Ab Financial Solutions Private Limited

Ab Financial Solutions Private Limited - business outsourcing in Delhi, India. Directors, charges & compliance details.
CIN U63011DL2006PTC153949 Incorporated 16 September 2006 ROC Delhi HQ Delhi, India
Converted to LLP Private Limited Company business outsourcing
Data last updated
Revenue · FY 2022
₹19.84 Lakh
▲ 1% YoY
Net profit · FY 2022
₹93,719
Net margin 4.7%
EBITDA · FY 2022
₹3.27 Lakh
EBITDA margin 16.5%
Authorised capital
₹2 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
20 yrs
Est. 2006
Directors on board
2
As per MCA filings
Last financials
Mar 2022
Balance sheet date

About Ab Financial Solutions Private Limited

Data last updated:

Ab Financial Solutions Private Limited was a private limited company based in Delhi, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the accounting and financial analysis segment of the business process outsourcing sector. It was incorporated on 16 September 2006.

The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U63011DL2006PTC153949.

The company had an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Shields Logistics Private Limited and Shields Logistics and Trading Private Limited. It was led by directors Shivam Sharma and Lallan Kumar.

Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at 201 2nd Floor Himland House Karampura Commercial Complex, Delhi, India – 110015.

As per the financials filed for FY 2022, the company reported a revenue of ₹19.84 Lakh, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹93,719 (net margin 4.7%) and EBITDA of ₹3.27 Lakh (EBITDA margin 16.5%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 16% over five years.

Company details

CIN U63011DL2006PTC153949
Registration Number 153949
Incorporation Date 16 September 2006
ROC Delhi
Listing Status Unlisted
Company Status Converted to LLP
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant

Name history

Ab Financial Solutions has undergone 2 name changes throughout its history. The company was previously known as Shields Logistics Private Limited, and Shields Logistics And Trading Private Limited. The current legal name is Ab Financial Solutions Private Limited.

Company NameStatus
Ab Financial Solutions Private LimitedCurrent
Shields Logistics Private LimitedPrevious
Shields Logistics And Trading Private LimitedPrevious

Contact details

Ab Financial Solutions Private Limited's registered office is in Delhi, Delhi. Its e-mail address is in the company report.

  • Email
  • Registered Address
    201 2nd Floor Himland House Karampura Commercial Complex, Delhi, India – 110015
  • Industry
    Business Outsourcing, Accounting and Financial Analysis

To see the full contact details of Ab Financial Solutions Private Limited, buy the company report.

Comprehensive company report
Ab Financial Solutions Private Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Business activity

The main business activity of Ab Financial Solutions is professional, scientific and technical. In detail, this covers accounting, book keeping and auditing activities, tax consultancy.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM2Accounting, book keeping and auditing activities, tax consultancy

To see the full business activity and turnover split of Ab Financial Solutions Private Limited, buy the company report.

Financials of Ab Financial Solutions Private Limited

FY 2022 filings available

Ab Financial Solutions Private Limited reported revenue of ₹19.84 Lakh (up 1% YoY) for FY 2022.

Revenue · FY 2022
₹19.84 Lakh ▲ 1%
Net profit · FY 2022
₹93,719 margin 4.7%
EBITDA · FY 2022
₹3.27 Lakh margin 16.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 1%
3 years · compounded
▲ 4%
5 years · compounded
▲ 16%
EBITDA CAGR growth
1 year
▼ 26%
3 years · compounded
▲ 17%
5 years · compounded
▲ 19%

Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 1% growth in the latest year. EBITDA fell 26% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹19.84 Lakh
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹3.27 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹93,719
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profitability
EBITDA Margin16.5%
Net Profit Margin4.7%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Ab Financial Solutions Private Limited, buy the company report.

Board of directors of Ab Financial Solutions Private Limited

Ab Financial Solutions has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Shivam SharmaDirector12 Aug 20206 Years 2 MonthsAs last reported
Lallan KumarDirector30 Jan 201610 Years 9 MonthsAs last reported

Peer comparison

Ab Financial Solutions Private Limited is compared with the 6 companies closest to it by revenue in the Outsourcing industry (Accounting and Financial Analysis), with the same principal business activity (accounting, book keeping and auditing activities, tax consultancy), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Fincrew Consultants Private Limited₹19.86 Lakh (FY 2024)29.0%Delhi, India
Apt Compliance Solutions Private Limited₹19.86 Lakh (FY 2024)1.0%Bangalore, Karnataka, India
Chartsbridge Corporate Services Private Limited₹19.86 Lakh (FY 2024)14.0%Hyderabad, Telangana, India
GRR Advisory Services Private Limited₹19.84 Lakh (FY 2025)1.0%Surat, Gujarat, India
Ab Financial Solutions Private Limitedthis company₹19.84 Lakh (FY 2022)₹93,7194.7%1.0%Delhi, India
Jodidar's Accounting Services Private Limited₹19.83 Lakh (FY 2024)46.0%Bangalore, Karnataka, India
Sulab Filing Consultancy Private Limited₹19.82 Lakh (FY 2025)1.0%Bangalore, Karnataka, India

To see the full peer comparison of Ab Financial Solutions Private Limited, buy the company report.

Auditor

Ab Financial Solutions Private Limited is audited by S K SINGLA & ASSOCIATES for the financial year 2020.

Auditor firmFinancial yearFirm registration number
S K SINGLA & ASSOCIATESFY 2020005903N

Shareholding

The shareholding of Ab Financial Solutions Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2020FY 2019FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Ab Financial Solutions Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Ab Financial Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

No GST registration is on our record for Ab Financial Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Ab Financial Solutions Private Limited has 7 board changes on record since 2011: 2 appointments and 5 cessations. The latest: Anu Goyal ceased to be Director on 12 Aug 2020.

AGM
Ab Financial Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Ab Financial Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Delhi.
Ceased
Anu Goyal ceased to be Director.
Appointed
Shivam Sharma was appointed as Director.
Ceased
Lallan Kumar ceased to be Additional Director.
Ceased
Jivan Kumar Jyoti ceased to be Director.
Appointed
Lallan Kumar was appointed as Director.
Ceased
Abhay Agrawal ceased to be Director.
Ceased
Poonam Upadhyay ceased to be Director.
Incorporation
16 Sep 2006
Ab Financial Solutions Private Limited was registered on 16 Sep 2006 with Roc Delhi & aged 20 years 1 month as per MCA records.

Frequently asked questions

Ab Financial Solutions has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.

Ab Financial Solutions was a private limited company based in Delhi, India. The company worked in accounting and financial analysis, within the business outsourcing industry. It was incorporated on 16 September 2006 and is registered under CIN U63011DL2006PTC153949. For the latest details, refer to the successor LLP entity.

The CIN (Corporate Identification Number) of Ab Financial Solutions is U63011DL2006PTC153949. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Ab Financial Solutions had 2 directors:

Ab Financial Solutions was incorporated on 16 September 2006. It is registered with the Registrar of Companies, Delhi.

The registered office of Ab Financial Solutions is at 201 2nd Floor Himland House Karampura Commercial Complex, Delhi, India – 110015.

The latest financial statements of Ab Financial Solutions on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.

Ab Financial Solutions operated in the business outsourcing industry, in the accounting and financial analysis segment.

The peers of Ab Financial Solutions by revenue are Fincrew Consultants Private Limited, Apt Compliance Solutions Private Limited, Chartsbridge Corporate Services Private Limited, GRR Advisory Services Private Limited, Jodidar's Accounting Services Private Limited and 1 more, all in the Outsourcing industry (Accounting and Financial Analysis), with the same principal business activity (accounting, book keeping and auditing activities, tax consultancy).

Anu Goyal ceased to be Director on 12 Aug 2020. Shivam Sharma was appointed as Director on 12 Aug 2020. Lallan Kumar ceased to be Additional Director on 30 Sep 2016. Ab Financial Solutions has 7 board changes on record in total.

The compliance status of Ab Financial Solutions is compliant as of 31 July 2026.