About Sark Shipping Services Private Limited
Data last updated:
Sark Shipping Services 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 cargo services segment of the transport and logistics sector. It was incorporated on 19 October 2015.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U61200TN2015PTC102614. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Singaram Arumugam and Annamalai.
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 Plot No.3 2nd Main Road Sree Ram Nagar North Mudichur Road Tambaram West, Chennai, Tamil Nadu, India – 600045.
As per the financials filed for FY 2017, the company reported a revenue of ₹1.47 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹1.37 Lakh (net margin -0.9%) and EBITDA of ₹2.24 Lakh (EBITDA margin 1.5%).
The company had about 2 employees on its provident fund (EPFO) records before it was struck off.
Court records list 13 cases involving the company, including 2 filed by the company and 11 filed against it.
The last known website on record is sarkshipping.in.
Company details
Contact details
Sark Shipping Services Private Limited's registered office is in Chennai, Tamil Nadu. Its website is sarkshipping.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressPlot No.3 2nd Main Road Sree Ram Nagar North Mudichur Road Tambaram West, Chennai, Tamil Nadu, India – 600045
- IndustryTransport and Logistics, Cargo Services
To see the full contact details of Sark Shipping Services 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 Sark Shipping Services is transport and storage. In detail, this covers services incidental to land, water & air transportation.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H5 | Services incidental to land, water & air transportation |
To see the full business activity and turnover split of Sark Shipping Services Private Limited, buy the company report.
Financials of Sark Shipping Services Private Limited
FY 2017 filings availableSark Shipping Services Private Limited reported revenue of ₹1.47 Cr (up 389% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 389% in the latest year. EBITDA rose 156% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹1.47 Cr | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹2.24 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹1.37 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 2016-17 | FY 2015-16 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 1.5% | |
| Net Profit Margin | -0.9% | |
| 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 Sark Shipping Services Private Limited, buy the company report.
Board of directors of Sark Shipping Services Private Limited
Sark Shipping Services has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Singaram Arumugam | Director | 19 Oct 2015 | 11 Years 0 Months | As last reported |
| Annamalai Also directs: Annamalai Overseas Private Limited | Director | 19 Oct 2015 | 11 Years 0 Months | As last reported |
Auditor
Sark Shipping Services Private Limited is audited by L D R & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| L D R & ASSOCIATES | FY 2017 | 013490S |
Shareholding
The shareholding of Sark Shipping Services 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 Sark Shipping Services Private Limited, buy the company report.
Legal cases
Sark Shipping Services Private Limited has 13 court cases on record: 2 filed by Sark Shipping Services, 11 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 11 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kancheepuram, Tamil Nadu | Criminal miscellaneous application | Filed against the company by CFM Asset Reconstruction Private Limited | Disposed |
| District court, Chennai, Tamil Nadu | Court case (COS) | Filed against the company by C.H.Robinson Worldwide Freight India Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by M/S Miq Logistics India Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by M/S Miq Logistics India Pvt Ltd | Disposed |
| District court, Chennai, Tamil Nadu | Civil suit | Filed against the company by C.H.Robinson Worldwide Freight India Pvt Ltd | Disposed |
To see the full case history of Sark Shipping Services 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 Sark Shipping Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sark Shipping Services has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Sark Shipping Services Private Limited, buy the company report.
Recent activity
Sark Shipping Services Private Limited has 2 board changes on record since 2015: 2 appointments. The latest: Annamalai was appointed as Director on 19 Oct 2015.
Frequently asked questions
Sark Shipping Services 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.
Sark Shipping Services was a private limited company based in Chennai, Tamil Nadu, India. The company worked in cargo services, within the transport and logistics industry. It was incorporated on 19 October 2015 and is registered under CIN U61200TN2015PTC102614. The company has been struck off by the Registrar of Companies and is no longer operational.
Sark Shipping Services had 2 directors:
- Singaram Arumugam - Director
- Annamalai - Director
The CIN (Corporate Identification Number) of Sark Shipping Services is U61200TN2015PTC102614. 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 Sark Shipping Services is at Plot No.3 2nd Main Road Sree Ram Nagar North Mudichur Road Tambaram West, Chennai, Tamil Nadu, India – 600045.
Sark Shipping Services was incorporated on 19 October 2015. It is registered with the Registrar of Companies, Chennai.
Sark Shipping Services can be reached through the website sarkshipping.in. Its registered office is in Chennai, Tamil Nadu, India.
The latest financial statements of Sark Shipping Services 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 FY 2016 are in the company report.
No. Sark Shipping Services has 2 GST registrations on record and all of them are cancelled or inactive.
Sark Shipping Services operated in the transport and logistics industry, in the cargo services segment. It worked in this industry before it was struck off.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
