WB Precision Engineering Solutions Private Limited
About WB Precision Engineering Solutions Private Limited
Data last updated:
WB Precision Engineering Solutions Private Limited is a private limited company based in Kolkata, West Bengal, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 23 August 2006.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U72200WB2006PTC111278. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹40 Lakh. It is led by directors including Tapan Datta and Sudip Datta.
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at 1B Pal Street Kolkata – 4, West Bengal, India – 700004.
As per the financials filed for FY 2015, the company reported a revenue of ₹9.6 Cr, a decline of 11% compared to the previous year. For the same year it recorded a net profit of ₹25.78 Lakh (net margin 2.7%) and EBITDA of ₹74.5 Lakh (EBITDA margin 7.8%).
The company has about 19 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹4.95 Cr on record. Court records list 6 cases involving the company, including 2 filed by the company and 4 filed against it; 3 cases are pending.
Company details
Contact details
WB Precision Engineering Solutions Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address is in the company report.
- Email
- Registered Address1B Pal Street Kolkata – 4, West Bengal, India – 700004
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of WB Precision Engineering Solutions 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 WB Precision Engineering Solutions Private Limited
FY 2015 filings availableWB Precision Engineering Solutions Private Limited reported revenue of ₹9.6 Cr (down 11% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue fell 11% in the latest year. EBITDA rose 45% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹9.6 Cr |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹74.5 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹25.78 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
| Metrics | FY 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | 7.8% |
| Net Profit Margin | 2.7% |
| 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 WB Precision Engineering Solutions Private Limited, buy the company report.
Board of directors of WB Precision Engineering Solutions Private Limited
WB Precision Engineering Solutions has 5 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ujjwal Chatterjee Also directs: Cap Projects Private Limited | Additional Director | 18 Mar 2015 | 11 Years 7 Months | As last reported |
| Tapan Datta | Director | 28 Aug 2006 | 20 Years 2 Months | As last reported |
| Sudip Datta Also directs: Cap Projects Private Limited, Kolkata Cuisine Private Limited | Director | 23 Aug 2006 | 20 Years 2 Months | As last reported |
| Mausumi Datta Ray Also directs: Cap Projects Private Limited | Director | 23 Aug 2006 | 20 Years 2 Months | As last reported |
| Sanjib Roy | Director | 19 May 2008 | 18 Years 5 Months | As last reported |
Auditor
WB Precision Engineering Solutions Private Limited is audited by MUKHERJEE SANYAL SAMANTA & CO for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MUKHERJEE SANYAL SAMANTA & CO | FY 2015 | 302097E |
Shareholding
The shareholding of WB Precision Engineering Solutions Private Limited is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of WB Precision Engineering Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Jun 2009 | 10295594 | Others | ₹3 Cr | Open | |
| 15 Sep 2007 | 10077637 | Corporation Bank Limited | ₹1.95 Cr | Open |
To see the full charge records of WB Precision Engineering Solutions Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
WB Precision Engineering Solutions Private Limited has 6 court cases on record: 2 filed by WB Precision Engineering Solutions, 4 filed against it. 3 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 3 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Company petition | Filed by the company against M/S. C. D. Automation Pvt. Ltd. | Disposed |
| District court, Khurda, Odisha | Court case (I . c. c) | Filed against the company by Vdeal System Private Limited | Pending |
| District court, Khurda, Odisha | Court case (I . c. c) | Filed against the company by M/S Vedal System | Pending |
| Calcutta High Court | Writ petition | Filed by the company against Union of India & Ors | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by Pepperal and Fuchs India Pvt Ltd | Disposed |
To see the full case history of WB Precision Engineering Solutions 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 WB Precision Engineering Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
WB Precision Engineering Solutions 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 WB Precision Engineering Solutions Private Limited, buy the company report.
Recent activity
WB Precision Engineering Solutions Private Limited has 5 board changes on record since 2006: 5 appointments. The latest: Ujjwal Chatterjee was appointed as Additional Director on 18 Mar 2015.
Frequently asked questions
WB Precision Engineering Solutions is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
WB Precision Engineering Solutions is a company under liquidation, formerly operating as a private limited company based in Kolkata, West Bengal, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 23 August 2006 and is registered under CIN U72200WB2006PTC111278. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
WB Precision Engineering Solutions has 5 current directors:
- Ujjwal Chatterjee - Additional Director
- Tapan Datta - Director
- Sudip Datta - Director
- Mausumi Datta Ray - Director
- Sanjib Roy - Director
The latest financial statements of WB Precision Engineering Solutions on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 30 September 2015. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of WB Precision Engineering Solutions is U72200WB2006PTC111278. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
WB Precision Engineering Solutions has open charges of ₹4.95 Cr and no satisfied charges on record as per latest MCA filings.
WB Precision Engineering Solutions has 6 court cases on record: 2 filed by the company and 4 filed against it. 3 are pending. Most are in the district courts.
WB Precision Engineering Solutions was incorporated on 23 August 2006. It is registered with the Registrar of Companies, Kolkata.
Ujjwal Chatterjee was appointed as Additional Director on 18 Mar 2015. Sanjib Roy was appointed as Director on 19 May 2008. Tapan Datta was appointed as Director on 28 Aug 2006. WB Precision Engineering Solutions has 5 board changes on record in total.
The registered office of WB Precision Engineering Solutions is at 1B Pal Street Kolkata – 4, West Bengal, India – 700004.
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