Speed Engineering Solutions Private Limited

Provides engineering consulting, design, analysis, and training services in various industries.

2006 | Goa, Goa (India) | Active
Last Updated: January 03, 2025

Speed Engineering Solutions Profile

Key Indicators

  • Authorised Capital ₹ 0.20 M
  • Paid Up Capital ₹ 0.14 M
  • Company Age 18 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 9.90 M
  • Revenue Growth 30.94%
  • Profit Growth 83.35%
  • Ebitda 52.88%
  • Net Worth 48.30%
  • Total Assets 37.06%

About Speed Engineering Solutions

Speed Engineering Solutions Private Limited (SESPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 June 2006 and has a history of 18 years and eight months. Its registered office is in Goa, Goa, India.

The Company is engaged in the Engineering 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 0.20 M and a paid-up capital of Rs 0.14 M.

The company currently has active open charges totaling ₹9.90 M.

Gandha Gurav, Sheetalkumar Patil, Pravin Gurav, and One other member serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U74210GA2006PTC004693

  • Company No.

    004693

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Jun 2006

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Goa

Industry

Engineering

What products or services does Speed Engineering Solutions Private Limited offer?

Speed Engineering Solutions Private Limited offers a wide range of products and services, including Architectural & Civil Engineering, Civil Engineering Service, Air Intakes, Exhaust Systems & Parts, Exhaust System & System Components, Repair & Maintenance Services, Machinery Repairs, IT, Networking & Automation Solution, IT Solutions.

Who are the key members and board of directors at Speed Engineering Solutions?

Board Members (4)

Name Designation Appointment Date Status
Sandesh Sawant Country flag representing In Director 28-Jul-2018 Current
Pravin Gurav Country flag representing In Director 02-Apr-2016 Current
Gandha Gurav Country flag representing In Director 16-Jun-2006 Current
Sheetalkumar Patil Country flag representing In Director 15-Jan-2016 Current

Financial Performance of Speed Engineering Solutions.

Speed Engineering Solutions Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 30.94% increase. The company also saw a substantial improvement in profitability, with a 83.35% increase in profit. The company's net worth Soared by an impressive increase of 48.3%.

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
30.94%
Revenue from Operations
32.10%
Total Assets
37.06%
Profit or Loss
83.35%
Net Worth
48.30%
EBITDA
52.88%

What is the Ownership and Shareholding Structure of Speed Engineering Solutions?

In 2021, Speed Engineering Solutions had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹9.90 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.99 Cr

Latest Charge Details

Date Lender Amount Status
10 Jun 2019 Hdfc Bank Limited ₹9.90 M Open

How Many Employees Work at Speed Engineering Solutions?

Speed Engineering Solutions has a workforce of 384 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 Speed Engineering 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 Speed Engineering 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 Speed Engineering Solutions

Recent activity within the organization

  • Annual General Meeting

    Speed Engineering 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

    Speed Engineering Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Goa.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 9.90 M registered on 10 Jun 2019 with Charge ID 100268654 was modified on 22 Apr 2022.

    22 Apr 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 9.90 M with Charge ID 100268654 was registered on 10 Jun 2019.

    10 Jun 2019

  • Director Appointment

    Sandesh Sawant was appointed as a Director was appointed as a Director on 28 Jul 2018 & has been associated with this company since 6 years 6 months .

    28 Jul 2018

  • Director Appointment

    Pravin Ramachandra Gurav was appointed as a Director was appointed as a Director on 02 Apr 2016 & has been associated with this company since 8 years 10 months .

    02 Apr 2016

Frequently asked questions

  • Speed Engineering Solutions Private Limited was incorporated on 16 Jun 2006.

  • The authorized share capital of Speed Engineering Solutions Private Limited is ₹ 0.20 M and paid-up capital is ₹ 0.14 M.

  • Currently 4 directors are associated with Speed Engineering Solutions Private Limited.

    • Gandha Pravin Gurav
    • Sheetalkumar Shamrao Patil
    • Pravin Ramachandra Gurav
    • Sandesh Sawant
  • As per Ministry of Corporate Affairs (Mca), the registered address of Speed Engineering Solutions Private Limited is B Naroo Harmony, La Citadel Colony Dona Paula India, Panaji, Goa, 403004.

  • The corporate identification number (CIN) of Speed Engineering Solutions Private Limited is U74210GA2006PTC004693 and the company number is 004693 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Speed Engineering Solutions Private Limited is https://www.speed-engineering.co.in

  • According to the financial reports for the fiscal year 2021, the revenue trend for Speed Engineering Solutions Private Limited has risen by 30.94%.

  • As Per 2021 financial reports, 384 employees are currently employed by Speed Engineering Solutions Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Speed Engineering Solutions Private Limited has experienced an upsurge of 48.30%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Speed Engineering Solutions Private Limited amount to ₹ 9.90 M.

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

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