About Labh Wires Private Limited
Data last updated:
Labh Wires Private Limited was a private limited company based in Sanand, Gujarat, 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 cable and wire segment of the manufacturing sector. It was incorporated on 19 November 2011.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U31300GJ2011PTC067883. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹8 Lakh and a paid-up capital of ₹2.55 Lakh. It was led by directors Vinubhai Somabhai Patel and Harmesh Vinubhai Patel.
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 Plot No. 15 & 20 Shubhlaxmi Industrial Estate Opp. Dhrumil Gas Godown Sanand Viramgam, Road, Gujarat, India – 382110.
As per the financials filed for FY 2017, the company reported a revenue of ₹39.57 Lakh, a decline of 83% compared to the previous year. For the same year it recorded a net profit of ₹1.06 Lakh (net margin 2.7%) and EBITDA of ₹3.48 Lakh (EBITDA margin 8.8%). Revenue has grown at a compounded annual rate (CAGR) of 77% over three years.
As per MCA filings, the company had satisfied charges of ₹42 Lakh on record.
The last known website on record is labhwires.com.
Company details
Contact details
Labh Wires Private Limited's registered office is in Sanand, Gujarat. Its website is labhwires.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. 15 & 20 Shubhlaxmi Industrial Estate Opp. Dhrumil Gas Godown Sanand Viramgam, Road, Gujarat, India – 382110
- IndustryManufacturing, Cable & Wire
To see the full contact details of Labh Wires 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 Labh Wires is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
Financials of Labh Wires Private Limited
FY 2019 filings availableLabh Wires Private Limited reported revenue of ₹39.57 Lakh (down 83% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 83% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 77%. 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹39.57 Lakh | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹3.48 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹1.06 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 | 8.8% | ||
| Net Profit Margin | 2.7% | ||
| 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 Labh Wires Private Limited, buy the company report.
Board of directors of Labh Wires Private Limited
Labh Wires has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinubhai Somabhai Patel | Director | 05 Nov 2015 | 10 Years 11 Months | As last reported |
| Harmesh Vinubhai Patel | Director | 19 Nov 2011 | 14 Years 11 Months | As last reported |
Auditor
Labh Wires Private Limited is audited by ARORA & JOSHI for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ARORA & JOSHI | FY 2017 | 132147W |
Shareholding
The shareholding of Labh Wires 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 Labh Wires Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Oct 2012 | 10385264 | Vijaya Bank | ₹42 Lakh | Satisfied |
To see the full charge records of Labh Wires Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Labh Wires 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 Labh Wires Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Labh Wires 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 Labh Wires Private Limited, buy the company report.
Recent activity
Labh Wires Private Limited has 4 board changes on record since 2011: 2 appointments and 2 cessations. The latest: Chirag Rameshchandra Patel ceased to be Director on 05 Nov 2015.
Frequently asked questions
Labh Wires 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.
Labh Wires was a private limited company based in Sanand, Gujarat, India. The company worked in cable and wire, within the manufacturing industry. It was incorporated on 19 November 2011 and is registered under CIN U31300GJ2011PTC067883. The company has been struck off by the Registrar of Companies and is no longer operational.
Labh Wires had 2 directors:
- Vinubhai Somabhai Patel - Director
- Harmesh Vinubhai Patel - Director
The CIN (Corporate Identification Number) of Labh Wires is U31300GJ2011PTC067883. 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 Labh Wires is at Plot No. 15 & 20 Shubhlaxmi Industrial Estate Opp. Dhrumil Gas Godown Sanand Viramgam, Road, Gujarat, India – 382110.
Labh Wires was incorporated on 19 November 2011. It is registered with the Registrar of Companies, Ahmedabad.
Labh Wires can be reached through the website labhwires.com. Its registered office is in Sanand, Gujarat, India.
The latest financial statements of Labh Wires 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. Labh Wires has 1 GST registration on record and it is cancelled or inactive.
Labh Wires operated in the manufacturing industry, in the cable and wire segment. It worked in this industry before it was struck off.