Betterberight Business Services Private Limited
About Betterberight Business Services Private Limited
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Betterberight Business Services Private Limited is a private limited company based in Majalgaon, Maharashtra, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 29 November 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN U74999MH2019PTC333806. Its GSTIN is 27AAICB7769G1Z7 (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Shankar Ashok Yadav and Shivahari Ashok Yadav.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at C/O Sushma Yeshwant Solanke Nilkanth Agency Majalgaon Samata Colony, Maharashtra, India – 431131.
As per the financials filed for FY 2021, the company reported a revenue of ₹98,400, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹4.34 Lakh (net margin -441.1%) and EBITDA of -₹3.89 Lakh (EBITDA margin -394.9%).
Company details
Contact details
Betterberight Business Services Private Limited's registered office is in Majalgaon, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC/O Sushma Yeshwant Solanke Nilkanth Agency Majalgaon Samata Colony, Maharashtra, India – 431131
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Betterberight Business Services 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 Betterberight Business Services is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities |
To see the full business activity and turnover split of Betterberight Business Services Private Limited, buy the company report.
Financials of Betterberight Business Services Private Limited
FY 2021 filings availableBetterberight Business Services Private Limited reported revenue of ₹98,400 (up 565% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue rose 565% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹98,400 | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹3.89 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹4.34 Lakh | |
| 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 | ||
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| Total Assets | ||
Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -394.9% | |
| Net Profit Margin | -441.1% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
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| Revenue Growth | ||
| Net Profit Growth | ||
To see the full financial statements and ratios of Betterberight Business Services Private Limited, buy the company report.
Board of directors of Betterberight Business Services Private Limited
Betterberight Business Services has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shankar Ashok Yadav | Director | 29 Nov 2019 | 6 Years 11 Months | Current |
| Shivahari Ashok Yadav Also directs: SSR Smartworld Electronics Private Limited, Shivshiti Finance Private Limited, Dhunkeshwar Urban Nidhi Limited and 2 more | Director | 29 Nov 2019 | 6 Years 11 Months | Current |
Auditor
Betterberight Business Services Private Limited is audited by RATAN CHANDAK & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RATAN CHANDAK & CO | FY 2021 | 108696W |
Shareholding
The shareholding of Betterberight Business Services Private Limited is on record for 2 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Betterberight Business Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Betterberight Business Services 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 Betterberight Business Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Betterberight Business Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICB7769G1Z7 | Maharashtra | Active | 05 Dec 2019 |
To see the full GST registrations and return filing status of Betterberight Business Services Private Limited, buy the company report.
Recent activity
Betterberight Business Services Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Shankar Ashok Yadav was appointed as Director on 29 Nov 2019.
Frequently asked questions
Betterberight Business Services is an active private limited company based in Majalgaon, Maharashtra, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 29 November 2019 (7+ years old) and is registered under CIN U74999MH2019PTC333806.
Betterberight Business Services has 2 current directors:
- Shankar Ashok Yadav - Director
- Shivahari Ashok Yadav - Director
The latest financial statements of Betterberight Business Services on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Betterberight Business Services is 27AAICB7769G1Z7, registered in Maharashtra.
The CIN (Corporate Identification Number) of Betterberight Business Services is U74999MH2019PTC333806. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Betterberight Business Services was incorporated on 29 November 2019, making it 7+ years old. It is registered with the Registrar of Companies, Nagpur.
Shankar Ashok Yadav was appointed as Director on 29 Nov 2019. Shivahari Ashok Yadav was appointed as Director on 29 Nov 2019.
The registered office of Betterberight Business Services is at CO Sushma Yeshwant Solanke Nilkanth Agency Majalgaon Samata Colony, Maharashtra, India – 431131.
Betterberight Business Services operates in the business outsourcing industry, in the business and IT consulting segment.
Betterberight Business Services can be reached at its registered office: CO Sushma Yeshwant Solanke Nilkanth Agency Majalgaon Samata Colony, Maharashtra, India – 431131.
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