About Workolo Employment Services Private Limited
Data last updated:
Workolo Employment Services 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 human resources segment of the professional services sector. It was incorporated on 09 November 2012.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U74110TN2012PTC088437.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Nidheesh Gopalan (Managing Director) and Shanmugam Santhanakrishnan.
Its last annual general meeting (AGM) was held on 28 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at 191 Lamech Street 2nd Floor Janaki Nagar Valasarawakkam, Chennai, Tamil Nadu, India – 600087.
As per the financials filed for FY 2017, the company reported a revenue of ₹28,045. For the same year it recorded a net loss of ₹87.57 Lakh and EBITDA of -₹44.72 Lakh.
The company had about 7 employees on its provident fund (EPFO) records before it was struck off.
The last known website on record is workolo.com.
Company details
CIN history
Workolo Employment Services has one previous CIN (Corporate Identification Number): U74999TN2012PTC088437. The current CIN is U74110TN2012PTC088437, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110TN2012PTC088437 | Current |
| U74999TN2012PTC088437 | Previous |
Contact details
Workolo Employment Services Private Limited's registered office is in Chennai, Tamil Nadu. Its website is workolo.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address191 Lamech Street 2nd Floor Janaki Nagar Valasarawakkam, Chennai, Tamil Nadu, India – 600087
- IndustryProfessional Services, Human Resources, Placement Services
To see the full contact details of Workolo Employment 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 Workolo Employment Services is support service to organizations. In detail, this covers placement agencies and hr management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N2 | Placement agencies and HR management services |
To see the full business activity and turnover split of Workolo Employment Services Private Limited, buy the company report.
Financials of Workolo Employment Services Private Limited
FY 2019 filings availableWorkolo Employment Services Private Limited reported revenue of ₹28,045 for FY 2017.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹28,045 | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹44.72 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹87.57 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 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 Workolo Employment Services Private Limited, buy the company report.
Board of directors of Workolo Employment Services Private Limited
Workolo Employment Services has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nidheesh Gopalan Also directs: Begnot Charity | Managing Director | 09 Nov 2012 | 14 Years 0 Months | As last reported |
| Shanmugam Santhanakrishnan Also directs: Begnot Charity | Director | 19 Apr 2019 | 7 Years 6 Months | As last reported |
Auditor
Workolo Employment Services Private Limited is audited by S.G.RAJ & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.G.RAJ & CO | FY 2017 | 211964 |
Shareholding
The shareholding of Workolo Employment 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 Workolo Employment Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Workolo Employment 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 Workolo Employment Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Workolo Employment Services Private Limited has a workforce of 7 employees on its EPFO records as of Feb 2018, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2017-18 | 7 |
| FY 2016-17 |
To see the full employee and EPFO history of Workolo Employment Services Private Limited, buy the company report.
GST
No GST registration is on our record for Workolo Employment Services Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Workolo Employment Services Private Limited has 3 board changes on record since 2012: 2 appointments and 1 cessation. The latest: Manojan Kannan Kandiyil ceased to be Director on 19 Apr 2019.
Frequently asked questions
Workolo Employment 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.
Workolo Employment Services was a private limited company based in Chennai, Tamil Nadu, India. The company worked in human resources, within the professional services industry. It was incorporated on 09 November 2012 and is registered under CIN U74110TN2012PTC088437. The company has been struck off by the Registrar of Companies and is no longer operational.
Workolo Employment Services had 2 directors:
- Nidheesh Gopalan - Managing Director
- Shanmugam Santhanakrishnan - Director
The CIN (Corporate Identification Number) of Workolo Employment Services is U74110TN2012PTC088437. 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 Workolo Employment Services is at 191 Lamech Street 2nd Floor Janaki Nagar Valasarawakkam, Chennai, Tamil Nadu, India – 600087.
Workolo Employment Services was incorporated on 09 November 2012. It is registered with the Registrar of Companies, Chennai.
Workolo Employment Services can be reached through the website workolo.com. Its registered office is in Chennai, Tamil Nadu, India.
The latest financial statements of Workolo Employment Services on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 28 September 2019. Year-wise statements from 2015 are in the company report.
Workolo Employment Services operated in the professional services industry, in the human resources segment. It worked in this industry before it was struck off.
Manojan Kannan Kandiyil ceased to be Director on 19 Apr 2019. Shanmugam Santhanakrishnan was appointed as Director on 19 Apr 2019. Nidheesh Gopalan was appointed as Managing Director on 09 Nov 2012.
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