Flatworld Solutions Private Limited

A global company providing data processing, software development, and outsourcing services with multiple delivery centers.

2006 | Bangalore, Karnataka (India) | Active
Last Updated: June 17, 2024

Flatworld Solutions Profile

Key Indicators

  • Authorised Capital ₹ 1.65 M
  • Paid Up Capital ₹ 1.62 M
  • Company Age 19 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 6.50 M
  • Revenue Growth 29.70%
  • Profit Growth -39.16%
  • Ebitda -7.33%
  • Net Worth 13.68%
  • Total Assets 15.06%

About Flatworld Solutions

Flatworld Solutions Private Limited (FSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 January 2006 and has a history of 19 years and one month. Its registered office is in Bangalore, Karnataka, 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 2023. It's a company limited by shares with an authorized capital of Rs 1.65 M and a paid-up capital of Rs 1.62 M.

The company currently has active open charges totaling ₹6.50 M.

Derek Mcdowell, Adam Herman, David Mohan, and Three other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U72200KA2006PTC038135

  • Company No.

    038135

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Jan 2006

  • Date of AGM

    30 Nov 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

What products or services does Flatworld Solutions Private Limited offer?

Flatworld Solutions Private Limited offers a wide range of products and services, including Website Development Services, Database Development Services.

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

Board Members (6)

NameDesignationAppointment DateStatus
David Mohan Country flag representing Us Director 03-Jan-2006Current
Derek Mcdowell Country flag representing Us Director 03-Oct-2022Current
Adam Herman Country flag representing Us Director 03-Oct-2022Current
Joshua Bilmes Country flag representing Us Director 03-Oct-2022Current
Anand Mathews Country flag representing In Director 28-Apr-2008Current
Jacob William Country flag representing In Director 03-Jan-2006Current

Financial Performance of Flatworld Solutions.

Flatworld Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 29.7% increase. The company also saw a substantial fall in profitability, with a 39.16% decrease in profit. The company's net worth Soared by an impressive increase of 13.68%.

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
29.70%
Revenue from Operations
31.50%
Total Assets
15.06%
Profit or Loss
-39.16%
Net Worth
13.68%
EBITDA
-7.33%

What is the Ownership and Shareholding Structure of Flatworld Solutions?

In 2022, Flatworld 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

₹6.50 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.65 Cr

Latest Charge Details

DateLenderAmountStatus
20 May 2023Hdfc Bank Limited₹6.50 MOpen

How Many Employees Work at Flatworld Solutions?

Flatworld Solutions has a workforce of 697 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 Flatworld 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 Flatworld 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 Flatworld Solutions

Recent activity within the organization

  • Annual General Meeting

    Flatworld Solutions Private Limited last Annual general meeting of members was held on 30 Nov 2023 as per latest MCA records.

    30 Nov 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 6.50 M with Charge ID 100825105 was registered on 20 May 2023.

    20 May 2023

  • Balance Sheet

    Flatworld Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Derek Alan Mcdowell was appointed as a Director was appointed as a Director on 03 Oct 2022 & has been associated with this company since 2 years 4 months .

    03 Oct 2022

  • Director Appointment

    Adam Scott Herman was appointed as a Director was appointed as a Director on 03 Oct 2022 & has been associated with this company since 2 years 4 months .

    03 Oct 2022

  • Director Appointment

    Anand Mathews was appointed as a Director was appointed as a Director on 28 Apr 2008 & has been associated with this company since 16 years 9 months .

    28 Apr 2008

Recent News, Updates & Announcement

Frequently asked questions

  • Flatworld Solutions Private Limited was incorporated on 03 Jan 2006.

  • The authorized share capital of Flatworld Solutions Private Limited is ₹ 1.65 M and paid-up capital is ₹ 1.62 M.

  • Currently 6 directors are associated with Flatworld Solutions Private Limited.

    • Derek Alan Mcdowell
    • Adam Scott Herman
    • David Antony Raj Mohan
    • Joshua Scott Bilmes
    • Anand Mathews
    • Jacob William
  • As per Ministry of Corporate Affairs (Mca), the registered address of Flatworld Solutions Private Limited is No.6 1St & 2Nd Floor Oppsite Bpcl Petrol Bunk Outer Ring Road Banaswadi, Bangalore, Karnataka, India, 560043.

  • The corporate identification number (CIN) of Flatworld Solutions Private Limited is U72200KA2006PTC038135 and the company number is 038135 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Flatworld Solutions Private Limited is https://www.flatworldsolutions.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Flatworld Solutions Private Limited has risen by 29.70%.

  • As Per 2023 financial reports, 697 employees are currently employed by Flatworld Solutions Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Flatworld Solutions Private Limited has experienced an upsurge of 13.68%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Flatworld Solutions Private Limited amount to ₹ 6.50 M.

  • The most recent Balance Sheet for Flatworld Solutions Private Limited was filed with the ROC on 31 Mar 2023.

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