Modspace Furnish Private Limited
About Modspace Furnish Private Limited
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Modspace Furnish Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the furniture manufacturing segment of the consumer electronics and durables sector. It was incorporated on 31 July 2015.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2015PTC081941. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹7.6 Lakh.
Its last annual general meeting (AGM) was held on 06 June 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at Sy. No. 90/4 Munnekolalu Village Varthur Hobli Bangalore East Taluk, Karnataka, India – 560037.
As per the financials filed for FY 2017, the company reported a revenue of ₹1.58 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹13.96 Lakh (net margin 8.8%) and EBITDA of ₹17.32 Lakh (EBITDA margin 11%).
Company details
Contact details
Modspace Furnish Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressSy. No. 90/4 Munnekolalu Village Varthur Hobli Bangalore East Taluk, Karnataka, India – 560037
- IndustryConsumer Electronics & Durables, Furniture Manufacturing
To see the full contact details of Modspace Furnish 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 Modspace Furnish is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of Modspace Furnish Private Limited, buy the company report.
Financials of Modspace Furnish Private Limited
FY 2017 filings availableModspace Furnish Private Limited reported revenue of ₹1.58 Cr (up 2382% YoY) for FY 2017.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹1.58 Cr | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹17.32 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹13.96 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 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 11% | |
| Net Profit Margin | 8.8% | |
| 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 Modspace Furnish Private Limited, buy the company report.
Board of directors of Modspace Furnish Private Limited
Modspace Furnish has 5 former directors on record and no current directors listed.
Peer comparison
Modspace Furnish Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Durables industry (Furniture), with the same principal business activity (wood and wood products, furniture, paper and paper products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Steelux Furniture (Calcutta) Pvt Ltd | ₹1.59 Cr (FY 2025) | 137.0% | Kolkata, West Bengal, India | |||
| Modspace Furnish Private Limitedthis company | ₹1.58 Cr (FY 2017) | ₹13.96 Lakh | 8.8% | 2382.0% | Bangalore, Karnataka, India | |
| An Woodtech Private Limited | ₹1.58 Cr (FY 2025) | -37.0% | Mathura, Uttar Pradesh, India | |||
| Interface Modulars Private Limited | ₹1.57 Cr (FY 2024) | -52.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Modspace Furnish Private Limited, buy the company report.
Auditor
Modspace Furnish Private Limited is audited by PRVAND COMPANY for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRVAND COMPANY | FY 2017 | 011669S |
Shareholding
The shareholding of Modspace Furnish 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 Modspace Furnish Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Modspace Furnish 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 Modspace Furnish Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Modspace Furnish has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Modspace Furnish Private Limited, buy the company report.
Recent activity
Modspace Furnish Private Limited has 5 board changes on record since 2016: 0 appointments and 5 cessations. The latest: Kirthykumar Amritlal Shah ceased to be Director on 03 Jul 2017.
Frequently asked questions
Modspace Furnish has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Modspace Furnish was a private limited company based in Bangalore, Karnataka, India. The company worked in furniture manufacturing, within the consumer electronics and durables industry. It was incorporated on 31 July 2015 and is registered under CIN U74900KA2015PTC081941. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Modspace Furnish is U74900KA2015PTC081941. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Modspace Furnish was incorporated on 31 July 2015. It is registered with the Registrar of Companies, Bangalore.
The registered office of Modspace Furnish is at Sy. No. 904 Munnekolalu Village Varthur Hobli Bangalore East Taluk, Karnataka, India – 560037.
The latest financial statements of Modspace Furnish on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 06 June 2017. Year-wise statements from FY 2016 are in the company report.
No. Modspace Furnish has 2 GST registrations on record and all of them are cancelled or inactive.
Modspace Furnish operated in the consumer electronics and durables industry, in the furniture manufacturing segment.
The peers of Modspace Furnish by revenue are Steelux Furniture (Calcutta) Pvt Ltd, An Woodtech Private Limited, Interface Modulars Private Limited, all in the Consumer Durables industry (Furniture), with the same principal business activity (wood and wood products, furniture, paper and paper products).
Kirthykumar Amritlal Shah ceased to be Director on 03 Jul 2017. Nirvi Kirthykumar Shah ceased to be Director on 03 Jul 2017. Manik Kinra ceased to be Director on 10 Apr 2017. Modspace Furnish has 5 board changes on record in total.
Modspace Furnish can be reached at its registered office: Sy. No. 904 Munnekolalu Village Varthur Hobli Bangalore East Taluk, Karnataka, India – 560037.
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