Always Better Solutions Private Limited

Software design, development, customization, implementation, maintenance, testing, and distribution.

2020 | Kottayam, Kerala (India) | Active
Last Updated: December 15, 2024

Always Better Solutions Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 1.18 M
  • Company Age 4 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 4.59 M
  • Revenue Growth -64.94%
  • Profit Growth 6.09%
  • Ebitda 7.03%
  • Net Worth -17.91%
  • Total Assets -17.82%

About Always Better Solutions

Always Better Solutions Private Limited (ABSPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 15 June 2020 (Four years and eight months 10 days old ). Its registered office is in Kottayam, Kerala, India.

The Company is engaged in the Information Technology 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 1.50 M and a paid-up capital of Rs 1.18 M.

The company has closed loans amounting to ₹4.59 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Balaji Krishnan, Sunny Joseph, Sandyasri Balaji, and Four other members serve as directors at the Company.

Company Details

  • Location

    Kottayam, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    seaa.co.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72900KL2020PTC062415

  • Company No.

    062415

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Jun 2020

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Information Technology

Who are the key members and board of directors at Always Better Solutions?

Board Members (7)

NameDesignationAppointment DateStatus
Balaji Krishnan Country flag representing In Director 15-Jun-2020Current
Sunny Joseph Country flag representing In Director 25-Nov-2020Current
Sandyasri Balaji Country flag representing In Director 15-Jun-2020Current
Gogi George Country flag representing In Director 24-Jul-2021Current
Sankarannair Vijayarajan Country flag representing In Director 03-Jul-2020Current
Nampurackal Sreejith Country flag representing In Director 24-Jul-2021Current

Financial Performance of Always Better Solutions.

Always Better Solutions Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 64.94% decrease. The company also saw a slight improvement in profitability, with a 6.09% increase in profit. The company's net worth observed a substantial decline by a decrease of 17.91%.

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
-64.94%
Revenue from Operations
Total Assets
-17.82%
Profit or Loss
6.09%
Net Worth
-17.91%
EBITDA
7.03%

What is the Ownership and Shareholding Structure of Always Better Solutions?

In 2023, Always Better Solutions had a public holding of 71.19%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹4.59 M

Charges Breakdown by Lending Institutions

  • Canara Bank : 0.46 Cr

Latest Charge Details

DateLenderAmountStatus
06 Oct 2020Canara Bank₹0.81 MSatisfied
06 Oct 2020Canara Bank₹0.81 MSatisfied
06 Oct 2020Canara Bank₹0.72 MSatisfied
16 Sep 2020Canara Bank₹2.25 MSatisfied

How Many Employees Work at Always Better Solutions?

Always Better Solutions has a workforce of 0 employees as of Apr 05, 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 Always Better Solutions, 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 Always Better Solutions'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 Always Better Solutions

Recent activity within the organization

  • Annual General Meeting

    Always Better Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Always Better Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.

    31 Mar 2024

  • Director Appointment

    Gogi George was appointed as a Director was appointed as a Director on 24 Jul 2021 & has been associated with this company since 3 years 7 months .

    24 Jul 2021

  • Director Appointment

    Nampurackal Chandramohanan Sreejith was appointed as a Director was appointed as a Director on 24 Jul 2021 & has been associated with this company since 3 years 7 months .

    24 Jul 2021

  • Director Appointment

    Visakh Muraleedharan was appointed as a Director was appointed as a Director on 24 Jul 2021 & has been associated with this company since 3 years 7 months .

    24 Jul 2021

  • Charges

    A charge registered on 06 Oct 2020 via Charge ID 100377903 with Canara Bank was fully satisfied on 31 Mar 2021.

    31 Mar 2021

Frequently asked questions

  • Always Better Solutions Private Limited was incorporated on 15 Jun 2020.

  • The authorized share capital of Always Better Solutions Private Limited is ₹ 1.50 M and paid-up capital is ₹ 1.18 M.

  • Currently 7 directors are associated with Always Better Solutions Private Limited.

    • Balaji Krishnan
    • Sunny Joseph
    • Sandyasri Balaji
    • Gogi George
    • Sankarannair Vijayarajan
    • Nampurackal Chandramohanan Sreejith
    • Visakh Muraleedharan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Always Better Solutions Private Limited is Sreekrishna Gardens Vayaskara Hills, Kacheri Kadavu India, Kottayam, Kerala, 686001.

  • The corporate identification number (CIN) of Always Better Solutions Private Limited is U72900KL2020PTC062415 and the company number is 062415 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Always Better Solutions Private Limited is https://www.seaa.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Always Better Solutions Private Limited has fallen by -64.94%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Always Better Solutions Private Limited has experienced an downturn of -17.91%.

  • The most recent Balance Sheet for Always Better Solutions Private Limited was filed with the ROC on 31 Mar 2024.

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