Trusted Technology Solutions Private Limited
About Trusted Technology Solutions Private Limited
Data last updated:
Trusted Technology Solutions Private Limited was a private limited company based in Bangalore, Karnataka, 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 placement services segment of the professional services sector. It was incorporated on 22 November 2001.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U64202KA2001PTC029800. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Mohan Kumar Balasubramanian and Jayasree Mohan Kumar.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at C – 2 #11 Govardhana Krishnanagar Vimanapura Annasandrapalya, Bangalore, Karnataka, India – 560017.
As per the financials filed for FY 2018, the company reported a revenue of ₹2.4 Lakh, a decline of 75% compared to the previous year. For the same year it recorded a net loss of ₹26,176 (net margin -10.9%) and EBITDA of -₹4,664 (EBITDA margin -1.9%). Revenue has grown at a compounded annual rate (CAGR) of 53% over three years.
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- Registered AddressC – 2 #11 Govardhana Krishnanagar Vimanapura Annasandrapalya, Bangalore, Karnataka, India – 560017
- IndustryProfessional Services, Placement Services, Human Resources
- 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
- One PDF report, delivered after checkout
Business Activity of Trusted Technology Solutions Private Limited
The main business activity of Trusted Technology Solutions is support service to organizations. In detail, this covers placement agencies and hr management services.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N2 | Placement agencies and HR management services | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Trusted Technology Solutions Private Limited FY 2018 filings available
Trusted Technology Solutions Private Limited reported revenue of ₹2.4 Lakh (down 75% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR) of Trusted Technology Solutions Private Limited
Revenue fell 75% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 53%. EBITDA fell 110% 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 of Trusted Technology Solutions Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 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 | -₹4,664 | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹26,176 | •••• | •••• | •••• |
| 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 of Trusted Technology Solutions Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -1.9% | •••• | •••• | •••• |
| Net Profit Margin | -10.9% | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Trusted Technology Solutions are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Trusted Technology Solutions Private Limited
Trusted Technology Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Placement agencies and HR management services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Esociopartners Private Limited | ₹2.41 Lakh (FY 2023) | •••• | •••• | 560.0% | •••• | Mumbai, Maharashtra, India |
| Orange City Manpower Services Private Limited | ₹2.41 Lakh (FY 2016) | •••• | •••• | -90.0% | •••• | Mumbai, Maharashtra, India |
| Sapwood Solutions Private Limited | ₹2.41 Lakh (FY 2021) | •••• | •••• | 848.0% | •••• | New Delhi, Delhi, India |
| Update Facility Management & Security Services Private Limited | ₹2.4 Lakh (FY 2023) | •••• | •••• | •••• | Chennai, Tamil Nadu, India | |
| Renco Infra System Private Limited | ₹2.4 Lakh (FY 2019) | •••• | •••• | •••• | Patna, Bihar, India | |
| Trusted Technology Solutions Private Limited this company | ₹2.4 Lakh (FY 2018) | •••• | •••• | -75.0% | •••• | Bangalore, Karnataka, India |
| Vhire Staffing Solutions Private Limited | ₹2.39 Lakh (FY 2024) | •••• | •••• | 0.0% | •••• | Hyderabad, Telangana, India |
| Ajay Consultancy Services Private Limited | ₹2.38 Lakh (FY 2024) | •••• | •••• | -29.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Sublime Opportunities Private Limited | ₹2.38 Lakh (FY 2022) | •••• | •••• | 4.0% | •••• | Delhi, India |
| Sorties Technologies Private Limited | ₹2.37 Lakh (FY 2022) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Greatalent Solutions Private Limited | ₹2.37 Lakh (FY 2020) | •••• | •••• | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Trusted Technology Solutions by revenue in the same principal business activity (Placement agencies and HR management services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Trusted Technology Solutions Private Limited
Trusted Technology Solutions Private Limited is audited by MKD Pai & Co for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MKD Pai & Co | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Trusted Technology Solutions Private Limited
Trusted Technology Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohan Kumar Balasubramanian Also directs: Urban Space Fashions LLP, Iaccept Softwares Private Limited | Director | 03 Jan 2002 | 24 Years 9 Months | As last reported |
| Jayasree Mohan Kumar | Director | 22 Nov 2001 | 24 Years 10 Months | As last reported |
Ownership and Shareholding of Trusted Technology Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Trusted Technology Solutions Private Limited
Trusted Technology Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Trusted Technology Solutions Private Limited
Employment history and EPFO contributions of people linked to Trusted Technology Solutions.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Trusted Technology Solutions Private Limited
Trusted Technology Solutions Private Limited has 2 board changes on record since 2001: 2 appointments. The latest: Mohan Kumar Balasubramanian was appointed as Director on 03 Jan 2002.
Credit Ratings, Litigation & Regulatory Alerts for Trusted Technology Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Trusted Technology Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Trusted Technology Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Trusted Technology Solutions Private Limited
Trusted Technology Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Trusted Technology Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Trusted Technology Solutions Private Limited
Trusted Technology 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.
Trusted Technology Solutions was a private limited company based in Bangalore, Karnataka, India. The company worked in placement services, within the professional services industry. It was incorporated on 22 November 2001 and is registered under CIN U64202KA2001PTC029800. The company has been struck off by the Registrar of Companies and is no longer operational.
Trusted Technology Solutions had 2 directors:
- Mohan Kumar Balasubramanian - Director
- Jayasree Mohan Kumar - Director
The CIN (Corporate Identification Number) of Trusted Technology Solutions is U64202KA2001PTC029800. 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 Trusted Technology Solutions is at C – 2 #11 Govardhana Krishnanagar Vimanapura Annasandrapalya, Bangalore, Karnataka, India – 560017.
Trusted Technology Solutions was incorporated on 22 November 2001. It is registered with the Registrar of Companies, Bangalore.
Trusted Technology Solutions reported revenue of ₹2.4 Lakh for FY 2018 (down 75% YoY).
Trusted Technology Solutions has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.
Trusted Technology Solutions reported a net loss of ₹26,176 (net margin -10.9%) and EBITDA of -₹4,664 (EBITDA margin -1.9%) for FY 2018, as per its filed financial statements.
No. Trusted Technology Solutions has 1 GST registration on record and it is cancelled or inactive.
Trusted Technology Solutions operated in the professional services industry, in the placement services segment. It worked in this industry before it was struck off.