Flat World Buying Services Private Limited

Global buying agency for handicrafts, garments, and home furnishings, established in 2010 and located in Delhi.

2010 | Delhi (India) | Active
Last Updated: October 24, 2024

Flat World Buying Services Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 1.10 M
  • Company Age 14 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 13.37 Cr
  • Revenue Growth -52.81%
  • Profit Growth -148.55%
  • Ebitda -50.47%
  • Net Worth -9.76%
  • Total Assets 0.50%

About Flat World Buying Services

Flat World Buying Services Private Limited (FWBSPL) is a Private Limited Indian Non-Government Company incorporated in India on 07 October 2010 and has a history of 14 years and four months. Its registered office is in Delhi, India.

The Company is engaged in the Trading 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 1.10 M.

The company has closed loans amounting to ₹13.37 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Puja Rautela and Neena Chitkara serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U74900DL2010PTC209186

  • Company No.

    209186

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Oct 2010

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Trading

Who are the key members and board of directors at Flat World Buying Services?

Financial Performance of Flat World Buying Services.

Flat World Buying Services Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 52.81% decrease. The company also saw a substantial fall in profitability, with a 148.55% decrease in profit. The company's net worth dipped by a decrease of 9.76%.

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
-52.81%
Revenue from Operations
Total Assets
0.50%
Profit or Loss
-148.55%
Net Worth
-9.76%
EBITDA
-50.47%

What is the Ownership and Shareholding Structure of Flat World Buying Services?

In 2023, Flat World Buying Services 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

₹133.70 M

Charges Breakdown by Lending Institutions

  • Housing Development Finance Corporation Limited : 10.87 Cr
  • Standard Chartered Bank : 2.50 Cr

Latest Charge Details

DateLenderAmountStatus
19 Oct 2015Housing Development Finance Corporation Limited₹10.87 CrSatisfied
29 Oct 2012Standard Chartered Bank₹2.50 CrSatisfied

How Many Employees Work at Flat World Buying Services?

Flat World Buying Services has a workforce of 0 employees as of Apr 06, 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 Flat World Buying 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 Flat World Buying 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 Flat World Buying Services

Recent activity within the organization

  • Annual General Meeting

    Flat World Buying Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Flat World Buying Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Charges

    A charge registered on 29 Oct 2012 via Charge ID 10387755 with Standard Chartered Bank was fully satisfied on 31 May 2023.

    31 May 2023

  • Charges

    A charge registered on 19 Oct 2015 via Charge ID 10597427 with Housing Development Finance Corporation Limited was fully satisfied on 29 May 2023.

    29 May 2023

  • Charges

    A charge with Housing Development Finance Corporation Limited amounted to Rs. 108.70 M with Charge ID 10597427 was registered on 19 Oct 2015.

    19 Oct 2015

  • Charges

    A charge with Standard Chartered Bank amounted to Rs. 25.00 M with Charge ID 10387755 was registered on 29 Oct 2012.

    29 Oct 2012

Frequently asked questions

  • What is the Incorporation or founding date of Flat World Buying Services Private Limited?

    Flat World Buying Services Private Limited was incorporated on 07 Oct 2010.

  • What is authorized share capital and paid-up capital of Flat World Buying Services Private Limited?

    The authorized share capital of Flat World Buying Services Private Limited is ₹ 5.00 M and paid-up capital is ₹ 1.10 M.

  • Who are the current board members & directors of Flat World Buying Services Private Limited?

    Currently 2 directors are associated with Flat World Buying Services Private Limited.

    • Puja Rautela
    • Neena Chitkara
  • What is the registered address of Flat World Buying Services Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Flat World Buying Services Private Limited is E-1/13, 3Rd Floor Vasant Vihar India, New Delhi, 110057.

  • What is the corporate identification number (CIN) and company number of Flat World Buying Services Private Limited?

    The corporate identification number (CIN) of Flat World Buying Services Private Limited is U74900DL2010PTC209186 and the company number is 209186 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Flat World Buying Services Private Limited?

    The Official website of Flat World Buying Services Private Limited is https://www.flatworldsourceinc.com

  • What has been the recent revenue trend for Flat World Buying Services Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Flat World Buying Services Private Limited has fallen by -52.81%.

  • What change has been observed in the net worth of Flat World Buying Services Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Flat World Buying Services Private Limited has experienced an downturn of -9.76%.

  • When was the last Balance Sheet of Flat World Buying Services Private Limited filed with the ROC?

    The most recent Balance Sheet for Flat World Buying Services Private Limited was filed with the ROC on 31 Mar 2024.