Midland Credit Management India Private Limited

Provides BPO services to group companies, incorporated in 2005.

2005 | New Delhi, Delhi (India) | Active
Last Updated: July 16, 2024

Midland Credit Management India Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.25 M
  • Company Age 19 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.80 M
  • Satisfied Charges ₹ 15.00 Cr
  • Revenue Growth 23.35%
  • Profit Growth 81.13%
  • Ebitda 73.63%
  • Net Worth 21.20%
  • Total Assets 45.87%

About Midland Credit Management India

Midland Credit Management India Private Limited (MCMIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 July 2005 and has a history of 19 years and seven months. Its registered office is in New Delhi, Delhi, India.

The Corporate was formerly known as Midland Calibrated India Private Limited. 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 2023. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.25 M.

The company currently has active open charges totaling ₹1.80 M. The company has closed loans amounting to ₹15.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Midland Credit Management India Private Limited India is Akshay Saxena as COMPANY SECRETARY. Jaison Thomas, Saurav Ray, Ajit Singh, and Two other members serve as directors at the Company.

Company Details

  • Location

    New Delhi, Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    encorecapitalgroup.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U00892DL2005PTC138828

  • Company No.

    138828

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Jul 2005

  • Date of AGM

    28 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Business Outsourcing

Who are the key members and board of directors at Midland Credit Management India?

Executive Team (2)

NameDesignationAppointment DateStatus
Jaison Thomas Country flag representing In Managing Director07-Sep-2017Current
Akshay Saxena Country flag representing In Company Secretary14-Dec-2015Current

Board Members (4)

NameDesignationAppointment DateStatus
Saurav Ray Country flag representing In Whole-Time Director 07-Sep-2017Current
Ryan Bell Country flag representing Us Director 28-Feb-2019Current
Ajit Singh Country flag representing In Director 14-Dec-2017Current
John Yung Country flag representing Us Director 31-Aug-2022Current

Financial Performance of Midland Credit Management India.

Midland Credit Management India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 23.35% increase. The company also saw a substantial improvement in profitability, with a 81.13% increase in profit. The company's net worth Soared by an impressive increase of 21.2%.

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
23.35%
Revenue from Operations
22.95%
Total Assets
45.87%
Profit or Loss
81.13%
Net Worth
21.20%
EBITDA
73.63%

What is the Ownership and Shareholding Structure of Midland Credit Management India?

In 2023, Midland Credit Management India 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

₹1.80 M

Satisfied Charges

₹150.00 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.18 Cr

Latest Charge Details

DateLenderAmountStatus
09 Dec 2022Hdfc Bank Limited₹1.80 MOpen
08 Jan 2019Hdfc Bank Limited₹15.00 CrSatisfied

How Many Employees Work at Midland Credit Management India?

Midland Credit Management India has a workforce of 2653 employees as of Apr 01, 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 Midland Credit Management India, 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 Midland Credit Management India'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 Midland Credit Management India

Recent activity within the organization

  • Annual General Meeting

    Midland Credit Management India Private Limited last Annual general meeting of members was held on 28 Sep 2023 as per latest MCA records.

    28 Sep 2023

  • Balance Sheet

    Midland Credit Management India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.80 M with Charge ID 100660998 was registered on 09 Dec 2022.

    09 Dec 2022

  • Director Appointment

    John Yung was appointed as a Director was appointed as a Director on 31 Aug 2022 & has been associated with this company since 2 years 5 months .

    31 Aug 2022

  • Charges

    A charge registered on 08 Jan 2019 via Charge ID 100237221 with Hdfc Bank Limited was fully satisfied on 09 Oct 2020.

    09 Oct 2020

  • Director Appointment

    Ryan Brooks Bell was appointed as a Director was appointed as a Director on 28 Feb 2019 & has been associated with this company since 5 years 11 months .

    28 Feb 2019

Frequently asked questions

  • Midland Credit Management India Private Limited was incorporated on 19 Jul 2005.

  • The authorized share capital of Midland Credit Management India Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.25 M.

  • Currently 6 directors are associated with Midland Credit Management India Private Limited.

    • Jaison Thomas
    • Saurav Ray
    • Ajit Singh
    • Ryan Brooks Bell
    • John Yung
    • Akshay Saxena
  • As per Ministry of Corporate Affairs (Mca), the registered address of Midland Credit Management India Private Limited is Regus Business Centre 05Th Floor Caddie Commercial Tower Aerocity (Dial), New Delhi, India, 110037.

  • The corporate identification number (CIN) of Midland Credit Management India Private Limited is U00892DL2005PTC138828 and the company number is 138828 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Midland Credit Management India Private Limited is https://www.encorecapitalgroup.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Midland Credit Management India Private Limited has risen by 23.35%.

  • As Per 2023 financial reports, 2653 employees are currently employed by Midland Credit Management India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Midland Credit Management India Private Limited has experienced an upsurge of 21.20%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Midland Credit Management India Private Limited amount to ₹ 1.80 M.

  • The most recent Balance Sheet for Midland Credit Management India Private Limited was filed with the ROC on 31 Mar 2023.

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