Freshstart Consulting Private Limited
About Freshstart Consulting Private Limited
Data last updated:
Freshstart Consulting Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 18 March 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2014PTC074213.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Leonard Xavier Lewis and Ravi Jayakumar.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at #9 1st Cross Annaia Reddy/O Ram Murthy Nagar Main Road, Bangalore, Karnataka, India – 560043.
As per the financials filed for FY 2022, the company reported a revenue of ₹10,000, a growth of 100% compared to the previous year. For the same year it recorded a net loss of ₹5,500 (net margin -55%) and EBITDA of -₹5,500 (EBITDA margin -55%). Revenue has declined at a compounded annual rate (CAGR) of 67% over three years and 58% over five years.
Its group structure includes 1 subsidiary.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address#9 1st Cross Annaia Reddy/O Ram Murthy Nagar Main Road, Bangalore, Karnataka, India – 560043
- IndustryInformation Technology, IT Consulting & 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 Freshstart Consulting Private Limited
The main business activity of Freshstart Consulting is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service 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 Freshstart Consulting Private Limited FY 2022 filings available
Freshstart Consulting Private Limited reported revenue of ₹10,000 (up 100% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Freshstart Consulting Private Limited
Revenue rose 100% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 58%. EBITDA rose 53% 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 Freshstart Consulting Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹10,000 | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹5,500 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹5,500 | •••• | •••• | •••• | •••• |
| 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 Freshstart Consulting Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -55% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -55% | •••• | •••• | •••• | •••• |
| 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 Freshstart Consulting 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 Freshstart Consulting Private Limited
Freshstart Consulting Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other information & communication service activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Freshstart Consulting Private Limited this company | ₹10,000 (FY 2022) | •••• | •••• | 100.0% | •••• | Bangalore, Karnataka, India |
| Xanthium Technologies Private Limited | ₹10,000 (FY 2023) | •••• | •••• | •••• | Faridabad, Haryana, India | |
| Zolancer Technologies Private Limited | ₹10,000 (FY 2023) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Maudgalya Solutions Private Limited | ₹10,000 (FY 2025) | •••• | •••• | 62.0% | •••• | Bangalore, Karnataka, India |
| Infostructure Enterprise Solutions Private Limited | ₹10,000 (FY 2018) | •••• | •••• | •••• | Jaipur, Rajasthan, India | |
| Eccentric Infotech Private Limited | ₹10,000 (FY 2017) | •••• | •••• | -94.0% | •••• | Kolhapur, Maharashtra, India |
| Wishnovel Computing Hub Private Limited | ₹10,000 (FY 2025) | •••• | •••• | •••• | Rourkela, Odisha, India | |
| Remitrip Private Limited | ₹10,000 (FY 2022) | •••• | •••• | •••• | Ernakulam, Kerala, India | |
| Palansoft Private Limited | ₹10,000 (FY 2025) | •••• | •••• | -95.0% | •••• | Ahmedabad, Gujarat, India |
| Abhiquicks Solutions Private Limited | ₹10,000 (FY 2025) | •••• | •••• | -18.0% | •••• | Katni, Madhya Pradesh, India |
| Technodeck Software Solutions Private Limited | ₹10,000 (FY 2024) | •••• | •••• | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Freshstart Consulting by revenue in the same principal business activity (Other information & communication service activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Freshstart Consulting Private Limited
Freshstart Consulting Private Limited is audited by N HEGDE AND ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| N HEGDE AND 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 Freshstart Consulting Private Limited
Freshstart Consulting has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Leonard Xavier Lewis | Director | 18 Mar 2014 | 12 Years 6 Months | Current |
| Ravi Jayakumar | Director | 18 Mar 2014 | 12 Years 6 Months | Current |
Ownership and Shareholding of Freshstart Consulting 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 Freshstart Consulting Private Limited
Freshstart Consulting Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Freshstart Consulting Private Limited
Employment history and EPFO contributions of people linked to Freshstart Consulting.
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 Freshstart Consulting Private Limited
Freshstart Consulting has 1 subsidiary company. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Ind Timbermate Products Private Limited | U20299KA2016PTC095974 | Locked |
Showing major subsidiaries. Total: 1.
Recent Activity on Freshstart Consulting Private Limited
Freshstart Consulting Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Leonard Xavier Lewis was appointed as Director on 18 Mar 2014.
Credit Ratings, Litigation & Regulatory Alerts for Freshstart Consulting 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 Freshstart Consulting 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 Freshstart Consulting 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 Freshstart Consulting 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 Freshstart Consulting 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 Freshstart Consulting Private Limited
Freshstart Consulting is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 18 March 2014 (12+ years old) and is registered under CIN U72200KA2014PTC074213.
Freshstart Consulting reported revenue of ₹10,000 for FY 2022 (up 100% YoY).
Freshstart Consulting has 2 current directors:
- Leonard Xavier Lewis - Director
- Ravi Jayakumar - Director
Freshstart Consulting reported a net loss of ₹5,500 (net margin -55%) and EBITDA of -₹5,500 (EBITDA margin -55%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Freshstart Consulting is -67% over three years and -58% over five years. In the latest year (FY 2022) revenue rose 100%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Freshstart Consulting is U72200KA2014PTC074213. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Freshstart Consulting was incorporated on 18 March 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Freshstart Consulting by revenue are Xanthium Technologies Private Limited, Zolancer Technologies Private Limited, Maudgalya Solutions Private Limited, Infostructure Enterprise Solutions Private Limited, Eccentric Infotech Private Limited and 5 more, all in the same principal business activity (Other information & communication service activities).
Leonard Xavier Lewis was appointed as Director on 18 Mar 2014. Ravi Jayakumar was appointed as Director on 18 Mar 2014.
The registered office of Freshstart Consulting is at #9 1st Cross Annaia ReddyO Ram Murthy Nagar Main Road, Bangalore, Karnataka, India – 560043.
Freshstart Consulting has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.