Speed Tex Private Limited
About Speed Tex Private Limited
Data last updated:
Speed Tex Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Kedia Shares And Stocks Brokers Limited. 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 brokerage and trading services segment of the financial services sector. It was incorporated on 14 January 1988.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U17120MH1988PTC045876.
The company had an authorised share capital of ₹1.6 Cr and a paid-up capital of ₹1.59 Cr.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at 418/508 Commerce House Nagindas Master Road, Mumbai, Maharashtra, India – 400023.
As per the financials filed for FY 2018, the company reported a revenue of ₹22,334, a decline of 97% compared to the previous year. For the same year it recorded a net loss of ₹6.41 Lakh and EBITDA of -₹5,057 (EBITDA margin -22.6%). Revenue has declined at a compounded annual rate (CAGR) of 93% over three years.
Company details
CIN history
Speed Tex has one previous CIN (Corporate Identification Number): U17120MH2004PTC045876. The current CIN is U17120MH1988PTC045876, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17120MH1988PTC045876 | Current |
| U17120MH2004PTC045876 | Previous |
Contact details
Speed Tex Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address418/508 Commerce House Nagindas Master Road, Mumbai, Maharashtra, India – 400023
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Speed Tex 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 Speed Tex Private Limited
FY 2018 filings availableSpeed Tex Private Limited reported revenue of ₹22,334 (down 97% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 93% over three years, including a 97% fall in the latest year. EBITDA fell 102% 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 |
|---|---|---|---|---|
| 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 | -₹5,057 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹6.41 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -22.6% | |||
| Net Profit Margin | ||||
| 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 Speed Tex Private Limited, buy the company report.
Board of directors of Speed Tex Private Limited
Speed Tex has 4 former directors on record and no current directors listed.
Auditor
Speed Tex Private Limited is audited by KAVERIA & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KAVERIA & ASSOCIATES | FY 2017 | 114822 |
Shareholding
The shareholding of Speed Tex 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 Speed Tex Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Speed Tex 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 Speed Tex 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 Speed Tex Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Speed Tex Private Limited has 4 board changes on record since 2010: 0 appointments and 4 cessations. The latest: Narendra Kedia Bishwamberlal ceased to be Director on 13 Mar 2019.
Frequently asked questions
Speed Tex 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.
Speed Tex was a private limited company based in Mumbai, Maharashtra, India. The company worked in brokerage and trading services, within the financial services industry. It was incorporated on 14 January 1988 and is registered under CIN U17120MH1988PTC045876. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Speed Tex is U17120MH1988PTC045876. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Speed Tex was incorporated on 14 January 1988. It is registered with the Registrar of Companies, Mumbai.
The registered office of Speed Tex is at 418508 Commerce House Nagindas Master Road, Mumbai, Maharashtra, India – 400023.
The latest financial statements of Speed Tex on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
Speed Tex operated in the financial services industry, in the brokerage and trading services segment.
Narendra Kedia Bishwamberlal ceased to be Director on 13 Mar 2019. Surendra Bishwambharlal Kedia ceased to be Director on 13 Mar 2019. Yashraj Narendra Kedia ceased to be Director on 13 Mar 2019. Speed Tex has 4 board changes on record in total.
Speed Tex can be reached at its registered office: 418508 Commerce House Nagindas Master Road, Mumbai, Maharashtra, India – 400023.
Speed Tex is registered under the jurisdiction of the Registrar of Companies (ROC), Mumbai.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
