Sterling Motors Private Limited
About Sterling Motors Private Limited
Data last updated:
Sterling Motors 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 wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 15 June 1981.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1981PTC011871.
The company had an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It was led by directors including Manmeet Singh Sahni (Managing Director) and Parveen Kaur Sahni.
Its last annual general meeting (AGM) was held on 28 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at 43 Pusa Road Rear Side 8A Block Karol Bagh, New Delhi, Delhi, India – 110005.
Court records list 2 cases involving the company, including 2 filed by the company.
Company details
Contact details
Sterling Motors Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address43 Pusa Road Rear Side 8A Block Karol Bagh, New Delhi, Delhi, India – 110005
- IndustryTrading, Wholesale, Other Wholesale
To see the full contact details of Sterling Motors 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 Sterling Motors 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 |
Financials of Sterling Motors Private Limited
FY 2017 filings availableSterling Motors Private Limited reported revenue of ₹8,696 (down 95% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 95% 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 | ₹8,696 | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | |||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | |||
| 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 | |||
| 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 Sterling Motors Private Limited, buy the company report.
Board of directors of Sterling Motors Private Limited
Sterling Motors has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parveen Kaur Sahni Also directs: Prestolite of India Limited | Director | 16 Mar 1998 | 28 Years 7 Months | As last reported |
| Gurcharan Kaur Sahni Also directs: Prestolite of India Limited | Director | 25 Aug 2014 | 12 Years 2 Months | As last reported |
| Manmeet Singh Sahni Also directs: Prestolite of India Limited, Razika Finlease Private Limited | Managing Director | 15 Jun 1981 | 45 Years 4 Months | As last reported |
Peer comparison
Sterling Motors Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Thakur Global Trade Private Limited | ₹8,755 (FY 2024) | 17.0% | Mumbai, Maharashtra, India | |||
| Hearty Distributors Private Limited | ₹8,750 (FY 2017) | -11.0% | Kolkata, West Bengal, India | |||
| Srku Nextgen Sales Private Limited | ₹8,722 (FY 2021) | Lucknow, Uttar Pradesh, India | ||||
| Crown Plant & Machineries Traders Private Limited | ₹8,700 (FY 2020) | -23.0% | Patna, Bihar, India | |||
| Arctic Innovage Private Limited | ₹8,700 (FY 2023) | Faridabad, Haryana, India | ||||
| Sterling Motors Private Limitedthis company | ₹8,696 (FY 2017) | -95.0% | New Delhi, Delhi, India | |||
| Ad Powers Private Limited | ₹8,680 (FY 2024) | Ranchi, Jharkhand, India | ||||
| Teddy Guppies Private Limited | ₹8,680 (FY 2024) | 3.0% | Jodhpur, Rajasthan, India | |||
| Aegis Ergonomic Solutions Private Limited | ₹8,669 (FY 2021) | Cuttack, Odisha, India | ||||
| Add Metals Private Limited | ₹8,668 (FY 2023) | 7.0% | Bilaspur, Chhattisgarh, India | |||
| Folkpride Lifestyles Private Limited | ₹8,666 (FY 2025) | 6.0% | New Delhi, Delhi, India |
To see the full peer comparison of Sterling Motors Private Limited, buy the company report.
Auditor
Sterling Motors Private Limited is audited by GOEL MINTRI & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GOEL MINTRI & ASSOCIATES | FY 2017 | 013211N |
Shareholding
The shareholding of Sterling Motors 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 Sterling Motors Private Limited, buy the company report.
Legal cases
Sterling Motors Private Limited has 2 court cases on record: 2 filed by Sterling Motors. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed by the company against State of Maharashtra | Disposed |
| District court, Nashik, Maharashtra | Criminal miscellaneous application | Filed by the company against an individual | Disposed |
To see the full case history of Sterling Motors 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 Sterling Motors 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 Sterling Motors Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Sterling Motors Private Limited has 5 board changes on record since 1981: 3 appointments and 2 cessations. The latest: Gurcharan Kaur Sahni ceased to be Additional Director on 30 Sep 2014.
Frequently asked questions
Sterling Motors 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.
Sterling Motors was a private limited company based in New Delhi, Delhi, India. The company worked in wholesale, within the trading industry. It was incorporated on 15 June 1981 and is registered under CIN U74899DL1981PTC011871. The company has been struck off by the Registrar of Companies and is no longer operational.
Sterling Motors had 3 directors:
- Manmeet Singh Sahni - Managing Director
- Parveen Kaur Sahni - Director
- Gurcharan Kaur Sahni - Director
The CIN (Corporate Identification Number) of Sterling Motors is U74899DL1981PTC011871. 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 Sterling Motors is at 43 Pusa Road Rear Side 8A Block Karol Bagh, New Delhi, Delhi, India – 110005.
Sterling Motors was incorporated on 15 June 1981. It is registered with the Registrar of Companies, Delhi.
The latest financial statements of Sterling Motors on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 28 September 2017. Year-wise statements from 2015 are in the company report.
Sterling Motors operated in the trading industry, in the wholesale segment. It worked in this industry before it was struck off.
The peers of Sterling Motors by revenue are Thakur Global Trade Private Limited, Hearty Distributors Private Limited, Srku Nextgen Sales Private Limited, Crown Plant & Machineries Traders Private Limited, Arctic Innovage Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Sterling Motors has 2 court cases on record: 2 filed by the company. Most are in the district courts.
Gurcharan Kaur Sahni ceased to be Additional Director on 30 Sep 2014. Gurcharan Kaur Sahni was appointed as Director on 25 Aug 2014. Surjit Singh Sahni ceased to be Director on 27 Dec 2010. Sterling Motors has 5 board changes on record in total.
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