Speedworks Auto Private Limited

Auto sales, maintenance, repair, and trading of vehicles and parts.

2021 | Lucknow, Uttar Pradesh (India) | Active
Last Updated: November 07, 2024

Speedworks Auto Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 3 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 13.15 Cr
  • Revenue Growth 433.32%
  • Profit Growth -120.04%
  • Ebitda 80.77%
  • Net Worth -256.55%
  • Total Assets 32.61%

About Speedworks Auto

Speedworks Auto Private Limited (SAPL) is a Private Limited Indian Non-Government Company incorporated in India on 04 June 2021 (Three years and eight months 7 days old ). Its registered office is in Lucknow, Uttar Pradesh, 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 2023. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 1.00 M.

The company currently has active open charges totaling ₹13.15 Cr.

Divij Narain and Vidit Narain serve as directors at the Company.

Company Details

  • Location

    Lucknow, Uttar Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U50400UP2021PTC146919

  • Company No.

    146919

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Jun 2021

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kanpur

Industry

Automotive

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

Board Members (2)

Name Designation Appointment Date Status
Divij Narain Country flag representing In Director 04-Jun-2021 Current
Vidit Narain Country flag representing In Director 04-Jun-2021 Current

Financial Performance of Speedworks Auto.

Speedworks Auto Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 433.32% increase. The company also saw a substantial fall in profitability, with a 120.04% decrease in profit. The company's net worth observed a substantial decline by a decrease of 256.55%.

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
433.32%
Revenue from Operations
431.20%
Total Assets
32.61%
Profit or Loss
-120.04%
Net Worth
-256.55%
EBITDA
80.77%

What is the Ownership and Shareholding Structure of Speedworks Auto?

Unlock access to Speedworks Auto's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹131.50 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 13.15 Cr

Latest Charge Details

Date Lender Amount Status
03 Dec 2021 Hdfc Bank Limited ₹13.15 Cr Open

How Many Employees Work at Speedworks Auto?

Speedworks Auto has a workforce of 22 employees as of Apr 07, 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 Speedworks Auto, 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 Speedworks Auto'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 Speedworks Auto

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Speedworks Auto Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kanpur.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 131.50 M registered on 03 Dec 2021 with Charge ID 100509972 was modified on 17 Dec 2022.

    17 Dec 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 131.50 M with Charge ID 100509972 was registered on 03 Dec 2021.

    03 Dec 2021

  • Director Appointment

    Divij Narain was appointed as a Director was appointed as a Director on 04 Jun 2021 & has been associated with this company since 3 years 8 months .

    04 Jun 2021

  • Director Appointment

    Vidit Narain was appointed as a Director was appointed as a Director on 04 Jun 2021 & has been associated with this company since 3 years 8 months .

    04 Jun 2021

Frequently asked questions

  • Speedworks Auto Private Limited was incorporated on 04 Jun 2021.

  • The authorized share capital of Speedworks Auto Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Currently 2 directors are associated with Speedworks Auto Private Limited.

    • Divij Narain
    • Vidit Narain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Speedworks Auto Private Limited is 12.2 Kms Faizabad Road Ganeshpur Rehmanpur, Chinhat India, Lucknow, Uttar Pradesh, 226001.

  • The corporate identification number (CIN) of Speedworks Auto Private Limited is U50400UP2021PTC146919 and the company number is 146919 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Speedworks Auto Private Limited has risen by 433.32%.

  • As Per 2023 financial reports, 22 employees are currently employed by Speedworks Auto Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Speedworks Auto Private Limited has experienced an downturn of -256.55%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Speedworks Auto Private Limited amount to ₹ 13.15 Cr.

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