Norfolk Business Private Limited
About Norfolk Business Private Limited
Data last updated:
Norfolk Business Private Limited was a private limited company based in Ahmedabad, Gujarat, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the wholesale distribution segment of the trading and commerce sector. It was incorporated on 15 March 2014.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U70100GJ2014PTC133735. Its GSTIN is 24AAECN7459H1Z8 (Gujarat). The company held 2 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹12.96 Cr and a paid-up capital of ₹5.03 Cr. It was led by directors including Amit Navnitlal Parikh and Hemang Sukhdevprasad Patel.
Its last annual general meeting (AGM) was held on 26 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at Ahmedabad, Gujarat.
As per the financials filed for FY 2020, the company reported a revenue of ₹18.69 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹33.6 Lakh (net margin 1.8%) and EBITDA of ₹12.06 Lakh (EBITDA margin 0.6%). Revenue has declined at a compounded annual rate (CAGR) of 19% over three years and 37% over five years.
As per MCA filings, the company had satisfied charges of ₹1 Cr on record. Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it.
Company details
CIN history
Norfolk Business has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U70100GJ2014PTC133735, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70100GJ2014PTC133735 | Current |
| U74999MH2014PTC254394 | Previous |
| U70100MH2014PTC254394 | Previous |
Contact details
Norfolk Business Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address is in the company report.
- Email
- Registered Address105 1st Floor Chinubhai Centre Nehru Bridge Corner As, Hram Road, Ahmedabad, Gujarat, India – 380009
- IndustryTrading, Other Wholesale, Wholesale
To see the full contact details of Norfolk Business 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
Financials of Norfolk Business Private Limited
FY 2022 filings availableNorfolk Business Private Limited reported revenue of ₹18.69 Cr (up 2% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue rose 2% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 37%. 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹18.69 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹12.06 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹33.6 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.6% | ||||
| Net Profit Margin | 1.8% | ||||
| 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 Norfolk Business Private Limited, buy the company report.
Board of directors of Norfolk Business Private Limited
Norfolk Business has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Navnitlal Parikh Also directs: Saujanya Maintenance LLP | Director | 16 Mar 2015 | 11 Years 7 Months | As last reported |
| Hemang Sukhdevprasad Patel | Director | 18 Mar 2014 | 12 Years 7 Months | As last reported |
| Kishorkumar Anantray Ghoghari | Director | 22 Dec 2014 | 11 Years 10 Months | As last reported |
Auditor
Norfolk Business Private Limited is audited by SUNIL M JAIN & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUNIL M JAIN & ASSOCIATES | FY 2020 | 110590W |
Shareholding
The shareholding of Norfolk Business Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Norfolk Business Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Feb 2020 | 100334144 | Citi Bank N.A. | ₹1 Cr | Satisfied |
To see the full charge records of Norfolk Business Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Norfolk Business Private Limited has 5 court cases on record: 4 filed by Norfolk Business, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 1 | 0 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Commercial suit | Filed against the company by Saumya Construction Private Limited | Disposed |
| NCLT, Ahmedabad | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| NCLT, Ahmedabad | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| Bombay High Court | Court case (CSD) | Filed by the company | Disposed |
| Bombay High Court | Court case (CSP) | Filed by the company | Disposed |
To see the full case history of Norfolk Business 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 Norfolk Business Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Norfolk Business has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECN7459H1Z8 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Norfolk Business Private Limited, buy the company report.
Recent activity
Norfolk Business Private Limited has 9 board changes on record since 2014: 3 appointments and 6 cessations. The latest: Amit Navnitlal Parikh ceased to be Additional Director on 29 Sep 2015.
2 earlier events are in the company report.
Frequently asked questions
Norfolk Business 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.
Norfolk Business was a private limited company based in Ahmedabad, Gujarat, India. The company worked in other wholesale, within the trading industry. It was incorporated on 15 March 2014 and is registered under CIN U70100GJ2014PTC133735. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Norfolk Business was incorporated on 15 March 2014. It is registered with the Registrar of Companies, Ahmedabad.
Norfolk Business had 3 directors:
- Amit Navnitlal Parikh - Director
- Hemang Sukhdevprasad Patel - Director
- Kishorkumar Anantray Ghoghari - Director
The CIN (Corporate Identification Number) of Norfolk Business is U70100GJ2014PTC133735. 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 Norfolk Business is at 105 1st Floor Chinubhai Centre Nehru Bridge Corner As, Hram Road, Ahmedabad, Gujarat, India – 380009.
The latest financial statements of Norfolk Business on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 26 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Norfolk Business is 24AAECN7459H1Z8, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
Norfolk Business operated in the trading industry, in the other wholesale segment.
Norfolk Business has 5 court cases on record: 4 filed by the company and 1 filed against it. Most are in the high courts.