Journey Systems Private Limited
About Journey Systems Private Limited
Data last updated:
Journey Systems Private Limited was a private limited company based in Chandigarh, India, operated as a subsidiary of Journey System Inc. 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 19 August 2013.
The company was registered with the Registrar of Companies (ROC), Chandigarh, under CIN U74120CH2013PTC034670. Its GSTIN is 04AAACZ6931G1ZD (Chandigarh).
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Zonich Technologies Private Limited. It was led by directors including Arshdeep Singh and Mohammad Imtiyaz Ali.
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 # 651 Top Floor Sector – 8B, Chandigarh, India – 160009.
As per the financials filed for FY 2018, the company reported a revenue of ₹3.15 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹30.81 Lakh (net margin 9.8%) and EBITDA of ₹44.84 Lakh (EBITDA margin 14.2%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years.
The company had about 16 employees on its provident fund (EPFO) records before it was struck off.
Company details
CIN history
Journey Systems has one previous CIN (Corporate Identification Number): U72900CH2013PTC034670. The current CIN is U74120CH2013PTC034670, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74120CH2013PTC034670 | Current |
| U72900CH2013PTC034670 | Previous |
Contact details
Journey Systems Private Limited's registered office is in Chandigarh, Chandigarh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address# 651 Top Floor Sector – 8B, Chandigarh, India – 160009
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Journey Systems 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 Journey Systems is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Journey Systems Private Limited, buy the company report.
Financials of Journey Systems Private Limited
FY 2018 filings availableJourney Systems Private Limited reported revenue of ₹3.15 Cr (up 18% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 29% over three years, including 18% growth in the latest year. EBITDA rose 13% 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 | ₹44.84 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹30.81 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 | 14.2% | |||
| Net Profit Margin | 9.8% | |||
| 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 Journey Systems Private Limited, buy the company report.
Board of directors of Journey Systems Private Limited
Journey Systems has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arshdeep Singh | Director | 19 Aug 2013 | 13 Years 2 Months | As last reported |
| Mohammad Imtiyaz Ali Also directs: Tesrakt Cloud Technologies Private Limited | Director | 19 Aug 2013 | 13 Years 2 Months | As last reported |
| Pritpaul Singh Kang | Director | 19 Aug 2013 | 13 Years 2 Months | As last reported |
Peer comparison
Journey Systems Private Limited is compared with the 5 companies closest to it by revenue in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hard Shell Technologies Private Limited | ₹3.16 Cr (FY 2023) | 17.0% | Lucknow, Uttar Pradesh, India | |||
| Journey Systems Private Limitedthis company | ₹3.15 Cr (FY 2018) | ₹30.81 Lakh | 9.8% | 18.0% | 16 | Chandigarh, India |
| Sprinriver Technology Private Limited | ₹3.15 Cr (FY 2025) | 93.0% | Kolkata, West Bengal, India | |||
| Millennium Ebs Private Limited | ₹3.15 Cr (FY 2024) | 18.0% | Ernakulam, Kerala, India | |||
| Elastic Data Centers (OPC) Private Limited | ₹3.15 Cr (FY 2024) | -7.0% | Jaipur, Rajasthan, India | |||
| Tuxcentrix Consultancy Private Limited | ₹3.15 Cr (FY 2025) | -21.0% | Kakkanad, Kerala, India |
To see the full peer comparison of Journey Systems Private Limited, buy the company report.
Auditor
Journey Systems Private Limited is audited by KAMAL BATRA & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KAMAL BATRA & ASSOCIATES | FY 2017 | 020038N |
Shareholding
The shareholding of Journey Systems 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 Journey Systems Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Journey Systems 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 Journey Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Journey Systems Private Limited has a workforce of 16 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Journey Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 04AAACZ6931G1ZD | Chandigarh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Journey Systems Private Limited, buy the company report.
Recent activity
Journey Systems Private Limited has 3 board changes on record since 2013: 3 appointments. The latest: Arshdeep Singh was appointed as Director on 19 Aug 2013.
Frequently asked questions
Journey Systems 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.
Journey Systems was a private limited company based in Chandigarh, India. The company worked in IT consulting and support services, within the information technology industry. It was incorporated on 19 August 2013 and is registered under CIN U74120CH2013PTC034670. The company has been struck off by the Registrar of Companies and is no longer operational.
Journey Systems had 3 directors:
- Arshdeep Singh - Director
- Mohammad Imtiyaz Ali - Director
- Pritpaul Singh Kang - Director
The CIN (Corporate Identification Number) of Journey Systems is U74120CH2013PTC034670. 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 Journey Systems is at # 651 Top Floor Sector – 8B, Chandigarh, India – 160009.
Journey Systems was incorporated on 19 August 2013. It is registered with the Registrar of Companies, Chandigarh.
The latest financial statements of Journey Systems 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.
The GSTIN of Journey Systems is 04AAACZ6931G1ZD, registered in Chandigarh.
Journey Systems operated in the information technology industry, in the IT consulting and support services segment. It worked in this industry before it was struck off.
The peers of Journey Systems by revenue are Hard Shell Technologies Private Limited, Sprinriver Technology Private Limited, Millennium Ebs Private Limited, Elastic Data Centers (OPC) Private Limited, Tuxcentrix Consultancy Private Limited, all in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities).
Arshdeep Singh was appointed as Director on 19 Aug 2013. Mohammad Imtiyaz Ali was appointed as Director on 19 Aug 2013. Pritpaul Singh Kang was appointed as Director on 19 Aug 2013.