Mayflower Enterprises Private Limited

Real estate development company with ongoing and completed residential and commercial projects.

1997 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: December 25, 2024

Mayflower Enterprises Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.50 M
  • Company Age 27 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 50.62 Cr
  • Revenue Growth -27.05%
  • Profit Growth 358.58%
  • Ebitda -164.13%
  • Net Worth 15.79%
  • Total Assets 73.11%

About Mayflower Enterprises

Mayflower Enterprises Private Limited (MEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 June 1997 and has a history of 27 years and seven months. Its registered office is in Coimbatore, Tamil Nadu, India.

The Company is engaged in the Real Estate And Construction 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 2.50 M and a paid-up capital of Rs 2.50 M.

The company has closed loans amounting to ₹50.62 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Mohan Meyyammai, Venkatachalam Mohan, Sidharth Mohan, and One other member serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U45201TZ1997PTC007984

  • Company No.

    007984

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Jun 1997

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Real Estate and Construction

What products or services does Mayflower Enterprises Private Limited offer?

Mayflower Enterprises Private Limited offers a wide range of products and services, including Real Estate Agent & Property Dealers, Commercial Property.

Who are the key members and board of directors at Mayflower Enterprises?

Executive Team (1)

Name Designation Appointment Date Status
Venkatachalam Mohan Country flag representing In Managing Director 23-Jun-1997 Current

Board Members (3)

Name Designation Appointment Date Status
Shakthi Vairavan Country flag representing In Additional Director 09-Aug-2024 Current
Mohan Meyyammai Country flag representing In Director 30-Dec-1997 Current
Sidharth Mohan Country flag representing In Director 06-May-2019 Current

Financial Performance of Mayflower Enterprises.

Mayflower Enterprises Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 27.05% decrease. The company also saw a substantial improvement in profitability, with a 358.58% increase in profit. The company's net worth Soared by an impressive increase of 15.79%.

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
-27.05%
Revenue from Operations
-26.13%
Total Assets
73.11%
Profit or Loss
358.58%
Net Worth
15.79%
EBITDA
-164.13%

What is the Ownership and Shareholding Structure of Mayflower Enterprises?

In 2022, Mayflower Enterprises had a promoter holding of 72.20% and a public holding of 27.80%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹506.22 M

Charges Breakdown by Lending Institutions

  • Housing Development Finance Corporation Limited : 35.00 Cr
  • Indian Overseas Bank : 11.00 Cr
  • The Repatriates Cooperative Finance And Development Bank Ltd (Repco Bank Ltd) : 3.50 Cr
  • Axis Bank Limited : 1.12 Cr

Latest Charge Details

Date Lender Amount Status
23 Mar 2018 Axis Bank Limited ₹9.22 M Satisfied
26 Mar 2014 The Repatriates Cooperative Finance And Development Bank Ltd (Repco Bank Ltd) ₹3.50 Cr Satisfied
12 Sep 2013 Housing Development Finance Corporation Limited ₹10.00 Cr Satisfied
27 Mar 2013 Axis Bank Limited ₹2.00 M Satisfied
07 Feb 2013 Housing Development Finance Corporation Limited ₹15.00 Cr Satisfied

How Many Employees Work at Mayflower Enterprises?

Mayflower Enterprises has a workforce of 2 employees as of Apr 01, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mayflower Enterprises, 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 Mayflower Enterprises'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 Mayflower Enterprises

Recent activity within the organization

  • Director Appointment

    Shakthi Vairavan was appointed as a Additional Director was appointed as a Additional Director on 09 Aug 2024 & has been associated with this company since 6 months 6 days .

    09 Aug 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Mayflower Enterprises Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Charges

    A charge registered on 23 Mar 2018 via Charge ID 100203778 with Axis Bank Limited was fully satisfied on 17 Mar 2022.

    17 Mar 2022

  • Charges

    A charge with Axis Bank Limited of Rs. 9.22 M registered on 23 Mar 2018 with Charge ID 100203778 was modified on 08 Oct 2020.

    08 Oct 2020

  • Director Appointment

    Sidharth Venkatachalam Mohan was appointed as a Director was appointed as a Director on 06 May 2019 & has been associated with this company since 5 years 9 months .

    06 May 2019

Frequently asked questions

  • Mayflower Enterprises Private Limited was incorporated on 23 Jun 1997.

  • The authorized share capital of Mayflower Enterprises Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.50 M.

  • Currently 4 directors are associated with Mayflower Enterprises Private Limited.

    • Mohan Meyyammai
    • Venkatachalam Mohan
    • Sidharth Venkatachalam Mohan
    • Shakthi Vairavan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mayflower Enterprises Private Limited is Mayflower 72 Dr. Balasundaram Road Att Colony, India, Coimbatore, Tamil Nadu, 641018.

  • The corporate identification number (CIN) of Mayflower Enterprises Private Limited is U45201TZ1997PTC007984 and the company number is 007984 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mayflower Enterprises Private Limited is https://www.mayflowerenterprises.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Mayflower Enterprises Private Limited has fallen by -27.05%.

  • As Per 2023 financial reports, 2 employees are currently employed by Mayflower Enterprises Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mayflower Enterprises Private Limited has experienced an upsurge of 15.79%.

  • The most recent Balance Sheet for Mayflower Enterprises Private Limited was filed with the ROC on 31 Mar 2023.

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