Platinum Salons Private Limited
About Platinum Salons Private Limited
Data last updated:
Platinum Salons Private Limited was a private limited company based in Vadodara, Gujarat, 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 textile cleaning segment of the textiles sector. It was incorporated on 03 August 2012.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U93020GJ2012PTC071408. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Hutoxi Khushru Daruwalla and Ravinder Virk.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Vadodara, Gujarat.
As per the financials filed for FY 2017, the company reported a revenue of ₹46.93 Lakh. For the same year it recorded a net loss of ₹2.75 Lakh (net margin -5.9%) and EBITDA of ₹7.29 Lakh (EBITDA margin 15.5%).
As per MCA filings, the company had satisfied charges of ₹24 Lakh on record.
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- Registered Address7 Parshwadarshan Complex 1st Floor Near Shrenik Cross Roads Ako, Ta, Vadodara, Gujarat, India – 390020
- IndustryTextile, Textile Cleaning, Beauty
- 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
Financials of Platinum Salons Private Limited FY 2023 filings available
Platinum Salons Private Limited reported revenue of ₹46.93 Lakh for FY 2017.
Financial Statement Summary of Platinum Salons Private Limited
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | ₹46.93 Lakh | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | ₹7.29 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.75 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 of Platinum Salons Private Limited
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 15.5% | •••• | •••• |
| Net Profit Margin | -5.9% | •••• | •••• |
| 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 Platinum Salons 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.
Auditor Details of Platinum Salons Private Limited
Platinum Salons Private Limited is audited by SANJAY C SHAH & CO for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SANJAY C SHAH & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Platinum Salons Private Limited
Platinum Salons 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 |
|---|---|---|---|---|
| Hutoxi Khushru Daruwalla | Director | 03 Aug 2012 | 14 Years 2 Months | As last reported |
| Ravinder Virk | Director | 29 Oct 2015 | 10 Years 11 Months | As last reported |
Ownership and Shareholding of Platinum Salons Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Platinum Salons Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Sep 2012 | Corporation Bank | ₹24 Lakh | Satisfied |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Platinum Salons Private Limited
Employment history and EPFO contributions of people linked to Platinum Salons.
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.
Recent Activity on Platinum Salons Private Limited
Platinum Salons Private Limited has 4 board changes on record since 2012: 2 appointments and 2 cessations. The latest: Amish Rameshchandra Dalia ceased to be Director on 05 Jun 2024.
Credit Ratings, Litigation & Regulatory Alerts for Platinum Salons 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 Platinum Salons 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 Platinum Salons 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.
GST Compliance of Platinum Salons Private Limited
Platinum Salons has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
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.
MCA Filings & Documents of Platinum Salons 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.
Frequently Asked Questions about Platinum Salons Private Limited
Platinum Salons 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.
Platinum Salons was a private limited company based in Vadodara, Gujarat, India. The company worked in textile cleaning, within the textile industry. It was incorporated on 03 August 2012 and is registered under CIN U93020GJ2012PTC071408. The company has been struck off by the Registrar of Companies and is no longer operational.
Platinum Salons had 2 directors:
- Hutoxi Khushru Daruwalla - Director
- Ravinder Virk - Director
The CIN (Corporate Identification Number) of Platinum Salons is U93020GJ2012PTC071408. 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 Platinum Salons is at 7 Parshwadarshan Complex 1st Floor Near Shrenik Cross Roads Ako, Ta, Vadodara, Gujarat, India – 390020.
Platinum Salons was incorporated on 03 August 2012. It is registered with the Registrar of Companies, Ahmedabad.
Platinum Salons reported revenue of ₹46.93 Lakh for FY 2017.
Platinum Salons has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh.
Platinum Salons reported a net loss of ₹2.75 Lakh (net margin -5.9%) and EBITDA of ₹7.29 Lakh (EBITDA margin 15.5%) for FY 2017, as per its filed financial statements.
No. Platinum Salons has 2 GST registrations on record and all of them are cancelled or inactive.