Passageways Education Private Limited
About Passageways Education Private Limited
Data last updated:
Passageways Education Private Limited is a foreign private limited company based in Ahmedabad, Gujarat, India, a subsidiary of Usa Passageway Llc. It operates in the corporate training and development segment of the education sector. It was incorporated on 17 May 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74140GJ2012FTC070394. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors David Ray Stout and Patricia Anne Stout.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at H – 102 1st Floor Indraprashtha 5 Near Heritage Skyz Prahladnagar, Ahmedabad, Gujarat, India – 380015.
As per the financials filed for FY 2019, the company reported a revenue of ₹1.38 Lakh, a decline of 58% compared to the previous year. For the same year it recorded a net loss of ₹37,164 (net margin -26.9%) and EBITDA of -₹38,471 (EBITDA margin -27.9%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Passageways Education Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressH – 102 1st Floor Indraprashtha 5 Near Heritage Skyz Prahladnagar, Ahmedabad, Gujarat, India – 380015
- IndustryEducation, Corporate Training & Development
To see the full contact details of Passageways Education 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 Passageways Education Private Limited
FY 2019 filings availablePassageways Education Private Limited reported revenue of ₹1.38 Lakh (down 58% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 6% over three years, including a 58% fall in the latest year. EBITDA fell 203% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.38 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹38,471 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹37,164 | ||||
| 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -27.9% | ||||
| Net Profit Margin | -26.9% | ||||
| 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 Passageways Education Private Limited, buy the company report.
Board of directors of Passageways Education Private Limited
Passageways Education has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| David Ray Stout | Director | 17 May 2012 | 14 Years 5 Months | Current |
| Patricia Anne Stout | Director | 17 May 2012 | 14 Years 5 Months | Current |
Peer comparison
Passageways Education Private Limited is compared with the 4 companies closest to it by revenue in the Education industry (Corporate and Commercial Training, Education), with the same principal business activity (educational support services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Anchor Education Private Limited | ₹1.39 Lakh (FY 2016) | -96.0% | Mumbai, Maharashtra, India | |||
| Steamedu Learning Private Limited | ₹1.39 Lakh (FY 2021) | -42.0% | Delhi, India | |||
| Gravista Ventures Private Limited | ₹1.39 Lakh (FY 2025) | -35.0% | Ahmedabad, Gujarat, India | |||
| Passageways Education Private Limitedthis company | ₹1.38 Lakh (FY 2019) | -₹37,164 | -26.9% | -58.0% | Ahmedabad, Gujarat, India | |
| Sabins Education (OPC) Private Limited | ₹1.38 Lakh (FY 2025) | -31.0% | Pune, Maharashtra, India |
To see the full peer comparison of Passageways Education Private Limited, buy the company report.
Auditor
Passageways Education Private Limited is audited by NARESH J PATEL & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NARESH J PATEL & CO | FY 2019 | 123227W |
Shareholding
The shareholding of Passageways Education Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Passageways Education Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Passageways Education 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 Passageways Education Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Passageways Education 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 Passageways Education Private Limited, buy the company report.
Recent activity
Passageways Education Private Limited has 2 board changes on record since 2012: 2 appointments. The latest: David Ray Stout was appointed as Director on 17 May 2012.
Frequently asked questions
Passageways Education is an active foreign private limited company based in Ahmedabad, Gujarat, India. The company works in corporate training and development, within the education industry. It was incorporated on 17 May 2012 (14+ years old) and is registered under CIN U74140GJ2012FTC070394.
Passageways Education has 2 current directors:
- David Ray Stout - Director
- Patricia Anne Stout - Director
The latest financial statements of Passageways Education on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Passageways Education has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Passageways Education is U74140GJ2012FTC070394. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Passageways Education was incorporated on 17 May 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Passageways Education by revenue are Anchor Education Private Limited, Steamedu Learning Private Limited, Gravista Ventures Private Limited, Sabins Education (OPC) Private Limited, all in the Education industry (Corporate and Commercial Training, Education), with the same principal business activity (educational support services).
David Ray Stout was appointed as Director on 17 May 2012. Patricia Anne Stout was appointed as Director on 17 May 2012.
The registered office of Passageways Education is at H – 102 1st Floor Indraprashtha 5 Near Heritage Skyz Prahladnagar, Ahmedabad, Gujarat, India – 380015.
Passageways Education operates in the education industry, in the corporate training and development segment.
The compliance status of Passageways Education is compliant as of 10 July 2026. The company is actively filing with the Registrar of Companies.