About Ludlow Chemical Solutions Limited
Data last updated:
Ludlow Chemical Solutions Limited was a public limited company based in Kolkata, West Bengal, India, operated as a subsidiary of R.V. Investment And Dealers Ltd. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the diversified financial services segment of the financial services sector. It was incorporated on 05 October 1994.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U51100WB1994PLC065400. Its GSTIN is 19AAACL4288J1Z3 (West Bengal).
The company had an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It was formerly known as Chemical Solutions Services Limited. It was led by directors including Manoj Kumar Verma and Deepti Gupta.
Its last annual general meeting (AGM) was held on 05 August 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Kci Plaza 4th Floor 23C Ashutosh Chowdhury Avenue, Kolkata, West Bengal, India – 700019.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.62 Lakh, a decline of 18% compared to the previous year. For the same year it recorded a net profit of ₹78,529 (net margin 48.6%) and EBITDA of -₹55,339 (EBITDA margin -34.3%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 5% over five years.
Court records list 1 case involving the company, including 1 filed by the company.
The last known website on record is ludlowjute.com.
Company details
Name history
Ludlow Chemical Solutions has undergone 4 name changes throughout its history. The current legal name is Ludlow Chemical Solutions Limited.
| Company Name | Status |
|---|---|
| Ludlow Chemical Solutions Limited | Current |
| Chemical Solutions Services Limited | Previous |
| Ludlow Exports Ltd. | Previous |
| Chemserve International Limited | Previous |
CIN history
Ludlow Chemical Solutions has one previous CIN (Corporate Identification Number): U65191WB1994PLC065400. The current CIN is U51100WB1994PLC065400, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51100WB1994PLC065400 | Current |
| U65191WB1994PLC065400 | Previous |
Contact details
Ludlow Chemical Solutions Limited's registered office is in Kolkata, West Bengal. Its website is ludlowjute.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressKci Plaza 4th Floor 23C Ashutosh Chowdhury Avenue, Kolkata, West Bengal, India – 700019
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Ludlow Chemical Solutions 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 Ludlow Chemical Solutions Limited
FY 2024 filings availableLudlow Chemical Solutions Limited reported revenue of ₹1.62 Lakh (down 18% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 18% fall 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.62 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹55,339 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹78,529 | ||||
| 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -34.3% | ||||
| Net Profit Margin | 48.6% | ||||
| 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 Ludlow Chemical Solutions Limited, buy the company report.
Board of directors of Ludlow Chemical Solutions Limited
Ludlow Chemical Solutions has 4 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manoj Kumar Verma | Director | 10 Jan 2020 | 6 Years 9 Months | As last reported |
| Deepti Gupta Also directs: Intrust Global Eservices Private Limited, G R Estates Private Limited, Shirshty Impex Private Limited and 1 more | Director | 10 Jan 2020 | 6 Years 9 Months | As last reported |
| Rajesh Kumar Gupta Also directs: Seva by Tara Foundation | Director | 22 Sep 2014 | 12 Years 1 Months | As last reported |
| Ashok Kumar Kanoria Also directs: Ballygunge Services Private Limited | Director | 08 Aug 2019 | 7 Years 2 Months | As last reported |
Auditor
Ludlow Chemical Solutions Limited is audited by AMIT VED GARG & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AMIT VED GARG & CO | FY 2019 | 325121E |
Shareholding
The shareholding of Ludlow Chemical Solutions Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Ludlow Chemical Solutions Limited, buy the company report.
Legal cases
Ludlow Chemical Solutions Limited has 1 court case on record: 1 filed by Ludlow Chemical Solutions. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Kolkata | Court case (C.A.(CAA)) | Filed by the company | Disposed |
To see the full case history of Ludlow Chemical Solutions 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 Ludlow Chemical Solutions Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ludlow Chemical Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAACL4288J1Z3 | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ludlow Chemical Solutions Limited, buy the company report.
Recent activity
Ludlow Chemical Solutions Limited has 15 board changes on record since 2006: 4 appointments and 11 cessations. The latest: Ashok Kumar Kanoria ceased to be Additional Director on 30 Jul 2020.
6 earlier events are in the company report.
News
Frequently asked questions
Ludlow Chemical Solutions has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Ludlow Chemical Solutions was a public limited company based in Kolkata, West Bengal, India. The company worked in diversified financial services, within the financial services industry. It was incorporated on 05 October 1994 and is registered under CIN U51100WB1994PLC065400. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Ludlow Chemical Solutions was incorporated on 05 October 1994. It is registered with the Registrar of Companies, Kolkata.
Ludlow Chemical Solutions had 4 directors:
- Manoj Kumar Verma - Director
- Deepti Gupta - Director
- Rajesh Kumar Gupta - Director
- Ashok Kumar Kanoria - Director
The CIN (Corporate Identification Number) of Ludlow Chemical Solutions is U51100WB1994PLC065400. 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 Ludlow Chemical Solutions is at Kci Plaza 4th Floor 23C Ashutosh Chowdhury Avenue, Kolkata, West Bengal, India – 700019.
Ludlow Chemical Solutions can be reached through the website ludlowjute.com. Its registered office is in Kolkata, West Bengal, India.
The latest financial statements of Ludlow Chemical Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 05 August 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Ludlow Chemical Solutions is 19AAACL4288J1Z3, registered in West Bengal.
Ludlow Chemical Solutions operated in the financial services industry, in the diversified financial services segment.
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