Nurturing Young Minds Academy Private Limited
About Nurturing Young Minds Academy Private Limited
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Nurturing Young Minds Academy 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 education and training segment of the education and learning sector. It was incorporated on 23 April 2018.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U80900KA2018PTC112531.
The company had an authorised share capital of ₹1.2 Lakh and a paid-up capital of ₹1.2 Lakh. It was led by directors including Usha Suresh and Yashaswini Satish.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at C/O P.S. Suresh No.12/1 Palace Cross Road, Bangalore, Karnataka, India – 560001.
As per the financials filed for FY 2020, the company reported a revenue of ₹17.77 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹37.23 Lakh (net margin -209.5%) and EBITDA of -₹29.08 Lakh (EBITDA margin -163.6%).
Company details
Contact details
Nurturing Young Minds Academy Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressC/O P.S. Suresh No.12/1 Palace Cross Road, Bangalore, Karnataka, India – 560001
- IndustryEducation & Learing, Education
To see the full contact details of Nurturing Young Minds Academy 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
Financials of Nurturing Young Minds Academy Private Limited
FY 2024 filings availableNurturing Young Minds Academy Private Limited reported revenue of ₹17.77 Lakh (up 4342% YoY) for FY 2020.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹17.77 Lakh | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹29.08 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹37.23 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 2019-20 | FY 2018-19 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -163.6% | |
| Net Profit Margin | -209.5% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
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| Interest Coverage Ratio | ||
| Efficiency and Growth | ||
| Asset Turnover | ||
| Receivable Days | ||
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| Revenue Growth | ||
| Net Profit Growth | ||
To see the full financial statements and ratios of Nurturing Young Minds Academy Private Limited, buy the company report.
Board of directors of Nurturing Young Minds Academy Private Limited
Nurturing Young Minds Academy has 6 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Usha Suresh | Director | 20 Sep 2018 | 8 Years 1 Months | As last reported |
| Yashaswini Satish | Director | 20 Sep 2018 | 8 Years 1 Months | As last reported |
| Shruthi Vikram | Director | 20 Sep 2018 | 8 Years 1 Months | As last reported |
| Avinash Pallegar | Director | 23 Apr 2018 | 8 Years 6 Months | As last reported |
| Satish Bangalore Nagarajaiah Also directs: Skydealz India Property Services LLP | Director | 23 Apr 2018 | 8 Years 6 Months | As last reported |
| Vikram Kumar Karachur | Director | 23 Apr 2018 | 8 Years 6 Months | As last reported |
Legal cases
No court or tribunal cases involving Nurturing Young Minds Academy 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 Nurturing Young Minds Academy Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Nurturing Young Minds Academy Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Nurturing Young Minds Academy Private Limited has 9 board changes on record since 2018: 6 appointments and 3 cessations. The latest: Shruthi Vikram ceased to be Additional Director on 27 Sep 2019.
Frequently asked questions
Nurturing Young Minds Academy 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.
Nurturing Young Minds Academy was a private limited company based in Bangalore, Karnataka, India. The company worked in education, within the education and learning industry. It was incorporated on 23 April 2018 and is registered under CIN U80900KA2018PTC112531. The company has been struck off by the Registrar of Companies and is no longer operational.
Nurturing Young Minds Academy had 6 directors:
- Usha Suresh - Director
- Yashaswini Satish - Director
- Shruthi Vikram - Director
- Avinash Pallegar - Director
- Satish Bangalore Nagarajaiah - Director
- Vikram Kumar Karachur - Director
The CIN (Corporate Identification Number) of Nurturing Young Minds Academy is U80900KA2018PTC112531. 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 Nurturing Young Minds Academy is at CO P.S. Suresh No.121 Palace Cross Road, Bangalore, Karnataka, India – 560001.
Nurturing Young Minds Academy was incorporated on 23 April 2018. It is registered with the Registrar of Companies, Bangalore.
The latest financial statements of Nurturing Young Minds Academy on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2019 are in the company report.
Nurturing Young Minds Academy operated in the education and learning industry, in the education segment. It worked in this industry before it was struck off.
Shruthi Vikram ceased to be Additional Director on 27 Sep 2019. Usha Suresh ceased to be Additional Director on 27 Sep 2019. Yashaswini Satish ceased to be Additional Director on 27 Sep 2019. Nurturing Young Minds Academy has 9 board changes on record in total.
Nurturing Young Minds Academy can be reached at its registered office: CO P.S. Suresh No.121 Palace Cross Road, Bangalore, Karnataka, India – 560001.
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