thulkarunai Hussain and Ahmed Hijaz.

Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at No:813 Nizara Bonanza Sixth Floor Anna Salai, Chennai, Tamil Nadu, India – 600002.

As per the financials filed for FY 2018, the company reported a revenue of ₹41.15 Lakh, a growth of 59% compared to the previous year. For the same year it recorded a net profit of ₹40,716 (net margin 1%) and EBITDA of ₹87,999 (EBITDA margin 2.1%).

Company Details of Nextway Elevators Private Limited
CIN U74900TN2015PTC103042
Registration Number 103042
Incorporation Date 20 November 2015
ROC Chennai
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 29 September 2018
Date of Balance Sheet 31 March 2018
Compliance Status Active Non-Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    No:813 Nizara Bonanza Sixth Floor Anna Salai, Chennai, Tamil Nadu, India – 600002
  • Industry
    Trading, Retailers, Retail Trading
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Financials, compliance, directors, charges, ownership and filings for Nextway Elevators Private Limited in one report.

Financials from FY 2016 Directors & ownership Charges & compliance

Business Activity of Nextway Elevators Private Limited

The main business activity of Nextway Elevators is trade. In detail, this covers retail trading.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
GTradeG2Retail TradingLocked
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Financials of Nextway Elevators Private Limited FY 2018 filings available

Nextway Elevators Private Limited reported revenue of ₹41.15 Lakh (up 59% YoY) for FY 2018.

Revenue · FY 2018
₹41.15 Lakh ▲ 59%
Net profit · FY 2018
₹40,716 margin 1%
EBITDA · FY 2018
₹87,999 margin 2.1%

Compounded Annual Growth Rate (CAGR) of Nextway Elevators Private Limited

Revenue CAGR growth
1 year
▲ 59%
EBITDA CAGR growth
1 year
▼ 16%

Revenue rose 59% in the latest year. EBITDA fell 16% in the latest year. All are worked out from the filed statements.

Financial Statement Summary of Nextway Elevators Private Limited

MetricsFY 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₹87,999••••••••
Profit Before Tax••••••••••••
Tax Expense••••••••••••
Net Profit (PAT)₹40,716••••••••
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 of Nextway Elevators Private Limited

MetricsFY 2017-18FY 2016-17FY 2015-16
Profitability
EBITDA Margin2.1%••••••••
Net Profit Margin1%••••••••
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••••••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Nextway Elevators are in the company report.

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Financial statements from FY 2016

Earlier years and trend charts are in the company report.

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Peer Comparison of Nextway Elevators Private Limited

Nextway Elevators Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Material Handling Equipment). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Kashyap Material Handling Equipment Private Limited₹42.89 Lakh (FY 2025)••••••••-39.0%••••Delhi, India
Four S Elevator Private Limited₹42.15 Lakh (FY 2023)••••••••2.0%••••Pune, Maharashtra, India
Linkman Engineering Company Pvt Ltd₹41.58 Lakh (FY 2024)••••••••-4.0%••••Kolkata, West Bengal, India
Ace Elevators Private Limited₹41.52 Lakh (FY 2023)••••••••-8.0%••••New Delhi, Delhi, India
Global Conveyor Technologies Private Limited₹41.4 Lakh (FY 2025)••••••••564.0%••••Hyderabad, Telangana, India
Nextway Elevators Private Limited this company₹41.15 Lakh (FY 2018)••••••••59.0%••••Chennai, Tamil Nadu, India
Svar Associates P Ltd₹41.12 Lakh (FY 2025)••••••••-13.0%••••Thane, Maharashtra, India
Sway Elevators Private Limited₹41.08 Lakh (FY 2025)••••••••598.0%••••Ahmadabad City, Gujarat, India
VSS Lifts and Elevators Private Limited₹40.5 Lakh (FY 2025)••••••••79.0%••••Bangalore North, Karnataka, India
Innovative Elevator Private Limited₹39.41 Lakh (FY 2025)••••••••1.0%••••Delhi, India
Flylifts KSK India Private Limited₹38.83 Lakh (FY 2025)••••••••-25.0%••••Delhi, India

Peers are the five companies nearest above and the five nearest below Nextway Elevators by revenue in the Machinery and Equipment industry (Material Handling Equipment), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of Nextway Elevators Private Limited

Nextway Elevators Private Limited is audited by S A ABDUL RAHIM for the financial year 2017.

NameStatusAppointment DateCessation Date
S A ABDUL RAHIMLockedLockedLocked
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Board of Directors of Nextway Elevators Private Limited

Nextway Elevators has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Muhammad Thulkarunai HussainDirector20 Nov 201510 Years 10 MonthsAs last reported
Ahmed HijazDirector15 Apr 201610 Years 5 MonthsAs last reported

Ownership and Shareholding of Nextway Elevators Private Limited

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Charges & Borrowings of Nextway Elevators Private Limited

Nextway Elevators Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Employees and EPFO Compliance at Nextway Elevators Private Limited

Employment history and EPFO contributions of people linked to Nextway Elevators.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Nextway Elevators Private Limited

Nextway Elevators Private Limited has 3 board changes on record since 2015: 2 appointments and 1 cessation. The latest: Ahmed Hijaz was appointed as Director on 15 Apr 2016.

AGM
Nextway Elevators Private Limited last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records.
Filing
Nextway Elevators Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Chennai.
Appointed
Ahmed Hijaz was appointed as Director.
Ceased
Seyed Sait Sahib Mohamed Iqbal ceased to be Director.
Appointed
Muhammad Thulkarunai Hussain was appointed as Director.
Incorporation
20 Nov 2015
Nextway Elevators Private Limited was registered on 20 Nov 2015 with Roc Chennai & aged 10 years 10 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Nextway Elevators Private Limited

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MSME Payment Delays by Nextway Elevators Private Limited

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Subsidiaries & Group Companies of Nextway Elevators Private Limited

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GST Compliance of Nextway Elevators Private Limited

Nextway Elevators has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
33AAFCN0780N2Z8Tamil NaduActive01 Jul 2017
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GST registrations and filing compliance

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MCA Filings & Documents of Nextway Elevators Private Limited

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Frequently Asked Questions about Nextway Elevators Private Limited

Nextway Elevators 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.

Nextway Elevators was a private limited company based in Chennai, Tamil Nadu, India. The company worked in retailers, within the trading industry. It was incorporated on 20 November 2015 and is registered under CIN U74900TN2015PTC103042. The company has been struck off by the Registrar of Companies and is no longer operational.

Nextway Elevators had 2 directors:

The CIN (Corporate Identification Number) of Nextway Elevators is U74900TN2015PTC103042. 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 Nextway Elevators is at No:813 Nizara Bonanza Sixth Floor Anna Salai, Chennai, Tamil Nadu, India – 600002.

Nextway Elevators was incorporated on 20 November 2015. It is registered with the Registrar of Companies, Chennai.

Nextway Elevators reported revenue of ₹41.15 Lakh for FY 2018 (up 59% YoY).

Nextway Elevators has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh.

Nextway Elevators reported a net profit of ₹40,716 (net margin 1%) and EBITDA of ₹87,999 (EBITDA margin 2.1%) for FY 2018, as per its filed financial statements.

The GSTIN of Nextway Elevators is 33AAFCN0780N2Z8, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

Nextway Elevators operated in the trading industry, in the retailers segment. It worked in this industry before it was struck off.

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