About Alaska Creations Private Limited
Data last updated:
Alaska Creations Private Limited is a private limited company based in Mumbai, Maharashtra, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the lifestyle products and accessories manufacturing segment of the home and lifestyle products sector. It was incorporated on 22 August 2006.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17299MH2006PTC163942. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Askarali Yousuf Manikkoth and Latif Yusuf Manikkhot.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Hiralal Building Ground Floor Pitha Cross Lane Fort, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2018, the company reported a revenue of ₹8.96 Cr, a decline of 64% compared to the previous year. For the same year it recorded a net loss of ₹26.07 Lakh (net margin -2.9%) and EBITDA of ₹47.52 Lakh (EBITDA margin 5.3%). Revenue has declined at a compounded annual rate (CAGR) of 34% over three years.
As per MCA filings, the company has open charges of ₹3.76 Cr on record. Court records list 19 cases involving the company, including 9 filed by the company and 10 filed against it; 3 cases are pending.
The last known website on record is alaskacreations.yolasite.com.
Company details
Contact details
Alaska Creations Private Limited's registered office is in Mumbai, Maharashtra. Its website is alaskacreations.yolasite.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressHiralal Building Ground Floor Pitha Cross Lane Fort, Mumbai, Maharashtra, India – 400001
- IndustryHome & Lifestyle, Lifestyle Products & Accessories Manufacturing
To see the full contact details of Alaska Creations 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 Alaska Creations is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Alaska Creations Private Limited, buy the company report.
Financials of Alaska Creations Private Limited
FY 2018 filings availableAlaska Creations Private Limited reported revenue of ₹8.96 Cr (down 64% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 34% over three years, including a 64% fall in the latest year. EBITDA rose 3% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹8.96 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹47.52 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹26.07 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 5.3% | |||
| Net Profit Margin | -2.9% | |||
| 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 | ||||
To see the full financial statements and ratios of Alaska Creations Private Limited, buy the company report.
Board of directors of Alaska Creations Private Limited
Alaska Creations 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 |
|---|---|---|---|---|
| Askarali Yousuf Manikkoth Also directs: Globers Invest and Trade Private Limited | Director | 22 Aug 2006 | 20 Years 2 Months | As last reported |
| Latif Yusuf Manikkhot Also directs: Globers Invest and Trade Private Limited | Director | 01 Oct 2018 | 8 Years 1 Months | As last reported |
Auditor
Alaska Creations Private Limited is audited by DEEPAK ASHAR & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DEEPAK ASHAR & ASSOCIATES | FY 2018 | 112883W |
Shareholding
The shareholding of Alaska Creations Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Alaska Creations Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Feb 2013 | 10406088 | Dena Bank | ₹3.76 Cr | Open |
To see the full charge records of Alaska Creations Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Alaska Creations Private Limited has 19 court cases on record: 9 filed by Alaska Creations, 10 filed against it. 3 cases are pending and 16 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 17 | 8 | 2 |
| High courts | 1 | 1 | 0 |
| Supreme Court | 1 | 1 | 1 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons cases SS) | Filed against the company by Ms Ladlee Fabrics Pvt. Ltd. | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by Ladlee Fabrics P Ltd Through Samir Rupshi Shah | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS CASES S) | Filed against the company by Dfrnt Clothing Pvt Ltd | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI REV APP) | Filed against the company by Kiwi International Through Its Partner Dhiraj Devichand Jain | Pending |
| Supreme Court | Court case (-Ordinary Civil Matters) | Filed against the company by an individual | Pending |
To see the full case history of Alaska Creations Private 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 Alaska Creations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Alaska Creations 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 Alaska Creations Private Limited, buy the company report.
Recent activity
Alaska Creations Private Limited has 3 board changes on record since 2006: 2 appointments and 1 cessation. The latest: Latif Yusuf Manikkhot was appointed as Director on 01 Oct 2018.
Frequently asked questions
Alaska Creations is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Alaska Creations is a company under insolvency, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in lifestyle products and accessories manufacturing, within the home and lifestyle industry. It was incorporated on 22 August 2006 and is registered under CIN U17299MH2006PTC163942. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Alaska Creations has 2 current directors:
- Askarali Yousuf Manikkoth - Director
- Latif Yusuf Manikkhot - Director
The latest financial statements of Alaska Creations on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Alaska Creations is U17299MH2006PTC163942. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Alaska Creations has open charges of ₹3.76 Cr and no satisfied charges on record as per latest MCA filings.
Alaska Creations has 19 court cases on record: 9 filed by the company and 10 filed against it. 3 are pending. Most are in the district courts.
Alaska Creations was incorporated on 22 August 2006. It is registered with the Registrar of Companies, Mumbai.
Latif Yusuf Manikkhot was appointed as Director on 01 Oct 2018. Maharoof Yousuf Manikoth ceased to be Managing Director on 01 Oct 2018. Askarali Yousuf Manikkoth was appointed as Director on 22 Aug 2006.
Alaska Creations can be reached through the website alaskacreations.yolasite.com. Its registered office is in Mumbai, Maharashtra, India.
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