Desperate Trading Private Limited
About Desperate Trading Private Limited
Data last updated:
Desperate Trading Private Limited was a private limited company based in Delhi, 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 wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 19 December 2011.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U51909DL2011PTC228931. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹15 Lakh and a paid-up capital of ₹11.75 Lakh. It was led by directors Satish Kumar and Amit Kumar Omkarnath Rai.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at F – 31 F/F Madan Park Ashoka Park Metro, Delhi, India – 110026.
As per the financials filed for FY 2016, the company reported a revenue of ₹74.39 Lakh, a decline of 98% compared to the previous year. For the same year it recorded a net loss of ₹4.09 Lakh (net margin -5.5%) and EBITDA of -₹4.07 Lakh (EBITDA margin -5.5%).
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- Registered AddressF – 31 F/F Madan Park Ashoka Park Metro, Delhi, India – 110026
- IndustryTrading, Wholesale, Other Wholesale
- 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
- One PDF report, delivered after checkout
Business Activity of Desperate Trading Private Limited
The main business activity of Desperate Trading is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Desperate Trading Private Limited FY 2016 filings available
Desperate Trading Private Limited reported revenue of ₹74.39 Lakh (down 98% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR) of Desperate Trading Private Limited
Revenue fell 98% in the latest year. EBITDA fell 286% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Desperate Trading Private Limited
| Metrics | FY 2015-16 | FY 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 | -₹4.07 Lakh | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | -₹4.09 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 of Desperate Trading Private Limited
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -5.5% | •••• |
| Net Profit Margin | -5.5% | •••• |
| 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 Desperate Trading are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Desperate Trading Private Limited
Desperate Trading has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satish Kumar | Director | 27 Aug 2014 | 12 Years 1 Months | As last reported |
| Amit Kumar Omkarnath Rai | Director | 15 Mar 2016 | 10 Years 6 Months | As last reported |
Charges & Borrowings of Desperate Trading Private Limited
Desperate Trading Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Desperate Trading Private Limited
Employment history and EPFO contributions of people linked to Desperate Trading.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Desperate Trading Private Limited
Desperate Trading Private Limited has 11 board changes on record since 2013: 2 appointments and 9 cessations. The latest: Amit Kumar Omkarnath Rai ceased to be Director on 01 May 2019.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Desperate Trading Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Desperate Trading Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Desperate Trading Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Desperate Trading Private Limited
Desperate Trading has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Desperate Trading Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Desperate Trading Private Limited
Desperate Trading 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.
Desperate Trading was a private limited company based in Delhi, India. The company worked in wholesale, within the trading industry. It was incorporated on 19 December 2011 and is registered under CIN U51909DL2011PTC228931. The company has been struck off by the Registrar of Companies and is no longer operational.
Desperate Trading had 2 directors:
- Satish Kumar - Director
- Amit Kumar Omkarnath Rai - Director
The CIN (Corporate Identification Number) of Desperate Trading is U51909DL2011PTC228931. 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 Desperate Trading is at F – 31 FF Madan Park Ashoka Park Metro, Delhi, India – 110026.
Desperate Trading was incorporated on 19 December 2011. It is registered with the Registrar of Companies, Delhi.
Desperate Trading reported revenue of ₹74.39 Lakh for FY 2016 (down 98% YoY).
Desperate Trading has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹11.75 Lakh.
Desperate Trading reported a net loss of ₹4.09 Lakh (net margin -5.5%) and EBITDA of -₹4.07 Lakh (EBITDA margin -5.5%) for FY 2016, as per its filed financial statements.
No. Desperate Trading has 1 GST registration on record and it is cancelled or inactive.