About Pearson India Support Services Private Limited
Data last updated:
Pearson India Support Services Private Limited was a private limited company based in Chennai, Tamil Nadu, India, operated as a subsidiary of Pearson Education South Asia Pte Ltd. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 15 October 2007.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U80904TN2007PTC104929. The company has 3 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹10.03 Lakh. It was formerly known as Globalenglish India Private Limited. It was led by directors Ritu Virendra Agast and Krishnanchettiyar Vijayakumar.
Its last annual general meeting (AGM) was held on 25 September 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at 7th Floor Sdb2 Odc 7 8 & 9 Survey No.01 Elcot It/ Ites – SEZ Sholinganallur Chennai, Tamil Nadu, India – 600119.
As per the financials filed for FY 2020, the company reported a revenue of ₹11.97 Cr, a decline of 37% compared to the previous year. For the same year it recorded a net loss of ₹17.58 Lakh (net margin -1.5%) and EBITDA of ₹1.19 Cr (EBITDA margin 10%). Revenue has declined at a compounded annual rate (CAGR) of 25% over three years and 14% over five years.
The company had about 31 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: Pearson English. The company has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹9 Lakh; the latest was in September 2017. Its 4 peer companies in the Information Technology industry (Application Development), with the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.) are compared by revenue, 2 larger and 2 smaller; the largest is Sixth Force Solutions Private Limited with revenue of ₹12.05 Cr.
The last known website on record is globalenglish.com.
Company details
CIN history
Pearson India Support Services has one previous CIN (Corporate Identification Number): U80904KA2007PTC044118. The current CIN is U80904TN2007PTC104929, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U80904TN2007PTC104929 | Current |
| U80904KA2007PTC044118 | Previous |
Contact details
Pearson India Support Services Private Limited's registered office is in Chennai, Tamil Nadu. Its website is globalenglish.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address7th Floor Sdb2 Odc 7 8 & 9 Survey No.01 Elcot It/ Ites – SEZ Sholinganallur Chennai, Tamil Nadu, India – 600119
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Pearson India Support 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
Brands
Pearson India Support Services operates one associated brand: Pearson English. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Cloud-based business English solutions are delivered for corporate skill enhancement. | globalenglish.com |
Business activity
The main business activity of Pearson India Support Services is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Pearson India Support Services Private Limited, buy the company report.
Financials of Pearson India Support Services Private Limited
FY 2020 filings availablePearson India Support Services Private Limited reported revenue of ₹11.97 Cr (down 37% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 14% over five years, including a 37% fall in the latest year. EBITDA fell 72% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹11.97 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.19 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹17.58 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10% | ||||
| Net Profit Margin | -1.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| 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 Pearson India Support Services Private Limited, buy the company report.
Board of directors of Pearson India Support Services Private Limited
Pearson India Support Services has 2 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ritu Virendra Agast Also directs: Agast Brothers Auto Works Private Limited | Director | 31 Aug 2020 | 6 Years 2 Months | As last reported |
| Krishnanchettiyar Vijayakumar | Director | 19 May 2014 | 12 Years 5 Months | As last reported |
Peer comparison
Pearson India Support Services Private Limited is compared with the 4 companies closest to it by revenue in the Information Technology industry (Application Development), with the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sixth Force Solutions Private Limited | ₹12.05 Cr (FY 2025) | 7.0% | Chennai, Tamil Nadu, India | |||
| Ohum Healthcare Solutions Private Limited | ₹11.99 Cr (FY 2025) | 3.0% | Pune, Maharashtra, India | |||
| Pearson India Support Services Private Limitedthis company | ₹11.97 Cr (FY 2020) | -₹17.58 Lakh | -1.5% | -37.0% | Chennai, Tamil Nadu, India | |
| Ie3 Innovations Private Limited | ₹11.92 Cr (FY 2025) | 12.0% | New Delhi, Delhi, India | |||
| Confianz Information Technologies Private Limited | ₹11.89 Cr (FY 2024) | 51.0% | Thiruvananthapuram, Kerala, India |
To see the full peer comparison of Pearson India Support Services Private Limited, buy the company report.
Auditor
Pearson India Support Services Private Limited is audited by Price Waterhouse Chartered Accountants LLP for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Price Waterhouse Chartered Accountants LLP | FY 2020 | 012754N/N500016 |
Shareholding
The shareholding of Pearson India Support Services Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Pearson India Support Services Private Limited, buy the company report.
Deals & funding
Pearson India Support Services Private Limited has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹9 Lakh; the latest was in September 2017.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2017 | Secondary share transfer | Undisclosed | Buyer: Pearson Education South Asia PTE Ltd Seller: Pearson English Corporation |
| Feb 2008 | Secondary share transfer | Undisclosed | Buyer: Pearson English Corporation Seller: Global English Corporation & Bharathi Vinod |
| Feb 2008 | Funding round | ₹9 Lakh | Investors: Pearson English Corporation |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Pearson India Support 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 Pearson India Support Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Pearson India Support Services has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Pearson India Support Services Private Limited, buy the company report.
Recent activity
Pearson India Support Services Private Limited has 16 board changes on record since 2009: 2 appointments and 14 cessations. The latest: Ritu Virendra Agast ceased to be Additional Director on 25 Sep 2020.
7 earlier events are in the company report.
News
Frequently asked questions
Pearson India Support Services has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Pearson India Support Services was a private limited company based in Chennai, Tamil Nadu, India. The company worked in application development and software solutions, within the information technology industry. It was incorporated on 15 October 2007 and is registered under CIN U80904TN2007PTC104929. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Pearson India Support Services was incorporated on 15 October 2007. It is registered with the Registrar of Companies, Chennai.
Pearson India Support Services had 2 directors:
- Ritu Virendra Agast - Director
- Krishnanchettiyar Vijayakumar - Director
The CIN (Corporate Identification Number) of Pearson India Support Services is U80904TN2007PTC104929. 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 Pearson India Support Services is at 7th Floor Sdb2 Odc 7 8 & 9 Survey No.01 Elcot It Ites – SEZ Sholinganallur Chennai, Tamil Nadu, India – 600119.
Pearson India Support Services can be reached through the website globalenglish.com. Its registered office is in Chennai, Tamil Nadu, India.
The latest financial statements of Pearson India Support Services on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 25 September 2020. Year-wise statements from 2015 are in the company report.
No. Pearson India Support Services has 3 GST registrations on record and all of them are cancelled or inactive.
Pearson India Support Services operated in the information technology industry, in the application development and software solutions segment.
Pearson India Support Services has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹9 Lakh; the latest was in September 2017.
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