Honest Textwisters (Engineers) Private Limited
About Honest Textwisters (Engineers) Private Limited
Data last updated:
Honest Textwisters (Engineers) Private Limited was a private limited company based in Valsad, Gujarat, 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 textile segment of the apparel and fashion sector. It was incorporated on 03 November 1982.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29259GJ1982PTC005646. The company has 1 GST registration on record, which is no longer active.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 ₹5.05 Lakh.
Its last annual general meeting (AGM) was held on 25 May 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at 2 – Honest Compound Mahadev Nagar – Bilimora, Valsad, Gujarat, India – 396321.
As per the financials filed for FY 2017, the company reported a revenue of ₹4.46 Lakh, a decline of 2% compared to the previous year. For the same year it recorded a net loss of ₹12.15 Lakh (net margin -272.3%) and EBITDA of -₹9.97 Lakh (EBITDA margin -223.6%).
As per MCA filings, the company has satisfied charges of ₹48.3 Lakh on record.
Company details
Contact details
Honest Textwisters (Engineers) Private Limited's registered office is in Valsad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address2 – Honest Compound Mahadev Nagar – Bilimora, Valsad, Gujarat, India – 396321
- IndustryAppreal & Fashion, Textile, Apparel, Leather
To see the full contact details of Honest Textwisters (Engineers) 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 Honest Textwisters (Engineers) Private Limited
FY 2017 filings availableHonest Textwisters (Engineers) Private Limited reported revenue of ₹4.46 Lakh (down 2% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 2% in the latest year. EBITDA fell 100% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹4.46 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹9.97 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹12.15 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -223.6% | ||
| Net Profit Margin | -272.3% | ||
| 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 Honest Textwisters (Engineers) Private Limited, buy the company report.
Board of directors of Honest Textwisters (Engineers) Private Limited
Honest Textwisters (Engineers) has 2 former directors on record and no current directors listed.
Auditor
Honest Textwisters (Engineers) Private Limited is audited by THACKERBUTALADESAI for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| THACKERBUTALADESAI | FY 2017 | 110864W |
Shareholding
The shareholding of Honest Textwisters (Engineers) 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 Honest Textwisters (Engineers) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Sep 2009 | 10175073 | Prime Co-Op Bank Ltd | ₹4.5 Lakh | Satisfied | |
| 10 Sep 2007 | 10069284 | Axis Bank Limited | ₹20 Lakh | Satisfied | |
| 16 Dec 1989 | 90112023 | State Bank of Saurashtra | ₹10.77 Lakh | Satisfied | |
| 23 Oct 1989 | 90108599 | State Bank of Saurashtra | ₹8.03 Lakh | Satisfied | |
| 12 May 1989 | 90112000 | State Bank of Saurashtra | ₹5 Lakh | Satisfied |
To see the full charge records of Honest Textwisters (Engineers) Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
No court or tribunal cases involving Honest Textwisters (Engineers) 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 Honest Textwisters (Engineers) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Honest Textwisters (Engineers) 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 Honest Textwisters (Engineers) Private Limited, buy the company report.
Recent activity
Honest Textwisters (Engineers) Private Limited has 2 board changes on record since 2017: 0 appointments and 2 cessations. The latest: Nirupaben Yogeshbhai Mistry ceased to be Director on 17 Aug 2017.
3 earlier events are in the company report.
Frequently asked questions
Honest Textwisters (Engineers) 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.
Honest Textwisters (Engineers) was a private limited company based in Valsad, Gujarat, India. The company worked in textile, within the apparel and fashion industry. It was incorporated on 03 November 1982 and is registered under CIN U29259GJ1982PTC005646. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Honest Textwisters (Engineers) is U29259GJ1982PTC005646. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Honest Textwisters (Engineers) was incorporated on 03 November 1982. It is registered with the Registrar of Companies, Ahmedabad.
The registered office of Honest Textwisters (Engineers) is at 2 – Honest Compound Mahadev Nagar – Bilimora, Valsad, Gujarat, India – 396321.
The latest financial statements of Honest Textwisters (Engineers) on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 25 May 2017. Year-wise statements from 2015 are in the company report.
No. Honest Textwisters (Engineers) has 1 GST registration on record and it is cancelled or inactive.
Honest Textwisters (Engineers) operated in the apparel and fashion industry, in the textile segment.
Nirupaben Yogeshbhai Mistry ceased to be Director on 17 Aug 2017. Yogeshbhai Haribhai Mistry ceased to be Director on 17 Aug 2017.
Honest Textwisters (Engineers) has no open charges and satisfied charges of ₹48.3 Lakh as per latest MCA filings.