Credence Interior Private Limited

Interior design company offering a range of services for residential, office, commercial, and hospitality spaces.

2011 | Khorda, Odisha (India) | Active
Last Updated: December 25, 2024

Credence Interior Profile

Key Indicators

  • Authorised Capital ₹ 0.20 M
  • Paid Up Capital ₹ 0.15 M
  • Company Age 13 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.10 Cr
  • Revenue Growth -63.05%
  • Profit Growth -85.62%
  • Ebitda -73.24%
  • Net Worth 5.76%
  • Total Assets -14.86%

About Credence Interior

Credence Interior Private Limited (CIPL) is a Private Limited Indian Non-Government Company incorporated in India on 14 March 2011 and has a history of 13 years and ten months. Its registered office is in Khorda, Odisha, India.

The Company is engaged in the Consumer Electronics & Durables 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 0.20 M and a paid-up capital of Rs 0.15 M.

The company currently has active open charges totaling ₹1.10 Cr.

Khetra Nayak, Kapilamani Nayak, and Krushna Nayak serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U74210OR2011PTC013307

  • Company No.

    013307

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Mar 2011

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Consumer Electronics & Durables

What products or services does Credence Interior Private Limited offer?

Credence Interior Private Limited offers a wide range of products and services, including Retail Interior Designers, Salon Interior Designing, Commercial Interior Designer, Hospital Interior Designers, Office Interiors, Corporate Interior Designing, Residential Construction Projects, House Construction Services, Jewellery Shops Interiors, Residential Interior Designers.

Who are the key members and board of directors at Credence Interior?

Executive Team (1)

Name Designation Appointment Date Status
Krushna Nayak Country flag representing In Managing Director 14-Mar-2011 Current

Board Members (2)

Name Designation Appointment Date Status
Khetra Nayak Country flag representing In Director 14-Mar-2011 Current
Kapilamani Nayak Country flag representing In Director 14-Mar-2011 Current

Financial Performance of Credence Interior.

Credence Interior Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 63.05% decrease. The company also saw a substantial fall in profitability, with a 85.62% decrease in profit. The company's net worth moved up by a moderate rise of 5.76%.

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
-63.05%
Revenue from Operations
-62.82%
Total Assets
-14.86%
Profit or Loss
-85.62%
Net Worth
5.76%
EBITDA
-73.24%

What is the Ownership and Shareholding Structure of Credence Interior?

In 2017, Credence Interior 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

₹11.04 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 0.76 Cr
  • Ifci Limited : 0.34 Cr

Latest Charge Details

Date Lender Amount Status
21 May 2021 Ifci Limited ₹3.42 M Open
21 May 2021 Others ₹3.42 M Open
22 Aug 2019 Others ₹4.20 M Open

How Many Employees Work at Credence Interior?

Credence Interior has a workforce of 4 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 Credence Interior, 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 Credence Interior'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 Credence Interior

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Credence Interior Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Cuttack.

    31 Mar 2024

  • Charges

    A charge with Ifci Limited amounted to Rs. 3.42 M with Charge ID 100448621 was registered on 21 May 2021.

    21 May 2021

  • Charges

    A charge with Others amounted to Rs. 3.42 M with Charge ID 100448623 was registered on 21 May 2021.

    21 May 2021

  • Charges

    A charge with Others amounted to Rs. 4.20 M with Charge ID 100293713 was registered on 22 Aug 2019.

    22 Aug 2019

  • Director Appointment

    Khetra Mohan Nayak was appointed as a Director was appointed as a Director on 14 Mar 2011 & has been associated with this company since 13 years 10 months .

    14 Mar 2011

Frequently asked questions

  • Credence Interior Private Limited was incorporated on 14 Mar 2011.

  • The authorized share capital of Credence Interior Private Limited is ₹ 0.20 M and paid-up capital is ₹ 0.15 M.

  • Currently 3 directors are associated with Credence Interior Private Limited.

    • Khetra Mohan Nayak
    • Kapilamani Nayak
    • Krushna Mohan Nayak
  • As per Ministry of Corporate Affairs (Mca), the registered address of Credence Interior Private Limited is Plot No-195-196 B.Ed College Road Sreeram Mansion Flat No-303, Kharvel Nag India, Bhubaneswar, Orissa, 751001.

  • The corporate identification number (CIN) of Credence Interior Private Limited is U74210OR2011PTC013307 and the company number is 013307 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Credence Interior Private Limited is https://www.credenceinterior.com

  • According to the financial reports for the fiscal year 2020, the revenue trend for Credence Interior Private Limited has fallen by -63.05%.

  • As Per 2020 financial reports, 4 employees are currently employed by Credence Interior Private Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Credence Interior Private Limited has experienced an upsurge of 5.76%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Credence Interior Private Limited amount to ₹ 1.10 Cr.

  • The most recent Balance Sheet for Credence Interior Private Limited was filed with the ROC on 31 Mar 2024.