About Turnipseed Accounting Private Limited
Data last updated:
Turnipseed Accounting Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 24 April 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74120KA2006PTC039073. Its GSTIN is 29AACCT4806G1ZB (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹4 Lakh and a paid-up capital of ₹4 Lakh. It is led by directors including Manayill Suresh Sajith (Whole-Time Director) and Vijeesha Sajith (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 1 Manyata Embassy Business Park, Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.11 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net loss of ₹10.32 Lakh (net margin -4.9%) and EBITDA of -₹10.24 Lakh (EBITDA margin -4.9%).
The company has about 37 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website flatworldaccounting.com.
Company details
Contact details
Turnipseed Accounting Private Limited's registered office is in Bangalore, Karnataka. Its website is flatworldaccounting.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressGround Floor Beech E – 1 Manyata Embassy Business Park, Outer Ring Road Nagawara, Bangalore, Karnataka, India – 560045
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Turnipseed Accounting 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 Turnipseed Accounting is professional, scientific and technical. In detail, this covers accounting, book keeping and auditing activities, tax consultancy.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M2 | Accounting, book keeping and auditing activities, tax consultancy |
To see the full business activity and turnover split of Turnipseed Accounting Private Limited, buy the company report.
Financials of Turnipseed Accounting Private Limited
FY 2025 filings availableTurnipseed Accounting Private Limited reported revenue of ₹2.11 Cr (down 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 15% in the latest year. EBITDA fell 14% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | -₹10.24 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹10.32 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -4.9% | ||||
| Net Profit Margin | -4.9% | ||||
| 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 Turnipseed Accounting Private Limited, buy the company report.
Board of directors of Turnipseed Accounting Private Limited
Turnipseed Accounting has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manayill Suresh Sajith | Whole-Time Director | 24 Apr 2006 | 20 Years 6 Months | Current |
| Vijeesha Sajith | Whole-Time Director | 01 Aug 2012 | 14 Years 3 Months | Current |
| James Lorenzo Turnipseed | Director | 24 Apr 2006 | 20 Years 6 Months | Current |
Auditor
Turnipseed Accounting Private Limited is audited by N V RAMANA & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N V RAMANA & CO | FY 2022 | 009699S |
Shareholding
The shareholding of Turnipseed Accounting Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Turnipseed Accounting Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Turnipseed Accounting 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 Turnipseed Accounting Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Turnipseed Accounting Private Limited has a workforce of 37 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
GST
Turnipseed Accounting has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCT4806G1ZB | Karnataka | Active | 12 Aug 2017 |
| 32AACCT4806G1ZO | Kerala | Active | 01 Feb 2019 |
To see the full GST registrations and return filing status of Turnipseed Accounting Private Limited, buy the company report.
Recent activity
Turnipseed Accounting Private Limited has 7 board changes on record since 2006: 3 appointments and 4 cessations. The latest: Manayill Suresh Sajith ceased to be Director on 30 Sep 2019.
Frequently asked questions
Turnipseed Accounting is an active private limited company based in Bangalore, Karnataka, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 24 April 2006 (20+ years old) and is registered under CIN U74120KA2006PTC039073.
Turnipseed Accounting has 3 current directors:
- Manayill Suresh Sajith - Whole-Time Director
- Vijeesha Sajith - Whole-Time Director
- James Lorenzo Turnipseed - Director
The latest financial statements of Turnipseed Accounting on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Turnipseed Accounting is 29AACCT4806G1ZB, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 32AACCT4806G1ZO (Kerala).
The CIN (Corporate Identification Number) of Turnipseed Accounting is U74120KA2006PTC039073. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Turnipseed Accounting was incorporated on 24 April 2006, making it 20+ years old. It is registered with the Registrar of Companies, Bangalore.
Manayill Suresh Sajith ceased to be Director on 30 Sep 2019. Vijeesha Sajith ceased to be Director on 30 Sep 2019. James Leith Martin ceased to be Director on 20 Mar 2019. Turnipseed Accounting has 7 board changes on record in total.
Turnipseed Accounting can be reached through the website flatworldaccounting.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Turnipseed Accounting is at Ground Floor Beech E – 1 Manyata Embassy Business Park, Outer Ring Road Nagawara, Bangalore, Karnataka, India – 560045.
Turnipseed Accounting operates in the business outsourcing industry, in the business and IT consulting segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
