About Accutime Logistics Private Limited
Data last updated:
Accutime Logistics Private Limited was a private limited company based in Kolkata, West Bengal, India. The company has been dissolved under section 54 as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 30 March 2007.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U63090WB2007PTC114917. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹3 Cr and a paid-up capital of ₹1.98 Cr. It was formerly known as Krishna Towers Private Limited and Krishna Parivahan Private Limited. It was led by directors including Bojja Parthasarathy Rajkumar and Rohit Pandey.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at Shree Krishna Chambers 78 Bentinck Street Room No. 3B 2nd Floor, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2019, the company reported a revenue of ₹118.43 Cr, a growth of 45% compared to the previous year. For the same year it recorded a net profit of ₹2.11 Cr (net margin 1.8%) and EBITDA of ₹5.44 Cr (EBITDA margin 4.6%). Revenue has grown at a compounded annual rate (CAGR) of 43% over three years.
The company had about 30 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had open charges of ₹33.76 Cr and satisfied charges of ₹13.15 Cr on record. Court records list 13 cases involving the company, including 8 filed by the company and 5 filed against it; 4 cases are pending.
The last known website on record is accutime.in.
Company details
Name history
Accutime Logistics has undergone 2 name changes throughout its history. The company was previously known as Krishna Towers Private Limited, and Krishna Parivahan Private Limited. The current legal name is Accutime Logistics Private Limited.
| Company Name | Status |
|---|---|
| Accutime Logistics Private Limited | Current |
| Krishna Towers Private Limited | Previous |
| Krishna Parivahan Private Limited | Previous |
CIN history
Accutime Logistics has one previous CIN (Corporate Identification Number): U45400WB2007PTC114917. The current CIN is U63090WB2007PTC114917, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U63090WB2007PTC114917 | Current |
| U45400WB2007PTC114917 | Previous |
Contact details
Accutime Logistics Private Limited's registered office is in Kolkata, West Bengal. Its website is accutime.in. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressShree Krishna Chambers 78 Bentinck Street Room No. 3B 2nd Floor, Kolkata, West Bengal, India – 700001
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Accutime Logistics 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 Accutime Logistics is transport and storage. In detail, this covers land transport via road.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H1 | Land Transport via Road |
To see the full business activity and turnover split of Accutime Logistics Private Limited, buy the company report.
Financials of Accutime Logistics Private Limited
FY 2019 filings availableAccutime Logistics Private Limited reported revenue of ₹118.43 Cr (up 45% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 43% over three years, including 45% growth in the latest year. EBITDA rose 46% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹118.43 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹5.44 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.11 Cr | ||||
| 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 | 4.6% | ||||
| Net Profit Margin | 1.8% | ||||
| 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 Accutime Logistics Private Limited, buy the company report.
Board of directors of Accutime Logistics Private Limited
Accutime Logistics has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rohit Pandey | Additional Director | 01 Apr 2021 | 5 Years 7 Months | As last reported |
| Rahul Kumar Luharuka | Additional Director | 08 Jul 2021 | 5 Years 3 Months | As last reported |
| Bojja Parthasarathy Rajkumar Also directs: Epson Goods Pvt.Ltd., Scoper Commercials Private Limited, Accutime Trucking Solutions Private Limited and 1 more | Director | 26 Sep 2019 | 7 Years 1 Months | As last reported |
Auditor
Accutime Logistics Private Limited is audited by M K JHA & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M K JHA & CO | FY 2019 | 326374E |
Shareholding
The shareholding of Accutime Logistics Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Accutime Logistics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Mar 2021 | 100497499 | Others | ₹1.09 Cr | Open | |
| 25 Mar 2021 | 100497504 | Others | ₹1.09 Cr | Open | |
| 25 Mar 2021 | 100497501 | Others | ₹1.09 Cr | Open | |
| 30 Dec 2017 | 100157259 | Others | ₹30.5 Cr | Open | |
| 26 Apr 2019 | 100262993 | Others | ₹1 Cr | Satisfied |
To see the full charge records of Accutime Logistics Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Accutime Logistics Private Limited has 13 court cases on record: 8 filed by Accutime Logistics, 5 filed against it. 4 cases are pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 5 | 3 |
| High courts | 6 | 0 | 1 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Bandhan Bank Limited | Pending |
| High Court, West Bengal | Writ petition | Filed by the company against Bandhan Bank Ltd and Anr | Pending |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against Reliance Industries Ltd and 1 other | Disposed |
| High Court, TAMIL NADU | Writ petition | Filed by the company against Reliance Industries Ltd and 1 other | Disposed |
| District court, Calcutta, West Bengal | Court case (CN) | Filed by the company against M/S. Deepanshu Goods Freight Carriers | Pending |
To see the full case history of Accutime Logistics Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Accutime Logistics Private Limited was last rated by Care on 22 Jul 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 22 Jul 2022 |
To see the full credit ratings and regulatory alerts of Accutime Logistics Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Accutime Logistics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Accutime Logistics Private Limited has a workforce of 30 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Accutime Logistics 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 Accutime Logistics Private Limited, buy the company report.
Recent activity
Accutime Logistics Private Limited has 10 board changes on record since 2014: 3 appointments and 7 cessations. The latest: Annapureddy Reddy Vishwanath ceased to be Director on 08 Jul 2021.
11 earlier events are in the company report.
Frequently asked questions
Accutime Logistics has been "Dissolved Under Section 54" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Accutime Logistics was a private limited company based in Kolkata, West Bengal, India. The company worked in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 30 March 2007 and is registered under CIN U63090WB2007PTC114917. The company is recorded as dissolved under section 54 in MCA records and no longer exists as a legal entity.
Accutime Logistics was incorporated on 30 March 2007. It is registered with the Registrar of Companies, Kolkata.
Accutime Logistics had 3 directors:
- Rohit Pandey - Additional Director
- Rahul Kumar Luharuka - Additional Director
- Bojja Parthasarathy Rajkumar - Director
The CIN (Corporate Identification Number) of Accutime Logistics is U63090WB2007PTC114917. 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 Accutime Logistics is at Shree Krishna Chambers 78 Bentinck Street Room No. 3B 2nd Floor, Kolkata, West Bengal, India – 700001.
Accutime Logistics can be reached through the website accutime.in. Its registered office is in Kolkata, West Bengal, India.
The latest financial statements of Accutime Logistics on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Accutime Logistics has 1 GST registration on record and it is cancelled or inactive.
Accutime Logistics operated in the transport and logistics industry, in the integrated and diversified logistics services segment.
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