Spads Textiles Limited

Produces cotton yarn at manufacturing unit in Andhra Pradesh, established in 2005.

2005 | Hyderabad, Telangana (India) | Under Liquidation
Last Updated: April 23, 2024

Who are the key members and board of directors at Spads Textiles?

Board Members (3)

NameDesignationAppointment DateStatus
Venkata Medisetty Country flag representing In Additional Director 25-Mar-2013Current
Medisetty Ramana Country flag representing In Additional Director 25-Mar-2013Current
Siva Medisetty Country flag representing In Director 02-Oct-2013Current

Financial Performance of Spads Textiles.

Spads Textiles Limited, for the financial year ended 2015, experienced significant reduction in revenue, with a 12.22% decrease. The company also saw a substantial improvement in profitability, with a 102.6% increase in profit. The company's net worth Soared by an impressive increase of 75.84%.

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
-12.22%
Revenue from Operations
-13.14%
Total Assets
9.80%
Profit or Loss
102.60%
Net Worth
75.84%
EBITDA
8983.71%

Charges (Loans)

Open Charges

₹18.04 Cr

Satisfied Charges

₹3.00 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 18.04 Cr

Latest Charge Details

DateLenderAmountStatus
13 Oct 2006State Bank Of India₹18.04 CrOpen
15 Sep 2012State Bank Of India₹3.00 CrSatisfied

How Many Employees Work at Spads Textiles?

Spads Textiles has a workforce of 2 employees as of Apr 11, 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

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Latest Updates, News, and FAQs on Spads Textiles

Recent activity within the organization

  • Annual General Meeting

    Spads Textiles Limited last Annual general meeting of members was held on 30 Sep 2015 as per latest MCA records.

    30 Sep 2015

  • Balance Sheet

    Spads Textiles Limited has filed its annual Financial statements for the year ended 31 Mar 2015 with Roc Hyderabad.

    31 Mar 2015

  • Charges

    A charge with State Bank Of India of Rs. 18.04 Cr registered on 13 Oct 2006 with Charge ID 10046056 was modified on 25 Feb 2015.

    25 Feb 2015

  • Charges

    A charge registered on 15 Sep 2012 via Charge ID 10381679 with State Bank Of India was fully satisfied on 12 Jun 2014.

    12 Jun 2014

  • Director Appointment

    Siva Nagendramma Medisetty was appointed as a Director was appointed as a Director on 02 Oct 2013 & has been associated with this company since 11 years 3 months .

    02 Oct 2013

  • Director Appointment

    Medisetty Venkata Ramana was appointed as a Additional Director was appointed as a Additional Director on 25 Mar 2013 & has been associated with this company since 11 years 10 months .

    25 Mar 2013

Frequently asked questions

  • Spads Textiles Limited was incorporated on 25 Nov 2005.

  • The authorized share capital of Spads Textiles Limited is ₹ 17.00 Cr and paid-up capital is ₹ 16.95 Cr.

  • Currently 3 directors are associated with Spads Textiles Limited.

    • Venkata Rattaiah Medisetty
    • Medisetty Venkata Ramana
    • Siva Nagendramma Medisetty
  • As per Ministry of Corporate Affairs (Mca), the registered address of Spads Textiles Limited is 5 4 726 Station Road, Nampally, Hyderabad, Telangana, India, 500001.

  • The corporate identification number (CIN) of Spads Textiles Limited is U17110TG2005PLC048188 and the company number is 048188 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2015, the revenue trend for Spads Textiles Limited has fallen by -12.22%.

  • As Per 2015 financial reports, 2 employees are currently employed by Spads Textiles Limited.

  • The financial reports for the fiscal year 2015 indicates that The net worth of Spads Textiles Limited has experienced an upsurge of 75.84%.

  • As per the financial statements for fiscal Year 2015, The total open charges for Spads Textiles Limited amount to ₹ 18.04 Cr.

  • The most recent Balance Sheet for Spads Textiles Limited was filed with the ROC on 31 Mar 2015.

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