About Headmasters Salon Private Limited
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Headmasters Salon Private Limited is a private limited company based in Chandigarh, India. It operates in the beauty salons and wellness spas segment of the health and wellness sector. It was incorporated on 05 November 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U93020CH2002PTC025545. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹2.25 Cr and a paid-up capital of ₹1.62 Cr. It is led by directors Sumit Kumar and Manmohan.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 4th Floor SCO 32 – 33 – 34 Sector 17 C, Chandigarh, India – 160017.
As per the financials filed for FY 2019, the company reported a revenue of ₹7.75 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net loss of ₹1.1 Cr (net margin -14.2%) and EBITDA of -₹87.51 Lakh (EBITDA margin -11.3%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years and 3% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.92 Cr and satisfied charges of ₹1.72 Cr on record. Court records list 29 cases involving the company, including 7 filed by the company and 22 filed against it; 7 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website headmasters.in.
Company details
Contact details
Headmasters Salon Private Limited's registered office is in Chandigarh, Chandigarh. Its website is headmasters.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address4th Floor SCO 32 – 33 – 34 Sector 17 C, Chandigarh, India – 160017
- IndustryHealth and Wellness Services, Beauty Salons & Wellness Spas
To see the full contact details of Headmasters Salon 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 Headmasters Salon is personal and household service. In detail, this covers washing and cleaning of textile and fur products, hair dressing and other beauty treatment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| S | Personal and Household service | S3 | Washing and cleaning of textile and fur products, Hair dressing and other beauty treatment |
To see the full business activity and turnover split of Headmasters Salon Private Limited, buy the company report.
Financials of Headmasters Salon Private Limited
FY 2019 filings availableHeadmasters Salon Private Limited reported revenue of ₹7.75 Cr (up 3% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue rose 3% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 3%. 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹7.75 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹87.51 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.1 Cr | ||||
| 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 | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -11.3% | ||||
| Net Profit Margin | -14.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Headmasters Salon Private Limited, buy the company report.
Board of directors of Headmasters Salon Private Limited
Headmasters Salon has 2 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sumit Kumar | Director | 23 Apr 2022 | 4 Years 6 Months | Current |
| Manmohan | Director | 23 Apr 2022 | 4 Years 6 Months | Current |
Auditor
Headmasters Salon Private Limited is audited by S P BABUTA & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S P BABUTA & ASSOCIATES | FY 2019 | 007657N |
Shareholding
The shareholding of Headmasters Salon Private Limited is on record for 2 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Headmasters Salon Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Apr 2013 | 10421981 | Union Bank of India | ₹10 Lakh | Open | |
| 14 Mar 2013 | 10410351 | Union Bank of India | ₹17 Lakh | Open | |
| 21 Aug 2012 | 10372346 | Union Bank of India | ₹35 Lakh | Open | |
| 04 Nov 2011 | 10315418 | Union Bank of India | ₹1.4 Cr | Open | |
| 31 Mar 2011 | 10280807 | Union Bank of India | ₹20 Lakh | Open |
To see the full charge records of Headmasters Salon Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Headmasters Salon Private Limited has 29 court cases on record: 7 filed by Headmasters Salon, 22 filed against it. 7 cases are pending and 22 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 21 | 18 | 4 |
| High courts | 8 | 4 | 3 |
Cases on record (5 of 29)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chandigarh | Cheque dishonour complaint | Filed by the company against Gillz Group Beauty and Wellness Pvt Ltd and 3 others | Disposed |
| District court, Chandigarh | Execution petition | Filed against the company by Tata Capital Financial Services Ltd | Disposed |
| District court, Patiala, Punjab | Commercial suit | Filed against the company by Tata Capital Financial Services Limited | Disposed |
| High Court | Court case (CARBP) | Filed against the company by Henkel Adhesives Technologies | Pending |
| District court, Chandigarh | Commercial suit | Filed against the company by Employees State Insurance Corporation | Pending |
To see the full case history of Headmasters Salon 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 Headmasters Salon Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Headmasters Salon Private Limited has a workforce of 2 employees on its EPFO records as of Oct 2019, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2019-20 | 2 |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Headmasters Salon Private Limited, buy the company report.
GST
Headmasters Salon has 2 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 Headmasters Salon Private Limited, buy the company report.
Recent activity
Headmasters Salon Private Limited has 16 board changes on record since 2009: 2 appointments and 14 cessations. The latest: Manmohan ceased to be Additional Director on 04 Aug 2022.
18 earlier events are in the company report.
Frequently asked questions
Headmasters Salon is an active private limited company based in Chandigarh, India. The company works in beauty salons and wellness spas, within the health and wellness services industry. It was incorporated on 05 November 2002 (24+ years old) and is registered under CIN U93020CH2002PTC025545.
Headmasters Salon has 2 current directors:
- Sumit Kumar - Director
- Manmohan - Director
The latest financial statements of Headmasters Salon on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Headmasters Salon has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Headmasters Salon is U93020CH2002PTC025545. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Headmasters Salon has 29 court cases on record: 7 filed by the company and 22 filed against it. 7 are pending. Most are in the district courts.
Headmasters Salon was incorporated on 05 November 2002, making it 24+ years old. It is registered with the Registrar of Companies, Chandigarh.
Manmohan ceased to be Additional Director on 04 Aug 2022. Sumit Kumar ceased to be Additional Director on 04 Aug 2022. Ravinder ceased to be Additional Director on 20 May 2022. Headmasters Salon has 16 board changes on record in total.
Headmasters Salon can be reached through the website headmasters.in. Its registered office is in Chandigarh, India.
The registered office of Headmasters Salon is at 4th Floor SCO 32 – 33 – 34 Sector 17 C, Chandigarh, India – 160017.
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