Creativeline Cotspin Private Limited

Creativeline Cotspin Private Limited - manufacturing in Barnala, Punjab, India. Directors, charges & compliance details.
CIN U17121PB2008PTC032282 Incorporated 12 September 2008 ROC Chandigarh HQ Barnala, Punjab, India
Merged Private Limited Company manufacturing
Data last updated
Revenue · FY 2018
₹28.04 Cr
▲ 53% YoY
Net profit · FY 2018
₹1.53 Cr
Net margin 5.5%
EBITDA · FY 2018
₹2.74 Cr
EBITDA margin 9.8%
Authorised capital
₹20 Cr
Registered with MCA
Paid-up capital
₹10 Cr
Issued & subscribed
Satisfied charges
₹13.98 Cr
No open charges
Company age
18 yrs
Est. 2008
Employees · EPFO
301
Provident fund records

About Creativeline Cotspin Private Limited

Data last updated:

Creativeline Cotspin Private Limited was a private limited company based in Barnala, Punjab, India, operated as a subsidiary of Prudent Traders Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the textile and fabric production segment of the manufacturing sector. It was incorporated on 12 September 2008.

The company was registered with the Registrar of Companies (ROC), Chandigarh, under CIN U17121PB2008PTC032282. The company has 1 GST registration on record, which is no longer active.

The company had an authorised share capital of ₹20 Cr and a paid-up capital of ₹10 Cr. It was led by directors Gaurav Kumar Jain (Whole-Time Director) and Sanjib Bhattacharya.

Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Litl Textile Park Mansa Road Dhaula, Barnala, Punjab, India – 148107.

As per the financials filed for FY 2018, the company reported a revenue of ₹28.04 Cr, a growth of 53% compared to the previous year. For the same year it recorded a net profit of ₹1.53 Cr (net margin 5.5%) and EBITDA of ₹2.74 Cr (EBITDA margin 9.8%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years.

The company had about 301 employees on its provident fund (EPFO) records before it was dissolved.

As per MCA filings, the company had satisfied charges of ₹13.98 Cr on record.

Company Details of Creativeline Cotspin Private Limited
CIN U17121PB2008PTC032282
Registration Number 032282
Incorporation Date 12 September 2008
ROC Chandigarh
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 29 September 2018
Date of Balance Sheet 31 March 2018
Parent Company Prudent Traders Private Limited
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    Litl Textile Park Mansa Road Dhaula, Barnala, Punjab, India – 148107
  • Industry
    Manufacturing, Textile & Fabric Production
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Financials, compliance, directors, charges, ownership and filings for Creativeline Cotspin Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Creativeline Cotspin Private Limited

The main business activity of Creativeline Cotspin is manufacturing. In detail, this covers textile, leather and other apparel products.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC2Textile, leather and other apparel productsLocked
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Auditor Details of Creativeline Cotspin Private Limited

Creativeline Cotspin Private Limited is audited by K K KAPOOR & ASSOCIATES for the financial year 2017.

NameStatusAppointment DateCessation Date
K K KAPOOR & ASSOCIATESLockedLockedLocked
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Board of Directors and KMP of Creativeline Cotspin Private Limited

Creativeline Cotspin Private Limited currently reports 2 directors and 1 key managerial person. 8 former directors have served the organization.

Directors and KMP (as last reported)
NameDesignationAppointment DateTenureStatus
Deepanshu AggarwalCompany Secretary01 Apr 201610 Years 6 MonthsAs last reported
Gaurav Kumar JainWhole-Time Director01 Sep 20188 Years 1 MonthsAs last reported
Sanjib BhattacharyaDirector21 Aug 201412 Years 1 MonthsAs last reported

Financials of Creativeline Cotspin Private Limited FY 2018 filings available

Creativeline Cotspin Private Limited reported revenue of ₹28.04 Cr (up 53% YoY) for FY 2018.

Revenue · FY 2018
₹28.04 Cr ▲ 53%
Net profit · FY 2018
₹1.53 Cr margin 5.5%
EBITDA · FY 2018
₹2.74 Cr margin 9.8%

Compounded Annual Growth Rate (CAGR) of Creativeline Cotspin Private Limited

Revenue CAGR growth
1 year
▲ 53%
3 years · compounded
▲ 8%
EBITDA CAGR growth
1 year
▲ 175%
3 years · compounded
▲ 26%

Revenue has grown at a compounded annual rate (CAGR) of 8% over three years, including 53% growth in the latest year. EBITDA rose 175% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.

Financial Statement Summary of Creativeline Cotspin Private Limited

MetricsFY 2017-18FY 2016-17FY 2015-16FY 2014-15
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₹2.74 Cr••••••••••••
Profit Before Tax••••••••••••••••
Tax Expense••••••••••••••••
Net Profit (PAT)₹1.53 Cr••••••••••••
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 Creativeline Cotspin Private Limited

MetricsFY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin9.8%••••••••••••
Net Profit Margin5.5%••••••••••••
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 Creativeline Cotspin are in the company report.

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Financial statements from 2015

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Ownership and Shareholding of Creativeline Cotspin Private Limited

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Charges & Borrowings of Creativeline Cotspin Private Limited

Open charges
None
Satisfied charges
₹13.98 Cr
Breakdown by lending institutions
Punjab National Bank₹13.98 Cr
Latest charge details
DateLenderAmountStatus
31 Mar 2010Punjab National Bank₹7.24 CrSatisfied
31 Mar 2010Punjab National Bank₹6.74 CrSatisfied

Total charge records: 2 View all charges

Employees and EPFO Compliance at Creativeline Cotspin Private Limited

Employment history and EPFO contributions of people linked to Creativeline Cotspin.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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GST Compliance of Creativeline Cotspin Private Limited

Creativeline Cotspin has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1
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GST registrations and filing compliance

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Credit Ratings, Litigation & Regulatory Alerts for Creativeline Cotspin Private Limited

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MSME Payment Delays by Creativeline Cotspin Private Limited

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Subsidiaries & Group Companies of Creativeline Cotspin Private Limited

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Corporate group structure

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MCA Filings & Documents of Creativeline Cotspin Private Limited

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MCA filings and documents

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Recent Activity on Creativeline Cotspin Private Limited

Activity
29 Sep 2018
Creativeline Cotspin Private Limited last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records.
Directors
01 Sep 2018
Gaurav Kumar Jain was appointed as a Whole-time director on 01 Sep 2018 & has been associated with this company since 8 years 1 month.
Activity
31 Mar 2018
Creativeline Cotspin Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Chandigarh.
Charges
14 Jun 2017
A charge registered on 31 Mar 2010 via Charge ID 10214579 with Punjab National Bank was fully satisfied on 14 Jun 2017.
Charges
24 Apr 2017
A charge registered on 31 Mar 2010 via Charge ID 10214577 with Punjab National Bank was fully satisfied on 24 Apr 2017.
Directors
01 Apr 2016
Deepanshu Aggarwal was appointed as a Company Secretary on 01 Apr 2016 & has been associated with this company since 10 years 6 months.

Frequently Asked Questions about Creativeline Cotspin Private Limited

Creativeline Cotspin has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.

Creativeline Cotspin was a private limited company based in Barnala, Punjab, India. The company worked in textile and fabric production, within the manufacturing industry. It was incorporated on 12 September 2008 and is registered under CIN U17121PB2008PTC032282. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.

Creativeline Cotspin was incorporated on 12 September 2008. It is registered with the Registrar of Companies, Chandigarh.

Creativeline Cotspin had 3 directors and KMP:

The CIN (Corporate Identification Number) of Creativeline Cotspin is U17121PB2008PTC032282. 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 Creativeline Cotspin is at Litl Textile Park Mansa Road Dhaula, Barnala, Punjab, India – 148107.

Creativeline Cotspin reported revenue of ₹28.04 Cr for FY 2018 (up 53% YoY).

Creativeline Cotspin has an authorised share capital of ₹20 Cr and a paid-up capital of ₹10 Cr.

Creativeline Cotspin reported a net profit of ₹1.53 Cr (net margin 5.5%) and EBITDA of ₹2.74 Cr (EBITDA margin 9.8%) for FY 2018, as per its filed financial statements.

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