About Wilworth Earthmovers Private Limited
Data last updated:
Wilworth Earthmovers Private Limited is a private limited company based in Bangalore, Karnataka, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 12 July 1999.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U51504KA1999PTC025450. The company has 4 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.5 Cr. It is led by directors Meda Panduranga Setty Vikram (Managing Director) and Meda Vikram Ramavathi.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at No.14 Bull Temple Road Basavanagudi Bangalore, Karnataka, India – 560004.
As per the financials filed for FY 2016, the company reported a revenue of ₹6.02 Cr, a decline of 88% compared to the previous year. For the same year it recorded a net loss of ₹3.47 Cr (net margin -57.6%) and EBITDA of -₹70.71 Lakh (EBITDA margin -11.8%).
As per MCA filings, the company has open charges of ₹37.37 Cr and satisfied charges of ₹1.34 Cr on record. Court records list 38 cases involving the company, including 5 filed by the company and 33 filed against it.
The last known website on record is hugedomains.com.
Company details
Contact details
Wilworth Earthmovers Private Limited's registered office is in Bangalore, Karnataka. Its website is hugedomains.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.14 Bull Temple Road Basavanagudi Bangalore, Karnataka, India – 560004
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
To see the full contact details of Wilworth Earthmovers 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 Wilworth Earthmovers is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Wilworth Earthmovers Private Limited, buy the company report.
Financials of Wilworth Earthmovers Private Limited
FY 2016 filings availableWilworth Earthmovers Private Limited reported revenue of ₹6.02 Cr (down 88% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 88% in the latest year. EBITDA fell 130% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹6.02 Cr | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹70.71 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹3.47 Cr | |
| 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -11.8% | |
| Net Profit Margin | -57.6% | |
| 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 Wilworth Earthmovers Private Limited, buy the company report.
Board of directors of Wilworth Earthmovers Private Limited
Wilworth Earthmovers has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Meda Panduranga Setty Vikram Also directs: Lathangi Motors Private Limited, Yashaswini Motors Private Limited, Lathangi Cycle and Carriage Private Limited and 2 more | Managing Director | 12 Jul 1999 | 27 Years 3 Months | As last reported |
| Meda Vikram Ramavathi Also directs: Lathangi Motors Private Limited, Yashaswini Motors Private Limited, Lathangi Cycle and Carriage Private Limited and 1 more | Director | 07 Aug 2005 | 21 Years 3 Months | As last reported |
Peer comparison
Wilworth Earthmovers Private Limited is compared with the 4 companies closest to it by revenue in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| I.M.S Enterprises Private Limited | ₹6.04 Cr (FY 2024) | 25.0% | Kanpur, Uttar Pradesh, India | |||
| Wilworth Earthmovers Private Limitedthis company | ₹6.02 Cr (FY 2016) | -₹3.47 Cr | -57.6% | -88.0% | Bangalore, Karnataka, India | |
| Bezel Impex Pvt Ltd | ₹6 Cr (FY 2025) | -23.0% | Delhi, India | |||
| Aiipltech Private Limited | ₹6 Cr (FY 2025) | 51.0% | New Delhi, Delhi, India | |||
| Point Hydraulics Private Limited | ₹5.97 Cr (FY 2025) | 105.0% | Varanasi, Uttar Pradesh, India |
To see the full peer comparison of Wilworth Earthmovers Private Limited, buy the company report.
Shareholding
The shareholding of Wilworth Earthmovers Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Wilworth Earthmovers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Nov 2012 | 10392652 | Reliance Capital Ltd | ₹8.5 Cr | Open | |
| 01 Jun 2009 | 10163939 | Srei Equipment Finance Private Limited | ₹41.65 Lakh | Open | |
| 04 Oct 2008 | 10123303 | State Bank of India | ₹20.55 Cr | Open | |
| 15 Jan 2006 | 80028624 | State Bank of India | ₹7.9 Cr | Open | |
| 01 Jan 2009 | 10138835 | Hdfc Bank Limited | ₹24 Lakh | Satisfied |
To see the full charge records of Wilworth Earthmovers Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Wilworth Earthmovers Private Limited has 38 court cases on record: 5 filed by Wilworth Earthmovers, 33 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 33 | 30 | 0 |
| High courts | 5 | 3 | 0 |
Cases on record (5 of 38)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Reliance Commercial Finance Limited | Disposed |
| District court, BENGALURU, Karnataka | Court case (AA) | Filed against the company by Reliance Capital Limited Rep by Sri. Sukesh D | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Ms Reliance Capital Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Ms Reliance Capital Ltd | Disposed |
| High Court of Karnataka | Court case (COP) | Filed against the company by Exxon Mobil Lubricants Pvt Ltd | Disposed |
To see the full case history of Wilworth Earthmovers 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 Wilworth Earthmovers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Wilworth Earthmovers has 1 associated company. This group structure data is as of FY 2016. The table lists each entity with its relationship and holding.
Employees & EPFO
Wilworth Earthmovers Private Limited has 1 active EPFO establishment as of Apr 05, 2024.
GST
Wilworth Earthmovers has 4 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Wilworth Earthmovers Private Limited, buy the company report.
Recent activity
Wilworth Earthmovers Private Limited has 3 board changes on record since 1999: 2 appointments and 1 cessation. The latest: Meda Kasturi Ranga Panduranga Setty ceased to be Director on 04 Feb 2015.
10 earlier events are in the company report.
Frequently asked questions
Wilworth Earthmovers is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Wilworth Earthmovers is a company under insolvency, formerly operating as a private limited company based in Bangalore, Karnataka, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 12 July 1999 and is registered under CIN U51504KA1999PTC025450. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Wilworth Earthmovers has 2 current directors:
- Meda Panduranga Setty Vikram - Managing Director
- Meda Vikram Ramavathi - Director
The latest financial statements of Wilworth Earthmovers on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Wilworth Earthmovers is U51504KA1999PTC025450. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wilworth Earthmovers has open charges of ₹37.37 Cr and satisfied charges of ₹1.34 Cr as per latest MCA filings.
Wilworth Earthmovers has 38 court cases on record: 5 filed by the company and 33 filed against it. Most are in the district courts.
Wilworth Earthmovers was incorporated on 12 July 1999. It is registered with the Registrar of Companies, Bangalore.
The peers of Wilworth Earthmovers by revenue are I.M.S Enterprises Private Limited, Bezel Impex Pvt Ltd, Aiipltech Private Limited, Point Hydraulics Private Limited, all in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution), with the same principal business activity (wholesale trading).
Meda Kasturi Ranga Panduranga Setty ceased to be Director on 04 Feb 2015. Meda Vikram Ramavathi was appointed as Director on 07 Aug 2005. Meda Panduranga Setty Vikram was appointed as Managing Director on 12 Jul 1999.
Wilworth Earthmovers can be reached through the website hugedomains.com. Its registered office is in Bangalore, Karnataka, India.
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