About Sumolo Trendz Private Limited
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Sumolo Trendz Private Limited is a private limited company based in Bangalore, Karnataka, India. The company is currently under process of striking off by the Registrar of Companies. The removal process has been initiated but is not yet final, and the company may be struck off soon. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 01 February 2006.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U51311KA2006PTC038355. Its GSTIN is 29AAJCS6661D1Z2 (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Dereck Llewellyn Wate and Suhasini Prasad.
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 Radhalaya Second Floor No.38 Harris Road Benson Town, Bangalore, Karnataka, India – 560046.
As per the financials filed for FY 2020, the company reported a revenue of ₹70.28 Lakh, a decline of 20% compared to the previous year. For the same year it recorded a net loss of ₹18.12 Lakh (net margin -25.8%) and EBITDA of -₹16.16 Lakh (EBITDA margin -23%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years and 19% over five years.
As per MCA filings, the company has open charges of ₹12 Lakh and satisfied charges of ₹12 Lakh on record.
The last known website on record is sumolo.com.
Company details
Contact details
Sumolo Trendz Private Limited's registered office is in Bangalore, Karnataka. Its website is sumolo.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressRadhalaya Second Floor No.38 Harris Road Benson Town, Bangalore, Karnataka, India – 560046
- IndustryHome & Lifestyle, Textile Retail & Distribution, Home Furnishings & Accessories Retail
To see the full contact details of Sumolo Trendz 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 Sumolo Trendz Private Limited
FY 2024 filings availableSumolo Trendz Private Limited reported revenue of ₹70.28 Lakh (down 20% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 19% over five years, including a 20% fall 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
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹70.28 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹16.16 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹18.12 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -23% | ||||
| Net Profit Margin | -25.8% | ||||
| 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 Sumolo Trendz Private Limited, buy the company report.
Board of directors of Sumolo Trendz Private Limited
Sumolo Trendz has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dereck Llewellyn Wate Also directs: Gem Manning Services Private Limited | Director | 16 Aug 2006 | 20 Years 2 Months | Current |
| Mohitprasad | Additional Director | 03 Aug 2015 | 11 Years 3 Months | Current |
| Suhasini Prasad | Director | 01 Feb 2006 | 20 Years 9 Months | Current |
Auditor
Sumolo Trendz Private Limited is audited by ADARSH & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ADARSH & CO | FY 2019 | 007709S |
Shareholding
The shareholding of Sumolo Trendz Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Sumolo Trendz Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Feb 2022 | 100569150 | Hdfc Bank Limited | ₹12 Lakh | Satisfied |
To see the full charge records of Sumolo Trendz Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Sumolo Trendz 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 Sumolo Trendz Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sumolo Trendz has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAJCS6661D1Z2 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sumolo Trendz Private Limited, buy the company report.
Recent activity
Sumolo Trendz Private Limited has 4 board changes on record since 2006: 3 appointments and 1 cessation. The latest: Hubert Francis Wate ceased to be Director on 03 Aug 2015.
Frequently asked questions
Sumolo Trendz is currently "Under Process of Striking Off" as per MCA records. The Registrar of Companies has initiated the process to remove the company from the register, typically due to non-filing of statutory returns. This process is not yet final, but the company may be struck off soon. Caution is advised before entering into any agreements with this entity.
Sumolo Trendz is a company pending strike off, currently registered as a private limited company based in Bangalore, Karnataka, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 01 February 2006 and is registered under CIN U51311KA2006PTC038355. The company may be struck off soon - caution is advised.
The compliance status of Sumolo Trendz is compliant as of 09 July 2026.
Sumolo Trendz has 3 current directors:
- Dereck Llewellyn Wate - Director
- Mohitprasad - Additional Director
- Suhasini Prasad - Director
The CIN (Corporate Identification Number) of Sumolo Trendz is U51311KA2006PTC038355. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sumolo Trendz was incorporated on 01 February 2006. It is registered with the Registrar of Companies, Bangalore.
Sumolo Trendz can be reached through the website sumolo.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Sumolo Trendz is at Radhalaya Second Floor No.38 Harris Road Benson Town, Bangalore, Karnataka, India – 560046.
The latest financial statements of Sumolo Trendz 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 Sumolo Trendz is 29AAJCS6661D1Z2, registered in Karnataka.
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