About Horizon Staffing Solutions Private Limited
Data last updated:
Horizon Staffing Solutions Private Limited was a private limited company based in Hyderabad, Telangana, 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 HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 28 December 2011.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U74910TG2011PTC078301. Its GSTIN is 36AACCH8491D1ZH (Telangana). The company held 4 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Abdul Sulaiman Ravia Begum and Nizamuddin Mohammad.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at Plot No.281/2 3rd Floor Road No.10C Jubilee Hills, Hyderabad, Telangana, India – 500034.
As per the financials filed for FY 2017, the company reported a revenue of ₹4.62 Cr, a decline of 45% compared to the previous year. For the same year it recorded a net profit of ₹9.39 Lakh (net margin 2%) and EBITDA of ₹12.03 Lakh (EBITDA margin 2.6%).
The company had about 227 employees on its provident fund (EPFO) records before it was struck off.
The last known website on record is horizonsts.com.
Company details
CIN history
Horizon Staffing Solutions has one previous CIN (Corporate Identification Number): U74910AP2011PTC078301. The current CIN is U74910TG2011PTC078301, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74910TG2011PTC078301 | Current |
| U74910AP2011PTC078301 | Previous |
Contact details
Horizon Staffing Solutions Private Limited's registered office is in Hyderabad, Telangana. Its website is horizonsts.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No.281/2 3rd Floor Road No.10C Jubilee Hills, Hyderabad, Telangana, India – 500034
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Horizon Staffing Solutions 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 Staffing Solutions is support service to organizations. In detail, this covers placement agencies and hr management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N2 | Placement agencies and HR management services |
To see the full business activity and turnover split of Horizon Staffing Solutions Private Limited, buy the company report.
Financials of Horizon Staffing Solutions Private Limited
FY 2017 filings availableHorizon Staffing Solutions Private Limited reported revenue of ₹4.62 Cr (down 45% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 45% in the latest year. EBITDA rose 11% in the latest 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 | ₹4.62 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹12.03 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹9.39 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 | 2.6% | ||
| Net Profit Margin | 2% | ||
| 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 Staffing Solutions Private Limited, buy the company report.
Board of directors of Horizon Staffing Solutions Private Limited
Horizon Staffing Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abdul Sulaiman Ravia Begum | Director | 28 Dec 2011 | 14 Years 10 Months | As last reported |
| Nizamuddin Mohammad | Director | 28 Dec 2011 | 14 Years 10 Months | As last reported |
Auditor
Horizon Staffing Solutions Private Limited is audited by S N D & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S N D & ASSOCIATES | FY 2017 | 013534S |
Shareholding
The shareholding of Horizon Staffing Solutions Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Horizon Staffing Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Horizon Staffing Solutions 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 Staffing Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Horizon Staffing Solutions Private Limited has a workforce of 227 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Horizon Staffing Solutions has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AACCH8491D1ZH | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Horizon Staffing Solutions Private Limited, buy the company report.
Recent activity
Horizon Staffing Solutions Private Limited has 2 board changes on record since 2011: 2 appointments. The latest: Abdul Sulaiman Ravia Begum was appointed as Director on 28 Dec 2011.
Frequently asked questions
Horizon Staffing 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.
Horizon Staffing Solutions was a private limited company based in Hyderabad, Telangana, India. The company worked in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 28 December 2011 and is registered under CIN U74910TG2011PTC078301. The company has been struck off by the Registrar of Companies and is no longer operational.
Horizon Staffing Solutions had 2 directors:
- Abdul Sulaiman Ravia Begum - Director
- Nizamuddin Mohammad - Director
The CIN (Corporate Identification Number) of Horizon Staffing Solutions is U74910TG2011PTC078301. 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 Staffing Solutions is at Plot No.2812 3rd Floor Road No.10C Jubilee Hills, Hyderabad, Telangana, India – 500034.
Horizon Staffing Solutions was incorporated on 28 December 2011. It is registered with the Registrar of Companies, Hyderabad.
Horizon Staffing Solutions can be reached through the website horizonsts.com. Its registered office is in Hyderabad, Telangana, India.
The latest financial statements of Horizon Staffing Solutions on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
The GSTIN of Horizon Staffing Solutions is 36AACCH8491D1ZH, registered in Telangana. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
Horizon Staffing Solutions operated in the business outsourcing industry, in the HR outsourcing and talent management segment. It worked in this industry before it was struck off.
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