Gateway Clothing Private Limited
About Gateway Clothing Private Limited
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Gateway Clothing Private Limited was a private limited company based in New Delhi, 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 designer and branded fashion segment of the fashion and textiles sector. It was incorporated on 30 April 2012.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U18101DL2012PTC235020. The company has 3 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9.75 Lakh. It was led by directors including Sunny Singh and Mankar Nayyar.
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 5/48 Wea Karol Bagh, New Delhi, Delhi, India – 110005.
As per the financials filed for FY 2016, the company reported a revenue of ₹12.55 Cr, a growth of 22% compared to the previous year. For the same year it recorded a net profit of ₹1.88 Lakh (net margin 0.1%) and EBITDA of ₹31.48 Lakh (EBITDA margin 2.5%).
Court records list 13 cases involving the company, including 7 filed by the company and 6 filed against it; 1 case is pending.
Company details
Contact details
Gateway Clothing Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address5/48 Wea Karol Bagh, New Delhi, Delhi, India – 110005
- IndustryFashion and Textile, Designer & Branded Fashion
To see the full contact details of Gateway Clothing 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 Gateway Clothing is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Gateway Clothing Private Limited, buy the company report.
Financials of Gateway Clothing Private Limited
FY 2016 filings availableGateway Clothing Private Limited reported revenue of ₹12.55 Cr (up 22% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 22% in the latest year. EBITDA rose 21% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹12.55 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹31.48 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹1.88 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
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 2.5% | |
| Net Profit Margin | 0.1% | |
| 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 Gateway Clothing Private Limited, buy the company report.
Board of directors of Gateway Clothing Private Limited
Gateway Clothing has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunny Singh | Director | 01 Dec 2015 | 10 Years 10 Months | As last reported |
| Mankar Nayyar | Director | 10 Jul 2014 | 12 Years 3 Months | As last reported |
| Kulbeer Singh | Director | 29 Jan 2014 | 12 Years 9 Months | As last reported |
Auditor
Gateway Clothing Private Limited is audited by A S A K & ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A S A K & ASSOCIATES | FY 2016 | 019268N |
Shareholding
The shareholding of Gateway Clothing Private Limited is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Gateway Clothing Private Limited, buy the company report.
Legal cases
Gateway Clothing Private Limited has 13 court cases on record: 7 filed by Gateway Clothing, 6 filed against it. 1 case is pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 6 | 1 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Faridabad, Haryana | Appeal | Filed against the company by an individual | Pending |
| District court, Faridabad, Haryana | Appeal | Filed against the company by Den Craft Enterprises | Disposed |
| District court, Central, Delhi | Commercial suit | Filed against the company by an individual | Disposed |
| District court, Faridabad, Haryana | Cheque dishonour complaint | Filed by the company against an individual | Disposed |
| District court, Faridabad, Haryana | Cheque dishonour complaint | Filed by the company against A.K Enterprises | Disposed |
To see the full case history of Gateway Clothing 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 Gateway Clothing Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Gateway Clothing has 3 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 Gateway Clothing Private Limited, buy the company report.
Recent activity
Gateway Clothing Private Limited has 8 board changes on record since 2012: 3 appointments and 5 cessations. The latest: Taranpal Singh ceased to be Director on 30 Nov 2016.
Frequently asked questions
Gateway Clothing 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.
Gateway Clothing was a private limited company based in New Delhi, Delhi, India. The company worked in designer and branded fashion, within the fashion and textile industry. It was incorporated on 30 April 2012 and is registered under CIN U18101DL2012PTC235020. The company has been struck off by the Registrar of Companies and is no longer operational.
Gateway Clothing had 3 directors:
- Sunny Singh - Director
- Mankar Nayyar - Director
- Kulbeer Singh - Director
The CIN (Corporate Identification Number) of Gateway Clothing is U18101DL2012PTC235020. 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 Gateway Clothing is at 548 Wea Karol Bagh, New Delhi, Delhi, India – 110005.
Gateway Clothing was incorporated on 30 April 2012. It is registered with the Registrar of Companies, Delhi.
The latest financial statements of Gateway Clothing on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. Gateway Clothing has 3 GST registrations on record and all of them are cancelled or inactive.
Gateway Clothing operated in the fashion and textile industry, in the designer and branded fashion segment. It worked in this industry before it was struck off.
Gateway Clothing has 13 court cases on record: 7 filed by the company and 6 filed against it. 1 is pending.
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