Oneworld Creations Private Limited
About Oneworld Creations Private Limited
Data last updated:
Oneworld Creations Private Limited is a private limited company based in Mumbai, Maharashtra, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the fashion retail segment of the fashion and textiles sector. It was incorporated on 27 April 2012.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2012PTC230339. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹7.5 Cr and a paid-up capital of ₹7.17 Cr. It is led by directors Urvil Jani and Manoj Uttam Khushalani.
Its last annual general meeting (AGM) was held on 29 August 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at 2nd Floor Todi Estate Above Post Office Sun Mill Compound Lower Parel, Mumbai, Maharashtra, India – 400013.
As per the financials filed for FY 2017, the company reported a revenue of ₹508.88 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹5.53 Cr (net margin 1.1%) and EBITDA of ₹18.05 Cr (EBITDA margin 3.5%).
As per MCA filings, the company has open charges of ₹87.11 Cr and satisfied charges of ₹52.52 Cr on record. Court records list 8 cases involving the company, including 1 filed by the company and 7 filed against it; 5 cases are pending. The company has 3 deals on record (3 funding rounds), with disclosed funding of ₹15.08 Cr; the latest was in January 2018.
Company details
Contact details
Oneworld Creations Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address2nd Floor Todi Estate Above Post Office Sun Mill Compound Lower Parel, Mumbai, Maharashtra, India – 400013
- IndustryFashion and Textile, Fashion Retail
To see the full contact details of Oneworld Creations 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 Oneworld Creations 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 Oneworld Creations Private Limited, buy the company report.
Financials of Oneworld Creations Private Limited
FY 2017 filings availableOneworld Creations Private Limited reported revenue of ₹508.88 Cr (up 13% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 13% in the latest year. EBITDA rose 35% in the latest 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 | ₹508.88 Cr | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹18.05 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹5.53 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 | 3.5% | ||
| Net Profit Margin | 1.1% | ||
| 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 Oneworld Creations Private Limited, buy the company report.
Board of directors of Oneworld Creations Private Limited
Oneworld Creations has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Urvil Jani Also directs: Zephyr Fabric Trading LLP, Worsted Overseas Trading LLP, Worldstar Fabrics LLP and 4 more | Director | 27 Apr 2012 | 14 Years 6 Months | As last reported |
| Manoj Uttam Khushalani Also directs: Zephyr Fabric Trading LLP, Worsted Overseas Trading LLP, Worldstar Fabrics LLP and 4 more | Director | 27 Apr 2012 | 14 Years 6 Months | As last reported |
Shareholding
The shareholding of Oneworld Creations Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Oneworld Creations Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Jan 2018 | 100155237 | Others | ₹9.11 Cr | Open | |
| 07 Mar 2017 | 100093691 | Others | ₹23 Cr | Open | |
| 28 Jun 2016 | 100038415 | Others | ₹20 Cr | Open | |
| 18 Nov 2014 | 10548445 | Uco Bank | ₹35 Cr | Open | |
| 07 Oct 2016 | 100060160 | Others | ₹5 Cr | Satisfied |
To see the full charge records of Oneworld Creations Private Limited, buy the company report.
Total charge records: 12 View all charges
Deals & funding
Oneworld Creations Private Limited has 3 deals on record (3 funding rounds), with disclosed funding of ₹15.08 Cr; the latest was in January 2018.
Deals on record (2 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2018 | Funding round | ₹2.04 Cr | Investors: 2 individuals |
| Oct 2015 | Funding round | ₹3 Cr | Investors: 2 individuals |
To see the full deal history of Oneworld Creations Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Oneworld Creations Private Limited has 8 court cases on record: 1 filed by Oneworld Creations, 7 filed against it. 5 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 7 | 5 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (SPL.CASE) | Filed against the company by an individual | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Police cases PW) | Filed against the company by an individual | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss cases SW) | Filed against the company by an individual | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss case SS) | Filed against the company by H.D.F.C. Co. Ltd. | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss case SS) | Filed against the company by Housing Development Finance | Pending |
To see the full case history of Oneworld Creations 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.
Credit ratings & regulatory alerts
Oneworld Creations Private Limited was last rated by Crisil on 24 Nov 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 24 Nov 2020 |
To see the full credit ratings and regulatory alerts of Oneworld Creations Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Oneworld Creations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Oneworld Creations 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 Oneworld Creations Private Limited, buy the company report.
Recent activity
Oneworld Creations Private Limited has 4 board changes on record since 2012: 2 appointments and 2 cessations. The latest: Sanjay Rameshchandra Vyas ceased to be Additional Director on 28 Jun 2018.
19 earlier events are in the company report.
Frequently asked questions
Oneworld Creations is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Oneworld Creations is a company under liquidation, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in fashion retail, within the fashion and textile industry. It was incorporated on 27 April 2012 and is registered under CIN U74999MH2012PTC230339. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Oneworld Creations has 2 current directors:
- Urvil Jani - Director
- Manoj Uttam Khushalani - Director
The latest financial statements of Oneworld Creations on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 August 2017. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Oneworld Creations is U74999MH2012PTC230339. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Oneworld Creations has open charges of ₹87.11 Cr and satisfied charges of ₹52.52 Cr as per latest MCA filings.
Oneworld Creations has 8 court cases on record: 1 filed by the company and 7 filed against it. 5 are pending.
Oneworld Creations was incorporated on 27 April 2012. It is registered with the Registrar of Companies, Mumbai.
Oneworld Creations has 3 deals on record (3 funding rounds), with disclosed funding of ₹15.08 Cr; the latest was in January 2018.
Sanjay Rameshchandra Vyas ceased to be Additional Director on 28 Jun 2018. Jiten Uttam Khushalani ceased to be Director on 17 Oct 2014. Manoj Uttam Khushalani was appointed as Director on 27 Apr 2012. Oneworld Creations has 4 board changes on record in total.
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