Ability Services Private Limited

Transportation and handling services for various vehicles and goods by road, rail, water, and air.

2009 | Seraikela-Kharsawan, Jharkhand (India) | Active
Last Updated: November 17, 2024

Ability Services Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.96 Cr
  • Company Age 15 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 13.09 Cr
  • Revenue Growth -40.92%
  • Profit Growth -68.38%
  • Ebitda -45.38%
  • Net Worth 2.15%
  • Total Assets 4.54%

About Ability Services

Ability Services Private Limited (ASPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 February 2009 and has a history of 15 years and 11 months. Its registered office is in Seraikela-Kharsawan, Jharkhand, India.

The Corporate was formerly known as Express Exim And Logistic Private Limited. The Company is engaged in the Transport And Logistics 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 1.96 Cr.

The company currently has active open charges totaling ₹13.09 Cr.

Subhash Agarwal, Bina Sharma, and Manoj Sharma serve as directors at the Company.

Company Details

  • Location

    Seraikela-Kharsawan, Jharkhand, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U60231JH2009PTC013491

  • Company No.

    013491

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Feb 2009

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jharkhand

Industry

Transport and Logistics

Who are the key members and board of directors at Ability Services?

Board Members (3)

Name Designation Appointment Date Status
Subhash Agarwal Country flag representing In Additional Director 25-Jun-2021 Current
Bina Sharma Country flag representing In Director 19-Feb-2009 Current
Manoj Sharma Country flag representing In Director 19-Feb-2009 Current

Financial Performance of Ability Services.

Ability Services Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 40.92% decrease. The company also saw a substantial fall in profitability, with a 68.38% decrease in profit. The company's net worth moved up by a moderate rise of 2.15%.

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
-40.92%
Revenue from Operations
-40.94%
Total Assets
4.54%
Profit or Loss
-68.38%
Net Worth
2.15%
EBITDA
-45.38%

What is the Ownership and Shareholding Structure of Ability Services?

In 2023, Ability Services had a promoter holding of 71.91% and a public holding of 28.09%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹13.09 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 9.10 Cr
  • Kotak Mahindra Bank Limited : 2.24 Cr
  • Bank Of Baroda : 0.90 Cr
  • Tata Capital Limited : 0.85 Cr

Latest Charge Details

Date Lender Amount Status
05 Apr 2024 Others ₹2.65 M Open
31 Mar 2024 Others ₹2.39 Cr Open
14 Feb 2024 Others ₹3.00 M Open
25 Jan 2024 Others ₹3.00 M Open
24 Jan 2024 Others ₹1.20 Cr Open

How Many Employees Work at Ability Services?

Ability Services has a workforce of 220 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 Ability Services, 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 Ability Services'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 Ability Services

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 0.27 Cr with Charge ID 100911252 was registered on 05 Apr 2024.

    05 Apr 2024

  • Charges

    A charge with Others amounted to Rs. 2.39 Cr with Charge ID 100908255 was registered on 31 Mar 2024.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 0.30 Cr with Charge ID 100874212 was registered on 14 Feb 2024.

    14 Feb 2024

  • Charges

    A charge with Others amounted to Rs. 0.30 Cr with Charge ID 100863516 was registered on 25 Jan 2024.

    25 Jan 2024

  • Charges

    A charge with Others amounted to Rs. 1.20 Cr with Charge ID 100863644 was registered on 24 Jan 2024.

    24 Jan 2024

  • Charges

    A charge with Others amounted to Rs. 0.75 Cr with Charge ID 100851952 was registered on 31 Dec 2023.

    31 Dec 2023

Frequently asked questions

  • Ability Services Private Limited was incorporated on 19 Feb 2009.

  • The authorized share capital of Ability Services Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.96 Cr.

  • Currently 3 directors are associated with Ability Services Private Limited.

    • Subhash Kumar Agarwal
    • Bina Sharma
    • Manoj Kumar Sharma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ability Services Private Limited is Near Gadi Powder Factory Plot No- 736 Opp. Indian Oil Petrol Pump, Bhilaiphari India, Jamshedpur, Jharkhand, 831012.

  • The corporate identification number (CIN) of Ability Services Private Limited is U60231JH2009PTC013491 and the company number is 013491 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ability Services Private Limited has fallen by -40.92%.

  • As Per 2023 financial reports, 220 employees are currently employed by Ability Services Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ability Services Private Limited has experienced an upsurge of 2.15%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ability Services Private Limited amount to ₹ 13.09 Cr.

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