About Alliance Laundry Private Limited
Data last updated:
Alliance Laundry Private Limited was a foreign private limited company based in New Delhi, Delhi, India, operated as a subsidiary of Alliance Laundry Sysytems Llc. The company has been dissolved under section 59(8) as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 02 April 2014.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U93000DL2014FTC267424. Its GSTIN is 07AAMCA5922C1ZV (Delhi). The company held 3 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹2.85 Cr and a paid-up capital of ₹2.85 Cr. It was led by directors Praveen Singhal and Himanshu Garg.
Its last annual general meeting (AGM) was held on 29 September 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at Unit No. 216 Second Floor Commercial Building Square One C – 2 District Centre Saket, New Delhi, Delhi, India – 110017.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.62 Cr, a decline of 40% compared to the previous year. For the same year it recorded a net profit of ₹19.89 Lakh (net margin 12.3%) and EBITDA of ₹27.53 Lakh (EBITDA margin 17%). Revenue has declined at a compounded annual rate (CAGR) of 20% over three years and 16% over five years.
Court records list 1 case involving the company, including 1 filed by the company.
The last known website on record is alliancels.com.
Company details
Contact details
Alliance Laundry Private Limited's registered office is in New Delhi, Delhi. Its website is alliancels.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressUnit No. 216 Second Floor Commercial Building Square One C – 2 District Centre Saket, New Delhi, Delhi, India – 110017
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
To see the full contact details of Alliance Laundry 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 Alliance Laundry is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Alliance Laundry Private Limited, buy the company report.
Financials of Alliance Laundry Private Limited
FY 2021 filings availableAlliance Laundry Private Limited reported revenue of ₹1.62 Cr (down 40% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 16% over five years, including a 40% fall in the latest year. EBITDA fell 12% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| 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 | ₹27.53 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹19.89 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17% | ||||
| Net Profit Margin | 12.3% | ||||
| 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 Alliance Laundry Private Limited, buy the company report.
Board of directors of Alliance Laundry Private Limited
Alliance Laundry has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Praveen Singhal Also directs: Gazc India Private Limited, Icotek India Private Limited, Koenig & Bauer Banknote Solutions (in) Private Limited and 5 more | Director | 12 Mar 2019 | 7 Years 7 Months | As last reported |
| Himanshu Garg | Director | 17 Sep 2021 | 5 Years 1 Months | As last reported |
Auditor
Alliance Laundry Private Limited is audited by WALKER CHANDIOK & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| WALKER CHANDIOK & ASSOCIATES | FY 2017 | 001329N |
Shareholding
The shareholding of Alliance Laundry Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Alliance Laundry Private Limited, buy the company report.
Legal cases
Alliance Laundry Private Limited has 1 court case on record: 1 filed by Alliance Laundry. 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, Principal Bench | Insolvency matter | Filed by the company | Disposed |
To see the full case history of Alliance Laundry 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 Alliance Laundry Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Alliance Laundry has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAMCA5922C1ZV | Delhi | Active | 23 Mar 2019 |
To see the full GST registrations and return filing status of Alliance Laundry Private Limited, buy the company report.
Recent activity
Alliance Laundry Private Limited has 9 board changes on record since 2015: 2 appointments and 7 cessations. The latest: Himanshu Garg ceased to be Additional Director on 29 Sep 2021.
Frequently asked questions
Alliance Laundry has been "Dissolved Under Section 59(8)" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Alliance Laundry was a foreign private limited company based in New Delhi, Delhi, India. The company worked in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 02 April 2014 and is registered under CIN U93000DL2014FTC267424. The company is recorded as dissolved under section 59(8) in MCA records and no longer exists as a legal entity.
Alliance Laundry was incorporated on 02 April 2014. It is registered with the Registrar of Companies, Delhi.
Alliance Laundry had 2 directors:
- Praveen Singhal - Director
- Himanshu Garg - Director
The CIN (Corporate Identification Number) of Alliance Laundry is U93000DL2014FTC267424. 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 Alliance Laundry is at Unit No. 216 Second Floor Commercial Building Square One C – 2 District Centre Saket, New Delhi, Delhi, India – 110017.
Alliance Laundry can be reached through the website alliancels.com. Its registered office is in New Delhi, Delhi, India.
The latest financial statements of Alliance Laundry on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 29 September 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Alliance Laundry is 07AAMCA5922C1ZV, registered in Delhi. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
Alliance Laundry operated in the machinery and equipment industry, in the industrial machinery retail and distribution segment.