Speedwell Enterprise Private Limited
About Speedwell Enterprise Private Limited
Data last updated:
Speedwell Enterprise Private Limited was a private limited company based in Rajkot, Gujarat, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the legal process outsourcing segment of the business process outsourcing sector. It was incorporated on 21 April 2005.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74140GJ2005PTC045917. Its GSTIN is 24AALCS5236N1ZW (Gujarat).
The company had an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It was formerly known as Speedwell Motors Private Limited and Couture Art and Technique Private Limited. It was led by directors Arvind Chhaganlal Patel and Kinaben Arvindbhai Patel.
Its last annual general meeting (AGM) was held on 31 July 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at Office No. 107 Sanjay Commercial Complex Rajputpara Main Road, Rajkot, Gujarat, India – 360002.
As per the financials filed for FY 2020, the company reported a revenue of ₹2.77 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹88.5 Lakh (net margin 32%) and EBITDA of ₹88.5 Lakh (EBITDA margin 32%). Revenue has declined at a compounded annual rate (CAGR) of 32% over three years and 26% over five years.
As per MCA filings, the company had satisfied charges of ₹18 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
Company details
Name history
Speedwell Enterprise has undergone 2 name changes throughout its history. The company was previously known as Speedwell Motors Private Limited, and Couture Art And Technique Private Limited. The current legal name is Speedwell Enterprise Private Limited.
| Company Name | Status |
|---|---|
| Speedwell Enterprise Private Limited | Current |
| Speedwell Motors Private Limited | Previous |
| Couture Art And Technique Private Limited | Previous |
CIN history
Speedwell Enterprise has one previous CIN (Corporate Identification Number): U18101GJ2005PTC045917. The current CIN is U74140GJ2005PTC045917, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74140GJ2005PTC045917 | Current |
| U18101GJ2005PTC045917 | Previous |
Contact details
Speedwell Enterprise Private Limited's registered office is in Rajkot, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressOffice No. 107 Sanjay Commercial Complex Rajputpara Main Road, Rajkot, Gujarat, India – 360002
- IndustryBusiness Outsourcing, Legal Process Outsourcing, Business & IT Consulting
To see the full contact details of Speedwell Enterprise 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 Speedwell Enterprise is professional, scientific and technical. In detail, this covers management consultancy activities and other professional, scientific and technical activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities | |
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Speedwell Enterprise Private Limited, buy the company report.
Financials of Speedwell Enterprise Private Limited
FY 2020 filings availableSpeedwell Enterprise Private Limited reported revenue of ₹2.77 Cr (up 16% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue rose 16% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 26%. EBITDA rose 43% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA | ₹88.5 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹88.5 Lakh | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 32% | ||||
| Net Profit Margin | 32% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Speedwell Enterprise Private Limited, buy the company report.
Board of directors of Speedwell Enterprise Private Limited
Speedwell Enterprise has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arvind Chhaganlal Patel Also directs: Gujarat Forgings Private Limited, Neorajkot Foundation | Director | 21 Apr 2005 | 21 Years 6 Months | As last reported |
| Kinaben Arvindbhai Patel Also directs: Gujarat Forgings Private Limited | Director | 21 Apr 2005 | 21 Years 6 Months | As last reported |
Peer comparison
Speedwell Enterprise Private Limited is compared with the 3 companies closest to it by revenue in the Outsourcing industry (Consulting Services, Legal Process Outsourcing), with the same principal business activity (management consultancy activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nextwave Communications Private Limited | ₹2.78 Cr (FY 2021) | Noida, Uttar Pradesh, India | ||||
| Revered Sales and Distribution Private Limited | ₹2.77 Cr (FY 2025) | 41.0% | Hyderabad, Telangana, India | |||
| Speedwell Enterprise Private Limitedthis company | ₹2.77 Cr (FY 2020) | ₹88.5 Lakh | 32% | 16.0% | Rajkot, Gujarat, India | |
| Enemtech Capital India Private Limited | ₹2.77 Cr (FY 2025) | -51.0% | Pune, Maharashtra, India |
To see the full peer comparison of Speedwell Enterprise Private Limited, buy the company report.
Auditor
Speedwell Enterprise Private Limited is audited by M J RINDANI & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M J RINDANI & ASSOCIATES | FY 2019 | 108838W |
Shareholding
The shareholding of Speedwell Enterprise 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 Speedwell Enterprise Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Aug 2012 | 10371895 | Hdfc Bank Limited | ₹10 Cr | Satisfied | |
| 12 Jan 2009 | 10171796 | Indusind Bank Ltd. | ₹4 Cr | Satisfied | |
| 24 Dec 2008 | 10171794 | Indusind Bank Ltd. | ₹4 Cr | Satisfied |
To see the full charge records of Speedwell Enterprise Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Speedwell Enterprise Private Limited has 1 court case on record: 1 filed by Speedwell Enterprise. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, RAJKOT, Gujarat | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Speedwell Enterprise 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 Speedwell Enterprise Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Speedwell Enterprise has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AALCS5236N1ZW | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Speedwell Enterprise Private Limited, buy the company report.
Recent activity
Speedwell Enterprise Private Limited has 6 board changes on record since 2005: 2 appointments and 4 cessations. The latest: Dimple Rameshbhai Pipaliya ceased to be Company Secretary on 31 Mar 2021.
3 earlier events are in the company report.
Frequently asked questions
Speedwell Enterprise 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.
Speedwell Enterprise was a private limited company based in Rajkot, Gujarat, India. The company worked in legal process outsourcing, within the business outsourcing industry. It was incorporated on 21 April 2005 and is registered under CIN U74140GJ2005PTC045917. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Speedwell Enterprise was incorporated on 21 April 2005. It is registered with the Registrar of Companies, Ahmedabad.
Speedwell Enterprise had 2 directors:
- Arvind Chhaganlal Patel - Director
- Kinaben Arvindbhai Patel - Director
The CIN (Corporate Identification Number) of Speedwell Enterprise is U74140GJ2005PTC045917. 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 Speedwell Enterprise is at Office No. 107 Sanjay Commercial Complex Rajputpara Main Road, Rajkot, Gujarat, India – 360002.
The latest financial statements of Speedwell Enterprise on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 July 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Speedwell Enterprise is 24AALCS5236N1ZW, registered in Gujarat.
Speedwell Enterprise operated in the business outsourcing industry, in the legal process outsourcing segment.
The peers of Speedwell Enterprise by revenue are Nextwave Communications Private Limited, Revered Sales and Distribution Private Limited, Enemtech Capital India Private Limited, all in the Outsourcing industry (Consulting Services, Legal Process Outsourcing), with the same principal business activity (management consultancy activities).
Speedwell Enterprise has 1 court case on record: 1 filed by the company.
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