Torus Business Solutions Private Limited
About Torus Business Solutions Private Limited
Data last updated:
Torus Business Solutions Private Limited was a foreign private limited company based in New Delhi, Delhi, India, operated as a subsidiary of Starstone Insurance Services Limited (Uk). The company has been dissolved as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the business process outsourcing sector. It was incorporated on 20 March 2009.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U74900DL2009FTC188652. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹12 Cr and a paid-up capital of ₹5.79 Cr. It was led by directors including Gaurav Kapoor and Theo James Rickus Wilkes.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at S – 369 Greater Kailash – II, New Delhi, Delhi, India – 110048.
As per the financials filed for FY 2016, the company reported a revenue of ₹25.82 Cr, a decline of 40% compared to the previous year. For the same year it recorded a net loss of ₹3.14 Cr (net margin -12.2%) and EBITDA of -₹13.22 Lakh (EBITDA margin -0.5%).
Court records list 1 case involving the company, including 1 filed against it.
Company details
Contact details
Torus Business Solutions Private Limited's registered office is in New Delhi, Delhi.
- Registered AddressS – 369 Greater Kailash – II, New Delhi, Delhi, India – 110048
- IndustryBusiness Outsourcing, Business Process Outsourcing
- 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 Torus Business Solutions is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Torus Business Solutions Private Limited, buy the company report.
Financials of Torus Business Solutions Private Limited
FY 2016 filings availableTorus Business Solutions Private Limited reported revenue of ₹25.82 Cr (down 40% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 40% in the latest year. EBITDA rose 96% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
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| Total Expenses | ||
| EBITDA | -₹13.22 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹3.14 Cr | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
| Long-term Borrowings | ||
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Financial Ratios
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -0.5% | |
| Net Profit Margin | -12.2% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
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| Efficiency and Growth | ||
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| Receivable Days | ||
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To see the full financial statements and ratios of Torus Business Solutions Private Limited, buy the company report.
Board of directors of Torus Business Solutions Private Limited
Torus Business Solutions has 3 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gaurav Kapoor | Director | 18 Jan 2016 | 10 Years 9 Months | As last reported |
| Theo James Rickus Wilkes | Director | 28 May 2014 | 12 Years 5 Months | As last reported |
| Mark Andrew Kern | Director | 21 May 2015 | 11 Years 5 Months | As last reported |
Legal cases
Torus Business Solutions Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, HARYANA | Court case (STA) | Filed against the company by Commissioner of Central GST | Disposed |
To see the full case history of Torus Business Solutions 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 Torus Business Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Torus Business Solutions 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 Torus Business Solutions Private Limited, buy the company report.
Recent activity
Torus Business Solutions Private Limited has 20 board changes on record since 2009: 3 appointments and 17 cessations. The latest: Patrick Colm Tiernan ceased to be Director on 22 Mar 2016.
11 earlier events are in the company report.
Frequently asked questions
Torus Business Solutions has been "Dissolved" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Torus Business Solutions was a foreign private limited company based in New Delhi, Delhi, India. The company worked in business process outsourcing, within the business outsourcing industry. It was incorporated on 20 March 2009 and is registered under CIN U74900DL2009FTC188652. The company is recorded as dissolved in MCA records and no longer exists as a legal entity.
Torus Business Solutions was incorporated on 20 March 2009. It is registered with the Registrar of Companies, Delhi.
Torus Business Solutions had 3 directors:
- Gaurav Kapoor - Director
- Theo James Rickus Wilkes - Director
- Mark Andrew Kern - Director
The CIN (Corporate Identification Number) of Torus Business Solutions is U74900DL2009FTC188652. 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 Torus Business Solutions is at S – 369 Greater Kailash – II, New Delhi, Delhi, India – 110048.
The latest financial statements of Torus Business Solutions on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. Torus Business Solutions has 1 GST registration on record and it is cancelled or inactive.
Torus Business Solutions operated in the business outsourcing industry, in the business process outsourcing segment.
Torus Business Solutions has 1 court case on record: 1 filed against it.
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