About Livewel Beauty Services Private Limited
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Livewel Beauty Services 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 beauty salons and wellness spas segment of the health and wellness sector. It was incorporated on 02 March 2011.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U93000MH2011PTC214292. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It was led by directors Burzin Manek Daver and Manek Faramroze Daver.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at Silver Pearl (Panchsheel) Water Field Road Bandra (West), Mumbai, Maharashtra, India – 400050.
As per the financials filed for FY 2017, the company reported a revenue of ₹2.61 Cr, a decline of 30% compared to the previous year. For the same year it recorded a net loss of ₹1.64 Cr (net margin -62.9%) and EBITDA of -₹1.13 Cr (EBITDA margin -43.2%). Revenue has declined at a compounded annual rate (CAGR) of 21% over three years.
Court records list 10 cases involving the company, including 1 filed by the company and 9 filed against it.
The last known website on record is livewel.com.
Company details
Contact details
Livewel Beauty Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is livewel.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSilver Pearl (Panchsheel) Water Field Road Bandra (West), Mumbai, Maharashtra, India – 400050
- IndustryHealth and Wellness Services, Beauty Salons & Wellness Spas
To see the full contact details of Livewel Beauty Services 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 Beauty Services 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 Livewel Beauty Services Private Limited, buy the company report.
Financials of Livewel Beauty Services Private Limited
FY 2017 filings availableLivewel Beauty Services Private Limited reported revenue of ₹2.61 Cr (down 30% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 21% over three years, including a 30% fall in the latest year. EBITDA fell 168% 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹2.61 Cr | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹1.13 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹1.64 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -43.2% | ||
| Net Profit Margin | -62.9% | ||
| 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 Beauty Services Private Limited, buy the company report.
Board of directors of Livewel Beauty Services Private Limited
Livewel Beauty Services has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Burzin Manek Daver | Director | 02 Mar 2011 | 15 Years 8 Months | As last reported |
| Manek Faramroze Daver | Director | 02 Mar 2011 | 15 Years 8 Months | As last reported |
Auditor
Livewel Beauty Services Private Limited is audited by MUKESH M CHOKSI & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MUKESH M CHOKSI & CO | FY 2017 | 131513W |
Shareholding
The shareholding of Livewel Beauty Services 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 Livewel Beauty Services Private Limited, buy the company report.
Legal cases
Livewel Beauty Services Private Limited has 10 court cases on record: 1 filed by Livewel Beauty Services, 9 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 6 | 0 |
| High courts | 3 | 3 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by M/S. Prax Aircon Pvt. Ltd. | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Execution petition | Filed against the company by Ms.Prax Aircon Pvt.Ltd. | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (Sum.Civ.Suit) | Filed against the company by Ms.Prax Aircon Pvt.Ltd. | Disposed |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (Exe Appln) | Filed against the company by an individual | Disposed |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (REVISION) | Filed by the company against an individual | Disposed |
To see the full case history of Livewel Beauty Services 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 Beauty Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Livewel Beauty Services 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 Livewel Beauty Services Private Limited, buy the company report.
Recent activity
Livewel Beauty Services Private Limited has 2 board changes on record since 2011: 2 appointments. The latest: Burzin Manek Daver was appointed as Director on 02 Mar 2011.
Frequently asked questions
Livewel Beauty Services 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 Beauty Services was a private limited company based in Mumbai, Maharashtra, India. The company worked in beauty salons and wellness spas, within the health and wellness services industry. It was incorporated on 02 March 2011 and is registered under CIN U93000MH2011PTC214292. The company has been struck off by the Registrar of Companies and is no longer operational.
Livewel Beauty Services had 2 directors:
- Burzin Manek Daver - Director
- Manek Faramroze Daver - Director
The CIN (Corporate Identification Number) of Livewel Beauty Services is U93000MH2011PTC214292. 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 Beauty Services is at Silver Pearl Panchsheel Water Field Road Bandra West, Mumbai, Maharashtra, India – 400050.
Livewel Beauty Services was incorporated on 02 March 2011. It is registered with the Registrar of Companies, Mumbai.
Livewel Beauty Services can be reached through the website livewel.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Livewel Beauty Services on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
No. Livewel Beauty Services has 1 GST registration on record and it is cancelled or inactive.
Livewel Beauty Services operated in the health and wellness services industry, in the beauty salons and wellness spas segment. It worked in this industry before it was struck off.
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