Rightway Metals Private Limited
About Rightway Metals Private Limited
Data last updated:
Rightway Metals Private Limited was a private limited company based in Delhi, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the waste and scrap segment of the recycling and waste management sector. It was incorporated on 04 June 2003.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U51420DL2003PTC120719.
The company had an authorised share capital of ₹50 Lakh and a paid-up capital of ₹5 Lakh.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at 47 Gulab Vihar Appartment Sector 9 Rohini, Delhi, India – 110085.
As per the financials filed for FY 2016, the company reported a revenue of ₹1.34 Lakh, a decline of 75% compared to the previous year. For the same year it recorded a net loss of ₹1.65 Lakh (net margin -123%) and EBITDA of -₹14,880 (EBITDA margin -11.1%).
Company details
Contact details
Rightway Metals Private Limited's registered office is in Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address47 Gulab Vihar Appartment Sector 9 Rohini, Delhi, India – 110085
- IndustryRecycling & Waste Management, Waste And Scrap, Wholesale, Non-Agricultural Intermediate Products
To see the full contact details of Rightway Metals 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
Financials of Rightway Metals Private Limited
FY 2017 filings availableRightway Metals Private Limited reported revenue of ₹1.34 Lakh (down 75% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 75% 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 | ₹1.34 Lakh | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹14,880 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹1.65 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -11.1% | |
| Net Profit Margin | -123% | |
| 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 Rightway Metals Private Limited, buy the company report.
Board of directors of Rightway Metals Private Limited
Rightway Metals has 5 former directors on record and no current directors listed.
Auditor
Rightway Metals Private Limited is audited by SURENDER KR SINGHAL & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SURENDER KR SINGHAL & CO | FY 2016 | 009156N |
Shareholding
The shareholding of Rightway Metals Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Rightway Metals Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Rightway Metals Private Limited 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 Rightway Metals Private Limited; 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 Rightway Metals Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Rightway Metals Private Limited has 5 board changes on record since 2010: 0 appointments and 5 cessations. The latest: Romesh Sharma ceased to be Director on 15 Jan 2018.
Frequently asked questions
Rightway Metals has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Rightway Metals was a private limited company based in Delhi, India. The company worked in waste and scrap, within the recycling and waste management industry. It was incorporated on 04 June 2003 and is registered under CIN U51420DL2003PTC120719. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Rightway Metals is U51420DL2003PTC120719. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rightway Metals was incorporated on 04 June 2003. It is registered with the Registrar of Companies, Delhi.
The registered office of Rightway Metals is at 47 Gulab Vihar Appartment Sector 9 Rohini, Delhi, India – 110085.
The latest financial statements of Rightway Metals on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
Rightway Metals operated in the recycling and waste management industry, in the waste and scrap segment.
Romesh Sharma ceased to be Director on 15 Jan 2018. Ram Krishan Mahajan ceased to be Additional Director on 15 Sep 2017. Sunny Sharma ceased to be Director on 14 Dec 2016. Rightway Metals has 5 board changes on record in total.
Rightway Metals can be reached at its registered office: 47 Gulab Vihar Appartment Sector 9 Rohini, Delhi, India – 110085.
Rightway Metals is registered under the jurisdiction of the Registrar of Companies (ROC), Delhi.