Highland Knitspin Private Limited
About Highland Knitspin Private Limited
Data last updated:
Highland Knitspin Private Limited was a private limited company based in Ludhiana, Punjab, 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 textile segment of the apparel and fashion sector. It was incorporated on 21 March 1995.
The company was registered with the Registrar of Companies (ROC), Chandigarh, under CIN U17119PB1995PTC016065. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹20 Lakh and a paid-up capital of ₹14.61 Lakh. It was led by directors including Ashok Kumar Jain (Managing Director) and Shashi Jain (Whole-Time Director).
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 was at 1745 Chowk Bhaga Lalari Purana Bazar, Ludhiana, Punjab, India – 141008.
As per the financials filed for FY 2019, the company reported a revenue of ₹4.06 Lakh, a decline of 64% compared to the previous year. For the same year it recorded a net loss of ₹20,427 (net margin -5%) and EBITDA of -₹20,427 (EBITDA margin -5%). Revenue has declined at a compounded annual rate (CAGR) of 82% over three years.
As per MCA filings, the company had satisfied charges of ₹32 Lakh on record.
Company details
Contact details
Highland Knitspin Private Limited's registered office is in Ludhiana, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1745 Chowk Bhaga Lalari Purana Bazar, Ludhiana, Punjab, India – 141008
- IndustryAppreal & Fashion, Textile
To see the full contact details of Highland Knitspin 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
Financials of Highland Knitspin Private Limited
FY 2019 filings availableHighland Knitspin Private Limited reported revenue of ₹4.06 Lakh (down 64% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 82% over three years, including a 64% fall in the latest year. EBITDA rose 35% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | -₹20,427 | ||||
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| Net Profit (PAT) | -₹20,427 | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA Margin | -5% | ||||
| Net Profit Margin | -5% | ||||
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To see the full financial statements and ratios of Highland Knitspin Private Limited, buy the company report.
Board of directors of Highland Knitspin Private Limited
Highland Knitspin has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shashi Jain | Whole-Time Director | 21 Mar 1995 | 31 Years 7 Months | As last reported |
| Avnish Jain | Whole-Time Director | 21 Mar 1995 | 31 Years 7 Months | As last reported |
| Ashok Kumar Jain | Managing Director | 21 Mar 1995 | 31 Years 7 Months | As last reported |
Auditor
Highland Knitspin Private Limited is audited by GIREESH SHARMA & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GIREESH SHARMA & CO. | FY 2017 | 008258N |
Shareholding
The shareholding of Highland Knitspin Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Highland Knitspin Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Jun 1996 | 90171868 | Oriental Bank of Commerce | ₹12 Lakh | Satisfied | |
| 18 Jan 1996 | 90171857 | Oriental Bank of Commerce | ₹20 Lakh | Satisfied |
To see the full charge records of Highland Knitspin Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Highland Knitspin 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 Highland Knitspin Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Highland Knitspin has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Highland Knitspin Private Limited, buy the company report.
Recent activity
Highland Knitspin Private Limited has 3 board changes on record since 1995: 3 appointments. The latest: Ashok Kumar Jain was appointed as Managing Director on 21 Mar 1995.
Frequently asked questions
Highland Knitspin 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.
Highland Knitspin was a private limited company based in Ludhiana, Punjab, India. The company worked in textile, within the apparel and fashion industry. It was incorporated on 21 March 1995 and is registered under CIN U17119PB1995PTC016065. The company has been struck off by the Registrar of Companies and is no longer operational.
Highland Knitspin had 3 directors:
- Ashok Kumar Jain - Managing Director
- Shashi Jain - Whole-Time Director
- Avnish Jain - Whole-Time Director
The CIN (Corporate Identification Number) of Highland Knitspin is U17119PB1995PTC016065. 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 Highland Knitspin is at 1745 Chowk Bhaga Lalari Purana Bazar, Ludhiana, Punjab, India – 141008.
Highland Knitspin was incorporated on 21 March 1995. It is registered with the Registrar of Companies, Chandigarh.
The latest financial statements of Highland Knitspin 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. Highland Knitspin has 1 GST registration on record and it is cancelled or inactive.
Highland Knitspin operated in the apparel and fashion industry, in the textile segment. It worked in this industry before it was struck off.
Ashok Kumar Jain was appointed as Managing Director on 21 Mar 1995. Avnish Jain was appointed as Whole-Time Director on 21 Mar 1995. Shashi Jain was appointed as Whole-Time Director on 21 Mar 1995.
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