Threadmates Clothing Private Limited
About Threadmates Clothing Private Limited
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Threadmates Clothing Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the fashion retail segment of the fashion and textiles sector. It was incorporated on 18 August 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U18209DL2017PTC322321. Its GSTIN is 07AAGCT3911J1ZA (Delhi). The company holds 5 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Manpreet Singh Ayedee and Varun Taneja.
Its last annual general meeting (AGM) was held on 29 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at B – 125/1 Sf Rewari Line Industrieal Area Mayapuri Phase – 1 Near Rewari Line, New Delhi, Delhi, India – 110064.
As per the financials filed for FY 2020, the company reported a revenue of ₹75.86 Lakh, a decline of 58% compared to the previous year. For the same year it recorded a net loss of ₹25,446 (net margin -0.3%) and EBITDA of ₹87,393 (EBITDA margin 1.2%).
As per MCA filings, the company has open charges of ₹10 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Threadmates Clothing Private Limited's registered office is in New Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered AddressB – 125/1 Sf Rewari Line Industrieal Area Mayapuri Phase – 1 Near Rewari Line, New Delhi, Delhi, India – 110064
- IndustryFashion and Textile, Fashion Retail
To see the full contact details of Threadmates Clothing 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 Threadmates Clothing is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Threadmates Clothing Private Limited, buy the company report.
Financials of Threadmates Clothing Private Limited
FY 2020 filings availableThreadmates Clothing Private Limited reported revenue of ₹75.86 Lakh (down 58% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 58% in the latest year. EBITDA fell 52% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹75.86 Lakh | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹87,393 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹25,446 | ||
| 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 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 1.2% | ||
| Net Profit Margin | -0.3% | ||
| 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 Threadmates Clothing Private Limited, buy the company report.
Board of directors of Threadmates Clothing Private Limited
Threadmates Clothing has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manpreet Singh Ayedee Also directs: Sma Innovations LLP, Needle Eye Clothing Private Limited, Unisopent Designs Private Limited and 4 more | Director | 18 Aug 2017 | 9 Years 2 Months | Current |
| Varun Taneja Also directs: Threadmates Apparels Private Limited, SVM Webtech Private Limited | Director | 18 Aug 2017 | 9 Years 2 Months | Current |
Auditor
Threadmates Clothing Private Limited is audited by B S R T & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R T & CO | FY 2020 | 027272N |
Shareholding
The shareholding of Threadmates Clothing Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Threadmates Clothing Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 May 2018 | 100201972 | Others | ₹10 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Threadmates Clothing Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Court case (CS (COMM.)) | Filed against the company by Punjab National Bank | Disposed |
To see the full case history of Threadmates Clothing 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 Threadmates Clothing Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Threadmates Clothing has 5 GST registrations: 4 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAGCT3911J1ZA | Delhi | Active | 31 Oct 2017 |
| 27AAGCT3911J1Z8 | Maharashtra | Active | 28 Dec 2017 |
| 29AAGCT3911J1Z4 | Karnataka | Active | 09 Oct 2019 |
| 19AAGCT3911J1Z5 | West Bengal | Active | 20 Dec 2019 |
To see the full GST registrations and return filing status of Threadmates Clothing Private Limited, buy the company report.
Recent activity
Threadmates Clothing Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Manpreet Singh Ayedee was appointed as Director on 18 Aug 2017.
Frequently asked questions
Threadmates Clothing is an active private limited company based in New Delhi, Delhi, India. The company works in fashion retail, within the fashion and textile industry. It was incorporated on 18 August 2017 (9+ years old) and is registered under CIN U18209DL2017PTC322321.
Threadmates Clothing has 2 current directors:
- Manpreet Singh Ayedee - Director
- Varun Taneja - Director
The latest financial statements of Threadmates Clothing on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 29 December 2020. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Threadmates Clothing is 07AAGCT3911J1ZA, registered in Delhi. The company has 5 GST registrations in all, of which 4 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAGCT3911J1Z8 (Maharashtra), 29AAGCT3911J1Z4 (Karnataka), 19AAGCT3911J1Z5 (West Bengal).
The CIN (Corporate Identification Number) of Threadmates Clothing is U18209DL2017PTC322321. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Threadmates Clothing has 1 court case on record: 1 filed against it.
Threadmates Clothing was incorporated on 18 August 2017, making it 9+ years old. It is registered with the Registrar of Companies, Delhi.
Manpreet Singh Ayedee was appointed as Director on 18 Aug 2017. Varun Taneja was appointed as Director on 18 Aug 2017.
The registered office of Threadmates Clothing is at B – 1251 Sf Rewari Line Industrieal Area Mayapuri Phase – 1 Near Rewari Line, New Delhi, Delhi, India – 110064.
Threadmates Clothing operates in the fashion and textile industry, in the fashion retail segment.