Worthwhile Gases Private Limited
About Worthwhile Gases Private Limited
Data last updated:
Worthwhile Gases Private Limited was a private limited company based in New Delhi, Delhi, 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 oil and gas marketing services segment of the energy and power sector. It was incorporated on 29 May 2014.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U40200DL2014PTC267689. The company has 3 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Akshay Jain and Veena Jain.
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 100 F/F Gautam Nagar, New Delhi, Delhi, India – 110049.
As per the financials filed for FY 2016, the company reported a revenue of ₹5.9 Lakh, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹27,228 (net margin 4.6%) and EBITDA of ₹2.55 Lakh (EBITDA margin 43.1%).
Court records list 9 cases involving the company, including 9 filed against it; 1 case is pending.
Company details
Contact details
Worthwhile Gases Private Limited's registered office is in New Delhi, Delhi.
- Registered Address100 F/F Gautam Nagar, New Delhi, Delhi, India – 110049
- IndustryEnergy and Power, Oil & Gas Marketing Services
- 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 Worthwhile Gases is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Worthwhile Gases Private Limited, buy the company report.
Financials of Worthwhile Gases Private Limited
FY 2016 filings availableWorthwhile Gases Private Limited reported revenue of ₹5.9 Lakh (down 6% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 6% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹2.55 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹27,228 | |
| 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 43.1% | |
| Net Profit Margin | 4.6% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
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| 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 Worthwhile Gases Private Limited, buy the company report.
Board of directors of Worthwhile Gases Private Limited
Worthwhile Gases has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akshay Jain | Director | 29 May 2014 | 12 Years 5 Months | As last reported |
| Veena Jain | Director | 18 Dec 2014 | 11 Years 10 Months | As last reported |
| Seema Jain | Additional Director | 01 Jun 2017 | 9 Years 5 Months | As last reported |
Legal cases
Worthwhile Gases Private Limited has 9 court cases on record: 9 filed against it. 1 case is pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 6 | 1 |
| High courts | 3 | 3 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South, Delhi | Civil suit | Filed against the company by Jagran Prakashan Ltd. | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed against the company by Entertainment Network (India) Limited | Disposed |
| District court, Ludhiana, Punjab | Commercial suit | Filed against the company by M/S Omjee Entertainment Private Limited | Disposed |
| High Court | Court case (CR. WJC) | Filed against the company by an individual | Disposed |
| High Court of Jharkhand | Court case (Cr.M.P.) | Filed against the company | Disposed |
To see the full case history of Worthwhile Gases 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 Worthwhile Gases Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Worthwhile Gases has 3 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 Worthwhile Gases Private Limited, buy the company report.
Recent activity
Worthwhile Gases Private Limited has 5 board changes on record since 2014: 3 appointments and 2 cessations. The latest: Seema Jain was appointed as Additional Director on 01 Jun 2017.
Frequently asked questions
Worthwhile Gases 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.
Worthwhile Gases was a private limited company based in New Delhi, Delhi, India. The company worked in oil and gas marketing services, within the energy and power industry. It was incorporated on 29 May 2014 and is registered under CIN U40200DL2014PTC267689. The company has been struck off by the Registrar of Companies and is no longer operational.
Worthwhile Gases had 3 directors:
- Akshay Jain - Director
- Veena Jain - Director
- Seema Jain - Additional Director
The CIN (Corporate Identification Number) of Worthwhile Gases is U40200DL2014PTC267689. 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 Worthwhile Gases is at 100 FF Gautam Nagar, New Delhi, Delhi, India – 110049.
Worthwhile Gases was incorporated on 29 May 2014. It is registered with the Registrar of Companies, Delhi.
The latest financial statements of Worthwhile Gases 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.
No. Worthwhile Gases has 3 GST registrations on record and all of them are cancelled or inactive.
Worthwhile Gases operated in the energy and power industry, in the oil and gas marketing services segment. It worked in this industry before it was struck off.
Worthwhile Gases has 9 court cases on record: 9 filed against it. 1 is pending. Most are in the district courts.
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