Speedways Clearing Agents Private Limited
About Speedways Clearing Agents Private Limited
Data last updated:
Speedways Clearing Agents Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the carrying and forwarding agents (cfa) segment of the transport and logistics sector. It was incorporated on 23 January 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U60200DL1992PTC047318. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Atul Sharma and Nisha Sharma.
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 is at E – 287/Agreater Kailash Part – I, New Delhi, Delhi, India – 110048.
As per the financials filed for FY 2019, the company reported a revenue of ₹7.45 Lakh, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹14.4 Lakh (net margin -193.2%) and EBITDA of -₹88,740 (EBITDA margin -11.9%). Revenue has declined at a compounded annual rate (CAGR) of 75% over three years.
As per MCA filings, the company has open charges of ₹83 Lakh on record. Court records list 4 cases involving the company, including 4 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Speedways Clearing Agents has one previous CIN (Corporate Identification Number): U74899DL1992PTC047318. The current CIN is U60200DL1992PTC047318, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U60200DL1992PTC047318 | Current |
| U74899DL1992PTC047318 | Previous |
Contact details
Speedways Clearing Agents Private Limited's registered office is in New Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered AddressE – 287/Agreater Kailash Part – I, New Delhi, Delhi, India – 110048
- IndustryTransport and Logistics, Carrying & Forwarding Agents (CFA)
To see the full contact details of Speedways Clearing Agents 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
Business activity
The main business activity of Speedways Clearing Agents is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Speedways Clearing Agents Private Limited, buy the company report.
Financials of Speedways Clearing Agents Private Limited
FY 2019 filings availableSpeedways Clearing Agents Private Limited reported revenue of ₹7.45 Lakh (down 99% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 75% over three years, including a 99% fall in the latest year. EBITDA fell 106% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹7.45 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹88,740 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹14.4 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -11.9% | ||||
| Net Profit Margin | -193.2% | ||||
| 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 Speedways Clearing Agents Private Limited, buy the company report.
Board of directors of Speedways Clearing Agents Private Limited
Speedways Clearing Agents has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Atul Sharma Also directs: DGL Shipping (India) Private Limited | Director | 23 Jan 1992 | 34 Years 9 Months | Current |
| Nisha Sharma Also directs: DGL Shipping (India) Private Limited | Director | 01 Apr 1996 | 30 Years 6 Months | Current |
| Vaibhav Sharma Also directs: Cutting Edge Botanical Private Limited | Additional Director | 07 Jun 2016 | 10 Years 4 Months | Current |
Auditor
Speedways Clearing Agents Private Limited is audited by AHMAD SHUKLA JAIN & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AHMAD SHUKLA JAIN & ASSOCIATES | FY 2019 | 005583N |
Shareholding
The shareholding of Speedways Clearing Agents Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Speedways Clearing Agents Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Oct 2010 | 10250641 | Punjab & Sind Bank | ₹40 Lakh | Open | |
| 07 Oct 2006 | 10024895 | Punjab and Sind Bank | ₹40 Lakh | Open | |
| 12 Mar 1997 | 90061109 | Punjab & Sind Bank | ₹3 Lakh | Open |
To see the full charge records of Speedways Clearing Agents Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Speedways Clearing Agents Private Limited has 4 court cases on record: 4 filed by Speedways Clearing Agents. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Criminal case | Filed by the company against an individual | Disposed |
| District court, New Delhi, Delhi | Criminal case | Filed by the company against an individual | Disposed |
| District court, South East, Delhi | Criminal case | Filed by the company against an individual | Disposed |
| District court, New Delhi, Delhi | Criminal case | Filed by the company against MK Logistics India | Disposed |
To see the full case history of Speedways Clearing Agents Private 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 Speedways Clearing Agents Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Speedways Clearing Agents has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Speedways Clearing Agents Private Limited, buy the company report.
Recent activity
Speedways Clearing Agents Private Limited has 3 board changes on record since 1992: 3 appointments. The latest: Vaibhav Sharma was appointed as Additional Director on 07 Jun 2016.
Frequently asked questions
Speedways Clearing Agents is an active private limited company based in New Delhi, Delhi, India. The company works in carrying and forwarding agents (cfa), within the transport and logistics industry. It was incorporated on 23 January 1992 (34+ years old) and is registered under CIN U60200DL1992PTC047318.
Speedways Clearing Agents has 3 current directors:
- Atul Sharma - Director
- Nisha Sharma - Director
- Vaibhav Sharma - Additional Director
The latest financial statements of Speedways Clearing Agents 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.
No. Speedways Clearing Agents has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Speedways Clearing Agents is U60200DL1992PTC047318. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Speedways Clearing Agents has 4 court cases on record: 4 filed by the company.
Speedways Clearing Agents was incorporated on 23 January 1992, making it 34+ years old. It is registered with the Registrar of Companies, Delhi.
Vaibhav Sharma was appointed as Additional Director on 07 Jun 2016. Nisha Sharma was appointed as Director on 01 Apr 1996. Atul Sharma was appointed as Director on 23 Jan 1992.
The registered office of Speedways Clearing Agents is at E – 287Agreater Kailash Part – I, New Delhi, Delhi, India – 110048.
Speedways Clearing Agents operates in the transport and logistics industry, in the carrying and forwarding agents (cfa) segment.