Floter Services & Solutions Private Limited
About Floter Services & Solutions Private Limited
Data last updated:
Floter Services & Solutions Private Limited was a private limited company based in Jatni, Odisha, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the service-based operations segment of the business services sector. It was incorporated on 28 July 2017.
The company was registered with the Registrar of Companies (ROC), Cuttack, under CIN U74999OR2017PTC027425. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Floter Cargo Cab Service Private Limited. It was led by directors Rahul Kumar Agarwal and Bharati Devi Agrawal.
Its last annual general meeting (AGM) was held on 31 May 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at Flat No – 301 Shining Villa Bikash Nagar, Jatni, Odisha, India – 752050.
As per the financials filed for FY 2021, the company reported a revenue of ₹20,000, a decline of 91% compared to the previous year. For the same year it recorded a net loss of ₹58,295 (net margin -291.5%) and EBITDA of -₹16,833 (EBITDA margin -84.2%). Revenue has declined at a compounded annual rate (CAGR) of 65% over three years.
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- Registered AddressFlat No – 301 Shining Villa Bikash Nagar, Jatni, Odisha, India – 752050
- IndustryBusiness Services, Other Services, Miscellaneous Business Activities
- 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
- One PDF report, delivered after checkout
Business Activity of Floter Services & Solutions Private Limited
The main business activity of Floter Services & Solutions is transport and storage. In detail, this covers land transport via road.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| H | Transport and storage | H1 | Land Transport via Road | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Floter Services & Solutions Private Limited FY 2022 filings available
Floter Services & Solutions Private Limited reported revenue of ₹20,000 (down 91% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Floter Services & Solutions Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 65% over three years, including a 91% fall in the latest year. EBITDA rose 78% 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 of Floter Services & Solutions Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 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 | -₹16,833 | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹58,295 | •••• | •••• | •••• |
| 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 of Floter Services & Solutions Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -84.2% | •••• | •••• | •••• |
| Net Profit Margin | -291.5% | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Floter Services & Solutions are in the company report.
Financial statements from FY 2018
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Floter Services & Solutions Private Limited
Floter Services & Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Land Transport via Road). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| JBM Logistics Private Limited | ₹21,702 (FY 2021) | •••• | •••• | 32782.0% | •••• | Delhi, India |
| KJB Logistics and Carrier Private Limited | ₹21,620 (FY 2022) | •••• | •••• | •••• | Agra, Uttar Pradesh, India | |
| Upb Infra Private Limited | ₹21,480 (FY 2025) | •••• | •••• | 6.0% | •••• | Ranchi, Jharkhand, India |
| Ganga Jamuna Logistics Private Limited | ₹21,034 (FY 2022) | •••• | •••• | 106.0% | •••• | Agra, Uttar Pradesh, India |
| Mehar Logistics Private Limited | ₹21,000 (FY 2021) | •••• | •••• | •••• | Delhi, India | |
| Floter Services & Solutions Private Limited this company | ₹20,000 (FY 2021) | •••• | •••• | -91.0% | •••• | Jatni, Odisha, India |
| Ideal Getaways (OPC) Private Limited | ₹20,000 (FY 2021) | •••• | •••• | -69.0% | •••• | Berhampur, Odisha, India |
| Sia Supply Chain Private Limited | ₹19,750 (FY 2019) | •••• | •••• | -98.0% | •••• | Sonarpada, Dombivali East, Maharashtra, India |
| Rivo Logistics Solutions Private Limited | ₹19,709 (FY 2024) | •••• | •••• | •••• | Thane, Maharashtra, India | |
| Simran Buses Limited | ₹19,012 (FY 2017) | •••• | •••• | •••• | Kurali, Punjab, India | |
| All India Carriers Private Limited | ₹18,420 (FY 2018) | •••• | •••• | 8.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Floter Services & Solutions by revenue in the same principal business activity (Land Transport via Road), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Floter Services & Solutions Private Limited
Floter Services & Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rahul Kumar Agarwal | Director | 28 Jul 2017 | 9 Years 2 Months | As last reported |
| Bharati Devi Agrawal | Director | 28 Jul 2017 | 9 Years 2 Months | As last reported |
Ownership and Shareholding of Floter Services & Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Floter Services & Solutions Private Limited
Floter Services & Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Floter Services & Solutions Private Limited
Employment history and EPFO contributions of people linked to Floter Services & Solutions.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Floter Services & Solutions Private Limited
Floter Services & Solutions Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Bharati Devi Agrawal was appointed as Director on 28 Jul 2017.
Credit Ratings, Litigation & Regulatory Alerts for Floter Services & Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Floter Services & Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Floter Services & Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Floter Services & Solutions Private Limited
Floter Services & Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Floter Services & Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Floter Services & Solutions Private Limited
Floter Services & Solutions has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Floter Services & Solutions was a private limited company based in Jatni, Odisha, India. The company worked in other services, within the business services industry. It was incorporated on 28 July 2017 and is registered under CIN U74999OR2017PTC027425. The company has been struck off by the Registrar of Companies and is no longer operational.
Floter Services & Solutions had 2 directors:
- Rahul Kumar Agarwal - Director
- Bharati Devi Agrawal - Director
The CIN (Corporate Identification Number) of Floter Services & Solutions is U74999OR2017PTC027425. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Floter Services & Solutions is at Flat No – 301 Shining Villa Bikash Nagar, Jatni, Odisha, India – 752050.
Floter Services & Solutions was incorporated on 28 July 2017. It is registered with the Registrar of Companies, Cuttack.
Floter Services & Solutions reported revenue of ₹20,000 for FY 2021 (down 91% YoY).
Floter Services & Solutions has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh.
Floter Services & Solutions reported a net loss of ₹58,295 (net margin -291.5%) and EBITDA of -₹16,833 (EBITDA margin -84.2%) for FY 2021, as per its filed financial statements.
No. Floter Services & Solutions has 1 GST registration on record and it is cancelled or inactive.
Floter Services & Solutions operated in the business services industry, in the other services segment. It worked in this industry before it was struck off.