Ace Paddlers Private Limited

Ace Paddlers Private Limited - business outsourcing in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U92412KA2007PTC043874 Incorporated 14 September 2007 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company business outsourcing MSME · Micro
Data last updated
Revenue · FY 2022
₹45.65 Lakh
▲ 9% YoY
Net profit · FY 2022
₹51,856
Net margin 1.1%
EBITDA · FY 2022
₹2.33 Lakh
EBITDA margin 5.1%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
19 yrs
Est. 2007
Directors on board
2
As per MCA filings
Active GSTINs
1
of 2 registered

About Ace Paddlers Private Limited

Data last updated:

Ace Paddlers Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 14 September 2007 and has been in existence for over 19 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U92412KA2007PTC043874. Its GSTIN is 29AAGCA5214R2Z6 (Karnataka). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sowmya Huchanahalli Sheshanna and Prema.

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 is at Bangalore, Karnataka.

As per the financials filed for FY 2022, the company reported a revenue of ₹45.65 Lakh, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹51,856 (net margin 1.1%) and EBITDA of ₹2.33 Lakh (EBITDA margin 5.1%). Revenue has declined at a compounded annual rate (CAGR) of 5% over five years.

Court records list 6 cases involving the company, including 2 filed by the company and 4 filed against it; 1 case is pending.

Ace Paddlers Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0250693). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website acepaddlers.com.

Company details

CIN U92412KA2007PTC043874
Registration Number 043874
Incorporation Date 14 September 2007
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0250693
Key People
Sowmya Huchanahalli Sheshanna Director Prema Director

Recognitions & Rankings of Ace Paddlers

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-KR-03-0250693

Contact details

Ace Paddlers Private Limited's registered office is in Bangalore, Karnataka. Its website is acepaddlers.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    acepaddlers.com
  • Registered Address
    No.384 2nd Floor Sri Hari Plaza 3rd Main Road 13th Cross Bashyam Circle Sadashivanag, Ara, Bangalore, Karnataka, India – 560080
  • Industry
    Business Outsourcing, Business & IT Consulting

To see the full contact details of Ace Paddlers Private Limited, buy the company report.

Comprehensive company report
Ace Paddlers 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
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Business activity

The main business activity of Ace Paddlers is education. In detail, this covers sports, recreation, cultural and other education.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
PEducationP3Sports, recreation, cultural and other education

To see the full business activity and turnover split of Ace Paddlers Private Limited, buy the company report.

Financials of Ace Paddlers Private Limited

FY 2022 filings available

Ace Paddlers Private Limited reported revenue of ₹45.65 Lakh (up 9% YoY) for FY 2022.

Revenue · FY 2022
₹45.65 Lakh ▲ 9%
Net profit · FY 2022
₹51,856 margin 1.1%
EBITDA · FY 2022
₹2.33 Lakh margin 5.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 9%
5 years · compounded
▼ 5%
EBITDA CAGR growth
1 year
▲ 14%
5 years · compounded
▼ 10%

Revenue rose 9% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 5%. EBITDA rose 14% 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
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹2.33 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹51,856
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 Margin5.1%
Net Profit Margin1.1%
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 Ace Paddlers Private Limited, buy the company report.

Board of directors of Ace Paddlers Private Limited

Ace Paddlers has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sowmya Huchanahalli SheshannaDirector14 Sep 200719 Years 1 MonthsCurrent
PremaDirector04 Jan 20233 Years 9 MonthsCurrent
View all directors

MSME payment delays

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

Employees & EPFO

Ace Paddlers Private Limited has 1 active EPFO establishment as of Mar 22, 2024.

Active EPFO establishments
1

GST

Ace Paddlers has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
29AAGCA5214R2Z6KarnatakaActive02 Dec 2021

To see the full GST registrations and return filing status of Ace Paddlers Private Limited, buy the company report.

Recent activity

Ace Paddlers Private Limited has 4 board changes on record since 2007: 2 appointments and 2 cessations. The latest: Prema was appointed as Director on 04 Jan 2023.

Appointed
Prema was appointed as Director.
AGM
Ace Paddlers Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Ceased
Pavan Kumar Nagappa Gowda ceased to be Additional Director.
Filing
Ace Paddlers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Bangalore.
Ceased
Manjunatha Madalagere Ramakrishna ceased to be Managing Director.
Appointed
Sowmya Huchanahalli Sheshanna was appointed as Director.
Incorporation
14 Sep 2007
Ace Paddlers Private Limited was registered on 14 Sep 2007 with Roc Bangalore & aged 19 years 1 month as per MCA records.

Frequently asked questions

Ace Paddlers is an active private limited company based in Bangalore, Karnataka, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 14 September 2007 (19+ years old) and is registered under CIN U92412KA2007PTC043874.

Ace Paddlers has 2 current directors:

The latest financial statements of Ace Paddlers 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.

The GSTIN of Ace Paddlers is 29AAGCA5214R2Z6, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Ace Paddlers is U92412KA2007PTC043874. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Ace Paddlers has 6 court cases on record: 2 filed by the company and 4 filed against it. 1 is pending.

Ace Paddlers was incorporated on 14 September 2007, making it 19+ years old. It is registered with the Registrar of Companies, Bangalore.

Prema was appointed as Director on 04 Jan 2023. Pavan Kumar Nagappa Gowda ceased to be Additional Director on 30 Sep 2022. Manjunatha Madalagere Ramakrishna ceased to be Managing Director on 30 Sep 2021. Ace Paddlers has 4 board changes on record in total.

Yes, Ace Paddlers is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0250693).

Ace Paddlers can be reached through the website acepaddlers.com. Its registered office is in Bangalore, Karnataka, India.