Michaels Hospitality Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
as on 27-12-2024
- Paid Up Capital ₹ 8.90 M
as on 27-12-2024
- Company Age 17 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 7.00 Cr
as on 27-12-2024
- Revenue -81.58%
(FY 2023)
- Profit -155.07%
(FY 2023)
- Ebitda -41.67%
(FY 2023)
- Net Worth -134.64%
(FY 2023)
- Total Assets -5.56%
(FY 2023)
About Michaels Hospitality
The Company is engaged in the Travel And Hospitality 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 1.00 Cr and a paid-up capital of Rs 8.90 M.
The company currently has active open charges totaling ₹7.00 Cr.
Sherry Joseph, Smita Ambani, Chandrakant Ambani, and Two other members serve as directors at the Company.
- CIN/LLPIN
U55101KL2007PTC021366
- Company No.
021366
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
30 Oct 2007
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ernakulam
Industry
Company Details
- Location
Alappuzha, Kerala, India
- Telephone
- Email Address
- Website
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- Social Media-
What products or services does Michaels Hospitality Private Limited offer?
Michaels Hospitality Private Limited offers a wide range of products and services, including Hotel Bookings, Hotels Accommodation Service, Air-conditioned Deluxe Rooms, Corporate Events & Party Organizers, Wedding-Event Management Service, Beauty Services, Beauty Salons.
Who are the key members and board of directors at Michaels Hospitality?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sherry Joseph  | Managing Director | 30-Oct-2007 | Current |
Board Members(4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Smita Ambani | Director | 02-Dec-2015 | Current |
| Chandrakant Ambani | Additional Director | 06-Feb-2017 | Current |
| Jerry Michel | Additional Director | 20-Aug-2022 | Current |
| Jophu Joseph | Additional Director | 20-Aug-2022 | Current |
Financial Performance of Michaels Hospitality.
Michaels Hospitality Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 81.58% decrease. The company also saw a substantial fall in profitability, with a 155.07% decrease in profit. The company's net worth observed a substantial decline by a decrease of 134.64%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Michaels Hospitality?
In 2023, Michaels Hospitality had a public holding of 20.30%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
The Federal Bank Ltd Creation Date: 17 Aug 2011 | ₹7.00 Cr | Open |
How Many Employees Work at Michaels Hospitality?
Michaels Hospitality has a workforce of 14 employees as of Apr 04, 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 Michaels Hospitality, 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 Michaels Hospitality'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.
