Formula One Solutions Private Limited - Company overview

Formula One Solutions Private Limited is shown as "Strike Off" in MCA records.

2001-03-30 Bhubaneswar, Orissa Strike Off Unlisted Active Non-Compliant
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Key Metrics Public MCA facts are exact. Revenue, profit, assets, and employee figures may show as ranges until unlocked.

REVENUE
₹1–5 Cr
▲ 0.6%
FY 2018
PROFIT / LOSS
₹10–50 Lakh
▲ 7.9%
FY 2018
EBITDA
₹50 Lakh–1 Cr
▲ 2.6%
FY 2018
NET WORTH
₹1–5 Cr
▲ 13.0%
FY 2018
TOTAL ASSETS
₹5–10 Cr
▲ 10.5%
FY 2018
EMPLOYEE COUNT
81–90
OPEN CHARGES
-
-
PAID-UP CAPITAL
19.17 Lakh
AUTHORISED CAPITAL
55.00 Lakh
COMPANY AGE
25 Years 6 Months
since 2001-03-30
LAST FILING WITH ROC
2018-03-31
Last AGM: 2018-09-30
ACTIVE GST
1
Updated: 2023-02-24 14:27:16
TOTAL MONEY RAISED
₹10–50 Lakh
SATISFIED CHARGES
-
-

Company Health Scores Scores from 0–100 based on filings, compliance signals, financials, and board history on this profile.

Health scores for Formula One Solutions Private Limited covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.

Vendor Trust Score Moderate
56/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (5), financial health (95), director (55) and company-foundation signals.
  • Operating for 25+ years.
Compliance Score High risk
5/100
Statutory filings, status and regulatory flags.
  • Company status is "Strike Off" (not Active).
  • Marked ACTIVE non-compliant (INC-22A not filed).
Financial Health Score Low risk
95/100
Profitability, leverage and liquidity from filed statements.
  • Profitable in FY 2018.
  • Positive net worth.
Director Risk Score Moderate
55/100
Board strength, DIN status and churn.
  • 3 directors on the board.
  • Director SANDHYA RANI PATTANAYAK has DIN status "Deactivated due to non-filing of DIR-3 KYC".
Scores are derived from MCA filings, financial statements and public records on this page. Higher is safer. They are indicative, not a credit rating.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings. View report →

About Formula One Solutions Private Limited Company identity, industry, contact, and registration details from MCA and company records.

Formula One Solutions Private Limited is shown as "Strike Off" in MCA records. It was registered with ROC Cuttack on 30 March 2001 as a private limited company. Its registered office is in Bhubaneswar, Orissa.

Its filings describe the main line of business as computer programming, consultancy and related activities, which made up 95.69% of turnover.

It has three directors: Sandhya Rani Pattanayak, Bijayalakshmi Pradhan and Bimalendu Pradhan. The longest-serving is Bijayalakshmi Pradhan, on the board since 2001; the most recent to join is Sandhya Rani Pattanayak, appointed in June 2008. One former director, Satyananda Sahu, left in May 2009.

Paid-up capital stands at ₹19.17 lakh out of ₹55 lakh authorised. The last AGM on record was on 30 September 2018, for accounts made up to 31 March 2018. No charges (secured loans) are registered against it.

Information Technology •••••••• •••••••• ••••••••
  • Location Plot No.191-(Ga), Gayatri Vihar, Main Road Patia Square, Chandrasekharpur, Bhubaneswar, Orissa - 751024
Legal NameFormula One Solutions Private Limited
CIN / LLPINU72200OR2001PTC006476
Company No.006476
ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date2001-03-30
Date of AGM2018-09-30
Date of Balance Sheet2018-03-31
Listing StatusUnlisted
ROC CodeRoc Cuttack
PAN
LEI Number
Active ComplianceActive Non-Compliant

Current Directors of Formula One Solutions Private Limited (3) Current board members from MCA filings, including designation and appointment details.

S
Director | Since 2008-06-23 | DIN: 02288430
B
Director | Since 2001-03-30 | DIN: 02709996
B
Director | Since 2001-03-30 | DIN: 02127638

Financial Performance of Formula One Solutions Private Limited Bands and Low / Medium / High trend shape. Exact figures unlock with your report.

Estimated bands · FY 2018
Revenue ₹1–5 Cr ▲ 0.6%
P&L ₹10–50 Lakh ▲ 7.9%
EBITDA ₹50 Lakh–1 Cr ▲ 2.6%
Net worth ₹1–5 Cr ▲ 13.0%

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Business Activity Principal business activity and turnover mix from MCA filings.

Activity GroupDescriptionTurnover %
Information and communicationComputer programming, consultancy and related activities95.69
TradeWholesale Trading4.31

Financial Ratios of Formula One Solutions Private Limited Profitability, leverage, and liquidity ratios from filed statements. Exact values unlock with your report.

5 years of ratios on record

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Net profit margin Debt / Equity Current ratio ROE

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Shareholding Pattern of Formula One Solutions Private Limited Ownership and contribution detail from filings. Full breakdown unlocks with your report.

3 shareholder categories on record

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Ownership mix Category breakdown Year-wise pattern Promoter holding

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Employees and EPFO Compliance at Formula One Solutions Private Limited EPFO establishments, contributions, and headcount history. Full records unlock with your report.

1 establishment linked

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Monthly headcount PF contributions ECR filing status Establishment history

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GST Compliance of Formula One Solutions Private Limited GST registrations and filing status by state. Full compliance detail unlocks with your report.

State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.

GSTIN registrations State-wise filing status HSN and SAC details Tax jurisdiction records

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Credit Ratings, Litigation & Regulatory Alerts for Formula One Solutions Private Limited Ratings, court records, and regulatory alerts. Full risk detail unlocks with your report.

1 regulatory flag on record

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Rating history Court and tribunal cases Regulatory alerts Director-linked violations

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MSME Payment Delays by Formula One Solutions Private Limited MSME supplier payment delays and filing history. Full amounts unlock with your report.

Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.

Outstanding amounts Delay periods and reasons MSME-1 filing history Vendor payment signals

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MCA Filings & Documents of Formula One Solutions Private Limited Official MCA forms, returns, and filing index. Document access unlocks with your report.

Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.

Incorporation documents Annual returns and statements Charge filings Complete filing index

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Frequently Asked Questions about Formula One Solutions Private Limited Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
Who is the owner of Formula One Solutions Private Limited?
MCA does not publish an "owner" field. Formula One Solutions Private Limited is run by its directors, Sandhya Rani Pattanayak, Bijayalakshmi Pradhan and Bimalendu Pradhan. The people who own the shares are listed in its annual return (form MGT-7), which can differ from the directors.
Who are the current board members and directors of Formula One Solutions Private Limited?
Formula One Solutions Private Limited has three current directors: Sandhya Rani Pattanayak (since June 2008), Bijayalakshmi Pradhan (since March 2001) and Bimalendu Pradhan (since March 2001).
What is CIN of Formula One Solutions Private Limited?
The CIN of Formula One Solutions Private Limited is U72200OR2001PTC006476. Reading it left to right: U means it is not listed, 72200 is the industry code it registered under, OR is Odisha, 2001 is the year it was registered, PTC is the company type and 006476 is its registration number.
When was Formula One Solutions Private Limited incorporated?
Formula One Solutions Private Limited was incorporated on 30 March 2001 with ROC Cuttack. That makes it more than 25 years old.
What is the registered address of Formula One Solutions Private Limited?
The registered office on MCA records is Plot No.191-(Ga), Gayatri Vihar, Main Road Patia Square, Chandrasekharpur, Bhubaneswar, Orissa - 751024.
What is the current status of Formula One Solutions Private Limited?
MCA shows Formula One Solutions Private Limited as "Strike Off". The ROC has removed it from the register of companies. It cannot do business unless the NCLT restores it.
What is the contact number or email for Formula One Solutions Private Limited?
You can post to its registered office at Plot No.191-(Ga), Gayatri Vihar, Main Road Patia Square, Chandrasekharpur, Bhubaneswar, Orissa - 751024.
What industry or business activity is Formula One Solutions Private Limited associated with?
Its MCA filings list the main business as computer programming, consultancy and related activities (95.69% of turnover).
What is paid-up capital and authorised share capital of Formula One Solutions Private Limited?
Paid-up capital is ₹19.17 lakh and authorised capital is ₹55 lakh, so about 35% of the authorised amount has been issued.
When did Formula One Solutions Private Limited last file accounts and hold an AGM?
The last AGM on record was on 30 September 2018, and the latest balance sheet is for the year ending 31 March 2018.
Where can I see charges and lenders for Formula One Solutions Private Limited?
MCA shows no charges registered against Formula One Solutions Private Limited, so no assets are pledged for a registered secured loan.
Have any directors left Formula One Solutions Private Limited?
Yes, one former director is on record. Satyananda Sahu (May 2009) left.
What is the turnover or revenue of Formula One Solutions Private Limited?
Based on filed financial statements, the revenue of Formula One Solutions Private Limited for FY 2018 was in the ₹1–5 Cr range. That is up 0.6% on the previous year. Exact year-wise revenue, profit and balance sheet figures are on the Financial tab.
What is the net worth of Formula One Solutions Private Limited?
For FY 2018, the net worth of Formula One Solutions Private Limited was in the ₹1–5 Cr range.
How can I get the financial details of Formula One Solutions Private Limited?
The latest accounts on record are for FY 2018. The Financial tab has year-wise profit and loss, balance sheet and ratios, with exact figures after you sign in.
Formula One Solutions Private Limited - is it listed or unlisted?
Formula One Solutions Private Limited is unlisted, so its shares are not traded on a stock exchange. Its CIN starts with U for the same reason.
What is the ROC code of Formula One Solutions Private Limited?
Formula One Solutions Private Limited is registered with ROC Cuttack.
What is the company classification of Formula One Solutions Private Limited?
MCA classifies Formula One Solutions Private Limited as: Private Limited Indian Non-Government Company.
Does Formula One Solutions Private Limited have GST registrations on file?
Yes, one active GST registration is linked to Formula One Solutions Private Limited.

Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.