Foress Worldclass Hospitality Private Limited
About Foress Worldclass Hospitality Private Limited
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Foress Worldclass Hospitality Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the hospitality and resort management segment of the tourism and accommodation sector. It was incorporated on 19 November 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U55100PB2019PTC050268. Its GSTIN is 03AADCF9171H1ZO (Punjab).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mohammad Imran Khan and Soni Kumari.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at B – 20 – 2691 Gurdev Nagar, Ludhiana, Punjab, India – 141001.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.2 Cr, a decline of 20% compared to the previous year. For the same year it recorded a net loss of ₹10.11 Lakh (net margin -8.4%) and EBITDA of -₹4.1 Lakh (EBITDA margin -3.4%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years.
Company details
CIN history
Foress Worldclass Hospitality has one previous CIN (Corporate Identification Number): U15131PB2019PTC050268. The current CIN is U55100PB2019PTC050268, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U55100PB2019PTC050268 | Current |
| U15131PB2019PTC050268 | Previous |
Contact details
Foress Worldclass Hospitality Private Limited's registered office is in Ludhiana, Punjab. Its e-mail address is in the company report.
- Email
- Registered AddressB – 20 – 2691 Gurdev Nagar, Ludhiana, Punjab, India – 141001
- IndustryTourism And Accommodation, Camping Sites & Resorts, Hotels
To see the full contact details of Foress Worldclass Hospitality 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 Foress Worldclass Hospitality is accommodation and food service. In detail, this covers accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food Service | I1 | Accommodation services provided by Hotel, Inns, Resorts, holiday homes, hostel, etc. |
To see the full business activity and turnover split of Foress Worldclass Hospitality Private Limited, buy the company report.
Financials of Foress Worldclass Hospitality Private Limited
FY 2023 filings availableForess Worldclass Hospitality Private Limited reported revenue of ₹1.2 Cr (down 20% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 20% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA fell 475% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹4.1 Lakh | |||
| Profit Before Tax | ||||
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| Net Profit (PAT) | -₹10.11 Lakh | |||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -3.4% | |||
| Net Profit Margin | -8.4% | |||
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To see the full financial statements and ratios of Foress Worldclass Hospitality Private Limited, buy the company report.
Board of directors of Foress Worldclass Hospitality Private Limited
Foress Worldclass Hospitality has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohammad Imran Khan | Director | 19 Nov 2019 | 6 Years 11 Months | Current |
| Soni Kumari Also directs: Pnos Hospitality Private Limited | Director | 04 Dec 2019 | 6 Years 11 Months | Current |
Legal cases
No court or tribunal cases involving Foress Worldclass Hospitality Private 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 Foress Worldclass Hospitality Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Foress Worldclass Hospitality has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AADCF9171H1ZO | Punjab | Active | 04 Dec 2019 |
To see the full GST registrations and return filing status of Foress Worldclass Hospitality Private Limited, buy the company report.
Recent activity
Foress Worldclass Hospitality Private Limited has 5 board changes on record since 2019: 2 appointments and 3 cessations. The latest: Dipinder Singh Sekhon ceased to be Director on 01 Nov 2023.
Frequently asked questions
Foress Worldclass Hospitality is an active private limited company based in Ludhiana, Punjab, India. The company works in camping sites and resorts, within the tourism and accommodation industry. It was incorporated on 19 November 2019 (7+ years old) and is registered under CIN U55100PB2019PTC050268.
Foress Worldclass Hospitality has 2 current directors:
- Mohammad Imran Khan - Director
- Soni Kumari - Director
The latest financial statements of Foress Worldclass Hospitality on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Foress Worldclass Hospitality is 03AADCF9171H1ZO, registered in Punjab.
The CIN (Corporate Identification Number) of Foress Worldclass Hospitality is U55100PB2019PTC050268. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Foress Worldclass Hospitality was incorporated on 19 November 2019, making it 7+ years old. It is registered with the Registrar of Companies, Chandigarh.
Dipinder Singh Sekhon ceased to be Director on 01 Nov 2023. Gurbachan Singh Batra ceased to be Director on 01 Nov 2023. Soni Kumari ceased to be Additional Director on 31 Dec 2020. Foress Worldclass Hospitality has 5 board changes on record in total.
The registered office of Foress Worldclass Hospitality is at B – 20 – 2691 Gurdev Nagar, Ludhiana, Punjab, India – 141001.
Foress Worldclass Hospitality operates in the tourism and accommodation industry, in the camping sites and resorts segment.
Foress Worldclass Hospitality can be reached at its registered office: B – 20 – 2691 Gurdev Nagar, Ludhiana, Punjab, India – 141001.
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