Ascent Credit Services Private Limited
About Ascent Credit Services Private Limited
Data last updated:
Ascent Credit Services Private Limited was a private limited company based in New Delhi, Delhi, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the diversified financial services segment of the financial services sector. It was incorporated on 25 April 1994.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U74900DL1994PTC058593. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh.
Its last annual general meeting (AGM) was held on 05 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at 3C World Trade Tower Barakhamba Lane, New Delhi, Delhi, India.
As per the financials filed for FY 2016, the company reported a revenue of ₹43.25 Lakh, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹27.56 Lakh (net margin 63.7%) and EBITDA of ₹38.8 Lakh (EBITDA margin 89.7%).
As per MCA filings, the company has satisfied charges of ₹35 Lakh on record.
Company details
CIN history
Ascent Credit Services has one previous CIN (Corporate Identification Number): U74899DL1994PTC058593. The current CIN is U74900DL1994PTC058593, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74900DL1994PTC058593 | Current |
| U74899DL1994PTC058593 | Previous |
Contact details
Ascent Credit Services Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address3C World Trade Tower Barakhamba Lane, New Delhi, Delhi, India
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Ascent Credit 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
Business activity
The main business activity of Ascent Credit Services is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Ascent Credit Services Private Limited, buy the company report.
Financials of Ascent Credit Services Private Limited
FY 2016 filings availableAscent Credit Services Private Limited reported revenue of ₹43.25 Lakh (down 7% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 7% in the latest year. EBITDA fell 23% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹43.25 Lakh | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹38.8 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹27.56 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 89.7% | |
| Net Profit Margin | 63.7% | |
| 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 Ascent Credit Services Private Limited, buy the company report.
Board of directors of Ascent Credit Services Private Limited
Ascent Credit Services has 5 former directors on record and no current directors listed.
Auditor
Ascent Credit Services Private Limited is audited by M PARASHAR & ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M PARASHAR & ASSOCIATES | FY 2016 | 028867N |
Shareholding
The shareholding of Ascent Credit Services Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Ascent Credit Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Nov 2015 | 10618606 | Icici Bank Limited | ₹35 Lakh | Satisfied |
To see the full charge records of Ascent Credit Services Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Ascent Credit 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 Ascent Credit Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ascent Credit Services 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 Ascent Credit Services Private Limited, buy the company report.
Recent activity
Ascent Credit Services Private Limited has 5 board changes on record since 2012: 0 appointments and 5 cessations. The latest: Mandeep Kapur ceased to be Additional Director on 26 Mar 2017.
Frequently asked questions
Ascent Credit Services has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Ascent Credit Services was a private limited company based in New Delhi, Delhi, India. The company worked in diversified financial services, within the financial services industry. It was incorporated on 25 April 1994 and is registered under CIN U74900DL1994PTC058593. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Ascent Credit Services is U74900DL1994PTC058593. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ascent Credit Services was incorporated on 25 April 1994. It is registered with the Registrar of Companies, Delhi.
The registered office of Ascent Credit Services is at 3C World Trade Tower Barakhamba Lane, New Delhi, Delhi, India.
The latest financial statements of Ascent Credit Services on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 05 September 2016. Year-wise statements from 2015 are in the company report.
No. Ascent Credit Services has 2 GST registrations on record and all of them are cancelled or inactive.
Ascent Credit Services operated in the financial services industry, in the diversified financial services segment.
Mandeep Kapur ceased to be Additional Director on 26 Mar 2017. Rabindra Kapur ceased to be Director on 26 Mar 2017. Urmilla Kapur ceased to be Director on 08 Aug 2014. Ascent Credit Services has 5 board changes on record in total.
Ascent Credit Services has no open charges and satisfied charges of ₹35 Lakh as per latest MCA filings.
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