Nate Commercial Laundry Equipment Private Limited

Specializes in trading laundry equipment from top brands since 2012.

2012 | Chennai, Tamil Nadu (India) | Active
Last Updated: July 31, 2024

Nate Commercial Laundry Equipment Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.05 Cr
  • Company Age 12 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 6.00 M
  • Revenue Growth 74.91%
  • Profit Growth 69.03%
  • Ebitda 122.59%
  • Net Worth -17.80%
  • Total Assets -12.09%

About Nate Commercial Laundry Equipment

Nate Commercial Laundry Equipment Private Limited (NCLEPL) is a Private Limited Indian Non-Government Company incorporated in India on 11 December 2012 and has a history of 12 years and one month. Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Machinery And Equipment 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 5.00 Cr and a paid-up capital of Rs 4.05 Cr.

The company currently has active open charges totaling ₹6.00 M.

Ramakrishnan Ravichandiran and Sathiya serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U36109TN2012PTC088912

  • Company No.

    088912

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Dec 2012

  • Date of AGM

    27 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Machinery and Equipment

What products or services does Nate Commercial Laundry Equipment Private Limited offer?

Nate Commercial Laundry Equipment Private Limited offers a wide range of products and services, including Industrial Washing Machine, Laundry Dryer, Commercial Washing Machine, Dryers & Evaporators, Dryers, Horizontal Washing Machine, Machines & Equipments, Industrial Washer Extractor, Electric Dryer.

Who are the key members and board of directors at Nate Commercial Laundry Equipment?

Board Members (2)

Name Designation Appointment Date Status
Ramakrishnan Ravichandiran Country flag representing In Director 11-Dec-2012 Current
Sathiya Country flag representing In Director 22-Aug-2014 Current

Financial Performance of Nate Commercial Laundry Equipment.

Nate Commercial Laundry Equipment Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 74.91% increase. The company also saw a substantial improvement in profitability, with a 69.03% increase in profit. The company's net worth observed a substantial decline by a decrease of 17.8%.

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
74.91%
Revenue from Operations
74.42%
Total Assets
-12.09%
Profit or Loss
69.03%
Net Worth
-17.80%
EBITDA
122.59%

What is the Ownership and Shareholding Structure of Nate Commercial Laundry Equipment?

In 2023, Nate Commercial Laundry Equipment had a promoter holding of 60.25% and a public holding of 39.76%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.60 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 0.60 Cr

Latest Charge Details

Date Lender Amount Status
07 May 2018 Others ₹6.00 M Open

How Many Employees Work at Nate Commercial Laundry Equipment?

Nate Commercial Laundry Equipment has a workforce of 9 employees as of Apr 02, 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 Nate Commercial Laundry Equipment, 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 Nate Commercial Laundry Equipment'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 Nate Commercial Laundry Equipment

Recent activity within the organization

  • Annual General Meeting

    Nate Commercial Laundry Equipment Private Limited last Annual general meeting of members was held on 27 Sep 2023 as per latest MCA records.

    27 Sep 2023

  • Balance Sheet

    Nate Commercial Laundry Equipment Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 0.60 Cr with Charge ID 100194431 was registered on 07 May 2018.

    07 May 2018

  • Director Appointment

    Sathiya was appointed as a Director was appointed as a Director on 22 Aug 2014 & has been associated with this company since 10 years 5 months .

    22 Aug 2014

  • Director Appointment

    Ramakrishnan Ravichandiran was appointed as a Director was appointed as a Director on 11 Dec 2012 & has been associated with this company since 12 years 1 month .

    11 Dec 2012

  • Company Incorporation

    Nate Commercial Laundry Equipment Private Limited was registered on 11 Dec 2012 with Roc Chennai & aged 12 years 1 month as per MCA records.

    11 Dec 2012

Frequently asked questions

  • Nate Commercial Laundry Equipment Private Limited was incorporated on 11 Dec 2012.

  • The authorized share capital of Nate Commercial Laundry Equipment Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.05 Cr.

  • Currently 2 directors are associated with Nate Commercial Laundry Equipment Private Limited.

    • Ramakrishnan Ravichandiran
    • Sathiya
  • As per Ministry of Corporate Affairs (Mca), the registered address of Nate Commercial Laundry Equipment Private Limited is D-20 Ambattur Industrial Estate Ambattur, Chennai, Tamil Nadu, India, 600058.

  • The corporate identification number (CIN) of Nate Commercial Laundry Equipment Private Limited is U36109TN2012PTC088912 and the company number is 088912 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Nate Commercial Laundry Equipment Private Limited is https://www.natelaundry.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Nate Commercial Laundry Equipment Private Limited has risen by 74.91%.

  • As Per 2023 financial reports, 9 employees are currently employed by Nate Commercial Laundry Equipment Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Nate Commercial Laundry Equipment Private Limited has experienced an downturn of -17.80%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Nate Commercial Laundry Equipment Private Limited amount to ₹ 6.00 M.

  • The most recent Balance Sheet for Nate Commercial Laundry Equipment Private Limited was filed with the ROC on 31 Mar 2023.

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