The Master Clock And Watch Works Private Limited

Renting apartments and trading shares and securities since 1952.

1952 | Mumbai, Maharashtra (India) | Active
Last Updated: October 23, 2024

The Master Clock And Watch Works Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 0.53 M
  • Company Age 72 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 38.64 Cr
  • Satisfied Charges ₹ 27.29 Cr
  • Revenue Growth -10.63%
  • Profit Growth -92.73%
  • Ebitda 329.23%
  • Net Worth 1.56%
  • Total Assets 16.16%

About The Master Clock And Watch Works

The Master Clock And Watch Works Private Limited (TMCAWWPL) was founded in India on 04 March 1952 and has a glorious history of 72 years and 11 months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Master Clock And Watch Works Private Limited. The Company is engaged in the Financial Services 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 2.50 M and a paid-up capital of Rs 0.53 M.

The company currently has active open charges totaling ₹38.64 Cr. The company has closed loans amounting to ₹27.29 Cr, as per Ministry of Corporate Affairs (MCA) records.

Suresh Patel, Rekha Patel, and Nirmal Patel serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U33300MH1952PTC008765

  • Company No.

    008765

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Mar 1952

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services
Travel and Hospitality

Who are the key members and board of directors at The Master Clock And Watch Works?

Board Members (3)

NameDesignationAppointment DateStatus
Suresh Patel Country flag representing In Whole-Time Director 20-Jan-1977Current
Rekha Patel Country flag representing In Director 04-Jul-2019Current
Nirmal Patel Country flag representing In Whole-Time Director 29-Jan-2001Current

Financial Performance of The Master Clock And Watch Works.

The Master Clock And Watch Works Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 10.63% decrease. The company also saw a substantial fall in profitability, with a 92.73% decrease in profit. The company's net worth moved up by a moderate rise of 1.56%.

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
-10.63%
Revenue from Operations
171.35%
Total Assets
16.16%
Profit or Loss
-92.73%
Net Worth
1.56%
EBITDA
329.23%

What is the Ownership and Shareholding Structure of The Master Clock And Watch Works?

In 2023, The Master Clock And Watch Works had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹386.42 M

Satisfied Charges

₹272.90 M

Charges Breakdown by Lending Institutions

  • Others : 25.70 Cr
  • Yes Bank Limited : 7.05 Cr
  • Standard Chartered Bank : 5.89 Cr

Latest Charge Details

DateLenderAmountStatus
12 Aug 2024Others₹2.00 CrOpen
31 Jan 2024Others₹3.00 CrOpen
24 Feb 2023Others₹7.35 CrOpen
10 Mar 2022Others₹9.20 CrOpen
31 Aug 2020Standard Chartered Bank₹8.42 MOpen

How Many Employees Work at The Master Clock And Watch Works?

Unlock and access historical data on people associated with The Master Clock And Watch Works, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of The Master Clock And Watch Works, 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 The Master Clock And Watch Works'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 The Master Clock And Watch Works

Recent activity within the organization

  • Annual General Meeting

    The Master Clock And Watch Works Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 20.00 M with Charge ID 100959152 was registered on 12 Aug 2024.

    12 Aug 2024

  • Balance Sheet

    The Master Clock And Watch Works Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 30.00 M with Charge ID 100860740 was registered on 31 Jan 2024.

    31 Jan 2024

  • Charges

    A charge with Others amounted to Rs. 73.50 M with Charge ID 100691366 was registered on 24 Feb 2023.

    24 Feb 2023

  • Charges

    A charge with Others amounted to Rs. 92.00 M with Charge ID 100553888 was registered on 10 Mar 2022.

    10 Mar 2022

Frequently asked questions

  • The Master Clock And Watch Works Private Limited was incorporated on 04 Mar 1952.

  • The authorized share capital of The Master Clock And Watch Works Private Limited is ₹ 2.50 M and paid-up capital is ₹ 0.53 M.

  • Currently 3 directors are associated with The Master Clock And Watch Works Private Limited.

    • Suresh Ishwarlal Patel
    • Rekha Suresh Patel
    • Nirmal Suresh Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of The Master Clock And Watch Works Private Limited is 124 - A Gokul Arcade Subhash Road Vile Parle (East), India, Mumbai, Maharashtra, 400057.

  • The corporate identification number (CIN) of The Master Clock And Watch Works Private Limited is U33300MH1952PTC008765 and the company number is 008765 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for The Master Clock And Watch Works Private Limited has fallen by -10.63%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of The Master Clock And Watch Works Private Limited has experienced an upsurge of 1.56%.

  • As per the financial statements for fiscal Year 2023, The total open charges for The Master Clock And Watch Works Private Limited amount to ₹ 38.64 Cr.

  • The most recent Balance Sheet for The Master Clock And Watch Works Private Limited was filed with the ROC on 31 Mar 2024.

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