Horizon Retention Services Private Limited
About Horizon Retention Services Private Limited
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Horizon Retention Services Private Limited was a private limited company based in Bangalore, Karnataka, 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 support services segment of the services sector. It was incorporated on 12 November 2010.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U65990KA2010PTC055836. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Nagalakshmi Somashekara and Abhilash Narayana.
Its last annual general meeting (AGM) was held on 01 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at No.619 / T Thirumala 1st Floor 12th Main Rajajinagar 2nd Block, Bangalore, Karnataka, India – 560010.
As per the financials filed for FY 2017, the company reported a revenue of ₹41.69 Lakh, a decline of 68% compared to the previous year. For the same year it recorded a net loss of ₹8.47 Lakh (net margin -20.3%) and EBITDA of -₹8.33 Lakh (EBITDA margin -20%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years.
Company details
Contact details
Horizon Retention Services Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.619 / T Thirumala 1st Floor 12th Main Rajajinagar 2nd Block, Bangalore, Karnataka, India – 560010
- IndustryService, Other Support Services
To see the full contact details of Horizon Retention Services Private Limited, buy the company report.
- 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
Business activity
The main business activity of Horizon Retention Services is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Horizon Retention Services Private Limited, buy the company report.
Financials of Horizon Retention Services Private Limited
FY 2017 filings availableHorizon Retention Services Private Limited reported revenue of ₹41.69 Lakh (down 68% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 68% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 14%. EBITDA fell 132% 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹41.69 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹8.33 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹8.47 Lakh | ||
| 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -20% | ||
| Net Profit Margin | -20.3% | ||
| 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 | |||
To see the full financial statements and ratios of Horizon Retention Services Private Limited, buy the company report.
Board of directors of Horizon Retention Services Private Limited
Horizon Retention Services has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nagalakshmi Somashekara | Director | 12 Nov 2010 | 15 Years 11 Months | As last reported |
| Abhilash Narayana Also directs: Automic AI (OPC) Private Limited | Director | 12 Nov 2010 | 15 Years 11 Months | As last reported |
| Narayan Manjunath | Director | 12 Nov 2010 | 15 Years 11 Months | As last reported |
Peer comparison
Horizon Retention Services Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other support services to organizations), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Octopus Consulting Private Limited | ₹41.78 Lakh (FY 2025) | -5.0% | Mumbai, Maharashtra, India | |||
| Stark Electronics Manufacturing Private Limited | ₹41.74 Lakh (FY 2024) | 97.0% | Ahmednagar, Maharashtra, India | |||
| Pav Realty Limited | ₹41.74 Lakh (FY 2021) | -74.0% | Delhi, India | |||
| Dfinanc Business Solutions (OPC) Private Limited | ₹41.72 Lakh (FY 2024) | 23.0% | Cuttack, Odisha, India | |||
| Indian Cutting Tool Manufacturers' Association | ₹41.71 Lakh (FY 2025) | 129.0% | Bangalore, Karnataka, India | |||
| Horizon Retention Services Private Limitedthis company | ₹41.69 Lakh (FY 2017) | -₹8.47 Lakh | -20.3% | -68.0% | Bangalore, Karnataka, India | |
| Regal Infoways Private Limited | ₹41.65 Lakh (FY 2025) | 18.0% | Bhubaneswar, Odisha, India | |||
| Zapper Hospitality Services Private Limited | ₹41.64 Lakh (FY 2021) | -10.0% | Kolkata, West Bengal, India | |||
| M Lal Infra Projects Private Limited | ₹41.62 Lakh (FY 2025) | -21.0% | Bharthana, Uttar Pradesh, India | |||
| Detailing Wolves Private Limited | ₹41.62 Lakh (FY 2025) | -17.0% | Coimbatore, Tamil Nadu, India | |||
| A&K Global Health India Private Limited | ₹41.57 Lakh (FY 2019) | -82.0% | New Delhi, Delhi, India |
To see the full peer comparison of Horizon Retention Services Private Limited, buy the company report.
Auditor
Horizon Retention Services Private Limited is audited by P MURALI MOHAN & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P MURALI MOHAN & CO | FY 2017 | 221192 |
Shareholding
The shareholding of Horizon Retention Services Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Horizon Retention Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Horizon Retention Services Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Horizon Retention Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Horizon Retention Services has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Horizon Retention Services Private Limited, buy the company report.
Recent activity
Horizon Retention Services Private Limited has 3 board changes on record since 2010: 3 appointments. The latest: Abhilash Narayana was appointed as Director on 12 Nov 2010.
Frequently asked questions
Horizon Retention Services 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.
Horizon Retention Services was a private limited company based in Bangalore, Karnataka, India. The company worked in other support services, within the service industry. It was incorporated on 12 November 2010 and is registered under CIN U65990KA2010PTC055836. The company has been struck off by the Registrar of Companies and is no longer operational.
Horizon Retention Services had 3 directors:
- Nagalakshmi Somashekara - Director
- Abhilash Narayana - Director
- Narayan Manjunath - Director
The CIN (Corporate Identification Number) of Horizon Retention Services is U65990KA2010PTC055836. 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 Horizon Retention Services is at No.619 T Thirumala 1st Floor 12th Main Rajajinagar 2nd Block, Bangalore, Karnataka, India – 560010.
Horizon Retention Services was incorporated on 12 November 2010. It is registered with the Registrar of Companies, Bangalore.
The latest financial statements of Horizon Retention Services on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 01 September 2017. Year-wise statements from 2015 are in the company report.
No. Horizon Retention Services has 1 GST registration on record and it is cancelled or inactive.
Horizon Retention Services operated in the service industry, in the other support services segment. It worked in this industry before it was struck off.
The peers of Horizon Retention Services by revenue are Octopus Consulting Private Limited, Stark Electronics Manufacturing Private Limited, Pav Realty Limited, Dfinanc Business Solutions (OPC) Private Limited, Indian Cutting Tool Manufacturers' Association and 5 more, all in the same principal business activity (other support services to organizations).
Abhilash Narayana was appointed as Director on 12 Nov 2010. Nagalakshmi Somashekara was appointed as Director on 12 Nov 2010. Narayan Manjunath was appointed as Director on 12 Nov 2010.
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