About Cross Link Shipping Private Limited
Data last updated:
Cross Link Shipping Private Limited is a private limited company based in New Delhi, Delhi, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the shipping and maritime services segment of the transport and logistics sector. It was incorporated on 14 January 1993.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1993PTC051733. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Nita Makhija (Managing Director) and Kanika Makhija.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 35 – A Siddharth Chambers – II Kalu Sarai Hauz Khas, New Delhi, Delhi, India – 110016.
As per the financials filed for FY 2019, the company reported a revenue of ₹12.09 Cr, a decline of 72% compared to the previous year. For the same year it recorded a net loss of ₹1.44 Cr (net margin -11.9%) and EBITDA of -₹1.44 Cr (EBITDA margin -11.9%). Revenue has declined at a compounded annual rate (CAGR) of 29% over three years.
The company has about 7 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.57 Cr on record. Court records list 22 cases involving the company, including 17 filed by the company and 5 filed against it; 2 cases are pending.
The last known website on record is crosslinkshipping.com.
Company details
Contact details
Cross Link Shipping Private Limited's registered office is in New Delhi, Delhi. Its website is crosslinkshipping.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address35 – A Siddharth Chambers – II Kalu Sarai Hauz Khas, New Delhi, Delhi, India – 110016
- IndustryTransport and Logistics, Shipping & Maritime Services
To see the full contact details of Cross Link Shipping 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 Cross Link Shipping is transport and storage. In detail, this covers services incidental to land, water & air transportation.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H5 | Services incidental to land, water & air transportation |
To see the full business activity and turnover split of Cross Link Shipping Private Limited, buy the company report.
Financials of Cross Link Shipping Private Limited
FY 2019 filings availableCross Link Shipping Private Limited reported revenue of ₹12.09 Cr (down 72% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 29% over three years, including a 72% fall in the latest year. EBITDA fell 255% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹12.09 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | -₹1.44 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.44 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -11.9% | ||||
| Net Profit Margin | -11.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Cross Link Shipping Private Limited, buy the company report.
Board of directors of Cross Link Shipping Private Limited
Cross Link Shipping has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kanika Makhija | Director | 01 May 2018 | 8 Years 6 Months | As last reported |
| Nita Makhija | Managing Director | 16 Mar 2010 | 16 Years 7 Months | As last reported |
Auditor
Cross Link Shipping Private Limited is audited by ASHWANI & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASHWANI & ASSOCIATES | FY 2019 | 000497N |
Shareholding
The shareholding of Cross Link Shipping Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Cross Link Shipping Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Jul 2018 | 100222069 | Hdfc Bank Limited | ₹41.94 Lakh | Open | |
| 30 Dec 2014 | 10595861 | Hdfc Bank Limited | ₹53.1 Lakh | Open | |
| 16 Mar 2012 | 10342693 | Corporation Bank | ₹12 Lakh | Open | |
| 23 Sep 2011 | 10310131 | Corporation Bank | ₹50 Lakh | Open |
Total charge records: 4 View all charges
Legal cases
Cross Link Shipping Private Limited has 22 court cases on record: 17 filed by Cross Link Shipping, 5 filed against it. 2 cases are pending and 20 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 20 | 5 | 1 |
| High courts | 2 | 0 | 1 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South, Delhi | Civil suit | Filed against the company by Three Aces Global Logistics Pvt. Ltd. | Disposed |
| District court, Ludhiana, Punjab | Cheque dishonour complaint | Filed against the company by M/S Pristine Mega Logistics Park Pvt Ltd | Disposed |
| District court, South, Delhi | Interim or miscellaneous application | Filed by the company against Benchmark Supply Chain Solutions Pvt. Ltd. | Disposed |
| District court, South, Delhi | Criminal case | Filed by the company against Basic India Limited and Ors. and 3 others | Disposed |
| District court, South, Delhi | Civil suit | Filed by the company against Esprit India Polymers Pvt. Ltd. | Disposed |
To see the full case history of Cross Link Shipping Private 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 Cross Link Shipping Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Cross Link Shipping Private Limited has a workforce of 7 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Cross Link Shipping has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Cross Link Shipping Private Limited, buy the company report.
Recent activity
Cross Link Shipping Private Limited has 12 board changes on record since 2010: 2 appointments and 10 cessations. The latest: Kanika Makhija ceased to be Additional Director on 29 Sep 2018.
7 earlier events are in the company report.
Frequently asked questions
Cross Link Shipping is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Cross Link Shipping is a company under liquidation, formerly operating as a private limited company based in New Delhi, Delhi, India. The company works in shipping and maritime services, within the transport and logistics industry. It was incorporated on 14 January 1993 and is registered under CIN U74899DL1993PTC051733. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Cross Link Shipping has 2 current directors:
- Nita Makhija - Managing Director
- Kanika Makhija - Director
The latest financial statements of Cross Link Shipping on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Cross Link Shipping is U74899DL1993PTC051733. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cross Link Shipping has open charges of ₹1.57 Cr and no satisfied charges on record as per latest MCA filings.
Cross Link Shipping has 22 court cases on record: 17 filed by the company and 5 filed against it. 2 are pending. Most are in the district courts.
Cross Link Shipping was incorporated on 14 January 1993. It is registered with the Registrar of Companies, Delhi.
Kanika Makhija ceased to be Additional Director on 29 Sep 2018. Kanika Makhija was appointed as Director on 01 May 2018. Nita Makhija ceased to be Director on 01 May 2018. Cross Link Shipping has 12 board changes on record in total.
Cross Link Shipping can be reached through the website crosslinkshipping.com. Its registered office is in New Delhi, Delhi, India.
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