Twinstar Agencies Private Limited
About Twinstar Agencies Private Limited
Data last updated:
Twinstar Agencies Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the fuel commission agents segment of the business services sector. It was incorporated on 31 December 2003.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U51102MH2003PTC143773. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹50 Lakh and a paid-up capital of ₹46 Lakh.
Its last annual general meeting (AGM) was held on 15 April 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2021, the company reported a revenue of ₹14.9 Lakh, a growth of 30% compared to the previous year. For the same year it recorded a net profit of ₹11.7 Lakh (net margin 78.5%) and EBITDA of ₹14.54 Lakh (EBITDA margin 97.6%). Revenue has declined at a compounded annual rate (CAGR) of 47% over three years and 51% over five years.
Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it.
Company details
Contact details
Twinstar Agencies Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address501/502 Shivmani Building Near Santacruz Rly Station Santacruz (, E)., Mumbai, Maharashtra, India – 400055
- IndustryBusiness Services, Fuel Commission Agents, Wholesale, Skin, Leather And Fur, Furniture, Wood, Paper, Contractual Work
To see the full contact details of Twinstar Agencies 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 Twinstar Agencies Private Limited
FY 2021 filings availableTwinstar Agencies Private Limited reported revenue of ₹14.9 Lakh (up 30% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue rose 30% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 51%. EBITDA rose 29% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹14.9 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹14.54 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹11.7 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 | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 97.6% | ||||
| Net Profit Margin | 78.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Twinstar Agencies Private Limited, buy the company report.
Board of directors of Twinstar Agencies Private Limited
Twinstar Agencies has 5 former directors on record and no current directors listed.
Auditor
Twinstar Agencies Private Limited is audited by PARIKH & AMIN ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PARIKH & AMIN ASSOCIATES | FY 2021 | 107520W |
Shareholding
The shareholding of Twinstar Agencies Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Twinstar Agencies Private Limited, buy the company report.
Legal cases
Twinstar Agencies Private Limited has 3 court cases on record: 1 filed by Twinstar Agencies, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 0 |
| District courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against M/S Eska B.V. | Disposed |
| Bombay High Court | Court case (AO) | Filed against the company by M/S. Ecological Fibers Inc | Disposed |
| Bombay High Court | Court case (CAA) | Filed against the company by M/S. Ecological Fibers Inc | Disposed |
To see the full case history of Twinstar Agencies 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 Twinstar Agencies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Twinstar Agencies 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 Twinstar Agencies Private Limited, buy the company report.
Recent activity
Twinstar Agencies Private Limited has 5 board changes on record since 2012: 0 appointments and 5 cessations. The latest: Himanshu Venilal Mehta ceased to be Director on 11 Jan 2022.
Frequently asked questions
Twinstar Agencies has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Twinstar Agencies was a private limited company based in Mumbai, Maharashtra, India. The company worked in fuel commission agents, within the business services industry. It was incorporated on 31 December 2003 and is registered under CIN U51102MH2003PTC143773. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Twinstar Agencies is U51102MH2003PTC143773. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Twinstar Agencies was incorporated on 31 December 2003. It is registered with the Registrar of Companies, Mumbai.
The registered office of Twinstar Agencies is at 501502 Shivmani Building Near Santacruz Rly Station Santacruz , E., Mumbai, Maharashtra, India – 400055.
The latest financial statements of Twinstar Agencies on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 15 April 2021. Year-wise statements from 2015 are in the company report.
No. Twinstar Agencies has 1 GST registration on record and it is cancelled or inactive.
Twinstar Agencies operated in the business services industry, in the fuel commission agents segment.
Twinstar Agencies has 3 court cases on record: 1 filed by the company and 2 filed against it. Most are in the high courts.
Himanshu Venilal Mehta ceased to be Director on 11 Jan 2022. Kapila Venibhai Mehta ceased to be Director on 11 Jan 2022. Aarti Himanshu Mehta ceased to be Director on 23 Dec 2013. Twinstar Agencies has 5 board changes on record in total.
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