About Wider Options Consulting Private Limited
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Wider Options Consulting 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 business and IT consulting segment of the business process outsourcing sector. It was incorporated on 23 November 2011.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2011PTC061297. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4.63 Lakh. It was formerly known as Wider Options Private Limited. It was led by directors including Samuel Singh Sekhon and Valerie Jane Gray.
Its last annual general meeting (AGM) was held on 22 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at 275 1st Floor 11th Main Indiranagar II Stage, Bangalore, Karnataka, India – 560038.
As per the financials filed for FY 2016, the company reported a revenue of ₹63.07 Lakh, a growth of 80% compared to the previous year. For the same year it recorded a net profit of ₹2.07 Lakh (net margin 3.3%) and EBITDA of ₹4.08 Lakh (EBITDA margin 6.5%).
The last known website on record is wideroptions.com.
Company details
Contact details
Wider Options Consulting Private Limited's registered office is in Bangalore, Karnataka. Its website is wideroptions.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address275 1st Floor 11th Main Indiranagar II Stage, Bangalore, Karnataka, India – 560038
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Wider Options Consulting 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 Wider Options Consulting is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities |
To see the full business activity and turnover split of Wider Options Consulting Private Limited, buy the company report.
Financials of Wider Options Consulting Private Limited
FY 2016 filings availableWider Options Consulting Private Limited reported revenue of ₹63.07 Lakh (up 80% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 80% in the latest year. EBITDA fell 11% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹63.07 Lakh | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹4.08 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹2.07 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 6.5% | |
| Net Profit Margin | 3.3% | |
| 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 | ||
| Payable Days | ||
| Inventory Days | ||
| Revenue Growth | ||
| Net Profit Growth | ||
To see the full financial statements and ratios of Wider Options Consulting Private Limited, buy the company report.
Board of directors of Wider Options Consulting Private Limited
Wider Options Consulting 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 |
|---|---|---|---|---|
| Samuel Singh Sekhon | Director | 07 Jun 2014 | 12 Years 5 Months | As last reported |
| Valerie Jane Gray | Director | 23 Nov 2011 | 14 Years 11 Months | As last reported |
| Raghavendra Mohan Mithare Also directs: Processwhirl Leardership Institute LLP | Director | 02 Jun 2015 | 11 Years 5 Months | As last reported |
Auditor
Wider Options Consulting Private Limited is audited by K S DINESH & ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K S DINESH & ASSOCIATES | FY 2016 | 009316S |
Shareholding
The shareholding of Wider Options Consulting Private Limited is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Wider Options Consulting Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Wider Options Consulting 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 Wider Options Consulting Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Wider Options Consulting 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 Wider Options Consulting Private Limited, buy the company report.
Recent activity
Wider Options Consulting Private Limited has 7 board changes on record since 2011: 3 appointments and 4 cessations. The latest: Samuel Singh Sekhon ceased to be Director on 29 Sep 2018.
Frequently asked questions
Wider Options Consulting 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.
Wider Options Consulting was a private limited company based in Bangalore, Karnataka, India. The company worked in business and IT consulting, within the business outsourcing industry. It was incorporated on 23 November 2011 and is registered under CIN U74999KA2011PTC061297. The company has been struck off by the Registrar of Companies and is no longer operational.
Wider Options Consulting had 3 directors:
- Samuel Singh Sekhon - Director
- Valerie Jane Gray - Director
- Raghavendra Mohan Mithare - Director
The CIN (Corporate Identification Number) of Wider Options Consulting is U74999KA2011PTC061297. 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 Wider Options Consulting is at 275 1st Floor 11th Main Indiranagar II Stage, Bangalore, Karnataka, India – 560038.
Wider Options Consulting was incorporated on 23 November 2011. It is registered with the Registrar of Companies, Bangalore.
Wider Options Consulting can be reached through the website wideroptions.com. Its registered office is in Bangalore, Karnataka, India.
The latest financial statements of Wider Options Consulting on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 22 September 2016. Year-wise statements from 2015 are in the company report.
No. Wider Options Consulting has 1 GST registration on record and it is cancelled or inactive.
Wider Options Consulting operated in the business outsourcing industry, in the business and IT consulting segment. It worked in this industry before it was struck off.
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