About Bright Future Business Solutions Private Limited
Data last updated:
Bright Future Business Solutions Private Limited was a private limited company based in Chennai, Tamil Nadu, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 20 July 2015.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U74900TN2015PTC101461. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It was led by directors Karuppaai and Sakthi Murugan Adhimoolam.
Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at No.619 P.H. Road Arumbakkam, Chennai, Tamil Nadu, India – 600106.
As per the financials filed for FY 2018, the company reported a revenue of ₹2.2 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹9,817 (net margin -4.5%) and EBITDA of -₹9,817 (EBITDA margin -4.5%).
The last known website on record is brightfuturestarthere.com.
Company details
Contact details
Bright Future Business Solutions Private Limited's registered office is in Chennai, Tamil Nadu. Its website is brightfuturestarthere.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.619 P.H. Road Arumbakkam, Chennai, Tamil Nadu, India – 600106
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Bright Future Business 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 Bright Future Business Solutions is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Bright Future Business Solutions Private Limited, buy the company report.
Financials of Bright Future Business Solutions Private Limited
FY 2018 filings availableBright Future Business Solutions Private Limited reported revenue of ₹2.2 Lakh (up 193% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 193% in the latest year. EBITDA rose 56% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹2.2 Lakh | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹9,817 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹9,817 | ||
| 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 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -4.5% | ||
| Net Profit Margin | -4.5% | ||
| 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 Bright Future Business Solutions Private Limited, buy the company report.
Board of directors of Bright Future Business Solutions Private Limited
Bright Future Business Solutions has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Karuppaai Also directs: Day2day Catering Services (India) Private Limited | Director | 03 May 2017 | 9 Years 5 Months | As last reported |
| Sakthi Murugan Adhimoolam Also directs: Day2day Catering Services (India) Private Limited | Director | 20 Jul 2015 | 11 Years 3 Months | As last reported |
Auditor
Bright Future Business Solutions Private Limited is audited by APARNA & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| APARNA & CO | FY 2018 | 008347S |
Shareholding
The shareholding of Bright Future Business Solutions Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Bright Future Business Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Bright Future Business 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 Bright Future Business Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Bright Future Business Solutions Private Limited has 1 active EPFO establishment as of Apr 07, 2024.
GST
Bright Future Business Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Bright Future Business Solutions Private Limited, buy the company report.
Recent activity
Bright Future Business Solutions Private Limited has 4 board changes on record since 2015: 2 appointments and 2 cessations. The latest: Karuppaai ceased to be Additional Director on 21 Sep 2017.
Frequently asked questions
Bright Future Business Solutions has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Bright Future Business Solutions was a private limited company based in Chennai, Tamil Nadu, India. The company worked in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 20 July 2015 and is registered under CIN U74900TN2015PTC101461. The company has been struck off by the Registrar of Companies and is no longer operational.
Bright Future Business Solutions had 2 directors:
- Karuppaai - Director
- Sakthi Murugan Adhimoolam - Director
The CIN (Corporate Identification Number) of Bright Future Business Solutions is U74900TN2015PTC101461. 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 Bright Future Business Solutions is at No.619 P.H. Road Arumbakkam, Chennai, Tamil Nadu, India – 600106.
Bright Future Business Solutions was incorporated on 20 July 2015. It is registered with the Registrar of Companies, Chennai.
Bright Future Business Solutions can be reached through the website brightfuturestarthere.com. Its registered office is in Chennai, Tamil Nadu, India.
The latest financial statements of Bright Future Business Solutions on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 September 2018. Year-wise statements from FY 2016 are in the company report.
No. Bright Future Business Solutions has 1 GST registration on record and it is cancelled or inactive.
Bright Future Business Solutions operated in the business outsourcing industry, in the HR outsourcing and talent management segment. It worked in this industry before it was struck off.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
