About Maxartists Technologies Private Limited
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Maxartists Technologies Private Limited was a private limited company based in Kazhakuttam, Kerala, 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 application development and software solutions segment of the technology and IT services sector. It was incorporated on 01 June 2005.
The company was registered with the Registrar of Companies (ROC), Ernakulam, under CIN U72200KL2005PTC018246. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹20 Lakh and a paid-up capital of ₹9.3 Lakh. It was led by directors Roy George Thomas (Managing Director) and Diya Ann George.
Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Tc I/5752(1) S.S Manzil Vadakkumbhagam Kazhakuttam P.O, Kerala, India – 695581.
As per the financials filed for FY 2018, the company reported a revenue of ₹1.28 Lakh, a decline of 96% compared to the previous year. For the same year it recorded a net loss of ₹3.02 Lakh (net margin -236.6%) and EBITDA of -₹2.5 Lakh (EBITDA margin -195.9%). Revenue has declined at a compounded annual rate (CAGR) of 65% over three years.
The company had about 4 employees on its provident fund (EPFO) records before it was struck off.
The company was associated with 1 brand: Maxartists.
The last known website on record is maxartists.com.
Company details
Contact details
Maxartists Technologies Private Limited's registered office is in Kazhakuttam, Kerala. Its website is maxartists.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressTc I/5752(1) S.S Manzil Vadakkumbhagam Kazhakuttam P.O, Kerala, India – 695581
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Maxartists Technologies 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
Brands
Maxartists Technologies operates one associated brand: Maxartists. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Specializes in custom software development tailored to client needs. | maxartists.com |
Business activity
The main business activity of Maxartists Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
Financials of Maxartists Technologies Private Limited
FY 2018 filings availableMaxartists Technologies Private Limited reported revenue of ₹1.28 Lakh (down 96% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 65% over three years, including a 96% fall in the latest year. EBITDA fell 127% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹1.28 Lakh | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹2.5 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹3.02 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -195.9% | |||
| Net Profit Margin | -236.6% | |||
| 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 Maxartists Technologies Private Limited, buy the company report.
Board of directors of Maxartists Technologies Private Limited
Maxartists Technologies has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Roy George Thomas | Managing Director | 01 Jun 2005 | 21 Years 4 Months | As last reported |
| Diya Ann George | Director | 26 Sep 2018 | 8 Years 0 Months | As last reported |
Peer comparison
Maxartists Technologies Private Limited is compared with the 4 companies closest to it by revenue in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Knowaysys Consulting Solutions Private Limited | ₹1.29 Lakh (FY 2023) | Pune, Maharashtra, India | ||||
| Qubitos Technologies Private Limited | ₹1.28 Lakh (FY 2024) | 156.0% | Noida, Uttar Pradesh, India | |||
| Maxartists Technologies Private Limitedthis company | ₹1.28 Lakh (FY 2018) | -₹3.02 Lakh | -236.6% | -96.0% | Kazhakuttam, Kerala, India | |
| Digiqore Info Solutions Private Limited | ₹1.27 Lakh (FY 2024) | -54.0% | Jalpaiguri, West Bengal, India | |||
| Techchic Softsol Private Limited | ₹1.26 Lakh (FY 2022) | -82.0% | Latur, Maharashtra, India |
To see the full peer comparison of Maxartists Technologies Private Limited, buy the company report.
Auditor
Maxartists Technologies Private Limited is audited by MIDHUN GOPAKUMAR & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MIDHUN GOPAKUMAR & ASSOCIATES | FY 2018 | 017186S |
Shareholding
The shareholding of Maxartists Technologies Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Maxartists Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Maxartists Technologies 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 Maxartists Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Maxartists Technologies 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 Maxartists Technologies Private Limited, buy the company report.
Recent activity
Maxartists Technologies Private Limited has 6 board changes on record since 2005: 2 appointments and 4 cessations. The latest: Jerry Kuruvilla Mathew ceased to be Director on 25 Mar 2019.
Frequently asked questions
Maxartists Technologies 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.
Maxartists Technologies was a private limited company based in Kazhakuttam, Kerala, India. The company worked in application development and software solutions, within the information technology industry. It was incorporated on 01 June 2005 and is registered under CIN U72200KL2005PTC018246. The company has been struck off by the Registrar of Companies and is no longer operational.
Maxartists Technologies had 2 directors:
- Roy George Thomas - Managing Director
- Diya Ann George - Director
The CIN (Corporate Identification Number) of Maxartists Technologies is U72200KL2005PTC018246. 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 Maxartists Technologies is at Tc I57521 S.S Manzil Vadakkumbhagam Kazhakuttam P.O, Kerala, India – 695581.
Maxartists Technologies was incorporated on 01 June 2005. It is registered with the Registrar of Companies, Ernakulam.
Maxartists Technologies can be reached through the website maxartists.com. Its registered office is in Kazhakuttam, Kerala, India.
The latest financial statements of Maxartists Technologies on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 September 2018. Year-wise statements from 2015 are in the company report.
No. Maxartists Technologies has 1 GST registration on record and it is cancelled or inactive.
Maxartists Technologies operated in the information technology industry, in the application development and software solutions segment. It worked in this industry before it was struck off.
The peers of Maxartists Technologies by revenue are Knowaysys Consulting Solutions Private Limited, Qubitos Technologies Private Limited, Digiqore Info Solutions Private Limited, Techchic Softsol Private Limited, all in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities).