Speed Track HR Solutions Private Limited

Speed Track HR Solutions Private Limited - professional services in Chennai, Tamil Nadu, India. Directors, charges & compliance details.
CIN U74900TN2014PTC096961 Incorporated 18 August 2014 ROC Chennai HQ Chennai, Tamil Nadu, India
Struck Off Private Limited Company professional services
Data last updated
Revenue · FY 2018
₹6.26 Lakh
▼ 39% YoY
Net profit · FY 2018
₹13,457
Net margin 2.1%
EBITDA · FY 2018
₹19,185
EBITDA margin 3.1%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
12 yrs
Est. 2014
Directors on board
2
As per MCA filings
Last financials
Mar 2018
Balance sheet date

About Speed Track HR Solutions Private Limited

Data last updated:

Speed Track HR Solutions 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 human resources segment of the professional services sector. It was incorporated on 18 August 2014.

The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U74900TN2014PTC096961.

The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Varadharajan Malarvizhi and Palaniappan Senthil Kumar.

Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Door No.24 Swaminathan Nagar 3rd Main Road Kottivakkam, Chennai, Tamil Nadu, India – 600041.

As per the financials filed for FY 2018, the company reported a revenue of ₹6.26 Lakh, a decline of 39% compared to the previous year. For the same year it recorded a net profit of ₹13,457 (net margin 2.1%) and EBITDA of ₹19,185 (EBITDA margin 3.1%).

Company details

CIN U74900TN2014PTC096961
Registration Number 096961
Incorporation Date 18 August 2014
ROC Chennai
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 30 September 2018
Date of Balance Sheet 31 March 2018
Compliance Status Active Compliant

Contact details

Speed Track HR Solutions 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
    Door No.24 Swaminathan Nagar 3rd Main Road Kottivakkam, Chennai, Tamil Nadu, India – 600041
  • Industry
    Professional Services, Human Resources, Placement Services

To see the full contact details of Speed Track HR Solutions Private Limited, buy the company report.

Comprehensive company report
Speed Track HR Solutions 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 Speed Track HR Solutions is support service to organizations. In detail, this covers placement agencies and hr management services.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
NSupport service to OrganizationsN2Placement agencies and HR management services

To see the full business activity and turnover split of Speed Track HR Solutions Private Limited, buy the company report.

Financials of Speed Track HR Solutions Private Limited

FY 2018 filings available

Speed Track HR Solutions Private Limited reported revenue of ₹6.26 Lakh (down 39% YoY) for FY 2018.

Revenue · FY 2018
₹6.26 Lakh ▼ 39%
Net profit · FY 2018
₹13,457 margin 2.1%
EBITDA · FY 2018
₹19,185 margin 3.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 39%
EBITDA CAGR growth
1 year
▼ 66%
3 years · compounded
▲ 28%

Revenue fell 39% in the latest year. EBITDA fell 66% 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

MetricsFY 2017-18FY 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₹19,185
Profit Before Tax
Tax Expense
Net Profit (PAT)₹13,457
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 2017-18FY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin3.1%
Net Profit Margin2.1%
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 Speed Track HR Solutions Private Limited, buy the company report.

Board of directors of Speed Track HR Solutions Private Limited

Speed Track HR Solutions 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
Varadharajan MalarvizhiDirector18 Aug 201412 Years 2 MonthsAs last reported
Palaniappan Senthil KumarDirector03 Dec 20187 Years 10 MonthsAs last reported

Peer comparison

Speed Track HR Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (placement agencies and hr management services), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Tb12 Technology Services Private Limited₹6.33 Lakh (FY 2024)-8.0%Chennai, Tamil Nadu, India
Stark Recruitment Services Private Limited₹6.32 Lakh (FY 2023)876.0%New Delhi, Delhi, India
Filo Human Resources Private Limited₹6.31 Lakh (FY 2025)219.0%Surat, Gujarat, India
Furlough Infosystem Private Limited₹6.31 Lakh (FY 2024)-60.0%Delhi, India
Carrier Solutions Private Limited₹6.3 Lakh (FY 2017)Delhi, India
Speed Track HR Solutions Private Limitedthis company₹6.26 Lakh (FY 2018)₹13,4572.1%-39.0%Chennai, Tamil Nadu, India
Vaishali Services Private Limited₹6.26 Lakh (FY 2019)-18.0%Delhi, India
Mangalvijeyata Private Limited₹6.25 Lakh (FY 2023)2878.0%Panvel, Maharashtra, India
Merlion Engineering Private Limited₹6.25 Lakh (FY 2018)Puducherry, India
DS Mavi Venture India (OPC) Private Limited₹6.24 Lakh (FY 2022)1662.0%Delhi, India
Absolute Metropolis Pro India Private Limited₹6.23 Lakh (FY 2023)-46.0%New Delhi, Delhi, India

To see the full peer comparison of Speed Track HR Solutions Private Limited, buy the company report.

Auditor

Speed Track HR Solutions Private Limited is audited by GPDB& CO for the financial year 2017.

Auditor firmFinancial yearFirm registration number
GPDB& COFY 2017009084S

Shareholding

The shareholding of Speed Track HR Solutions 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 categoryFY 2017FY 2016FY 2015
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Speed Track HR Solutions Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Speed Track HR Solutions 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 Speed Track HR Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Speed Track HR Solutions Private Limited has 3 board changes on record since 2014: 2 appointments and 1 cessation. The latest: Arumugam Sankaralingam ceased to be Director on 24 Dec 2018.

Ceased
Arumugam Sankaralingam ceased to be Director.
Appointed
Palaniappan Senthil Kumar was appointed as Director.
AGM
Speed Track Hr Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2018 as per latest MCA records.
Filing
Speed Track Hr Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Chennai.
Appointed
Varadharajan Malarvizhi was appointed as Director.
Incorporation
18 Aug 2014
Speed Track Hr Solutions Private Limited was registered on 18 Aug 2014 with Roc Chennai & aged 12 years 2 months as per MCA records.

Frequently asked questions

Speed Track HR 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.

Speed Track HR Solutions was a private limited company based in Chennai, Tamil Nadu, India. The company worked in human resources, within the professional services industry. It was incorporated on 18 August 2014 and is registered under CIN U74900TN2014PTC096961. The company has been struck off by the Registrar of Companies and is no longer operational.

Speed Track HR Solutions had 2 directors:

The CIN (Corporate Identification Number) of Speed Track HR Solutions is U74900TN2014PTC096961. 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 Speed Track HR Solutions is at Door No.24 Swaminathan Nagar 3rd Main Road Kottivakkam, Chennai, Tamil Nadu, India – 600041.

Speed Track HR Solutions was incorporated on 18 August 2014. It is registered with the Registrar of Companies, Chennai.

The latest financial statements of Speed Track HR Solutions on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 September 2018. Year-wise statements from 2015 are in the company report.

Speed Track HR Solutions operated in the professional services industry, in the human resources segment. It worked in this industry before it was struck off.

The peers of Speed Track HR Solutions by revenue are Tb12 Technology Services Private Limited, Stark Recruitment Services Private Limited, Filo Human Resources Private Limited, Furlough Infosystem Private Limited, Carrier Solutions Private Limited and 5 more, all in the same principal business activity (placement agencies and hr management services).

Arumugam Sankaralingam ceased to be Director on 24 Dec 2018. Palaniappan Senthil Kumar was appointed as Director on 03 Dec 2018. Varadharajan Malarvizhi was appointed as Director on 18 Aug 2014.

The compliance status of Speed Track HR Solutions is compliant as of 21 July 2026.