Fastspeed Retails Private Limited
About Fastspeed Retails Private Limited
Data last updated:
Fastspeed Retails Private Limited was a private limited company based in Kolkata, West Bengal, 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 data processing and IT services segment of the technology and IT services sector. It was incorporated on 09 February 2012.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB2012PTC173780.
The company had an authorised share capital of ₹31 Lakh and a paid-up capital of ₹31 Lakh. It was led by directors Bijay Adak and Ujjal Adak.
Its last annual general meeting (AGM) was held on 26 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at 5 Clive Row, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2017, the company reported a revenue of ₹32,560, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹1,587 (net margin 4.9%) and EBITDA of ₹4,225 (EBITDA margin 13%).
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- Registered Address5 Clive Row, Kolkata, West Bengal, India – 700001
- IndustryInformation Technology, Data Processing, Hosting and Related Activities
- 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 Fastspeed Retails Private Limited
The main business activity of Fastspeed Retails is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal | 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 Fastspeed Retails Private Limited FY 2017 filings available
Fastspeed Retails Private Limited reported revenue of ₹32,560 (up 18% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR) of Fastspeed Retails Private Limited
Revenue rose 18% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Fastspeed Retails Private Limited
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | ₹32,560 | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | ₹4,225 | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1,587 | •••• | •••• |
| 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 of Fastspeed Retails Private Limited
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 13% | •••• | •••• |
| Net Profit Margin | 4.9% | •••• | •••• |
| 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 Fastspeed Retails 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 Fastspeed Retails Private Limited
Fastspeed Retails Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Data processing, hosting and related activities; web portal). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| XB Infotech Private Limited | •••• | •••• | •••• | •••• | - | Noida, Uttar Pradesh, India |
| Olive Vintrade Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Linkpoint Commosales Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Fastspeed Retails Private Limited this company | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Pleasant Commodeal Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Lifewood Enclave Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Manayu Technologies Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Prosavinns Private Limited | •••• | •••• | •••• | •••• | - | Nagpur, Maharashtra, India |
| Horizon Hitech Soft Systems Private Limited | •••• | •••• | •••• | •••• | - | Krishnagiri, Tamil Nadu, India |
| Imind Tech Consultancy Private Limited | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Gist Information Solutions Private Limited | •••• | •••• | •••• | •••• | - | Sadar Bazar, Haryana, India |
Peers are the five companies nearest above and the five nearest below Fastspeed Retails by revenue in the same principal business activity (Data processing, hosting and related activities; web portal), 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 Fastspeed Retails Private Limited
Fastspeed Retails Private Limited is audited by MAHATO PRABIR & ASSOCIATES for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MAHATO PRABIR & 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 Fastspeed Retails Private Limited
Fastspeed Retails has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bijay Adak Also directs: Fine Distributors Private Limited, Blow Dealtrade Private Limited, Grade Barter Private Limited and 1 more | Director | 30 Mar 2015 | 11 Years 6 Months | As last reported |
| Ujjal Adak Also directs: Fine Distributors Private Limited, Blow Dealtrade Private Limited, Grade Barter Private Limited and 2 more | Director | 30 Mar 2015 | 11 Years 6 Months | As last reported |
Ownership and Shareholding of Fastspeed Retails 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 Fastspeed Retails Private Limited
Fastspeed Retails Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Fastspeed Retails Private Limited
Employment history and EPFO contributions of people linked to Fastspeed Retails.
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.
Group Structure of Fastspeed Retails Private Limited
Fastspeed Retails has 1 associated company. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
Recent Activity on Fastspeed Retails Private Limited
Fastspeed Retails Private Limited has 8 board changes on record since 2012: 2 appointments and 6 cessations. The latest: Su Man Sharma ceased to be Director on 18 Aug 2017.
Credit Ratings, Litigation & Regulatory Alerts for Fastspeed Retails 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 Fastspeed Retails 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 Fastspeed Retails 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 Fastspeed Retails Private Limited
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 Fastspeed Retails 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 Fastspeed Retails Private Limited
Fastspeed Retails 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.
Fastspeed Retails was a private limited company based in Kolkata, West Bengal, India. The company worked in data processing, within the information technology industry. It was incorporated on 09 February 2012 and is registered under CIN U51909WB2012PTC173780. The company has been struck off by the Registrar of Companies and is no longer operational.
Fastspeed Retails had 2 directors:
- Bijay Adak - Director
- Ujjal Adak - Director
The CIN (Corporate Identification Number) of Fastspeed Retails is U51909WB2012PTC173780. 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 Fastspeed Retails is at 5 Clive Row, Kolkata, West Bengal, India – 700001.
Fastspeed Retails was incorporated on 09 February 2012. It is registered with the Registrar of Companies, Kolkata.
Fastspeed Retails reported revenue of ₹32,560 for FY 2017 (up 18% YoY).
Fastspeed Retails has an authorised share capital of ₹31 Lakh and a paid-up capital of ₹31 Lakh.
Fastspeed Retails reported a net profit of ₹1,587 (net margin 4.9%) and EBITDA of ₹4,225 (EBITDA margin 13%) for FY 2017, as per its filed financial statements.
Fastspeed Retails operated in the information technology industry, in the data processing segment. It worked in this industry before it was struck off.
No. Fastspeed Retails is not listed on any stock exchange. It is an unlisted company.