Accord Salon Private Limited

Provides salon and beauty services since 2018, based in Ludhiana, Punjab.

2018 | Ludhiana, Punjab (India) | Active
Last Updated: January 03, 2025

Accord Salon Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.30 M
  • Company Age 6 Year, 2 Months
  • Last Filing with ROC 31 Mar 2020
  • Revenue Growth 123.91%
  • Profit Growth -784.93%
  • Ebitda -818.89%
  • Net Worth -126.43%
  • Total Assets -99.11%

About Accord Salon

Accord Salon Private Limited (ASPL) is a Private Limited Indian Non-Government Company incorporated in India on 06 December 2018 (Six years and two months 17 days old ). Its registered office is in Ludhiana, Punjab, India.

The Company is engaged in the Health And Wellness Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2020. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.30 M, as per Ministry of Corporate Affairs (MCA) records.

Gurjeet Sembhi and Mankiran Sembhi serve as directors at the Company.

Company Details

  • Location

    Ludhiana, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999PB2018PTC048725

  • Company No.

    048725

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Dec 2018

  • Date of AGM

    31 Dec 2020

  • Date of Balance Sheet

    31 Mar 2020

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Health and Wellness Services

Who are the key members and board of directors at Accord Salon?

Executive Team (1)

NameDesignationAppointment DateStatus
Mankiran Sembhi Country flag representing In Managing Director06-Dec-2018Current

Board Members (1)

NameDesignationAppointment DateStatus
Gurjeet Sembhi Country flag representing In Director 06-Dec-2018Current

Financial Performance of Accord Salon.

Accord Salon Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 123.91% increase. The company also saw a substantial fall in profitability, with a 784.93% decrease in profit. The company's net worth observed a substantial decline by a decrease of 126.43%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
123.91%
Revenue from Operations
123.91%
Total Assets
-99.11%
Profit or Loss
-784.93%
Net Worth
-126.43%
EBITDA
-818.89%

What is the Ownership and Shareholding Structure of Accord Salon?

In 2020, Accord Salon had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Accord Salon?

Unlock and access historical data on people associated with Accord Salon, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Accord Salon, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Accord Salon's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Accord Salon

Recent activity within the organization

  • Annual General Meeting

    Accord Salon Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.

    31 Dec 2020

  • Balance Sheet

    Accord Salon Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Chandigarh.

    31 Mar 2020

  • Director Appointment

    Gurjeet Kaur Sembhi was appointed as a Director was appointed as a Director on 06 Dec 2018 & has been associated with this company since 6 years 2 months .

    06 Dec 2018

  • Director Appointment

    Mankiran Singh Sembhi was appointed as a Managing Director was appointed as a Managing Director on 06 Dec 2018 & has been associated with this company since 6 years 2 months .

    06 Dec 2018

  • Company Incorporation

    Accord Salon Private Limited was registered on 06 Dec 2018 with Roc Chandigarh & aged 6 years 2 months as per MCA records.

    06 Dec 2018

Frequently asked questions

  • Accord Salon Private Limited was incorporated on 06 Dec 2018.

  • The authorized share capital of Accord Salon Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.30 M.

  • Currently 2 directors are associated with Accord Salon Private Limited.

    • Gurjeet Kaur Sembhi
    • Mankiran Singh Sembhi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Accord Salon Private Limited is Gurdev Nagar 3172 1 G Ngr, India, Ludhiana, Punjab, 141001.

  • The corporate identification number (CIN) of Accord Salon Private Limited is U74999PB2018PTC048725 and the company number is 048725 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Accord Salon Private Limited has risen by 123.91%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Accord Salon Private Limited has experienced an downturn of -126.43%.

  • The most recent Balance Sheet for Accord Salon Private Limited was filed with the ROC on 31 Mar 2020.