Precision Cutting Systems Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
as on 02-07-2024
- Paid Up Capital ₹ 0.10 M
as on 02-07-2024
- Company Age 27 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 1.18 Cr
as on 02-07-2024
- Revenue -4.91%
(FY 2022)
- Profit -57.53%
(FY 2022)
- Ebitda -101.49%
(FY 2022)
- Net Worth 2.90%
(FY 2022)
- Total Assets -1.81%
(FY 2022)
About Precision Cutting Systems
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 1.00 M and a paid-up capital of Rs 0.10 M.
The company has closed loans amounting to ₹1.18 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Varsha Patwardhan and Nitin Patwardhan serve as directors at the Company.
- CIN/LLPIN
U28920MH1997PTC111154
- Company No.
111154
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
08 Oct 1997
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Precision Cutting Systems Private Limited offer?
Precision Cutting Systems Private Limited offers a wide range of products and services, including Cutting Machines & Equipment, Paper Cutting Machine, Printing Machinery & Equipment, Printing Machinery Spares, Laptops, PC, Mainframes & Computers, Computer Systems, Industrial Printer, Optical, Laser Instruments & Devices, Visual Inspection Equipment, Paper Work & Making Machine.
Who are the key members and board of directors at Precision Cutting Systems?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nitin Patwardhan  | Whole-Time Director | 08-Oct-1997 | Current |
| Varsha Patwardhan | Whole-Time Director | 01-Dec-2001 | Current |
Financial Performance of Precision Cutting Systems.
Precision Cutting Systems Private Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 4.91% decrease. The company also saw a substantial fall in profitability, with a 57.53% decrease in profit. The company's net worth moved up by a moderate rise of 2.9%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Precision Cutting Systems?
In 2022, Precision Cutting Systems had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Precise Equipments Private LimitedActive 27 years 2 monthsVarsha Patwardhan and Nitin Patwardhan are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Bank Of Maharashtra Creation Date: 28 Dec 2010 | ₹2.16 M | Satisfied |
Hdfc Bank Limited Creation Date: 11 Dec 2010 | ₹4.00 M | Satisfied |
Hdfc Bank Limited Creation Date: 15 Nov 2010 | ₹4.00 M | Satisfied |
How Many Employees Work at Precision Cutting Systems?
Precision Cutting Systems has a workforce of 16 employees as of Apr 10, 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 Precision Cutting Systems, 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 Precision Cutting Systems'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.
