Ace Cooling System Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 0.53 M
- Company Age 22 Year, 9 Months
- Last Filing with ROC 31 Mar 2022
- Open Charges ₹ 1.21 Cr
- Revenue Growth -52.21%
- Profit Growth -3294.64%
- Ebitda -199.27%
- Net Worth -61.14%
- Total Assets -10.64%
About Ace Cooling System
Ace Cooling System Private Limited (ACSPL) is a Private Limited Indian Non-Government Company incorporated in India on 17 May 2002 and has a history of 22 years and nine months. Its registered office is in Chennai, Tamil Nadu, India.
The Company is engaged in the Consumer Electronics & Durables Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2022. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.53 M.
The company currently has active open charges totaling ₹1.21 Cr.
Nagarajan and Nagarajan Barath serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U29192TN2002PTC048948
- Company No.
048948
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
17 May 2002
- Date of AGM
30 Sep 2022
- Date of Balance Sheet
31 Mar 2022
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
What products or services does Ace Cooling System Private Limited offer?
Ace Cooling System Private Limited offers a wide range of products and services, including Industrial Coolers, Blowers & Fans, Air Ventilation System, Home Appliances & Kitchen Appliances, Air Purifier, Commercial Air Conditioner, Cassette Air Conditioner, Air Conditioner, LG Air Conditioner, Inverter Air Conditioners, Split Inverter Air Conditioner.
Who are the key members and board of directors at Ace Cooling System?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nagarajan  | Managing Director | 17-May-2002 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Nagarajan Barath | Director | 04-Mar-2019 | Current |
Financial Performance of Ace Cooling System.
Ace Cooling System Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 52.21% decrease. The company also saw a substantial fall in profitability, with a 3294.64% decrease in profit. The company's net worth observed a substantial decline by a decrease of 61.14%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Ace Cooling System?
In 2020, Ace Cooling System had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹12.07 M
₹0
Charges Breakdown by Lending Institutions
- Others : 0.94 Cr
- Bank Of Maharashtra : 0.17 Cr
- Canara Bank : 0.09 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Oct 2013 | Canara Bank | ₹0.93 M | Open |
| 15 Jun 2008 | Others | ₹9.44 M | Open |
| 25 Feb 2005 | Bank Of Maharashtra | ₹1.40 M | Open |
| 13 Jul 2004 | Bank Of Maharashtra | ₹0.30 M | Open |
How Many Employees Work at Ace Cooling System?
Ace Cooling System has a workforce of 2 employees as of Mar 29, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Ace Cooling System, 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 Ace Cooling System's trajectory.
Rating
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
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.
