Letsmove Services Private Limited

Provides road transport services for freight since 2015 in Madhya Pradesh.

2015 | Indore, Madhya Pradesh (India) | Active
Last Updated: November 17, 2024

Letsmove Services Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 9 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 13.18 Cr
  • Satisfied Charges ₹ 26.10 Cr
  • Revenue Growth 26.39%
  • Profit Growth -69.40%
  • Ebitda 102.52%
  • Net Worth 8.03%
  • Total Assets 71.32%

About Letsmove Services

Letsmove Services Private Limited (LSPL) is a Private Limited Indian Non-Government Company incorporated in India on 16 October 2015 (Nine years and four months 1 days old ). Its registered office is in Indore, Madhya Pradesh, India.

The Corporate was formerly known as Lets Move Logistic Services Private Limited. The Company is engaged in the Transport And Logistics 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 0.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹13.18 Cr. The company has closed loans amounting to ₹26.10 Cr, as per Ministry of Corporate Affairs (MCA) records.

Manish Trivedi, Munna Trivedi, and Ashish Trivedi serve as directors at the Company.

Company Details

  • Location

    Indore, Madhya Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U56290MP2015PTC034847

  • Company No.

    034847

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Oct 2015

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Gwalior

Industry

Transport and Logistics

Who are the key members and board of directors at Letsmove Services?

Board Members (3)

Name Designation Appointment Date Status
Manish Trivedi Country flag representing In Director 16-Oct-2015 Current
Munna Trivedi Country flag representing In Director 16-Oct-2015 Current
Ashish Trivedi Country flag representing In Director 16-Oct-2015 Current

Financial Performance of Letsmove Services.

Letsmove Services Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 26.39% increase. The company also saw a substantial fall in profitability, with a 69.4% decrease in profit. The company's net worth moved up by a moderate rise of 8.03%.

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
26.39%
Revenue from Operations
26.02%
Total Assets
71.32%
Profit or Loss
-69.40%
Net Worth
8.03%
EBITDA
102.52%

What is the Ownership and Shareholding Structure of Letsmove Services?

In 2023, Letsmove 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

₹131.83 M

Satisfied Charges

₹261.00 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 13.18 Cr

Latest Charge Details

Date Lender Amount Status
26 Sep 2022 Hdfc Bank Limited ₹2.15 M Open
18 Apr 2022 Hdfc Bank Limited ₹4.01 M Open
25 Feb 2022 Hdfc Bank Limited ₹8.00 Cr Open
02 Dec 2021 Hdfc Bank Limited ₹1.66 Cr Open
01 Dec 2021 Hdfc Bank Limited ₹1.33 Cr Open

How Many Employees Work at Letsmove Services?

Letsmove Services has a workforce of 182 employees as of Apr 05, 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 Letsmove 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 Letsmove 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 Letsmove Services

Recent activity within the organization

  • Charges

    A charge registered on 26 Feb 2022 via Charge ID 100546556 with Hdfc Bank Limited was fully satisfied on 28 Oct 2024.

    28 Oct 2024

  • Annual General Meeting

    Letsmove 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

    Letsmove Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Gwalior.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 261.00 M registered on 26 Feb 2022 with Charge ID 100546556 was modified on 04 Jan 2023.

    04 Jan 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 2.15 M with Charge ID 100674487 was registered on 26 Sep 2022.

    26 Sep 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 4.01 M with Charge ID 100595820 was registered on 18 Apr 2022.

    18 Apr 2022

Frequently asked questions

  • Letsmove Services Private Limited was incorporated on 16 Oct 2015.

  • The authorized share capital of Letsmove Services Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Letsmove Services Private Limited.

    • Manish Trivedi
    • Munna Lal Trivedi
    • Ashish Trivedi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Letsmove Services Private Limited is 674 Scheme No. 114, Part-2 India, Indore, Madhya Pradesh, 452010.

  • The corporate identification number (CIN) of Letsmove Services Private Limited is U56290MP2015PTC034847 and the company number is 034847 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Letsmove Services Private Limited has risen by 26.39%.

  • As Per 2023 financial reports, 182 employees are currently employed by Letsmove Services Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Letsmove Services Private Limited has experienced an upsurge of 8.03%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Letsmove Services Private Limited amount to ₹ 13.18 Cr.

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