MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-RJ-17-0168841
Future Accounting Solutions Private Limited
Future Accounting Solutions Private Limited - business outsourcing in Jaipur, Rajasthan, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹2.11 Cr
▼ 36% YoY
Net profit · FY 2024
₹5,000
Net margin 0%
EBITDA · FY 2024
₹5.62 Lakh
EBITDA margin 2.7%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Future Accounting Solutions Private Limited
Data last updated:
Future Accounting Solutions Private Limited is a private limited company based in Jaipur, Rajasthan, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 15 November 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U74999RJ2017PTC059500. Its GSTIN is 08AALCM4443R1ZP (Rajasthan).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Mrg Consultancy Private Limited. It is led by directors Reena Gupta and Ramesh Kumar Garg.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at G – F A – 361 Vidhut Nagar Ajmer Road, Jaipur, Rajasthan, India – 302019.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.11 Cr, a decline of 36% compared to the previous year. For the same year it recorded a net profit of ₹5,000 (net margin 0%) and EBITDA of ₹5.62 Lakh (EBITDA margin 2.7%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 18% over five years.
Future Accounting Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-RJ-17-0168841). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U74999RJ2017PTC059500
Registration Number 059500
Incorporation Date 15 November 2017
ROC Jaipur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-RJ-17-0168841
Key People
Reena Gupta Director Ramesh Kumar Garg Director Recognitions & Rankings of Future Accounting Solutions
Contact details
Future Accounting Solutions Private Limited's registered office is in Jaipur, Rajasthan. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressG – F A – 361 Vidhut Nagar Ajmer Road, Jaipur, Rajasthan, India – 302019
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Future Accounting Solutions Private Limited, buy the company report.
Comprehensive company report
Future Accounting 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 Future Accounting Solutions is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Future Accounting Solutions Private Limited, buy the company report.
Financials of Future Accounting Solutions Private Limited
FY 2024 filings availableFuture Accounting Solutions Private Limited reported revenue of ₹2.11 Cr (down 36% YoY) for FY 2024.
Revenue · FY 2024
₹2.11 Cr ▼ 36%
Net profit · FY 2024
₹5,000 margin 0%
EBITDA · FY 2024
₹5.62 Lakh margin 2.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 36%
3 years · compounded
▲ 19%
5 years · compounded
▲ 18%
EBITDA CAGR growth
1 year
▼ 5%
3 years · compounded
▲ 28%
5 years · compounded
▲ 133%
Revenue fell 36% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 18%. EBITDA fell 5% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹5.62 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5,000 | ||||
| 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.7% | ||||
| Net Profit Margin | 0% | ||||
| 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 Future Accounting Solutions Private Limited, buy the company report.
Board of directors of Future Accounting Solutions Private Limited
Future Accounting Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Reena Gupta | Director | 15 Nov 2017 | 8 Years 11 Months | Current |
| Ramesh Kumar Garg | Director | 16 Jan 2024 | 2 Years 9 Months | Current |
Auditor
Future Accounting Solutions Private Limited is audited by S.THOLIA & COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.THOLIA & COMPANY | FY 2023 | 003655C |
Shareholding
The shareholding of Future Accounting Solutions Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Future Accounting Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Future Accounting Solutions 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 Future Accounting Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Future Accounting Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AALCM4443R1ZP | Rajasthan | Active | 08 Feb 2019 |
To see the full GST registrations and return filing status of Future Accounting Solutions Private Limited, buy the company report.
Recent activity
Future Accounting Solutions Private Limited has 3 board changes on record since 2017: 2 appointments and 1 cessation. The latest: Mohit Garg ceased to be Director on 29 Jan 2024.
AGM
Future Accounting Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Future Accounting Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Jaipur.
Ceased
Mohit Garg ceased to be Director.
Appointed
Ramesh Kumar Garg was appointed as Director.
Appointed
Reena Gupta was appointed as Director.
Incorporation
15 Nov 2017
Future Accounting Solutions Private Limited was registered on 15 Nov 2017 with Roc Jaipur & aged 8 years 11 months as per MCA records.
Frequently asked questions
Future Accounting Solutions is an active private limited company based in Jaipur, Rajasthan, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 15 November 2017 (9+ years old) and is registered under CIN U74999RJ2017PTC059500.
Future Accounting Solutions has 2 current directors:
- Reena Gupta - Director
- Ramesh Kumar Garg - Director
The latest financial statements of Future Accounting Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Future Accounting Solutions is 08AALCM4443R1ZP, registered in Rajasthan.
The CIN (Corporate Identification Number) of Future Accounting Solutions is U74999RJ2017PTC059500. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Future Accounting Solutions was incorporated on 15 November 2017, making it 9+ years old. It is registered with the Registrar of Companies, Jaipur.
Mohit Garg ceased to be Director on 29 Jan 2024. Ramesh Kumar Garg was appointed as Director on 16 Jan 2024. Reena Gupta was appointed as Director on 15 Nov 2017.
Yes, Future Accounting Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-RJ-17-0168841).
The registered office of Future Accounting Solutions is at G – F A – 361 Vidhut Nagar Ajmer Road, Jaipur, Rajasthan, India – 302019.
Future Accounting Solutions operates in the business outsourcing industry, in the business and IT consulting segment.