Newage Credits Private Limited

Newage Credits Private Limited

Wholesale trading of yarn and fabrics.
1994 | South West Delhi, Delhi (India) | Active

Last Updated:

July 15, 2024
HomeCompanyNewage Credits Private Limited

Who are the key members and board of directors at Newage Credits?

Board Members(2)

NameDesignationAppointment DateStatus
Paresh Nayar In Director 24-Apr-1995Current
Varun Lakhwani In Director 25-Apr-2022Current

Financial Performance of Newage Credits.

Newage Credits Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 40% decrease. The company also saw a substantial fall in profitability, with a 247.21% decrease in profit. The company's net worth dipped by a decrease of 0.31%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-40.00%
Revenue from Operations
Total Assets
-0.56%
Profit or Loss
-247.21%
Net Worth
-0.31%
EBITDA
-194.77%

Related Corporates (Common Directorship)

Charges (Loans)

Charges

There are no open charges registered against the company as per our records.

How Many Employees Work at Newage Credits?

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

Employee Graph

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Rating

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Latest Updates, News, and FAQs on Newage Credits

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Newage Credits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Director Appointment

    Varun Lakhwani was appointed as a Director was appointed as a Director on 25 Apr 2022 & has been associated with this company since 2 years 8 months .

    25 Apr 2022

  • Director Appointment

    Paresh Nayar was appointed as a Director was appointed as a Director on 24 Apr 1995 & has been associated with this company since 29 years 8 months .

    24 Apr 1995

  • Company Incorporation

    Newage Credits Private Limited was registered on 07 Dec 1994 with Roc Delhi & aged 30 years 18 days as per MCA records.

    07 Dec 1994

Frequently asked questions

  • Newage Credits Private Limited was incorporated on 07 Dec 1994.

  • The authorized share capital of Newage Credits Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.86 Cr.

  • Currently 2 directors are associated with Newage Credits Private Limited.

    • Varun Lakhwani
    • Paresh Nayar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Newage Credits Private Limited is 6315/C-6/7, Vasant Kunj, New Delhi, India, 110070.

  • The corporate identification number (CIN) of Newage Credits Private Limited is U18100DL1994PTC063261 and the company number is 063261 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Newage Credits Private Limited has fallen by -40.00%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Newage Credits Private Limited has experienced an downturn of -0.31%.

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

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