Advance Commotrade Private Limited
About Advance Commotrade Private Limited
Data last updated:
Advance Commotrade Private Limited was a private limited company based in New Delhi, Delhi, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the specialised services segment of the trading and commerce sector. It was incorporated on 17 February 2010.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U51909DL2010PTC335979.
The company had an authorised share capital of ₹35 Lakh and a paid-up capital of ₹34.95 Lakh. It was led by directors Abhishek Jain and Ajay Kumar Jain.
Its last annual general meeting (AGM) was held on 29 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at 54 Okhla Industrial Estate Phase – III, New Delhi, Delhi, India – 110020.
As per the financials filed for FY 2017, the company reported a revenue of ₹13.18 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹5.78 Lakh (net margin 43.9%) and EBITDA of ₹5 Lakh (EBITDA margin 37.9%).
Court records list 1 case involving the company, including 1 filed by the company.
CIN History
Advance Commotrade has one previous CIN (Corporate Identification Number): U51909WB2010PTC142433. The current CIN is U51909DL2010PTC335979, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51909DL2010PTC335979 | Current |
| U51909WB2010PTC142433 | Previous |
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- Registered Address54 Okhla Industrial Estate Phase – III, New Delhi, Delhi, India – 110020
- IndustryTrading, Specialty, Wholesale
- 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
Financials of Advance Commotrade Private Limited
FY 2021 filings availableAdvance Commotrade Private Limited reported revenue of ₹13.18 Lakh (up 455% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 455% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2014-15 to FY 2015-16in the company report |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | |
| Other Income | •••• | |
| Total Revenue | ₹13.18 Lakh | |
| Cost of Materials Consumed | •••• | |
| Employee Benefit Expense | •••• | |
| Finance Costs | •••• | |
| Depreciation and Amortisation | •••• | |
| Other Expenses | •••• | |
| Total Expenses | •••• | |
| EBITDA | ₹5 Lakh | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | ₹5.78 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 2016-17 | FY 2014-15 to FY 2015-16in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 37.9% | |
| Net Profit Margin | 43.9% | |
| 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, and every line for FY 2014-15 to FY 2015-16, 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 Advance Commotrade 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
Board of Directors of Advance Commotrade Private Limited
Advance Commotrade has 2 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhishek Jain Also directs: Ppap Automotive Limited, Avinya Sealing Systems Limited, Avinya Industrial Products Limited and 5 more | Director | 06 Oct 2020 | 6 Years 0 Months | As last reported |
| Ajay Kumar Jain Also directs: Ppap Automotive Limited, Avinya Sealing Systems Limited, Avinya Industrial Products Limited and 5 more | Director | 06 Oct 2020 | 6 Years 0 Months | As last reported |
Auditor Details
Advance Commotrade Private Limited is audited by O.P. Bagla & Co. for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| O.P. Bagla & Co. | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
Advance Commotrade Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases
Advance Commotrade Private Limited has 1 court case on record: 1 filed by Advance Commotrade. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, New Delhi Bench Court-III | Court case (C.P.(CAA)) | Filed by the company | Disposed |
: available in 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.
Employees and EPFO Compliance
Employment history and EPFO contributions of people linked to Advance Commotrade.
: available in the company report
Recent Activity
Advance Commotrade Private Limited has 14 board changes on record since 2010: 2 appointments and 12 cessations. The latest: Abhishek Jain ceased to be Additional Director on 29 Nov 2021.
5 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Advance Commotrade 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.
Advance Commotrade was a private limited company based in New Delhi, Delhi, India. The company worked in specialty, within the trading industry. It was incorporated on 17 February 2010 and is registered under CIN U51909DL2010PTC335979. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Advance Commotrade was incorporated on 17 February 2010. It is registered with the Registrar of Companies, Delhi.
Advance Commotrade had 2 directors:
- Abhishek Jain - Director
- Ajay Kumar Jain - Director
The CIN (Corporate Identification Number) of Advance Commotrade is U51909DL2010PTC335979. 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 Advance Commotrade is at 54 Okhla Industrial Estate Phase – III, New Delhi, Delhi, India – 110020.
The latest financial statements of Advance Commotrade on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 29 November 2021. Year-wise statements from 2015 are in the company report.
Advance Commotrade operated in the trading industry, in the specialty segment.
Advance Commotrade has 1 court case on record: 1 filed by the company.
Abhishek Jain ceased to be Additional Director on 29 Nov 2021. Ajay Kumar Jain ceased to be Additional Director on 29 Nov 2021. Abhishek Jain was appointed as Director on 06 Oct 2020. Advance Commotrade has 14 board changes on record in total.