Clockwork Business Solutions Private Limited

Founded in 2003 and headquartered in Karnataka, India.

2003 | Bangaluru, Karnataka (India) | Active
Last Updated: November 16, 2024

Clockwork Business Solutions Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 7.50 M
  • Company Age 21 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 9.25 M
  • Revenue Growth -10.15%
  • Profit Growth -53.16%
  • Ebitda -49.47%
  • Net Worth 13.72%
  • Total Assets -2.13%

About Clockwork Business Solutions

Clockwork Business Solutions Private Limited (CBSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 10 November 2003 and has a history of 21 years and two months. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Clockwork 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 3.00 Cr and a paid-up capital of Rs 7.50 M.

The company has closed loans amounting to ₹9.25 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.


Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200KA2003PTC032836

  • Company No.

    032836

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Nov 2003

  • Date of AGM

    19 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

What products or services does Clockwork Business Solutions Private Limited offer?

Clockwork Business Solutions Private Limited offers a wide range of products and services, including Business Planning and Management, Business Consultant, Software Development & IT Consultant, ERP Solutions, IT, Networking & Automation Solution, IT Solutions, Computer and Mobile Softwares & Apps, ERP Packages, IT Consultancy, Computer & Mobile Apps Development.

Who are the key members and board of directors at Clockwork Business Solutions?

Executive Team (1)

Name Designation Appointment Date Status
Devindra Mankare Country flag representing In Managing Director 27-Jul-2009 Current

Board Members (1)

Name Designation Appointment Date Status
Aishwarya Mankare Country flag representing In Director 02-Nov-2021 Current

Financial Performance of Clockwork Business Solutions.

Clockwork Business Solutions Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 10.15% decrease. The company also saw a substantial fall in profitability, with a 53.16% decrease in profit. The company's net worth Soared by an impressive increase of 13.72%.

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
-10.15%
Revenue from Operations
-9.97%
Total Assets
-2.13%
Profit or Loss
-53.16%
Net Worth
13.72%
EBITDA
-49.47%

What is the Ownership and Shareholding Structure of Clockwork Business Solutions?

In 2023, Clockwork Business Solutions 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

₹0

Satisfied Charges

₹0.92 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 0.92 Cr

Latest Charge Details

Date Lender Amount Status
22 Dec 2017 Axis Bank Limited ₹9.25 M Satisfied

How Many Employees Work at Clockwork Business Solutions?

Clockwork Business Solutions has a workforce of 19 employees as of Apr 09, 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 Clockwork Business 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 Clockwork Business 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 Clockwork Business Solutions

Recent activity within the organization

  • Annual General Meeting

    Clockwork Business Solutions Private Limited last Annual general meeting of members was held on 19 Sep 2024 as per latest MCA records.

    19 Sep 2024

  • Balance Sheet

    Clockwork Business Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge registered on 22 Dec 2017 via Charge ID 100145956 with Axis Bank Limited was fully satisfied on 15 Jul 2023.

    15 Jul 2023

  • Director Appointment

    Aishwarya Mankare was appointed as a Director was appointed as a Director on 02 Nov 2021 & has been associated with this company since 3 years 3 months .

    02 Nov 2021

  • Charges

    A charge with Axis Bank Limited of Rs. 0.92 Cr registered on 22 Dec 2017 with Charge ID 100145956 was modified on 01 Sep 2020.

    01 Sep 2020

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.92 Cr with Charge ID 100145956 was registered on 22 Dec 2017.

    22 Dec 2017

Frequently asked questions

  • Clockwork Business Solutions Private Limited was incorporated on 10 Nov 2003.

  • The authorized share capital of Clockwork Business Solutions Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 7.50 M.

  • Currently 2 directors are associated with Clockwork Business Solutions Private Limited.

    • Devindra Vaijinathappa Mankare
    • Aishwarya Mankare
  • As per Ministry of Corporate Affairs (Mca), the registered address of Clockwork Business Solutions Private Limited is 251/62 Aishwarya Towers 9Th Main 43Rd Cross 5Th Block, India, Bangalore, Karnataka, 560041.

  • The corporate identification number (CIN) of Clockwork Business Solutions Private Limited is U72200KA2003PTC032836 and the company number is 032836 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Clockwork Business Solutions Private Limited is https://www.clockwork.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Clockwork Business Solutions Private Limited has fallen by -10.15%.

  • As Per 2023 financial reports, 19 employees are currently employed by Clockwork Business Solutions Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Clockwork Business Solutions Private Limited has experienced an upsurge of 13.72%.

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

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