Honey Spark Erosion Private Limited

Produces electronic components and dies for various industries.

1995 | Ludhiana, Punjab (India) | Active
Last Updated:

Honey Spark Erosion Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 1.10 M
  • Company Age 29 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.80 M
  • Satisfied Charges ₹ 1.30 M
  • Revenue Growth 24.25%
  • Profit Growth -35.05%
  • Ebitda 277.56%
  • Net Worth 1.40%
  • Total Assets 5.12%

About Honey Spark Erosion

Honey Spark Erosion Private Limited (HSEPL) is a Private Limited Indian Non-Government Company incorporated in India on 07 July 1995 and has a history of 29 years and eight months. Its registered office is in Ludhiana, Punjab, 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 2024. It's a company limited by shares with an authorized capital of Rs 1.50 M and a paid-up capital of Rs 1.10 M.

The company currently has active open charges totaling ₹4.80 M. The company has closed loans amounting to ₹1.30 M, as per Ministry of Corporate Affairs (MCA) records.

Rajeev Mittal, Sandeep Mittal, Suman Mittal, and One other member 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

    U32109PB1995PTC016740

  • Company No.

    016740

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Jul 1995

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Consumer Electronics & Durables
Manufacturing

Who are the key members and board of directors at Honey Spark Erosion?

Board Members (4)

NameDesignationAppointment DateStatus
Rajeev Mittal Country flag representing In Director 07-Jul-1995Current
Sandeep Mittal Country flag representing In Director 07-Jul-1995Current
Suman Mittal Country flag representing In Director 01-Nov-2013Current
Pratima Mittal Country flag representing In Director 01-Nov-2013Current

Financial Performance of Honey Spark Erosion.

Honey Spark Erosion Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 24.25% increase. The company also saw a substantial fall in profitability, with a 35.05% decrease in profit. The company's net worth moved up by a moderate rise of 1.4%.

Honey Spark Erosion revenue growth over time
Honey Spark Erosion 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
24.25%
Revenue from Operations
24.26%
Total Assets
5.12%
Profit or Loss
-35.05%
Net Worth
1.40%
EBITDA
277.56%

What is the Ownership and Shareholding Structure of Honey Spark Erosion?

In 2021, Honey Spark Erosion 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

₹4.80 M

Satisfied Charges

₹1.30 M

Charges Breakdown by Lending Institutions

  • Others : 0.30 Cr
  • Central Bank Of India : 0.18 Cr

Latest Charge Details

DateLenderAmountStatus
15 Feb 2022Others₹3.00 MOpen
03 Feb 1999Central Bank Of India₹1.80 MOpen
08 Apr 2014Small Industries Development Bank Of India₹1.30 MSatisfied

How Many Employees Work at Honey Spark Erosion?

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

Employee growth trends for Honey Spark Erosion Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Honey Spark Erosion, 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 Honey Spark Erosion'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 Honey Spark Erosion

Recent activity within the organization

  • Annual General Meeting

    Honey Spark Erosion Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Honey Spark Erosion Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

  • Charges

    A charge with Others amounted to Rs. 3.00 M with Charge ID 100544004 was registered on 15 Feb 2022.

  • Charges

    A charge registered on 08 Apr 2014 via Charge ID 10489147 with Small Industries Development Bank Of India was fully satisfied on 27 Jun 2017.

  • Charges

    A charge with Small Industries Development Bank Of India amounted to Rs. 1.30 M with Charge ID 10489147 was registered on 08 Apr 2014.

  • Director Appointment

    Suman Mittal was appointed as a Director was appointed as a Director on 01 Nov 2013 & has been associated with this company since 11 years 4 months .

Frequently asked questions

  • What is the Incorporation or founding date of Honey Spark Erosion Private Limited?

    Honey Spark Erosion Private Limited was incorporated on 07 Jul 1995.

  • What is authorized share capital and paid-up capital of Honey Spark Erosion Private Limited?

    The authorized share capital of Honey Spark Erosion Private Limited is ₹ 1.50 M and paid-up capital is ₹ 1.10 M.

  • Who are the current board members & directors of Honey Spark Erosion Private Limited?

    Currently 4 directors are associated with Honey Spark Erosion Private Limited.

    • Rajeev Kumar Mittal
    • Sandeep Kumar Mittal
    • Suman Mittal
    • Pratima Mittal
  • What is the registered address of Honey Spark Erosion Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Honey Spark Erosion Private Limited is F 63 Phase Vii, India, Ludhiana, Punjab, 141010.

  • What is the corporate identification number (CIN) and company number of Honey Spark Erosion Private Limited?

    The corporate identification number (CIN) of Honey Spark Erosion Private Limited is U32109PB1995PTC016740 and the company number is 016740 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Honey Spark Erosion Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Honey Spark Erosion Private Limited has risen by 24.25%.

  • What change has been observed in the net worth of Honey Spark Erosion Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Honey Spark Erosion Private Limited has experienced an upsurge of 1.40%.

  • What are the total open charges for Honey Spark Erosion Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Honey Spark Erosion Private Limited amount to ₹ 4.80 M.

  • When was the last Balance Sheet of Honey Spark Erosion Private Limited filed with the ROC?

    The most recent Balance Sheet for Honey Spark Erosion Private Limited was filed with the ROC on 31 Mar 2024.