Phoenix Sea Services Private Limited
About Phoenix Sea Services Private Limited
Data last updated:
Phoenix Sea Services Private Limited was a private limited company based in Nagpur, 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 water transportation segment of the transportation sector. It was incorporated on 22 October 2013.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2013PTC249489. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Sagar Shridhar Deshmukh and Nitesh Watkar.
Its last annual general meeting (AGM) was held on 24 August 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Flat No 403 Shiv Gaurav Estate Bhagwaghar Layout Dharmpeth, Nagpur, Maharashtra, India – 440010.
As per the financials filed for FY 2018, the company reported a revenue of ₹38,346, a decline of 89% compared to the previous year. For the same year it recorded a net loss of ₹19,607 (net margin -51.1%) and EBITDA of -₹8,539 (EBITDA margin -22.3%). Revenue has declined at a compounded annual rate (CAGR) of 70% over three years.
Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it.
Company details
Contact details
Phoenix Sea Services Private Limited's registered office is in Nagpur, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressFlat No 403 Shiv Gaurav Estate Bhagwaghar Layout Dharmpeth, Nagpur, Maharashtra, India – 440010
- IndustryTransportation, Water Transportation, Transportation Services
To see the full contact details of Phoenix Sea 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 Phoenix Sea Services is transport and storage. In detail, this covers services incidental to land, water & air transportation.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H5 | Services incidental to land, water & air transportation |
To see the full business activity and turnover split of Phoenix Sea Services Private Limited, buy the company report.
Financials of Phoenix Sea Services Private Limited
FY 2018 filings availablePhoenix Sea Services Private Limited reported revenue of ₹38,346 (down 89% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 70% over three years, including a 89% fall in the latest year. EBITDA rose 99% 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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| EBITDA | -₹8,539 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹19,607 | |||
| Balance Sheet | ||||
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| Reserves and Surplus | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -22.3% | |||
| Net Profit Margin | -51.1% | |||
| 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 Phoenix Sea Services Private Limited, buy the company report.
Board of directors of Phoenix Sea Services Private Limited
Phoenix Sea Services 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 |
|---|---|---|---|---|
| Sagar Shridhar Deshmukh | Director | 08 Mar 2014 | 12 Years 7 Months | As last reported |
| Nitesh Watkar | Director | 15 Feb 2018 | 8 Years 8 Months | As last reported |
Peer comparison
Phoenix Sea Services Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (services incidental to land, water & air transportation), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| All in One Holidays Private Limited | ₹40,265 (FY 2017) | 24.0% | New Delhi, Delhi, India | |||
| Caliber Shipping Private Limited | ₹40,000 (FY 2020) | Mumbai, Maharashtra, India | ||||
| Firstway Cargo Movers Private Limited | ₹40,000 (FY 2025) | -47.0% | Ernakulam, Kerala, India | |||
| Adcessio (OPC) Private Limited | ₹39,006 (FY 2018) | Mumbai, Maharashtra, India | ||||
| S C Mitra & Sons Pvt Ltd | ₹38,443 (FY 2017) | -65.0% | Kolkata, West Bengal, India | |||
| Phoenix Sea Services Private Limitedthis company | ₹38,346 (FY 2018) | -₹19,607 | -51.1% | -89.0% | Nagpur, Maharashtra, India | |
| Eco Banjara Private Limited | ₹38,310 (FY 2025) | -44.0% | Delhi, India | |||
| Acrorbis Holidays Private Limited | ₹38,000 (FY 2018) | Bhopal, Madhya Pradesh, India | ||||
| Asr Beacon Logistics Services Private Limited | ₹38,000 (FY 2025) | -92.0% | Pune, Maharashtra, India | |||
| Hindustan Roadside Assistance Private Limited | ₹37,094 (FY 2025) | -55.0% | Surat, Gujarat, India | |||
| Satyajyot Exim Private Limited | ₹37,020 (FY 2024) | -98.0% | Rajkot, Gujarat, India |
To see the full peer comparison of Phoenix Sea Services Private Limited, buy the company report.
Auditor
Phoenix Sea Services Private Limited is audited by SSRPN & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SSRPN & CO | FY 2017 | 118245W |
Shareholding
The shareholding of Phoenix Sea Services 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 Phoenix Sea Services Private Limited, buy the company report.
Legal cases
Phoenix Sea Services Private Limited has 5 court cases on record: 3 filed by Phoenix Sea Services, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 2 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, DAKSHINA KANNADA, Karnataka | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, DAKSHINA KANNADA, Karnataka | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, Nagpur, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
| District court, Nagpur, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
| District court, Nagpur, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Phoenix Sea 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 Phoenix Sea Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Phoenix Sea 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 Phoenix Sea Services Private Limited, buy the company report.
Recent activity
Phoenix Sea Services Private Limited has 6 board changes on record since 2014: 2 appointments and 4 cessations. The latest: Nitesh Watkar ceased to be Additional Director on 24 Aug 2018.
Frequently asked questions
Phoenix Sea 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.
Phoenix Sea Services was a private limited company based in Nagpur, Maharashtra, India. The company worked in water transportation, within the transportation industry. It was incorporated on 22 October 2013 and is registered under CIN U74120MH2013PTC249489. The company has been struck off by the Registrar of Companies and is no longer operational.
Phoenix Sea Services had 2 directors:
- Sagar Shridhar Deshmukh - Director
- Nitesh Watkar - Director
The CIN (Corporate Identification Number) of Phoenix Sea Services is U74120MH2013PTC249489. 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 Phoenix Sea Services is at Flat No 403 Shiv Gaurav Estate Bhagwaghar Layout Dharmpeth, Nagpur, Maharashtra, India – 440010.
Phoenix Sea Services was incorporated on 22 October 2013. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Phoenix Sea Services on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 24 August 2018. Year-wise statements from 2015 are in the company report.
No. Phoenix Sea Services has 1 GST registration on record and it is cancelled or inactive.
Phoenix Sea Services operated in the transportation industry, in the water transportation segment. It worked in this industry before it was struck off.
The peers of Phoenix Sea Services by revenue are All in One Holidays Private Limited, Caliber Shipping Private Limited, Firstway Cargo Movers Private Limited, Adcessio (OPC) Private Limited, S C Mitra & Sons Pvt Ltd and 5 more, all in the same principal business activity (services incidental to land, water & air transportation).
Phoenix Sea Services has 5 court cases on record: 3 filed by the company and 2 filed against it.