True North Development Management Services Private Limited
About True North Development Management Services Private Limited
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True North Development Management Services Private Limited was a private limited company based in Mumbai, Maharashtra, 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 management consultancy segment of the business services sector. It was incorporated on 25 March 2011.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U93030MH2011PTC215318.
The company had an authorised share capital of ₹2 Lakh and a paid-up capital of ₹2 Lakh. It was led by directors Ankit Mital and Richa Sethi.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at 1B Siddhachal Phase 6 Off Pokhran 2 Thane (West), Mumbai, Maharashtra, India – 400610.
As per the financials filed for FY 2017, the company reported a revenue of ₹33,841, a decline of 61% compared to the previous year. For the same year it recorded a net loss of ₹57,183 (net margin -169%) and EBITDA of -₹57,183 (EBITDA margin -169%).
Company details
Contact details
True North Development Management Services Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address1B Siddhachal Phase 6 Off Pokhran 2 Thane (West), Mumbai, Maharashtra, India – 400610
- IndustryBusiness Services, Management Consultancy
To see the full contact details of True North Development Management Services 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 True North Development Management Services 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 True North Development Management Services Private Limited, buy the company report.
Financials of True North Development Management Services Private Limited
FY 2017 filings availableTrue North Development Management Services Private Limited reported revenue of ₹33,841 (down 61% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 61% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹33,841 | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
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| Depreciation and Amortisation | |||
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| Total Expenses | |||
| EBITDA | -₹57,183 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹57,183 | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
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Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -169% | ||
| Net Profit Margin | -169% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
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To see the full financial statements and ratios of True North Development Management Services Private Limited, buy the company report.
Board of directors of True North Development Management Services Private Limited
True North Development Management Services has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ankit Mital | Director | 25 Mar 2011 | 15 Years 7 Months | As last reported |
| Richa Sethi Also directs: Writer's Bug Learning Private Limited | Director | 25 Mar 2011 | 15 Years 7 Months | As last reported |
Peer comparison
True North Development Management Services Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (management consultancy activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rizq Management Consultancy Private Limited | ₹34,350 (FY 2025) | Kozhikode, Kerala, India | ||||
| Pingala Services (OPC) Private Limited | ₹34,000 (FY 2023) | Chennai, Tamil Nadu, India | ||||
| Minsource Consultant Private Limited | ₹34,000 (FY 2018) | -11.0% | Raipur, Chhattisgarh, India | |||
| Beyotomo Global Ventures Private Limited | ₹33,970 (FY 2025) | -91.0% | Pune, Maharashtra, India | |||
| Arbela Trading and Services Private Limited | ₹33,868 (FY 2025) | -100.0% | Kolkata, West Bengal, India | |||
| True North Development Management Services Private Limitedthis company | ₹33,841 (FY 2017) | -₹57,183 | -169% | -61.0% | Mumbai, Maharashtra, India | |
| Anjanidham Realestate Private Limited | ₹33,784 (FY 2021) | -27.0% | Kolkata, West Bengal, India | |||
| DKL Trading Private Limited | ₹33,721 (FY 2018) | New Delhi, Delhi, India | ||||
| Mann Softech Private Limited | ₹33,628 (FY 2025) | -100.0% | Delhi, India | |||
| Sunshine Corporate Services Pvt Ltd | ₹33,600 (FY 2024) | -65.0% | New Delhi, Delhi, India | |||
| SMB Advisory Services Private Limited | ₹33,196 (FY 2020) | -98.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of True North Development Management Services Private Limited, buy the company report.
Auditor
True North Development Management Services Private Limited is audited by V. Agarwal & Co. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V. Agarwal & Co. | FY 2017 | 117000W |
Shareholding
The shareholding of True North Development Management Services 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 True North Development Management Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving True North Development Management Services 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 True North Development Management Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for True North Development Management Services Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
True North Development Management Services Private Limited has 2 board changes on record since 2011: 2 appointments. The latest: Ankit Mital was appointed as Director on 25 Mar 2011.
Frequently asked questions
True North Development Management Services 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.
True North Development Management Services was a private limited company based in Mumbai, Maharashtra, India. The company worked in management consultancy, within the business services industry. It was incorporated on 25 March 2011 and is registered under CIN U93030MH2011PTC215318. The company has been struck off by the Registrar of Companies and is no longer operational.
True North Development Management Services had 2 directors:
- Ankit Mital - Director
- Richa Sethi - Director
The CIN (Corporate Identification Number) of True North Development Management Services is U93030MH2011PTC215318. 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 True North Development Management Services is at 1B Siddhachal Phase 6 Off Pokhran 2 Thane West, Mumbai, Maharashtra, India – 400610.
True North Development Management Services was incorporated on 25 March 2011. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of True North Development Management Services on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
True North Development Management Services operated in the business services industry, in the management consultancy segment. It worked in this industry before it was struck off.
The peers of True North Development Management Services by revenue are Rizq Management Consultancy Private Limited, Pingala Services (OPC) Private Limited, Minsource Consultant Private Limited, Beyotomo Global Ventures Private Limited, Arbela Trading and Services Private Limited and 5 more, all in the same principal business activity (management consultancy activities).
Ankit Mital was appointed as Director on 25 Mar 2011. Richa Sethi was appointed as Director on 25 Mar 2011.
True North Development Management Services can be reached at its registered office: 1B Siddhachal Phase 6 Off Pokhran 2 Thane West, Mumbai, Maharashtra, India – 400610.