Creative IT Solutions Private Limited
About Creative IT Solutions Private Limited
Data last updated:
Creative IT Solutions Private Limited is a private limited company based in Bongaon, West Bengal, India. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 19 September 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U72300WB2014PTC203727. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Dwip Goswami and Dibyendu Goswami.
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 360/A Khairamary Bongaon 24 Parganas (North), West Bengal, India – 743235.
As per the financials filed for FY 2021, the company reported a revenue of ₹7.12 Lakh, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹18,053 (net margin 2.5%) and EBITDA of ₹37,343 (EBITDA margin 5.2%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 25% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address360/A Khairamary Bongaon 24 Parganas (North), West Bengal, India – 743235
- IndustryInformation Technology, IT Products Retail & Distribution
- 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 Creative IT Solutions Private Limited
The main business activity of Creative IT Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | 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.
Financials of Creative IT Solutions Private Limited FY 2021 filings available
Creative IT Solutions Private Limited reported revenue of ₹7.12 Lakh (up 8% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Creative IT Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 25% over five years, including 8% growth in the latest year. EBITDA rose 58% 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 Creative IT Solutions Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹37,343 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹18,053 | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Creative IT Solutions Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Creative IT Solutions are in the company report.
Financial statements from 2015
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.
Peer Comparison of Creative IT Solutions Private Limited
Creative IT Solutions Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Products Retail and Distribution). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| N and N Systems and Software Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Hxdigital Cloudlink Private Limited | •••• | •••• | •••• | •••• | - | Gurugram, Haryana, India |
| Yantrr Electronic Systems Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Al Sarwa Holding Private Limited | •••• | •••• | •••• | •••• | - | Jaipur, Rajasthan, India |
| VGL Tech Solutions Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Creative IT Solutions Private Limited this company | •••• | •••• | •••• | •••• | - | Bongaon, West Bengal, India |
| Scholarsight Technologies Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Point Blank Security Intelligence Services Private Limited | •••• | •••• | •••• | •••• | - | Ranchi, Jharkhand, India |
| Vardhini Information Systems Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Eastern Infosystems Limited | •••• | •••• | •••• | •••• | - | East Delhi, Delhi, India |
| Ask for Vacation Home Experts Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
Peers are the five companies nearest above and the five nearest below Creative IT Solutions by revenue in the Information Technology industry (IT Products Retail and Distribution), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Creative IT Solutions Private Limited
Creative IT Solutions Private Limited is audited by SARUPRIA SOMANI & ASSOCIATES for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SARUPRIA SOMANI & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Creative IT Solutions Private Limited
Creative IT Solutions 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 |
|---|---|---|---|---|
| Dwip Goswami | Director | 19 Sep 2014 | 12 Years 0 Months | Current |
| Dibyendu Goswami | Director | 13 Jan 2016 | 10 Years 8 Months | Current |
Ownership and Shareholding of Creative IT Solutions 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 Creative IT Solutions Private Limited
Creative IT Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Creative IT Solutions Private Limited
Employment history and EPFO contributions of people linked to Creative IT Solutions.
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.
Recent Activity on Creative IT Solutions Private Limited
Creative IT Solutions Private Limited has 3 board changes on record since 2014: 2 appointments and 1 cessation. The latest: Hathibelagal Rajanikanth ceased to be Director on 01 Apr 2016.
Credit Ratings, Litigation & Regulatory Alerts for Creative IT Solutions 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 Creative IT Solutions 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 Creative IT Solutions 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.
GST Compliance of Creative IT Solutions Private Limited
Creative IT Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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.
MCA Filings & Documents of Creative IT Solutions 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.
Frequently Asked Questions about Creative IT Solutions Private Limited
Creative IT Solutions is an active private limited company based in Bongaon, West Bengal, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 19 September 2014 (12+ years old) and is registered under CIN U72300WB2014PTC203727.
Creative IT Solutions reported revenue of ₹7.12 Lakh for FY 2021 (up 8% YoY).
Creative IT Solutions has 2 current directors:
- Dwip Goswami - Director
- Dibyendu Goswami - Director
Creative IT Solutions reported a net profit of ₹18,053 (net margin 2.5%) and EBITDA of ₹37,343 (EBITDA margin 5.2%) for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Creative IT Solutions is -23% over three years and 25% over five years. In the latest year (FY 2021) revenue rose 8%. CAGR is the steady yearly rate that links the first and the last year.
No. Creative IT Solutions has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Creative IT Solutions is U72300WB2014PTC203727. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Creative IT Solutions was incorporated on 19 September 2014, making it 12+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Creative IT Solutions by revenue are N and N Systems and Software Private Limited, Hxdigital Cloudlink Private Limited, Yantrr Electronic Systems Private Limited, Al Sarwa Holding Private Limited, VGL Tech Solutions Private Limited and 5 more, all in the Information Technology industry (IT Products Retail and Distribution).
Hathibelagal Rajanikanth ceased to be Director on 01 Apr 2016. Dibyendu Goswami was appointed as Director on 13 Jan 2016. Dwip Goswami was appointed as Director on 19 Sep 2014.
The registered office of Creative IT Solutions is at 360A Khairamary Bongaon 24 Parganas North, West Bengal, India – 743235.