About Livewel Air Team Private Limited
Data last updated:
Livewel Air Team Private Limited was a private limited company based in Mumbai, Maharashtra, 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 aircraft maintenance segment of the transport and logistics sector. It was incorporated on 13 May 2010.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U35122MH2010PTC203175. Its GSTIN is 27AAAFL3356J1Z9 (Maharashtra). The company held 2 GST registrations, all of them active.
The company had an authorised share capital of ₹7.5 Cr and a paid-up capital of ₹7.5 Cr. It was led by directors including Manek Faramroze Daver and Aslam Yaqub Rangwala.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at Narayan Udyog Bhavan Lalbaug Industrial Estate Dr. Ambedkar Road Lalbaug, Mumbai, Maharashtra, India – 400012.
As per the financials filed for FY 2015, the company reported a revenue of ₹281.2 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹11.02 Cr (net margin 3.9%) and EBITDA of ₹24.73 Cr (EBITDA margin 8.8%).
As per MCA filings, the company had satisfied charges of ₹86.5 Cr on record. Court records list 10 cases involving the company, including 10 filed against it; 2 cases are pending.
The last known website on record is livewel.com.
Company details
Contact details
Livewel Air Team Private Limited's registered office is in Mumbai, Maharashtra. Its website is livewel.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressNarayan Udyog Bhavan Lalbaug Industrial Estate Dr. Ambedkar Road Lalbaug, Mumbai, Maharashtra, India – 400012
- IndustryTransport and Logistics, Aircraft Maintenance, Repair & Overhaul
To see the full contact details of Livewel Air Team 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 Livewel Air Team is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Livewel Air Team Private Limited, buy the company report.
Financials of Livewel Air Team Private Limited
FY 2016 filings availableLivewel Air Team Private Limited reported revenue of ₹281.2 Cr (up 13% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue rose 13% in the latest year. EBITDA fell 19% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | ₹281.2 Cr |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹24.73 Cr |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹11.02 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 | |
| Cash and Bank Balance | |
| Total Assets | |
Financial Ratios
| Metrics | FY 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | 8.8% |
| Net Profit Margin | 3.9% |
| 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 Livewel Air Team Private Limited, buy the company report.
Board of directors of Livewel Air Team Private Limited
Livewel Air Team has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aslam Yaqub Rangwala | Additional Director | 09 Oct 2020 | 6 Years 1 Months | As last reported |
| Mahesh Balkrishna Shenoy | Additional Director | 20 Apr 2019 | 7 Years 6 Months | As last reported |
| Manek Faramroze Daver | Director | 13 May 2010 | 16 Years 5 Months | As last reported |
Auditor
Livewel Air Team Private Limited is audited by SANJAY K JHA & ASSOCIATES for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANJAY K JHA & ASSOCIATES | FY 2015 | 137073W |
Shareholding
The shareholding of Livewel Air Team Private Limited is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Livewel Air Team Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Mar 2012 | 10356897 | State Bank of India | ₹61 Cr | Satisfied | |
| 13 May 2010 | 10451290 | State Bank of India | ₹25.5 Cr | Satisfied |
To see the full charge records of Livewel Air Team Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Livewel Air Team Private Limited has 10 court cases on record: 10 filed against it. 2 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 8 | 0 |
| High courts | 2 | 2 | 2 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Appeal | Filed against the company by an individual | Pending |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed against the company by an individual | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SPL.CASE) | Filed against the company by an individual | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMONS FOR JUDGT) | Filed against the company by an individual | Disposed |
To see the full case history of Livewel Air Team 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 Livewel Air Team Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Livewel Air Team has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAAFL3356J1Z9 | Maharashtra | Active | 01 Jul 2017 |
| 27AACCL8424A1ZT | Maharashtra | Active | 07 Sep 2017 |
To see the full GST registrations and return filing status of Livewel Air Team Private Limited, buy the company report.
Recent activity
Livewel Air Team Private Limited has 6 board changes on record since 2010: 3 appointments and 3 cessations. The latest: Aslam Yaqub Rangwala was appointed as Additional Director on 09 Oct 2020.
2 earlier events are in the company report.
Frequently asked questions
Livewel Air Team 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.
Livewel Air Team was a private limited company based in Mumbai, Maharashtra, India. The company worked in aircraft maintenance, within the transport and logistics industry. It was incorporated on 13 May 2010 and is registered under CIN U35122MH2010PTC203175. The company has been struck off by the Registrar of Companies and is no longer operational.
Livewel Air Team had 3 directors:
- Aslam Yaqub Rangwala - Additional Director
- Mahesh Balkrishna Shenoy - Additional Director
- Manek Faramroze Daver - Director
The CIN (Corporate Identification Number) of Livewel Air Team is U35122MH2010PTC203175. 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 Livewel Air Team is at Narayan Udyog Bhavan Lalbaug Industrial Estate Dr. Ambedkar Road Lalbaug, Mumbai, Maharashtra, India – 400012.
Livewel Air Team was incorporated on 13 May 2010. It is registered with the Registrar of Companies, Mumbai.
Livewel Air Team can be reached through the website livewel.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Livewel Air Team on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
The GSTIN of Livewel Air Team is 27AAAFL3356J1Z9, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AACCL8424A1ZT (Maharashtra).
Livewel Air Team operated in the transport and logistics industry, in the aircraft maintenance segment. It worked in this industry before it was struck off.
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