About Spinway International Private Limited
Data last updated:
Spinway International Private Limited was a private limited company based in New Delhi, Delhi, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the sports equipment manufacturing segment of the consumer goods sector. It was incorporated on 13 February 2012.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U51909DL2012PTC231412. Its GSTIN is 03AAVCS2773E1Z5 (Punjab). The company held 3 GST registrations, of which 1 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 Ashok Kumar Khadia and Harmeet Singh.
Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at # 163 C Block 4th Floor Gk – 1, New Delhi, Delhi, India – 110048.
As per the financials filed for FY 2018, the company reported a revenue of ₹1.05 Cr, a growth of 86% compared to the previous year. For the same year it recorded a net loss of ₹68.12 Lakh (net margin -65.1%) and EBITDA of -₹61.34 Lakh (EBITDA margin -58.6%).
The company was associated with 1 brand: Spinway Sports. Court records list 1 case involving the company, including 1 filed against it.
The last known website on record is spinwaysports.com.
Company details
Contact details
Spinway International Private Limited's registered office is in New Delhi, Delhi. Its website is spinwaysports.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address# 163 C Block 4th Floor Gk – 1, New Delhi, Delhi, India – 110048
- IndustryConsumer Goods, Sports Equipment Manufacturing
To see the full contact details of Spinway International 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
Brands
Spinway International operates one associated brand: Spinway Sports. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Brand of multi-sports equipment | spinwaysports.com |
Business activity
The main business activity of Spinway International is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Spinway International Private Limited, buy the company report.
Financials of Spinway International Private Limited
FY 2018 filings availableSpinway International Private Limited reported revenue of ₹1.05 Cr (up 86% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 86% in the latest year. EBITDA rose 26% in the latest 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 | ₹1.05 Cr | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹61.34 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹68.12 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 | -58.6% | |||
| Net Profit Margin | -65.1% | |||
| 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 Spinway International Private Limited, buy the company report.
Board of directors of Spinway International Private Limited
Spinway International has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Kumar Khadia | Director | 23 Apr 2021 | 5 Years 6 Months | As last reported |
| Harmeet Singh | Director | 23 Apr 2021 | 5 Years 6 Months | As last reported |
Auditor
Spinway International Private Limited is audited by PAWAN C SHARMA & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PAWAN C SHARMA & ASSOCIATES | FY 2018 | 020749N |
Shareholding
The shareholding of Spinway International Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Spinway International Private Limited, buy the company report.
Legal cases
Spinway International Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South West, Delhi | Civil suit | Filed against the company by State | Disposed |
To see the full case history of Spinway International 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 Spinway International Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Spinway International has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAVCS2773E1Z5 | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Spinway International Private Limited, buy the company report.
Recent activity
Spinway International Private Limited has 7 board changes on record since 2014: 2 appointments and 5 cessations. The latest: Ravneet Kaur ceased to be Director on 26 Apr 2021.
Frequently asked questions
Spinway International has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Spinway International was a private limited company based in New Delhi, Delhi, India. The company worked in sports equipment manufacturing, within the consumer goods industry. It was incorporated on 13 February 2012 and is registered under CIN U51909DL2012PTC231412. The company has been struck off by the Registrar of Companies and is no longer operational.
Spinway International had 2 directors:
- Ashok Kumar Khadia - Director
- Harmeet Singh - Director
The CIN (Corporate Identification Number) of Spinway International is U51909DL2012PTC231412. 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 Spinway International is at # 163 C Block 4th Floor Gk – 1, New Delhi, Delhi, India – 110048.
Spinway International was incorporated on 13 February 2012. It is registered with the Registrar of Companies, Delhi.
Spinway International can be reached through the website spinwaysports.com. Its registered office is in New Delhi, Delhi, India.
The latest financial statements of Spinway International on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 September 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of Spinway International is 03AAVCS2773E1Z5, registered in Punjab. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
Spinway International operated in the consumer goods industry, in the sports equipment manufacturing segment. It worked in this industry before it was struck off.