Wayforward Traders Limited
About Wayforward Traders Limited
Data last updated:
Wayforward Traders Limited was a public limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Aqua Pumps Infra Ventures Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the wholesale distribution segment of the trading and commerce sector. It was incorporated on 19 March 1993.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH1993PLC071242.
The company had an authorised share capital of ₹2.03 Cr and a paid-up capital of ₹1.11 Cr. It was formerly known as Choice Paper N Products Limited and Jyoti Foodstuff Limited. It was led by directors including Monesh Jain and Raj Kumar Saraf.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at B/106 Rahulparkbchs.Ltd. Opp.Jesalpark Bhayander(East), Mumbai, Maharashtra, India – 401105.
As per the financials filed for FY 2016, the company reported a revenue of ₹1.66 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹29.31 Lakh (net margin 17.7%) and EBITDA of ₹43.82 Lakh (EBITDA margin 26.4%).
Court records list 2 cases involving the company, including 2 filed by the company.
Company details
Name history
Wayforward Traders has undergone 2 name changes throughout its history. The company was previously known as Choice Paper N Products Limited, and Jyoti Foodstuff Limited.. The current legal name is Wayforward Traders Limited.
| Company Name | Status |
|---|---|
| Wayforward Traders Limited | Current |
| Choice Paper N Products Limited | Previous |
| Jyoti Foodstuff Limited. | Previous |
CIN history
Wayforward Traders has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74999MH1993PLC071242, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999MH1993PLC071242 | Current |
| U21000MH1993PLC071242 | Previous |
| U21000MH1993PTC071242 | Previous |
| U15100MH1993PTC071242 | Previous |
Contact details
Wayforward Traders Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressB/106 Rahulparkbchs.Ltd. Opp.Jesalpark Bhayander(East), Mumbai, Maharashtra, India – 401105
- IndustryTrading, Other Wholesale, Wholesale
To see the full contact details of Wayforward Traders 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
Financials of Wayforward Traders Limited
FY 2016 filings availableWayforward Traders Limited reported revenue of ₹1.66 Cr (up 1940% YoY) for FY 2016.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹1.66 Cr | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹43.82 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹29.31 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 26.4% | |
| Net Profit Margin | 17.7% | |
| 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 Wayforward Traders Limited, buy the company report.
Board of directors of Wayforward Traders Limited
Wayforward Traders has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Monesh Jain | Director | 28 Jan 2016 | 10 Years 8 Months | As last reported |
| Raj Kumar Saraf | Director | 05 Jan 2016 | 10 Years 9 Months | As last reported |
| Manjusha Rajkumar Saraf | Director | 05 Jan 2016 | 10 Years 9 Months | As last reported |
Auditor
Wayforward Traders Limited is audited by RAHUL AGARWAL for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAHUL AGARWAL | FY 2016 | 145018 |
Shareholding
The shareholding of Wayforward Traders Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Wayforward Traders Limited, buy the company report.
Legal cases
Wayforward Traders Limited has 2 court cases on record: 2 filed by Wayforward Traders. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Appeal | Filed by the company | Disposed |
| Bombay High Court | Court case (CSD) | Filed by the company | Disposed |
To see the full case history of Wayforward Traders 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 Wayforward Traders Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Wayforward Traders Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Wayforward Traders Limited has 12 board changes on record since 2009: 3 appointments and 9 cessations. The latest: Monesh Jain was appointed as Director on 28 Jan 2016.
3 earlier events are in the company report.
Frequently asked questions
Wayforward Traders has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Wayforward Traders was a public limited company based in Mumbai, Maharashtra, India. The company worked in other wholesale, within the trading industry. It was incorporated on 19 March 1993 and is registered under CIN U74999MH1993PLC071242. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Wayforward Traders was incorporated on 19 March 1993. It is registered with the Registrar of Companies, Mumbai.
Wayforward Traders had 3 directors:
- Monesh Jain - Director
- Raj Kumar Saraf - Director
- Manjusha Rajkumar Saraf - Director
The CIN (Corporate Identification Number) of Wayforward Traders is U74999MH1993PLC071242. 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 Wayforward Traders is at B106 Rahulparkbchs.Ltd. Opp.Jesalpark BhayanderEast, Mumbai, Maharashtra, India – 401105.
The latest financial statements of Wayforward Traders on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
Wayforward Traders operated in the trading industry, in the other wholesale segment.
Wayforward Traders has 2 court cases on record: 2 filed by the company.
Monesh Jain was appointed as Director on 28 Jan 2016. Arun Kumar Poddar ceased to be Director on 05 Jan 2016. Manjusha Rajkumar Saraf was appointed as Director on 05 Jan 2016. Wayforward Traders has 12 board changes on record in total.