About Safenames Solutions Private Limited
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Safenames Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 22 October 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2013PTC071527. Its GSTIN is 29AATCS8366D1ZM (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Suma Kusuma Naveen and Jonathan Stock Watford.
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 4/21 Regency Enclave Flat No – 308 First Floor Magrath Road, Bangalore, Karnataka, India – 560025.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.07 Cr, a decline of 26% compared to the previous year. For the same year it recorded a net profit of ₹11.4 Lakh (net margin 10.7%) and EBITDA of ₹12.75 Lakh (EBITDA margin 11.9%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website safenames.co.uk.
Company details
Contact details
Safenames Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is safenames.co.uk. Its e-mail address is in the company report.
- Email
- Website
- Registered Address4/21 Regency Enclave Flat No – 308 First Floor Magrath Road, Bangalore, Karnataka, India – 560025
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Safenames Solutions 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 Safenames Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Safenames Solutions Private Limited, buy the company report.
Financials of Safenames Solutions Private Limited
FY 2024 filings availableSafenames Solutions Private Limited reported revenue of ₹1.07 Cr (down 26% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 3% over three years, including a 26% fall in the latest year. EBITDA fell 58% 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
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| EBITDA | ₹12.75 Lakh | ||||
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| Net Profit (PAT) | ₹11.4 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | 11.9% | ||||
| Net Profit Margin | 10.7% | ||||
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To see the full financial statements and ratios of Safenames Solutions Private Limited, buy the company report.
Board of directors of Safenames Solutions Private Limited
Safenames Solutions has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suma Kusuma Naveen Also directs: Euro Stone Private Limited | Director | 22 Oct 2013 | 13 Years 0 Months | Current |
| Jonathan Stock Watford | Director | 22 Oct 2013 | 13 Years 0 Months | Current |
| Ashok | Additional Director | 23 Jan 2018 | 8 Years 9 Months | Current |
Auditor
Safenames Solutions Private Limited is audited by JANARDHAN & CO for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JANARDHAN & CO | FY 2015 | 007795S |
Shareholding
The shareholding of Safenames Solutions Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Safenames Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Safenames 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 Safenames Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Safenames Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AATCS8366D1ZM | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Safenames Solutions Private Limited, buy the company report.
Recent activity
Safenames Solutions Private Limited has 4 board changes on record since 2013: 3 appointments and 1 cessation. The latest: Simon Marshall Mcmanus ceased to be Director on 29 Nov 2019.
Frequently asked questions
Safenames Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 22 October 2013 (13+ years old) and is registered under CIN U72200KA2013PTC071527.
Safenames Solutions has 3 current directors:
- Suma Kusuma Naveen - Director
- Jonathan Stock Watford - Director
- Ashok - Additional Director
The latest financial statements of Safenames 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 2015 are in the company report.
The GSTIN of Safenames Solutions is 29AATCS8366D1ZM, registered in Karnataka.
The CIN (Corporate Identification Number) of Safenames Solutions is U72200KA2013PTC071527. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Safenames Solutions was incorporated on 22 October 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
Simon Marshall Mcmanus ceased to be Director on 29 Nov 2019. Ashok was appointed as Additional Director on 23 Jan 2018. Jonathan Stock Watford was appointed as Director on 22 Oct 2013. Safenames Solutions has 4 board changes on record in total.
Safenames Solutions can be reached through the website safenames.co.uk. Its registered office is in Bangalore, Karnataka, India.
The registered office of Safenames Solutions is at 421 Regency Enclave Flat No – 308 First Floor Magrath Road, Bangalore, Karnataka, India – 560025.
Safenames Solutions operates in the information technology industry, in the application development and software solutions segment.