Simplified Woodcrafting Solutions Private Limited

Manufactures furniture with registered office in Bangalore, Karnataka since 2020.

2020 | Bangaluru, Karnataka (India) | Active
Last Updated: October 26, 2024

Simplified Woodcrafting Solutions Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 4 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 6.97 M
  • Revenue Growth -1.83%
  • Profit Growth -6.63%
  • Ebitda 91.24%
  • Net Worth 34.80%
  • Total Assets -29.56%

About Simplified Woodcrafting Solutions

Simplified Woodcrafting Solutions Private Limited (SWSPL) is a Private Limited Indian Non-Government Company incorporated in India on 17 July 2020 (Four years and seven months 10 days old ). Its registered office is in Bangaluru, Karnataka, India.

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 2023. It's a company limited by shares with an authorized capital of Rs 1.50 M and a paid-up capital of Rs 1.00 M.

The company currently has active open charges totaling ₹6.97 M.

Venkatesh Ekambara and Venkatesh Hemalatha serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U36990KA2020PTC136091

  • Company No.

    136091

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Jul 2020

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Consumer Electronics & Durables

Who are the key members and board of directors at Simplified Woodcrafting Solutions?

Board Members (2)

NameDesignationAppointment DateStatus
Venkatesh Ekambara Country flag representing In Director 17-Jul-2020Current
Venkatesh Hemalatha Country flag representing In Director 17-Jul-2020Current

Financial Performance of Simplified Woodcrafting Solutions.

Simplified Woodcrafting Solutions Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 1.83% decrease. The company also saw a slight decrease in profitability, with a 6.63% decrease in profit. The company's net worth Soared by an impressive increase of 34.8%.

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
-1.83%
Revenue from Operations
-1.79%
Total Assets
-29.56%
Profit or Loss
-6.63%
Net Worth
34.80%
EBITDA
91.24%

What is the Ownership and Shareholding Structure of Simplified Woodcrafting Solutions?

Unlock access to Simplified Woodcrafting Solutions'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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹6.97 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 0.40 Cr
  • Others : 0.30 Cr

Latest Charge Details

DateLenderAmountStatus
16 Aug 2024Others₹2.97 MOpen
22 Dec 2023Yes Bank Limited₹4.00 MOpen

How Many Employees Work at Simplified Woodcrafting Solutions?

Simplified Woodcrafting Solutions has a workforce of 7 employees as of Mar 27, 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 Simplified Woodcrafting 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 Simplified Woodcrafting 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 Simplified Woodcrafting Solutions

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 2.97 M with Charge ID 100965751 was registered on 16 Aug 2024.

    16 Aug 2024

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 4.00 M with Charge ID 100838125 was registered on 22 Dec 2023.

    22 Dec 2023

  • Annual General Meeting

    Simplified Woodcrafting Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Simplified Woodcrafting Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Venkatesh Ekambara was appointed as a Director was appointed as a Director on 17 Jul 2020 & has been associated with this company since 4 years 7 months .

    17 Jul 2020

  • Director Appointment

    Venkatesh Hemalatha was appointed as a Director was appointed as a Director on 17 Jul 2020 & has been associated with this company since 4 years 7 months .

    17 Jul 2020

Frequently asked questions

  • Simplified Woodcrafting Solutions Private Limited was incorporated on 17 Jul 2020.

  • The authorized share capital of Simplified Woodcrafting Solutions Private Limited is ₹ 1.50 M and paid-up capital is ₹ 1.00 M.

  • Currently 2 directors are associated with Simplified Woodcrafting Solutions Private Limited.

    • Venkatesh Ekambara
    • Venkatesh Hemalatha
  • As per Ministry of Corporate Affairs (Mca), the registered address of Simplified Woodcrafting Solutions Private Limited is Sy.No.12/1B2 Shed No.10 11 Gurunanjundaiah Industrial Estate Abbigere, Lakshmipura Main Road India, Bangalore, Karnataka, 560090.

  • The corporate identification number (CIN) of Simplified Woodcrafting Solutions Private Limited is U36990KA2020PTC136091 and the company number is 136091 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Simplified Woodcrafting Solutions Private Limited is https://www.simplifiedwoodcrafting.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Simplified Woodcrafting Solutions Private Limited has fallen by -1.83%.

  • As Per 2023 financial reports, 7 employees are currently employed by Simplified Woodcrafting Solutions Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Simplified Woodcrafting Solutions Private Limited has experienced an upsurge of 34.80%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Simplified Woodcrafting Solutions Private Limited amount to ₹ 6.97 M.

  • The most recent Balance Sheet for Simplified Woodcrafting Solutions Private Limited was filed with the ROC on 31 Mar 2023.