Thiruselvan Spinners Private Limited

Thiruselvan Spinners Private Limited - appreal & fashion in Kamaraja, Tamil Nadu, India. Directors, charges & compliance details.
CIN U17111TN1990PTC019240 Incorporated 30 May 1990 ROC Chennai HQ Kamaraja, Tamil Nadu, India
Struck Off Private Limited Company appreal and fashion
Data last updated
Revenue · FY 2017
₹1.47 Cr
▼ 34% YoY
Net loss · FY 2017
₹71.41 Lakh
Net margin -48.6%
EBITDA · FY 2017
-₹62.48 Lakh
EBITDA margin -42.5%
Authorised capital
₹90 Lakh
Registered with MCA
Paid-up capital
₹88.2 Lakh
Issued & subscribed
Satisfied charges
₹2.58 Cr
No open charges
Company age
36 yrs
Est. 1990
Directors on board
2
As per MCA filings

About Thiruselvan Spinners Private Limited

Data last updated:

Thiruselvan Spinners Private Limited was a private limited company based in Kamaraja, Tamil Nadu, 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 leather segment of the apparel and fashion sector. It was incorporated on 30 May 1990.

The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U17111TN1990PTC019240. The company has 1 GST registration on record, which is no longer active.

The company had an authorised share capital of ₹90 Lakh and a paid-up capital of ₹88.2 Lakh. It was led by directors Thiruvengadam Mahalakshmi and Rajammal Kondal Naidu Thiruvenkatam.

Its last annual general meeting (AGM) was held on 25 October 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at 7/1 – C Patel Road Virudhunagar Kamaraja Distt. Virudhunagar Kamaraja Distt., Tamil Nadu, India – 626001.

As per the financials filed for FY 2017, the company reported a revenue of ₹1.47 Cr, a decline of 34% compared to the previous year. For the same year it recorded a net loss of ₹71.41 Lakh (net margin -48.6%) and EBITDA of -₹62.48 Lakh (EBITDA margin -42.5%).

As per MCA filings, the company had satisfied charges of ₹2.58 Cr on record. Court records list 8 cases involving the company, including 5 filed by the company and 3 filed against it.

Company Details of Thiruselvan Spinners Private Limited
CIN U17111TN1990PTC019240
Registration Number 019240
Incorporation Date 30 May 1990
ROC Chennai
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 25 October 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    7/1 – C Patel Road Virudhunagar Kamaraja Distt. Virudhunagar Kamaraja Distt., Tamil Nadu, India – 626001
  • Industry
    Appreal & Fashion, Leather, Textile, Apparel
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Financials, compliance, directors, charges, ownership and filings for Thiruselvan Spinners Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Thiruselvan Spinners Private Limited

The main business activity of Thiruselvan Spinners is manufacturing. In detail, this covers textile, leather and other apparel products.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC2Textile, leather and other apparel productsLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Financials of Thiruselvan Spinners Private Limited FY 2021 filings available

Thiruselvan Spinners Private Limited reported revenue of ₹1.47 Cr (down 34% YoY) for FY 2017.

Revenue · FY 2017
₹1.47 Cr ▼ 34%
Net loss · FY 2017
₹71.41 Lakh margin -48.6%
EBITDA · FY 2017
-₹62.48 Lakh margin -42.5%

Compounded Annual Growth Rate (CAGR) of Thiruselvan Spinners Private Limited

Revenue CAGR growth
1 year
▼ 34%

Revenue fell 34% in the latest year. All are worked out from the filed statements.

Financial Statement Summary of Thiruselvan Spinners Private Limited

MetricsFY 2016-17FY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations••••••••••••
Other Income••••••••••••
Total Revenue₹1.47 Cr••••••••
Cost of Materials Consumed••••••••••••
Employee Benefit Expense••••••••••••
Finance Costs••••••••••••
Depreciation and Amortisation••••••••••••
Other Expenses••••••••••••
Total Expenses••••••••••••
EBITDA-₹62.48 Lakh••••••••
Profit Before Tax••••••••••••
Tax Expense••••••••••••
Net Profit (PAT)-₹71.41 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 of Thiruselvan Spinners Private Limited

MetricsFY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin-42.5%••••••••
Net Profit Margin-48.6%••••••••
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••••••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Thiruselvan Spinners are in the company report.

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Financial statements from 2015

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Auditor Details of Thiruselvan Spinners Private Limited

Thiruselvan Spinners Private Limited is audited by NIL for the financial year 2017.

NameStatusAppointment DateCessation Date
NILLockedLockedLocked
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Complete auditor history

Appointment and cessation dates and past auditor changes are in the company report.

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Board of Directors of Thiruselvan Spinners Private Limited

Thiruselvan Spinners has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Thiruvengadam MahalakshmiDirector22 Oct 20187 Years 11 MonthsAs last reported
Rajammal Kondal Naidu ThiruvenkatamDirector30 May 199036 Years 4 MonthsAs last reported

Ownership and Shareholding of Thiruselvan Spinners Private Limited

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Charges & Borrowings of Thiruselvan Spinners Private Limited

Open charges
None
Satisfied charges
₹2.58 Cr
Breakdown by lending institutions
Bank of Baroda₹1.15 Cr
State Bank of India₹0.94 Cr
Central Bank of India₹0.40 Cr
Tamilnadu Mercantile Bank Ltd.₹0.10 Cr
Latest charge details
DateLenderAmountStatus
08 Jun 2012Bank of Baroda₹1.15 CrSatisfied
18 Jun 2004State Bank of India₹93.68 LakhSatisfied
28 Feb 1997Central Bank of India₹40 LakhSatisfied
18 Jan 1992Tamilnadu Mercantile Bank Ltd.₹10 LakhSatisfied

Total charge records: 4 View all charges

Employees and EPFO Compliance at Thiruselvan Spinners Private Limited

Thiruselvan Spinners Private Limited has a workforce of 0 employees as of Apr 07, 2024.

Active EPFO establishments
1
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Thiruselvan Spinners Private Limited

Thiruselvan Spinners Private Limited has 7 board changes on record since 1990: 2 appointments and 5 cessations. The latest: Thiruvengadam Mahalakshmi ceased to be Additional Director on 19 Aug 2020.

AGM
Thiruselvan Spinners Private Limited last Annual general meeting of members was held on 25 Oct 2021 as per latest MCA records.
Filing
Thiruselvan Spinners Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Chennai.
Ceased
Thiruvengadam Mahalakshmi ceased to be Additional Director.
Charges
A charge registered on 08 Jun 2012 via Charge ID 10362610 with Bank Of Baroda was fully satisfied on 26 Mar 2019.
Ceased
Prem Nivaas ceased to be Director.
Appointed
Thiruvengadam Mahalakshmi was appointed as Director.
Ceased
Kondal Naidu Balakumaresan ceased to be Director.
Charges
A charge registered on 18 Jun 2004 via Charge ID 90308051 with State Bank Of India was fully satisfied on 12 Jun 2012.
Charges
A charge with Bank Of Baroda of Rs. 114.50 Lakh registered on 08 Jun 2012 with Charge ID 10362610 was modified on 09 Jun 2012.
Charges
A charge with Bank Of Baroda amounted to Rs. 114.50 Lakh with Charge ID 10362610 was registered on 08 Jun 2012.
Charges
A charge with State Bank Of India of Rs. 93.68 Lakh registered on 18 Jun 2004 with Charge ID 90308051 was modified on 02 Jul 2011.
Ceased
Thasarstha Naidu Narayanasamy Naidu Kondal Naidu ceased to be Director.

9 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Thiruselvan Spinners Private Limited

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Credit ratings, litigation, and regulatory alerts

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MSME Payment Delays by Thiruselvan Spinners Private Limited

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MSME payment history

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Subsidiaries & Group Companies of Thiruselvan Spinners Private Limited

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Corporate group structure

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GST Compliance of Thiruselvan Spinners Private Limited

Thiruselvan Spinners has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Thiruselvan Spinners Private Limited

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MCA filings and documents

Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.

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Frequently Asked Questions about Thiruselvan Spinners Private Limited

Thiruselvan Spinners 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.

Thiruselvan Spinners was a private limited company based in Kamaraja, Tamil Nadu, India. The company worked in leather, within the apparel and fashion industry. It was incorporated on 30 May 1990 and is registered under CIN U17111TN1990PTC019240. The company has been struck off by the Registrar of Companies and is no longer operational.

Thiruselvan Spinners had 2 directors:

The CIN (Corporate Identification Number) of Thiruselvan Spinners is U17111TN1990PTC019240. 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 Thiruselvan Spinners is at 71 – C Patel Road Virudhunagar Kamaraja Distt. Virudhunagar Kamaraja Distt., Tamil Nadu, India – 626001.

Thiruselvan Spinners was incorporated on 30 May 1990. It is registered with the Registrar of Companies, Chennai.

Thiruselvan Spinners reported revenue of ₹1.47 Cr for FY 2017 (down 34% YoY).

Thiruselvan Spinners has an authorised share capital of ₹90 Lakh and a paid-up capital of ₹88.2 Lakh.

Thiruselvan Spinners reported a net loss of ₹71.41 Lakh (net margin -48.6%) and EBITDA of -₹62.48 Lakh (EBITDA margin -42.5%) for FY 2017, as per its filed financial statements.

No. Thiruselvan Spinners has 1 GST registration on record and it is cancelled or inactive.

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