Craftyarn Cotspins Private Limited
About Craftyarn Cotspins Private Limited
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Craftyarn Cotspins Private Limited is a private limited company based in Akola, Maharashtra, India. It operates in the leather segment of the apparel and fashion sector. It was incorporated on 06 June 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN U17291MH2014PTC255391. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Sagar Shrikrushna Pisey and Swapnil Devichand Kakad.
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 H No 896 Kailas Nagar Near Subhash N Savdate, Akola, Maharashtra, India – 444004.
As per the financials filed for FY 2017, the company reported a revenue of ₹3.33 Lakh. For the same year it recorded a net loss of ₹27.1 Lakh and EBITDA of ₹1.02 Lakh (EBITDA margin 30.5%).
As per MCA filings, the company has open charges of ₹1.1 Cr on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Craftyarn Cotspins Private Limited's registered office is in Akola, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressH No 896 Kailas Nagar Near Subhash N Savdate, Akola, Maharashtra, India – 444004
- IndustryAppreal & Fashion, Leather, Textile, Apparel
To see the full contact details of Craftyarn Cotspins 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 Craftyarn Cotspins is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Craftyarn Cotspins Private Limited, buy the company report.
Financials of Craftyarn Cotspins Private Limited
FY 2017 filings availableCraftyarn Cotspins Private Limited reported revenue of ₹3.33 Lakh for FY 2017.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹3.33 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹1.02 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹27.1 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 | 30.5% | ||
| 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 | |||
To see the full financial statements and ratios of Craftyarn Cotspins Private Limited, buy the company report.
Board of directors of Craftyarn Cotspins Private Limited
Craftyarn Cotspins has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sagar Shrikrushna Pisey | Director | 06 Jun 2014 | 12 Years 5 Months | Current |
| Swapnil Devichand Kakad | Director | 06 Jun 2014 | 12 Years 5 Months | Current |
| Lalita Devichand Kakad | Director | 13 Aug 2014 | 12 Years 2 Months | Current |
Auditor
Craftyarn Cotspins Private Limited is audited by SANDEEPRAMESHKALANTRI for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANDEEPRAMESHKALANTRI | FY 2017 | 126704 |
Shareholding
The shareholding of Craftyarn Cotspins Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Craftyarn Cotspins Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Dec 2014 | 10541473 | The Akola Urban Co-Op Bank Ltd. | ₹1.1 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Craftyarn Cotspins 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 Craftyarn Cotspins Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Craftyarn Cotspins 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 Craftyarn Cotspins Private Limited, buy the company report.
Recent activity
Craftyarn Cotspins Private Limited has 4 board changes on record since 2014: 3 appointments and 1 cessation. The latest: Lalita Devichand Kakad ceased to be Additional Director on 30 Dec 2015.
Frequently asked questions
Craftyarn Cotspins is an active private limited company based in Akola, Maharashtra, India. The company works in leather, within the apparel and fashion industry. It was incorporated on 06 June 2014 (12+ years old) and is registered under CIN U17291MH2014PTC255391.
Craftyarn Cotspins has 3 current directors:
- Sagar Shrikrushna Pisey - Director
- Swapnil Devichand Kakad - Director
- Lalita Devichand Kakad - Director
The latest financial statements of Craftyarn Cotspins 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.
No. Craftyarn Cotspins has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Craftyarn Cotspins is U17291MH2014PTC255391. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Craftyarn Cotspins was incorporated on 06 June 2014, making it 12+ years old. It is registered with the Registrar of Companies, Nagpur.
Lalita Devichand Kakad ceased to be Additional Director on 30 Dec 2015. Lalita Devichand Kakad was appointed as Director on 13 Aug 2014. Sagar Shrikrushna Pisey was appointed as Director on 06 Jun 2014. Craftyarn Cotspins has 4 board changes on record in total.
The registered office of Craftyarn Cotspins is at H No 896 Kailas Nagar Near Subhash N Savdate, Akola, Maharashtra, India – 444004.
Craftyarn Cotspins operates in the apparel and fashion industry, in the leather segment.
Craftyarn Cotspins has open charges of ₹1.1 Cr and no satisfied charges on record as per latest MCA filings.
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