New Way Professionals Private Limited
About New Way Professionals Private Limited
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New Way Professionals Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 07 June 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72900DL2019PTC351056. Its GSTIN is 07AAGCN5601D1ZU (Delhi).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as New Way Computer Programming Academy Private Limited. It is led by directors Umesh Chander Vats and Neha Vats.
Its last annual general meeting (AGM) was held on 06 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Wz – 56 First/Floor Back Side Kh.No63/6/2 Old Mehroli Road Raj Nagar Palam Colony, New Delhi, Delhi, India – 110077.
As per the financials filed for FY 2022, the company reported a revenue of ₹38,140. For the same year it recorded a net loss of ₹1.02 Lakh (net margin -268.3%) and EBITDA of -₹84,880 (EBITDA margin -222.5%).
Company details
Contact details
New Way Professionals Private Limited's registered office is in New Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered AddressWz – 56 First/Floor Back Side Kh.No63/6/2 Old Mehroli Road Raj Nagar Palam Colony, New Delhi, Delhi, India – 110077
- IndustryInformation Technology, Other Computer Related Activities
To see the full contact details of New Way Professionals 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 New Way Professionals 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 New Way Professionals Private Limited, buy the company report.
Financials of New Way Professionals Private Limited
FY 2022 filings availableNew Way Professionals Private Limited reported revenue of ₹38,140 for FY 2022.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹38,140 | ||
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| Total Revenue | |||
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| Total Expenses | |||
| EBITDA | -₹84,880 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹1.02 Lakh | ||
| Balance Sheet | |||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -222.5% | ||
| Net Profit Margin | -268.3% | ||
| Return on Equity (ROE) | |||
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To see the full financial statements and ratios of New Way Professionals Private Limited, buy the company report.
Board of directors of New Way Professionals Private Limited
New Way Professionals has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Umesh Chander Vats | Director | 07 Jun 2019 | 7 Years 5 Months | Current |
| Neha Vats | Director | 07 Jun 2019 | 7 Years 5 Months | Current |
Peer comparison
New Way Professionals Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (management consultancy activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Uniworld Industries Private Limited | ₹38,900 (FY 2023) | 99.0% | Bilaspur, Chhattisgarh, India | |||
| Compact Energy Solutions Private Limited | ₹38,750 (FY 2016) | 3.0% | New Delhi, Delhi, India | |||
| Contra Tradecom Private Limited | ₹38,700 (FY 2024) | -95.0% | Durg, Chhattisgarh, India | |||
| Sentredom Solutions Private Limited | ₹38,500 (FY 2021) | -92.0% | Thane, Maharashtra, India | |||
| Upsilon Management Services Private Limited | ₹38,297 (FY 2024) | -85.0% | New Delhi, Delhi, India | |||
| New Way Professionals Private Limitedthis company | ₹38,140 (FY 2022) | -₹1.02 Lakh | -268.3% | New Delhi, Delhi, India | ||
| Axis Ups Private Limited. | ₹38,000 (FY 2024) | -97.0% | New Delhi, Delhi, India | |||
| Red Letters Business Solutions Private Limited | ₹38,000 (FY 2024) | 660.0% | Tiruvalla, Kerala, India | |||
| Campeon Power Tech Private Limited | ₹37,620 (FY 2016) | 50.0% | Chennai, Tamil Nadu, India | |||
| Orange Portfolio Services Private Limited | ₹37,601 (FY 2020) | -80.0% | Delhi, India | |||
| Ard Solar Solutions Private Limited | ₹37,500 (FY 2020) | 6.0% | Gwalior, Madhya Pradesh, India |
To see the full peer comparison of New Way Professionals Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving New Way Professionals 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 New Way Professionals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
New Way Professionals has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAGCN5601D1ZU | Delhi | Active | 19 Jun 2019 |
To see the full GST registrations and return filing status of New Way Professionals Private Limited, buy the company report.
Recent activity
New Way Professionals Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Neha Vats was appointed as Director on 07 Jun 2019.
Frequently asked questions
New Way Professionals is an active private limited company based in New Delhi, Delhi, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 07 June 2019 (7+ years old) and is registered under CIN U72900DL2019PTC351056.
New Way Professionals has 2 current directors:
- Umesh Chander Vats - Director
- Neha Vats - Director
The latest financial statements of New Way Professionals on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 06 September 2022. Year-wise statements from FY 2020 are in the company report.
The GSTIN of New Way Professionals is 07AAGCN5601D1ZU, registered in Delhi.
The CIN (Corporate Identification Number) of New Way Professionals is U72900DL2019PTC351056. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
New Way Professionals was incorporated on 07 June 2019, making it 7+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of New Way Professionals by revenue are Uniworld Industries Private Limited, Compact Energy Solutions Private Limited, Contra Tradecom Private Limited, Sentredom Solutions Private Limited, Upsilon Management Services Private Limited and 5 more, all in the same principal business activity (management consultancy activities).
Neha Vats was appointed as Director on 07 Jun 2019. Umesh Chander Vats was appointed as Director on 07 Jun 2019.
The registered office of New Way Professionals is at Wz – 56 FirstFloor Back Side Kh.No6362 Old Mehroli Road Raj Nagar Palam Colony, New Delhi, Delhi, India – 110077.
New Way Professionals operates in the information technology industry, in the other computer related activities segment.
Yes. New Way Professionals was formerly known as New Way Computer Programming Academy Private Limited.
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