Flying Ideas Private Limited
About Flying Ideas Private Limited
Data last updated:
Flying Ideas Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the educational support services segment of the education and learning sector. It was incorporated on 16 February 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74140GJ2012PTC069055.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Centre for Experiential Leadership Learning Private Limited. It is led by directors including Karan Gandhi and Kinjal Ghelani.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2019, the company reported a revenue of ₹7.8 Lakh, a decline of 34% compared to the previous year. For the same year it recorded a net loss of ₹3,081 (net margin -0.4%) and EBITDA of -₹5,471 (EBITDA margin -0.7%). Revenue has grown at a compounded annual rate (CAGR) of 73% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
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- WebsiteLocked
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- Registered Address36 Ashwaraj Bunglow Nr. Auda Garden 100 Ring Road Nr. Prahlad Nagar Vejalp, Ur, Ahmedabad, Gujarat, India – 380051
- IndustryEducation & Learing, Educational Support Services
- 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 Flying Ideas Private Limited
The business activities of Flying Ideas are registered with the MCA. The activity codes are listed below.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Locked | Locked | P4 | Locked | 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 Flying Ideas Private Limited FY 2019 filings available
Flying Ideas Private Limited reported revenue of ₹7.8 Lakh (down 34% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Flying Ideas Private Limited
Revenue fell 34% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 73%. EBITDA fell 106% 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 Flying Ideas Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹7.8 Lakh | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹5,471 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹3,081 | •••• | •••• | •••• | •••• |
| 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 Flying Ideas Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -0.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Flying Ideas 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.
Auditor Details of Flying Ideas Private Limited
Flying Ideas Private Limited is audited by SHAH KANTILAL & CO. for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SHAH KANTILAL & CO. | 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 Flying Ideas Private Limited
Flying Ideas has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Karan Gandhi Also directs: Uvc Softec LLP | Director | 01 Jun 2020 | 6 Years 4 Months | Current |
| Kinjal Ghelani | Director | 01 Jun 2020 | 6 Years 4 Months | Current |
| Nita Arvind Sharma | Director | 10 Feb 2015 | 11 Years 7 Months | Current |
| Shivali Arvind Sharma Also directs: Psynox Ventures LLP | Director | 10 Feb 2015 | 11 Years 7 Months | Current |
Ownership and Shareholding of Flying Ideas 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 Flying Ideas Private Limited
Flying Ideas Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Flying Ideas Private Limited
Employment history and EPFO contributions of people linked to Flying Ideas.
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 Flying Ideas Private Limited
Flying Ideas Private Limited has 7 board changes on record since 2015: 4 appointments and 3 cessations. The latest: Karan Gandhi was appointed as Director on 01 Jun 2020.
Credit Ratings, Litigation & Regulatory Alerts for Flying Ideas 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 Flying Ideas 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 Flying Ideas 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 Flying Ideas 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 Flying Ideas 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 Flying Ideas Private Limited
Flying Ideas is an active private limited company based in Ahmedabad, Gujarat, India. The company works in educational support services, within the education and learning industry. It was incorporated on 16 February 2012 (14+ years old) and is registered under CIN U74140GJ2012PTC069055.
Flying Ideas reported revenue of ₹7.8 Lakh for FY 2019 (down 34% YoY).
Flying Ideas has 4 current directors:
- Karan Gandhi - Director
- Kinjal Ghelani - Director
- Nita Arvind Sharma - Director
- Shivali Arvind Sharma - Director
Flying Ideas reported a net loss of ₹3,081 (net margin -0.4%) and EBITDA of -₹5,471 (EBITDA margin -0.7%) for FY 2019, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Flying Ideas is 73% over five years. In the latest year (FY 2019) revenue fell 34%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Flying Ideas is U74140GJ2012PTC069055. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Flying Ideas was incorporated on 16 February 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Karan Gandhi was appointed as Director on 01 Jun 2020. Kinjal Ghelani was appointed as Director on 01 Jun 2020. Nita Arvind Sharma ceased to be Director on 01 Jun 2020. Flying Ideas has 7 board changes on record in total.
The registered office of Flying Ideas is at 36 Ashwaraj Bunglow Nr. Auda Garden 100 Ring Road Nr. Prahlad Nagar Vejalp, Ur, Ahmedabad, Gujarat, India – 380051.
Flying Ideas has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.