Parakh Cloth Stores Pvt Ltd.
About Parakh Cloth Stores Pvt Ltd.
Data last updated:
Parakh Cloth Stores Pvt Ltd. was a private limited company based in Nashik, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the retail trading segment of the trading and commerce sector. It was incorporated on 22 July 1988.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U99999MH1988PTC048205.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh.
Its last annual general meeting (AGM) was held on 18 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at S.No. 772A/1/2A/13 Plot No. 12 Near Vijan Hospital College Road, Nashik, Maharashtra, India – 422005.
As per the financials filed for FY 2018, the company reported a revenue of ₹3.52 Lakh, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹2.15 Lakh (net margin 60.9%) and EBITDA of ₹2.92 Lakh (EBITDA margin 82.9%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years.
As per MCA filings, the company has satisfied charges of ₹40 Lakh on record.
Company details
Contact details
Parakh Cloth Stores Pvt Ltd.'s registered office is in Nashik, Maharashtra.
- Registered AddressS.No. 772A/1/2A/13 Plot No. 12 Near Vijan Hospital College Road, Nashik, Maharashtra, India – 422005
- IndustryTrading, Retail Trading, Retailers
- 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 Parakh Cloth Stores Pvt Ltd.
FY 2018 filings availableParakh Cloth Stores Pvt Ltd. reported revenue of ₹3.52 Lakh (down 12% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue fell 12% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA fell 22% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Total Expenses | ||||
| EBITDA | ₹2.92 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹2.15 Lakh | |||
| Balance Sheet | ||||
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| Trade Payables | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | ||||
| EBITDA Margin | 82.9% | |||
| Net Profit Margin | 60.9% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
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To see the full financial statements and ratios of Parakh Cloth Stores Pvt Ltd., buy the company report.
Board of directors of Parakh Cloth Stores Pvt Ltd.
Parakh Cloth Stores has 9 former directors on record and no current directors listed.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Jan 2009 | 10142384 | Bank of Baroda | ₹20 Lakh | Satisfied | |
| 22 Feb 2008 | 10442428 | Bank of Baroda | ₹20 Lakh | Satisfied |
To see the full charge records of Parakh Cloth Stores Pvt Ltd., buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Parakh Cloth Stores Pvt Ltd. are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Parakh Cloth Stores Pvt Ltd.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Parakh Cloth Stores Pvt Ltd.; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Parakh Cloth Stores Pvt Ltd. has 9 board changes on record since 2013: 0 appointments and 9 cessations. The latest: Kamlesh Bhupendra Parakh ceased to be Director on 21 Apr 2019.
4 earlier events are in the company report.
Frequently asked questions
Parakh Cloth Stores has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Parakh Cloth Stores was a private limited company based in Nashik, Maharashtra, India. The company worked in retail trading, within the trading industry. It was incorporated on 22 July 1988 and is registered under CIN U99999MH1988PTC048205. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Parakh Cloth Stores is U99999MH1988PTC048205. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Parakh Cloth Stores was incorporated on 22 July 1988. It is registered with the Registrar of Companies, Mumbai.
The registered office of Parakh Cloth Stores is at S.No. 772A12A13 Plot No. 12 Near Vijan Hospital College Road, Nashik, Maharashtra, India – 422005.
The latest financial statements of Parakh Cloth Stores on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 18 September 2018. Year-wise statements from 2015 are in the company report.
Parakh Cloth Stores operated in the trading industry, in the retail trading segment.
Kamlesh Bhupendra Parakh ceased to be Director on 21 Apr 2019. Naresh Chandrakant Parakh ceased to be Director on 21 Apr 2019. Nikhil Gunwantlal Parakh ceased to be Director on 21 Apr 2019. Parakh Cloth Stores has 9 board changes on record in total.
Parakh Cloth Stores has no open charges and satisfied charges of ₹40 Lakh as per latest MCA filings.
Parakh Cloth Stores can be reached at its registered office: S.No. 772A12A13 Plot No. 12 Near Vijan Hospital College Road, Nashik, Maharashtra, India – 422005.
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