Flex-Clean Systems Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
- Paid Up Capital ₹ 0.10 M
- Company Age 21 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 7.50 M
- Satisfied Charges ₹ 1.25 Cr
- Revenue Growth 100.70%
- Profit Growth 1030.90%
- Ebitda 809.19%
- Net Worth 21.88%
- Total Assets -46.79%
About Flex-Clean Systems
Flex-Clean Systems Private Limited (FSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 May 2003 and has a history of 21 years and nine months. Its registered office is in Bhandup West, Maharashtra, India.
The Corporate was formerly known as Midwesco Filtrations (India) Private Limited. The Company is engaged in the Machinery And Equipment 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 0.50 M and a paid-up capital of Rs 0.10 M.
The company currently has active open charges totaling ₹7.50 M. The company has closed loans amounting to ₹1.25 Cr, as per Ministry of Corporate Affairs (MCA) records.
Nikhil Varahamurti, Rekha Varahamurti, and Narahari Varahamurti serve as directors at the Company.
Company Details
-
Location
Bhandup West, Maharashtra, India
-
Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
Social Media
Corporate Identity Details
-
CIN/LLPIN
U29197MH2003PTC140332
-
Company No.
140332
-
Company Classification
Private Limited Indian Non-Government Company
-
Incorporation Date
07 May 2003
-
Date of AGM
05 Jul 2023
-
Date of Balance Sheet
31 Mar 2023
-
Listing Status
Unlisted
-
ROC Code
Roc Mumbai
Industry
What products or services does Flex-Clean Systems Private Limited offer?
Flex-Clean Systems Private Limited offers a wide range of products and services, including Filter Assemblies and Spare Parts, Filter Bags, Heater, Thermostat & Heating Devices, Industrial Heaters, Exhaust Fans, Ventilation Fans, Electrical Insulators, Industrial Fabrics and Textiles, Industrial Fabric, Filter Components.
Who are the key members and board of directors at Flex-Clean Systems?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nikhil Varahamurti
|
Director | 12-Apr-2011 | Current |
|
Rekha Varahamurti
|
Director | 07-May-2003 | Current |
|
Narahari Varahamurti
|
Director | 07-May-2003 | Current |
Financial Performance of Flex-Clean Systems.
Flex-Clean Systems Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 100.7% increase. The company also saw a substantial improvement in profitability, with a 1030.9% increase in profit. The company's net worth Soared by an impressive increase of 21.88%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
|
(FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
|
||||||
| Revenue from Operations |
|
||||||
| Total Assets |
|
||||||
| Profit or Loss |
|
||||||
| Net Worth |
|
||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Flex-Clean Systems?
In 2023, Flex-Clean Systems had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹7.50 M
₹12.50 M
Charges Breakdown by Lending Institutions
- Others : 0.75 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Dec 2018 | Others | ₹7.50 M | Open |
| 13 Oct 2011 | Ing Vysya Bank Limited | ₹7.50 M | Satisfied |
| 01 Jun 2009 | Ing Vysya Bank Ltd | ₹5.00 M | Satisfied |
How Many Employees Work at Flex-Clean Systems?
Unlock and access historical data on people associated with Flex-Clean Systems, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Flex-Clean Systems, 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 Flex-Clean Systems's trajectory.
Rating
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
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.
