Midwest Systems Private Limited

Midwest Systems Private Limited - trading in Chennai, Tamil Nadu, India. Directors, charges & compliance details.
CIN U24294TN1993PTC025030 Incorporated 10 May 1993 ROC Chennai HQ Chennai, Tamil Nadu, India
Struck Off Private Limited Company trading
Data last updated
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹1.03 Lakh
Issued & subscribed
Satisfied charges
₹7 Lakh
No open charges
Company age
33 yrs
Est. 1993
Directors on board
2
As per MCA filings
Last financials
Mar 2017
Balance sheet date
Last AGM
30 Sep 2017
Annual general meeting
Company status
Struck Off
MCA master data

About Midwest Systems Private Limited

Data last updated:

Midwest Systems Private Limited was a private 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 retail trade segment of the trading and commerce sector. It was incorporated on 10 May 1993.

The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U24294TN1993PTC025030.

The company had an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1.03 Lakh. It was led by directors Badri Narayana Prasad Gondi Kesava (Managing Director) and Bhargavi Devi Gondi.

Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at No48 Mugapair Industrial Estate West Jj Nagar Chennai58, Tamil Nadu, India – 600058.

As per MCA filings, the company had satisfied charges of ₹7 Lakh on record.

Company details

CIN U24294TN1993PTC025030
Registration Number 025030
Incorporation Date 10 May 1993
ROC Chennai
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 30 September 2017
Date of Balance Sheet 31 March 2017

Contact details

Midwest Systems Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    No48 Mugapair Industrial Estate West Jj Nagar Chennai58, Tamil Nadu, India – 600058
  • Industry
    Trading, Retailers, Retail Trading, Wholesale, Other Wholesale

To see the full contact details of Midwest Systems Private Limited, buy the company report.

Comprehensive company report
Midwest Systems Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Midwest Systems is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Midwest Systems Private Limited, buy the company report.

Financials of Midwest Systems Private Limited

FY 2017 filings available

Financial Statement Summary

MetricsFY 2016-17FY 2015-16FY 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
Profit Before Tax
Tax Expense
Net Profit (PAT)
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

MetricsFY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin
Net Profit Margin
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 Midwest Systems Private Limited, buy the company report.

Board of directors of Midwest Systems Private Limited

Midwest Systems has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Badri Narayana Prasad Gondi KesavaManaging Director10 May 199333 Years 5 MonthsAs last reported
Bhargavi Devi GondiDirector30 Sep 200026 Years 0 MonthsAs last reported

Auditor

Midwest Systems Private Limited is audited by P.MURALI for the financial year 2017.

Auditor firmFinancial yearFirm registration number
P.MURALIFY 2017023199

Shareholding

The shareholding of Midwest 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 categoryFY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Midwest Systems Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹7 Lakh
Breakdown by lending institutions
Central Bank of India₹0.07 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
18 Nov 199790282965Central Bank of India₹7 LakhSatisfied

To see the full charge records of Midwest Systems Private Limited, buy the company report.

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Midwest Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Midwest Systems Private Limited has 1 active EPFO establishment as of Apr 09, 2024.

Active EPFO establishments
1

GST

No GST registration is on our record for Midwest Systems Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Midwest Systems Private Limited has 3 board changes on record since 1993: 2 appointments and 1 cessation. The latest: Karlapati Siva Rao ceased to be Whole-Time Director on 12 Sep 2017.

Charges
A charge registered on 18 Nov 1997 via Charge ID 90282965 with Central Bank Of India was fully satisfied on 03 Nov 2017.
AGM
Midwest Systems Private Limited last Annual general meeting of members was held on 30 Sep 2017 as per latest MCA records.
Ceased
Karlapati Siva Rao ceased to be Whole-Time Director.
Filing
Midwest Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Chennai.
Appointed
Bhargavi Devi Gondi was appointed as Director.
Charges
A charge with Central Bank Of India of Rs. 7.00 Lakh registered on 18 Nov 1997 with Charge ID 90282965 was modified on 08 Jan 1998.
Charges
A charge with Central Bank Of India amounted to Rs. 7.00 Lakh with Charge ID 90282965 was registered on 18 Nov 1997.
Appointed
Badri Narayana Prasad Gondi Kesava was appointed as Managing Director.
Incorporation
10 May 1993
Midwest Systems Private Limited was registered on 10 May 1993 with Roc Chennai & aged 33 years 5 months as per MCA records.

Frequently asked questions

Midwest 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.

Midwest Systems was a private limited company based in Chennai, Tamil Nadu, India. The company worked in retailers, within the trading industry. It was incorporated on 10 May 1993 and is registered under CIN U24294TN1993PTC025030. The company has been struck off by the Registrar of Companies and is no longer operational.

Midwest Systems had 2 directors:

The CIN (Corporate Identification Number) of Midwest Systems is U24294TN1993PTC025030. 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 Midwest Systems is at No48 Mugapair Industrial Estate West Jj Nagar Chennai58, Tamil Nadu, India – 600058.

Midwest Systems was incorporated on 10 May 1993. It is registered with the Registrar of Companies, Chennai.

The latest financial statements of Midwest Systems on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.

Midwest Systems operated in the trading industry, in the retailers segment. It worked in this industry before it was struck off.

Karlapati Siva Rao ceased to be Whole-Time Director on 12 Sep 2017. Bhargavi Devi Gondi was appointed as Director on 30 Sep 2000. Badri Narayana Prasad Gondi Kesava was appointed as Managing Director on 10 May 1993.

Midwest Systems has no open charges and satisfied charges of ₹7 Lakh as per latest MCA filings.