Worthwill Foam India Private Limited

Manufactures rubber foam products, including industrial foams, mattresses, and furniture mattresses.

2014 | Rajkot, Gujarat (India) | Active
Last Updated: October 24, 2024

Worthwill Foam India Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.97 Cr
  • Company Age 10 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.03 Cr
  • Revenue Growth -21.59%
  • Profit Growth -55.23%
  • Ebitda -2.53%
  • Net Worth 30.90%
  • Total Assets 15.68%

About Worthwill Foam India

Worthwill Foam India Private Limited (WFIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 June 2014 and has a history of Ten years and seven months. Its registered office is in Rajkot, Gujarat, India.

The Company is engaged in the Consumer Goods 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 2.00 Cr and a paid-up capital of Rs 1.97 Cr.

The company currently has active open charges totaling ₹4.03 Cr.

Piyushbhai Gambhava and Ankitkumar Savsani serve as directors at the Company.

Company Details

  • Location

    Rajkot, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U36104GJ2014PTC079843

  • Company No.

    079843

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Jun 2014

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Consumer Goods
Manufacturing

What products or services does Worthwill Foam India Private Limited offer?

Worthwill Foam India Private Limited offers a wide range of products and services, including PU Foam, Coir & Jute Mattresses, Foam Mattress, Natural and Synthetic Resins, Synthetic Polymer, Bed Mattress, Foam Sheet.

Who are the key members and board of directors at Worthwill Foam India?

Board Members (2)

Name Designation Appointment Date Status
Piyushbhai Gambhava Country flag representing In Director 22-Jul-2023 Current
Ankitkumar Savsani Country flag representing In Director 27-Dec-2019 Current

Financial Performance of Worthwill Foam India.

Worthwill Foam India Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 21.59% decrease. The company also saw a substantial fall in profitability, with a 55.23% decrease in profit. The company's net worth Soared by an impressive increase of 30.9%.

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
-21.59%
Revenue from Operations
-22.34%
Total Assets
15.68%
Profit or Loss
-55.23%
Net Worth
30.90%
EBITDA
-2.53%

What is the Ownership and Shareholding Structure of Worthwill Foam India?

In 2023, Worthwill Foam India 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

₹4.03 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 4.03 Cr

Latest Charge Details

Date Lender Amount Status
02 Nov 2015 State Bank Of India ₹4.03 Cr Open

How Many Employees Work at Worthwill Foam India?

Unlock and access historical data on people associated with Worthwill Foam India, 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 Worthwill Foam India, 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 Worthwill Foam India'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 Worthwill Foam India

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Director Appointment

    Piyushbhai Mansukhbhai Gambhava was appointed as a Director was appointed as a Director on 22 Jul 2023 & has been associated with this company since 1 year 6 months .

    22 Jul 2023

  • Balance Sheet

    Worthwill Foam India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with State Bank Of India of Rs. 4.03 Cr registered on 02 Nov 2015 with Charge ID 10601561 was modified on 31 Jan 2023.

    31 Jan 2023

  • Director Appointment

    Ankitkumar Manaharlal Savsani was appointed as a Director was appointed as a Director on 27 Dec 2019 & has been associated with this company since 5 years 1 month .

    27 Dec 2019

  • Charges

    A charge with State Bank Of India amounted to Rs. 4.03 Cr with Charge ID 10601561 was registered on 02 Nov 2015.

    02 Nov 2015

Frequently asked questions

  • Worthwill Foam India Private Limited was incorporated on 19 Jun 2014.

  • The authorized share capital of Worthwill Foam India Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.97 Cr.

  • Currently 2 directors are associated with Worthwill Foam India Private Limited.

    • Piyushbhai Mansukhbhai Gambhava
    • Ankitkumar Manaharlal Savsani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Worthwill Foam India Private Limited is Sr No. 302/15/1, Village ; Bedi Kotharia Main Road India, Rajkot, Gujarat, 363650.

  • The corporate identification number (CIN) of Worthwill Foam India Private Limited is U36104GJ2014PTC079843 and the company number is 079843 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Worthwill Foam India Private Limited is https://www.worthwill.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Worthwill Foam India Private Limited has fallen by -21.59%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Worthwill Foam India Private Limited has experienced an upsurge of 30.90%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Worthwill Foam India Private Limited amount to ₹ 4.03 Cr.

  • The most recent Balance Sheet for Worthwill Foam India Private Limited was filed with the ROC on 31 Mar 2023.

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