WMW Asset Management Private Limited
About WMW Asset Management Private Limited
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WMW Asset Management Private Limited was a private limited company based in Navi Mumbai, Maharashtra, 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 service-based operations segment of the business services sector. It was incorporated on 05 September 2018.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2018PTC313522. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Asmita Jitesh Patel and Jitesh Jethalal Patel.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at Flat No. 805 A Wing Amey Chs Ltd Palm Beach Residency Plot No 24 To 29 Sec – 4, Navi Mumbai, Maharashtra, India – 400706.
As per the financials filed for FY 2022, the company reported a revenue of ₹18,000, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹52,100 (net margin -289.4%) and EBITDA of -₹52,100 (EBITDA margin -289.4%). Revenue has declined at a compounded annual rate (CAGR) of 84% over three years.
Company details
Contact details
WMW Asset Management Private Limited's registered office is in Navi Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressFlat No. 805 A Wing Amey Chs Ltd Palm Beach Residency Plot No 24 To 29 Sec – 4, Navi Mumbai, Maharashtra, India – 400706
- IndustryBusiness Services, Other Services, Miscellaneous Business Activities
To see the full contact details of WMW Asset Management Private 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
Business activity
The main business activity of WMW Asset Management is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of WMW Asset Management Private Limited, buy the company report.
Financials of WMW Asset Management Private Limited
FY 2022 filings availableWMW Asset Management Private Limited reported revenue of ₹18,000 (down 99% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 84% over three years, including a 99% fall in the latest year. EBITDA fell 106% 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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | -₹52,100 | |||
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| Net Profit (PAT) | -₹52,100 | |||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -289.4% | |||
| Net Profit Margin | -289.4% | |||
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To see the full financial statements and ratios of WMW Asset Management Private Limited, buy the company report.
Board of directors of WMW Asset Management Private Limited
WMW Asset Management has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Asmita Jitesh Patel | Director | 05 Sep 2018 | 8 Years 2 Months | As last reported |
| Jitesh Jethalal Patel | Director | 05 Sep 2018 | 8 Years 2 Months | As last reported |
Legal cases
No court or tribunal cases involving WMW Asset Management Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for WMW Asset Management Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
WMW Asset Management has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of WMW Asset Management Private Limited, buy the company report.
Recent activity
WMW Asset Management Private Limited has 3 board changes on record since 2018: 2 appointments and 1 cessation. The latest: Jignesh Mavji Patel ceased to be Director on 23 Aug 2019.
Frequently asked questions
WMW Asset Management 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.
WMW Asset Management was a private limited company based in Navi Mumbai, Maharashtra, India. The company worked in other services, within the business services industry. It was incorporated on 05 September 2018 and is registered under CIN U74999MH2018PTC313522. The company has been struck off by the Registrar of Companies and is no longer operational.
WMW Asset Management had 2 directors:
- Asmita Jitesh Patel - Director
- Jitesh Jethalal Patel - Director
The CIN (Corporate Identification Number) of WMW Asset Management is U74999MH2018PTC313522. 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 WMW Asset Management is at Flat No. 805 A Wing Amey Chs Ltd Palm Beach Residency Plot No 24 To 29 Sec – 4, Navi Mumbai, Maharashtra, India – 400706.
WMW Asset Management was incorporated on 05 September 2018. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of WMW Asset Management on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2019 are in the company report.
No. WMW Asset Management has 1 GST registration on record and it is cancelled or inactive.
WMW Asset Management operated in the business services industry, in the other services segment. It worked in this industry before it was struck off.
Jignesh Mavji Patel ceased to be Director on 23 Aug 2019. Asmita Jitesh Patel was appointed as Director on 05 Sep 2018. Jitesh Jethalal Patel was appointed as Director on 05 Sep 2018.
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