Flax Industries Limited
About Flax Industries Limited
Data last updated:
Flax Industries Limited was a public limited company based in New Delhi, Delhi, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the home furnishings and accessories retail segment of the home and lifestyle products sector. It was incorporated on 25 August 2014.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U51909DL2014PLC270831.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was led by directors including Gautam Singla and Anmol Singla.
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office was at T – 336/B Gali No 8 Near Ojha Dharmsala Gautampuri, New Delhi, Delhi, India – 110053.
As per the financials filed for FY 2015, the company reported a revenue of ₹91.24 Lakh. For the same year it recorded a net loss of ₹2,944 (net margin 0%) and EBITDA of -₹42,680 (EBITDA margin -0.5%).
Court records list 5 cases involving the company, including 2 filed by the company and 3 filed against it; 1 case is pending.
Company details
Contact details
Flax Industries Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressT – 336/B Gali No 8 Near Ojha Dharmsala Gautampuri, New Delhi, Delhi, India – 110053
- IndustryHome & Lifestyle, Home Furnishings & Accessories Retail
To see the full contact details of Flax Industries 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
Financials of Flax Industries Limited
FY 2015 filings availableFlax Industries Limited reported revenue of ₹91.24 Lakh for FY 2015.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹91.24 Lakh |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | -₹42,680 |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹2,944 |
| 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 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | -0.5% |
| Net Profit Margin | 0% |
| 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 Flax Industries Limited, buy the company report.
Board of directors of Flax Industries Limited
Flax Industries 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 |
|---|---|---|---|---|
| Gautam Singla Also directs: Flax Industries LLP, Aquasafe Technologies Private Limited | Additional Director | 09 Mar 2016 | 10 Years 7 Months | As last reported |
| Anmol Singla Also directs: Flax Industries LLP | Additional Director | 09 Mar 2016 | 10 Years 7 Months | As last reported |
| Manoj Kumar Also directs: Eternal Contractors LLP | Additional Director | 09 Mar 2016 | 10 Years 7 Months | As last reported |
Auditor
Flax Industries Limited is audited by BULBUL SHARMA & CO for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BULBUL SHARMA & CO | FY 2015 | 004739C |
Shareholding
The shareholding of Flax Industries Limited is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Flax Industries Limited, buy the company report.
Legal cases
Flax Industries Limited has 5 court cases on record: 2 filed by Flax Industries, 3 filed against it. 1 case is pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 3 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Farrukhabad, Uttar Pradesh | Court case (Original Suit) | Filed against the company by an individual | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Ahmedabad Municipal Corporation | Disposed |
| District court, GANDHINAGAR, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
| High Court, UTTARPRADESH | Writ petition | Filed by the company against an individual | Disposed |
| District court, Gwalior, Madhya Pradesh | Court case (RCS A) | Filed by the company against an individual | Disposed |
To see the full case history of Flax Industries 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 Flax Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Flax Industries Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Flax Industries Limited has 6 board changes on record since 2016: 3 appointments and 3 cessations. The latest: Akhilesh Pratap ceased to be Director on 10 Mar 2016.
Frequently asked questions
Flax Industries has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Flax Industries was a public limited company based in New Delhi, Delhi, India. The company worked in home furnishings and accessories retail, within the home and lifestyle industry. It was incorporated on 25 August 2014 and is registered under CIN U51909DL2014PLC270831. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Flax Industries is U51909DL2014PLC270831. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Flax Industries had 3 directors:
- Gautam Singla - Additional Director
- Anmol Singla - Additional Director
- Manoj Kumar - Additional Director
Flax Industries was incorporated on 25 August 2014. It is registered with the Registrar of Companies, Delhi.
The registered office of Flax Industries is at T – 336B Gali No 8 Near Ojha Dharmsala Gautampuri, New Delhi, Delhi, India – 110053.
The latest financial statements of Flax Industries on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 30 September 2015. Year-wise statements from 2015 are in the company report.
Flax Industries operated in the home and lifestyle industry, in the home furnishings and accessories retail segment.
Flax Industries has 5 court cases on record: 2 filed by the company and 3 filed against it. 1 is pending. Most are in the district courts.
Akhilesh Pratap ceased to be Director on 10 Mar 2016. Balbir Kumar Singh ceased to be Director on 10 Mar 2016. Vinod Kumar Ojha ceased to be Director on 10 Mar 2016. Flax Industries has 6 board changes on record in total.