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Movefwd Solutions Private Limited - business services in Gurugram, Haryana, India. Directors, charges & compliance details.
Revenue · FY 2023
₹18.49 Lakh
▼ 32% YoY
Net profit · FY 2023
₹988
Net margin 0.1%
EBITDA · FY 2023
₹54,322
EBITDA margin 2.9%
Authorised capital
₹9 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
Last financials
Mar 2023
Balance sheet date
About Movefwd Solutions Private Limited
Data last updated:
Movefwd Solutions Private Limited is a private limited company based in Gurugram, Haryana, India, recognised as a startup by DPIIT. It operates in the diversified business activities segment of the business services sector. It was incorporated on 21 July 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Haryana, under CIN U74999HR2020PTC087714.
The company has an authorised share capital of ₹9 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Rachana Chaturvedi and Ravi Kant Sinha.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Flat No. 302 H.No. 1435/5 Patel Nagar Gurugram Haryana – 122001, Haryana, India – 122001.
As per the financials filed for FY 2023, the company reported a revenue of ₹18.49 Lakh, a decline of 32% compared to the previous year. For the same year it recorded a net profit of ₹988 (net margin 0.1%) and EBITDA of ₹54,322 (EBITDA margin 2.9%).
Movefwd Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-05-0002147). For more details, the company can be reached via its website movefwd.in.
Company details
CIN U74999HR2020PTC087714
Registration Number 087714
Incorporation Date 21 July 2020
ROC Haryana
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-HR-05-0002147
Recognitions & Rankings of Movefwd Solutions
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2020-21)
- Udyam number
- UDYAM-HR-05-0002147
Contact details
Movefwd Solutions Private Limited's registered office is in Gurugram, Haryana.
- Registered AddressFlat No. 302 H.No. 1435/5 Patel Nagar Gurugram Haryana – 122001, Haryana, India – 122001
- IndustryBusiness Services, Miscellaneous Business Activities, Other Services
Comprehensive company report
Movefwd 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
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Business activity
The main business activities of Movefwd Solutions are trade and support service to organizations. In detail, this covers wholesale trading and other support services to organizations. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Movefwd Solutions Private Limited, buy the company report.
Financials of Movefwd Solutions Private Limited
FY 2023 filings availableMovefwd Solutions Private Limited reported revenue of ₹18.49 Lakh (down 32% YoY) for FY 2023.
Revenue · FY 2023
₹18.49 Lakh ▼ 32%
Net profit · FY 2023
₹988 margin 0.1%
EBITDA · FY 2023
₹54,322 margin 2.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 32%
EBITDA CAGR growth
1 year
▲ 10%
Revenue fell 32% in the latest year. EBITDA rose 10% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| 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 | ₹54,322 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹988 | ||
| 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 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 2.9% | ||
| Net Profit Margin | 0.1% | ||
| 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 Movefwd Solutions Private Limited, buy the company report.
Board of directors of Movefwd Solutions Private Limited
Movefwd Solutions has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rachana Chaturvedi | Director | 19 Jul 2021 | 5 Years 3 Months | Current |
| Ravi Kant Sinha | Director | 21 Jul 2020 | 6 Years 3 Months | Current |
Peer comparison
Movefwd Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Balajee Filtration Products Private Limited | ₹18.49 Lakh (FY 2025) | -5.0% | Delhi, India | |||
| Greenley Overseas Limited | ₹18.49 Lakh (FY 2023) | -89.0% | Delhi, India | |||
| Novus Solar & Security Systems Private Limited | ₹18.49 Lakh (FY 2020) | 30.0% | Kozhikode, Kerala, India | |||
| Dishaa Polyplast Private Limited | ₹18.49 Lakh (FY 2015) | Jabalpur, Madhya Pradesh, India | ||||
| Ardent India Private Limited | ₹18.49 Lakh (FY 2020) | -17.0% | New Delhi, Delhi, India | |||
| Movefwd Solutions Private Limitedthis company | ₹18.49 Lakh (FY 2023) | ₹988 | 0.1% | -32.0% | Gurugram, Haryana, India | |
| Oneshoppe Solutions Private Limited | ₹18.48 Lakh (FY 2023) | -62.0% | Hyderabad, Telangana, India | |||
| Autograph Technologies Private Limited | ₹18.48 Lakh (FY 2023) | -14.0% | Mumbai, Maharashtra, India | |||
| Vikramshila Marketing Private Limited | ₹18.48 Lakh (FY 2022) | Bhagalpur, Bihar, India | ||||
| Exousia Healthcare Private Limited | ₹18.48 Lakh (FY 2025) | 74.0% | Badlapur, Maharashtra, India | |||
| Full Circle Organic Private Limited | ₹18.48 Lakh (FY 2024) | 71.0% | Gurugram, Haryana, India |
To see the full peer comparison of Movefwd Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Movefwd 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 Movefwd Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Movefwd Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Movefwd Solutions Private Limited has 4 board changes on record since 2020: 2 appointments and 2 cessations. The latest: Rachana Chaturvedi ceased to be Additional Director on 31 Dec 2021.
AGM
Movefwd Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Movefwd Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Haryana.
Ceased
Rachana Chaturvedi ceased to be Additional Director.
Ceased
Neetu Chaturvedi ceased to be Director.
Appointed
Rachana Chaturvedi was appointed as Director.
Appointed
Ravi Kant Sinha was appointed as Director.
Incorporation
21 Jul 2020
Movefwd Solutions Private Limited was registered on 21 Jul 2020 with Roc Haryana & aged 6 years 3 months as per MCA records.
Frequently asked questions
Movefwd Solutions is an active private limited company based in Gurugram, Haryana, India. The company works in miscellaneous business activities, within the business services industry. It was incorporated on 21 July 2020 (6+ years old) and is registered under CIN U74999HR2020PTC087714.
Movefwd Solutions has 2 current directors:
- Rachana Chaturvedi - Director
- Ravi Kant Sinha - Director
The latest financial statements of Movefwd Solutions on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2021 are in the company report.
The CIN (Corporate Identification Number) of Movefwd Solutions is U74999HR2020PTC087714. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Movefwd Solutions was incorporated on 21 July 2020, making it 6+ years old. It is registered with the Registrar of Companies, Haryana.
The peers of Movefwd Solutions by revenue are Balajee Filtration Products Private Limited, Greenley Overseas Limited, Novus Solar & Security Systems Private Limited, Dishaa Polyplast Private Limited, Ardent India Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Rachana Chaturvedi ceased to be Additional Director on 31 Dec 2021. Neetu Chaturvedi ceased to be Director on 19 Jul 2021. Rachana Chaturvedi was appointed as Director on 19 Jul 2021. Movefwd Solutions has 4 board changes on record in total.
Yes, Movefwd Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Movefwd Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-HR-05-0002147).
Movefwd Solutions can be reached through the website movefwd.in. Its registered office is in Gurugram, Haryana, India.
The registered office of Movefwd Solutions is at Flat No. 302 H.No. 14355 Patel Nagar Gurugram Haryana – 122001, Haryana, India – 122001.