About Quick Flight Limited.
Data last updated:
Quick Flight Limited. was a public limited company based in Vadodara, Gujarat, India, operated as a subsidiary of Shreno Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the air charter and private aviation segment of the transport and logistics sector. It was incorporated on 13 August 2007.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U21098GJ2007PLC074270. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹50 Lakh and a paid-up capital of ₹10 Lakh. It was led by directors including Nitin Vishnu Bhave and Pranav Chirayu Amin.
Its last annual general meeting (AGM) was held on 09 August 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at 5th Floor Administration Building Alembic Road Gorwa, Vadodara, Gujarat, India – 390003.
As per the financials filed for FY 2016, the company reported a revenue of ₹20.48 Lakh, a decline of 95% compared to the previous year. For the same year it recorded a net loss of ₹39,735 (net margin -1.9%) and EBITDA of -₹1.26 Lakh (EBITDA margin -6.2%).
As per MCA filings, the company had satisfied charges of ₹18 Cr on record. Court records list 5 cases involving the company, including 5 filed by the company.
The last known website on record is quickflight.co.in.
Company details
CIN history
Quick Flight Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U21098GJ2007PLC074270, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U21098GJ2007PLC074270 | Current |
| U62100DL2007PLC166960 | Previous |
| U21098DL2007PLC166960 | Previous |
Contact details
Quick Flight Limited.'s registered office is in Vadodara, Gujarat. Its website is quickflight.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address5th Floor Administration Building Alembic Road Gorwa, Vadodara, Gujarat, India – 390003
- IndustryTransport and Logistics, Air Charter & Private Aviation
To see the full contact details of Quick Flight 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 Quick Flight Limited is information and communication. In detail, this covers publishing of newspapers, books, periodicals, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J1 | Publishing of Newspapers, Books, periodicals, etc. activities |
To see the full business activity and turnover split of Quick Flight Limited., buy the company report.
Financials of Quick Flight Limited.
FY 2016 filings availableQuick Flight Limited. reported revenue of ₹20.48 Lakh (down 95% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 95% in the latest year. EBITDA fell 101% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | 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 | -₹1.26 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹39,735 | |
| 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -6.2% | |
| Net Profit Margin | -1.9% | |
| 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 | ||
To see the full financial statements and ratios of Quick Flight Limited., buy the company report.
Board of directors of Quick Flight Limited.
Quick Flight Limited has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitin Vishnu Bhave Also directs: Rigveda Webware Private Limited | Director | 27 Sep 2012 | 14 Years 1 Months | As last reported |
| Pranav Chirayu Amin Also directs: Alembic Pharmaceuticals Limited, Viramya Packlight LLP, Elecon Engineering Company Limited and 5 more | Director | 13 Aug 2007 | 19 Years 2 Months | As last reported |
| Chirayu Ramanbhai Amin | Director | 13 Aug 2007 | 19 Years 2 Months | As last reported |
Auditor
Quick Flight Limited. is audited by Jamdar Chandratre & Associates for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Jamdar Chandratre & Associates | FY 2015 | 116393W |
Shareholding
The shareholding of Quick Flight Limited. is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Quick Flight Limited., buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Aug 2008 | 10119429 | Bank of Baroda | ₹18 Cr | Satisfied |
To see the full charge records of Quick Flight Limited., buy the company report.
Total charge records: 1 View all charges
Legal cases
Quick Flight Limited. has 5 court cases on record: 5 filed by Quick Flight Limited. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 0 | 0 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Commercial suit | Filed by the company | Disposed |
| High Court, GUJARAT | Commercial suit | Filed by the company against an individual | Disposed |
| High Court, GUJARAT | Court case (COMP) | Filed by the company | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against Union of India and 3 others | Disposed |
To see the full case history of Quick Flight 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 Quick Flight Limited.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Quick Flight Limited 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.
To see the full GST registrations and return filing status of Quick Flight Limited., buy the company report.
Recent activity
Quick Flight Limited. has 5 board changes on record since 2007: 3 appointments and 2 cessations. The latest: Nitin Vishnu Bhave was appointed as Director on 27 Sep 2012.
Frequently asked questions
Quick Flight Limited has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Quick Flight Limited was a public limited company based in Vadodara, Gujarat, India. The company worked in air charter and private aviation, within the transport and logistics industry. It was incorporated on 13 August 2007 and is registered under CIN U21098GJ2007PLC074270. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Quick Flight Limited was incorporated on 13 August 2007. It is registered with the Registrar of Companies, Ahmedabad.
Quick Flight Limited had 3 directors:
- Nitin Vishnu Bhave - Director
- Pranav Chirayu Amin - Director
- Chirayu Ramanbhai Amin - Director
The CIN (Corporate Identification Number) of Quick Flight Limited is U21098GJ2007PLC074270. 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 Quick Flight Limited is at 5th Floor Administration Building Alembic Road Gorwa, Vadodara, Gujarat, India – 390003.
Quick Flight Limited can be reached through the website quickflight.co.in. Its registered office is in Vadodara, Gujarat, India.
The latest financial statements of Quick Flight Limited on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 09 August 2016. Year-wise statements from 2015 are in the company report.
No. Quick Flight Limited has 2 GST registrations on record and all of them are cancelled or inactive.
Quick Flight Limited operated in the transport and logistics industry, in the air charter and private aviation segment.
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