Ace Currency Automation Private Limited
About Ace Currency Automation Private Limited
Data last updated:
Ace Currency Automation Private Limited was a private limited company based in Chennai, Tamil Nadu, 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 wholesale distribution segment of the trading and commerce sector. It was incorporated on 15 December 2011.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U74900TN2011PTC083613. The company has 1 GST registration on record, which is no longer active.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 ₹1 Lakh. It was led by directors including Hariharan (Managing Director) and Kamlakannan Senthil Kumar.
Its last annual general meeting (AGM) was held on 26 July 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at No 20 Spartan Nagar Thiruvalluvar Nagar Mugappair, Chennai, Tamil Nadu, India – 600037.
Company details
Contact details
Ace Currency Automation Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo 20 Spartan Nagar Thiruvalluvar Nagar Mugappair, Chennai, Tamil Nadu, India – 600037
- IndustryTrading, Other Wholesale, Wholesale
To see the full contact details of Ace Currency Automation 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 Ace Currency Automation Private Limited
FY 2019 filings availableAce Currency Automation Private Limited reported revenue of ₹980 (down 100% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 94% over three years. 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 | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | |||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | |||||
| 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 | |||||
| Net Profit Margin | |||||
| 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 Ace Currency Automation Private Limited, buy the company report.
Board of directors of Ace Currency Automation Private Limited
Ace Currency Automation has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kamlakannan Senthil Kumar | Director | 15 Dec 2011 | 14 Years 11 Months | As last reported |
| Seetharaman | Director | 15 Dec 2011 | 14 Years 11 Months | As last reported |
| Hariharan Also directs: Accurate Currency Automation Private Limited | Managing Director | 15 Dec 2011 | 14 Years 11 Months | As last reported |
Auditor
Ace Currency Automation Private Limited is audited by PALAMALAI & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PALAMALAI & CO | FY 2017 | 28447 |
Shareholding
The shareholding of Ace Currency Automation Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Ace Currency Automation Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ace Currency Automation 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 Ace Currency Automation Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ace Currency Automation 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 Ace Currency Automation Private Limited, buy the company report.
Recent activity
Ace Currency Automation Private Limited has 4 board changes on record since 2011: 3 appointments and 1 cessation. The latest: Gunasekaran Suresh ceased to be Director on 08 Aug 2017.
Frequently asked questions
Ace Currency Automation 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.
Ace Currency Automation was a private limited company based in Chennai, Tamil Nadu, India. The company worked in other wholesale, within the trading industry. It was incorporated on 15 December 2011 and is registered under CIN U74900TN2011PTC083613. The company has been struck off by the Registrar of Companies and is no longer operational.
Ace Currency Automation had 3 directors:
- Hariharan - Managing Director
- Kamlakannan Senthil Kumar - Director
- Seetharaman - Director
The CIN (Corporate Identification Number) of Ace Currency Automation is U74900TN2011PTC083613. 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 Ace Currency Automation is at No 20 Spartan Nagar Thiruvalluvar Nagar Mugappair, Chennai, Tamil Nadu, India – 600037.
Ace Currency Automation was incorporated on 15 December 2011. It is registered with the Registrar of Companies, Chennai.
The latest financial statements of Ace Currency Automation on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 26 July 2019. Year-wise statements from 2015 are in the company report.
No. Ace Currency Automation has 1 GST registration on record and it is cancelled or inactive.
Ace Currency Automation operated in the trading industry, in the other wholesale segment. It worked in this industry before it was struck off.
Gunasekaran Suresh ceased to be Director on 08 Aug 2017. Hariharan was appointed as Managing Director on 15 Dec 2011. Kamlakannan Senthil Kumar was appointed as Director on 15 Dec 2011. Ace Currency Automation has 4 board changes on record in total.
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.
