Daze Diamonds Limited
About Daze Diamonds Limited
Data last updated:
Daze Diamonds Limited was a public limited company based in Thrissur, Kerala, 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 jewelry and gemstone retail and distribution segment of the consumer goods sector. It was incorporated on 08 September 2006.
The company was registered with the Registrar of Companies (ROC), Ernakulam, under CIN U36911KL2006PLC019819. Its GSTIN is 32AADCD0903B1ZN (Kerala).
The company had an authorised share capital of ₹35 Lakh and a paid-up capital of ₹31.4 Lakh. It was led by directors including Seena Wilson and Dhilin Wilson.
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 was at Room No.25/395/33 3rd Floor Pathayapura Building Round South, Thrissur, Kerala, India – 680001.
As per the financials filed for FY 2017, the company reported a revenue of ₹9.69 Lakh, a decline of 26% compared to the previous year. For the same year it recorded a net loss of ₹28,125 (net margin -2.9%) and EBITDA of ₹19,419 (EBITDA margin 2%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years.
Company details
Contact details
Daze Diamonds Limited's registered office is in Thrissur, Kerala. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressRoom No.25/395/33 3rd Floor Pathayapura Building Round South, Thrissur, Kerala, India – 680001
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
To see the full contact details of Daze Diamonds 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 Daze Diamonds is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Daze Diamonds Limited, buy the company report.
Financials of Daze Diamonds Limited
FY 2017 filings availableDaze Diamonds Limited reported revenue of ₹9.69 Lakh (down 26% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 26% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 13%. EBITDA fell 31% 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹9.69 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹19,419 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹28,125 | ||
| 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 | 2% | ||
| Net Profit Margin | -2.9% | ||
| 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 Daze Diamonds Limited, buy the company report.
Board of directors of Daze Diamonds Limited
Daze Diamonds has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Seena Wilson | Director | 08 Sep 2006 | 20 Years 1 Months | As last reported |
| Dhilin Wilson | Director | 08 Sep 2006 | 20 Years 1 Months | As last reported |
| Tharakan Francis Wilson | Director | 08 Sep 2006 | 20 Years 1 Months | As last reported |
Auditor
Daze Diamonds Limited is audited by THOMAS TONY & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| THOMAS TONY & CO | FY 2017 | 008584S |
Shareholding
The shareholding of Daze Diamonds 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 Daze Diamonds Limited, buy the company report.
Legal cases
No court or tribunal cases involving Daze Diamonds 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 Daze Diamonds Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Daze Diamonds has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AADCD0903B1ZN | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Daze Diamonds Limited, buy the company report.
Recent activity
Daze Diamonds Limited has 7 board changes on record since 2006: 3 appointments and 4 cessations. The latest: Deepak Sunny Tharakan ceased to be Director on 01 Aug 2008.
Frequently asked questions
Daze Diamonds 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.
Daze Diamonds was a public limited company based in Thrissur, Kerala, India. The company worked in jewelry and gemstone retail and distribution, within the consumer goods industry. It was incorporated on 08 September 2006 and is registered under CIN U36911KL2006PLC019819. The company has been struck off by the Registrar of Companies and is no longer operational.
Daze Diamonds had 3 directors:
- Seena Wilson - Director
- Dhilin Wilson - Director
- Tharakan Francis Wilson - Director
The CIN (Corporate Identification Number) of Daze Diamonds is U36911KL2006PLC019819. 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 Daze Diamonds is at Room No.2539533 3rd Floor Pathayapura Building Round South, Thrissur, Kerala, India – 680001.
Daze Diamonds was incorporated on 08 September 2006. It is registered with the Registrar of Companies, Ernakulam.
The latest financial statements of Daze Diamonds 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.
The GSTIN of Daze Diamonds is 32AADCD0903B1ZN, registered in Kerala.
Daze Diamonds operated in the consumer goods industry, in the jewelry and gemstone retail and distribution segment. It worked in this industry before it was struck off.
Deepak Sunny Tharakan ceased to be Director on 01 Aug 2008. Nishar Muslimveettil Muhamed ceased to be Director on 01 Aug 2008. Sebastian Chemmannoor Thomas ceased to be Director on 01 Aug 2008. Daze Diamonds has 7 board changes on record in total.