Formula One Solutions Private Limited
About Formula One Solutions Private Limited
Data last updated:
Formula One Solutions Private Limited was a private limited company based in Bhubaneswar, Orissa, 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 specialised in software development and support services, a part of the broader technology and IT services sector. Incorporated on 30 March 2001.
Registered with ROC Cuttack under CIN U72200OR2001PTC006476.
Capital: an authorised share capital of ₹55 Lakh and a paid-up capital of ₹19.17 Lakh. It was led by directors including Sandhya Rani Pattanayak and Bijayalakshmi Pradhan.
Last AGM: 30 September 2018. Financial statements filed for year ended 31 March 2018. Office: Plot No.191 – (Ga) Gayatri Vihar Main Road Patia Square Chandrasekharpur, Bhubaneswar, Orissa, India – 751024.
As per the financials filed for FY 2018, the company reported a revenue of ₹3.96 Cr, a growth of 1% compared to the previous year.
The company had a reported workforce of approximately 81 employees prior to being struck off.
The company is no longer operational and has been struck off from the Register of Companies, typically due to non-filing of annual returns or failure to commence business. Entering into any agreement with a struck-off entity carries significant legal and financial risk.
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- Registered AddressPlot No.191 – (Ga) Gayatri Vihar Main Road Patia Square Chandrasekharpur, Bhubaneswar, Orissa, India – 751024
- IndustryInformation Technology, Software Development & Support Services, IT Products Retail & Distribution, Database Management & Solutions
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Business Activity of Formula One Solutions
The main business activities of Formula One Solutions are information and communication and trade. In detail, this covers computer programming, consultancy and related activities and wholesale trading. 2 activity segments are registered with the MCA.
| 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 |
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details for Formula One Solutions Private Limited
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.
Auditor Details of Formula One Solutions
Formula One Solutions Private Limited is audited by S KESHRI & CO for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S KESHRI & CO | Locked | Locked | Locked |
Complete auditor history for Formula One Solutions Private Limited
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 Formula One Solutions Private Limited
Formula One Solutions has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandhya Rani Pattanayak | Director | 23 Jun 2008 | 18 Years 3 Months | As last reported |
| Bijayalakshmi Pradhan | Director | 30 Mar 2001 | 25 Years 6 Months | As last reported |
| Bimalendu Pradhan | Director | 30 Mar 2001 | 25 Years 6 Months | As last reported |
Financials of Formula One Solutions Private Limited FY 2018 filings available
Formula One Solutions Private Limited reported revenue of ₹3.96 Cr (up 1.00% YoY) for FY 2018.
Ten-year financial statements for Formula One Solutions Private Limited
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.
Ownership and Shareholding of Formula One Solutions
Shareholding and ownership data for Formula One Solutions Private Limited
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 Formula One Solutions
Formula One Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Formula One Solutions
Formula One Solutions Private Limited has a workforce of 81 employees as of Apr 06, 2024.
Employee and EPFO history for Formula One Solutions Private Limited
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.
GST Compliance of Formula One Solutions
GST registrations and filing compliance for Formula One Solutions Private Limited
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.
Credit Ratings, Litigation & Regulatory Alerts for Formula One Solutions
Credit ratings, litigation, and regulatory alerts for Formula One Solutions Private Limited
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 Formula One Solutions
MSME payment history for Formula One Solutions Private Limited
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 Formula One Solutions
Corporate group structure for Formula One Solutions Private Limited
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.
MCA Filings & Documents of Formula One Solutions
MCA filings and documents for Formula One Solutions Private Limited
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.
Recent Activity on Formula One Solutions
Frequently Asked Questions about Formula One Solutions Private Limited
Formula One 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.
Formula One Solutions is a struck-off private limited company in the information technology sector based in Bhubaneswar, Orissa, India. It was incorporated on 30 March 2001 and is registered under CIN U72200OR2001PTC006476. The company has been struck off by the Registrar of Companies and is no longer operational.
The current directors of Formula One Solutions are:
- Sandhya Rani Pattanayak - Director
- Bijayalakshmi Pradhan - Director
- Bimalendu Pradhan - Director
The CIN (Corporate Identification Number) of Formula One Solutions is U72200OR2001PTC006476. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The primary industry of Formula One Solutions is information technology. The company specifically operates in software development and support services. The company was active in this sector before being struck off.
The company has its registered office at Plot No.191 – Ga Gayatri Vihar Main Road Patia Square Chandrasekharpur, Bhubaneswar, Orissa, India – 751024.