Best Barcode System Private Limited

Provider of barcode labeling solutions and equipment for various industries since 1994.

1994 | Delhi (India) | Active
Last Updated: January 11, 2025

Best Barcode System Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 30 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.25 Cr
  • Satisfied Charges ₹ 6.50 Cr
  • Revenue Growth -10.96%
  • Profit Growth 1.35%
  • Ebitda 478.89%
  • Net Worth 14.31%
  • Total Assets 28.16%

About Best Barcode System

Best Barcode System Private Limited (BBSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 August 1994 and has a history of 30 years and six months. Its registered office is in Delhi, India.

The Corporate was formerly known as Ultimate Systems Private Limited. 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 5.00 M and a paid-up capital of Rs 5.00 M.

The company currently has active open charges totaling ₹4.25 Cr. The company has closed loans amounting to ₹6.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Anil Jain, Kiran Jain, Akshat Jain, and One other member serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U74899DL1994PTC060856

  • Company No.

    060856

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Aug 1994

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Information Technology

What products or services does Best Barcode System Private Limited offer?

Best Barcode System Private Limited offers a wide range of products and services, including Office Automation Products & Devices, Barcode Scanners, Electric Circuit Components & Spares, RFID, Security & Inspection Devices, Security Tag, Labels: Adhesive, Fabric & Metal, Labels, Printing Machinery & Equipment, Thermal Printer.

Who are the key members and board of directors at Best Barcode System?

Board Members (4)

Name Designation Appointment Date Status
Anil Jain Country flag representing In Director 11-Aug-1994 Current
Anekant Jain Country flag representing In Director 17-Feb-2017 Current
Akshat Jain Country flag representing In Director 17-Feb-2017 Current
Kiran Jain Country flag representing In Director 11-Aug-1994 Current

Financial Performance of Best Barcode System.

Best Barcode System Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 10.96% decrease. The company also saw a slight improvement in profitability, with a 1.35% increase in profit. The company's net worth Soared by an impressive increase of 14.31%.

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
-10.96%
Revenue from Operations
-10.11%
Total Assets
28.16%
Profit or Loss
1.35%
Net Worth
14.31%
EBITDA
478.89%

What is the Ownership and Shareholding Structure of Best Barcode System?

Unlock access to Best Barcode System's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹42.50 M

Satisfied Charges

₹64.95 M

Charges Breakdown by Lending Institutions

  • Others : 4.25 Cr

Latest Charge Details

Date Lender Amount Status
25 Sep 2024 Others ₹4.25 Cr Open
17 Jul 2020 Axis Bank Limited ₹3.85 M Satisfied
28 Feb 2019 Axis Bank Limited ₹3.34 Cr Satisfied
31 Oct 2015 Icici Bank Limited ₹1.35 Cr Satisfied
15 Nov 2014 Axis Bank Limited ₹8.50 M Satisfied

How Many Employees Work at Best Barcode System?

Best Barcode System has a workforce of 19 employees as of Apr 08, 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 Best Barcode System, 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 Best Barcode System'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 Best Barcode System

Recent activity within the organization

  • Annual General Meeting

    Best Barcode System 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. 42.50 M with Charge ID 101002631 was registered on 25 Sep 2024.

    25 Sep 2024

  • Charges

    A charge registered on 17 Jul 2020 via Charge ID 100356737 with Axis Bank Limited was fully satisfied on 11 Sep 2024.

    11 Sep 2024

  • Charges

    A charge registered on 28 Feb 2019 via Charge ID 100242398 with Axis Bank Limited was fully satisfied on 04 Sep 2024.

    04 Sep 2024

  • Balance Sheet

    Best Barcode System Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Charges

    A charge with Axis Bank Limited of Rs. 33.40 M registered on 28 Feb 2019 with Charge ID 100242398 was modified on 27 May 2022.

    27 May 2022

Frequently asked questions

  • Best Barcode System Private Limited was incorporated on 11 Aug 1994.

  • The authorized share capital of Best Barcode System Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

  • Currently 4 directors are associated with Best Barcode System Private Limited.

    • Anil Kumar Jain
    • Kiran Jain
    • Akshat Jain
    • Anekant Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Best Barcode System Private Limited is C-1/3 Iind Floormadhu Vihar Patparganj India, New Delhi, 110092.

  • The corporate identification number (CIN) of Best Barcode System Private Limited is U74899DL1994PTC060856 and the company number is 060856 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Best Barcode System Private Limited is https://www.bestbarcodeworld.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Best Barcode System Private Limited has fallen by -10.96%.

  • As Per 2023 financial reports, 19 employees are currently employed by Best Barcode System Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Best Barcode System Private Limited has experienced an upsurge of 14.31%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Best Barcode System Private Limited amount to ₹ 4.25 Cr.

  • The most recent Balance Sheet for Best Barcode System Private Limited was filed with the ROC on 31 Mar 2024.