Altitude Synergy Private Limited
About Altitude Synergy Private Limited
Data last updated:
Altitude Synergy 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 wholesale distribution segment of the trading and commerce sector. It was incorporated on 13 March 2009.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U85100MH2009PTC190900. The company has 1 GST registration on record, which is no longer active.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 formerly known as Altitude Technology Systems (India) Private Limited. It was led by directors including John Fitzgibbon Gloster and Neville Arsheesh Wadia.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at 5C Ill Palazzo Little Gibbs Road Malabar Hill, Mumbai, Maharashtra, India – 400006.
As per the financials filed for FY 2018, the company reported a revenue of ₹4.07 Lakh, a decline of 46% compared to the previous year. For the same year it recorded a net loss of ₹5.03 Lakh (net margin -123.6%) and EBITDA of -₹4.49 Lakh (EBITDA margin -110.3%). Revenue has declined at a compounded annual rate (CAGR) of 61% over three years.
Company details
Contact details
Altitude Synergy Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address5C Ill Palazzo Little Gibbs Road Malabar Hill, Mumbai, Maharashtra, India – 400006
- IndustryTrading, Other Wholesale, Wholesale
To see the full contact details of Altitude Synergy 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 Altitude Synergy is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Altitude Synergy Private Limited, buy the company report.
Financials of Altitude Synergy Private Limited
FY 2018 filings availableAltitude Synergy Private Limited reported revenue of ₹4.07 Lakh (down 46% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 61% over three years, including a 46% fall 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 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 | -₹4.49 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹5.03 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -110.3% | |||
| Net Profit Margin | -123.6% | |||
| 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 Altitude Synergy Private Limited, buy the company report.
Board of directors of Altitude Synergy Private Limited
Altitude Synergy has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| John Fitzgibbon Gloster | Director | 13 Mar 2009 | 17 Years 7 Months | As last reported |
| Neville Arsheesh Wadia Also directs: Serratus Health Private Limited | Director | 15 Dec 2011 | 14 Years 10 Months | As last reported |
| Petita Ashok Jhaveri | Additional Director | 28 Jun 2011 | 15 Years 4 Months | As last reported |
Peer comparison
Altitude Synergy Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kinesics Sports Private Limited | ₹4.08 Lakh (FY 2019) | -97.0% | Mumbai, Maharashtra, India | |||
| Snowball Nirman Private Limited | ₹4.08 Lakh (FY 2016) | 4682.0% | Kolkata, West Bengal, India | |||
| Bhini Engineering Private Limited | ₹4.08 Lakh (FY 2023) | -2.0% | Begusarai, Bihar, India | |||
| Imithila Handicrafts and Handloom Private Limited | ₹4.08 Lakh (FY 2025) | -1.0% | Laheriasarai, Bihar, India | |||
| Pious Farms Private Limited | ₹4.08 Lakh (FY 2024) | -45.0% | Delhi, India | |||
| Altitude Synergy Private Limitedthis company | ₹4.07 Lakh (FY 2018) | -₹5.03 Lakh | -123.6% | -46.0% | Mumbai, Maharashtra, India | |
| Medipath Healthcare Services Private Limited | ₹4.07 Lakh (FY 2020) | Patna, Bihar, India | ||||
| Archisa Dealmark Private Limited | ₹4.07 Lakh (FY 2016) | 4722.0% | Kolkata, West Bengal, India | |||
| Alternative Aggregate Solutions and Life Innovations Private Limited | ₹4.07 Lakh (FY 2025) | 39.0% | Bangalore, Karnataka, India | |||
| Daiwik Vanijya Private Limited | ₹4.07 Lakh (FY 2016) | 3839.0% | Kolkata, West Bengal, India | |||
| Braavo Heavy Electrical Private Limited | ₹4.07 Lakh (FY 2019) | Lucknow, Uttar Pradesh, India |
To see the full peer comparison of Altitude Synergy Private Limited, buy the company report.
Auditor
Altitude Synergy Private Limited is audited by DALAL DOCTOR & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DALAL DOCTOR & ASSOCIATES | FY 2017 | 120833W |
Shareholding
The shareholding of Altitude Synergy 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 Altitude Synergy Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Altitude Synergy 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 Altitude Synergy Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Altitude Synergy 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 Altitude Synergy Private Limited, buy the company report.
Recent activity
Altitude Synergy Private Limited has 6 board changes on record since 2009: 3 appointments and 3 cessations. The latest: Neville Arsheesh Wadia ceased to be Additional Director on 29 Sep 2012.
Frequently asked questions
Altitude Synergy 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.
Altitude Synergy was a private limited company based in Mumbai, Maharashtra, India. The company worked in other wholesale, within the trading industry. It was incorporated on 13 March 2009 and is registered under CIN U85100MH2009PTC190900. The company has been struck off by the Registrar of Companies and is no longer operational.
Altitude Synergy had 3 directors:
- John Fitzgibbon Gloster - Director
- Neville Arsheesh Wadia - Director
- Petita Ashok Jhaveri - Additional Director
The CIN (Corporate Identification Number) of Altitude Synergy is U85100MH2009PTC190900. 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 Altitude Synergy is at 5C Ill Palazzo Little Gibbs Road Malabar Hill, Mumbai, Maharashtra, India – 400006.
Altitude Synergy was incorporated on 13 March 2009. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Altitude Synergy on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
No. Altitude Synergy has 1 GST registration on record and it is cancelled or inactive.
Altitude Synergy operated in the trading industry, in the other wholesale segment. It worked in this industry before it was struck off.
The peers of Altitude Synergy by revenue are Kinesics Sports Private Limited, Snowball Nirman Private Limited, Bhini Engineering Private Limited, Imithila Handicrafts and Handloom Private Limited, Pious Farms Private Limited and 5 more, all in the same principal business activity (retail trading).
Neville Arsheesh Wadia ceased to be Additional Director on 29 Sep 2012. Rahul Vijay Raichand ceased to be Director on 07 Jun 2012. Neville Arsheesh Wadia was appointed as Director on 15 Dec 2011. Altitude Synergy has 6 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.
