Classic Accounting Solutions Private Limited
About Classic Accounting Solutions Private Limited
Data last updated:
Classic Accounting Solutions 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 accounting and financial advisory segment of the professional services sector. It was incorporated on 18 March 2008.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U72300MH2008PTC180242. The company has 1 GST registration on record, which is no longer active.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 Megha Sitaram Utekar and Prakash Narayan Surywanshi.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2016, the company reported a revenue of ₹14,628, a decline of 97% compared to the previous year. For the same year it recorded a net loss of ₹5,372 (net margin -36.7%) and EBITDA of -₹5,372 (EBITDA margin -36.7%).
Company details
Contact details
Classic Accounting Solutions Private Limited's registered office is in Mumbai, Maharashtra.
- Registered AddressM/S. Orbit Navnit Developers 307 Sbi Employees Neelkamal Chs Cts – 640A Veera Desai Road, Andheri W, Mumbai, Maharashtra, India – 400058
- IndustryProfessional Services, Accounting, Book Keeping, Taxation
- 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 Classic Accounting Solutions is professional, scientific and technical. In detail, this covers accounting, book keeping and auditing activities, tax consultancy.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M2 | Accounting, book keeping and auditing activities, tax consultancy |
To see the full business activity and turnover split of Classic Accounting Solutions Private Limited, buy the company report.
Financials of Classic Accounting Solutions Private Limited
FY 2016 filings availableClassic Accounting Solutions Private Limited reported revenue of ₹14,628 (down 97% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 97% in the latest year. EBITDA rose 100% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
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| EBITDA | -₹5,372 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹5,372 | |
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Financial Ratios
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -36.7% | |
| Net Profit Margin | -36.7% | |
| Return on Equity (ROE) | ||
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To see the full financial statements and ratios of Classic Accounting Solutions Private Limited, buy the company report.
Board of directors of Classic Accounting Solutions Private Limited
Classic Accounting Solutions has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Megha Sitaram Utekar | Director | 08 Sep 2009 | 17 Years 1 Months | As last reported |
| Prakash Narayan Surywanshi Also directs: Global Accounting Solutions Private Limited | Director | 25 Aug 2009 | 17 Years 2 Months | As last reported |
Peer comparison
Classic Accounting Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (accounting, book keeping and auditing activities, tax consultancy), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sustain Infrastructure Private Limited | ₹15,000 (FY 2017) | Kolkata, West Bengal, India | ||||
| Orchid Infra Nirman Private Limited | ₹15,000 (FY 2017) | 36.0% | Kolkata, West Bengal, India | |||
| Merit Infra Realtors Private Limited | ₹15,000 (FY 2017) | 30.0% | Kolkata, West Bengal, India | |||
| Hopewell Properties Private Limited | ₹15,000 (FY 2017) | 11.0% | Kolkata, West Bengal, India | |||
| Mangalrashi Vanijya Private Limited | ₹15,000 (FY 2018) | Kolkata, West Bengal, India | ||||
| Classic Accounting Solutions Private Limitedthis company | ₹14,628 (FY 2016) | -₹5,372 | -36.7% | -97.0% | Mumbai, Maharashtra, India | |
| Apex Project Services Private Limited | ₹14,535 (FY 2024) | 47.0% | New Delhi, Delhi, India | |||
| Legis Juris Consultants Private Limited | ₹14,500 (FY 2021) | Haridwar, Uttarakhand, India | ||||
| Vijaypath Builders Private Limited | ₹14,500 (FY 2017) | Kolkata, West Bengal, India | ||||
| P-Jain Taxcon Private Limited | ₹14,500 (FY 2024) | Ghaziabad, Uttar Pradesh, India | ||||
| Deserve Promoters Private Limited | ₹14,500 (FY 2017) | Kolkata, West Bengal, India |
To see the full peer comparison of Classic Accounting Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Classic Accounting Solutions 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 Classic Accounting Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Classic Accounting Solutions 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 Classic Accounting Solutions Private Limited, buy the company report.
Recent activity
Classic Accounting Solutions Private Limited has 4 board changes on record since 2009: 2 appointments and 2 cessations. The latest: Megha Sitaram Utekar was appointed as Director on 08 Sep 2009.
Frequently asked questions
Classic Accounting Solutions 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.
Classic Accounting Solutions was a private limited company based in Mumbai, Maharashtra, India. The company worked in accounting, within the professional services industry. It was incorporated on 18 March 2008 and is registered under CIN U72300MH2008PTC180242. The company has been struck off by the Registrar of Companies and is no longer operational.
Classic Accounting Solutions had 2 directors:
- Megha Sitaram Utekar - Director
- Prakash Narayan Surywanshi - Director
The CIN (Corporate Identification Number) of Classic Accounting Solutions is U72300MH2008PTC180242. 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 Classic Accounting Solutions is at MS. Orbit Navnit Developers 307 Sbi Employees Neelkamal Chs Cts – 640A Veera Desai Road, Andheri W, Mumbai, Maharashtra, India – 400058.
Classic Accounting Solutions was incorporated on 18 March 2008. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Classic Accounting Solutions on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. Classic Accounting Solutions has 1 GST registration on record and it is cancelled or inactive.
Classic Accounting Solutions operated in the professional services industry, in the accounting segment. It worked in this industry before it was struck off.
The peers of Classic Accounting Solutions by revenue are Sustain Infrastructure Private Limited, Orchid Infra Nirman Private Limited, Merit Infra Realtors Private Limited, Hopewell Properties Private Limited, Mangalrashi Vanijya Private Limited and 5 more, all in the same principal business activity (accounting, book keeping and auditing activities, tax consultancy).
Megha Sitaram Utekar was appointed as Director on 08 Sep 2009. Sanjay Anupchand Babaria ceased to be Director on 08 Sep 2009. Prakash Narayan Surywanshi was appointed as Director on 25 Aug 2009. Classic Accounting Solutions has 4 board changes on record in total.