Utility Sourcing Apparel Private Limited
About Utility Sourcing Apparel Private Limited
Data last updated:
Utility Sourcing Apparel Private Limited was a private limited company based in Chennai, Tamil Nadu, India, operated as a subsidiary of Apparel Connection Limited. 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 textile segment of the apparel and fashion sector. It was incorporated on 10 January 2006.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U18109TN2006PTC058537. Its GSTIN is 33AAACU7964N1ZR (Tamil Nadu).
The company had an authorised share capital of ₹1.2 Cr and a paid-up capital of ₹1.16 Cr. It was led by directors Rani Sadhwani Vashi and Nathan Anto.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at No:2 3rd Floor At Alsa Mall Montieth Road Egmore, Chennai, Tamil Nadu, India – 600008.
As per the financials filed for FY 2021, the company reported a revenue of ₹3.43 Lakh. For the same year it recorded a net profit of ₹2.73 Lakh (net margin 79.5%) and EBITDA of ₹3.12 Lakh (EBITDA margin 90.9%). Revenue has grown at a compounded annual rate (CAGR) of 39% over three years and 31% over five years.
The company had about 4 employees on its provident fund (EPFO) records before it was struck off.
Court records list 1 case involving the company, including 1 filed by the company.
Company details
Contact details
Utility Sourcing Apparel Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo:2 3rd Floor At Alsa Mall Montieth Road Egmore, Chennai, Tamil Nadu, India – 600008
- IndustryAppreal & Fashion, Textile, Leather, Apparel
To see the full contact details of Utility Sourcing Apparel 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 Utility Sourcing Apparel Private Limited
FY 2021 filings availableUtility Sourcing Apparel Private Limited reported revenue of ₹3.43 Lakh for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 31% over five years. EBITDA rose 123% 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 |
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| EBITDA | ₹3.12 Lakh | ||||
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| Net Profit (PAT) | ₹2.73 Lakh | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| Profitability | |||||
| EBITDA Margin | 90.9% | ||||
| Net Profit Margin | 79.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Utility Sourcing Apparel Private Limited, buy the company report.
Board of directors of Utility Sourcing Apparel Private Limited
Utility Sourcing Apparel has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rani Sadhwani Vashi | Director | 10 Jan 2006 | 20 Years 9 Months | As last reported |
| Nathan Anto | Director | 04 Aug 2008 | 18 Years 2 Months | As last reported |
Auditor
Utility Sourcing Apparel Private Limited is audited by A J DEORA & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A J DEORA & ASSOCIATES | FY 2017 | 000711S |
Shareholding
The shareholding of Utility Sourcing Apparel Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Utility Sourcing Apparel Private Limited, buy the company report.
Legal cases
Utility Sourcing Apparel Private Limited has 1 court case on record: 1 filed by Utility Sourcing Apparel. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Civil suit | Filed by the company against Sreya Enterprises | Disposed |
To see the full case history of Utility Sourcing Apparel 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 Utility Sourcing Apparel Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Utility Sourcing Apparel Private Limited has a workforce of 4 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Utility Sourcing Apparel has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACU7964N1ZR | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Utility Sourcing Apparel Private Limited, buy the company report.
Recent activity
Utility Sourcing Apparel Private Limited has 5 board changes on record since 2006: 2 appointments and 3 cessations. The latest: Nathan Anto ceased to be Additional Director on 30 Sep 2008.
Frequently asked questions
Utility Sourcing Apparel 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.
Utility Sourcing Apparel was a private limited company based in Chennai, Tamil Nadu, India. The company worked in textile, within the apparel and fashion industry. It was incorporated on 10 January 2006 and is registered under CIN U18109TN2006PTC058537. The company has been struck off by the Registrar of Companies and is no longer operational.
Utility Sourcing Apparel had 2 directors:
- Rani Sadhwani Vashi - Director
- Nathan Anto - Director
The CIN (Corporate Identification Number) of Utility Sourcing Apparel is U18109TN2006PTC058537. 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 Utility Sourcing Apparel is at No:2 3rd Floor At Alsa Mall Montieth Road Egmore, Chennai, Tamil Nadu, India – 600008.
Utility Sourcing Apparel was incorporated on 10 January 2006. It is registered with the Registrar of Companies, Chennai.
The latest financial statements of Utility Sourcing Apparel on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Utility Sourcing Apparel is 33AAACU7964N1ZR, registered in Tamil Nadu.
Utility Sourcing Apparel operated in the apparel and fashion industry, in the textile segment. It worked in this industry before it was struck off.
Utility Sourcing Apparel has 1 court case on record: 1 filed by the company.
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