About Gowork Solutions Limited
Data last updated:
Gowork Solutions Limited was a public 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 IT consulting and support services segment of the technology and IT services sector. It was incorporated on 22 December 2005.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2005PLC058399. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹6 Cr and a paid-up capital of ₹3.45 Cr. It was formerly known as Pplus Technologies Limited and Inine Technologies Limited. It was led by directors including Rajesh Krishnamurthi (Managing Director) and Venkatesh Udayavar.
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office was at Shakti Towers (Tower – 1) Old No.766 New No.178 Mount Road, Chennai, Tamil Nadu, India – 600002.
As per the financials filed for FY 2015, the company reported a revenue of ₹2.19 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹1.12 Cr (net margin -51.2%) and EBITDA of -₹18.81 Lakh (EBITDA margin -8.6%).
As per MCA filings, the company had satisfied charges of ₹1.4 Cr on record.
The last known website on record is goworksolutions.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressShakti Towers (Tower – 1) Old No.766 New No.178 Mount Road, Chennai, Tamil Nadu, India – 600002
- IndustryInformation Technology, IT Consulting & Support Services
- 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
- One PDF report, delivered after checkout
Business Activity of Gowork Solutions Limited
The main business activity of Gowork Solutions is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Gowork Solutions Limited FY 2015 filings available
Gowork Solutions Limited reported revenue of ₹2.19 Cr (up 435% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR) of Gowork Solutions Limited
Revenue rose 435% in the latest year. EBITDA fell 153% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Gowork Solutions Limited
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | ₹2.19 Cr |
| Other Income | •••• |
| Total Revenue | •••• |
| Cost of Materials Consumed | •••• |
| Employee Benefit Expense | •••• |
| Finance Costs | •••• |
| Depreciation and Amortisation | •••• |
| Other Expenses | •••• |
| Total Expenses | •••• |
| EBITDA | -₹18.81 Lakh |
| Profit Before Tax | •••• |
| Tax Expense | •••• |
| Net Profit (PAT) | -₹1.12 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 of Gowork Solutions Limited
| Metrics | FY 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | -8.6% |
| Net Profit Margin | -51.2% |
| 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 | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Gowork Solutions are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Gowork Solutions Limited
Gowork Solutions Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Consulting and Services). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| A R K Techno Private Limited. | •••• | •••• | •••• | •••• | - | Amritsar, Punjab, India |
| Diginetic Technologies Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Sal Technologies & Solutions Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Sandeep IT Services Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Tailwebs Technology Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Gowork Solutions Limited this company | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Ascot Digital Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Kite Infocom Vision Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Bim Global Solutions Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Techmobia Digital Solutions Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Techrover Technologies Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Gowork Solutions by revenue in the Information Technology industry (IT Consulting and Services), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Gowork Solutions Limited
Gowork Solutions Limited is audited by A. S. A. & Associates LLP for the financial year 2015.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A. S. A. & Associates LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Gowork Solutions Limited
Gowork Solutions has 7 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Krishnamurthi Also directs: Avar Business Consulting Private Limited | Managing Director | 01 Nov 2014 | 11 Years 11 Months | As last reported |
| Venkatesh Udayavar | Director | 11 Dec 2015 | 10 Years 9 Months | As last reported |
| Prema Ramanathan | Director | 28 Sep 2012 | 14 Years 0 Months | As last reported |
| Priya Suresh | Director | 22 Dec 2005 | 20 Years 9 Months | As last reported |
| Mohan Rathnasabapathy | Additional Director | 03 Feb 2016 | 10 Years 8 Months | As last reported |
| Prabhuram Ramanathan | Director | 22 Dec 2005 | 20 Years 9 Months | As last reported |
Ownership and Shareholding of Gowork Solutions Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Gowork Solutions Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Aug 2011 | Hdfc Bank Limited | ₹75 Lakh | Satisfied |
| 29 Mar 2010 | Corporation Bank | ₹65 Lakh | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Gowork Solutions Limited
Employment history and EPFO contributions of people linked to Gowork Solutions.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Gowork Solutions Limited
Gowork Solutions has 2 associated companies. This group structure data is as of FY 2015. The table lists each entity with its relationship and holding.
Name History of Gowork Solutions Limited
Gowork Solutions has undergone 2 name changes throughout its history. The company was previously known as Pplus Technologies Limited, and Inine Technologies Limited. The current legal name is Gowork Solutions Limited.
| Company Name | Status |
|---|---|
| Gowork Solutions Limited | Current |
| Pplus Technologies Limited | Previous |
| Inine Technologies Limited | Previous |
CIN History of Gowork Solutions Limited
Gowork Solutions has one previous CIN (Corporate Identification Number): U72900TN2005PTC058399. The current CIN is U72900TN2005PLC058399, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900TN2005PLC058399 | Current |
| U72900TN2005PTC058399 | Previous |
Recent Activity on Gowork Solutions Limited
Gowork Solutions Limited has 13 board changes on record since 2005: 7 appointments and 6 cessations. The latest: Mohan Rathnasabapathy was appointed as Additional Director on 03 Feb 2016.
8 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Gowork Solutions Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Gowork Solutions Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Gowork Solutions Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Gowork Solutions Limited
Gowork Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Gowork Solutions Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Gowork Solutions Limited
Gowork 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.
Gowork Solutions was a public limited company based in Chennai, Tamil Nadu, India. The company worked in IT consulting and support services, within the information technology industry. It was incorporated on 22 December 2005 and is registered under CIN U72900TN2005PLC058399. The company has been struck off by the Registrar of Companies and is no longer operational.
Gowork Solutions had 7 directors:
- Rajesh Krishnamurthi - Managing Director
- Venkatesh Udayavar - Director
- Prema Ramanathan - Director
- Priya Suresh - Director
- Mohan Rathnasabapathy - Additional Director
- Prabhuram Ramanathan - Director
- Nimal Nayana Lokuge Don - Director
The CIN (Corporate Identification Number) of Gowork Solutions is U72900TN2005PLC058399. 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 Gowork Solutions is at Shakti Towers Tower – 1 Old No.766 New No.178 Mount Road, Chennai, Tamil Nadu, India – 600002.
Gowork Solutions was incorporated on 22 December 2005. It is registered with the Registrar of Companies, Chennai.
Gowork Solutions can be reached through the website goworksolutions.com. Its registered office is in Chennai, Tamil Nadu, India.
Gowork Solutions reported revenue of ₹2.19 Cr for FY 2015 (up 435% YoY).
Gowork Solutions has an authorised share capital of ₹6 Cr and a paid-up capital of ₹3.45 Cr.
Gowork Solutions reported a net loss of ₹1.12 Cr (net margin -51.2%) and EBITDA of -₹18.81 Lakh (EBITDA margin -8.6%) for FY 2015, as per its filed financial statements.
No. Gowork Solutions has 1 GST registration on record and it is cancelled or inactive.