About Credforce Asia Limited
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Credforce Asia Limited is a public limited company based in New Delhi, Delhi, India. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 15 February 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74140DL2012PLC231581. Its GSTIN is 06AAECB8692C1ZN (Haryana).
The company has an authorised share capital of ₹55.5 Cr and a paid-up capital of ₹49.37 Cr. It was formerly known as Tcg Hamilton India Limited and Tcg Hamilton India Private Limited. It is led by directors including Sanjeeva Shukla (Whole-Time Director) and Sanjeev Dhingra.
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 is at Level 2 Elegance Tower Jasola District Centre Mathura Road, New Delhi, Delhi, India – 110025.
As per the financials filed for FY 2018, the company reported a revenue of ₹285.88 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹65.42 Cr (net margin 22.9%) and EBITDA of ₹108.05 Cr (EBITDA margin 37.8%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years.
The company has about 4 employees on its provident fund (EPFO) records.
Court records list 76 cases involving the company, including 3 filed by the company and 73 filed against it; 54 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website credforce.com.
Company details
Name history
Credforce Asia has undergone 3 name changes throughout its history. The company was previously known as Tcg Hamilton India Limited, Tcg Hamilton India Private Limited, and Bci Global Private Limited. The current legal name is Credforce Asia Limited.
| Company Name | Status |
|---|---|
| Credforce Asia Limited | Current |
| Tcg Hamilton India Limited | Previous |
| Tcg Hamilton India Private Limited | Previous |
| Bci Global Private Limited | Previous |
CIN history
Credforce Asia has one previous CIN (Corporate Identification Number): U74140DL2012PTC231581. The current CIN is U74140DL2012PLC231581, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74140DL2012PLC231581 | Current |
| U74140DL2012PTC231581 | Previous |
Contact details
Credforce Asia Limited's registered office is in New Delhi, Delhi. Its website is credforce.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressLevel 2 Elegance Tower Jasola District Centre Mathura Road, New Delhi, Delhi, India – 110025
- IndustryTravel and Hospitality, Consumer Professional Services
To see the full contact details of Credforce Asia 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 Credforce Asia is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities |
To see the full business activity and turnover split of Credforce Asia Limited, buy the company report.
Financials of Credforce Asia Limited
FY 2018 filings availableCredforce Asia Limited reported revenue of ₹285.88 Cr (up 10% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 17% over three years, including 10% growth in the latest year. EBITDA rose 11% 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹285.88 Cr | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
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| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹108.05 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹65.42 Cr | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
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| Trade Payables | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 37.8% | |||
| Net Profit Margin | 22.9% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
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| Current Ratio | ||||
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| Receivable Days | ||||
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To see the full financial statements and ratios of Credforce Asia Limited, buy the company report.
Board of directors of Credforce Asia Limited
Credforce Asia has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjeev Dhingra | Director | 04 Sep 2013 | 13 Years 1 Months | Current |
| Rajiv Gupta | Director | 15 Feb 2012 | 14 Years 8 Months | Current |
| Sanjeeva Shukla | Whole-Time Director | 15 Feb 2012 | 14 Years 8 Months | Current |
Auditor
Credforce Asia Limited is audited by BANSAL NEERAJ ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BANSAL NEERAJ ASSOCIATES | FY 2018 | 009887N |
Shareholding
The shareholding of Credforce Asia Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Credforce Asia Limited, buy the company report.
Legal cases
Credforce Asia Limited has 76 court cases on record: 3 filed by Credforce Asia, 73 filed against it. 54 cases are pending and 22 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 69 | 66 | 54 |
| High courts | 7 | 7 | 0 |
Cases on record (5 of 76)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Civil suit | Filed by the company against M/S Office Beanz Private Limited | Disposed |
| District court, Central, Delhi | Criminal case | Filed against the company by The Registrar of Companies | Pending |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by an individual | Pending |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by an individual | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed against the company by an individual | Pending |
To see the full case history of Credforce Asia 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 Credforce Asia Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Credforce Asia Limited has a workforce of 4 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
Credforce Asia has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAECB8692C1ZN | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Credforce Asia Limited, buy the company report.
Recent activity
Credforce Asia Limited has 5 board changes on record since 2012: 3 appointments and 2 cessations. The latest: Sanjeeva Shukla ceased to be Director on 04 Dec 2017.
Frequently asked questions
Credforce Asia is an active public limited company based in New Delhi, Delhi, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 15 February 2012 (14+ years old) and is registered under CIN U74140DL2012PLC231581.
Credforce Asia has 3 current directors:
- Sanjeeva Shukla - Whole-Time Director
- Sanjeev Dhingra - Director
- Rajiv Gupta - Director
The latest financial statements of Credforce Asia on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of Credforce Asia is 06AAECB8692C1ZN, registered in Haryana.
The CIN (Corporate Identification Number) of Credforce Asia is U74140DL2012PLC231581. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Credforce Asia has 76 court cases on record: 3 filed by the company and 73 filed against it. 54 are pending. Most are in the district courts.
Credforce Asia was incorporated on 15 February 2012, making it 14+ years old. It is registered with the Registrar of Companies, Delhi.
Sanjeeva Shukla ceased to be Director on 04 Dec 2017. Sanjeev Dhingra ceased to be Additional Director on 30 Sep 2014. Sanjeev Dhingra was appointed as Director on 04 Sep 2013. Credforce Asia has 5 board changes on record in total.
Credforce Asia can be reached through the website credforce.com. Its registered office is in New Delhi, Delhi, India.
The registered office of Credforce Asia is at Level 2 Elegance Tower Jasola District Centre Mathura Road, New Delhi, Delhi, India – 110025.