Synkromax Specialities Private Limited
About Synkromax Specialities Private Limited
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Synkromax Specialities 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 food and beverage distribution segment of the food and beverages sector. It was incorporated on 27 March 2014.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U24119TN2014PTC095746. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹60 Lakh and a paid-up capital of ₹20 Lakh. It was led by directors Sanjay Nagesh Patankar and Shakha Agarwal.
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 118 First Floor Kundrathur Main Road M.S.Nagar Porur, Chennai, Tamil Nadu, India – 600116.
As per the financials filed for FY 2018, the company reported a revenue of ₹8.17 Lakh, a decline of 61% compared to the previous year. For the same year it recorded a net loss of ₹15.33 Lakh (net margin -187.6%) and EBITDA of -₹15.33 Lakh (EBITDA margin -187.6%). Revenue has declined at a compounded annual rate (CAGR) of 21% over three years.
Company details
Contact details
Synkromax Specialities 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 Address118 First Floor Kundrathur Main Road M.S.Nagar Porur, Chennai, Tamil Nadu, India – 600116
- IndustryFood and Beverages, Food & Beverage Retail & Distribution
To see the full contact details of Synkromax Specialities 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 Synkromax Specialities is accommodation and food service. In detail, this covers food and beverage services provided by hotels, restaurants, caterers, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food Service | I2 | Food and beverage services provided by hotels, restaurants, caterers, etc. |
To see the full business activity and turnover split of Synkromax Specialities Private Limited, buy the company report.
Financials of Synkromax Specialities Private Limited
FY 2018 filings availableSynkromax Specialities Private Limited reported revenue of ₹8.17 Lakh (down 61% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 21% over three years, including a 61% fall in the latest year. EBITDA fell 696% 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 | ₹8.17 Lakh | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
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| Depreciation and Amortisation | ||||
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| Total Expenses | ||||
| EBITDA | -₹15.33 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹15.33 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
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| Trade Payables | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -187.6% | |||
| Net Profit Margin | -187.6% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
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| Receivable Days | ||||
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| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Synkromax Specialities Private Limited, buy the company report.
Board of directors of Synkromax Specialities Private Limited
Synkromax Specialities has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Nagesh Patankar | Director | 27 Mar 2014 | 12 Years 7 Months | As last reported |
| Shakha Agarwal Also directs: Precise Analytical & Innovation Services Private Limited | Director | 27 Mar 2014 | 12 Years 7 Months | As last reported |
Auditor
Synkromax Specialities Private Limited is audited by M JAYARAMAN ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M JAYARAMAN ASSOCIATES | FY 2018 | 008342S |
Shareholding
The shareholding of Synkromax Specialities Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Synkromax Specialities Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Synkromax Specialities 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 Synkromax Specialities Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Synkromax Specialities has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Synkromax Specialities Private Limited, buy the company report.
Recent activity
Synkromax Specialities Private Limited has 5 board changes on record since 2014: 2 appointments and 3 cessations. The latest: Seshadri ceased to be Director on 16 May 2019.
Frequently asked questions
Synkromax Specialities 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.
Synkromax Specialities was a private limited company based in Chennai, Tamil Nadu, India. The company worked in food and beverage retail and distribution, within the food and beverages industry. It was incorporated on 27 March 2014 and is registered under CIN U24119TN2014PTC095746. The company has been struck off by the Registrar of Companies and is no longer operational.
Synkromax Specialities had 2 directors:
- Sanjay Nagesh Patankar - Director
- Shakha Agarwal - Director
The CIN (Corporate Identification Number) of Synkromax Specialities is U24119TN2014PTC095746. 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 Synkromax Specialities is at 118 First Floor Kundrathur Main Road M.S.Nagar Porur, Chennai, Tamil Nadu, India – 600116.
Synkromax Specialities was incorporated on 27 March 2014. It is registered with the Registrar of Companies, Chennai.
The latest financial statements of Synkromax Specialities 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.
No. Synkromax Specialities has 1 GST registration on record and it is cancelled or inactive.
Synkromax Specialities operated in the food and beverages industry, in the food and beverage retail and distribution segment. It worked in this industry before it was struck off.
Seshadri ceased to be Director on 16 May 2019. Subramanian Veluchamy ceased to be Director on 16 May 2019. Arvind Kumar Chandak ceased to be Director on 22 Oct 2018. Synkromax Specialities has 5 board changes on record in total.