Seattle Power Solutions Private Limited

Manufactures embroidered and printed fabrics, generates solar power, and provides end-to-end electrical solutions.

2012 | Mumbai, Maharashtra (India) | Active
Last Updated: December 20, 2024

Seattle Power Solutions Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 3.75 M
  • Company Age 12 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 18.95 Cr
  • Revenue Growth 7.98%
  • Profit Growth 59.41%
  • Ebitda 44.25%
  • Net Worth -2.30%
  • Total Assets -4.63%

About Seattle Power Solutions

Seattle Power Solutions Private Limited (SPSPL) is a Private Limited Indian Non-Government Company incorporated in India on 24 December 2012 and has a history of 12 years and one month. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Seattle Power Solutions 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 5.00 M and a paid-up capital of Rs 3.75 M.

The company has closed loans amounting to ₹18.95 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Vinita Bhati and Pankaj Bhati serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U31401MH2012PTC266822

  • Company No.

    266822

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Dec 2012

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Consumer Electronics & Durables
Energy and Power

Who are the key members and board of directors at Seattle Power Solutions?

Board Members (2)

Name Designation Appointment Date Status
Vinita Bhati Country flag representing In Director 06-Aug-2013 Current
Pankaj Bhati Country flag representing In Director 06-Jan-2014 Current

Financial Performance of Seattle Power Solutions.

Seattle Power Solutions Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 7.98% increase. The company also saw a substantial improvement in profitability, with a 59.41% increase in profit. The company's net worth dipped by a decrease of 2.3%.

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
7.98%
Revenue from Operations
10.87%
Total Assets
-4.63%
Profit or Loss
59.41%
Net Worth
-2.30%
EBITDA
44.25%

What is the Ownership and Shareholding Structure of Seattle Power Solutions?

In 2022, Seattle Power Solutions 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

₹0

Satisfied Charges

₹189.54 M

Charges Breakdown by Lending Institutions

  • Karnataka Bank Ltd. : 12.45 Cr
  • State Bank Of India : 5.00 Cr
  • Indiabulls Housing Finance Limited : 1.50 Cr

Latest Charge Details

Date Lender Amount Status
06 Apr 2017 Karnataka Bank Ltd. ₹7.25 Cr Satisfied
08 Jan 2016 Karnataka Bank Ltd. ₹5.20 Cr Satisfied
24 Dec 2015 State Bank Of India ₹2.00 Cr Satisfied
20 Oct 2014 Indiabulls Housing Finance Limited ₹1.50 Cr Satisfied
08 May 2014 State Bank Of India ₹3.00 Cr Satisfied

How Many Employees Work at Seattle Power Solutions?

Unlock and access historical data on people associated with Seattle Power Solutions, 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 Seattle Power 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 Seattle Power 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 Seattle Power Solutions

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Seattle Power Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge registered on 24 Dec 2015 via Charge ID 10610346 with State Bank Of India was fully satisfied on 11 Oct 2022.

    11 Oct 2022

  • Charges

    A charge registered on 08 May 2014 via Charge ID 10493394 with State Bank Of India was fully satisfied on 11 Oct 2022.

    11 Oct 2022

  • Charges

    A charge registered on 08 Jan 2016 via Charge ID 10616701 with Karnataka Bank Ltd. was fully satisfied on 28 Sep 2018.

    28 Sep 2018

  • Charges

    A charge registered on 06 Apr 2017 via Charge ID 100091625 with Karnataka Bank Ltd. was fully satisfied on 01 Nov 2017.

    01 Nov 2017

Frequently asked questions

  • Seattle Power Solutions Private Limited was incorporated on 24 Dec 2012.

  • The authorized share capital of Seattle Power Solutions Private Limited is ₹ 5.00 M and paid-up capital is ₹ 3.75 M.

  • Currently 2 directors are associated with Seattle Power Solutions Private Limited.

    • Vinita Bhati
    • Pankaj Bhati
  • As per Ministry of Corporate Affairs (Mca), the registered address of Seattle Power Solutions Private Limited is 1019 C Wing 215 Atrium Andheri Kurla Road, East India, Mumbai, Maharashtra, 400093.

  • The corporate identification number (CIN) of Seattle Power Solutions Private Limited is U31401MH2012PTC266822 and the company number is 266822 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Seattle Power Solutions Private Limited is https://www.seattlepowers.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Seattle Power Solutions Private Limited has risen by 7.98%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Seattle Power Solutions Private Limited has experienced an downturn of -2.30%.

  • The most recent Balance Sheet for Seattle Power Solutions Private Limited was filed with the ROC on 31 Mar 2024.

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