Prime Business Pvt Ltd
About Prime Business Pvt Ltd
Data last updated:
Prime Business Pvt Ltd was a private limited company based in Kochi, Kerala, 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 trade segment of the trading and commerce sector. It was incorporated on 13 October 1993.
The company was registered with the Registrar of Companies (ROC), Ernakulam, under CIN U52599KL1993PTC007422.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Peter George and Pulikkathara Varghese George.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at No.39/4120 Telstar Building M.G. Road Ravipuram, Kochi, Kerala, India – 682016.
As per the financials filed for FY 2017, the company reported a revenue of ₹89,805. For the same year it recorded a net loss of ₹1.21 Lakh (net margin -134.2%) and EBITDA of -₹1.9 Lakh (EBITDA margin -212%).
As per MCA filings, the company had satisfied charges of ₹4 Cr on record.
Company details
Contact details
Prime Business Pvt Ltd's registered office is in Kochi, Kerala. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.39/4120 Telstar Building M.G. Road Ravipuram, Kochi, Kerala, India – 682016
- IndustryTrading, Retailers, Retail Trading
To see the full contact details of Prime Business Pvt Ltd, 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
Financials of Prime Business Pvt Ltd
FY 2019 filings availablePrime Business Pvt Ltd reported revenue of ₹89,805 for FY 2017.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹89,805 | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹1.9 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹1.21 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -212% | ||
| Net Profit Margin | -134.2% | ||
| 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 Prime Business Pvt Ltd, buy the company report.
Board of directors of Prime Business Pvt Ltd
Prime Business has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Peter George | Director | 28 Dec 2006 | 19 Years 10 Months | As last reported |
| Pulikkathara Varghese George Also directs: Pinyi-Apt India Private Limited | Director | 13 Oct 1993 | 33 Years 1 Months | As last reported |
| Jacob Varughese Also directs: Oriental Orthopedica Private Limited | Director | 28 Dec 2006 | 19 Years 10 Months | As last reported |
Auditor
Prime Business Pvt Ltd is audited by KAIMAL & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KAIMAL & CO | FY 2017 | 001746S |
Shareholding
The shareholding of Prime Business Pvt Ltd 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 Prime Business Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Nov 2006 | 10027627 | The Federal Bank Limited | ₹4 Cr | Satisfied |
To see the full charge records of Prime Business Pvt Ltd, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Prime Business 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 Prime Business 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 Prime Business Pvt Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Prime Business Pvt Ltd has 7 board changes on record since 1993: 3 appointments and 4 cessations. The latest: Sunil Koshy Zachariah ceased to be Director on 07 Jan 2010.
1 earlier event is in the company report.
Frequently asked questions
Prime Business 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.
Prime Business was a private limited company based in Kochi, Kerala, India. The company worked in retailers, within the trading industry. It was incorporated on 13 October 1993 and is registered under CIN U52599KL1993PTC007422. The company has been struck off by the Registrar of Companies and is no longer operational.
Prime Business had 3 directors:
- Peter George - Director
- Pulikkathara Varghese George - Director
- Jacob Varughese - Director
The CIN (Corporate Identification Number) of Prime Business is U52599KL1993PTC007422. 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 Prime Business is at No.394120 Telstar Building M.G. Road Ravipuram, Kochi, Kerala, India – 682016.
Prime Business was incorporated on 13 October 1993. It is registered with the Registrar of Companies, Ernakulam.
The latest financial statements of Prime Business on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
Prime Business operated in the trading industry, in the retailers segment. It worked in this industry before it was struck off.
Sunil Koshy Zachariah ceased to be Director on 07 Jan 2010. Jacob Thundil ceased to be Additional Director on 27 Sep 2007. Jacob Varughese ceased to be Additional Director on 27 Sep 2007. Prime Business has 7 board changes on record in total.
Prime Business has no open charges and satisfied charges of ₹4 Cr as per latest MCA filings.
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