About Spotless Laundry Services Limited
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Spotless Laundry Services Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Lavasa Corporation Limited. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 20 January 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74990MH2009PLC189732. Its GSTIN is 27AAMCS7458K1ZJ (Maharashtra).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹12.69 Lakh. It is led by directors including Akash Devchand Dharamsey and Ambuj Jain.
Its last annual general meeting (AGM) was held on 14 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Hincon House Lal Bahadur Shastri Marg, Mumbai, Maharashtra, India – 400083.
As per the financials filed for FY 2017, the company reported a revenue of ₹4.79 Lakh, a decline of 22% compared to the previous year. For the same year it recorded a net loss of ₹4.89 Cr and EBITDA of -₹13.35 Lakh (EBITDA margin -278.7%).
As per MCA filings, the company has open charges of ₹20 Cr on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website lavasa.com.
Company details
Contact details
Spotless Laundry Services Limited's registered office is in Mumbai, Maharashtra. Its website is lavasa.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Apps
- Registered AddressHincon House Lal Bahadur Shastri Marg, Mumbai, Maharashtra, India – 400083
- IndustryTravel and Hospitality, Consumer Professional Services
To see the full contact details of Spotless Laundry Services 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 Spotless Laundry Services is support service to organizations. In detail, this covers housekeeping & maintenance service.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N5 | Housekeeping & maintenance service |
To see the full business activity and turnover split of Spotless Laundry Services Limited, buy the company report.
Financials of Spotless Laundry Services Limited
FY 2017 filings availableSpotless Laundry Services Limited reported revenue of ₹4.79 Lakh (down 22% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 22% in the latest year. EBITDA rose 16% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹4.79 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹13.35 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹4.89 Cr | ||
| 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 | -278.7% | ||
| 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 Spotless Laundry Services Limited, buy the company report.
Board of directors of Spotless Laundry Services Limited
Spotless Laundry Services has 3 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhijeet Pramod Pawar Also directs: Full Spectrum Adventure Limited, Dasve Retail Limited, Dasve Hospitality Institutes Limited and 1 more | Additional Director | 09 Oct 2017 | 9 Years 1 Months | Current |
| Akash Devchand Dharamsey Also directs: A & A Marketing Alliance LLP, Washiteria Laundromat Services LLP, Klenfab Services LLP and 4 more | Director | 13 Apr 2009 | 17 Years 7 Months | Current |
| Ambuj Jain | Director | 20 Jan 2009 | 17 Years 9 Months | Current |
Auditor
Spotless Laundry Services Limited is audited by G D APTE & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G D APTE & CO | FY 2017 | 100515W |
Shareholding
The shareholding of Spotless Laundry Services 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 Spotless Laundry Services Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Nov 2009 | 10188105 | Others | ₹10 Cr | Open | |
| 15 Oct 2009 | 10183267 | Others | ₹10 Cr | Open |
To see the full charge records of Spotless Laundry Services Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Spotless Laundry Services 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 Spotless Laundry Services Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Spotless Laundry Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAMCS7458K1ZJ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Spotless Laundry Services Limited, buy the company report.
Recent activity
Spotless Laundry Services Limited has 14 board changes on record since 2009: 3 appointments and 11 cessations. The latest: Abhijeet Pramod Pawar ceased to be Additional Director on 26 Mar 2019.
9 earlier events are in the company report.
News
Frequently asked questions
Spotless Laundry Services is an active public limited company based in Mumbai, Maharashtra, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 20 January 2009 (17+ years old) and is registered under CIN U74990MH2009PLC189732.
Spotless Laundry Services has 3 current directors:
- Abhijeet Pramod Pawar - Additional Director
- Akash Devchand Dharamsey - Director
- Ambuj Jain - Director
The latest financial statements of Spotless Laundry Services on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 14 September 2017. Year-wise statements from 2015 are in the company report.
The GSTIN of Spotless Laundry Services is 27AAMCS7458K1ZJ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Spotless Laundry Services is U74990MH2009PLC189732. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spotless Laundry Services was incorporated on 20 January 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
Abhijeet Pramod Pawar ceased to be Additional Director on 26 Mar 2019. Ambuj Jain ceased to be Director on 15 Jun 2018. Abhijeet Pramod Pawar was appointed as Additional Director on 09 Oct 2017. Spotless Laundry Services has 14 board changes on record in total.
Spotless Laundry Services can be reached through the website lavasa.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Spotless Laundry Services is at Hincon House Lal Bahadur Shastri Marg, Mumbai, Maharashtra, India – 400083.
Spotless Laundry Services operates in the travel and hospitality industry, in the consumer professional services segment.
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