Myrtle Business Solutions Private Limited

Provides software services for accounting, revenue assurance, billing systems, and testing.

2014 | Hyderabad, Telangana (India) | Active
Last Updated:

Myrtle Business Solutions Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 11 Year, 28 Days
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -99.28%
  • Profit Growth 91.36%
  • Ebitda 94.53%
  • Net Worth -8.24%
  • Total Assets -8.11%

About Myrtle Business Solutions

Myrtle Business Solutions Private Limited (MBSPL) is a Private Limited Indian Non-Government Company incorporated in India on 30 March 2014 and has a history of 11 years. Its registered office is in Hyderabad, Telangana, India.

The Company is engaged in the Information Technology 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 5.00 M and a paid-up capital of Rs 5.00 M, as per Ministry of Corporate Affairs (MCA) records.

Anil Earla and Cilaveni Praveen serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200TG2014PTC093916

  • Company No.

    093916

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Mar 2014

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Information Technology
Company report

Myrtle Business Solutions Private Limited

Explore comprehensive data for Myrtle Business Solutions Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Myrtle Business Solutions?

Board Members (2)

NameDesignationAppointment DateStatus
Anil Earla Country flag representing In Director 30-Mar-2014Current
Cilaveni Praveen Country flag representing In Director 30-Mar-2014Current

Financial Performance of Myrtle Business Solutions.

Myrtle Business Solutions Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 99.28% decrease. The company also saw a substantial improvement in profitability, with a 91.36% increase in profit. The company's net worth dipped by a decrease of 8.24%.

Myrtle Business Solutions revenue growth over time
Myrtle Business Solutions 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
-99.28%
Revenue from Operations
Total Assets
-8.11%
Profit or Loss
91.36%
Net Worth
-8.24%
EBITDA
94.53%

What is the Ownership and Shareholding Structure of Myrtle Business Solutions?

In 2020, Myrtle Business Solutions had a promoter holding of 61.50% and a public holding of 38.50%. 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 Myrtle Business Solutions?

Myrtle Business Solutions has a workforce of 33 employees as of Apr 11, 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.

Employee growth trends for Myrtle Business Solutions Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Myrtle Business Solutions, 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 Myrtle Business Solutions'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 Myrtle Business Solutions

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Myrtle Business Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

  • Director Appointment

    Anil Kumar Varma Earla was appointed as a Director was appointed as a Director on 30 Mar 2014 & has been associated with this company since 11 years 28 days .

  • Director Appointment

    Cilaveni Kumar Praveen was appointed as a Director was appointed as a Director on 30 Mar 2014 & has been associated with this company since 11 years 28 days .

  • Company Incorporation

    Myrtle Business Solutions Private Limited was registered on 30 Mar 2014 with Roc Hyderabad & aged 11 years 28 days as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Myrtle Business Solutions Private Limited?

    Myrtle Business Solutions Private Limited was incorporated on 30 Mar 2014.

  • What is authorized share capital and paid-up capital of Myrtle Business Solutions Private Limited?

    The authorized share capital of Myrtle Business Solutions Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

  • Who are the current board members & directors of Myrtle Business Solutions Private Limited?

    Currently 2 directors are associated with Myrtle Business Solutions Private Limited.

    • Anil Kumar Varma Earla
    • Cilaveni Kumar Praveen
  • What is the registered address of Myrtle Business Solutions Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Myrtle Business Solutions Private Limited is 1C Vyjayanthi Colony Mahendra Hills, East Maredpally India, Secunderabad, Telangana, 500026.

  • What is the corporate identification number (CIN) and company number of Myrtle Business Solutions Private Limited?

    The corporate identification number (CIN) of Myrtle Business Solutions Private Limited is U72200TG2014PTC093916 and the company number is 093916 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Myrtle Business Solutions Private Limited?

    The Official website of Myrtle Business Solutions Private Limited is https://www.myrtlebytes.com

  • What has been the recent revenue trend for Myrtle Business Solutions Private Limited?

    According to the financial reports for the fiscal year 2020, the revenue trend for Myrtle Business Solutions Private Limited has fallen by -99.28%.

  • How many employees does Myrtle Business Solutions Private Limited currently have?

    As Per 2020 financial reports, 33 employees are currently employed by Myrtle Business Solutions Private Limited.

  • What change has been observed in the net worth of Myrtle Business Solutions Private Limited, and by what percentage?

    The financial reports for the fiscal year 2020 indicates that The net worth of Myrtle Business Solutions Private Limited has experienced an downturn of -8.24%.

  • When was the last Balance Sheet of Myrtle Business Solutions Private Limited filed with the ROC?

    The most recent Balance Sheet for Myrtle Business Solutions Private Limited was filed with the ROC on 31 Mar 2024.

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