Horizon Machinery Private Limited
About Horizon Machinery Private Limited
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Horizon Machinery Private Limited is a private limited company based in Guwahati, Assam, India. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 14 February 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Guwahati, under CIN U50300AS2014PTC011786. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹31 Lakh. It is led by directors including Ashok Agarwal and Lalita Agarwal.
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 Saraswati Vihar Sundarpur R. G. B. Road, Guwahati, Assam, India – 781005.
As per the financials filed for FY 2019, the company reported a revenue of ₹11.15 Lakh, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹10.81 Lakh (net margin -96.9%) and EBITDA of -₹7.06 Lakh (EBITDA margin -63.4%). Revenue has declined at a compounded annual rate (CAGR) of 86% over three years.
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹4.5 Cr on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Horizon Machinery Private Limited's registered office is in Guwahati, Assam. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSaraswati Vihar Sundarpur R. G. B. Road, Guwahati, Assam, India – 781005
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
To see the full contact details of Horizon Machinery 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 Horizon Machinery is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Horizon Machinery Private Limited, buy the company report.
Financials of Horizon Machinery Private Limited
FY 2019 filings availableHorizon Machinery Private Limited reported revenue of ₹11.15 Lakh (down 99% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 86% over three years, including a 99% fall in the latest year. EBITDA rose 48% 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 | -₹7.06 Lakh | ||||
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| Net Profit (PAT) | -₹10.81 Lakh | ||||
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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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| Profitability | |||||
| EBITDA Margin | -63.4% | ||||
| Net Profit Margin | -96.9% | ||||
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To see the full financial statements and ratios of Horizon Machinery Private Limited, buy the company report.
Board of directors of Horizon Machinery Private Limited
Horizon Machinery has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Agarwal Also directs: Horizon Entrade Private Limited | Director | 14 Feb 2014 | 12 Years 8 Months | Current |
| Lalita Agarwal Also directs: Horizon Entrade Private Limited | Director | 14 Feb 2014 | 12 Years 8 Months | Current |
| Hemant Agarwal Also directs: Horizon Entrade Private Limited | Director | 22 Jun 2016 | 10 Years 4 Months | Current |
Auditor
Horizon Machinery Private Limited is audited by NAVIN SHANTI AND ASSOCIATES for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NAVIN SHANTI AND ASSOCIATES | FY 2015 | 325395E |
Shareholding
The shareholding of Horizon Machinery Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Horizon Machinery Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Jun 2016 | 100040563 | State Bank of India | ₹4.5 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Horizon Machinery 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 Horizon Machinery Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Horizon Machinery Private Limited has a workforce of 6 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
Horizon Machinery 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 Horizon Machinery Private Limited, buy the company report.
Recent activity
Horizon Machinery Private Limited has 3 board changes on record since 2014: 3 appointments. The latest: Hemant Agarwal was appointed as Director on 22 Jun 2016.
Frequently asked questions
Horizon Machinery is an active private limited company based in Guwahati, Assam, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 14 February 2014 (12+ years old) and is registered under CIN U50300AS2014PTC011786.
Horizon Machinery has 3 current directors:
- Ashok Agarwal - Director
- Lalita Agarwal - Director
- Hemant Agarwal - Director
The latest financial statements of Horizon Machinery 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. Horizon Machinery has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Horizon Machinery is U50300AS2014PTC011786. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Horizon Machinery was incorporated on 14 February 2014, making it 12+ years old. It is registered with the Registrar of Companies, Guwahati.
Hemant Agarwal was appointed as Director on 22 Jun 2016. Ashok Agarwal was appointed as Director on 14 Feb 2014. Lalita Agarwal was appointed as Director on 14 Feb 2014.
The registered office of Horizon Machinery is at Saraswati Vihar Sundarpur R. G. B. Road, Guwahati, Assam, India – 781005.
Horizon Machinery operates in the machinery and equipment industry, in the industrial machinery retail and distribution segment.
Horizon Machinery has open charges of ₹4.5 Cr and no satisfied charges on record as per latest MCA filings.
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