Furnisco Retail Private Limited

Sells furniture and home decor through online shopping portal.

2019 | Delhi (India) | Active
Last Updated: November 17, 2024

Furnisco Retail Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 5 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 972.20%
  • Profit Growth 69.46%
  • Ebitda 70.33%
  • Net Worth -49.90%
  • Total Assets 238.44%

About Furnisco Retail

Furnisco Retail Private Limited (FRPL) is a Private Limited Indian Non-Government Company incorporated in India on 20 June 2019 (Five years and seven months 13 days old ). Its registered office is in Delhi, India.

The Corporate was formerly known as Clement Interio Concept Private Limited. 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 1.00 M and a paid-up capital of Rs 1.00 M, as per Ministry of Corporate Affairs (MCA) records.

Mohd Arif, Shakir, Mohd Saifi, and One other member serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74110DL2019PTC351638

  • Company No.

    351638

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Jun 2019

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Consumer Electronics & Durables

What products or services does Furnisco Retail Private Limited offer?

Furnisco Retail Private Limited offers a wide range of products and services, including Bath, Towel Shelves, Wplant, Sectional Sofa, Home Office Furniture, Chest Drawer, Used Machinery, Second Hand And Used Almirahs, Marble, Gold Granites.

Who are the key members and board of directors at Furnisco Retail?

Board Members (4)

Name Designation Appointment Date Status
Mohd Arif Country flag representing In Director 05-Apr-2021 Current
Shakir Country flag representing In Director 10-Jun-2023 Current
Mohd Saifi Country flag representing In Director 20-Jun-2019 Current
Mainuddin Country flag representing In Director 20-Jun-2019 Current

Financial Performance of Furnisco Retail.

Furnisco Retail Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 972.2% increase. The company also saw a substantial improvement in profitability, with a 69.46% increase in profit. The company's net worth observed a substantial decline by a decrease of 49.9%.

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
972.20%
Revenue from Operations
963.11%
Total Assets
238.44%
Profit or Loss
69.46%
Net Worth
-49.90%
EBITDA
70.33%

What is the Ownership and Shareholding Structure of Furnisco Retail?

In 2023, Furnisco Retail 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Furnisco Retail?

Unlock and access historical data on people associated with Furnisco Retail, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Furnisco Retail, 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 Furnisco Retail'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 Furnisco Retail

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Furnisco Retail Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Director Appointment

    Shakir was appointed as a Director was appointed as a Director on 10 Jun 2023 & has been associated with this company since 1 year 7 months .

    10 Jun 2023

  • Director Appointment

    Mohd Arif was appointed as a Director was appointed as a Director on 05 Apr 2021 & has been associated with this company since 3 years 9 months .

    05 Apr 2021

  • Director Appointment

    Mohd Aslam Saifi was appointed as a Director was appointed as a Director on 20 Jun 2019 & has been associated with this company since 5 years 7 months .

    20 Jun 2019

  • Director Appointment

    Mainuddin was appointed as a Director was appointed as a Director on 20 Jun 2019 & has been associated with this company since 5 years 7 months .

    20 Jun 2019

Frequently asked questions

  • Furnisco Retail Private Limited was incorporated on 20 Jun 2019.

  • The authorized share capital of Furnisco Retail Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Currently 4 directors are associated with Furnisco Retail Private Limited.

    • Mohd Arif
    • Shakir
    • Mohd Aslam Saifi
    • Mainuddin
  • As per Ministry of Corporate Affairs (Mca), the registered address of Furnisco Retail Private Limited is H. No. L-1 12/642, Sangam Vihar India, New Delhi, 110062.

  • The corporate identification number (CIN) of Furnisco Retail Private Limited is U74110DL2019PTC351638 and the company number is 351638 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Furnisco Retail Private Limited is https://www.furnisco.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Furnisco Retail Private Limited has risen by 972.20%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Furnisco Retail Private Limited has experienced an downturn of -49.90%.

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