Universal Threads Private Limited

Manufacturer of embroidery threads and textile products, with a plant in Gujarat.

2012 | Surat, Gujarat (India) | Active
Last Updated: November 15, 2024

Universal Threads Profile

Key Indicators

  • Authorised Capital ₹ 6.00 M
  • Paid Up Capital ₹ 4.85 M
  • Company Age 13 Year, 28 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 9.93 Cr
  • Satisfied Charges ₹ 6.88 Cr
  • Revenue Growth 29.62%
  • Profit Growth 12.84%
  • Ebitda 13.48%
  • Net Worth 7.02%
  • Total Assets 9.50%

About Universal Threads

Universal Threads Private Limited (UTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 January 2012 and has a history of 13 years. Its registered office is in Surat, Gujarat, India.

The Company is engaged in the Manufacturing 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 6.00 M and a paid-up capital of Rs 4.85 M.

The company currently has active open charges totaling ₹9.93 Cr. The company has closed loans amounting to ₹6.88 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kanishk Kanungo and Hemant Pungalia serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    universalthreads.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17120GJ2012PTC068790

  • Company No.

    068790

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Jan 2012

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

Who are the key members and board of directors at Universal Threads?

Executive Team (2)

NameDesignationAppointment DateStatus
Kanishk Kanungo Country flag representing In Managing Director27-Jan-2012Current
Hemant Pungalia Country flag representing In Managing Director27-Jan-2012Current

Board Members

People

No Directors or KMP associated with company. Upon reviewing the records, we can confirm that there are no Directors or Key Management Personnel (KMP) associated with this company at present.

Financial Performance of Universal Threads.

Universal Threads Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 29.62% increase. The company also saw a substantial improvement in profitability, with a 12.84% increase in profit. The company's net worth moved up by a moderate rise of 7.02%.

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
29.62%
Revenue from Operations
29.67%
Total Assets
9.50%
Profit or Loss
12.84%
Net Worth
7.02%
EBITDA
13.48%

What is the Ownership and Shareholding Structure of Universal Threads?

In 2023, Universal Threads had a promoter holding of 59.21% and a public holding of 40.79%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹99.29 M

Satisfied Charges

₹68.77 M

Charges Breakdown by Lending Institutions

  • Others : 9.93 Cr

Latest Charge Details

DateLenderAmountStatus
31 Aug 2015Others₹9.93 CrOpen
06 Apr 2012State Bank Of India₹6.88 CrSatisfied

How Many Employees Work at Universal Threads?

Universal Threads has a workforce of 22 employees as of Mar 29, 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 Universal Threads, 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 Universal Threads'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 Universal Threads

Recent activity within the organization

  • Annual General Meeting

    Universal Threads 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 of Rs. 99.29 M registered on 31 Aug 2015 with Charge ID 10591271 was modified on 30 Aug 2024.

    30 Aug 2024

  • Balance Sheet

    Universal Threads Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge registered on 06 Apr 2012 via Charge ID 10347771 with State Bank Of India was fully satisfied on 21 Sep 2015.

    21 Sep 2015

  • Charges

    A charge with Others amounted to Rs. 99.29 M with Charge ID 10591271 was registered on 31 Aug 2015.

    31 Aug 2015

  • Charges

    A charge with State Bank Of India of Rs. 68.77 M registered on 06 Apr 2012 with Charge ID 10347771 was modified on 18 Nov 2014.

    18 Nov 2014

Frequently asked questions

  • Universal Threads Private Limited was incorporated on 27 Jan 2012.

  • The authorized share capital of Universal Threads Private Limited is ₹ 6.00 M and paid-up capital is ₹ 4.85 M.

  • Currently 2 directors are associated with Universal Threads Private Limited.

    • Kanishk Ashok Kanungo
    • Hemant Bhagwandas Pungalia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Universal Threads Private Limited is 208 Super Tex Tower Opp. Kinnary Multiplex Ring Road, India, Surat, Gujarat, 395002.

  • The corporate identification number (CIN) of Universal Threads Private Limited is U17120GJ2012PTC068790 and the company number is 068790 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Universal Threads Private Limited is https://www.universalthreads.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Universal Threads Private Limited has risen by 29.62%.

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

  • The financial reports for the fiscal year 2023 indicates that The net worth of Universal Threads Private Limited has experienced an upsurge of 7.02%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Universal Threads Private Limited amount to ₹ 9.93 Cr.

  • The most recent Balance Sheet for Universal Threads Private Limited was filed with the ROC on 31 Mar 2024.