Speed Auto Service Private Limited

Authorized dealer of Piaggio vehicles, offering various models of scooters, established in 2004.

2004 | Kolkata, West Bengal (India) | Active
Last Updated:

Speed Auto Service Profile

Key Indicators

  • Authorised Capital ₹ 1.05 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 21 Year,
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.39 Cr
  • Revenue Growth -19.52%
  • Profit Growth -80.29%
  • Ebitda -76.85%
  • Net Worth 412.23%
  • Total Assets 18.52%

About Speed Auto Service

Speed Auto Service Private Limited (SASPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 March 2004 and has a history of 21 years. Its registered office is in Kolkata, West Bengal, India.

The Company is engaged in the Automotive 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 1.05 Cr and a paid-up capital of Rs 1.00 Cr.

The company currently has active open charges totaling ₹2.39 Cr.

Atul Makharia and Rina Makharia serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    speedautoservice.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U50300WB2004PTC097992

  • Company No.

    097992

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Mar 2004

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Automotive

What products or services does Speed Auto Service Private Limited offer?

Speed Auto Service Private Limited offers a wide range of products and services, including Scooter, Vespa Scooter, Motor Scooters.

Who are the key members and board of directors at Speed Auto Service?

Board Members (2)

NameDesignationAppointment DateStatus
Atul Makharia Country flag representing In Director 01-Jun-2011Current
Rina Makharia Country flag representing In Additional Director 14-May-2019Current

Financial Performance of Speed Auto Service.

Speed Auto Service Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 19.52% decrease. The company also saw a substantial fall in profitability, with a 80.29% decrease in profit. The company's net worth Soared by an impressive increase of 412.23%.

Speed Auto Service revenue growth over time
Speed Auto Service 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
-19.52%
Revenue from Operations
-22.32%
Total Assets
18.52%
Profit or Loss
-80.29%
Net Worth
412.23%
EBITDA
-76.85%

What is the Ownership and Shareholding Structure of Speed Auto Service?

In 2021, Speed Auto Service had a promoter holding of 71.50% and a public holding of 28.50%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.39 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 2.39 Cr

Latest Charge Details

DateLenderAmountStatus
25 Jun 2018Hdfc Bank Limited₹1.75 CrOpen
19 Apr 2012Hdfc Bank Limited₹6.44 MOpen

How Many Employees Work at Speed Auto Service?

Speed Auto Service has a workforce of 21 employees as of Mar 27, 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.

Employee growth trends for Speed Auto Service Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Speed Auto Service, 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 Speed Auto Service'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 Speed Auto Service

Recent activity within the organization

  • Annual General Meeting

    Speed Auto Service Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Speed Auto Service Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

  • Director Appointment

    Rina Makharia was appointed as a Additional Director was appointed as a Additional Director on 14 May 2019 & has been associated with this company since 5 years 9 months .

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.75 Cr with Charge ID 100188405 was registered on 25 Jun 2018.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.64 Cr with Charge ID 10349623 was registered on 19 Apr 2012.

  • Director Appointment

    Atul Makharia was appointed as a Director was appointed as a Director on 01 Jun 2011 & has been associated with this company since 13 years 9 months .

Frequently asked questions

  • What is the Incorporation or founding date of Speed Auto Service Private Limited?

    Speed Auto Service Private Limited was incorporated on 04 Mar 2004.

  • What is authorized share capital and paid-up capital of Speed Auto Service Private Limited?

    The authorized share capital of Speed Auto Service Private Limited is ₹ 1.05 Cr and paid-up capital is ₹ 1.00 Cr.

  • Who are the current board members & directors of Speed Auto Service Private Limited?

    Currently 2 directors are associated with Speed Auto Service Private Limited.

    • Atul Makharia
    • Rina Makharia

  • What is the registered address of Speed Auto Service Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Speed Auto Service Private Limited is 8 Beckbagan Row Ground Floor India, Kolkata, West Bengal, 700017.

  • What is the corporate identification number (CIN) and company number of Speed Auto Service Private Limited?

    The corporate identification number (CIN) of Speed Auto Service Private Limited is U50300WB2004PTC097992 and the company number is 097992 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Speed Auto Service Private Limited?

    The Official website of Speed Auto Service Private Limited is https://www.speedautoservice.com

  • What has been the recent revenue trend for Speed Auto Service Private Limited?

    According to the financial reports for the fiscal year 2021, the revenue trend for Speed Auto Service Private Limited has fallen by -19.52%.

  • How many employees does Speed Auto Service Private Limited currently have?

    As Per 2021 financial reports, 21 employees are currently employed by Speed Auto Service Private Limited.

  • What change has been observed in the net worth of Speed Auto Service Private Limited, and by what percentage?

    The financial reports for the fiscal year 2021 indicates that The net worth of Speed Auto Service Private Limited has experienced an upsurge of 412.23%.

  • What are the total open charges for Speed Auto Service Private Limited?

    As per the financial statements for fiscal Year 2021, The total open charges for Speed Auto Service Private Limited amount to ₹ 2.39 Cr.

  • When was the last Balance Sheet of Speed Auto Service Private Limited filed with the ROC?

    The most recent Balance Sheet for Speed Auto Service Private Limited was filed with the ROC on 31 Mar 2024.

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