Priority Suppliers Private Limited
About Priority Suppliers Private Limited
Data last updated:
Priority Suppliers Private Limited was a private limited company based in Kolkata, West Bengal, 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 wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 19 June 2009.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB2009PTC136027.
The company had an authorised share capital of ₹29 Lakh and a paid-up capital of ₹27.8 Lakh. It was led by directors Rakesh Kumar and Hamanta Jena.
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 40A Girish Mukherjee Road, Kolkata, West Bengal, India – 700025.
As per the financials filed for FY 2016, the company reported a revenue of ₹1.02 Lakh, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹18,025 (net margin 17.6%) and EBITDA of -₹76,418 (EBITDA margin -74.8%).
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- Registered Address40A Girish Mukherjee Road, Kolkata, West Bengal, India – 700025
- IndustryTrading, Wholesale, Specialty
- 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
- One PDF report, delivered after checkout
Business Activity of Priority Suppliers Private Limited
The main business activity of Priority Suppliers is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Priority Suppliers Private Limited FY 2017 filings available
Priority Suppliers Private Limited reported revenue of ₹1.02 Lakh (up 10% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR) of Priority Suppliers Private Limited
Revenue rose 10% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Priority Suppliers Private Limited
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | •••• |
| Other Income | •••• | •••• |
| Total Revenue | ₹1.02 Lakh | •••• |
| Cost of Materials Consumed | •••• | •••• |
| Employee Benefit Expense | •••• | •••• |
| Finance Costs | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• |
| Other Expenses | •••• | •••• |
| Total Expenses | •••• | •••• |
| EBITDA | -₹76,418 | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | ₹18,025 | •••• |
| 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 Priority Suppliers Private Limited
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -74.8% | •••• |
| Net Profit Margin | 17.6% | •••• |
| 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 Priority Suppliers are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Priority Suppliers Private Limited
Priority Suppliers Private Limited is audited by SS Gelda & Co. for the financial year 2016.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SS Gelda & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Priority Suppliers Private Limited
Priority Suppliers has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rakesh Kumar Also directs: Golden Proteins Limited, Superfast Distributors Private Limited, Katyayani Marketing Private Limited and 1 more | Director | 02 Sep 2013 | 13 Years 1 Months | As last reported |
| Hamanta Jena | Director | 02 Sep 2013 | 13 Years 1 Months | As last reported |
Ownership and Shareholding of Priority Suppliers Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Priority Suppliers Private Limited
Priority Suppliers Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Priority Suppliers Private Limited
Employment history and EPFO contributions of people linked to Priority Suppliers.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Priority Suppliers Private Limited
Priority Suppliers Private Limited has 9 board changes on record since 2011: 2 appointments and 7 cessations. The latest: Hamanta Jena ceased to be Additional Director on 30 Sep 2013.
Credit Ratings, Litigation & Regulatory Alerts for Priority Suppliers Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Priority Suppliers Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Priority Suppliers Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Priority Suppliers Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Priority Suppliers Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Priority Suppliers Private Limited
Priority Suppliers 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.
Priority Suppliers was a private limited company based in Kolkata, West Bengal, India. The company worked in wholesale, within the trading industry. It was incorporated on 19 June 2009 and is registered under CIN U51909WB2009PTC136027. The company has been struck off by the Registrar of Companies and is no longer operational.
Priority Suppliers had 2 directors:
- Rakesh Kumar - Director
- Hamanta Jena - Director
The CIN (Corporate Identification Number) of Priority Suppliers is U51909WB2009PTC136027. 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 Priority Suppliers is at 40A Girish Mukherjee Road, Kolkata, West Bengal, India – 700025.
Priority Suppliers was incorporated on 19 June 2009. It is registered with the Registrar of Companies, Kolkata.
Priority Suppliers reported revenue of ₹1.02 Lakh for FY 2016 (up 10% YoY).
Priority Suppliers has an authorised share capital of ₹29 Lakh and a paid-up capital of ₹27.8 Lakh.
Priority Suppliers reported a net profit of ₹18,025 (net margin 17.6%) and EBITDA of -₹76,418 (EBITDA margin -74.8%) for FY 2016, as per its filed financial statements.
Priority Suppliers operated in the trading industry, in the wholesale segment. It worked in this industry before it was struck off.