About Associated Appliances Limited
Data last updated:
Associated Appliances Limited is a public limited company based in New Delhi, Delhi, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the crockery and kitchenware manufacturing segment of the home and lifestyle products sector. It was incorporated on 21 April 1994.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1994PLC058528. Its GSTIN is 06AACCA6250B2Z9 (Haryana). The company holds 9 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.62 Cr. It was formerly known as Associated Appliances Private Limited. It is led by directors including Praveen Sharma (Whole-Time Director) and Akshay Sharma.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at D – 218 Ground Floor Sarita Vihar, New Delhi, Delhi, India – 110076.
As per the financials filed for FY 2017, the company reported a revenue of ₹100.51 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹32.68 Lakh (net margin 0.3%) and EBITDA of ₹8.2 Cr (EBITDA margin 8.2%).
The company has about 152 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹36.42 Cr and satisfied charges of ₹14.55 Cr on record. Court records list 35 cases involving the company, including 8 filed by the company and 27 filed against it; 17 cases are pending.
The last known website on record is planethomeappliances.com.
Company details
CIN history
Associated Appliances has one previous CIN (Corporate Identification Number): L74899DL1994PLC058528. The current CIN is U74899DL1994PLC058528, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74899DL1994PLC058528 | Current |
| L74899DL1994PLC058528 | Previous |
Contact details
Associated Appliances Limited's registered office is in New Delhi, Delhi. Its website is planethomeappliances.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressD – 218 Ground Floor Sarita Vihar, New Delhi, Delhi, India – 110076
- IndustryHome & Lifestyle, Crockery & Kitchenware Manufacturing
To see the full contact details of Associated Appliances 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 Associated Appliances is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Associated Appliances Limited, buy the company report.
Financials of Associated Appliances Limited
FY 2017 filings availableAssociated Appliances Limited reported revenue of ₹100.51 Cr (down 9% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 9% in the latest year. EBITDA fell 5% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹100.51 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹8.2 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹32.68 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 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 8.2% | ||
| Net Profit Margin | 0.3% | ||
| 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 Associated Appliances Limited, buy the company report.
Board of directors of Associated Appliances Limited
Associated Appliances has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akshay Sharma | Director | 19 Apr 2016 | 10 Years 6 Months | As last reported |
| Deepika Sharma | Director | 01 Oct 2016 | 10 Years 0 Months | As last reported |
| Udham Singh Sharma | Additional Director | 06 Apr 2018 | 8 Years 6 Months | As last reported |
| Praveen Sharma Also directs: Sweet Home Products Pvtltd | Whole-Time Director | 13 Feb 1998 | 28 Years 8 Months | As last reported |
Auditor
Associated Appliances Limited is audited by S R K & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R K & CO | FY 2017 | 024613N |
Shareholding
The shareholding of Associated Appliances Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Associated Appliances Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Dec 2017 | 100166208 | Others | ₹99 Lakh | Open | |
| 01 Feb 2017 | 100079676 | Others | ₹4.8 Cr | Open | |
| 27 Sep 2013 | 10453832 | Reliance Capital Ltd | ₹38.75 Lakh | Open | |
| 08 Jul 2011 | 10302277 | Bank of Baroda | ₹1 Cr | Open | |
| 04 Feb 2011 | 10272721 | Bank of Baroda | ₹6 Lakh | Open |
To see the full charge records of Associated Appliances Limited, buy the company report.
Total charge records: 17 View all charges
Legal cases
Associated Appliances Limited has 35 court cases on record: 8 filed by Associated Appliances, 27 filed against it. 17 cases are pending and 18 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 28 | 23 | 16 |
| High courts | 6 | 3 | 1 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 35)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by M/S Reliance Commercial Finance Ltd | Pending |
| District court, South West, Delhi | Criminal case | Filed against the company by M/S.Pawan Packaging P.Ltd. | Pending |
| District court, New Delhi, Delhi | Court case (OMP (I) (COMM.)) | Filed against the company by Reliance Commercial Finance Ltd | Disposed |
| District court, South East, Delhi | Criminal case | Filed against the company by Intec Capital Ltd | Disposed |
| High Court of Delhi | Court case (CS(OS)) | Filed by the company against M/S Lancer Home Appliances Pvt. Ltd | Disposed |
To see the full case history of Associated Appliances 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 Associated Appliances Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Associated Appliances Limited has a workforce of 152 employees on its EPFO records as of Apr 09, 2024, across 2 active EPFO establishments.
GST
Associated Appliances has 9 GST registrations: 1 active and 8 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AACCA6250B2Z9 | Haryana | Active | 17 Apr 2021 |
To see the full GST registrations and return filing status of Associated Appliances Limited, buy the company report.
Recent activity
Associated Appliances Limited has 9 board changes on record since 1998: 4 appointments and 5 cessations. The latest: Richa Sharma ceased to be Additional Director on 06 Apr 2018.
31 earlier events are in the company report.
Frequently asked questions
Associated Appliances is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Associated Appliances is a company under liquidation, formerly operating as a public limited company based in New Delhi, Delhi, India. The company works in crockery and kitchenware manufacturing, within the home and lifestyle industry. It was incorporated on 21 April 1994 and is registered under CIN U74899DL1994PLC058528. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Associated Appliances has 4 current directors:
- Praveen Sharma - Whole-Time Director
- Akshay Sharma - Director
- Deepika Sharma - Director
- Udham Singh Sharma - Additional Director
The latest financial statements of Associated Appliances on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Associated Appliances is U74899DL1994PLC058528. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Associated Appliances has open charges of ₹36.42 Cr and satisfied charges of ₹14.55 Cr as per latest MCA filings.
Associated Appliances has 35 court cases on record: 8 filed by the company and 27 filed against it. 17 are pending. Most are in the district courts.
Associated Appliances was incorporated on 21 April 1994. It is registered with the Registrar of Companies, Delhi.
Richa Sharma ceased to be Additional Director on 06 Apr 2018. Udham Singh Sharma was appointed as Additional Director on 06 Apr 2018. Udham Singh Sharma ceased to be Whole-Time Director on 29 Jan 2018. Associated Appliances has 9 board changes on record in total.
Associated Appliances can be reached through the website planethomeappliances.com. Its registered office is in New Delhi, Delhi, India.
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