Commits Education Private Limited
About Commits Education Private Limited
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Commits Education Private Limited was a private limited company based in Bangalore, Karnataka, 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 contract farming segment of the agriculture sector. It was incorporated on 05 February 1996.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U00112KA1996PTC019763.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It was led by directors Collin Richard Timms (Managing Director) and Olinda Timms.
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 Kscmf Building Ground Floor Cunningham Road Bangalore, Karnataka, India – 560052.
As per the financials filed for FY 2016, the company reported a revenue of ₹28,700. For the same year it recorded a net loss of ₹3,215 (net margin -11.2%) and EBITDA of -₹31,709 (EBITDA margin -110.5%).
Court records list 3 cases involving the company, including 3 filed against it.
Company details
Contact details
Commits Education Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressKscmf Building Ground Floor Cunningham Road Bangalore, Karnataka, India – 560052
- IndustryAgriculture, Contract Farming, Crop Production & Distribution
To see the full contact details of Commits Education 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
Financials of Commits Education Private Limited
FY 2018 filings availableCommits Education Private Limited reported revenue of ₹28,700 for FY 2016.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹28,700 | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹31,709 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹3,215 | |
| 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -110.5% | |
| Net Profit Margin | -11.2% | |
| 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 Commits Education Private Limited, buy the company report.
Board of directors of Commits Education Private Limited
Commits Education 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 |
|---|---|---|---|---|
| Olinda Timms Also directs: Spot City Transit Services Private Limited | Director | 25 Sep 2001 | 25 Years 1 Months | As last reported |
| Collin Richard Timms | Managing Director | 05 Feb 1996 | 30 Years 8 Months | As last reported |
Auditor
Commits Education Private Limited is audited by K. Venkatachalam Aiyer & Co. for the financial year 2014.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K. Venkatachalam Aiyer & Co. | FY 2014 |
Shareholding
The shareholding of Commits Education Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Commits Education Private Limited, buy the company report.
Legal cases
Commits Education Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
| High Court of Karnataka | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Commits Education 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Commits Education Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Commits Education Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Commits Education Private Limited has 3 board changes on record since 1996: 2 appointments and 1 cessation. The latest: Francis Inthru Alphonso ceased to be Director on 25 Jan 2018.
Frequently asked questions
Commits Education 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.
Commits Education was a private limited company based in Bangalore, Karnataka, India. The company worked in contract farming, within the agriculture industry. It was incorporated on 05 February 1996 and is registered under CIN U00112KA1996PTC019763. The company has been struck off by the Registrar of Companies and is no longer operational.
Commits Education had 2 directors:
- Collin Richard Timms - Managing Director
- Olinda Timms - Director
The CIN (Corporate Identification Number) of Commits Education is U00112KA1996PTC019763. 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 Commits Education is at Kscmf Building Ground Floor Cunningham Road Bangalore, Karnataka, India – 560052.
Commits Education was incorporated on 05 February 1996. It is registered with the Registrar of Companies, Bangalore.
The latest financial statements of Commits Education 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.
Commits Education operated in the agriculture industry, in the contract farming segment. It worked in this industry before it was struck off.
Commits Education has 3 court cases on record: 3 filed against it. Most are in the high courts.
Francis Inthru Alphonso ceased to be Director on 25 Jan 2018. Olinda Timms was appointed as Director on 25 Sep 2001. Collin Richard Timms was appointed as Managing Director on 05 Feb 1996.