Success Spinning Private Limited

Success Spinning Private Limited - manufacturing in Aluva, Kerala, India. FY 2026 financials & compliance.
CIN U17119KL2003PTC016301 Incorporated 14 July 2003 ROC Ernakulam HQ Aluva, Kerala, India
Active Private Limited Company manufacturing MSME · Micro
Data last updated
Revenue · FY 2024
₹58.06 Lakh
▼ 7% YoY
Net loss · FY 2024
₹6.9 Lakh
Net margin -11.9%
EBITDA · FY 2024
-₹1.96 Lakh
EBITDA margin -3.4%
Authorised capital
₹1.25 Cr
Registered with MCA
Paid-up capital
₹11.5 Lakh
Issued & subscribed
Open charges
₹3.64 Cr
Satisfied ₹1 Cr
Company age
23 yrs
Est. 2003
Employees · EPFO
8
Provident fund records

About Success Spinning Private Limited

Data last updated:

Success Spinning Private Limited is a private limited company based in Aluva, Kerala, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 14 July 2003 and has been in existence for over 23 years.

The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U17119KL2003PTC016301. Its GSTIN is 32AAJCS5752R1ZO (Kerala). The company holds 5 GST registrations, of which 2 are active.

The company has an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹11.5 Lakh. It is led by directors including Srambikal Subair Sainudheen (Managing Director) and Sabeena Subair Srambickal.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 21 21A 21B Industrial Development Area Muppathadam P O, Aluva, Kerala, India – 683110.

As per the financials filed for FY 2024, the company reported a revenue of ₹58.06 Lakh, a decline of 7% compared to the previous year. For the same year it recorded a net loss of ₹6.9 Lakh (net margin -11.9%) and EBITDA of -₹1.96 Lakh (EBITDA margin -3.4%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 16% over five years.

The company has about 8 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹3.64 Cr and satisfied charges of ₹1 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company.

Success Spinning Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-02-0028013). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U17119KL2003PTC016301
Registration Number 016301
Incorporation Date 14 July 2003
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KL-02-0028013

Recognitions & Rankings of Success Spinning

MSME (Udyam registered) Ministry of MSME
Category
Micro (2023-24)
Udyam number
UDYAM-KL-02-0028013

Contact details

Success Spinning Private Limited's registered office is in Aluva, Kerala. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    21 21A 21B Industrial Development Area Muppathadam P O, Aluva, Kerala, India – 683110
  • Industry
    Manufacturing, Textile & Fabric Production

To see the full contact details of Success Spinning Private Limited, buy the company report.

Comprehensive company report
Success Spinning Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Success Spinning is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC13Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities

To see the full business activity and turnover split of Success Spinning Private Limited, buy the company report.

Financials of Success Spinning Private Limited

FY 2024 filings available

Success Spinning Private Limited reported revenue of ₹58.06 Lakh (down 7% YoY) for FY 2024.

Revenue · FY 2024
₹58.06 Lakh ▼ 7%
Net loss · FY 2024
₹6.9 Lakh margin -11.9%
EBITDA · FY 2024
-₹1.96 Lakh margin -3.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 7%
3 years · compounded
▲ 1%
5 years · compounded
▼ 16%
EBITDA CAGR growth
1 year
▼ 133%
3 years · compounded
▼ 28%
5 years · compounded
▼ 16%

Revenue has declined at a compounded annual rate (CAGR) of 16% over five years, including a 7% fall in the latest year. EBITDA fell 133% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹1.96 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹6.9 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-3.4%
Net Profit Margin-11.9%
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 Success Spinning Private Limited, buy the company report.

Board of directors of Success Spinning Private Limited

Success Spinning has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sabeena Subair SrambickalDirector19 Oct 201313 Years 0 MonthsCurrent
Sameera Subair SrambickalDirector19 Oct 201313 Years 0 MonthsCurrent
Srambikal Subair SainudheenManaging Director30 Sep 200422 Years 0 MonthsCurrent

Auditor

Success Spinning Private Limited is audited by SABP & CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
SABP & COFY 2023207354N

Shareholding

The shareholding of Success Spinning Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Success Spinning Private Limited, buy the company report.

Charges & borrowings

Open charges
₹3.64 Cr
Satisfied charges
₹1 Cr
Breakdown by lending institutions
Small Industries Development Bank of India₹1.52 Cr
Small Industries Devolopment Bank of India₹1.46 Cr
Small Industrial Development Bank of India₹0.67 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
27 Mar 201310416485Small Industrial Development Bank of India₹66.6 LakhOpen
24 Mar 201110275121Small Industries Development Bank of India₹1.52 CrOpen
21 Oct 200490020196Small Industries Devolopment Bank of India₹1.46 CrOpen
29 Mar 2010100242604State Bank of Travancore₹70 LakhSatisfied
23 Mar 200590020549State Bank of Travancore₹30 LakhSatisfied

To see the full charge records of Success Spinning Private Limited, buy the company report.

Total charge records: 5 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Success Spinning Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Success Spinning Private Limited has a workforce of 8 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.

Employee count
8
Active EPFO establishments
1
Employee growth
-11.11%

GST

Success Spinning has 5 GST registrations: 2 active and 3 cancelled or inactive.

Total GSTINs
5
Active
2
Cancelled / inactive
3
GSTINStateStatusRegistered on
32AAJCS5752R1ZOKeralaActive01 Jul 2017
33AAUCS4285Q3Z9Tamil NaduActive02 Mar 2021

To see the full GST registrations and return filing status of Success Spinning Private Limited, buy the company report.

Recent activity

Success Spinning Private Limited has 5 board changes on record since 2004: 3 appointments and 2 cessations. The latest: Rose Ann Sapna Subair ceased to be Director on 01 Jul 2018.

Charges
A charge registered on 29 Mar 2010 via Charge ID 100242604 with State Bank Of Travancore was fully satisfied on 20 Dec 2024.
Charges
A charge registered on 23 Mar 2005 via Charge ID 90020549 with State Bank Of Travancore was fully satisfied on 20 Dec 2024.
AGM
Success Spinning Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Success Spinning Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.
Ceased
Rose Ann Sapna Subair ceased to be Director.
Appointed
Sabeena Subair Srambickal was appointed as Director.
Appointed
Sameera Subair Srambickal was appointed as Director.
Charges
A charge with Small Industrial Development Bank Of India amounted to Rs. 0.67 Cr with Charge ID 10416485 was registered on 27 Mar 2013.
Charges
A charge with Small Industries Development Bank Of India amounted to Rs. 1.52 Cr with Charge ID 10275121 was registered on 24 Mar 2011.
Charges
A charge with State Bank Of Travancore amounted to Rs. 0.70 Cr with Charge ID 100242604 was registered on 29 Mar 2010.
Charges
A charge with Small Industries Devolopment Bank Of India of Rs. 1.46 Cr registered on 21 Oct 2004 with Charge ID 90020196 was modified on 22 Mar 2010.
Ceased
Srambikal Subair Sainudheen ceased to be Director.

4 earlier events are in the company report.

Frequently asked questions

Success Spinning is an active private limited company based in Aluva, Kerala, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 14 July 2003 (23+ years old) and is registered under CIN U17119KL2003PTC016301.

Success Spinning has 3 current directors:

The latest financial statements of Success Spinning on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Success Spinning is 32AAJCS5752R1ZO, registered in Kerala. The company has 5 GST registrations in all, of which 2 are active and 3 are cancelled or inactive. Other active GSTINs include 33AAUCS4285Q3Z9 (Tamil Nadu).

The CIN (Corporate Identification Number) of Success Spinning is U17119KL2003PTC016301. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Success Spinning has 3 court cases on record: 3 filed by the company. Most are in the high courts.

Success Spinning was incorporated on 14 July 2003, making it 23+ years old. It is registered with the Registrar of Companies, Ernakulam.

Rose Ann Sapna Subair ceased to be Director on 01 Jul 2018. Sabeena Subair Srambickal was appointed as Director on 19 Oct 2013. Sameera Subair Srambickal was appointed as Director on 19 Oct 2013. Success Spinning has 5 board changes on record in total.

Yes, Success Spinning is registered as a micro enterprise under Udyam registration (number: UDYAM-KL-02-0028013).

The registered office of Success Spinning is at 21 21A 21B Industrial Development Area Muppathadam P O, Aluva, Kerala, India – 683110.