About Simpson Spence Young India Private Limited
Data last updated:
Simpson Spence Young India Private Limited is a foreign private limited company based in Mumbai, Maharashtra, India, a subsidiary of Simpson Spence Young Ltd.Uk. It operates in the shipbroking and shipping agency services segment of the transport and logistics sector. It was incorporated on 06 August 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U35110MH2007FTC172887. Its GSTIN is 27AALCS0572K1ZZ (Maharashtra).
The company has an authorised share capital of ₹3.1 Cr and a paid-up capital of ₹2.63 Cr. It is led by directors including Rajneesh Prithviraj Raj (Managing Director) and Andrew Paul Carlyle Williams.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 215 Atrium A – 307 Next To Courtyard Marriott Chakala Andheri Kurla Road Andheri (E), Mumbai, Maharashtra, India – 400069.
As per the financials filed for FY 2025, the company reported a revenue of ₹19.33 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹5.32 Cr (net margin 27.5%) and EBITDA of ₹7.23 Cr (EBITDA margin 37.4%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 11% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ssyonline.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address215 Atrium A – 307 Next To Courtyard Marriott Chakala Andheri Kurla Road Andheri (E), Mumbai, Maharashtra, India – 400069
- IndustryTransport and Logistics, Shipbroking & Shipping Agency Services
- 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 Simpson Spence Young India Private Limited
The main business activity of Simpson Spence Young India is support service to organizations. In detail, this covers other support services to organizations.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | 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 Simpson Spence Young India Private Limited FY 2025 filings available
Simpson Spence Young India Private Limited reported revenue of ₹19.33 Cr (down 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Simpson Spence Young India Private Limited
Revenue fell 8% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 11%. EBITDA fell 13% 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 of Simpson Spence Young India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹7.23 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹5.32 Cr | •••• | •••• | •••• | •••• |
| 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 Simpson Spence Young India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 37.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 27.5% | •••• | •••• | •••• | •••• |
| 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 Simpson Spence Young India 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.
Peer Comparison of Simpson Spence Young India Private Limited
Simpson Spence Young India Private Limited is compared with the companies closest to it by revenue in the Shipping industry (Ship Broking and Shipping Agency). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| V.H.Appy Maritime Private Limited | ₹19.86 Cr (FY 2025) | •••• | •••• | 65.0% | •••• | Bhavnagar, Gujarat, India |
| Harkamal Maritime Industries Private Limited | ₹19.57 Cr (FY 2024) | •••• | •••• | -45.0% | •••• | Nellore, Andhra Pradesh, India |
| Nyk Line (India) Private Limited | ₹19.56 Cr (FY 2021) | •••• | •••• | 0.0% | •••• | Mumbai, Maharashtra, India |
| Sai Merchant Private Limited | ₹19.45 Cr (FY 2025) | •••• | •••• | 47.0% | •••• | Navi Mumbai, Maharashtra, India |
| Marine Container Services(South) Private Limited | ₹19.38 Cr (FY 2017) | •••• | •••• | 5.0% | •••• | Chennai, Tamil Nadu, India |
| Simpson Spence Young India Private Limited this company | ₹19.33 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Mumbai, Maharashtra, India |
| Indianocean Shipping Private Limited | ₹19.31 Cr (FY 2022) | •••• | •••• | 113611.0% | •••• | Mumbai, Maharashtra, India |
| Container Movement (Bombay) Transport Private Limited | ₹18.8 Cr (FY 2025) | •••• | •••• | 31.0% | •••• | Mumbai, Maharashtra, India |
| Tulsi Shipping Private Limited | ₹18.73 Cr (FY 2025) | •••• | •••• | 26.0% | •••• | Mumbai, Maharashtra, India |
| Interasia Shipping Lines India Private Limited | ₹18.05 Cr (FY 2024) | •••• | •••• | 9.0% | •••• | Mumbai, Maharashtra, India |
| Kumar Kartikeya Steel Ship Recycling Private Limited | ₹17.97 Cr (FY 2025) | •••• | •••• | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Simpson Spence Young India by revenue in the Shipping industry (Ship Broking and Shipping Agency), 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 Simpson Spence Young India Private Limited
Simpson Spence Young India Private Limited is audited by T. P. Ostwal & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| T. P. Ostwal & Associates | 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 Simpson Spence Young India Private Limited
Simpson Spence Young India has 4 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Andrew Paul Carlyle Williams | Director | 13 Jul 2021 | 5 Years 2 Months | Current |
| Amit Singh Kalhans | Director | 13 Jul 2021 | 5 Years 2 Months | Current |
| Rajneesh Prithviraj Raj | Managing Director | 30 Sep 2009 | 17 Years 0 Months | Current |
| Sean Martin Miller | Director | 06 May 2024 | 2 Years 5 Months | Current |
Ownership and Shareholding of Simpson Spence Young India 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 Simpson Spence Young India Private Limited
Simpson Spence Young India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Simpson Spence Young India Private Limited
Simpson Spence Young India Private Limited has a workforce of 10 employees as of Apr 02, 2024.
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 Simpson Spence Young India Private Limited
Simpson Spence Young India Private Limited has 14 board changes on record since 2008: 4 appointments and 10 cessations. The latest: Sean Martin Miller ceased to be Additional Director on 11 Sep 2024.
5 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Simpson Spence Young India 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 Simpson Spence Young India 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 Simpson Spence Young India 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 Simpson Spence Young India Private Limited
Simpson Spence Young India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AALCS0572K1ZZ | Maharashtra | Active | 01 Jul 2017 |
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 Simpson Spence Young India 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 Simpson Spence Young India Private Limited
Simpson Spence Young India is an active foreign private limited company based in Mumbai, Maharashtra, India. The company works in shipbroking and shipping agency services, within the transport and logistics industry. It was incorporated on 06 August 2007 (19+ years old) and is registered under CIN U35110MH2007FTC172887.
Simpson Spence Young India reported revenue of ₹19.33 Cr for FY 2025 (down 8% YoY).
Simpson Spence Young India has 4 current directors:
- Rajneesh Prithviraj Raj - Managing Director
- Andrew Paul Carlyle Williams - Director
- Amit Singh Kalhans - Director
- Sean Martin Miller - Director
Simpson Spence Young India reported a net profit of ₹5.32 Cr (net margin 27.5%) and EBITDA of ₹7.23 Cr (EBITDA margin 37.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Simpson Spence Young India is 27% over three years and 11% over five years. In the latest year (FY 2025) revenue fell 8%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Simpson Spence Young India is 27AALCS0572K1ZZ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Simpson Spence Young India is U35110MH2007FTC172887. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Simpson Spence Young India was incorporated on 06 August 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Simpson Spence Young India by revenue are V.H.Appy Maritime Private Limited, Harkamal Maritime Industries Private Limited, Nyk Line (India) Private Limited, Sai Merchant Private Limited, Marine Container Services(South) Private Limited and 5 more, all in the Shipping industry (Ship Broking and Shipping Agency).
Sean Martin Miller ceased to be Additional Director on 11 Sep 2024. Sean Martin Miller was appointed as Director on 06 May 2024. Amit Singh Kalhans ceased to be Additional Director on 29 Sep 2021. Simpson Spence Young India has 14 board changes on record in total.
Simpson Spence Young India can be reached through the website ssyonline.com. Its registered office is in Mumbai, Maharashtra, India.