Sun Brushware Private Limited
About Sun Brushware Private Limited
Data last updated:
Sun Brushware Private Limited is a private limited company based in Madurai, Tamil Nadu, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the home furnishings and accessories retail segment of the home and lifestyle products sector. It was incorporated on 19 March 2010.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U36997TN2010PTC075005. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.5 Cr. It is led by directors Biksheswaran Shivakumar (Managing Director) and Shanmukaiah Kohila.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at Plot No.12 Madurai Integrated Textile Park Ltd Thathampatti Village Vadipatti, Tamil Nadu, India – 625218.
As per the financials filed for FY 2016, the company reported a revenue of ₹6.29 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹4.55 Lakh (net margin 0.7%) and EBITDA of ₹48.23 Lakh (EBITDA margin 7.7%).
As per MCA filings, the company has open charges of ₹4.88 Cr on record. Court records list 17 cases involving the company, including 14 filed by the company and 3 filed against it; 1 case is pending.
Company details
Contact details
Sun Brushware Private Limited's registered office is in Madurai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No.12 Madurai Integrated Textile Park Ltd Thathampatti Village Vadipatti, Tamil Nadu, India – 625218
- IndustryHome & Lifestyle, Home Furnishings & Accessories Retail
To see the full contact details of Sun Brushware 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 Sun Brushware is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Sun Brushware Private Limited, buy the company report.
Financials of Sun Brushware Private Limited
FY 2016 filings availableSun Brushware Private Limited reported revenue of ₹6.29 Cr (down 5% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 5% in the latest year. EBITDA fell 27% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹6.29 Cr | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹48.23 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹4.55 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 7.7% | |
| Net Profit Margin | 0.7% | |
| 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 Sun Brushware Private Limited, buy the company report.
Board of directors of Sun Brushware Private Limited
Sun Brushware has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Biksheswaran Shivakumar | Managing Director | 19 Mar 2010 | 16 Years 7 Months | As last reported |
| Shanmukaiah Kohila | Director | 09 May 2013 | 13 Years 5 Months | As last reported |
Shareholding
The shareholding of Sun Brushware Private Limited is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Sun Brushware Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Aug 2014 | 10519384 | Tamilnad Mercantile Bank Limited | ₹3.15 Cr | Open | |
| 21 Dec 2011 | 10324380 | Central Bank of India | ₹10 Lakh | Open | |
| 19 Aug 2011 | 10304306 | Central Bank of India | ₹1.33 Cr | Open | |
| 05 May 2011 | 10283979 | Central Bank of India | ₹30 Lakh | Open |
To see the full charge records of Sun Brushware Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Sun Brushware Private Limited has 17 court cases on record: 14 filed by Sun Brushware, 3 filed against it. 1 case is pending and 16 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 1 | 1 |
| High courts | 4 | 1 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thoothukudi, Tamil Nadu | Criminal complaint | Filed against the company by Dhinakaran Aruppukkottai Sri Vijayalakshmi Textile Mills Private Limited Power of Pattarni | Pending |
| District court, Thoothukudi, Tamil Nadu | Criminal miscellaneous application | Filed by the company | Disposed |
| NCLT, Chennai | Insolvency matter | Filed against the company by an individual | Disposed |
| District court, Madurai, Tamil Nadu | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
| District court, Madurai, Tamil Nadu | Court case (ESI.OP) | Filed by the company against an individual | Disposed |
To see the full case history of Sun Brushware 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 Sun Brushware Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sun Brushware Private Limited has 1 active EPFO establishment as of Apr 08, 2024.
GST
Sun Brushware has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Sun Brushware Private Limited, buy the company report.
Recent activity
Sun Brushware Private Limited has 7 board changes on record since 2010: 2 appointments and 5 cessations. The latest: Shanmugavel Premsiva ceased to be Director on 12 Aug 2015.
3 earlier events are in the company report.
Frequently asked questions
Sun Brushware is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Sun Brushware is a company under liquidation, formerly operating as a private limited company based in Madurai, Tamil Nadu, India. The company works in home furnishings and accessories retail, within the home and lifestyle industry. It was incorporated on 19 March 2010 and is registered under CIN U36997TN2010PTC075005. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Sun Brushware has 2 current directors:
- Biksheswaran Shivakumar - Managing Director
- Shanmukaiah Kohila - Director
The latest financial statements of Sun Brushware on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Sun Brushware is U36997TN2010PTC075005. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sun Brushware has open charges of ₹4.88 Cr and no satisfied charges on record as per latest MCA filings.
Sun Brushware has 17 court cases on record: 14 filed by the company and 3 filed against it. 1 is pending. Most are in the district courts.
Sun Brushware was incorporated on 19 March 2010. It is registered with the Registrar of Companies, Chennai.
Shanmugavel Premsiva ceased to be Director on 12 Aug 2015. Rosemary Joseph ceased to be Director on 09 Aug 2014. Jerome Joseph Alphonse ceased to be Director on 16 Jul 2014. Sun Brushware has 7 board changes on record in total.
The registered office of Sun Brushware is at Plot No.12 Madurai Integrated Textile Park Ltd Thathampatti Village Vadipatti, Tamil Nadu, India – 625218.
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