Brier System Private Limited
About Brier System Private Limited
Data last updated:
Brier System Private Limited is a private limited company based in Mumbai, Maharashtra, 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 industrial maintenance and repair services segment of the engineering sector. It was incorporated on 06 December 2007.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2007PTC176529. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Jasher Sherkhan Kaniyampuram and Saara Jasher Kaniyampuram.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at Vijay Enclave Building No. 3 Kavesar Ghodbunder Road, Mumbai, Maharashtra, India – 400601.
As per the financials filed for FY 2016, the company reported a revenue of ₹23.83 Lakh, a decline of 65% compared to the previous year. For the same year it recorded a net loss of ₹3,424 (net margin -0.1%) and EBITDA of ₹10.51 Lakh (EBITDA margin 44.1%).
As per MCA filings, the company has open charges of ₹35 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.
Company details
Contact details
Brier System Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressVijay Enclave Building No. 3 Kavesar Ghodbunder Road, Mumbai, Maharashtra, India – 400601
- IndustryEngineering, Industrial Maintenance & Repair Services
To see the full contact details of Brier System 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 Brier System is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Brier System Private Limited, buy the company report.
Financials of Brier System Private Limited
FY 2016 filings availableBrier System Private Limited reported revenue of ₹23.83 Lakh (down 65% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 65% in the latest year. EBITDA fell 22% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹23.83 Lakh | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹10.51 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹3,424 | |
| 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 44.1% | |
| Net Profit Margin | -0.1% | |
| 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 Brier System Private Limited, buy the company report.
Board of directors of Brier System Private Limited
Brier System 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 |
|---|---|---|---|---|
| Jasher Sherkhan Kaniyampuram Also directs: Ecorich Sustainable Solutions LLP | Director | 06 Dec 2007 | 18 Years 10 Months | As last reported |
| Saara Jasher Kaniyampuram | Director | 01 Oct 2008 | 18 Years 0 Months | As last reported |
Auditor
Brier System Private Limited is audited by JAYANT T FALKE & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAYANT T FALKE & CO | FY 2016 | 106071 |
Shareholding
The shareholding of Brier System Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Brier System Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Jul 2013 | 10440084 | Canara Bank | ₹10 Lakh | Open | |
| 18 Oct 2008 | 10132100 | Canara Bank | ₹25 Lakh | Open |
To see the full charge records of Brier System Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Brier System Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Appeal | Filed against the company by Nilesh Modi Proprietor of Manusha Enterprises | Disposed |
To see the full case history of Brier System 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 Brier System Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Brier System has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Brier System Private Limited, buy the company report.
Recent activity
Brier System Private Limited has 3 board changes on record since 2007: 2 appointments and 1 cessation. The latest: Yusuph Mammy Karumakkat ceased to be Director on 11 Oct 2011.
Frequently asked questions
Brier System 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.
Brier System is a company under liquidation, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in industrial maintenance and repair services, within the engineering industry. It was incorporated on 06 December 2007 and is registered under CIN U74900MH2007PTC176529. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Brier System has 2 current directors:
- Jasher Sherkhan Kaniyampuram - Director
- Saara Jasher Kaniyampuram - Director
The latest financial statements of Brier System on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Brier System is U74900MH2007PTC176529. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Brier System has open charges of ₹35 Lakh and no satisfied charges on record as per latest MCA filings.
Brier System has 1 court case on record: 1 filed against it.
Brier System was incorporated on 06 December 2007. It is registered with the Registrar of Companies, Mumbai.
Yusuph Mammy Karumakkat ceased to be Director on 11 Oct 2011. Saara Jasher Kaniyampuram was appointed as Director on 01 Oct 2008. Jasher Sherkhan Kaniyampuram was appointed as Director on 06 Dec 2007.
The registered office of Brier System is at Vijay Enclave Building No. 3 Kavesar Ghodbunder Road, Mumbai, Maharashtra, India – 400601.