Ace It-Career Academy Private Limited
About Ace It-Career Academy Private Limited
Data last updated:
Ace It-Career Academy Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the corporate training and development segment of the education sector. It was incorporated on 02 May 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U80901MH2013PTC242808. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Anupama Waman Lawate and Suresh Liladhar Joshi.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Unitno.106 1 Stfloor Neelyogsquare R.B.Mehtamarg Ghatkopar(E), Mumbai, Maharashtra, India – 400075.
As per the financials filed for FY 2018, the company reported a revenue of ₹1.13 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net loss of ₹80.78 Lakh (net margin -71.8%) and EBITDA of -₹75.39 Lakh (EBITDA margin -67%). Revenue has declined at a compounded annual rate (CAGR) of 16% over three years.
Court records list 50 cases involving the company, including 10 filed by the company and 40 filed against it; 31 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Ace It-Career Academy Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressUnitno.106 1 Stfloor Neelyogsquare R.B.Mehtamarg Ghatkopar(E), Mumbai, Maharashtra, India – 400075
- IndustryEducation, Corporate Training & Development
To see the full contact details of Ace It-Career Academy 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
Financials of Ace It-Career Academy Private Limited
FY 2018 filings availableAce It-Career Academy Private Limited reported revenue of ₹1.13 Cr (down 6% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 16% over three years, including a 6% fall in the latest year. EBITDA fell 95% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹1.13 Cr | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹75.39 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹80.78 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -67% | |||
| Net Profit Margin | -71.8% | |||
| 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 Ace It-Career Academy Private Limited, buy the company report.
Board of directors of Ace It-Career Academy Private Limited
Ace It-Career Academy has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anupama Waman Lawate | Director | 02 May 2013 | 13 Years 5 Months | Current |
| Suresh Liladhar Joshi | Director | 02 May 2013 | 13 Years 5 Months | Current |
Peer comparison
Ace It-Career Academy Private Limited is compared with the 4 companies closest to it by revenue in the Education industry (Corporate and Commercial Training), with the same principal business activity (educational support services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Competitive Edge Academy Private Limited | ₹1.13 Cr (FY 2023) | 30.0% | Chennai, Tamil Nadu, India | |||
| Eight Times Eight Private Limited | ₹1.13 Cr (FY 2024) | 166.0% | Kochi, Kerala, India | |||
| Ace It-Career Academy Private Limitedthis company | ₹1.13 Cr (FY 2018) | -₹80.78 Lakh | -71.8% | -6.0% | Mumbai, Maharashtra, India | |
| Sanchhaya Classes Private Limited | ₹1.12 Cr (FY 2025) | -89.0% | Noida, Uttar Pradesh, India | |||
| Ethical Edufabrica Private Limited | ₹1.12 Cr (FY 2025) | 28.0% | Karkardooma, Delhi, India |
To see the full peer comparison of Ace It-Career Academy Private Limited, buy the company report.
Auditor
Ace It-Career Academy Private Limited is audited by S V Niphadkar & Co for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S V Niphadkar & Co | FY 2018 | 41578 |
Shareholding
The shareholding of Ace It-Career Academy Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Ace It-Career Academy Private Limited, buy the company report.
Legal cases
Ace It-Career Academy Private Limited has 50 court cases on record: 10 filed by Ace It-Career Academy, 40 filed against it. 31 cases are pending and 19 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 47 | 37 | 29 |
| High courts | 3 | 3 | 2 |
Cases on record (5 of 50)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed against the company by Aptech Limited | Pending |
| High Court, MAHARASHTRA | Court case (EXA) | Filed against the company by Kotak Mahindra Bank Ltd | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Kotak Mahindra Bank Ltd | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed against the company by Aptech Ltd | Disposed |
| District court, Kolhapur, Maharashtra | Civil suit | Filed against the company by RBL Bank Ltd Kolhapur, Through Milind Sudhir Kurbetkar | Disposed |
To see the full case history of Ace It-Career Academy Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ace It-Career Academy Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ace It-Career Academy has 2 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 Ace It-Career Academy Private Limited, buy the company report.
Recent activity
Ace It-Career Academy Private Limited has 2 board changes on record since 2013: 2 appointments. The latest: Anupama Waman Lawate was appointed as Director on 02 May 2013.
Frequently asked questions
Ace It-Career Academy is an active private limited company based in Mumbai, Maharashtra, India. The company works in corporate training and development, within the education industry. It was incorporated on 02 May 2013 (13+ years old) and is registered under CIN U80901MH2013PTC242808.
Ace It-Career Academy has 2 current directors:
- Anupama Waman Lawate - Director
- Suresh Liladhar Joshi - Director
The latest financial statements of Ace It-Career Academy on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
No. Ace It-Career Academy has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Ace It-Career Academy is U80901MH2013PTC242808. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ace It-Career Academy has 50 court cases on record: 10 filed by the company and 40 filed against it. 31 are pending. Most are in the district courts.
Ace It-Career Academy was incorporated on 02 May 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Ace It-Career Academy by revenue are Competitive Edge Academy Private Limited, Eight Times Eight Private Limited, Sanchhaya Classes Private Limited, Ethical Edufabrica Private Limited, all in the Education industry (Corporate and Commercial Training), with the same principal business activity (educational support services).
Anupama Waman Lawate was appointed as Director on 02 May 2013. Suresh Liladhar Joshi was appointed as Director on 02 May 2013.
The registered office of Ace It-Career Academy is at Unitno.106 1 Stfloor Neelyogsquare R.B.Mehtamarg GhatkoparE, Mumbai, Maharashtra, India – 400075.
Ace It-Career Academy operates in the education industry, in the corporate training and development segment.