Spirit Wears Private Limited
About Spirit Wears Private Limited
Data last updated:
Spirit Wears Private Limited was a private limited company based in Ludhiana, Punjab, 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 wholesale distribution segment of the trading and commerce sector. It was incorporated on 02 April 2008.
The company was registered with the Registrar of Companies (ROC), Chandigarh, under CIN U18109PB2008PTC031815.
The company had an authorised share capital of ₹35 Lakh and a paid-up capital of ₹5.03 Lakh. It was led by directors Kailash Thapar and Sushma Thapar.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at House No. 1537 Sector 32 – A Chandigarh Road, Ludhiana, Punjab, India – 141010.
As per the financials filed for FY 2017, the company reported a revenue of ₹30,000. For the same year it recorded a net profit of ₹2,809 (net margin 9.4%) and EBITDA of ₹18,739 (EBITDA margin 62.5%).
As per MCA filings, the company had satisfied charges of ₹45 Lakh on record.
Company details
Contact details
Spirit Wears Private Limited's registered office is in Ludhiana, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressHouse No. 1537 Sector 32 – A Chandigarh Road, Ludhiana, Punjab, India – 141010
- IndustryTrading, Other Wholesale, Wholesale
To see the full contact details of Spirit Wears 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 Spirit Wears Private Limited
FY 2021 filings availableSpirit Wears Private Limited reported revenue of ₹30,000 for FY 2017.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹30,000 | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹18,739 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹2,809 | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 62.5% | ||
| Net Profit Margin | 9.4% | ||
| 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 Spirit Wears Private Limited, buy the company report.
Board of directors of Spirit Wears Private Limited
Spirit Wears has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kailash Thapar | Director | 02 Apr 2008 | 18 Years 7 Months | As last reported |
| Sushma Thapar | Director | 02 Apr 2008 | 18 Years 7 Months | As last reported |
Auditor
Spirit Wears Private Limited is audited by RAVINDER K SHARMA AND CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAVINDER K SHARMA AND CO | FY 2017 | 016099N |
Shareholding
The shareholding of Spirit Wears 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 Spirit Wears Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jun 2012 | 10366102 | Corporation Bank | ₹45 Lakh | Satisfied |
To see the full charge records of Spirit Wears Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Spirit Wears 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 Spirit Wears 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 Spirit Wears Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Spirit Wears Private Limited has 2 board changes on record since 2008: 2 appointments. The latest: Kailash Thapar was appointed as Director on 02 Apr 2008.
Frequently asked questions
Spirit Wears 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.
Spirit Wears was a private limited company based in Ludhiana, Punjab, India. The company worked in other wholesale, within the trading industry. It was incorporated on 02 April 2008 and is registered under CIN U18109PB2008PTC031815. The company has been struck off by the Registrar of Companies and is no longer operational.
Spirit Wears had 2 directors:
- Kailash Thapar - Director
- Sushma Thapar - Director
The CIN (Corporate Identification Number) of Spirit Wears is U18109PB2008PTC031815. 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 Spirit Wears is at House No. 1537 Sector 32 – A Chandigarh Road, Ludhiana, Punjab, India – 141010.
Spirit Wears was incorporated on 02 April 2008. It is registered with the Registrar of Companies, Chandigarh.
The latest financial statements of Spirit Wears on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
Spirit Wears operated in the trading industry, in the other wholesale segment. It worked in this industry before it was struck off.
Kailash Thapar was appointed as Director on 02 Apr 2008. Sushma Thapar was appointed as Director on 02 Apr 2008.
Spirit Wears has no open charges and satisfied charges of ₹45 Lakh as per latest MCA filings.
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.
