Friends Timber Private Limited

Manufactures and exports timber, imports from Myanmar and supplies to wholesalers and exports to various countries.

1999 | Nagpur, Maharashtra (India) | Active
Last Updated:

Friends Timber Profile

Key Indicators

  • Authorised Capital ₹ 8.00 M
  • Paid Up Capital ₹ 8.00 M
  • Company Age 26 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 23.56 Cr
  • Revenue Growth 28.23%
  • Profit Growth 88.99%
  • Ebitda -2.33%
  • Net Worth 20.96%
  • Total Assets -11.09%

About Friends Timber

Friends Timber Private Limited (FTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 February 1999 and has a history of 26 years and one month. Its registered office is in Nagpur, Maharashtra, India.

The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 8.00 M and a paid-up capital of Rs 8.00 M.

The company currently has active open charges totaling ₹23.56 Cr.

Satish Jaiswal, Sameer Jaiswal, and Punit Kohli serve as directors at the Company.

Company Details

  • Location

    Nagpur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51431MH1999PTC118529

  • Company No.

    118529

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Feb 1999

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing
Company report

Friends Timber Private Limited

Explore comprehensive data for Friends Timber Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Friends Timber?

Board Members (3)

NameDesignationAppointment DateStatus
Satish Jaiswal Country flag representing In Director 15-Jul-2006Current
Sameer Jaiswal Country flag representing In Director 01-Apr-2001Current
Punit Kohli Country flag representing In Director 22-Jan-2009Current

Financial Performance of Friends Timber.

Friends Timber Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 28.23% increase. The company also saw a substantial improvement in profitability, with a 88.99% increase in profit. The company's net worth Soared by an impressive increase of 20.96%.

Friends Timber revenue growth over time
Friends Timber 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
28.23%
Revenue from Operations
28.32%
Total Assets
-11.09%
Profit or Loss
88.99%
Net Worth
20.96%
EBITDA
-2.33%

What is the Ownership and Shareholding Structure of Friends Timber?

In 2023, Friends Timber 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)

Open Charges

₹235.60 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Bank Of India : 23.56 Cr

Latest Charge Details

DateLenderAmountStatus
09 May 2002Bank Of India₹23.56 CrOpen

How Many Employees Work at Friends Timber?

Friends Timber has a workforce of 45 employees as of Mar 24, 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.

Employee growth trends for Friends Timber Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Friends Timber, 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 Friends Timber'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 Friends Timber

Recent activity within the organization

  • Annual General Meeting

    Friends Timber Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Friends Timber Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

  • Charges

    A charge with Bank Of India of Rs. 235.60 M registered on 09 May 2002 with Charge ID 90160547 was modified on 12 Jun 2020.

  • Director Appointment

    Punit Anand Kohli was appointed as a Director was appointed as a Director on 22 Jan 2009 & has been associated with this company since 16 years 2 months .

  • Director Appointment

    Satish Gangaprasad Jaiswal was appointed as a Director was appointed as a Director on 15 Jul 2006 & has been associated with this company since 18 years 9 months .

  • Charges

    A charge with Bank Of India amounted to Rs. 235.60 M with Charge ID 90160547 was registered on 09 May 2002.

Frequently asked questions

  • What is the Incorporation or founding date of Friends Timber Private Limited?

    Friends Timber Private Limited was incorporated on 25 Feb 1999.

  • What is authorized share capital and paid-up capital of Friends Timber Private Limited?

    The authorized share capital of Friends Timber Private Limited is ₹ 8.00 M and paid-up capital is ₹ 8.00 M.

  • Who are the current board members & directors of Friends Timber Private Limited?

    Currently 3 directors are associated with Friends Timber Private Limited.

    • Satish Gangaprasad Jaiswal
    • Sameer Santoshkumar Jaiswal
    • Punit Anand Kohli
  • What is the registered address of Friends Timber Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Friends Timber Private Limited is Khasara No 72, Vill Kapasi Khurd Bhandara Road India, Nagpur, Maharashtra, 440008.

  • What is the corporate identification number (CIN) and company number of Friends Timber Private Limited?

    The corporate identification number (CIN) of Friends Timber Private Limited is U51431MH1999PTC118529 and the company number is 118529 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Friends Timber Private Limited?

    The Official website of Friends Timber Private Limited is https://www.friendstimber.com

  • What has been the recent revenue trend for Friends Timber Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Friends Timber Private Limited has risen by 28.23%.

  • How many employees does Friends Timber Private Limited currently have?

    As Per 2023 financial reports, 45 employees are currently employed by Friends Timber Private Limited.

  • What change has been observed in the net worth of Friends Timber Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Friends Timber Private Limited has experienced an upsurge of 20.96%.

  • What are the total open charges for Friends Timber Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Friends Timber Private Limited amount to ₹ 23.56 Cr.

  • When was the last Balance Sheet of Friends Timber Private Limited filed with the ROC?

    The most recent Balance Sheet for Friends Timber Private Limited was filed with the ROC on 31 Mar 2023.

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