Wadi Services Private Limited
About Wadi Services Private Limited
Data last updated:
Wadi Services Private Limited was a private limited company based in New Delhi, Delhi, 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 IT consulting and support services segment of the technology and IT services sector. It was incorporated on 05 September 2014.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U72200DL2014PTC271342. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Neeraj Kumar Agarwal and Ankit Wadhwa.
Its last annual general meeting (AGM) was held on 28 July 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at House No 129 Block D Kamla Nagar, New Delhi, Delhi, India – 110007.
As per the financials filed for FY 2019, the company reported a revenue of ₹2.41 Lakh, a decline of 100% compared to the previous year. For the same year it recorded a net loss of ₹8.8 Lakh (net margin -365.4%) and EBITDA of -₹3.52 Lakh (EBITDA margin -146%). Revenue has declined at a compounded annual rate (CAGR) of 84% over three years.
The company had about 122 employees on its provident fund (EPFO) records before it was struck off.
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- Registered AddressHouse No 129 Block D Kamla Nagar, New Delhi, Delhi, India – 110007
- IndustryInformation Technology, IT Consulting & Support Services
- 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
- One PDF report, delivered after checkout
Financials of Wadi Services Private Limited
FY 2019 filings availableWadi Services Private Limited reported revenue of ₹2.41 Lakh (down 100% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 84% over three years. EBITDA fell 106% in the latest year. 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 2014-15 to FY 2017-18in the company report |
|---|---|---|
| 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 | -₹3.52 Lakh | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | -₹8.8 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 2018-19 | FY 2014-15 to FY 2017-18in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -146% | |
| Net Profit Margin | -365.4% | |
| 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 | •••• | |
Paid data: the figures shown as dots, and every line for FY 2014-15 to FY 2017-18, are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Wadi Services are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Board of Directors of Wadi Services Private Limited
Wadi Services has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neeraj Kumar Agarwal | Director | 18 Mar 2019 | 7 Years 7 Months | As last reported |
| Ankit Wadhwa Also directs: Rarium Holdings Private Limited | Director | 01 Aug 2016 | 10 Years 2 Months | As last reported |
Auditor Details
Wadi Services Private Limited is audited by PRINCE MITTAL & ASSOCIATES for the financial year 2016.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PRINCE MITTAL & ASSOCIATES | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
Wadi Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance
Employment history and EPFO contributions of people linked to Wadi Services.
: available in the company report
Recent Activity
Wadi Services Private Limited has 7 board changes on record since 2016: 2 appointments and 5 cessations. The latest: Neeraj Kumar Agarwal was appointed as Director on 18 Mar 2019.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Wadi Services has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Wadi 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.
Wadi Services was a private limited company based in New Delhi, Delhi, India. The company worked in IT consulting and support services, within the information technology industry. It was incorporated on 05 September 2014 and is registered under CIN U72200DL2014PTC271342. The company has been struck off by the Registrar of Companies and is no longer operational.
Wadi Services had 2 directors:
- Neeraj Kumar Agarwal - Director
- Ankit Wadhwa - Director
The CIN (Corporate Identification Number) of Wadi Services is U72200DL2014PTC271342. 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 Wadi Services is at House No 129 Block D Kamla Nagar, New Delhi, Delhi, India – 110007.
Wadi Services was incorporated on 05 September 2014. It is registered with the Registrar of Companies, Delhi.
The latest financial statements of Wadi Services on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 28 July 2019. Year-wise statements from 2015 are in the company report.
No. Wadi Services has 1 GST registration on record and it is cancelled or inactive.
Wadi Services operated in the information technology industry, in the IT consulting and support services segment. It worked in this industry before it was struck off.
Neeraj Kumar Agarwal was appointed as Director on 18 Mar 2019. Pratik Gupta ceased to be Additional Director on 18 Mar 2019. Manav Lohia ceased to be Director on 22 Aug 2017. Wadi Services has 7 board changes on record in total.