Accurate Mind Spaace Private Limited
About Accurate Mind Spaace Private Limited
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Accurate Mind Spaace Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the diversified business activities segment of the business services sector. It was incorporated on 03 August 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74995KA2017PTC105290.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.33 Lakh. It is led by directors Prasad Kumar Gumballi and Meenakshi Murahari Kapse.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at No. 5/1 1st Main Road Solappa Garden Chunchagatta Kothnur Main Road, Bangalore, Karnataka, India – 560062.
As per the financials filed for FY 2021, the company reported a revenue of ₹43,310, a decline of 96% compared to the previous year. For the same year it recorded a net loss of ₹2.12 Lakh (net margin -489%) and EBITDA of -₹2.12 Lakh (EBITDA margin -489%). Revenue has declined at a compounded annual rate (CAGR) of 52% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressNo. 5/1 1st Main Road Solappa Garden Chunchagatta Kothnur Main Road, Bangalore, Karnataka, India – 560062
- IndustryBusiness Services, Miscellaneous Business Activities, Other Services, Services Rendered By Liaison Offices
- 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
- One PDF report, delivered after checkout
Business Activity of Accurate Mind Spaace Private Limited
The business activities of Accurate Mind Spaace are registered with the MCA. The activity codes are listed below.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Locked | Locked | P4 | Locked | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Board of Directors of Accurate Mind Spaace Private Limited
Accurate Mind Spaace has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prasad Kumar Gumballi | Director | 03 Aug 2017 | 9 Years 2 Months | Current |
| Meenakshi Murahari Kapse | Director | 03 Aug 2017 | 9 Years 2 Months | Current |
Financials of Accurate Mind Spaace Private Limited FY 2021 filings available
Accurate Mind Spaace Private Limited reported revenue of ₹43,310 (down 96% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Accurate Mind Spaace Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 52% over three years, including a 96% fall 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 of Accurate Mind Spaace Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|
| 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 | -₹2.12 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.12 Lakh | •••• | •••• | •••• |
| 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 of Accurate Mind Spaace Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -489% | •••• | •••• | •••• |
| Net Profit Margin | -489% | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Accurate Mind Spaace are in the company report.
Financial statements from FY 2018
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Accurate Mind Spaace Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Accurate Mind Spaace Private Limited
Accurate Mind Spaace Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Accurate Mind Spaace Private Limited
Employment history and EPFO contributions of people linked to Accurate Mind Spaace.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Accurate Mind Spaace Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Accurate Mind Spaace Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Accurate Mind Spaace Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Accurate Mind Spaace Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Accurate Mind Spaace Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Accurate Mind Spaace Private Limited
Frequently Asked Questions about Accurate Mind Spaace Private Limited
Accurate Mind Spaace is an active private limited company based in Bangalore, Karnataka, India. The company works in miscellaneous business activities, within the business services industry. It was incorporated on 03 August 2017 (9+ years old) and is registered under CIN U74995KA2017PTC105290.
Accurate Mind Spaace reported revenue of ₹43,310 for FY 2021 (down 96% YoY).
Accurate Mind Spaace has 2 current directors:
- Prasad Kumar Gumballi - Director
- Meenakshi Murahari Kapse - Director
Accurate Mind Spaace reported a net loss of ₹2.12 Lakh (net margin -489%) and EBITDA of -₹2.12 Lakh (EBITDA margin -489%) for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Accurate Mind Spaace is -52% over three years. In the latest year (FY 2021) revenue fell 96%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Accurate Mind Spaace is U74995KA2017PTC105290. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Accurate Mind Spaace was incorporated on 03 August 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
The registered office of Accurate Mind Spaace is at No. 51 1st Main Road Solappa Garden Chunchagatta Kothnur Main Road, Bangalore, Karnataka, India – 560062.
Accurate Mind Spaace has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.33 Lakh.