About Liberal Systems Private Limited
Data last updated:
Liberal Systems Private Limited is a private limited company based in Nagpur, Maharashtra, India, recognised as a startup by DPIIT. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 08 September 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2016PTC285696. Its GSTIN is 27AADCL2182N1Z6 (Maharashtra). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Nalini Bhayyaji Thakre and Tushar Sharad Bondre.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Plot No. 146 Nagar Vikas Society Somalwada, Nagpur, Maharashtra, India – 440015.
As per the financials filed for FY 2023, the company reported a revenue of ₹41.02 Lakh, a decline of 58% compared to the previous year. For the same year it recorded a net loss of ₹61.54 Lakh (net margin -150%) and EBITDA of -₹41.78 Lakh (EBITDA margin -101.9%). Revenue has declined at a compounded annual rate (CAGR) of 19% over five years.
As per MCA filings, the company has open charges of ₹80 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website liberalsystemspvtltd.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No. 146 Nagar Vikas Society Somalwada, Nagpur, Maharashtra, India – 440015
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
- 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 Liberal Systems Private Limited
The main business activity of Liberal Systems is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | 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.
Auditor Details of Liberal Systems Private Limited
Auditor information for Liberal Systems Private Limited provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.
Board of Directors of Liberal Systems Private Limited
Liberal Systems has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nalini Bhayyaji Thakre | Director | 09 Feb 2021 | 5 Years 7 Months | Current |
| Tushar Sharad Bondre Also directs: Tan Liberal Screens Private Limited | Director | 08 Sep 2016 | 10 Years 0 Months | Current |
Financials of Liberal Systems Private Limited FY 2023 filings available
Liberal Systems Private Limited reported revenue of ₹41.02 Lakh (down 58.00% YoY) for FY 2023.
Growth of Liberal Systems Private Limited
| Metric | 1-year growth | 5-year compounded (CAGR) |
|---|---|---|
| Revenue | ▼ 58% | ▼ 19% |
Revenue has declined at a compounded annual rate (CAGR) of 19% over five years, including a 58% fall 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 Liberal Systems Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹41.78 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹61.54 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 of Liberal Systems Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -101.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -150% | •••• | •••• | •••• | •••• |
| 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 Liberal Systems are in the company report.
Financial statements from FY 2017
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 Liberal Systems 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 Liberal Systems Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Feb 2021 | Others | ₹30 Lakh | Open |
| 13 Mar 2020 | Others | ₹50 Lakh | Open |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Liberal Systems Private Limited
Liberal Systems Private Limited has a workforce of 0 employees as of Apr 08, 2024.
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.
GST Compliance of Liberal Systems Private Limited
Liberal Systems has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCL2182N1Z6 | Maharashtra | Active | 01 Jul 2017 |
| 29AADCL2182N2Z1 | Karnataka | Active | 07 Jan 2019 |
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.
Credit Ratings, Litigation & Regulatory Alerts for Liberal Systems 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 Liberal Systems 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 Liberal Systems 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.
MCA Filings & Documents of Liberal Systems 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.
Recent Activity on Liberal Systems Private Limited
Frequently Asked Questions about Liberal Systems Private Limited
Liberal Systems is an active private limited company based in Nagpur, Maharashtra, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 08 September 2016 (10+ years old) and is registered under CIN U72900MH2016PTC285696.
Liberal Systems reported revenue of ₹41.02 Lakh for FY 2023 (down 58.00% YoY).
Liberal Systems has 2 current directors:
- Nalini Bhayyaji Thakre - Director
- Tushar Sharad Bondre - Director
Liberal Systems reported a net loss of ₹61.54 Lakh (net margin -150%) and EBITDA of -₹41.78 Lakh (EBITDA margin -101.9%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Liberal Systems is -19% over five years. In the latest year (FY 2023) revenue fell 58%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Liberal Systems is 27AADCL2182N1Z6, registered in Maharashtra. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 29AADCL2182N2Z1 (Karnataka).
The CIN (Corporate Identification Number) of Liberal Systems is U72900MH2016PTC285696. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Liberal Systems was incorporated on 08 September 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
Yes, Liberal Systems is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).