Parallel Trading Private Limited
About Parallel Trading Private Limited
Data last updated:
Parallel Trading Private Limited was a private limited company based in 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 retail trading segment of the trading and commerce sector. It was incorporated on 03 December 2014.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL2014PTC273773.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Sanjay Khanna and Purnima Khanna.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at 2030 C – 2 Vasant Kunj, Delhi, India – 110070.
As per the financials filed for FY 2018, the company reported a revenue of ₹43.16 Lakh, a decline of 79% compared to the previous year. For the same year it recorded a net loss of ₹16,776 (net margin -0.4%) and EBITDA of -₹16,776 (EBITDA margin -0.4%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years.
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- Registered Address2030 C – 2 Vasant Kunj, Delhi, India – 110070
- 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
- One PDF report, delivered after checkout
Business Activity of Parallel Trading Private Limited
The main business activity of Parallel Trading is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Board of Directors of Parallel Trading Private Limited
Parallel Trading has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Khanna Also directs: SPS 3Pl Services Private Limited | Director | 08 Dec 2014 | 11 Years 9 Months | As last reported |
| Purnima Khanna | Director | 08 Dec 2014 | 11 Years 9 Months | As last reported |
Financials of Parallel Trading Private Limited FY 2018 filings available
Parallel Trading Private Limited reported revenue of ₹43.16 Lakh (down 79% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR) of Parallel Trading Private Limited
Revenue fell 79% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA rose 85% 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 of Parallel Trading Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | 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 | -₹16,776 | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹16,776 | •••• | •••• | •••• |
| 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 of Parallel Trading Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -0.4% | •••• | •••• | •••• |
| Net Profit Margin | -0.4% | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Parallel Trading are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Charges & Borrowings of Parallel Trading Private Limited
Parallel Trading Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Parallel Trading Private Limited
Employment history and EPFO contributions of people linked to Parallel Trading.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Parallel Trading Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Parallel Trading Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Parallel Trading Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Parallel Trading Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Parallel Trading Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Parallel Trading Private Limited
Frequently Asked Questions about Parallel Trading Private Limited
Parallel Trading 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.
Parallel Trading was a private limited company based in Delhi, India. The company worked in retail trading, within the trading industry. It was incorporated on 03 December 2014 and is registered under CIN U74999DL2014PTC273773. The company has been struck off by the Registrar of Companies and is no longer operational.
Parallel Trading had 2 directors:
- Sanjay Khanna - Director
- Purnima Khanna - Director
The CIN (Corporate Identification Number) of Parallel Trading is U74999DL2014PTC273773. 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 Parallel Trading is at 2030 C – 2 Vasant Kunj, Delhi, India – 110070.
Parallel Trading was incorporated on 03 December 2014. It is registered with the Registrar of Companies, Delhi.
Parallel Trading reported revenue of ₹43.16 Lakh for FY 2018 (down 79% YoY).
Parallel Trading has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.
Parallel Trading reported a net loss of ₹16,776 (net margin -0.4%) and EBITDA of -₹16,776 (EBITDA margin -0.4%) for FY 2018, as per its filed financial statements.