Lake Systems Profile
Key Indicators
- Authorised Capital ₹ 7.50 M
- Paid Up Capital ₹ 3.20 M
- Company Age 27 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 1.43 Cr
- Revenue Growth -12.03%
- Profit Growth -1524.59%
- Ebitda -73170.67%
- Net Worth -11.87%
- Total Assets -15.57%
About Lake Systems
Lake Systems Private Limited (LSPL) is a Private Limited Indian Non-Government Company incorporated in India on 03 April 1998 and has a history of 27 years and one month. Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Business Outsourcing 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 7.50 M and a paid-up capital of Rs 3.20 M.
The company has closed loans amounting to ₹1.43 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Deepak Nakil, Kadandale Shetty, Pratibha Deepak, and One other member serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U30007KA1998PTC023579
- Company No.
023579
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
03 Apr 1998
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Business Outsourcing
Lake Systems Private Limited
Explore comprehensive data for Lake Systems Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Lake Systems?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Pratibha Deepak  | Director | 03-Apr-1998 | Current |
| Deepak Nakil | Director | 03-Apr-1998 | Current |
| Kadandale Shetty | Director | 03-Apr-1998 | Current |
| Prasanna Shetty | Director | 03-Apr-1998 | Current |
Financial Performance of Lake Systems.
Lake Systems Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 12.03% decrease. The company also saw a substantial fall in profitability, with a 1524.59% decrease in profit. The company's net worth observed a substantial decline by a decrease of 11.87%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Lake Systems?
Unlock access to Lake Systems's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
Related Corporates (Common Directorship)
K.L.N.Engineering Products Private LimitedPrasanna Shetty is a mutual person
Anala Fire Consulting Private LimitedKadandale Shetty is a mutual person
Asteria Softech Private LimitedDeepak Nakil and Pratibha Deepak are mutual person
- Jaji Developers Private Limited
Kadandale Shetty and Prasanna Shetty are mutual person
- Einsys Consulting Private Limited
Kadandale Shetty is a mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹14.32 M
Charges Breakdown by Lending Institutions
- The Shamroa Vithal Co-Operative Bank Ltd. : 0.99 Cr
- Shamrao Vithal Co-Operative Bank Limited : 0.34 Cr
- The Shamrao Vithal Co-Op Bank Ltd. : 0.10 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Feb 2011 | The Shamroa Vithal Co-Operative Bank Ltd. | ₹0.35 M | Satisfied |
| 29 Aug 2007 | Shamrao Vithal Co-Operative Bank Limited | ₹3.39 M | Satisfied |
| 25 Jan 2005 | The Shamroa Vithal Co-Operative Bank Ltd. | ₹1.00 M | Satisfied |
| 25 Jan 2005 | The Shamrao Vithal Co-Op Bank Ltd. | ₹1.00 M | Satisfied |
| 27 Jul 2000 | The Shamroa Vithal Co-Operative Bank Ltd. | ₹8.59 M | Satisfied |
How Many Employees Work at Lake Systems?
Lake Systems has a workforce of 15 employees as of May 18, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Lake 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 Lake 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.
Latest Updates, News, and FAQs on Lake Systems
Recent activity within the organization
- Annual General Meeting
Lake Systems Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Lake Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Charges
A charge registered on 25 Jan 2005 via Charge ID 90198548 with The Shamroa Vithal Co-Operative Bank Ltd. was fully satisfied on 10 Mar 2020.
- Charges
A charge registered on 25 Jan 2005 via Charge ID 90200990 with The Shamrao Vithal Co-Op Bank Ltd. was fully satisfied on 19 Feb 2020.
- Charges
A charge registered on 02 Feb 2011 via Charge ID 10268868 with The Shamroa Vithal Co-Operative Bank Ltd. was fully satisfied on 25 Jul 2013.
- Charges
A charge registered on 29 Aug 2007 via Charge ID 10075278 with Shamrao Vithal Co-Operative Bank Limited was fully satisfied on 25 Jul 2013.
Frequently asked questions
What is the Incorporation or founding date of Lake Systems Private Limited?
Lake Systems Private Limited was incorporated on 03 Apr 1998.
What is authorized share capital and paid-up capital of Lake Systems Private Limited?
The authorized share capital of Lake Systems Private Limited is ₹ 7.50 M and paid-up capital is ₹ 3.20 M.
Who are the current board members & directors of Lake Systems Private Limited?
Currently 4 directors are associated with Lake Systems Private Limited.
- Deepak Dinanath Nakil
- Kadandale Vinod Shetty
- Pratibha Nakil Deepak
- Prasanna Kumar Shetty
What is the registered address of Lake Systems Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Lake Systems Private Limited is 159 Sarjapur Road, I Blockkoramangala India, Bangalore, Karnataka, 560034.
What is the corporate identification number (CIN) and company number of Lake Systems Private Limited?
The corporate identification number (CIN) of Lake Systems Private Limited is U30007KA1998PTC023579 and the company number is 023579 as per Ministry of Corporate Affairs (MCA).
What is the official website of Lake Systems Private Limited?
The Official website of Lake Systems Private Limited is https://www.lakesys.net
What has been the recent revenue trend for Lake Systems Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Lake Systems Private Limited has fallen by -12.03%.
How many employees does Lake Systems Private Limited currently have?
As Per 2023 financial reports, 15 employees are currently employed by Lake Systems Private Limited.
What change has been observed in the net worth of Lake Systems Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Lake Systems Private Limited has experienced an downturn of -11.87%.
When was the last Balance Sheet of Lake Systems Private Limited filed with the ROC?
The most recent Balance Sheet for Lake Systems Private Limited was filed with the ROC on 31 Mar 2024.
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