About Better Future Consultancy Private Limited
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Better Future Consultancy Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Better Future B V Nethrlands. It operates in the human resources segment of the professional services sector. It was incorporated on 30 April 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2010PTC053443. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Unmesh Mukund Brahme (Managing Director) and Michel Robert Barth.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at L – 9 East Wing Raheja Towers M G Road, Bangalore, Karnataka, India – 560001.
As per the financials filed for FY 2018, the company reported a revenue of ₹28.82 Lakh, a decline of 23% compared to the previous year. For the same year it recorded a net loss of ₹15.31 Lakh (net margin -53.1%) and EBITDA of -₹14.63 Lakh (EBITDA margin -50.8%). Revenue has declined at a compounded annual rate (CAGR) of 41% over three years.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website betterfuture.nl.
Company details
Contact details
Better Future Consultancy Private Limited's registered office is in Bangalore, Karnataka. Its website is betterfuture.nl. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressL – 9 East Wing Raheja Towers M G Road, Bangalore, Karnataka, India – 560001
- IndustryProfessional Services, Human Resources, Placement Services
To see the full contact details of Better Future Consultancy Private Limited, buy the company report.
- 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
Business activity
The main business activity of Better Future Consultancy is support service to organizations. In detail, this covers placement agencies and hr management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N2 | Placement agencies and HR management services |
To see the full business activity and turnover split of Better Future Consultancy Private Limited, buy the company report.
Financials of Better Future Consultancy Private Limited
FY 2018 filings availableBetter Future Consultancy Private Limited reported revenue of ₹28.82 Lakh (down 23% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 41% over three years, including a 23% fall in the latest year. EBITDA rose 71% 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | -₹14.63 Lakh | |||
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| Net Profit (PAT) | -₹15.31 Lakh | |||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | ||||
| EBITDA Margin | -50.8% | |||
| Net Profit Margin | -53.1% | |||
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To see the full financial statements and ratios of Better Future Consultancy Private Limited, buy the company report.
Board of directors of Better Future Consultancy Private Limited
Better Future Consultancy has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Michel Robert Barth | Director | 28 May 2010 | 16 Years 5 Months | Current |
| David Adrianus Martinus Jongeneelen | Director | 28 May 2010 | 16 Years 5 Months | Current |
| Unmesh Mukund Brahme | Managing Director | 02 May 2016 | 10 Years 6 Months | Current |
| Prasad Menon Also directs: Striders Impex Limited | Director | 26 Jul 2017 | 9 Years 3 Months | Current |
Peer comparison
Better Future Consultancy Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (placement agencies and hr management services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Calibre Personnel Services Private Limited | ₹29.05 Lakh (FY 2020) | 4938.0% | Mumbai, Maharashtra, India | |||
| Vraj Manpower Services Private Limited | ₹28.97 Lakh (FY 2024) | Vadodara, Gujarat, India | ||||
| Glevy Service India (OPC) Private Limited | ₹28.96 Lakh (FY 2022) | Ghaziabad, Uttar Pradesh, India | ||||
| Sunstar Jobs Private Limited | ₹28.88 Lakh (FY 2022) | Mumbai, Maharashtra, India | ||||
| Rmines Services Private Limited | ₹28.84 Lakh (FY 2025) | -17.0% | Bengaluru, Karnataka, India | |||
| Better Future Consultancy Private Limitedthis company | ₹28.82 Lakh (FY 2018) | -₹15.31 Lakh | -53.1% | -23.0% | Bangalore, Karnataka, India | |
| Vforce Placement Services Private Limited | ₹28.8 Lakh (FY 2024) | 265.0% | Mayiladuthurai, Tamil Nadu, India | |||
| Nykinsky Business Management Consulting Private Limited | ₹28.74 Lakh (FY 2024) | -63.0% | Purnia, Bihar, India | |||
| Sorthire Solutions Private Limited | ₹28.69 Lakh (FY 2022) | Bangalore, Karnataka, India | ||||
| Getify Business Services Private Limited | ₹28.68 Lakh (FY 2024) | Coimbatore, Tamil Nadu, India | ||||
| Megatron Consulting Private Limited | ₹28.67 Lakh (FY 2024) | 2.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Better Future Consultancy Private Limited, buy the company report.
Auditor
Better Future Consultancy Private Limited is audited by ANILDSOUZA for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANILDSOUZA | FY 2017 | 219869 |
Shareholding
The shareholding of Better Future Consultancy Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Better Future Consultancy Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Better Future Consultancy Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Better Future Consultancy Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Better Future Consultancy has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Better Future Consultancy Private Limited, buy the company report.
Recent activity
Better Future Consultancy Private Limited has 9 board changes on record since 2010: 4 appointments and 5 cessations. The latest: Prasad Menon ceased to be Director on 10 Jun 2019.
Frequently asked questions
Better Future Consultancy is an active private limited company based in Bangalore, Karnataka, India. The company works in human resources, within the professional services industry. It was incorporated on 30 April 2010 (16+ years old) and is registered under CIN U74900KA2010PTC053443.
Better Future Consultancy has 4 current directors:
- Unmesh Mukund Brahme - Managing Director
- Michel Robert Barth - Director
- David Adrianus Martinus Jongeneelen - Director
- Prasad Menon - Director
The latest financial statements of Better Future Consultancy on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
No. Better Future Consultancy has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Better Future Consultancy is U74900KA2010PTC053443. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Better Future Consultancy was incorporated on 30 April 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Better Future Consultancy by revenue are Calibre Personnel Services Private Limited, Vraj Manpower Services Private Limited, Glevy Service India (OPC) Private Limited, Sunstar Jobs Private Limited, Rmines Services Private Limited and 5 more, all in the same principal business activity (placement agencies and hr management services).
Prasad Menon ceased to be Director on 10 Jun 2019. Ramanathan Uthara Narayanan ceased to be Director on 27 Mar 2018. Prasad Menon was appointed as Director on 26 Jul 2017. Better Future Consultancy has 9 board changes on record in total.
Better Future Consultancy can be reached through the website betterfuture.nl. Its registered office is in Bangalore, Karnataka, India.
The registered office of Better Future Consultancy is at L – 9 East Wing Raheja Towers M G Road, Bangalore, Karnataka, India – 560001.
Better Future Consultancy operates in the professional services industry, in the human resources segment.
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