About Vertical Aerospace Private Limited
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Vertical Aerospace Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 10 November 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U50404TN2016PTC113276. Its GSTIN is 33AAFCV6579B1Z9 (Tamil Nadu).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹17.5 Lakh. It is led by directors Ubayathulla Mohamed Sulthan and Ubayathulla Mohamed Jamil.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at No.31/14 Dr .B Narasimhan Road 3rd Street T.Nagar Chennai 600017, Tamil Nadu, India – 600017.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.21 Lakh, a decline of 98% compared to the previous year. For the same year it recorded a net loss of ₹25.48 Lakh and EBITDA of -₹15.09 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 69% over three years and 34% over five years.
As per MCA filings, the company has open charges of ₹79.75 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website verticalaerospace.org.
Company details
Contact details
Vertical Aerospace Private Limited's registered office is in Chennai, Tamil Nadu. Its website is verticalaerospace.org. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.31/14 Dr .B Narasimhan Road 3rd Street T.Nagar Chennai 600017, Tamil Nadu, India – 600017
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Vertical Aerospace 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 Vertical Aerospace is manufacturing. In detail, this covers motor vehicles, trailers, semi trailers and other transport vehicles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C11 | Motor vehicles, trailers, semi trailers and other Transport Vehicles |
To see the full business activity and turnover split of Vertical Aerospace Private Limited, buy the company report.
Financials of Vertical Aerospace Private Limited
FY 2023 filings availableVertical Aerospace Private Limited reported revenue of ₹1.21 Lakh (down 98% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 34% over five years, including a 98% fall in the latest year. EBITDA fell 213% 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
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| EBITDA | -₹15.09 Lakh | ||||
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| Net Profit (PAT) | -₹25.48 Lakh | ||||
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Financial Ratios
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To see the full financial statements and ratios of Vertical Aerospace Private Limited, buy the company report.
Board of directors of Vertical Aerospace Private Limited
Vertical Aerospace 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 |
|---|---|---|---|---|
| Ubayathulla Mohamed Jamil Also directs: Ms Brothers Traders Private Limited | Additional Director | 16 Feb 2023 | 3 Years 8 Months | Current |
| Ubayathulla Mohamed Sulthan Also directs: Ms Brothers Traders Private Limited | Director | 10 Nov 2016 | 9 Years 11 Months | Current |
Auditor
Vertical Aerospace Private Limited is audited by V M THOMAS & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V M THOMAS & CO | FY 2019 | 004416S |
Shareholding
The shareholding of Vertical Aerospace Private Limited is on record for 2 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Vertical Aerospace Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Apr 2017 | 100099748 | Others | ₹79.75 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Vertical Aerospace Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Vertical Aerospace Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vertical Aerospace has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAFCV6579B1Z9 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vertical Aerospace Private Limited, buy the company report.
Recent activity
Vertical Aerospace Private Limited has 5 board changes on record since 2016: 2 appointments and 3 cessations. The latest: Ubayathulla Mohamed Jamil was appointed as Additional Director on 16 Feb 2023.
Frequently asked questions
Vertical Aerospace is an active private limited company based in Chennai, Tamil Nadu, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 10 November 2016 (10+ years old) and is registered under CIN U50404TN2016PTC113276.
Vertical Aerospace has 2 current directors:
- Ubayathulla Mohamed Jamil - Additional Director
- Ubayathulla Mohamed Sulthan - Director
The latest financial statements of Vertical Aerospace on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Vertical Aerospace is 33AAFCV6579B1Z9, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Vertical Aerospace is U50404TN2016PTC113276. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vertical Aerospace was incorporated on 10 November 2016, making it 10+ years old. It is registered with the Registrar of Companies, Chennai.
Ubayathulla Mohamed Jamil was appointed as Additional Director on 16 Feb 2023. Sultan Syedibrahim Sahib ceased to be Director on 09 Aug 2018. Mohamed Sulthan Ubayathulla ceased to be Additional Director on 21 Jul 2017. Vertical Aerospace has 5 board changes on record in total.
Vertical Aerospace can be reached through the website verticalaerospace.org. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Vertical Aerospace is at No.3114 Dr .B Narasimhan Road 3rd Street T.Nagar Chennai 600017, Tamil Nadu, India – 600017.
Vertical Aerospace operates in the infrastructure and utilities industry, in the general construction services segment.