Codinance Business Solutions Private Limited
About Codinance Business Solutions Private Limited
Data last updated:
Codinance Business Solutions Private Limited was a private limited company based in Karthikappally, Kerala, 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 IT services segment of the services sector. It was incorporated on 13 June 2014.
The company was registered with the Registrar of Companies (ROC), Ernakulam, under CIN U72200KL2014PTC036740. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Sunilraj Somanath Panicker and Manu Krishna.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at 228 (7/157) Oniyappurathu 2, Karthikappally, Kerala, India – 690514.
As per the financials filed for FY 2016, the company reported a revenue of ₹51,763. For the same year it recorded a net loss of ₹737 (net margin -1.4%) and EBITDA of ₹1,263 (EBITDA margin 2.4%).
Company details
Contact details
Codinance Business Solutions Private Limited's registered office is in Karthikappally, Kerala. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Social Media
- Registered Address228 (7/157) Oniyappurathu 2, Karthikappally, Kerala, India – 690514
- IndustryService, Information Technology Services
To see the full contact details of Codinance 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 Codinance Business Solutions is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Codinance Business Solutions Private Limited, buy the company report.
Financials of Codinance Business Solutions Private Limited
FY 2016 filings availableCodinance Business Solutions Private Limited reported revenue of ₹51,763 for FY 2016.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹51,763 | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹1,263 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹737 | |
| 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 | 2.4% | |
| Net Profit Margin | -1.4% | |
| 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 Codinance Business Solutions Private Limited, buy the company report.
Board of directors of Codinance Business Solutions Private Limited
Codinance Business Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunilraj Somanath Panicker | Director | 13 Jun 2014 | 12 Years 4 Months | As last reported |
| Manu Krishna | Director | 13 Jun 2014 | 12 Years 4 Months | As last reported |
Peer comparison
Codinance Business Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Iaconic India IT Services Private Limited | ₹52,000 (FY 2024) | -92.0% | New Delhi, Delhi, India | |||
| Cash Cow Communications Private Limited | ₹51,999 (FY 2022) | -87.0% | Mumbai, Maharashtra, India | |||
| Blueant Digital Intelligence Private Limited | ₹51,880 (FY 2023) | 105.0% | New Delhi, Delhi, India | |||
| Makos Infotech Private Limited | ₹51,878 (FY 2023) | 442.0% | Chennai, Tamil Nadu, India | |||
| Subetsham Energies Private Limited | ₹51,771 (FY 2018) | Coimbatore, Tamil Nadu, India | ||||
| Codinance Business Solutions Private Limitedthis company | ₹51,763 (FY 2016) | -₹737 | -1.4% | Karthikappally, Kerala, India | ||
| Hellooexpert Private Limited | ₹51,600 (FY 2022) | Hyderabad, Telangana, India | ||||
| Nuveego Software Private Limited | ₹51,565 (FY 2025) | Nagpur, Maharashtra, India | ||||
| Ryiteinc IT Services (OPC) Private Limited | ₹51,510 (FY 2019) | 759.0% | Mysore, Karnataka, India | |||
| Syscloudtech IT Solutions Private Limited | ₹51,439 (FY 2022) | Gurgaon, Haryana, India | ||||
| Albatross Innovations Private Limited | ₹51,430 (FY 2023) | Pune, Maharashtra, India |
To see the full peer comparison of Codinance Business Solutions Private Limited, buy the company report.
Auditor
Codinance Business Solutions Private Limited is audited by BHARTI & ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BHARTI & ASSOCIATES | FY 2016 | ADYPS3581R |
Shareholding
The shareholding of Codinance Business Solutions Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Codinance Business Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Codinance 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 Codinance Business Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Codinance 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 Codinance Business Solutions Private Limited, buy the company report.
Recent activity
Codinance Business Solutions Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Manu Krishna was appointed as Director on 13 Jun 2014.
Frequently asked questions
Codinance 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.
Codinance Business Solutions was a private limited company based in Karthikappally, Kerala, India. The company worked in information technology services, within the service industry. It was incorporated on 13 June 2014 and is registered under CIN U72200KL2014PTC036740. The company has been struck off by the Registrar of Companies and is no longer operational.
Codinance Business Solutions had 2 directors:
- Sunilraj Somanath Panicker - Director
- Manu Krishna - Director
The CIN (Corporate Identification Number) of Codinance Business Solutions is U72200KL2014PTC036740. 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 Codinance Business Solutions is at 228 7157 Oniyappurathu 2, Karthikappally, Kerala, India – 690514.
Codinance Business Solutions was incorporated on 13 June 2014. It is registered with the Registrar of Companies, Ernakulam.
The latest financial statements of Codinance Business Solutions on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. Codinance Business Solutions has 1 GST registration on record and it is cancelled or inactive.
Codinance Business Solutions operated in the service industry, in the information technology services segment. It worked in this industry before it was struck off.
The peers of Codinance Business Solutions by revenue are Iaconic India IT Services Private Limited, Cash Cow Communications Private Limited, Blueant Digital Intelligence Private Limited, Makos Infotech Private Limited, Subetsham Energies Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Manu Krishna was appointed as Director on 13 Jun 2014. Sunilraj Somanath Panicker was appointed as Director on 13 Jun 2014.
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