Continental Spinners Limited
About Continental Spinners Limited
Data last updated:
Continental Spinners Limited was a public limited company based in Delhi, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the textile and fabric production segment of the manufacturing sector. It was incorporated on 29 August 1986.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL1986PLC025295. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.1 Cr. It was led by directors including Nandi Vardhan Jain and Harsh Vardhan Jain.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at First Floor 14 Arihant Nagar Punjabi Bagh, Delhi, India – 110026.
As per MCA filings, the company had satisfied charges of ₹2.57 Cr on record. Court records list 6 cases involving the company, including 4 filed by the company and 2 filed against it.
CIN History of Continental Spinners Limited
Continental Spinners has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74999DL1986PLC025295, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999DL1986PLC025295 | Current |
| U74999DL1986ULT025295 | Previous |
| U74999DL1986ULL025295 | Previous |
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressFirst Floor 14 Arihant Nagar Punjabi Bagh, Delhi, India – 110026
- IndustryManufacturing, Textile & Fabric Production
- 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
- One PDF report, delivered after checkout
Financials of Continental Spinners Limited FY 2023 filings available
Financial Statement Summary of Continental Spinners Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| 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 | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | •••• | •••• | •••• | •••• | •••• |
| 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 of Continental Spinners Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Continental Spinners are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Continental Spinners Limited
Continental Spinners has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nandi Vardhan Jain | Director | 29 Aug 1986 | 40 Years 1 Months | As last reported |
| Harsh Vardhan Jain | Director | 29 Aug 1986 | 40 Years 1 Months | As last reported |
| Yash Wardhan Jain | Director | 25 Sep 1989 | 37 Years 0 Months | As last reported |
| Rajya Vardhan Jain | Director | 25 Sep 1989 | 37 Years 0 Months | As last reported |
Auditor Details of Continental Spinners Limited
Continental Spinners Limited is audited by Matta & Associates for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Matta & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Continental Spinners Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Continental Spinners Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Aug 1995 | H. P. Financial Corporation | ₹60 Lakh | Satisfied |
| 02 Aug 1989 | Punjab National Bank | ₹1.11 Cr | Satisfied |
| 25 Apr 1989 | Punjab National Bank | ₹6 Lakh | Satisfied |
| 16 Jun 1987 | Punjab National Bank | ₹40 Lakh | Satisfied |
| 09 Jun 1987 | Punjab National Bank | ₹40 Lakh | Satisfied |
Total charge records: 5 View all charges
Legal Cases of Continental Spinners Limited
Continental Spinners Limited has 6 court cases on record: 4 filed by Continental Spinners, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 2 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, HIMACHAL PRADESH | Court case (EX.P) | Filed against the company by individuals | Disposed |
| High Court of Delhi | Court case (EX.P.) | Filed against the company by Himachal Pradesh State Industrial Development | Disposed |
| High Court, HIMACHAL PRADESH | Writ petition | Filed by the company against H.P.State Industrial Development Corpn.(Not Applicable) | Disposed |
| High Court | Writ petition | Filed by the company against an individual | Disposed |
| High Court of Delhi | Court case (CRL.M.C.) | Filed by the company against State & Anr. | Disposed |
Full case history
All 6 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Continental Spinners Limited
Employment history and EPFO contributions of people linked to Continental Spinners.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Continental Spinners Limited
Continental Spinners Limited has 6 board changes on record since 1986: 4 appointments and 2 cessations. The latest: Harsh Vardhan Jain ceased to be Managing Director on 02 Jan 2020.
11 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Continental Spinners Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Continental Spinners Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Continental Spinners Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Continental Spinners Limited
Continental Spinners has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Continental Spinners Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Continental Spinners Limited
Continental Spinners has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Continental Spinners was a public limited company based in Delhi, India. The company worked in textile and fabric production, within the manufacturing industry. It was incorporated on 29 August 1986 and is registered under CIN U74999DL1986PLC025295. The company has been struck off by the Registrar of Companies and is no longer operational.
Continental Spinners had 4 directors:
- Nandi Vardhan Jain - Director
- Harsh Vardhan Jain - Director
- Yash Wardhan Jain - Director
- Rajya Vardhan Jain - Director
The CIN (Corporate Identification Number) of Continental Spinners is U74999DL1986PLC025295. 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 Continental Spinners is at First Floor 14 Arihant Nagar Punjabi Bagh, Delhi, India – 110026.
Continental Spinners was incorporated on 29 August 1986. It is registered with the Registrar of Companies, Delhi.
Continental Spinners has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.1 Cr.
No. Continental Spinners has 1 GST registration on record and it is cancelled or inactive.
Continental Spinners operated in the manufacturing industry, in the textile and fabric production segment. It worked in this industry before it was struck off.
No. Continental Spinners is not listed on any stock exchange. It is an unlisted company.