Continental Sourcing Private Limited
About Continental Sourcing Private Limited
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Continental Sourcing Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the furniture manufacturing segment of the consumer electronics and durables sector. It was incorporated on 07 January 2008.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U36100MH2008PTC177461. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹4.5 Cr and a paid-up capital of ₹4.1 Cr.
Its last annual general meeting (AGM) was held on 30 June 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2017, the company reported a revenue of ₹6.63 Lakh, a growth of 132% compared to the previous year. For the same year it recorded a net profit of ₹2.71 Lakh (net margin 41%) and EBITDA of ₹4.82 Lakh (EBITDA margin 72.7%).
Company details
Contact details
Continental Sourcing Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressC/O. Y. K. Bhagwagar & Co. Shivsagar Estate D Block 4th Floor Dr. Annie Besant Roa, D Worli, Mumbai, Maharashtra, India – 400018
- IndustryConsumer Electronics & Durables, Furniture Manufacturing
To see the full contact details of Continental Sourcing 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 Continental Sourcing is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of Continental Sourcing Private Limited, buy the company report.
Financials of Continental Sourcing Private Limited
FY 2017 filings availableContinental Sourcing Private Limited reported revenue of ₹6.63 Lakh (up 132% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 132% in the latest year. EBITDA rose 274% 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 | ₹6.63 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹4.82 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹2.71 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 | 72.7% | ||
| Net Profit Margin | 41% | ||
| 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 Continental Sourcing Private Limited, buy the company report.
Board of directors of Continental Sourcing Private Limited
Continental Sourcing has 7 former directors on record and no current directors listed.
Auditor
Continental Sourcing Private Limited is audited by Sudit K. Parekh & Co for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sudit K. Parekh & Co | FY 2017 | 110512W |
Shareholding
The shareholding of Continental Sourcing 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 Continental Sourcing Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Continental Sourcing Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Continental Sourcing Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Continental Sourcing 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 Continental Sourcing Private Limited, buy the company report.
Recent activity
Continental Sourcing Private Limited has 7 board changes on record since 2009: 0 appointments and 7 cessations. The latest: Ivor Mario Braganza ceased to be Director on 19 Sep 2018.
Frequently asked questions
Continental Sourcing has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Continental Sourcing was a private limited company based in Mumbai, Maharashtra, India. The company worked in furniture manufacturing, within the consumer electronics and durables industry. It was incorporated on 07 January 2008 and is registered under CIN U36100MH2008PTC177461. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Continental Sourcing is U36100MH2008PTC177461. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Continental Sourcing was incorporated on 07 January 2008. It is registered with the Registrar of Companies, Mumbai.
The registered office of Continental Sourcing is at CO. Y. K. Bhagwagar & Co. Shivsagar Estate D Block 4th Floor Dr. Annie Besant Roa, D Worli, Mumbai, Maharashtra, India – 400018.
The latest financial statements of Continental Sourcing on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 June 2017. Year-wise statements from 2015 are in the company report.
No. Continental Sourcing has 1 GST registration on record and it is cancelled or inactive.
Continental Sourcing operated in the consumer electronics and durables industry, in the furniture manufacturing segment.
Ivor Mario Braganza ceased to be Director on 19 Sep 2018. Manohar Pundalik Hari Shenoy ceased to be Director on 19 Sep 2018. Imad Kamal Sultan ceased to be Director on 02 Nov 2015. Continental Sourcing has 7 board changes on record in total.
Continental Sourcing can be reached at its registered office: CO. Y. K. Bhagwagar & Co. Shivsagar Estate D Block 4th Floor Dr. Annie Besant Roa, D Worli, Mumbai, Maharashtra, India – 400018.