Parallel Space Private Limited - Due diligence report

A 360° intelligence report on Parallel Space Private Limited: trust score, financial health, credit view, compliance, directors, growth and …

2018-03-07 Bangalore, Karnataka Strike Off Unlisted
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PS Parallel Space Private Limited
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  • Director details, charges & MCA documents
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Parallel Space Private Limited — 360° Intelligence Report

Generated from MCA filings & public records
46/100
Trust Score
Caution Indicated

Parallel Space Private Limited is assessed as Caution Indicated with a Trust Score of 46/100. Parallel Space Private Limited is a private limited indian non-government company incorporated in 2018, operating in the Business Services sector. Reported revenue has declined across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a high compliance risk and high financial risk profile.

Report generated on 21 Jul 2026 from the latest processed filings. Parallel Space Private Limited snapshot & full profile →

Financial Health › Weak
Overall Assessment CautionWeakNeutralGoodStrong Neutral
Compliance › Weak

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreCaution Indicated
46/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
30/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreCaution Indicated
35/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreLow Risk
85/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreModerate
60/100
Revenue, profit, asset and hiring momentum.
Distress ScoreCaution Indicated
20/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 2 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

Get full access

Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 85/100 Low Risk
  • Liabilities ≈ 38% EBITDA - serviceable.
  • No open charges - unencumbered balance sheet.
  • Profitable - internal accruals available.

Charges position: 0 open (-) · 0 satisfied (-).

Compliance Score: 30/100 Caution Indicated
  • Company status is "Strike Off" - not Active.
  • Last balance sheet is for Mar 2021 - filings overdue.
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
PRADEEP SUBRAMANYA BHAT 01234567 Director 01/04/2018 6 yrs Approved
BHARATH SAMPATH 01234567 Director 01/04/2018 6 yrs Approved
  • 2 directors on the board.
  • No disqualified or deactivated DINs.
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
06

Ownership & Group Intelligence

Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
-
Group entities
-
Capital events
-

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 60 · Distress 20
Growth signals & trust indicators
Profit expanded 1.42 year-on-year.
Asset base grew 2.1x - capacity expansion.
Net margin improved to 24%.
Operating for 8 years.
Distress signals & risk flags
Revenue declined year-on-year.
Negative net worth.
Statutory filings appear overdue.
Adverse company status: Strike Off.
Compliance score is weak (30/100).
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence32/100
Caution indicated
Suitability as a supplier / customer counterparty.
  • Check the compliance flags before onboarding.
  • 4 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment56/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • No existing security registered - first-charge position available.
  • Compliance gaps should be priced into terms.
Investor view48/100
Mixed indicators
Growth quality and scalability through an investor lens.
  • 3 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 5 events
07 Apr 2021
Last AGM held
Annual general meeting
31 Mar 2021
Latest balance sheet
Filed with ROC
07 Mar 2018
Incorporated
Registered with Roc Bangalore
Director appointed
PRADEEP SUBRAMANYA BHAT (Director)
Director appointed
BHARATH SAMPATH (Director)
10

Key Observations

Auto-generated from the data above
Revenue declined 0.86 over the last 1 financial year(s).
Net profit margin moved from 61% to 38%.
2 active director(s) / partner(s); board looks stable and experienced.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Vicuna Living Private Limited U74999OR2018PTC028607 Bhubaneswar, Orissa, India
Dgr Accounting Services Private Limited U74999KA2019PTC125865 Mangalore, Karnataka, India
Technoporton Solutions Private Limited U74999MH2016PTC283404 Navi Mumbai, Maharashtra, India
Seven Ocean Ship Management Pvt. Ltd U74910MH2006PTC163551 Navi Mumabi, Maharashtra, India
Timelineplus Smartapps Private Limited U74999KL2017PTC051546 Edakazhiyoor, Kerala, India
Thickmark Data Management Private Limited U74999TG2019PTC131719 Hyderabad, Telangana, India
Bg Fintec Services (Opc) Private Limited U74999TN2016OPC110371 Chennai, Tamil Nadu, India
Dale Consultants Private Limited U74999UP2018PTC100107 Lucknow, Uttar Pradesh, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Parallel Space Private Limited before audits and certifications: compliance score 30/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Parallel Space Private Limited: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Mixed indicators - deeper appraisal suggested. Credit risk score 85/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Mixed indicators. Growth score 60/100, margin trends, ownership structure and peer set for Parallel Space Private Limited - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Caution indicated. Trust score 46/100, distress signals and MSME payment-delay disclosures - know whether Parallel Space Private Limited pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (no cases on record), regulatory flags, charge documents trail and director networks for Parallel Space Private Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Parallel Space Private Limited an active company?

Parallel Space Private Limited has MCA status “Strike Off” with a compliance score of 30/100 (Caution Indicated).

Is Parallel Space Private Limited financially healthy?

Parallel Space Private Limited has a Financial Health Score of 35/100 (Caution Indicated) based on its filed financial statements.

Should I do business with Parallel Space Private Limited?

Its overall Trust Score is 46/100 (Caution Indicated). Vendor verdict: Caution indicated. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Parallel Space Private Limited?

See the directors and ownership sections above for board and shareholding detail. 2 active director(s) are on record.

Does Parallel Space Private Limited have loans or charges against its assets?

No charges are registered against this company - an unencumbered balance sheet.

Is Parallel Space Private Limited up to date with its ROC filings?

Last balance sheet is for Mar 2021 - filings overdue. Overall compliance score: 30/100 (Caution Indicated).

Is it risky to lend to Parallel Space Private Limited?

Its Credit Risk Score is 85/100 (Low Risk). Banker verdict: Mixed indicators - deeper appraisal suggested.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.